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Diversification is an important strategy to use within the world of investing and the same is true for the world of online day trading. One of the most powerful facts about technical analysis and using charts is how they open up the doors to flexibility. In my case (and what you’ll see in the video), technical analysis allows me to trade both stocks and option contracts. When you give yourself a diversity of choices to trade, you open up the doors to more opportunity. With all that being said, you also need to remember to take your learning slow and steady. A quick way to find failure is to move too fast and overwhelm yourself with too much information. In other words, if you think it would be a good idea to learn all about stocks and options at the same time… you would be wrong! If you want to be an online day trader and make consistent money, you need to be passionate and ambitious. You also need to be wary of ensuring your passion does not lead you into rushing yourself and understanding of the markets. Let me show you a real life look into the realities of being an online day trader within the stock market!
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