Day trading is a scam and day traders are actually fraud victims. David Jaffee
with BestStockStrategy.com, you can go to BestStockStrategy.com and enter in
your email address and receive over $400 of valuable training that will actually
teach you how you can earn consistent and profitable and be profitable in the
stock market so I just want to make this clear because I know that a lot of
people are gonna are gonna comment on this and say that I'm bad trader or that
I'm not doing it myself technical analysis and day trading does
not work.
If you buy their program like even if
you get it for free it's worse than garbage because you're
going to lose all your money by trading. So the hoax is that what happens is that
when you trade you're pretty much gonna be profitable around forty to forty-five
percent of the time so what people do is they'll make a little bit of money
because again forty to forty five percent of the time your trades will be
profitable and then you are going to assign ways in your mind you're going to
miss a tribute that you can use these specific tarp patterns or indicators to
increase your success rate which is completely false because prices are
random. So if you actually give these experts if you told them, "hey predict
what Facebook is going to do tomorrow tell me what the intraday price
movements are going to be like what's the price of Facebook going to be in the
next hour they're gonna be wrong right because day trading is a scam. And I know
that you're that you're being pulled into it because you think that there is
easy money but the reality is that not only are you not going to make money by
day trading or swing trading you are going to lose money by day trading and
swing trading so you're actually not trading day trading and swing trading is
not trading as a day trader or a swing trader you are a scam victim. You are a
fraud victim to these people like Tim Sykes,
Ricky Gutierrez Cameron Fous etc you are a
fraud victim because they do not treat themselves. They
use simulators from companies like thinkorswim and they do not trade it's
as simple as that like myself I sell option premium if I had to day trade I
would lose all my money if I had to buy options I would lose all my money the
only way that you can consistently earn money is by selling option premium. So I
have never met a profitable day trader I have been trading for the past 20 years
there graduated from an Ivy League university I worked on Wall Street I
worked in around four or five different investment banks. I have never met a
profitable day trader. Additionally you will not be able to tell me one highly
successful day trader with very high performance. Warren Buffett, not a day
trader, George Soros not a day trader Carl Icahn not a day trader all of these
guys are not day traders because it does not work. There's not one hedge fund that
indeed then engages in day trading. Now there are a lot of hedge funds that
profit from from that bid-ask spread premium whereas they buy the shares from
the exchange and then they sell it when they fill orders so then they profit
anywhere from like 10 or 20 basis points and they pretty much take a risk free
profit but as a retail trader which is what you are, you will not make money day
trading you are going to be a fraud victim. And you cannot name me any
individual retail trader who has made a lot of money in on verified basis by day
trading because they do not exist because day trading is a fraud. Day
trading is a scam. Swing trading is a fraud. Swing trading is a scam so
remember that day trading does not work technical analysis does not work I know
that you're being fed all this psychological bullcrap about you know
being able to throwing ten thousand dollars into three million dollars but
again they're just utilizing that to tap into your greed so that you give them
your money to learn to learn a program that does
not work. And then it's funny because someone like Tim Sykes will actually put
a disclaimer on the bottom of his email and say that the reason why the majority
of the traders will not will not make money is because they lack the work
ethic no actually the reason why the majority of the traders will not make
money is because he's selling them a fraudulent product every single one of
my students makes money because they sell option premium but the reason why
the students of Tim Sykes do not make money is not because they're gonna go
through his five thousand shitty videos where he tries to overwhelm them with
information and therefore when they fail to succeed by selling penny stocks for
trading penny stocks he can point the finger at them and say that they haven't
gone through all five thousand of his videos and what that's what he does he
shames them into believing that the problem is inside of them when the
reality is that they are actually fraud victims but the reason why they tell you
that the majority the traders don't succeed is because they're simply
trading the wrong strategy the only way that you can consistently earn money in
the stock market is by selling option premium you can go to BestStockStrategy.com enter
your email address and receive over $400 worth of free material hey look if you
don't like my style that's completely cool you can learn from tastytrade. Now
I am a more profitable trader than tastytrade because I do not believe in
the trade often in methodology where you indiscriminately sell option premium
predicated upon high IV I believe that you should take a much more risk-averse
role while also increasing your premium by being opportunistic and waiting for a
specific stock to fall on the low end of its range and then selling a put and
then also waiting for that specific stock to trade on the high end of this
range and then you trade it and then you sell a call option but if you don't like
my style for whatever reason I'm completely cool with that so if you want
to learn from option alpha you want to learn from tastytrade you want to learn
for myself totally cool but if you decide to day trade you will lose money
because day trading is a fraud day trading is a scam so don't blame anyone
else for being a victim of that fraud when you try to swing trade and it
doesn't work because it's a scam and it's a fraud
so the only way that you can make money in stock market is
by selling option premium this is David Jaffee go to BestStockStrategy.com
and enter in your email address and receive over $400 worth of free
materials please like comment share and subscribe to this channel and if you
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