just imagine not having to work for
somebody for the rest of your life and
like
having to drive in traffic to go to work
and doing things that you don't want to
do
not being in full control of your life
these are the things that people
struggle with
every single day they have to wake up
they have to go to a job that they hate
people are looking for and out from that
life they don't want to live that life
because it makes them miserable
then you start googling like how to make
a hundred dollars a day how to make a
thousand dollars a week
those things lead you down the rabbit
hole to becoming a day trader
so most people think that becoming a day
trader is the key to unlock the true
potential and freedom of their life
well i'm here to tell you yes and no
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
today's video is just going to be a
discussion about becoming a day trader
i know that there are thousands of you
out there
looking to find a way to make money
online without having to go to a job
that you don't like
the reason i said yes and no yes
it can make you a lot of money in a very
short amount of time
compared to what you do working hours
for somebody else
the reason i say no is because not
everybody has it in them they want it
now
they're not patient they're not willing
to put in the work and that is the
biggest problem
new beginner day traders want it right
now they don't want to put in the year
of
learning that it takes to become skilled
at this
to get out of the emotional trading
mindset where
every single trade is an emotional
decision and then you have a loss after
a loss after a loss
it took me a long time to do this i
demoed for a very very long time
then i put in real money and i lost it
all like it just went away and i was
so shocked the difference between
trading on demo
and trading real money is like i would
be so
stressed out and sweaty when i was
trading because i wasn't sure about my
entries i wasn't sure about my strategy
these things you need to get out of the
way when you're first starting
you need to get the growing pains out
you need to feel what it's like to trade
real money but you can't trade your real
money until you have the confidence to
do so
that's why i suggest creating a demo
account with a hundred dollars and trade
with it like it was real
once you've done that for a month and
you're consistently in profit
then try real money but do low lot sizes
that way when you do lose because it
will happen it won't hurt as bad
it's muscle memory it's getting used to
the fact that you can lose money
and win money every single trade once
you've gotten so accustomed to actually
losing and winning and trading real
money
that's when you build the confidence
that's when you gain trust in the
process you know that you'll lose some
you know that you'll win some
but you're already used to the emotions
that you feel when you do trade
i was helping a friend set up his
account the other day and actually put
in real money because he's been demoing
for about a month
i've seen his demo trades and i can see
that he's being reckless
he's using all different kinds of lot
sizes not really getting good entries
and so yesterday i helped him
pay in real money and he's already down
20
in one day because he's not used to
trading real money if you want to get
good at day trading
you have to start out somewhere you have
to learn the material you have to learn
market structure you have to take
every single beginner tutorial that you
can find on the internet most of which
you can find on this channel and you
need to know it like the back of your
hand you need to be able to regurgitate
this information
off the cuff then once you feel you're
ready then start demoing
play every single day every minute of
every day that you have a chance to when
you're not working your normal job or
you don't have your daily
responsibilities
you should be practicing trading then
after a few months of demoing and being
successful and going through the losses
and going through the wins
and you feel comfortable enough that you
can do this with real money
only put aside a small chunk a hundred
dollar account
is completely acceptable to start with
odds are most likely you're gonna blow
that hundred dollars
but it will be a great lesson to learn
you wanna be a day trader
you have to go through the process
there's no shortcut in this
you have to learn you have to grow you
have to get used to it
and you have to be consistent and
patient so this is a message to
all the new beginner day traders out
there if you are struggling
there's a reason you have not given it
enough time
take the time do the work and eventually
you will get there you will have the
same testimonials
that these people that you look up to
have if you guys are still watching this
video that means that you like the video
so if you wouldn't mind
please smash the thumbs up button down
below subscribe if you have not already
and
over the next two weeks i'm gonna be on
vacation in egypt
so there won't be a video every single
day but i will get as much content as i
can out there
thank you so much for watching have an
amazing weekend and we'll see you in the
next video