Originally Posted by
Bernard.
Just watched the whole video and wanted to say some things:
The video doesn't really talk about how DAY TRADERS make money. They make money by buying and selling securities day by day. Imo it's less about investing and more about trading using leverage and small price movements in the value of certain stocks, though of course it is a form of investing. The title of should more accurately be "Wanna know how Investors make a living? Watch this." Also saying "the strategy to not lose that money is to sell before you lose that money" is sort of "common sense" but not strategy I would follow. If you sell at a 2% lost, you still lose money. I just straight up believe that one should ever sell at a lost. Basically, your video is fine as it is, but your thread title and what you wrote in your OP is not exactly day trading.
Also, some very important thing about stocks is NEWS and CONFIDENCE especially when it comes to day trading (though of course is a big deal in investing as well). If a company is receiving bad publicity, people lose confidence and the stock tends to fall (though I assumed this was left out because this video is about math not that kinda stuff).
- - - Updated - - -
You can think of stocks as like a stake/share in a company. If you hold all the stocks to a company, you basically own it. A company's actions are usually decided by a board of major stockholders.