Episodes
Friday Sep 22, 2023
Friday Sep 22, 2023
Ever looked at $25 and thought it was too insignificant in the world of trading? Think again! In this video, I break down a day trading strategy focused on the 'magic' $25 mark and show you how it can be a game changer, especially for beginners or those struggling with trading. You won't believe the potential monthly gains this approach can bring you, for anyone “normal”, they’re amounts that would make a big difference! Plus, I'll walk you through a real trade to demonstrate its feasibility and to step outside of the world of theory. If you're looking to build something solid in your trading journey and develop an approach that will keep you grounded in the expectations of reality, this video is for you!
Wednesday Sep 20, 2023
This AMC Ape Says the Quiet Part Out Loud…Whoops!
Wednesday Sep 20, 2023
Wednesday Sep 20, 2023
The danger of echo chambers. This is the key learning lesson I want to address in this video as I use the AMC Apes as the cast study. The main downside of echo chambers is their ability to remove your ability to think logically and clearly. As you will see, this AMC Ape I had an interaction with says the quiet part out loud, yet, most AMC Apes would never notice because of their position in the echo chamber. For those of us on the outside of the chamber, we will all notice a key admission this AMC Ape makes which perfectly points out a key cause of AMC’s stock troubles. I want to be very clear, I am not claiming that shorts do not exist on AMC. They do! Shorts are involved in every stock including AAPL, MSFT and many others. But, there is another very anti-climatic explanation for AMC’s struggles that is openly admitted to (accidentally) by an AMC Ape. If you’re stuck in an echo chamber, you may miss it… and that’s the point! Step out of the echo chambers to ensure you are giving yourself a full 360 degree view of the situation!
Monday Sep 18, 2023
Do This or Fail as a Day Trader (guaranteed)
Monday Sep 18, 2023
Monday Sep 18, 2023
This may seem like a bold and arrogant claim on my part, but it’s the truth. How much of a truth is it? So much so that I will make a guarantee! In the world of financial investments and such, “guarantees” is a sketchy territory that must be treaded with care. This is how certain I am in making this guarantee. You need to do what I talk about in this video, or you will fail as a day trader. Will this failure happen immediately? It could, but it could also occur after you have built up a (false) hope of security thinking you’ve built a valid day trading strategy. If you refuse to develop the skill set I talk about her and implement into your strategy, you are giving yourself a ticking time bomb that could explode at any point. For those of you who appreciate real life examples and not just “examples in theory”, no worries, I’ll be showing you two separate trades of mine that illustrate this very skill that is a requirement! Let’s get to it!
Friday Sep 15, 2023
2 Red Flags for Beginner Day Traders
Friday Sep 15, 2023
Friday Sep 15, 2023
One of the easiest ways to put yourself in a position for trading success is to avoid red flags. I realize I state the obvious when I say that. I also understand this is a very overly simplistic statement given the fact that, as beginners, you have no idea what a red flag may be, therefore, how could it be avoided? A totally valid point! Thanks to a recent interaction on a YouTube video, it sparked two glaring issues that point out red flags for beginners. I hope these seem obvious to you, but they’re not obvious to lots of people. When you’re brand new, part of being new is not knowing what you don’t know. If you are finding yourself agreeing with the person I interact with, or find yourself within the same though process… STOP and make some changes!
Wednesday Sep 13, 2023
Should You Pay for Trading Charts? (or use free…)
Wednesday Sep 13, 2023
Wednesday Sep 13, 2023
When you step into the world of trading online, there are many tools you will need in order to build and execute your strategy. Like any career field, these tools come in a variety of shapes and size. This includes tools that are free and others that you need to pay for. Assuming you are (or want to be) a technical day trader, you will need a tool to provide you with your technical trading charts. Because technical charts are popular within the trading world, there are a huge amount of choices. This is great because you have lots of choices, but it’s also bad in the sense of all these choices creating a feeling of being overwhelmed. Should you pay for your trading charts? This is the consideration I want to address and walk you through a real life example that I believe helps clarify this question.
Monday Sep 11, 2023
Question for AMC Apes… (seriously!)
Monday Sep 11, 2023
Monday Sep 11, 2023
Are you someone who still believes in AMC stock? Would you say you consider yourself an AMC ape? This video is intended for you as I have a, serious, question for you. There have been some new developments over the past couple of weeks sending AMC stock down to all time lows and I had a question for you. As you will see, in a previous AMC video, I was told I’m clueless and don’t understand what is going on. While I concede that is possible, I also wanted to ask you a question to see if I can help clarify my position better. Hopefully we can find some common ground? Or who knows, maybe I’m just being totally irrational and have put very little logic into my thought process. So please, give this video a watch and interact with me down in the comment section!
Wednesday Sep 06, 2023
Monday Sep 04, 2023
I Made 207 Day Trades (and had a train wreck) - My Results
Monday Sep 04, 2023
Monday Sep 04, 2023
My day trading data collecting has continued and now I’m to the point where I’m over 200 trades of what I call the Sniper Shot Strategy. At some point you need to draw the line and declare “this is enough data” for whatever strategy and system you are working on, and that’s what I’m doing. While I’m not here to proclaim I have found a golden goose holy grail day trading system, I do want to share with you the data I’ve collected. Unfortunately though, there was a train wreck that occurred near the end of the data collection. It was actually very disheartening! Finally, I want to once again address the notion that “day trading is a coin flip and total gambling”. This is a topic I’ve covered a million times, but it’s one that can not be addressed enough because it’s a constant false narrative you see. Let’s jump into the data and see what we can learn about The Sniper Shot Strategy.
Friday Sep 01, 2023
The Math of “Hold and Hope” (Day Trader 101)
Friday Sep 01, 2023
Friday Sep 01, 2023
It’s only a matter of time before you, as a day trader, will experience a key moment within your trading where a key question will be asked. What is this question? Do I hold and hope or do I sell and accept the loss? As a beginner day trader I remember always choosing the answer, “I’m going to hold and hope the price comes back up!”. Unfortunately as traders we can’t always be right, so this question is guaranteed to give us a visit. In this video I want to do a bit of a deeper dive into some basic math that hides in plain sight. When you consider the math, you will quickly realize how dangerous it is to choose to “hold and hope”. In fact, I would go as far as saying it becomes totally nonsensical to hold and hope when you become aware of this math. The key to day trading success is following the data (cough cough, math!) and when you have basic math that is screaming at you to not make certain choices, I contend it would be smart to listen to that math. Let me show you how nasty this math is and how it completely turns the trade against you!
Wednesday Aug 30, 2023
Net Worth is Overrated
Wednesday Aug 30, 2023
Wednesday Aug 30, 2023
One of the most popular statistics in the world of personal finance is net worth. In my opinion, this is also one of the most overrated statistics! While I’m not saying it contains zero value, I believe there are other personal finance statistics that we should be focused on. When you look beyond the net worth numbers and focus on other goals, you are setting yourself up for what I believe to be true financial freedom. Let me show you why focusing on net worth is overrated and how focusing on an alternative can open up the doors of freedom!