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You're not alone. Aside from the thousands of professional traders already out there, you're now joining thousands more new traders who have joined the retail trading sector since COVID-19 and the associated lay-offs and corporate restructurings around the globe. It's fair to say that Wall Street has felt the impact of new retail traders over the past several years!
Whether you are looking for a side hustle for some extra monthly cash, or you plan to become a full-time Professional Trader, we can help.
While our trading techniques apply to most markets, including Crypto, Futures, and Forex, we specialize in Stocks, ETF's and Option Trading. Specifically we are Day Traders, Swing Traders, and Long Term Investors.
By trade, we are Technical Analysts. At Lake Life Trading, we pride ourselves in being transparent about everything during your educational endeavor to becoming a profitable trader. We strive to "keep it real and keep it as simple as possible", to minimize your time from beginning to profitable trader.
Doing your "job" as a profitable trader means having patience, and waiting for the best setups. You've got to know what to look for and what's happening. You have to have the intellect, patience and experience to know when a trade is working and when it's not.
You'll need these and many more things to become a profitable trader. Our FREE Trading Education Suite will give you a firm understanding of the knowledge that you will need to become a successful trader. It's available right here on the website and is available 24/7/365.
Let's dig deeper into what it means to be a profitable trader.
For most of us, trading isn't really a job. it's a passion! We love the chart science of Technical Analysis and figuring out what "should" happen, based on what we see.
The first thing you should know is that 90% of traders fail in the first year. They fail for several reasons but the most common one is because they don't have enough information. Many lack the required patience,. Some don't have the unstoppable desire, or "gumption" required.
We don't give you the failure rate to scare you off but to be transparent about what it takes to become a successful trader. It's not easy!
For most profitable traders, the old adage, "find something you love doing that pays you and you'll never work a day for the rest of your life" applies.
One of the first questions we usually get asked by new traders is, how long does it take to become a "full-time/professional" or consistently profitable trader? The answer, like most things in life, is that It depends on you!
What type of person are you? What are your goals? What are your expectations? How much time do you have per day to learn? Do you have a photographic memory? Are you the type that can master anything quickly? What is your aptitude to absorb, retain, and utilize technical information and patterns? Are you fascinated by what makes the stock market work the way it does? Are you "committed" or just interested in learning trading? It's different for everyone.
This being said, trading is a fantastic and rewarding profession! Maybe the best there is. It provides great income and ongoing growth opportunities. It can provide you with the financial resources that you've always dreamed of having. It can give you the resources to help others and change the lives of your loved ones. You can work from basically anywhere on earth. It's awesome!
What does all of this mean to you? It means the sooner that you get started, learning how to correctly trade and the mechanics of how successful traders operate, the better off you will be!
Our suite of free trading education videos will give you a firm foundation of how to become a profitable trader, as quickly as possible. It will also teach you that there is no magic indicator or magic bullet, to consistent profitability. It doesn't exist.
We teach you how to recognize and engage good trading setups, via specific trading strategies but NOTHING is guaranteed in trading the market, except that losing is part of winning!
Fibonacci Sequence was discovered by Italian Mathematician Leonardo Bolgola Fibonacci in 1202, in a book entitled "Liber Abaci". To simplify Fibonacci Sequence, It basically states that in a series of numbers, when the two previous numbers are added together, the resulting number becomes an important number in price action. Join Free here to learn more about Fibonacci.
Lake Life Trading Company, LLC.
South Carolina, USA.
2024-2025 Lake Murray Digital Holdings LLC.
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