When I started day trading 8 years ago, I traded VERY differently. These are the exact steps I did as a beginner, and these steps are what I recommend to you if you're a beginner day trader starting out in 2023!
Do these three things as a beginner. Trader The first thing I did was I kept my position sizing very small instead of Swinging with fences and risking risking I was risking 20 bucks or 50 bucks per trade. The second best thing I did is that I kept my nine to seven job well started day trading even though I absolutely hated my job. but because of that employment income I never needed to make trading profits in order to live.
In fact I kept on refunding my small account with my 9 to 7 paycheck. The third thing which is also what matters most was that I didn't give up. My family and friends didn't understand how trading works and they thought I was insane. Insanity is repeating the same failure over and over again and to eventually become a profitable day trader? Yeah, you kind of have to be very insane at first.
If a trade costs $1 in commission fees and you only trade with $50 at a time, then a stock has to move up at least 4% before you sell it only to just break even. The only ones who'll profit from that are the exchanges and those promoting such ideas.
I wanna learn your system is that possible
You have to be insane at first.
I love that (‾◡◝)
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So true
and I forgot to ask you women to pray also that all of the money and profits that even males make for another male, also bring upon them the pains and taste and physical abuse of the abominations those males they work with and labor for and with, upon those males, and the nasty rapes and torments and rotted siemen of their dogs and domestic breed house cats and love sex dolls and all of that to be upon those males and their politician males and judges and police males and personal trainers males as well.. that way it can be fair and equal.. especially so since they laughed and stole with them and work for and with them to earn money for eachother and not at all having paid me what I'm owed.
and also so all of the women and their male friends and dogs can reveal all the enjoyment of their politics and theft and corruption and abomination support and all that the politicians did and condoned with the taxes we or anyone has paid to them or also was taken from anyone's paycheck and local tax payments and those corrupt officials and judges and public defenders helped get off and corrupt lawyers took money for and sold out easy wins to get bigger criminals off and all that.. so.. I, Jason Christopher Teddy / YekHuWaH Adonai , pray that/this to GOD(ADONAI), And also ask all of my wives and their daughters and their female employees and my and their animals also to pray it as well, and also all of those whom are to be or have been transfigured into females so they may be my wives as well, as GOD has promised in Scripture.
may it be so if my plea and prayer to The TRUE Total And EverLasting GOD is Rightious and Just to be granted. and if you ladies will also make this prayer in your own name with me. thank You all if you do.
Good way to start
nice
how do you day trade and work 9-7 at the same time?
Yeah I’m that insane trader. But consistent is key. Enough mistakes and you will eventually get it.
Super helpful thanks 🙏🏻