Day trading can provide financial, time, and location independence, with profits possible in both rising and falling markets. About 95% of traders fail, but the creator compares the 5% success rate to becoming an NBA player or rapper. He offers his CryptFi Academy curriculum on crypto, DeFi, and technical analysis.
Chapters
What is goodie, my people? We are back again with another gem. Listen, today I am going to be telling you guys why day trading is the most valuable skill that you can learn in this day and time. I'm going to dive into different ways as to why it is, the different things that it offers you, and also the, the many benefits that come with being able to day trade, whether it's stocks, whether it's forex, whether it's crypto. No matter what type of day trading it is, learning how to day trade is a very valuable skill set that you're just gonna want to tap in and learn, and I'm gonna tell you exactly why. So if you're excited for this video, smash the like button, subscribe if you're not subscribed already, hit the post notification bell so you can be notified whenever I drop these gems, because these are the type of gems— I don't know if you heard this before, look at this. What is this? 1, 2, 3, 4, 5, 6, 7. This is like $3 right here, you know what I'm saying? Multiply that by 100 billion kazillion and that won't even be half of how valuable these gems are. So subscribe and hit the post notification bell so you can be notified whenever I drop these bangers. And without further ado, let's just hop right into this. Wait, wait, wait. Do you see what this $100 is? You know what I'm saying? This $100 can enroll you in the CryptFi Academy. Usually, CryptFi Academy is $297, but for today only, it was yesterday as well, I promoted it on my Instagram, but I wanted to give my YouTube people a chance to get in on it on this crazy deal as well. So I decided to extend it for one day. So you can enroll inside my CryptFi Academy for only $99 today instead of $297. So if you're thinking about it, definitely hop in it. If you don't know what CryptFi Academy is, it's my academy where I teach you guys about crypto, I teach you about DeFi, I teach you how to trade, I teach you how to read charts, do technical analysis, all of that, those many valuable tools kind of that you need to get started in day trading, which is what we're going to be talking about today. So if that's something that interests you, cryptfiacademy.com, it's in the description, it's also inside the comment section. You can see a bunch of testimonials, I'll throw a bunch of them up there on the screen right now for you guys to see what other people are saying. I also have a whole page on the website that shows reviews of what people have said about the academy so far. So that's always great. Check it out if that's something that interests you. Without further ado, let's just hop right into this. All right, so boom. Day trading, like I said, is probably one of the best skills that you can ever learn for multiple different reasons. But the first reason I wanna talk about today is that anybody can do it. It literally is not for a specific demographic. It's not for a specific people that's in a certain country. It's not for a specific people that's in a certain age. I know one dude on Instagram Instagram that's like 15 years old racking $15,000, $20,000 a week from day trading, um, indices, US30 and all that different type of stuff. Like, he's 13 years old. There's no discrimination when it comes to day trading because it's you and the charts. That is a very, very valuable thing in this day and age, especially with all this type of profiling, all the foolishness that be going on. You could be fully tatted out, neck sleeve, arm sleeves and everything, you can't get a corporate job, but you can be a day trader. So that's one beautiful thing about day trading. The second point that I wanna bring up is that you don't have to have a degree. You don't have to go to college for it. You don't have to graduate high school. I don't even have a high school diploma. I don't have a GED. I don't have none of that. I've never stepped foot inside a college. Well, I've stepped foot in college, but not a college classroom or nothing like that. I know, okay, I said I wasn't gonna say this when I was like kinda structuring out this video, 'cause I know somebody that's making a bunch of money. I'm talking like $100,000, $200,000 a month day trading alone. And he's one of the stupidest people I know. This man, he went to college and everything, but he's just, you know, people that's just like, they, they, they smart in certain areas, but then they really stupid in every other area. That's what he is. And I'm— no offense to the— if you're watching this, you know you're stupid. Come on, let's be realistic. But I'm saying all that to say, you don't have to be a super smart person. You can literally go on Instagram, go on Twitter, go on any of these platforms and look at some of the people that are day trading and making really— I'm talking about people that's actually day trading, not these fake people that's just flashing a bunch of money. I'm talking about that are actually day trading and showing results, real results on their social media accounts, or even if you can have a conversation with them or whatever, they're regular people. They're not like some old white dude in a suit that's been doing this for 30, 50 years. You know what I'm saying? This is a regular dude. And that's what's beautiful about day trading. Like I said, the first point, there's no discrimination. You don't have to be a certain age and you definitely don't have to have a certain IQ level. You just have to be smart in the areas that day trading takes you to be smart in. You know what I'm saying? You don't have to be smart on how to cook a burger. You don't have to know the Pythagorean theorem. You don't have to know when World War III was. You don't need to know none of that foolishness. You just need to know technical analysis and how to control your freaking emotions. So that is the step, the second part as to why I believe learning how to day trade is one of the most valuable skills in the freaking world. On to the next point I want to talk about. It's very, very, very, I feel like, in time. You know what I'm saying? Because the thing about day trading, it's recession-proof. That means you— we all hear what's going on in the world. Inflation rates have spiked. Recession is, is being talked about all the time. We see the prices of crypto going down, the prices of stocks going down, the prices of everything up that we need to buy. Goods and services are up crazy. Rent is up. House market is up. Everything is expensive and everything— people are being laid off. Everybody's talking about recession and all this different type of stuff.. But the cool thing about day trading and learning how to read charts and trade stocks or crypto or whatever you wanna trade, forex, it's completely recession-proof. You can buy and you can sell. You can put in long positions, you can put in short positions. So no matter where the market is going, you still have a job. Nobody can fire you 'cause like I said, it's you and the mother effing charts. So it's a completely independent game. It's you versus yourself inside of this whole system. And that's why I honestly truly love the act of day trading and being able to day trade. Just due to the fact that it's completely up to you on how successful you are. It's not up to anybody else. You can't blame nobody else, and nobody else can mess you up. It's completely up to you, and you can never be fired. It's something that will always be around. The stock market will always be around. Crypto will most likely— well, 100% always be around. Forex trading will always be around. There are always going to be ways to make money when it comes to day trading, as long as you learn how to do it. And being able to do it is extremely valuable due to the fact that being able to day trade provides every single kind of freedom that you need. Everybody always talks about financial freedom this, financial freedom that. Everybody wants to be financially free. But financial freedom is not the only type of freedom that we crave overall as humans. Humans crave all types of freedom. The top 3 freedom points that are freedom wants, freedom points is definitely not freedom points. The type, the top 3 types of freedom, that's what it is. The top 3 types of freedom that most humans want is financial freedom, time freedom, and location freedom. That means you're able to have the funds to do whatever the heck you wanna do, and you have the freedom to do it wherever the heck you wanna do, that's the location, and also the time freedom to do it whenever the heck you wanna do. So think about it, day trading. I know you guys probably follow people on Instagram. You see these people, they're able to be financially free. You see them having good cars and all that, you know what I'm saying? You see them with the watches, you see them with all that, but you also see them doing it anywhere. You see them doing it from a MacBook, a laptop that goes with them. You don't have to be sitting in a cubicle for 24 hours. You don't have to be doing none of that. And also, you can take a day off, you could take a year off, you could— well, a year is kind of risky. You could take a couple weeks off, you know what I'm saying? You have the time freedom as a day trader to do whatever the heck you want to do when you want to do it. You have the location freedom to trade literally from the Bahamas, from in the middle of the Atlantic Ocean on a freaking private jet, on a yacht while some naked girls is in the back room. Like, you have the freedom to do whatever the heck you want to do due to this whole profession. And think about another point that I didn't even put on my list here: the freedom to control your salary. Nobody tells you how much you can and cannot make. Of course, there are risks to this. I'm going to get into the risks towards the end of this video. And obviously, like, it's not like a super, super easy thing that you learn. But if you think about it, right, doctors go to school for 4 months in college, and then they go to school for like 8 months after that, and that's including residency. So let's just say they're in— or after— they're in after high school education for, let's just say, 10 years, even though it's more than that. Let's just say it's 10 years because doctors— I have my cousin, he's about to be a surgeon, um, he went to school 4 years, um and then med school, and then they have to do residency, and it's a bunch of different freaking years, you know what I'm saying? But let's just say it's 10 years. 10 years to become a doctor. And let's say you make great money, $600,000 a year, right, as a doctor. 10 years to make $600,000 a year. If you spent 2, 3, 4 years, even if it took you 5, 6 years to become a profitable day trader, that is a trade that you would never have to ever get a job for as long as you are consistent with your money, and after 6 years you should be pretty good at trading, hopefully. It usually takes people around a year to 2 years to become really consistently profitable. But let's say it take you 6 years, 6 years, and you could be making an endless amount of money. There's no salary cap. There's salary caps when it comes to doctors, unless you open up your practice, your own practice. There's salary caps in really any, well, most other professions. But anything when it comes to investing or starting your own business, or any type of day trading, you don't have a cap on how much you can make. And the sky's the limit. There's day traders living out here, out here living like freaking the biggest rappers in the world, flying private jets, making $150,000 a day, making $500,000 a day. It's ridiculous. There's no cap when you become a day trader. And that brings me to my last and final point that I'm gonna be talking about is that the fact that you literally control your salary. I talked about it in the last point, but you literally are in complete control of it as long as you have funds to fund it. Of course, when it comes to day trading, I'm going to talk about like the downsides of it as well towards the ending of this video. But you need— you do need money to make money. But once you have a solid account size, you can compound that and compound that and compound that and compound that. If you have $1,000 and earning 3% on that every single day, even though 3% is high, but I just want to show you guys the power of compounding interest. $1,000 earning 3% every day, you're gonna have over $200,000 in 6 months. So I'm just saying that to say, like, understand small amounts of money can end up becoming big. But I'm not saying it's going to happen for everybody unless you're like really, really, really, really good. But all I'm saying is that you ultimately control your salary. You honestly get to choose if you want to, um, go super, super hard and make a whole bunch of money, or go super, super safe and make a little bit of money. But ultimately, there's no cap on how much you can make when you're in this field. Now, I know all this sounds freaking dandy and fine and beautiful and the easiest and most amazing thing in the entire world, but I'm not telling you go quit your job. I'm not telling you to go switch professions. I'm telling you to learn this skill, even if it's a skill on the side. There are people that are doing this while trucking. There are people who are doing this while they're doctors. There's people that's doing this while they're car salesmen. You can do this on the side if you don't even want to do it full-time. This is just another way that you can create another source of income for yourself because you cannot rely, especially in this day and time when, when everybody's screaming recession and screaming um, everything is going up and everything, and nobody's getting paid for real, you know what I'm saying? You cannot only rely on one source of income. You need multiple sources of income. So that's kind of why I wanted to make this video, to kind of just encourage you to learn this skill. Even if you're not like learning it from my academy or learning it from me or learning from my YouTube videos, go on YouTube and search it for yourself. There's free videos all over the freaking world. There's free content on Google. Just Google it, spend the time, and learn it, because this is a skill that you can literally become financially free from, literally become time free from, literally become location free from, be able to do whatever the heck you want to do whenever the heck you want to do it and wherever the heck you want to do it at. But obviously this does not work for everybody. I think the statistics is like 95% of day traders fail or don't become profitable, but 5% is pretty good odds if you look at it from a spectrum of if you're trying to be a basketball player, you have like a 0.0000001% chance of becoming a basketball player. If you want to be a successful rapper, you have a 0.0000001% of becoming a successful rapper. And these are all professions that pay pretty well, millions of dollars a year. The same thing with day trading. You can build up to be getting, paying yourself millions of dollars a year, even more than these NBA players, even more than these rappers, you know what I'm saying? So I just really wanted to make this video to encourage you. If this is something that you guys are thinking about, I personally would suggest you learning more about it and putting the time in to become better at it. Learning the charts, and also mastering your mind, mastering the psychology, and mastering your emotions. Because ultimately, that is what will make the difference between if you're profitable or not profitable. But that is the end of the video. Hope I was able to encourage or inspire or educate you guys, I don't know, on, um, the perks of becoming a day trader, or even learning and doing day trading on the side. Whatever it is, it's just another good source of income that you can do whenever you want to do, wherever you want to do it, and however or what time, when it— wherever, however, you know what I mean. You could do whatever the heck you want to do when you want to do it, and that is the perks of day trading. If you were able to get something out of it, smash the like button, subscribe if you're not subscribed already, hit the post notification bell so you can be notified whenever I drop these gems, you know what I'm saying. And make sure, if you really want to start your whole process of learning, I highly suggest you guys check out my academy. I've, I've taught about the psychology of it all. I teach you how to read charts.. I teach you how to get started in crypto and DeFi. I teach you really all the things that you need to know from beginning to advanced. And if that's something that interests you, cryptofiacademy.com, you can either go to the website or click the link inside my description or inside the comment section down below. And make sure you follow me on Instagram because like I said, I announced on my Instagram that the sale is for today only. So for today until the end of this day that you're watching this video or this day that the video is uploaded The Academy is only $99 versus the original price of $297, so you get it for a very great discount. But, um, yeah, that's really about it. Go follow me on Instagram over there, @juvra_, because I'll be putting trades out if y'all want to hop in trades with me. If y'all want to just be friends, slide up on my story, talk, chit-chat, ask me how my day going, send me money, whatever the heck you want to do, you know what I'm saying? We could just be friends on there. But good luck on your trades, good luck on your crypto. Good luck on your day trading journey. Good luck on you becoming a doctor or a basketball player, NBA player. Good luck in life as a whole, man, and I'm gonna see you on the next video.
