"Great" video? Pfffft! No substance to it at all.
To succeed in trading...
(1) Understand "why" you should bet on the market going up/down "from here".
(2) Discipline to execute. Discipline to "take your lumps like a man" and exercise stops.
Easy to say, difficult to do. (This the part that Yogi Berra described as "trading is 90% mental")
KISS baby, as always.
I agree with @Scataphagos, valid message but no practical advice. Talk is cheap, show me how you are doing it. Perhaps in another video.All trades are basically bets.He really did use the word bet.
I know that if you have a gambling mindset like this guy, you for sure won't make it as a trader. Trading is exactly what the word implies.
A trade is a trade. You have to have a buyer and a seller for a transaction in trading. Bet's are gambles you take on future events that haven't happened yet. If you trade futures, you're essentially gambling but I'm talking about trading in a market with buyers and sellers.All trades are basically bets.
Ha this guy just lost 90% of his intended audience. He'll be pitching penny stocks shortly to get some backI agree with @Scataphagos, valid message but no practical advice. Talk is cheap, show me how you are doing it. Perhaps in another video.
Semantics dude. You're betting on something to go up or down in price. Do u care about the underlying?A trade is a trade. You have to have a buyer and a seller for a transaction in trading. Bet's are gambles you take on future events that haven't happened yet. If you trade futures, you're essentially gambling but I'm talking about trading in a market with buyers and sellers.
How is trading betting when they are two completely different thing?