[LIVE] Day Trading | I Took a BIG Risk (Spoiler: it did NOT work…)



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Part of being a day trader in the stock market (or any financial market for that matter) is needing to take risks. As the cliche’ saying goes, “no risk, no reward”. When you have gained experience in the world of day trading, it also means there will be certain times where you need to increase your risk. There will be times where you see certain circumstances and deem it worthy of needing to take on more risk so that you can, potentially, gather that much more reward. I had that situation take place in this day’s trading results. As the title implies, the bigger risk did not work and yeah, I found myself in a place I did not want to be. This is where being a day trader can officially get tricky. You are mentally in a place that human nature wires you to NOT be happy about, so how do you navigate these tricky periods? Instead of looking at some kind of textbook that is based in theory, let’s take a look at how this psychology plays out in the real world of day trading.

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When’s an Ounce Not an Ounce? When It’s a Gold Coin!

One of the biggest confusions in the world of gold coin buying occurs when the novice gold bullion owner decides to pop his treasure onto a little weighing scale…you know the type of balance you have in your kitchen for measuring out how much of an ingredient to put into the cooking. Then, the head scratching begins. Finally, a look of shock and awe appears over his face as he discovers that his purchase doesn’t weigh an ounce!

How to Calculate Silver Dollar Values and the Price of Other Junk Silver Coins

Junk silver coins are old US coins that contain silver. Up until 1965, US coins were minted with a 90% silver content. They are a great way to invest in silver but you should know a little about the different coins before buying them.

What Are Junk Silver Coins and Why Buy Junk Silver?

In the US when people talk about Junk Silver they are referring to old US coins that contain silver. In the past dimes, quarters, half dollars and dollars have all contained varying amounts of silver. Up until 1965 these coins contained 90% silver.

How Many Types of Gold Bars Are Available Globally?

There are many approved manufacturers of cast and mint bullion bars. They stamp them with their markings. These markings tend to demonstrate the purity, weight and the serial number of the gold bars. These manufacturers tend to produce many types of ingot bars that you may get hold of all across the globe.

A One Ounce Gold Bullion Coin – That Weighs More Than an Ounce!

In earlier articles I have dealt with the difference between the troy ounce and the regular ounce. However, there is another “weights and measures” issue concerning gold bullion coins, which confuses a lot of people. If you have been buying gold bullion coins for any length of time, you will probably have accumulated a few different types: Maybe some Australian Gold Nuggets, the Canadian Gold Maple Leaf, and possibly the ubiquitous Krugerrand.

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