Why 90% of Day Traders Are Losing Money
Update: 2025-05-13
Description
Day trading isn’t just risky—it’s designed for you to lose. In this brutally honest episode, former financial advisor Michael Michalov joins Mikey Taylor to break down why 90% of day traders fail, how emotional investing destroys wealth, and what actually works for building long-term financial freedom. They dive into real stories of clients getting crushed by margin calls, the illusion of tech and AI-powered trading, and why most people are better off doing the boring stuff.
Whether you're 20 years old trying to flip $10K into a fortune or a high-earner addicted to the dopamine of quick wins, this episode will shift your entire money mindset.
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