Building Your Trading Account - Intermediate Series Lesson 2 of 8

Intermediate Series - Learn to trade
Stock Trading Course - Day trading
Building Your Trading Account
If you’d like to understand more momentum day trading strategies and trade with us LIVE in chat every day please visit www.investorsunderground.com/
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[@chrisconti7916]

Wow, I have been trading and losing money for 9 mos. one day up-two days down, two days up-three days down even though I spend 10-12 hours per day learning all I can about trading and preparing for the upcoming trading session - This is the first video that explains the psychology of trading and not only what is going through my mind during trades but what is causing price action and what is going through the minds of other traders - I knew stuff like this had to be out there! "You don't know what you don't know". Really nice job, nicely laid out and explained well. I subscribed after hearing this video, I can't thank you enough.

[@c.p8966]

Great video. Thanks!

[@jailynnsovereign5277]

Easily my favorite piece of content you've put out so far. Great practical tips for those who are getting a handle on the technical aspects of trading yet are still experiencing growing pains. Thanks ever so.

[@hakeemkazni4241]

One of the best videos I've ever seen on trading. Really informational and educational.

[@lauraim9]

Thank you

[@willdoit6435]

Always enjoy listening to your training. Keep up the good work. Truly appreciate the sincerity of the content.

[@jeffsnay7053]

Thank you for all the work Nate and you have put into these lessons. Trying to learn day/swing trading, and your videos have helped a lot. Since right now, i can't really afford to join IU, I am very thankful for the free content you offer.

[@kaizenborntowin]

Long Setups: Morning VWAP bounce ABCD Breakout setup Phenomenal setups! :)

[@Hari.sabareesan]

whats the VWAP morning bounce? can you explain it to me please

[@mike-duran]

Always high-quality content. Thanks Cam & Nate!

[@jwil710]

Thanks for all the content. So much value found in your video lessons!!! Much appreciated

[@phillipmean2620]

Great Content. Looking forward to the next one.

[@kaizenborntowin]

Very solid information! Keep up the phenomenal work! :)

[@johnnywalker9254]

Lets make sure we all give a like for every course this channel provide for us to get ahead start. I just watched all the 8 beginner lesson and i can't thank you enough for giving back your knowledge for free to anyone to use.

[@aankorai492]

Thanks, guys!

[@adrianzagaeski4154]

Love your ending statement! I really am grateful that I'm as interested as I am in this subject and I'm blown away that more people aren't watching these videos. They are incredible! Thank you again for all the work you've put into these!!! Happy Trading!

[@wulphstein]

Thank you for your shining knowledge.

[@Shane-zk2pn]

Great video guys! I also watched the beginner series videos. Cam I sent you an email about the paid courses. Look forward to hearing back from you!

[@jackyip5898]

Cam and Nate you guys are awesome. I've been following you guys since I first started trading 6 years ago. Went through all the growing pains of subscribing to cheap services and learning the wrong things and finally started trading again this year when I'm in a better financial situation. Watching your videos all over again and picking up new insights the apply to my trading. I look forward to joining IU in the near future. Thanks to a lot of your suggestions, I've been finding consistent success by setting realistic expectations and focusing more on performing the right actions rather than looking at the P&L. Surprisingly I'm beginning to find more success as I've focused less on the wins and losses and focused more on being discipline and locating the right set ups.

[@sesmcawameqi]

Thank you so much and hopefully the next one comes out very soon

[@scottsuggs3]

The content you guys are putting out is UNMATCHED! This is the most valuable content you will find on trading on KZbin... and it’s FREE! I’m convinced enough that I just became a new member. Thank you guys so much for putting this stuff out. Tremendous help!

[@angelguivas3896]

This was definitely helpful. Definitely gave me an idea where to start. Just one question I hear you guys saying testing allot on your videos. What do you mean by that? Thanks Cam and Nate.

[@vanlam5198]

I bought the course but still want to listen to anything from investors underground.

[@shift4533]

Hello Van, How did you like the course? Do you believe it helped you grow as a trader? Thanks.

[@TheShadow_850]

I believe the best for newbies to give them a channel how you can see ur setups VS mirror pro traders....

[@adamlake9507]

thanks again for the great share guys, I'm reallly looking forward to joining the IU community!

[@TJ_Undercover_Millionaire]

Good Lesson ★

[@phamt78]

Does Investors Underground provide any discount codes?

[@user-lq9mw1sb8d]

This is incredible, thank you!

[@zurbers8579]

When is the next lesson coming out?

[@StevoTheAce71]

I'm curious as well

[@zurbers8579]

@@StevoTheAce71 yeah it was supposed to be like every two weeks lol

[@StevoTheAce71]

@@zurbers8579 😂 yeah ik, I'm gonna email cam this evening after work I really hope dont they don't stop it the content is legit I'm trying to save enough to afford the membership etc but this will def be helpful for now if can get the ball rolling

[@TheGasTap]

Finally! :) Thank you so much for what you guys do!

[@seanjezerful]

When is episode 3 coming out?

[@investorsunderground]

we're working on it - likely by mid dec . . we're also working on some lessons that are not currently featured on the youtube channel, ping me an email [e-mail] and I'll send them thru

[@seanjezerful]

@@investorsunderground Thanks mate. I sent you an email, Looking forward to those lessons. Your videos are very helpful and informative. Thanks for sharing your knowledge with us newbies.

[@adriandoe1090]

3 replays and notes! Thanks as always!

[@oktaygedik2463]

Awesome job guys.

[@jeanettedicarlo5881]

It takes money to make money, never a better example!

[@harrygordon7865]

Can a small investor avoid the PDT Rule by using a cash acct vs a margin acct.

[@stephaniethompson4103]

Can't wait for lesson 3. Thanks guys!

[@nate1adco292]

I dont see an option on CenterPoint for opening an account with 10k

[@johntessier7064]

The PDT rule that only applies to when you short right

[@sheymusic5863]

No, it applies to all intra-day trades. If you buy and sell the same asset in the same trading day, that counts as 1 day trade. If you exceed 3 in a 5 day period (not weekly, if you do 3 day trades on wednesday, you can't do another until next wednesday). If you break the rule you risk having your broker suspend you from day trading for 90 days. The only way around this is to either have $25k in your account at the close of the previous day, using a prop broker (basically pools money of users to circumnavigate the PDT rule, make sure to see their terms because some have pretty invasive data/account access requirements). Last option is to find an non-US broker who isn't bound by PDT rules, but at your own risk of course.

[@rolandparks4318]

great video ..

[@alainduchesne9750]

Glad you didn’t talk about the 500$ account. 😉

[@favouriwueke8082]

true 😂

[@nate1adco292]

I contacted CP. They sent me the link for CP Lite which is where you can open for 10k. But, the account only has access to DAS Trader. Not the PRO version. Do you think its worth it to open with them without the PRO version access? You guys highly recommend in one of your videos that we go with the PRO version of whichever platform we choose.

[@Torack]

I thought that the pdt rule only applied to margin accounts not cash accounts. Can someone shed light on this subject? Thanks in advance.

[@abhadevi2158]

Sir what about 3rd video

[@John-sn4hl]

Is lesson 3 out yet?

[@mikom7887]

Is there part 3?

[@mwtrades8661]

Sounds so similar to poker... After 10 years career as an online poker player Im going to give a shot in trading. I think this is the direction with more value and possibilities in future.

[@Brainrot-x3]

I have watched a lot of stock training videos... Sykes, Warrior trading, Humbled Trader, Tru Traders, Bull Bear Traders, you name it. How do these guys only have 146K subs?????? This content is so dialed in. Straight forward. Prioritized. Love it.

[@ALoFSa]

I dont understand the low fade and why its a good thing. Didnt go much into depth with it

[@t_tymetrader4129]

What a gift!!! Thanks for the content.

[@raulnietotena880]

EXCELLENT INFORMATION! THANK YOU GUYS!

[@SuperBartles]

By the way, my online broker app only has Weighted Moving Average - no doubt VWAP is better, but WMA seems to do a similar job - to a beginner-ish trader. I guess some people prefer boring old EMAs too

[@robertt8862]

Great video as always- thanks for ALL your help and guidance! Is anyone on here based in the UK and using a non-US broker? Because I use IG (mostly paper trading but I do trade the news sometimes with a free broker) but I pay $15 or 2 cents per share (which ever is more) per trade! For US stock CFDs that is, and £10 for UK stock CFDs. So I'm $30 down from the get go - and that's not even taking the 0.5% currency conversion charge into account. I guess maybe if I upgraded to a pro account with another broker the commission would be a lot less but I only have 2k to trade with right now so the pro accounts are not really feasible for me. Any thoughts anyone? Cheers, Rob

[@raulnietotena880]

Wow content guys! Is highly appreciated.

[@markm2053]

Awesome content!!! 👍

[@Jollynescoo]

"Are you a fish or a shark?"

[@mygreens94]

DUDE i wished i heard this sooner have your broker restrict your buying power..... we will come back

[@rexwaly4411]

I trade stocks on my phone and I actually make money😂

[@natarajant3178]

It's not training..It's looking like story.no logic training people to become trader

[@vanlam5198]

Thank you