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While I suppose books on “how to trade” can offer some value, as anyone with any kind of actual trading experience will tell you, the value offered is extremely limited. Many of the best learning lessons on how to day trade online and make money come from seeing it play out before your very own eyes. By recording some of my personal day trading results, I was able to capture some very valuable learning lessons that can not really be taught via the pages of a book. One of the most important lessons for beginner day traders and those who are just getting started is learning “when to quit”. I’ll be the first to admit that in the vast majority of situations in life, “quitting” is not an option you should consider; however, when it comes to day trading, it should always be an option. Successful day traders are ambitious people by default, so this is always a tricky area for them. Ambitious people don’t want to give up and quit! They want to keep fighting and focus on a solution to whatever problem they encounter. Oftentimes in the world of day trading though, this is the exact opposite approach that should be taken. Let me show you what I mean with some real world examples that happened to me!
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