According to the University of California, over 99% of day traders lose money…
And despite people losing money, some traders will continue to lose for a DECADE before calling it quits.
So in this episode, I'm going to talk about WHY that's the case, and the 5 steps you can use that are much better than day trading.
I expect some people will disagree with this video, and I'm 100% OK with that. Not only are these studies proving the average person shouldn't day trade in today's markets, but my own personal experience continues to support that idea.
In this episode, you’ll learn:
- Why over 99% of day traders lose money over time
- The huge conflict of interest on Wall Street and why they don't want you to know this
- The goal that's better than day trading
- How ALL trading strategies become unprofitable over time
- 5 steps for effective trading & investing
- The #1 reason why traders fail
Links & resources in this episode:
- Take my Mental Strength Quiz and get a free download of my manifesto “15 Ways To Become a Confident, Disciplined Trader or Investor”
- The study from the University of California proving 99% of day traders lose money
- My blog post talking about why you shouldn't trade for income in today's markets
- Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders
- Check out my latest training program, Mental Mastery For Traders & Investors
- Subscribe to the ChrisDunnTV YouTube channel