Here's The Real Truth About Day Trading (EYE - OPENING)

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  • Опубликовано: 10 сен 2024

Комментарии • 304

  • @larrydimon7811
    @larrydimon7811 Год назад +251

    No matter, how much you have learned from watching RUclips tutorials and practicing on demos, if you aren’t well experienced you’d still find yourself consistently losing. I believe nothing trumps psychology and industry knowledge!

    • @LiquidityOcelot
      @LiquidityOcelot Год назад +9

      Well said, mate! 👍🏻
      Those are the nuts and bolts of this business…oh u can't forget risk management too!!

    • @mEAngurrrrl
      @mEAngurrrrl Год назад +4

      My trading journey has been a rollercoaster ride, and so far I have my losses outweighing my gains. Tbh, it’s extremely overwhelming!

    • @larrydimon7811
      @larrydimon7811 Год назад +7

      Very relatable. Intending traders don't fully grasp the psychological aspects of placing trades and some of these strategies may take years to develop and apply correctly…I am still wet behind my ears however, I am opportune to have help from a licensed veteran trader. She guides me on how to enter good trades, and following her laid-down patterns guarantees me consistent ROIs without the risk of ruin caused by unforeseen mistakes. This way I’m able to earn while I learn!

    • @GlengoolieBlu
      @GlengoolieBlu Год назад +2

      @@larrydimon7811
      Who do you work with?
      Would you be comfortable sharing some info? Thanks!

    • @larrydimon7811
      @larrydimon7811 Год назад +4

      Christine Marie Mila is my trader.
      Not, only is she reputable, and accredited but she’s as well good at what she does! I’ve had so far ten months of rewarding returns using her methodology!

  • @Dirtybird51077
    @Dirtybird51077 Год назад +98

    Switching strategies was my biggest problem in the beginning. I should’ve just found one strategy that fit my personality and stick with it. But every time I had a losing week I would look for something new instead of trying to master one thing. This set me back years

    • @DayTradingAddict
      @DayTradingAddict  Год назад +14

      i hear you bro..

    • @vitodelorto1796
      @vitodelorto1796 Год назад +20

      It took switching strategies to learn what strategy suited you the best. Tou didn't make a mistake. You grew.

    • @ersenzeqiri97
      @ersenzeqiri97 Год назад +4

      ​@@vitodelorto1796 yeap one strategy and one plan is fire ❤

    • @ShortStuff0000
      @ShortStuff0000 Год назад +7

      Same here man... the worst part is I would switch from Strategy A to Strategy B, then glance back at Strategy A a week later and see I missed a perfect huge move. Holding yourself accountable and controlling your own thoughts and actions is probably the hardest part.

    • @nicker3115
      @nicker3115 Год назад +3

      bro i even dont know any strategy

  • @Jeff_Thomas
    @Jeff_Thomas Год назад +41

    "What?😲...losing money, you better stop doing that!"
    😆😅😂 So true!

  • @beersilvia67
    @beersilvia67 Год назад +278

    Your explanation is realistic and straight to the point. On the other hand there are many ways of manipulating the market, I was able to grasp the knowledge of trading crypto assets early enough, but i was still limited due to my lack of technical understanding of how to analyse the digital market , all that changed when i encountered (Francine Duguay ) strategy. more emphasis should be put into day trading as it Is less affected by the unpredictable nature of the market.

    • @beersilvia67
      @beersilvia67 Год назад

      @FRANCINEDUGUAY

    • @beersilvia67
      @beersilvia67 Год назад

      She IS ON TELEGRAM.S...

    • @KrugNashville
      @KrugNashville Год назад

      After a series of losses in the crypto market, Francine Duguay was a lifesaver. Her expertise, trading ideas, and signal tips have not only helped me recover but also thrive. I wholeheartedly recommend her to anyone looking to succeed in crypto trading.

    • @joshuabryer11
      @joshuabryer11 Год назад

      Francine Duguay's trading ideas are second to none. Her unique approach to the crypto market, coupled with her precise signal tips, have been a game-changer for my portfolio.

  • @jamal573-
    @jamal573- Год назад +22

    My biggest problem was not taking notes once I started doing that thanks to Ben I really started to see a big difference ✊🏾✊🏾✊🏾

  • @germelljohnson
    @germelljohnson Год назад +17

    The strategy thing really hit home. I think at least when I pictured being a day trader, I expected to be in and out of the market a lot in one day. I wouldn't even say I had a strategy. I was just finding reasons to trade. That was so stressful and I knew I didn't want to always be in a trade. So I finally found a good strategy and tweaked it to where I only trade maybe once or twice a day if that. Specific conditions need to be met, and if not, I just don't trade. It's so much more relaxing. First off, I don't need to stare at my charts all day. I can just glance over and see if a set up is happening. If not, I continue doing something else until it does. I haven't made a lot yet because I just got started at the beginning of the year but it's been a steady improvement. Especially since using this strategy.

    • @kiamia517
      @kiamia517 Год назад +1

      you’re already so far ahead if you just started this year and have already figured that out! best of luck

    • @SetareMoradi-fw9ke
      @SetareMoradi-fw9ke 10 месяцев назад

      Did it work?

  • @mssunshine6259
    @mssunshine6259 Год назад +15

    My three favorite channels: Day Trading Addict, Stock Brotha, & Minority Mindset. Make my week complete!

  • @franciskwabenabediako6050
    @franciskwabenabediako6050 Год назад +8

    Thanks for the video. I always tell people that learning how to trade is quite easier but trading in itself is what is soo difficult because there's no one keeping you in check

  • @fvb1369
    @fvb1369 Год назад +7

    Record your screen , talk yourself trough your trades.
    After the day , watch it back note down what you think about what went good build on that also note what went bad and what you can do to prevent the bad from happening. BE PRECISE! The notes HAVE to be factual and specific !
    Happy trading !

    • @DayTradingAddict
      @DayTradingAddict  Год назад +1

      yup..

    • @fvb1369
      @fvb1369 Год назад +2

      For those that need context ( i.e. the "WHY"? ) We humans are pattern recognition machines , our inputs are seeing, hearing and doing and the beauty of watching your own mistakes back is you feel that pain again and if we're Honest with ourselves also the imperfections so we can improve. But don't take my word for it just experience it see for yourself

  • @fftb8442
    @fftb8442 Год назад +9

    💯! Went through all these on my journey! Still learning! Thanks for preaching and keeping everyone informed!

  • @edenabaron-murray9907
    @edenabaron-murray9907 Год назад +12

    Thank you as usual Teacher Ben! I put myself in punishment and felt I was harsh but your suggestion to go on demo is brilliant. I cut myself off for a week. It killed me, I pray I learned my lesson but next time, if there's a next time, ill go in demo for the week. At least I get to monitor the markets and study how they are moving while I'm on punishment. Thank you

  • @exploringfuture
    @exploringfuture Год назад +8

    What makes trading hard is that market condition is different each month too. So event though you may have great trading month in March, you may had tough trading in April. But you have to believe in your system and keep going month after month.

  • @hiskiamalakia4375
    @hiskiamalakia4375 Год назад +3

    #1 forex channel on RUclips!
    Whenever you drop a video, i know it's time to scale up my psycho and skills 💯💥💥

  • @daksenov1985
    @daksenov1985 Год назад +1

    Controlling my emotions had been a challenge to say the least. My broken chair will attest to that

  • @ColinDresser
    @ColinDresser Год назад +11

    Thank you for the encouragement.. On my way to greatness and paying attention to my choices. Thanks 🙏

  • @Idyllic_5
    @Idyllic_5 Год назад +7

    No lies detected! Ben covered all the bases. I have to remind myself everyday my trades are cold. I trade NQ hitting 13 ticks here, 25 ticks there or sometimes 46 plus ticks. Once I build up my account and are able to trade more contracts it will be life changing. I am finally starting to hit my stride. But day trading is by far the most difficult thing I have ever encountered. Nonetheless I am loving this process.

  • @sphinxman90
    @sphinxman90 Год назад +3

    Great Video Ben! "Trading is the hardest way to make easy money!" But once you learn the skill if changes your life!

  • @andrespinza5619
    @andrespinza5619 Год назад +4

    Hey man, despite I don't trade your style I always watch your videos, the amount of off charts facts that we have to know, to learn and to assume is a lot, it it's true and I have to say thanks for those advices because they're more woth than a strategy.
    Let them videos come more

  • @DiaryOfARogueDayTrader
    @DiaryOfARogueDayTrader Год назад +5

    Thanks, Ben. I've experienced pretty much all of this already, so I can give testimony that you are 100% correct here. Keep up the good work!

  • @RuffRyda777
    @RuffRyda777 Год назад +2

    We got this y’all. Ben was in the same position we were in. That should be enough motivation to keep going. Great video, Thank you Ben

  • @kennyespozito6249
    @kennyespozito6249 Год назад +2

    Yo god bless you man. Out here speaking truth and its really helping me man. Everytime i lose faith i see one of your videos and i feel like its the lord tellin me dont give up. Its a weird feeling, BUT god bless you yo

  • @nickgonzalez7114
    @nickgonzalez7114 Год назад +4

    Another amazing video. Honestly, every topic you talked about is something I need to work on. Im still running on demo but once I find what style works for me then I'll go live. Gotta beat the mental game first

  • @dorinhusac9620
    @dorinhusac9620 Год назад +4

    This is the BEST guy in this market!Thanks Ben!!!

  • @expattrade
    @expattrade Год назад +3

    Your videos always give me reason not to quit Ben hope to get to the peak someday bunch of appreciation

  • @rackiiezz
    @rackiiezz Год назад +1

    I just started setting up everything and shi and I gotta say you are so good at teaching and explaining things. Will buy your course next week

  • @riskysway2542
    @riskysway2542 Год назад

    I am 15 years old and i am trying to learn this, but i have no clue where to start

  • @alexanderdelapaz7499
    @alexanderdelapaz7499 Год назад +2

    Please keep pushing these vids bro, they help so much!! Appreciate you
    🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

  • @richie7201
    @richie7201 Год назад +4

    Thank you Ben. This is sage advice that you’ve said in previous videos but needs to heard again and again. 🙏

  • @fasttrackblastback8286
    @fasttrackblastback8286 Год назад

    I been on demo with your help so far I've made 1k in 2 days with a "$10k" account

  • @rayraman3243
    @rayraman3243 Год назад +2

    As always, the advice is top-notch and well-tested. If you've lost money trading before, you'll understand the wisdom. Thank you!

  • @oceanwave4142
    @oceanwave4142 Год назад

    Please speak on the process of finding what instrument to trade, how come you settled on Nasdaq in your experience? I've been seriously studying the markets for about a year and still find no conclusive answer to what is the best instrument to trade if I have to pick just a single one.

  • @kaizzeart6659
    @kaizzeart6659 7 месяцев назад

    my biggest lesson is that you need to trade in a way that fits your mindset and thinking patterns, so that youre not second guessing and making consistent enough trades to profit and making less mistakes

  • @philipchin3589
    @philipchin3589 Год назад

    yes yes yes, thankee Sir , thankee Internet , yes yes yes , i am learning a lot from you , the only thing i like about trading is that i dont have to work with people ,

  • @bunky6282
    @bunky6282 Год назад

    do i need to have a lot of money to get into day trading to make good money

  • @OGC100k
    @OGC100k Год назад +1

    Hey man , thanks for this piece ,SMART CONTENT right there!!!
    But seriously I need that CAP, how we gon do it ??

  • @arttorrez5548
    @arttorrez5548 Год назад +4

    I fire myself every other day. 😅
    My problem is when my account starts getting fat, I go out of play book and do stupid high risk moves like buying into a down trend retrace. I think it's my euphoric ego and greed. Need to work on that.
    👍💖ur content!

    • @sumitmangar8563
      @sumitmangar8563 Год назад

      😂 nxt time try kickin yourself

    • @adriancampbell5897
      @adriancampbell5897 Год назад

      Bruh I have the same problem turned $50 into over 2k and blew it all over trading and taking high risk trade what’s wrong with me 🤦🏽‍♂️

    • @DayTradingAddict
      @DayTradingAddict  Год назад +1

      lol :)

    • @thylacine1004
      @thylacine1004 Год назад +2

      Have two accounts,when one gets fat,move to the other low account and be a greedy bastard there,im a greedy bastard too....

    • @sko1beer
      @sko1beer Год назад

      @@DayTradingAddict think you need to make a video about risk management for this lot 🤣

  • @Ghost19237
    @Ghost19237 Год назад +2

    Glad you mention switching strategy 😂😂😂 something I need to work on

  • @peterpanci78
    @peterpanci78 Год назад

    Its hard to find a strategy?

  • @awwalajo5188
    @awwalajo5188 Год назад +1

    Good day please I want to learn day trading am getting it hard to see a mentorship over here they keep collecting money without any good mentorship please I hope I found a better place here thank you expected to hear from you soon thank.

  • @lookup912
    @lookup912 Год назад +1

    This was great, just curious...what is an example of the "rules" mentioned...that people break?🤔🤷

  • @ncabcabin
    @ncabcabin Год назад +1

    I’m buying on my next paycheck . I can’t wait !!

  • @josetejeda8904
    @josetejeda8904 Год назад

    Thanks for the video I have implemented a lot of the positive things I learned a lot from your videos and now I can say am profitable 📈 thanks

  • @gilbertlopez2708
    @gilbertlopez2708 Год назад +3

    Thanks for info.. Patience is the hardest thing for me. 🙏

  • @vaibhav9036
    @vaibhav9036 Год назад +2

    Nice video dear..u almost cover all hidden aspects..every sentence is true and i can relate it..

  • @videos-online8752
    @videos-online8752 Год назад +3

    This video is exactly for me Ben.. this happened to me today!!

  • @elliottjames671
    @elliottjames671 Год назад

    How much % can you make on your money daily? Cause I trying to fight out how much I would need to be comfortable spending time learning this if i dont have the money to risk.

  • @wujekmateusz1027
    @wujekmateusz1027 Год назад +4

    i have a playlist with your videos, i watch them multiple times and take notes, thanks for the knowledge

  • @williamgauthier6128
    @williamgauthier6128 Год назад +4

    Bro, you made me a beginner losing trader to an intermediate profitable trade by getting me through the tough times and not giving up. Thank u so much and God bless.

    • @yepyapep1732
      @yepyapep1732 Год назад

      Bro can your share what you have it might help us the beginners

  • @VeritasAmantesVocat
    @VeritasAmantesVocat Год назад

    I have a rubber band on my wrist. If I even Think about doing something against the rules I reach over and snap it hard.

  • @arsenejoel3835
    @arsenejoel3835 Год назад +1

    WOOOO, THANKS SO MUCH BRO. THOSE ADVICES ARE GOLD. THEY ARE VERRY INSIGHTFUL

  • @rakeemsteele6246
    @rakeemsteele6246 Год назад

    I really needed this video. Thank You.

  • @Amir-t9b4g
    @Amir-t9b4g Год назад +3

    Thank you so much!
    Can you please make a video on risk management, that will help us to control our emotional♥️✨

  • @deannacobb5376
    @deannacobb5376 Год назад +1

    You and SharlineFX have taught me so much and I love you both! have a blessed day....

  • @chriskhan559
    @chriskhan559 Год назад +1

    Bro I’m so excited and blessed I decided to watch your videos,you are my mentor

  • @creativemanifestation8295
    @creativemanifestation8295 Год назад +1

    You're Dope And Inspiring 💯

  • @pkwahwai
    @pkwahwai Год назад

    Thanks Ben..., have been winning lately ...purely because of staying on the right side of the market. other reasons are all minor, I have improved my entry and exits a lot but even with that I know I cannot win if I do not understand the market environment and be on the right side of the market.

  • @ceemoredickson6882
    @ceemoredickson6882 Год назад

    I am trying to connect with you I am willing to pay as I learn. I been watching your channel for a few years now and been considering getting into the game but I need one on one time please I’m willing to pay for information

  • @ashrafshaikh3678
    @ashrafshaikh3678 Год назад

    Thank you so much Sir. You make us better. Love from a poor guy from India

  • @4apolanco
    @4apolanco Год назад +1

    Wow you look great, your weight lost journey is more inspiring now that trading 🙂

  • @LordWaltz
    @LordWaltz Год назад

    Where do I start learning about trading? Cause it seems very overwhelming for me and I just need a base to start. Any help would be great!

  • @mehrdadghashghaei8515
    @mehrdadghashghaei8515 Год назад

    after 1 year of trading im in the head to head now . but i have a problem that i want to get rich fast .im working on that but it have strong root in my mind. and it brings over trading and revange trading . i should learn to control my emotions and my prespective about trading and the future . any advise ?

  • @jojojack3720
    @jojojack3720 Год назад +2

    Best mentor ever

  • @allurebb
    @allurebb Год назад +1

    Thank you for this one, it hit all the way home!

  • @user-kg4ry8nq4i
    @user-kg4ry8nq4i 8 месяцев назад

    you made me make this mush money bro ... keep blessed

  • @abujojvlogs
    @abujojvlogs Год назад +1

    Prefect ❤ man every word you said in this video is priceless

  • @dzonmon
    @dzonmon Год назад +1

    True talks, all the thing to know is in ✊✊

  • @andressuarezp
    @andressuarezp Год назад

    Great advice. Thank you. !

  • @dv7768
    @dv7768 Год назад +1

    Solid advise, thank you.

  • @landopain3855
    @landopain3855 Год назад

    My man Ben trust me king you always on point, like a general knowing how to motivate his troops. The Caribbean tapping in nun but love for yah man 🙏🙏🙏

  • @VINCENTOCONNOR
    @VINCENTOCONNOR Год назад +1

    Thank you Ben. Great video.

  • @hannahkimani1224
    @hannahkimani1224 Год назад +1

    Eye-opening for real.thanks..much ❤

  • @IkeMusik
    @IkeMusik Год назад +1

    What do you think about euro usd for beginner/intermediate traders? Which pairs did you start off with and suggest for smaller funded accounts?

  • @vit3869
    @vit3869 Год назад +1

    The Best Advice Ever! Thank you.

  • @TheHemiThompson
    @TheHemiThompson Год назад +1

    Exactly how I feel atm! Thanks bro

  • @nspirelegacy
    @nspirelegacy Год назад

    Great video. Thanks 💯

  • @goldrealion5
    @goldrealion5 Год назад +3

    Very motivating💪🏽🔥

  • @actionsmovies9148
    @actionsmovies9148 Год назад

    Did you have a telegram account

  • @weslataw8515
    @weslataw8515 11 месяцев назад

    Back it up with your account balance. We got more than enough youtubers telling us what to do but none of them showed doing it for themselves

  • @silentbullet2023
    @silentbullet2023 Год назад +1

    Bro I got a question: Do you check the DXY Index for trading forex? Because whatever the DXY does, Major Pairs does the opposite. If the USD goes up, GBP/EUR/CHF/JPY goes down. Even if I wait for the support to bounce, if the DXY goes up during the NY session, my setup gets invalidated.

  • @robinehambaram6631
    @robinehambaram6631 10 месяцев назад

    Ben, I would like to join a trading community. I am 2 years new in future trading. I need some guidance, please.

  • @captainamazing1356
    @captainamazing1356 Год назад +2

    This guy is legit 👍

  • @kerwynleroux1525
    @kerwynleroux1525 9 месяцев назад

    Best advice I’ve heard so far🤙🏽

  • @RealGroove163
    @RealGroove163 Год назад +1

    I want to Learn trading but am afraid that AI will
    take my place
    and the skill will be useless in about 10 years
    What should i do ben??

  • @denvernaidoo1678
    @denvernaidoo1678 Год назад +1

    Very real and true Ben, I agree with everything u said

  • @ra_m12
    @ra_m12 Год назад +3

    awesome

  • @ratpatootie8623
    @ratpatootie8623 Год назад +1

    Great suggestions! Thanks!

  • @justlivehappylife8354
    @justlivehappylife8354 Год назад +2

    The anger after missing out on a good trade or losing money is the hardest part for me. Does anyone have a strategy to get over these emotions quickly? What do you guys do when it happens to you?

  • @simplecookingwithjobay4356
    @simplecookingwithjobay4356 Год назад

    Hello Ben. As newbie in trading. Watching contents on youtube and apply it on trading, is enough to be successful or it's necessary to have a professional coach?

  • @nago5148
    @nago5148 Год назад +1

    This is 100% spot on

  • @jesuslovesyou5330
    @jesuslovesyou5330 Год назад +1

    Appreciate the vid homie...keep going fam......

  • @claverekka4513
    @claverekka4513 11 месяцев назад

    Thanks sir..learned a lot from you ❤

  • @wilzQ9ine
    @wilzQ9ine Год назад +1

    Thanks for mentioning the facts cuz all these niggas sell signals saying they are the best but end up blowing up account.......

  • @multazaam
    @multazaam Год назад +1

    thanks Ben.. I appreciate that...

  • @arlysJohnson_001
    @arlysJohnson_001 Год назад +3

    Another banger💥👌💯

  • @winningtrader
    @winningtrader Год назад +1

    I used to think day trading was too risky, but with the right knowledge and strategy, it can be a great way to build wealth.

  • @ernanyiern4860
    @ernanyiern4860 Год назад +2

    Good one

  • @ruweidab9519
    @ruweidab9519 Год назад

    Thank you

  • @ez-pea-ze
    @ez-pea-ze Год назад +1

    0:13 - That's good enough for me

  • @PipskillerMitufxxauusd
    @PipskillerMitufxxauusd Год назад

    When back testing my strategy super result but real market testing my startegy losing whats wrong 😢

  • @YoRHaUnit2Babe
    @YoRHaUnit2Babe Год назад

    I have just started trading on a demo account, I just noticed that I'm pretty good at knowing what's about to happen.
    I went into a network to solidify the information (Resistance and Support especially)
    it shocked Me how accurate I was.
    thanks to You for making Me interested in trades.

    • @YoRHaUnit2Babe
      @YoRHaUnit2Babe Год назад

      I'm still in and going better than ever.