 What's up everybody this is Giovanni from the options trading channel here with a different type of video for today the markets are slow I'm not getting any signals and it's a video that I've always wanted to make it for quite some time but just never actually done it full disclaimer this video I'm making it's not a hate video it's not any type of you know let's expose them I have nothing negative to say about any of the traders that I'm about to talk about it's more so just pointing out facts just pointing out a couple things that I believe that a lot of beginners especially don't realize especially whenever you get onto my videos and you start watching my videos my trading that I'm only trading with $200 $300 $500 whatever it may be and then I'm only making you know my $5 here $30 there maybe $40 there it's to me it's about the percentage gain it's about the percentage gain and the consistency there and of course the underlying sort of strategy overall nothing but love for my boy Patrick Whelan that I think he's an amazing trader day trader but what a lot of people don't understand is when he makes $100 $200 $500 whatever the case may be he's actually trading with $8,000 $9,000 $10,000 somewhere around there or or a little bit more somebody like Ricky Gutierrez he's trading with 20 grand $25,000 $50,000 trades and he's making his $1,500 or whatever it may be and it's it's it's impressive those numbers in itself are impressive they have a lot of faith they have a lot of confidence and in the strategy and whatnot that's awesome great but what a lot of traders don't don't quite understand is they only see hey I made $1500 in an hour or whatever it may be but they don't realize that man like you need a lot of capital to to make those those returns those trades instead I like to break it down in terms of percentage gain how much of your money are you actually making so whenever I'm trying to make five to ten percent again I'm only trading with you know $500 or whatnot but if I can make that consistently every trade it's game over and I don't maybe I don't necessarily express that enough what I'm trying to do here what my goals are but trying to make five to ten percent in the options market it's not necessarily that hard and it is doable but it's quite impressive if you really think about it whereas I'm only you know placing a $500 trade with enough time with enough confidence enough practice trial and error all I have to do is scale up my trades to five thousand ten thousand dollars where I'm making five to ten percent where that's all of a sudden you know five hundred dollars a trade a thousand dollars that I make and on top of that most traders are trading on margin and again that's a whole another different sort of opinion whole different subject topic that I can talk about for future videos but for beginners in my opinion I don't believe that you should be trading with margin margins basically you're borrowing money money that isn't yours you're bar borrowing money from the broker and if you can't learn to trade with your own money make and lose your own money I don't believe that you should be trading on margin account you can get into a lot of trouble totally different sort of video here today something I just wanted to bring to your attention that you know these people that are making five hundred dollars a day trading they're they're putting a lot of skin into the game and that's that's good and bad but I want you guys my viewers my subscribers to first understand the basics of trading understand the emotional side of trading your strategy whether it be your entries your exits things of that nature and I'm here to help you guys comment down below if you need any help if you have any questions you have my email I usually get back to you within the day within 24 hours so if you have any questions I am always around give this video a thumbs up if you saw some value to it if you haven't yet hit that subscribe button down below like and share my videos and that bell notification so you get notified the moment that I upload a video guys thank you so much everybody for tuning in I'm actually traveling tomorrow and through the weekend so no more videos for the rest of the week and I'll see you here on Monday morning hopefully we can get into an awesome profitable trade thank you so much everybody for watching see you here again next time