The main job of any online day trader is one thing: survive. In other words, you need money in your trading account so that when day trade opportunities come along, you can capitalize on them and make money. However, it takes money to make money and if you don’t have any money because you are not surviving… well, you see the problem! While I fully understand (and agree) that talking about winning day trades and how much money can be made is by far the most exciting trading topic to talk about, it’s not the most important. If you are not careful and as trader, you can potentially put yourself in a situation with a trade that can destroy your account. You can accuse me of being overly dramatic here; however, no worries! In this video I will not be talking “in theory”. I will be using some of my personal day trading stock results to illustrate the types of trades that can destroy you as a day trader, and how to avoid them. If you are a beginner day trader who is just getting started in the stock market and want to stay in the market long term, then this is a video for you! Avoid these types of trades and you’ll give yourself plenty of opportunities to not only survive, but thrive as a day trader!

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