The Truth About Full Time Trading

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  • Опубликовано: 15 окт 2024
  • The truth about full time day trading. Is it worth it?
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    about: this video talks about the pros and cons of becoming a full time day trader in the forex markets. The freedom trading gives, alongside other businesses you can create with all of this new free time.

Комментарии • 130

  • @TheMackGray_
    @TheMackGray_  6 месяцев назад

    IF YOU WANNA JOIN THE RM FAM $150 OFF ENDS tmrw. checkout the website for more information www.rmtradinggroup.com/

  • @mrask803
    @mrask803 6 месяцев назад +111

    Trading is the best decision in my life... for the first time I am too proud of myself because I fought to the end and did not give up, and I went through many phases in 4 years... and am funded at 25k account, I had two payments, bought 200 k challange, yesterday also became funded, made today 2 %....life is good

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +3

      Let’s go brother

    • @rolandpierrelouis4013
      @rolandpierrelouis4013 6 месяцев назад +2

      how long did it take you bro ?

    • @Drazic252
      @Drazic252 6 месяцев назад

      @@rolandpierrelouis4013for what ? Learning journey 3.5-4 y , to get funded 10-14 days

    • @rtyson02
      @rtyson02 6 месяцев назад +2

      good shit mate. that's what we want to hear. well done. I'm 3 years in, ICT last 12 months, 25k challenge underway and slowly grinding up to the profit target. once passed it will be 200k account challenge with multiple firms. 2% a month would be golden

    • @ShanKhan
      @ShanKhan 6 месяцев назад +1

      well done brother more power to you

  • @tomgray256
    @tomgray256 6 месяцев назад +38

    Quiting my full time job to do full time trading was a difficult decision…,,, Now I’m a 7 figure a year trader…. Thanks for all your help along the way Mack🙏🙏🙏

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +3

      wow thats awesome!

    • @nnconfomiststoic888
      @nnconfomiststoic888 6 месяцев назад +1

      That's impressive mate! I wanna do the same

    • @Dashierdx
      @Dashierdx 6 месяцев назад

      I'm just starting this journey now, just quit my job 2 months ago, what a tough start

    • @NHill-dg8ch
      @NHill-dg8ch Месяц назад

      ❤🎉🎉🎉

  • @mustafabaris9681
    @mustafabaris9681 6 месяцев назад +30

    I have been trading for more than 10 years , and trading is the only thing that I have done and I will ever do ..Here is what I learnt in my 10 years of experience : If you want to reduce the stress in your trading, REDUCE your position size significantly and learn how to avoid over-trading.. Now, I make a very good income , travel the world and work only 4 hours a day..After I am done, I have the rest of the day for myself , the best feeling ever..!

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +4

      thank you so much for sharing this! thats a lovely life

    • @nnconfomiststoic888
      @nnconfomiststoic888 6 месяцев назад +2

      Exactly that's what i want

    • @mgomez34
      @mgomez34 6 месяцев назад

      Supercool, I hope to trade my way into something like this in the future.

  • @nopparuchmentaganuwong6000
    @nopparuchmentaganuwong6000 6 месяцев назад +4

    I've thought to myself so many times that I wanted to quit, but whenever I listened to your videos, they always make me feel that I've come too far not to just give up. Even now I'm not profitable trader yet, but I'll never quit. Thank you so much for all the advice and encouragement.

    • @lycheeprincess5203
      @lycheeprincess5203 3 месяца назад

      You must convince yourself unselfishly that trading is something you love doing. Otherwise , it ain’t gonna work. Goodluck

  • @PilotoBrabo
    @PilotoBrabo 6 месяцев назад +1

    Totally relates to me, Mack! Thank you for sharing!

  • @enigima18
    @enigima18 5 месяцев назад +2

    Thanks so much for the video it really helped

  • @renni4415
    @renni4415 6 месяцев назад +2

    Amazing sit down Mack!! My end goal is becoming a full time trader so this raw talk was super helpful in the realities of it and thinking of next steps! I was just watching another podcast that was talking about fx and she was saying that trading allows you to ask yourself what do I want do without thinking about money because your basically good. So this helped connect the dots for me for what time freedom trading allows!!!

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +1

      Glad it was helpful!❤️🙏🏻

  • @DannyRobinson92
    @DannyRobinson92 6 месяцев назад +8

    Hoping this is my year to get consistent

  • @enigima18
    @enigima18 5 месяцев назад +2

    Both psychological wise I'm grateful and hope one day the late night will pay off

  • @kenasssss
    @kenasssss 6 месяцев назад +2

    The timing of this video... is literally perfect - it's me right now. 😳 I'll see it as divine sign, because wtheck, too accurate. Thank you so much for this video, I'm so grateful right now. This should be an obvious information, but some of us just need that little push. Thank you, Mentor.

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +1

      Gods plan. Thank you 🙏🏻❤️ keep going

  • @victoroba437
    @victoroba437 6 месяцев назад +2

    Always dishing out value. Thanks.

  • @JoshuaNseJohn
    @JoshuaNseJohn 6 месяцев назад +1

    Good to see you sir, it’s been awhile, missed you on X too 😢

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      you been watching my videos? I havent gone anywhere bro!

  • @DannyRobinson92
    @DannyRobinson92 6 месяцев назад +2

    Appreciate this video man much love

  • @traderxkira
    @traderxkira 6 месяцев назад +1

    Nice vid, definitely puts the lifestyle into perspective without showing all the flashy, click bait type stuff. #realtalk
    Found you through Ara....💯

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      Glad you enjoyed it! Thanks brother

  • @AraKerbabian
    @AraKerbabian 6 месяцев назад +2

    What a beauty 🙌🏼

  • @simonz5337
    @simonz5337 6 месяцев назад +2

    Another great video brother🔥 My dream life trading and training haha maybe one day🙏

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      My boy thank you ❤️🙏🏻

  • @granthaas1498
    @granthaas1498 6 месяцев назад +1

    Thank you for highlighting such an important factor Mack. This exact thought went through my head the other day. Like the old saying goes "Do not put all your eggs in one basket."
    Multiple streams of income is necessary and smart

  • @Chrislokes
    @Chrislokes 3 месяца назад +1

    Why didn’t you choose other business ventures before trading? For example - low capital businesses: marketing agency, ecommerce, etc)

    • @TheMackGray_
      @TheMackGray_  3 месяца назад +1

      It’s what I was introduced to brother

  • @georgekoutsoulianos2777
    @georgekoutsoulianos2777 6 месяцев назад +1

    Good points fammo! Also road to 50k coming soon!!

  • @Aboard_and_Abroad
    @Aboard_and_Abroad 6 месяцев назад +2

    props on getting the painting hung on the wall

  • @risingSilence
    @risingSilence 6 месяцев назад +1

    Great insight bro.. As always super valuable content

  • @NuoriHector
    @NuoriHector 6 месяцев назад +1

    Great video!

  • @ugochukwuchikwendu6066
    @ugochukwuchikwendu6066 6 месяцев назад +1

    thanks for this video . seriously 👍

  • @Overwatch9
    @Overwatch9 6 месяцев назад +1

    Thank god I realized this going into it from the jump. Trading is pretty lame tbh, but exciting at the same time. I have a billion ideas, working on some of them already, while also running a small business and trying to perfect my day trading. Thanks for your insight.

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +1

      no problem man! keep me posted on the growth

  • @josephsaeteurn9158
    @josephsaeteurn9158 6 месяцев назад +1

    omg time is the best thing.. many dont even have time.. commuter headaches.. wake up at 5:30 and dont get home until 6pm.. whole day is gone.. i wish i have time to do nothing....

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      Been there bro. so damn exhausting

  • @rabieasim9069
    @rabieasim9069 6 месяцев назад +1

    love this one alot man

  • @anthonypietrobono6178
    @anthonypietrobono6178 6 месяцев назад +2

    1000% extremely stressful when its your sole source of income. Definitely impacted my trading when i needed the money

  • @Davoodsmc
    @Davoodsmc 6 месяцев назад +1

    Thanks for another great sit down video. Just a quick question, would you mind guiding me to know what other businesses we can work on and if you know any legitimate people that I can watch on RUclips or IG that helps people with businesses ideas please 🙏.

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +2

      hormozi is solid bro, I listen to all his stuff.

    • @Davoodsmc
      @Davoodsmc 6 месяцев назад

      @@TheMackGray_ Thanks for your response Mack. Do I buy his course or just watch his youtube bro?

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +1

      @@Davoodsmc I don’t think he has a course man. Just free RUclips content

  • @harjeetsingh3854
    @harjeetsingh3854 6 месяцев назад +2

    yeah trading is hell hard after putting hell lot of hours and taking 8-9 trades losses after losses it's a mental battle

  • @ying1296
    @ying1296 6 месяцев назад +2

    is it possible to day trade partially full time if we're still working on our original full time 9-5? assuming that it's not very stressful on most days and it's fully remote work

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +1

      it is but id suggest swing trading, that way you dont miss any trades during the day while you are at your 9-5

    • @ying1296
      @ying1296 6 месяцев назад

      @@TheMackGray_ thank you for sharing!

  • @REALRMTRADING
    @REALRMTRADING 6 месяцев назад +2

    Let’s go!!!

  • @theonlygamal
    @theonlygamal 6 месяцев назад

    "Finish what you started, you only lose when you die" this is my own quote i came up with. Don't give up guys keep going, keep suffering, keep crying because I'm sure at the end of all this you will be fuckin' proud of yourself

  • @safewaycart
    @safewaycart 6 месяцев назад +1

    Hello, is it possible not only to have your trading down but at the same time focusing on trading only? In a sense you are saying that doing trading full time and trading only is detrimental and not advisable too. This because of the stress level and mental energy consumption. In theory the more you do trading, the more you are free from distraction, the more you have focus opportunities the more you get skilled. You say: if you go trading only the lower the probability of becoming a skilled trader. I am not sure. What I know is that doing trading full time is so difficolt that being able to make money consistently is almost impossible. Ok, I know what you are saying:

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +1

      of course its possible brother but to maximize your earning potential use that time to build other avenues to take pressure off trading. efficiency brother >

  • @sancheezyfilms6134
    @sancheezyfilms6134 6 месяцев назад +1

    What’s the best trading method if I work full time as a (union electrician) 6:30am-3pm

  • @divyv20
    @divyv20 6 месяцев назад +1

    Hey Mack , really nice video ! I was wondering if I could help you with Best Quality Editing in your videos better than your Editor with good pricing and also make a highly engaging Thumbnail which will help your videos to reach to a wider audience ? Pls let me know what do you think ?

  • @DanielAnderson-t6f
    @DanielAnderson-t6f 6 месяцев назад +1

    Hello bro, I hope when you see this this comment to reply to me, you are a trader and I have no doubt that you know about binary options trading, I want to ask you if the platforms of this activities do any manipulation in the candles it self, I mean to manipulated for your guarantee lose, and thank you for your videos it really helpful ❤

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад +1

      hey brother I dont know much about what you are talking about. I dont trade that

  • @juliawilson2700
    @juliawilson2700 6 месяцев назад +1

    So good 🔥

  • @josephsaeteurn9158
    @josephsaeteurn9158 6 месяцев назад +2

    im currently working to have that 6months worth of savings.. AND 100k portfolio to trade.. if not, im not ready to quit my job..

  • @ynwa3573
    @ynwa3573 6 месяцев назад

    Hi! From Toronto here. Great to see a youtuber and trader who is also based in Canada, it looks to me you’re from Ontario also if I am not wrong. I am not yet full time in my trading, but once I got Full Time, I can’t imagine the TAX 💸💸💸💸😭

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      hahah its why I opened up a corporate trading account recently. way less tax

    • @ynwa3573
      @ynwa3573 6 месяцев назад

      Cheers! Thanks for the the advice. Hopefully u are ok or unaffected by today shocking yet not so shocking news.

  • @achilles3540
    @achilles3540 4 месяца назад

    Ok but did you become full time trader with no other streams of income before creating new streams

  • @skylertrades
    @skylertrades 6 месяцев назад +1

    This is my straggle right now. idk what i should to do after trading. i have lot of time.

  • @mariaelenamedinabetancourt3759
    @mariaelenamedinabetancourt3759 6 месяцев назад +1

    What prop firms would you recommend for us traders?

  • @matteoslaviero1896
    @matteoslaviero1896 6 месяцев назад +1

    What if im working to get funded as we speak. I have enough savings for a long time. And yes I could start my side passion but I want the credibility of a funded trader making payouts before I begin to market mysekf the way I want. Is that ok to hold it off untill I get funded?

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      focus on that first then brother

  • @musikmakerfan
    @musikmakerfan 6 месяцев назад +1

    I've been on and off full time trading as ive gained and lost funding. The free time is tortuous at times

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      Yeah I literally needed other stuff to build man 😂

  • @purrpjuszkiewicz6451
    @purrpjuszkiewicz6451 6 месяцев назад +1

    the truth with having "extra Freetime" you can´t imrpove on the Swing-Trading Approach / Day-Trading Approach. what´s gonna make you somehow an bad Trader. but while you taking an new Business , it´s gonna bring you in an Pressure-Cycle , while you creating an new Business & doing all your Trading consistently.
    that´s an Cycle.
    even you do it to succeed on this craft , & even if gives you money.
    you gotta do somehow more , with the Income-Streams.

  • @brownielsd6082
    @brownielsd6082 6 месяцев назад +2

    3 years of trading and learning, still lossing money.

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      I had a buddy that didnt find consistency still year 5 brother and is now 7 figures funded.

    • @chrisj1909
      @chrisj1909 6 месяцев назад

      That’s nice to hear I can’t lie 😆

  • @OfficialKINGQUE
    @OfficialKINGQUE 6 месяцев назад +1

    Are you in America ?

  • @yoshimutsu
    @yoshimutsu 6 месяцев назад +1

    How often do you take breaks?

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      from trading?

    • @yoshimutsu
      @yoshimutsu 6 месяцев назад

      @@TheMackGray_ Yes, how often do you take breaks from trading. For some reason it's hard to let go of the charts when it is important to take breaks. Just like working out...

  • @freeupminds
    @freeupminds 6 месяцев назад

    Socially not stimulating

  • @MannyMatel
    @MannyMatel 4 месяца назад

    Lmfaoooo that is the only rzn I wanna trade. To have free time to play volleyball the rest of the time and fucking travel and enjoy this life. Like how could someone not find what to do with this free time it’s crazy

  • @pominville729
    @pominville729 6 месяцев назад +1

    real

  • @ThomasThomas-v6g
    @ThomasThomas-v6g 6 месяцев назад

    Trading is boring?????? 🤣🤣🤣 You spoiled kids. Do you all complain about every little paper cut????? Waking up 7 days a week to go to a real job in the coal mine is boring.

  • @Talkless142
    @Talkless142 6 месяцев назад +1

    I am thinking of doing e- com with my spare time

  • @carlooo00s
    @carlooo00s 6 месяцев назад +1

    trying to get funded on topstep in profit for the month but im risking a bit small for 50k , $100 a trade is going to take forever especially if I only take certain type of trades

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      Def could take awhile brother. Obviously if you bump risk up it would take less winners but that would have to be something you asses 🤘🏻

  • @juicybossfights
    @juicybossfights 6 месяцев назад +4

    The multiple income stream is only available because trading was successful first. So full-time trading is still the dream. I'll make a new dream if i get there.

    • @TheMackGray_
      @TheMackGray_  6 месяцев назад

      Facts bro. Hope you enjoyed 🙏🏻