DB Bedford shows how emotional intelligence helps day traders make faster profits. He walks through a live trade entering at 1976, exiting at 1963 six minutes later for $1,080 on two contracts, using a simple approach of small gains and quick exits.
Peace fam, DB Bedford here, the EI Guy. My number one mission in life is to show you how to never let your emotions overpower your intelligence. Today I want to talk about the benefit of emotional intelligence when you leverage it in the stock market. I'm kind of excited every time I get a chance to share this because this is an opportunity that you are missing out on if you have not became an EI Day trader. Now what I'm trying to share with you is that it is Quite possible to use emotional intelligence to make more money in less time. I'm about to show you how I made $1,080 in 6 minutes, and I promise you I can teach you the formula how to do the same. If you think to yourself, $1,000 is not a lot of money, I want you to focus on the time it took to make this money, and I did it before 7 AM. And if that doesn't put it in perspective for you, then I want you to do me a favor. I want you to set your timer for 6 minutes, and within 6 minutes, I want you to actually think about how can you make money in 6 minutes, and how do you actually turn it into money. So it's one thing to think about it, then actually to make it happen. And if that timer catches you, then it's just another reason why you should at least explore and see what the EIBay Trader program is all about. But until then, let me show you how it actually happened. Come on in. It is now 6:35. Okay, I got into the trade at 1976. I've already taken a 3-point scalp. Now it's at 1969. So the next thing I want to do is grab a couple more points. So let's go to at least, at least 1971. Reason being, we do not know when this trade is going to turn around. Okay, and so since we don't know We're going to take advantage of it as long as we possibly can. So right now we have scalped about 5 points. Okay, so we definitely in the game, we're in the winner's circle. So at this point, you know, we're at a good space where, you know, we've captured our points already. Uh, even if there's a little reversal, we're already good. And so ideally, we like to— we would love for the trade to continue to go in this direction. So it's definitely time to grab a couple of more points. Now it's now 1966, so let's go ahead and take 2 more points, right? Let's go to 1969. Well, actually, let's go to 1968. We'll stay about 3 points behind this particular trade. So this Monday morning is starting off pretty good. We got in on the momentum of the candle. Okay, so where are we at now? We're at 1963. I'm back here in 1968. You know, sometimes, like we said, the, uh, the trading gods will just be right there for you. So let's go on to like 1965, right? And what I'm trying to do is stay roughly about 2 to 3 points behind in this trade so that I can stay in it during any type of drawdowns, right? Any type of drawbacks that the, that the trade might have. So the work that we do here is really taking advantage of opportunities as they present themselves. Okay, so that was the reversal. That stopped us out. Let's go to positions. So we got $1,080. Okay, so that was 2 contracts at $50 a point. And let's go to the activity. We got into the trade at 6:33 and we got out at 6:39. It's roughly about 10 points. All right, and we can— so again, $1,080. The mindset is that we're done for the day, and it's really that straightforward. Learn how to open up a chart, understand what's on it, and know when to get in and get out and get on about your business for the day. Now, I know if you are unfamiliar with trading, it seems like a lot of moving parts, but that's what I'm here for. I'm here to help you understand exactly what I've been showing you. But really, it's just that simple. It's not always easy, but it's a very simple process once you understand it. And And so my job is to help you get there. And so if it's something you're interested in, all you got to do is click on the link that's associated with this video. If you want a little bit more social proof, head on over to my YouTube channel and see how I've done this time and time again, and you can get some tips on emotional intelligence at the same time. So I look forward to seeing you over in the EI community.
I was literally kicked off a Southwest flight before for being disrespectful.
