Today I just wanted to post some screenshots of a DM I got and my response. Some people want to get their feet wet with investing or saving money and want little to no risk at all. So this is a conversation I had with someone who was looking for the safest options out based …
Author Archives: TheeDailyTrader
Developing Your Mini Trading Plan
Today I want to help you guys develop a mini trading plan. You should always have a trading plan or foundation so your actions, results, and goals are in constant alignment. Ok, let’s hop into it. Before you start trading, It is important to establish your goals. So what are you trading for? When you …
I Love Slingshots
I love slingshots. As a kid I had a slingshot… it was super dangerous now that I think about it. That not the point however. I love slingshots and the reason why is because they represent the life cycle of traders so well. Most people don’t have a trading problem, they have a slingshot problem. …
Get In, Get Out, and Get You a Bag
Hey guys. I just wanted to send an update out. I have decided that as a group we should start saying “Get In, Get Out, and Get You A Bag.” The reason why we are saying this is because it represents trading and our future trading course. It pertains to trading because when you are …
My Favorite Trading Book
So books are amazing and anyone who reads can tell you that. Choosing the right book to read is a struggle however and it’s something I struggle to do. Why? Because I do not inherently like reading. It’s something I’m trying to get into because I see how much value there is. So I am …
I Missed A Trade (Trade Update)
I was planning on getting into a trade with expectations of a nice pay day of up to $850. This is what happened. I was waiting for Bitcoin to drop some more to the price $6,610. I set a buy limit at that price which means when the price of bitcoin go to $6,610, my …
Learn To Trade in 5 Minutes (Super Simple)
I am going back to the first thing I learned when I was trying to predict the future price of a stock or of cryptocurrency. This strategy I learned in about 2-5 minutes and it’s one that I want to share with you all. I will be posting a video that goes with this post …
Continue reading “Learn To Trade in 5 Minutes (Super Simple)”
How To Get Better At Trading
When it comes to trading, you should be constantly improving. This helps you to continue minimizing your losses and maximizing your gains. This sounds like simple advice but if you take it it will change your trading. This however is not my secret to getting better at trading. The secret is something powerful if used …
Minor Set Back For a Major Comeback
Daily Traders. A beautiful time is coming upon us right now. A time where a lot of people who know what they are doing are going to make a lot of money and people who do not know what they are doing are going to lose a lot of money. We are going to be …
“I Don’t Have Time To Trade”
Quick side note before we get into this post. I will be posting random memes that have nothin to do with what I am talking about but I thought they were funny so yeah haha… Elon Musk, Gary Vee, Jeff Bezos, and many others are CEOs of multiple large companies that have well over 500 …