Contrary to most ‘day
trading gurus’ I do not hold to a position that day trading is easy. It is not.
I know that some brokers in Forex market would allow you to download a demo
version platform and then from second day bombard you with emails and messages
about opening a mini or a standard real account. I think that the biggest
mistakes of all who come to financial markets to trade is that they want to get
rich quickly and without paying a painful price of learning. It can’t be true.
Even pros who made millions in stocks or commodities will tell you that. I will
give you examples of excellent traders and their mistakes when they started
trading in my future posts.
Become a popular investor at eToro
Disclaimer: All trading involves risk. Only risk capital you’re prepared to lose. Past performance is not an indication of future results. This content is for educational purposes only and is not investment advice.
Become a popular investor at eToro
Disclaimer: All trading involves risk. Only risk capital you’re prepared to lose. Past performance is not an indication of future results. This content is for educational purposes only and is not investment advice.
For the time being we have
to state very clearly that there are no short cuts to success in day trading. I
do not believe there are short cuts in other areas too. Well, maybe winning a
lottery could be one single short cut (ok, getting married to some wealthy guy
(girl)). But that will not grow you as a personality. We need to be mature to
handle large amounts of money. We do it by growing rich slowly.
In order to learn some profession
go to university or special institutions and study there for years. And they
pay a lot of money for that. Learning day trading is no different. It takes
years to become successful and you do that by investing your time for learning,
analyzing, reading books, watching videos, looking at charts, practicing,
making mistakes, going through disappointments and finally reaching success.
No software or some ebook
will make you a successful day trader. You will have to find your own way to
success. I will try to do my best for you to get as much useful information on
the topic as I can. Please, be patient with me.
I am planning to write more
on the topic. In fact, I am going to write a series of articles on the topic.
For a long time I simply concentrated on writing posts on trading news in Forex
and swing trading. I am going to expand on various topics in my articles and
write series on investing, day trading, swing trading as well as going deeply
into other various trading strategies.
Sorry that this post was
very abstract. I promise to give more examples and more interesting information
in my future articles.
Check the post below on what
I have already written on day trading:
Disclaimer
Trading
financial markets carries a high level of risk, and may not be suitable for all
investors. All information on the blog http://trend0.blogspot.com/ is of educational
nature and cannot be considered as advice, recommendation or signals to trade
in any financial markets.