It seems that every day, and new suppliers from day superstar (ok wannabe superstar day trader) asking myself the same question. It always strikes me as funny that everyone seems to have the same questions when the answers seem so obvious.

I must admit I was shopping for a bit ‘and I have seen and read all the pessimism about numbers like 90% of all day traders bust their accounts in the first year. Why? I mean seriously why this keep happening again and again? I think it boils down to a few simple rules, but also important that new entrants or do not learn soon enough to save some of their trading capital. Or do not understand the concepts. Consider some of the most important things you have learned and understood before we can really hope to make a living in this day trading game. (more…)