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Side Hustle: Day Trading Transparency

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Manage episode 442301490 series 2362208
Content provided by ClayTrader. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ClayTrader or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this video, I focus on the realities of day trading as a side hustle, emphasizing the necessity of transparency and risk management. While recent trades showcased significant gains—such as earning $500 in 44 seconds and $500 in one second—it's critical to understand that losses are an inherent part of trading. I discuss two consecutive losing trades I experienced, highlighting the importance of admitting mistakes and managing risk effectively. By maintaining discipline and cutting losses promptly, I demonstrate how it's possible to recover and even end the day with a profit. This video serves as a technical examination of risk management strategies and the psychological aspects of trading, reinforcing that success in day trading requires a serious and disciplined approach.

  continue reading

377 episodes

Artwork
iconShare
 
Manage episode 442301490 series 2362208
Content provided by ClayTrader. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ClayTrader or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this video, I focus on the realities of day trading as a side hustle, emphasizing the necessity of transparency and risk management. While recent trades showcased significant gains—such as earning $500 in 44 seconds and $500 in one second—it's critical to understand that losses are an inherent part of trading. I discuss two consecutive losing trades I experienced, highlighting the importance of admitting mistakes and managing risk effectively. By maintaining discipline and cutting losses promptly, I demonstrate how it's possible to recover and even end the day with a profit. This video serves as a technical examination of risk management strategies and the psychological aspects of trading, reinforcing that success in day trading requires a serious and disciplined approach.

  continue reading

377 episodes

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