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Day Trading Advice: Trading Is A Mental Game

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A real trader gives insight on what it takes to become a successful trader in this video from Lightspeed Trading's ( http://www.lightspeed.com/indi... Trader Talk Series.

Channel: Education
Uploaded: November 30, 1999 at 12:00 am
Author: LightspeedTrader

Length: 02:08
Rating: 4.354839
Views: 68961

Tags: active trading platform  professional trading  day trading  electronic trading  lightspeed trading  lightspeed financial  

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Video Comments

jreese6969 (November 30, 1999 at 12:00 am)
@choud2403 Plus nowadays Level 2 is very manipulated. I am like you. I dont use it, have been very successful without it
Jacky2116 (November 30, 1999 at 12:00 am)
Trade on high volume fast moving stocks, ride the trends on both long and short positions. Making money is the ONLY goal instead of winning every trade or going against the market.
eddyvideostar (November 30, 1999 at 12:00 am)
To: liljonsp616. The very simple solution would be: to buy some at the offer and try some at the bid. One may accumulate ON THE WAY UP! (The caps for emphasis).
SilverShamrock71 (November 30, 1999 at 12:00 am)
if it's easy to buy short it....
liljonsp616 (November 30, 1999 at 12:00 am)
If you sitting around all day trying to buy on the bid your going to wind up chasing a stock 9 times out of ten.Trust your judgement and buy on the ask like everyone eles.That 1 cent difference trying to out smart everyone will cost you. Simply watch for institutional blocks to trade and follow them in either direction. The market has a horde mentality follow the big money and you will do well. Buy the dips sell rips works until it dosent work lol..
oliverkala (November 30, 1999 at 12:00 am)
This guy is awesome; I just found the best group of traders around. They have the best stocks around plus free trading tools. There called 007stockchat you can google them.
brotherskeeper7 (November 30, 1999 at 12:00 am)
I appreciate the straight talk. This is a good Video.  I will learn how to do this, by starting small, respecting the ones that have been in the trenches for a while.
cote1212 (November 30, 1999 at 12:00 am)
Smartest advice i've ever seen on the web: Start small! 75% mental, 25% discipline. Don't listen to buyystocks, taking the mental part out is impossible, but dealing with it is.
investorspolldotcom (November 30, 1999 at 12:00 am)
Very true. It's not as easy as it looks.
Fxactivities (November 30, 1999 at 12:00 am)
Trading is psychology game. 100% mental game. The market can do whatever movement it want but if you do not have the trading mentality game you are out. Agree you with fully. Trading successfully come from experience. 10 years, 18 years.
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