In my hand, I may have no not may.. I have the most offensive document I have ever seen in my 48 years on this planet. Trigger warning.. Here's your opportunity to stop the video..

I gave you a chance.. This is the top nine reasons why day trading is bad.. Okay, you're, probably here, because you Googled day trading how to make money in stocks, some of those things and you're gon na run across these articles. Okay, You're gon na see a ton of them.

These fear mongering BS, in my opinion, articles from people.. I promise you that these articles are written by people with no discipline, no work ethic and no passion for trading. Okay. That is a recipe for a failed day trader, who is bitter and then goes and does these listicles as they are called of all the reasons why day trading is bad., And I tell you what..

We are going to talk about the nine reasons that this failed day trader paid or wrote on his listicle, and I promise you this., Not a single one of these had anything to do with personal responsibility. ``. I didn't take my stop loss.. I didn't research it.''.

None of that is in this listicle.. That being said, there's nine valid points here that all kidding aside having a little fun. There are nine points that I do think are valid, but they aren't bad okay. So, let's get right off the bat.

Number one.. There are financial risks., No kidding., No kidding pal., Guess what there's financial risks in Everything with reward? Okay, Take a new job.: You could go to work for Google and the day you start at Google, one of the most successful companies ever in the universe.. Who knows Something happens and they do layoffs.? It could happen okay Day, one. You change, you have a secure job at ABCD Inc.

You get a great job offer from Google.. You go there. You leave the old town, you pack up everything and you move and Google does layoffs and you're low man on the pole and you get laid off., There's risk. Okay, You start a small business.

Small business. People, start small businesses every day. And it's one of the greatest ways to become successful in America anywhere in the world, but like 80 % of them plus fail. Okay, There are risks., You invest in a piece of property..

All of a sudden there's radiation underneath it. I mean, there's always risk okay. Yes, there are financial risks in day trading, but there are financial risks in anything with potential rewards. And if that's your number one reason to not that's what he comes out of the gate.

With That, there is risk Day trading is a full-time job, not a hobby. Wrong. If you focus on the right times of the week, you know this. If you're on StocksToTrade Advisory., Again check out the link below.

Monday mornings, Friday afternoons are the best time to day. Trade. And I'm telling you if you're really busy, if you have a lot going on, you, can only trade a couple times a week and do good. Now.

Are you gon na replace your full-time income trading two or three days a week No.? Can you supplement your income Yes.? Can you pay down debt Yes.? Can you buy a new watch, Yes.? Okay, you can do that a few times a week. And I'm willing to bet this guy wants to go to the bar every night screw off play games. Watch Netflix., You know what You got 16 hours a day: buddy: okay, 16 hours.! You sleep eight.! Hopefully you have an eight hour job.. Maybe you got two jobs.

Could be difficult to day trade with two jobs, flat out., But guess what Eight hours of sleep? Eight hours at the day, job eight hours, you can devote to sharpening a skill like day trading, not playing Call of Duty and watching Netflix. Number three., There's extra taxes. Again, there's extra taxes.. I don't care.

If you make money mowing lawn., You pay more taxes.. The more money you make, the more taxes you pay. It is the price to pay of being successful. Okay, Understand I consider Uncle Sam, my silent partner and I think that's the best way to look at it..

Listen, you have a successful business.. You have a successful property management company., The more money you make, the more that silent partner, gets. And, if you're afraid, to pursue some venture to make more money'cause, you're afraid of the taxes it's'cause. This guy's stuck in the W2 mindset.

He's the guy. I guarantee this guy thinks his tax return is the greatest thing. Ever. I guarantee it., And you know what a tax return is, my friends, especially if you're a W2, It's just your money., They collect your money for a year and then they give you a small pittance of your own money back..

But I bet you: this guy is like `` Yeah, my tax return's coming., It's a bonus.'', No, the more money. You make the more taxes you pay., That's the beauty of being in a free country.. The stock market is unpredictable. Exactly okay.

Yes, it's unpredictable., But if you study patterns, if you study the past, if you're diligent the best way to understand future moves is to study the past. Now I know we live in a culture that no one wants to think about things that happened in the past. History doesn't repeat, but it rhymes. Look at the foreign policy.

Currently, okay, I'm recording in spring of 2022.. We are making all of the same mistakes. We have made 16 different times in the last 48 years that I've been alive.. We repeat the same mistakes and we repeat the same mistakes., But if you can break out of that mold and learn from the mistakes and learn what has happened in the past, it's one of the best ways to recognize patterns and trade opportunities..

You don't get rich quick. This guy., I told you. This is like the most offensive document. I've ever seen., You don't get rich quick., That's a reason not to day trade, No kidding, buddy., No kidding buddy.! Guess what you also don't get rich quick at Entrepreneurship.

Taking that new job taking multiple jobs. Buy a lottery ticket bozo., That's the only way to get rich, quick, okay, There's one way to get rich, quick in 2022. Win. The freaking lottery..

Is that your solution, buddy It takes time Boohoo Everything takes time. And the more difficult it is. The more rewarding it is. Day trading is a stressful, job..

Yeah again, I seem to be repeating these themes, but everything that is hard is stressful. You know And listen something I pride myself in is getting out of my comfort zone. Okay, I've taken I took a few years ago. I took welding classes because I wanted to learn how to weld..

I mean I'm a 45 year old guy going to the local community college with a bunch of 18 year olds learning how to weld, because I wanted to learn that skill in my free time at nights. Okay, Was it out of my comfort zone to be a 45 year old family man successful here with a bunch of 18 year olds Yeah, it was outta my comfort zone, but I loved it and I grew - and I learned from it. Going to I've been to Boxing classes., I don't know anything about boxing, but I learned something and it was outside of my comfort zone. Get outside of your comfort, zone..

It's stressful., You know how you grow With stress. Day trading can be addictive.. Okay, listen addiction has a very negative connotation to it., But if you are addicted to the right things, addiction isn't bad. Okay, If you are addicted to loving your family, is that a bad thing? Hey one of my hobbies, I'm an avid reader..

I am probably addicted to reading.. You go to my Instagram right over there.. I posted a. I bought two books yesterday and the other day I posted a picture to my Instagram..

I got like 100 unread books right there. Okay, I read a lot too, but I'm still buying books., It's probably a problem, but would you think that a addiction to reading is a bad thing, No. If you're addicted to positive you're, addicted to weight, training, you're addicted to nutrition. Sure, if you're addicted to meth, Not gon na end well, but I don't think addiction is a bad thing if you're addicted to something that can reward you like day trading, can.

Last one. Long term investments are a better idea. Yeah. Good luck with that, okay, Hey buddy! Take your $ 1,000 account.

Put it in Amazon and Apple and wait 30 years, and maybe you got two grand okay, Take a look at inflation right now: okay, You think. That's I mean long term investing versus day, trading., Look at inflation right now.! You can crush it on some real stock and make 10 %. Meanwhile, there's 10 % inflation. This year.

You're flat at the end of the day. Okay, If anything, you're better off buying real estate or something okay, But no long term. Investing isn't better unless you wan na lose money versus inflation, especially right now., All right, my friends.. I know I got a little angry okay.

But hear me out.. The anger comes from. I can just read through that page and just see somebody that didn't take it seriously, that didn't study that wanted to get rich, quick that had unrealistic expectations that wanted to waste their eight hours a day and failed and then because of their lack of discipline. Work ethic, passion, enthusiasm, energy day, trading's bad., All right, everyone., You wan na learn how to day trade the right way Check out the SteadyTrade Team.

Mentorship program, two webinars a day, every single day., That's how you learn trading the right way. Instead of writing, some listicles on Google for 20 bucks. Have a good day.