Why You Should QUIT Day Trading
Why would someone get into trading when 95% of traders lose money and quit? #trading #forex #investing #finance …
Why You Should QUIT Day Trading
Why would someone get into trading when 95% of traders lose money and quit? #trading #forex #investing #finance …
22 Comments
@doctor1alex
March 12, 2024 - 5:54 amYou can learn about the economy without gambling your life savings away, which is what many people who get into day trading do..
@tomvalencia4880
March 12, 2024 - 5:54 amHave a strategy, be consistent, and read up on trading psychology (accept losses). Overly simplified, but that's the gist of it! Those three things you need to master in order to succeed.
@adibasu1155
March 12, 2024 - 5:54 am99.9999 percent traders are losser, and 0.1 percent profitable are operator not trader so all traders losses therefore trading is gambling if anyone is profitable then just show your 2 years verified pnl I want to see.
@mgomez34
March 12, 2024 - 5:54 amNever having to deal with a crappy boss: another reason to trade.
@craigmac9708
March 12, 2024 - 5:54 amWell, in most fields, sports, careers, professions, entertainment, politics, and businesses, only 5% percent will succeed! And 95% percent won't, and that's a fact like for instance only 5% percent or less of the entire whole world population will live past one hundred years old and the rest of us won't! Hmm,π€so that doesn't mean the rest of us should just check out and say, 'Oh' I'm going to eat a hot bullet traveling 350 plus mph because I'm not going to live past a hundred years old anyway!!! Well, I, for one, don't want him teaching any of my kids anything because nothing beats a failure but a try! But I think it really means the only thing that can beat failures is the commitment to try, and that's all I got !!!
@damonsprouse6135
March 12, 2024 - 5:54 amBecause Iβm good at it
@CarlosPerez-pl2jz
March 12, 2024 - 5:54 amTrading is not difficult people make it difficult by not learning and most important not gaining enough experience of the scenarios. That 95 percent of people think they will get rich by Trading and they risk a lot specially if they are broke trying to have big gain in which is very difficult and you need a lot of experience and the right mindset. After 15 years of trading can tell you experience is the key with the right mindset.
@calexito9448
March 12, 2024 - 5:54 amLiterally flipping coins has more chance of winning money than this crap. Just buy sp500 long term 8% interest rate thats it. No brain usage, boring but it works
@binodyumnam2562
March 12, 2024 - 5:54 amI made money from 95% losers. Thats why i like new commers to join us.
Come join usπ
@ooopoop2504
March 12, 2024 - 5:54 amTrading has taught me how to just have one meal per day and how it feels to let the bank take over my house. That learning is priceless.
@vc663
March 12, 2024 - 5:54 amIt's ok to trade but keep your day or night job while you do it until you are established.
@Dimensimistis
March 12, 2024 - 5:54 amI trade because im in the 5% group…i make money from the 95% group.
@rikirex2162
March 12, 2024 - 5:54 amyou'll learn everithig but winning…the learning process is just a panoramic side tracking strategy of the market.
@studyhard8063
March 12, 2024 - 5:54 amI like trading because it give us thrill
@jab8823
March 12, 2024 - 5:54 amI started trading today, and Iβve profited big time, Iβm sure Iβm lucky donβt get me wrong, but the risk management Iβm using, and buying low and selling high, seems to work well enough to bring in a solid profit, donβt treat it like gambling, itβs a game of chance, and you literally control the outcome, you decide to make the trade and you need to figure out if its worth it or not, I donβt understand why thatβs so hard for some people? never be greedy, itβs a marathon not a sprint, donβt panic if you hit a SL, small amounts at a time, consistency is key. donβt look at the amount of money, look at your odds and weigh them. 90% OF GUITAR PLAYERS GIVE UP PLAYING WITHIN THE FIRST MONTH, but you could learn to play guitar if you really really wanted to couldnβt you? I did, 5 years in and Iβm great at it, 75% of traders quit because they suck, they do the same things over and over, they arenβt actively learning and improving, they donβt care enough to dedicate all their effort into being better, if itβs not working, do something different? statistics mean nothing. think outside the box.
@howdy2496
March 12, 2024 - 5:54 amI've been contemplating trying this out and that is my exact line of reasoning. I said to myself even if you dont succeed financially you'll grow in knowledge and that is always a win.
@abiodundami
March 12, 2024 - 5:54 amFacts
@Smithtrades
March 12, 2024 - 5:54 amMisleading title
@mathu8973
March 12, 2024 - 5:54 ami lost 6000 in two days its my biggest lost ever , but the think is… i started with my 1130 usd. its need constancy and involvement… give up on your comfort zone for a while. then u will taste the success.. try paper trading start with 500 usd or 1000, when u make that double, again start from 500 or 1000 its will teach you lots of things.
@icyboy771z
March 12, 2024 - 5:54 amBecause 5% make all the money of the 95% losers.
@cesar8ramirez
March 12, 2024 - 5:54 amMy 3rd year in and Iβve learned a lot. You have to be hungry. You have to dedicate time to learning from the experts but also follow the real ones. You learn a lot about yourself and your personality through the emotions of it all. Nothing worth achieving came easy. If you put time into a 4 year career to work a salary jobβ¦ why not put the same time to learn about being free to do what you want, when you want.
@Jesus_LovesAndSaves
March 12, 2024 - 5:54 amJohn 3:16 – βFor God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.β
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