Trading 101: What is a Day Trader?

[@metejaklukas1984]

This is the 3rd video I've watched on day trading and it finally makes total sense to me. He says it so simply, I don't know why other people make it so complicated.

[@claytrader]

Glad I could help!

[@DrOcKa20]

I agree. I've watched many and always end up still being confused at the end of it. Now i need to learn how to get started on this.

[@claytrader]

@@DrOcKa20 I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/

[@AvaMcDonald]

I love these trading 101 videos. They are very easy to understand for newbies like me! Thank you for making these, Clay.

[@claytrader]

You're welcome! Glad you're enjoying :-)

[@NRobert1]

let me see I'm new baby 🙏

[@pride4928]

Hey Ava it’s been 5 years since you watched this video, have you continued with trading and crypto? If so have you made it in life with crypto? If you didn’t continue with crypto why not?

[@noel7777noel]

@@claytrader Day trading is a nice way of putting a bank runner. Bank running. My bank calling me up one day and asking for the balance of my car loan back is impossible. But Stocks are not loaning money. Stocks are Ponzi Scheme. Ponzi Scheme's nickname is rob Peter to pay Paul. 50 winners and 50 losers. You trade to try to he the 50% winners. Buying stocks makes the stocks go up and selling stocks makes the stocks go down. Buying into a Ponzi Scheme makes the scheme go up. And selling the scheme makes the scheme go down. And try to be the winners of the scheme. You are not after customer's profits. You are not after bringing a new product to life. Just bank running.

[@claytrader]

@@pride4928 i would hope they've moved onto something better than crypto.

[@shaneross7428]

Thank you so much. I'm a crane operator and I usually just sit in my crane all day and only hoist something occasionally. I've decided to day trade because I'll be able to pay attention to fluctuations and hopefully choose right. This was my first video on the subject. I'm going to watch more of your videos. Thank you very much!

[@claytrader]

Thanks for watching!

[@The8Music8Guy]

How’s the day trading gone?

[@tee3138]

hey Shane, also wondering how the trading has come along

[@neur0184]

Shane I am also curious about how your day trading has been going

[@cptpowerpuff]

Update?

[@Fauxkerykes]

This video explained it better than the myriad of other videos I looked at so far .Thank you. It made sense.

[@claytrader]

Glad it was helpful!

[@haritashmalekani32]

couldn't agree more!

[@claytrader]

@@haritashmalekani32 🙂

[@DearApolloZ]

Hey clay thank you very much. I’ve had money sitting in investments but just let them sit there. Which hasn’t hurt me. At the same rate it’s not really helping me attain my goals. These videos have helped me learn more about the stock market than what I’ve learned or had explained to me in years. It’s very commendable that you share your knowledge. Knowledge can help lead to wisdom. Having info and then using that info. So thank you very much.

[@claytrader]

Glad they're helping!

[@TheStudioMouse]

these videos are awesome, I'm binge watching. I already trade but doesn't hurt to go back to the basics here and there. not sure what kind of people would dislike these videos

[@claytrader]

Thanks for watching!

[@zakariahassan123]

Hey man, how's your trading journey so far. I'm a newbie

[@collinherrmann7223]

started paper trading but this rly helped me fully understand thanks, was just confused on how people make hundreds off single trade but i get it now

[@claytrader]

Great!

[@irvingvasquez4052]

To be honest... You lost me on the last one. But from now on I'm a day trading people... It help so much. Thank you so much.

[@claytrader]

What was the last one?

[@irvingvasquez4052]

@@claytrader trading option when sales are going up by 5 percent.

[@claytrader]

@@irvingvasquez4052 I'm not sure what you are referring to. Can't say I remember much about this video.

[@irvingvasquez4052]

@@claytrader it's okay.... I've learn two things. That's what matters

[@claytrader]

@@irvingvasquez4052 cheers

[@gianthills]

so, basically you buy a stock at a low price and instead of holding you watch for it to go up a few cents and sell. so in theory if you do that with 100 other stocks, you make money for that day.

[@claytrader]

Right

[@sdy.deathcall9608]

​@claytrader who is it sold to to? Is it automatically sold or do you wait for buying each time?

[@khakipeach2128]

@@sdy.deathcall9608it’s sold to other buyers but is usually immediately filled, though depends on the liquidity

[@Itsgoodtobethechazz]

@@sdy.deathcall9608I believe its sold in the market where you bought it. Usually through stock trading services like trading 212 etc.

[@Jbepic-o4w]

Wow ,your a beast still new in the trading field but you broke the ice and made terminologies simple for me to understand.thanks big man ,big up !!

[@claytrader]

Glad it helped!

[@ayaan7569]

thanks this helped my knowledge. ive tried numerous videos but this was the only one where i understood.

[@claytrader]

Happy to help!

[@k4rlo456]

do day traders only trade in 1 stock in a day, or do they trade in like 2-3 stocks in a single day? And also: Does the day trader sell the stock at the end of the day, or does he leave it for the next day?

[@claytrader]

All of the above. Gotta just do whatever works for you.

[@JaWickLive]

Definitely the most helpful video I seen on this topic

[@claytrader]

Glad it was helpful!

[@fabianfreckleton8555]

Thank goodness finally understanding day trading. Thank you.

[@claytrader]

Glad it helped!

[@xAv0iDz]

By far the simplest explanation I’ve come across. Thank you

[@claytrader]

Glad it was helpful!

[@MrKamaboko]

how are naked options affected by HFT activity? I did a paper trade on NVDA and I saw it hit past my mark of 112 all the way down to 107, but on the weekly chart it shows the lowest price only hit 112.60 So what I'm asking is how would my naked 112 put have been affected by the few seconds/milliseconds that the price was at 107?

[@claytrader]

Not sure.

[@guusdendrijver]

Your explaination is so clear! Thank you, its my first video so far :)

[@claytrader]

Glad it was helpful!

[@jeffrenjr]

Simplified and very informative! Thanks a ton

[@claytrader]

Glad it was helpful!

[@mobamba9226]

Do yk what type of stocks you would invest in to day trade, because most big stocks only move a couple percentages

[@claytrader]

@@mobamba9226 These are the types of things I talk about with premium members, and if you're interested in "talking stocks/trading in general", you are more than welcome to join my private community - claytrader.com/team/

[@ghaffarsultan7943]

I understand a day trader likes trading that day but let's say they shorted but it went up 5%. could you hold the stock until the the end of the next trading day?

[@claytrader]

If you wanted to, yes.

[@TeeVee93]

Is it necessary to pay for classes to learn how to trade? What kinds of things would a teacher teach me that I can't learn by just diving in and learning as I go? I'm asking because I learn better by doing.

[@claytrader]

Give this a watch, it's how I learned - claytrader.com/videos/how-and-where-i-learned-how-to-trade/

[@TeeVee93]

ClayTrader​ Thanks! Do you also have any tips on how to select a teacher?

[@claytrader]

I offer training courses. If you like my free stuff here on KZbin, you'll like my premium courses - claytrader.com/training/

[@donnygomez4547]

Helped me understand more on this subject im 19yrs old i play baseball and cant worka job so trying to find ways to make money through the phone appreciate the information

[@claytrader]

Happy to help!

[@jazzyjay9059]

Thank you. Very specific and helpful

[@claytrader]

Glad it was helpful!

[@gaiusramon]

Invaluable lesson.Thank you for sharing!

[@claytrader]

My pleasure!

[@ArmedTheAsians]

Straight to the point, thank you!

[@claytrader]

Cheers!

[@beaujamo]

Are you not gonna lose money from all those transaction fees? What tools or platform do you use?

[@claytrader]

No. Platforms like this don't have fees: a.webull.com/i/ClayTrader

[@SuperNovaHorizon]

Wow. I never started doing any day trading. But I kinda knew how it works before I watched this video because I wanted to learn more but...the only thing that stumped me was the shorting part. Gotta be very careful and pay attention . I mean if it gonna take 5 redbull a day and a family size ranch Doritos than so be it.

[@claytrader]

Here ya go: claytrader.com/videos/how-do-you-make-money-shorting-a-stock-ill-try-to-explain/

[@naeemahmed7880]

Thank you for such a simple way to explain the day trading. I am planning to start trading and it will surely help me.

[@claytrader]

Glad to hear that!

[@intelkek7655]

Do you have a video explaining the "Stop Limit, Limit, etc"?

[@claytrader]

Here ya go - claytrader.com/videos/trading-101-buy-stocks/

[@armandoamezcua2048]

What platform is best for day trading?

[@claytrader]

This - claytrader.com/takeprofit

[@lauralema23]

@ClayTrader do you have any information for people outside the US who are looking to day trading?

[@claytrader]

Information in regards to what?

[@lauralema23]

@@claytrader how to day trade as a foreigner? What accounts can be opened? Taxes entailed? Best broker?

[@claytrader]

I'd start with Interactive Brokers.

[@lauralema23]

@@claytrader ok. Thank you

[@TreyG-gy5mz]

Thanks man this really helped me.

[@claytrader]

Glad it helped

[@ezanahabtamu2401]

Really good explanation! Thank you sir!!!

[@claytrader]

Glad it was helpful!

[@jakespivey3716]

Okay, it's a sort of micro trading, next question, what do traders base their buy/sell strategies?

[@claytrader]

They base it on whatever they believe offers the best risk/reward opportunity.

[@kneepp9527]

@@claytraderwhat are things to look out for (a green flag for a high risk high reward)

[@Jess-tj7ve]

Clay I have a question I have 5 dollars and just get started can I say trade with that just to learn ? How much mine do I need

[@claytrader]

Do "demo trading" (no real money needed). Use this: a.webull.com/i/ClayTrader

[@mermaidengine]

Hi Clay what kind of capital do people invest as a day trader? I know the amount can vary, But it seems like you would need quite a large Capital, as well as knowing what you’re doing in order to make money as a day trader.

[@claytrader]

With leverage, you don't need that much of your "own money".

[@ThatDudeFlex1]

To actually day trade without being deemed under a T1 or T2 you would need a minimum of 25k I believe you may want to double check the actual number but I believe it to be 25,000

[@redbeard369]

I was confused with the last example of the day when AAPL went up, if a day trader bought low and sold when the market when up how wouldn't they make money? As you said they would've lost.

[@claytrader]

Did they buy or "go short"? I can't quite remember what I said in example.

[@Hardheadzay08]

Thanks bro I put down my blunt today and said I wanna learn some new then I seen some college kids on TikTok day trading make me even more into it then I end up find you to learn some more and I did now let me keep going shiid who know i might actually do this shxt fr 😂😂😂

[@claytrader]

I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/

[@Andyesp0]

bro whatttt. I genuinely just did the same thing 😭😭 needa put the blunt down and stack money. Once i have the money i’ll be smoking a blunt outa my penthouse 😮‍💨

[@claytrader]

@@Andyesp0 get to work!

[@andrewfulea4718]

A little confused with the 5% example, didn;t the trader buy low and sell high? or did I understand that wrong?

[@claytrader]

I'm not sure what you mean.

[@ChaseKayzer]

Okay, this is a random question. Assuming I don't know anything about day trading and i'm just a average person how hard do you honestly think it is to teach myself how to day trade and to be successful at it? Every persons different but im curious what your opinion is on how hard it would be to learn to be good at it.

[@claytrader]

Give this a watch - claytrader.com/videos/how-and-where-i-learned-how-to-trade/

[@Sarai_Anna_bornagain]

@@claytraderI am the average person learning through your videos. TY for making these!

[@claytrader]

@@Sarai_Anna_bornagain and thank you for watching!

[@Redmow51]

Ok. I see the day trading and understand it. But, how about being a multi-day trader. Maybe in weeks. Watching the stocks go up and looking at the history, I could then buy low and sell low...though the selling point would be up compared to where I started.

[@claytrader]

What you are describing (I think) is called "swing trading".

[@gernex3923]

perfect explaining

[@claytrader]

Glad it was helpful!

[@anthonybenton6918]

What’s a good website to day trade? Looking to start

[@claytrader]

What did you want to "day trade"? Stocks, options, futures, crypto?

[@khakipeach2128]

Trade futures, it’s better than all of the other options

[@claytrader]

@@khakipeach2128 i agree

[@sameerachoonara6910]

Brilliant explanation, thank you!

[@claytrader]

Glad it was helpful!

[@sihlemasondo2898]

Very good content thank u

[@claytrader]

Cheers

[@brandoncowo5194]

What app do we do trading on?

[@claytrader]

You could use this: claytrader.com/videos/the-stock-trading-platform-for-traders-on-a-budget-best-app/

[@Freemasontate]

Thank you. Very helpful.

[@claytrader]

Glad it was helpful!

[@FrankieBagz]

I still don't understand on the last one where it was up 5% and you said something about I went short and losing money, what I'm not understanding is the stocks are still going up and down throughout the day so how come you can't buy at a low price and sell at a high price I'm just not understanding that Even though the price of the stock went up at the end of the day they were still peaks up and down during the day im new

[@claytrader]

Sorry, I'm not quite sure what you're asking.

[@mgtowproperties]

Thanks for posting that was nice and simple and direct to the point New subscriber

[@claytrader]

Happy to help!

[@mgtowproperties]

@@claytrader Much appreciated brother I’m gonna do a little bit of homework On this and I’ll start small basically penny stocks since I’m new to this

[@claytrader]

I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/

[@rhysmason7430]

Ok but what do you do with the stocks besides buying and selling it?

[@claytrader]

I'm not sure what you mean.

[@carlosportillo4596]

I’m new to this if it works I’ll let y’all know because life is rough ,tired of seeing life go by when you don’t make enough hopefully this helps out 🤞🏽

[@claytrader]

Cheers

[@rudycruz0112]

Great video! Adds real good value. 👍

[@claytrader]

Glad it was helpful!

[@kiinggskouch1652]

I like how you explained that I tried another video didn't do it this well. I'm new to stocks and heard day trading in another video I said what's that. Thanks bro very helpful I'm subbing

[@claytrader]

Glad it was helpful!

[@user-pd9fe1vx3i]

Thankyou!

[@claytrader]

You're welcome!

[@np2679]

Great Video! Thank you

[@claytrader]

Glad you liked it!

[@spooderman1633]

Isn’t there like a limit on how much you can trade per week.?

[@claytrader]

No, not if you have $25,000 OR you could do this: claytrader.com/videos/how-to-get-started-day-trading-with-only-100-and-zero-pdt-rule/

[@maureenbennett809]

Great content!😀

[@claytrader]

Thanks!

[@chanieljosefa]

Perfect Man.

[@claytrader]

Happy to help!

[@TheBullOfLewisham]

Thank you 👍

[@claytrader]

You are welcome

[@TheBullOfLewisham]

@@claytrader Thank You. 👍🇺🇸.

[@claytrader]

@@TheBullOfLewisham you're welcome!

[@91352vato]

How many times can a person buy/sell per day/week…? Thnxz

[@claytrader]

Depends on what market they're trading.

[@mrfinancialcoach3116]

damn....awesome mate, thanks

[@claytrader]

You're welcome!

[@ChronicHypocrite]

Wait so what's the deference between a day trade and a regular trade?

[@claytrader]

The time in which it is done.

[@ChronicHypocrite]

@@claytrader so it's not a day trade if it happens in a larger time frame right. Thanks my man 😁 👍

[@claytrader]

@@ChronicHypocrite right... day traders are looking to buy AND sell within the same day.

[@NasirAli-ds4zf]

Great video

[@claytrader]

Thanks!

[@rk4l497]

Thx

[@claytrader]

No problem

[@ryushogun9890]

I'm confused where do I even find these numbers of trading. No one teaches that apparently. Plus I'm trying to understand how you can enter a day trading where you're not betting but you can put your money to work on something you trust. I imagine i'd be hard to see investments going down for a small company, but I don't know how small these are in the investment universe, like a bakery for example.

[@claytrader]

"these numbers of trading".... I don't know what you mean by that.

[@ryushogun9890]

@@claytrader the graphics and such.

[@claytrader]

@@ryushogun9890 this might help claytrader.com/videos/day-trading-for-beginners-my-online-trade-platform-explained-in-detail/

[@coelhocointech9841]

Any trading system will work if you manage risk, capital and sizing. Put in 10 trades a day than manage those 10 trades

[@claytrader]

Yup. Manage risk!

[@rchwha]

Is day trading more suited to stocks and shares as opposed to forex?

[@claytrader]

Nope!

[@beatricemaria3719]

The thing i dont understand is what are we trading, are we tarding money ?

[@claytrader]

That depends which market you're in. If you're in the stock market, you're trading "stocks", for example.

[@lqvegallery2605]

@@claytraderwhat are stocks?

[@claytrader]

@@lqvegallery2605 ownership in a company.

[@ImHim-pk9ih]

How dose is end If day trading is for 24 hours?

[@claytrader]

Because the marketplace closes from time to time.

[@cryptotab]

What is traded in a day trading sir

[@claytrader]

I don't understand the question.

[@HarpKoupenov]

@@claytraderwhat is being traded is what they are asking

[@claytrader]

@@HarpKoupenov stock, options, crypto, futures, forex... lots of things can be traded.

[@AttitudeLamborghini]

Nice Video ❤❤

[@claytrader]

Thanks 🔥

[@Keepitfunkyfresh]

Watch on 1.25

[@claytrader]

Nah.

[@stety8585]

Thank you for this layman's term for me! ❤

[@claytrader]

No problem 😊

[@realgivans683]

How do people lose money when prices go up ?

[@claytrader]

This will explain: claytrader.com/videos/how-do-you-make-money-shorting-a-stock-ill-try-to-explain/

[@WRJ1993]

what program do you use to trade stocks?

[@claytrader]

Answer to that and more: claytrader.com/resources/

[@misterlauu]

You've got a link for everything haha

[@misterlauu]

Give me a link to how to get a girlfriend?

[@claytrader]

Can you tell I've been asked lots of questions over and over again? I like to save time, so I create links :-)

[@claytrader]

You actually just gave me an idea... lol...

[@blissfitness706]

What is equity ?

[@claytrader]

claytrader.com/blogs/trading-101/

[@itumelengmohau5854]

The Motivation you got is from your friends

[@claytrader]

Cheers

[@blissfitness706]

I didn't understand your "Shorting" video. Could you please make another one on the same to understand !!!!

[@claytrader]

What didn't you understand?

[@blissfitness706]

ClayTrader about "Shorting". What is actually is???

[@claytrader]

I explain that in detail here - claytrader.com/videos/shorting-going-short/

[@arielbourgeat6231]

My guy u deserve way more views and subs I took a 8 hour course on daytrading and didn’t understood a thing but saw this 8min video and now I wanna get more into it thanks mate 🫡

[@claytrader]

I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/

[@ndivhuwo137]

The news paper joke😂😂😂

[@claytrader]

:-)

[@dsmyo]

So basically, I look at stocks, but at its lowest, sell at its highest and repeat?

[@dsmyo]

Buy*

[@claytrader]

Right. Easier said than done.

[@stanislav2483]

Nice

[@claytrader]

Thanks

[@khshkhshkhsh]

What online brokerage is good for day trading with the least amount of fee?

[@claytrader]

Give this a look - claytrader.com/blog/best-online-stock-broker/

[@apriljohnson7899]

❤

[@claytrader]

:-)

[@diothepoet7311]

Very interesting, I glad I kinda figured it out myself ❤️❤️, thanks buddy

[@claytrader]

Glad to help

[@BJJandBS]

New subscriber. What are your credentials? Who do you work for and how is your portfolio?

[@claytrader]

No credentials. Just an average dude who likes to teach about the markets. I work for myself. I"m happy with my portfolio. Welcome to the channel.

[@shimi4746]

1.75x 👌

[@claytrader]

Cheers

[@Pel_Ayo]

Is trading really worth trying? I’m so tired of being a 9-5 slave I just want time with my family

[@claytrader]

Yes, it is worth trying!

[@cheesegrader3414]

17 years old 300 to freely spend no computer what’s the next move

[@claytrader]

Get more than 300

[@Angieb-mc5vp]

Do you have video about how much is needed to start trading? @claytrader

[@claytrader]

@@Angieb-mc5vp watch this: claytrader.com/videos/the-100-rule-how-much-money-for-trading/

[@khakipeach2128]

Paper trade then spend $50 on a funded account once you’re ready

[@gr8fu123]

I have someone helping me with swing trade strategies but my goal is 25k by the end of 2019 for day trading

[@claytrader]

Why haven't you joined our community yet?

[@gr8fu123]

@@claytrader I dropped everything I had to spare in robinhood before I found your content lol

[@gr8fu123]

@@claytrader give me 2 weeks I'll be there

[@claytrader]

Roger that.

[@LucasOliveira-yt7sz]

Im 11 y and making money with traiding

[@claytrader]

Great!

[@O.O215]

which app ?

[@LucasOliveira-yt7sz]

@@O.O215 trading212 and if u eant other with fake money

[@O.O215]

@@LucasOliveira-yt7sz OK ty

[@apriljohnson7899]

#Without Emotion

[@claytrader]

:-)

[@zig8925]

Someone wins and loses at every single rise and fall. Otherwise nobody would make anything

[@claytrader]

Yup, it's the ultimate game.

[@primozlokosek5006]

What is your role in society as a day trader? Is your work essential for other people like a job of a medical doctor, mechanic, electrician, ...? What is your contribution to a better life for the whole of humankind? Are traders a necessity for a better world like scientists are?

[@claytrader]

I answer that here: claytrader.com/videos/moral-problem-trading-stock-market/

[@primozlokosek5006]

@@claytrader Good for granny! What do you think about this example? You hear about the severe drought in America/Russia which will kills a lot of crops. So as a trader you speculate that wheat will go up and buy it cheaply. The price goes much higher because of traders and then you sell at a higher price. Basically, you just earned money by making food expensive for other people.

[@claytrader]

@@primozlokosek5006 but if that trader is wrong, and prices keep falling (because it's not "cheap enough"... that trader will eventually be forced to sell... which will cause prices to go even further down)... so in that situation, the trader is helping to make food prices lower.... you are operating under the assumption that traders just do whatever they want with no consequences...

[@primozlokosek5006]

​@@claytrader Usually, the drought destroys the food and the price of food goes up if it is scarce - basic economics. On which principles would the price go down? The same is happening now, there is a shortage of chips, new cars are delayed and the price went up. I am sorry that out of so many traders you have to answer these questions. Thank you for your time!

[@claytrader]

@@primozlokosek5006 if you think the futures market follows the exact rules of economics, that would make trading way too easy... I promise you, trading is NOT easy.

[@shitobi9782]

Can you do BabyPepe 🐸🍼

[@claytrader]

What's that?

[@TheRebelMonks]

So simple a caveman like me can understand it.

[@claytrader]

:-)

[@hegodamask4887]

Dude all you had to do was explain the definition and get some illustrations like khan academy the production quality sucks it’s you in front of a whiteboard boring af. Terrible editing. That’s just my observation without any emotion that is.

[@claytrader]

Thanks for the feedback. I gotta "go with the crowd" though, and as of the time of this comment.... 231 thumbs up, 4 thumbs down.... so again, thanks for your feedback, but you are well within the minority opinion. Cheers (with emotion).

[@lunagregoria8827]

At the time of this post, the KZbin channel has 555k subscribers. The angel number 555 represents transition, freedom and adventure. 🧳

[@claytrader]

Interesting