TEN ALTERNATIVES TO DAY TRADING
TEN ALTERNATIVES TO DAY TRADING Maybe you like the idea of trading, but after reading this book, you’ve decided that working for yourself making large numbers of short-term trades isn’t exactly what you want to do. But then what options are there? I put forward several ideas for alternative activities that might better match your interests than day trading. These include other career options, different ways to invest your money, and entertainment that gives you the excitement of trading without the same amount of risk. Proprietary Trading for an Investment Company or Hedge Fund Day trading is a solitary pursuit, and not everyone who wants to trade also wants to run his own business and work by himself all day. Good thing many companies need people to trade for them. Investment companies, brokerage firms, and hedge funds hire traders. These people are often known as prop traders, short for proprietary, and their job is to trade money for the firm’s account. Th