Today I got a secret hack for you. I'm going to give you a little bit of a trick for your wins and your losses. And once you learn this, I guarantee you will be profiting consistently and with simplicity. Are you ready for the secret hack?
How to stop losing money day trading?
There is such a thing called a threshold for your wins and for your losses.
So let me explain a little bit what that means. Here's the reality, guys, everybody wants to make a ton of money. We want that. I know. And everybody I hear, "I want to make a $1,000 a day, I want to make $500 per day".
Meanwhile, they're making negative $50 a day, negative $100 and are pissed the fuck off that they're not making their $500 to a $1,000 per day.
Right. So here's the thing, guys. Nobody talks about the wins threshold.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.