72. The Advantages and Disadvantages of Day Trading

[DayTradersWin]

You may be interested in day trading, day trader, day trade videos - technical analysis - for wealth building

[invest0FTSE]

hey

InformedTrades men, i really want to thank you 4 giving something back to the people. please keep it up.

i registered just to subscribe, aint that loyalty:)

+ i think there might be quiet a lot of questions coming from me. lol

[yosergeibell]

in forex..

[yosergeibell]

Hi Dave why specifically do you say most day traders fail, if you have discipline and a good trading plan wouldn't you need less capital and begin to take small profits during the day. What do you think about swing trading, using it combined with day trading?

[InformedTrades]

Hi Yosergeibell, thanks for the comment. I say that most traders fail because that is a pretty well known fact among traders. As far as why they fail I think it is a combination of the ease in which one can get started in trading (lots of people can easily try it so lots of them fail) poor psychology, and a lack of hard effort. One of the nice things about fx is that you can trade mini or even micro contracts allowing you to start with a lower balance and maintain good money management.

[InformedTrades]

As far as swing trading in combination with day trading combining the two styles is something that I have seen people have success with in the past. Best Regards, Dave

[arnonshachar]

@InformedTrades

the big disadvantages in day trading is not the cost or the time

the big problems is the psychology problems that is the reason that 95% the people

lose in day trading

[funpo2005]

good stuff Dave. Thanks

[InformedTrades]

Thanks for the comment funpo2005 I am glad you liked it. Best Regards, Dave

[PLooBzor]

Very good lesson, looking forward to the next lesson.

[InformedTrades]

much appreciated glad you liked it. Best Regards, Dave

[popeeka]

very interesting videos! tnks!

[InformedTrades]

Hi Popeeka, Thanks for the comment am glad you like them. Best Regards, Dave

[InformedTrades]

Hi Popeeka, Thanks for the comment am glad you like them. Best Regards, Dave

[InformedTrades]

Hi Popeeka, Thanks for the comment am glad you like them.  Best Regards, Dave

[InformedTrades]

Hi Popeeka, Thanks for the comment am glad you like them. Best Regards, Dave