hey what's up guys so uh i think this is one of the most asked question to me
uh on a lot of communities and also i think this is the most searched uh
video uh for stock how do you make 100 bucks a day
you know trading right that's that that's the question now
let me be honest about it so here's the deal so if you have the money
100 bucks easy okay so this video is you know if you have the money you
can still use these things okay but my focus on this video is going to
be for people who don't have a lot of money because if
you have the money and if you follow these things you will
easily make 100 bucks a day no ifs and buts okay i'm actually going
to show you things that you need to do i'm
not going to go tell you you know do this stay
disciplined be consistent oh journaling blah blah
blah blah bl bullshit can i say bullshit on the video
yeah cool so uh i'm not gonna talk about all those
things i'm straight i'm gonna tell you what you need to be doing okay so let's
get at it so
let's pretend that you know you got a thousand bucks if you have more this
that's even better it's gonna work even better so
i'm gonna pretend that you have at least a thousand bucks
and we're gonna find loops and holes holds whatever we need to do
to make you that 100 bucks a day trading okay so that's our goal right here
got it so let's say you have a thousand bucks right so
can you realistically make a 100 bucks a day trading
um make sure you have a margin account okay make sure you have a margin account
um and robinhood does a great job of providing uh margin i think if you
pay five bucks is it five bucks for gold account what was that robin
hood is five bucks per yes i think if you fit five bucks i think
you can get a huge margin uh as well the reason i say that is
because not that i want you to use the margin all i want you to be able to do
is use that funding right away that's the whole goal
now i will be focusing on two plays so volume play
and rsi play so volume play is going to be
sort of like day trading so you might not be able to do it every day okay
keep that in mind but but the rsi plate you should be able to do it uh you know
you should you're going to do it every it's it's
it's going to be a swing trade it's not going to be you won't be doing it every
single day so let me explain the difference okay so
volume play is pretty much very simple what you do is uh you get up you get up
in the morning right and take get your coffee get your coffee
uh you know watch my instagram stories right
and once you do it once you do that and you know go to your uh
take a dump do all those things and you don't you see most people think that
they need to wake up early in the morning to
you know catch the fish see you don't need to so
here's the deal so you wake up right and then you know just
watch the market get on fin biz and see what's getting the most volume okay
here's my advice to a lot of people okay so suckers
in the morning are buying crazy stuff random stuff okay
and here's the deal so so if you're doing a volume play just wait till you
wait till like you know 30 minutes to an hour then you're going to see the volume
most volume right here okay top gainers
you'll see the volume right here you want to go ahead and open that up on
your uh you know brokerage range account or trading via whatever you use right
and here's the deal make sure you are looking at
once that has a lot of volume why because
that means there's so much liquid money going on and we can make good money from
it okay so make sure of that now here's the deal so
once you find a volume one you're going to go ahead and open it up
somehow on your trading system now the idea here is to make at least a
minimum of 10 pennies to at least 10 pennies to 50 pennies
per share okay that's one thing and number two is you're going to be looking
for you know for example zoom right here we won't be playing this one right
uh so what we're looking for is stocks that's like
under five bucks three four dollars usually you'll find bunch that's a
dollar fifty two bucks right so these ones
right here they went up earlier today but in the morning
they were like a dollar fifty right so you'd find them right
here now once you find it you're gonna put it on your trading system
and you're gonna find a good entry point now good entry point
if you don't know how to find a good entry point there's a video for that
on my youtube channel go to the playlist and you'll see entire
stock videos there's a special video that i made which will tell you how to
enter and exit a trade now so you get on right you get on you get
on and you wait you see the gap right here and you wait
on so this is old this is an old date so uh you get on right let's see right here
let me show you the one with the volume when we had a run up okay right here too
that's fine so when it goes up right you're gonna
see these these are gonna be this it had so much volume that day take a
look at this right now what you do is this okay so what you do
is you find a good entry point you enter right and you ride the wave till
you see a confirmation that it's falling down and just look at it so
you went from 1.50 to almost a dollar 84 that's
pure 40 cents in profit per share so if you find a good entry point and
then you ride it till you see this contra so you
see this red bar first red bar you see the second red bar get out okay
and you made almost 30 to 40 cents per trade
just keep that in mind okay and make sure you are
willing to lose at least 20 to 25 cents per share that could happen okay
but if you have a good entry point and good exit point
you won't have those problems but always as traders we have to realize that we
could lose money and we have to make sure
our we know what our maximum loss amount that we're willing to take
for that trade okay that so once you do that
boom you can make money like that so but keep in mind
so we're talking about people who don't have a lot of money on their brokerage
account so you won't be able to do this every
single day because this is going to count
as a day trade but as being clever we are what we're going to
do is you're going to go ahead and open up
multiple accounts and brokerage okay you're going to have some cash on
different brokers and things like that and
sometimes what you might want to do is if you want to right let's say we
have a thousand bucks right we might sometimes what we might do is this okay
we might divide that money into two brokerage account okay
if we do that and we are willing to pay i think uh
robin who does five bucks and other brokers to like you know 10 bucks
something like that okay some brokerage will give you extra margin as well
and in that case is just put some money on there and
use you know do day trade with multiple brokerage accounts because brokerage
they don't talk to each other okay so with a margin account
you can day trade every day but you have to have
you know multiple brokerage accounts does that make sense yeah it does
it does make sense so you can do that you're like oh do i have to pay a margin
fee keep in mind depends on your brokerage
but sometimes a broker uh will not charge you a fee if you just
pay that back on the same day does that make sense it
does it does so let's say you borrow like
let's say you know you got only five you know a thousand bucks
and like i said sometimes you have to pay that premium fee on some brokerage
that's why they give you a margin right um in that case sometimes you don't have
to uh you don't have to pay that fee interest interest whatever
that thing is you don't have to pay that but
some some brokers will make you pay that some brokers have minimum
amount that you need so it depends on a broker but i'm sure you can find it okay
so you can do a volume play now what is an rsi
play so rsi play is quite simple so what you're going to do is you're going to go
to you're going to go to you're going to go
to google and find earning calls you know coming up for a stop so what we
do is we can go to um earning call calendars and we're
gonna find companies that have been around for a
while you know they're decent companies right
and that have rna calls coming in so what we're gonna look at
is the rsi so rsi goes up and down up and down up
and down right so when the rsi is at the bottom
right the price should be the strength is not that good
and the price should be lower as well you're going to see the see a pattern
okay and once you realize that there is a
pattern what you can do is you can buy when the rsi is low and then
it will tell you like let's say it might take three days for our side to go up
so you know you need to sell it in three days so you have to
pre-plan it but it is possible that's called the rsi
plate so let's find something here okay what is a decent side mid size company
that i can talk about here today let's see
what's the mid size comm mid mid-cap company that i can talk about today
yeah let's see if you can look it up so so
our cycle let me see if i can draw it here i don't know if i can draw it
oh i can draw it here let me see so the rsi goes up
like this and this right like it goes up and down like this right now
what you can do is you can see uh well the drawing went away but whenever
the rsi is down right here right like right here uh
this is when you would buy it and then you know
how long does it take for that rsi to go from here to here
it might be one day it might be two days it might be three days that's the whole
play i think you got it so that's it um let's
move on let's click done here
and that's it so if you do that you should be able to make
100 bucks a day trading now on the comment box
tell me because a lot of people have a unique problem and
it might have a unique solution to it right so i might not have covered it on
this video so do me a favor okay number one like this
video if you enjoyed it number two make sure to subscribe if you
want videos like this if you want me to dance around talk
around all day long about stocks if you subscribe and i will make sure my
goal for this channel is to make sure that you know once you
subscribe i want to do two things okay this is not
a prank in our channel number one i'm gonna make
sure that i add value to your life and number two the best part is i'm
gonna make sure i'm gonna show you ways how you can
fill your pockets and your banks with money okay that's it guys thank you so
much on the comments tell me if you have any questions and
i'll answer them personally for you thank you so much
you