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  • Writer's pictureMatt DeLong

How safe is daytrading?

LOL, why would it be safe?

It does attract the naive with fantasies of instant wealth who assume you click a few buttons and you are rocking $5k/day. You will lose more than you win the first several years — then spend the next few more years “breaking even” — then after all that — you ~may~ starting winning.

Are you willing to put in 5 yrs full time (10,000 hrs) to learn it and make it through the gauntlet?

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