Do People Really Make Money Day Trading
Do people really make money day trading?
The beginners who enter day trading almost always come with a view that it is a way for easy and quick money. However, it is quite challenging to make profits in day trading. All day traders believe that they can make money; however, statistics say that about 90% of the people who try their hands at day trading make a net loss!
Having said that, instead of looking at the glass 90% empty, we can choose to look at the glass 10% full. There are many day traders who have earned huge profits and made money day trading. The only difference between these successful and unsuccessful day traders is the amount of dedication, perseverance and desire to learn.
Day trading does not dawn on a trader in a day or a month. It is a long-term learning process. The day traders who are successful or intend to be successful work hard every single trading day.
So, yes, it is possible to make loads of money day trading, just the learning curve is long. There is lot more to day trading than what meets the eyes. Day traders need to keep learning, researching, develop a trading plan, execute it, learn from the mistakes, rework, and keep going.
If you don’t believe what we say, you can watch for yourself. There are numerous videos of Meir Barak and Scott Malatesta on Tradenet YouTube channel that show how they made $4,500 in 6 minutes, or $4,900 in 10 minutes.
As you have seen for yourself, it is indeed possible to make money day trading. All what a day trader needs to excel is doggedness, desire to keep learning, and correct mentorship. You can also follow Meir or Scott on the Tradenet YouTube channel, learn from them, mirror their trading moves, and earn large profits.
If you still don’t count on what we say, we would like for you to hear the same from those who have experienced it first-hand. Thousands of traders have benefitted from the various courses offered by Tradenet and their mentorship program.
Rafael Arias from the United States explains how his day trading career was not going too well. He was making obvious mistakes and was following the wrong people. He made a few big losses in the first few months, until he stumbled upon Tradenet. He took part in the Demo Challenge of Tradenet and gained a lot of experience. He felt empowered and confident after winning the challenge of making $500 in 3 days.
Similarly, Mario Moirinho from West Sussex, United Kingdom shares his experience of Tradenet live chat trading rooms in this testimonial. He applauds Tradenet, specially Meir, Scott, and other team members for their understanding, patience, and honesty. He looked through many trading chat rooms and chose Tradenet for its personal touch and transparency. He likes how Meir always explains all his trades in detail and is always open to questions.
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Now that you know the secret behind making money day trading, what are you waiting for? You can also be among the 5-10% successful traders by learning from the experience and knowledge of excellent mentors and analysts at Tradenet.
You can start by taking the Intro Program at Tradenet. This program includes a self-study course with online trading course, lots of learning units, training videos, interactive sessions, and tests. The Intro Program also gives the users access to live trading chat rooms to trade live with top analysts and traders, watch and learn from them, and mirror their trades.
The Intro Program also comes with an access to Meir Barak’s best-seller ‘The Market Whisperer’. The book can be accessed online in eight different languages and gives a wonderful insight into the world of day trading. Users will also get demo training accounts to get familiar with advanced trading features. They can test all trading platform features on the demo account, without risking real money.
As a bottom line, it is indeed possible to make money day trading. The secret lies in finding the right people and programs to learn from, and implementing the gained knowledge in the best possible manner. Tradenet is one of the most suitable platforms that offers just the right mix of knowledge, experience, and mentorship.