Should You Be Day Trading?

Share it with your friends Like

Thanks! Share it with your friends!

Close

So, should YOU start day trading? Is day trading risky? And how to start day trading today?

Intro: 0:00
Pros Of Day Trading: 0:20
Cons Of Day Trading: 3:57
Summary: 9:11

Let’s spend some time answering those questions and looking through the pros and cons.

So what does it mean to be a “Day Trader?” A day trader simply means that you’re getting in and out of a position within a day, often within minutes. When I’m day trading I’m typically holding positions for 3 minutes to about 20 minutes.

But if you ARE interested in day trading, I would suggest getting a FREE copy my best selling eBook “The Complete Guide To Day Trading” here: http://tiny.cc/76dmsz

If you’d like a copy of my notes from today’s session, you can get complete access to all my shows notes as a PDF for free here: http://tiny.cc/n7dmsz
#shouldIstartdaytrading #shouldIdaytrade #daytrading

================================================================================

✅ First, subscribe to my channel here so you never miss a new video: https://bit.ly/3aLKLDz
📈 Watch My Daily Trading Routine Here (that takes me less than 15 min/day): https://bit.ly/2ICZkgX
📕 Get a FREE Hardback Copy Of My New Book “The PowerX Strategy”: https://bit.ly/2wMQ7zW
💻 Need a broker? We prefer trading using tastyworks! Sign up here: https://bit.ly/3610gsk
☕️ Start your morning just like me, with the MorningBrew Newsletter: https://bit.ly/32Xs6Uu

================================================================================

tastyworks, Inc. (“tastyworks”) has entered into a Marketing Agreement with Rockwell Trading Services, LLC whereby tastyworks pays compensation to Rockwell Trading Services, LLC to recommend tastyworks’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Rockwell Trading Services, LLC by tastyworks and/or any of its affiliated companies. Neither tastyworks nor any of its affiliated companies is responsible for the privacy practices of Rockwell Trading Services, LLC or this website. tastyworks does not warrant the accuracy or content of the products or services offered by Rockwell Trading Services, LLC or this website. Rockwell Trading Services, LLC is independent and is not an affiliate of tastyworks.

Comments

Markus Heitkoetter says:

What do you think, is day trading for you? Let me know in the comments below 🙂

Genelyn Malanguis says:

Hi sir markus ive been watching lot of your vedios . Sir markus can you make a vedios how to place a trade in single leg covered call and cash secure put ? .thank you

Rico a says:

Thank you Sir
So a cash account is better?

Xavi Hernandez says:

Great video! I'm still tempted to learn about trading 😂 I know people say 80-90% of people aren't successful and lose money, but a 10-20% success rate is not that bad. Something like 90% of people surely fail at a lot of things – weight loss, quitting smoking, learning an instrument, becoming self employed… We don't tell people never to start a business because a lot of them fail. Trading probably attracts a lot of get rich quick without doing much hard work type of people as there's no barrier to entry, no interview process etc. Then again I may be horribly wrong but I wouldn't bet the house on trades unless it was in the hands of a man I met here on Youtube, a Mr. Carrington. Reach him via (anthonycarrington1011@gmail.com), he also gives the best advice on anything concerning trading.

Lisa Morgan says:

2020 online stock market is just difficult and unbelievable, I rather invest my money on crypto

Audrey Han says:

Makes great sense. This helps me decide to stay out of day trading😜 . Thanks 😊

Andreea Miclea says:

I find these informations very useful. I really appreciate your videos, you are a very good teacher, I discovered you channel this week. I am new to trading, so still trying to figure out what suits me best, it might be both swing and day trading.

Daily Stock Picks says:

Love this video. I liked the video and subscribed to the channel. Great content. Going forward I am going to follow you. Keep it coming.

Can I ask something logical?

Can you point me to a financial trading guru (not scams like Ricky Gutierrez, Timothy Sykes) on the internet who…

1) Share publicly in advance what stocks they will trade?

2) Are 100% transparent about their trading details and share it publicly on daily basis?

3) Have the confidence to declare a profit goal beginning of the year and achieve it?

4) Always follow a consistent trading model religiously in public?

5) Share their entry and exit criteria for each trade?

6) Only let the data talk and not attach a subjective story to explain price changes in the market?

7) Share publicly their running profit & loss numbers on daily, monthly, and annual basis?

I do all of the above on my youtube channel (feel free to check it out). Any one can verify it through the historical daily videos published on my channel since Jan 2 2019. But I am curious if there are other people who do all of the above publically?

Chris S says:

Never use stop loses ever!! And I do just fine….especially Day-trading! You should be sitting there watching your trade! 😉

John Dennis says:

Thanks Markus, good reminders!

Comments are disabled for this post.