All You Need to Know About Day Trading Part 1

Your humble host Jerremy Alexander Newsome goes over realistic expectations of day trading along with the most successful and easy to use strategies, systems, methods and set ups that have created consistent profits for Real Life Traders from all over the world.
His system is focusing on gaps, their emotion and the why they work and how to day trade them. This easy to grasp teaching style is perfect for any beginning trader.
Feel free to visit our webpage for GOBS of other goodies. www.reallifetrading.com
Here are the links mentioned in the videos also.
Gap Up 'scanner' www.barchart.com/stocks/gapup.php
Gap Down 'scanner' www.barchart.com/stocks/gapdow...
Pre-Market thestockmarketwatch.com/market...

[@rodbrown42]

Thanks for this Jerremy. I appreciate your generous, genuine personality here. This information is basic, easy, obvious but eludes us, those trying too hard to make it in this business. This includes me. With a personal background in psychology I can tell you your incite on these gaps makes total sense. I will recommend these videos to everyone looking for the how/why/technicals of trading ... and your reading candle stick/reversal videosis great, too. They are all great foundational trading stuff useful to learn so I'll prob watch this series a few more times.

[@RealLifeTrading]

Thank you SO much for the kind words and taking the time to write them. :-) I hope it helps. Keep me posted on your trading progress, okay?

[@rodbrown42]

Not making anything. I need an edge so I can may positive R. I hope and pray I can turn this around because this is what I want to do for a living.

[@RealLifeTrading]

+rodbrown42 email me at [e-mail] Let's look over your past trades and see what kind of plan we can build for ya!

[@walterharris7866]

Thank you so much for training help 🙏🏿🙏🏿🙏🏿

[@RealLifeTrading]

My pleasure brother

[@howiedick6857]

Jeremy, i absolutely love your videos you savage.

[@RealLifeTrading]

Howard Dixon Hahahaha!!! Thanks bud ;)

[@sushantroshan3179]

Best trading content on internet :)

[@RealLifeTrading]

THANK YOU!

[@duhhawaiian]

awesome Jeremy. Thank you!!!

[@RealLifeTrading]

My pleasure!

[@SHOsaAl]

It’s a great 👍 Waiting for the part 2

[@RealLifeTrading]

NO NEED to wait = kzbin.info/www/bejne/mIW6qaCXq7ybh80 go here! :)

[@deesimpson8809]

I WILL get this Jerremy!

[@RealLifeTrading]

Dee Simpson yes you will!!! You'll be amazing at it too! Let me know anytime you have a question! =]

[@robsmith249]

youre awesome ty just followed you on twitter (y) wanna day trade and sell covered calls on cheap stocks myself your vids are awesome ty!

[@RealLifeTrading]

Excellent. I appreciate that Rob! Keep me posted with any questions you have! :)

[@lukegrubb4850]

thank you for this!

[@RealLifeTrading]

Luke Grubb My pleasure! Thank you for watching :)

[@venugopal4359]

yo jerremy awesome videos...loved it... part 3 is missing please upload it

[@RealLifeTrading]

Hi Venu! Go here = kzbin.info/www/bejne/mIW6qaCXq7ybh80 and watch all 4. :-)

[@venugopal4359]

@@RealLifeTrading thanx jerremy...i really like your way of teaching...thank you... please make videos on order flow analysis and market profile God bless you for your work...Thank you once again buddy

[@RealLifeTrading]

@@venugopal4359 Thank you for your kind words. I am not a specialist in order flows or market profiles. That's not what I personally use for trading.. :)

[@mauriciomoreno5818]

Awesome!

[@RealLifeTrading]

Thanks for commenting

[@bennicholson5624]

Great Video, although I've been going over babypips and I'm kinda lost now between what you say and what babypips says

[@RealLifeTrading]

Well, babypips is FX (If I'm not mistaken) 2 different markets. ;-)

[@realloreal]

so much to learn and understand.

[@RealLifeTrading]

Here to help with any questions you have!

[@realloreal]

Always come back to the "basics"..

[@PrivacyKingdoms]

what is the best way to play the retest gap ? do you wait for the retest and then put a position then because you know that a continuation in the direction of the gap will follow?\

[@RealLifeTrading]

+gains Correct. I usually wait for a bounce and retest off of the 10 ema on the 5 min or 15 min. If you want, my trading room is OPEN and FREE for everyone this week. I suggest you getting in there (if you aren't already) Here is your link for the morning room. reallifetrading.clickwebinar.com/The_Trading_Floor_-_Morning/register?_ga=1.29709688.611343428.1436792052 It is 9 am - 2 pm Eastern Monday - Friday.

[@Christian-wq8im]

You have a great video and explanation, but I am having trouble understanding "the traders" entry point. Where is the move being made?

[@ecliptrk1577]

If what your saying is what is a traders entry point, Then that's the price you enter your trade at🤙😁

[@RealLifeTrading]

Thanks

[@forexmentor6914]

i don't know how i thank you....really you did a great job Sir... how can i contact with you to talk to you about trading?? #Real Life Trading

[@RealLifeTrading]

Thanks for the comment

[@josephfacada2234]

You trade small cap stocks?

[@RealLifeTrading]

SURE!

[@alexagario1539]

Questions What do you think of day trading monthly options 15 to 30 days to expiration ( buying calls and puts not selling) I feel that I have been more successful with buying them and making quick small profits like scalping since time decay does not affect much if your not holding them and I mean strictly buying and selling them at the end of business day max. Whats your opinion? Should I focus on 10 stocks and just learn them until I know the ins and outs to have a better understanding of what the stock is doing? New traders are not easily accepted to sell options or spread how do you over come this? thinkorswim did not approved me for it. Risk and reward does it really matter what is your risk if is always the same? example apple is trading at $9.50 and the support is at 9 and the resistant is at 9.90. if i buy a call it hits target than it will be 40 cents. if you it does not than I ll just get out at my R and move on.. how do you over come the choppiness of the 5 minutes charts? Thanks for your help From Brasil.

[@RealLifeTrading]

Amazing questions! Thanks for asking. I actually did a video on trading weekly options. Let me know if this answers your questions! :) kzbin.info/www/bejne/n4Wnl36ZdrllnNU

[@alexagario1539]

+Real Life Trading I did watch the video thanks, but in this video you talk about weekly options and not monthly options. Also when day trading what is the max you will stay on a trade. I know it depends but also do you have a max? What do you think of scalping with options aand do you rather day trade monthly options or weekly options or penny stocks? I dont ask about regular stocks because it takes to much capital and I am not at that level lol. Thank you !

[@RealLifeTrading]

I do not day trade monthly options. I only swing trade them. I got a few videos on that if needed. The max I'll stay in a day trade? That day. So, until 3:59 pm Eastern. I only hold a 'day trade' as a swing, if I planned to swing trade it before I got into the trade. Never trade penny stocks. Ever. Ever. They are expensive lottery tickets and no professional trader actually trades them. They are manipulated easily and not regulated. :)

[@gregoryyoungjr7061]

GOLD MINE BROTHER

[@letsgetreal4752]

always go back to the basics when your confused!!!

[@RealLifeTrading]

yup

[@DojiDude]

Hi where is the 3rd video? Thanks

[@RealLifeTrading]

Tutorials&Lurning I've redone the series. :) Here's the most recent classes, all 4 of them: ;) kzbin.info/aero/PLJAEKq6_6huyw8R-LhnXsOP8iYY0W-jDb

[@devinhatt8365]

Ur a good guy I fuckin love you

[@RealLifeTrading]

Thanks for commenting

[@goldenboy4887]

The system works 50-50? So, it doesn't work? (around 19:30)

[@RealLifeTrading]

+goldenboy48 Michael Jordan shot 50% from the court. ;-) With proper risk mitigation you absolutely can be profitable and maintain a solid growth trading 50/50. : ) Here's a math fact. IF you lose $1.00 on 50% of your trades and you make $2.00 on 50% of your trades, you'll be profitable. : ) Thanks for the reply!

[@goldenboy4887]

+Real Life Trading So a coin toss is equally as effective?

[@RealLifeTrading]

Well, I've never personally tried it, but sure. :-) The math fits. Back trade that theory and let me know if it works. The key in ALL investments though, is always risk:reward. Just lose less than you gain over time.

[@aafreenalpha5460]

Is it possible to get straight to the point instead of endless examples ???

[@RealLifeTrading]

Aafreen Alpha "The point, often lies within the example" Chinese proverb

[@peterdavidhallam]

So it looks like all of the examples here couldn't actually be traded in real time because it wouldn't be possible to know if the candle was a "gap and go" or a "retest" until the day after the gap was identified. By which point it is too late to trade.

[@RealLifeTrading]

Peter Hallam Hi Peter. So, As I’m sure you know, stocks move post market. You’ll know a stock is gapping BEFORE market open with gap scanners. :)

[@peterdavidhallam]

@@RealLifeTrading I am not saying you won't know if it has gapped up/down or not. I am saying you can't know if it is a "gap and go" or a "retest" until the day after.

[@RealLifeTrading]

Peter Hallam Valid question, but wrong. Since I gave it those titles, I know. Lol!!! It’s the sentiment of the gap. NOT the candle color after the gap

[@RealLifeTrading]

Peter Hallam I bet this will help = reallifetrading.com/articles/gap-cheat-sheet

[@RealLifeTrading]

Peter Hallam And also - watch this video to see my recently analyze gaps before market open = reallifetrading.com/articles/how-to-day-trade-when-the-market-is-down-huge/

[@josephfacada2234]

You heard of warrior trading he turned $500-100k in 6 months

[@RealLifeTrading]

I have indeed. I've read and heard a lot of things on the internet - I don't believe them all though. ;-) It's not hard to make money 'trading' when you make a lot of money on the side from selling programs. ;) But - Ross is an amazing trader. I do not doubt that at all. My approach is less about 'how much money you'll make and more about how to protect what you do make'. Which is simply more realistic for MOST traders and people.

[@daddydigger6954]

So it's only a 50/50 chance?

[@RealLifeTrading]

Eric Ellis pretty much.. as long as you lose less money than you make, you can be profitable!

[@daddydigger6954]

I've been trading for about a month and have't had very much successes, i really like trading but am worried about it not having a chance.

[@RealLifeTrading]

Eric Ellis let me rephrase. "I've been going to medical school for a month and they won't let me perform surgery and a live person." ;) Haha. It's going to time buddy. I would encourage you to email me OR post to our FB page - and show me the day trades you are taking and let's see what tweaks we can make! =] JN

[@daddydigger6954]

lol, thats a good way to put it i guess.yeah ill have to do that next week. Thank You!

[@SamuraiUploads]

Hahhaaha teachers being paid too little bs

[@RealLifeTrading]

Thanks for commenting

[@aafreenalpha5460]

had to just literally drop watching it !!! Wasted my time for nothing !

[@RealLifeTrading]

Thanks for the comment