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5 Tips For Beginner Day Traders

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  • Опубликовано: 12 авг 2024
  • Dear beginner day traders, here are five tips that may help you. If you have any questions leave them in the comments below!
    Timecodes
    0:00 - Intro
    0:11 - Tip #1 Learn before you earn
    1:35 - Tip #2 Survive so you can thrive
    2:33 - Tip #3 Make mistakes then eliminate
    3:20 - Tip #4 Trade the style that makes you smile
    4:23 - Tip #5 Practice consistency or be history
    5:21 - Summary
    You can also connect with me on:
    Instagram: @jamesrichyoung
    Disclaimer: All information presented in this video and channel is for educational purposes only. Nothing is intended to be financial advice.

Комментарии • 41

  • @svradenburg
    @svradenburg 5 месяцев назад

    Really enjoying your authenticity and your material. Today was my first day of my own personal day trading experiment. I’ve been swing trading for years and day trading is completely different. Thanks for the video. These tips are spot on!

  • @Vizurraga
    @Vizurraga Год назад

    Thank you James. So glad I came across your tube channel. I hope to be proficient as you. I barely starting but my goal , as you mentioned in the youtube, is to learn before earning and to also learn and understand the market - I have my work cut out for me. But I want to do it and learn how to survive so I can thrive. All the best. ☺

  • @LeFutures
    @LeFutures 2 года назад +4

    My man! Always look forward to your videos. Appreciate the content!

  • @paulvincentsuarez-yg1cu
    @paulvincentsuarez-yg1cu Год назад

    Thank you man. Trading is really all about the human psychology. In order to get better trades we need to control out emotions so we can avoid trading with greed. It is also not just about controlling your emotions, but also learning through your trades. No trader started with a 80% success rate all through out. The way that they reached that success is through the failures they passed through. And those failures made them who they are today. Keep posting brother. I like your videos. It's really helping us new traders here.

  • @epejoro1
    @epejoro1 2 года назад +1

    Respect! Thank you, James!

  • @Tang5486
    @Tang5486 2 года назад +1

    Stumbled upon your video, thanks a ton for your videos. Learned and appreciate them a lot.

  • @tyronecastillo16
    @tyronecastillo16 Год назад

    Respect to you for the amazing info you publish. Would you mind sharing a template of the journal? Or list what info you make sure you put down in your journals to help you trade better?

  • @chitoa2777
    @chitoa2777 2 года назад +1

    Learned something new from this vid. Thanks for sharing James!

  • @markbancud8001
    @markbancud8001 Год назад

    thank you for your videos!

  • @ohyoureblue
    @ohyoureblue Год назад +1

    this is really good advice

  • @soundoffreedom1989
    @soundoffreedom1989 2 года назад +1

    Good information for a beginner, have you herd of Live Traders? Jared is a scalper as well and also likes to trade gaps, has some good content on RUclips, been watching his videos for a little over 2 years now .. keep up the good videos..! 🤙🏽

    • @jamesrichyoung
      @jamesrichyoung  2 года назад

      Thanks Sound of freedom! No I have not heard of them but I’ll check it out

  • @djroddking
    @djroddking 2 года назад +2

    I’m a newbie on this trading world and I’m trying to learn as much, found your channel and I’ve learned a lot. I wanted to ask you, what are your thoughts on binary trading?

    • @jamesrichyoung
      @jamesrichyoung  2 года назад

      Hey Mr.Rod! Glad to hear my videos are somewhat helpful. I'm not familiar with binary trading so I don't have anything to say about it.

  • @crazyhead1588
    @crazyhead1588 Год назад

    Bruh I came across your channel and this is sick

  • @Josh-uf7ws
    @Josh-uf7ws Год назад

    That bit about it's like paying tuition only if you're learning something, otherwise it's a donation is so true. lol

  • @ganesanr7335
    @ganesanr7335 Год назад +2

    Hello James. Great video and information. Are you doing option trading or only share trading . Please post option videos if you have one

    • @jamesrichyoung
      @jamesrichyoung  Год назад

      Hey Ganesan I have traded options before but strictly stocks now.

    • @ganesanr7335
      @ganesanr7335 Год назад

      @@jamesrichyoung thanks a lot for your response. I am loosing lot of money in options and trying to do in stock .I sent you message in IG also

  • @tradingedge6371
    @tradingedge6371 2 года назад +1

    Great channel

  • @mcmc4538
    @mcmc4538 Год назад +2

    I like your trading story Mr. James. Since the gentleman that you learned from does not teach any more, do you have any recommendations on a quality trading course? Thank you sir be well

  • @manmohanmalhotra5339
    @manmohanmalhotra5339 Год назад

    🙏

  • @gapkilla3416
    @gapkilla3416 2 года назад +1

    Just showing my support - Terah Mills

  • @sarkispoyrazian4245
    @sarkispoyrazian4245 2 года назад +1

    Hello James, I’ve been paper trading for about 6 months now and have been inspired and educated by all your content.. I’d like to go live soon, but can’t seem to feel properly knowledgeable yet. Would you happen to know of a legit mentor who would willing to teach?

    • @jamesrichyoung
      @jamesrichyoung  2 года назад

      Hey sarkis glad to hear my content has been somewhat useful! At this time I don't know anyone that's doing any sort of mentoring on the way I like to trade.

    • @sarkispoyrazian4245
      @sarkispoyrazian4245 2 года назад +1

      @@jamesrichyoung Ok, I understand. Thank you for getting back to me, I appreciate it..

  • @dontreposey4720
    @dontreposey4720 2 года назад +1

    How much money did you start with? I started with $1,300.

    • @jamesrichyoung
      @jamesrichyoung  2 года назад

      Hey Dontre, I started with $30k but only traded with $5k. I just had that much to avoid the pdt rule.

    • @boyb72
      @boyb72 2 года назад +1

      @@jamesrichyoung Do you just trade stocks only or options as well? What would you recommend for me trying to learn trading? Any books or some sort of coarse out there? Thanks

    • @jamesrichyoung
      @jamesrichyoung  2 года назад

      @@boyb72 hey boby, yes I only trade stocks now. I would say the best place to start is a course and a place where you can communicate with the teacher.

  • @Steadywatersinc
    @Steadywatersinc 2 года назад +1

    🤛👍🏼

  • @TheRealRovkstsr5
    @TheRealRovkstsr5 2 года назад +1

    First here