How I would learn to day trade (If I had to start all over)

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  • เผยแพร่เมื่อ 31 ม.ค. 2025

ความคิดเห็น • 59

  • @dmitrybychkov6539
    @dmitrybychkov6539 4 หลายเดือนก่อน +9

    James you should became our teacher. I watching you for a while. truly believe that lot of people want see how you trade online an learning from you

    • @jamesrichyoung
      @jamesrichyoung  4 หลายเดือนก่อน

      Thanks Dmitry, I did start a mentorship program but it’s limited slots and the next one is sold out. I would reach out to me on instagram if you want any updates

    • @FavaMade
      @FavaMade 2 หลายเดือนก่อน

      Agreed!

  • @koopkoop6019
    @koopkoop6019 14 วันที่ผ่านมา

    Just found your channel,nice work explaining mindset and money management.definetly going to watch all your videos,thanks

  • @co1972
    @co1972 4 หลายเดือนก่อน +3

    FANTASTIC ADVICE! Thanks for sharing! Greatly appreciated!!!

  • @Stanley.Dalone
    @Stanley.Dalone 4 หลายเดือนก่อน

    You have nailed it on the head. Great job. Keep up the great work. I want to add that keeping a journal will help. Not to record your trades like entry, exit, stop loss etc but to record your mindset: How were you feeling, why did you enter the trade, what criteria did I use, why was it successful or not. Maybe you were ill or had an argument with your partner. Then review it at the end of the week. A great feedback loop for improvement.

  • @ZidaneSteiner
    @ZidaneSteiner 4 หลายเดือนก่อน

    Thanks James! I think I’ll be ready to start on this new skill in the new year.

  • @brandonwilliams-mm2oz
    @brandonwilliams-mm2oz 23 วันที่ผ่านมา

    Ayy bro love your content and I'm a new trader trying to learn something and I think it would be really helpful if you made a TH-cam playlist of all your teaching videos

  • @richardjsong
    @richardjsong 4 หลายเดือนก่อน +3

    Wish I knew this when I first started! maybe a future video on your advice on the scaling up process?

    • @jamesrichyoung
      @jamesrichyoung  4 หลายเดือนก่อน +1

      I did go over some of it in my share sizing video but will put it on the list 👍

  • @ShanTheMan02
    @ShanTheMan02 4 หลายเดือนก่อน +5

    The Man, The Myth, The legend!

  • @ArenaPAsys
    @ArenaPAsys 4 หลายเดือนก่อน +10

    I really like the whose dream are you building idea. Well done Rich.

  • @CryptoStar-uf6mv
    @CryptoStar-uf6mv 4 หลายเดือนก่อน +1

    Thank you sooo much for sharing this valuable information.

  • @twistedstrains
    @twistedstrains หลายเดือนก่อน

    Real talk, SirJames!

  • @bat-erdene.m1928
    @bat-erdene.m1928 4 หลายเดือนก่อน +1

    Another banger as always. I really appreciate you taking your time to share your experiences and advices. Extremely helpful for people like myself who are new to the game. I've been thinking about investing in community where I can connect with like minded people. I think that's what I'm missing out as I'm spending lot of time by myself trying to figure things out. Will you ever create a community for traders to come and connect? Maybe Discord?

    • @jamesrichyoung
      @jamesrichyoung  4 หลายเดือนก่อน

      Appreciate the love, reach out to me on instagram

  • @johndo3760
    @johndo3760 3 หลายเดือนก่อน +3

    Don’t want to be a day trader just an investor but still clicked to watch because I knew you were gonna drop some knowledge 🙏🏾 Love the opening thoughts and final thoughts 🔥

    • @mindblowing3202
      @mindblowing3202 2 หลายเดือนก่อน +1

      wanted to be an investor and became a day trader accidentally 😂 best thing that happened to me so far

    • @johndo3760
      @johndo3760 2 หลายเดือนก่อน

      @ I’m gonna mess around in options hope it goes good like yours Lol

  • @anna2424able
    @anna2424able 3 หลายเดือนก่อน

    Love your videos 🎉

  • @wonder4672
    @wonder4672 4 หลายเดือนก่อน

    Great video : ) Thanks for sharing!

  • @davidsmeglap4023
    @davidsmeglap4023 22 วันที่ผ่านมา

    "Who's dream did I build today." Excellent advice.

  • @TheLoreznztz
    @TheLoreznztz 4 หลายเดือนก่อน +1

    First, let’s gooooo

  • @Ducklingghost
    @Ducklingghost 4 หลายเดือนก่อน

    Hey James love the videos. But I am still a bit confused on how to replicate the same risk, $50, $100, $500 etc. if you’re only risking $500 how are you able to get these crazy amounts of shares? Are you only looking at stocks that cost a dollar? Are you doing Directed trading options? Or are you buying the difference of the “ask” and “bid” price. If so how is that done. I would love a video that is dumb down in which every button is shown and live traded. Explaining how much it costs, risk, etc. I appreciate the information and thanks for the awesome videos.

  • @ranredd85
    @ranredd85 4 หลายเดือนก่อน

    Great info, been watching you for a while and just subscribed. Since I subscribed, can you mention some sources of classes since it is the wild West out here?

  • @EzioTrader
    @EzioTrader 4 หลายเดือนก่อน

    Love your video From Bristol UK

  • @drleo6409
    @drleo6409 4 หลายเดือนก่อน

    Good information indeed

  • @SUHABOUT
    @SUHABOUT 4 หลายเดือนก่อน +1

    헉헉 새로운 영상이다!!

  • @thomasdrake6273
    @thomasdrake6273 3 หลายเดือนก่อน

    Solid video! This isn't rich quick, it is poor quick tho lol. Paper trading account! You'll learn the expensive way if you don't. Start small shares sice once you start a real account. A Playbook. Lots of training and lessons to even understand this game.

  • @TheLoreznztz
    @TheLoreznztz 4 หลายเดือนก่อน +6

    James! How can I inquire about mentorship without using Instagram? I don’t have an account

    • @AM2K2
      @AM2K2 4 หลายเดือนก่อน

      He didn't mention that he offers such services in the video did he?

    • @TheLoreznztz
      @TheLoreznztz 4 หลายเดือนก่อน

      @@AM2K2 he didn’t mention it in this video, but he has mentioned it in the past. Hence my comment

  • @ru8fru
    @ru8fru 4 หลายเดือนก่อน +1

    Where do you recommend looking for mentors/teachers? I haven't had much success with finding anyone.

    • @CiTiiBABii
      @CiTiiBABii 8 วันที่ผ่านมา

      One of my friends in discord channel said he learned all this by joining the real world by Andrew Tate. He showed me the platform which looked really nice and he said it has been worth $50 a month.

  • @odindarkangel5404
    @odindarkangel5404 4 หลายเดือนก่อน +2

    Could you answer why you sometimes hold up to 300-500k cash in trading accounts but only take 500$ stops?
    Why not invest or use the other idle capital, isn't anything past 20-30k excessive?

    • @bombom920
      @bombom920 4 หลายเดือนก่อน

      that is how u know to control the position . and not all in . ^^ 500$ for this information baby

    • @user_abcxyzz
      @user_abcxyzz 4 หลายเดือนก่อน

      If you don't use margin, you need reserves in order to cover potential losses. I have a feeling he's risking way more than 500$ on a trade 😂 the risk to reward is relative.

    • @odindarkangel5404
      @odindarkangel5404 4 หลายเดือนก่อน

      @@user_abcxyzz he always said that each trade is 500$ each stop with some of the worst days being minus 2-3k.
      The only explanation I can see is he buys the shares spot and uses no leverage/margin at all but then what for? Why not use margin.

    • @jamesrichyoung
      @jamesrichyoung  4 หลายเดือนก่อน +1

      Yes I do risk $500 but I actually start every year with 100k in my accounts and don’t really withdraw until later in the year. I do transfer some into my swing account if needed but you’re right maybe I should pull it out to use those funds better.

  • @regocyrus
    @regocyrus 2 หลายเดือนก่อน

    How long would trade in simulation? (Futures is my endeavor).

  • @TradingMadeSimple-r6e
    @TradingMadeSimple-r6e 4 หลายเดือนก่อน

    Your opening had me laughing.

  • @RicardoT-mx1tp
    @RicardoT-mx1tp 4 หลายเดือนก่อน +1

    10/10

  • @georeger951
    @georeger951 4 หลายเดือนก่อน +1

    Could you suggest me the legit mentor please. I have been struggling for along time.

    • @Userwasname
      @Userwasname 4 หลายเดือนก่อน +1

      You might have to do your own research it is extremely difficult to find someone on YT that is not grifting courses/private discords... The hyped-up gurus take most of the attention from real small channel traders on yt Good luck

    • @JS-kb7ml
      @JS-kb7ml 4 หลายเดือนก่อน

      Several good ones in my opinion would be Roland Wolf, My Investing Club, Clover Trading, and Traders Reality. There some other good ones as well, but make sure to do your research. Most of these have a monthly trial or subscription, so you can try it and stop if you don’t like the material and community. I would stay away from Tim Sykes, etc unless you are a real beginner, but even then, Tim just sells courses and doesn’t teach much these days. Good luck.

  • @drleo6409
    @drleo6409 4 หลายเดือนก่อน

    Paper trade 1st until you have the $ and/Or learned the process.

    • @captainrogers2542
      @captainrogers2542 4 หลายเดือนก่อน

      Any good paper trade apps or platforms?

  • @TOPG124
    @TOPG124 4 หลายเดือนก่อน

    yo bro i saw your videos thats is awesome and your editing is also good i know you are to busy you dont have time for editing thats reason i am here to help you to grow more your channel bro i will edit your first video for free as a example because i am not a scammer
    and i am also work with trader like Aaron trader,and lxn kong

  • @pdpgkeeper
    @pdpgkeeper 4 หลายเดือนก่อน

    If I ever get to 5 years of profitability, the real number would be 3 because I’ve been losing the first two lol definitely the hardest endeavor of my life for sure.

    • @user_abcxyzz
      @user_abcxyzz 4 หลายเดือนก่อน +2

      Consider the losses from your first two years as tuition. Ain't nothing free

    • @pdpgkeeper
      @pdpgkeeper 4 หลายเดือนก่อน

      #grit

  • @francodelgrando
    @francodelgrando 4 หลายเดือนก่อน

    Thankyou

  • @drleo6409
    @drleo6409 4 หลายเดือนก่อน

    Teacher you know of. ????

  • @JamesDillard101
    @JamesDillard101 4 หลายเดือนก่อน +1

    may i ask how old you are

    • @itstheevish
      @itstheevish 4 หลายเดือนก่อน +1

      38 I think

    • @user_abcxyzz
      @user_abcxyzz 4 หลายเดือนก่อน +1

      What does that matter. It's irrelevant.

  • @Vantheman743
    @Vantheman743 4 หลายเดือนก่อน

    Do you have a discord? or something I can learn and follow been trading for 4 months now