okay um
i've re-recorded this video like five
times this morning i need to teach you
guys a very very important rule
and there's a difference between a
beginner day trader an intermediate day
trader and a professional day trader i
want you all to get to this level that
professional day trader and you need to
do this
[Music]
welcome back to the channel everybody my
name's artie and this is the moving
average the intro is not important
what's important is the message of this
video i see so many people literally day
in and day out they message me they
email me i see it in the comments of
these videos
here it is okay a majority of the videos
on this channel are based on beginners
they teach you the fundamentals of
candlestick patterns trend lines support
and resistance knowing that price action
is king and during this process you get
to use a lot of indicators to help you
see things that your eye isn't trained
to see yet here's the difference between
a beginner an intermediate and a
professional trader a beginner trader
doesn't know anything they need to learn
the lessons there's a hundred and eleven
videos on this channel teaching you all
of the lessons an intermediate day
trader knows all of the beginner stuff
they know all of the key components into
becoming a day trader and now they're in
the phase whether they're losing money
or making money or in demo they should
be in that demo phase the back testing
of the strategies the forward testing of
the strategies making sure they can make
a demo account profitable before using
real money this process right here in
the middle is the most important and it
is the one that i want you guys to focus
on the hardest like i literally need you
to understand how crucial this part is
that you're in right now why do we back
test we back test because if we back
test properly and we see the results of
our testing we can actually use that to
go on into the future because we know
through our back testing that it is
profitable you wouldn't go forward to
the strategy that has a 20 win rate and
a loss of 200 on the account you back
test you see the results you move
forward still on demo everybody
understands this but the one thing
they're really struggling understanding
is that this needs to be treated like an
algorithm like a machine like a computer
making decisions not you emotionally
this is why i advocate so intensely you
need to have a rules-based strategy for
example with mine the price needs to
cross the 200 and then re-test on the 21
with the rsi at a certain level like
there needs to be specific rules met in
order for me to enter a trade if you are
not trading with a rules-based strategy
you are trading wrong and you will never
get to that professional level so if
you're a beginner right now just keep
watching the videos absorb all of the
information that i have on this channel
if however you are in the intermediate
category what i need you to do is really
just stop right now and reevaluate is
every single one of your trades based on
rules if it is not start doing that
if you are entering based on rules are
you tracking every single trade that you
do to track your progress as well as
your past if you are not doing that you
need to start right now that one thing
is going to get you to the professional
day trader at that point once you've
strategy tested and once you've forward
tested on a demo account and you see
profitability and you move into a live
account and you see profitability if you
are profitable on a live account using a
rules-based strategy you are no longer
an intermediate trader you are a
professional day trader you are
consistent you are systematic you treat
it like a job you come into work you
follow the rules and you make money and
you do that consistently day in and day
out you have losses and you have wins
but overall you are profitable i
literally have no idea how many of you
guys actually needed to hear that and
know that that is the process i really
felt like i needed to make this video so
hopefully this helped you and what i
have actually done now is categorized my
videos
i have a newly formed beginner playlist
that you need to watch in order if you
are still a beginner and learning how to
trade i need you to learn all of the
fundamentals if however you are
intermediate and still going through the
growing pains of wins and losses and
breaking down a strategy into
rules-based trading i now have a
playlist for you as well both of those
are right here and if this short video
convinced you that it's possible to be a
profitable day trader and you like me
and you like the way that i teach
consider subscribing to the channel by
clicking this button right here thanks
so much for watching and we'll see you
in the next one oh [ __ ]