There are so many misconceptions when it comes to day trading. Through the media and different outlets we often hear myths, but I am going to go through some actual reality.
Let’s clear up a few misconceptions!
1.) Day trading is a gamble. I get it! It’s a gamble to those who do not know what they are doing! Day Trading is very strategic. When carefully planned based on rules and strategy you can have great success. All risk taken are calculated with knowledge and understanding of market dynamics.
2.) You have to sit in front of the computer all day. With a viable strategy you can literally make money within 30 minutes or less! Yes, it’s very true. Successful day traders understand the time frames and prioritize when to trade and when not to trade. Successful day traders also know when to stop trading. Day Trading is about trading the most optimal setup. Here is an example of trading optimally. https://youtu.be/Am1pwiNxiNI
3.) You Do not need any training. If you want to be a part of the 90% of traders that fail– then Do not get real training. However! If you want to be a part of the very few that succeed, then get educated!
It takes commitment and hard work to master the art of day trading. Lots of time is required, you will spend hours analyzing charts and methods, day in and day out. We help every day struggling traders and New traders to advance in day trading by gaining a good education, and a true understanding of the mechanics. Take our extensive mentorship course and have direct one on one mentorship with our day trading professionals.
Latoya
