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Essential Knowledge for Day Traders // Ep. 122

Learn what successful day traders have in common. Also find out the biggest downsides of day trading and why you may not want to do it.

Home / Podcast / Essential Knowledge for Day Traders // Ep. 122

In This Episode

  • Trade like a casino
  • What makes day traders successful
  • Type of people who should not be day traders

What Successful Day Traders Do Differently

Day trading may seem sexy because you can take a lot of trades and potentially make money quickly.

However, there are many downsides to day trading.

SUGGESTED RESOURCE: Upgrade your mindset with these downloadable recordings

Listen in as we talk about how some traders are uniquely equipped to be day traders and what you can do if you don't have those natural abilities.

It is possible to be successful at day trading, you just have to understand how it's different from swing trading.

Listen to the Audio Version

Click the play button below to hear the audio-only version. You can also download the mp3 file below.

https://media.blubrry.com/tradinglifestylepodcast/tp-podcast.s3.us-west-2.amazonaws.com/tp122.mp3

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Thanks for listening and we hope that your trading is going well!

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Host: Hugh Kimura Topic: Trading Psychology

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About Hugh Kimura

Hi, I'm a co-host of the podcast, independent trader and founder of TradingHeroes.com. Take a look at all of our episodes to find the tutorials that you're looking for.

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CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

 

 

 

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