Welcome to the day training with Carter podcast guys. We're going to be talking about understanding day trading what it is kind of some tips tricks, you know some basic information. All right, so day trading right? I don't really know how to jump into this. So a lot of people think day trading is investing in the market, you know, and I day trainings notInvesting, you know, you know investing is when you buy a stock me hope it will go up over the long term day trading is just buying the selling of a stock within the trading hours from you know, 9:30 a.m. To 4:00 4:00 p.m. You know, you can buy hints, you know, hold it for an hour, maybe 10 minutes often. My trades are like like two to three minutes and that and possibly go up to like 15 depending on the strategy that I use but uh, so there's two different markets that you can actually date rate them. You can day trade in the stock market. That's what I do. It's better. It's it's a lot it's a lot easier people who trade Forex. That's the other Market. They're kind of there's a lot of fakes out there see even with stock market but a lot of people are guy Freaking they're idiots. So just be careful. You know, I'm not saying you're gonna go out and make a million dollars in Forex Trading or even Stock Market trading but Forex Traders, there's a lot of lot of people like, who's that one kid that got busted FX lifestyle. Yeah, that guy's he this guy this kid was posting online saying he's making millions teaching people how to trade and he was you know, full of full of crap. Really you guys should look him up. He's names FX lifestyle you but yeah, so, okay. So yeah, that's the Forex Market or the Foreign Exchange Market. So most day Traders use high amounts of Leverage and they do short term trading strategies, which are like, you know, Gap and go. It was or you know, maybe some sort of reverse already green moves and the capital capitalize on small price action. So you're not buying the five shares when it goes up five cents, you know, you're out you're buying like a thousand or two thousand shares. So it goes up 10 cents to make a hundred or two hundred bucks. That's pretty much what day Traders do and the typical day trader or Trader is a Is wealth funded and what educated the day trading, you know education is another thing that gets confusing because people think you need like college degrees and you know mbas to be day Traders and you don't You really just gotta like, you know had that experience. The experience is pretty much almost all the education you learn everything. There's only so much like reading and you know course work that you can do so but yeah, okay, so day Traders often, you know, they borrow money from the Brokers and it's also known as margin so So that's that's one way you can like get into it. So if you don't have like 25 Grand you can just start a start-up Asher traitor account with a thousand bucks and you get 6 to 1 leverage. So for every thousand it's goes to 6000. So you'll have like six thousand dollars at the buying power which it's cool, but you can blow up your account very fast, very very fast with that guys. So They charged me to keep up-to-date with like stock market news events stuff like that because for Traders we look for Catalyst most most of the time in stocks. So that's like FDA approvals. That's Pretty much anything guys, but so, you know make they you can make like a watch list of stocks that you would like to trade or you know, learn about companies skin businesses newspapers and maybe some like Financial websites like MarketWatch or you know, something like that. So for day Traders, you never hold a position overnight very Very rare, will you hold a position because we're dealing with these price movements. So the stock is already up 40% and you hold it overnight. It is most likely going to sell off like crazy pretty Mark and that's where people blow up their accounts because they get fomo which is an emotion fear of missing out and they want to hold to make money or they get greedy. Ins are a big part of day trading. But yeah, okay. So yeah, if you don't sound at the end of the day, it is kind of considered swing trading which is which is when you hold a stock for more than a day but less than a year. It's kind of confusing but a lot of people, you know do swing trading that have jobs because you don't need to actively, you know, learn stuff what Learn a strategy. It's pretty pretty simple from there. Then you can kind of paper trade and then you can start building up an account. But yeah, so like a lot of people died and two fives will swing trade they'll build up like an IRA account and that you know, or maybe a college fund for their kids something like that. So just because you can't day trade doesn't mean you can't swing trade many Traders also do both. But they are aware that is a different type of trading setup. So obviously the strategy you use for day trading isn't going to be the same for swing trading. It's very simple, you know many companies that you day trade like I was saying get way too risky to hold overnight just not not not good to do, you know people have done it and people do do it. But I typically just stay away. You know, it's It's very very it's not it's not good. So so a you know off topic but it's some similar topic but off-topic kind of friends and family will always say, you know, what do I think about a certain stock or mutual fund or investment? I will honestly say, I don't know, you know, what because I am a Trader not an investor and yes, I do have stocks for long term. but Yeah, I that's it's not it's not my it's not my not my job really so I don't care where this cuz my trade I don't care where the stocks going to be in five years ten years. So I'm looking just for something something that hits my criteria for the day, you know, and then yeah. All right, so we're going to take a brief break guys if you guys want to get a water or anything. We're going to be talking about long. Versus Short Selling coming up very soon. This episode of the podcast is brought to you by anchor anchor is the easiest way to make a podcast. Now, let me explain. So first off it's free. Now there are podcast services that charge upwards of you know, twenty Thirty forty dollars per month and anchors completely free. There's a creation tool that lets you edit record rate from your phone or your computer. So if you're on the go you can take Everything pretty much with you also anchor will distribute your podcast so it can be heard on Apple Spotify pretty much any any platform out there. So really guys, it's everything you need to make a podcast all in one place completely free hassle-free. It's very simple. So go download the free anchor app or go to Anchor dot. F m-- to get started. Let's jump into the podcast. All right, welcome back guys. So there are pretty much two options for your for your day trading. You can either be a long buyer which is when you predict a Stock's going to go up or you can be a short seller which is when you predict the stocks going to go down. So these two options will have different strategies obviously, so, you know if you're a day trader that Buys a stock you obviously hope it's going to go up in value then they will you know, it's very simple but as a short seller pretty much how short selling works is a a day trader will will short the stock so they will click cell instead of by and hopes that the value will decrease then they will sell it back to the broker and a lower. Price and get that in between price. So like that's a you were buying a share of a company for five dollars. So the you buy one share so then then you borrow that stock at $5. Okay. So then when you want when you want the broker to buy it back you click buy instead of sell, you know, because normally you click buy and sell so you click buy and then that's when Broker will buy it back for four dollars and then you get that in between money if that makes sense, you know, if not, no big deal, but so short selling is very important because the price usually drops much more quickly than it will go up because people can if you're also holding the stock like you bought it you can sell it like sell your shares. It will also drop the stock down. So it just Short sellers they they admit it's a lot easier for the stock to go down. Well, a lot of it too is because the stock could be up forty percent. So it had that big run now it's starting to sell off but so short sellers if they learn the market right they can make a ton of money. It's a little bit of a different strategy that I use but I know some very very very popular traders that are short seller. But another thing too is you can't short every stock because you actually have to borrow it from your broker. So if you have like some whack-job broker, you can't really short it like Robin Hood, you can't short you can you can use options? I don't really know about that. But uh, yeah, but we're talking about okay. Yeah. So another thing too is emotions too because a lot of Traders We'll get scared too if they start seeing salaf. So if you already bought into the socket probably sell out of it that will drop that stuck down more like crazy. And then if you're short, you're going to be killing it you're killing it. So short selling has her wrist obviously. So if you short of stock at $10, the price goes up to 15 20 or even a hundred dollars a share. There won't be any limit to your loss. No matter what happens. Your broker will want those shares back. So if you lose all the money in your account, you can actually get sued by your broker. If you don't have the funds to cover your loss. So keep that in mind, you know this kind of why I'm a by I'm a long Trader or I buy the stock. Because I don't like that same thing. I mean if you sell it or if you you know by this document Falls, but then you pretty much out of that money. I don't know a lot of people short the stock and do good. But just that's why you always have to understand your risk. So yeah, so, okay. So the traders that are long base they only buy the stock that they believe will increase in value. And I am a lot more careful when I short stocks because overall the market likes to increase, you know, so snp's always increase Apple will always increase stuff like that. Just got to be careful. You just got to be careful guys. But yes, that is the difference between a long for short selling and some day trading tips. So I hope you guys enjoyed this podcast here. There's about what 12 minutes I don't even know. I don't know. Alright guys. So if you did, please subscribe to anywhere you listen to podcast also if you're really cool, you can leave a small monthly donation and actually all those funds that I get I will do a maybe give it to some sort of Charity or may be used for you guys for something guys. So that's it. You know, that's it guys. So I hope you guys enjoyed this episode. Take care.
 Day trading is not investing, which is when you buy a stock in hope it will go up over the long term. Day trading the buying and selling a stock within the trading hours. This can occur in two different markets, the stock market and the forex market (foreign exchange market. They use high amount of leverage and short term trading strategies and capitalize on small price action. A typical trader is well-funded and well educated. Day traders often use borrowed money (also known as margin) to take advantage of small price movements in highly liquid stocks or indexes. In general, they follow the same wisdom as longer-term investors: They try to buy low and sell high, they just do it in a very compressed window of time. Day traders often only hold stocks for 1 minute to 1 hour. Also day traders find stocks with high volatility and use stock studies and patterns to predict price movements. Day traders need to keep up on the latest stock market news and events that affect stocks – the Fed's plans for interest rates, the economic outlook, etc. Do your homework. Make a wish list of stocks you'd like to trade and keep yourself informed about the selected companies and general markets. Scan business newspapers and visit reliable financial websites. 