Day Trading Is Not Worth It

Timecodes:

0:00 - Intro
0:48 - You Are Not A Professional Trader
2:19 - Most Amateur Traders Lose Money
4:36 - Day Trading Is A Lousy Job
5:21 - Psychological Stress
6:15 - Day Trading Can Get Expensive
6:53 - Higher Tax Rate
7:34 - Takes Time Away From Your Most Important Job
8:19 - Encourages Gambling Mentality
9:06 - Hard To Tell If Luck or Skill
9:33 - You Don’t Have To Day Trade To Build Wealth

► 1-1 Money Coaching: https://www.financialtortoise.com/money-coaching

------------

FAVORITE TOOLS:
► SoFi - Checking & High-Yield Savings Account (Terms Apply) - https://sofi.com/tae (Affiliate Link)
► Shortform - More Than Book Summaries - https://shortform.com/taekim

LINKS:
► Get My Weekly Newsletters: https://www.financialtortoise.com/newsletter
► Favorite Books: https://www.financialtortoise.com/bestbooks

DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.