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Day Trading with No Experience: Full Breakdown & Transcript

I Tried Day Trading with No Experience

0h 08m video Published Oct 15, 2021 Transcribed Aug 28, 2026 M Mike Shake
Beginner 5 min read For: Individuals curious about day trading, especially beginners, and those interested in personal finance challenges.
AI Trust Score 45/100
๐Ÿšซ Clickbait / Waste of Time

"The title promises a day trading experiment, but the video is more of a vlog with a charitable twist, padded with a sponsor segment and emotional appeals."

AI Summary

The video documents a novice's attempt to turn $100 into $10,000 through day trading, despite having no prior experience. The creator experiments with leverage, faces significant losses, and ultimately donates the remaining funds to various charitable causes, including a child's medical treatment.

[00:03]
Motivation and Initial Setup

The creator starts with $100, motivated by a desire to raise $10,000 for a sick child. He acknowledges his lack of experience and decides to analyze the market and follow advice from professional day traders.

[01:13]
Basics of Trading Explained

The creator explains basic trading: buying crypto at a certain price, making money if the price goes up (green) and losing if it goes down (red). He emphasizes that trades are not random but based on techniques to predict price movements.

[01:39]
First Trade Success

The creator makes his first profitable trade, buying at $2911 and selling at $2928, earning $1. This initial success boosts his confidence, but he notes it will be a long challenge.

[02:23]
Rapid Losses and Realization

After a series of quick trades, the creator experiences significant losses, losing money within 3 hours. He realizes the volatility and risk involved, especially when using leverage.

[02:36]
Understanding Leverage

The creator explains leverage: it allows trading with 3 to 10 times more money, amplifying both gains and losses. He cautions that it is dangerous and requires extreme care.

[03:04]
Attempting 5x Leverage

He sets up 5x leverage and finds an opportunity, making a few bucks. This success encourages him to try 10x leverage, but he faces technical issues (power outage) and loses the opportunity.

[04:09]
Increasing Investment

Realizing $150 is insufficient, the creator adds $1,000 of his own money, trading with $11,000 at 10x leverage, effectively controlling $10,000. He waits for the price to drop to a predicted level.

[05:14]
Aggressive Trading and Losses

After a period of waiting, the creator trades aggressively, buying and selling rapidly. However, he loses $200 in 2 hours, acknowledging that he loses money every time he trades and misses opportunities when he doesn't.

[06:07]
Sponsorship and Donation

The creator includes a sponsor segment for BlockFi, promoting their crypto savings account with up to 8% annual interest. He then donates the remaining funds to various causes, including $2,500 to Antonio for a new prosthesis and $200 each to 15 other causes, fulfilling his promise to help the sick child.

The video concludes with the creator donating the funds raised, expressing pride in the achievement despite his trading failures. He emphasizes the importance of the cause over the trading outcome and thanks his viewers for their support.

Mentioned in this Video

Study Flashcards (5)

What is leverage in trading?

easy Click to reveal answer

Leverage allows you to trade with 3 to 10 times more money than you have, amplifying both gains and losses.

02:36

What was the creator's initial investment?

easy Click to reveal answer

$100

00:03

What was the creator's goal?

medium Click to reveal answer

To turn $100 into $10,000 to donate to a sick child.

00:03

What happened when the creator used 10x leverage?

medium Click to reveal answer

He lost $200 in 2 hours of aggressive trading.

05:14

What did the creator do with the remaining funds?

medium Click to reveal answer

He donated $2,500 to Antonio for a new prosthesis and $200 each to 15 different causes.

07:06

๐Ÿ’ก Key Takeaways

๐Ÿ”ง

Leverage Explained

Provides a clear, concise explanation of a complex trading concept, making it accessible to beginners.

02:36
๐Ÿ’ก

The Reality of Trading

Honest admission of repeated losses highlights the difficulty of day trading, offering a realistic perspective.

05:14
๐Ÿ“Š

Charitable Outcome

Shows a positive use of funds, contrasting the trading failures with a meaningful donation.

07:06

[00:03] myself money can't buy happiness I've been there I mean I've never been a an ice car in the beginning I was so excited and after 1 month I was like but difference for people that really need

[00:18] it this is Marica and she just died at my same age after complications during a reserved prognosis in a pediatric the money to this kid so how am I going to do that I want to try day trading

[00:31] make millions or lose everything you have and that's why it is highly individuals that have years of experience I have literally no idea how to do it losing money is no joke so I decided to deeply analyze the market and

[00:45] following advices of the world's best professional day traders in other words little bit more knowledge about all this stuff I'm starting to actually believe this can work say through $100 in Internet I kicked out at the fearful

[01:00] thinking inside of my brain and after analyzing the markets for a possible analyzing the markets for a possible opportunity I bought I just bought I you probably still have no idea how all this stuff works and so I'm going to

[01:13] have my assistant here Mike you literally work for me explain it to you you buy a crypto at a certain price and if the price goes up you see green and you're making money while if the price goes down you see red and you're losing

[01:26] money it's not that you buy and set completely randomly but since we need to reach $10,000 I have to use a few techniques to understand when the price will go up or down and beat the market and somehow I actually managed to make

[01:39] money with the first trade all right I just sold basically bought at 2911 and I sold at 2928 which is great because now it's going down and I made $1 this is going to be a long challenge I was super excited so I made a bunch of

[01:54] quick trades after that one day trading is all about drawing lines yes over here follow these lines for some reason but you never actually know what's going to happen you just have to kind of Hope touch the line mon back up no it's sping

[02:08] back up wait now it's going down oh my God maybe I messed up my provision was money and I was almost certain the price was going to drop even more I saw green and then a huge red candle after that oh my God what is happening right now I'm

[02:23] losing so much money I need to sell absolutely I don't know what to do in absolutely I don't know what to do in the past 3 hours we made minus three change something realistically I couldn't be further from the go and so I

[02:36] dangerous thing you can do in the trading using leverage this is your money using leverage allows you to trade like if you had three to 10 times more money so if you win it's huge and if you lose it's a huge problem and since the

[02:49] Leverage is that dangerous I need to be extremely careful I just bought actually opportunities and I couldn't find a single one all the markets are going down like a freaking Pelican diving for fish which means that buying right now

[03:04] money that kid will have the money I found a way and so I set up an average of 5x before trying the 10x I almost immediately found an opportunity and this time I actually ended up making a few bucks let's freaking go now it's

[03:17] going up finally for the first time and after a bunch of quick and especially lucky trades I finally broke the $100 Mark we are making money but we're still way too slow so now I want to try to risk it all and use the 10x leverage and

[03:30] so after setting up a leverage the electricity decided to leave my house and after trying everything we realized all the building was back to the middle age no Wi-fi no internet connection there is absolutely no way for me to

[03:43] know if I'm losing or making money I need to find the Starbucks or something and then I found it really boys oh my God I'm so scared all right basically nothing happened yeah it didn't move basically so yeah I did all this for

[03:56] nothing I traded for a while and I could actually make another $50 know the only reason I'm making this video is to get that kid $10,000 and since I'm a terrible Trader probably the worst one that ever live I'm not going

[04:09] to be able to do that with $150 and so I'm going to put another $1,000 off my own money and trade with that ladies and gentlemen we have data this means I can lose money whenever I want I think I might be the first man in the history of

[04:21] this city to ever do the trading here $11,000 with a leverage of 10x it actually means that I can trade with $10,000 and having to give them I'm back I think I have one I think it is a great opportunity just to wait until the price

[04:34] bounce back up I don't know how but I'm pretty confident about it and if we can do that with $10,000 it's going to be huge we just simply have to wait and so I went back home and I waited for the price to drop at a perfect level and

[04:47] indeed the price kept going down and down down again and then up every candle you see here it's 1 hour and I've been looking at this chart for 4 hours if I buy here and the price goes actually below what I predicted trading

[05:00] with $10,000 I would be the price kept simply flying away from my prediction but I was still confident it was going to drop eventually and since my brain that I really shouldn't do I kept the buy order active and I went to sleep the

[05:14] even buy and you know it's kind of funny I traded any other crypto but not the one I chose anyways the goal was couldn't allow myself to be scared anymore it was time for me to play

[05:28] aggressively and so I did it I started buying and selling buying and selling markets everything was going according to the plans Elon Musk appeared just to shake my hand and after 2 hours of intense day trading I lost $200

[05:41] literally every single time I trade I lose money and every single time I don't trade I miss opportunities to make money I can't do this but also I can't give up the kid I had to take a break to clear my mind I've been actually failing for 3

[05:55] days and I'm starting to realize that maybe I can't do this alone and I mean you could see say donating $11,000 would be absolutely fine and you're right but my promise and give the kid all the money he needs and then suddenly

[06:07] the best day trader probably and the worst one but I'm trying to become a decent YouTuber I'm already way over the budget for this video but YouTubers get and wasting countless hours trying to ret trade the reality is that this skill

[06:21] get good at it but what if you could actually make money while doing block fight instead of not sleeping you can simply deposit your Fs in your earning money real money you can earn up to 8% per year while doing absolutely

[06:38] interest at the end of each month not only they are literally saving this giving you up to $250 worth of crypto just if you click the link in description that's insane I have my crypto there and there is

[06:52] literally no reason not to say up on block five and I absolutely love them experiment miserably fade we have have the money to reach our goal they're fake like the real one a lot of people already donated to Mar caner kids so

[07:06] first I decided to donate to a lot of different causes such as $2,500 to Antonio for a new prosis and $200 each to 15 different causes medical necessity food education and nonprofit and then obviously Marica and while I was about

[07:19] to click the button I thought about a bunch of different stuff I can't even describe you how proud I am to be able to do this and it's all thanks to you would do instead of doing videos probably not the day trader and so I

[07:32] could reach the goal all these people will probably never know who I am but I hope this money will make them feel a little better and honestly I feel way video I promise you I will become a good YouTuber at some point and if you want

[07:45] to hang out more follow me on Instagram yeah I'll see you next week with a new one [Music]

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