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One of the great contradictions day traders face is the relationship between ambition and quitting. I understand. In order to find success as a day trader, you must be an extremely ambitious person who prides themselves on not giving up! In fact, you absolutely hate the word “quitter” and don’t allow it into your vocabulary. The problem is, one of the key skills a day trader must develop is the ability to quit. To give up. To wave the white flag. These sorts of statements grind against the fibers of every ambitious person’s being; however, it is what it is. This is why day trading can be so challenging! You will need to develop a skill that seems completely against your belief system. Let me show you what I mean and why this skill is important. No worries, I will not be talking “in theory”, I will be illustrating this lesson using some of my personal day trading results that I was able to capture, live, on video.
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