Best of the Week
Most Popular
1. Gold Final Warning: Here Are the Stunning Implications of Plunging Gold Price - P_Radomski_CFA
2.Fed Balance Sheet QE4EVER - Stock Market Trend Forecast Analysis - Nadeem_Walayat
3.UK House Prices, Immigration, and Population Growth Mega Trend Forecast - Part1 - Nadeem_Walayat
4.Gold and Silver Precious Metals Pot Pourri - Rambus_Chartology
5.The Exponential Stocks Bull Market - Nadeem_Walayat
6.Yield Curve Inversion and the Stock Market 2019 - Nadeem_Walayat
7.America's 30 Blocks of Holes - James_Quinn
8.US Presidential Cycle and Stock Market Trend 2019 - Nadeem_Walayat
9.Dear Stocks Bull Market: Happy 10 Year Anniversary! - Troy_Bombardia
10.Britain's Demographic Time Bomb Has Gone Off! - Nadeem_Walayat
Last 7 days
Stock Market Pause Should Extend - 21st April 19
Why Gold Has Been the Second Best Asset Class for the Last 20 Years - 21st April 19
Could Taxing the Rich Solve Income Inequality? - 21st April 19
Stock Market Euphoria Stunts Gold - 20th April 19
Is Political Partisanship Killing America? - 20th April 19
Trump - They Were All Lying - 20th April 19
The Global Economy Looks Disturbingly Like Japan Before Its “Lost Decade” - 19th April 19
Growing Bird of Paradise Strelitzia Plants, Pruning and Flower Guide Over 4 Years - 19th April 19
S&P 500’s Downward Reversal or Just Profit-Taking Action? - 18th April 19
US Stock Markets Setting Up For Increased Volatility - 18th April 19
Intel Corporation (INTC) Bullish Structure Favors More Upside - 18th April 19
Low New Zealand Inflation Rate Increases Chance of a Rate Cut - 18th April 19
Online Grocery Shopping Will Go Mainstream as Soon as This Year - 17th April 19
America Dancing On The Crumbling Precipice - 17th April 19
Watch The Financial Sector For The Next Stock Market Topping Pattern - 17th April 19
How Central Bank Gold Buying is Undermining the US Dollar - 17th April 19
Income-Generating Business - 17th April 19
INSOMNIA 64 Birmingham NEC Car Parking Info - 17th April 19
Trump May Regret His Fed Takeover Attempt - 16th April 19
Downside Risk in Gold & Gold Stocks - 16th April 19
Stock Market Melt-Up or Roll Over?…A Look At Two Scenarios - 16th April 19
Is the Stock Market Making a Head and Shoulders Topping Pattern? - 16th April 19
Will Powell’s Dovish Turn Support Gold? - 15th April 19
If History Is Any Indication, Stocks Should Rally Until the Fall of 2020 - 15th April 19
Stocks Get Closer to Last Year’s Record High - 15th April 19
Oil Price May Be Setup For A Move Back to $50 - 15th April 19
Stock Market Ready For A Pause! - 15th April 19
Shopping for Bargain Souvenirs in Fethiye Tuesday Market - Turkey Holidays 2019 - 15th April 19
From US-Sino Talks to New Trade Wars, Weakening Global Economic Prospects - 14th April 19
Stock Market Indexes Race For The New All-Time High - 14th April 19
Why Gold Price Will “Just Explode… in the Blink of an Eye” - 14th April 19

Market Oracle FREE Newsletter

Top 10 AI Stocks Investing to Profit from the Machine Intelligence Mega-trend

Top 3 Side Jobs for Day Traders

Stock-Markets / Learn to Trade Sep 23, 2018 - 04:14 PM GMT

By: Boris_Dzhingarov

Stock-Markets

The financial markets present a lot of opportunities for investors and traders, but they are not without their challenges. Today’s market volatility means you have more opportunities to bank profits in the financial markets of your choice, but you also have more risks to manage.

If you are day trading, a volatile market means you have to spend a lot of time in front of the computer. Most of the time, what you do is spend time looking at market movements and waiting for the right signals to appear.


While working as a day trader is both exciting and rewarding, there are reasons why you would want to find side jobs to do. The extra income and excitement are certainly worth pursuing. The choices we are reviewing in this article are great side jobs to try.

Tutoring

Your knowledge in subjects like math and economics can be very useful to others, particularly students trying to be day traders and business professionals. One of the best ways to make money while working as a day trader is by tutoring students in between trades.

Platforms like Studypool allow students to get the help they need online. In the case of Studypool, students can get homework help answers and connect with thousands of potential tutors for specific subjects. You can be one of the available tutors too.

Naturally, you get paid for helping students with their study and assignments. A good tutor on Studypool can easily earn $3,000 or more per month. More and more freelancers and professionals are offering their services so there is no reason why you shouldn’t give tutoring a try.

Freelance Gigs

Another great way to earn money without leaving your computer is by doing freelancing work. Similar to tutoring, you can now find work as a freelancer with the help of web services and online platforms. You can either post the services you offer, or bid on projects that you think you can complete.

There is plenty of freelance work on the market too. A lot of professionals working in the financial markets also do freelance work on the side for a number of reasons. Some do it for the extra fun, while others are freelancing as a way to pursue their passions.
Regardless of your reason, there is a lot to be gained from working on projects as a freelancer. You can expand your network and sharpen your time management skill along the way.

Entrepreneur

Being an entrepreneur isn’t necessarily a second job; it is a commitment. That said, combining your work as a day trader with a business of your own could lead to many great opportunities nonetheless. You already know how to manage risks and invest wisely as a trader. It is time to put the knowledge into growing your own business.

As an entrepreneur, you still have to do the hard work in order to take your new venture to success. This is where you will learn a lot about management and other skills, which in turn will help you even sharper as a day trader.

There are plenty of other side job opportunities out there, and most can earn you a good extra income.  Have you found one to suit you?  Let us know in the comments.

By Boris Dzhingarov

© 2018 Copyright Boris Dzhingarov - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their prsonal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules