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To lose Money :Just follow 6 points

LoseMoney4_Full

Here is some common advice that I see all the time, that if you follow it you will lose.
Don’t fall into the trap of accepting it or following it.
Here are 6 of my favorites:

1. Day trading is a low risk high reward way to trade
How many writers do you see talk about day trading and how successful they are at it?
Lots!
Now:
How many of them can show a real time track record of profits over the long term?
None.
This is simply the dumbest way to trade there is. (more…)