My 10 Essentials for Day Trading

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James Rich Young

James Rich Young

Күн бұрын

Пікірлер: 105
@themikwebber
@themikwebber Жыл бұрын
I have a 5 month old daughter who means the world to me. I need to keep a picture of her on my trading desk. Maybe that will remind me why I’m trading.
@jamesrichyoung
@jamesrichyoung Жыл бұрын
Definitely essential 👍
@ihodlpotatoes9340
@ihodlpotatoes9340 Жыл бұрын
I love the idea of printing out a sheet for the trading journal. I tend to neglect doing it after a few times it if it's in a book format. Thank you.
@jamesrichyoung
@jamesrichyoung Жыл бұрын
Yes and then I just organize them in a binder by the year.
@umapuma2136
@umapuma2136 Жыл бұрын
@@jamesrichyoung Hey man, I just discovered your channel and love it. Keep it up
@bashulto
@bashulto Жыл бұрын
Great! I used to have a sizing sheet. I just wrote code to do it automatically on TWS and it is what i now use.
@williamy3356
@williamy3356 Жыл бұрын
Great content, thanks for all the videos James. Looking forward to the next videos.
@tonysmith7554
@tonysmith7554 Жыл бұрын
I want to know what monitors your using ,and the size?
@Jdgarcia19866
@Jdgarcia19866 Жыл бұрын
could you share your traing journal is it a google sheet?
@kennedytrades
@kennedytrades Жыл бұрын
Every time I watch your videos, i think "he's living my life in the future" your son is awesome man!
@Memphis_10-f8j
@Memphis_10-f8j Жыл бұрын
Great video big bro. Hope the house is coming along nicely!
@jamesrichyoung
@jamesrichyoung Жыл бұрын
Thanks Joe! It's been at a stand still for quite some time but should get things moving again by next month
@hdlink78
@hdlink78 Жыл бұрын
James, can you share where you got your wrist pad? cannot find the same item from amazon.... appreciate.....
@adenpakaraonepat1428
@adenpakaraonepat1428 Жыл бұрын
Love the moment about the photo
@dannytetreault
@dannytetreault 22 күн бұрын
1) X-Keys pad 2) Cyber Power UPS System (backup power system/surge protector) 10 minutes of power to close out trades 3) Cell phone 4) Share Sizing table risk $500 per trade how many shares do I need to buy? 5) Calculator 6) Daily trading journal 7) RanBan Blue light protection glasses 8) Wrist pad for wrist fatigue contact point reduction 9) Trading in the Zone - Mark Douglas (psychology of trading) 10) Picture of son (what’s your reason/motivation for trading?) Thanks, bro! Crypto Man Dan
@evantfunk
@evantfunk Жыл бұрын
Honest standing desk has been great. Gets the brain working for watching orderflow and the tape.
@nareshkumar-mt8ff
@nareshkumar-mt8ff 8 ай бұрын
Great vid! Where can we find a copy of the journal template?
@okkrom
@okkrom Жыл бұрын
No affiliate links?! I want to buy everything you suggest and be just like you! On a more serious note; If you didnt think about it, you could add more power supplies to get more run time. Maybe plug your PC into one and only allow 2 screens to run on another one. Cute story about Tyson. I have a 10 months old at home and he is (almost) always happy. Even on bad days I just can't stay grumpy when he comes over and tries to reach anything and everything on my desk.
@jamesrichyoung
@jamesrichyoung Жыл бұрын
Haha thanks Elias! Yes I do have two but even if I got more I'm only adding minutes so it's fine. And congrats!
@coachkipfinance
@coachkipfinance Жыл бұрын
I really like the idea of a play sheet. With my coaching and sports background that really hit me and something I am going to put that in practice.
@pedrombaptista
@pedrombaptista Жыл бұрын
When I started to trade on Betfair back in 2007 I broke like 10 calculators when I got mad, I stumble on this video and I remembered that my calculators were just like that one small with sun energy thing. Im only a sports exchange guy but I think your videos are really good, keep up the good work. PS: dont break the calculator lel
@AM2K2
@AM2K2 Жыл бұрын
I can't find the video where you talk about this share sizing list - could you link it please?
@pinkfloyt6706
@pinkfloyt6706 Жыл бұрын
I am a full time trader and when my 18yo wannabe trader nephew asked me what it the tool I am using while trading the most I told him: calculator. He did not ask more questions, he probably thought I was making fun of him but it is true, calculator and the ruler.
@mrmonz
@mrmonz Жыл бұрын
Dang bro you have inspired me all over again. Thank you.
@andys6385
@andys6385 Жыл бұрын
can you tell us what's on the trading journal
@kinzakhalid9087
@kinzakhalid9087 Жыл бұрын
I m ur huge fan.. thanks for sharing ur knowledge and skills with us.. One request plz if you could share ur carry over list, how do u actually select stocks. Thanks once again.
@cadehaak
@cadehaak Жыл бұрын
He’s made a video on this already. Check his videos on patterns and gap stocks
@DirkDiggler-z1z
@DirkDiggler-z1z 5 ай бұрын
I know iPhone isnt optimal but I’m looking to save for a day trading setup. Desktop mainly. Very new to this but I’m enjoying it
@lightofmylife1616
@lightofmylife1616 Жыл бұрын
Any difference between elgato stream deck and X key?
@jamesrichyoung
@jamesrichyoung Жыл бұрын
Both can do the same trick but I prefer the xkeys because it's made to be held in the hand and is more customizable to your liking.
@ewlincueto
@ewlincueto Жыл бұрын
What platforms do you use and of the two, which one is your favorite and why?
@rajr-do9zy
@rajr-do9zy Ай бұрын
Wrist Pad link pls
@Mike-iq9uh
@Mike-iq9uh Жыл бұрын
Love your videos. For the X keys add on. Does your platform need to support hotkeys in order for you to use it?
@_d0ser
@_d0ser Жыл бұрын
If your platform DOESN'T support hotkeys you need a new platform.
@SirAngst
@SirAngst Жыл бұрын
Just found your channel which is crazy, but good authentic, scam free content. I enjoy your life vlogs on progress of your house etc. I am full time employed with a good job, and a couple other side hustles, but I trade 2 days a week, and I have been profitable for a couple few years now, not like you. My R is only 100. Im afraid to go any higher than that. (also becaue of time constraints mostly swing trades lately) Do you have any vids on how you set quick stops, and selling half/adding with TOS? I usually just use bracket trades on the active trader and was wondering if there is a better/quicker way to do it with that platform? Thanks.
@lexbraxman9270
@lexbraxman9270 Жыл бұрын
Love those photos!
@jamesrichyoung
@jamesrichyoung Жыл бұрын
@srirajan404
@srirajan404 Жыл бұрын
James, is Starlink available in your area for your backup Internet provider?
@crazyhead1588
@crazyhead1588 Жыл бұрын
Why m I addicted to your vids even though i know the trading shit already little bit
@CrAzYDUde2587
@CrAzYDUde2587 Жыл бұрын
Great video man! you got me interested in getting an xkey, was there a guide you followed regarding the setup for trading or did you just set it up yourself with your own ideas of what keys to set?
@ludicycle
@ludicycle Жыл бұрын
Nice videos! I like the blue blockers however you might want to try toggling to a dark screens for your charts so your pupils/eyes don't strain. It will also help with the headaches you mentioned. ☮
@Pedrotchang
@Pedrotchang Жыл бұрын
Excited to be a father someday, so #10 was awesome!
@Roger-il8iw
@Roger-il8iw Ай бұрын
I use a MacBook with the m3 purely for the battery backup. All the m chips are insanely powerful. Use a dock with 2 monitors, works great.
@otm777
@otm777 Жыл бұрын
Very practical essentials!
@LongTu167
@LongTu167 Жыл бұрын
Thanks for sharing James !!!
@laowai2000
@laowai2000 Жыл бұрын
Upsize that calculator. Something larger a lot easier and more efficient to use!
@drydessert4198
@drydessert4198 Жыл бұрын
You can get batteries that last a few hours for 500. It depends on your computer, of course. One option is to have one computer that uses less power particularly for the case of power outage. Perhaps the best in that regard at the moment would be a Macbook or Mac mini with M1/M2 CPU. Even with your regular PC and not switching off any scree, you do not need to spend 10k. Look for 'solar generator' on youtube. You don't have to actually connect solar panels. You can load them with your regular AC socket in the wall. It won't be hard to find your favorite. Just watch a few reviews. With trading income high enough, it can make sense to get a Starlink internet dish as a backup for the connection.
@WeSnapple
@WeSnapple Жыл бұрын
awesome video James!
@BankBanditzFx
@BankBanditzFx Жыл бұрын
Wheres the course at?
@tubertaa3400
@tubertaa3400 Жыл бұрын
Your 10th essential is the best. ❤
@anna2424able
@anna2424able Жыл бұрын
Another great video 😊
@views40
@views40 10 ай бұрын
SUPERB video! Thank you!!
@MrPotatoHeadFX
@MrPotatoHeadFX Жыл бұрын
You missed the most important tool... Coffee :D
@diljotsinghbatth5871
@diljotsinghbatth5871 Жыл бұрын
Hiii james how can i reach you?!
@qilingandfriends
@qilingandfriends Жыл бұрын
Why not just make a automated script and it will solve most of the hardware issue, including UPS. :)
@sabinemeier2
@sabinemeier2 Жыл бұрын
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
@stevenrice500
@stevenrice500 Жыл бұрын
Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
@travisobrien09
@travisobrien09 Жыл бұрын
Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
@dr.mohammed.erdogan
@dr.mohammed.erdogan Жыл бұрын
wow.. amazing to see others who trade with Mrs Claudia Jenkins, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
@Austin195
@Austin195 Жыл бұрын
Isn't that the same Mrs. Claudia Jenkins that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
@stevenrice500
@stevenrice500 Жыл бұрын
Please how can I contact this woman Claudia Jenkins? I will also like to invest with her
@dailydoseofshorts69
@dailydoseofshorts69 Жыл бұрын
like it very much more of this pls
@jamesrichyoung
@jamesrichyoung Жыл бұрын
👍
@asc81821able
@asc81821able Жыл бұрын
More content bro! I like it
@JonahBCarpenter
@JonahBCarpenter Жыл бұрын
My wife and kiddos is why I trade. ❤
@Thomas-lq7wr
@Thomas-lq7wr 9 ай бұрын
can you just turn off the blue light instead of wearing glasses?
@thatdudemarpodcast4410
@thatdudemarpodcast4410 8 ай бұрын
This is EPIC 👏🏾
@jakeweston8616
@jakeweston8616 Жыл бұрын
This guy makes excellent videos.
@CrAzYDUde2587
@CrAzYDUde2587 Жыл бұрын
9:10 what a smart lil guy
@LuckyPunk13
@LuckyPunk13 Жыл бұрын
let me guess.. you still don't know how to add links in screen (since you say you will add it and i can't see any) ? :D by the way great content!
@nzubeikoroha3793
@nzubeikoroha3793 10 ай бұрын
He added ir
@chancelorpalmz
@chancelorpalmz Ай бұрын
if the power goes out your internet is out and your trade is f ed and the power saver did nothing
@niapinto1160
@niapinto1160 Жыл бұрын
Please sell a course.
@thesturdygentleman
@thesturdygentleman Жыл бұрын
been trading off the newest iphone model each year, never needed anything else to day trade, even if i scalped lol🤣
@thesturdygentleman
@thesturdygentleman Жыл бұрын
you get a 200 dollar battery that give you 10 more minutes of battery, then subsequently pull out your iphone and say you can manage any trades from there lol
@3Jinx3
@3Jinx3 Жыл бұрын
tilt is all i need for daytrading)
@Locvfx
@Locvfx 9 ай бұрын
i wish you more success
@m8_981
@m8_981 Жыл бұрын
1. Essential is beeing named "rich" :P
@Doctorlockpick
@Doctorlockpick Жыл бұрын
Vertical mouse
@Zeeb-yt
@Zeeb-yt 6 ай бұрын
Backup battery, just use a stoploss.. wtf
@derekwfrazier
@derekwfrazier Жыл бұрын
6:10 😂
@TheNoctus11
@TheNoctus11 Жыл бұрын
respect
@adityapatnaik7078
@adityapatnaik7078 Жыл бұрын
you look rich and young
@irecommendtv2067
@irecommendtv2067 Жыл бұрын
Duplicate yourself, thats how you get to live forever. How? TRAINING VIDEOS 🙂. Waiting earnestly for the kickoff.
@obomasinladen
@obomasinladen Жыл бұрын
dudes still falling for the blue light glasses in 2023 😂
@TheBteam2025
@TheBteam2025 10 ай бұрын
Unreal mate, are you sure you not secretly Ben Kim from billions?
@filoniz
@filoniz 7 ай бұрын
You for got the hidden urinal.
@ivanred4497
@ivanred4497 Жыл бұрын
No bumps on my wrist! Working for 6 years already. Earning up to 50 000 per day. No glasses - they make me nervous. No special keypads - no hurry / fuss in trading. Every trade is thought over for 60 minutes at least! Desktop is not crucial for trading, you can do it on the phone without fuss. But you definitely need a big screen for technical analysis. I have Apple for training videos and reading + gaming monitor for technical analysis in Tradingview No calculators - if you can’t quickly calculate in mind your profits and losses / stop losses and take profits - you shouldn’t be in trading
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