Learn To Trade Stocks and Options

Beginner Day Traders - Run the Other Way!

I remember being a beginner day trader! It was a very confusing time with a huge sense of feeling overwhelmed. Fast forward almost 20 years and all I can say is “wow!”. There are soooo many more resources. There are soooo many more thoughts and opinions being thrown everywhere. If you are a beginner day trader and feeling overwhelmed, I understand! In this video I want to share with you a general rule of thumb that’ll save you a whole lot of time and headache. There is an attitude in the market which will 100% lead you down the wrong pathways if you allow it. In order to illustrate this to you, I will use a comment I received on a YouTube video. This poor beginner day trader is under some false illusions and I don’t want to see this happen to you. The trader will eventually learn the error of his ways; however, that won’t take away from the fact he has been wasting so much of his time (and potentially building bad habits along the way!). As a rule of thumb, if you see the type of attitude I show in this video, run the other way!

A Funeral for this Day Trader’s Account

Let’s all hold a moment of silence for this day trader’s account. The problem with ignorance, arrogance and lack of planning leads to these trader events. I do feel sorry for these traders; however, at the same time, as you’ll see… I tried to warn them! This is a tale of caution for those of you who are disregarding some very primitivize strategy rules. I get it. People are always promoting and chasing the newest and latest theories and strategies. While I’m not saying there is zero value in doing such things, what I am saying is “boring rules that have been around forever” are like that for a reason. I don’t know how much of a beginner day trader you are, so I’m not asking you to trust me in regards to any of this. All I ask is you take what I say and bring it to someone you do trust and ask them, “is this worthwhile advice?”. Let’s get this day trader account funeral started…

Are You Teachable? (Learning How to Trade)

Learning how to trade is a daunting task. The outcomes of properly day trading and swing trading can certainly be amazing; however, the process of getting to that point is not easy. With this in mind, if you want to give yourself any chance at all of finding success, you better be a teachable person! My question to you is this: are you teachable? If you’re not, then prepare to never find success. I’ve been on YouTube now for over 10 years and I can say with a whole lot of data that some people will never find success trading because they aren’t teachable. As I’ll show you in this video with some of my newest data I’ve acquired. The good news is, if you find yourself finding similarities with the person I show in the video, then you can make a change! Yes, it may take a bit of work on your part to look through the world/life in a different lens, but you can do it. You’re going to need teachers/coaches/mentors in this business, so let’s make sure you are a teachable person!

The Debt Ceiling (here’s the truth)…

The debt ceiling has been in the headlines once again. As is always the case, many different opinions via the politicians and news media. One thing that is certain (and the truth), is regardless of what side of the aisle your politics is on, BOTH SIDES are gaslighting. The debt ceiling is indeed a crisis; however, not in the way you are probably thinking it is. I want us all to be as informed as possible regarding the economy and current evens, so let’s take a look a few quotes that demonstrate what the, actual, crisis is and how the uniformed can be so easily deceptive. 

Many Day Traders Forget About This Simple Trade Management Fact

There are lots of rules and disciplines that must be followed as a day trader. When you enter into a stock or crypto trade, the ability to forget about these rules becomes quite easy to do. Candlesticks are moving all over the place, the Level 2 is flashing and changing colors, and that’s just the start. Because of this, many traders (myself included, even after almost 20 years of trading) forget about a certain fact that is extremely important. In this video I will be using some of my personal day trading stock results that I captured, live, on video to illustrate this “must remember” fact. When you remember it and implement it into your trading, you’ll find yourself in much better positions and be able to “work a trade” more efficiently. There is no Holy Grail in trading, but there are disciplines we can do which makes life a bit easier! Don’t forget about this fact!

Day 2: No One Cares lol… (2 for 1 Challenge)

Well, you can’t fail at something unless you try it. That was the case with this day trading challenge. I’ll explain what I mean, but I think this all worked out for the best, regardless of what angle you look at it! 

Day 1: Storm Clouds Coming? (2 for 1 Challenge)

Day 1 is complete and all I can really say is that storm clouds seem to be on the horizon. It’s only one day and two trades (slight rule broken, as I’ll explain); however, let’s just say at this point I’m not feeling too confident with things going forward. Day trading stocks is hard and when you are looking to get double your risk (2R), it becomes that much more challenging. Come along with me on this journey and let’s see how it continues to go!

The 2 for 1 Day Trading Challenge

I had quite a bit of fun with my previous day trading challenge, so it’s time for a new one! In this challenge I’m putting some of my assumptions about the stock market and day trading to the test. Specifically, is it smarter to “take profits along the way” or sit back and let the position work for you more before you even think of taking any profits. Some of the members in my private community think this isn’t very smart, and to be fair to them, they could very well be right! On the flip side though, that’s what  makes this fun and interesting. Collecting data to see what kind of results I get, from a geeky side of things, is going to be enjoyable! Let’s see how it all plays out! Let me know your thoughts in the comment section!

A True Story of Stock Traders Going Bankrupt (in a single day!)

Due to some, quite dramatic, events within the world of the stock market there are some bankrupt traders and potential brokerages. I want to walk you through a true story which destroyed some who took part in it. Via the insane amount of price movements (in very short amounts of time), you can know with full certainty people’s lives where changed for the better, but also, for the absolute worst. I wanted to walk you through this true story as it offers up a massive warning to everyone thinking of becoming a day trader in the stock market. The markets can make you rich, but they can also absolutely destroy you if you lose sight of what maters most: risk management. The markets don’t care about who you are, your story, your race, your height, or anything else. It is a creature that will wreck your life if you are not careful. I know. I know. I am sounding very dramatic right now, but all I can respond with is to watch the video and see just how crazy the market can be at times!

Investing 101 | Making Others Rich vs Personal Opportunity Cost

Have you ever seen this general attitude, “Don’t do that! Why would you want to make someone else rich!”? While I can’t say I see it all the time, I’m sure depending on who your sphere of influence is, you may hear it more than other people. I’ll answer that question right now…  YES! You should be making other people rich! In fact, I will go as far as saying if you are not making someone else rich, you are a fool! I’ll explain my basic reasoning in the video and then tie it into the world of basic investing 101. Perhaps you already know where I am headed with all of this, but if your blood is boiling because I just called you a fool for not wanting to make someone else rich, then give me a few moments (the video is short) to explain myself! When it comes to building wealth and taking control of our money, you  need to be making someone else rich. While this may sound contradictory, I promise it’s not! Let me explain!