Day trading is a very difficult journey,
but certainly one that can be very rewarding and is likely going to change your life.
Wait. Let’s start from the beginning.
[rewind]
Hello everyone, my name is Shay aka humbled trader. I started day trading in my early
twenties and have certainly matured as a trader and a human being over the last seven years.
It was never easy and I have sacrificed a lot to get here.
Day trading has been with me through some of the most
transformative years of my adult life. In this video, I want to share with you
some of my personal stories about how day trading changed my life.
I also want to share with you what I’ve learned over the years as I matured and grew up as a
trader and as an adult. Because believe me I was little sh@#$% head in my early twenties.
By the end of this video, you will be able to decide whether this journey of day trading
is worth it for you to continue. Because while it is very difficult indeed, it’s certainly
very rewarding and is potentially life-changing for both better and worse
Before I start sharing my stories, please remember to drop a like and
subscribe if you want to see more videos like this in the future.
So let's start with the low hanging fruit. What everyone thinks about first
when they see the biggest benefit of day trading.
Which is: The financial freedom and independence from a nine to five office job,
and for me it was more like a nine to seven, sometimes 6-7 days a week office job.
Even though this aspect isn’t the biggest positive change learning to day trade has
done for me, I cannot deny that financial independence is indeed a very crucial benefit
As I’ve mentioned before in some of my previous videos on this channel, I was grinding away in
an unstable job in Film & VFX for many years before quitting that job to day trade full time
I was unhappy working my job, the long hours, the dark environment, and the negative and
sometimes even hostile culture in the industry were extremely depressing. Even though I slowly
worked up my salary overtime from starting at 50K a year to 100k, the contracts in the VFX industry
were never consistent and there would be many months in between where I would have zero income.
And that’s the reason I started learning to day trade in the first place.
And day trading was my part-time hustle starting
in my early twenties. Fast forward many years later all the hard work had paid off
Because of trading, along with all my savings from my job, and living frugally, I was able
to quit my 9-7 job, pay off all of my student loans debt, and purchase my first home in 2016
And the beauty of day trading is, once you get through the first few years of
struggle and losses, you learn about what strategies work, how to manage your trades,
and most importantly, you start understanding how and when to scale up
That’s why for beginner day traders, it’s so important to have a solid foundation
in risk management. It’s from there that I started seeing exponential growth in my trading account
Learning to day trade has helped me reach financial independence. I no
longer need to worry about whether a film production decides to extend my contract,
or whether my boss would grant me a $2000 raise at the end of the year
When you are day trading full time, your earning potential is longer capped by the
number of hours you work, but by whether you have the skills to capitalize market opportunities
Financial independence from day trading has also allowed me to give back as well. What most people
see in the financial rewards of trading is often portrayed in big mansions, private jets,
or fancy cars. I personally don’t find meaning or happiness in any of those materialistic things
But I am extremely grateful to be able to support my immigrant parents and other loved ones in my
life, and support many social causes around the world that I care deeply about. It makes me very
happy and fulfilled to give back financially. And you cannot put a price on that feeling
Okay now that we got the financial freedom aspect out of the way.
We can finally dive into the real, and more substantial benefits of day trading
The second-way day trading changed my life, is that it forced me to look inward inside my habits,
and my own emotions and character. In other words,
day trading is the best and most expensive self-development program you will ever enroll in
and because of day trading, I have never been more content and at peace with myself. Let me explain
As day traders shorting the volatility in the market,
we see the deepest human emotions in ourselves within a span of a few hours,
that most people would need the rest of their lives to experience
All the highs and lows, the Fear, greed, euphoria. The market magnifies all of those human emotions.
And serves as a mirror for all traders to reflect on first hand
In order to succeed in trading, you need good control of your emotions and discipline. So I was
forced to look inwards and really analyze my personality flaws and worked on them
I used to have some deep-rooted anger issues. While I dont think that’s something
I can ever completely fix, trading has forced me to acknowledge those flaws
early on in my career, and I’ve since then been consistently working on them, every single day
And huge tip I’ve discovered that really helps manage your anger is
to destroy that like button at the bottom of the video
Did you had a bad day trading? Your husband or wife yelled at you for not taking out the trash,
just take out your anger on that like button. 43;50 or 44;14
Trading forced me to grow up and really assess my own self and observe situations in a calm
manner. Because if inside here and here is a mess, my trading is going to be a mess as well
If I lost money trading, it wasn’t because of manipulators or market makers,
com’on let's be real here, it was likely because
I was a young 20-year-old angry sh@#$% head and lost emotional control
This is just one of the many instances that trading had forced me to take charge
of my own self-improvement. And I want to argue that this is probably the case
for most successful day traders as well
If you want to maintain discipline and self-control, you have to look
inwards in yourself and take responsibility. Otherwise you won’t make it as a day trader
Day trading has also magnified my personal strengths as well. I am the kind of person
who naturally sees a glass half full rather than half empty. I think I had lost
a lot of that positive outlook during the years I was grinding away in my former career in VFX.
But because trading got me out of that dark times, I am so grateful to see the light again
I see the daily volatilities in the market as an opportunity to prosper. Every day is new,
different, and exciting. And even if you didn’t have a good day today,
the market will still be open again tomorrow
That being said, day trading has taught me to remain humble. Because anytime you go all in
and get too overly confident, the market will destroy you and your trading account
As a day trader for over seven years now, I’ve definitely more than understood that
the more I learn about day trading the more I realize how much I don't know
That's why the market consists of traders and investors who are humbled,
and those who are about to be humbled. Hence the name of this channel, Humbled Trader.
Besides making me a better person on the inside, the third-way day trading changed my life,
is that it had shaped my outward appearance into a more confident and independent person.
No, I’m not talking about the superficial stuff like it afforded me to drive flashy
cars or wear Gucci belt and seem like I'm above everyone else.
Day trading has enhanced my critical thinking and enabled me to make
real-life decisions independently without relying on other opinions or approval
You need to learn how to make your own trading plans and not be sheep
and follow chat room alerts. And if you practice this daily in trading, the skill
will carry outwards to your day-to-day life as well.
This is very true for my personal relationships, friendships, and certainly on social media
At the end of the day, I have to do things and make videos that I genuinely enjoy.
You are here for my style and my bad jokes after all, not John Doe’s opinions in the comments.
This is the reason I’ve always dressed the way I feel most comfortable in,
I drive the same old car many people criticize,
and I don’t care to consistently show off my profit or losses from trading
Because even if you post your statements online, there will always be people who
say those are fake because it doesn’t include your legal name or address
Wow, she is hiding her personal information from her 800K followers on YouTube, that is so sus
The only person you should spend the most time assessing and working hard to seek approval from
is yourself. And once you’ve truly acknowledged your own shortcomings as well as achievements
in trading, that’s when you truly have made it not just as a trader, but also as a mature adult
And just on a very personal note, ever since I immigrated to Canada from Taiwan
I’ve always struggled with self-image and lack of confidence.
I was always the odd one out, the kid who has less than everyone in every sense of the word
And therefore I was always the last choice for everyone. Whether it’s school projects,
team sports, or prom. Spoilers, I didn’t go to prom, because nobody picked me
Because of that lack of confidence I’ve had so many toxic friendships and relationships
in the past. When you don’t think you are good enough, you don’t know that you deserve any better
And this is perhaps the most substantial and positive way day trading has changed the my life.
Whether you are a woman, a man, or gender-neutral,
I think this is something you can certainly relate to as well
Because of trading, I finally started to embrace myself and grew to be thepositive
person I am today. I became confident taking risks in the market and in real life
I became more proactive in meeting people, in trying out extreme sports like pole fitness,
and I started this YouTube channel in 2019.
Which is something that a 19-year-old Shay never would have had imagine
While I know I may never be a perfect trader nor a perfect human being,
I am confident in my own ability to day trade and thrive in the market volatility.
I am confident that if I approach each new day with a positive outlook,
life will give back in many unimaginable ways to me and those around me
When you’ve proved to yourself that you CAN do this,
you CAN day trade. And you have done the inner work yourself,
You don’t need to seek outside validation or settle for anything less than you deserve
We are all humbled traders. Day trading is a difficult journey,
but certainly, one that has been very rewarding, and is likely going to change your life
If you enjoyed this video, please remember to drop a like and subscribe.
If you’re interested in learning more of my trading strategies and especially risk management,
feel free to check out the Humbled Trader Academy on my website. Thank you guys so
much for watching as always, I’m the humbled Trader and I will see you guys on the next one.