Why DAY TRADING is More Profitable than INVESTING

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Today, I'm sharing why I chose the thrilling and unpredictable career path of day trading over the more traditional, steadier path of investing. 🤔 💸

If you've been questioned about "gambling away" your hard-earned money through day trading or wondered why anyone would take on such a risky business such as day trading, this video is for you.

I'll share why I was drawn to full-time day trading, and the advantages day trading offers over investing, and I'll share the downsides of day trading. I'll also discuss why day trading might not be for everyone and how investing could be a better choice for some, especially when it comes to taxes.

Join me as I debunk myths, break down misconceptions and give you an insider's perspective on the life of a day trader versus an investor. By the end, you'll have a deeper understanding of these two paths, helping you decide whether day trading or investing is the right path for you!

#daytrading #stockmarket #howtodaytrade
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▶️My Day Trading for Beginners Playlists

Technical Analysis Masterclass:
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📉My Trading Broker Platforms:

-Get $0 Commissions for 60 days
-Get 1 free month of Das Trader Pro ($150 in free value)
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-Use my scan templates to find the right stocks to trade
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✅My REAL Social Accounts:
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#crypto #bitcoin #cryptotrading #vwap #supportandresistance #tradingstrategy #livetrading #intradaytrading #nifty #riskmanagement #daytradingforbeginners #howtodaytrade
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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. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses.

AFFILIATE DISCLOSURE: I only recommend products and services I genuinely 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

[HumbledTraderOfficial]

Traders, what are some of your friends and family's biggest misconceptions about your career? And what do you say to them?👇

[ryanbienvenu]

Thanks for all of the high quality videos! You are now my favorite day trading youtuber! I love your simple yet effective approach. I have adopted your simplified use of VWAP and volume indicators to cut out all the noise so that I can concentrate more on the price action, which is already paying off. 😊

[gloofisearch]

Very good video. Everybody has to remember that day trading is a business and you need to be 100% involved.

[andrasszerencses]

That pic next to corolla is just so cool! Yes, exactly this is why I prioritize day and swing trade over any other investments.

[jetlee]

Thank you for introducing me to the price action concept. I finally made good consistent profit this year. Up 75% YTD with 3 long trades and the rest short trades this year. I have been using the 9 and 20 ema, vwap, 50 100 200 sma, playing off fear and greed psychology. Looking forward to see where this leads me in a couple years.

[thomastsou]

At your first 2 years, you are one of the donators to Jim Simmons Team who took all your money and including mine. I need to join to his fund but not available to us.

[towersroofinginc]

Your jokes about your ex end everything else are always funny! Keep up the amazing uplifting content and thank you for sharing your knowledge and being incredibly humble!

[kaybaba]

It actually something that money cannot buy ... .... u are the best..

[dontbabilly]

Thanks Shay, today I had 3 winners and a small loser. But unfortunately I have to return to work to fund my account further. Trading a 2k account brings on a lot emotional issues. I am working my way thru them with self recognition and discipline. Fear is still there to a lesser degree and what it is causing me to do is have a problem with my exits. leaving money on the table and giving back to much of my profit. These are all the mental things a day trader goes thru. There are 2 worlds a day trader lives in the " physical and emotional ". Since trading is 90% emotional you can see what needs the most work. I will day trade until I take my last breath. This is a lot of work but I really enjoy it and am making progress. Good book to read "The disciplined trader " by Mark Douglas he lays it out in a way it is easy to understand. Wayne from Boise, Idaho. Potatoes anyone?

[NotMuchHere]

Greetings, I am more of a swinger than a daybot. One summer (2002) I would move money back and forth between my 401k bond fund and my 401k stock fund. When the stocks declined I move money into them. When the stocks surged up I would move money out. That summer I moved money every 3-6 weeks. ... I doubled my 401k balance and the fund company started charging to rebalance! :). You make money when you move money

[soullfire]

If you day trade futures in the States, profits are split 60/40, with 60% being counted as long term capital gains, and 40% as short term. So you get much better tax treatment trading futures over stocks.

[windible]

X day trader I made 40, 000 USD 3 days a week and lost 8k when I went to the bathroom and bought Qualcomm on a downswing before going LoL. But I have permanent brain damage from an accident or actually a homicide temp that happened in a week on the floor with no food or water. So I'm out of the game. I used to be rich so it sucks. I could still probably do it at a slower pace. But what I'm thinking about is the AI eventually it's going to get into this go that route when the time comes. Mostly why I date rated in large sums of money was because I was addicted to the emotional ups and it was the best drug I could ever buy.😊

[olabiyijoshua]

If one is being taxed for 100 percent of their profits in day trading, then you are not making any profits.

[Kumachanchan]

Shay, many would like to day trade and are ready to but keep in mind in the USA you have to have a 25K balance to not be labeled a PDT on any platform and after 3 warnings you are canceled! We CANNOT use 5K and day trade! Not even 10K! We can only swing trade or Level 2 options. So please keep in mind and maybe do a series about this.

[posthardcoresinger]

Shay: "20K isn't enough to live on"... hold my cheap coffee. *cracks knuckles* -We're in for a midwestern coupon-athon boys.

[icebish]

Hi humble trader, I love your videos and learning a lot, my work is 10hrs shifts and I cant wait to start my day trading journey but I still have lots to learn, I have a demo account on trading and lol I am failing but with your videos it's helping me to make my demo account go higher so I might start my trading journey soon, thanks again 😊

[justgoos]

THE HARDEST FACT TO ACCEPT ABOUT
TRADING
You can do everything right:
Perfectly follow your rules.
Apply risk management.
Show up every day.
And still LOSE MONEY.

[LongTu]

Many thanks Shay for all sharing, very much appreciated !!!

[Gloriousman]

I started watching your content. It so much valuable content to pick up all the way from start to finish. Ill keep eyeing more of your videos in the future.

[yasserabdelkader]

I like swing and you and I heat day trading