Day Trading Tips For Beginner ! Part 1

This video series is a collection of trading tips that I observed, from the money managers and also from other day traders. Hope this series will help those who are considering getting into day trading, or beginners in stock trading.

[@gennadiikurabko9672]

Thank you for the tips! I was interested in the topic several years ago, mainly in tech. analysis. But never made it out of the demo accounts. So your posts reignited my interest. Hopefully my comment will motivate you a little bit to continue your series!

[@DIYUSA]

Your comment really motivated me to post more videos on investing. Most viewers come to my channel to see my new boat designs. There are not many viewers checking out my investing ideas 🙂 I am considering setting up a different channel to talk about investing. I think learning how to invest is more practical. This is my 8th months of day trading and I am keep on improving. I am making more money than when I was a full time engineer .🙂. However, when I talked to my friends, very few people manage their own investments and they consider day trading is gambling, which I don't disagree. However, they are happy to give their money to the gamblers (financial planners) and have them doing all the gambling. I suggest you start buying and selling a few shares, yes 2-5 shares, will help you to learn faster than trading on a paper account. My sister has been trading side-by-side with me and she limited herself to have $20000 for trading. She understands her personality cannot handle heavy lost and she is doing amazingly well, making average $100 per day. For me, I am a risk taker but I will not gambling in Las Vegas. I only do things that has a high probability of success. I tried trading options and got out because I don't want to spend time learning the details in trading options. However, looking at the charts doing buying/sell stocks seemed to be much easier for me to handle. I probably will not get into margined trades because if I can make good money with simple trades (buy low, sell high) and I don't see the need to learn more. There are still a lot to learn in day trading. I make mistakes every day (mainly because of FOMO). This will take time to learn. Cheers!

[@boatboy1326]

Thank you for the tips :)

[@DIYUSA]

Thanks for your feedback. I try to share a new topic on my channel. In the past few days, I don't see many people watching it and wonder if I should continue. Your input encouraged me to continue to share some more tips. Thanks for watching.

[@boatboy1326]

@@DIYUSA I completely understand, I have 2 main channels on UA-cam. One channel is growing super slow and it's hard to put much time into it because of it's slow growth. But I keep working at it and hopefully one day it will get there. So I guess what I'm saying is if you're passionate about it, just keep at it :)

[@DIYUSA]

@@boatboy1326 Thanks for your advice and support! I will follow my passion 🙂