In my last live day trading video, I made 1 trade and lost $125. While that’s never fun, it’s part of being a day trader. The stock market offers zero guarantees and because of this, you need to always keep in mind the importance of managing risk. It can be extremely difficult in the heat of the moment to keep perspective, but as a beginner day trader, you must remember that “tomorrow is a new day”. Meaning, when you control risk and ensure the numbers do not spin out of control, you give yourself a very realistic chance to make back the loses, and then some. Like the last live day trading video, I once again only made one trade. This entire process lasted around 13 minutes and the question becomes, “did I make money?” Was I able to regain the $125 that I had lost previously? I really hope that this video can inspire and motivate those of you who are just getting started in the online world of day trading to realize the importance of risk management. Keep your risks under control and all it takes is a single trade to get things turned around!