Small Account FAILURE!!! 90% of Trading Stocks / Investing Is Dependent on PSYCHOLOGY

Daniel Thomas is a stock trader (daytrader / day trader and swing trader) who specializes in analyzing technical stock trends, chart patterns, and various day trading indicators -- then applying his analysis to buying and selling stocks. Daniel firmly believes that traders make money both ways, and is known to both short stocks, and go long, often times in the same trading day.

Disclaimer: The videos Daniel puts together are…
1) Largely intended to be used as a personal journal (for Daniel Thomas), where he documents various day trades (sometimes swing trades), for personal reflection. He believes that one of the best ways to fix mistakes, and/or weaknesses, is to face them head on; and recording videos of his stock market blunders is his preferred method for self-accountability (you can't hide from a weakness that you're forced to see). On the flip side, reviewing strengths can help solidify profitable trading strategies -- so recording all trades (not just the losing variety) enables Daniel to identify both his strengths, and weaknesses, when it comes to applying technical analysis to the stock market in a day-trading fashion.

2) The content Daniel Thomas makes public should NEVER be misconstrued as financial advice. He is NOT qualified to give financial advice, and as such -- would never do so. There have been countless times where Daniel has had to ignore email questions/chat/etc., because traders have asked his opinion on the future direction of a stock. Daniel shares perspective with the likes of Warren Buffet, Peter Lynch, and many other great traders and investors, in that -- the only person any of us should trust with regards to "advice" on the stock market -- is the person staring back at us in the mirror. And if the person in the mirror doesn't know how to personally trade the stock market, they should: a) acquire an education on the art/skill of trading and investing before getting involved, b) develop said skill through an abundance of practice (preferably in a simulator; such as the one DAS Trader Pro provides), and c) avoid trading with money they cannot afford to lose. If a person lacks the time and money to meet these prerequisites, and/or wants "legitimate" financial advice -- they should consult a certified financial advisor, and/or someone who is legally qualified to give such advice.

3) Daniel's content is for educational purposes ONLY. He makes his day trading videos public, because he thinks that other traders may see his successes/failures, and open their minds to what he calls, "the bigger picture." There are 1,000 ways to trade the stock market, just like there are 1,000 ways to swing a golf club. Daniel believes that individual traders can benefit by watching the strengths and weaknesses of other day-traders, and though it would be nearly impossible to successfully flawlessly replicate anyone's trading strategies (or any golfer's swing) -- watching a "bigger picture" of the stock market, and a trader's day within -- will undoubtedly add to the education/wisdom of any person pursuing personal development in applicable arenas.

Favorite day trading strategies and technical patterns:
-gap & go; gap fill; momentum strategies
-Head & shoulders
-Descending triangles, Ascending triangles
-Moving average crosses (including the use of VWAP)
-Opening Range Breaks
-bull flags, bear flags
-Daniel's self-proclaimed "levels in space" day trading strategy
-The Daniel Thomas "euphoric pop" trading strategy

Favorite authors on topic: John Murphy, William O'Neil, Edwin Lefevre, Benjamin Graham, Peter Lynch, Mark Douglas, Toni Turner, Andrew Aziz, Ross Cameron.

Trading Platform: DAS Trader Pro
Brokers: Capital Markets Elite Group (CME / CMEG), Interactive Brokers, Fidelity, (will never use SureTrader again)
Favorite Traders: Jessie Livermore (lol), Andrew Aziz, everybody in the book "Market Wizards," and much respect for Ross Cameron, Nate, Tim Sykes, Clay Trader, and more…
Equipment: Acer 38" ultra-wide gaming monitor, HP IPS 23" monitors, HP Omen Gaming PC, Dell Inspiron 17" laptop, AOC portable usb-powered monitors (travel station), Uplift sit/stand desk, gaming keyboard, J5 create USB-HDMI splitters, Logitech mouse.
Scanners: Trade Ideas pro, Benzinga Pro, FinViz
Chat room: BearBullTraders
YouTube Channel: Daniel Thomas
StockTwits profile: DanielWThomas

Group Promo Code for CME (broker): CMEGDANIELTHOMAS

Education:
BA & MBA - Fresno State
Vocational (Firefighter, Pharmacy technician, Hazmat specialist, Real Estate)
Soldier - US Army

#DayTradingVideos #HowToDayTrade #DanielThomas

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