 Hey, what's up, YouTube? It's Zeke and welcome to The Dream Green Show. Today, I'm going to show you the easiest indicator to starting your way to becoming a day trader. So let's get into it. All right, YouTube, we're back. Today, I'm going to show you how did I get into day trading about two years ago and I had a quite bit of success with it by using just this one indicator alone. A lot of people think that day trading is super difficult and that you have to wake up at 4 a.m. every single day just to become a day trader. And it's some way it is difficult, but once you get the system of everything and you have all of your indicators set up, all you have to do is just stick to your basic rules and make sure that you win more than you lose. But if you're not interested in today trading, what you can do is swing trade. I will show you guys what indicator I use to set up my swing trades. And if you don't know what swing trades are, swing trading is pretty much buying low and selling high. Day trading is buying the same day and selling the same day and you become a pattern day trader. But swing trading, you could hold a stock for anywhere from I think short term would be a week or a month in long term would be six months to a year as a swing trader. So let me show you the indicator that I use that I find for my day trades and for my swing trades. All right, it is called the RSI, the relative strength indicator, or the relative strength index. Here's the definition of what it is. The relative strength index is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other assets. The RSI is displayed as an oscillator, a line graph that moves between two streams and can have a reading from zero to 100. It is intended to chart the current in historical strengths or weakness of a stock or market based on the closing price of a recent trading period. All right, so it sounds like a lot of words that I just read out, but I'm gonna actually pull up a thicker swim as the platform that I use to actually read all of the stock markets that I set up my indicators on. And once I show you exactly what it is, you guys will find it very simple yourself. This is probably the very simplest indicator that you guys can use if you want to start day trading or swing trading. So let's pull up think a swim right quick. All right guys, here we are on think a swim. I'm gonna pull up my favorite stock. If you've been following me on my channel, you would already know that my favorite stock is AMD. If you don't follow me, go ahead, hit the subscribe button, the thumbs up button. And what I just found out is that if you hit the subscribe button that it really doesn't mean anything at all. So you also have to click the notification button next to the subscribe button so you guys can get update to my current videos. And I'm gonna be doing a giveaway very soon so you don't wanna miss out on that opportunity. But anyways, back into AMD. Okay, down here I have what I have set up. It's the RSI indicator. All right, so let me explain it to you right quick exactly what it is. This is the price movement of AMD. This is the four hour 180 day chart. So this is the actual price movement. This charts the price. Now here's RSI. If it's overbought, it would show that it's red at the very top. That means it's overvalued. People are buying AMD based off speculation and that is on the momentum wave of going up and people are buying it at a super high price. And I have it set up that it would turn red if it's above the 70. It goes all the way from zero to 100. I have mines set up to where if it's over 70 it's gonna show red but you can change it to where if it's over 80 all the way up to 100. So when it's very high and it's red that means it's overbought and the price is probably gonna pull back a bit. If we look right here where it's blue that means it's actually oversold it's undervalued. People are selling off their shares afraid that the price will go down anymore and that the company is actually under value right now. So right down here where it's blue where it's underneath the 30 I mean is undervalued for the company and you might be getting in I said you might be getting in for a good price if you could get it whereas undervalued are oversold. So this is overbought when it's red and it's oversold when it's blue. Okay. So we take a quick look into let's zoom in right quick to right here. So last time that it was overbought was over the 70 right here and it had a little pull back right there. All right. So last time it was overbought you could have sold off your shares and then bought back in when it bounced off the 180 day simple moving average. Once again when it was overbought right here it went all the way up to the 84 the 83.7 so it was super overbought it was overvalued and over the next couple of days and tanked and went down 12%. So you could have sold while it was at the very top and waited for the company come back down and bought back in once it reached back down to a fair value around the 30. Now we zoom out let's go to one that was oversold let's zoom in right here. So the company down here was super duper oversold and it went all the way down to the 1817. So remember that the chart goes from 0 to 100 and this one was all the way down to 17. If you could have got in at this fair under value at $26.77 and you could have rolled the wave all the way back up to the next time it was over overbought right here and sold it at for a percent gain of 27.33%. So in a couple of days you could have made a profit of 27% in just a couple of days but you also always have to keep an eye on the market when you're swing trading and day trading. So let's zoom out just a little bit more so there you go. It was overbought again right there on the RSI indicator and it ended up coming right back down. So let's look for one more chance to where it was oversold and it hasn't been oversold since right there. It is super overbought. It is all the way up to the 84 and it's showing a little pullback right here going down let's see going down six point. No, going down five points right there. No, 4.8%. All right. All right guys. So that's how I use my RSI indicator on my swing trade setting it up just like that. When it's over about I'll sell some of the shares off wait for the price to come back down and buy some more and when it's oversold I'll buy some when it's oversold wait for the price to go up and sell it at the top. That is the very basic way of day trading very basic way of swing trading. As you can see I also have other indicators set up on my chart that I'm going to discuss in future videos. So you guys subscribe to the channel so that you can see exactly how I set up my chart. But if you guys want to use the RSI indicator that is the most basic and simple way to value a company. Now if you want to be a day trader what I used to trade when I was day trading was oil and gas so I would pull up D gas right quick and when I pull up D gas D gas let's go to the one day one minute chart. That mean you are trading intraday you're trading you're buying and selling the same exact day and if we're using the RSI indicator way down here where it was super oversold it would go all the way down to the 13 you would have bought it right there and sold somewhere near the top and you would have had a profit of 3% in a single day. And the last time it was oversold was right here and went all the way down to the 18 we would have bought and sold for a 1% profit. If you guys don't want to be greedy you can just if you make 1% a day you are the best trader on earth. If you make 1% a day that mean you would grow your portfolio 365% in a single year that is awesome. If you wanted this game a half percent a day that's awesome or just even 0.25% a day that is still great being a day trader because you would grow your account very fast over time if you have more wins than you do have losses but me personally I am a swing trader because I am a busy a very busy person and that's how I do my swing trades with AMD actually that's how I did my swing trade with Google I bought Google at a very cheap price when it was oversold and it was undervalued and now on Google I have made over $100 from Google stock already and I had it for less than 2 months. So yeah guys, so yeah that's how I do my swing trades but other than that if you guys want to find out how I use all of my other indicators go ahead hit that thumbs up button and subscribe and actually click that bell icon that's next to the subscribe button because trust and believe that I'm going to be doing a giveaway very very soon and you guys don't want to miss out on that giveaway but other than that this is Zeke bringing you the dream green show and I'm out. Peace.