A Day in the Life of a Millennial Day Trader

with the eggs okay please give me a good price once everyone sings okay okay okay two cents a [ __ ] just kidding that kind of crazy starts only happens a few times a year as a day trader I usually wake up at 4 a.m. here in the Pacific West Coast which is 7 a.m. market time once a while I'll jump out of bed and run straight to locate borrows too short a stock but most times that's not really necessary once I got up I'll run to brush my teeth and get ready for the morning [Music] and then it's Coffee time I don't really eat breakfast but I always need coffee to start the day while we're waiting I know what you're thinking Oh in all of millennia with their fancy snobby drip coffee I'm too cheap for that I don't do anything like that I just know do the store bought a coffee grind from kicking horse coffee cost me like 10 bucks for the entire month and by drip over coffee and mint pour over coffee while I wait for my coffee to brew I usually like to stretch and do some yoga to waken up my body [Music] after I got my stretch and a coffee it's time to start working on reading the news scanning the market and writing out my trading plan this is the part that takes the most time it's a preparation before the market even opens okay so now that I have my coffee in my system and finally tonight yoga morning stretch and finally a little bit more awake now because it's tough waking at 4:00 a.m. every single day and the Pacific rescue west coast just to trade at 6:30 when market opens but no I'm not big yogi or anything I just do it enough to stay fit and to you know wake myself up in the morning I'll usually prepare and get ready until about 6 a.m. it's now about 6:20 and 10 minutes before the market opens this is a time for me to do any last-minute strictures and prepare before the market opens and from 6:30 to around 8:00 a.m. is where I do the most active trading this is usually the time when the markets are the most volatile and provide us a lot of ranges to trade to the upside and the downside a lot of people think oh when you're day trading you're literally like punching buttons buying and selling all day long but that's not true at all actually most of the work I do in trading I plan out before the market even opens so when market opens I'm just literally executing my training plan either to buy or sell at stock at any particular price I already planned out there will be days where I make five to ten trades a day sometimes a little bit more if the market is really volatile and there's a lot of opportunities well I'll take you know maybe 20 to 30 trades a day but that's really rare a lot of times when I'm trading and I'm literally just waiting for the setups to come to me I would go on Amazon to shop or I'll go on Facebook and YouTube because it's literally wait cheaper for me to do so then to go in to buy or short a stock that's not ideal for me the key is patience patience patience that's the hardest thing to do in trading at around 9 o'clock isn't where I take a small break and eat some snacks [Music] yes that's right I'm eating dried fish it's a weird no I don't think so but is it delicious absolutely and in most days I also need to go back and take an hour of beauty nap because you know waking up at 4 a.m. on the Pacific West Coast is not easy once I woke up from a nap from 11 o'clock to 1 p.m. is where I'm just usually observing the market sometimes I'll trade once a while if there's good opportunities but most of the time I'm just listening to news watching YouTube and chatting with other traders in the afternoon I'm just mostly observing the market and preparing for tomorrow basically and by the way this is like the perfect time for me to sit here and catch up and all my YouTube subscriptions and I'll make sure to you know tap those like buttons on all the subscriptions and do my part to help out with everyone else's YouTube algorithm once the bell rings at 1 p.m. in the markets closed that's where I finally can cook and eat my lunch so I'll admit when it comes to cooking and probably the laziest person ever like I just really don't give a [ __ ] about cooking usually I'll eat some leftovers or some takeout or just throw some Instagram and on the stove yes that's right this is instant ramen I need to get my daily dose of MSG Sok after lunch I'll go back to Journal Mex raids catch up on some news if there's any after-hours movers and doing some miscellaneous work on my computer a lot of times this is where I will plan out my YouTube videos around 3 p.m. in the afternoon is when I'm finally getting ready to go out this well change and do some very minimal makeup if you've been following me on a YouTube channel you know I care as much about makeup as I do with cooking I really don't give a [ __ ] I don't really believe in spending 20-30 minutes putting on layers of powder on my face I got just not me my go-to makeup look will take me less than five minutes and maybe once or twice a year for some special occasion I'll spent a lot of extra work on my makeup yes that's right instead of five minutes now I'll give it ten minutes before I go out I just want to take a quick second to admire my new shower curtain I got it after my optometrist told me that I'm staring at a screen too much and I need to look at more trees so I got this so I don't have to go out anymore now that I've gotten ready it's time to pick up my friend to go to workout so there's a running joke I'm a channel that I only want a Civic and not a Lamborghini and that's pretty true I Drive a Toyota Corolla from the early 2000s when my family and I immigrated to Canada this car may now be worth a lot but it really means a lot to me I remember all the struggles my parents had when they first moved the entire family to this foreign country it was extremely difficult for them to get a car with no credit history whatsoever and this car really just represents all the first five years of struggle was a first-generation immigrant family [Music] so this is my friend Belinda and we've been pole dancing together for about two years now we take our classes at Tantra fitness [Music] this is our instructor Mickey [Music] I think Mickey secretly enjoys torturing us each week in the pole dancing classes [Music] pole dancing is hard it's an extremely painful sport it's pretty not as easy as most people think [Music] after two hours of intense workout it's time to eat and yes to put back all the calories we just sweat off my friend Belinda and I love to eat and one of our go-to food is Vietnamese pho and fried spring rolls after we're done eating it's time to go home wind down shower and getting ready for bed and we'll start the cycle again tomorrow at 2 a.m. [Music]

Channel: Humbled Trader

Views: 6,401,325

Keywords: ricky gutierrez, day trading for beginners 2022, how to make money in stock market crash, stock market crash 2022, how to trade in a market crash, stocks to buy in a market crash, life of a day trader, day trading for a living, day trading canada, graham stephan, Day In The Life of a Millennial Millionaire, millionaire day in the life, stay at home millionaire, how to invest in stocks, how to be a millionaire, stock market investing for beginners, warrior trading

Id: FWAaSqJXa8w

Length: 10min 13sec (613 seconds)

Published: Wed Mar 25 2020