I Tried Day Trading w/ $1,000 AGAIN

[@DanielInskeep]

it took 6 weeks to make this video, but it'll only take you like 3 seconds to scroll up and hit the thumbs up button on this video!

[@DavidCarmonaUX]

r/superstonk, i think you should learn and hear more from experts on what NOT TO DO (its like 99% of trading)

[@lilmissbeats]

deal.

[@series333]

Hey, I enjoy your channel. I was interested in trading and found your first futures video. After a few weeks of practice I started with tradovate and the nasdaq micro. I started with a 400 account, 1 or 2 contracts, and lost $170 in 3 days. I took a break for a few days and tried some other things, ended up losing another $40 and called it quits. This was a few weeks ago. Some things I learned was its easy to laugh off loses in the demo account. real money hurts. But I did become a better trader because of losing real money. What I'm mostly mad about is before I started I was going to stop if my account got to $300, and I didn't. I'm still taking a break but want to try again. This time I will be in the demo account for awhile. Watching this latest video, is pretty much a copy of what I did. Looking forward to your next.

[@YouStillNeedToSleep]

I clicked like just because you are complaining. lol

[@lilmissbeats]

@@k_froggy "winners" - it's all about R:R and def not win/loss ratio.

[@freakyfreshwater7680]

No way!!! True, authentic content!! You mean you didn't make 500 dollars in 1 week and have a course to sell us at the end? You've earned a like kind sir, this content is a rarity nowadays.

[@morganmynade3960]

he did lots of wrong things knowingly

[@Sam-dj6rx]

Takes a brave person to admit their mistakes. Takes a braver person to broadcast those same mistakes on KZbin for world to learn from! Thanks for doing these videos.

[@dominicrussell8158]

massive respect for just putting yourself out there

[@DanielInskeep]

@The Giants you're a clown

[@N5PRDGY]

@The Giants tell us your brain doesn’t work with one comment😂

[@WeedsePoentah]

man is just trying to get views because he saw that it was a good video by either one of his previous video's or by someone else his video with a similair topic

[@DanielInskeep]

@@WeedsePoentah that's like saying "mcdonald's only came out with the quarter pounder w/ cheese because they saw how much people liked their original cheeseburgers. they are just trying to sell more burgers!"

[@katlehosuping5663]

Daniel the type of guy to give his subscribers christmas presents

[@mesutserim1595]

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

[@chrisbluebird5037]

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@legacymedia8468]

@@chrisbluebird5037 I'm sure the idea of a coach might sound generic or controversial to a few, but new study by Investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $500k from an initially stagnant reserve of $150K all within 14months

[@legacymedia8468]

@Finest Bear Hug Having a coach is key to portfolio diversification, My advisor is "Wendy Helene Bennett" You can easily look her up, she has years of financial market experience.

[@Natalieneptune469]

@@legacymedia8468 I just looked up Wendy Helene Bennett online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.

[@yomomma..]

You guys actually sound convincing for once

[@pablosepulveda750]

I like how transparent you are, one of my biggest problems trading is taking profits, and I completely understand when you say its difficult to correct the errors we know we are doing haha

[@DanielInskeep]

it's part of what makes trading so difficult!

[@cristoferjimenez8126]

Your trading plan should have a take profit system. And should be a fixed risk reward bro, I’d suggest amending a fixed 1:2 risk reward and follow it consistently. (Risk 1% of equity for a 2% gain)

[@ZLHo-pg4hc]

I personally set 2-3 take profit level for each trade in order to protect profits. e.g. TP1 swing high/low, TP2 fib extension 1:1, TP3 fib extension 1:1.618 something like that. Hope it helps

[@cristoferjimenez8126]

@@ZLHo-pg4hc that’s good but don’t you have a standardised risk reward? Like as a minimum requirement for your capital to be at risk for a potential reward? (It’s dependant on your win rate I know) also how much of your protective profits you take? Do you take the first partials at 20 or 10% of your current on going trade?

[@rishiramchandani8534]

@@cristoferjimenez8126 hey bro, in terms of a fixed RR ratio, i would only set a minimum as you suggested for a trade to actually be taken and be following my system. For example if my minimum RR was 1:3 I would only take trades that offer a 1:3 RR. As far as taking profits along the way tho, I’m not too sure how Thomas takes his, but think of it as paying yourself rather than a protective take profit, many trades usually just divide the amount of TPS they are taking by 100%. So if I take two TPs I take 50% at each and etc. But this is dependent on your risk appetite.

[@zacleb1998]

Loved this video! Really refreshing to see the more realistic side of trading. Would absolutely love to see this turn into a series of going from beginner to net-positive trader!!! Tons of videos about successful traders but you never see the process from beginner to pro. Looking forward to the next video!!

[@musclerussell8109]

This isn’t how one makes money in markets. It’s the losers way.

[@tsarboris8]

Refreshing for bad traders maybe haha

[@ryan.mcnulty]

Yeah, definitely what not to do lol but great effort 100%

[@allisonscanlan4144]

That takes years, and isn't as effective of a way to make money. It's a big time and financial commitment, and can't always be guaranteed

[@MauriBrix]

Loved what. Are u collused?

[@nicoz4122]

Very well done man ! An eye opener for all beginners. I trade futures and I do confirm your point: commissions are part of the game and it takes a certain time to find out the right balance between win rate, number of trades, expectancy and cost of trades... You are perfectly right when you explain the issues with overleveraging, exiting too soon etc. This is good stuff !

[@TravelMaximizer]

I know this comment is from a year ago but I'm curious to know if you are still into day trading and if so, how is it going for you? I'd like to learn this skill but wondering if building skill gives you an edge over just luck.

[@C00ltronix]

Perfect timing! I had the urge for some day trading and your video came right on time! I go hiking now.

[@Hypridge]

One of the best videos I have seen on daytrading, because I literally see my own mistakes been done by someone else. Not only that, I also see the same conclusions and improvements I have made. As you mentioned it at the end, it really comes down to a clear trading plan, sticking to that plan no matter what, and patience patience patience. Looking forward to your next video with the pro

[@iindgothetrader]

Man your videos are actually refreshing to watch, this is the actual reality of trading, real and raw. Not fake gurus pretending they know every move of the market lol , keep it up man it’s inspiring

[@caydenmunoz6094]

Love that you’re so clear and honest about this kind of stuff.

[@worldspottingexhibit]

Love these videos, I'll never day trade but I love a quick 10 min video about it

[@ace-kz9zd]

I absolutely love your channel. Thanks for being real and giving great advice

[@TREVANDTHECREWgaming]

A tip, Look at higher time frames, find supply and demand zones with those higher time frames (a “resting candle” before a big run up or down) Wait for prices to get back in that zone, go to a lower time frame, find a good spot to put a stop and then scalp that if you like and maybe hold runners for a larger move (since it’s seems you like to scalp)

[@adamfaiq8611]

people don’t realise that you just gave the best way to trade🤣

[@proptradder7472]

@@adamfaiq8611 supply and demand is amazing strategy sadly most traders don't know about this strategy

[@blakemartin5893]

How do you find what’s in supply and demand . ?

[@proptradder7472]

@@blakemartin5893 what do you mean by "what's in supply and demand "?

[@davidhiggins2804]

Any advice for someone that is looking to get into day trading . Ie resources that I could learn from and where I could start ?

[@Vizurraga]

Thank you for sharing. I'm a newbie and learning how to be a day trader. Your KZbin provides good insight. I still have a boatload to study before I take the plunge. All the best

[@AtticusLardnerBurke]

hey man as a day trader I wanted to recommend using bigger time frames and then narrowing down the time frame for more precise entries. Also holding positions for an hour or two can be very profitable. I would also say you're too focused on the money. banks generally give you a 6% interest rate per year if you can get 120 profit once a month you'd be at 144%. Look for longer term trades. Also a good day trader doesn't trade everyday. Hope this was productive. super great video!! excited for the next one.

[@jvisuals4345]

@@tylerdavid1626 L

[@tylerdavid1626]

@@jvisuals4345 lmaoooo

[@benstonestreet8337]

@@tylerdavid1626 hour or two isn’t long term. and saying “lmaoooo” instead of a rebutted is cringe

[@Swampdogg82]

@@tylerdavid1626 He is correct. You have to look for a bigger picture first and trade the trend. Then you go smaller timeframes for entries and keep them running until longer timeframes is invalidated. Also should keep posiotion size and leverage much smaller doing this. Daniel is scalping too small moves which is very difficult without properly tested strategy.

[@ElephantWhisperer222]

@@tylerdavid1626 1-2 hours is considered a day trade and is nowhere close to long term. What are you talking about bud bud?

[@karthikvenugopal9139]

I should admit, from mango street to your day trading video, I started my Trading career in august 2020 right after your video and it's been a great journey since then. I have been consistent in some things I've learned along the way. Huge credits to you for showing an out of the box potential!

[@PerfectEclipse]

Compared to all the charlatans selling trading courses, there is so much to learn from someone who is willing to broadcast why they are losing. Please don't give up on your trading journey, and most importantly, keep learning from your mistakes and improving. I am looking forward to the day you make a trading video, and end the challenge with doubling (or more) your account!

[@DanielInskeep]

thank you 🙏🏻

[@OwenL2020]

I love your transparency on your challenges. People on KZbin seem to come in expecting nothing but expert advice and performance, and then to go replicate those returns without putting in the work. Even by watching someone else learn, you can learn a lot too.

[@landonwhittier3562]

I actually started day trading futures after I watched your video about 6 months ago, so I really enjoyed seeing your progress and comparing it to mine!

[@Redddickjj2003]

Have you been successfull I started doing futures but got scared when my win rated was 50/50 most of the time

[@FukkJxykwon]

Can’t stress enough the amount trust I naturally feel from this dude is insane

[@DanielInskeep]

inVest w/ Me foR masSive GainZ

[@DanielInskeep]

just kidding, i would never do that

[@oscarmunguia1104]

@@DanielInskeep funny 😂😂😂

[@DennyGsFunnies]

Love your videos ! Day trading is a very simple game that is Very difficult to execute. Fear is the great nemesis. I have finally learned not to mess around when my entry was wrong. You will die quickly hoping for a turnaround on a loser. But fear of losing does make you lock up winners too soon. That's the one I struggle with the most. And maybe the most frustrating is when I hesitate to enter and watch it do exactly what I expected. That hurts ! I only trade for an hour or two, but I find there are only about 3 great entries each morning. More than 3 and I am over trading and probably not going to like the results. Very entertaining video ! You are very likable. Thanks !

[@DanielInskeep]

you are spot on with those trading struggles! i felt that.

[@kellarenna]

this is so relatable as a new trader. the bouncing, the over trading, taking too big losses, bad entries. uff. this one i feel 100%!! ive had to learn to keep my stops extremely tight. ive put in the endless hours of learning zones, price action, retests/pullbacks/ trend trading, consolidation, vwap, ema, volume, mastering fear, anxiety, etc etc etc and im getting way better. and with tradovate its a good idea to pay for the commission free account. those rates will wreck you

[@shooterco.]

I am on the verge of this iceberg. Learning learning zones, price action, ect. Is it possible for you and I to get on a Discord call and talk about your experiences day trading and the steps you took to learn all the things that comes with trading

[@connorbolton5519]

One tip, work on risk management. Your overall plan is good. But you must set a level where trades will automatically close. This will avoid taking big hits when trades go in the opposite direction. Try 1% risk per trade

[@captainherbalist8502]

and a better RR maybe a 1.5:1 instead of his 1:1, not change his lot size from one day to another and stop moving the sl and tp

[@fellasboyz1272]

@@captainherbalist8502 What does that mean can u explain in other beginner words please?

[@captainherbalist8502]

@@fellasboyz1272 RR is risk to reward, I'm basically saying he should try to make more money when he wins so if the risk is 1$ then try to make 1.5$ or higher per trade

[@fellasboyz1272]

@@captainherbalist8502 thanks, appreciate it

[@jonathanyiqiang]

I want to thank you for being this transparent man, the realest youtuber out here. Looking forward to your future videos!!

[@genon2]

I absolutely loved this video ! I'm going through the same process. I lose trades way too often but I still continue. I'm trying to nail the process. It takes time but when you get it I think it's the best reward ever

[@Bathingwookie]

You’re gambling.

[@cunted2241]

regard

[@SwornInvictus]

The honesty and humility is really refreshing man, this is a tough business to crack into. You earned a subscriber, keep up the great content!

[@CieryLZM]

I appreciate you showing us all the steps of your process. Most people don't even like to speak about their losses with exact numbers! I hope we all keep winning soon! Learning and prospering!

[@jseen9568]

actually from your first attempt, I started day trading as well. I used paper trading mostly for about 6 months or do. proved I could be profitable. Then started with $1000 and currently at $5000. I take it slow, not big swings, and mostly do micro minis.

[@DanielInskeep]

that’s awesome - well done!

[@Liamdoodles12]

paper trading is like practice day trading correct? what program or site did you use?

[@Redddickjj2003]

Any indicators you would recommend? Or is it just understanding basic trading candles and etc? I started futures also but I’m always 50/50

[@davidhiggins2804]

Do you have any advice where to start or any resources that would be helpful?

[@douglastree9217]

I've been doing the same mistakes, small profits because of fear of not going much above and huge losses for holding till it turn up again but it keeps diving in red what makes the loss bigger than it should've been. Great video, I'm cheering for your success in the next trades you do from now on.

[@DanielInskeep]

thanks and same to you!

[@vibeflixtv]

Read “trading in the zone” by mark douglas, and reevaluate. You can find it as a pdf on the internet, no excuse

[@bri4real]

I use to day trade futures back in 2017-2020. I got really lucky my last year and called it quits until my ex wife took 1/2 my earnings. I can tell you one thing about trading. If the s&p is in a long trend NEVER short. Same as if it’s on a down trend. The trend is your friend. I think you motivated me to get back into it. Thank you

[@FatCatsOfWallStreet]

It takes a tremendous amount of time and effort to turn the corner trading futures. At some point in the journey the psychological aspect will be one of the biggest hurdles. You have to become hyper aware of how you're feeling at all times and nip it in the butt before it becomes a big issue. Journaling how you feel is important. Then you find patterns in what's bothering you. Get into a meditative state and start to relive the trades that bother you. It's better when the emotion is fresh. Like if you get stopped multiple times in a row and you feel the pressure. Reliving stressors like this in a calm state of mind helps the subconscious mind associate these triggers with being calm. This method has been used with people who have PTSD. Also when you're tilted the blood is flowing away from the part of the brain that makes logical decisions, but how can you stop if you're not aware?! These practices I mention take a long time to start to see the benefits. Humans aren't designed for trading. We're not wired for it. I tell my traders especially the new guys it will take years to get consistent. At least a year of hard work. Problem is most people don't know what they're getting into when they do this, and don't know what kind of work they should even be doing in the first place. Trading and being done for the day will not cut it. Also reviewing trades in hindsight is not helping. You have a plan and you need to make sure you're executing the plan. Sometimes good setups fail. Trade management will never be perfect. You have to learn to be okay with it. It also takes a long time to be able to hold trades instead of cutting them too soon. You're panicking out because of a lack of confidence. It may be do to the fact you're not taking setups with edge. Even if you hand a trader a setup with edge. They can screw it up and it wont work for them, and it all comes back to mental framework. If that mental framework is not being worked on and you don't develop specific solutions for specific issues this will not work. The cold hard truth, is this is a very brutal career path. Anyone that tells you otherwise is full of it. Options is a great way for people to trade who don't want to put in the countless hours to becoming an outright trader. However that even has it's own risks if you don't comprehend them.

[@L3viat4an]

I originally subbed from the first video, nice to see another attempt

[@lououellet8964]

A good way to avoid closing trades too early is to take partial profits at predetermined points to pay yourself and leaving small runners. As far as moving the stop to break even or trailing it, I find that if the trade goes in your favor, consolidates then goes in your favor again it’s usually a safe bet. Love these videos, a third one with a set entry and exit strategy as well as a risk management plan would be great and probably give you a better chance at succeeding. Lower fees too if possible:)

[@TheDeadlockArchives]

thanks warren

[@TravelMaximizer]

I know this comment is from a year ago but I'm curious to know if you are still into day trading and if so, how is it going for you?

[@lilmissbeats]

thank you for making this video! Your honesty is much appreciated, and far more useful than some fake screenshot of someone BDSM! I was day trading most of the year, but because of commissions I am moving towards swing so I can lock in higher profits and not get killed by fees.

[@DanielInskeep]

😆

[@iamignored7052]

You are so honest and you really articulate your thoughts clearly. Great work!

[@jamalmims2660]

I was waiting for this video. This is exactly how I was trading when I went live lol. I’m fine tuning my strat and getting ready to get back in it

[@avolovo]

It’d be great if you do a “ I tried swing trading a $1000” video. I find that less stressful and you can make great returns.

[@mustbewilson]

Great work Daniel 👌 you really are showing the pitfalls of learning to day trade.

[@Ewiniger]

So stoked for this video!

[@jtrad3z]

my man just touched on one of the most difficult parts to becoming a good trader.. overcoming yourself "realize what your doing wrong and correcting those errors" i.e sizing mistakes, not executing your plan, revenge trading, not sticking to s/l

[@DanielInskeep]

straight facts

[@jtrad3z]

a few tips (must haves) - Have a daily max loss. No more than 1-2% of account - *Get a broker software that will auto stop you out, if hit, and locks you out of your account for the day - Give you broker’s secure login code to a friend so you can’t log into their site and convince yourself to continue trading there to get around the trading software

[@edmltw]

Thank you for doing this. Was researching on day trading as a career path, your insights were golden. Have a great December!

[@DanielInskeep]

thanks, best of luck to you 🤙🏻

[@guidetonorway]

Very well made. Keep it up. Looking forward to see next month when you go red to green!

[@stepanvoracek8269]

Based on your first video I also tried trading futures with $1000 and it was literally the same situation as you just described here. Wins too small, losses too big. I withdrew whatever was left after I lost almost half of my account in 60 seconds. Can't wait for the next video tho!!

[@ialsogothelpfromzeddhackso6544]

Thanks ~

[@FlareTooth]

It's always interesting to see the full experience and perspective of this kind of stuff, keep up the good work.

[@Noah_ffiliation]

Been watching for a while and almost ready to take the dive. I’m glad I went the paper trading route first and took a few months to practice and develop my strategies! thank you for the knowledge Daniel!

[@DanielInskeep]

smart move!

[@woutdelathouwer4653]

hey what platform do you use for papertrading?

[@DanielInskeep]

@@woutdelathouwer4653 it depends on where you live. i use td ameritrade, so i would go with that, but they are limited on the countries they allow users from.

[@woutdelathouwer4653]

@@DanielInskeep yeah i live in belgium but i wanna trade on the american marjet as theres usually more volume and oppurtunities.

[@undauntable6456]

@@woutdelathouwer4653 Try etoro. You can buy fractions of a share as long as you spend more than 50 euro. They also have a fake account option which I would advise practicing on till you can prove that you are profitable. They also dont allow scalping and I honestly wouldn't advise day trading anyway. Try to learn swing trading. Very few people are profitable with day trading and the wash sale can kill you in tax so swing trade or position trade. Leave the day trading to the junkies

[@treyguy8814]

LETS GOOOOOOOOO. IVE BEEN WANTING THIS VIDEO SINCE I SAW THE FIRST. Especially since I've been getting into futures trading recently

[@danielkinman838]

Nice content! The best way to find that balance between saving and living is by investing, This way you get to have your saving intact and then live comfortably off the revenue coming in from your investments

[@danielkinman838]

I’m not in a position to guide you, You just got to find the best investment and find a strategy that works for you or better still find yourself an investment adviser who'd help you trade and control your portfolio, with their knowledge and experience you’d earn very good revenue

[@albertosobrinho6878]

@@danielkinman838 This seems more like putting your savings in an investment company rather than the bank, I think because you'd earn a better revenue than the annual interest value you could get while saving in the bank. WOW! this is really an eye opener, could you recommend an IA please? I would really appreciate that

[@danielkinman838]

Few years before I got to decipher the market myself I worked with an IA, SARA CAMILLA. She traded my $90k portfolio into $220k and I learnt a lot of things I know today from her

[@danielkinman838]

@Diana Crocker Look up with her name on TE LE GRAM with her name spelt together. she's a registered broker

[@federicoteso2692]

Not if the money loses its worth faster than what your interest is! Crazy times coming up! The entire money system will be crashing within the next 24 months!

[@wunder9245]

Phenomenal video. Rarely do people show this side like the way you did. Big ups to you

[@doireallyhavetotellyou7341]

Watching this reminded me of mistakes I still make and how easy it is to get cut winners short and losers run all due to fear. I'm however working hard on better disciplines and mindset. Thank you for this video🙌😀

[@stevenhull5025]

Fear is why most traders lose. Placing stop losses too close to your trade will be deliberately hit as to knock you out of the game. Fortune only favours the brave. The higher the risk the higher the reward and the reverse is true.

[@sonny9390]

This is painfully truthful to my experience doing day trading on paper accounts with small amounts of money

[@furkatkochkarov546]

Daniel, I truly appreciate that you shared your live trading results. Many traders would cherry pick their best trades to attract attention and get more views but that is not the reality of trading. What you did my friend and showed all your trades is the reality. Thank you and good luck in your trading journey.

[@DanielInskeep]

🙏🏻

[@Monoxify]

bro's very genuine and human, something rare to see on yt.

[@stephenrmmaher5047]

Always be quick and aggressive. Don't wait for profits, cut on profit and move to the next trade. If you must purchase high shares to incorporate fees then go with 25 and 50 shares on anything that falls under a pinksheet list, then 10 to 20 shares on high cap stocks "bluesheets" though trading is highly risky and you must except your losses

[@aron5377]

Professional traders almost uniformly say to let your profits run and cut your losses short because of risk-reward asymmetry. So meaby people shouldn't listen to uninformed youtube comments.

[@srf2112]

I'm learning options trading currently. I am going nowhere near day trading for the foreseeable future. This was a great video on the harsh realities of this type of trading and not just a cherrypicked video to convince me to go out and lose money. Thank you.

[@AltcoinD..]

Thanks for watching Hit me up there ☝️☝️. There are profitable nods and patterns I’d love to show you.

[@joey155]

This is a good video. Glad you used trading strategies instead of going in with nothing. I learned over the past few months that you have to be disciplined and stick to a strategy that you have backtested and are confident in. Also to stay on a certain stock or trading pair that works with that strategy. Definitely make a video on that. Love the vids

[@crimsonpirate1710]

Ive been trading since 1996. Seen it all. Some rules. Dont trade below 4hr time frame. Dont day trade. Dont use confusing technical indicators proven not to work. The rest is up to you to work out. You made a good video. No lies. Just reality. Hope it helps those looking for some answers. People, dont think you can trade and make money after a few months. Listen to me. It takes YEARS to learn. There is no easy shortcut.

[@fernandososa2729]

great video man, i love the transparency. honestly over trading is a big issue and it’s highlighted here. all you really need is 1-2 good trades a day with high probability and you’ll be fine, protect capital at all costs

[@DanielInskeep]

yep!

[@dhallpro]

Very realistic video of a newbie trading a small account. Takes most years to be successful and most give up.

[@stephenwrightmusic]

Daniel, nice video. Good on you for recognizing where your mistakes were and not just blaming the market like a lot of us do. I still like to blame Powell for everything whenever he does his speeches though. Overtrading on the micros is definitely a good way to destroy a small account. One of the things I found that helped me was in using higher time frames. I've programmed my own strategies at this point, tailored to individual instruments and timeframes because I'm a nerd that way, so for the most part I'm on autopilot. Mostly I stick to MES and MCL. Absolutely terrible at MGC though, haven't figured out a way that I like to trade that yet.

[@lemmelone5141]

Your first video got me into trading futures in the first place! Excited to see the sequel!

[@minotaurfinance3395]

I’m glad there are people out there like you Daniel that risk $1,000 to teach the world about risky investments

[@bilelazizi3798]

One of the best and trusted channels keep going man we will support u 🔥🔥🔥

[@jvmesbrooks]

Hey Daniel, I truly appreciate this video. Makes me feel like I'm not alone. Trading is a huge learning curve and mostly mental which is extremely tough. Think about how hard it is to implement a habit into your lifestyle. It's similar to correcting trading mistakes. I'm on that journey of correction myself! cheers

[@MartinSeptimII]

Same here, hope the markets are doing well for you bro

[@Sam-im5pb]

Transparency alone deserves a like!

[@_Phyro]

Great stuff man! I'm a trader outside of the U.S and do CFD's. I'm always shocked to see the fees that go with American platforms. I take my hat off to American traders. Great that you're showing the struggles and dangers that come along with trading and that it isn't as easy as some make it look. Wish you the best moving forward!

[@itskozeh465]

hey man just got a question please I thought when ever someone trade they win when the chart goes up not down so why was he wining money when the chart goes down (red)

[@drsgme69]

@@itskozeh465 he was shorting

[@horsemouthjones9060]

@@itskozeh465 You can sell as well as buy. It's not a one street.

[@epartsacc]

You seem like a really genuine person. Thanks for sharing your losses, it makes all of us feel better.

[@RotterStudios]

I'm DONE trading. I could wait hours to get in and as soon as I do IT GOES IN THE OTHER DIRECTION EVERY SINGLE TIME. I lost way too much, regardless if I trade micros or whatever. Good video.

[@DanielInskeep]

i feel that

[@junkjunk2493]

hey dan , thx for your work , bless you too smart man learns from his mistakes wise man learns from others mistakes 63yr old seeker still trying

[@jessicamoore3093]

[@jameswood9772]

[@viviangall1786]

[@chris-pj7rk]

[@bobbygunz9254]

@@chris-pj7rk

[@samp2185]

This is a win in my book. This was so enlightening thanks

[@paco3653]

Great video Daniel, really enjoy seeing challenges like this! Those fees really did kill you though my man, if I remember correctly last time you paid about 100 dollars for a membership with no fees so maybe int he future that is the way to go. Overall was a really good video and can't wait for the next.

[@THEMASTER-vi5fq]

Love the day trading videos, more the better.

[@mtbmoose818]

lol literally just watched the first video the other day. good timing.

[@lsudx479]

I appreciate how he learned from his mistakes the first time and that he's sharing his experience with the public.

[@kathleenstoner.n7499]

Legends to embrace if you want to get rich investing Danny and Gary Joe Wilde.

[@Brussardjnr]

Graham too. Don't know why Gary Joe Wilde chose not to own a video channel here like other pros. He is older and even more advanced.

[@sakhalittle9206]

@@Brussardjnr He is simply obeying regulations he is not permitted to own or operate an investing video channel.

[@SnoopingDope]

Thank you for the honesty bro! I watched your first video as well, you got better (aka got cautious). Looking forward to you double your 1000$

[@justdoitevelson]

I was highly looking forward to this video since the last one. & I can't count how many times I've closed a winning trade because I was afraid to lose. SMH.

[@DanielInskeep]

i hate it

[@ianbuckley7274]

Thank you for your honesty and showing your trades both good or bad, It is so good to know its not just me. It gave me a great deal of inspiration

[@AltcoinD..]

Thanks for watching Hit me up there ☝️☝️. There are profitable nods and patterns I’d love to show you..

[@iWill__92]

My question is, why don't you use trailing stops more? When you're up on a trade why not set a TSTOP and let it ride stopping you out at a comfortable profit? If you need more of an explanation feel free to reach out. Love your content bro! Edit: What trading platform do you use?

[@chrisrml-fn8nt]

I find if you're narrow the wicks stop you out, you have to be so wide you miss quite a bit of the movement. They certainly take the stress off though!

[@qijunleo104]

I usually don't comment on videos, but i love how authentic and honest you are. You've put in so much effort and I wanna commend you on making such incredible content - cheer up! I'm sure with the reflection you've been doing, you'll be a great trader in no time! But your skill is honestly in creating great content, so chin up and keep up the great work!

[@moj5931]

Takes a lot to make video like this, but we can all appreciate your effort and time! By making this video, you're helping a lot of people in their journey of trading, thank you! All the best and keep going!

[@TheRollupCo]

So useful, thanks for your analysis, good job

[@heidendragoon]

i just like your voice for narrating xD

[@silk2322]

Thanks you most likely saved a lot of us so much money. I was curious to try it, but you showed how even an intelligent person with more knowledge still struggles to come out above water. Also I was not aware of how high the fees were.

[@Siegefya]

Lol you think the fees on tradovate are bad? Look at TD Ameritrades fees to trade futures, ntm they require full margin. So expensive on both sides, only thing you save on is data which is practically nothing anyways...ntm their data lags slightly.

[@ChrisMullerpr]

$spy is much more interesting challenge. i can''t relate with the futures. i appreciate your video though. always thorough.

[@tejiriziregbe1816]

Love the transparency, a lot of traders hide their loses. And no I haven’t seen the part one, going there now

[@NewLightVista]

Honestly I've had the most difficult time trading micro contracts due to the required points to beat commissions. Scalping mini's is so much easier and more beneficial

[@KillerLollipop1]

for sure, scalping micros is never worth it

[@_dojo_6427]

Yo! Been in this situation. Solution is very easy. Just set a restriction in number of trades to 5 a day. This will force you to take high probability trades and work on your discipline. Keep it up for three months, and you will be succesfull. Bank the profit, walk away, and trade the next day! It will be so hard in your discipline!!

[@katlehosuping5663]

It was me, Daniel gave me $800

[@arboristribbit9190]

I’ve been trading futures for over a year. Awesome content.

[@sakhalittle9206]

❤ You and Gary Joe Wilde are highly recommendable investing coaches every investor who wants to get rich investing must work with and embrace closely. Unfortunately, don't know why Gary chose not to own a video channel here like other experts. He is long-established and very advanced in the field.

[@Brussardjnr]

Cardone too. Btw, Gary Joe Wilde is SEC regulated. They aren't permitted to own or operate an Investing video channel.

[@pizzaguy7998]

@@Brussardjnr Any idea how I can reach Gary and his charges. I Love the testimonies I have seen about him by people on cnbc make it.

[@kathleenstoner.n7499]

@Sonya Ken Same here wish I knew him before the crash.

[@cacsoccer101]

Failure is only that if you don't learn from it. As you mentioned, you see your mistakes. To me, I see that as an educational opportunity that makes you better, not a failure. Keep doing the demos and learning to take the emotions out of it. It's like gambling, you don't buy in with money you can't burn and not miss.

[@emilioking69]

I like the honesty on this video. Trading is very difficult and it’s a mental game too. I am going to do paper trading instead until I get good at trading. Good luck 👍

[@bijportal5643]

The honesty in your video's is sure real fam 🙌🏾🙌🏾 thank you for showing us the real side of trading

[@9999Deezy]

I commend you for this video great stuff! There’s definitely better platforms to trade on that aren’t taking fees like that. $400 in fees? That’s outrageous. If you used a forex style broker you would have nowhere near the same amount of fees for your scalpe trading style.

[@fraserhowison7130]

Awesome video man, love the trading content

[@Enormous_Empire]

Brokerage fees is too high to be profitable

[@SupportTheLittleGuy]

Thanks for another one, awesome cause I just watched the first one!!