Took me 4 years 2 months to be profitable, from literally not knowing what a candle was or what I was even doing to now taking trades more confidently when set ups form. I’ve passed 2 ftmos 50k accounts and now I’m working on future prop firms this year. I also went full time this year as well. cheers to never giving up y’all 🍻
When I first got into trading I was very obsessed with it, I still am I would study about 5 hours a day for the past 2 and a half years once I got an idea what I was doing I would still study everyday day but only an hour or 2 the real work came from applying everything I learned, a lot of things I don’t use but I use what I like and works for me. I trade only one session and try to minimize my trading to maybe 3 times a week sometimes 4 if the opportunity is there. I have never take a year off from trading there’s been times I was so mad and frustrated but I always come back because I know this is what I want to do for a career. When I’m pissed I just go to the gym 💪 helps with stress a lot.
@@FernandoRamirez-te1vs The real problem is mastering emotion, discipline, and patience. You can learn all you want, but if you can't master those skills you will never succeed. Knowing when to walk away, and being able to sit out of market and wait for opportunity is actually a skill that people don't appeciate. Sometimes cash is a position.
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.❤
I’ve been trading for 11 years. In my opinion you don’t need thousands to start. You just need consistency and risk management. Always stick to the plan. Of course it will take longer to make a sizable profit if you start small but it’s a so possible. But it can’t be about ‘getting rich’
Took me 7 years. It takes time. People underestimate the psychological aspect of trading. I would say it’s 95% psychological 5% skill. If you don’t know who, Mark Douglas is/was, you have no business trading, change my life! It’s nice to hear that others had a long process to become profitable as well. Great job!
I feel investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market, because 35% of my $270k portfolio consists of plunging stocks that were once respected, and I'm at a loss for what to do now.
Lots of individuals undervalue the function of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for licenced advisors and found someone with the highest qualifications. Despite inflation, she has helped me increase my reserve from $275k to $850k.
My CFA *Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
There is 55% overlap with the holdings in VOO and VUG. 1 is tech heavy and the other is financials heavy similar, but not the same. VOO tracks the S&P 500; VUG is just focused on large cap growth stocks. VUG is a bit more volatile, but with a higher upside potential. VOO is a bit safer. I’ve never heard anyone advise against multiple ETFs/mutual funds. You just have to be aware of overlap. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
With business sectors tumbling, expansion taking off, the Fed impressive enormous loan fee climb, while depository yields are rising quickly, and that implies more red ink for portfolios this second half of the year. How might I benefit from the ongoing unpredictable market? I'm currently at an intersection choosing if to sell my stock portfolio.
Since the market is currently volatile, I will recommend that you hire a financial adviser who can advise you on entry and exit points for the shares or ETFs you focus on
You are right! I've diversified my portfolio across various markets with the aid of a financial adviser, I have been able to generate a little bit above $450k in net profit across high dividend yield stocks, ETF and bonds.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with *KAREN* *MARIE* *GENDRON* for about five years now, and her performance has been consistently impressive.
Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.
I turned $100 to 2k twice and blew both accounts because I got arrogant. Lesson learned. Now I’m working again to build it back up. Your equity chart tells a lot about yourself. Let the wins run and cut your losses fast. Those wicks are important!
I did the same too! Turned $1000- $12,000 twice. Took a long break after blowing both accounts. Just getting back into it now with a different and more realistic mind set. Good luck to us!
Great pick! Reminds me of when I just started out trading. I had a consultation with a trade analyst, and it was incredibly insightful. Can’t stress enough how helpful experts in this field are!
Having Jonas Herman who is a pro trade analyst as my mentor has helped me to identify key market trends, pinpoint strategic entry points, and provide risk assessments, ensuring my trade decisions align with market dynamics for optimal profit.
@@Vikturneer That's your view. In my experience, there is no such thing as a mentor, it is nearly impossible to achieve success with trading. It’s all just gambling.
I don't usually leave comments on socials but I feel compelled to. Just wanted to let you know that you’re doing a great job, Jonas. You have made a real difference in my investing journey.
It only took me 8 years and 6 months (who’s counting, right?) to finally crack the code to profitability. I started out not knowing if a candle was something you trade or light during a power outage, but now I’m diving into trades with the grace of a ninja when the setups appear. I’ve passed two FTMO $50K accounts, and now I’m onto futures prop firms like it’s the next level in a video game. Oh, and I went full-time this year too! So, here’s to persistence, hustle, and not throwing in the towel, folks!
I've been in this game for a year now, and I'm grateful to God for how far I've come, I hit the profitability mark after 8 months in the game, I took off 6 months and used that time to intensively focus a 1000% on studying and building my own God backed system..... walaaaaa!!!! All's good now.....
I'm nine months in. Just starting to feel some consistency. I'm still only doing one contract. I feel I'm still months away from 2 contracts but I feel some confidence building in me. These videos encourage me. I will succeed by God's grace because I never give up and I have discipline
8 months for me. Started this year on January 1st. I’ve learned SO much but still have years to learn. Right now I’m passing prop firm challenges fairly easy but having trouble when I get to the funded account stage. I instantly blow them, I know it’s due to my over sizing 😭
@@ianbrown5955 Wow good for you? How long of it was sticking with the strategy you are using now? I am in the break even phase and it seems like it has no end haha
4th year in trading and still struggling took some payouts with propfirms but lost a ton in my personal accounts plus firms. Hopefully I can get to the point we’re I’m actually paying myself soon to make all I lost.
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1M in returns on investments.
Wish I heard this earlier I've been trading for 5 month now and was motivated by greed instead of the application of the strategy hence i totally agree with you it does come down to the person was seeing other traders and coaches make enormous amounts. Was told to aim at 100 contract per trade which is cool if you have long term experience and the harsh truth is that I've lost $30000 in profits in just 5 months. Im back to baby steps now. Will invest my time to studying the chats and working on myself as an individual. Thank you for this video this is what is actually need instead of only showing the flashy side of trading only.
First time visiting your channel and I'm blown away! I’ve been at this for what feels like ages, and people on the outside just don't get how much self-discipline it takes. The moment you think you’ve got it all figured out is usually when you’re about to start over. It’s so refreshing to hear from a fellow trader who truly knows her stuff.
I think the truth most people need to hear is it requires a 100% discipline. Nothing less. What fools us the most is that it's just a click of a button. So it appears easy.
I have been struggling with trading for 3.5 years and I know what you have said is true. Thank you for your honesty. The trading community needs more people like you.
Why do people think you need this much . lol I started trading with 50 bucks . Just set alerts people . Set alerts at highs and lows . So if the stock crosses that high it’s on a run . Now you start scaling out your position . Once you got your initial money spent back now you play with house money . If you need help just ask me . I like helping and I don’t need anything from you .
@@ProdbyZyruh yes it has been . My trading strategy has changed . I use finviz and think or swim . My problem is I don’t take it serious so I be playing to play . I just gained nicely on $gnpx .64 cent entry I held for a few months now it’s up this morning 3.00’s . I also trade off trading halts that’s another good way to come up quickly .
I remember when I was 22 and I asked my first trade mentor if I can learn this in 1 month and quit my job and he just laughed. I’m so grateful for him to this day
Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!..
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
As a beginner I would recommend you get started with a professional broker that will guide you through the process and trade for you while you get the daily profit and rewards.
Took me 3-4 years to become profitable. Always kept in my mind "If it was easy, everyone would do it". If you're willing to get back up every time your knocked down, you have something the 99% dont.
About a year ago I started looking into trading. Without any help or watching videos I wasn’t doing too bad with my trades. It took me 4 days to have somewhat of an understanding and a little routine I was obsessed with. Once I started watching videos and trying others methods I took L after L so I quit. I started studying and learning again about a week ago and what you’re saying is very true, especially for the average person.
Its nice to hear someone telling the truth instead of conveniently omitting it to sell trading courses. None of these other educators/coaches/gurus want to tell you that its going to take at least 2 full years of staring at charts before you have the required market intuition to attempt to trade real money, especially for futures. Then after 2+ years you get to discover the horrors of trading psychology, trade management and self sabotage. Noobs are less likely to give their money to a buzzkill and would rather give it to someone who blows smoke up their ass, and the gurus know this. There's no half hearted success in this game. You have to be willing to grind out the hardest thing you've ever done, and one of the hardest careers one can do.
I total agree I'm 55 years old 4 years into this I'm finally winning trades I lost 120k to get to this point I listen to everyone including you thankyou john from new-zealand
As a successful Poker player, now dipping my toes into trading.. the fundamentals that you put the main conviction towards is so true in trading and in so many other ventures in life.. Get educated, build a plan, have bankroll that's potentially disposable.. And build good habits based on vetted information and self proven strategy. Great content, thanks for being a great community voice of reason in the space
Love your point about being in "the right category of finance". I've had a lot of friends and family over the years ask if I can teach them to trade, but are usually looking for a way out of an immediate problem with no savings, barely a job, no knowledge of trading, no self-ability to do a little bit of research first. You need to have something of a foundation first as an adult, rather than have everything falling apart and looking for a quick fix. Trading is not the answer for that.
This truly sets a realistic perspective. Thank you so much Tori! Your channel has inspired me to actually start documenting my trading journey and being completely transparent with my viewers. I’ve been trading for 3 years now and just found profitability and hoping to share my journey to inspire like you!!!
When i 1st started trading back in 2019 i herd this same message, and was highly disapointed, its a hard pill 2 swallow but everything Tori said is tru. But i stayed focused & prayed up. i basically taught myself how 2 trade from ova 800 you tube vidoes. Being 5yrs in and still not consistant yet i alwalys had a no quit attitude, and prepared myself for one hell of a mental fight 2 be profitable. but i am seeing better and better results. in my experience the simpler u making trading the easyer it is, less is more. the best strategy i found 4 me was supply and demand, and using the silver bullet strategy has worked the best 4 me. I love how simple Tori strategy is as well, all strategies work pick one or 2 and back test the hell outta it, and most important learn how 2 be a good losser trust me this is key!!!!!!!! Cutting losses is the biggest reason im not profitable yet.
People think that all of the time is dedicated/ focused on developing an edge, when in reality, the largest portion of your time is developing the emotional intelligence needed to be profitable. Beating your brain out of its 200,000 year wiring for immediate gratification/ extreme emotions is hands down (in my opinion) the hardest thing to keep in check. Also, SO glad im a Taurus and quitting is literally something I cannot do. 💪🏻 ♉
@@megan8494 thats literally what it is.. its so weird people put a clock on this stuff. People can become profitable in months or not even in 5 years.. its such an individual journey. Where you have to marry your understanding of the markets and strategies with your self awareness.. well awareness isn't even the right component.. it's a sense of emotional rooting or something. Just starting out myself, but this was the first thing that clicked for me.. coming from some pretty fanatic poker, where much of same emotional control is necessary
Hi from Scotland.. love your trading style.. I got so sick of strategies and patterns that people teach that don’t work.. 😡😡 I started doing my own thing at the start of this year with trend lines S&R and swinging till I get an alert.. I look at charts once a week and set all my alerts then get on or out on my alerts.. I only found you 2 days ago.. and to find your doing this too and being profitable is amazing Im also profitable since I started my own thing which turns out to be exactly what you do.. your a joy to watch love your style 😬😬 I’ll be sticking with this style I love it now, so much less stressful.. set and forget 💪🏻👍 take care 🥰
Well said. In particular I agree with the comment regarding screen time. I have stared at 6 screens simultaneously for just about 2 years. What one learns from screen time is invaluable. I am turning the corner now at just under 2 years and being profitable. However, I am a bit older and I think learning to deal with a life’s worth of adversity (the regular stuff such as job and health issues) is also very helpful. If you can’t deal with the typical adversity challenges in your life, then do not think about trading …… you won’t succeed until you can handle life’s normal advisory challenges. Yep, don’t quit your job, but at some point you can’t do a 9-5 and day trade at the same time and truly accel at trading. At some point you have to go all in, but may need another gig that doesn’t interfere with your trading hours. Also, you will have to live, eat and breathe the markets until you develop expertise. Obviously this takes a lot of additional time before market open and after market close. Good luck!
I resignate with this video so much. I left my job, sold my car, took out big loan and tried to day trade. 3 months later it was all gone. It's taken me 4 years to pay back all that debt. All those things affected my trading psychology and i ended up a broken person.
I loved the fact you brought up savings. Legit that’s such a simple truth and it’s funny how much it’s overlooked. People sell the idea of easy money, but it takes hard work to be able to save 5K these days.
@@briangarcia5439 Just use the Simulator for the next three years and save $25 a week while you are learning. Never bet more that 1% of your capital EVER once you start to trade live. If you trade Futures, you don't have to worry about the PDT Rule and can place bets as low as $10. Good Luck!
I like using the analogy of learning to play a guitar. You have to love doing it. Trading practice is seat time, making and losing money. It's a skill you learn. You don't become a Rockstar overnight. ❤
Great video! So true. You say what is really reality. The more you’re in the trading space the better. Submerge your selves in trading, be around other traders, be willing to do what 90% of traders won’t and with consistency, you’ll make it to the top 10%.
It's been nearly five years since I started the trading venture, and I'm just now FINALLY starting to "get it". Why has it taken me so long? I've been an extremely slow learner since day one. I still don't quite know as much as I probably should by now, but when I'm finally able to crack a learning code of some kind, people be looking at me going "WTF just happened", which is why I flat out refuse to give up. I look at this as sort of a gift, but it can get frustrating at times.
Staying motivated can be a key factor in achieving our goals. It's essential to find what inspires and drives you to keep going, even when things get tough. Thank you to Mr. Zach for being a source of motivation and support along the way. It's always great to have people who encourage us on our journey.
So thankful to Zach for his guidance in the financial markets and helping me make steady returns. Having him as a mentor opened my eyes on the importance of investing and passive income
Zach has been very instrumental with my winnings. Having monitored my portfolio performance return huge six figures from the last 2 quarters, I have learned why the market will remain a money den for those who know where to look.
I have a brother in law who makes ridiculous amount as a scalper/day trader and he's taught me a ton. The first thing he taught me though was that this isn't a fast fix to freedom and financial fixes and that if you can't deal with the reality of the psychology of resistance of emotional trading, you will ruin your life. It's just that simple. I feel like he would agree with everything Tori has said here.
When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
she is right. it took me 4 years to master xauusd. i have seen it all with this pair - elections, covid, wars, fomos. now nothing phases me, im a damn dere psychic with this predicting its moves
3 years to master system and $3000 in savings and multiple sources of income for consistency. It is something like you don't play golf to stay fit, you stay fit to play golf. In trading, it's you don't trade to get rich, you trade after getting rich to stay rich..
In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Walter James's valuable insights and daily trade signals, coupled with my commitment to continuous learning, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!
Walter James is my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
What impresses me most about Walter James is how well she explains basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades
The advice that many people can trade the same strategy but different results, with some succeeding, reminds me of the Turtle Traders from 1970s or 80s. Same strategy but different results. Also, the realization that trading well can take 2 or 3 years reminds me of long-haul trucking. After 4 years or so of trucking, I realized that there really is a lot more to it than just driving. A trucker with only 1 or 2 years experience still has a lot to learn, and just plain experience and time on the job is the only way to learn. Tight loading docks, low overhead clearance, minor roadside repairs when things go wrong like 2 air brake hoses in the trailer rub a hole in each other and start leaking and the dashboard gauge shows lost air pressure, paperwork problems, getting food-grade tanker trailers sanitized at a tanker washout facility, troubleshooting the electric relays to figure out why the windshield wipers are going crazy, DOT in the weigh station says your back axle is overweight by 2 thousand pounds, detour through a small town and discover the intersection is too small to turn, etc. It seems like 2 or 3 years is a good estimate to figure out how to do most anything well including trading in financial markets.
I love that Trading has taught me lots about the Economy. I’m 17 and 2023 was my first year trading stock options, I lost $5,000 and I see that as a tuition. This year I added $2,500 to my account and have over doubled it already so I have withdrew what I put in and am playing with profits from this year.
Very interesting! You have a great view on trading much as Jim Simons did in 1978! I am 84 years old and trade less frequently at this point. Each day I go to a shop where I am able to interact with young people and work with my hands and use another part of what is left of my brain. Do homework, analyse direction of a trade and set a target and get away from the monitors to avoid over thinking and constant adjusting. Excellent teaching! Many thanks
I love the reality and vulnerability. A lot of truths. I’ve paid attention to stocks for a while now but never day traded. I tried futures and didn’t feel like I could do it. I switched to options and I think it’s better for me. I’m a personal trainer so my schedule is busy and sometimes inconsistent. I’ve been paper trading for weeks and I feel like I finally hit my stride. In 2+ weeks I went from 1k to over 3k. I’m waiting to be more consistent and make sure I’m emotionally ready to let my system work. I always enjoy your videos.
Totally agree with what your saying took me 3 years to get where I am being profitable still have the odd meltdown but working on it. Trading is always work in process and your always learning to adapt to the changing market
Q1 50k. I know a guy who makes that in an hour, the guys is a BEAST and he teached me the basics and I can tell you guys , it's 80 % mindset and patience and being bold at the same time. He only uses trendlines , support and resistance. So yeah. That is what makes the difference.
I totally agree with what she is saying however, i don’t think you absolutely NEED 3-5k to start, i mean i managed to turn 500 dollars to 2k in a week of trading S&P 500 now i may have gotten lucky but even so, if let’s say i had more experience i wouldn’t have blown it however, i think it’s very possible to turn something like 500 into that 3-5k that she was talking about. So yeah i agree with everything else just that point i have to disagree on that one
This is quite true. It's going to take a year to find, learn and get comfortable with a trading plan that works for you. It's going to take about a year's worth of forward data testing to get any kind of long-term benefitial confidence in your plan. It's going to take about a year to build capital and get to a point where you are comfortably living off consistent trades full time. We haven't even put any hickups like lack of discipline, or maybe it takes you longer to find the strategy. Maybe you mess up and damage your psychology to a point where it takes longer to get comfortable. So 3 years is actually a short time to get successful. Businesses in general expect to break even in at least 2 years. A huge reason i was messed up in trading was because i bought into the whole "get rich in 6 months" pitch. I can't tell how much this messes up your time frame, even with the right strategy. It actually keeps you away from success for much longer than you would otherwise take. It's like entering a 5 mile marathon and sprinting full speed because you thought it would be a 100 m race.
I agree with her. Getting multiple sources of money, being wise, being patient and continually saving at least 10 to 15% of your annual income is the path to having money.
Thank you Tori. I have been learning to trade for 1 year now it fits with my life but I still need time to study charts and all that you said. I know with time, determination, and discipline, I will be making an income from trading.
What you accept as true to you, becomes your reality, what is Not is not. Remember that "All things are possible to them that Believe." You can turn $100 - $5000 if you believe. That's the Unfiltered Truth.
You can,but will take longer than turning $5k to $100k.....shes just being realistic if you want to start making a living from it,and making decent returns...
Awesome honesty! Like I tell everyone who considers trading. When talking about difficulty of being a successful trader. Don't look at trading like playing a video game. In reality its like coding a video game. And then like she mentioned. That's only the half. Mental aspect kicks in too. That's the other massive hurdle.
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Daniela Montori focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
i have been trading for 3-4 months, but very consistently and i am already profitable. i invented a strategy by just playing around on charts and perfected it, its doing like 50%-55% win rate and has a RR between 2:1 and 3:1(on backtesting it averages around 20-40% profit a month), i dont get why people take so long tbh, cuz if u do everything right, its actually so quick. however im not perfect of course, cuz im still struggling with psychology, but even with that i am able to still somehow be profitable. i am just beginning as well cuz i am currently on my first 10k acc, on phase 2, after passing phase 1 in 4 days with a 51% win rate. (i miss half the setups cuz im trading 5min TF during school, so it isnt very convenient)
Putting pressure on yourself does make you see shit in the market lol 8:28 I remember when I took 200 and turned it into 5k in about 43 trading days to pay back an investor after a botched real estate deal. Funny thing is, after I paid him back and I had ~1700 left for myself, I blew it in a little over a week. Madness. Madness I tell you.
This is what people need to know about trading. Not easy to have to tell the truth about the struggle, but I've found the truth serves people so much better than to lie and give unrealistic expectations. I am a believer if people truly know what they are up against, they can make true decisions on taking the dive in if they are willing to pay the price. And if something is your ultimate desire and passion, a high price is almost always worth the cost.
I did it in 8 months. But I was focus like a bull. Trading, papertrading, charting and so on. And I'm very profitable. Catch the trend and price action, volume and momentum. Works like charm. I don't scalp. I'm a trends chaser.
Yeh that's great ! But you haven't gone through all market conditions, that's why it takes 3-5 years to begin to see consistent results. But reaching that point in 8months is awesome, keep crushing it
@InnerMoonTrading Don't need to. Currencies, indices and futures. No one needs to go through every market. Just find the one. That's like saying you haven't played for every team. When being with one team, you already achieved success.
@@theblockcat-ain1572 I never said to trade every market, I only trade nasdaq. Im talking about the conditions, for example, when the market is ranging, or when its at ATH or when its in the summer months, (less efficient PA). the market from time to time is changing. you will see through the years
Are you one of these people that have made it with low capital by being disciplined? In every business it’s the same way … you have to invest big so you can have decent returns. What trading makes is an illusion like the one you mentioned. You think you are the smartest person in the world and you will crack the code and your story will be different POOR MENTALITY. Man up , accept reality and do it the proper way! At the end everyone gets what they deserve ✌️
Word!!! I am on my 3rd year now with developing/evolving a unique/personal trading plan and see improvements, not all of the time, but a significant number of times! A lot of plugging away and plowing through "the dark night of the soul." Just found your YT Channel and find it very informative and it resonates with many principles that I have implemented. Trading is definitely a passion for me and I believe in myself and my plan so I continue onward and upward. Happy trading and TY for sharing!
yeah, i think she means without leverage. i use leverage and no need a lot to make couple of hundreds at the beggining but you need to size up overtime to make bigger bucks... compound is key. I agree you need 3-5k at least to make a living out of trading but you can do 300$ on 10x leverage which is 3k order size... the result and risk are the same.
Nothing is free, everything requires work and commitment in some form. The shortest education I have is 1.5 years. I don't know any education after 9th grade (16 years) when you choose your future which is under 2 years, I would say about 4 years or more. today you can't "clean" without an education. When we talk about sports, we talk about grinding until you have it in your bones and you do it instinctively. This can be so terribly boring. All houses need stable foundations. no house is stable with 1 pole. So I think you are absolutely right in this video
God I took a 3k lost yesterday it was painful but instead of trading today I decided to take a break go about my day gym work etc. came back to the charts and took it as lesson to understand what I did wrong haha definitely helps. p.s. for those of you that are new to the channel please dont listen to anyone in the comments its all scams! Do YOUR OWN DUE DILIGENCE BEFORE investing.
Coming to stock and option I will always be grateful and thankful to Mr Ronal’ for giving me the knowledge and helping me recover my loss from the market 💯
His technical analysis is excellent and his interpretation/projections of the market are so accurate’ The point is Ronal’ is the perfect trader to follow for advice and guidance
Your videos were great!! I'm one of your viewers and have been watching your videos lately. I would like to invest, but I still can't find the right investment to commit to. I will appreciate any help here.
Looking forward to your Accelerator course. I went to become full time also but my strategy seems to work some days, and then not at all other days. So I'm hoping to learn 🙏🏽
Temperament is probably the word you need. You have to have the right temperament,so when you lose a trade,its an investment with a loss.....Win or Lose ,keep your cool and focus,ive stopped overtrading and have a higher pecentage of wins....too many variables to mention..... Ive learned to keep my mental stability neutral,ie,from being euphoric after a win,to jump off a balcony after a loss,just keep it neutral and focused on strategy....Win,lose or draw !
Been working on this since June 2023. I am just now becoming profitable on a DEMO ACCOUNT ONLY. I think I'll be ready to go live by the end of this summer. However, I will only be trading micro-lots or mini-lots only, and I have no delusion about being uber-successful right away. But I am confident I'll be able to pass a Prop Firm challenge within the next couple of years. That said, it is still very hard.
It's a shame you've resorted to manipulating people to believing you are a successful trader , so they join your mentorship. I guess you saw bigger dollar signs being a scammer then a personality for TFT... You scammers have no shame
Agree with all. For me, right now, an important point you made is being able to stomach those drawdowns. Patience is my biggest enemy right now. That and finding the right stop loss for the trade situation. Let the strategy do it's thing.
![ILLSLICK - KILLSHOT REMIX [FULL VERSION]](http://i.ytimg.com/vi/RIK8RrqIAzE/mqdefault.jpg)
Took me 4 years 2 months to be profitable, from literally not knowing what a candle was or what I was even doing to now taking trades more confidently when set ups form. I’ve passed 2 ftmos 50k accounts and now I’m working on future prop firms this year. I also went full time this year as well. cheers to never giving up y’all 🍻
4 years, 2 months. How many hours did you put in? I mean, having a year off trading, is that included?
When I first got into trading I was very obsessed with it, I still am I would study about 5 hours a day for the past 2 and a half years once I got an idea what I was doing I would still study everyday day but only an hour or 2 the real work came from applying everything I learned, a lot of things I don’t use but I use what I like and works for me. I trade only one session and try to minimize my trading to maybe 3 times a week sometimes 4 if the opportunity is there. I have never take a year off from trading there’s been times I was so mad and frustrated but I always come back because I know this is what I want to do for a career. When I’m pissed I just go to the gym 💪 helps with stress a lot.
I envy you. Good job😂😂
I envy you, great work man. pls try to create multiple income source. it helped my trading career
@@FernandoRamirez-te1vs The real problem is mastering emotion, discipline, and patience. You can learn all you want, but if you can't master those skills you will never succeed. Knowing when to walk away, and being able to sit out of market and wait for opportunity is actually a skill that people don't appeciate. Sometimes cash is a position.
Year 1: Greed & Wishful Thinking
Year 2: Disciplined & Somewhat Successful
Year 3: Indifferent & Profitable
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.❤
This could actually be a good time to buy more of your high conviction stocks or crypto on a discount.
Though I started with as low as $15,000 actually because it was my first time and it was successful, She's is a great personality in the state
She's always active on Whats~App...
+1
785
I’ve been trading for 11 years. In my opinion you don’t need thousands to start. You just need consistency and risk management. Always stick to the plan. Of course it will take longer to make a sizable profit if you start small but it’s a so possible. But it can’t be about ‘getting rich’
Took me 7 years. It takes time. People underestimate the psychological aspect of trading. I would say it’s 95% psychological 5% skill. If you don’t know who, Mark Douglas is/was, you have no business trading, change my life! It’s nice to hear that others had a long process to become profitable as well. Great job!
I feel investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market, because 35% of my $270k portfolio consists of plunging stocks that were once respected, and I'm at a loss for what to do now.
Lots of individuals undervalue the function of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for licenced advisors and found someone with the highest qualifications. Despite inflation, she has helped me increase my reserve from $275k to $850k.
I am seriously devoted to creating a stable financial future and am thrilled to participate.
My CFA *Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
There is 55% overlap with the holdings in VOO and VUG. 1 is tech heavy and the other is financials heavy similar, but not the same. VOO tracks the S&P 500; VUG is just focused on large cap growth stocks. VUG is a bit more volatile, but with a higher upside potential. VOO is a bit safer. I’ve never heard anyone advise against multiple ETFs/mutual funds. You just have to be aware of overlap. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
With business sectors tumbling, expansion taking off, the Fed impressive enormous loan fee climb, while depository yields are rising quickly, and that implies more red ink for portfolios this second half of the year. How might I benefit from the ongoing unpredictable market? I'm currently at an intersection choosing if to sell my stock portfolio.
Since the market is currently volatile, I will recommend that you hire a financial adviser who can advise you on entry and exit points for the shares or ETFs you focus on
You are right! I've diversified my portfolio across various markets with the aid of a financial adviser, I have been able to generate a little bit above $450k in net profit across high dividend yield stocks, ETF and bonds.
Please how can i get to reach out to your adviser?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with *KAREN* *MARIE* *GENDRON* for about five years now, and her performance has been consistently impressive.
Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.
I turned $100 to 2k twice and blew both accounts because I got arrogant. Lesson learned. Now I’m working again to build it back up. Your equity chart tells a lot about yourself. Let the wins run and cut your losses fast. Those wicks are important!
Facts
I did the same too! Turned $1000- $12,000 twice. Took a long break after blowing both accounts. Just getting back into it now with a different and more realistic mind set. Good luck to us!
Great pick! Reminds me of when I just started out trading. I had a consultation with a trade analyst, and it was incredibly insightful. Can’t stress enough how helpful experts in this field are!
Having Jonas Herman who is a pro trade analyst as my mentor has helped me to identify key market trends, pinpoint strategic entry points, and provide risk assessments, ensuring my trade decisions align with market dynamics for optimal profit.
@@Vikturneer That's your view. In my experience, there is no such thing as a mentor, it is nearly impossible to achieve success with trading. It’s all just gambling.
I don't usually leave comments on socials but I feel compelled to. Just wanted to let you know that you’re doing a great job, Jonas. You have made a real difference in my investing journey.
I'm 34, I hope it's not too late for me to start trading. Is there a way to learn more about his service?
Can you introduce me to Jonas? I'd love to learn more about his service.
It only took me 8 years and 6 months (who’s counting, right?) to finally crack the code to profitability. I started out not knowing if a candle was something you trade or light during a power outage, but now I’m diving into trades with the grace of a ninja when the setups appear. I’ve passed two FTMO $50K accounts, and now I’m onto futures prop firms like it’s the next level in a video game. Oh, and I went full-time this year too! So, here’s to persistence, hustle, and not throwing in the towel, folks!
She's telling the truth, it's experience that you need to trade.✨️
And also 80% psychology
@@eydenstubbs2881 she said that at the end as well, it's up to the trader to make those decisions to stay in the play or not.✨️
@@eydenstubbs2881 No. 80% planning and a proven strategy.
@@eydenstubbs288180% strategy.
The she should not say you need $3000 or above to mk it
I've been in this game for a year now, and I'm grateful to God for how far I've come, I hit the profitability mark after 8 months in the game, I took off 6 months and used that time to intensively focus a 1000% on studying and building my own God backed system..... walaaaaa!!!! All's good now.....
I'm nine months in. Just starting to feel some consistency. I'm still only doing one contract. I feel I'm still months away from 2 contracts but I feel some confidence building in me. These videos encourage me. I will succeed by God's grace because I never give up and I have discipline
Keep in mind that you started in a market uptrend.
As they say, a rising tide lifts all boats.
Assuming you weren't shorting.
9 months for me as well I've become so used to losing that it doesn't affect my psychology anymore... That's a good point towards profitability
8 months for me. Started this year on January 1st. I’ve learned SO much but still have years to learn. Right now I’m passing prop firm challenges fairly easy but having trouble when I get to the funded account stage. I instantly blow them, I know it’s due to my over sizing 😭
1-3 years, totally agree.
thanks how long do you trade?
Took me 5 years of passive losing, then 3 years of steady breaking even. Now I trade profitably.
@@ianbrown5955 it is an intricate skill and a personal journey.
@@ianbrown5955 Wow good for you? How long of it was sticking with the strategy you are using now? I am in the break even phase and it seems like it has no end haha
4th year in trading and still struggling took some payouts with propfirms but lost a ton in my personal accounts plus firms. Hopefully I can get to the point we’re I’m actually paying myself soon to make all I lost.
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1M in returns on investments.
That's incredible! What did you invest in? I'm really interested in this, because I'm in a similar position at the moment. more info needed please
’Melissa Jean Taligdan’ is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call
Just got my fist payout from a propfirm... after 3 years of failing challenges...She spitting facts
I know that you don’t want to hear it but 'trading' with prop firms is not real trading.
@@danmic_??? Okay what
@@danmic_how so?
Be careful because alot of the time your payout is just as dangerous as a drawdown.
@@quintonmaldonado8368 Explain please
Wish I heard this earlier I've been trading for 5 month now and was motivated by greed instead of the application of the strategy hence i totally agree with you it does come down to the person was seeing other traders and coaches make enormous amounts. Was told to aim at 100 contract per trade which is cool if you have long term experience and the harsh truth is that I've lost $30000 in profits in just 5 months. Im back to baby steps now. Will invest my time to studying the chats and working on myself as an individual. Thank you for this video this is what is actually need instead of only showing the flashy side of trading only.
First time visiting your channel and I'm blown away! I’ve been at this for what feels like ages, and people on the outside just don't get how much self-discipline it takes. The moment you think you’ve got it all figured out is usually when you’re about to start over. It’s so refreshing to hear from a fellow trader who truly knows her stuff.
I think the truth most people need to hear is it requires a 100% discipline. Nothing less. What fools us the most is that it's just a click of a button. So it appears easy.
❤ 2 years in. Lost $300. Still learning. Almost ready to invest for the first time for real in about 6 months to a year!
I have been struggling with trading for 3.5 years and I know what you have said is true. Thank you for your honesty. The trading community needs more people like you.
Why do people think you need this much . lol I started trading with 50 bucks . Just set alerts people . Set alerts at highs and lows . So if the stock crosses that high it’s on a run . Now you start scaling out your position . Once you got your initial money spent back now you play with house money . If you need help just ask me . I like helping and I don’t need anything from you .
@@Bigdawg360What are alerts? You only put in $50? Has it become profitable for you in the long run?
@@ProdbyZyruh yes it has been . My trading strategy has changed . I use finviz and think or swim . My problem is I don’t take it serious so I be playing to play . I just gained nicely on $gnpx .64 cent entry I held for a few months now it’s up this morning 3.00’s . I also trade off trading halts that’s another good way to come up quickly .
I remember when I was 22 and I asked my first trade mentor if I can learn this in 1 month and quit my job and he just laughed. I’m so grateful for him to this day
Thank goodness you brought this up!
Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life.
Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!..
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
As a beginner I would recommend you get started with a professional broker that will guide you through the process and trade for you while you get the daily profit and rewards.
Do you mind sharing info on the adviser who
to
assisted you? I'm 39 now and would love
grow my portfolio and plan my retirement
SARAH JENNIE DAVIS
That's my licesed Financial advisor you can easily look her up, Thank me later!
Absolutely 💯 I've been obsessed with charts and day trading and I'm 4.5yrs in and just started being profitable 📈
Took me 3-4 years to become profitable. Always kept in my mind "If it was easy, everyone would do it". If you're willing to get back up every time your knocked down, you have something the 99% dont.
About a year ago I started looking into trading. Without any help or watching videos I wasn’t doing too bad with my trades. It took me 4 days to have somewhat of an understanding and a little routine I was obsessed with.
Once I started watching videos and trying others methods I took L after L so I quit. I started studying and learning again about a week ago and what you’re saying is very true, especially for the average person.
Realest trading advice I’ve ever heard. I’m unfollowing every trader I have subscribed to and only listening to you. Thanks for being real.
Its nice to hear someone telling the truth instead of conveniently omitting it to sell trading courses. None of these other educators/coaches/gurus want to tell you that its going to take at least 2 full years of staring at charts before you have the required market intuition to attempt to trade real money, especially for futures. Then after 2+ years you get to discover the horrors of trading psychology, trade management and self sabotage. Noobs are less likely to give their money to a buzzkill and would rather give it to someone who blows smoke up their ass, and the gurus know this. There's no half hearted success in this game. You have to be willing to grind out the hardest thing you've ever done, and one of the hardest careers one can do.
There are lessons in losing that winning will never teach you. And I’ve lost $64k in one trade before resetting me back to zero. True story.
I total agree I'm 55 years old 4 years into this I'm finally winning trades I lost 120k to get to this point I listen to everyone including you thankyou john from new-zealand
As a successful Poker player, now dipping my toes into trading.. the fundamentals that you put the main conviction towards is so true in trading and in so many other ventures in life..
Get educated, build a plan, have bankroll that's potentially disposable..
And build good habits based on vetted information and self proven strategy.
Great content, thanks for being a great community voice of reason in the space
Love your point about being in "the right category of finance". I've had a lot of friends and family over the years ask if I can teach them to trade, but are usually looking for a way out of an immediate problem with no savings, barely a job, no knowledge of trading, no self-ability to do a little bit of research first. You need to have something of a foundation first as an adult, rather than have everything falling apart and looking for a quick fix. Trading is not the answer for that.
One of the only trustworthy traders. Real Trader she!!! 🎉
This truly sets a realistic perspective. Thank you so much Tori! Your channel has inspired me to actually start documenting my trading journey and being completely transparent with my viewers. I’ve been trading for 3 years now and just found profitability and hoping to share my journey to inspire like you!!!
When i 1st started trading back in 2019 i herd this same message, and was highly disapointed, its a hard pill 2 swallow but everything Tori said is tru. But i stayed focused & prayed up. i basically taught myself how 2 trade from ova 800 you tube vidoes. Being 5yrs in and still not consistant yet i alwalys had a no quit attitude, and prepared myself for one hell of a mental fight 2 be profitable. but i am seeing better and better results. in my experience the simpler u making trading the easyer it is, less is more. the best strategy i found 4 me was supply and demand, and using the silver bullet strategy has worked the best 4 me. I love how simple Tori strategy is as well, all strategies work pick one or 2 and back test the hell outta it, and most important learn how 2 be a good losser trust me this is key!!!!!!!! Cutting losses is the biggest reason im not profitable yet.
People think that all of the time is dedicated/ focused on developing an edge, when in reality, the largest portion of your time is developing the emotional intelligence needed to be profitable. Beating your brain out of its 200,000 year wiring for immediate gratification/ extreme emotions is hands down (in my opinion) the hardest thing to keep in check.
Also, SO glad im a Taurus and quitting is literally something I cannot do. 💪🏻 ♉
@@megan8494 thats literally what it is.. its so weird people put a clock on this stuff. People can become profitable in months or not even in 5 years.. its such an individual journey. Where you have to marry your understanding of the markets and strategies with your self awareness.. well awareness isn't even the right component.. it's a sense of emotional rooting or something. Just starting out myself, but this was the first thing that clicked for me.. coming from some pretty fanatic poker, where much of same emotional control is necessary
Hi from Scotland.. love your trading style.. I got so sick of strategies and patterns that people teach that don’t work.. 😡😡 I started doing my own thing at the start of this year with trend lines S&R and swinging till I get an alert.. I look at charts once a week and set all my alerts then get on or out on my alerts.. I only found you 2 days ago.. and to find your doing this too and being profitable is amazing Im also profitable since I started my own thing which turns out to be exactly what you do.. your a joy to watch love your style 😬😬 I’ll be sticking with this style I love it now, so much less stressful.. set and forget 💪🏻👍 take care 🥰
Well said. In particular I agree with the comment regarding screen time. I have stared at 6 screens simultaneously for just about 2 years. What one learns from screen time is invaluable. I am turning the corner now at just under 2 years and being profitable. However, I am a bit older and I think learning to deal with a life’s worth of adversity (the regular stuff such as job and health issues) is also very helpful. If you can’t deal with the typical adversity challenges in your life, then do not think about trading …… you won’t succeed until you can handle life’s normal advisory challenges. Yep, don’t quit your job, but at some point you can’t do a 9-5 and day trade at the same time and truly accel at trading. At some point you have to go all in, but may need another gig that doesn’t interfere with your trading hours. Also, you will have to live, eat and breathe the markets until you develop expertise. Obviously this takes a lot of additional time before market open and after market close. Good luck!
I’m just getting there at year 5. Sooo glad I didn’t quit.
wow I am also in my 5th year, its not easy learning ton trade from a place like west africa with lots of challenges, but I give god all the glory
I resignate with this video so much.
I left my job, sold my car, took out big loan and tried to day trade. 3 months later it was all gone. It's taken me 4 years to pay back all that debt.
All those things affected my trading psychology and i ended up a broken person.
Can you tell me what you learned?
It’s very informative video and well explained to anyone new on cryptocurrency investment.
As a new beginner you surely need a professional broker to guide you through.
Digital currency has a huge impact to our society today so as a newbie you just need a good portfolio manager to help you out.
If not Andrea Lund I don’t know what my trading status will look like thumbs up for her good skills.
How can I reach their platform?
Trading live limited.
I loved the fact you brought up savings. Legit that’s such a simple truth and it’s funny how much it’s overlooked. People sell the idea of easy money, but it takes hard work to be able to save 5K these days.
@@briangarcia5439 Just use the Simulator for the next three years and save $25 a week while you are learning. Never bet more that 1% of your capital EVER once you start to trade live. If you trade Futures, you don't have to worry about the PDT Rule and can place bets as low as $10. Good Luck!
I like using the analogy of learning to play a guitar. You have to love doing it. Trading practice is seat time, making and losing money. It's a skill you learn. You don't become a Rockstar overnight. ❤
Great video! So true. You say what is really reality. The more you’re in the trading space the better. Submerge your selves in trading, be around other traders, be willing to do what 90% of traders won’t and with consistency, you’ll make it to the top 10%.
It's been nearly five years since I started the trading venture, and I'm just now FINALLY starting to "get it". Why has it taken me so long? I've been an extremely slow learner since day one. I still don't quite know as much as I probably should by now, but when I'm finally able to crack a learning code of some kind, people be looking at me going "WTF just happened", which is why I flat out refuse to give up. I look at this as sort of a gift, but it can get frustrating at times.
Staying motivated can be a key factor in achieving our goals. It's essential to find what inspires and drives you to keep going, even when things get tough. Thank you to Mr. Zach for being a source of motivation and support along the way. It's always great to have people who encourage us on our journey.
So thankful to Zach for his guidance in the financial markets and helping me make steady returns. Having him as a mentor opened my eyes on the importance of investing and passive income
How can I reach out to Zach please ? I’m new into trading
Zachfinance
Zach has been very instrumental with my winnings. Having monitored my portfolio performance return huge six figures from the last 2 quarters, I have learned why the market will remain a money den for those who know where to look.
Thank you for sharing such valued information, I have just found his profile online and I am now working with him
I have a brother in law who makes ridiculous amount as a scalper/day trader and he's taught me a ton. The first thing he taught me though was that this isn't a fast fix to freedom and financial fixes and that if you can't deal with the reality of the psychology of resistance of emotional trading, you will ruin your life. It's just that simple. I feel like he would agree with everything Tori has said here.
When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
she is right. it took me 4 years to master xauusd. i have seen it all with this pair - elections, covid, wars, fomos. now nothing phases me, im a damn dere psychic with this predicting its moves
3 years to master system and $3000 in savings and multiple sources of income for consistency. It is something like you don't play golf to stay fit, you stay fit to play golf. In trading, it's you don't trade to get rich, you trade after getting rich to stay rich..
In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Walter James's valuable insights and daily trade signals, coupled with my commitment to continuous learning, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!
HE'S MOSTLY ON TELEGRAMS, USING THE USERNAME...
@Gainwithwalter7
Walter James is my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
What impresses me most about
Walter James is how well she explains basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades
The advice that many people can trade the same strategy but different results, with some succeeding, reminds me of the Turtle Traders from 1970s or 80s. Same strategy but different results. Also, the realization that trading well can take 2 or 3 years reminds me of long-haul trucking. After 4 years or so of trucking, I realized that there really is a lot more to it than just driving. A trucker with only 1 or 2 years experience still has a lot to learn, and just plain experience and time on the job is the only way to learn. Tight loading docks, low overhead clearance, minor roadside repairs when things go wrong like 2 air brake hoses in the trailer rub a hole in each other and start leaking and the dashboard gauge shows lost air pressure, paperwork problems, getting food-grade tanker trailers sanitized at a tanker washout facility, troubleshooting the electric relays to figure out why the windshield wipers are going crazy, DOT in the weigh station says your back axle is overweight by 2 thousand pounds, detour through a small town and discover the intersection is too small to turn, etc. It seems like 2 or 3 years is a good estimate to figure out how to do most anything well including trading in financial markets.
I love that Trading has taught me lots about the Economy. I’m 17 and 2023 was my first year trading stock options, I lost $5,000 and I see that as a tuition. This year I added $2,500 to my account and have over doubled it already so I have withdrew what I put in and am playing with profits from this year.
Very interesting! You have a great view on trading much as Jim Simons did in 1978!
I am 84 years old and trade less frequently at this point. Each day I go to a shop where I am able to interact with young people and work with my hands and use another part of what is left of my brain.
Do homework, analyse direction of a trade and set a target and get away from the monitors to avoid over thinking and constant adjusting.
Excellent teaching! Many thanks
Attach to any discretionary fund manager concept like sir Luiz Nunes that will manage your capital for the main time. I learnt my lesson
He’s mostly on Telegrams, using the user name
@ traderLnunesjr ..that's it
@@StacySiderisAhern look good for 84 years old. Go and scam someone else ffs
@@robryan9675 84 years???
She’s spitting facts. I was there and now I’m here, holding strong.
Been trading since 2009. Best year was mid 6 figures profits. Worst year was low 6 figures losses. Been fun and humbling.
Wow! That’s a rollercoaster! Hope you’re doing good now.
I love the reality and vulnerability. A lot of truths. I’ve paid attention to stocks for a while now but never day traded. I tried futures and didn’t feel like I could do it. I switched to options and I think it’s better for me. I’m a personal trainer so my schedule is busy and sometimes inconsistent. I’ve been paper trading for weeks and I feel like I finally hit my stride. In 2+ weeks I went from 1k to over 3k. I’m waiting to be more consistent and make sure I’m emotionally ready to let my system work. I always enjoy your videos.
Great video. Every aspiring trader needs to watch this video. No BS here, just the truth.
Totally agree with what your saying took me 3 years to get where I am being profitable still have the odd meltdown but working on it. Trading is always work in process and your always learning to adapt to the changing market
Q1 50k. I know a guy who makes that in an hour, the guys is a BEAST and he teached me the basics and I can tell you guys , it's 80 % mindset and patience and being bold at the same time. He only uses trendlines , support and resistance. So yeah. That is what makes the difference.
rsi, ma, mq and nq with vix
Love this subject. Its good to hear traders talk about the realities of trading with others. We need it. Thanks!
It’s so funny after time the patterns started to appear. I could see the set ups. Learned to wait for it too.
As someone who has day/swing traded for 30+ years, with a body riddled with battle scars, this lady speaks the truth. 🙏
I totally agree with what she is saying however, i don’t think you absolutely NEED 3-5k to start, i mean i managed to turn 500 dollars to 2k in a week of trading S&P 500 now i may have gotten lucky but even so, if let’s say i had more experience i wouldn’t have blown it however, i think it’s very possible to turn something like 500 into that 3-5k that she was talking about. So yeah i agree with everything else just that point i have to disagree on that one
This is quite true. It's going to take a year to find, learn and get comfortable with a trading plan that works for you. It's going to take about a year's worth of forward data testing to get any kind of long-term benefitial confidence in your plan. It's going to take about a year to build capital and get to a point where you are comfortably living off consistent trades full time. We haven't even put any hickups like lack of discipline, or maybe it takes you longer to find the strategy. Maybe you mess up and damage your psychology to a point where it takes longer to get comfortable. So 3 years is actually a short time to get successful. Businesses in general expect to break even in at least 2 years.
A huge reason i was messed up in trading was because i bought into the whole "get rich in 6 months" pitch. I can't tell how much this messes up your time frame, even with the right strategy. It actually keeps you away from success for much longer than you would otherwise take. It's like entering a 5 mile marathon and sprinting full speed because you thought it would be a 100 m race.
I agree with her. Getting multiple sources of money, being wise, being patient and continually saving at least 10 to 15% of your annual income is the path to having money.
Thank you Tori. I have been learning to trade for 1 year now it fits with my life but I still need time to study charts and all that you said. I know with time, determination, and discipline, I will be making an income from trading.
What you accept as true to you, becomes your reality, what is Not is not. Remember that "All things are possible to them that Believe." You can turn $100 - $5000 if you believe. That's the Unfiltered Truth.
You can,but will take longer than turning $5k to $100k.....shes just being realistic if you want to start making a living from it,and making decent returns...
This is arguably your best video. The reality is hard but when you push through. It will make you a better person.
I turned $40 into $1,170 and I started making stupid mistakes and started trying to make my strategy better and I forgot what my strategy was 😂
I know I wish I documented my trades 😔
Awesome honesty! Like I tell everyone who considers trading. When talking about difficulty of being a successful trader. Don't look at trading like playing a video game. In reality its like coding a video game. And then like she mentioned. That's only the half. Mental aspect kicks in too. That's the other massive hurdle.
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Daniela Montori focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
I'm surprised that you just mentioned Daniela Montori here. I met her at a conference in 2018 and we have working together ever since.
Yeah, 🙌 $253k from Daniela Montori, looking up to acquire a new House 🏡, blessings 👏.
I remember giving her my first savings $20,000 and he opened a brokerage account for me it turned out to be the best thing that ever happened to me.
The very first time we tried, we invested $1500 and after a week, we received $5240. That really help us a lot to pay up our bills.
I'm new at this, please how can I reach her?
i have been trading for 3-4 months, but very consistently and i am already profitable. i invented a strategy by just playing around on charts and perfected it, its doing like 50%-55% win rate and has a RR between 2:1 and 3:1(on backtesting it averages around 20-40% profit a month), i dont get why people take so long tbh, cuz if u do everything right, its actually so quick. however im not perfect of course, cuz im still struggling with psychology, but even with that i am able to still somehow be profitable. i am just beginning as well cuz i am currently on my first 10k acc, on phase 2, after passing phase 1 in 4 days with a 51% win rate. (i miss half the setups cuz im trading 5min TF during school, so it isnt very convenient)
Putting pressure on yourself does make you see shit in the market lol 8:28 I remember when I took 200 and turned it into 5k in about 43 trading days to pay back an investor after a botched real estate deal. Funny thing is, after I paid him back and I had ~1700 left for myself, I blew it in a little over a week. Madness. Madness I tell you.
This is what people need to know about trading. Not easy to have to tell the truth about the struggle, but I've found the truth serves people so much better than to lie and give unrealistic expectations. I am a believer if people truly know what they are up against, they can make true decisions on taking the dive in if they are willing to pay the price. And if something is your ultimate desire and passion, a high price is almost always worth the cost.
I did it in 8 months. But I was focus like a bull. Trading, papertrading, charting and so on. And I'm very profitable.
Catch the trend and price action, volume and momentum. Works like charm. I don't scalp. I'm a trends chaser.
💯💯💯thanks
☝🏾
What’s a trend chaser in comparison to scalping?
Yeh that's great ! But you haven't gone through all market conditions, that's why it takes 3-5 years to begin to see consistent results. But reaching that point in 8months is awesome, keep crushing it
@InnerMoonTrading Don't need to. Currencies, indices and futures. No one needs to go through every market. Just find the one.
That's like saying you haven't played for every team. When being with one team, you already achieved success.
@@theblockcat-ain1572 I never said to trade every market, I only trade nasdaq. Im talking about the conditions, for example, when the market is ranging, or when its at ATH or when its in the summer months, (less efficient PA). the market from time to time is changing. you will see through the years
This is grreat because its the truth 💯 I'm 5 years in and my eyes didnt adjust to chart movement and price action til like my 3 year !
Diasgree on 3000 dollars capital thousands of people have made it with low capital just by being discipline
Agreed
Agreed
I also have to agree her points were valid but this one
Are you one of these people that have made it with low capital by being disciplined? In every business it’s the same way … you have to invest big so you can have decent returns. What trading makes is an illusion like the one you mentioned. You think you are the smartest person in the world and you will crack the code and your story will be different POOR MENTALITY. Man up , accept reality and do it the proper way! At the end everyone gets what they deserve ✌️
@@stevenmilchev935 there is no proper way.
Word!!! I am on my 3rd year now with developing/evolving a unique/personal trading plan and see improvements, not all of the time, but a significant number of times! A lot of plugging away and plowing through "the dark night of the soul." Just found your YT Channel and find it very informative and it resonates with many principles that I have implemented. Trading is definitely a passion for me and I believe in myself and my plan so I continue onward and upward. Happy trading and TY for sharing!
But ive seen my friends who'd flip $100 to 4 to 5k in a week using full margin.....i think it possible but just not for everybody
yeah, i think she means without leverage. i use leverage and no need a lot to make couple of hundreds at the beggining but you need to size up overtime to make bigger bucks... compound is key. I agree you need 3-5k at least to make a living out of trading but you can do 300$ on 10x leverage which is 3k order size... the result and risk are the same.
Nothing is free, everything requires work and commitment in some form.
The shortest education I have is 1.5 years.
I don't know any education after 9th grade (16 years) when you choose your future which is under 2 years, I would say about 4 years or more.
today you can't "clean" without an education.
When we talk about sports, we talk about grinding until you have it in your bones and you do it instinctively.
This can be so terribly boring.
All houses need stable foundations. no house is stable with 1 pole.
So I think you are absolutely right in this video
Thanks for sharing FET and AMS89H$. 💯
This is good project from Amazon
I am also AMS89H$ Holders 🚀
this is only crypto project that I see has real use
I am counting on AMS89H$. It will be on the TOP 5
AMS89H$ is still extremely undervalued
God I took a 3k lost yesterday it was painful but instead of trading today I decided to take a break go about my day gym work etc. came back to the charts and took it as lesson to understand what I did wrong haha definitely helps. p.s. for those of you that are new to the channel please dont listen to anyone in the comments its all scams! Do YOUR OWN DUE DILIGENCE BEFORE investing.
Coming to stock and option I will always be grateful and thankful to Mr Ronal’ for giving me the knowledge and helping me recover my loss from the market 💯
he’s mostly on Telegrams, using the user.
@R o n a l f x 2.
Sir Ronal’ has offered profits to investors who wish to recover losses including myself and it’s a great honor to be part of them 🥳
Thank you so much, Sir Ronal’ I never imagined to receive 8 lakhs rupees after investing in my trades with you. God is going to continue to bless you.
His technical analysis is excellent and his interpretation/projections of the market are so accurate’ The point is Ronal’ is the perfect trader to follow for advice and guidance
I appreciate your honesty and transparency. It is not very often that I find that, you're like America's sweetheart of trading. Thanks again 😊
Your videos were great!! I'm one of your viewers and have been watching your videos lately. I would like to invest, but I still can't find the right investment to commit to. I will appreciate any help here.
Thank you Tori. Just started trading in old age. Truth is scary but i m hoping to turn the tide . You are a gem 🎉🎉
She is one of the few honest traders on TH-cam . She keeps it 💯
best video too precise
Thanks for this currently in a winstreak, already getting complacent and over confident after a year of trading. This humbled me down.
Looking forward to your Accelerator course. I went to become full time also but my strategy seems to work some days, and then not at all other days. So I'm hoping to learn 🙏🏽
My strategy doesn’t work some days as well!!! Just a matter of sticking to one! And mastering it 💯💯💯
@@ToriTrades so stoked to have gotten a reply 🙈 looking forward to learning trendlines the right way next month 👏🏽
@@cbfcteam2698I’m so excited for you!!
Temperament is probably the word you need. You have to have the right temperament,so when you lose a trade,its an investment with a loss.....Win or Lose ,keep your cool and focus,ive stopped overtrading and have a higher pecentage of wins....too many variables to mention.....
Ive learned to keep my mental stability neutral,ie,from being euphoric after a win,to jump off a balcony after a loss,just keep it neutral and focused on strategy....Win,lose or draw !
With the potential AMS99T has shown, I wouldn't be surprised if it surpasses even the most optimistic expectations
Wish I'd seen this vid years ago. Everything this young lady says is spot on.
Purchasing AMS99T at such a low price feels like a steal. Holding onto it for the long term seems like a smart move
No crypto is throwing your money in the toilet.
As a trader of 4 years I resonate completely with what you say.
Took me 2.5 years when I signed up for the 3 month plan lol
Been working on this since June 2023. I am just now becoming profitable on a DEMO ACCOUNT ONLY. I think I'll be ready to go live by the end of this summer. However, I will only be trading micro-lots or mini-lots only, and I have no delusion about being uber-successful right away. But I am confident I'll be able to pass a Prop Firm challenge within the next couple of years. That said, it is still very hard.
It's a shame you've resorted to manipulating people to believing you are a successful trader , so they join your mentorship.
I guess you saw bigger dollar signs being a scammer then a personality for TFT...
You scammers have no shame
Agree with all. For me, right now, an important point you made is being able to stomach those drawdowns.
Patience is my biggest enemy right now.
That and finding the right stop loss for the trade situation.
Let the strategy do it's thing.