Wealth And Health Podcast

Day Trading Your REAL Chances Of Being A Profitable Day Trader

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Sinopse

What are your REAL chances of being a profitable day trader? Do you want to make day trading profits? Day trading for beginners and other day trading strategies from fake gurus on YouTube claim to make you a lot of money. Learn how to day trade. The best way to day trade is to NEVER day trade at all. Check out these 2 day trading studies: https://drive.google.com/open?id=1Tbd... Day traders LOSE money (an average of 15% a year). One study from Brazil compares day trading to gambling and indicates that buying day trading courses and gaining "experience"  yields WORSE results. 97% of day traders lost EVERYTHING and only 0.4% earned more than a bank teller. When factoring in commissions, virtually EVERY trader lost money The other study from Taiwan indicates that only 500 out of 360,000 made money consistently. 359,000 out of 360,000 LOST money. The top 500 (out of 360,000!) made ONLY ~5% a year above simply holding an SPY index. You could beat that by simply holding SPY and selling covered calls Day trading is