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In this impactful video, we dive deep into the mindset of day trading, a field that's not for the faint-hearted. As a seasoned day trader with over 8 years of experience, I'm here to discuss the very real temptation to quit day trading and share why it's perfectly normal.
We'll explore four essential insights that every day trader, from novice to expert, should consider before walking away:
1️⃣ Understanding that the urge to quit day trading is normal and part of the journey.
2️⃣ The importance of maintaining momentum in your day trading journey, even if you need to slow down.
3️⃣ Recognizing when to take a break from day trading to avoid burnout.
4️⃣ Remember why you started
Remember, this isn't just about enduring the daily grind of trading, but revisiting why you started day trading in the first place.
To give you an all-rounded view, I'll also share advice and experiences from four other professional day traders from my Humbled Traders podcast. These traders, like me, have faced the decision to quit day trading multiple times, yet have persevered and become profitable.
Whether you're on the verge of quitting day trading, or just need a dose of motivation to stay the course, this video is for you. Let's navigate this challenging path of day trading together and discover if pushing forward or perhaps, quitting, is the right step for you. Prepare for some heartfelt insights and personal experiences on the tough reality of day trading.
00:00 - Intro
02:12 - Wanting to quit day trading
04:07 - Building resilience in trading
08:40 - Taking a break from trading
14:30 - The two times I've quit trading
15:50 - Remember your why
18:56 - You never really make it as a trader
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▶️My Day Trading for Beginners Playlists
Beginner's Day Trading: • Day Trading for Beginners
Day Trading Strategies: • Day Trading Strategies...
Technical Analysis Masterclass:
• Technical Analysis & T...
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My Trading Broker Platforms:
📈Webull Trading: bit.ly/ht-webull (Get at least 6 fractional shares)
📈Interactive Brokers - bit.ly/3bE82u4
📉Centerpoint Securities ($30K min) - bit.ly/3LKdlID
-Get $0 Commissions for 60 days
-Get 1 free month of Das Trader Pro ($150 in free value)
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-Use my scan templates to find the right stocks to trade
✅ Affordable (less than $42/mo compared to others at $150/mo)
✅ Built-in Humbled Trader Strategy Custom Scanners
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📈 Follow my Investment Portfolio on Blossom App (Canada) - bit.ly/3DyHuaF
✅My REAL Social Accounts:
IG: / humbledtrader
TikTok: / humbledtrader
Twitter: / humbledtrader18
FB: / humbledtrader
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses.
AFFILIATE DISCLOSURE: I only recommend products and services I genuinely believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel