 Payday What's up money geeks mr. V here welcome to the video guys so into this video I want to talk to you guys on how to pay yourself as a day trader So if you've been trading and you're looking like hey, how do you make this kind of a living where you get income? So I'm gonna share my strategy with you guys But before we get started guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content. So when it comes to day trading you have people that are just trading because they enjoy it or just doing part-time and just want to Know save some extra money or grow the account to a certain point for retirement But if you're looking at hey, you want to make some income from this like in my case I make two hundred and fifty dollars a day at least two fifty a day I'm making it more as a source of income. So I'm taking it serious I'm operating this as a business and actually talked about how you can actually budget yourself to operate day trading as a business If I haven't already watched that video, I'm gonna hook it up here So you can definitely go check it out But once it gets to the point where you need to get paid so basically in your account You have your budget like I said, let's say your budget is ten thousand dollars for trading and Every month you have to reset that account if the account is over ten thousand dollars You take a profit if the account is below ten thousand dollars You don't get paid if the account is at ten thousand dollars. You don't get paid which means you didn't make any money So basically in my case, I pay myself monthly. I don't pay myself By weekly like most people so at the end of the month Whatever balance is in my account over my budget. That is what I made for that month So that's what I'm gonna transfer to My checking account in acting either transfer it to my checking account or to my string trade account I can use it for other things, but that's how I get paid So again, my margin account is Dedicated for day trading and it's a business. So on every single day I want to see some income coming So if it's a hundred dollars or two hundred dollars or two hundred and fifty dollars No matter the amount I want to see some profit I want to see some gains and because that's what I'm gonna pay myself at the end of the month So if my base account is say ten thousand dollars again in every end of the month I have fifteen thousand dollars means I made five thousand dollars and that's what I'm gonna transfer Out of the account into my checking account and that's how I get paid and that way you know for sure You're making profit. You're not just mixing everything up and you're operating it as a business again Like I said, if your account drops below that ten thousand dollars, which is your base amount means you didn't make any money So you don't deserve a paycheck. You don't get paid If it's at ten thousand dollars, you didn't make any money. You don't deserve a paycheck You didn't get paid and when you start to build that mentality you start to build that mindset that it would be It would make you be more careful and very very Consistent with your trade so that way you're not gonna jump into traits that are you don't really see the indicators pointing for you to jump in You're gonna avoid a ton of mistakes. So that's my strategy on how to get paid They train the market living in the conversation. What do you think about that strategy? Do you get paid by weekly or monthly? I want to hear that in again in the comment section and as always guys if you're new to the channel We talk about how to earn money how to save money how to invest and build worth and if you are looking to get started with day trading Definitely check out Weibo. I'm gonna put the links in the description below Right now when you sign up and deposit a hundred dollars, you get a free stack Free is free. So check them out and get your free stock at no cost to you and as always guys Stay motivated