I first joined Wealthy Affiliate in January 2019 to check it out.
I signed up for a free account at Wealthy Affiliate and then immediately upgraded to paid Premium membership.
After 1 year at Wealthy Affiliate, I wanted to write a Wealthy Affiliate review whether this is a good program to sign up with or not.
My intent is to make this Wealthy Affiliate
worthwhile so that you can also take advantage of the many wonderful options it offers.
As I searched for Wealthy Affiliate
reviews, I noticed that most of them are one-sided, don’t offer other options, and are biased sales pitches from affiliate marketers trying to make money.
With that said, I want to disclose that I am an affiliate for Wealthy Affiliate.
If you click on my affiliate links, like this one, I get credit when you sign up for a paid membership.
If you decide to sign up for Wealthy Affiliate, clicking on my affiliate link is also beneficial for you.
After you sign up, I get notified and we are able to have a private conversation in the Wealthy Affiliate community.
This is a big benefit and all you do is use my affiliate link before signing up for your free account.
Wealthy Affiliate is NOT a get rich quick scheme, it will take a lot of your time, energy and resources.
If you are serious and are not afraid to go through numerous training programs, and have the perseverance, Wealthy Affiliate may be the ticket to your wealth.
Technology has ensured anyone with a working internet connection can start day trading for a living.
While it might be possible, how easy is it and how do you go about doing it? We will look at the benefits of day trading for a living, what and where people are trading, and offer you some tips.
Is Day Trading Possible and Can You Live On It?
I say YES since I have been doing it since June 1997.
Making a living day trading has to be a lifestyle and passion, not necessarily a career, because it’s not easier or less work than a regular daytime job.
- You are your own boss, and can work any way, how, where and when you want. With a laptop, tablet or smartphone you can do it anywhere, anytime.
There are many who claim to make a fortune on day trading, but usually these people are trying to sell you a course or seminar.
There is such a thing as “easy money”.
There are ways to make it easier, for example, you don’t need to make as much if you live in a low-cost, low-tax country, I have friends that love Colombia or Panama and so on.
Cutting down on living costs can also make a big difference, as “making a living” you don’t need as much income to cover expenses.
What Are People Day Trading?
One of the most important decisions you’ll make is what you want to trade. What are the popular securities and markets then?
Whether you’re day trading penny stocks or currencies, the volatility and volume in your chosen market will seriously impact your potential profits.
The cryptocurrency market, for example, is highly volatile, enabling some to make a very good living or lose it all.
Day trading stocks for a living may be more challenging.
A relatively high amount of initial capital is required and losses could be more financially devastating.
Day trading commodities or futures will present its own challenges.
All of which points to the need for effective planning, focus, determination, discipline, desire.
Please feel free to contact me if you have any questions or input.