How to Become A Full Time Day Trader (Proven Strategy)

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One of the most common goals I see with people involved in the stock market and looking to make money online is to eventually become a "full time day trader". This is a very ambitious goal and I have nothing but respect for people who are this ambitious. Making money online and having the ability to work from home (or anywhere you would like) is the definition of a freedom. With all that being said, if you want to become a full time day trader, you need to approach everything with a proven strategy that will give you the best chance at success. Let me show you the steps you need to take in order to become a full time day trader in a realistic way. If you think it's just matter of quitting your day job and then proclaiming "I'm a full time day trader", you are mistaken. You need to be smart about your journey to becoming a fully time day trader, so let's focus on this proven strategy to make it happen.

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Great lesson Clay after 4 years of struggle I finally became a consistent Trader. Going to full time at the end of this year

janamel
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This is the advice that you don’t WANT to hear but NEED to Hear. Thank You 🙏🏼

okayranks
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Being a father of 2 and my wife a stay at home mom, I found it incredibly hard to quit my job. I make over triple what I make at my regular job and it’s labor intensive (and it takes 50-60 hours of my week) I can quit anytime but can not. Who knows maybe one day I will, or maybe get fired. Pray for me to see the light

brireal
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Thanks for what you do. I am 38 years old. I'm currently working two jobs because I put my self in debt. I'm sick of working all-day 80hrs plus. When I am debt-free im going to get your course. Hopefully, after I learn your session, I don't have to work too much. Keep up the great work you are doing. Thanks for your effort and for making a youtube video because time is more valuable than money.

Ohenry
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The most transparent from the heart and honest recommended intro to the trading career!! Thank you so much for expressing the actual sane real world transition from the 9 to 5 to the awesome trade living paradise!!!

sl
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As a full time trader I must say for anyone starting out, listen to this guy word by word this advise is literally tresure and will spare you pain.

ahmedaljabal
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Love the channel Clay! I'm going to get out of the 8 to 5 asap. I have about 200 trades (futures) under my belt, consistently make $300 - $500 a day with demo account. been studying a lot. made the budget and know what I need to be making per day / month. There will be no long commute to an office with gossip queens and toxic people. I'll also save money from the long commute each day. Been doing the 8-5 for 30 years. Time for a change. this is a great channel! thanks

RotterStudios
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Brooo this is amazing information, you’re not selling anything. I love that you’re not advertising the market. I have my trading account, I never thought to have a POM account. I wanted to get to where I starting pulling my money from my trading account. I’ve been blessed this year and I have 6 months worth of emergency fund but the way you broke it down makes more sense. I need to have an account that gets “replenished”. Appreciate it man

Lobo
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Great stuff dude....seriously the most HONEST video I seen....RESPECT 👊

mikemyers
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What a wake up call for me! I had 3 successful trades that altogether gave me over 15k in profits, I was set to quit my job, after those 3 trades, two weeks after, I have not have any more success or better said luck in my case. For now, I’ll follow the strategy on this video! Thanks for sharing!

juliomartinez
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Thank you for the video.. definitely been forcing trades. quit my job after I played SPCE/Tesla run up.. and the stock market crash... at 18 i had never seen so much money in my life. I kept some and gave most back to the market. Time to get focused on consistency instead of forcing money into the account

ryankraft
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Great video. Like a lot of people, the whole COVID-19 situation has made me revaluate what I want to do. Trading is only part of that strategy and my time horizon is much longer. I want to be completely self-sufficient in 5 years. Only thing is that I wish I had the proper realization sooner as you're absolutely right, once you have a family and higher expenses, the stakes are that much higher. Find a job that pays well enough to cover what you need (and that you leave when you punch out, not taking work home with you) and focus on learning. I've blown up several accounts over the years (thankfully not anything major) but this is the first time I'm learning to re-train my trading psychology.
Thanks!

gbh
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Thank you for the content tired of people only advertising flashy videos, I've been trading for two years and its rough and good at times but you can make a living just gotta stay disciplined and like you pointed out you should have a another source of income it will ease the stress of trading, also it helps to have a long term and short term account

carmike
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This is exactly what I was going to do. Going to deposit 1-3k and build it up to 50k. Then put half of that into my Bill's account and trade from the rest. This will be set in motion soon. Thanks for reassuring me that I'm doing things the right way.

justinwilson
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my 4th trade ever was a swing trade and went up 25k dollars, i was too scared to sell dropped the next day i sold at 8k, after 2 months of day trading i finally got back what i couldve gotten that day lol

viihuman
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That’s true, it’s hard to balance life, work and trading at the same time but some people can do it

gtaplayer
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In order to be able to quit your job and live off of trading, you first need to have a job to be able to quit. You also need money. Wow, I learned so much today.

pryius
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just became zed monopoly student but this channels also a great added knowledge.

knives
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Thanks Clay, your video's have been an inspiration. I've traded £15k of my own money in the last 7 weeks during lockdown and made £2.5k Just gonna keep going!

GRIFF
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There are many good points in the video. However, for me there are some challenges that I somehow need to look at and solve before I can become a full time daytrader. I live in Northern Europe. I would love to become a full time trader. However, considering what time zone I live in, I can´t trade the European markets in the cash opening. I am mainly trading stock indices and Forex. I am trading via CFD´s (I don´t think those "instruments" are allowed to trade in the USA), and I am trading on the low / short time frames. Sometimes I am only in a trade for 20 seconds. So the 3 main challenges I have are:

1) I work as a financial analyst. Mostly my job is quite stressful. When I get home from work around 4 - 4.30 pm Northern European time, the European Markets are going to close, and I can´t trade neither the opening (9 am) nor during the day in the DAX (of the FTSE) as I am at work. Also - I can´t trade the US-market opening, which is 3.30pm European time, as I am still at work or on my way home from work. When I get home from work the volatility after the opening in the US markets is typically over and the markets have gone into a trading range. It is difficult to make profits in trading ranges

2) When I have traded in my vacations - where I was also able to trade the European cash markets - I have usually made good profits in the German DAX-index. However, because I am mainly scalping on the low timeframes (1-, 5-, and 15-minute timeframes) and not doing swingtrades, I can only do that in my vacations

3) VERY often when I get home from work, I have been working with very complex cases all day long at my work. This also means that even I try to pull myself together, I very often feel that my brain is just not ready for trading, and I am "mentally" tired from my work day

I don´t just want to quit my job without knowing if I can become a consistently profitable trader and live of my trading, However, the vicious circle is that I will probably never know if I am a profitable trader, unless I quit my work so I can trade the European markets during their cash opernings.

sukhmaidickoff