Day Trading from Zero to Hero
Day trading and how to go from zero to hero
Back in 2016, I started a journey of dreaming that I have found a work-from-home activity that would change my life. The story on how day trading and how to go from zero to hero. started dreaming of how to become rich trading Forex.
Yes, my beginning was pretty similar to many other traders all around the world that were captivated by some ad for a “broker” and tested the system, got a bit of luck, and earned money in my first trade without any idea of what I was doing and it all began that day.
I made in a week more than what I used to earn in my supervisor or submanager job in those days, luckily, I had the awakening call 2 two weeks later, after my mega accomplishment, and I lost more than double the earnings from the first week.
So, I went from being up xK amount of $ US dollars to minus 2xK amount of dollars in just a week.
But I felt and tasted the potential of this activity and enjoyed the possibilities.
I realized that this trading thing was not a joke and like every good opportunity I needed to be prepared. So I knew that a new learning process was just beginning in my life and hard work and a lot of effort were needed to accomplish the huge goals ahead.
What is day trading?
Day-Trading is simply buying or selling stocks or any market product during the same day period. Day trading activity has become very popular since the 90s and has increased even though is a career or profession very challenging and risky.
More than 95% of all traders fail and will fail to become profitable day traders.
Normally these failures are the result of a lack of strategy and education trading
Why I became a day trader.?
Day trading allows the possibility to radically change your life and your lifestyle.
- Allowing the possibility of not depending on an employment
- Have Independence and freedom.
- Have financial freedom
- Have the ability to generate your income and wealth.
- Earn money from anywhere in the world
- Compensate your entrepreneurship or small business
- Passing more time doing the things that matter to you
My reason was freedom. Freedom of time and money, for me to be present and be there for the people that are really important to me.
I wanted to be present at home and be there for my wife
I love to share my time with my wife and family.
What do I like about day trading?
I am passionate about generating passive income and helping others to do the same.
Day trading is part of the chapter on generating income working from home or from anywhere in the world.
It is part of the concept of being in control of your life being in control of your income.
What should you do to go from zero to hero?
First, you have to find an educational program just like for me was Warrior Trading Warrior Trading.com.
There’s a lot of quality content on the day trading topic. If you speak Spanish go and check my classes in Spanish on the day trading concepts and my strategy. Being an educated trader is a key differential for your career and for your longevity as a day trader.
Second, you need to find a community, a family where to share knowledge and experiences and obtain the same from others.
Third, you need to find a mentor, a person with the results you are looking for and who’s willing to teach in a transparent mode this knowledge to you.
Fourth, you need to have a trading plan and a goal like a business does.
Fith, you need to find a Broker that fits your needs. Check my article Best 5 Brokers to invest my money
You can also go and check this Interactive Broker referral link: Interactive Brokers
What tools do I use?
I used Warrior trading for my education and I am part of the community using the chat rooms, scanners, and Mentor sessions as part of my tools in that area.
For trading platforms or software, I use as the main broker Lightspeed
As backup accounts, I use first IBKR ( Interactive Brokers) and CMEG (Capital Market Elite Group)
Check this article from WT about the best brokers for small accounts Warrior Trading – best brokers for small accounts.
I use for charting Tc2000 as the main provider and TradingView for my investments and Crypto portfolios.
For my Statics and data analysis, I use Tradervue.
How can you start a day trading or a stock market career?
- First, Educate yourself the most. This is my Day Trading Spanish class
and if you speak Spanish I totally recommend it: Mi clase de day-trading. The course is designed to help you how to go from zero to hero in day trading (available only for Spanish speakers).
- First, Educate yourself the most. This is my Day Trading Spanish class
- Find a Simulator provider to practice your strategy and polish your skills, and start to find your edge.
- Track your results. Measure and adjust to improve more every day.
- After three months of consistency and good results, go and open your real account.
- Do the same process with your Real Account.
