Episodes
20 hours ago
20 hours ago
In this video, I share a detailed analysis of a $1,200 losing day trade and extract critical learning lessons for beginners in trading. I emphasize that losses are an inherent part of trading and can be beneficial when they are controlled and disciplined. I discuss the importance of having a robust trading system that guides decisions and prevents random, impulsive actions after a loss. By adhering to my system, I demonstrate how I managed to recover from the loss and end the day with a profit. The key takeaway is that controlled losses and a solid trading strategy are essential for long-term success in the markets.
3 days ago
Only Trade These Stock Options
3 days ago
3 days ago
In this video, I discuss the critical importance of liquidity in options trading. I explain how trading liquid options ensures better pricing and execution due to the higher number of buyers and sellers in the market. I illustrate the differences between liquid and illiquid options using scenarios that highlight the ease of finding buyers when exiting a position. I also demonstrate how to use the free tools available on the Webull platform to identify options with high liquidity, focusing on the 'Top Options' feature that lists options contracts with significant trading volume. By utilizing these methods, we can enhance our trading efficiency and reduce the risks associated with illiquid markets.
5 days ago
Why You Should Consider Trading Options
5 days ago
5 days ago
In this video, I explain why trading options could be a valuable addition to your trading strategy. If you appreciate fast-paced markets and volatility without needing a significant amount of capital, options trading might be the right fit for you. I present a real-life case study of an options trade that achieved an 18.3% return on investment in just 20 seconds, illustrating the potential speed and profitability of options.
I break down how to calculate the required capital and profits in an options trade by examining the number of contracts, purchase price, and selling price. This step-by-step approach demonstrates that options trading doesn't have to be overly complicated. I also address common misconceptions about the complexity of options and show that with the right knowledge, they are accessible to traders willing to learn.
To help you get started, I recommend watching my free class, "The BIG Basics of Day Trading Options," which provides a solid foundation in options terminology and mechanics. Additionally, I suggest using Webull as a broker due to their excellent features and promotions for new traders.
It's crucial to approach options trading with discipline and effective risk management. While the volatility of options can lead to significant gains, it can also result in substantial losses if not handled properly. Treat options trading seriously to mitigate potential downsides.
Friday Sep 27, 2024
Side Hustle: Day Trading Transparency
Friday Sep 27, 2024
Friday Sep 27, 2024
In this video, I focus on the realities of day trading as a side hustle, emphasizing the necessity of transparency and risk management. While recent trades showcased significant gains—such as earning $500 in 44 seconds and $500 in one second—it's critical to understand that losses are an inherent part of trading. I discuss two consecutive losing trades I experienced, highlighting the importance of admitting mistakes and managing risk effectively. By maintaining discipline and cutting losses promptly, I demonstrate how it's possible to recover and even end the day with a profit. This video serves as a technical examination of risk management strategies and the psychological aspects of trading, reinforcing that success in day trading requires a serious and disciplined approach.
Wednesday Sep 25, 2024
I Made $500 in 1 second (seriously…) [Day Trader Scalping]
Wednesday Sep 25, 2024
Wednesday Sep 25, 2024
I demonstrate the mechanics of day trading scalping by sharing a real trade where I earned $500 in one second using options. We explore how scalping differs from other trading strategies, particularly in terms of trade management and timeframes. This approach suits traders with specific patience levels and risk tolerance, emphasizing quick entry and exit positions. We discuss the importance of aligning trading strategies with one's personal makeup and the critical role of risk management in any trading methodology.
Monday Sep 23, 2024
Understanding Trading Trends (Day Trader Tips)
Monday Sep 23, 2024
Monday Sep 23, 2024
Understanding trading trends is a crucial skill in day trading, swing trading, and investing. In this video, I discuss the nuances of trend analysis and the importance of recognizing multiple layers within trends. Many traders oversimplify trends, leading to misunderstandings and missed opportunities. By analyzing an actual trade where I earned $700 in 15 seconds, I demonstrate how a comprehensive understanding of trend dynamics can enhance trading strategies.
I explain how miniature uptrends can exist within an overall downtrend and how to identify these patterns for profitable trades. I also cover the use of put options to capitalize on downward price movements. If you are unfamiliar with options trading, comment "option guide" below, and I will provide a free class on the basics of options.
This video aims to deepen your understanding of trend analysis, helping you develop more effective trade plans and improve risk management.
Friday Sep 20, 2024
$500 in 44 Seconds: A Closer Look into this Day Trade
Friday Sep 20, 2024
Friday Sep 20, 2024
In this video, I demonstrate a real-time trading scenario where I successfully generated $500 in just 44 seconds. I utilize technical analysis tools, specifically candlestick charts, to identify trading opportunities. The foundation of my strategy involves multiple time frame analysis, examining both one-minute and two-minute candlestick charts to pinpoint areas of resistance. I explain the significance of resistance levels in trading, particularly in the context of options trading, where I focus on buying put options to capitalize on price declines. Throughout the video, I emphasize the importance of building a trading edge through disciplined analysis rather than relying on chance. Additionally, I provide insights into the practical aspects of executing trades, including the use of trading platforms like Webull and the capital requirements for participating in such trades. This comprehensive approach aims to equip viewers with the knowledge and strategies necessary to enhance their trading performance.
Wednesday Sep 18, 2024
Day Trading 101: “Wiggle Room” Explained
Wednesday Sep 18, 2024
Wednesday Sep 18, 2024
In this video, I explain the concept of wiggle room in day trading and how it can significantly impact our trading performance. I discuss the importance of giving the price enough space to fluctuate around key levels in our trade plans, emphasizing that being too tight with stop losses can lead to unnecessary losses. By understanding and applying wiggle room, we can avoid being stopped out prematurely and improve our overall trading results. I also share a real-life example where I made $500 in under 30 seconds by effectively utilizing wiggle room. Join me as we explore how to implement this strategy to manage risk more effectively.
Monday Sep 16, 2024
How to See Weakness in a Stock (Day Trader Tips)
Monday Sep 16, 2024
Monday Sep 16, 2024
In this video, I explain how to identify weakness in a stock using candlestick charts, focusing on the significance of long upper shadows. We begin with a technical overview of candlestick components—bodies, upper and lower shadows—and how they represent price movements within a specific time frame. I illustrate how a long upper shadow indicates that although prices reached a high point, they did not sustain, signaling potential weakness. By recognizing this pattern, I demonstrate through a real trade example how I made $500 in five seconds using options trading. We explore how this method applies not only to stocks but also to options, futures, and cryptocurrencies. Understanding this concept can enhance your trading strategies and decision-making processes.
Friday Sep 13, 2024
How Much Can THIS Side Hustle Make You in 1 Week?
Friday Sep 13, 2024
Friday Sep 13, 2024
In this video, I discuss the concept of online day trading as a potential side hustle to generate additional streams of income. While I emphasize that day trading may not be for everyone, I provide insights into my own trading results and the time commitment involved. I explain how it's possible to achieve meaningful results in as little as one hour per day, with an example of earning $500 in just 18 seconds. However, I also stress the importance of hard work, strategy development, and realistic expectations, as this is not a "get rich quick" method. I demonstrate a live trade and offer a resource to help you build a strong foundation in trading, particularly focusing on day trading options. My goal is to provide the information needed to help you decide whether this side hustle is right for you.