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What Are the Advantages of Being a Strategy Trader

The advantages of being a strategy trader include:

1. Potential for Higher Profit: Strategy traders have the potential to earn more profit by trading normally, as they follow a well-defined trading strategy[1].

2. Independence and Control: Strategy traders have complete control over their day-to-day routine and trading decisions. They are their own boss and do not have to report to anyone, allowing for greater independence and control[2].

3. Flexibility and Mobility: Strategy traders have the flexibility to work from anywhere with a good internet connection, enabling them to enjoy a digital nomad lifestyle and trade from various locations around the world[2].

4. Monetization Opportunities: Strategy traders can attract new investors to join their strategy and earn commissions, providing opportunities for additional income[3].

5. Tax Benefits: Active traders who incorporate a legal trading business may receive favorable tax treatment and asset protection, providing potential tax advantages and income protection[5].

These benefits make strategy trading an attractive option for traders seeking independence, potential for higher profits, flexibility, and additional income opportunities.

Citations:
[1] https://social-trading.exness.help/hc/en-us/articles/360013352519-What-are-the-benefits-of-being-a-strategy-provider-
[2] https://canaltrader.com/en/blog/benefits-of-making-a-living-from-trading/
[3] https://www.linkedin.com/pulse/what-benefits-becoming-master-trader-yadix-stp-ecn-broker?trk=pulse-article_more-articles_related-content-card
[4] https://atas.net/trading-en/6-types-of-trading-advantages-and-disadvantages/
[5] https://www.investopedia.com/articles/trading/09/incorporate-active-trading.asp

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