37 Comments

  1. 👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰

  2. Capital.com has suspended my account with money. Any attempts to call them are not successful. Support is not responding. I think to withdraw the rest is also not possible. always in "we consider your request".

  3. This will teach you nothing except how to lose money. There is no point placing a trade in the market just to see what happens, the movement after you place your trade means nothing. The way to trade is to identify points to enter the market, and keep your risk small compared to the profit target. Ask this guy to show you a live trading account, I seriously doubt he has one.

  4. I hear a lot about "Learning about the market" my question is , what does that mean? Simply attempting to understand the trends through conventional means or are there over arching effects from outside factors? In other words, what variables do swing traders use that distinguishes them from day traders? Are they not using the same data to make decisions and setting their stops accordingly? Ultimately you are both relying on the same data there only difference is the roi they are looking for over time.

  5. On the one hand, I agree that most people should stay away from day trading because I believe day trading leads to a lot of gambling and impulsive actions. It also requires you to think and make decisions about risk and opportunity very quickly; not to mention there are fast money moves by algos which can ping you out. On the other hand, if the initial point in the video is to gain as many lessons as possible, then day trading offers you the most amount of lessons in the shortest amount of time. If you broaden your time horizon to swing trading, it will take you far longer to accumulate lessons. Most of all, if you trade on a longer time horizon, you will have to use wider stops and thus taking on more risk and depleting your capital faster and reducing the amount of opportunities to learn.

  6. I wouldn't use real money until I could confirm a consistent positive expectancy with a demo account. I would use intraday timeframe so I can test ideas more quickly, and control risk with a fixed ratio money management system, risking (after fees/spread) no more than 1%/trade.

  7. Volume, float and reward/risk management is the key to growing a small account my friend. Keep it simple. Also use a broker with cheap brokerage fees / commissions – I use Degiro and have no complaints.

  8. I blew 3 accounts then started with $20 did swings and doubled it. I tried scalping but it was slowly shrinking my account so now I do swing trades with trend scalping. Sometimes I hedge if 4H chart is going away from me. It’s been working out nicely

  9. If i only had say $500 or bp. I'd probably split money 5-10 ways and buy call options. risk is clearly defined, you wont go broke losing 500 bucks. potential for +100% returns.

  10. I started with $100. I bought a share of Starbucks to provide stability. I used my remaining capital on a riskier cannabis stock. The large stock should balance the risk, and currently I am up 13%

  11. I day-trade CFDs and scalp the DAX.

    I agree with your thoughts; eke out the maximum learning opportunity by swing trading tiny amounts, however, I recently found that one broker I have used for many years allows traders to take positions with fractional contracts.

    The other broker I use limits a position to a minimum of one contract; the DAX therefore requires a minimum balance of £508.

    The first broker allows a trader to use a contract size on the index of 0.1 utilizing only £50 of capital. I believe the minimum is 0.01 or £5.08.

    This allows even a small account to apply position sizing (of a type) to trades.

    Hence, if you find yourself losing you can reduce the position size of your trades to suit your balance.

    Oddly I opened an account with eToro a couple of weeks ago as I like the idea of being paid to allow others to mirror my trades. However, their DAX index has a spread of two and eToro does not allow a fractional contract.

    Thanks for these videos, they help me think carefully about what I am doing.

  12. If i had a small account (which i do) then i would trade on a demo account and use an amount of money that i would use if it was real money and practice with it until i feel ready to go live.

  13. The issue is people want to make $2500 out of $ 250 in month which is not possible…if u have $250 the maximum u should target is $25 to $50 at the most after taking leverage .

  14. I disagree with trading with swingtrade will be better at the early stage .Its true that the capital will last longer but on the other side it takes longer time as well to learn it, if there are 3 swing trades in a week which mean you can only learn about 12 swings comparing to daytrades u can learn lots of things in a month by using very less amount of positionsizing ,its also safe and take less learning curve

  15. An even more fun way to do this, which requires even less capital, is swing trading cheap options. With brokers such as tastyworks, or even robinhood and the like, it costs almost nothing to trade these, and there's no account minimum. In our case we'd simply be playing the same moves as equities, but leveraging up the percentages buying and then selling options to flip premiums instead of buying/shorting the underlying stock. Trading options is more complicated than trading equities, but it's actually pretty simple and intuitive, and actually a lot more fun and flexible (outside of being limited by time decay) than simply trading the underlying instrument. Due to the incredible potential volatility in options premiums, it opens up a whole new set of strategies that are all based on the same underlying moves, depending on which options bought.

    Even if you only want to throw down $10-60 at a time, there's plenty that can be done in options land. And remember, at those prices, the volatility can easily lead to 40% moves, 100% moves, 300% moves, even 1,000% to 20,000% moves from time to time. Of course, there's more built in risk to the amount invested in terms of percentage. With cheap options it's very easy to lose a substantial % of the $ invested, but with such a small capital investment, and such large winners, the total risk in terms of capital is low, and the risk/reward can still be very good.

  16. I dont think so, day trading learns faster, you can see possible patterns as much as possible, then put your knowledge to bigger time frame

  17. I agree. But I also have a question: would day trading still work if I have fewer trades and focus on the best setups? Will fewer trades in day trading be having similar results?

  18. I started trading with 20$ and turned it to 400$ in 3 months but unfortunately broker was scam and rejected to pay to me under a lot excuses etc .. by the way i started again with 15$ with respectable broker ..

  19. this guy doesnt know much. How can you do a pound a pip with 250? 1 lot=£10 a pip. 0.1 lot = £1 a pip. 0.01 lot = 10p a pip. With 30:1 leverage (which is max you can have with EU brokers) you could only have at most 0.06 lots about with £250. so 60p a pip. Correct me if I am wrong? Can anyone do calculations? I am not very good at it.

  20. It is not possible to swing trade with a few hundred dollars or pounds in your account. You need maintenance margin to hold position overnight. The broker won't allow you to do that.

  21. I agree with you 100% paper trading doesn't work psychologically. I enter into small swing trades $50/$60 dollars at a time, my goal is 20% to 35% returns per trade. I make 2 to 8 swing trades a week. At this stage, it's more about a consistent winning strategy than it is about the $ize of my profits. Thank for your video.

  22. As one that did it (started with $2K account instead), I totally agree. With a small account, it is preferable to opt for swing trading. It allows you to still make money even if the entry point isn't that perfect. With day trading, it is better to enter into an already profitable setup since you don't have that much time to wait for the price action to turn favorably. For what I have experienced, losing trades tend to grow quicker than winning ones. It is tougher to hang on to winners that retrace quite a lot since retracements can potentially linger or can turn out to be major market shits that ultimately will eat away at profits. That's why making a lot of money on one trade is challenging especially if your trading size isn't that significant. That explains why risk management is at the heart of longevity in the trading world. But no matter how careful you are, the market will find a way to sting you once in while. Oftentimes, the setup is perfect and all the conditions are met but for some unknown reasons, the market does not agree with your analysis. That's why accepting to be wrong early on is one MAJOR quality to have as a trader.

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