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RE: Daytrading vrs Position Trading, which will make you more money?
Hi, you talked about having a 10k stack for trading as an example. Would you really advice to use the whole stack for one position trade? And keep going with that? Or rather split that 10k stack into 5 different trades?
Really looking foward to your daytrading video :) Have a nice day
No I would not advise you trade all your capital on one trade.. I was just making the point that these are big percentage trades where you can get in with size.. so there is a huge opportunity to grow your accounts. So perhaps those wishing to explore daytrading, should first look at these easier, more profitable trades.. then like me, if you have the itch to always be trading, you can also daytrade, as soon as we have the tools build.
Luc, would be awesome if you did a brief segment as part of your regular daily videos where you set aside and started with a small amount of funds ($500?) and made real trades showing us the moves you'd make if you were starting from scratch working your way back up. Something like a $500 challenge. Hope you agree.
I'd love to see something like that!