Day trading is for suckers?

nooby_mcnoob said:
Never thought of this, I've had a $40K day recently. So you're saying I could get ad revenue and make that a $40K+0.03c day?
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With a decent amount of views, it's much more than 3 cents. Plenty of millionaires on Youtube these days.
 
BlueWaterSailor said:
If you wanted to make a bet on the guy in the video being able to teach you how to trade profitably, I'm sure you'd find many people here who'd be willing to fade you.
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One major stumbling block for new traders is confidence that it can be done. Naturally, we are sceptical. Then you have people who tried and failed who "know for a fact" it can't be done. Add to that fake educators and mis-educators sending conflicting messages.
There's great benefit for a beginning trader to see it done live day after day with consistency and risk management. This is what happens when you join trading desk and watch a pro.

I gurantee you there were people who blew up on that day fading guys like him. He trades the way many prop traders do. It's up to you to decide if this style suits you, but it's legit.
 
qlai said:
One major stumbling block for new traders is confidence that it can be done. Naturally, we are sceptical. Then you have people who tried and failed who "know for a fact" it can't be done. Add to that fake educators and mis-educators sending conflicting messages.
There's great benefit for a beginning trader to see it done live day after day with consistency and risk management. This is what happens when you join trading desk and watch a pro.

I gurantee you there were people who blew up on that day fading guys like him. He trades the way many prop traders do. It's up to you to decide if this style suits you, but it's legit.
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Do live trades. Show your entry setup execution, then your exit to prove you're real profitable trader. Make 10 profitable trades all live.
 
viruscore1 said:
Do live trades. Show your entry setup execution, then your exit to prove you're real profitable trader. Make 10 profitable trades all live.
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That's exactly what this guy is doing and look at the feedback.
 
viruscore1 said:
He says he is not trading live.
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In the video he says he is trading live account. Even if he trades sim, you can see when he entered and when he exited. You also can hear how quickly he bangs the keys ... a sign of a real scalper :)
 
This is a terrible trader !!!
Extreme emotion like extreme elation is extremely bad for trading !!!!
you need to maintain neutral emotion at all time !!!

What happen when you earn tons of money? Shout for joy ?!?!
Hold big party ?!?!?

What happen when you lose money? Kick your pet dog? smash your computer? pull your hair?
curse and swear here and there ?!?!?!
 
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