The DARK truth of being a full time day trader

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  • Опубликовано: 16 май 2023
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Комментарии • 223

  • @prestokrs1
    @prestokrs1 Год назад +6

    Don't quit your job until you have 2 years of current expenses and have been trading consistently for 1 year.

    • @TheWolf92
      @TheWolf92 Месяц назад

      That is my thought exactly. 6 months of expenses is nothing. Don’t be stupid people. Prove consistent profitability FIRST, then have 2 years worth of expenses saved, and THEN go full time.

  • @muhammedy2K
    @muhammedy2K Год назад +48

    For everyone saying no audio remove your headset. There is only left side audio for earphones

    • @thelifeofpaladin
      @thelifeofpaladin  Год назад +9

      Thats wierd but thanks for that

    • @visheshgodansha3388
      @visheshgodansha3388 Год назад +3

      I beat my right earphone very bad... I thought another bad thing came to me as expenses

    • @sunny-nq1
      @sunny-nq1 Год назад

      @@thelifeofpaladin there’s no audio for phones

    • @andrewnordgren8956
      @andrewnordgren8956 Год назад

      @@thelifeofpaladin Try recording your voice mono should fix the problem

    • @blackbirdandson
      @blackbirdandson Год назад

      Video definitely not head phone friendly

  • @freemotion7844
    @freemotion7844 Год назад +19

    Honest and transparent, straight up. Great advice. Keep keeping it real!

  • @gamerskayra94
    @gamerskayra94 11 месяцев назад +31

    Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $225K has yielded nearly $1m after subsequent investments so far

    • @Arch.ChrisRichchardson
      @Arch.ChrisRichchardson 11 месяцев назад

      Thank you for this tip. It was easy to find your coach. Did my due diligence on him before scheduling a phone call with him. he seems proficient considering his resume..

    • @EmmaWhite-zq4pq
      @EmmaWhite-zq4pq 11 месяцев назад

      I wholeheartedly concur, i have thought of engaging with an lnvestment coach,

    • @MrsIsabella-mf4iw
      @MrsIsabella-mf4iw 11 месяцев назад

      Carefully Observed benjamin harris brown online and researched his accreditation. he seem very proficient, I wrote him detailing my fin - markt

  • @wordsofrizdom
    @wordsofrizdom Год назад +10

    Amazing video! Such great value and I hope people take some serious notes! 🧠🔥

    • @thelifeofpaladin
      @thelifeofpaladin  Год назад +2

      Haha appreciate it Riz your last podcast video was 🔥🔥

  • @trading-university.
    @trading-university. Год назад +21

    So true, when I did this some years ago BPF (before prop firms lol) exactly the things in this video came true. I had a major battle to keep my account positive as I was so desperate to make enough to pay incoming bills and in the end I ended up working on the side again so I could build some savings to not have to rely on profits. That was what solidified profitabiliity for me. A 6 month buffer is great advice. 2 years even better lol. Having said that it was beneficial for my trading psychology because once I had a buffer I was totally unemotional with every trade. Going full time with no buffer did that to me lol.

    • @thelifeofpaladin
      @thelifeofpaladin  Год назад +4

      Don’t got to tell me twice. It’s hell being a full time trader with no buffer

  • @agogopaul2466
    @agogopaul2466 5 месяцев назад

    So much value thank you Paladin

  • @jeremiahmazire7668
    @jeremiahmazire7668 Год назад

    Great content and I love the music effects and background

  • @vampking4676
    @vampking4676 Год назад +17

    I can resonate with the lessons from this video. Such great wisdom, such great advice. I wish I heard this when I started trading

  • @TraderDeElite-iz7lb
    @TraderDeElite-iz7lb 11 месяцев назад

    Thank You Paladin, your video is very helpful.

  • @tatianeurnau2534
    @tatianeurnau2534 10 месяцев назад

    Your psichology is amazing!

  • @EstudianteICT
    @EstudianteICT Год назад +4

    Very good video Paladin, great tips always! Thanks for sharing!

  • @Boolahkay
    @Boolahkay Год назад +3

    Always with the fire content. Thanks for the constant value Paladin💣💥

  • @jaynexusblast
    @jaynexusblast Год назад +9

    Love your transparency, please don't ever slack on that :)

  • @UmarAshraf28
    @UmarAshraf28 Год назад +5

    Content game on another level!!

  • @risingjourney888
    @risingjourney888 7 месяцев назад

    Thanks man, helps me to set my expactations right.

  • @TheMackGray_
    @TheMackGray_ Год назад +5

    Dude this advice will help so many. Another great video brother ❤

  • @antonzhezherun
    @antonzhezherun Год назад +3

    Thanks, most exclusive tips. All in fact, without water

  • @t_profitz
    @t_profitz Год назад +3

    Great tips! You gotta think long term and be smart about it if you are going to make it in the long run!

  • @user-xk4oi3jg1h
    @user-xk4oi3jg1h Год назад

    Great video man !!!

  • @davisjohnson700
    @davisjohnson700 10 месяцев назад +29

    I will forever appreciate this channel and Mrs Priscilla Snyder🙌, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My Wife and I have been able to be minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation. we all love you😘😘

    • @kathiecox4483
      @kathiecox4483 10 месяцев назад

      You invest with Mrs Priscilla too? Wow that woman has been a blessing to me and my family.

    • @alicewillams7789
      @alicewillams7789 10 месяцев назад

      I'm new at this, please how can I reach her?

    • @davisjohnson700
      @davisjohnson700 10 месяцев назад +2

      she often interacts on Telegrams, using the user name below.

    • @davisjohnson700
      @davisjohnson700 10 месяцев назад +2

      Priscilla095💯

    • @alicewillams7789
      @alicewillams7789 10 месяцев назад

      @@davisjohnson700 Thank you.

  • @comofazercaricaturas7696
    @comofazercaricaturas7696 Год назад +3

    A lot of value here, thanks Paladin! I would like to make a suggestion for your videos, I think these extra stuff poping when you talking and sound effects are quite distracting. Other than that, top content as always!

  • @innate7260
    @innate7260 10 месяцев назад

    The wisdom you have at your age is mind blowing 🙏

  • @MarcosReynaHerrera_m1r30
    @MarcosReynaHerrera_m1r30 Год назад +1

    thank you, your videos help a lot

  • @aldrinsabu2716
    @aldrinsabu2716 Год назад +1

    Wow really usefully one thank you so much for posting

  • @victorkash7486
    @victorkash7486 Год назад

    Understanding market conditions is key.

  • @barcode2544
    @barcode2544 Год назад +1

    I really like this young man . Im inspired by every video you make

  • @samathanolivia5618
    @samathanolivia5618 Год назад +5

    Bravo! This one of the all time best videos I've seen on explaining chart patterns and the story behind what's happening in the market. Thank you so much producing this content.

    • @samathanolivia5618
      @samathanolivia5618 Год назад

      I would love to learn the strategy behind the stock markets on how to make millions from the stock markets consistently. How can I reach out to learn the strategy.

    • @dianaalbert32
      @dianaalbert32 Год назад

      I have been making millions of withdrawal(s) after learning how to make consistent profits using his strategy to trade the stock and fx markets. I started with 6 figures last week. Stock and fx trading has changed and elevated my standard of living.

    • @Marryjohnson44444
      @Marryjohnson44444 Год назад

      Traders can communicate with him on TELEGRAMS with the username below

    • @Marryjohnson44444
      @Marryjohnson44444 Год назад

      STOCKTRADERCOACH

  • @pamaj4142
    @pamaj4142 Год назад +2

    so true, i was thinning 1 year saved up for expenses. but 6 months is nice yoo.

  • @EndsInParadise
    @EndsInParadise Год назад

    my left ear loves this lol. great video

  • @mixmatch1236
    @mixmatch1236 Год назад +1

    Can you record more on trading analysis, entry and exit on your day to day trading life. Would love to see more. :D

  • @aeplozada
    @aeplozada Год назад +3

    I will finally start my first challenge! Thank you for such inspiration. 😃

    • @thelifeofpaladin
      @thelifeofpaladin  Год назад

      Wish you the best be sure to watch my video on “cheat code with prop firm” on my channel

    • @abdoedd5170
      @abdoedd5170 Год назад

      Could you please tell me which prop firm you gonna start with , I'm Confused which one to choose among all those out there ?!

    • @aeplozada
      @aeplozada Год назад

      The one that @paladin is offering is pretty nice since there's no time limit

  • @sleepyhead2046
    @sleepyhead2046 Год назад +1

    Wow thanks paladin nice good advice

  • @marsild2464
    @marsild2464 Год назад

    The editor went crazy on this 🔥

  • @alexcarino3274
    @alexcarino3274 Год назад +1

    bros living my dream life good shit !

  • @tude6455
    @tude6455 Год назад +1

    Spot on

  • @souravshaha8306
    @souravshaha8306 Год назад +1

    Really very important things to new traders.... Everyone doing same mistake after some profits and they must need to know this things before quitting job or college ❤💯
    Thanks man!!!!

  • @pradippaudel5827
    @pradippaudel5827 Год назад +1

    You're so inspiring 🎉

  • @axutgautam1187
    @axutgautam1187 Год назад +7

    Dropped college to give full time learning to trade forex. Wish me luck folks, And yes great video as always Paladin!

    • @ThanhLe-rf4bp
      @ThanhLe-rf4bp Год назад +7

      It's tough, it will take years until you make it. But once you make it, you can do whatever you want whenever you want unlike college or a job.

    • @dragano556
      @dragano556 Год назад +1

      Goodluck bro we’re on the same journey

    • @manricca
      @manricca Год назад +1

      You'll make it, don't listen to anyone who tells you you won't

    • @abdoedd5170
      @abdoedd5170 Год назад

      We gonna make it , buddy, have a great Trading journey

  • @abrahamisaac7600
    @abrahamisaac7600 Год назад

    nice advice

  • @sozotrades4132
    @sozotrades4132 Год назад +1

    Hello Mr Paladin, thanks for this content it was so insightful honestly. I want to ask a question, like I'm coming up in trading and sometimes I feel I don't need a job, I just want to make it trading, but I know before you can fly you need to learn to run, Your story is an inspiration, I see alot of people in this space doing mentorship in other to make money to trade, and you didn't I can see that, so please I wanted to ask, was it just being a door man you did, or did you embark on other jobs. Just want to see your process in your own eyes. Thank You Sir.

  • @AnthonysTradingChannel
    @AnthonysTradingChannel Год назад +1

    Thank you for sharing, the video was informative.

  • @DRCRS0
    @DRCRS0 Год назад +10

    Your videos are perfect because they are under 10min and full of value. Keep it up Paladin❤

  • @weenath
    @weenath Год назад +3

    This is a superb video for a beginner!

  • @Hassnain-my6vr
    @Hassnain-my6vr Год назад +1

    Editing is very good and hreat video paladin

  • @thebrainlesstrader
    @thebrainlesstrader Год назад

    Loving the content bro keep it coming! Ignore the haters💯🧠

  • @tradequantcapital
    @tradequantcapital Год назад +2

    My brother tons of respect mankind, looking to buy my first challenge soon😭

    • @thelifeofpaladin
      @thelifeofpaladin  Год назад +1

      Wish you the best gave some good advice on my channel how to tackle it

  • @fernandogonzalez-zt7ng
    @fernandogonzalez-zt7ng Год назад +1

    Hey bro, is a dual mic.
    If you don’t speak directly on top of it all
    The input from the mic goes to one side

  • @robbywijaya88
    @robbywijaya88 10 месяцев назад

    I thought my headphone broken, it turns out your video's volume mono left.

  • @ImSuteki
    @ImSuteki Год назад +1

    Spitting FACTS I’m like take my money💸💸🙊

  • @ube2ful
    @ube2ful Год назад +2

    How are your accounts doing now? I am currently down 4% on a live account (my first). Not worried. The strategy is a 1 to 3 so I can make a turn around if a win or two comes soon.

  • @pharrellosullivan8688
    @pharrellosullivan8688 8 месяцев назад +17

    This is a great video I really appreciate the dedication in each video you post, I learn a lot watching your videos and it has always been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to Mrs. Katherine Flores for improving my portfolio. keep up with the good videos.

    • @bobwarshaw8439
      @bobwarshaw8439 8 месяцев назад

      wow.. amazing to see others who trade with Mrs Katherine Flores, i'm currently on my 5th trade with her and my portfolio has grown tremendously.

    • @leahroberts2
      @leahroberts2 8 месяцев назад

      I invest with Mrs Katherine Flores too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.

    • @Austin195
      @Austin195 8 месяцев назад

      this is not the first time i am hearing of Mrs Katherine Flores and her exploits in the trading world but i have no idea how to reach her.

    • @toddhozier
      @toddhozier 8 месяцев назад

      As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.

    • @tracynguyen726
      @tracynguyen726 8 месяцев назад

      With the consistent weekly profits I'm getting investing with Mrs Flores, there's no doubt she is the most reliable in the market. such a genius

  • @videoeditor-lakhvindersing9402

    Hey Paladin amazing content man, By the way do you need a video editor?

  • @christopherprempeh8549
    @christopherprempeh8549 Месяц назад

    This is why it’s important to start other businesses while you’re doing trading. That way you don’t need to rely on just trading income

  • @rakeshrounte9515
    @rakeshrounte9515 Год назад +1

    always valueable and useful your content in a trader journey (❤ from india)

  • @zeynepkarabas-4041
    @zeynepkarabas-4041 11 месяцев назад +1

    I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 31% and being cautious. Still better deal than letting it sit in savings or checking earning near 5% interest

  • @dementorshub1224
    @dementorshub1224 Год назад +1

    Pls what advise can you give to someone that always got distracted with High school activities and decided to take a break and transit to full time trading to focus and become profitable, then start over with high school (university) again.

  • @imedia4505
    @imedia4505 Год назад +1

    just great

  • @triplet5054
    @triplet5054 Год назад +1

    The video editor is top notch

  • @HuevosRancheros3
    @HuevosRancheros3 Год назад

    A+ video.. i would say just fix the audio

  • @jtrades_
    @jtrades_ Год назад

    Do you recommend just not trading months wher it's choppy

  • @Tyraine7
    @Tyraine7 Год назад +2

    Love your content real practical advice! I'm working on my first Challenge once I pass I will be documenting as well! I have found that using "the science of numbers" numerology to calculate my cycles has given me an edge in trading. I would love to build with you sometime and possibly interview you for my channel.
    Peace

  • @Tw3nty5ive
    @Tw3nty5ive Год назад +1

    Truth in black and white!! 💯

  • @DantheMcCoy
    @DantheMcCoy Год назад

    Awesome video. Have you considered creating a course for beginners?

  • @johnjohn10john61
    @johnjohn10john61 Год назад +1

    Hey paladin do you day trade or swing trade

  • @SkullyTheDeadSpartan
    @SkullyTheDeadSpartan Год назад

    So CBDCs are coming. Whats your take? Do you think trading eventually phase out?

  • @KrisGame1
    @KrisGame1 Год назад

    Great video Paladin! Do you still have losing streaks as a professional?

  • @LogezFXAuUsD
    @LogezFXAuUsD Год назад

    Good video but sound is messed up on headphones

  • @Pittttttttttttttttt
    @Pittttttttttttttttt Год назад

    Hey Paladin, since you have been a student of ICT, what do you thing regarding his strategies being all over the place and exploding, do you thing they will loose the edge soon since everyone is using them?

  • @Aquarianmhel22
    @Aquarianmhel22 Год назад

    Im a single.mother and helper here iN UAE,i really wanted to be a full time trader so i can be with my son while profitable, now i have my own strategy now but because of my work i can't catch up, still not profitable, and my trading psychologys still messed up me. And especially the capital, ,
    I bought account in prop firm, no minimum tradings days,, i wish as soon as posible i can pass the challenge, and be consistent profitable like you,
    with notbing to worried , if trader have peace of mind and happy good set up see clearly, .
    I wish more videos about trading psychology !
    Thank you and Godbless❤❤❤

  • @TrainAndTrade_
    @TrainAndTrade_ Год назад +1

    couldnt be more true bro

  • @senguluner379
    @senguluner379 11 месяцев назад

    Nice video

  • @shayanshah278
    @shayanshah278 Год назад

    Hi, Paladin I am a newbie in the field of Trading I want to learn Trading please guide me from where I should need to take start who should I need to look to and do you have a mentorship program or do you Recommend any mentorship program for a complete beginner your guidance will help me a lot. Thanks in advance

  • @artfulonkemetse7124
    @artfulonkemetse7124 Год назад

    Hello Paladin... your speaking audio stops at 30secs until the end of the video..but sound effects are there... I really want to listen to this video...

  • @keiferbrito9079
    @keiferbrito9079 Год назад

    nice vid

  • @Vibewithprime
    @Vibewithprime Год назад

    My work doesn't allow me to look at charts every day since I work 13hrs per day without a break

  • @levelinguponthenarrowpath
    @levelinguponthenarrowpath Год назад

    your voice is only on the left speaker, just letting you know , i hear the music in both
    kinda uncomfortable lol

  • @AudioGeekers
    @AudioGeekers Год назад

    Idk if its just my computer but I only heard the intro but after it was just the background music throughout the video. Is this happening to anyone else?

  • @officialtradingleague
    @officialtradingleague Год назад +1

    Paladin, i am wondering why you are still using prop firms when you have the capital now

  • @ynwa3573
    @ynwa3573 Год назад +1

    That is the reality and truth about trading. Listen to his advice all you newbies

  • @Kometheus
    @Kometheus Год назад

    Ngl you're pretty awesome bro.

  • @omerketen7163
    @omerketen7163 11 месяцев назад

    With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio

  • @fxspartans9447
    @fxspartans9447 Год назад +3

    Jheez another sick video. Bro what do you do after 4 or 5 losing streak? Do you stop trading for the week then continue the week after?
    Would you do the same even if its on a phase 1 challenge account knowing you only have 30days to pass. Let me know pls! Appreciate all your help brother truly 🙏

  • @motlhudisekele1211
    @motlhudisekele1211 11 месяцев назад +1

    Hey I’ve been watching you for a while and I like what you do and the inspirational story you have I was just asking if you could me my mentor 🙏

  • @Taimoor_Banks
    @Taimoor_Banks Год назад

    Paladin you try to make a wonderful video with live buy funded challenge account and you pass a phase 1 and phase 2 I really request you ❤

  • @tamo1110
    @tamo1110 Год назад +1

    W paladin

  • @9balls.
    @9balls. Год назад

    Firstly it's hard to believe bro is 22 and has been trading for 5 years, but then i see he has experience
    Great one man

  • @mrvaibhavkhetmar
    @mrvaibhavkhetmar Год назад

    Sound is in 1 ear and music in other after 30 sec. how 1 ear person can hear your voice?

  • @Gorrilla_diesel
    @Gorrilla_diesel Год назад +1

    Thank you for making this video people don't realise it is a steady transition I myself am always going to keep my job and use it as a side hustle.

  • @anuraagb3690
    @anuraagb3690 Год назад +4

    Im 21 with some money saved up living with parents, so not really any expenses. what would you reccommend? I don't really have that financial pressure but have pressure to do well to prove to my parents that I can do it full time

    • @HokageFlete
      @HokageFlete Год назад +1

      Get a cheap apt with a friend who also trades and work a part time till u get real good

    • @thelifeofpaladin
      @thelifeofpaladin  Год назад +5

      Continue on with your life and have trading on the side until you prove to yourself you can be a full time day trader as mentioned in the video

    • @anuraagb3690
      @anuraagb3690 Год назад

      appreciate it bro. keep up the content🤟

  • @efe2750
    @efe2750 11 месяцев назад

    Global stocks headed for their biggest weekly decline in more than three months. European shares fluctuated, with a record 36% drop in Siemens Energy AG’s shares after a profit warning dragging on the broader market. US index futures fell. According to chief economist at UBS Global Wealth Management “Financial markets have had one of those switches in the narrative that happen occasionally, and are starting to worry about higher interest rates driving recessions,” I'm still at a crossroads deciding if to liquidate my $300k stock portfolio, what’s the best way to take advantage of the market?

  • @nightowltrader
    @nightowltrader Год назад

    something wrong with the audio Paladin.

  • @svnalin2752
    @svnalin2752 Год назад

    i only hear his voice thru left ear buds, is it only me?

  • @orandereid873
    @orandereid873 Год назад

    Is it just me that listened to this with earphones?

  • @ngirigaca8753
    @ngirigaca8753 Год назад

    which is the best trade copier

  • @jacob4904
    @jacob4904 Год назад

    my left ear enjoyed this

  • @Awongaw
    @Awongaw Год назад

    Absolute sauce 👨‍🍳

  • @514noah
    @514noah Год назад

    After the intro your voice only plays in one headphone ear bro

  • @charging99
    @charging99 Год назад +1

    Really hard to hear what you are saying want you to know for future videos

  • @ronaldfacun6636
    @ronaldfacun6636 Год назад

    DO YOU HAVE MENTORSHIP?