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How to Trade Stocks and Invest While You Work an 9 to 5 Job

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How to Trade Stocks and Invest While You Work an 8 to 5 Job ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! STOCK TRADING COURSES: -- http://tradersfly.com/courses/ STOCK TRADING BOOKS: -- http://tradersfly.com/books/ WEBSITES: -- http://rise2learn.com -- http://criticalcharts.com -- http://investinghelpdesk.com -- http://tradersfly.com -- http://backstageincome.com -- http://sashaevdakov.com SOCIAL MEDIA: -- http://twitter.com/criticalcharts/ -- http://facebook.com/criticalcharts/ MY YOUTUBE CHANNELS: -- TradersFly: http://bit.ly/tradersfly -- BackstageIncome: http://bit.ly/backstageincome
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Text Comments (79)
Roman Shamrrat (3 months ago)
How I day trade with 5000 dollar.i want to make money every month. I am working with very low salary.please can you recommend me.
Sasha Evdakov (2 months ago)
this is very difficult to explain in a single YouTube comment. You may want to take a look at any of our other videos on the website and also review some of the detailed courses we have
Agapito Hampaslupa (4 months ago)
is trend trading different also on those two?
Donta Evans (11 months ago)
I would like you to go into detail you you shouldn't day trade because I way told that day trade was more safer
Sasha Evdakov (10 months ago)
+Donta Evans could you rephrase the question? This is I assume regarding day trading has more risk because of the overnight risk? Well in theory this could be true but there are of course other risks when it comes to day trading like emotional issues or having high frequency of trading things that create more losses.
Kami sama (1 year ago)
Can I start trading with 800$
Kami sama (1 year ago)
Sasha Evdakov which brokers can I start with with that amount that accept people from outside USA
Sasha Evdakov (1 year ago)
+Kami sama yes
Vladimr Phelps (1 year ago)
What time is considered "day" for Day Trading? Like from 6 am to 12pm?
Bebitu Bibi edit (1 year ago)
what kind platform are u used?
Sasha Evdakov (1 year ago)
TC2000 by Worden - check the resources tab on the site for other additional resources - you can also see freestockcharts for the free version.
3E (2 years ago)
How do you feel about trading on the Robinhood app? I have been using it for about a month and it has been good so far but as I watch more of your videos I am not sure if the simplicity of it is a good or bad thing. I don't know of more statistical graphs would make it easier or more confusing to make trades.
rodney estrada (1 year ago)
I use Robinhood for iOS as well. Eventually i'll move to desktop platform as Robinhood rarely trades "on a dime". When I swipe up my preferred sell price is rarely where i intended it to be. Sometimes higher, sometimes lower. Also, my trades are limited to three day trades a week per regulatory rules.
Sasha Evdakov (2 years ago)
It is okay if you put on one trade here or there - but for active trading you will probably need something more robust. I assume they are focused on people who worry about the commissions or a few bucks rather than the active or professional traders since they dont have a desktop version.
Nancy Garcia (2 years ago)
your voice 😍
Sasha Evdakov (2 years ago)
Thank you Nancy :)
Champignon Seje (2 years ago)
16:00 time to get up and go to work
Champignon Seje (2 years ago)
I meant the ringing tone in the baggrund, it reminds me of my morning alarm and getting up to work. :) but thanks for you videos
Sasha Evdakov (2 years ago)
Push it - get to it - get it done... motivation... its work time! Hey thank you so much for watching. Truly appreciate it :)
Zaid Alchalabi (2 years ago)
this is my issue. i started trading when i was comissioning a plant and worked 12 am to 8 am in a plant ( salary 8k a month). came back at 8 and started preparing watch list then trade 9 am to 12 or so then sleep. after papertrading and 2 months education and chatrooms i started with 6k and turned it into 17300 ( so far) . then when i finished comissioning and went back to my office which is regular job 9-5. i had major issues. i couldnt trade as i cant even be on my laptop for 10 mins let alone watch charts and be in chatroom. so i had to withdraw my money and quit trading. it sucks... i complained so much about night shift work when i started it but it was awesome cuz i had perfect life. hotel FREE. per diem 100$ a day. free car and gas and work night shift only. so i can trade in AM... sucks that market is also closed on weekends.
Super Story4u (1 year ago)
+Zaid Alchalabi: then go back to night shift.
freedom77 (2 years ago)
ive lost on most trades made about 100 dollars ,spent 1100..(without training)
freedom77 (2 years ago)
now made about 700--spent1500 .definitely learning..
Chase Ryan (2 years ago)
Your channel is gold! Thank you for sharing!
Sasha Evdakov (2 years ago)
+Chase Ryan Thank you for the kind comment. Glad you enjoy the videos. :)
Jonathan Black (2 years ago)
Hello and good morning trading teacher Sasha Evdakov this is stock trading student Jonathan Black from Ohio. at 1:25 you go on about saying day trading is not a good plan, but the thing is some times it is a good idea to sell in the first few days and other times its ok to hold for a loss for a few months becasue eventually you will break even or be at gain someday, you just got to know when to hold them and know when to fold them.
Jonathan Black (2 years ago)
I had a terrible day today. my stock closed on friday at 5 micro points well technically 4.78 micro points but today it closed at 3 micro points. i lost 610 dollars per point, im down about 1200 bucks today. but i did see asking 4 so im not panicing. with the bidding 3 and asking for. i was trying to sell half at asking 5 but it just did not want to take today, i was going to try to sell at asking 5 and then had a program order set up to buy at 4 but ohwell. im not worried about that though the thing that got me was i see good daily sto but then it go real bad on the intra-day sto so then it went to crap, it was also puzzeling that it last traded at 2pm and then could not get any more buyers after that and also no sellers as well all though not as much of aproblem due to the massive bid giving massive support on the 3 micro point price.  my acount grew from 1600ish dollars at the close of november then reached a recovery peak of 3400ish dollars and now today my acount is worth 2200ish dollars. it was a blood bath but im hoping that daily sto can get back into that uptrend again i can wait to sell on the 5 and buy back 4 like i wanted. thing that has me excited is the low asking volume i seen on asking 4 price it was so small in size to i feel that once that uptrend starts im going to have no trouble selling my other half at 6 and then the rest at 5 and then booking it and coming back into my stock a few weeks later when things might have gone into another long term up trend.
Jonathan Black (2 years ago)
+Sasha Evdakov (TradersFly) i closed at 3400ish dollars too today about 6 hours ago about 2 hours after my last message on this thread. im not just hoping i can lock in this money instead of losing it but i got a whole weekend to consider trading strategies.
Jonathan Black (2 years ago)
+Sasha Evdakov Thanks for the kind words Sasha, these past few weeks i got the luck of the irish with me and my trading, In November my accunt closed at about 1600ish dollars and as of today its at 3400ish dollars, for a little over 100% im finally hit my goal of going over a 8 month high as of today, id been flirting with a 8 month high since the days of the last week of December my previous peak on this bounce was December 29th. Iv always agreed on this long term trading style its just i needed some people to come along on youtube and then speak kindly about it to give me that extra inner streght to go on, and now i am more alive than i feel in a long time and thank you for that Sasha.
Sasha Evdakov (2 years ago)
+Jonathan Black Thank you for your insight. Yes one needs to understand their plan. However the bigger money is made holding on to stocks for weeks or months at a time. In addition, for most people who have a day job it is difficult for them to do day trading (for this video at least).
Andres Rodriguez (2 years ago)
Which market (other than NY or US) has a high volatility? I have an 8-5 job and I would like to get home and start trading in Sydney, Europe or Asian market. Which one you recommend?
Cao Tuyết Mai (1 year ago)
Thanks Sasha. HI Andres Rodriguez, I'm in Vietnam. We are planning to introduce the Vietnam stock market by YouTube channel. Hope you view and contact us.
Sasha Evdakov (2 years ago)
+Andres Rodriguez I personally only trade in the US market so I can not give appropriate advice on this question. Maybe someone from the community can guide you or answer you properly.
Mega Thingz (2 years ago)
Can you do a video on trading stocks when you have a 7-4 job? Just kidding.
StickyE (2 months ago)
After that can you do a video on: "Trading When You Have a 5am-9pm Job"
Sasha Evdakov (2 years ago)
+Mega Thingz Interesting point... maybe trading if you are overseas :)
David Rusterholz (3 years ago)
I work night shift so I can trade during the day but like you say want some long term trades as well.  Had a options account with a broker I told the company to have him not contact me anymore I still have my account and will do it alone.  I have to disconnect my telephone because brokers keep calling me I realize I have to learn it on my own that is the best way.  Need to see what works best for me and stick with it thanks again Sasha.
Sasha Evdakov (3 years ago)
+David Rusterholz As I always say : no one will care about your money the way that you do. Most brokers (not all) are simply there to sell you like sales people. They first care about themselves, then their job, then maybe you - and if your lucky after that comes your money.... For most people though they work out fine because it takes time and energy to learn even a little bit about this business.... just depends what one wants from it all.
Paola Hernandez (3 years ago)
Where do you recommend to trade for beginners?
Sasha Evdakov (3 years ago)
+Paola Hernandez Highly liquid blue chip companies... in terms of stocks... for brokers - anything with good customer service. You question is not as specific as to "Where" could refer to types of stocks, brokerage account, etc so if it didn’t answer your question just let me know more specifically.
Matthew Smith (3 years ago)
I work a 12 hr night shift. Is it still possible for me to effectively trade stocks or is it mainly for people working during the day
Sasha Evdakov (3 years ago)
+Matthew Smith You can trade, it is just you may have to trade a bit differently than others. You know what time you have available so you may have to adjust your trading style to fit with your life style. There are many different ways to trade or invest...
Denise Stcyr (3 years ago)
you mentioned the book Timing the Trade by Tim O'Brien are there any other good books that you could recommend please? Many thanks interesting listening to your videos - lots of good tips.
Sasha Evdakov (3 years ago)
+Denise Stcyr Depends what you are looking to learn and what level you are at. Darvas, Oneil, have some great books. You can even check out some of the books I wrote - Start Trading Stocks or 245 Money Making Stock Charts
Gemeplay (3 years ago)
I think there is good opportunity for growth in stock if you lund choos
Zapper Zapped (3 years ago)
In my experience, for the past 4 years being in a full time job and also an intra day trading addict for the past 9 years, i have lost hell a lot of money and know many people who have been trading over longer time frames and have lost every penny and are trying to recover their losses from taking loans within their families and losing that money as well. Also there`s a negative that i can`t do short selling on stocks and hold those positions overnight. If i ever do swing trading, i need a lot of capital investment, as my broker will not provide me any leverage for holding stocks overnight. I also need to make up my mind about the maximum holding period for swing trades.
Sasha Evdakov (3 years ago)
+Zapper Zapped A lot of things in the market are all internal battles. Most people never win because they fight with themselves. Takes discipline. Thank you for watching and all the other great comments...
Jared Bergman (3 years ago)
which stock program do you use?  
Jared Bergman (3 years ago)
+Sasha Evdakov thank you
Sasha Evdakov (3 years ago)
+Jared Bergman Freestockcharts dot com  is the same thing with ads. So you can use that instead of getting the paid Tc2000 ….   However I do not trade ETN's you will have to do your own research on those. There is a lot more content and resources on my website so take a look there as it might be helpful.
Jared Bergman (3 years ago)
+Sasha Evdakov i see this is not a cheap program.  I am a newb.  I have never traded before, I just have a boring mutual fund my father set up.  I want to start swing trading.  (i know what that means now thanks to your other video).  I am specifically interested in $UWTI.  The volatility is very appealing to me.  THere looks to be a lot of upside.  I am holding out for probably at least a couple of months, but I will be monotoring it, and the price of oil.   How does one trade an ETN?  Do i need a brokerage to make the trade for me?  Or is there someway to do it on your own for cheaper?  If I do need a broker, would you suggest a brokerage that provides decent software with candlesticks and other pretty UIs? Thanks!  I signed up to your newletter.  excited to learn. - Jared
Sasha Evdakov (3 years ago)
+Jared Bergman TC2000 is used in most of my videos.... by Worden
nainjatt (3 years ago)
In swing trading, the brokers do not provide leverage whereas in day-trading they do. Good day traders make money by using the weapon of leverage. Leverage is a double edged sword but it can work in your favor quite a bit if you know what you are doing. For swing trading, one needs at least $50,000 to see any sizeable returns whereas for day-trading, you need relatively smaller amount (say $5000) to see good results. 
nainjatt (2 years ago)
+Christopher Dixon Not if you read my comment with a little bit of common sense. I am a day trader and a swing trader trading a small account. I, on average, make about 0.35% on my account daily (6-7% a month cuz I have losing days as well). My broker provides me leverage of 3:1 but I rarely go beyond 2:1. I know day traders who use 20:1 (yes, twenty to one) and they make a killing but they have been trading for 15+ years. 
Christopher Dixon (2 years ago)
+nainjatt Calm your panties! Great follow-up explanation. Your original comment will certainly confuse the beginner trader by them thinking leverage is the way to go. Also, not that I 100% disagree with you about using leverage day trading (since yes, if you have a solid understanding of your trading plan - go for it!), but I've been a part of several day trading programs and not one of them recommends using leverage.
nainjatt (2 years ago)
+Christopher Dixon Did you read this part of my comment you moron? "Leverage is a double edged sword but it can work in your favor quite a bit if you know what you are doing. " Beginners never know what they are doing. Leverage is for professional traders with at least 4-5 years of experience. Also, the level of leverage is also important. With 1-2 years of experience , a leverage of 2:1 is NOT something that can't be managed.
Christopher Dixon (2 years ago)
+nainjatt Negative.. horrible advice. You should never trade on leverage as a beginner. That's a great way to kiss your trading capital goodbye.
David Rusterholz (3 years ago)
+nainjatt good advice thanks
Kawaii Senshi (3 years ago)
PS Please make that options course i cant wait to buy your courses! :D
Sasha Evdakov (3 years ago)
+Ashawndra Edwards Thank you Ashawndra - It is in the works.
Kawaii Senshi (3 years ago)
Sasha I want to personally THANK YOU for taking the time to make your videos they are so clean and professional, i don't get bored watching you, and i appreciate that i am not just staring at a chart and listening to a guy talk about pivots points and resistances (like i'm supposed to understand what those are!) You have a loyal subscriber here and i look fwd to watching and commenting on more of your videos :D Ps it would be even more helpful here on YouTube if your before you start trading playlist were in a play through order of very beginner info to the more advance topics. Only reason i recommend this is i began watching this video asking myself what is swing trading and then digging around your other videos hoping there was a video explaining what it was (which lucky there is! cause your awesome!) TY TY TY again for making this learning way more easy digestible and ENJOYABLE!
Sasha Evdakov (3 years ago)
+Ashawndra Edwards  Hi Ashawndra - You are more than welcome. I am happy that you are learning. Keep pushing yourself in the areas of life you want success. As long as you don't stop and are willing to adapt to make the right changes to get there - no question that you will get there.  I will try to have someone sort through them soon enough. At the moment we sort them better on our website. However, I will make a note of it and maybe I will have my assistant take care of it.
Jason Russell (3 years ago)
Swing trading can be good, but it is actually very stressful and hard for inpatient people. Basically find a style that fits your personality. I personally make great money day trading. I cannot manage long term trades at all even though I pick great entries when I try it.
bangdanger (3 years ago)
Actually you can make quite A LOT of money day trading. Just depends if you know what you're doing. Great videos though, keep it up. 
ambienceization (2 years ago)
+bangdanger whutta self righteous sounding kant. Since you really know what you're doing you're on the billionaires list ya little fecker, eh?
Steven B. (3 years ago)
You've got a good point. I would love to day trade in the future, but I would be outright lying to myself to say that I have the ability to do that now.
bangdanger (2 years ago)
+st3vo1012 Well, again, it depends on if you know what you're doing. Takes time and experience.
Steven B. (3 years ago)
I think he agrees that in general, it's a solid trading style; it's just that for people with a full-time jobs, it's riskier because they can't watch where the market is going minute by minute. Being a student myself, this is very relevant for me.
Michael Perry (4 years ago)
Looking forward to you doing the course on options. 
Michael Perry (4 years ago)
Never read the lord of the flies.
Nonja Business (3 years ago)
You are missing out my friend. It is a short novel, but an excellent piece of work. Really shows how self-interested we are as human beings and how far we are willing to go to ensure self-preservation (also how pervasively animalistic we can truly be under specific circumstances) . 
He dicho (4 years ago)
The actual purpose of the game is to attract people to the stock. My optimistic goal is to win by learning how to do it... but I get it, the person who makes more money isn't necessarily the one who learns more. Your suggestion is now helping me see things clearer. Thank you.
Sasha Evdakov (4 years ago)
If your playing a game whether you want to win real $ or candy the goal is - to win the game OR to learn something. The question is do you want to learn or do you want to just win the game? If its to win the game and not worry about risk then just put all your money into one large stock but this increases your chance of risk ruin (loss of ALL your money). I would still do swing trades as you have chance for gaps, but again you want to win the game or you want to learn something? That's up to you
He dicho (4 years ago)
Here's a special case. I entered a competition where I have to do paper trading, it's fake money, but the price is actual money. Basically, I have 100k fake usd and 7 weeks to profit from it. Should I invest everything by buying stocks from the most solid companies and wait for it to produce money? Or is day trading relevant in this case? Thank you so much, everything is very well explained, but what about these cases where there's a "deadline"?
Sasha Evdakov (5 years ago)
Two best books I would recommend are: William O'neil How to Make Money in Stocks ... and Tom O'Brien - Timing the Trade (start with Timing the Trade if you are new as it explains things very clearly from the basics).... I have a detailed course coming on this next month (video based) - but at the moment grab the books if you want.
Vincent Hunt (5 years ago)
Thank you! How can I learn, specifically, price action, volume and behavior fundamentals?
Sasha Evdakov (5 years ago)
They are very good and very powerful IF you know how to trade them. I trade them often in my IRA account. However if you do not understand price action, volume, and behavior - then you are missing fundamentals. However they are great - just dont believe all the hype everyone boosts about them, they are powerful in the right conditions at the right time. I may make some options videos towards the end of the year.
Vincent Hunt (5 years ago)
What's your opinion on trading binary options? Thank you

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