It's ok to trade but keep your day or night job while you do it until you are established.

Don't let anyone ever tell you, "You can't"... Don't Quit.

@sam2725

4 ай бұрын

You cant jump off a bridge

@anantrana2190

4 ай бұрын

thats the stupidest way to encourage young generation to start gambling on these

@brycedavis9739

4 ай бұрын

If you have a plan... You study, you practice, use technical analysis, fundamental analysis, understand chart patterns, candlestick patterns and have a good strategy and you know your edge in the markets then it is not gambling. Though they are similar it is not a gamble if you know what you're doing and it has been proven time and time again. Fortunately for someone like you we always need average people with average jobs! So thank you! @@anantrana2190

@DeterminismisFreedom

4 ай бұрын

99% of gamblers quit before winning big

@WhatsNextFam

3 ай бұрын

I mean i dont really see it as gambling considering Im not even what I would consider a very knowledgeable great trader and I still been in profit for 3 and half years straight on a terrible platform (Robinhood) (now learning how to make a trading bot on Charles shwab) but yeah I barely had to do anything to start becoming a profitable trader it’s not that hard

To pay the house for my parents. All I want. Then I can die in peace

@labber7772

3 ай бұрын

same here

@kapiivideo8025

3 ай бұрын

same

@notofthematrix

3 ай бұрын

True but what if​ it does😂@@Unknown-zs8ex

@mrtrock_gaming1489

3 ай бұрын

​@@Unknown-zs8exwell actuelly it does make you good money but you need to be pacient

@cel5207

3 ай бұрын

@@Unknown-zs8ex You sound like every person that doesn't day trade and never put actual time into it, otherwise you would know the statement you just made is false.

Trading has taught me how to just have one meal per day and how it feels to let the bank take over my house. That learning is priceless.

@cinematicclass

3 ай бұрын

Lmao the person hearted this is priceless too

@Americansikkunt

3 ай бұрын

Was that your actual experience? You owed your house to the bank? Or you just learned you could potentially?

@ni7299

2 ай бұрын

Yeh it’s these lessons we yearn for. Priceless. Happy trails good buddy.

@justincuvelier9569

Ай бұрын

Sounds like you got into margin and meme stocks. Definitely had hurt so many

@ashleym6765

9 күн бұрын

😂

Quit quitting......learning from failure leads to success and is an individual experience for everyone

Trading has taught me a lot about divorce and who my real friends and family are😮

@lolososo6760

5 ай бұрын

Because it wasn't working out at the beginning?

@igotfobiaz7036

6 күн бұрын

Because he didnt know his bbf was going be his lover

If anyone is wanting to trade don’t give up! This is my third year in and I got funded 50k still a work in progress but I’m hungry for it 😅

@julianvenizelos04

8 ай бұрын

50k after 3 years? I got a 100k and a 50k 6 months in

@julianvenizelos04

8 ай бұрын

All our journeys are different tho. We all gonna succeed in the end brother

@Mellow4202

8 ай бұрын

​@@julianvenizelos04literally just came here to fill up your ego You did better than the other guy congratulations 🎉🎉🎉

@cenkkinqzzzz3002

8 ай бұрын

@@julianvenizelos04yeah i got 600k in 3 days like wtf

@Spaceman385

8 ай бұрын

@@julianvenizelos04do you still have those accounts?

Wtf who cares about knowing more than the average person if we end up quitting & not making money???

@errebusaether

8 ай бұрын

Knowledge is power. You might use that when you decide to make your own business.

@drac3264

7 ай бұрын

At least you have some profit by knowledge

@bobdolan72

7 ай бұрын

Imo he’s 💯 on what he said. Anyone that’s has spent a couple of years learning the stock market will definitely make better investment decisions for the rest of their life

@madimakes

7 ай бұрын

my 401k is far better off because of it@@bobdolan72

@trevorh5207

7 ай бұрын

@V4HlDsoooo true. These guys talking like they make a steady paycheck is such BS

95% of traders lose cause they ride the rockets too long. You didn’t make any money unless you sell. I recently bought carnival shares at 11.32 sold and 11.94 and watched it go to 12.34/share after the sale. Gains are gains and you just gotta sell sometimes

@MoneyballAustin

8 ай бұрын

When people reach out to me and I inquire about how they blew their trading account it's usually because of poor risk management. Whether that's not using a SL or too much leverage. It's extremely difficult to blow your account with a proper 1-3% risk and a proper SL. You would need to lose 80% of trades and slowly grind the account down.

@jackmacziz6140

7 ай бұрын

Welp even though carnival rose like 50% since I made that trade, gains are gains lol 😬Bought into chase right after at least.

@ExpatPlans365

6 ай бұрын

@@MoneyballAustin What is SL?

@MoneyballAustin

6 ай бұрын

stop loss@@ExpatPlans365

@georgeenriquez8058

5 ай бұрын

I always take my big L on my 3rd trade while trying to day trade without 25k. I always crush it on 1st and 2nd like this week went up 80% and I wasn't happy with that so went in another trade and wouldn't get out when the writing on the screen screamed GET OUT!! Hardest part is emotional part. And I've been trading since 2017 but have done it every chance exactly 1 year straight. I'm debating putting in the 25k to have the freedom to get rid of that emotion of running out of trades.

Honestly trading also helps find your true true self not what you thought was your true self. Comes with alot of knowledge even with failure.

Trading for the freedom

@BrokenTengu99

2 ай бұрын

SAME ...

@ekenemegoodluck2122

4 сағат бұрын

Same

They quit because they lose money…

Im in it because it’s a challenge that not many people can succeed with

I trade because im in the 5% group...i make money from the 95% group.

@RotterStudios

4 ай бұрын

you'll lose it all one day. A matter of time.

@Dimensimistis

4 ай бұрын

@@RotterStudios haha ....i move the market. My grandpa own one tye biggest hedge fund in the country...wanna join me? 😆

@RotterStudios

4 ай бұрын

@@Dimensimistis I don't have the money to join you. Would be nice though.

@Dimensimistis

4 ай бұрын

@@RotterStudios no problem brother..just remember "we" always think the opposite of the retail traders" ...if you can fully understand this then yo will make lots of money..

@RotterStudios

4 ай бұрын

@@Dimensimistis I do need help. I have wasted so much money, and I mean a lot. By the way, I stopped by your channel. I enjoyed the creepy videos. ;)

I'm into trading because I like the constant state of change. Its never repeatitive. I suppose I lose novelty kind of quickly so repetitive things really drive me insane. Also, It almost feels like playing a chess game, planning out your next move and strategizing. It gives me a sense of joy.

@peaceofmindofpeace1650

3 ай бұрын

Exactly that's why I like it.

@deane4368

3 ай бұрын

Relatable

100% agree. Trading is my passion and I enjoy it regardless of the results so I don't think I'll ever quit...

Its for the freedom of it all

It’s very fun! And a great way to implement the skills I learned in my physics degree. Like coding, probability and statistics, but with a little bit of adrenaline in the mix. I also think that is perfect for a second stream of income, you don’t have to be a full time trader

I am into it long term . i don't care about losing trades but long term ill smile.

I trade because it allows me to save extra money for things I want to buy. I drive a nice car not because of my day job but because of my trading. I paid down all my credit card debt as well. Can or will I do it as my goto job,...probably not but I will always trade when there are things I like and don't want to wait 3 years to buy...like a nice watch...I also give 5 percent to a local charity. I can't afford more to give but that is ok its something and makes me feel good to do. Godbless you all.

@andrewmass1414

2 ай бұрын

Pay off your credit card first

Know about the economy doesn't mean you can earn money.

@donaldlyons17

6 ай бұрын

or even create an income stream even if it is not much

@CodElevator

Ай бұрын

If you stand where it rains, you'll get wet; If you know where the money is, stand where it's falling.

To make a change in life, to improve my standards of leaving, to gain the time and financial freedom and to inspire and show others from my country(zw)🇿🇼 that trading is possible..... Thats y am into trading.

@brotherlloyd6009

27 күн бұрын

Mazimba hamushaike 😅😅😅😅 irikubatika here mari yahwe. Huyai tikudzidzisei 😂😂😂

Emphasizing simplicity and leisure, I prioritize exploring life's options over settling. Focused on central banking, I aim for financial advancement, prioritizing wisely over immediate indulgences like luxury cars.

Psychology you need to understand where you are, I still trade a $10 account just to ground myself and keep my psychology in tact.

I'm into it because everybody can't do it. I'm into it for the freedom it brings. I'm into it because you can make a lot of money fast in a short amount of time. I don't recommend trading to anybody I let them choose.

@wordtothewise711

8 ай бұрын

3rd year trader and I’m just now finding my groove. I’m in and out one trade per day and I’m content but I see where I’m going. I have a roadmap in my head and I leave plenty of money on the table. But the losses I have racked up are insane. Slow and steady wins the race and i rather catch 10% to 20% daily than stress over multiple trades. I figure I can double my capital every 2 weeks and keep going that way

@MoneyballAustin

8 ай бұрын

good to see your figuring it out. I agree with you! Thanks for watching and providing your 2cents. @@wordtothewise711

@WizardsPath-if5oq

8 ай бұрын

​@@wordtothewise711How exactly do I learn how to trade? What type of trading is most profitable?

@zeusdavid4104

7 ай бұрын

Yo bro, i would be interested to take tips from you, im day trading it has been like 5 months I started, im still doing paper trading cuz im not profitable yet, but I would like someone to guide me

@thousandlocks3258

7 ай бұрын

​@zeusdavid4104 What kind of trader are you? What's your personality? Not anyone else's yours? I like trading the open for fast money I'm a income trader. That's my personality. I don't let nobody change that I adapt a trading style to fit my personality.

It's a little addictive plus I've learned soo much that I can't walk away. My biggest lesson is less is more

I can attest to this. After a few years of on and off trading I honed in this last two years and after losing a piece of a big bank. I’ve finally got disciplined (which takes practice) and have become consistently profitable these past few months. But anyway I recently bought the house we were renting and I can tell you, I knew as much n more than the realtor and loan officer about the rates and movement of the rates and market. Gave a great advantage. So you definitely learn the ecomomy very well, if you research properly.

Because I don't want to be stuck to the employment loop. 😂

Yes the knowledge that you gain is going to benefit you financially in the long run. Just don't give up, manage the risk, stick with it and you will get it.

The money you lose is not a waste unless you learn alot. Remember, knowledge is the greates asset we have that keeps and flows money inside our pocket.

@peaceofmindofpeace1650

3 ай бұрын

Yes and as long as the losses are in proportion and no threat to our basic existence.

@revanvonheaven8270

Ай бұрын

You can run a trading simulation instead of loosing real money truth is this is gambling and the house always wins fhere is a reason they will not let you count cards in black jack house always wins it has to be profitable 😂😂😂 90 percent of traders suckers 10 percent that run this ponzy scheme are the only winners of the game...

I'm a long term investor only and it has been an awesome wealth builder! Personally never tried day trading or options but I don't have to watch the markets either. I simply buy and hold for yrs and I also earn dividends.

Freedom...I want to be free financially.

@knight936

10 ай бұрын

Who does not, but many do not want to do the work. And a lost of women go to OF for a shortcut. Quick money comes with slow problems.

@kmoov90

9 ай бұрын

@isabellamatteo123 then be homeless. They are financially free.

Don’t trade for bragging rights..don’t lose money trade long and short on 2 stocks..

Agree!every losing trade is a great xperience

Trading has set of rules, if only you can follow those set of rules believe me you will be become a successful trader. As a trader make more research as this makes you to see more trading opportunities. Am still a beginner going to 1 year now and still seeing myself I have a lot to learn.

Never having to deal with a crappy boss: another reason to trade.

Trading is one of the hardest skills to earn easy money. And your gain is limitless

Don’t ever give up. I’m on my second year to be exact and I got funded $400k a few months ago.

@ishantkumar5423

9 ай бұрын

Hey, this might be a Lil personal but do you actually get payouts?. I was thinking of doing the same it would be really helpful if I could get advice from someone who is where I wish to be in a few years.

@gotraderpros

8 ай бұрын

@@ishantkumar5423 No worries! Yes, I have received 8 payouts in total. The only thing wrong is finding the right Propfirm and making sure the broker they use is regulated. It's so many scams out here. So, make sure to do your research before giving someone your hard-earned money.

@Arnoud-nf6iz

8 ай бұрын

im 6 years down the road and i still dont know shit (everything moves fking random and u stop can be taken no matter where u put it). is here even someone in comment section who EVER saw a trader in real life.. do they even exist... i never met one. TRADING is more mindfuckig than cocaine or mag mushrooms I dont recommend it to anyone that want to keep a sane mind. AND risk reward is another bullshit story because u dont know what will happen. also support resistance is a bull shit story because even the graph of the moving of the SUN have similair movement as a market

@moodswings1694

8 ай бұрын

@@Arnoud-nf6izsounds like the same exact story I was thinking about 😢weird asf

@teledoink

8 ай бұрын

How do you know when to sell? I just watch stock go up or down and I don’t know when it’s good to sell or just sit there watching it

Great point Austin. I always dive into new things, and even if I move on (better than seeing it as quitting), I leave with a pool of knowledge and world perspective I didn't have before. You're spot on with learning about how money actually moves in the world. I recommend anyone to attempt to trade for a time, at least with paper money and to not rely on it as their sole income. It is not for everybody and most will move on with other things and ditch trading. Some will see the potential and stick to it. The question these people should ask themselves is what state of mind are they in when they are trading? Are they greedy, anxious, and impatient? Or are they calm, calculated, adaptive, and far-sighted? Trading is a skill like any other, the beginning will be tough. You will have to learn what to do and what NOT to do. You will get burned many times, but learning why you got burned is the key to become an absolute trading machine. Be resilient and be collected.

This is so true, I feel like a savant now learning so much, yet knowing so little. I do this to achieve real freedom and have more time for my wife and daughter

@BrokenTengu99

2 ай бұрын

I really do hope you make it, man! My same reasons!

@infalliblegod

2 ай бұрын

@@BrokenTengu99 Let's get it!!!

💫 Success in trading isn’t about intelligence; it’s about mastering yourself and your emotions. 💫 I often find it baffling how people expect to master trading without prior experience. Like ANY other profession, you can’t just walk in and excel from day one. It takes dedication, study, practice, and accepting mistakes. Frankly, expecting profitability within six months or even a year is unrealistic. It’s essential to start small, protect your capital, and focus, self-control and discipline. Anyone with a normal IQ can eventually learn the trade, but the winners will be the one who mastered self-control.

The information you'll get from learning will change your perspective of how many things work economically. 100%

Well, 95% failure rate just discouraged me…🤷🏽‍♂️

@MoneyballAustin

9 ай бұрын

it shouldnt... most are retarded that think this is a get rich quick + easy signal provider stuff with zero risk managemnt. If you have a proper risk management + strategy you will be better than 75% of traders.

@dirty1clean

9 ай бұрын

@@MoneyballAustin Got it. Thanks for the insight.

@marcioborgesreis9066

7 ай бұрын

Only if you dont believe in yourself.

@HeyEveryoneHi

6 ай бұрын

​@marcioborgesreis9066 believe in yourself my ass

@marcioborgesreis9066

6 ай бұрын

@@HeyEveryoneHi You can not deal with the fact you are a loser . You try and try to only lose money . I bet you lost a lot of money . I can see trough your bitter comment .

Knowledge you gain about economy and stock markets

Because i got fired for not supporting lgbt and supporting trump. Also no vaxxed although its all legal my contract didn't get renewed for that very reason. Now I work for myself got funded with topstep and I love it ❤. I'm not a quitter and trading takes a strong chin. You will hit your drawdown you will want to give up and who doesn't eventually will make it.

to me 95% can be applied to any field, any career, any workforce.. it's just that in trading there is only profitable traders and losing traders or breakeven traders(which is also part of losing). while the 95% in other fields or career are the labour workers or middle class workers.. what I'm tryna say is that the top 5% of traders who wins are the same as top 5% of other work fields who are the higher managements or CEO, CFO etc...

The 95% of traders who lose, should be aware of stop-loss hunting by the big money players.

@MoneyballAustin

2 ай бұрын

5% of the daily liquidity is by retail traders. This doesn't mean they are a buyer or selling in the wrong place but normally sht risk management.. thoughts?

Freedom. If I need to wake up and be clocked in working for another person for the rest of my life I’d go crazy. The world is here for you to experience it

This is very true. It does teach you a lot about the economy and capital and how it moves throughout.

Still waiting for why to quit trading

But at what cost

Not everyone’s gonna make it… if you’re ok with that, go a head and learn. Good luck.

I've recently started and have been doing pretty well. Maybe a new perspective might change things for the better. I just talk to people about how they are changing spending habits dealing with stagflation. I then invest in companies related to what people would deem valuable under a tight budget. There's enough fluctuations that I can make small but consistent gains. Im not going for big risks just a fun little side hobby that makes money instead of spending it.

Bro it's about freedom bro..some people trade their time for more money..and a trader is a crazy person who trade their money for more time

I like trading because it give us thrill

I have lost a ton of money day & swing trading, but ya I learned about market cycles within everything.

The most important thing is you'll learn about yourself more than any regular person learn in their whole life..

I got into trading for many things, such as a lifestyle that i wanted, but mostly how challenging it is that my previous job was not doing for me. So very true i lost a lot of money my first 4 years but now is becoming a booster of income whenever I travel.

Freedom

I'm finally making a living day trading after 6 years. It really feels good to be a part of the 5% that make it. Believe in yourself and don't give up, stay hungry and track your trades.

@AnthonyRodriguez-lb1cw

4 ай бұрын

Any tips? Or resources/direction that you recommended ?

@wormhole-r3l

3 ай бұрын

​@@AnthonyRodriguez-lb1cwlive traders is good, SMB is good as far as youtube goes. I wish I had figured out my trading management earlier and started tracking earlier. Good luck

Someone got inspired by their lib arts teacher today

I am in it for the challenge. I love challenges.

Work in Trading to both escape and not live in the rat race because I don't want to be poor.

It's not hard once you know the secrets Noone teaches you in a book that's why 95 percent fail. I got into trading because it was a childhood dream when I was young my dad took me by the nyse.

@RotterStudios

4 ай бұрын

There are no secrets. It's luck and controlled. I used to work on the floor. It's all FD.

Personal development! Trading Made me into a better man.

I want to become successful and give my kids financial freedom and escape this rat race

No lies detected

I’m learning all I need to know about trading. I would like to join a message group with experienced traders.

I don’t trade yet cuz I don’t have the Capital to do so. But I am working on Getting it!

This is why I’m into it!

Man bro. I'm about to pause on swinging because after having some grabs Intraday. Starting to miss it. Fast money 😂😂😂

I missed the reason I should quit day trading.

Working corrections..4 16-hour days gets old. Also, my 4 year old daughter doesn't like my work schedule either.

Have a strategy, be consistent, and read up on trading psychology (accept losses). Overly simplified, but that's the gist of it! Those three things you need to master in order to succeed.

I have been at a trading desk for banks and institution for more than 20 years. However, I realised that I have more experience and knowledge than 90 percent of the population. So after I sold my business recently, I realised that I should be doing my own trading because I have a head start of 20 years ahead of all the new traders. So why not?

You ask people to move into trading showing them your big gains not the trades you lost big on, don’t show them your portfolio in order to sugar coat the lifestyle and magic key to beat the matrix, but in reality you know that someone’s loss is someone’s profit. Lot of idiots in the market will not necessarily make you genius but in the long run that habit of gambling in the market will help the 5-6 big gains community to move upto 10-12 big gains.

95% lose money because they want to earn quick money. Trading needs proper knowledge and proper education, and never give up.

Wondering how many school teachers quit after 2 years 😊

Im gonna be part of that 5%

@e-ht5xq

2 ай бұрын

🤣

For that lifestyle change. I h8 working for the man. I am now working for myself.

you'll learn everithig but winning...the learning process is just a panoramic side tracking strategy of the market.

TO BE TOTALLY HONEST? Like really honest? The money is cool, Yes. Money Good. BUT...... To be completely honest? I'm into trading because its freakin FUN bro!! OMG ITS SO MUCH FUN!!! I LOVE IT!! It's a challenge!! I'm learning a new skill!! I just want to see how far I can go with this thing! I have NEVER EVER been into money like that. Never really concerned me cause I didn't like what money did to people. How it changed a lot of people for the worst. SO it's very strange for me to be into something that deals with making money. I TRADE BECAUSE ITS FUN!!! And when something is fun to you? You get good at it naturally. So there!!! I SAID IT!! GOOD DAY SIR!!! I SAID GOOD DAY SIR!!!! (*Walks out of room)

This so true.

I agree , I'm profitable but I'm not making much more than I was in construction. However I have gained a vast knowledge of what's really going on with our financial system since I changed professions

@justicebratcher

8 ай бұрын

do you work less hours?

@ihunt12903

8 ай бұрын

@@justicebratcher eh it depends , I assume the better you get at sticking to your strategy and executing it , the less you can work . But since I'm still developing and learning to execute it perfect and consistent, I would say I probably work the same if not a little more . However I'm not breaking my back , I'm breaking my mind which I'm ok with lol

@elisamuelvazquez9672

8 ай бұрын

“Much more” if you’ve managed to replace even 50% of that income you’re better off than most everyone getting into it. Just keep going. The sky if the limit.

@bryce223453

7 ай бұрын

Nice! Making about as much as you did in construction isn't bad. How long did it take you to get to that point?

@yeatbh7656

6 ай бұрын

That’s actually really cool, W

Own assets and equity

Well at first I was triggered by “quit after two years if it doesn’t work out”, but hey, everyone is trading their time for this new skill. So it’s only reasonable for them to speculate their success.

I just want to try something different. I’m so tired of being poor. I know Trading is not a solution to my problem. But its really something that interest me. I’m a councilman. And i dont have money. I dont want to steal from the people so im trying everything i can.

Honestly.. am I the only person who doesn't want to be a "funded trader" ?

@MoneyballAustin

6 ай бұрын

many out there my friend. It's attractive for those who don't have large capital.

I'm into trading bcoz i realised being a Trader is like a Spiritual Calling... Trading is not for anyone and I'm planning to be a Trader for the rest of my life.

Well, the 90% traders that lose money aren't trading at all. Blowing an account within a day trying to make a home run isn't trading. Start small, think Big.

NICE Congrats to you

95% end up losing? Maybe for the first few months of learning trading yes its true but for years of experience the chance of losing is maybe only 20% per month.

It’s not that 95% lose, it’s that they quit. Just don’t quit, don’t be negative, don’t be impatient, don’t give up.

95% lose because they read and listen to the same regurgitated information that major institutions propagated to take their money. Find the right strat around that and lock in a good r/r and you will eventually be profitable.

I'm here not as a trader, but trying to be an investor. I made the mistake of not building a 401k/IRA early in life so I am trying to make up for a lot of lost ground. So I am not quitting. My quality of life at retirement age may depend on it.

It's the hardest job in the world and it's not meant for everyone. It's a journey towards self development and seeing the corruption's LIVE streams.

Thats what i love about it, its a toigh gug and only a few make it!

Great answer

Im in to it to prove im worth it. To prove im not in 95%. To prove im not a quitter. To prove i can do what i set my mind to. And most important. Not to prove to anyone. Don't care about opinions. Prove to myself. Don't advise noone to start trading though. You most likely will loose and give up anyway.

@MoneyballAustin

7 ай бұрын

Best of luck on your journey my friend!

Better get a membership for library.