Is day-trading a realistic career?
Full time trader, Joey, discusses the challenges and realities of pursuing day trading as a career. While it's possible for many people to succeed in day trading, it requires significant time, dedication, and the willingness to make it a lifestyle. He emphasizes that becoming a successful day trader often means sacrificing a balanced, healthy life due to the extensive hours and commitment needed. Success in day trading typically takes years, with little to no progress in the initial stages. For those who prefer a less demanding approach, he suggests swing trading, which is more of an academic endeavour and less performance-driven.
Video Details
-
Video TitleIs day-trading a realistic career?
-
Published2024-08-21T11:09:25-04:00
-
Video ID100120566
-
Content URLhttps://vimeo.com/100120566
-
Embed URLhttps://player.vimeo.com/video/100120566
-
Imagehttps://www.chartguys.com/images/tcg/trader-qa-thumbs/joey-day-trading-realistic-career.jpg
-
Description
Full time trader, Joey, discusses the challenges and realities of pursuing day trading as a career. While it's possible for many people to succeed in day trading, it requires significant time, dedication, and the willingness to make it a lifestyle. He emphasizes that becoming a successful day trader often means sacrificing a balanced, healthy life due to the extensive hours and commitment needed. Success in day trading typically takes years, with little to no progress in the initial stages. For those who prefer a less demanding approach, he suggests swing trading, which is more of an academic endeavour and less performance-driven.