Day trading lessons
The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your initial investment, and therefore, you should not trade with capital that you cannot afford to lose.
If you have any doubts or concerns, Infinite Prosperity recommends you seek advice from an independent financial advisor. Please do not trade with borrowed money or money you cannot afford to lose, and keep in mind that past performance is no indication of future results. Articles in the category of Day Trading.
Lewis Mocker October 30, 10 Minute Read. Day Trading , Swing Trading. Lewis Mocker August 4, 20 Minute Read. Mindset , Day Trading , Swing Trading. The Real Purpose of Technical Analysis Technical analysis has faced significant opposition from critics for years.
Amy Sangster June 12, 5 Minute Read. The Path of Least Resistance in Forex Incase you assumed otherwise, no one knows what the market is about to do with any degree of certainty.
Lewis Mocker June 4, 20 Minute Read. Lewis Mocker June 4, 15 Minute Read. And then he loses all his money and goes crazy. The market is never crazy. The world is never crazy. And I will go so far as to say that your girlfriend who just lied to you about where she spent the night is not crazy. I only care about you. Good and bad days happen. But life is about a billion little moments that add up to all the things around you.
If you let one of those moments have too much control then you are bound to be mostly miserable. I was mostly miserable during the period I was day trading. I let that aspect of my life take control. So I stopped focusing on being a good husband, a good father, a good friend, a good anything.
I would have nightmares. I would lose sleep. I would wake up many mornings and go to the church across the street so I could be by myself and pray. What would I pray? So what makes anyone think they will have an edge? How many people listen to me? Because people are sick of their lives, their relationships, their jobs, and all the lies that have been told to them ever since they learned how to walk.
Day trading is the dream. You can make enough money to not care. To do it from anywhere. Most people think they have that one special something that will make it work for them. You can skip right to the being happy part. You can skip right to being free. But we never learned that. We were taught we had to do something first to earn freedom. We were taught that suffering was the currency to buy happiness.
Okay, go do it. Then cry about it. Then curse the craziness. None of that will make you happy. Then read this blog post again. Not because it will make you happy. But because I like when people read my posts. I was a day trader for many years, and it almost killed me. I did it for years, though, because I was unemployable in every other way.
Everyone thinks they can. B Hope is not a strategy. I hope that every day my life goes perfectly. C Uncertainty is your best friend. D Taking risks versus reducing risk. You have to decide every moment if this is the situation you want to be in. All of my other constituencies went to hell.
Nobody answered my prayers.