Episodes
Wednesday May 31, 2023
Beginner Day Traders - Run the Other Way!
Wednesday May 31, 2023
Wednesday May 31, 2023
I remember being a beginner day trader! It was a very confusing time with a huge sense of feeling overwhelmed. Fast forward almost 20 years and all I can say is “wow!”. There are soooo many more resources. There are soooo many more thoughts and opinions being thrown everywhere. If you are a beginner day trader and feeling overwhelmed, I understand! In this video I want to share with you a general rule of thumb that’ll save you a whole lot of time and headache. There is an attitude in the market which will 100% lead you down the wrong pathways if you allow it. In order to illustrate this to you, I will use a comment I received on a YouTube video. This poor beginner day trader is under some false illusions and I don’t want to see this happen to you. The trader will eventually learn the error of his ways; however, that won’t take away from the fact he has been wasting so much of his time (and potentially building bad habits along the way!). As a rule of thumb, if you see the type of attitude I show in this video, run the other way!
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