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Day Traders Must Have a Backup Plan

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  • เผยแพร่เมื่อ 14 ส.ค. 2024
  • In this episode, we discuss the harsh realities of day trading and what traders could expect if they choose to pursue a career in day trading. David Hale details how difficult it was for him to succeed.
    00:00 - Introduction to David Hale
    01:56 - Harsh Reality of Trading
    04:08 - I was lucky
    05:18 - How did Traders React to Your Story
    08:42 - Struggles Traders Face
    12:42 - Traders NEED a backup plan
    15:06 - Should you be a Part-time Trader?
    16:53 - David's Style of trading
    18:28 - How David Makes Money
    21:14 - How did you find your way in Glitch Trading?
    23:59 - Why are prop firms so secretive?
    26:37 - Your childhood might determine your trading style
    31:06 - Different Perspective
    32:59 - Broken Slot Machine

ความคิดเห็น • 12

  • @joshuancontrol
    @joshuancontrol 6 หลายเดือนก่อน +2

    As someone who is profitable for the past two years but cannot make enough money to continue the passion, I am officially forced to give up. So I FEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEL this episode.

    • @thewallstreetcoach
      @thewallstreetcoach  6 หลายเดือนก่อน

      I’m sorry that you’re having to give up. I hope that this conversation does give you some relief and helps you know you’re not alone.

  • @tinaaa9480
    @tinaaa9480 6 หลายเดือนก่อน +1

    This was an interesting listen. Social media often paints this picture of how easy it is to trade. Anyone can do it. It’s marketing. A lot of traders do sit in silence, creating the perfect breeding ground for gremlins to thrive. It’s unfortunate that no one really talks about the down side. Thank you very much for this episode !

    • @thewallstreetcoach
      @thewallstreetcoach  6 หลายเดือนก่อน +1

      I’m glad this episode served you Tina! I feel it’s important to share as many perspectives as possible so Traders know as close to reality - exactly what they are going to possibly experience.

    • @tinaaa9480
      @tinaaa9480 6 หลายเดือนก่อน +1

      @@thewallstreetcoach that is so true.

  • @uhvoidme6321
    @uhvoidme6321 6 หลายเดือนก่อน +1

    Love the 1 on 1s !!

    • @thewallstreetcoach
      @thewallstreetcoach  6 หลายเดือนก่อน

      Glad it is serving you. Thank you for watching and taking the time to comment.

  • @khodler5551
    @khodler5551 6 หลายเดือนก่อน +1

    I loved this book so much! ❤

    • @thewallstreetcoach
      @thewallstreetcoach  6 หลายเดือนก่อน

      It was so good wasn't it? So glad you read it and thank you for watching the pod and taking the time to comment! 🙇‍♀

  • @ugnius888
    @ugnius888 6 หลายเดือนก่อน

    The fact that you give a platform for this grifter is astonishing.. Really disappointed and doing disservice for legit traders you had on your podcasts prior. 👎

    • @thewallstreetcoach
      @thewallstreetcoach  6 หลายเดือนก่อน

      What exactly informs this perspective that you have?

    • @ugnius888
      @ugnius888 6 หลายเดือนก่อน

      @@thewallstreetcoach sent you DM on twitter..