How I Would Start Over As A Beginner Trader

1.📸 Follow me on instagram: / investitrade
2.📚 Course and Mentorship: www.investitrade.net/course
3. 🖥 My Trading Journey: • My Journey To Becoming...
Intro 0:00
Best Instruments To Trade 1:07
Trade Example / Risk Management 5:03
Best Strategy To Trade 7:12
How Much Money To Use 8:27
Journaling / Collecting Data 12:22
Trading Psychology 14:38
Focus On The Process 15:57
Run Your Own Race 18:42
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Option Trading, Real Estate, Robinhood, TD Ameritrade, ThinkorSwim, Crypto & bitcoin, Entrepreneurship, Forex, or fun daily vlogs. Please let me know.
Keywords: thinkorswim, options, options trading, td amertitrade, trading, carmine rosato, stock trading, options, supply and demand, live trading, day trading tricks, day trading tips, technical analysis for beginners, trading psychology, psychology, profitable trading, losing trader, how I would start over as a beginner trader, beginner forex trading, beginning options trader, beginner forex trader, beginner options trading, beginner stock trader, beginner futures trader, futures trading for beginners, how to make money as a beginner in the stock market
#beginnertrader #daytrading #carminerosato

[@victorwhite4603]

I have never paid for a discord prior to Investitrade. I am here to say that it is worth every single penny. Not only do you get to learn from others and ask any questions but you have 2 pros talking you through their thought processes daily. I watched carmines videos for forever and I’m so happy Im a member now. Just rewatched his bookmap videos last night and today was my first day trading with it. Absolutely killed it. Thank u my guys 🙏🏻. No this isn’t a paid promotion, I’m just very pleased with my purchase

[@carmine_rosato]

Amazing man 🙏🏽

[@jamesrussell1495]

I feel the same way brother

[@caseyknowles9587]

If you're considering joining Investitrade, you should do it. I'm consistently profitable now and would be fine trading alone but each day I look forward to getting on the discord to learn new lessons. Carmine is a gift to anyone willing to put in the work in a job where you can literally print money.

[@IamRealFrank]

You speak the truth. Losing is like paying tuition and journaling keeps you accountable.

[@aarondiaz7784]

The realest and most authentic video about trading I’ve seen so far. Climb the mountain yourself, you cant get placed there.

[@SammywiseG]

Great video. I know for myself journaling has transformed my trading. Something you didn't address for the beginning trader is paper trading and transitioning to a prop firm to gradually increase your risk as well as the changes to psychology having more skin in the game brings as well as to gain experience, screen time, and develop strategy while limiting your own financial risk until skilled enough to do so. Just my thought.

[@mikethomas2553]

Thank you!! 5 months of trading. Starting to get it down. When I started to get my own feel. I started following a guy on Twitter. At 1st it was helping and I was making profit. Then I lost and notice my hype hot higher and chased. Now realizing the account size difference. Your strat gets easier the slower you build it! Now I'm focusing on myself and my own strat so I can master this in my own way. GLTA and crush the market!

[@franciscosanchez7835]

wow very very important teaching thanks so much !!!!

[@bigbodycrypto4072]

Spot on, no BS. Just straight talk.

[@scottwhitfield1456]

Good points. Thanks

[@mrwonderful626]

So True Bro. Thanks!

[@SagarPatel-rp5vw]

Thank you!!

[@humdog64]

Great video! Really enjoying your pre-market and intra-day market plans you put out!

[@julientenietshamccrayer5442]

Thanx Bro, this was helpful!

[@stevek33]

Great vid C! Such valuable info for people. Your community really is what you say it is and that’s due to you and Dylan and what you guys created. 🙏🏿

[@Iron_headify]

Love the content. Index futures are awesome. Equities traders should take it extra slow IMO. Patterns/levels in futures don’t hold up INSIDE of supply and demand zones like equities do and you can get your face ripped off, then watch price go to your target. I’m good at scalping equities and when I switched to futures I donated lots of little chunks for the awhile and got frustrated.

[@TheElevatedLife]

Thanks Carmine As Always!!

[@mikebenny3389]

Thank you. You are a very good instructor. Slow, concise, and clear.

[@kicknit2181]

Ty

[@Lightningsportsweb]

Don’t forget to take into account the commissions on micro futures, if you are trading on TOS I think this micro future contracts are about $5 to buy and $5 to sell, so if you are trading smaller size you need to build that cost into your risk/reward.

[@sebastianbunt1002]

your the real deal man. Appreciate the content

[@kphilipps55]

I'm so happy you made this video!! You don't even know how much it helped me today!!💕💕🙏

[@Ay0hh]

great video! well said

[@wtfisthis9192]

Great video Carmine!

[@olayinkaowoyemi4950]

So glad I found this channel.

[@tradingwithtravis6896]

Futures have been the path to profitability for me and helped me fire my last ever boss.

[@ezra136]

Carmine, in reading some of the comments below, I know you get a lot of this but I need to say it. THANK YOU! seriously for all you do! This video by itself will help more then one trader. Cheers!

[@sonnytran194]

Very well said man 👌

[@andrewburns5258]

God damn, this was motivating!

[@richardm654]

Be careful with SPX options. They move $100 per point. Also, SPX is a calculated index with no volume to observe. You can only see the number of contracts traded on a list. I'm not saying don't trade it, but I wouldn't start there until comfortable.

[@StoicTrader-]

yep, spx can get wild

[@J123G]

You can lessen the wild $ swing by trading spx option further out of the money. The "dollar" swing in your position is a function of the position size and option delta.

[@richardm654]

@John I was referring to right ATM or slightly ITM daytrading with 1 contract.

[@mikem8157]

Another option are the minis XPS. Basically 1 tenth SPX but at a lower price, the big advantage is being able to scale easier and you're not in for a bigger size than you're comfortable with. Better spreads too.

[@bigfatwolf]

I agree. Definitely start with SPY if you’re a new trader.

[@tradelikezach]

Recently switched to MES contracts. So much better in my opinion. After I successfully scale up, I will switch to 1 ES contract to minimize fees.

[@cindyhayslette306]

What platform do you use? I have TradeStation.

[@tradelikezach]

@@cindyhayslette306 Tradovate is awesome

[@FinanceHubTips]

@@cindyhayslette306 TradeStation has the best fills in the Market in my opinion. One the best platforms which truly respect the Fills, Stop Loss, Trailing Stop Loss and so on. Highly recommended for Futures

[@coleauterman]

@@FinanceHubTips Agreed. Futures have the best fills regardless of the platform but I love TradeStation. Very customizable.

[@davidwildman561]

Do you have an opinion on using ThinkorSwim?

[@markmcdonald7543]

Thanks Carmine

[@jasondillon2567]

I really appreciate what you're saying. A lot of people suggested using a paper account to learn how to trade, but I opted to use a cash account instead, trading small size to learn. I feel that I've learned faster by experiencing real wins and losses this way.

[@byrontodd3489]

Truth 🔥 let’s get it this week Investitrade community

[@nextlevel8104]

Incredible value, this was by far one of the best outlines for becoming a trader! Thank you Carmine

[@christianfiguroa7147]

Preach

[@kevinjaworski6439]

What trading platform do you use?

[@anthonystewart4552]

This is Great Advice to start small and then Grow the account always Good advice

[@joeturchiano9555]

12:22 can you do a video on journaling and walk through some real examples?

[@Jameshf007]

I am unable to find the futures lesson. Is it only for subscribers? Please advise

[@scotthenderson4376]

Thought I had this tried paper money gave myself a few grand to start and it let me buy a call and a put on SPY but when I tried to sell them for a profit (different times) but it wouldn't let me sell. Guess all the start small is a bit questionable or you need margin.

[@user-jackal636]

I'm having some problems with Tradovate. It's a free platform, but in terms of indicators and volume analysis on the Order-flow Delta side of things. I'm looking to move to another platfrom maybe motivewave for their footprint delta charts.

[@carmine_rosato]

Sierra charts or motivewave

[@user-jackal636]

@@carmine_rosato Got some tutorials lined up in the que for both platforms, thank you, definitely gave me a short cut by learning and thinking what are the fundamentals. Price action traders are playing with dice, smoke and mirrors lol. A huge shift of traders are inbound to futures from options and crypto. I plan on maybe doing some prop firm combines soon if I dont want to blow up the rest of my 8k, you should have an affiliate code for a firm, you work the hardest and there's no doubt about your trades.

[@ZTone1776]

​@@carmine_rosatoWhat broker would you recommend? And any reason why you prefer Sierra over ATAS for order flow?

[@terrywilliams2349]

Great video!! I'll be trading the Micro Futures this year!!

[@Im2rp]

Hi Carmine, great video but why dont you recomment crypto?

[@lvzmyvidz]

Great stuff, Carm!!! Definitely appreciate you and your discord!! 🥂

[@DonovanDread]

Absolute gold statements.

[@torriefoster]

👊👊👊👏👏 so good

[@SylentLight]

Ive been trading ES in the green everyday for a month and will be switching to real $ monday. If I only have $5000 in the account can I even buy 3 ES contracts? I dont really want to trade MES because I like the leverage against fee’s but I will if I cant avg down on ES

[@whatsppme13034..]

Let's discuss,,✍️ I've something to introduce you📊

[@sammybivas7660]

I’m finding your videos very informative and helpful, do you do private sessions?

[@purpleye2608]

Do you pay for market data on tradeovate? And do you specifically chart and watch for entries/exits on TOS while clicking into your trade on tradeovate?

[@sswany_]

He doesn’t use tradovate pretty sure he uses IBKR and amp futures and he watches bookmap. But yes you can press the buy sell on one platform but watch your charts on another

[@purpleye2608]

@@sswany_ Thank you!

[@wallstdemon]

Great video bro! ❤️ tons of value 🔥

[@user-fr8qq5pk9h]

❤❤❤

[@Joe_174]

Trading is like a concentration in psychology. Carmine is a great teacher. The best education is learning how to think and not what to think- that’s why colleges are going downhill. It is also why Jordan Peterson started Peterson Academy. Peterson Academy will focus on learning how to think- no indoctrination BS like these trading communities that teach you to depend on their “callouts.” This is why Carmine is the most credible trader I have learned from. Learn to think and not what to think

[@rob409BOI]

Over the last 3 years, 1 of my best friends has made 70-78k each year following a combination stock market wolf and honey drip. Over the last 2 years I have been trading on my own and im in the red. And have barely started breaking even or being slightly green or red at the end of the last few months. He is constantly telling me to follow these alerts and I just can't do it.

[@joseinhamad5497]

I have lost alot of money, but every time I learned a new mistake. I have finally found my winning strategy. Do you not put your money first, start a demo and learn, once you find your strategy then you can put money in. It took me 6 years the aha moment. Learn from all true traders that have lost money. Also, do not pay anybody to mentor you or give you signals.

[@simonng8982]

May I know do you need 25K to trade option on TOS?

[@sswany_]

Definitely not. You can trade with as little as $500

[@mocmail2845]

i don't think so...i think 25k gets you unlimited trades in a day.

[@mandeepdalip]

This video is gold. Your psychology videos are top notch

[@laurifox7794]

what / how many figure trader are You now, Carmine?

[@retirefire2700]

This video is the fu#%ing answer to success. Thank Carmine. This video by itself will save people money and their accounts.

[@itsterri8520]

Trading only futures now. It’s better. I don’t like the Greeks with options.

[@TheJanet4321]

Why do you need a margin account with futures and not options? Isn't it difficult to get approved for a margin account, much less as a beginner?

[@Heir2Hermes]

Not difficult at all probably easier than getting approved for options

[@TheJanet4321]

@@Heir2Hermes Thank you.

[@Jae_Garcia]

This video was perfect always so much learning I also recently got into that show BILLIONS it reminds me so much of all this

[@stevenwilliams9383]

I would have invested my account first year while I was refining my strategy only thing I regret

[@paulkennedy4305]

Great Educational Video. What are the hours during the day you trade? Thank you. Paul

[@RxAm956]

These videos are trending af rn in the trading community 😂

[@coreygigoux7342]

10% 20% on your bankroll same as gambling get in get like the casino only problem greed takes over when u win quick follow the process if u lose quick leave the casino leave the market. IF ITS NOT YOUR DAY ITS NOT YOUR DAY .

[@nicorispoli]

Small account challenge coming soon

[@angeloo7162]

If day margin is, let’s say, $50, to trade MES… does that mean that I will pay that amount for any trade, loosing or winning?

[@sswany_]

No all you pay is commissions and fees. If you have a breakeven trade all you lose is commissions and fees which varies based on broker

[@angeloo7162]

@@sswany_ thank you!

[@jonathanrivas2816]

What?!?!? 1 point per contract is 50$ not 5$! Anybody who trades the /ES know this.

[@carmine_rosato]

Micro E-Minis

[@jonathanrivas2816]

@Carmine Rosato oooh my fault. All your videos are about the /ES, so I thought you were talking about the /ES. Sorry brother. Thanks for clarifying it.

[@injaber]

Hey carmine past 2.8 years of trading. I lost almost 15k USD (alot for me, I'm indian almost 1Millon in INR) . Lost 50+ Funding challenges. Tryed CRYPTO, forex,Cammodity, Equity markets. Used Lot's of Strategies, with & Without indicators.. Still I didn't Take EVEN "1USD" From The Market... All mistakes was Mine. No I'm going to Stop Everything & I will follow Your Guidance. I was in rush to Get hundreds of thousands from Market ASAP . Now I will try TO shift my mindset..

[@nums]

How are you doing now?

[@Strong1rdJosh]

This video has to be satire surely, why would a beginner trade futures contracts? Have fun continuously losing

[@FMD023]

I funded Optimus flow to trade off TradingView. Funded 500 to test and learn to trade futures. MES is great for that. That’s my papertrading. $500 is now $1200 but from 800 to that 1200 was luck with bad risk management. That one day last week when it hit 4020. It whipsawed all the way down to my PT lol. I was in the process to just setting my stop loss and take a 70% loss just to see that thing dump hard. Futures definitely more chill to trade aH. Supply and demand works well if u trade during the night. Set a pt and stop loss and walk away. If u have less than 1000 don’t trade ES. U choose the wrong direction thats an instant margin call lol. If u trade and get caught in the middle u will be sitting there all night praying. If u get caught in a sideways trade just take the L. Bro it’s scary u sound like me. I tell people I don’t make mistakes, it experience valuable lessons. The deeper it hurts my pocket the more valuable. I was one of those lucky ones that hit big during trumps run and caught both gme and amc squeeze. Trust me when I say this, carmine is right u don’t want that. I have poor risk management to the point where I have to retrain myself on that. If it wasn’t for my swing trading with shares 2-3 red years. 2022 was my first red year and I’m proud/ relieved. Now I know where I stand as far as a trader. With that said, gettin ready to size up to es and full port all dayyy

[@yana7071]

Thank you Carmine! “start over again” love this sentence. I needed this… … I have been back and forth and back and forth … 🫥🫥 New year, I’ll New start over again . Always appreciate your teach. See you in chat room.😘