[LIVE] Day Trading | "$500 A Day Keeps The Day Job Away" (Learn to Trade) - YouTube

Channel: ClayTrader

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[Music]
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hey it's clay clay traitor calm this
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will be a live trade video where I try
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to capture some of my trades as they
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play out live market opens here in about
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40 minutes but some pretty interesting
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activity here on TCC oh absolutely
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monster movement I mean oh look at this
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big move its had since the basically was
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that right around 8:30 really came to
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life was down below for now has pushed
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up over 6 do have an order to buy any
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sort of a pullback here at 570 as much
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as I'd like to buy right now that would
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just be chasing I don't feel comfortable
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with that but if does want to pull back
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I had to feel much more comfortable at
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570 I have no idea if that's gonna
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happen if it does I'll get the video
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rollin if not I'll just see you back at
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the open and there it goes to new highs
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once again ok it's broken down through 6
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I'm at 570 back up above 6 but just you
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know keep perspective you got to think
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that there are people buying up here
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buying the excitement buying the
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excitement now look at this thing big
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pullback gotta wonder how are those
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people feeling it not very good sure
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they could get bailed out maybe this
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thing will head back up and then they'll
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be happy they'll think they're good
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traders but all they've done is now you
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know built a bad habit bad habit of
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chasing and then the market bailed them
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out but in one of these situations and
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who knows maybe this will be the
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situation where it doesn't bounce back
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up and then all of a sudden they
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ultimately get you know destroyed so
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we'll see what happens with it but yeah
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I mean think about it those there were
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people buying all up above 650 in that
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fast
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now back below 6 I'm still waiting down
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there at 570 so we'll see if the price
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can get down there or not as of right
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now very very clear now that there are
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sellers camping out right up there at
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675 that is by far the very in-your-face
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level of resistance so with the break is
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675 I'd expect this to pop probably up
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to 7 dollars if not more and looking
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over here you can see just does not want
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to budge a lotta orders coming in but
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that's 675 ish so far is holding strong
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that I'd rather have
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by some at the pullback but just hasn't
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pulled back key area of support is at
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585 so if this thing breaks down below
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585 then I would expect a relatively big
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move to the downside but yeah just
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continuing to watch it here you can see
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670 there's the break and like I said at
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that point think it's got a great chance
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at 7 and there is 7 and there's the
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break of 7 so hindsight should I could
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order just bought the break there but
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like I said I just I just didn't feel
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comfortable with it I wanted to pull
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back especially because it's pre market
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but right there the power of charts just
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identifying some patterns identifying
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some levels where the sellers are
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currently at and you can see right there
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a classic pattern breakout so I didn't
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partake in it clearly but from an
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educational standpoint I'm glad I was
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able to capture that and kind of
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commentate that live but it is what it
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is like I said this one looking like
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you're just gonna leave me and it's dust
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but you got to do what you feel most
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comfortable with and like I said given
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the context that it is pre market I'd
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rather have just waited for a pullback
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and it pulled back but never just quite
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got back to where I wanted it so it is
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what it is the good thing about the
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market is there's always going to be new
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another opportunity alright the markets
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are now officially open watching TC CEO
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was thinking for maybe a break of that
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red line up there at 7:15 but as of
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right now it's going totally the
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opposite direction
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well now turning around that much
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further okay I'm gonna get in looking
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for a break of the seven dollar mark I
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think and get back up there I might look
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to add some more
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give us a little bit more time to settle
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out
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trying to work its way back up there
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and back down it go is pretty big spread
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so all out there for $200 go ahead I
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took it this thing's all over the place
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in that fast
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down below there so I like the chances
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that it could it did happen but also
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with the way it was trading very very
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happy with that decision cuz now look at
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it go
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so actually in all actuality now looking
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for the plate to the downside here at
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551 for an entry point
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so listen me see just double-checking
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all right well I'll keep it no I didn't
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let me put in my order 551 by maybe I'm
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too far away from the current price
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sometimes that happens all right well
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let's see what else is out there have an
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order at 1525 here on DB I for 1,500
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shares
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so going to 1535 now so 1535
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alright I believe this thing wants to
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get down under 15
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so let's see if it does indeed want to
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break down through there there's the
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break have an order at 1485
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I'll showing some strength there but a
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lot of downwards pressure on this one
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so going for the break once again a 15
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there's the break
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and I put an order down there at 1501
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got some more up there at 37 like I said
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I still believe this thing had is a lot
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of downwards pressure to it
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so let's see what it wants to do
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big sellers just showed up over on level
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two look at that Wow big seller so I'm
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out they're out at won't 15
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so let's see if we can pull back some
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more
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so all out there so now what I'm gonna
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do is just follow this down with a
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stoploss all right well this thing is
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just getting way too crazy so all out
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there $127 I sort of butchered that one
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on the way out
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but all over the place so still walked
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away with 127 but scroll back and if
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you're if you're maybe newer at a level
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twos there is a massive massive seller
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that showed up and after I said look at
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that massive seller notice what happened
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that's right before the point or the
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price plunge nothing to do with charts
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but it goes to show why you have to
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learn level twos you have to learn level
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twos that is a must have a must
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understand tool for day trading and
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again I'd encourage you to scroll back
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and literally right after I made the
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observation about the big seller that
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was as soon as I started to make money
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because the price began to pull back and
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I think yeah I did not think I took a
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loss in those final 900 shares so I got
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a little flustered because the price was
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moving all over the place so that
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flustered NIST cost me money but let's
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see what CVS is doing here oh wow this
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alerted here just pure pure bloodshed
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essentially straight down from the
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get-go I'm gonna definitely keep an eye
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on it well T CCO has come back to life
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here wondering if it can finally now get
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up through that 715 area I'm gonna go
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ahead and get long and let's look for
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that seven dollar break
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there it is all out there for another
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quick gain don't trust this one that at
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all
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did trusted enough like I said get up
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through seven but not for any sort of
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continuation so another quick scalp
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there for three now up 335 let's see
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what else is out there came an order at
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148 45 nice got those so let's see what
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it wants to do
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I did lower my size to five hundred
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chairs shirt if I noted that so I'm not
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at the 1,500 shares that I was using
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earlier so my risk is is much different
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than what it was when I'm using 1500
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chairs so I'm all out there for $75 move
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down 15 cents again yes in hindsight
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clay you should have stayed at 1,500
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shares you would have had that much more
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yes I you're right in hindsight I could
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have had what 225 dollars instead of 75
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but like I said started off a nice you
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know start so I don't want to give back
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all my gains that's just a moral killer
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but I mean it's to keep things in
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perspective it's 947 so 17 minutes in
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and I'm up five hundred dollars five
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hundred thirty-eight five hundred
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dollars a day to you know keeps the day
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job away so you know got to keep things
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in perspective sure I could had more but
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I'm also at this point not gonna risk
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wiping away it give me back all the
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gains I've had and like I said again it
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I mean at the end of the day I'm 4945 if
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I want to keep on moving up I'll go
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short up there but it wants to you know
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I'm not gonna I'm not gonna kick myself
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in the face from a moral standpoint and
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give back the gain so yes I'm well aware
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and I agree with you in hindsight should
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have just kept it at 1,500 shares but
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I'll take the 75 which you know again
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put me up over 500 and the saying I was
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like is $500 a day keeps the day job
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away and I have that in literally 17
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minutes but let's see if we can get one
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more move up all right is about a 10:00
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a.m. Eastern time and I'm just gonna
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call it a day 30 minutes $500 1217
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minutes five hundred dollars but I'm
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gonna move on now with my day have a
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couple podcasts that I need to record if
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you're not aware I do offer a podcast
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what's on iTunes Spotify or you can just
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go to collect Rotom forward slash
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podcast so got a couple of those to
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record but before I go final few things
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if you enjoy these live trade videos and
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would like for me to continue to make
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them the easiest way to communicate that
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to me is to hit that like button and
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leave a comment down below and that way
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I know that my time is
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being well-spent in putting these
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together and also check out the channel
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hopefully you two altima subscribe to
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that lots of other content other than
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just these live trade videos so there's
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you know just quick tip videos just
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things that are you know designed to get
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you better at trading get you better at
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making money in general and so if you're
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somebody that wants to build wealth over
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time get some side hustles get some
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passive streams of income you know going
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into your you know personal financial
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situation then definitely check out the
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channel as a whole but nothing else and
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you just enjoy these videos hit that
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like button and subscribe to the channel
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and leave a comment down below thanks
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for hanging out first off thanks so much
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for watching the entire video real quick
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before you go I want to invite you to a
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live webinar web class training workshop
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online event whatever you want to call
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it but it will be me live revealing to
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you what I discovered that has allowed
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me to transform myself from being an
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employee to being my own boss
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including how I had only one losing day
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out of 73 days in total I'm going to
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cover three keys that have helped me
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unlock profitable consistency within the
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markets the first key is super-weird but
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in a productive type of way the second
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key is super awesome because it quite
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literally is wired into our DNA as
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humans making it very easy to use but in
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a cruel way this becomes a pitfall for
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many traders I'll explain it all though
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including how to avoid the pitfall that
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it creates for some and yeah the third
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key when you hear it sounds way to get
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way too good to be true but it's not and
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I'll show you how it all works then at
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the end I open it up for a
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question-and-answer session that is
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again totally live even if you can't
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make the live session please still sign
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up as it will be recorded and you can go
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back and watch the replay then I will
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send you click the image on the screen
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or click the link down in the
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description box so you can get the date
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and time and claim your spot which I
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should know is limited due to the fact
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that this truly is a live event if you
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have any questions let me know if not
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I'll be seeing you soon