Episodes
Wednesday Apr 05, 2023
The Trap Door of Greed for Day Traders (so sneaky!)
Wednesday Apr 05, 2023
Wednesday Apr 05, 2023
Greed can come in many forms. Some of these forms are very obvious while others operate as trap doors that hide in plain sight. The obvious forms of greed already make successful day trading challenging enough; however, when you factor in the trap doors of greed, day trading becomes way more difficult. I should note, just because a task is very challenging does not mean it is impossible. Understanding the human mind and how emotions work is a vital piece of the puzzle for finding profitable results as a day trader. In this video I will show you some of my personal day trading results that demonstrate one of these trap doors of greed. In hindsight, I look like a total moron (and I am!), but it illustrates just how sneaky the emotion of greed can be for us as day traders. No theory here! Let me show you some real life results that explain the point!
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