Day Trading Is Dangerous⚠️

Day-trading is buying and selling within thesame day so that all positions are closed before the market closes.

What traders don't know �
With the intention of profiting from small price fluctuations or have many trades to increase their gains in a short time, so they chose quantity over quality.
What we hardly notice about this is the downside, there are lots of forces working against you as a day trader.

Bad Trading Psychology�
Too Tight Trades�
Slave to the Market�‍�
Brokers Love Day-Traders�
More stressful
Lose money and panic

Summary�
Day-trading is a huge gamble and should never be tried, you will never make money Day-trading and its very unhealthy to any ones live style, surprisingly this is the style majority traders trade with.

There is a better way to trade its called the SWING trading style and thats how we trade. Its extremely boring but who cares so long as we are making the money which is the end game it becomes the fun.

Watch till end
What they don't tell you about forex�

https://www.youtube.com/watch?v=eytaiD-5uuI

Day-trading is not gambling as earlier portray neither is it unhealthy as its been misinterpreted rather its on the contrary and believe it or not
its exciting and fun. Though every trading style has its own challenges attached to it which i believe can be sub mounted its al depend on the level of knowledge and exposure you've acquire and gain about the Forex Industry.

From my personal experience i believe the key to success as a Day trader solely rely more on your Strategy and use of Risk Management policy
the Psychology aspect is greatly tied to how good and profitable your Strategy is, (that is if your Strategy is very profitable the level of your confidence trading is high and fear, doubt and anxiety disappears) thus giving you a sense of absolute relaxation while trading.

And the beauty of Day trading is that it allows you end your trading session profitable on a daily basis rather than watching over a trade for days or even weeks without having a good sleep.

Attached below is the screen shot of yesterday trade.

jamesogbowu:


Honestly i like your view on this and i wish it was true but its not unfortunately, i know its not because I'm talking from experience.
I want to reply to your points

Psychology being tied to a good strategy will be true if strategies where perfect, but the honest truth is that strategies winrate depend on RRR which in turn becomes a 50:50 chance on a long run. Instead strategy is good when its tied to a good psychology management

Relying only on M.M and strat, no matter how good they are is misleading because psychology management is what sustains your trading plan, it's like the fuel to it.

Talking about daily profits we the long term traders our equity floats daily just like the day traders, the only difference is that we do less work while day traders work their ass off

Day trading being fun i totally agree and i wish to go back to it just because of the fun, but its not worth it if i lose money, i prefer to be bored and still have money than to catch the fun and go broke

Your attachment is not detailed enough being that any system can have a winning trade in a particular day and then screenshot, how about you check mine for the year 2022 its been 1 month and.

Honestly i like your view on this and i wish it was true but its not unfortunately, i know its not because I'm talking from experience.
I want to reply to your points

Psychology being tied to a good strategy will be true if strategies where perfect, but the honest truth is that strategies winrate depend on RRR which in turn becomes a 50:50 chance on a long run. Instead strategy is good when its tied to a good psychology management

Relying only on M.M and strat, no matter how good they are is misleading because psychology management is what sustains your trading plan, it's like the fuel to it.

Talking about daily profits we the long term traders our equity floats daily just like the day traders, the only difference is that we do less work while day traders work their ass off

Day trading being fun i totally agree and i wish to go back to it just because of the fun, but its not worth it if i lose money, i prefer to be bored and still have money than to catch the fun and go broke

Your attachment is not detailed enough being that any system can have a winning trade in a particular day and then screenshot, how about you check mine for the year 2022 its been 1 month and.

.

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The concept of Day Trading is basically anchored more on the success rate your Strategy can delivered irrespective of how the market condition is been played out.

So if you want to make consistent profit in the Forex market contact me on :0.9.0.5.9.1.3.7.4.8.8 . Below is the winning strategy which yields daily profits effortlessly as you begin to make use of it.

frostguy:
The concept of Day Trading is basically anchored more on the success rate your Strategy can delivered irrespective of how the market condition is been played out.

So if you want to make consistent profit in the Forex market contact me on :0.9.0.5.9.1.3.7.4.8.8 . Below is the winning strategy which yields daily profits effortlessly as you begin to make use of it.

In three months time, you can come back here and show your account statement using this strategy if you will be able to turn rocks into gold

My strategy works well irrespective of market situation just follows the rules and is easy to make profit. Just today see how USDCAD made me profit.

Uuii:
Automate binary trading

Can I have your contact boss I want to ask you some questions

If like to contact me via this Mobile No: 0.9.0.5.9.1.3.7.4.8.8

Honestly you couldn't have said this better. Most of these day traders make profits for a few weeks then blow the account. You will never see them show you their trade history for 6months or a year. Because the lot size they use and the excessive amount of trades they take (which is very risky) isn't a formula for consistent profits.

The dude that posted his very shortbtrading history nisnusing a 1.0 lot size, like for real?? One wrong move and the account is gone. Like 1.0...lmao

jamesogbowu:


In three months time, you can come back here and show your account statement using this strategy if you will be able to turn rocks into gold

come all ye freelancers for your ecurrency exchange to Naira...contact in signature...trade with peace of mind(no scam zone)...bitcoin, Payoneer, PayPal, neteller, Skrill, TransferWise, zelle, perfect money, giftcards, e-transfer, etc

Good day all. Day trading, swing trading ,position trading or scalping one can make money consistently from all of these and there are people that do. It all depends on the trading style that suits you, you trading psychology, money management rules and trading objective. A deep understanding is required in order to make profit whether you're day trading or swing trading. I do both and today I'll share a secret with you guys that I use. First, if you're day trading , do not trade on any chart that is not the m15 or H1 chart. I use m15. The reason is so you can catch these price movements early enough before they either Peter out or reverse. Now, there's an important thing to note. Mathematicians have determined that if you randomly enter the market in a buy or sell over a long period of time, the probability of the trades moving your direction is 0.5. This is where your trading strategy comes in. A well tested strategy that has proven to be profitable will raise your trade win probability to 80%. This, together with a good risk/reward ratio and good trading psychology , will make you profitable in the long run. About trading psychology, this is up to you as a trader as I don't want to teach you this. But what I'll say is this- have a wlak-away level I.e a percentage loss per day during which you'll stop trading that day. Also have a walk-away pforit level. Make the profit level ,at least, equal to the loss level. Do not use rigid stops. Do not risk more than 2% if your account per trade. These are some of the basic rules we were taught when we started trading and they still work till today.

I have not seen a single day trader who makes yearly profit, but there are bunch of swing traders that does that year to year.

Trading is a mind game and the only way (definitely only) to attack it is to stay out of the market as much as possible, swing trading gives you this luxury. Am saying this bcus i was a day trader and the day i left day trading was the day i made the best decision in Trading.

The issue is that You can never maintain a strategy in daytrading unless you use robots (which is not perfect but its better than day trading).

If anyone here who doubts me, before you post please send a 12month trading statement of your daytrading strategy lets see the proof.

With swing trading you can make 20 - 100% return yearly, donot be deceived anything more than this is hindsight.