it’d be a whole lot cooler if you scrolled back up and smashed the like button Edit: a lot of people asking how I got passed the pattern day trader rule, I mention in the beginning of the video that I had other money on my Robin Hood which is why it was convenient for me to use the app, since i was already passed the PDT limit on there and I only needed to transfer another 10k just to trade with.
First two years lost 17k total including education 5k . Now made 70k in 3 months. Turn 25k into over 140k .and still going . Im very thankful i never quit.
@@aceliu5997 in my country you can't use leverage, so it impossible to turn 30k to 300k through stocks. It is more possible through forex, but damn, I suck so hard at it.
You were probably doing market orders, thats why there was a difference in price when you sold. You need to do Limit orders to get filled at a exact price you want. Price difference will happen if you use market orders regardless of brokers.
@Bobby Yeck I'm young and starting out. It would really be appreciated if you could tell me what sources assisted your studying and if possible you could give a general idea of your strategy for day trading. Also, what do you think of me placing 75% of my portfolio in dividend paying bluechips for long term and 25% for day trading. Thank you so much man. 👍
@@yaboi5654 Yes especially when I do an OCO with limits. Sometimes I do get partially filled at my TP and SL and it reverses to the other end, ruining my risk management. That's why I've accepted entering trades with limits and exiting with market if touched and have factored slippage and commision into my RR.
You are absolutely correct. Most traders go into the market with no foresight, many of them have the mentality that trading is a get rich fast business why others invest a token and expect millions in return but it's not that way especially when you trade on your own. You lose alot due to being inexperienced. The only way to success is by investing with a trusted professional. I'm speaking from experience.
I work with Mrs Wan too, she's a US based broker with enough years experience in trading. She's also licensed by FINRA. For those asking how to get hold of her, you can reach her on Mrslilianwan(a)gma!l.com she's opened to doing business with only seriousminded people.
Hey there, i think what you meant when you said a trading plan is; 1. Develop a Working Strategy 2. Invest using that Strategy 3. Use Proper Risk Management 4. Always have a Stop Loss I know that with this plan anyone can be successful in this field but the problem as a beginner you don't know this. The way forward is to invest with a licensed broker and Mrs Wan is one
Same shit happened to me, I tried day trading and bought a stock at $14 and wanted to sell in seconds at $14.10 and actually sold at $13.90. Not a big deal but it was annoying
The price spread between your buy and sell prices is so big because not many people were trading the stock. It’s a good beginner practice to trade stocks with average volume over 1million per day. The spreads are usually less than 3cents
Day trading is difficult to master. It requires time, skill and discipline. Many of those who try it fail. With enough practice and consistent performance evaluation, you can greatly improve your chances of beating the odds.
I agree, for folks who are beginners, you need a trading plan and a diary. Take notes every day on whether the trading went well or badly and also why you decided to enter into the trade. Also, dont trade more than 1% of your balance and use the lowest amount of margin if possible to preserve your bankroll. Lack of discipline and getting greedy will be the end of you. Always, always remember to move your stop losses to break even when the stock is getting g profitable to protect yourself.
@@SuperKendoman where can I learn to start from the basics? You sound like you know what you're talking about please recommend where to begin. Want to change my lif
@@Rubannoo when you buy/sell @ market price you buy/sell according to the bid/ask price. When you set a limit order for buying/selling you set the price and hope it goes thru.
Dang, I should of been doing limit orders since the beginning. I was al ways buying at current market price. But limit orders I guess it’s better strategy
This is why I love Biaheza, he is honest and doesn't try to flex huge and misleading numbers like others with similar channels. His results don't seem unrealistic and he explains how he got them.
Robert Blank With the aid of the brokerage services provided by my financial broker Mr Leon Marceli. Courtesy of him, I’ve been able to groom a total earning of 48630USD over the last two months
Portfolio management is quite advantageous, it thrives on the principle of investment insecurities in such a way that maximizes one’s returns and minimizes risks in order to achieve the investment objective
Blanche Ivey had couple of reoccurring losses in the market last year, trying to make a difference this year. Currently got $2,500 how do i work with your broker?
@@johnmcconnell216 I saw the recommendation but I didn't bother chatting her up, I keep losing really I still don't understand how the forex market works though
It's really worth noticing at the 09:11 point. He bought at $9342.75, sold at $9465 meaning he made $123. The same day it moved over 5% meaning he risked $9000 to make $123 and came very close to losing $500. Any money you make trading means someone else has to lose it and 80% of traders lose money.
Thanks for this video Biahera, I've been trading for a while now and after watching your video? It was just so impressed at how easily you stopped after two trades and said you are not going to be greedy. I really respect that and promise not be be greedy in my own trading hence forward.
I always thought that even limit orders may drift some in highly volatile or liquidity stocks or different types of brokers.. Am I wrong? (I know VERY little) Also, I wonder if he was using a stop-loss order.. I believe it's pretty easy to make money consistently without one, but the rare time it starts dropping fast you'll likely lose a bigger chunk then you made with all the "wins"..
The stock market is how I make my living and how my dad was able to quit his job and honestly once you learn it it becomes boring but the profits are never boring honestly would recommend trading to anyone who wants to learn jt
I’m really new to trading and I’m currently using the Robinhood app. Which brokerage would you recommend I use for day trading once I get more experience and revenue?
Nick I use interactive brokers, without a doubt the best platform I’ve ever come across or any of the people I teach have come across so I definitely recommend that once you get some experience and profitable trades under your belt you should definitely move to interactive brokers
Dude your videos are SO golden. I follow a handful of different personal finance based TH-camrs, and they all have their fair share of nuggets, but I swear, every video you upload has loads of value! I'm so glad I found your channel.
The stock market Is a safe pIace to invest for a Iong-term goals. ... and if you have a goal that is a decade or more away, such as retirement, the stock market is also the best place to put your money. but in other for you to be successful in trading (minimize risk) you need to be an experienced trader or you seek help from an expert who will handle trading on your behalf...
Stocks have the highest return of any investment asset over the long term. According to the Federal Reserve, the stock market has grown by an average of more than 10 percent a year over the past 50 years.
@@najeebammarharb853 Get an education. Before you tráde anything, learn everything you can about ínvesting and the market or If you’d rather stay largely hands-off after all, then ínvesting with a pòrtfolio mánager might be a better fit than tradíng yourself
Post hoc rationalization .. stay FAR away from markets if you aren't allergic to hindsight analysis. Comments like yours make me nauseous. Selling was the perfect trade at that time. Stick to the plan.
@@aesirvanir8671 Exactly. Nobody knows the future, just be happy you made the trade at a profitable level. For example, today I had a Twitter put that made 30% in about 10 minutes. If I held it for longer I would have made 60%, but it could have just as easily dropped by 30%
Dukeofangus not from day trading probably lmaooo, look at the title for one but he does e-commerce and drop shipping and makes over 100k a month, he’s a millionaire already but he could easily be a billionaire if he keeps up what he’s doing for the next 20 years.
I don’t think you understand how difficult it is to become a Billionaire. Even at 100k a month it would take approximately 834 YEARS to amass that much wealth and that’s assuming you don’t spend any money.
I want to thank you Biaheza! You motivated me to continue building my online businesses and now I am financially free and make a full time income online. You're the real MVP
Hey biza been watching your videos for a while, and I actually day trade stocks and make videos on how to day trade stocks. However when you mentioned that all your orders on Robinhood were getting filled way above or way below what you actually wanted to get in at, it’s because you had to set the buys and sells into “Limit order” not a market order. Limit orders gets the exact price you want to get in at while market oder will get you an average price of the bids and ask thus making you getting a price you don’t want. Hope I helped you with that
So far every time I sold stock on Robinhood it actually paid me more than what I sold it for. Looked like the price i creased while I was in transition.
i struggled as well bro when i was with sykes. after 2 years i changed my mentor and now i learned so much more that helped me towards the right direction. hope you find your path too.
To make the trades he made you need at least 25k otherwise you have to wait the day you traded + 2 days for your sell orders to be finalized. Otherwise your at risk of your trading account being put on a 90 day hold. Meaning if you buy let's say tesla and sell it the same day then buy amd right after your going to have to ride amd for 2 days untill your no longer trading with the proceeds of a un finalized sale. There are ways around it, some companies will fill your account to the 25k limit but you can only use what you put in.
Assuming using a US based brokerage: If he is using a cash account, he does not need to worry about the PDT rule. He is still subject to the two day settlement period though, so what is reflected in the video is not realistic. To do what he did in the video, he would need several times more than the $10,000 he says he started with in the video. On a margin account, he would be limited by the PDT trading rule (three trades allotment over a rolling 5 trading day period) if the account is below $25,000, but he can have access to instant settlement if he chooses (the broker loan, the "margin"). I could be wrong, but it seems he, the guy in the video, is doing this as a straight cash account. If so, what is happening in the video is not realistic.
Day trading is really tough because you watch a huge amount of money go down the drain in just a space of few days this is possible when you don't know how to trade, i prefer to invest with the aid of a portfolio manager.
The Stock Market is a liquidated market that has been on for ages, its only beneficial to those who follow through the right procedure. I have been investing in it and i get a good return on investment.
you are totally correct, i invested as little as $3k with Mrs Lilian Wan and she bought 3 stocks with that amount right now my portfolio is worth $18k. She is my portfolio manager.
Day Trading wasn't the way i started my investment with 10000dollars. I invested 10000dollars in the forex market and it yield 7480dollar as profits in one week, this is a good return right?
I've been working with Mrs Wan for over 2yrs now, she renders top-notch services. I don't regret investing with her even if I can trade for myself. She maximizes my account and helps me earn lots of profits.
I am from Spain, my friend in Texas referred me to this channel you make a lot of sense but I do not understand anything until she referred me to a financial counsellor in USA that help me to craft my portfolio and over a year we have been working together making consistent profit enough to get me a new apartment and care for parents.
@Gary holland hi, it is not a he. It is a lady. I see most things she says and use to carry out trades are done by Steve. that is how I know she knows what she is doing. in her technique of over night trading she says she use stop loss and take profit strategy. She trade on her account and it reflects on your own
@Gary holland Her name is Rita Marie Swann. Look her up on the web, she is quite popular in the U.S and a certified financial adviser. God bless Rita for what she is doing in my life.
@@ringlandcreations3813 thanks for sharing, I am currently on her website and what I see is impressive. her resume and her experience is just awesome. I hope she replies me
@@sunshineonme I have referred a few of my friends, she is working with them currently and they have improved greatly with their finances. I have made 113000 usd since march last year with a capital of 10000 usd that i initially deposited, she collects her fees after you have made profit and her style is such that I am in control of my funds and to a large extent also what happens on my account.
I do forex, 3 years now. I had a security breach and lost it all, but I started back up with $200 usd and in 3 days got $500 usd. Only 1% of people can do this but if you grind hard enough and accept all losses and gains without emotions and also dont live in the USA you can make a future for yourself. Keep learning, love your vids
I had ok 15 shares nothing really was up to 330 sold at 230 everybody said dump now look but opening day I bought 25 shares beyond meat 25 a share went to 50 bought 25 more next day dump 3/4 if it at 239 held on rest at 156 saw dropping dumped all at 134. Not much into this idiot that manager my wife's 401 did squat I did better than his 10 yr experience.
Been practising for3yrs ,I've turned endless demos but never was sure about trying this as I have little dollar , fair play fella maybe 2020 will be the year I proper try
@BrahDuhother than it's real money ,your money ,! what's the diffrence between the demo and real I suppose"if you dont give it ago you will never know " in the last month Tesla and uber all day, over 58% on every trade ,doubled my account in a month by just buying on the 8pm dip using only the RSI ,how is it so different?.
You need to go into Every Trade With An PLAN ....... Plan Your Entry, Exit, & Stop loss. (Risk management) is the most importance....... If your risking 1 $ make sure your potential for profit is a least 2$. Basically make sure your potential for profit is 2x the risk every trade you take. Also practice mastering Price action as in SUPPORT & Resistances. After mastering that use indicators for confirmation since your a beginner. #StayGreen 🤘🏽
One of the best you tubers that gives knowledge like this. Also the bits where he includes sound effects and funny stuff like that is downright hilarious lol
Bro, 1) I would like to know how much you profited by making this video. 2) I also would like to know how much you gave to robinhood by not clicking order types and doing a limit order haha Thanks for the vid! You got a sub!
@@jimmiesteve9944 speaking of forex trading, it,s the best business in the world right now. I know a couple of friends who make a whole lot of money trading the financial market
@@ibrahimclark983 As a forex trader, it's almost inevitable that you're going to experience some ups and downs along the way. Alertness and decisiveness are both fundamental ingredient in the recipe for a successful forex trader.
"take profit" is probably going to lose you money in the long run. (Unless you got a backtested strat on that) Looking at the graph of 9:22 what you really want is a target point (1) on a previous high and sell half. Move the other half to break even (or if you feel uncomfortable because you suspect price is going to drop) move it to target point 1. You can even consider buying more stock if it retests target point 1 but doesn't drop below it. Your new target point would be the same as the risk you're taking. (spread+points for broker) In mentions graph this strategy probably would have netted you 0,5 position profit and the rest on break even. If you were lucky (and were modest with your second target point) you would have had 1,5 position profit. The last 0,5 would have been stopped out at break-even.
Hey. Use limit buy and limit sell orders. Simply put it limits how much think or swim will buy stocks. Ie a limit buy order for $5 per share. Means buy this stock at $5 or less. So that way your safe against quick market changes.
Wait, this has to be a joke right? This guy is trading with a line chart, robinhood account, and market order? That's like playing the game of "Name 3 things you shouldn't do in trading".
Use limit orders not market orders! The market maker will always screw you over and bag the difference if you run an order like that on illiquid stocks.
You are a true inspiration! You made me want to start my own TH-cam Channel for my small shop you are a blessing! Thank you for teaching and motivating me wish you all the best with your success!
This video is deceiving because unless you have 25k in your account you are under the pdt rule meaning you cant take more then 3 day trades in a rolling 5 day period unless you're using a cash account then it's still t+2 meaning the cash you use in one trade takes 2 days to settle.
What did he lie about? He even said he knows nothing about the field.. and he only traded for 3 days which shows in the summary at the end of video, maybe you need to be more aware. I know about the rule as well which is why I caught on to these little hints (cues) in the video. I hope y'all stay blessed
@@BlakVenim He prolly wasn't lying but because of the PTD rule he would have certainly got a margin call from Robinhood for the $9000 for the last trade. You can't use money from sold stocks until it "settles" 3-5 days. I made that mistake my first week trading too except I made even more trades - got a call for a request of $27,000.00 when I opened an account with $5,000 Ooooops!
Ernesto Zamora first of all, unless you have the money to lose, never jump into the stock market with next to no knowledge of it. 2nd, he had no knowledge of the PDT rule which is very serious. 3rd, he didn’t know the difference between market and limit orders (to prevent you from getting filled at really bad prices) 4th, he trades from his phone🤦🏽😂 5th, he had no stop loss set, to prevent him from losing more money... Shall I continue? Anyway, it was like me in the beginning, brings me back😂
You was trading using market price. Which is what it is. The price people are selling and offering to buy stock. You have to use LIMIT buy and sell to get the exact price you want to either buy or sell the stock.
Thank you bro for sharing your real experience. Sometimes it looks like all you touch becomes gold. But you probably also still have fails... To share your negative experience could also be very helpful for the beginners.
Really love this guy. Not trying to sell you anything he’s just trying shit just like us
and getting paid by youtube for 0.5 mill views
iM.Academy/corp/cjoin?enroller=Meera2
Lol like testing the product before we buy it
Yeah he’s also failing like us ( sometimes )
@@MrDeezel007 yeah but that doesnt even pay that much fr
The golden rule: don't be greedy and stick to the plan
I do miss the rock btw
@saif khan What kind of a course?
@saif khan No man, I am good. I don't need a course, I already do ecommerce.
Şükru Mehmed He’s most likely scamming you.
@saif khan bruh, just shut the fuck up. I know you're scamming!!
it’d be a whole lot cooler if you scrolled back up and smashed the like button
Edit: a lot of people asking how I got passed the pattern day trader rule, I mention in the beginning of the video that I had other money on my Robin Hood which is why it was convenient for me to use the app, since i was already passed the PDT limit on there and I only needed to transfer another 10k just to trade with.
Glad to know you are back! Could you give us a hint for the code in your previous video?
Hey Biaheza check us out brother.
please read my comment :)
You right, my bad.
Tai Lopez still haven't delivered my Award
First two years lost 17k total including education 5k
. Now made 70k in 3 months. Turn 25k into over 140k .and still going . Im very thankful i never quit.
What do you trade?
@@MegaMalik90 stocks. Now over 377k
@@aceliu5997 in my country you can't use leverage, so it impossible to turn 30k to 300k through stocks.
It is more possible through forex, but damn, I suck so hard at it.
@@MegaMalik90 i never used margin or leverage. Just day traded
@@aceliu5997 day trading 30k to 377k in 7 months?
You were probably doing market orders, thats why there was a difference in price when you sold. You need to do Limit orders to get filled at a exact price you want. Price difference will happen if you use market orders regardless of brokers.
Thank You
@Bobby Yeck do you only trade stocks or do you also trade options. And also what Type of stocks do you trade?
Bobby Yeck Hey bro any way you could give me any tips I’ve recently started. Dm me please
alex's music what type of trading do you do ?
@Bobby Yeck
I'm young and starting out. It would really be appreciated if you could tell me what sources assisted your studying and if possible you could give a general idea of your strategy for day trading. Also, what do you think of me placing 75% of my portfolio in dividend paying bluechips for long term and 25% for day trading. Thank you so much man. 👍
I’m here when the Tesla stock is now $700+ per share 😳😳
you are clearly new if this surprises you. we had a stock shoot from 3 to 105 in 3 days 4 years back. this tesla move isnt even that big..
wish i invested in amazon years ago, its 2133.91 11/10/2020
tonykuz oof
BRRROOOO IM SAYING LOL
its 900 now bruh tf
He’s an intelligent version of Jake Paul..
😂😂😂😆
Haha, Jake Paul has made over 50 mill, he lives in a mansion, he owns a portion of fanjoy and he's 22
@@dbricksawc3634 intelligence takes you further than stupid does tho 😂
Jake Paul monetized his idiocracy, this guy monetized his business sense... Where's the similarity? Age?
TimX12 how so, jake paul is so much richer than this guy
I love how transparent you are with the platforms you use to make money and be successful.
@Cheryl Brown stfu scammer
*NEVER USE MARKET ORDERS. ALWAYS USE LIMIT ORDERS*
That way you know what price you are getting in/out at
Problem with that is that if you have a higher volume investment your shares might be only partially sold
@@yaboi5654
Yes especially when I do an OCO with limits. Sometimes I do get partially filled at my TP and SL and it reverses to the other end, ruining my risk management. That's why I've accepted entering trades with limits and exiting with market if touched and have factored slippage and commision into my RR.
This is a very illustrative video. The golden rule of trading still remains; Don't be stingy and get a trading plan.
You are absolutely correct. Most traders go into the market with no foresight, many of them have the mentality that trading is a get rich fast business why others invest a token and expect millions in return but it's not that way especially when you trade on your own. You lose alot due to being inexperienced. The only way to success is by investing with a trusted professional. I'm speaking from experience.
I work with Mrs Wan too, she's a US based broker with enough years experience in trading. She's also licensed by FINRA. For those asking how to get hold of her, you can reach her on Mrslilianwan(a)gma!l.com she's opened to doing business with only seriousminded people.
Earning and Losing is a normal routine in trading but when Mrs Lilian Wan trades on your behalf you can be sure of more WINS than LOSSES.
Hey there, i think what you meant when you said a trading plan is;
1. Develop a Working Strategy
2. Invest using that Strategy
3. Use Proper Risk Management
4. Always have a Stop Loss
I know that with this plan anyone can be successful in this field but the problem as a beginner you don't know this. The way forward is to invest with a licensed broker and Mrs Wan is one
She works with the best trading tools available in the market that's the reason she's able to achieve 89% profitability
One of the best TH-camrs in my opinion. Keep it up bro :)
DGAZ is an ETF not a stock, it’s an inverse of a commodity not a company.
dude just pulled a drift on the way to starbucks🤣
gamz I'm dead 😂
Drift? Lmao, maybe some wheel spin in da rain 😂
U do know that it wasn’t him right ?.....
It was a sound effect
Same shit happened to me, I tried day trading and bought a stock at $14 and wanted to sell in seconds at $14.10 and actually sold at $13.90. Not a big deal but it was annoying
U big
The price spread between your buy and sell prices is so big because not many people were trading the stock. It’s a good beginner practice to trade stocks with average volume over 1million per day. The spreads are usually less than 3cents
Day trading is difficult to master. It requires time, skill and discipline. Many of those who try it fail. With enough practice and consistent performance evaluation, you can greatly improve your chances of beating the odds.
I agree, for folks who are beginners, you need a trading plan and a diary. Take notes every day on whether the trading went well or badly and also why you decided to enter into the trade.
Also, dont trade more than 1% of your balance and use the lowest amount of margin if possible to preserve your bankroll. Lack of discipline and getting greedy will be the end of you. Always, always remember to move your stop losses to break even when the stock is getting g profitable to protect yourself.
Amateur Home Cook I trade on robinhood there’s no stop loses
dejfreedom yes there is.
@@SuperKendoman where can I learn to start from the basics? You sound like you know what you're talking about please recommend where to begin. Want to change my lif
@Bobby Yeck thank you so much bro I really appreciate it 👊👊👊
It's a simple process really, Biaheza drops a new Video I like and comment to help him out.
It’s because you are doing market orders and not limit orders.
@@Rubannoo when you buy/sell @ market price you buy/sell according to the bid/ask price.
When you set a limit order for buying/selling you set the price and hope it goes thru.
Ruben II Yes, It sells once it hits the specified price.
@@BallisticApe 👈 what he said!
Dang, I should of been doing limit orders since the beginning. I was al ways buying at current market price. But limit orders I guess it’s better strategy
At |nvestwithaIice
This is why I love Biaheza, he is honest and doesn't try to flex huge and misleading numbers like others with similar channels. His results don't seem unrealistic and he explains how he got them.
Biaheza is just the best tricky yes but he’s an honest teacher kudos to him , I enjoy his work a lot
Online investments have brought me to the top of my financial ambitions, I really enjoy the stock commodity where I invest big and profits even bigger
Blanche Ivey how do you get to do it? the stock market seems damn tough
Robert Blank
With the aid of the brokerage services provided by my financial broker Mr Leon Marceli. Courtesy of him, I’ve been able to groom a total earning of 48630USD over the last two months
Blanche Ivey sounds like an amazing journey👍🏻
Portfolio management is quite advantageous, it thrives on the principle of investment insecurities in such a way that maximizes one’s returns and minimizes risks in order to achieve the investment objective
Blanche Ivey had couple of reoccurring losses in the market last year, trying to make a difference this year. Currently got $2,500 how do i work with your broker?
Next challenge: become tik tok famous in a week
Say this to GeorgeMasonTV
Water Tart yes
saif khan Na man I’ve already made sales in my store bro 😭
NO
he already us
Wow, I like that you always try various way to make money
Its the best way
=‘s..Entrepreneur 🔥
Thank you😊 for this video, do you offer account management or have any recommendations?
@Mary Spencer Any specific guide?
Learn and trade under a guide I do same and I hardly make losses in the market
@@johnmcconnell216 I saw the recommendation but I didn't bother
chatting her up, I keep losing really I still don't
understand how the forex market works though
Can anyone please assist?
@@marknoble6832 I really appreciate 🙏🙏
It's really worth noticing at the 09:11 point. He bought at $9342.75, sold at $9465 meaning he made $123. The same day it moved over 5% meaning he risked $9000 to make $123 and came very close to losing $500.
Any money you make trading means someone else has to lose it and 80% of traders lose money.
Thanks for this video Biahera, I've been trading for a while now and after watching your video? It was just so impressed at how easily you stopped after two trades and said you are not going to be greedy. I really respect that and promise not be be greedy in my own trading hence forward.
1:11 might be my favorite moment on TH-cam of all time. I’ve been hysterically laughing for at least 5 minutes with tears in my eyes!
What is funny? I made over $15000 in 3 months with Penises.
Robinhood didn’t pull a quick one. You did a market order. You should’ve done a limit order
Yep
Yeah that’s what I was going to say too. Mine has sold above market price using limit orders
You Tube Yup lol
I always thought that even limit orders may drift some in highly volatile or liquidity stocks or different types of brokers.. Am I wrong? (I know VERY little) Also, I wonder if he was using a stop-loss order.. I believe it's pretty easy to make money consistently without one, but the rare time it starts dropping fast you'll likely lose a bigger chunk then you made with all the "wins"..
Learn how to mine your btc successfully..
The stock market is how I make my living and how my dad was able to quit his job and honestly once you learn it it becomes boring but the profits are never boring honestly would recommend trading to anyone who wants to learn jt
I’m really new to trading and I’m currently using the Robinhood app. Which brokerage would you recommend I use for day trading once I get more experience and revenue?
Nick I use interactive brokers, without a doubt the best platform I’ve ever come across or any of the people I teach have come across so I definitely recommend that once you get some experience and profitable trades under your belt you should definitely move to interactive brokers
DOM GALJAARDT thank you very much and good luck with your future investments!
Nick not a problem man, if you get stuck feel free to message me and I’ll help where I can
DOM GALJAARDT hey man! Im also pretty new with trading! Which are some ways i can learn more? Are there some courses you recommend, books...?
Dude your videos are SO golden. I follow a handful of different personal finance based TH-camrs, and they all have their fair share of nuggets, but I swear, every video you upload has loads of value! I'm so glad I found your channel.
The stock market Is a safe pIace to invest for a Iong-term goals. ... and if you have a goal that is a decade or more away, such as retirement, the stock market is also the best place to put your money. but in other for you to be successful in trading (minimize risk) you need to be an experienced trader or you seek help from an expert who will handle trading on your behalf...
Stocks have the highest return of any investment asset over the long term. According to the Federal Reserve, the stock market has grown by an average of more than 10 percent a year over the past 50 years.
i have seen a lot about stock trading and will like to join, how do i go about it.
Select an online broker and make sure you have the right amounts in the right accounts because smart moves today can boost your wealth tomorrow.
@@najeebammarharb853 Get an education. Before you tráde anything, learn everything you can about ínvesting and the market or If you’d rather stay largely hands-off after all, then ínvesting with a pòrtfolio mánager might be a better fit than tradíng yourself
thanks for the advice, do you trade stock?
I think best trading is weekly trading. Day trading to gambly
*swing trading
WRONG
Skills
Warren Buffett will said trading is gambling bcuz he's an investor.
Swing trading* haha weekly trading
FollowMeOnIG quantwind I’m just gonna go ahead and not take your shitty opinion into consideration because you called it weekly trading
Too bad you didn't hold on to those Tesla stocks you would be up almost 5k.
Way more if he sold at last weeks high
acc would of been gone
Post hoc rationalization .. stay FAR away from markets if you aren't allergic to hindsight analysis. Comments like yours make me nauseous. Selling was the perfect trade at that time. Stick to the plan.
@@aesirvanir8671 Exactly. Nobody knows the future, just be happy you made the trade at a profitable level. For example, today I had a Twitter put that made 30% in about 10 minutes. If I held it for longer I would have made 60%, but it could have just as easily dropped by 30%
he already got more than 5k by doing this vid i think
This kids gonna one of our billionaires in 2045
He’s using robin hood to trade stocks. Idk bout that one
Dukeofangus not from day trading probably lmaooo, look at the title for one but he does e-commerce and drop shipping and makes over 100k a month, he’s a millionaire already but he could easily be a billionaire if he keeps up what he’s doing for the next 20 years.
Dukeofangus doesn’t matter what you use lmao
I don’t think you understand how difficult it is to become a Billionaire. Even at 100k a month it would take approximately 834 YEARS to amass that much wealth and that’s assuming you don’t spend any money.
I want to thank you Biaheza! You motivated me to continue building my online businesses and now I am financially free and make a full time income online. You're the real MVP
What do you do?
thats dope man! Great work
You would have received an equity call for making more than 3 day trades in rolling 5 days if ur account was actually sub 25k
Dane Galloso-Rankin you do know he put in at least 25k and only traded with 10k right ?
3 days trades within 5 days don’t mark you as PDT. Only the 4th one does.
You were using market orders not limit orders, That makes all the difference.
Biaheza - that guy who always comes up with the most uncommon ways to make money online... 🔥😊
yeah😅 you got a great dropshipping channel as well mr christian
Agreed HAHA
👍
yea never saw anyone do day trading, I think biaheza actually invented it
Vantux 😂😂😂
Hey biza been watching your videos for a while, and I actually day trade stocks and make videos on how to day trade stocks. However when you mentioned that all your orders on Robinhood were getting filled way above or way below what you actually wanted to get in at, it’s because you had to set the buys and sells into “Limit order” not a market order. Limit orders gets the exact price you want to get in at while market oder will get you an average price of the bids and ask thus making you getting a price you don’t want. Hope I helped you with that
So far every time I sold stock on Robinhood it actually paid me more than what I sold it for. Looked like the price i creased while I was in transition.
INTERESTING VIDEO, Biaheza... Challenges like that are very helpful to understand another ways that we can try to reach FINANCIAL FREEDOM
TH-cam: Want to be proud of a stranger?
Me: :)))))))
I think it’s really cool that you’re taking the time and money to educate yourself and invest your money.
Jeff do you need help trading crypto?
i struggled as well bro when i was with sykes. after 2 years i changed my mentor and now i learned so much more that helped me towards the right direction. hope you find your path too.
My bf was sleeping and your transition woke him up😂😂
To make the trades he made you need at least 25k otherwise you have to wait the day you traded + 2 days for your sell orders to be finalized. Otherwise your at risk of your trading account being put on a 90 day hold. Meaning if you buy let's say tesla and sell it the same day then buy amd right after your going to have to ride amd for 2 days untill your no longer trading with the proceeds of a un finalized sale. There are ways around it, some companies will fill your account to the 25k limit but you can only use what you put in.
Assuming using a US based brokerage:
If he is using a cash account, he does not need to worry about the PDT rule. He is still subject to the two day settlement period though, so what is reflected in the video is not realistic. To do what he did in the video, he would need several times more than the $10,000 he says he started with in the video.
On a margin account, he would be limited by the PDT trading rule (three trades allotment over a rolling 5 trading day period) if the account is below $25,000, but he can have access to instant settlement if he chooses (the broker loan, the "margin").
I could be wrong, but it seems he, the guy in the video, is doing this as a straight cash account. If so, what is happening in the video is not realistic.
You could also open several several different brokerage accounts and get 3 day trades on each
What a content machine bro every video a banger god damn. You’re underrated for now but your content is so real. 2020 🤫
I really wish I could risk $10000 on day trading for one week but i'm too scared of losing my money due to lack of proper investment skills.
Day trading is really tough because you watch a huge amount of money go down the drain in just a space of few days this is possible when you don't know how to trade, i prefer to invest with the aid of a portfolio manager.
The Stock Market is a liquidated market that has been on for ages, its only beneficial to those who follow through the right procedure. I have been investing in it and i get a good return on investment.
you are totally correct, i invested as little as $3k with Mrs Lilian Wan and she bought 3 stocks with that amount right now my portfolio is worth $18k. She is my portfolio manager.
Day Trading wasn't the way i started my investment with 10000dollars. I invested 10000dollars in the forex market and it yield 7480dollar as profits in one week, this is a good return right?
I've been working with Mrs Wan for over 2yrs now, she renders top-notch services. I don't regret investing with her even if I can trade for myself. She maximizes my account and helps me earn lots of profits.
im currently reading the book on your desk! loved this video man, definitely do more stuff like this!
the way you consume knowledge on these products is wild my guy, you a future and present in this. good job man great content
Biaheza: I could easily loose all of this money
Also biaheza: I haven't been this excited for a video in a long time
That Iphone alarm gave me anxiety
Add forextradercoach on telegram for a live trading signals to start making daily profits.
obviously
Buy a Wake Up Lamp. Helped me massively waking up at 5am everyday
I am from Spain, my friend in Texas referred me to this channel you make a lot of sense but I do not understand anything until she referred me to a financial counsellor in USA that help me to craft my portfolio and over a year we have been working together making consistent profit enough to get me a new apartment and care for parents.
@Gary holland hi, it is not a he. It is a lady. I see most things she says and use to carry out trades are done by Steve. that is how I know she knows what she is doing. in her technique of over night trading she says she use stop loss and take profit strategy. She trade on her account and it reflects on your own
@Gary holland Her name is Rita Marie Swann. Look her up on the web, she is quite popular in the U.S and a certified financial adviser. God bless Rita for what she is doing in my life.
@@ringlandcreations3813 thanks for sharing, I am currently on her website and what I see is impressive. her resume and her experience is just awesome. I hope she replies me
@@ringlandcreations3813 hi how much have you made as profit? is it a long term or short term withdrawal? also what are her fees like?
@@sunshineonme I have referred a few of my friends, she is working with them currently and they have improved greatly with their finances. I have made 113000 usd since march last year with a capital of 10000 usd that i initially deposited, she collects her fees after you have made profit and her style is such that I am in control of my funds and to a large extent also what happens on my account.
I do forex, 3 years now. I had a security breach and lost it all, but I started back up with $200 usd and in 3 days got $500 usd. Only 1% of people can do this but if you grind hard enough and accept all losses and gains without emotions and also dont live in the USA you can make a future for yourself. Keep learning, love your vids
Thanks fam I watched this vid yesterday and am now a millionaire!
Homie you don’t understand how hype you got me when you drifted 😂😂
Mcneedz and get did it with a camera in his hand😂😂💯💯💯💯🔥🔥🔥🔥
brandon gray thats how you do it! 😂😂
*eurobeat intensifies* DEJAAAVUUUU!!!
i still have goosebumps from that right now :P
I’m so happy that my wife’s boyfriend let me watch this video
Ben Houser LoL...your funny dude!
And oh yeah...
Your wife’s boyfriend is really a gentleman for letting you watch this video! 👍🏻
Ben Houser Cuckold
You’re welcome, bitch
Lmao why man why
You have no penis!
Tesla is now 540$ imagine if he didn’t sell
didnt last long huh, bought 25 at 200, sold at 450
Lol its gona dump
I had ok 15 shares nothing really was up to 330 sold at 230 everybody said dump now look but opening day I bought 25 shares beyond meat 25 a share went to 50 bought 25 more next day dump 3/4 if it at 239 held on rest at 156 saw dropping dumped all at 134. Not much into this idiot that manager my wife's 401 did squat I did better than his 10 yr experience.
My thoughts exactly! It’s expected to go even higher but we shall see how high.
It’s back to 550 today y’all dumb as fuck lmaooo
Been practising for3yrs ,I've turned endless demos but never was sure about trying this as I have little dollar , fair play fella maybe 2020 will be the year I proper try
@BrahDuhother than it's real money ,your money ,! what's the diffrence between the demo and real
I suppose"if you dont give it ago you will never know " in the last month Tesla and uber all day, over 58% on every trade ,doubled my account in a month by just buying on the 8pm dip using only the RSI ,how is it so different?.
No homo bro but I absolutely love you. You are so transparent in all your vids. Deadass my e-commerce mentor ✊🏽
Dude puts shitpost memes in his videos, subbed 👍🏻
I’m sat waiting for your waving hands to hit your coffee over lol
You should try Snapchat add with a dropshipping store
How bro? Can you explain it to me?
Yeh?
You need to go into Every Trade With An PLAN ....... Plan Your Entry, Exit, & Stop loss. (Risk management) is the most importance....... If your risking 1 $ make sure your potential for profit is a least 2$. Basically make sure your potential for profit is 2x the risk every trade you take. Also practice mastering Price action as in SUPPORT & Resistances. After mastering that use indicators for confirmation since your a beginner. #StayGreen 🤘🏽
One of the best you tubers that gives knowledge like this. Also the bits where he includes sound effects and funny stuff like that is downright hilarious lol
Bro,
1) I would like to know how much you profited by making this video.
2) I also would like to know how much you gave to robinhood by not clicking order types and doing a limit order haha
Thanks for the vid! You got a sub!
Get forex signal that secure your trade.thanks for the info
Forex investment is very lucrative. I made a lot investing in forex, That has been the best step i took this year
@@jimmiesteve9944 speaking of forex trading, it,s the best business in the world right now. I know a couple of friends who make a whole lot of money trading the financial market
@@ibrahimclark983 As a forex trader, it's almost inevitable that you're going to experience some ups and downs along the way. Alertness and decisiveness are both fundamental ingredient in the recipe for a successful forex trader.
i need help
I didnt get my stock when signing up on webull
Webull more like webullshit
did u deposit 100?
You get 2 first one you dont have to deposit I didnt get that one
maybe because you cant trade stocks on the weekend silly
@@oscarferraro3059 u have to deposit 100 dollars in order to get the 2 stocks :D
Massively unfortunate but that's why I'm still on robinhood. The promotion says get one for signing up and one for funding but that's not the truth.
You are going to be next big TH-camR....😍😍
Love your all videos
"take profit" is probably going to lose you money in the long run. (Unless you got a backtested strat on that)
Looking at the graph of 9:22 what you really want is a target point (1) on a previous high and sell half.
Move the other half to break even (or if you feel uncomfortable because you suspect price is going to drop) move it to target point 1.
You can even consider buying more stock if it retests target point 1 but doesn't drop below it.
Your new target point would be the same as the risk you're taking. (spread+points for broker)
In mentions graph this strategy probably would have netted you 0,5 position profit and the rest on break even. If you were lucky (and were modest with your second target point) you would have had 1,5 position profit. The last 0,5 would have been stopped out at break-even.
Do a challenge aka series called Road to 10,000 which you start from legit $0
Getting into something profitable without investing anything is pretty hard and not worth the effort
Hero0BloX he’s doing it.
@@Nick-cd4vj Yeah, kinda suprising that he does it. :D
Seeing the video actually reminded me of my comment here. xD
Ma man flipping drifting... :D When I saw him drifting that corner I was 'Holy moly, take care ma dude, you're my source of inspiration' :D
Let’s get this WiFi bread 🥖
Hey. Use limit buy and limit sell orders. Simply put it limits how much think or swim will buy stocks.
Ie a limit buy order for $5 per share. Means buy this stock at $5 or less.
So that way your safe against quick market changes.
Never do market buy or market sell, always do limit buy and limit sell so you set the price you buy or sell the stocks at
Always do a limit order to secure the bag 💰
if you are new to trading , u shouldnt be starting with 10,000. maybe start off 1,000 thats the mininium u need to open an account
Wait, this has to be a joke right? This guy is trading with a line chart, robinhood account, and market order?
That's like playing the game of "Name 3 things you shouldn't do in trading".
lmaoooo, That's what I was thinking...
i’m new to day trading and stocks in general ... why is robinhood bad for day trading ? and what broker do you recommend
He just wants views for his videos. Duh!
This video is only to grab webull referals and views no real knowledge on day trading
@Nick Nelson Yeah but TD Ameritrades can be extremly difficult for beginners to understand even the program itself
Good idea, good video, subscribed
Use limit orders not market orders! The market maker will always screw you over and bag the difference if you run an order like that on illiquid stocks.
Hey you haven't made an experiment for affiliate marketing, try that let's see what you got as a salesman 😊
3:34 did u just drift? :O
yo that was so cool😂
😂😂😂😂dayum
i had to replay it a couple time
Lol he whipped that shit😂💯💯
You didn’t mention how you circumvented the pdt rule. I’m guessing you were jumping brokers?
He had enough funds in his RH account to day trade ( $25k+ )
Ur personality and humor adds a lot to the vids👍🏾
great! very very informative! unlike most of the other TH-camrs doing this, thank you
You should do a budget break down and earning break down like Millennial Money 💲💲💲
"and it's gone"
First year stick to demo or small share size, you're learning not gambling
Bro. I’m still a bit confused on how the chat orders will get processed from Shopify and deliver straight to the customers lol.
You are a true inspiration! You made me want to start my own TH-cam Channel for my small shop you are a blessing! Thank you for teaching and motivating me wish you all the best with your success!
What exactly inspired you about this video?
The boss mom : hit me up you can make more money on forex with me
Do limit orders and use thinkorswim to trade if you ever get an account with them.
This video is deceiving because unless you have 25k in your account you are under the pdt rule meaning you cant take more then 3 day trades in a rolling 5 day period unless you're using a cash account then it's still t+2 meaning the cash you use in one trade takes 2 days to settle.
What did he lie about? He even said he knows nothing about the field.. and he only traded for 3 days which shows in the summary at the end of video, maybe you need to be more aware. I know about the rule as well which is why I caught on to these little hints (cues) in the video. I hope y'all stay blessed
@@BlakVenim He prolly wasn't lying but because of the PTD rule he would have certainly got a margin call from Robinhood for the $9000 for the last trade. You can't use money from sold stocks until it "settles" 3-5 days. I made that mistake my first week trading too except I made even more trades - got a call for a request of $27,000.00 when I opened an account with $5,000 Ooooops!
As a day trader, this hurt, but was entertaining😂
as not a day trader, can you explain? Lol, just trying to see what obvious mistakes does a day trade see here and what you would've done differently.
Ernesto Zamora dont listen you him, this guy did what 90% of people couldn’t in the stock market.
I think he got lucky
Branden Kennedy are you talking about me??
Ernesto Zamora
first of all, unless you have the money to lose, never jump into the stock market with next to no knowledge of it.
2nd, he had no knowledge of the PDT rule which is very serious.
3rd, he didn’t know the difference between market and limit orders (to prevent you from getting filled at really bad prices)
4th, he trades from his phone🤦🏽😂
5th, he had no stop loss set, to prevent him from losing more money...
Shall I continue? Anyway, it was like me in the beginning, brings me back😂
The car transition though😂
Hey Biaheza, use LIMIT trades so you don't get screwed by Robinhood.
You was trading using market price. Which is what it is. The price people are selling and offering to buy stock. You have to use LIMIT buy and sell to get the exact price you want to either buy or sell the stock.
Day trading won't work if ur not experienced or if u don't have 25k in ur account that means nothing to u
J man I have 100€ to start, give me some tips please. Thank you
J man so forex is better than RB?
Go To alt coins ripple, tron, stellar etc
That’s why when I use Robinhood I always do a limit order
Jackson Moore what is limit order ?
A limit order is a stock order type where you put in the maximum price you want to pay and once it dips to that price then they buy the stock
Jackson Moore thank you, I want to learn more about this. How much do you earn?
Good job lil buddy u just created a monster!!!
Thank you bro for sharing your real experience.
Sometimes it looks like all you touch becomes gold.
But you probably also still have fails...
To share your negative experience could also be very helpful for the beginners.