trade

How To Make $500+ a Day Trading Stocks ...Stock Market For Beginners 2020

good morning what's good YouTube guys

it's another day it's another dollar so

today we're gonna go through a love

trade obsession guys this video is not

to be missed because I'm gonna break it

down for you guys and basically show you

how I picked this stock the reason why I

enter etc etc and you're gonna see the

drive trade happen so today we're gonna

go through it and this video is not to

be missed

so preparation is needed these palm

trees and all some of us are living in

the snow today it's winter well here's

not really that wintery but this is the

setup guys as you all know simple laptop

so today guys we're gonna break it down

step by step I know you guys enjoy these

kind of videos where you get to see me

trade live in the stock market I'm also

going to show you my discord chat and

show you their results for today because

we're gonna be trading the same stocks

based on the same strategy that I've

been teaching you guys on this channel

now guys this is the discord chat we

call it the monopoly family because

everybody shares the same thoughts and

beliefs here especially at 8:30 a.m.

we're all analyzing the stocks as we're

doing someone's still asleep because

they're in the united states the ones

who are awake and now from europe but

we're waiting for the US stock market to

open because that's where the volatility

is and we're also watching the stocks

that have released this the news so we

still have plenty of time guys

and now we're gonna have to go so i'm

gonna have to pause this and when it

comes to time to trade it i will analyze

it with you guys and at the end i will

sit down and answer some of the common

questions you guys asked the common ones

that i've keep repeating myself on but

again there's no harm done i will still

tell you guys what you need when it

comes to trading and like I said a

simple laptop is all you need fast with

executions that's not laggy nothing else

right so what strategy one stock one

trade that's today we've got 10 minutes

to market opening at the moment I just

loaded up the stock called Under Armour

Under Armour just released an early

report and ticked all the boxes that we

look for every single day on my chat

room so remember one trade a day that's

all we focus on is one stock one trade

one stock one trade I mean you can make

two trades a day if you want to but one

trade a day on one stock is all I look

for because I'm not a robot I cannot

focus on multiple stocks I need to see

the price movements and put my full

focus into the stock every single day

how many people use all these big

screens to have all these tickers but

when the market opens you probably don't

know which stuff to go for so let's just

go right into it guys and go through

this checklist real quick number what

fund the stock with the news because the

news will give you volatility on the day

analyze the news this will give you a

direction of where the stock is heading

ask the question how will the investor

react that backs up this direction base

your trade and one of the four partners

under monopoly Chapman so I gave you

guys four patterns that come up time and

time again with burnings powers are just

behaviors that occur time and time again

every single day in a single stock what

direction will the stock end up in we

talked about that support the resistance

and have to ask you a question where is

the support where is the resistance and

that's simple anybody can do that and

then wait for a pullback and execute

your trade again the pullback is

something that we have to focus on but

many people have this formal you know

fear of missing out so they ended up

executing their trade quickly so I

already shared my game plan with the

chatroom as you can see this is the

monopoly chatroom and hopefully this

chat Iran gets to do well and gets to

kill it so let me pause this let me stop

talking and let's get right into it guys

let's make this trade okay guys so Mike

it just opened literally two seconds ago

I still haven't entered a position but

I'm waiting for the pullback as you can

see the stock doesn't want to pull back

but I will be going in with a thousand

shares on the stock here is the pullback

happening now watch this price I need

you guys to watch this price especially

if you have this course because that's

when my entry is gonna be right there

that's what my entry happened right

right there so 150 dollars hun $200

here's to $7,300 real quick guys I

haven't paused anything it's happening

as we're talking now I could have taken

this profit and went again but I believe

in the big drop there's more sellers

than buyers and you can see it in the

price movement so I just took profits

but I'm going again on the second pull

back if it shows I execute it and cover

it 500 shares but it's not that

complicated I could have just held on to

it so here's the pullback and my entry

is going in again once it breaks 18 all

right I'll go again here's the pullback

guys 34

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all right probably too early to this

position goes shorten again so we're

short again here we are once again $200

there's always a pullback after every

spark deserves a pullback 350 I want you

guys to look at the price movement the

price tells you where it wants to go now

in this case I'm right right that's all

I need is to be right so here's $500

guys and time to walk away with the

money

$600

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frier I'm at here's $500 guys so the

total for today was here is 2000 profit

so far from the chat room so the chat

room is already killing it 74 dollars

two thousand dollars seventy eight so

for me it was six hundred on that short

position now here's the pullback but I

won't risk it this stock doesn't want to

play by my rules I'm not gonna play I'm

not gonna play around with it so

literally five minutes guys

in this trade here's the chat now this

is where we get to share our profits

five minutes in to market opening

literally the recorder has been gone for

four minutes so as soon as I started it

you know it kept going so $600 on this

trade so guys the chatroom so far is

doing well there's more people type in

but I just want to show you the progress

for today we had mixed results for today

guys but majority of it is profits

profits profits obviously some people

trading with large capital some people

with small capital and that's reflecting

their profits here so people take

smaller positions whichever you're

comfortable with at the end of the day

yeah what is this reserve monopoly the

Conor McGregor of trade I appreciate all

that but I appreciate it when you guys

are killing it and here's the grind

it's funny when your students do better

than you but yeah Green is green that's

all that matters Green is green guys and

as you've seen this stock done exactly

what we wanted it to do as predicted

before market open and basically we took

the 20 30 cents just like I said in this

chat line I said I told you guys I was

gonna take twenty thirty cents so with

that being said hopefully you learned a

thing or two hopefully you go file you

if you did smashing smashing if you're

not making profits consistently then you

need to go back to square one education

paper trade and practice to build up

your confidence to build up your

knowledge

and that's what mine is at the end of

the day so making money here and there

isn't good enough you have to understand

why you're trading while you're making

money in the stock market because you

will have to use it again and remember

after every spike there's a pullback

after every pullback there's always a

spike and that's just the way the stock

market works nothing stays the same and

that's why I take my profit quickly I

don't wait for whatever you know a

specific figure and when people ask me

how much money I need to start to start

trading I always say start with five

hundred two thousand with money that

you're willing to lose because emotions

is a huge role plays a huge role in

trading and the fear of losing money

will always hold you back when it comes

to pulling the trigger or taking profits

from the stock market right so go in

with money you don't need literally say

to yourself I don't care about this

money not that you're gonna lose it but

because you know you're gonna detach

yourself emotionally from that money and

that's what matters at the end of the

day I look if you're willing to use

leverage then you can go ahead and use

leverage everybody can use leverage that

means if you have five hundred you can

make it into two thousand five hundred

using leverage yes it is risky you could

lose all the five hundred if you end up

losing the on leverage but again that's

just the stock market and the way it

goes we come to term with these things

so I'll see you again for more videos

guys appreciate you for watching smash

that like if you made this far if you

have anything to say put it in the

comments section otherwise I'll see you

guys on the chatroom if you decide to

join