What I wish I Knew Before Becoming A Full TIme Trader...

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  • Опубліковано 28 січ 2025

КОМЕНТАРІ • 93

  • @mr.t0ny_stark
    @mr.t0ny_stark 8 місяців тому +30

    Bodybuilding (Eat, Train, Sleep, Repeat) + Trading (Plan, Wait, Execute, Repeat)

    • @Benny-Lane
      @Benny-Lane  8 місяців тому +3

      Very solid! 👌

    • @1w2e3f
      @1w2e3f 6 днів тому

      nothing more nothing less

  • @IamFluffY90
    @IamFluffY90 9 місяців тому +20

    It's all about family for me. My kids are still really young. Going full time will mean spending time with THEM while they're still kids instead of 10 hours a day at a job that could replace me at any moment.

  • @kenichiwatanabe5405
    @kenichiwatanabe5405 10 місяців тому +8

    This is crazy. How on earth did you pop up on my UA-cam channel and read what's on my mind? You solved my problem, sir. Very helpful video. I'm planning to be a full-time trader, but I'm scared of sitting on the chart every minute, hour, or day, knowing my strategy is to inject only at certain times. Wow, God is powerful. I spent almost a month thinking about this problem, but in one single day he showed me you and your advice, so I can understand it very well. Thank you, sir.

  • @slimskinny
    @slimskinny 3 місяці тому +6

    I became a successful trader when I stayed away from the charts as you stated. If my indicator doesn’t alert me of a potential buy or sell I’m living life. Also I have it set to where I’m notified once my tp or sl is hit.
    So being a full time trader I can wait for signals all day, and only take the signal I feel best.
    Trading became very easy for me when I started doing these things.

  • @shivamsrivastava7754
    @shivamsrivastava7754 10 місяців тому +30

    If your channel would have been publicly listed, I would have longed at 100x bro.

  • @Zeezazz
    @Zeezazz 9 місяців тому +2

    Thanks for the great insight. I have a question for you. How many months of profit do you need before you d be considered consistent. Thanks

    • @Benny-Lane
      @Benny-Lane  9 місяців тому +3

      I would say a year or two of consistent returns. Then you need to do it in different market cycles etc.

  • @DeeBrownLTD
    @DeeBrownLTD 28 днів тому

    Yall can also apply to be a substitute teacher (you can pick your own schedule AND NOT work whenever you want).
    Just in case you need immediate income for a day or two or more. If day trading is in a slump.

  • @suga3840
    @suga3840 26 днів тому

    Keep this videos coming man good video

  • @afolabisamuel6992
    @afolabisamuel6992 10 місяців тому +3

    Staying glued on your trading chart every single mins is very dangerous 🔥🔥🔥.
    Analyze your time and your entry times .
    You need another source of income, very very very important, don't completely rely on trading as your only source, except if you already have cash that can last you for at least 6months.

  • @samthecreator10
    @samthecreator10 5 місяців тому +1

    Very very correct.

  • @thundersons
    @thundersons 2 місяці тому

    great video! i need more of this! keep it up bro!

  • @sadako2009
    @sadako2009 10 місяців тому +6

    same here, am a ft trader here too ..cant agree more.freedom is something you might not be able to 'buy'. some people are just stucked with the 9-5 job, for the money, for the committment they have. they have not much of other choices.But if u can master trading, not sayin it is a 100% win or will get u tonnes of money, you can literally have the freedom to choose how you want to use your time.

    • @Benny-Lane
      @Benny-Lane  10 місяців тому +1

      100% well said 🙏🏼

    • @OctFinestt
      @OctFinestt 9 місяців тому

      how do you trade full time without having to have a job fam ???

  • @Valzeth
    @Valzeth 10 місяців тому +3

    Great video!!

  • @PrinceoftheLightSkins
    @PrinceoftheLightSkins 9 місяців тому

    That first chart you pulled up around 30 sec i see a trade, look at the reverse head and shoulders that couldn’t break out and notice the current price formed a short bounce. I would short if the pair breaks down under that small bounce, looking for a total retracement. If the pair does break down and then reclaims that small bump, ill stop out and go long with a chance to retest and potentially break out. Idk thats just what i see..

    • @OctFinestt
      @OctFinestt 9 місяців тому +1

      Lmaoo bro what

  • @tsttristan5045
    @tsttristan5045 8 днів тому

    What camera do you have???

    • @Benny-Lane
      @Benny-Lane  7 днів тому

      ZV-E1 with a 24-70 Sony G master lens.

  • @Trav-Hocking
    @Trav-Hocking 10 місяців тому +1

    Such a good insight into the life of a trader.Thanks for the constant hacks and insights into trading and your world!

    • @Benny-Lane
      @Benny-Lane  10 місяців тому

      Appreciate that! 🙏🙏

  • @agustinooballa3404
    @agustinooballa3404 7 місяців тому

    Best trading advice ever for those who are planning going full time in trading. Thanks for this.

    • @Benny-Lane
      @Benny-Lane  7 місяців тому

      Thank you! I appreciate that.

  • @SeanCarter
    @SeanCarter 9 місяців тому

    What’s your lighting setup for this video?

    • @Benny-Lane
      @Benny-Lane  9 місяців тому

      Just a soft box and natural light! Nothing fancy 🙏🏼

    • @SeanCarter
      @SeanCarter 9 місяців тому

      @@Benny-Lane A one-light setup? It must have been facing you at 90 degrees?

    • @Benny-Lane
      @Benny-Lane  9 місяців тому

      Correct! And yes, 1 light.

    • @SeanCarter
      @SeanCarter 9 місяців тому

      @@Benny-Lane Thanks

  • @olisehanineh
    @olisehanineh 10 місяців тому

    Amazing video
    The exact truth about full time trading.
    Thanks for sharing

  • @jordanvanhemert3597
    @jordanvanhemert3597 10 місяців тому

    Banger video bro 👊 So many nuggets of wisdom in here for traders going full time!

  • @patrickmullen2938
    @patrickmullen2938 2 місяці тому

    Great video

  • @bakalumbega3210
    @bakalumbega3210 10 місяців тому +1

    Your appreciated benny ❤

  • @schenki91
    @schenki91 3 місяці тому

    I wish more people would make videos about how to go back to part time trading from full time. That's imho much harder than going full time

  • @torankaldestad5767
    @torankaldestad5767 9 місяців тому

    Is rize good for copy trading?

    • @Benny-Lane
      @Benny-Lane  9 місяців тому

      Copy trading nope. Learning to trade, yes.
      I don't like the idea of signals at all. I only want members who are willing to put in the work and learn a realistic approach to trading. Not some get rich quick or scalping. 🙏

  • @chinmayshete8737
    @chinmayshete8737 6 місяців тому

    Well summarised

  • @AbsurdGamer
    @AbsurdGamer 10 місяців тому

    Amazing video glad this came across my feed

  • @danzfx99001
    @danzfx99001 10 місяців тому +1

    Another valuable lesson.thankz sir

  • @mlondipraiseworth3223
    @mlondipraiseworth3223 10 місяців тому

    Why did you leave falcon?

    • @Benny-Lane
      @Benny-Lane  10 місяців тому +1

      Hey, I wanted to switch back to my original style! 🙏

    • @mlondipraiseworth3223
      @mlondipraiseworth3223 10 місяців тому

      Would you advise someone to join falcon, if yet why?

  • @Cendolbasinetwork
    @Cendolbasinetwork 6 місяців тому

    Best and realistic advice ever. I wonder how about ur spending habits when you become a full time trader? Am considering of becoming a full time trader in next 5 years. 😅

  • @TraderInTheLab
    @TraderInTheLab 10 місяців тому

    Great video and wisdom mate! 🎉

    • @Benny-Lane
      @Benny-Lane  9 місяців тому

      Thanks mate, appreciate it 🙏🏼

  • @stronkbonk
    @stronkbonk 9 місяців тому

    Hey great video mate! What are some books you would recommend for trading? Or what are some of the resources you found helped you become a trader?

    • @Benny-Lane
      @Benny-Lane  9 місяців тому +2

      Thank you!! In terms of book recommendations I think these are really solid. (not technical analysis books)
      Trading In The Zone
      Way Of The Turtle
      The Mental Game Of Trading
      The Psychology Of Money

    • @stronkbonk
      @stronkbonk 9 місяців тому

      @@Benny-Lane Yeah Trading In The Zone was great, will look into the others! Thanks!

  • @juandeblas1753
    @juandeblas1753 9 місяців тому

    Great video, thanks for sharing bro

  • @v3n481
    @v3n481 14 днів тому

    I had two good months with a funded account and received payouts, but in the third month, guess what? A 2% drawdown. The good news is that I still have my job, so I’ll have income anyway. Otherwise, it would be mentally disastrous to climb out of a drawdown knowing there might be no income for a while. Full-time trading sounds good on paper, but it comes with its own level of stress. For the majority, it’s better to have multiple sources of income rather than relying on just one.

    • @TONI__KROOS
      @TONI__KROOS 9 днів тому

      Is getting payouts easy or hard?

    • @v3n481
      @v3n481 9 днів тому +1

      @ With top firms, getting paid is easy, I receive it faster than my income from my employer, lol. However, the only way to get payouts consistently is to be a really conservative trader, targeting around 1-2% a month max. Chasing more and more beyond that turns trading into a very irregular and unpredictable business.

    • @TONI__KROOS
      @TONI__KROOS 9 днів тому

      @v3n481 how did you deal with psychology and managing your emotions

    • @v3n481
      @v3n481 9 днів тому

      @@TONI__KROOS Trading could be very straightforward, but the hardest part is that it’s addictive. There’s always a desire to spend more time in the markets than necessary, which leads to exhaustion and overtrading and eventually to revenge trading. After facing significant losses, it becomes clear that staring at charts for 8 hours straight and trying to trade everything isn’t more productive than spending 30 minutes scalping US30 during the open hour.
      Now, I focus on quick scalps, aiming for 0.1% a day, and then move on to other things. I’ve deleted all trading-related apps from my phone and only trade at my PC to avoid unproductive time and impulsive decisions.

    • @v3n481
      @v3n481 8 днів тому

      @@TONI__KROOS Trading could be very straightforward, but the hardest part is that it’s addictive. There’s always a desire to spend more time in the markets than necessary, which leads to exhaustion and overtrading and eventually to revenge trading. After facing significant losses, it becomes clear that staring at charts for 8 hours straight and trying to trade everything isn’t more productive than spending 30 minutes scalping US30 during the open hour.
      Now, I focus on quick scalps, aiming for 0.1% a day, and then move on to other things. I’ve deleted all trading-related apps from my phone and only trade at my PC to avoid unproductive time and impulsive decisions.

  • @bballah9969
    @bballah9969 9 місяців тому

    The reality is Imo traders that have any success in the market have one thing in common they don't rely on trading to pay the bills.
    They have a small business or part time job, and they trade as a source of residual income. Also, the reality is no one is trading full time for a living due to many factors and variables involved which is pretty long to list, and if anyone is claiming they trade full time as their only source of income is full of it. Let's face it trading is the easiest hardest money you will ever make if that makes any sense. If trading was easy everyone would be doing it hence the high failure rate.

  • @NoName-wl3wv
    @NoName-wl3wv 8 місяців тому

    You deserve millions of subscribes.

    • @Benny-Lane
      @Benny-Lane  8 місяців тому

      Thank you! I appreciate that.🙏

  • @jeez323
    @jeez323 10 місяців тому

    Value packed as always 🔥

    • @Benny-Lane
      @Benny-Lane  10 місяців тому

      Legend! Thank you!!

  • @acperak
    @acperak 9 місяців тому

    Lovely video!

  • @B_Lane
    @B_Lane 10 місяців тому +1

    oh sht, the real B Lane.

    • @Benny-Lane
      @Benny-Lane  10 місяців тому

      😳🤔

    • @B_Lane
      @B_Lane 10 місяців тому

      Hah my name is Blayne but on yt I'm "B Lane". Solid content, subbed up @@Benny-Lane

  • @Phastal
    @Phastal 10 місяців тому

    Hey you came up on my suggested videos. I knew your name looked familiar. You were part of Infinite prosperity right?

    • @Benny-Lane
      @Benny-Lane  10 місяців тому +1

      Correct! I use to be 🙏

  • @_al_c2638
    @_al_c2638 10 місяців тому +1

    Spending the trading money could be a hobby right?

  • @interlectual_authority
    @interlectual_authority 10 місяців тому

    Personally, i wouldnt invest in Index funds, I would rather invest in stocks after a big bear rally. It doesnt have to be the end, but gains are still big.

    • @Benny-Lane
      @Benny-Lane  10 місяців тому +1

      Very fair! Many ways to do it, that's for sure.

  • @memyselfandi201
    @memyselfandi201 10 місяців тому

    True, and that can lead to disaster.

  • @Fuettle
    @Fuettle 10 місяців тому

    You are amazing! only 500+ subs? WHATT? Best advise rn im subbing

    • @Benny-Lane
      @Benny-Lane  10 місяців тому

      I appreciate that a lot, thanks man 🙏