Day Trading Results for 2023

Another year of trading is over, here are my results for 2023. Wishing for a great year of trading in 2024 for us all 🙏
You can also connect with me on:
Instagram: @jamesrichyoung
Disclaimer: All information presented in this video and channel is for educational purposes only. Nothing is intended to be financial advice.

[@FortMalik]

So I have been reading books and watching trading videos to improve my techniques but I’m still encountering reoccurring trading errors,i need a proper understanding of how to execute trades. Please help!

[@olisaclaire5818]

Knowledge is your asset. Learning how to analyze, read and execute trades would improve your techniques as a trader but you need the help of a trading expert to properly gauge the market and execute trades.

[@treymiller-wf5yo]

I’m guessing you execute trades by accepting the natural spread that the market provides without realizing that market makers will accept limit orders that can get you additional values

[@emmapearson987]

Understanding the right way to execute trades can increase potential results and limit overall trading risk.

[@kimsmarcus3834]

I have been searching for the key knowledge of how to perfectly execute trades too, I’m still a newbie so I’m open to any available trading strategy.

[@AlexGaga-lo9eo]

It’s best you consult a trading specialist if you want accurate results when executing a trade,same thing happened to me when I first started trading but I was able to secure my financial spot because I had guidance from trading ex pert Brad.

[@ListogreOfficial]

First of all congrats on your strong year! Secondly, please do more educational videos for example, deep dives into your four candlestick patterns using real market data (and dealing with market noise), how to plan/predict market movements from catalyst events (like fed announcements and looking at SPY), lessons on how to develop intuition in predicting which direction a stock will move etc. You have made amazing content already, but we will learn a lot if you do more technical analysis videos for beginner to intermediate traders. There is a huge shortage on youtube on actual training videos for aspiring traders from daytraders who are actually successful.

[@yenchung8471]

Congratulations James! You're my inspiring person when it comes to trading. Your channel is about trading moments with real profit/loss numbers from TOS and E-Trade logged in screens. One of the most standing out things about you is you DO NOT sell course nor do marketing on KZbin to mainly sell course instead of actually trading. A lot of traders from KZbin make videos just to sell course but cannot show their YTD Profit/Loss. Shake my head. Thanks James for being true, being pure and awesome! You're a rare gem!

[@koonsickgreen6272]

Yes. A no BS trader on yt. You rock James. 새해 복 많이 받으세요.

[@mo938]

pretty sweet you're so open/transparent. Congrats on your year and thanks for sharing!

[@danlikespez1]

Thank you James for your transparency! This is so rare on KZbin.

[@themikwebber]

Dude, idk what it is about you but just seem like the most down to earth dude. Keep killin it

[@hellowill]

everything is like this until it gets too popular

[@FuturesChue]

Thank you for being so transparent. You truly make me feel like this is achievable and it gives me hope. Happy trading 2024. Will continue to follow behind.

[@ivarlast2966]

Huge respect for you and what you teach us daily. Your videos have helped me grow tremendously and also special thanks to Larysa Caba she has been of tremendous help to me through my journey too.

[@dominicleong4385]

I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.

[@annddyyy-6920]

I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.

[@leticiaenraz8514]

I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.

[@fredrickalfarez6875]

How can I know more?

[@jasperflontes4289]

How do I know more?

[@MH-lk2mm]

Respect for showing your yearly P&L… something these “gurus” who claim to be traders but are just marketers don’t do

[@user-nt4gl3hk5l]

Youre risk management and PL ratio is exceptional. I hope you can size up your risk soon and be able to perform the same disiciple and risk management. I feel like youre underestimating your potential.

[@johnknox4293]

Thanks James...you don't have to prove to us what you made...but it's nice to see it all the same....slower trading year indeed...hopefully 2024 is gonna be the best

[@heinz20]

Awesome video and incredible stats. Great to see your highest losing day was so low relative to your risk per trade. Do you have a community? Would love to learn from you beyond all the great stuff you share here

[@HtopSkills]

Great Job! I'm definitely considering sharing my day trading recap also.

[@nokia5779]

Tq for sharing. It keeps me motivated to someday be like you.

[@coralsaranga369]

Thank you for this kind of video! I'm gonna start Day Trading soon - will do demo first :) wish to be in a good place by the end of 2024 god bless😇

[@couloir1]

Congrats on another great year. Hope for even more in 2024.

[@blessingm7530]

I'm always mind blown by how consistently profitable you are.......what are you doing that others aren't .....clean smooth equity curve

[@curtis12331]

Great job brother! Love to see this kind of content.. Your not doing this for the viewer you are doing it for you. Started my trading journey 8 months ago. Started live trading in October 2023. One of the best things I have learned is to document everything . I do the same with excel and added charts and all kinds of visuals to make my path clear for all to see. ( especially myself)

[@SoyoCreations]

just came across your channel, really loving this . can feel the honesty

[@bradtrades]

Appreciate the honesty and transparency. Enjoy your success! 😀

[@river-runner]

Terrific videos. I appreciate your openness and explanations (and broken mouse story). Thank you for all of your work.

[@mehmettalhazcn]

Thanks for the realistic results you gave me motivation cuz ı thought my process was small now I understand it more

[@azaadkamal6188]

Congratulations!! Keep up the great work and Happy New Year ❤

[@slee4966]

Thanks James. You help me grow with many of your videos.

[@futurewea1th]

love the videos, always. just hoping in 2024 we get more vids from you. it's encouraging for sure. even though i trade in the future market, it is still cool to see genuine traders still out there making content

[@chitoa2777]

Thanks for sharing James and great numbers!

[@CannonsRvRepair]

would be cool if you discussed how you pay yourself and how you manage tax risk as well maybe do a video on taxes for 2023?

[@markostradingjourney]

Absolutely awesome video! Love to watch these!

[@amirpapan]

Thanks James, looking forward for more

[@enoshimametals]

Well put together mate all the best for next year

[@thebarsandstickstrader]

Congratulations on a fabulous year. I enjoy your content. Would you be open to a video on money management techniques you use with your trading? As a day trader it is helpful to see others styles in order to improve. Thank you for sharing your results, this has been invaluable.

[@360nftsports]

Siick! Super Enlightening Man 💯

[@smileyboi88]

when you say you "risk $500 per trade" do you have a stop loss in place or do you just get out whenever a trade approaches -$500 manually?

[@TheRealRovkstsr5]

The realist day trader on KZbin 🎉🎉🎉

[@caden5849]

20 losing days with trading every day is incredible! I love your organization and transparency.

[@Solidsilver5]

Great Stuff James. Awesome Videos

[@laweda7131]

Thank you this was my first information on this very hlpful❤

[@Theoptionslife777]

congrats on a good year !

[@karimtounsi3688]

Thank you for this Video ! Is it possible to share your ratios (Winning rate / Risk Reward ratio and how much trades/opportunities do you have on average during a week or a month) ? 👍👍👍

[@jrodd0077]

Congrats on a great year 👊🙏

[@Matzzerati]

congratz

[@8lackVision]

Respect for trying your best to show legitimacy of your trading. I am curious about the number of trades and the approx. win/loss percentage. Also your precent of total winnings from swing trading. Otherwise, great job and i enjoy your channel.

[@biggdoggg372]

So much respect for you sir!

[@sandstorm973]

Amazing performance! You only risked $500 / trade for the entire year? That's incredible work.

[@REALPLSHOWN]

Thanks for this James. Are you able to also share your equity curve on the TOS account. Thanks

[@allexxx3]

Hey bro, how do we join your live trading group so we can watch you trade everyday?

[@JuanLopez-zk2ro]

James, A huge thank you for taking time doing these. Have learned a lot from the room and all your explanations. Few questions: 1. Mind sharing # of trades you did in 2023 (day vs. swing)? 2. average R's overall per day vs. swing? 3. How do you deal with tax accounting? Basically, is there a tool to quickly help track these outcome so EOY is not such a huge effort? Thanks for anything you can answer.

[@Tyc00nMan]

what is the principal amount in your account to get 270k in profits?

[@ewlincueto]

Thanks James, motivation

[@Unknown-nr5zu]

Congrats for 2023 year. I disagree with your statement "markets were slow last year" markets were amazing, specially the last 2 months, I follow you & watched every single video on your channel. What I strongly beleive is you are not pushing yourself to the next level, you are not opening yourself to large cap & mid cap stocks. You are clearly overtrading as well as trading through out the day, everyday, not confident on your strategy, overthinking about the risk & loss that might happen. Not modifying your strategy for more refinement, resulting in profit percentage reduction. Also, not completely focused. You have an amazing trading strategy but, ITS TIME YOU NEED TO STEP UP YOUR LEVEL. All the best for 2024 lets rocks!!!

[@user-dk7ur2lq2x]

Hi James, would you consider sharing your insights on technical and fundamental analysis? I'm a fan of your live trading videos. Thanks.

[@luckytc5115]

HI, his favorite technical is gap up - Long and gap down - Short. Timeframe about 1h,15m,5m, Tight SL. but not so sure his TP. Mayb TP at ma20 for 1H time frame? :) just guesing. Good luck.

[@user-dk7ur2lq2x]

@@luckytc5115 Thank you very much! Although, I feel like the same amount (500 bucks) for each time frame is ambitious. I hope he mentions at one point, along with swing strategies. I wish you and him the best!

[@Gabriel4Drummer]

Good luck!

[@Be1Ben]

Thanks so much for your channel and content- you are an inspiration! Do you have goals, advancements or changes you’re looking to make for the upcoming year?

[@filoniz]

Are you afraid of how the World is moving toward AI? How is that going to effect day trading?

[@dohandavid]

I started watching your channel not too long ago and I really appreciate you. I'm 46 years old and don't have any skill set and not a whole lot to offer/I've been an Uber driver for the last 10 years.... I just get excited by watching your video, thinking perhaps maybe I could try this... I really want to hear your opinions... How would I start this as a new career? Your personal thoughts would be very appreciated. I'm in Seattle and don't know anyone who trades stocks for a living. Can you recommend any classes or anything... I really appreciate you for everything. Thanks, James!!!

[@jamesmatthews6476]

Don't quit your job unless you have about 3 years of savings to live off of/pay bills with for peace of mind, look into prop firms for beginning your journey so you are never risking more than a set amount a month, and along with this guys channel check out Al Brooks he has hundreds of videos for price action trading with no sugar coating.

[@shanetravel]

@james 2 questions. 1. do you keep pre market / post market candles on and use them as a consideration when doing your trades? (i asked in an older video but not sure if you review those comments still) 2. would you ever consider doing 30k account and seeing how you do?.. would be really interesting to see IMO. thank you. keep it up man! loving the channel.

[@mikeybuilds]

You’re an absolute beast.

[@lifeenjoy7233]

congratulations ❤❤❤❤❤

[@rokhs]

good job.....BTW are you planning to teach in person anytime soon just like you went to this week's course somewhere in Michigan? If I'm not mistaken....... thanks...

[@gokuxbt_]

where do you get those blue light gold frame glasses since we're being transparent lol , appreciate the content bro

[@Davedosa]

more interested in the percentage, could you tell us that?

[@shinkhai9169]

Hi James, congrats to your earnings on the market, can you show us your trading strategy instead ?

[@moryosef4136]

if i want to learn your system i mean what are you doing every day as day trader how i can do that?

[@RonnyPerez.]

229 winning days and 20 lossing days really 🤔 so you got basically 95% winning rate at 1:5RR

[@fanti13]

Congrats and good luck in 2024. If you don't mind, do you use leverage ? You're still risking 500$ so your betting 500 and stop loss on 250$ ? (if i remember correctly you said your keeping your bet sizing the same). Cheers

[@ramon4651]

Inspirational

[@MemnochLDH]

When did you decide to start risking 500$ per trade ? Is it related to acc size as well ?

[@BrandonDoesStuff1]

James, Thank you for posting your videos. Ibreally appreciate it. Imnunsure a deep dive is necessary, though id be intereated innwhatvset-up(s) you find rhe most interesting or profitable. Maybe you have already said, such as swing trades, but are there others like gappers? Also... And ive debated writing you on this... But i will anyway. Ill try to private/dm you after this.

[@JaiSinghKav]

So whats your usual trade size ? like putting up 10k on a position and then stop loss at 500$ ? Can you please explain the sizing as in what % of total amount is that 500 SL

[@TCCornelis]

Will you never start risking like 2k in a trade? You have more than enough funds for that in theory you would have 4 times as much profit in the end of the year

[@PruSeanQiao]

Excellent Result! Keep sculping!!!

[@sethrogenshomie7755]

super dope rich, GGs !

[@methusellahtovoko7116]

Big up king

[@BilalHassan-np6cb]

Dear Sir ! I have seen your video of MTF analysis ! Its excellent ! But I have a question 20 MA is EMA or SMA ,?

[@allwedoistwin]

What do you mean when you day you risk $500 per trade? Please elaborate por favor

[@user-lb5ww4tj6l]

what about taxes ? U have to put down 40% of u winning year profit ?

[@chriscruise1689]

Hi james I would like to ask you a question about taxes. I know that your are not a tax professional. Its very confusing with daytrading and taxes. maybe you can make a video on it for viewers. I strongly believe I have created a trading system for myself that makes profit. However wash sales and choosing business entity has me chasing my tail. Im assuming you are market to market or are you and individual investor. Are you an llc or sole proprietorship. Just curious about this. Alot of traders say they trade but never talk about taxes. I know that you have said need to see the accountant before. Any advice would be great. like here is some advice I heard someone say. Again Im just asking for some direction nothing concrete. thank you

[@hudson701]

But there's a whole lot of tax and other fees to deduct from that gross total right?

[@ラッセル9728]

What do you trade ?

[@danielmorales1981]

Do u give classes?

[@samuelcook7588]

bruno how'd u do boo :)

[@sadako2009]

Can i ask for $500 what is the risk% u take per trade?

[@bigalbertino]

Not a single red week? You should start up some hedge fund and let us invest 💀

[@tomspeed3354]

sorry, this trading is not sustainable if you make less than 300k. You also need to pay taxes. You are way better off working for one of the big tech companies, you make easily 500k to 700k with cash bonus and stock incentive plan. Trading is simply not your strength.

[@johnyruiz5599]

First

[@crazyboys5748]

aint no way people believe this guy lol

[@jacen7911]

Just a question because I'm new to this but what makes this unbelievable? I don't wanna be mislead by stuff so I take everything with a grain of salt

[@crazyboys5748]

@@jacen7911 it's almost impossible to break even let alone make a profit from day trading you can view a KZbinr called coffeezilla who explains this

[@user-zw4xc5hw2y]

I know its tough knowing there's someone profitable out there.. it's lika smack in the face. Keep trying dont give up

[@pgrated26]

James, Is there a way to contact you for business inquiries? I tried on Instagram but no luck so far.