 Hey guys, this is Hader from Xtrades and in this video, we're gonna talk about all the different ways to make money from trading So I broke it up into four different paths the first one being day trading. So let's get into that first With day trading it typically has the biggest learning curve and it also has the higher highest failure rate That being said day trading is also the best way to grow a small account So if you are good at day trading, it's definitely the best way to grow account because it has the best return on your money But that being said, it's also very difficult to do. So day trading is the hardest cut all of these ones But if you are but if you are successful with day trading, then it's the best way to make money And it's the best way to grow a small account. So high risk, high reward and With day trading it does require a lot of screen time But since you are closing and opening positions within the day, you're not holding anything overnight, right? So that's also a plus because you have more control of your portfolio You're not you don't have to worry about any risk overnight So for example, you don't have to worry about the position tapping down on you Which is something that's when trade swing traders or position traders have to deal with so you don't have to worry about that So you have a lot more control of your P&L But yeah, it does require a lot more time and it's definitely still very very difficult and the three main setups with Day trading I would say are momentum plays based on some sort of news or catalyst and then scalping features and indices like SPY QQQ or NQ and ES and then shorting pump-and-dump stocks So these three setups are typically the best ones That I've seen so far in my experience, but there could be more and with swing trading So day trading and swing trading are similar in that you use Charts to make your decisions right cause it requires a lot more technical Technical analysis compared to position trading or algorithmic trading But yeah, so what's when trading the two main setups or breakouts and gap ups and what's when trading you're typically going You're playing the long side where with day trading you can go long and short But what's when trading you can also go short. It's just more typical to see more long strategies work out So yeah, we're doing trading a lot less screen time And you typically have a pretty good risk reward on the type of place that you're playing if you know what you're doing at least So let's take some Stake a little bit some examples. So With Coinbase So this is an example of a good day trade, right? Coinbase has been consolidating. This is a clear support level So here you could see that it was consolidating here with four bars here from the little flag And then it broke out once it took that level here and then over here on Yeah, on this day when it clearly broke down with big volume That's a good sign to short here and you could have shorter here and taking profits around this area, right? So this is an example of day trading where you're looking at the five minute chart and making quick decisions So first one trading you're looking you're typically looking at the daily chart for at least the one hour at the very minimum And here's a good example for a really nice flag set up and then a breakout, right? So you're risking you would probably place your stop somewhere on this 135 level and you buy around that 142 level and you have a lot of profit potential, right? So really good risk reward But yeah day trading and swing trading mostly rely on patterns Next up with position trading position trading is basically looking into two different subparts of both position trading and value position trading so broad position trading for example You try to find ARKK names like growth names Where they have a lot of potential to like 10x in the next 10 years, right? So for example a position trader if they believed in crypto and Coinbase then they would have been accumulating throughout this entire base, right and They're looking for a move that can at least 10x their investment. So they're buying around this area They want they want they are probably Predicting a move back up to all-time highs, right? So 430. So if you were buying around this time Around this hundred dollar range, then that's a 4x on your money, right? So It's more long-term trading with position trading But you want to follow the trend and you want to get out as soon as the trend changes So for example with Coinbase, you probably would have if you were a position trader You probably would have broken or you probably would have bought When this resistance level got broken So Coinbase has been building a nice base here, right? For almost a year when the space gets broken When the space gets broken then a position trader Would initiate a position here and then I this out And then now yeah when the trend changes then you typically want to get out But that's pretty much position trading and there's also value investing So this is just like buying dividend stocks or buying things like Coca-Cola Whenever this thing dips you just want to buy buy it right down the dips and then sell it on strength So that's just value investing buying stuff with low Low PEs and yeah, things like that things that don't really move you just buying them on dips Expecting them to come back and then sell them into strength and Yeah, that's pretty much a value investing So basically buying assets when you think they're undervalued. That's value investing and then there's also Automated trading so this is where you see a lot of hedge funds like high frequency trading like Citadel There's also other ones like Jane Street capital And there's a few more like Hudson River trading, but these guys are all like Quants they deal a lot with math and stats and programming so They basically build models where they back test different strategies and Try to find the best ones that they could use for like day trading or market making things like that. So Individual traders can also do this and I know there's some traders that do this But it's also pretty relatively hard and you're competing with some of the best programmers, right? so Takes a lot of skill, but it's definitely possible to do or it's definitely You just need to have the right software and the right tools in the right college But yeah, those are pretty much the four different ways you can make money from trading Just to recap day trading past the highest learning curve or biggest learning curve and Highest failure rate, but it's the best way to best return on your money And it's the fastest way to grow small account. So when trading is good once you Have a decent amount of money and you're already trading with a decent amount of money And that's the best way to grow your account through good risk board setups, and it's a lot less screen time So if you're if you have a full-time job, then swing trading or position trading is where you want to go and position trading again, it's just more long-term investments and Yeah quant trading your algorithmic trading is Yeah, just doing high-frequency trading using models and it requires a lot of math and statistics and program But yeah, that's all I got for you guys this video. 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