Day Trading Online - Why You Will Fail... (fair warning)

published 1 month ago by ClayTrader

Day trading online can offer many opportunities to make money; however, there are many challenges that can cause you to fail in your quest. One of these challenges that I can assure you will be a reason, "why you will fail", I share in this video. One part of being a beginner day trader and learning how to trade does involved numbers and some baseline facts. Sure, the math is nothing complicated and can all be done with a basic calculator; however, these areas that need to be learned are facts. The other part of trading and learning is about attitude. It's about your own mental landscape and how you view the world. Oftentimes someone's ability to learn how to day trade gets mixed up with intelligence levels. It's logical to think that only smart people can find success as traders and learn, but that's not true. Trading at the core is a very straight-forward skill. For those that have the right attitude, they give themselves the chance to find success. On the other hand, as you will see in this real life example I use, some people set themselves up for failure (no matter how book smart they are) because they have such a terrible attitude when it comes to their own egos and learning. Let me show you what I mean.

more episodes from Learn To Trade Stocks and Options