So many mistakes as I learned how to day trade in the stock market. Here is what I learned from making $200,000 day trading in the stock market.
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I Finally did it I made over two hundred thousand dollars in the past two and a half weeks trading in the stock market I Do want to disclose that I do trade with half a million dollars so that's roughly a little bit over a forty percent. ROI So that's like if you trade with ten thousand dollars, you make in a little bit over four thousand dollars. I Just like putting that into perspective, Uh, just because again, I know this isn't like you know that those crypto gains of like two thousand percent I mean it's forty percent. It's still something that I've worked really hard for.

It's still something that I am continuing to try to get better on and I wanted to share some of the things that I've learned along the way. One of the first things that I want to share with you is I Do not trade penny stocks I Do not trade options I don't really trade anything that's very aggressive I have my bread and butter which is the NASDAQ Market uh which has a big focus on tech stocks and I focus on these uh pair of ETFs that either go up or down depending on the move of the NASDAQ Market I want to show show you so like today ask you I made 18 063.83 I closed out my position I left myself with my one lucky share. Uh, and all of this was made on the original rip up within the first two hours of the market open. Uh, we peaked at highs of 18.

uh, 1933. The market was selling off due to factoring in a CPI data report that's about to be released. Uh and as the market sold off, Direction became very clear Market sentiment was very bearish and again, when Market sells off, Sqq goes up I kept it very simple I began to dollar cost average into this as I continue to form higher highs I added more to it and then we began to retest overbought levels. It was reaching a range that was higher than the day before.

We were looking very overbought I wanted to play it safe. we saw a potential change of Direction and then I began locking in profits and reducing my position size when I began to see that there was no longer any more signs of progress. But again, these are things that I cover every single day with my Lpp team during my live trading session. So my Lpp team actually gets to watch me trade live.

They get to see my entries, they get to see my exits, but most importantly, they get to hear my thought process behind every single trade that I take within that live session. Now, how valuable would that be right? Other people like to sell call outs or they like to tell other people where to buy or where to sell and I don't know about you but I never want to be told what to do with my money, right? I want to understand why and that's exactly what we do. Within These Live sessions is I share my thought process that behind that trade opportunity that I see presented regardless if it goes according to plan or not. you get to see a raw live session of my good trades of my bad trades and you get to see everything right of how I manage my risk when things begin to go south or if things are going according to plan how I lock in profit and hold myself accountable right and at least myself as a visual learner.
That's how I learn best and that's exactly why we host these daily live trading sessions. So um, you know it's been a journey and one of my biggest takeaways from this has been journaling, um, everything It is that you know every single day when it comes down to the trades that I take on my red days I point out areas of opportunity like earlier this week on Monday I lost ten thousand dollars I was up ten thousand dollars on Monday and then I not only gave that all back, but then I lost ten thousand dollars. That's a change of twenty thousand, right? I made very simple mistakes, but again very simple mistakes when you trade with a lot of money cost you a lot of money which is why it's so important to start small and then when you understand what you're doing, then you can skill into it right? But it was a very costly mistake and although I've made it back with you know the the series of days that have followed, it's still, you know, a big takeaway, right? But not just on my red days do I like to journal, but even on my green days uh, like today. One of my biggest takeaways was I did a very good job not over trading and that's something that I've struggled with before.

I mean I really like what I do every single day right and I'm eager to always get back into a position. but any open position is a position that's open to risk. which is why I held myself accountable and after exceeding my daily goal and locking in profits, I told myself to just walk away and regardless of what happens, even if another trade setup presents itself just to call it a day and wait for tomorrow to see how you know what the market presents to me. and I'm very happy that I was able to walk away with that.

And I normally have you know some areas of opportunity of what I could have done better on days, even when they are green days, because we all know that just because we end up green, it doesn't necessarily mean that that trade or that habits that we implemented for that trade were all good, right? And I think that's why journaling is so important, because it really puts order in this market full of chaos and that's what I've been really trying to focus on is keeping structure and order with my trading and holding myself accountable, not being perfect, but working on just being a little bit better every single day. So again, I would love to give you access to being able to watch me train Trade Live. We are running our biggest sell right now so you can click the link below. it's 175 off and you can watch me trade live as soon as the next day.

The Market opens I Trade Live every single morning. It's a one-time payment lifetime access and remember, it's literally the only thing that I offer. So if you want the ability to watch me trade live every day, if you want access to me in these daily live sessions, then again, click the link below. One time payment, lifetime access and I'll see you the next time the Market opens.
I Appreciate your time, hope that we're in a thumbs up and like always, let's make sure that way in the year On a green note, so either team.

By Stock Chat

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24 thoughts on “What i learned from making $200,000 day trading explained in 5 mins”
  1. Avataaar/Circle Created with python_avatars Rohit Bhatnagar says:

    Appreciate all you discussed, especially thought process… an invaluable skill to all of that want to understand trading correctly.

  2. Avataaar/Circle Created with python_avatars ๐Ÿ‘จ๐Ÿปโ€๐Ÿ’ป says:

    Literally. I always do SO good… then… then it's always that LAST one that gets me stuck!

  3. Avataaar/Circle Created with python_avatars Paleo jack says:

    do you have to join his LPP to watch his live trading ? i want to get into trading so just asking the questions ๐Ÿ™‚

  4. Avataaar/Circle Created with python_avatars Jose Zamora says:

    How much ?

  5. Avataaar/Circle Created with python_avatars Montbel says:

    Congrats, Ricky. You are a great day trader and teacher.

  6. Avataaar/Circle Created with python_avatars William Robertson says:

    Bank failures are likely to continue increasing due to rising interest rates, as it causes their commercial paper and treasuries to become devalued. To prevent a severe economic downturn, it is necessary to implement a freeze on interest rates. Simultaneously, the White House should support the industry in boosting gas and oil production to lower fuel prices. The anti-oil stance only contributes to higher energy costs, leading to inflation throughout the economy. By reducing interest rates, tightening the money supply, cutting government expenditures, and increasing the availability of affordable fuel, inflation will decrease, and the economy will thrive. Unfortunately, various conflicting agendas make it unlikely for all these measures to be implemented, resulting in a recession and persistent inflation.

  7. Avataaar/Circle Created with python_avatars Zirys says:

    How do you get so few vies and comments with your 1.15m totally legit subscribers? xD

  8. Avataaar/Circle Created with python_avatars Jeffrey Coloma says:

    As you explained, you were down 10,000.00, then made it back. That's really great. I'm amazed at your skill. My question is, doesn't that put you in a wash sale situation?

  9. Avataaar/Circle Created with python_avatars Passive Dividends & Options says:

    Trading can be such a rollercoaster of emotions. Being able to handle the highs and lows are crucial for long term sustainability.

  10. Avataaar/Circle Created with python_avatars Raul Rivera says:

    How many trades daily average estimate??

  11. Avataaar/Circle Created with python_avatars ู…ู†ูˆุนุงุช ุงูู„ุงู… says:

    The news is published, onschain will be listed on binance

  12. Avataaar/Circle Created with python_avatars EmDotTwo says:

    I bought a three thousand dollar ons token. Lets see!

  13. Avataaar/Circle Created with python_avatars Jk GAMING 4U says:

    Onschain will be listed on binance

  14. Avataaar/Circle Created with python_avatars Ruri says:

    Onschain will blow the market to the moon

  15. Avataaar/Circle Created with python_avatars ehtisham romeo vlog says:

    Onschain is currently selling for 20 cents

  16. Avataaar/Circle Created with python_avatars ES Sumon says:

    bro, can you check the onschain?

  17. Avataaar/Circle Created with python_avatars Anak Mendalo says:

    price goes up every two weeks

  18. Avataaar/Circle Created with python_avatars JUSTIN says:

    what is this ONSCHAIN?

  19. Avataaar/Circle Created with python_avatars DISCOVERY GYAN says:

    what is this ONSCHAIN?

  20. Avataaar/Circle Created with python_avatars Mixed Fish says:

    If Binance says, he knows

  21. Avataaar/Circle Created with python_avatars Among Gaming says:

    If Binance says, he knows

  22. Avataaar/Circle Created with python_avatars FF Rohit gaming says:

    Can you review the onschain?

  23. Avataaar/Circle Created with python_avatars Cimmogi says:

    It is very logical to collect onschain from the bottom price and sell it after 6-12 months, the price will increase every two weeks.

  24. Avataaar/Circle Created with python_avatars Bart Robert says:

    they talk so much about onschain, can you check it out?

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