
Sign up to save your podcasts
Or
There’s a saying about day trading: “Day trading is the hardest easy money you’ll ever make.”
The thing is, when it comes to trading, the shorter the time frame, the harder it is to become profitable.
If you place a trade and close it that same day, it’s going to be very challenging for you as a new trader to make a profit from that trade.
If you place a trade that lasts longer–say a few weeks–and then close it, it will be much easier for you to become profitable.
If you were new to skiing, you wouldn’t start on the hardest, most dangerous slopes.
You would start on the bunny hill.
The thing is, day trading can be lethal to new traders’ brokerage accounts.
Nothing drains their accounts faster.
Trades that last days or weeks will require a little more patience, it’s true–but this style of trading can absolutely change your life.
📈 Join the upcoming Unlock the Stock Market Challenge: https://www.tradeway.com/challenge
💸 Free Masterclass - Stock Trading: The New Gold Rush: https://www.tradeway.com/masterclass
📲 Book a call - https://www.tradeway.com/call
✅ Subscribe to our YouTube channel: https://www.youtube.com/@TRADEway
🎙️Subscribe to The Word on Investing Podcast wherever you get your podcasts
4.8
8484 ratings
There’s a saying about day trading: “Day trading is the hardest easy money you’ll ever make.”
The thing is, when it comes to trading, the shorter the time frame, the harder it is to become profitable.
If you place a trade and close it that same day, it’s going to be very challenging for you as a new trader to make a profit from that trade.
If you place a trade that lasts longer–say a few weeks–and then close it, it will be much easier for you to become profitable.
If you were new to skiing, you wouldn’t start on the hardest, most dangerous slopes.
You would start on the bunny hill.
The thing is, day trading can be lethal to new traders’ brokerage accounts.
Nothing drains their accounts faster.
Trades that last days or weeks will require a little more patience, it’s true–but this style of trading can absolutely change your life.
📈 Join the upcoming Unlock the Stock Market Challenge: https://www.tradeway.com/challenge
💸 Free Masterclass - Stock Trading: The New Gold Rush: https://www.tradeway.com/masterclass
📲 Book a call - https://www.tradeway.com/call
✅ Subscribe to our YouTube channel: https://www.youtube.com/@TRADEway
🎙️Subscribe to The Word on Investing Podcast wherever you get your podcasts
4,071 Listeners
9,461 Listeners
1,697 Listeners
4,781 Listeners
3,920 Listeners
3,868 Listeners
840 Listeners
2,260 Listeners
5,109 Listeners
2,465 Listeners
49,327 Listeners
4,935 Listeners
377 Listeners
3,949 Listeners
110 Listeners