Personal Finance & Investing : How to Become a Day Trader
March 17th, 2010 |
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25 Comments »
Becoming a day trader involves setting aside money to invest, and sitting down with other traders to learn the craft. Become a day trader, but only invest with money that one is prepared to lose, with tips from a futures and options floor trader in this free video on personal finance. Expert: Mark Griffith Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange). Filmmaker: Paul Volniansky
Comments (25)
March 18th, 2010 at 00:35
fuck day trading. makes real investing look cheap.
March 18th, 2010 at 00:51
i can see how easily one will be eaten up in day trading
March 18th, 2010 at 01:01
day trading does not work…….get this idea out of your head….your just wasting time
March 18th, 2010 at 01:23
key phrase here: ‘good luck’
March 18th, 2010 at 01:48
well, the problem with daytrading is: your winning is always the loss of somebody else. it’s like playing poker. there is no money to be “created” at this business, and the sooner or later oyu are the one to loose money.
just with poker.
March 18th, 2010 at 02:26
@AirelonTrading, yeah I’m a scam artist, that’s why I have so many clients signed up at over 100 per month, because they love being scammed by me, they love it so much they pay me every month so that I can scam them, I mean hey, this is the best business there is, you can scam people like crazy and they just keep paying you month after month. And people like you come around and are jealous as can possibly be, but don’t worry cause I’m used to it.
March 18th, 2010 at 03:22
By trading paper, it is a good idea to get play money and use only the amount you actually have in your bank account (can afford to lose.)
If you lose it then quit. If you are winning then sustain it for 6 months minimum before using real money. If you don’t have the discipline to do it for 6 months then you have no business day trading.
If you don’t make enough to offset taxes then go another 6 months. Don’t cut it short. Take the time to learn the craft first.
March 18th, 2010 at 03:25
Maybe because you’re a delusional scam artist?
March 18th, 2010 at 04:24
It’s not.
March 18th, 2010 at 04:48
Why not take life by the reins and make money everyday from the comfort of your own home trading oil with me, watching my trades in real-time, and being able to profit from them. Take a look at my website within my profile or Google “Oil Trading Academy” and let me show you what I can do for you.
David
March 18th, 2010 at 05:13
currency trading? how did you start? what courses or books did you read? send me a message nobody can give me a straight answer
March 18th, 2010 at 05:42
Nice Post mate
Check out my channel, Ill try to become Millionaire in one year by Daytading and post dayly updates.
Regards,
Daytrademillionaire
March 18th, 2010 at 05:56
can you tell me where you learned all this? any books you can recommend? I want to get into this.
March 18th, 2010 at 06:37
what? a degree? man you don’t need no degree, I left high school when i was 16, not that i was failing i just hated school. Tradings not that hard, just requires discipline.
March 18th, 2010 at 07:06
Well, it all pays off at the end:).
I just don’t understand why a degree in Math or MBA is needed to become a Trader.
March 18th, 2010 at 07:49
well the 2 guys i know have been trading 7 years other guys been trading 5 years
March 18th, 2010 at 07:50
$10,000 a day? how many years experience do I need to make that much?
March 18th, 2010 at 07:59
like i think on average like $200usd/day so like $73k i guess, still a relatively new trader so in comparison to other traders i trade with, not much, a few i trade with make $2k/day minimum, to about $10k/day, just depends on how big your account is, the idea is to build up your account.
March 18th, 2010 at 08:34
I know it’s rude to ask, but how much do you make on average a year?
March 18th, 2010 at 09:23
on if your a good trader that is. I personally trade forex (as a day trader), never traded stocks b4 but I love trading forex its the best job ever.
March 18th, 2010 at 09:54
very helpful i am just starting out and this video help me get a better mind set that i should be in thank you.
March 18th, 2010 at 10:25
Traders make A LOT of money, way more than medical doctors.
March 18th, 2010 at 10:47
The sad thing is, most newbies will ignore this advice. The mythical 95%, I expect.
March 18th, 2010 at 11:07
it is good to know that ” Don’t expect to get rich quickly.”
March 18th, 2010 at 11:16
thanks
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