In this video, I'm giving advice to aspiring day traders on how to decide if it's time to scale up their day trading account. As a day trader myself, I know how tough it can be to make the decision to grow your day trading account. I'll share my experience and advice on how to make the right decision for your trading career.If you're wondering how to decide if it's time to scale up your day trading account, this video is for you! I'll share my story and advice on how to make the best decision for your trading career. I hope this video can help you on your trading journey!
When you first became profitable, how did you decide to scale up? So this is the answer: I Tell a lot of the new and intermediate Traders I'm coaching You don't get to decide when to scale up. You let your journal and your trading performance tell you. that's the reason I'm a big proponent of always tracking all your trades at the end of the day. Obviously, if you're doing well, then you can slowly scale up in 10 20 ranges.
Don't don't scale up double overnight. Okay, don't don't do that. And another thing is you want to scale up only on the best performing strategy for you. If you have, let's say five different strategies.
When you scale up, you don't scale up on all of them. You look at your Journal look at which ones are performing the best, which ones for you have the best risk a word, the best win rate. Etc Then you scale out on that one and you slowly do that for the others as you see them grow as well. So that would be my suggestions.
Only scale up when you've earned the rights to do so and you only know that from your trading journal.
I see
Hello, can we be friends? What industry do you work in
I always see my mistakes from you. Journaling will made me the best. That's why i love u
I love that, cool. Thank you! Scaling up through your journal, intense. I have a lot of journal writings. I should just sit there 1 day and read them all 😂, I’ll definitely learn something, I’m beating. And 10-20 percent scale ups when YOU UNDERSTAND you are able…. Man. I found that emotions absolutely play a major and significant factor in influencing your trade like, if you have thoughts of strong strong greed that come up in your head that you haven’t been like taking care of…. That will influence your trade and give you like greed googles. Trading is truly hard 🙂
Wise
I got your best advise as a 8 months Newbie.
Mudita
I feel like the sexy librarian would be the way to go (put your glasses on).
🎉🎉🎉👌🫶🤗😚😚😁
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As a trader myself I swear that the YouTubers won’t help us make money. They were in the same situation as all of us always had fear of losing money or left behind. They started YouTube to make money when they started making money from YouTube that is when they get over with their fear because they are not afraid of losing money. If they do they need to make one YouTube video for 30 minutes long to make that money back. In my opinion having fear in stock is your worst enemy. These YouTubers are the worst because they always have one thing in mind to find more followers or subscribers.
How to join your training team ?
I love you so much! You are my Confucius in trading
❤❤❤❤thank you very much
Hi what flatform i can start for a beginner .thank you Humble Trader.🙏🙏🙏🤗🤗