Learn to Day Trade: https://www.humbledtrader.com/academy
🔽Time stamps:
0:00 How much money do day traders make?
3:56 Portfolio Percentage Return %
8:32 Trading Broker Statement Profit and Loss
15:55 Why I'm sharing my broker statements
Day Trading for Beginners 2021 Playlist: https://bit.ly/31xFUTX
Get my FREE Trading Journal +Weekly Watchlist: https://www.humbledtrader.com/free
My Day Trading Brokers mentioned:
1. Cobra Trading: https://bit.ly/3iNLqJq
Get 25% off commissions, mention "Humbled Trader" at the time of account opening.
2. Interactive Brokers: https://bit.ly/2xNpQ5o
3. CenterPoint Securities
Today I'm revealing my day trading broker statements for the first time. I have three trading accounts for various types of day trading and swing trading purposes. In this video I go over my January and February 2021 percentage return of account capital first, and then the actual profit and loss numbers.
🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://bit.ly/3rLAfp2
🇨🇦Questrade Canada (get $50 FREE commission trades)
http://bit.ly/2GoeUMY
Webull Free Trading app (Get free stocks with $100 deposit)
http://bit.ly/2Lhtd9X
Get My Trading Station Set Up & Favorite Trading Books
https://www.amazon.com/shop/humbledtrader
✅My REAL Social Accounts:
IG: https://www.instagram.com/humbledtrader/
FB: https://www.facebook.com/HumbledTrader
Twitter: https://twitter.com/HumbledTrader18
#daytrading #stocks #stockmarket
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.
Humbled Trader FAM count: 670,100
🔽Time stamps:
0:00 How much money do day traders make?
3:56 Portfolio Percentage Return %
8:32 Trading Broker Statement Profit and Loss
15:55 Why I'm sharing my broker statements
Day Trading for Beginners 2021 Playlist: https://bit.ly/31xFUTX
Get my FREE Trading Journal +Weekly Watchlist: https://www.humbledtrader.com/free
My Day Trading Brokers mentioned:
1. Cobra Trading: https://bit.ly/3iNLqJq
Get 25% off commissions, mention "Humbled Trader" at the time of account opening.
2. Interactive Brokers: https://bit.ly/2xNpQ5o
3. CenterPoint Securities
Today I'm revealing my day trading broker statements for the first time. I have three trading accounts for various types of day trading and swing trading purposes. In this video I go over my January and February 2021 percentage return of account capital first, and then the actual profit and loss numbers.
🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://bit.ly/3rLAfp2
🇨🇦Questrade Canada (get $50 FREE commission trades)
http://bit.ly/2GoeUMY
Webull Free Trading app (Get free stocks with $100 deposit)
http://bit.ly/2Lhtd9X
Get My Trading Station Set Up & Favorite Trading Books
https://www.amazon.com/shop/humbledtrader
✅My REAL Social Accounts:
IG: https://www.instagram.com/humbledtrader/
FB: https://www.facebook.com/HumbledTrader
Twitter: https://twitter.com/HumbledTrader18
#daytrading #stocks #stockmarket
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.
Humbled Trader FAM count: 670,100
How much money do day traders make is trading a real career or just a get rich quick scheme in this video? I'm going to be answering all the above questions and tell you exactly how much money i make as a full time day trader in 2021, both the returns in percentage of account capital, as well as my actual broker statement, and i'm just going to be honest with You here i'm a little bit nervous making this video, because um the the tax man is probably watching just kidding just kidding it's because i don't want my parents to see this video and demand an even bigger chinese new year red envelope seriously. This is a very real concern. The amount of money in the red envelope or the red pocket has to increase every single year, or else i'll be failing. My parents, my grandparents and all my ancestors from the qin dynasty, okay seriously, all jokes aside, i'm a little bit nervous making this video about my day trading profit because, if you've seen any day trading videos at all on youtube, then you've probably seen some very outrageous And some very exaggerated videos calling day trading easy, how it's a piece of cake? How you can you know, turn a thousand dollars into five thousand dollars in your underwear in five minutes and that just couldn't be further from the truth.
I would tell you firsthand that i had to lose a lot of money when i first started as a beginner day trader for the first year or two. These were some very expensive lessons, but looking back now they were very important tuition. I had to pay to the stock market in order to get to where i am now today and this video is not meant to brag or show off my profits, but rather to present to you, and perhaps many of you who are brand new to the market. A realistic notebook view of what it really takes to become consistently profitable day trading.
Like i said before, i had to lose for a long time. In fact, it's very normal for a beginner day trader to be losing for the first year in order to get to the results i have today. So if you appreciate the full transparency here, please do me a huge favor by clicking the like button at the bottom of the video that will help ease a lot of my nerves, making this video. It would also show me that you, as a viewer, support this kind of honest content when it comes to day trading in the stock market.
Thank you so much in advance and without further ado. Let me share with you how much i've made so far day trading in 2021. Let's start with a portfolio return in percentage, because i know many of my longtime subscribers here. They care more about the percentage than the actual p ls in number, and i definitely want to respect your wishes.
Like i preach all the time on this channel, everyone's wins and losses are relative to their very own account size in day trading. If you're, making a hundred dollars a day consistently day trading with a 5 000 account, that's amazing, but for someone else who's using 10 or 100 times your share sizes and making couple thousand dollars per day. That 100 may not even cover their commissions and their big win would be maybe five figures with six figures, but at the same time, their normal losses will be 10 20 times bigger than yours as well. The point i'm trying to make here is: don't compare your chapter 1 to someone else's chapter 20., everyone's big wins and losses are relative to their account size and, of course, the capital. Hopefully you understand that - and this is the reason we're starting out with percentage return. First, i have three trading accounts i use in total. One is a brand new one i opened in february. So in january i grew the smallest of my trading account by 24.42 and when i say those percentage returns, the number is net of all fees, locates commissions or any broker and platform fees.
For my second account, the return was 34.18 now moving on to february. My first trading account is actually negative. I lost about negative 8.45, but my second account being the bigger account, grew by 73.46 and, like i mentioned earlier in february, i opened a brand new trading account for the purpose of swing trading and i grew this third account by 18.05. So i definitely understand why people care more about a percentage return on capital instead of the actual p l numbers again, everyone trades different account sizes, a trader trading.
A one thousand dollar account making 500 in a month will be the same 50 return as another trader, who makes 50 000 on a 100 000 account. So i get that perspective, but i want to make it clear that when i talk about percentage returns from trading accounts, by no means am i saying i go all in with my entire account on every single trade every single day. In fact, i strongly recommend against doing that, even though i have three trading accounts most days, i just use my one main day: trading broker, cobra trading, this one being. The second account i mentioned in both january and february, and i only opened up my first and the third trading broker account when there's specific setups and opportunities in the market and most times overnight, i'm owed cash with no positions open at all.
That's just the nature of day trading now compared to my trading accounts. My long-term investing portfolio is down like 10 year-to-date so far in 2021, and that's just from being in the market at all times again day. Trading and investing are completely different and they should not be mixed together at all day. Trading is a business for short-term gains, investing is for long-term valuation and retirement, and perhaps to pay for my future alimony.
Okay. So now that we got the percentage growth of my trading capital down, let's take a look at my actual broker statement because, after all sure growing 30 in return in one month sounds great and all, but if my trading account is only one thousand dollars, i can't Really live on three hundred dollars a month i mean i live in vancouver one of the most expensive cities to live in in north america, where a closet in downtown cost a thousand five hundred dollars a month to rent. Now, before i show you my actual broker statement, i want to make this very clear. I do not do any sort of live streaming, whether it's on youtube or any other platforms. I do not screen share. I do not issue alerts to buy or sell to thousands of followers on social media or in my very own trading community. In fact, if you've been a long time viewer of this channel, you would probably know why copy trading or buy and sell alerts are something i'm very strongly against. My point here is yes, i would still be able to make the profits i do from day trading.
Even if i was completely alone and have zero followers anywhere, there are some very good reasons for me to clarify that and i'm sure the more experienced traders watching this video would understand if you're brand new to the market and nothing, i just said, make any sense And you're scratching your head like what the is this chick saying, then you'll find out one day or just read through some of the comments below okay. Now, with all the disclaimers aside, let's finally take a look at my broker's statements. If you prefer to skip this part, you can go to this timestamp below mom, if you're watching this and my future husband too. If you're watching this video, you both should definitely skip this part.
Let's take a look at my first trading account at center point securities. This is not my main day trading account anymore. In fact, this is the smallest trading account in terms of my trading capital. So my center point account here you can see if we go to reports and i go to statement and if you go to january 2021, uh total realize is 14 598, but after fees and these are locate fee, so the net would be 12 588 dollars and 30 cents, for this account okay.
Now, let's move on to the second account, which is my main brokerage for day trading at cobra trading and i'm not going to lie their monthly statements are very difficult to read so bear with me here, as i explain how to read this broker statement and if You watch this video so far and you still haven't liked the video yet come on. What are you doing? Please give your girl here some support for spilling the tea. This is all real day. Trading broker statements right here, the month of january 2021.
If you scroll down so here over here, you'll be the opening balance of 134 545 dollars and the closing balance of 130 545 dollars. Now before you start getting angry at me and yell, oh my god, humble trader, you actually lost money instead of making 34.18. Like you said earlier, you are a liar. I knew day.
Trading was a scam. Okay, calm down, i wired out some money in the middle of january 2021. So if you start scrolling with me, you'll see that um, you know all the buy and sell transactions buying. Shorting covering transactions - if we continue bearing with me scrolling down here almost almost there, you can see there's no deposits, but if we look for the middle of january somewhere over here disbursement, so this is taking money out of the account so you'll see here on january 13 2021, a 50 000 disbursement wire wire out of my trading account and into my mother's red envelope, just kidding not all of it, just just a little bit or like most of it, and you can see as we continue scrolling down from the january 13 disbursement Here, um there's no additional deposit. So if you just keep on scrolling, just bear with me we're almost at the bottom and then we'll go to february statement. Scrolling scrolling almost done almost done. Gon na play some elevator music here. Are we there yet uh yeah anyways? We're almost there i swear we're like so close to the bottom: okay, okay, okay, i think we're there all right so you'll see the closing balance.
Um on the month is 130 545 dollars. So if you take the closing balance of the account at the end of january and add the fifty thousand dollars wired out and subtract the starting balance of a hundred thirty four thousand five hundred fifty five dollars, they'll give you a total net profit of forty five Thousand nine hundred ninety three dollars and 94 cents on this account, and to be honest, i really underperformed this month in january 2021., i had some really big losses in the middle of the month that i'm not really happy about - and i was dealing with some stress In my personal life that was very negatively affecting my trading performance in the market, like i've always mentioned on this channel trading requires not just financial capital but also mental capital as well. So the total january net profit comes to 58, 582 dollars and 24 cents. For the two trading accounts now going over to my center point account for february, if you go to statement and then you go to february 2021, you'll see that it's a total loss of 3895.25 for this account now this time around the cobra trading account is finally More straightforward because i had no withdrawals and no deposits, so you can see this is the closing balance over here and the starting balance.
So if you keep on scrolling again, we have to scroll to the very end here to see. There's no uh, you know additional deposits and no um there's no deposits and no withdrawals keep on scrolling all the way to the bottom, we're almost there. I swear we're almost at the very bottom. This is what happens when you trade a lot.
Your statements are like a toilet paper like a whole scroll of toilet paper like super long and we're still only at february 18th. We have like two more weeks ago. I swear we're almost there uh almost at the bottom. We're so close.
You can see. There's no deposits and no wire out, and you can see the closing balance - is uh 226 444 dollars so for this trading account my main brokerage account that gives us a total of 95 898 898.62 profit in the beginning of february. It's also when i opened a third trading account at interactive brokers, specifically for the purpose of going long on the wall street bad stocks such as gamestop and amc, and many many others both for day trading, as well as swing trading on the long side. So you can see in february that's when i made the deposit to fund the account in february 5th and let's see the net asset value on the account um closing at the end of february is uh, 350, 2, 991 dollars and 54 cents. So that's a profit of somebody doing math for me a little bit over fifty thousand dollars so for february 2021. That brings us to a total profit of around 146 000. I don't have the official broker statements for march so far because they don't come out until like early april and it's only at the end of march right now. But this is how i'm doing so far on my trader view account and i'm sure there will be people questioning the legitimacy of all of these brokers.
I just want to stress that all the brokers i use cobra trading center point and interactive brokers. They are all based in the united states and they are all members of finra and s-i-p-c and also if they were pay-per-trading accounts, you would not be able to see these funding or cash receipts on the actual broker. Statements, like i said in a lot of my past videos. I definitely have a lot of reservations from posting my statements or trading pnls.
It's really a personal information and whether you or i or anyone else online should share their trading performance. It's really nobody else's decision, but their own, but for me personally i want to make sure if and when i do share my broker statement - i'm not just showing the good but also showing the bad and the ugly and explaining all the work and all the losses. That's been involved as well to get to where i am today, which is why i started this video in the beginning. The way i did i never want to come across as if i'm bragging or being very cocky about my trading profits, because, let's be real, i know plenty of day traders who make 2 3 or 10 times more than me, and i find them extremely inspiring.
And i'm sure i'll get there one day as well at my own pace, but no i'm not going to just yolo and add a zero to all my share sizes. Like i said earlier, we should never compare our chapter 1 or chapter 10 to someone else's chapter 20.. What the real and important key takeaway is that day trading could indeed become a very profitable career for the long run. If you can wake up, stop trying to find shortcuts, such as following chat, room alert, copy trading or any other sort of get rich quick scheme, in fact, learn to plan for your own trades, collect screen time and accept that you are going to have to pay Market tuition in order to learn people often overestimate how much they could do in six months, but underestimate what they could achieve in one or two years. When i opened my first trading account in late 2014, i never would have thought i'd be able to make consistent profits like this again. Am i making the most money from day trading out there? No definitely not, but this is more than enough for me, and even if i stop doing youtube today and stop running my own day trading community and still be able to make a very comfortable living from day trading. What you saw today in the video is the result six years later, but what you do not see are all the late nights. I pulled studying charting journaling my trades and, of course, also i'm going to the office going to work late, dozing off at the computer.
At work and uh also getting ghosted by all the boys who didn't want to talk to me because i was too boring or i don't dress fancy enough or enough makeup or i couldn't go to coachella or edc vip, like all the other la girls. Well, guess what, after learning, how to day trade now i could afford all the vip tickets i want yet. I still haven't even gone once like i'm serious, i haven't even gone vip once at all to anything. All i really need nowadays is to be able to go to a japanese ramen restaurant and when the server asks me, if i want extra cha-chu pork for four dollars, i want to be able to just say hell yeah without a second of hesitation.
To me, this is a definition of a good and happy life. If you enjoyed this video so far, please make sure to drop a like at the bottom of the video. I'd really appreciate it. If you want to find more day trading education, videos, both free and premium, you can find them in the links below i'm the humble trader.
Thank you guys so much for watching. As always and i'll see you guys next time.
i think she meant $1000 with Apy of 0.30
which is $30 a year haha, gl affording that $1000 rent 😀
Day trading is a intensive grind that i love. No feeling like it.
don't worry about the VIP because you are as FINE as can be!!! Thank you for another great piece of content
Yes, a good life is where you don't need to say no to the little things that will make u even more happy 🙂
ex: Extra fries, large size coffee, more meat option 🙂
My first profit was 7000 dollars over the capital of 1 lac dollar
Girl I’m hooked love your candor Nd your very funny 😄 thnx
Ok I just pause the video Nd press like Button that’s how much I like it LOL for real no I’ll watch it . Thank you
what kind of day trading training/school did you go to? Can you recommend? Thx, Mike
always love your videos and the silly, light hearted jokes you put on them. too cute honestly
Elon Musk has been pumping the VeChain coin, and it's price is only going to increase.
It is awesome you’re doing great. But can you please make a video on the metrics of your trading like win and loss rate, win and loss per trade, how much you risk per trade and how many trades you try to take each day. What your targets are? Please make a video on this.
I'll cook, clean, and wash. When can I move in with you? Lol
can you do a update on where you are now as of November 1st.
Hi Shay, this is impressive work. You're videos are as usual as humorous as they are informative. Nicely done!
new folllower, i just found you and, to show your profist has caught my attention to increase my knowledge about trading. I just strated to learn a few months ago (july-august 2021)
Thanks for telling us about …
I've been at this a while myself. Mainly trading inside my retirement account to defer taxes. I run a small business so I often miss bottoms and tops but still manage more gain's than losses, which is good for me. Heading the right direction for most of my trades. Sometimes a 40 dollar gain, sometime a thousand. It all adds up.
Thanks for sharing! I'm hoping to switch from working my day job to day trading eventually. I'm in the 'learning to become consistent while juggling everything else phase, but this is good motivation to keep up the struggle!
Thank you for your honesty. In 3 videos (of yours), I found answers to questions I had for weeks. Whenever I tried to find answers, I had to go through a list of shitty sites only there to sell their ferry powder. From all the videos I saw here, you deserve the 1st position by FAR for authenticity of infos. Thanks again.
You are so right! It took me a year to learn how trading really works. Now when people ask me about trading and how much they should invest in it. I usually say, "start with 1000 dollars for the first 12 months because if you lose it "you won't die."
Love the video, Thanx. What would your average % gain be per trade and how many trades per month would it be?
A lot of liars in here. Saying they make 1,000 – 2,000 every day.
Nobody tells you about their losses, they only tell you their wins.
I've been start trading stocks 8 months ago full time(swing trading). I'm about to break even now. I've made lots of mistakes(panic selling + wash sale adj). Now I've learned to not do that. But I sometimes still do because sell off the stocks that are underwater for long time and recover the losses from other stocks I bought. Getting ready to learn PDT.
Pretty much all the people I know who call themselves "day traders" are people who lost their full-time job and pushing buttons on their computers to make themselves feel important.
"Extra chashu pork for 4$?"
Hell yeah!
LOL
You should look up to Chicken genius, he is your life partner..You too are alike.
If I was only 40 years younger lol you make me laugh. But keep me interested in the content of what your saying
I haven’t started day trading yet. I do long term stock but seen your you tube channel and it intrigued me to day trading.
one thing im scared of being rich is my parents are going to ask "A LOT"