How to START Day Trading For Beginners 2025 (FULL COURSE)

 How to START Day Trading For Beginners 2024 (FULL COURSE)

if you start trading and master it you

can create a massive income generating

machine for yourself but if you don't

have the right foundation you can spend

years losing money trying different

things to figure it out only to find

yourself more confused because the

trading world is confusing with millions

of people saying millions of different

things okay I've been trading for over 7

years now and I'm completely self-taught

so whether you have some trading

experience or you're brand spanking new

what I'm going to show you today is a

simple process that I wish I took from

the jump to start doing things properly

I'll show you how to re ire your mind to

think like a Trader all the softwares

you're going to need how to do simple

charting understanding trading math all

the custom tools that I've built over

the past several years and how to gain

access to Capital starting with a small

amount of money so that by the end of

this video you'll have a clear path to

master trading and hopefully create that

income generating machine for yourself

all right so before we start I want to

do an exercise so I have a coin right

here heads is going to equal $300 in

tails is going to equal $100 if we flip

the coin 10 times in a row under the

same conditions we'll know that roughly

will get five heads in five tails and

that average will still statistically

hold true even if we get three taals in

a row now knowing this it wouldn't

really be logical to get emotionally

invested in the outcome of each coin

flip and we know that we'll get

approximately five tails for $1100 each

which will leave us with a net gain of

$11,000 now the losing Trader mindset is

to put importance into the outcome of

each individual coin flip whereas the

prot trader mindset in instead will

focus all of their effort on keeping the

same conditions for the coin flip and

tracking on average how much they make

after 10 coin flips now in trading this

coin flip is going to be equivalent to

our strategies and practices it's all

going to come down to winning

probability if you go into trading

understanding this exact principle

you're going to be ahead of 80% of other

Traders when they get started but that

only takes us so far now we have to

learn how to actually implement this

into a trading Market all right let's

get into lesson number two where we're

going to talk about charting in software

so today I'm going to talk about three

foundational softwares where basically

you can get started trading using these

things first thing is going to be

trading view second thing is going to be

Excel or Google Sheets and then the

third thing is going to be an exchange

okay so personally I trade

cryptocurrency so I'm using either byit

or femx as an exchange but depending on

if you're trading Forex or whatever we

just need a means to actually buy and

sell we don't really need to focus on

this until more towards the end of the

video all right so let's hop over into

trading view you'll notice my chart just

has candlesticks on it with nothing else

okay this is a big big thing for you to

understand and this is something that

I've noticed throughout my trading

Journey watching people who haven't

succeeded and who have succeeded and

what's really helped me personally okay

there's so much that you can add to your

charts just been it's been a long fight

it's been a long fight and I just had to

have a warrior spe okay there's so many

indicators that we do use once we get

more advanced but you have to understand

most people start with a process that

doesn't work and then they add extra

stuff to their chart in order to try to

make make it work whereas the successful

people in the right way to do this is to

have a very very simple chart understand

what moves the markets how to actually

trade that and then as you're starting

to see success with the fundamentals of

trading you're adding more to it to

complement what already works

simplistically if you're doing the

opposite you're already wrong you're

going to confuse yourself with something

called paralysis by over analysis and

this is how people run themselves down a

rabbit hole of never actually being able

to understand how to trade do not do

that start simp I'm going to walk you

through the entire process to understand

exactly how markets move how we're going

to read these charts and then we can add

stuff as we go promise me that you're

not going to do that if you have a crazy

chart with indicators all over it wipe

it clean and follow along with this all

right so right here I have my chart

pulled up this is on mic so I personally

trade cryptocurrency the reason I trade

cryptocurrency is because the market is

open 24/7 and it allows me to use high

leverage so I don't have to use a lot of

my Capital to take really large

positions when I'm trading okay I'm

going to explain this in way more detail

in Lesson Four so hang in there all

right so here we have our chart

frequencies I'm going to go over really

quickly what these candlesticks mean the

bottom of this box is where the candle

opened this Wick is the lowest point

that the price moved in the past 5

minutes this is where the candle closed

and this is the highest the price went

in this 5minute increment same thing

with the orange candles price opened

here closed here and then the highs and

lows are still the same this is a simple

standard way for us to see where the

price is moving all right but I still

think that most Traders honestly ly even

if they are trading don't really fully

understand what moves the markets so and

what moves these candles are buyers and

sellers on the order book so we can see

up here these are all sellers in red and

down here this is the bid side where the

buyers are and in order for this candle

to move up these buyers who want to buy

into the market have to take orders from

these sellers up here so if I wanted to

enter the market right here and the

first available order for me to sell is

going to be down here so if there's more

buy pressure in the market it's going to

start clearing out all the orders at

this level and then the new current

price that you can enter is going to be

somewhere up here as the candle

increases in price and the same thing

goes in the opposite direction and the

quantity of orders at each price slot

here is something called volume this is

people quite literally interacting with

the market now something that you have

to keep in mind is when we're looking at

charts we're seeing the visual

representation of mass human psychology

so all those people making Buy sell

decisions institutions algorithms that

are all involved with the market okay

we're able to see those actions

collectively and start to use patterns

to make sense of it and so all we're

really seeing is a battle of supply and

demand on our chart as the supply

increases if the demand for that at

higher and higher prices starts to slow

down the price will retrace until the

demand starts to outweigh the supply and

then once the demand is back the price

will continue to move up so all we're

seeing is a big increase of supply and

no demand and then the demand coming

back all right and one of the key

premises of trading is predicting where

those supply and demand imbalances will

happen before they happen so we can

enter the market and benefit off of

those changes so if we can figure out

that say this area is going to be a

potential reversal area where the demand

will start outweigh the supply we can

buy in here wait for the price to

continue moving and then sell it for a

higher price and that's how you make

money as a Trader You're basically

trading in the supply and demand and

trying to outsmart an entire ocean of

other people who also want to buy and

sell these instruments for different

reasons so predicting these levels is

obviously the golden answer of trading

if you figure out a way to do that and

you figure out how to position yourself

in the market then you can make

consistent profits one of the most

effective ways to do this is by using

Trends so okay we can start to

anticipate where the demand will be

higher than the supply or the supply

will be higher than Demand by using

trend lines so a trend constitutes of a

high a low and then a higher high this

is what's required for an uptrend okay

same thing for a downtrend if we have a

move with a lower low a lower high a

secondary lower low and a lower high

that constitutes as a confirmed

downtrend all right and we can use trend

lines to start to look at these

important levels so if I click a line

from this low all the way up to here you

can see the price is bouncing off of

that demand outweighing the supply zone

until all of a sudden the demand is no

longer there and the price drops through

this level and now we have that Trend

broken which is going to lead to a new

potential Trend all right so here's

another example so we have Supply

outweighing demand here as well as

Supply outweighing demand at this level

so if we drag draw a line from here and

then we take a parallel line and we go

to this lowest point on the other side

of this move if we go ahead and play

this chart forward we can predict

roughly where this price will end up

going through before the demand

outweighs the supply we get a response

off of that Trend and then we end up

making a move higher so just like our

coin flip we understand that we could

get tails and this would keep moving or

we can get heads and we can be right

about predicting that Supply demand Zone

and have an opportunity to take a trade

so if we decided to buy say 1,000 units

at this level and then allow this to

play forward okay we can end up selling

it up here to make a nice profit on the

trade however one of the biggest

mistakes you can make as a beginner is

entering your trades number one without

a stop- loss to manage risk and number

two with a random amount of units okay

because 2,000 units of madic that we got

for 83 done on something like ethereum

which cost

$2400 per token you can see the position

size is going to be vastly different

okay we just lost theoretically $23,000

so instead of potentially risking $10 on

madic we just lost

$23,000 theoretically on ethereum so

every time you're entering a position

you need to know where exactly you're

entering where you're going to be taking

profit and where you going to be selling

and leaving the trade if we end up

 landing on Tails if the trade ends up

going against us us so that we can

contain those losses so say for example

we wanted to buy here we wanted to take

profit here and we wanted our stop loss

to be placed here and say we wanted to

risk $50 on this trade we need to enter

at this specific level with this exact

amount of units in order to risk $50 and

attempt to make

$210 once again our heads and tails the

$300 on heads and the $50 on taals is

only going to be possible if we're

setting our trades up this way from the

jump and here's another big stupid one

that I hear a lot of times from other

trading influencers where they say yeah

you know I was really confident about

this trade so I took more size on this

one and I wasn't so confident on this

trade so I took a little bit less size

if you start deciding which setups

you're going to put more size into

you're going to directly start making

decisions based on your emotions okay

instead of following a process and

following your simple strategy where

it's either I'm taking the trade or I'm

not you're deciding I like this one

better so I'm going to put more money

into it okay if that one goes against

you you're going to start thinking well

oh the time that I thought the one was

going to work out I put more money into

and I lost so I'm going to find the ones

I don't like so much and I'm going to

put more money into those and you'll

start running yourself into this stupid

Rabbit Hole okay don't listen to people

that are saying things like this trading

is supposed to be very systematic the

less emotional decision-making that you

need to make the more effective of a

Trader you are going to be and the way

you do that is by following your exact

strategy every time I can't hone in

enough on that okay because the closer

you can follow your process the closer

you can figure out out of 10 trades how

often does my trade hit this full

stop-loss value all right because then

it simply comes down to a combination of

win rate and the risk factors on your

trade so when I say risk factors if we

consider your risk which is in this case

$50 one risk factor if this moves up by

3x your risk that is three risk factors

we' make $150 on this trade because then

it just comes down to different

combinations of your winning percentage

or the amount of times that you are

right versus those risk factors that

you're making and you can see even if

you're only right 30% of the time if you

have a 1 to three risk reward where

you're risking $50 to make $150 you can

still come out of that profitable okay

so the goal of trading is to use your

practice use your journaling to take

more winning trades so you can be more

at say a 50 60% win rate at a 1 to 2 1:

3 and you can be sitting right in this

pocket here and that's with most

traditional trading systems how you

could hit that sweet spot and be able to

make consistent profits over time get

this whole notion out of your head that

trading is about being right or being

able to predict what's going to happen

okay any Trader that saying oh I lost a

 trade so that's automatically bad don't

listen to those people there are good

trades and there are bad trades if you

make a whole bunch of money on a trade

that was really really risky even though

you made money on it that's still a

really stupid bad trade if you lose

money on a really good setup where

you're putting yourself in a position

for one of those coin flips that is a

good trade whether you make money or

don't make sure you get that through

your head and don't listen to these

other idiots online that are going to

say things like this all right let's

move into Lesson Four and I'm going to

explain to you access to Capital in

using leverage which is going to allow

you to start trading with a lot less

money but also if you know how to do it

properly it's also no more implied risk

so let's go back to our mic example here

by the way if you want to use this

position size calculator go into the

description and join our Discord all

right we have a whole free section of

our Discord where you can chat with

other Traders okay we put out trade

ideas from the private side of our

trading team that you can follow along

with to get yourself started but if you

go into this resources and learning

section here you can click on this link

and not only are you going to get all my

trading view indicators but you're also

going to get a ton of other resources

that we put together in a One-Stop shop

so you have everything that we talk

about in other videos and to get

yourself started trading the right way

so let's go back to our madic example

say we wanted to buy here take profit

here and sell here say we're beginners

we want to risk a really modest amount

of money so $25 on that trade okay even

only risking $25 on this trade we're

required to enter still with

1,831 maic tokens at a price of 83 which

is going to cost us

$1,529 so once again risking $25

requires us to have $1,500 worth of

capital without the use of Leverage but

say we add 10x leverage to this that

will drop the capital requirement for

the trade down to

$152 all right so for example if I go

over to madic and put in my 1831 units

you can see without leverage this is

going to cost me about $1,400 if I

increase the leverage say to that 10x

leverage now the cost of this position

is going to be

$45 but this is also going to increase

the amount of fees that you need to pay

on the trade so if you're paying a 2%

commission that 2% commission is still

going to be coming off of the total

actual cost of the position not just the

cash requirement to enter it so that's

something to keep in mind for moving

forward okay but Leverage is going to

allow you to take really normal size

trades and it's really no more risky so

long as you're still calculating your

positions to risk a certain amount of

money all right but you shouldn't even

be using an exchange or leverage until

you complete lesson five which is what

we're going to talk about next which is

going to be journaling practicing your

 trades so that we're able to scale our

accounts okay so say we've taken our

trade risking $50 we make a 1 to three

so we made $150 on this trade you should

immediately be screenshotting this trade

to track it taking a screenshot of that

chart in journaling the date of Entry

the ticker whether it was a long or

short how much money you made or lost on

the trade and any notes that you want to

take on the setup that way you have a

log of all of the decisions that you've

made all the trades that you've taken

and you know over a certain amount of

Trades over a certain amount of coin

flips how much money you actually made

what percentage of the time did you make

or lose money and how many total trades

did you take okay so I built this custom

spreadsheet as something very simple

that you guys will get access to if you

get this inevit trade Trader Suite of

tools this is the only way that you'll

be able to have the proof of concept and

know that your trading is actually

working out because until you have the

proof of concept until you know that

your trading is working it doesn't

really make sense to hop onto an

exchange and start using real money if

you don't have the proof of concept that

you're trading works if you're not

practicing and being profitable with

your strategies then you shouldn't be

putting money into the market at all

that should be the last step that you do

okay what I will say once you are

proficient and you are starting to see

some results don't hang out on the Sim

account too long because it's going to

make you complacent and it's not going

to get you set up for success trading

the real markets trading real money with

real money on the line is much different

than trading with practice accounts and

a good way you can do this a lot faster

than just waiting for the market to set

up with real trades is something that

you've seen me doing throughout this

whole video which is this bar replay

button right here so what I like to do

is regardless of the system I'm trading

I can click on a random coin I can go

back say to where I don't even remember

like I'm not really looking at the chart

and I can just click in a random area

all right and once I've clicked in a

random area I can just be doing my

simple analysis right so you can be

following your strategy here you can

play this trade forward seeing what

would have happened so say we drew our

analysis here if I wanted to use my

position size calculator I can put my

entry here my take profit here my stop

loss outside here put $100 of risk hit

apply this will show me my quantity 3.5

so then I can go in here and type in 3.5

and hit sell all right so say we're up

$266 we take profit off of there okay so

now you take a screenshot of that so

then you go go over to your Journal you

put in the 266 over here and I designed

this so that this will auto update the

total for everything you also have a

trading stat sheet so you'll see on all

your Longs and all your shorts how

you're doing on each thing and then once

you have that proof concept like I said

you can head over into the exchange all

right and these principles are exactly

what we do in the private side of our

Discord Community okay we have people

mastering all these systems that me and

my team have put together all right and

we make sure that they keep their

framework focus on these principles you

can see crew with a nice TCL Max win I

need a Max win okay another really nice

win here Landon's absolutely crushing it

making wins left and right really really

high winning percentage okay four out of

four right here okay Connor says massive

shout out to the neit trade team in 10

short Days Seven trading days I've

officially doubled my trading account

thanks to the TCL Max system which is

one of our trading systems that we teach

so shout out to you Connor and shout out

to the inevit trade team for all the

system development we have so many crazy

things I mean this is just us scratching

the surface of the basics of trading

this is why I have a passion for trading

because you can get so deep it's so

interesting and if you master this

process then you quite literally can

create an income generating machine for

yourself where you can travel the world

you can live wherever you want you have

time location and income freedom and you

can scale your income to basically

however much you want okay if you're

still here and you found value in this

video make sure you hit the like button

subscribe to the channel if you like

trading and investing all right and you

want some no BS trading education all

right and if you had an epiphany moment

in this video where something really

really helped you let me know in the

comments it feels good to be able to

read that I'm helping people out and I'm

helping people learn along their trading

Journey but anyways guys that's really

all I have for today until next time

guys I will see you all in the next

video