7 Misconceptions of Day Trading in a Nutshell 1. High risk in day trading and Must-Have-a-Minimum of $25,000 to Start – Say what, I can begin with less than $2,000 and make profits? 2. Math Wiz – Did you know …
Misconception #1 – TOO RISKY WHO HAS $25,000 to GAMBLE WITH? Ever since I can remember I’ve gravitated towards day trading. When I was in my early 20’s, living in NYC, I enrolled in as many adulted classes on how …
Day Trading Misconception #2 – Math Wiz Need Not Apply Random human asking me – “You’re a day trader?” Me responding – “Yes, I am.” Random human nodding head – “I can’t do that. I don’t know math.” Me – …
Whenever we watch any Wall Street movie, TV show or commercial we constantly see men screaming, yelling, freaking out, plowing over each other for the best buy/sell opportunity. Or blatant insider-buying or other form of corruptions landing you in prison …
Day Trading Misconception #4 – Screens – Do You Really Need to Light Up Your Desk? This is a big misconception of day trading and image we hold onto dearly. Whenever you see a ‘successful’ trader interviewed they are usually …
Day Trading Misconception #5 – What’s All That Buzzing Going – Indicators and Software Let’s go back to the trader at his all-important, overpopulated desk with more blinking lights than Time Square during Christmas. If you look closely all his …
