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The 4 Phases Every Day Trader Needs to Go Through Before Making Money

Ross Cameron

created: July 1, 2025, 5:30 p.m. | updated: July 2, 2025, 4:05 p.m.

Phase 1: Beginner's luckGiven what you see on social media, it's no wonder that day trading looks incredibly appealing. Day trading looks like fun! My reaction time is faster than anyone I know, so how hard can day trading be? Day trading is an actual profession. If you stick with day trading, you'll gradually get your emotions more under control so you can step back and see what's happening more dispassionately.

4 months ago: Entrepreneur