Brando explains how to flip a trading account by prioritizing mindset over technical analysis, zooming out to higher timeframes for support and resistance levels, and avoiding the trap of chasing fixed daily profits. News and economic data move markets, and a strong bias in day trading can blow up your account fast.
I can show you every support and resistance level. I can show you the exact strategy I use. But if your mind isn't in the right place, you can't succeed long term. A successful trader understands that not every day is a good day for trading. There may be certain levels that are more probable to go well beyond that level. And there are certain days where you're just going to get stuck in a range. So you need to start with these three before you start learning all the technicals and all the strategies because you're going to give all the money back if these three aren't the first things that you actually work on.
We have a very, very special guest. We did a podcast episode not long ago and it did absolutely insane numbers. He is a verified eight figure trader. A phenomenal trader in the options market is the one and only Brando AKA elite options trader.
Most new traders, they're so focused on like I want to make money today, I want to make money this week and I want to make the same amount every week. The way that I did it, the way that I think everyone should do it if you're new is you have to align the level, which is extremely important because you need to know where to enter to get the full picture. You have to understand that news and data is what moves the market. Zooming out is how you get the most important levels, like doing intraday levels like on a 5 minute or 10 minute chart. It's good for that day. But you're not going to get the prime prime trade setups unless most of your money is made on these big moments. Yes, of course as you get better you can make money every week. But it's nothing compared to waiting for these big levels. For the most of the big traders I know, like most of their profit, it's from these moments where you get reacting is everything. For day trading you don't need to predict every move. You need to understand that when you're trading, having a strong bias when day trading, it can blow up your account because you'll end.