I Tried Day Trading With No Experience — EXPERT EDITION

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I tried day trading as a beginner (again), with the help of some experts.

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[alext]

Thanks for being totally transparent and showing how difficult it actually is.

[benhillman]

Did you see the research affiliates study where the top day traders get beaten by blindfolded monkeys throwing darts 98% of the time over some 50 years of picks? It's fascinating that applying expertise might actually be detrimental 😅

[humble.genius]

You know Jon? I think this is the best time to hire another cat for your financial advisor😂

[lipvandip]

I have been waiting for this for long, thank you bro!

Also, this would be great to see as a full on series! Maybe learning to trade with a beginner? It'd be nice to follow along a series where you learn as the creator does, I don't think that exists for this subject only if you enjoy it

[pinkavyek]

Every time Jon uploads, a part of me becomes more and more complete, let's gooo

[Dr.JubairsFinance]

Lovely message, I thought as much, good conclusion

[hennnnerz]

While it might be free to trade, the buy:sell spread may be wider. So your buy price is higher and sell price lower, potentially. But if the pro trader is on the same platform not sure why there would be a difference? Interesting one.

[kjrholmf]

What app did you use to buy stocks? btw good video

[dotpenji]

Impressive experiment, especially with Chili's stock picks! Now that you've tested various strategies, have you considered combining AI-based insights with your learnings for more effective day trading? What's your take on the role of AI in stock trading?

[NOOBDAXD]

NEXTTTT binary trading? I be making so much profit as well as loss in that
That could be a good video

[BetsyBigNose]

Entertaining video. I am based in the UK too and during the "cough" of the last 3 years a friend sent me to the J Bravo channel. He does news and trading, but not day trading. I have picked up a lot from his videos so maybe you could collab with him? He's a bit off-the-wall in his videos but he knows his stuff. Overall last year I made 10% on my account, whilst good, I have found other ways to apply what he teaches in different markets this year. Fingers crossed end of year is good!

[vernfb]

You're correct. Most, if not all, people lose money doing this. I tried it every day for 2 years and lost thousands, not to mention the stress and anxiety it causes. It's just not worth it.

[CMWinter]

Honestly, if you're in a position to drop $10k+ copying a pro with that app, and they made you what looks like 10% in 4 days, that does not sound bad at all. Even if it looks like tiny percentages at a time, with a big enough starting sum, you'd more than double that in a year just letting someone else do all the work.

Also, it looked like, even leaving out the obscured screenshots you showed, that was more than 40% from the pro trader. How did you end up at +$9?

[Eveviwhere]

With the copytrading approach, the person who you're copying should make a certain percentage of what you make, so it's not surprising that you're down

[TenTonNuke]

Tim Sykes YOLOed his bar mitzvah money into a penny stock while his mom was still coming over to do his laundry and he got lucky. He has since been making money entirely through his courses which are nothing more than "this is a moving average."

And I'm pretty sure B the Trader has given up on trying to be a successful trader and has just started pumping out motivational YouTube videos that are wall-to-wall ad reads.

I actually don't know of any "experts" who actually show P&L history gained through trading. It's all just Lambos and lifestyle grifts these days. I'm still not entirely sure it's not all one huge scam.

[ekgurung]

which app is that you copy other can you mention

[goticoever]

Bro you should’ve done forex because of the volatility though! Buying company stocks for day trading isn’t the way to make money! I hope in the future you come up with a day trading video in forex when the market opens or closes that’s like the best way to make it happen with day trade! By anyways love ur videos! 👊🏻

[radfaraf]

You didn't day trade you gambled.

[zachfutv]

Also this isn't day trading. You r just buying stocks.

[JPGSMEDIA]

Hey Jon I love your videos, by the way I'm an editor I want to edit your videos