Why most traders lose money is a question that I often get. Many people don't understand that day trading isn't as easy as people think. It does take a lot of work, patience, and discipline to be able to become a successful trader.
Although one of the reasons why most traders lose money is because they are using a flawed strategy. While that is an issue in the industry that isn't the main issue. Most traders and people do want to blame the industry but there is also an additional problem.
The way that we grow up in this society we expect instant results. Learning how to trade is a process that we must go through. It isn't something that is going to happen overnight and it takes time to be able to learn the process of learning how to trade. It isn't something that we are going to learn for a week or two and then start making thousands of dollars.
In this day and age we expect instant gratification.
This is the primary reason why most traders lose money, because it doesn't happen overnight.
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How could I become a daytrader at one of your trading centers? Right now, I trade by myself with an online chatroom but would love to be
able to physically be in an office with other traders for the day.
Im just now starting to learn and understand Day Trading. with little $ to start with im probably gonna just watch all the video's I can to absorb the knowledge that way. I know this isn't for everyone...hopefully I make it in that 10% lol
Awesome I would love to be apart of that program is there a way we can communicate better and you can show me what to do would really appreciate it I spoke with Linsey and Jonathan both really excellent people
Hey Marcello how are you really great videos I've been a on and off watcher for a long time and even registered at one time with the day trading academy it's really a great website the course I wish was live but it was still very informative also very expensive wish you had something. Cheaper on a super budget at the moment anyway love your videos keep it up and wish me luck trying to be like you one day
+Raffaele Mazzone You must have taken the do it yourself program that we offered years ago. Now we only have programs with training via our Master Traders to make sure that everyone learns the way they should.
Magnr is a handy cross-platform trading site connected to a few big Bitcoin exchanges. Accounts never require any personal data or identitiy proof. So signup is quick and possible with anonymous data.
Leverage is available at Kraken up to 5x for several cryptocurrency pairs, including bitcoin. The fees are depending on the volume of the margin account.
Bitcoin can be traded on GDAX up to 5x leverage. The margin trading option must be manually turned on the account in order to make sure the users understands and reads the associated risks.
Margin trading is basically borrowing funds to purchase an asset, this allows you to buy more bitcoins that you would normally be able to do normally in the hope of making bigger profits on the price movements.
Advantages of Margin Trading.
The biggest benefit of margin trading is that you can take advantage of the additional funds when the market moves in the direction you expected. The overall profit of the positions once the bitcoins are soled and the loan is repaid is significantly higher compared to an ordinary trade execution.
Disadvantages of Margin Trading.
The disadvantage of margin trading is by nature the amount of risk a margin account can hold. The higher amount of leverage you take the bigger amount of money you can loose in case the market moves in an unfavorable way. Due to the margin call, the margin account must be funded countinuesly that involves significant amount of liquidity. It is only advisable to trade on marking if you have enough experience already on the market. To mitigate the associated risk, many trading platforms only offers limited amount of leverage trading opportunites.