BEST DAY TRADING RESOURCES
Welcome to my blog about the best day trading videos, articles, indicators and courses that I’ve found for the stock market, futures and Forex.
I’ve been around the day trading world for many, many years. In fact my dad was a trader so I’ve actually been around it all my life … though I didn’t develop a strong interest in the stock, futures and Forex markets until about 10 years ago. Or has it been longer? Time flies when you’re having fun!
And I have been having fun with “day trading.” It’s one of those things that I’d do even if there were no money in it. Becoming a day trader is one of the best decisions I’ve made. And after all, isn’t that the ideal? To have a “job” (if you can call it that) you love so much that you’d do it even if you weren’t paid?
That’s one of the biggest problems I witness with a lot of new day traders – they pursue it only for the money. For them it’s just a get-rich-quick-scheme.
Let me be perfectly up-front and honest about this right now:
Day trading is NOT a way to make a quick buck!
Day trading is a career choice, and a tough one at that. The fact is that most people LOSE MONEY at day trading. Can I be any more clear than that?
It takes time and devotion, study and effort, and after all that, it will take plenty of “screen time” (time in front of the monitor practicing what you’ve learned) before you become profitable. In mastering any day trading strategy, there’s simply no substitute for experience.
One of my colleagues once said that the worst thing that can happen to a new trader is that he/she makes money right away!
Why?
Because it gives them a false sense of success. It causes them to think that trading is easier than it is. The likely reality is that they had simple “beginners luck.”
The best thing that can happen to someone new to day trading is that they begin with realistic expectations, and so they start slow, using a trading simulator (not real money), and treat it like they would if they were to begin any new career that requires a lot of education.
Sure, some people are successful for the short term.
- During the tech boom everyone was a Nasdaq genius!
- During the real estate boom everyone was a real estate genius.
But those bubbles burst and those “geniuses” lost all their money.
The only real test of success is whether you can make money day trading consistently over time and through varying market conditions. Very few are able to stand up to the demanding test of time.
In this blog I’ll be sharing some things that I hope will help you do just that. So look for more to come, and let’s make this a two-way communication …
So please respond with your comments to my posts. I cherish your feedback and your insights.
Enjoy!
P.S. If you came here looking for a list of the best day trading resources I’ve found, I’m happy to supply it. Simply click on this link:
Hi Barry,
Many thanks. Wise words. I only trade FOREX and have applied (and modified) your techniques to suit my own trading style. Over time I have found that consistancy is the best overall yard stick to judge your success. Losses are all part of the game and rather than become dispondent as many people do when they have a run of losing trades, use them as a learning tool. What did I do wrong? (if anything), what could I have done differently? Look for the next trade, not at the level of your trading account.
Many thanks.
Quite simply Barry’s courses and education are at the pinnacle of real trading success; logical and sound, with observable results when practiced. We’ve poured thousands of dollars into trading education from all quarters and I’m just being genuine when I say that for me Barry’s education ranks as elite. More objectively, one top open forum community for forex traders confirms topdogtrading resources in an almost unparalleled manner. Barry is a humble and honest guy, and therefore possibly charges too little for the excellence that he gives in his courses and materials. Ha! I would recommend Barry’s courses etc, to any trader.
God bless
Good day Barry, so true about the get rich QUICK scheme. I was trying too hard but when found out that I needed balance and worked on it things turned out for the better. Your more in depth analysis about this topic with the Bruce Lee analogies (its in one of his other articles related to this topic) was very insightful and helped me understand more what a trader is.
you are the best person,teacher,thank u v much.this is v useful.
Hi Barry
I’m reluctant to spend money until I know what I want to do but your articles and videos are helping to make things clearer and I am starting to see some light at the end of this very dark tunnel.
Thanks
If you’re searching for the right trading course, congratulations you’ve found it! Top Dog Trading courses 1 & 2 have so much info packed into it that you don’t need to keep searching for the “holy grail” because guess what, there isn’t any. Barry takes his experience as well as what he learnt from a number or professional traders and shares it in this course. Do yourself a favor and take his courses and go over the material several times. After going through it, start applying what you learned and It will change your trading for the better!
Thank you Barry for making a hugh difference in my trading.
Hello Barry,
I am in the stage of choosing and testing some systems for intraday trading. I´ve found your posts on Ninja´s FB and I am really interested to learn more about your method.
Thank you for the reply.
Best regards
Oldrich
Hi Oldrich, that’s great. Thanks for checking out my site. Best way to get started with my material is to use the free stuff first. Begin with the free 5 videos (fill out the form at the top of the column on the right). That will walk you though my method. Also the 4th video gives you one of the trading setups I still trade to this day. Enjoy!
Barry, I just wanted to say thank you for the great lessons you provided in courses 1 and 2. I went through both courses and picked up on some great advice. I did forget some key parts to the lessons over time and my trading started going sour so I went back over the two courses again and now I’m back on track again. I’ve taken 42 day trades in the last three weeks and all have been winners. Can’t wait to get your advanced course. Thanks for helping us out. I love to trade, it is a lot of fun when following the “Barry Wave”.
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