Tuesday, 22 October 2024

The truth about making “$30,098” on a trade

Nothing against him, but the influencer trading industry needs to stop doing this. When I first started trading years ago, YouTube videos on day trading were designed to make you a better trader. They were boring and educational. They taught proper habits and realistic expectations. In the last few years, the trading industry has quickly switched to showing off Ferraris and big winning trades to get as many followers as possible. Nothing is wrong with showing off and motivating people to make more money, but by normalizing “$16,000” trades and “$30,000” trades, influencers are knowingly influencing new traders to think that’s normal and that they should be risking large amounts of money to make large returns. This mindset is one of the most detrimental factors stunting traders from succeeding.

from TheRealTraderTrainer https://www.youtube.com/watch?v=nXxcgunP-T8

Thursday, 17 October 2024

How much can I make risking only .5% of my trading account? (Real results)

Most traders like to show how much money they make without showing how much they risk or how much they actually grow their account. I like to show people what’s attainable with small risk. This is my account that I grew over 40% in less than a year while risking less than half of a percent (.5%) of the account on any given trade. What’s your take?

from TheRealTraderTrainer https://www.youtube.com/watch?v=mpi3Id62Z1w

Sunday, 13 October 2024

The secret life of a day trader *boring*

Seriously though… I wish I had known that I was overcomplicating trading. My biggest regret was spending 12 hours a day for years studying indicators, fundamentals, the news, and dozens of trading strategies. All it did was make me worse at trading. Point is… keep it simple. Stick to studying the basics. Or, even better, get a proper coach that will walk you through it step by step A to Z.

from TheRealTraderTrainer https://www.youtube.com/watch?v=KrrROZqu5aI

What even is trading psychology?

Real. from TheRealTraderTrainer https://www.youtube.com/shorts/3BmAhxWChtc