Unlocking Generational Wealth: A Comprehensive Guide to Day Trading in 2025

if you guys have ever wondered how you guys are going to end up making generational wealth or just stop living

paycheck to paycheck worrying about rent that's due in a month or a week from now and you guys know for a fact that in

2025 the digital age the internet age of Internet money where you see 17 18 22y olds making millions a month and you're

thinking how can I get in on this you've tried multiple different side hustles you guys have attempted something for a

month and then you guys stopped you guys have tried something for a week and then you're like ah this is too hard I don't

want to do it anymore and trust me I've been there before I've gone through all the side hustles so I understand where

you guys are at but don't worry because I've gone through all of the BS that you guys have gone through and if I was able

to make it out I know for a fact that I can help you guys make it out with just this video today so with that being said

let me guide you let me hopefully grab your hands and show you the way that you guys can actually make a [ __ ] ton of

money in 2025 now let me give you guys a little backstory of where I was at before you guys knew me for who I am tjr

trade tjr okay regular people in my life don't even call me tjr they call me Tyler and by the end of this video you

guys are going to be able to call me Tyler because we're going to know each other pretty freaking well okay so let

me give you guys some perspective of where I was at before all of this online money thing was real for me so I started

off in crypto in high school okay and I got into it I got really freaking lucky I made a bunch of money but then I lost

it all and that sparked this huge crazy fascination with making money and it didn't just jump from that just straight

into trading and then boom billionaire like no that's that's not how it worked okay I went from that to reselling shoes

like I bought multiple sneaker Bots and I was reselling Yeezys I had a whole bunch of Yeezys coming in the house I

had a supreme bot I literally would on every single Thursday because I was on PST okay I can't remember what time the

Supreme drops happened at but I remember skipping the first 15 minutes of my first period class on Thursday so I

could cook on the Supreme drop and I remember the North Face Supreme collab dropped and I cooked on like these three

hoodies and I was like no way I'm freaking rich and then I wasn't Rich because I ended up losing a bunch of

money on several other drops so trust me I have been through a whole bunch of these different side hustles and things

until I found what worked for me I mean even bro I even thought about doing Section 8 housing I thought about doing

real estate I tried doing Drop Shipping for like 2 seconds I tried doing the Snapchat Creator method I actually made

$3,000 doing that which was pretty cool but it wasn't actual sustainable money that could literally be consistent

income on a monthly basis and then after all of that I was like wait H I already made a bunch of money with crypto why

and like I you know I just got sucked backed into the space there was something that was so fascinating about

it to me so I was like okay I'm going to get back into this I want to start learning about this some more so what do

I do do I just start watching YouTube videos I'm going down the rabbit hole I was literally watching a YouTube video

that is the like pretty much the exact same type of YouTube video that you're watching right now of me it's weird cuz

I'm explaining the YouTube video that I was watching and you guys are now watching that same exact YouTube video

where it was like literally 2 hours long and it's like hello this is the beginner guy today trading and this is one pair

and then you buy low and then you sell high and boom you're making money okay we're going to get way more advanced

than that I'm going to actually make sure you guys are taken care of because after that 2hour video I was like bro I

still don't know how to trade and you honestly just left me with a whole bunch of information that now I don't know

what to do with so I'm not going to do that to you guys I'm going to make this way easier than what I had to do what I

had to do is I had to put in a whole bunch of time a whole bunch of effort sorting through all these YouTube videos

trying to figure out what works what doesn't and now I'm going to lay this all out for you guys so you guys don't

have to sort through all those BS YouTube videos and you guys can just watch one single YouTube video where I

teach you everything about trading I even teach you the strategy about trading and you guys won't have to watch

literally anything else it's going to be awesome okay now before we get into just day trading A to Z and we start talking

about all of this educational stuff I want to give you guys the option to compare and contrast some of these other

online making money methods in 2025 okay so there's a whole bunch of different ways that lots of people are like oh

yeah let me start the side hustle and then once the side hustle starts making me more money than my real job then I'm

able to quit my real job and then boom billionaire right so that's what everybody wants but it's not as simple

as that and it's not as simple as trading okay and it's not as simple as Drop Shipping regardless these side

hustles are going to take time and effort however some of them are going to take more time more effort and most of

all a whole bunch of money to get started so I want to break down these side hustles just in case trading might

not be for you okay if trading isn't for you that's fine I just saved you literally like however long this video

is like [ __ ] 5 hours I just saved you 5 hours worth of your time but if you do think trading is for you and we go over

all these other side hustle so we can actually like confirm like okay we're not going to play these games on Drop

Shipping okay Alibaba Express we're not doing that [ __ ] today okay we're just learning about day trading we're

sticking to that all right so let's think about it e-commerce okay whole bunch of money up front and I'm assuming

the majority of you guys again like we said we're living paycheck to paycheck we're freaking broke right now we do not

have a whole bunch of money to be starting a brand new business a brand new freaking brand okay a company we

don't have the money to be doing that yet why it's a bunch of upfront costs and it's low margins like regardless of

when you start and how you scale it's upfront costs and low margins just no matter what you're paying a whole bunch

of money regardless of if you're low capital or high Capital you're still going to be paying a lot of money and

you're still going to have low margins to start ever heard of affiliate marketing yeah neither have I and it's

for a good freaking reason you ever heard of a millionaire that's an affiliate marketer I haven't get out of

here copyrighting bro the amount of DMS I'm look I'm rich and famous or I mean I think I'm a little bit famous but the

amount of people that I get in my DMs that say Hey I'm a copywriter do you need me bro no I don't so if that

answers your question on if you think being becoming a copywriter I'm somebody that would be considered like a very

high ticket client for a copywriter right do I use a copywriter no do any of my friends that are rich and famous use

copywriters no so do I think copyrighting is for you no and I can tell you when I tried to do copywriting

it did not work out I could not land a client to save my life it's a whole bunch of DMS to all these famous people

they leave you on red they don't even see your [ __ ] and if by the look of the draw you're able to sign them they're

trying to rinse you out of a whole bunch of time for as little money as possible so we'll leave that one alone but what

skill out of all of these side hustles is literally infinitely scalable day trading why is day trading

infinitely scalable because the only thing that you're limited by is your capital and luckily there's a whole

whole bunch of companies out there in the world that can help us leverage the small amount of capital that we have

right now to be able to trade with higher capital and I'll get into that later in this video but just know if you

guys are like broke right now you guys don't have a whole bunch of money there are people that are just like you that

go from not having anything to literally making 20 $30,000 in their first months of

becoming a profitable Trader so if that gives you the perspective of what we can do with trading oh yeah it's big time

okay and then not only that why is it infinitely scalable because you're only limited by your own Capital so let's say

I have a billion dollars and I'm a profitable Trader bankroll okay but when it comes

to e-commerce there's only a certain amount of people in the population yes you could sell to every single person in

the population but you're still limited to the population size you're still limited to the niche but trading no the

only thing that you're limited by is your Capital so you're telling me if I learn the skill of day trading I have an

infinitely scalable skill yes that's why day trading is literally one of the most powerful and one of the most useful

skills in the freaking world and on top of that this isn't no Drop Shipping one product one hit wonder once you learn

the skill of day trading you're set for freaking life and I don't I don't want to like Gaslight you guys into that

because day trading it's one of the hardest skills in the world but assuming that you guys are already living a hard

life you guys already work hard in your jobs what if we just take all that hard work and put it into day trading I can

almost promise you that you'll be able to get out on top just like I was able to get out on top just like all these

other people were able to get out on top and again I'm not trying to convince you that this is going to be a super easy

path but I am saying that day trading by far is the highest leverage skill in this make money online space you saw all

of these meme coin day Traders go from literally broke college students to multi8 figure several millions of

dollars in just a couple months now crypto is a whole different story and I'll explain later in this video why we

want to stay away from crypto just because it's too volatile there's seasons for it but day trading on the

other hand the Market's always going to show up okay the Market's going to show up whether you're in it or not and

that's why day trading is so special that's why day trading is the highest leverage skill especially in the year of

2025 for us to be able to learn and once you learn it you already know we're set for life bank roll I'm sure a lot of you

guys are Wonder ing like okay bet I I know I know trading is bankroll we know trading is is bankroll okay tjr we know

it we know it we know it's the best skill ever okay but I want to give you guys some reassurance okay cuz I'm sure

a lot of you guys are seeing me like in this freaking cave and you're like damn this guy probably has [ __ ] 1 2 3 4 S

monitors and he's just [ __ ] you know breaker 129 3 4 5 6 7 okay yes we have a break of structure on the NASDAQ we're

entering Longs okay you that's what you probably think day trading is it's not okay and it's funny because I didn't

even start copying setups like this until I started doing YouTube to be able to film videos like this prior to this I

was literally just trading on my iPhone I had my charts on my phone I had my brokerage on my phone okay I was doing

literally everything on my phone and the only time that I started using a computer for trading was when I started

making YouTube videos cuz how else was I going to film it I couldn't film a YouTube video on my phone so that's a

huge part about day trading it's like the accessibility to be able to work on your phone from anywhere in the world as

long as you have cellular data or a Wi-Fi connection you can do this anywhere and also shout out Elon okay

T-Mobile just partnered with starlink you can literally be on Mars and be day trading So eventually when we take that

ship up there what are the drop shippers going to do okay they ain't Drop Shipping to Mars you know what I'm going

to be doing I'm still trading I'm trading rocket ships up there okay I know that's a that's a funny joke

whatever but I'm just telling you that the accessibility that trading has compared to everything else it's

GameChanger okay not only that is the flexibility okay I'm going to explain right after this that there are multiple

sessions within the market as a whole okay whether you're day trading us equities whether you're trading foreign

exchange whether you're trading Commodities whether you're trading crypto there is a time zone a pair and

we're going to get into this and a session for every single person no matter where you are in the world to be

able to be trading at whatever time doesn't that sound freaking awesome that's what enticed me about trading

because I was like man I'm on Pacific Standard time I'm all the way over here in California and Market opens at 6:30

a.m. and I'm just a I'm a sleepy head I didn't back then I I didn't want to wake up early so I was like screw that all

stay up late and I'll trade London session at 12: or 1 at night and that works for me if you're in Europe New

York session it's opening I think it's like in the middle of the night for you guys but what do you guys have London

session it's awesome okay there's something for everybody okay and then on top of that the scalability we already

talked about that what is trading bankroll okay why is it bankroll because trading is by far the highest leverage

skill that you can learn in today's day and age why because the only thing that you are limited by is your own capital

and just like I said before I know you guys are thinking well I ain't got no bankroll I ain't got no Capital don't

worry there are companies that help you guys solve this problem okay and there's a whole bunch of softwares and

it I I love trading so much and I can talk about it for hours and I am going to talk about it for hours to you guys

and I locked myself in this room today so I can explain to you guys why I love trading so much and hopefully by the end

of this video I can transfer the skill to you guys so hopefully I either won scared off all the Nerds that don't

think day trading is going to get them rich in 2025 hopefully I brought in everybody who thinks day trading will

help them get rich and is the highest leverage skill that they can learn in 2025 and with that being said let's

learn how to [ __ ] day trade in 2025 baby there are around 30 different types of trading okay I'm going to teach you

guys the most common which is day trading okay which means we are entering into trades within the same day and we

are exiting trades within the same day okay there's a whole bunch of different types of trading there's technical

trading there's momentum trading there's algorithmic trading there's swing trading there's fundamental trading

there's a whole bunch of different typ typ of trading but honestly those never worked out for me I attempted some of

them and most of all they're just way more confusing than just the regular most common form of day trading which is

getting in and getting out within the same day and then what trading bankroll so for everybody that doesn't know

anything about day trading don't worry I'm going to break it down ready on the chart when it's low you want to buy it

and then when it goes High you want to sell it boom you're rich thank you guys for watching I'm I'm kidding I'm kid

okay but on top of that the nice thing about day trading I feel like a lot of people don't understand this they're

like what happens if uh the market goes down you can't trade that day well yes you can that's actually called a short

position so you can actually sell when it's up high and then buy those shares back for a lesser price and you can

actually still make money doing that so there's two different types of positions that we can take we can take a buy

position or we can take a sell position M pretty cool so that's another nice thing about day trading and that's why I

said I want to stay away from the crypto because crypto most of the time you're only making money buying for the most

part unless you're doing leverage trading blah blah blah we don't want to talk about that but for day trading for

us we have accessibility on both sides so that's why day trading is such a high leverage skill because not only can we

buy low sell High we can sell high and then buy back lower and make money in either direction of the market so let's

say the market crashes no housing crash 2008 ra what happens what happens if the price goes down well you can still make

money and that's why day trading is the highest leverage skill that you guys can have because when everybody's panicking

financial crisis we're still getting rich now I want to break down because again this is like bare minimum base

level of trading expertise required here like just how do you make money from Trading and I know explain like you buy

low and you sell high but I'm going to do a little high school teacher here for you play the economics teacher in high

school I'm going to teach you guys about the stock market okay let's say little Timmy I am Timmy wants to buy one share

of Apple I don't even know how much a share of Apple is but let's say it's worth a hundred bucks just for

Simplicity s okay I go to my little brokerage on my phone and I say cck buy one share of Apple back in the olden

days and the reason why I have to explain this back in the olden days is because this is still how our system

works it's just digitalized and it's simplified for us which is better for us because we're able to do these

transactions super fast but back in the day when you wanted to buy a share of Apple you would have to make several

different phone calls to like The Brokerage to the New York Stock Exchange whatever and then they would ship in the

mail like your actual freaking paper share and then it's like boom I have my share and then you would have to like

call in every day or whatever however many days that you own that share and you're like hey has price gone up yet or

oh no is is my share worth less money like what do I do that's how it worked in the olden days is okay you would get

this piece of paper and it would say like boom you own one share of Apple all right and your share is worth a certain

price and price fluctuates on a whole bunch of different things okay it fluctuates based off of news it

fluctuates based off of price action which is what I'm going to be teaching you guys how to read and when you wanted

to sell ideally you're selling for a higher price so let's say me little Timmy goes calls his little brokerage

and says hey I want to buy a share of Apple for $100 obviously I can't just name my price but let's say Apple's

share price is worth $100 today then following that 2 months later whatever the most crazy news in the entire world

about Apple Apple drops a time machine and boom two months later Apple's stock is now worth three times more than what

I bought it at so it's now worth 300 bucks then I call on my brokerage and say Hey I want to sell my share boom we

sell the share what do I make 200 bucks awesome lit right we can do the same thing but now it's digitalized on our

phones so instead of calling a bunch of phone numbers we just have these brokerages and these exchanges within

our phone that can connect to super cool applications like trading view which I'm going to teach you guys how to set up

I'm going to teach you guys how to figure out what brokerage to sign up with okay I'm going to teach you guys

what trading platforms you guys can sign up with so we can do these transactions at the speed of freaking light okay at

the speed of tapping a button and the nice thing about that is we're able to get in and get out with Precision so

we're not waiting for our Brokers to get off the line and say like boom you sold and then like oh price drops a little

bit oh damn I I made less money no we're getting in and we're getting out with the tap of a button and that's why day

trading is so great now because we're doing it on our phones and the age of technology is just taking us so much

farther and that's why it's so much easier to make money online but I know that sounds super crazy and I know that

sounds like you got to be some freaking genius but look at me I'm I'm a [ __ ] and I make a [ __ ] ton of money

from trading on a day-to-day basis and on a L basis and on a yearly basis so if a [ __ ] can do it sorry for using the

hard R you can do it too and I'm sure the majority of you guys are smarter than me so I'm sure the majority of you

guys will be able to get really good at this and probably better than me in the future which is awesome I'm I'm this is

why I do the [ __ ] so you guys can be just like me except not [ __ ] it's awesome it's great so don't get

overwhelmed I know brokerage exchange tapping buttons byy low sell okay I know it seems overwhelming but I'm going to

cover all that in this video and how you guys can do it how you guys can do it boom just like this and start today

start learning the skill of day trading that is again the highest leverage skill in the world so with that being said

we'll get into the three best tools that you guys need to start your day training career and I'll go over all the websites

all the apps that you guys need to download so you guys can get started all right let's get into it the very first

and quite possibly the most important tool that you guys are going to be using in day trading is called TR trading view

this is where you guys are going to be seeing all your charts how to buy low and sell High okay this is where you

guys are going to be using your strategy yes there is a strategy with day trading and don't worry I'm going to teach you a

strategy at once we get all these tools figured out and set up for you guys because we need to set those up first so

the first tool is going to be trading VI not only do they have an app on your phone but they also have the website on

the computer if you guys are on your phone I highly recommend you guys download their app and don't use the

website if you guys are on a computer I don't think they have a app for the computer but they just have their

website I use Chrome and it's perfect so what you guys are going to do I know we have whatever we got Roger freaking

Federer with Mount Rushmore on the back I I couldn't tell you why we got this [ __ ] going on right now who even is this

dude but we're we're getting started by staring at him okay so what are we going to do get started for free that's

another great thing about trading view you guys again I told you guys no upfront costs okay there's not many

upfront costs you guys can literally start learning the skill of day trading for Frey that's why trading is bankroll

okay so you guys are going to go ahead and click get started for free from there it's going to say oh free until

you're ready bet $0 forever what is that talk about bankroll talk about saving money we're not drop shiing into Alibaba

okay we're not going to China and we're not using the Shane Factory we're just using the computers that they made okay

that's it that's the only sort of child okay that's it we're done okay continuing sign up it's going to end up

once you guys sign in whether you're using your Gmail whatever whatever account you guys want it's going to

bring you guys to a screen like this and say buy my course okay no we're not going to do that okay we're going to

just fully avoid that we're going to go over to markets here and then we can just go to indexes

oops whatever let's just click on indexes cool so boom charts Buy Low sell hat no not yet Timmy we're not there yet

God man why you always is jumping ahead stop jumping ahead okay so this is indexes we see the S&P 500 we see the

NASDAQ NASDAQ smoking on that gas pack smoking off your ass crack okay we have the Dow Jones okay whatever and then we

got look for foreign exchange we got Euro USD GBP USD USD JPY I'm going to be explaining how all of these pairs work

later on okay so I know this all seems overwhelming what I'm going to do is I'm going to go ahead and click on the S&P

500 and then you're still saying wait where's the chart is it this thing down here tjr how am I supposed to read this

no no no timy we're clicking see on super charts Superman super charts super farts let's get into this bang look at

that okay your chart isn't going to look as sexy as this because I've already custom designed my chart to look really

freaking good okay you guys don't have that luxury just yet but what I am going to do is show you guys how you guys can

make your chart look just like mine with these beautiful blue and black candles if you guys aren't discriminatory to

Candle color that's fine what you guys are going to do is you guys are going to go ahead and rightclick on the chart and

then you guys are going to scroll down to settings and then you guys can set it up with whatever colors okay you guys

can do red you guys can do green you guys can do yellow you know you guys can do [ __ ] black on black you know I I'm

hey bro if you like that you like that you can do Wi on black get a little light skin in there okay you guys can do

that however you guys like okay these are my chart settings most of the time your chart is going to look pretty

freaking disgusting at the start and it's going to be like green red there's going to be a whole bunch of BS in the

background okay so let me go through here I'm pretty sure this is somewhat important we have like the previous day

close that we want to hide so I'll just go ahead and you guys can cop this you guys can change it however you guys want

just make it look pretty okay that's one of the things that I value the most about my charts is like first and

foremost I I want my charts to be clean if if my chart isn't clean and you guys will understand as you guys get better

at at trading and as we get deeper into this video you guys are going to be like wow how does he keep his chart like

clean and tidy whatever because it can get really overwhelming so let's go into canvas I have just background solid

white grid Lines no grid lines sometimes like like look it you know it has these nasty ass grid lines I don't like the

grid lines Crosshair is just boom straight up and then Trading alerts and events you guys don't have to care about

that so boom once you guys have your charts looking nice and sexy we are going to actually put a pin in trading

view for now now that we have trading view set up we're going to put a pin in it and I'm going to explain these little

candle s are how to read them what they mean okay and I'm going to be explaining these foreign change pairs I'm going to

be explaining Commodities gold I'll even explain crypto for a little bit okay and we're going to understand what all this

means how we can read it how we can actually make money from this Market but in order for us to make money we

actually have to be set up with a brokerage where we can deposit money where we can withdraw money and where we

we can actually execute these trades because on trading view we're not doing any of that this is just where we're

just marking [ __ ] up okay we need a brokerage again remember little Timmy he calls his brokerage and he says hey can

I buy the shares this is how we're going to be buying and selling selling and buying okay so with that being said

let's jump over to how to find a brokerage how to get how to get set up on a trading platform because this is

our chartwork platform I'm going to show you guys how you guys can get set up on a trading platform all right so there's

a plethora like literally millions of different brokerages that you guys can go through in order to start trading and

start trading on their platform start trading on their apps on your phone start trading on the apps on their apps

on your computer okay it really just depends on what suits you best okay and what platform or what brokerage you

think best suits you okay so I personally don't trade options so options is out of the park for me if you

guys wanted came here to learn about options byebye okay um I'm not going to teach you guys about options in here but

I am going to teach you guys a really solid strategy on how to actually make money in trading so if you guys want to

apply that to options by all means but I'm not going to teach you guys how to set up an options trading account okay

I'm going to be teaching you guys how to actually get started with just day trading okay using leverage on your own

Capital just through the account not like leveraging specific positions okay so the brokerage that I use is hero

effects that's the one that works the best for me okay I trade indexes and then occasionally I'll trade foreign

exchange so that's what works best for me sometimes these Futures brokerages have really strict regulations on the

type of Leverage that you guys can use and especially if you guys are lower Capital individuals and you guys are

just getting it started in day trading these big brokerages like trade evade and trade station you just straight up

won't be able to trade on them because you guys don't have enough money to trade with them so instead you guys

would go over to a cfd brokerage such as hero effects where you guys can leverage your money more and be able to actually

start trading with less money again you guys can literally just type in trading brokerage look through like a whole

bunch of all of these different brokerages find out what works best for you me personally I use hero effects

they're great I can deposit I can withdraw within like seconds and it works great for me so with that being

said I'm going to go onto the hero effects dashboard and show you guys how to get set up on there again if you guys

want to go through a different brokerage that's completely fine I'm just not really going to go over that okay so

with that being said let's jump onto hero effect's website also I'll leave a little Link in the description I have a

little affiliate with them um so if you guys want to sign up with hero effect and if you guys appreciate all the info

that I've been giving with you guys it would be a huge support if if you guys just signed up with my link right

underneath here in the description and yeah they're super solid Brokers for me I trade on them consistently and have

been trading with them for a while so let's get into it so once you guys go through that link it'll have you guys

sign up and whatever and it's going to take you guys to a page that looks like this and this is all the different tra

trading platforms this is also why I love hero effects is because they literally give you a various like

multiple different types of apps websites and different trading platforms to trade on versus other again big

brokerage is they don't give you guys any sort of variety they're like hey you have to use this one specific platform

and it's like what if that platform sucks luckily hero effect gives you literally as so many options okay me

personally I use trade locker and I like trading on the app so again you would just go on your phone you can literally

just look up trade Locker in the app store and then go ahead and download that and then they will give you guys an

email once you guys have signed up your account details and your password as you guys can see I have 35 freaking th000

just sitting in my wallet balance right now this is going to be useful because I can either deposit this in back into a

live account because this is just sitting on my dashboard wallet okay it's not in my trading account and it's not

in my bank account yet so this is just the in between this is why a broker like her effect effect is super useful

because again they have different withdraw methods okay you can withdraw in crypto you can do like bank transfer

just a whole bunch of methods and it's great and especially for me I'm pretty I'm I love crypto and I like investing

in it so when I withdraw most time I just do it through crypto and it hits in literally seconds so for me I do it

through the trade Locker app they will send you guys a little email with your account username with your account

password and you guys just go onto the app you guys plug in your username and password and it's locked in from there

again they have a whole bunch of different trading platforms that you guys can use if you guys are on PC or

laptop whatever you guys can do the web Trader which is it brings up a little tab where you guys can trade on trade

Locker there and if you guys want to trade on desktop there's literally like a full-on app called trade Locker that

you guys can download and then it's the same login process they're going to send you guys an email you guys are going to

get your username and password you guys are going to log in and then from there you guys will be all set okay on top of

that while we're on the talking about brokerages not only is a brokerage super useful for us to be able to deposit and

withdraw money right that's our end goal with day trading is to what bankroll right but before we can even get started

with the bankroll we need to learn learn the skill of day trading right how are we going to learn the skill of day

trading like we don't want to just throw money into the pit off rip we don't want to do that and again like a lot of

people online and on YouTube will be like hey use my affiliate link sign up to my brokerage deposit 10 billion so I

can reap the rewards of you guys losing money we're not doing that okay I'm I'm going to be completely open and honest

with you guys okay first of all you guys can use this brokerage or you guys don't need to okay use whatever [ __ ]

brokerage works okay for you whatever I don't give a [ __ ] what I am going to tell you guys is before you guys jump on

a live account with real deal real Spiel money don't do that and we're going to learn the skill of trading first which

is through what demo accounts so we're not going to be using real money we're going to be using paper money okay and

demo accounts are by far this is why trading is such a high fre man I love trading so much bro

trading okay trading is so good this is why trading is so [ __ ] good bro Drop Shipping how do you have to learn you

have to spend money you have to make mistakes you lose money day trading how do you learn you spend money no you

don't have to spend money you can use fake money paper money demo account money and learn the skill while you suck

because all of you guys you guys are going to watch through this video and then you guys are going to be like here

we go on my road to a million and then you guys are going to start trading and you're going to be like holy [ __ ] this

is way harder than I thought but don't worry I'm willing to put in that work because you know why trading bankroll

right we already know that but the awesome thing about trading we can trade with fake money so we can literally

learn the skill that is eventually going to make us money without losing money in the first place we can learn the highest

leverage skill in the world without putting money up front do you know how difficult that is in other fields it's

literally impossible in other fields it's actually genuinely impossible every other side hustle you have to put money

up front and then boom most of the times the money that you put up front you get [ __ ] washed and then it's like well

you were just paying for that lesson this you're not paying for no lessons you learn the lessons on fake money on

demo accounts so I'm going to show you guys how you guys can set up a demo account on hero FX and then start

trading on that because we're not you guys aren't going to be putting 35 [ __ ] racks into a live account okay

and then just saying yeah let me see if this works [ __ ] no we're not going to do that okay I do not want you guys to do

that I want what's best for you guys and trust me I felt bro the beginner the beginner trading video that I watched

was like literally was exactly what I told you guys like sign up with this brokerage deposit $1,000 and you're

going to be rich and I did that guess what happened to that thousand within the

day0 remaining okay and that was literally all the money that I had so we're already putting you guys on a

better track here we're going to be not putting money up front trading view free demo account free the highest [ __ ]

leverage skill in the world okay so I'm going to show you guys how you guys can set up a demo account on hero effect

okay so there's going to be a page that says accounts right here okay you guys are going to click on it and then it's

going to say Live account no no Live accounts yet we need to learn the skill of trading okay we need to

learn the skill of trading first there's Live accounts and then there's demo accounts we want the demo okay we want

that fake money we want to learn the skill of trading without having to risk money that's like the a good comparison

of this is like you having never played basketball before in your life and you go to the black top with like a th000

bucks in your pocket you've never played basketball before in your life and you go up to people that are playing really

good players and you're like yo I got a bando for whoever's trying to run ones you slap that [ __ ] down and then what

do you do you [ __ ] lose obviously why cuz it's your first time playing basketball it's your first time trading

versus if you just show up to the park with no bread and you just keep playing until you get good until you get really

[ __ ] good and then you switch over from the demo to the Bando in the pocket slap that [ __ ] down and now you're

cooking the 60-year-old that's got ankle braces on and you're hitting them with that [ __ ] jelly okay sorry that was a

little that was we're getting off off track here but you you get what I'm saying the demo account it's where we

want to go okay so again I use trade Locker there's a whole bunch of different like whatever configurations

there's demo zero okay which means low spreads and zero commission there's demo raw

dog okay sorry that means raw spreads and fixed commissions okay and then there's or those are the only two for

trade Locker okay me personally I do low spreads and no commission you guys can you guys can choose whichever one you

guys like again you guys don't really know much about this I I would just go with demo zero okay that's the that's

the best one that works for me cuz I prefer low spreads and zero commissions than fixed commission and raw spreads I

I don't like to get [ __ ] raw I would rather you know wrap it and tap it you know what I'm saying and okay we're

getting way too confused here demo account we got it set up same thing here we're going to click on the account and

then boom once we set up that account herox is going to send you an email and say boom you got your username you got

your password you're locked the [ __ ] in go to trade Locker sign in bling blow and then we're going to be signed in and

now let's go over to trade Locker so I can show you guys how to actually execute trades and don't worry we're

going to get into understanding the charts we're going to get into understanding the craziness of trading

view but I need to explain all these softwares and gizmos and gadgets first so you guys can understand this [ __ ]

before we get in cuz what what would happen if I just say like yo this is the trading strategy and I just Blitz

through everything and then I say yeah go figure out how to find find these charts online somewhere go figure out

how to actually set up a brokerage somewhere go figure go figure it out little baby [ __ ] yeah I'm not going to

teach you that [ __ ] no I am going to teach you that [ __ ] and I'm strapping myself in this [ __ ] chair for the

next seven hours so you guys can learn this [ __ ] okay Timmy you're going to [ __ ] learn the highest leverage skill

in the world you're going to learn this [ __ ] whether you like it or not so you better lock the [ __ ] in Timmy let's get

on trade Locker you [ __ ] uh sorry Timmy I forgot to tell you one thing before we get on the trade Locker when it says

deposit to demo count are you guys going to end up depositing like is this real money no so if I want to be a

quadrillionaire with fake money I can but just to like teach you guys like you guys can just start with like just do

like 10 whoa what the hell just do like $110,000 to start okay 10,000 is like [ __ ] fine okay just so you guys have

enough capital to be able to take like hella trades and again you guys can change this however you guys want is it

going to ask you to deposit money no it's not going to have you deposit any any bread this is just imaginary fake

money how much imaginary fake money do you want I want $100 billion I want 100 billion

rupees sorry guys we we've already been locked up for too damn long we're going to do $100,000 okay 10 man let's deposit

this [ __ ] in the demo account and let's get going all right bet so it's going to take us through here and then boom jump

scare this is our day trading account okay as you guys can see it says demo right here this is fake money we have

$100,000 worth of fake money so now you guys are probably overwhelmed we're looking at a crypto chart right now we

don't want to be looking at a crypto chart but eventually when we get back over here to trading View and we're

analyzing pairs like Euro USD ideally we are going to be pulling up okay let's do foreign exchange Majors they're blacked

out because the Market's closed right now it's a Sunday but look we have the same exact chart that we are looking at

on trading view so we're actually able to execute trades on trade Locker while looking see it's the same chart boom EUR

USD Euro USD so the only thing that we're using this for is to execute trades okay and again they have an app

on your phone where you guys can execute trades as well and we're going to be using this to do chart workor because at

the end of the day this is just like kind of a it's like a trading view integration here some people are weird

and they like doing their chart workor on here but then it's like okay I have to redo my chart settings and I don't

want it black not that I'm you know whatever but I like my charts looking clean and it's just way more preferable

for me to be on trading view with this clean setup rather than doing the chart work on here and then also having to

manage positions it's just it brings a lot in the mix here so even though the markets the foreign exchange markets are

closed right now I'll just do an example on crypto for you guys so again ideally you guys aren't trading crypto it's a

volatile market right now whatever there was just a whole bunch of news on bitcoin but down here is where we have

our positions okay and I'm going to get into this again later when we start explaining these pairs how they work why

they go up why they go down and then we're going to go into the strategy of how to actually Place trades and I'm

going to go over a couple tools on how you guys can use risk management because risk management is I mean there's a

whole bunch of things to cover in this video and we're just getting started but hopefully like trading is starting to

make a little bit more sense to you guys now like hopefully we're we're bridging that gap of I don't know anything about

trading um to trading is bankroll to okay I'm getting set up with trading and then by the end of this you guys are

going to be like hey I know everything there is to know about trading including strategy including risk management

including how to control my headp space my emotions whatever okay but I need to show you guys how to use this thing

first how to actually Place trades so right now this is like this is the lowest size that I can enter into a

Bitcoin trade and bit Bitcoin and crypto is a 24/7 market so the markets are open 247 I don't trade crypto I mean I do

like super long-term investing in it but that's besides the point I'm not actively trading it I trade indexes and

indexes are closed over the weekend but a brief example of how you guys would enter into a trade let's say this is my

allocated risk for the day I'll teach you guys again later in this video how you guys can actually actually calculate

risk using a risk siiz calculator but let's say I want to place a trade on bitcoin and I want to place a buy cuz

wow look at that price is price is going up I want to place a buy okay I confirm that and then boom look at that oh my

God oh my God oh my gosh we're up we're up oh [ __ ] now we're down $45 oh [ __ ] yeah ramp this baby up give me more give

me more I want more we're down $32 but sorry got a little bit excited

everybody um oh [ __ ] we might we might take profit okay sorry I I need to teach you guys how to anyways now we're in one

two three four whatever four freaking positions but we can see what's my profit and loss in fake money again I'm

down $38 $34 this is fluctuating what's my current equity like in my account balance how much margin am I using so

you're probably thinking like okay how do I even know how much money I'm risking how much money am I going in

with right A lot of people are like well how much money do you go in with every trade and I'm going to get to that later

but I just wanted to show and explain to you guys how you guys can get in get in and get out of Trades okay so I that was

a buy position right so how the [ __ ] do we get out of this trade okay let me move my head down so you can see what

this looks like I'm a little baby ant now but you guys can see 1 2 3 4 buy positions on bitcoin we can see how much

each of them are up so there's a whole bunch of actions over here if I'm like literally printing bread I can share the

position to my friends and be like yeah trading's bankroll idiot you should watch tjr trades video then you guys can

edit the position you guys can do a partial close on the position you guys can fully close the position so let's

say I'm like okay this trade is looking scary I want to get out of this boom we hit close position we confirm Dam it we

just lost $24 so that like fully closed that one position I'm still down $25 floating on these other three positions

here right why because we entered into buy positions here and price has just gone down ever since man tjr sucks at

trading right but there's a bunch of other actions that I want to teach you guys about while we're on this platform

and while we're on the topic of this so that was a full close what if we want to just close a little bit of this position

so the way that at least hero effects and trade Locker calculates position size it does it on lots and I'll explain

what these are and I'll explain how we can calculate how much we're going in with per trade based on lot size and

there's a really super easy calculator that I'm going to show you guys how to use that makes your life way simpler

okay but right now I entered in with 0.1 Lots on this so let's say I only want to close half of this position what

do I do I just crank this down to 0.05 lot lot and then what can I do I can press close confirm 0.05 out of the one

lots and now I have not only this one fully closed position but I also have this position that I close for 0.5 lots

and then I still have that remaining position with 0.05 Lots still open okay and then let's say I want to close the

remainder of it 0.05 close confirm boom now I fully have closed out of that remainder of the

position now there's another thing that I need to teach you guys about that is going to be very useful as time goes on

in your trading career and hopefully it starts at the very beginning of your trading career this is stop loss and

take profits I'm going to teach you guys where to strategically put these based on our strategy based so we are actually

able to make money and make more money when we win and make less money when we lose so we can end up being profitable

Traders okay but first I need to just show you guys how to place these on the on the platform so there's two different

ways we can either click on this okay and or sorry we want to edit this position sorry I'm used to it on the

phone most of the time on the phone you can just click on the line so you're going to go ahead and click edit

position this tool shows up right here we have stoploss and take profit okay these are probably some of the most

useful tools in day trading ever okay and this is kind of getting into how much money am I going to make on this

trade how much money am I going in with on this trade this is where these tools come in handy okay so again we're in

this buy position our stop loss is where we are exiting the trade okay so this is our draft stop loss this is another nice

thing about herox in trade Locker see how easy it is for me I can literally just drag it I can drag it and put it

wherever so let's say our stop loss is used to show when and where we want to get out of our trade and again I'm going

to explain to you guys how we can strategically place these so that we are losing trades at the right time when our

idea is invalidated and we are winning and taking profits when our idea has been completed when our strategy has

been completed okay and we want to get out because again trading isn't just winwin win win win okay trading is like

win loss winwin loss loss win win win win loss loss win loss win loss okay it's always back and forth you're going

to have winning days and you're going to have losing days and I'm going to get into that within the psychology portion

of this long ass video that you guys are watching and again shout out to everybody has who's been sicking along

for this but you guys are going to go go through a period where you're like man I I keep losing or like oh I'd never want

to lose no you have to be willing to lose in trading not only to learn from your mistakes but also because no Trader

is 100% okay every single Trader misses shots misses trades okay and I'm going going to use a lot of basketball

analogies in this video but it's true Michael Jordan has missed a whole bunch of shots in his career but that doesn't

stop him from being the goost the same thing with trading we always want to take the shot but we don't know if it's

going to go in or not all that we can do is we can train our skill on taking those shots so that the probability of

it going in is a lot higher than before so stop loss again I'm going to show you guys how to strategically place this but

this is cool there's a couple things here so not only when I drag my stop loss it sets it to the price so see the

price is 92 to 645 let's say I want to put it lower it changes it to 91 96531 and then it also shows us the

percentage of our account balance that we're going to be losing so if we lose this trade we're going to beuse losing

way less than 0.01% but we're going to be losing 12 bucks okay from our $100,000 account size that little Timmy

really just wanted to be a billionaire with right so again if I move this up what are we going to be losing and this

is kind of getting into like how much am I putting in if we lose the trade here how how much did we go in with

essentially $9 that's all you need to know there's there's a whole bunch of these beginner day trading videos that

are like well when you when you use this this leverage and you have this account balance and then you enter in with this

many lot sizes you're technically utilizing the leverage from The Brokerage and then you're actually

leveraging your current account balance by 500 or 50x depending on what leverage that you use and then you're going to be

entering in with this many contract size which correlates to this many lot sizes and then like shut the [ __ ] up you nerd

and just how much am I risking per trade and I had to go through that so I'm telling you guys don't go through that

[ __ ] just look at how much am I how much am I going to lose damn it Timmy how much are you losing the family today

nine bucks bet your lunch money is on this trade so boom that's stop loss take profit is where we want to win our trade

so again let's say we want to win our trade up here how much money are we going to make again we're risking $9 to

make $8 it's pretty shitty trade ideally we have a good risk reward and I'm going to talk about that again it's a long ass

video but our take profit shows us what price we want to close the trade app so again let's say we want to make $12 boom

or take profits up here okay and these are just drafted right now so once I click confirm it means okay I entered

into this trade if it hits my takeprofit if I win the trade if I make the shot I make 12 bucks 89 if I lose if I miss the

shot I lose $9.83 we confirm that and boom we got the red line and the green lines scary

ass lines right and then we can also see on the screen we have stop loss take profit okay and then we can see where

the current trade is at so right now this trade we're at a net negative $11.35 and we can constantly track this

but we know when this price gets hit we are going to lose how much money not $9 if this price gets hit we're going to

make $12 and whatever 80 something cool so that's how you guys can enter into trades that's how you guys can exit

trades that's how you guys Place take profits that has that's how you guys Place stop losses and again later on in

this video I'm going to show you guys how we can strategically place take profits and stop losses so that we can

make money day trade I'm going to explain to you guys how you guys can place your stop loss strategically and

place your takeprofit strategically so you guys can have a good risk to reward ratio so your rewards are higher than

your risks consistently when you're taking trades W in the chat okay there's one more thing actually that I want to

show you guys on this program and on this platform on this broker okay so we're going to go ahead

and close this trade out we're going to close all of these trades out okay we're going to close position we ended up

losing 55 bucks so that was on a buy position okay again we want to buy low and sell High okay I I bought within 1

minute and then sold like whatever a couple minutes later so obviously price isn't going to fluctuate that much and

it's the weekend low volatility whatever so that was a buy position what happens remember let's say the market crashes

and how how do we how do we sell and then how do we how do we enter into a sell position to actually make money

because if we sell high and then Buy Low we're still able to make money so it's the same situation right here click sell

confirm and that doesn't mean you're selling sing your previous buy positions no it means you're entering into a short

trade so there's a long long position means we think price is going to go up we want to buy the thing or we can enter

into a short position which means we think the thing's going to go down it's the same situation here we can close the

position completely we can partially close the position we can edit it and when we're in short positions where's

our stop loss it's going to be above where we entered into into the trade right because how do we end up losing

money on short positions price is going to come up and eventually our trade idea will get invalidated if it keeps going

higher and higher and we're eventually going to want to get out of this trade at some point in time right so again in

this case we're now risking pretty much 100 bucks on this stop loss okay so 0.1% of our account balance okay and if price

hits this we're going to lose money so now since we're in this short position since we're in this sell position we're

trying to sell high and then Buy Low and when we mean Buy Low it just means hitting takeprofit and again I don't

even want to go too deep into that because you guys genuinely don't need to know that [ __ ] in order to make money in

trading just like straight up you guys don't need to know that [ __ ] just know short position sell position means we

want price to go down and we lose trades when price goes up and our stop- loss gets hit and we win trades when price

moves down and our take profit gets hit okay so our take profit is now low versus so on a short position our stop

loss is above the entry and our takeprofit is below the entry in a buy position in a long position our stoploss

is underneath the entry and our takeprofit is above the entry because when we're buying we want to exit when

price is at a higher price and when we're selling we want to exit when price is at a lower price cool so when we do

this we hit confirm and then boom our stop loss is right here our takeprofit is right here cool so that's how you

guys can enter into trades that's how you guys can enter into a long position that's how you guys can set a stoploss

that's how you guys can set a takeprofit that's how you guys get set up on trade Locker now what I want to do is swing

back around over to trading View and I want to talk to you guys just how to read the charts okay just like on a bare

basic fundamental level I want to explain those candlesticks you guys like these candlesticks what they mean how it

dictates and what it tells us about price okay I also want to tell you guys like how do these foreign exchange pairs

even work like why is the Euro versus the US dollar going down and then going up like we we kind of want to understand

some of these things in order to understand like what are we even trading okay it's one thing to just have a

strategy and be like Candlestick go this way Candlestick go that way I enter trade because I am tjr sex slave no

you're not keep that in the video cuz I want you guys to hear that but you're not not yet okay lock in Twin lock in

okay let me explain to you guys how these pairs work okay this is something that you guys are going to see very

frequently across all trading okay so these this is a Forex pair so it's the Great British pound against the US

dollar you guys see this in crypto all the time you ever wonder why crypto pairs say like BTC slusd it's because

it's Bitcoin against the US dollar you ever wonder why gold is xauusd it's because it's gold against

the US dollar this is how we trade how we make money in the markets this is super quick and fast explanation because

I had to watch a [ __ ] British dude go over this [ __ ] for 50 minutes and I was literally ripping my hair out while I

was watching that beginner day trading course and this dude's like this is so important and turns out it's not that

important but when your family members are like hey little Timmy explain this Forex [ __ ] that you're doing and you got

to come up and you're like I don't know mama I just buy low and so high okay they're going to be like get the [ __ ]

off of that [ __ ] you're never going to be successful and that was essentially what happened to me when I couldn't

explain it so I'm going to explain this as simple as possible so you can explain it to your families and then you're

never going to need to use this [ __ ] again okay twom minute segment of me explaining foreign exchange how this

[ __ ] works so this is a Forex pair there's commodity pairs there's crypto Pairs and then there's also like indexes

and stuff and we'll get into that later so Forex pairs are literally just quoted pairs okay it's one currency against

another okay so in this case the base pair always comes first and the quote currency comes next okay so the base

currency Great British pound this essentially is showing how many US dollars is equivalent to one single

Great British pound okay so one single Great British pound is equivalent to to $1.32

us got it that's literally all it is it's just it's a [ __ ] fraction okay so I know this sounds confusing but the

price of a pair is how much of the quote currency quote currency it costs to buy one unit of the base currency so the

base currency is always just one okay and and crypto is a really good way of understanding this so like if we go to

the btcusd chart I'll literally pull that [ __ ] up right now look

btcusd we pull this up what is the price at 93,471

so one Bitcoin is worth what 93,471 of these equals how many of these the

quote currency is how many of it and most of the time the quote currency is almost always going to be in USD unless

you're trading like weird Forex Pairs and by all means like you can trade the Forex pairs but this is just

understanding how the [ __ ] works so again Forex pairs it's one the base currency is always worth one and then

the quote currency is always what this one is equivalent to so let's say like we wanted to do the pound against the

Australian dollar it would be like GBP SL a and then it would equal whatever one pound is equivalent to in Australian

dollars right so it's whatever the base currency is equivalent to in the quote currency and that's all you need to know

don't be thinking well yeah let me do my research on them [ __ ] pounds no bro don't do your research on them [ __ ]

pounds the only thing that you need to know is Big Ben British biscuits and beans okay bro don't be doing any more

research on them [ __ ] pounds the only research you need to be doing on the pounds is on the charts right here but

that's essentially how price and why price moves in the Foreign Exchange Market so same thing Euro

USD okay so if we see this the euro against the US dollar let's let's do a test here this is the price of Euro USD

right now and the market is closed so how many dollars is one worth let's wait for the class how many dollars is one

EUR worth God [ __ ] damn it Timmy okay it's

13738 that's how many dollars one EUR is worth okay now let's do it with gold because there's like Commodities and

[ __ ] let's do X auau because that's the sign for gold USD okay again this is the pair gold let's click on

it gold what is the price of gold against the dollar $2,858 14 that's how much it costs I I

can't remember what like how much gold this is equivalent to I think it's like whatever a gram or something or an ounce

I don't know it does not matter we just need to understand this for when we explain to our families how this [ __ ]

works okay so that's that's literally it and then last but not least indexes which is what I'm mainly trade it's

pretty much the same thing but indexes doesn't have the slusd because indexes are just us indexes anyways so indexes

it's just the same exact thing so again if we want to buy one share of the S&P 500 how much would it costs $

5,954 or how much is one share of the S&P 500 worth5 95451 how much is one share of the

NASDAQ worth $2,884 okay that's all it is okay foreign exchange indexes crypto

Commodities we're learning y'all we're learning we're actually learning wa you guys are learning way faster than I had

to learn back then so like everybody if you guys haven't [ __ ] subscribed yet I don't know what you're doing get your

hands off of your dick click the Subscribe button and then go back to stroking your [ __ ] and let's keep this B

all moving okay now we know what to say to our parents when they ask us what we're doing we know how to explain it we

know how to enter into trades we know how to set up all of our [ __ ] now we can get into the fun stuff let's get into

strategy Bros let's get into how we can actually understand where the [ __ ] this is going how we can make money on it