Why 3% Daily Gains Could Ruin Your Day Trading Strategy

Many people fail at day trading. I don’t say that to rain on your parade, I say it to bring a sense of reality to the situation. Why is day trading so hard? There are several reasons, but the one I want to clarify and explain in this video has to do with good intentions. Specifically, even though you can approach day trading with the best of intentions, it will harm you. Many people show up with unrealistic intentions that are driven by pure greed. It’s no shock when these type of people fail and lose money in their journey. But what about those people with good intentions? Oddly enough, the same threat exists. How so? Let me explain…