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If your ego is too big to get fooled from time to time, avoid online day trading at all costs! Unfortunately, there is no such thing as a perfect strategy for day traders; therefore, you will experience instances where you “think” something is likely to happen only to get totally fooled! This does not mean you are a bad trader or that there is something wrong with your strategy. All it means is there are no perfect strategies and the markets will, at times, play around with you and make you feel foolish. It’s never a fun experience, but it happens to us all! Whether or not people are willing to show it publicly is a different discussions, but when it comes to this video… you’re about to see me get fooled pretty bad. The good news is, when you manage risk and keep yourself “alive”, you can not only weather the storm of getting fooled but give yourself a second chance. Let me show you what I mean!
ClayTrader.com and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. Investing/trading in securities is highly speculative and carries an extremely high degree of risk.