DayTrader Motivation

[fedorvonbock16]

this guy is good he said he once made 40,000 dollars on a single trade

[martialartslangatang]

gota be more excited about winning than scared of losing. cool vid

[maximusbig]

So true!

[fakewaysful]

Thank you soo much for this video, after years I still come back to see it ! Thank You !

[DayTradersWin]

You must friend and subscribe to my channel - hot day trading videos to come

[adam25white]

I need a shirt that says that lol or maby a pair of underwear with that printed on them

[GAFNN]

Gafnn . com Trader Social Network,Check it out.

[TheIgotcramps]

very cool man

[fxopenindia]

i m motivated....i m motivated...i m motivated

[SuperPogo69]

DTRM the movie

[FreeFOREXautoROBOT]

Interesting, but i prefer Free Forex Robot

[arditnyc]

you are the man bro

[rbonilla18]

this looks like miami

[stermr]

Nice video

[tubelincoln]

ready to get axed by Goldman traders

[videocruzer]

you people that hold paper have no idea that it is almost impossible now to liquidate back into gold and silver or even paper money now.

do you even know what a digit is?

if nothing more then a computer bit.

quess what happens to it when it gets unpluged

[maxgunn555]

@videocruzer no thats stupid because by that logic you could just say well what if the paper gets burnt or the gold/silver gets crushed. its nonsense.

[muaytb1]

i'm aware of that but i'm talking about scottrade, not ib. it is doable on ib trading highly liquid stocks with over 25k. cnbnc is part of it, but it is not at all comprehensive. you'll need something like TradeTheNews. I just don't want people with 1 k losing all their money on commission, spreads, slippage, and software thats all.

[Myztikalx46]

I really enjoy watching your videos and hearing your words of wisdom! I am 20 years old and want to become a day trader, I have read The Stock Market Course by George Fontanills (I noticed you didn't mention that book) and really took alot out of it.

Everybody really does try you discourage a job such as this like you say, because it is really breaking the mold but you are giving me the courage to not listen to them!

Will be starting out with 1k @ Scottrade > Living at home

[muaytb1]

1 K at Scottrade day trading at $14 round trip? You will be broke in no time.

[Oilcurls]

@muaytb1 Not necessarily, depends on the magnitude of your edge. Does stack the odds more heavily against you though...

...I was lucky enough to escape 6 months of trading with MyTrack, at $32 round trip (WTF!? lol), at the beginning of my career. Even made $200...lol.

[muaytb1]

just to expand a little bit:

assuming you use all your equity for every single trade, you need to make 1.4% per trade just to cover commission, not to mention the spread, trading expenses (charting software, news feed, etc), etc.

[drowninplasma]

@muaytb1 commissions with interactive brokers are 1.00 per 100 shares, day traders only trade liquid stocks with a penny spread, quotetracker is really good charting software and its free, your newsfeed can be your television, what was the rest of the 'etc' ?

[thomasjcampion]

What movie is the Leo quote from?

[MrMaximus2020]

Thankyou with all my heart DayTraderRockStar your videos and advices have been invaluable to me Merry Christmas man. You deserve all the joys and blessings you recieve

[yipset1]

thank you for posting this video. i used to refer to the day trading radio website when i first started trading for myself after graduation. a year later i am now working as a junior market maker trading wti oil and enjoy it. I am likely to stick at my market making job for another 5 months (1 year in total then) before I leave and trade for myself again - which is why I wanted to trade in the first place. Let the count down begin!!

[andreaus8669]

many of your morons don't get it

[justtrade04]

man i im a daytrader and i feel this hard LOL

[eddyvideostar]

TRADING PANACEA.

I HAVE THE HOLY GRAIL OF DAY TRADING.

So basic and simple, but tough.

1) A good entry (of which you already know to employ.)

2) A pre-planned exit. (of which you have already built the emotions and discipline for: A profit target, trailing stop, or stop loss.)

3) To be aware that its just all you, predicting something that one doesn't really know for sure HOW THE MARKETS WILL PERFORM FROM ONE MINUTE TO THE NEXT -- only that you DO THESE THINGS.

Eddy.

[masonrigby420]

yall make it look so easy let me barrow 25k I think i can make it happin!!!!!!!!

[dieselplow]

If you do it for a year with far less you can easily build up to far over $25K. - To make a living off of it - you do need a good chunk in the bank though. My suggestion - If you have to work - Sign up with Etrade - Trade from a Blackberry - It is how I started during my last job. And then when you ready - dump Etrade and go to a real site and do it full time.

[ddgg2009]

I have a question, I am new to this investing stuff, but wouldnt you lose a lot of money with etrade because of the buying and selling fees from the hundreds of transactions every day? and what about taxes?

[nashvilleoutlaw]

what site do you recommend if not etrade?

[spike230123012301]

What do you pay your bills with? Hope and dreams? Money is the key factor to live your life as you want. Without money it's simply much harder.

[5abicuri]

i cant watch this video

comment me back Ba

[Fullperson]

worst thing: you lose your money, you lose your life

[dawnerjames]

fear of money is a deadly, now respect is something else!

[acoma15]

'What's the worst thing that can happen?'

Best words, thank you!

[wildfratto]

@acoma15 lose all your money trading, your car gets repo'd and you get kicked out of your apartment n move back home with mom... and your girl friend dumps you

[matzoballs]

song is from "The Beach" soundtrack

[Mackoek]

thx

[Mackoek]

any one knows the name of the song?

[9701237]

see my "vids" online now before youtube takes them off again s

[1step2success]

Like your style bro. Thanks for the inspiration.

[Chonch51]

Did you know Zig Ziggler worte this song.LOL

Just kidding.

[xxxIronLeexxx]

Makes me want to blow off everything and go to hawaii for the whole winter.

[yipset1]

the concept of working for yourself is great. but i can only think of the negatives of being a day trader - that is you're stuck in the house staring at a computing screen relentlessly for over 70 hours a week... does it not make you crazy/frustrated/bored once in a while? Sure, the money is coming in but once in a while you must miss having people working around you along with the energy felt on a real trading floor?

Please share your thoughts on this guys thanks..

[EuroS50]

Some of us already stare at a computer screen for that many hours a day, but for someone else.

I'd rather stare at a screen doing something than stare at a screen pretending to do something.

[yipset1]

very true

[TGAcodes]

good point

[tedfreeway]

Besides, you can daytrade at Starbucks with a laptop or anywhere. I wish I could day trade at the beach. :D

[lydelli2004]

my father was a day trader till i got a call that he shot himself from his brother (my uncle) at 3 in the morning... there went my inheritance.

[semp223]

love it!

[kumasuke1]

DayTraderRockStar.. you are awesome!!!

[cybertrader69]

the fucker committed suicide, he drowned?

[turtleturbo1025]

cool

[ecpayne1]

Freedom IS sweet!

[adelar4]

yyyyEEEAAHHH, ITS REAL, ITS YOUR LIFE, THIS MUSIC YEAH.

[santiagoJjavier]

Rockstar, you are a motivation.

[mark123542]

Dude fuckin awesome, ive been like tryin to learn some stocks but kinda unsure if i wanted to take the time to do it but after that video man im fuckin in, you had Travis rockin the drums man from blink how cant you love that shit.

[sirzuke]

Nevermind I found it. The Song if from ORBITAL called BEACHED...anyway I love Orbital! Favorite song from them is HALCYON ON an ON (from the movie Hackers!)

[sirzuke]

Dude....what song is that? Love it...I keep coming here to the page and replaying it over and over!

[FlatlandShooter]

Original Message:

> hi Bill. Momentum and price divergence are 2 big ones...

Good afternoon DaytraderRS,

I tried to respond to your message but kept getting an error message.

Thank you for taking the time to respond. For trades that I hold overnight, my poison of choice has been the SSO/SDS and UWM/TWM's. For a while now I've had little luck holding individual stocks overnight. They gap, but against me.

Again, thanks for your response.

Bill

[edisonin]

beautiful place,and besides daytraing ,you're also good at making a film ,hah

[sirzuke]

Nice music.....felt like I was at the club with a long island iced tea...Way to go!

[FlatlandShooter]

Very nice and super relaxing.