[LIVE] Day Trading | 1st Trade Put Me in a Hole

It’s never fun when it happens, but that’s part of the day trader life. Taking a trade and then finding yourself in a hole is less than ideal. Assuming you want to find long term success as a day trader, then you’ll need to learn how to manage risk. Part of managing risk is cutting loses and therefore throwing yourself into a hole. While annoying, it’s totally healthy and will produce long term success. I understand that all sounds counterintuitive given we want to be making money as online day traders, but it’s the truth. There is nothing wrong with a hole. What matters is the size of that hole. Let me show you what I mean using some of my personal day trading results that I captured, live, on video.

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