As The Wandering Trader I get two type of quesitons all the time.
Questions about travel and quesitons about day trading. One of the most popular being: “What is day trading?”
On this episode I break down the stock market completely.
I will use easy to understand examples, talk about what determines the value of stocks, and where the best options for day trading are in the stock market.
In addition to helping to break down what can be a pretty complicated subject I introduce the idea of future contracts & e-mini futures and why these contracts are the best place to get started.
I’ll lay out the truth about how many people are actually making consistant money in the stock market and what it really takes to become a day trader.
For those of you who are interested in pursuing day trading as a method to attaining your freedom, this episode has a lot of great advice and explanations that can set you looking in the right direction as you start learning about day trading.
What is your biggest question about day trading? Remember to leave us a review on Itunes with your question and we will answer your question on the podcast!
In this Episode You Will Learn About
- How stocks come to be & an explanation of the stock market.
- The value of stocks and how that value is achieved.
- What future contracts are and how e-mini future contracts evolved from them.
- Why fewer restrictions works to our benifit as traders.
- The best laptop recommendations for daytrading.
- The percentage of people in the market who are actually making consistant money
- What it really takes to become a day trader & what you need to get started.
Thank You So Much For Listening!
Thank you so much for listening to the WanderingTrader Podcast. If you liked what you heard today then I’m doing my job. Feel free to let us know where you are listening to the podcast today with the social media buttons below.
Also, we want to hear your feedback! Reviews for the podcast on Itunes is incredibly important! We want to help get the word out so others can achieve their financial freedom and travel around the world.
Once we reach 150 reviews we are giving away a one year of free training program at The Day Trading Acadamy to one lucky podcast reviewer. Make sure to enter your name and leave a review to get a chance to earn your freedom through day trading. If you would like to leave a question on the review we will be happy to answer it on the show!