How A Young Day Trader Quickly Goes Full-time

[@AvaAdams-ly7vu]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@JanetMorgan3]

Achieving significant returns isn't about volatile stocks; it's about effectively balancing risk and reward. Proper position sizing and leveraging your advantage repeatedly are essential, whether you're a long-term investor or a day trader.

[@AvaAdams-ly7vu]

Certainly, many underestimate advisors until emotions lead to losses. A few summers ago, during a tough divorce, I sought a licensed advisor who, through diligent work, boosted my business from $190k to around $720k despite inflation.

[@LeonWilk2]

wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@AvaAdams-ly7vu]

The Adviser I'm in touch with is *'Jude Ryan McDonough'* , he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me her strategy works hence my result. He provides entry and exit point for the securities I focus on.

[@AlinaWinkler233]

Thanks, I just googled him I'm really impressed with his credentials. I reached out to him since I need all the assistance I can get.

[@shrimpygeorge]

Props to this guy for finding the courage that few people ever do to go for their dreams!

[@BTheStory]

Amen to that brotha. Very hard to do. Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@Alphaswings]

thanks so much for the kind words! And I highly recommend everyone going for there dreams!

[@gde7207]

Totally relatable story he has , amazing how many people did the same thing before turning it around .

[@BTheStory]

Isn’t it? It’s wild how similar and yet diff we are. Thanks for watching, please remember to smash that like button to help us reach more people.

[@japmtl]

You're an excellent interviewer man. Thanks so much for this.

[@itm_randy]

just found this channel and this is the type of content i need to help me grow as a trader, looking forward to your future videos! also big dub to this dude for becoming a full time trader 😤

[@BTheStory]

Thanks Ran, I appreciate you watching brotha. Plz remember to like the video to help us grow more :)

[@jamesfreddyc]

You are an awesome interviewer! You are 100% listening to responses and building your next questions from those answers you hear. Great job bud!

[@cogar313]

Love it when he said to get the big picture right! Wow....Thank you Alex

[@joaosil]

Pitbull is an amazing book about the life of an oil trader. Highly recommend it!

[@01flaming]

Bro you're just a really good interviewer and a really good listener. I'm not a native english speaker and i know how hard to talk to people like us sometimes. Kudos to you!

[@BTheStory]

Thank you so much Ikmal! Thx for watching, plz remember to hit the like button b/c it does help us grow the show

[@japelonia]

This is awesome, B! I blew up my account many times too, and now I'm studying watch most of your videos I like what he said about " Your not scalper" thts made me thing what is my most favorite set that make me more confident and consistent and focus not in PnL but focus what who I really I am as a to be called as a trader. Thanks Again and also to Bastian!

[@BTheStory]

Thank you too John for watching today and continuing to come back. please remember to smash that like button to help us reach more people.

[@UK7868]

Loving your channel is now getting the traction it deserves. Keep up the good work pal!

[@BTheStory]

Thanks Razor!! I appreciate you! It sounds like you been here awhile huh? Thanks for watching, please remember to smash that like button to help us reach more people.

[@Talorthain]

The interviews are inspiring. they give a true picture and not the rosy Lamborghini, Penthouse many portray. Real traders which have issues, bad / good days, had to deal with feelings. Keep up the good work.

[@tradingpoker1324]

Good interview. You asked great question and listened great as a host. So many other hosts want to talk too much instead of letting the guest speak.

[@williamgibbs71]

After watching so many of your videos it's interesting to hear most people say similar things. All valuable but so much to take away from these videos. Love em.

[@BTheStory]

Thank you and glad to see your seeing a trend. The secret isn't really a secret :) Its consistency

[@Alphaswings]

broo almost 50K views haha thanks everyone!!

[@devildog1121]

Alex, keep up the great content. You're doing great things for the community.

[@BTheStory]

Thank you Mark, I 'm trying to work at it everyday brotha. Please remember to hit the like button to help us reach new people, thank you :-)

[@browncity]

Pit Bull is a must read book!

[@hugavet3049]

This level of concentration is amazing

[@tradingarsenal9767]

Very intelligent guy! I have been trading 2+ years and can say for sure this guy knows what’s up!

[@BTheStory]

Yeah he is a great dude, Thx for watching today, plz remember to hit the like button b/c it does help us grow the show

[@Alphaswings]

Appreciate the kind words!

[@boundlessgold1369]

I love these interviews. Thankyou

[@ronyorobio7096]

What an amazing interview. So much to learn, apply and even imitate. Both from the host and the guest. Thank you!

[@Alphaswings]

thanks for those kind words mean a lot!

[@purple_mang0]

- let winners run - get out if it doesn't follow your strategy anymore - don't size up too fast. - don't overtrade. - enters in 3 bullets in daytrade. if it works, then add - talk to profitable traders

[@w3mct]

Interesting interview. But cool to see other Full Time Traders out there! Trading has been best decision for me. I trade I mine crypto and build IoT network . I try to stay busy but trading keeps me centered and allows me to live a life fulfilling my passions in technology. But trading is what allowed me to get there!

[@BTheStory]

Nice Helium, I appreciate you watching brotha. do me solid will ya, smash that like button to help us grow :D

[@cmakula]

This guy is me, got in on the 2020 Bull and did not understand the market, did not cash out and put it into other tokens. I am at the stage of papertrading and learning so I am not getting rekt

[@sid00123]

Props to my guy. such a down to earth interview. well done Sir on your success

[@BTheStory]

Thank you for the props brotha,Thx for watching, plz remember to hit the like button b/c it does help us grow the show

[@armandofarias6841]

Following your dream - no regrets! Congratulations.

[@Alphaswings]

We all should!!

[@archeltorres587]

Just started my interest in trading and very skeptical! Thanks for your videos they are inspiring, informative and gives me hope towards financial freedom if Ill get to learn and be consistent on working hard. A nurse here for 18 years by the way.

[@benjaminflores1295]

Here 28:22 gold IF YOUR STRATEGY DONT WORK IN A MARKET, IT MAY WORK IN ANOTHER MARKET, GIVE IT TIME, FIND THE RIGHT MARKET TIME TO USE YOUR STRATEGY.

[@Alphaswings]

100% Benjamin!! People jump from strategy to strategy thinking it is a bad system yet it is just wrong timing.

[@TheGreatTomDix]

Amazing questions that pick the persons brain and the viewer!

[@BTheStory]

Thx Thomas, please remember to hit the like button to help us reach new people :)

[@crz8237]

Endeed 💥💥💥

[@fernandoantunes9941]

I just come here to watch the interviews. Thank you for your amazing work! I watched most of your interviews and I really enjoy it. My favorite question is: "If you started all over, what would you do to succeed faster?"

[@BTheStory]

Glad you liked it brotha. Well hopefully you come back often Brotha. Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@fernandoantunes9941]

@@BTheStory I'll keep hitting the like button. Don't worry. I found you via Matt Diamond. He has a very good KZbin Channel.

[@itslike123]

Hi Alex can you please interview trades who are happy to share their setups ? It's kinda the same thing over and over.

[@christopherwic236]

Great watch, hang in there Alex your so close man 👍

[@BTheStory]

Thanks Chris. Doing my best everyday! Thanks for watching 🙏, plz hit the like button to help us grow

[@thomashuh3919]

Thanks for the upload

[@BTheStory]

Yeah no worries THomas, Thx for watching and please remember to smash the like button to help us grow the show

[@retiredgoals]

When flat billers connect it's a special time for us all to tune in for some extra knowledge...

[@BTheStory]

hahahaa a

[@adriandoe1090]

So.... you are the Basko 💪💪

[@BTheStory]

THE one and ONLY. Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@Lala-fi7zs]

Great interview - keep them coming! I love to hear different trader views and especially when they all have their big losses yet never gave up and eventually become successful. I’m at the loss stage right now 😢 but it’s okay I’m going to keep trying. It’s hard to see 10 to 15k less in your account from where u started. I’ll admit I’m a bag holder and not actually taking losses. I of course have doge and AMC and still believe they will eventually go back up which are my biggest losses so far.

[@BTheStory]

Sorry to hear lala. Bag holding is not the way to day trading. Just my thoughts. I wish you the best in trading. Plz know if your gonna be serious about it. Have a plan and stick to it. And a plan has a LOSS area or STOP AREa where your wrong. Thanks for watching 🙏, plz hit the like button to help us grow

[@Cassim125]

Yup as b the story said you should not be putting money into a live account. You should be in the simulator and clearly u buying anything you hear on the web with no clue what you are doing

[@Posterharpua]

Alex - when are you gonna start doing trade recap videos? would be immensely helpful and we are curious to see how you trade! thanks for the great videos as always!

[@BTheStory]

I’ve done some brotha. Welcome here haha. Go back a few episodes. Also go to my live trading videos too. Thanks for watching, please remember to smash that like button to help us reach more people.

[@raulcarrillo9012]

This is going to be good!! 😁 😁.. Thanks!

[@BTheStory]

Yea!! Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@DavidOgden1]

Excellent as always!1

[@BTheStory]

Thank you David your the man. please remember to smash that like button to help us reach more people.

[@DavidOgden1]

@@BTheStory always!

[@abdelkrimwahidi3651]

A lot of good points, Thanks .

[@BTheStory]

Thank you Abdelkrim, Please remember to join the community in smashing the like button to help us grow the show =)

[@pedroewert143]

i like the 3 bullets - keeps you sharp aswell, when you long your add is probably a good area to move your stoploss to and your takeprofit is probably another area where you might consider shorting or exiting or keep an eye if the market might move against you

[@BTheStory]

Glad you got value out of this episode Pedro, Thx for watching and Please remember to smash that like button to help us continue to grow the show :-)

[@JR-eq6jz]

It comes down to this, the 90% add to losers and hold them, and they love partial targets and limiting their gains by getting out and walking away. They also obsess over risk reward which is total BS. It’s probability that matters. Winners add to winning trades. Losers don’t. This guy has the right idea so hope he makes it a few years.

[@BTheStory]

I hope he does too JR and thanks brotha for sharing again. Thanks for watching, please remember to smash that like button to help us reach more people.

[@delfinijo5331]

Finally! Someone who gets it! Risk reward ratio doesn't mean sh*t in trading.

[@Cassim125]

@@delfinijo5331 risk to reward does matter. Depending on the type of market, time frame and market volatility. You can't have a 1:4 ratio in a market that doesn't fluctuate that much.

[@delfinijo5331]

@@Cassim125 But the market doesn't care about your risk reward though; that's my point. To me it makes more sense to open a starter position and as the price moves in my favor, I add to the position. That way I can make the profit that I want to make without demanding too much from the price movement if that makes sense.

[@manny2br]

JR you're just quoting Tom the trader but it's ok im glad you educate yourself with the real deal trader

[@chicoman000]

Good video.

[@eguy34]

Subscribed! Listening to his journey is giving me more confidence to keep going. I'm stuck in the break even phase or boom / bust phase like he mentioned. Letting winners run is tough, frequently I had gotten out too early and come back to take a look to find that the trade would've gone +4R

[@Alphaswings]

Keep pushing Erik!

[@BTheStory]

Good luck with the journey ERIK! Please join in with everyone in smashing the like button to help us continue to grow the show :-)

[@shortgameanalysis1399]

very cool guy, great stuff

[@davidprice9265]

Great interviews

[@Alphaswings]

thank you!

[@iPlayiOS]

I'm about to grab some food, watch the rest of this (only a few minutes in as I type this) and then get into Trading Tickers 2 again lol. This = Appetizer Food = Meal TT2 = Dessert lol *The like button has already been SMASHED haha*

[@BTheStory]

Heheh Love that you can anticipate the like button :D Thx FAULK! FAULKKKK SMAAAAAAAAASH!

[@iPlayiOS]

@@BTheStory Watching your videos on the way to today's job site. Thanks for making the commute a little less dogshit with *all the knowledge* . Taking notes on my phone lmao

[@jjfattz]

I shall now henceforth pronounce “indices” as inDICEs.

[@mrrtte]

keep it up!!

[@BTheStory]

Thx Mirte, Thx for watching, please remember to like the video to help us grow the show :-)

[@mrrtte]

@@BTheStory i always do!! and i dont skip my ads🤣👍👍👍

[@BTheStory]

@@mrrtte ur amazing

[@valireklaam]

A+ setup is mentioned here pretty often. Have a kinda delicate question . Is A+ setup kinda personal secret sauce that a common man is not supposed to know, or the A+ setups have been discussed here and they are some well known bullish pattern combinations - like bullish flag etc ? Can you give an example of an A+ setup or its a secret sauce ..

[@Alphaswings]

It kind of depends on what kind of trader you want to be. For example to me a A+ short setup was CLOV 6th June. The most important part is to really figure out what is a setup to you. Make a evernote account and start tracking setups, just to name a few examples: Death candle, first red day, pump and dump, daily breakout, Episodic pivot, High of day clearout. Hope this helps. Good luck in your journey!

[@valireklaam]

​@@Alphaswings as i understood a+ setup is one of the patterns that you mentioned plus some other indicator that confirms it to make it kinda "high probability sure bet"

[@BTheStory]

A+ is what you are familiar with, for example BASKO may have a A+ setup but I think is B-, and I have a A+ setup that he thinks is C-, we all trade differently, we defined a A+ setup by the experience we have trading it and the confidence level. Please remember to hit the like button to help us reach new people, thank you :-)

[@BTheStory]

Thx for helping

[@BTheStory]

Another good point added.

[@corbinyoung5320]

I'm going to be on the show one day

[@Alphaswings]

Funny story, I actually told Alex that I was going to be on the show a year before that. He said "naaah we will see" haha

[@corbinyoung5320]

@@Alphaswings haha we will see!!!

[@BTheStory]

Hahaha I didn’t say “naaa” lol

[@BTheStory]

Hahaha

[@BTheStory]

Thanks Corbin for watching, please remember to smash that like button because it does help us grow the show.

[@jayjay-br3xv]

Bastian, do you trade futures and if yes, can you tell me a good broker out there (low cost and efficient). This is a great interview. I always enjoy watching this channel !!

[@BTheStory]

Thx Jay for watching todays episode. Please remember to smash that like button to help us grow and reach others :)

[@Eastbaypisces]

good channel, dope ass interviews, have u tried interviewing Aristotle Investments, Live Traders or Kelly Ohgee? curious how an interview w them would be

[@Berghiker]

Where do you find all these traders to interview and what is the criteria that you looking for?

[@garytrader1581]

@Alex, enjoyed the interview you did with your wife. Just curious , how long did it take you to get consistent ? I can’t seem to stop averaging down on losers and having huge red days. Did you face that problem? If yes, how did you overcome it ?

[@BTheStory]

It took me about 3 years. I didn’t have this issue but I did sometimes find myself in a bad loss situation due to not cutting fast enough. Hard stops stopped this. And I’m sure can help you too. Thanks for watching 🙏, plz hit the like button to help us grow

[@dude_with_water3310]

Thanks for these videos. I am glad you exist lol

[@BTheStory]

Thx Sean! Please remember to join the community in smashing the like button to help us grow the show =)

[@Cardenazjr]

Thanks B! How do you feel about day trading with options ? For the people with the PDT restrictions

[@Alphaswings]

I never touched a option ;)

[@breakthesealpodcast]

Trade futures bro.

[@xxxxxxxxxx3390]

Traded options for about 2 years with little (no overall) success. Too many variables- very difficult. Good luck with whatever you decide.

[@michelecastro7487]

Day trading using options ( weekly opt) works well only on a short list of stocks. Options are an amazing instrument but options were not born for day trading. Occasionally they're the best tool for the job: Last Friday for example an AMNZ PUT 3600 went from 5K to 27K ( gaining 22K ) but usually is tricky using options to day trade. I cannot explain in a comment but if you study a good option book you will understand why is tricky.

[@BTheStory]

I don’t touch them so can’t give you my opinion. Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@jackiepedroche3660]

Great interview as always Alex! How did he grow his account? was it purely from his own pocket and profit from his trading? How much was his starting capital? Keen to know. Thanks!

[@Alphaswings]

yea it was all from my own pockets starting cap was around 10K

[@Jdgarcia19866]

hey b great videos mam, have you ever interviewed warrior trading

[@sunrisesunset7]

Remember kids "sizing in" is just a more professional way of saying averaging up or down. :)

[@Alphaswings]

hmm not sure if I agree there, I guess for many people it does. But you can also average up while the position is going in your favour!!!

[@jamesandrasi3304]

Quick question typically do most traders hold there trades till there take profit mark or do they close out there trades when there’re in profit ?

[@BTheStory]

Everyones different, it all depends on you, thx for watching; please remember to hit the like button in joining us to grow the show :-), we appreciate it very much.

[@jamesandrasi3304]

@@BTheStory awesome thanks a lot 👍👍

[@Krdlaoia]

Dutch 😍

[@Alphaswings]

:D

[@dimoMRX]

Is he from netherland?

[@BTheStory]

I think so... Can't recall. But If you ask him I'm sure he will tell ya :D- Thx for watching too Dimo Please remember to smash that like button to help us continue to grow the show :-)

[@Alphaswings]

I am from Germany, but I live in The Netherlands since I was like 3 years old :)

[@SamTakana]

can anyone please tell me what is one R?

[@Alphaswings]

one R is a fixed $ or % amount a trader is willing to risk on a trade

[@_Jakebutcher]

the beginging statement is what my problem is

[@BTheStory]

Really? Well my friend I’m glad your here. Welcome to the family. I wish you the best on your journey. Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@encapsulatio]

@@BTheStory Seems the bot is strong in this one.

[@bluetrade8582]

What is is the discord group you guys talked about in the beginning of the video

[@Alphaswings]

V - traders

[@BTheStory]

Basko got ya!, Thx for watching and please remember to smash the like button to help us grow the show

[@blakeaaron5698]

Any updates on Bastian?

[@BTheStory]

Not on my end, its been awhile Since I connected with him. Last I heard he was investing in real estate with his profits.

[@zahrasheikhi3995]

Wish you had asked him why he quit crypto ...

[@Alphaswings]

Good thing you can ask yourself haha :) I did not completely quit crypto. I had BTC with a 8K avg. Made around 500% return on my crypto wallet. Like I said in the interview, in 2018 I got smoked when btc turned around.. This time I knew better and sold in small pieces. I pulled out around 95% of my capital to focus on trading. You dont have to trade everything thats moving! Better to focus on one thing and master it. And last you can trade crypto names in the stock market GBTC ETHE COIN MARA RIOT and so on. Hope this answers your question :)

[@rubenzavala197]

What you mean when you say 1 R 2 R Or 3Rs

[@vancevanda8593]

Risk unit. Can be whatever you are willing to risk. Example: $50, $500 or $10,000. No one knows your R unless you tell people.

[@cozybazaar]

does he trade stocks only now?

[@Alphaswings]

Lately also some crypto since that market is so hot but I would say 90% of my trades are stocks

[@user-wx5fr8cp6d]

Oh man..

[@BTheStory]

OOOOOOOOOOOOOhhhhhhhhhMAN! Thanks B for watching! Please remember to smash that like button to help us continue to grow the show :-)

[@user-wx5fr8cp6d]

@@BTheStoryu'll always get my 👍Alex. Keep up the great interviews.

[@richardwilliamsmusic]

How do I find Scott?

[@Alphaswings]

His twitter handle is /switterman

[@seanchang2763]

Where do we find good traders on discord who are willing to talk to us?

[@Alphaswings]

Join Alex his discord ;)

[@seanchang2763]

@@Alphaswings Have a link?

[@Alphaswings]

@@seanchang2763 discord.gg/K4vMDvPTNE

[@Abcccdwe]

Futures has no PDT

[@BTheStory]

Nice Thx for sharing Vantage!

[@den794qynn618]

Hey B! can you also invite Ripster47 to show

[@BTheStory]

Will see whatsup, Thx for watching and please remember to smash the like button to help us grow the show

[@HighTimesTrader]

1% x 10

[@BTheStory]

lets go SincererAlmond, heh, nice name; thx for watching, plz remember to hit the like button to help us grow the show :-)

[@oodles86]

Dang, tracking twenty setups. Takes me hours a night to journal two.

[@Alphaswings]

I only track a few at the same time, atm im focused on EP / Daily breakout / Parabolic shorts for example. But ya takes some time for sure to track/journal. The hard work in trading comes in the preperation, the actual process of trading, hower, should be effortless.

[@oodles86]

@@Alphaswings I found retrading my last month's day trades on simulator and comparing them before bed keeps me primed into the morning, making it easier.

[@Alphaswings]

@@oodles86 interesting and creative way to do it :)

[@BTheStory]

Yea it takes time. In beginning you def want to take it slow and maybe focus on a few. Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@BTheStory]

That’s interesting. Makes sense tho.

[@ski69]

Godddddddddddddddd........say "Like" again.........OMG

[@Alphaswings]

like

[@BTheStory]

LIKE :D

[@antonhuang7772]

First

[@BTheStory]

Badass!! Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@Cdbd4]

Second

[@BTheStory]

Oh snap! If your not FIRST…. Hehe. Thanks for watching, please remember to smash that like button because it does help us grow the show.

[@jaysstocksgamify9891]

Without Trading Rules You Lose

[@BTheStory]

True that. Agreed! We need those rules. Thanks for watching, please remember to smash that like button to help us reach more people.

[@gokublack4832]

he sounds german

[@Alphaswings]

He is ;) (I'm german but live in The Netherlands )

[@gokublack4832]

@@Alphaswings Ahh you're him lol but yeah I work for a German company remotely and your accent sounded very familiar 😂

[@Alphaswings]

@@gokublack4832 haha yea nice euro accent ;)

[@BTheStory]

Nice ear Goku, Thx for watching, plz remember to hit the like button b/c it does help us grow the show

[@Jessicatorres_768]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@alicebenard5713]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@ConnieGriffith-u4z]

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@Jessicatorres_768]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

[@KatherineAnderson-lm8bw]

Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@alicebenard5713]

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?