When does a business start trading
You have to decide when you stop preparing for trade, and actually start trading. For any kind of business, I always draw a parallel with opening a physical shop. There will be a period where you are preparing to trade - you sort out the premises, fixtures, stock and 101 other matters. Do you want to stay close to your family, see your kids grow up and work from home, work less but on more fun projects, start another business based on your passion and have trading as a side income, or are you just fascinated by the financial markets and money isn’t the objective at all? Day trading is a profession and a job. Even though you may choose to pursue day trading online and work at home in your slippers, it is still a job. It takes technical know how, experience, and the ability to recognize market movements and patterns. In short, you should consider day trading a business start up.