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Are you a casual daytrader? If you are trading casually, chances are you're gambling! How to stop gambling and start trading! Casual vs Part-Time Traders. I know lots of casual day traders and lots of part-time day traders. You should try to become more of a part-time trader and less of a casual day trader. Is trading the same as gambling? Possibly if you're a casual trader... At what stage does trading forex become a gambling addiction? How do you overcome the stock market addiction? Don't let trading become a gambling addiction. OK.
Casual
Trades whenever
Goes with gut feel
Big swings in PnL
No real risk management
Zero homework
Part-time
Scheduled hours
Setups and strategies
Smaller equity curve moves
Strict sizing/stops/risk
Plenty of time sent on homework/analysis
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81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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https://www.youtube.com/watch?v=TbTSyLOE4qwHow to Be a Part Time Trader: Tips on Getting Started ☝️ (Part 5)
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About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
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