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17 Minutes of Day Trading Advice You Wish You'd Heard Earlier
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Are you making the same day trading mistakes that cost most beginners their accounts?
In this episode of the MoneyShow MoneyMasters Podcast, Fausto Pugliese, founder of Cyber Trading University and author of How to Beat Market Makers at Their Own Game, shares the brutal truths about day trading that could have saved you years of losses.
You'll discover why traditional indicators don't work for day trading, how to read level 3 and level 4 quotes to see what market makers are really doing, and the "three T's" methodology for finding profitable trades. You’ll also learn why losing money is actually GOOD for your trading education – and how to spot fake trading gurus who flash fancy cars instead of deliver real results.
Plus, Fausto explains why community-based learning beats going it alone and what real mentorship looks like in day trading for a living.
If you're serious about day trading or tired of losing money on outdated strategies, this episode cuts through the noise with actionable advice...from someone who's actually made it work.
CHAPTERS:
0:00 Introduction
1:30 Why trading indicators don't work for day traders
4:00 Understanding level 3 and level 4 market data
7:30 The three T's methodology explained
10:00 How to spot fake trading gurus
12:30 Why losing money teaches you more than winning
14:00 Building a trading community that works
16:00 Final thoughts on day trading success
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