Part 2 of last weeks article.
Most day traders are going to blow out their accounts, they just don?t know it yet. The same applies to almost every new trader entering the game. This is what traders don?t realize until it?s too late.
Any trader, including you, could at some point find yourself in a proverbial minefield with huge intra day losses. In a fit of desperation, you put on crazy Hail Mary trades with double, triple, and quadruple the normal size just looking for that miracle.