I Tried Options Day Trading for a Week (As a Beginner)

[00:02] hundred dollars in a few seconds I have heard some outrageous claims about how today I'm gonna be trying it out I put 450 of real money into my Weeble account a beginner but obviously if I went into this with no strategy I would most

[00:17] well take it to the casino so I'm gonna need to find a strategy and perfect it weekend and if I want to be successful next week I'm gonna have to learn a strategy to help me out so let's get to learning I searched all over for

[00:30] there was so much information I needed to learn all by the end of the weekend okay so I just finished learning and am I ready to trade definitely not and here I ready to trade definitely not and here comes Tuesday already

[00:53] definitely not prepared for this but let's go make some money or probably lose it I guess I used what I had learned yesterday to take one trade I tried to take another but as you can see here my position did

[01:05] [Music] I did end up taking this trade here and made 14.65 I know I know I know so much money I ended up taking the free time I because I was not ready for what would happen in the next few days I had

[01:20] I didn't fully understand the concepts he was teaching because like what is a sweep even mean I started to understand these terms by watching his videos and would look it up on Tick Tock for a brief explanation and tomorrow will be

[01:35] day two of trading I did a lot of learning so I'm expecting to do even better tomorrow Wednesday I felt pretty confident after catching a w yesterday and I even learned a lot from watching tjr's videos as you can see I was pretty

[01:47] of my trade was going in my direction and even thought about doing this saying I was thinking about moving my stop loss to a little better than break trade even if it stopped going in my direction after a few candles of the

[02:01] trade going in my direction I decided to set my stop loss on top of this candle what happened on this trade that was a mistake price went back up hit my stop take profit I closed the trade at the stop loss that I set for a profit of

[02:15] four dollars instead of the 22 that we would have made if I kept in the trade that hurt but it did teach me a lesson unfortunately I took another trick I this trade but it did teach me another lesson in other words I lost let me show

[02:28] you what happened no I moved my stop loss this was a big mistake and I ended up taking an even fatter out I lost 30 and decided to jump out of the market for the day now I did end up losing but I learned a lot that

[02:41] day but those lessons would not help me for what was coming up next Thursday I got up as normal at 6 30 in the morning looking like I got two hours of sleep in bed because I was not ready for what was gonna happen I entered a trade way

[02:56] too late you see these three lines here that middle green line is where I was to only enter after the trade started going in my direction and got stopped going in my direction and got stopped out in two candles losing about 15 but

[03:09] more trades for the day and made it back plus twenty dollars in profit is what I wish I could say but the next two trades I ended up taking were back to pack else know what I was thinking and the market proceeded to absolutely dump after I

[03:23] took this trade in trade three the third L took me out after just one candle this day sucks and I lost 53 dollars and 48 cents cents on to the next day Friday the final day

[03:38] the day I would make a comeback and make back all the money I lost yeah we both messaged by somebody in my Discord in a similar situation who wanted to trade another friend who joined us later this is one of the worst things I could have

[03:51] much every single one of my trading rules let's go over my trades started off the day by getting stopped out but guess what I made it back and no I'm not being sarcastic this time we actually made it back and you could tell I was

[04:04] trade yeah then I followed that with another green trade I was actually in profit for the day but decided to keep trading because I was on a call which is where I made my

[04:17] first mistake and broke a rule of mine I over traded at this point I had already been trading for way too long and I've taken too many trades and I was about to pay for it and then I broke in another rule a mistake that I had already made

[04:29] and should have learned from I moved my stop loss again as you can see I know I shouldn't be doing this but I felt confident in the trade just because I direction which was another rule broken and just like before it hit my even

[04:42] higher stop loss for an even bigger loss I entered again just a few minutes later and was actually in the green but that wasn't for too long because the market a little better than Break Even This didn't mean much though because on the

[04:55] didn't mean much though because on the day I was down 61 dollars and four cents putting us down a total of a hundred and thirty dollars and 21 cents on the week this is me a month and a half later so I actually got a lot better this month

[05:10] March I was able to make back my losses from February as you can see in February from February as you can see in February we went from losing 222.17 to making one let me share with you some changes I made and how losing this much money

[05:23] helps me yeah I know it seems weird that losing money helps me but it actually each one of these losses taught me something after every loss in this video every successful Trader that I've seen has said the same exact thing to be a

[05:37] account which means at some point you're gonna have to lose a ton of money or all the best way to learn this happens to pretty much everybody trading and what but like I've said in my past videos you can't fail if you don't give up and so

[05:52] far for me that's working so I trade a version of smart money Concepts ICT learning the basics of how options worked I jumped right into watching tjr are two people that I highly recommend but you do not have to go this route you

[06:05] some trading roads that I set for myself that you can too are not taking a trade so basically stick to the strategy and not taking a trade because oh I think it here not moving your stop loss but you can see I did in this video and the

[06:19] exception to that is you can move it to break even after it hit your take profit contracts if you have no clue what any of that meant then that does not apply to you my next rule is sell once price hits stop loss pretty similar to not

[06:31] running a manual stop loss make sure to sell when it hits your stop loss don't up I'm just gonna hold that out don't do that sell once it hits your stop loss your requirements so for me I have to see a liquidity sweep a breakup

[06:44] value Apple order block or hopefully both so I only take a trade when it basically take a trade based on what your strategy tells you not what you think is going to happen be emotionless do not get angry at losses and do not

[06:57] you trading so you're not trading with emotions you want to be trading like a gets to your stop loss or take profit next is is one that I have for myself tell others about your win slash losses besides obviously on Tick Tock I post my

[07:12] daily but other than that I don't tell people about my wins and losses I mean that could be up to you in my final role that I have written down is do not trade self-explanatory if you're gonna trade news you're basically gambling there's a

[07:25] for yourself and I'll definitely add some more later but those are just a few just leave that for another video my advice to you is to paper trade for at profitable after those two months then you could hop into the market risking a

[07:39] you're only trading with money you're okay with losing and I love trying a ton make money so you can check out me trying to start a short form content agency smma right here and make sure to subscribe and like the video for more

[07:52] amazing ones just like this and I hope you have an amazing day peace