so you want to become a successful day
trader you see all these people on the
internet making millions of dollars or
thousands of dollars per day
and you want to get in on that i'm going
to tell you right now it is a very
useful skill to learn so in this video
i'm gonna show you how to become a
successful day trader
and i'm gonna tell you my story on how i
became a day trader
[Music]
welcome back to the channel everybody my
name is artie and this is the moving
average a show where we discuss
everything day trading to keep you
profitable on a consistent basis
okay so i put a poll up on our discord
group to see what videos you guys wanted
and i got a lot of votes for the story
time how i became
a day trader so i'm going to tell that
story but first
for all the people that came to this
video for how to become a successful day
trader
what i need you to do is watch all of my
videos
if you watch all of my videos once or
twice or three times and use that
strategy and
back test and actually use it have a
rules-based
trading system do not get in on a trade
unless you have three or four
confluences
showing you that yes you are correct in
your analysis
watch the videos back test like a maniac
back testing is extremely important it
lets you know that
yeah your strategy works a certain
percentage of the time and then you need
to forward test but you don't forward
test with real money you forward test on
a demo account
you forward test your strategy live
trading getting in and out of trades on
a consistent basis with a nice winning
rate
a good risk to reward ratio and after a
month
of successful demo account trading where
you
are showing a good amount of profit
that's when you can actually
start trading real money and that's how
to become
a successful day trader it is super
simple there's no magical indicator
there's no magical strategy it's time in
front of the charts
it's learning the mechanics of price
action it's learning the mechanics of
day trading and how to work the markets
in your favor this took me an
extremely long time to learn i made
massive mistakes and lost lots of money
along the way
that's why i created this channel to
show people
how to use these strategies properly so
that they don't make the same mistakes i
did
if i had my videos when i first started
it would have saved me hundreds and
hundreds and hundreds of hours
that's why i'm teaching the way that i'm
teaching i'm teaching in a way that i
wanted to learn
but that didn't exist on the internet so
watch the videos
back test and forward test on demo
that's how to become a successful day
trader it's simple
just do it put in the time put in the
effort and you'll get there now on to my
story
how did i get into day trading
technically it started a long time ago
when somebody was like hey
open up a scottrade account and get
penny stocks that was a huge
mistake don't ever do that like
scottrade doesn't even exist anymore
but now with the progress of the
internet and all the different tools we
have at our disposal like now
i know what i'm doing with day trading
so that was my first taste
into the stock market and price action
and doing yeah but it was a mistake and
i left it alone for
many many years almost a decade fast
forward into the future i moved halfway
across the world
i had money in my bank account and a
child on the way
and i was like dude i need more money in
the meantime
i was working on my youtube channel i've
had several youtube channels over the
years
but this was like a private
inspirational motivational talk
kind of youtube channel and several of
my videos went pretty viral but this
latest one caught a lot of attention in
the country that i was living in
i'm gonna link the video right here it's
the things i like
and don't like about living in poland so
that got a lot of views but it also
got a lot of emails sent to me and this
dude emailed me and he's like
hey i saw your video on youtube i like
your style
i like the way you talk and whatnot so
he's like let's sit down for lunch i
have a proposition for you
and i was like why not so i went to
lunch with this guy and like
super fancy restaurant like wine and you
know
high-end food i didn't eat anything
because i thought it was like an
interview
and so he started pitching me the fact
that i could make videos for his company
creating a youtube channel for his
company which was a cryptocurrency
exchange and i was like
that sounds great i'll do it i literally
knew nothing about cryptocurrency i knew
that bitcoin existed but i had no idea
about any of this
but i knew marketing i knew video
content i knew how to edit i knew how to
film
i knew how to do seo so search engine
optimization i knew how to rank videos
and i figured if somebody's paying me
for it like i could do a damn good job
anyway i got the job literally the next
week like i was there
you know buying up equipment setting up
my studio and everything and i started
learning about bitcoin about ethereum
about
blockchain about all these things and i
started making content like
keystone content that evergreen content
like what is bitcoin
what is ethereum and those videos were
like the foundation of the channel
but then i needed more content kind of
like you know
what's the price of bitcoin right now
what's the price of ethereum so every
day i would do
a current price of cryptocurrencies
video
as i did that i started seeing these
huge fluctuations like a spike of three
thousand dollars in a day and i was like
there's something to this there's gotta
be like more information so i started
researching online
and all of the different ways to analyze
prices
and crypto analysis videos online like
are horrible it's just these weird dudes
talking about
blockchain and like how this is
revolution so i went into
okay who knows trading the best and it's
forex traders because the 4x market is
the largest market and has the highest
volume every single day
so i started watching these tutorials on
how to like you know read price action
and with my brain and my skill set like
i'm really good at math i like
numbers and this was like a puzzle to me
so
i just dove head in like completely
immersed myself in this i was
learning all of these strategies and
different price action things
eight to ten hours a day i consumed
information like a
madman so for a few months i was just
eating as much information as i could
and then once i felt comfortable i
actually started incorporating my
knowledge into my videos and analyzing
the price of bitcoin and ethereum and
which direction it's going to go when to
buy when to sell
when it's going to start reversing and
that caught a lot of attention
i started buying up crypto along the way
and
that channel actually grew right now
that channel is at 10
000 subscribers but has not had a video
up since i quit
don't go looking for it i don't want
them to get any more subscribers but i
do have a
cryptocurrency channel that has over 10
000 subscribers so this whole youtube
thing is not new to me i've got two
channels over 10 000 subscribers
this is my third so as i became better
in analyzing the price of
cryptocurrencies i also played in forex
trading i started an account
i started day trading i started making a
lot of mistakes
but then i started having success after
success after success and then i
realized like hey all of this knowledge
is coming into one cohesive like
good trading plan and i started to
become a successful trader
so much so that i was able to leverage
all the cryptocurrency that i bought
along the way since that like really low
point in march
the black thursday or whatever it was
called i had amassed over 100 ethereum
and so
i started trading that and i actually
went on a really big
short position ended up making ten
thousand dollars in an
hour and a half and with that money i
was able to be comfortable enough
to quit that job and to start this
project so i've been day trading eight
to ten hours a day full
time for the last several months and now
i decided to teach people exactly all of
the information that i know
via this youtube channel but for me to
get to this point
took over a year of like
seriously eight to ten hours a day
watching youtube videos
reading books on trading like every
piece of information that i could find
on trading and markets and forex and
crypto
i consumed it and then i demoed it and
then i back tested it
and this is what it takes to become
a successful day trader and i'm not even
at the level that i want to be
i have people that i look up to that
make substantially more money than me
every single day but i will get there
eventually
and this is just another step in my
journey so if you want to start your day
trading journey
what i need you to do is know that it's
going to take
a massive amount of time dedication
and the ability to actually do this
in a mathematical way you have to have a
certain strategy that has
rules you never get into a trade because
of your emotions you're like oh yeah
fomo like i'm gonna get in you always
get screwed that way
you want price action you want momentum
you want your indicators you want
confluences
across the board and you want to be a
methodical
trader you want to do the same type of
trade for every single trade that you do
that is your strategy you have rules
behind it and that's how you're going to
find success in day trading
so if you have not already please watch
all of the videos that i have here just
this library this small library of
videos
is going to make you 10 times better of
a trader than you are right now
and i mean that's my story so if you
guys enjoyed this story time video and
you want to see more videos like this or
learn more about me
leave a thumbs up leave a comment saying
yes subscribe to the channel if you have
not already and we will see you in the
next video