But I am an independent trader, an ex-prop trader, and the founder of TradingwithRayner. Rockwell Trading Services, LLC is independent and is not an affiliate of tastyworks. I’m not a multi-millionaire trader, I don’t drive fancy cars, and I don’t live in a penthouse. tastyworks does not warrant the accuracy or content of the products or services offered by Rockwell Trading Services, LLC or this website. Neither tastyworks nor any of its affiliated companies is responsible for the privacy practices of Rockwell Trading Services, LLC or this website. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Rockwell Trading Services, LLC by tastyworks and/or any of its affiliated companies. (“tastyworks”) has entered into a Marketing Agreement with Rockwell Trading Services, LLC whereby tastyworks pays compensation to Rockwell Trading Services, LLC to recommend tastyworks’ brokerage services. Past performance is not necessarily indicative of future results. Leverage can work for you as well as against you it magnifies gains as well as losses. The lower the day trade margin, the higher the leverage and riskier the trade. They tend to think this because they hear about thousands of day traders blowing out and prop shops closing and meanwhile, some guy they know inherited stock that his grandfather bought twenty-five years ago for 2.00 a share.
No bs day trading ebook pdf free#
If you would like to get an inside look into what happens in the world of proprietary trading, I invite you to read through this site and watch some of the free videos I have posted on YouTube. During my time there, I learned a few things. Many people think day trading is more risky than position trading. In a previous life, I worked for several proprietary trading firms in Chicago. You may lose all or more of your initial investment. A brief word on day trading vs position trading. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.