Webull Day Trading Live (Risk is the Only Thing We Can Control) | EP 046

In episode 46 of Webull Day Trading Live I take a LOSS. How is it possible I can lose money on a day where the market goes straight up? well it's because I clearly was just having a bad day. Or was this a bad day? When it comes to Day Trading the only thing us traders have control of is RISK.

Today I took a $27.00 loss proudly! Why? Simply because it wasn't even a blip on my rader compared to the days I have in the green.

The lesson on this episode is to cut your losses, do NOT hope and pray for the price to move in your direction. Make the adjustments if necessary to your trade or just get out and take the loss.

Tomorrow will come. When tomorrow comes, it's much better to trade with a fresh set of eyes that to start the day off trying to dig yourself out of a hole.

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DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only.