[00:01] a career trader, a successful trader? successful trader? [Music] Nice to meet you,
[00:17] my name is Rico Sena, I've been in this market for over seven years, I can help you with your decision. Let's go, first thing we need to understand what trading is, right? Trading is nothing more than negotiating. Trading in
[00:29] English means negotiating, doing business. It's like, for example, you're a clothing salesman, a car salesman, or maybe even an insurance salesman, right? These people have something in common, what are they doing? They
[00:44] 're doing a trade, a negotiation. We also do negotiation in the financial market, but what do we sell? What do we negotiate? There are several assets that we end up trading in the market, such as
[00:57] stocks, indices, commodities, currencies (the famous exchange rate), cryptocurrencies, so there are several assets that we can trade. enter the financial market, to choose an asset, and specifically an asset that
[01:14] has a little more speed, especially if you're going to especially if you're going to day trade. I, for example, like to operate; I specialize in a market called the foreign exchange market, the
[01:26] currency exchange market.  Why did I choose this market more? Precisely because of the volatility. Day trading, in particular, profits from small price variations, right? And for the price to vary, it needs a
[01:39] certain volatility, and the foreign exchange market has this characteristic a little markets. Not that other markets don't have intense volatility; they do, for example, Tesla, Microsoft, Apple stocks, even here in
[01:55] Brazil we have very important stocks like Petrobras, gold, oil, etc. But I prefer trading the foreign exchange market. I even suggest that you, especially if you're consider a market with a
[02:09] interesting volatility so that you profit from the oscillation and variation in price. So you understand that trading is a business, and we trade financial assets. trade financial assets. In the past, to trade financial assets,
[02:22] we needed to call on the phone, talk to a trading desk operator, or someone to mediate the operation, and we could buy or sell a certain financial asset. Today, with technology on
[02:35] our side, we can do this either in the office or even at home, and many times some people even do it on their cell phones.  Damn, rich, but it seems complex, right? Seeing all those charts, those numbers going up
[02:47] and down, it seems complex, but it's not really. When you start to understand how trading works, it starts to become a little more natural for you, just like when you look at a
[03:01] car and there's a mechanic working on all those parts, you think, "Wow, man, it seems complex to understand where it's coming from," right? Even a doctor when they're performing surgery on a body, you find it complex to
[03:14] understand all those veins, but for the professional, it's already a little more natural. So what you need to do is immerse yourself in this universe. I think here to discover, right, with curiosity, what it means to be a trader? So, a trader
[03:29] is nothing more than a dealer of financial assets in the financial market. Okay, so what is day trading? Well, day trading is nothing more than trading assets on the same day. As a professional trader, I'm
[03:43] in the market every single day, every single day from Monday to Friday, I'm doing business in the market, right? And that's exactly what you'll be doing if you're looking for a profession.  So, Day Trader, the English "Day" means day, and "
[03:57] Trader" means to trade. Therefore, we trade during the day. To truly characterize Day trading, we need to open an order and close that order on the same day. There are situations where we open an order and close it in 30 seconds, one minute,
[04:09] five minutes, 10 minutes, 15, or 20 minutes. But it's important to characterize your Day trading operation that you open an order one hour ago and close it on the same day. Seriously, I can buy an asset today and sell it on the same day,
[04:23] exactly. And that valuation will make me money. Exactly, I you understand. Let's imagine I bought the US dollar at R$10, for example, a very symbolic example just so you understand. So I bought the
[04:36] dollar at R$10, and I need that dollar to rise, to appreciate. If I bought it, I need it to appreciate so that I profit from the appreciation. So, if I bought it, I want to sell at a higher price, correct? I bought at 10, and when the
[04:51] market, for example, the dollar reached 10.50, for example, I do...  So, I can sell this dollar at 10.50, so I bought it at 10 and sold it at 10.50, so I had an appreciation, correct? So I made money on this appreciation. You earn 50
[05:05] cents? No, that will depend on the size of the lot or the amount of investment you made. It doesn't mean you bought just one lot or a recovery of R$10, right? To earn
[05:19] no, that will depend a lot on the number of lots. Okay, but this small variation, depending on the number of lots you traded, depending on the size of your position, will give you a very interesting, very
[05:32] relevant financial value. Just this small variation. And the most interesting thing is that being a Trader or Day Trader in the financial market is not only about profiting from the appreciation of assets, it's about being able to profit both when an asset gains value in the
[05:47] market and when it loses value in the market. Seriously, rich, strange, I've never heard of that. Exactly, we profit both from the appreciation of an asset and from the depreciation of the asset. What you need to do is understand if the market
[06:01] will go up or down, so through charts, for example.  We read this chart and through some graphical figures and some chart tricks, we understand that the market will depreciate, for example, it will fall
[06:14] instead of rising and lose value. So, as I said, I can indeed make a sell operation in the market, for example, seeing the discovery, of the dollar, for example, and make money from the fall of the dollar, not only from the
[06:28] appreciation. I can profit from both appreciation and depreciation, which is the most important thing and gives us more possibilities, more opportunities. To give you an idea, great fortunes in the
[06:42] financial market have been made through opportunities like this. For example, we have a very practical example of this, which was precisely the pandemic. During the pandemic, many assets lost value in the financial market, many stocks, for example,
[06:55] lost value in the financial market, and some traders managed to take advantage of this moment in the financial market to make money from the fall in assets. And that's what you can do too. What was interesting to
[07:07] me was just buying the assets; there are also categories there, profiles that financial market that also allow you to profit. Asset appreciation, which we call " by road," but we'll leave that
[07:22] for another video. Many people associate day trading, and the financial market itself, with something glamorous, and there really is a glamorous side to it all. The financial market deals with
[07:37] money 24 hours a day. To give you an idea, the foreign exchange market, the is the market that turns over trillions of dollars a day, right? That's a lot of trillions of dollars a day, right? That's a lot of money, and it's a gigantic market.
[07:51] As a day trader, I can take advantage of a gigantic market like that to make money. Now, don't be fooled, okay? Don't be fooled, because we 're always attracted to the positive side, and that's normal for humans, right? But the
[08:05] financial market does have its glamorous side. But it's very dangerous for those who don't know what they're doing. So what I advise you, especially you who are starting out, is not to start with both feet in the door all at once. You have
[08:17] to understand first the market you 're entering, what you need to do to succeed.  To protect, for example, from a loss of capital, because eventually it will happen, right? There are people who come here venturing out
[08:30] thinking it's all sunshine and rainbows and really put all their energy, strength, and financial resources into the variable income market and end up losing money, right? And they end up in the statistics that we know many people who
[08:43] enter day trading without any extortion end up losing money, right? And I don't video to help you really understand correctly how you're going to start your journey as a day trader. The first step is to
[08:58] make a decision. The second step is to understand correctly, to put both feet on the ground, that the market is a market where it's entirely possible to make money, but also, if you don't know what you're doing, you'll give
[09:10] market. And what do you need to be a trader? Well, to be a trader initially you'll need a cell phone with internet access, preferably a computer, because I think a computer will give
[09:24] see the best opportunities through the platforms, right? But initially, if you don't have a computer, you can still take What you need is a smartphone or a computer with
[09:39] internet access, okay? And I don't need 10,000 screens like most professional traders have? No, you don't need that many screens like many professionals have. It's important that you have,
[09:52] as your career grows, you can invest in a setup, in something a little more refined, to increase your possibilities, your market reading. Okay, but that's a topic for later. Today you'll
[10:05] only care about having internet access, a device with internet access, so you can start taking your first steps in the financial market. The second step is to find a brokerage firm. The
[10:18] your journey. For example, in the market I work with, which is the Forex market, and the binary options market, I have a brokerage firm that I I'll leave the link to below for you to register with. It's
[10:31] totally free. You'll click on the link below and you'll Even when you register with this brokerage firm...  The first deposit. How wonderful! For example, if you deposited R$1,000, you
[10:44] can earn an additional R$500 bonus. So instead of having R$1,000 in your brokerage balance, you would have R$1,500. You just need to apply the code written below in the description to get this bonus. Okay, but let's go
[10:57] back here. The third step is choosing the market you will operate in. Whether it's the Forex market, the currency market, binary options, the index market, the binary options, the index market, the dollar market, the stock market, or the
[11:11] obligated to choose just one market? No, you can operate in several, even all of them. I, for example, am a trader who operates in several markets, but you'll get used to that over time. Initially, I suggest you focus
[11:25] understand where you're going. Okay, you've chosen the broker, you've chosen the market. Now we need a strategy. A strategy? A strategy for buying and selling assets, a trigger to enter the market.
[11:38] Through some specific strategy, because there are practically a million various strategies, and you can choose a simple one because there are very complex strategies, but a simple strategy will help you start
[11:52] understanding how market dynamics work. The very simple strategy to help you take your first steps. Okay, so while we're at it, we need to do something called Risk Management.
[12:04] Because, as I told you, nothing is 100% in the market, and there are risks of making a mistake in a trade and consequently losing money. To avoid the risk of losing capital, we have something
[12:18] called Risk Management. Risk suggestion is also your friend throughout the entire process; it will help you make money and also limit your losses. And lastly, and most importantly, is understanding how a
[12:32] trader's mind works, understanding the mindset of a needs to have a very entrepreneurial mindset because, whether you like it or not, this is your business. You don't need absolutely anyone to
[12:45] develop in this business; it's you and your computer, or you and your cell phone. Meritocracy really works very well within this business.  Okay, so if you have a very good market vision, a very well-established strategy,
[12:57] very efficient risk management, and you have discipline, a well-structured training plan, and the mindset I'm talking about to be a trader, then for sure, the chances of you becoming a successful trader are
[13:12] of you becoming a successful trader are high, very high. Now, who trading for? It's for those people who maybe don't like selling things to others, for example, don't like that kind of public access. Maybe it's
[13:27] for those who like having freedom of time because you can trade at any time of day; there are markets that, for example, operate 24 hours a day, to give you an idea. It's also for those people who aren't afraid to
[13:40] take risks. It's also for those people who want to have quality time with their family, for example. It's also for those people who have the possibility of earning a little more, maybe aren't happy with
[13:55] stability and need to break through that barrier of stability to perhaps reach even higher financial levels. Well, if you've watched this video this far and understand what day trading really is, what you're looking for in your
[14:08] career, welcome to our universe. It's a very...  That's great, I 'm sure you'll love it, but be very careful because once you're in here, it 's very difficult to leave. You know, being a trader once will be
[14:21] forever. Well, if you come to this market and really decide to come to this market, I can try to help you build a solid career there. Try to always stick to the genuine people in this market,
[14:34] people who will help you grow and develop in your career as a trader. When I started, I felt a lack of that. I had specific people to whom I am eternally grateful, and
[14:47] without them, I might not even be here talking to you now. So I feel obligated to pass this on to you as well. to myself because I know that, just like I started, there are many other people
[15:01] starting this trading career, and I'm sure they will very successful, millionaire traders. I'm sure of that, and that's what are starting and watching this video now. Okay, if you liked this video,
[15:16] below what you thought of this video, what you think about the trading profession, if you're afraid, or if you're not. Okay, I'll try to help you in this process. try to help you in this process.
[15:29] you can join for free). I share a lot of content there throughout the day, and we even trade live. So go ahead, I hope to see you there! Big hug, bye bye!