Today we're going to be talking about the pros and cons of different trading. Styles I mean listen, there's a million different ways to skin a cat as they say I Love my cats I Would never skin them. but anyway, there's a million different ways to trade whether it be well, Nfts, Crypto Futures Options Forex High price stocks. You know, low price stocks.

True penny stocks. The great thing about you know the markets is the availability of all of these different instruments. Uh, time frames liquidity I mean so the thing is that the reason we trade all these different things is they have movement. You know something that I think a lot of people you know I think volatility sometimes gets a bad rap like people hear oh volatility or you watch you know you turn on CNBC And they're running their stupid markets in chaos little Graphics Trying to scare everybody which is all they can ever do.

Never give you any good trading advice, but you know it's always hyperbole. It's always hype. It's always Mania but like that's what we trade is as shorter term Traders Okay um, you want volatile. You want big moves to the upside so you can go long.

You want you know, stocks that collapse late days so that you can short them without movement. You can't make any money like when people talk about like the emergence of AI and trading and stuff like that I'm like I hope artificial intelligence never takes over trading and I don't think it ever will and will. I mean the whole point of markets is humans believe one thing you know, complete opposites. One thing, it's worth this.

Other things is worth this. But like if you think about as a thought experiment, if AI ever did completely take over markets, you know stocks would never move. There would be just logic. Like maybe up one penny down one penny all day long because there wouldn't be any hype and wouldn't be any Mania wouldn't be any Panic wouldn't be any fear, wouldn't be any greed, wouldn't be any of these things.

So we love volatility now to a certain extent. and that's what we're going to talk about today. Different trading Styles and different trading time frames. So when I think of short-term trading, there's basically three time frames.

You've got day trading, which is much like it sounds in and out of the same stack the same day. or maybe the next day. like trading what we call like a gapper or a gap down. So basically 24 hours unless it's the weekend obviously.

But when you think day trading, it is that window of about 24 hours. Recognizing small but very volatile moves consistently over time. But you know the draw or the the bonuses of that is when you're talking about these day trading stocks. I Mean they make huge moves.

I Mean we've had, you know, 50 Runners every day, 500 Runners once a month. you know we've had a thousand percent. Runners a couple times this year I think we had a I think Cxai was like a 3 500 Runner Okay now the thing is, they explode high but they pull back hard. That gives us again day trading opportunities on both sides.

so the range is there. The opportunity is there. But the biggest drawback in many of you that are struggling with day trading this might be one of the biggest things is you struggle with the time management aspects of these things. I mean if you're trading some stock that is up from a dollar to five dollars and just skip to eight dollars and is going to 20 and then tomorrow is going to collapse back down to two like you can't walk away from the computer.

A lot of people ask about trailing, stop losses and and stuff like that. I'm like man, if you're trading low float Mania stocks you just have to understand that part of the deal is you don't walk away like you don't go to the bathroom. Okay, you don't. You don't look away from the screen and that works for a lot of us.

You know a lot of us that are at the screens that are full-time traders that sit there all day long. We love that because we can nail the move, make quick profits. If we're wrong, we're out quickly. like.

That's another great thing that a lot of people don't realize with these big moves is you know it's a seasoned day trader that's seen it all. You know they've made every mistake, has all the scars. like you know when these stocks reverse. Whether you're long or short, you've got to take that stop and you gotta move on.

So from a time management standpoint, we love that because typically you're either right or wrong very quickly. Okay, like you're right and you're taking profits in 15 minutes or you're wrong and you're stopping out in five minutes. So now I've only spent, you know, plus my prep time I've only spent you know, half an hour or 45 minutes trading this opportunity now I Can leave and go do other things, trade in other stock, or go out for a walk, or go to lunch with the wife. or you know, stop, review my data.

Whatever. So we like that volatility because you're either right or wrong very quickly. Remember that being wrong is not bad. Remember this is another one to write down in trading.

Being wrong is not bad. What is bad is staying wrong and that's again, you know I know I'm kind of harping on this point, but that's the beauty of volatility. Like you're wrong right away if you're wrong and you know it and you move on and you move on to the next opportunity and you don't become a bag holder. Etc Now so that's a pro and a con.

Really, the pro is profits fast, Wrong. Fast. Move on. Fast The con is many of you are probably part-time Traders Many of you are probably new to this and as a part-time Trader You know the boss calls.

Okay, you're in a meeting. It's like you can't. If the boss is standing at your office door, you can't be like, hey, shut up I'm in a position he's gonna fire you. Okay, so um, that's a bad thing.

Also, if you're new to this, these wild moves can just intimidate you and scare you and you become that deer in the headlights. As we say, like you know, the deer in the headlights knows that this something is happening. That is bad right now. It hears the noise, it sees the lights, but it just basically panics and that fighter flights it takes over and they just stand there because their brain can't compete what to do.

That's a lot of new traitors. So now all of a sudden because of these wild moves, you panic. You don't have a stop and you're still in it and you're down 100, 500, 000, 5, 000 When you never intended to be out that much. So when we're talking about these volatile stocks, trade them over time.

Build the discipline, Build the skills trade. Small size. Like uh, paper trade I I I Paper trading has pros and cons. What? I tell people most to do with these really volatile stocks is just trade really small size.

That way if you're wrong, you're wrong. You lose 10 bucks. Okay, if you're right 8, you make 25.. now are you here to make 25 bucks a trade? No.

But at least if you're wrong, it's only 10 bucks. And then you can learn over time and you can always scale up. We trade very, very liquid stocks. If you're trading 20 shares today, you can trade 200.

Next week you can trade 2 000 next month and you trade 20 000 shares next next month Or next year. Okay, start small. Learn the volatility. Learn to take a stop, Learn how to be wrong.

So that's day trading. Um, really demands attention and focus. Okay now again, if you have days where you don't have any meetings and you're working from home, day trade. Now if you do have a day job, if you are busy during the trading day, if you do have to occasionally leave the desk to go to a meeting or go to a call.

A Lot of people think they can't make good money trading because they can't day trade. So I think of Swing Trading Swing Trading. You'll always see me do this. Venn Diagram So the idea of using swing trading is we've got a circle of volatility and a circle of safety.

And if we know what to look for, we can identify that intersecting section of stocks that give us the ability to make close to day trade like gains with much less volatility. So it's basically we're turning back the volatility. a little bit. You know it's not.

They're not going to run 600 a day, but at the same time. I Think of it as two dials that are linked. Okay, so as you turn back the volatility, you're basically turning up the safety. They're linked together.

They move. They do not move independently. So as you turn down the safety, the volatility goes up. Okay, so what we try to do with swing trading is kind of find that little sweet spot where we're balancing those dials where we can see 20, 30, 40, 50 gains, but not have a stock that drops 80 out of the blue and you're that deer in the headlights.

So that being said, I've done a lot of videos on swing trading. One thing I would like you to do is is check out the Daily Income Trader system. I'll put a link below, but in the Daily Income Tire system. we go over day trades and swing trades every single day live on webinars.

So check that out. Um, you know the point of the video is to get you to understand what works for you and what doesn't work for you. But when it comes to specific setups, check out that link. We Do Videos every single day.

Okay, last type of trading that we'll talk about and probably isn't attractive to most of you and I don't blame you, but that is you know, long-term investing. Um, listen. I'm a huge believer in long-term investing for your retirement money. You know for that, that dividend type stop.

You know that that long-term safe idea you know all of you should have an uh, you know, a 401k or an IRA and uh and you can make I I think it's important to you know to drive your own account you don't have necessarily have to pay the advisor. but um, the idea is that I think everyone should have exposure to the stock market. uh I think it's very important but in quality stocks and even an apple. as much as I love Apple much love my iPhone a Tesla you know an Amazon a Google all of these Quality Companies You know, really, you'll go insane if you look at them every day like like I think that's something that people kind of get frustrated with is you know, Actually, today, literally Today the new iPhone came out the day we're recording.

it's September 12. um and everybody's yapping about Apple and it's up like 1.5 percent which is great. That's great if you've got a six month or a one year or a 10-year or a 20-year timeline. But I think a lot of people maybe it's you like you're like oh new iPhone's coming I'm gonna buy some apple and all of a sudden you're up one percent and then tomorrow it's like down half percent and then when you know the next day it's up three percent and it's like and you're looking at your account, you're like man.

I'm just I'm not going anywhere. So that was actually me back in about 2005 2006. I Thought the key was watching CNBC and trading these real stocks and I would go an entire year and I'd be up like four percent or five percent be like, well, I'm green. but what's the point? Spending all this time and this effort you know to make single digit percent and basically match the S P 500.

So that being said, have some exposure to the stock market, but don't fall for the kind of the myth of of making you know big money on these stocks as much as I think should hold them. If you want to make big money in stocks, check out the Daily Income Trader System Live every single day going over the most volatile day trades swing trades Etc And that's really the way you learn to move the needle on a small, intermediate, or even large account. I Mean listen, you may have a huge account. Good luck, you know.

trading. Apple Okay, enjoy your one one or two percent. So that being said, my friends 100 live six times a day during the week, a couple times on weekends. Uh, whatever time works for you, you know you could be West Coast Time you could be East Coast Time you could be Hawaii you could be Asia We're live going over the best trading opportunities.

Click that link and check it out. Thank you.