Episodes
Wednesday Jul 05, 2023
Monday Jul 03, 2023
What is Hedging? (Stock Market 101)
Monday Jul 03, 2023
Monday Jul 03, 2023
So, what exactly is hedging when it comes to the world of stock market trading and investing? This is what we’ll be talking about in this stock market 101 video. Hedging is one of those strategies within the stock market that can be as simple or complicated as you choose to make it. Perhaps you’ve heard of hedge funds before? Those are a group of people that make “hedging” quite complicated. Other people, decide to take a much more simplistic approach to this strategy. Is one strategy better than the other? Perhaps. With that being said, much of how you hedge is going to depend on your personal strategies and risk tolerance levels. The core concept is very easy to understand as it essentially relies on only two words. From there you can get as complicated and advanced as you want. This topic is one that illustrates just why the markets can be so challenging and fun. You can talk to ten different investors about hedging and get ten different theories and approaches about it. This goes to show how there is no one size fits all approach. Everyone has their opinions and approaches to the market! We first just need to understand the basic idea of hedging and that’s what we’ll do here in this video.
Friday Jun 30, 2023
Is Online Day Trading “Pure Gambling”? (my results)
Friday Jun 30, 2023
Friday Jun 30, 2023
I’ve been told a couple times recently that online day trading is “pure gambling” so I want to address the topic, again. For those of you new to my channel, I have a playlist where I show myself making online day trades live. This has prompted a few individuals to make the claim all I am doing is “pure gambling”. Is this actually the case? Well, let’s look at some data of my results of more than 60 trades! If day trading is pure gambling and essentially a coin flip, then we’d be looking at 50% right, and 50% wrong. Is this what my results are showing? I understand how this conception of us day traders being gamblers is created; however, is there any truth to it? Let’s take a look at my recent data as I’ve moved into trading a new product, SPX options. I’ll let you decide after seeing the data whether a claim can be made that I am purely gambling.
Wednesday Jun 28, 2023
Blaming (wrongly) a Bad Trading Strategy on Greed
Wednesday Jun 28, 2023
Wednesday Jun 28, 2023
Why is day trading so hard? Let’s take a look at one of the several reasons. In order to find success as a day trader, you need to have a valid strategy. I understand I state the obvious when I say that; however, building a valid strategy is extremely difficult. If you are a beginner day trader who is just getting started, strategy building becomes that much more difficult. When you’re new and don’t know what you don’t know, part of that is not even knowing what the “actual” problem is within a strategy. As you’ll see in this video, I take a real life example of a beginner trader blaming greed for their issues when greed is not the actual issue. The comical irony here is he was actually being a disciplined trader, but, he blamed greed! How is this possible? Let’s take a look at a case study of why it’s important to know what to blame when you’re having problems.
Friday Jun 23, 2023
$100 in 17 Seconds? A Day Trader Mind Trick
Friday Jun 23, 2023
Friday Jun 23, 2023
Day trading is filled with a variety of mental challenges. Unfortunately, paper trading (simulator/demo trading) can not perfectly create the psychology challenges we all face when our hard earned, real, money is on the line. In other words, there are all kinds of mind tricks we need to be on guard against. With that being said, there are also mind tricks we can use on ourselves for our own benefit. In this day and age of social media and YouTube, it is very hard to lose your grasp on reality. You can quickly become detached from reality which creates a host of problems within your personal day trading results. The question becomes, are there any ways in which we can keep ourselves anchored in reality? Yes, there is! This is the mind trick I want to share with you in the video. When you look at your day trading results through the lens I present, you’ll quickly see how powerful (and crazy!) your results actually are. Let me show you what I mean!
Wednesday Jun 21, 2023
What “Humble” Day Trading Looks Like
Wednesday Jun 21, 2023
Wednesday Jun 21, 2023
As online day traders, one of the skills you must develop is being humble. That’s nothing new. I’m sure you’ve already heard this or some kind of variation of it. But stop and think for a moment. What does “humble” even mean? I’ll admit. Before doing this video I didn’t actually know, so I needed to look up the definition of the word. This opened my eyes to just how important being humble is (and WHY it is oh so difficult to be humble). I wanted to walk you through a couple of live trades that I captured on video that illustrate what humble day trading looks like. I understand the irony in me pointing out how humble I was in my trades, but give me a chance! If you can’t be humble in your trading, you’re going to have a very difficult time when it comes to bigger picture success. Let’s take a look at what humble day trading looks like.
Friday Jun 16, 2023
Trading Forex for Beginners: The Very Basics [Class 1]
Friday Jun 16, 2023
Friday Jun 16, 2023
Watch the whole course: HERE
Welcome to Trading Forex for Beginners, Class 1 of my free online course! My end goal with this Forex training course is to assist you in saying “good-bye!” to the feeling of being overwhelmed. If you have no understanding of the Forex market, or just know a little bit, then perfect! This training course was designed for you. After you have completed the ten training videos, you will be able to explain the forex market to your family, friends and whoever else will listen. Even if you never end up becoming a Forex trader, this course will prepare you for many other financial markets as the dynamics are very similar.
Wednesday Jun 14, 2023
Trading Strategy Building: 1 Question to Ask
Wednesday Jun 14, 2023
Wednesday Jun 14, 2023
Looking to build a trading strategy? Whether you are wanting to day trade or swing trade, having an actual strategy is a vital component for long term success. When you’re a beginner and just getting started in the world of online trading, building a strategy can seem like an overwhelming task. Don’t get me wrong, it’s not easy and certainly does not happen overnight; however, it’s not nearly as difficult as some people make it out to be. There is one question that, if you ask it to yourself, you will be putting yourself in the exact spot you need to be. This question will force you to focus on what matters most within building a strategy. When you know what to focus on, you’ll know where you spend your time and energy. The good news is, this is a very simple question to ask yourself, yet its impacts are immense! Let’s get to it!
Friday Jun 09, 2023
Monday Jun 05, 2023
How to Fight Inflation (in a low risk way)
Monday Jun 05, 2023
Monday Jun 05, 2023
We’re all well aware of how inflation has been making our lives more expensive. I’m assuming if you watch my videos you care about your personal finances and are trying to make the best decisions possible. For someone in your mindset, I’m assuming you have been trying your best to fight back against inflation in whatever ways you can. I want to show you an easy way to fight back that carries with it a very low amount of risk. I know, I know! Usually when people say “easy” in the same sentence as “low risk”, you want to run the other way and scream “SCAMMER!”. In fact, you are wise to do so! With that being said, the strategy I talk about in this video is very anti-climatic. Who knows.. maybe you are already doing this strategy within your personal finances? If you are not however, then you need to get this ball rolling! It’s not a total fix, but it does put you in a much better fighting position against inflation than what you may be doing now. Let me explain!