How to Day Trade in Stock Market for Beginners Ft. Ricky Gutierrez!
In this video I'm, joined with Ricky Gutierrez and, we're going to talk about how, to trade stocks for, beginners. And. What's up everybody I'm joined here with a very very, special guest this is Ricky Gutierrez most. Of you should probably know, who this is if you've seen. Any videos related to stocks I mean this guy's all over recently. On YouTube on, Instagram, and, it's been a long time coming, we've been talking, for, some time now I met you a few, months ago a couple months back in, Orange County and then finally, Ricky, came, to my home 2000, me not. A bad place. Thank. You appreciate it, and today, you know I just want to get him on my channel because I know a lot of you ask me questions about, investments. And one. Way to invest is the stock market so who, better learned from from mr. learned plan profit, this, year is over here. Mr. boom boom boom yeah alright so Ricky if you could just introduce yourself, a little bit and just like maybe like a little bit about your background what you do and you, know what. You're about yeah, so my, name is Ricky tears I'm 24. Years old, so I almost, of them 23, but now I'm 24 now and. I'm ordered, raised in California. Right so okay. So, yeah Southern, California boys over there but. Yeah now I live in Arizona I'm mainly known for investing. In the stock really, just a lot of day trading I have a huge focus now, in day trading ETS, it's not something that I'd recommend for everyone but it's worked really well for me and. Ultimately. I've been able to not, only like, invest in the stock market and do well with that but I've been able to really diversify I bought my first house at age 20, and then now 24, I've had the blessing, to six, properties, and invested, in mortal multiple, series of different life businesses, startups and now. That usually got into like being. A funder for our. Lender, for hard money launch so I pretty much not funded those specific, type of projects, and just looking, to you. Know I think the really cool thing about this is like one of the reasons I'm over here is to, learn from talented, people that have someone like yourself that's very gifted. In this specific, niche I think, that's really the beautiful thing about like networking, it's not only just always. Trying to know. The, most about everything, but just being really knits down and then always in your close group of people you know would have people that have like amazing talented certain areas that you can always tend to refer back to so that's kind of where I'm at now. I run the largest YouTube, channel for those who day trade in the stock bracket we have a little bit over five hundred and sixty thousand, subscribers, a little bit over 110,000. Authors on Instagram so we'll loop yeah. And we, have one of the most successful, largest. Trading groups are for those featuring the stock market so yeah how many people are in there so we have over two hundred and eight thousand, members within our free Facebook group for tech positions, that is in, saying, right, community that's awesome I know that from the ground up I remember like because I've been following you for a while online like I subscribe to YouTube and I remember you mentioning like tech buds yeah and like joining the group and just the number just kept getting bigger and bigger and now you're at, 200,000. Which is just and, also the largest private, Facebook group for those who try to massage my kids Facebook like that it's just so crazy to be able to see like you know I was watching different Thai I learned, everything from like YouTube. University, right yeah, and, being able to see how these other people were able to kind of like you know really shape. The way of how everyone really got started but then after a while it's just not, for, teaching purposes but, really just wanted to kind of like I've made, a video when I bought my first house I did Swain wasn't anything special I was a true believer in having a stable income and use that stable income and the series of different other things I was doing on the side to, supplement, my life saving to town which when I was able to leverage to put a down payment on my house and then when I bought that house I bought my neighbor's house and after that about two condos and then after that I bought the house that I live in now and I'm funding up a house from Columbia and it's just been really this like amazing journey where nothing.
Started, With the sole focus of like I started making videos because I wanted to become a youtuber, but I did it because like, I, always. Found it so interesting to. Hear people's stories and I was just like I just, thought it would be cool to be able to share with other people and hopefully one person would see valid it but now. We've been able to pave the way for you, know two hundred eight thousand amazing. People and we've, only been growing from here so that's insane, grassman that's awesome man so you. Know when we're talking about getting into stops, okay. And a lot of people there's a lot of beginners who are looking, to you, know start investing, and as people get more educated, thanks, to you know YouTube channels like yours yeah that just basically spreads. The word and education. On how, to like invest and invest in yourself and, be able to you, know make income outside of, the traditional medians, of like you know a job and just a traditional. System yeah so, when it comes to you know beginner getting, into, stocks and I know a lot of our philosophy. Like my philosophy with a fillip marketing and like long term thinking, and branding, and just, really, focusing. On sustainability, yeah, so what are some tips that you have for anyone who's trying to get in to start trading so I, think that, because. The stock market is so accessible, that people. Think that I offer, like with them LPP, errata which is limping profit I'll my the trading session so every morning I trade live with this troupe and they think that like oh well British trading with a certain, dollar amount and if I have that dollar amount and I can see them show you live I'm gonna copy a straight and I'm going to do just as well as them that's not how it works and that's you know that's the reason that you're going to join our team don't, even bother enrolling because we're. Here to just like with like your you're like you know a team as well you're, here to teach people to become self-sufficient, by, investors. Entrepreneurs and, it feel like marketers right say, anything when it comes out to treating I'm actually to tell people what to do I'm not here to hold your hand I'm not gonna make, it any easier for you just because human roll its I'm gonna provide the guidelines, and the foundation, in which you can build off of but it's still going to dedicate time and hard work which. Is not something that everyone's gonna be wanting to do but one, of the biggest things that I would first ask yourself instead of asking how much money do I need to get started to make a certain dollar amount that's always what, people ask yeah you. Know there's a huge learning curve in this market there's a ninety, percent failure. Rate right, like in this market what is it that ninety percent of those people are doing wrong that only 10% of people do. Correctly, and it they, understand. What it is it's new when he comes out to finance on the cars a perfect, example it's, like you, know when you buy and sell a car how do you how can you make sense that you're buying a car, for a good deal in which then you can later sum up our profit people, sometimes don't believe that you can do it but that's, all my cars I've had I've had a McLaren, mp4-12c I put three to four months and I bought it for one hundred five thousand, so look 115, 120, thousand had multiple GTRs I'm on my fourth one right now haven't, lost one penny off you. Know ownership, on any, of them and, it's, just this site it's. Not this like secret of the system I think that it's just like understanding. What something is worth dedicating. Time, to under. To be able to determine that value in, your area and then all it comes down to is you shooting your shot and you shooting your offers until someone accepts, it if they're a distressed seller or they really don't care enough about the car that they're just willing to get rid of it at a much lower price point and because, you were able to negotiate and, you, know make, those years of offers you then came across this deal that you were able to take advantage of enjoy. The car either breakeven, or make a profit, and then Sophia, stocks, are no different, it's like they're, so intangible. That people think that like I'm just gonna buy it and hope that it goes up mmm it's like if it was that simple 90%. Of people would not fill so, I think that, the. Same way that we do things with cars where if, I could fill eight marking you have a very specific like. Knit with them affiliate marketing that you know you, don't say that you I think, that work you were talking that you don't might you just focus on SEO, and ads but you'd like to do a mixture of both right yeah that's, your specific, way of doing it and method but there's so many different my parents about how to do it same thing when it comes down to training there's you know different niches within the stock market of OTC, stocks penny, stocks momentum, stocks swing trading you know ETS, there's all these different areas right, our having to focus into the technology, sector having to focus on a pharmaceutical, cannabis.
And Then, each one of those specific niches, have, different, factors, that drive the price up and drop the price down and it's very overwhelming, right, to. Take all that information to understand how big and diverse the stock market is and try, to understand, all these different factors and different catalysts, and then, as a beginner to be like okay, well today I'm gonna check cameras and stuff like that so why not just yeah. As time goes on test out these series, of different niches see, which niche within the market in resin the, password what makes the most sense to you and which will you have a highest success rate in I have a huge focus on HS I do it should we well right, does it mean that every single trader is going to do just as well as me with. ETS no we have people that are wired in different ways they can do it shrim lee well with momentum, stocks OTC stocks and that's why I think that our you, know group has done so well because we're not close minded in saying that hey you know you enroll in my group you're going to be successful and I teach you exactly what, you need to know to, be successful which is I understand that like if you don't find the information on YouTube informative, or helpful or useful you're probably not going to on my course of informative or helpful because it's, still me right, so making it super clear, that light look it's gonna take time for, you to understand. And find your niche within the market but what's most important, is that you see value that that you understand, that you can make, a property man make money in this market and that you dedicate, time to simply. Like let, that like the only way that you can be successful in any market I think just due to experience. And having gained experience, due, to effort, and practice and how do you gain practice, well you have to dedicate time, to that. Market so those that are trying to make, ten thousand dollars a month in, the next six months I'm. Sorry but probably the stock market isn't for you because it's going to take time for you to build up confident, it's gonna take time for you to build up experience it's, gonna take time for you to build up capital, and then after all that there's, the emotion side when it comes down to trading which is a whole other kind, of like learning curve and that you're going to have to formulate, again if these creative, markets that we, excel. In we're, so simple then everyone would be successful you know doesn't mean that it's impossible it, just means that it dedicates, and it, takes hard, work that. Consistency, aspect, and for, you to be self driven because no one's gonna hold your hand for, you to be successful so that, would be my thing of like understanding. That there's so many different components of different factors and areas within the market and once you understand that and once you find your niche keeping.
It Simple enough that like you know you understand that you're getting something for a good deal and how do you determine that based on patterns absolute focus on technical analysis. This is just like it's a lot of information even just in this video yeah yeah, that. I would. Say a number, one piece of advice is I think, the most beautiful part, about training, in the stock market right now are the concepts, that you can learn and how accessible. It is and you. Can start trading for free right now yes can search it up yes can google it it's TD Ameritrade they offer a paper trading or simulation, trading platform, they're not only the they're. Not just the only platform that offers that there's so many ones out there that's just throwing that like we're aware of and I used to demerit when it comes out to like my real account so whenever it is that you prove to yourself that you can do well with simulation. Trading you can make the fluid transition, to real money right but it's until, you prove it to yourself that, you can grow your account. And you build that confidence and that experience that, then you make the transition to like wow I actually understand, what I'm doing now let me utilize my funds and make, this actually happen not just like oh shoot I have ten thousand dollars no take your some you got it ok, awesome points, I agree, with like, a lot of what you said about start, trading you, can apply the affiliate marketing like when you said that when people want to make like ten thousand dollars in six months with like no previous, experience or background it's. Probably, not gonna happen realistically, yeah it's just it's realistic yeah it's. Possible, but, it's not realistic yeah and I think that's it's very hard for a lot of people that are always. Searching, for like the quick or easy way out and then to understand that I. Want, to say that these markets are easy but I feel like the way that you do become successful in, a lot of these creative, markets are with, very, simple, things that the average person doesn't. Do it, accountability, discipline. Structure, and holding, themselves will, just accountable, for what it is that they're doing and unfortunately. Someone. That has known either business background, or overall experience, it's going to be very hard for you to even understand, that or the importance, of that so I. Think I've, said, that multiple times I'm a big believer or strong believer and there's, a small things in life that can lead to big results but. Unfortunately. People don't, give it time for that to kind of nurture itself, to grow to what it can be yeah. All right so for the people who do, have the right mindset coming into this and they do want to start investing in themselves investing. In stocks to maybe, grow or maintain their wealth yeah how much money do you need to be, successful with, start training how much money do you need just to start I would, say that like if I was someone that was just in and started right now I mean practicing, everything and like you know you're learning right like what it is that you're doing I can't. Come up with a figure of like what do you determine like the right amount cycle for some person it would be like a hundred dollars a day making, that would be just I from, where someone, else it might be they might need $500, today right so depends also your approach for just doing this for like passive. Income or just long-term growth strength, training which means that you hold the position more than just one day and, invest in something like right. Now see, okay, II which is Coquette, aggressive, sell-off offers a six percent margin as a very consistent uptrend it's a multi-billion, dollar kind, of like corporation. And it shows a very you know potential, sign for a recovery that's, something, that like isn't super aggressive, in return, or anything like that but maybe after a month they can grow or two months ago 6%, which can be great you know if you can make an extra $600. Or $1,000, every two to three months maybe, it's really just for you to prove it to yourself that you can make money in the market ultimately. That takes time for you to determine what your edges, on the market so. I would say start, simulation, training it's, written with fake money is it real enough for you find. This middle ground of trading, with enough that, you feel like you have some skin reading but, to also not be trading with so much that you end up feeling like there's. So much emotions, tied to like when you're really just trying to make money there's something that we talked about earlier that if, you're learning how to trade make, sure that your account value. Resembles. Someone that is learning right that you're not training to make money that you're trading to learn so if you're trying to try the ten thousand dollars and you're trying to make a profit and you're super focus on maximizing.
Every Trade you're going to make mistakes you're going to destroy yourself and ultimately. One of the things that I'm doing now is I'm, now training with the hundred thousand dollars right but, the, only way that I got here is because I built, experience. Right I build my confidence and I built my capital, mmm. I would have never got to where this damn today if I aggressively, date. Rated, right, and try to maximize. Every position and trigger with everything in my bank account to try, to make the most money not. Have a you know again the successful, is not in my favor I lose, all that money I get to stretch and then I never want to Tridion so I'll never get to the five, or six or ten years down the road where, I could've tree with a hundred thousand dollars right but, the, only way that I'm going to get there is if, my vision aligns, with, Michael. So if I want to do this ten or twenty years down the road I need to understand, that my. Best, practices. And my habits, and implementing, today align. With just that's if you're again someone, that's just getting, started, and you're learning how to trade you're not trading them to make money you're trading to learn so make sure that when it comes down to your entries your exits market and profit you're cutting losses everything. Is revolved, around the. Idea of learning. To trade not to make money so if you make hundred dollars great but who cares because hundred, dollars isn't really gonna be a big, factor when they're true at the hundred thousand dollars and one percent correlates to a thousand punch we're talking about it earlier that you've been during pre market hours they can be up one or two thousand dollars and, again it's, so mind-boggling, that. People. Will just have such a open. Mindset, for what can you, know you. Know I actually happen, to think unit time is, you. Have just too many people are so focused alike well I want to make it now yo and it's. The now generation so yeah.
I Think patient, is definitely virtual especially in the stock market, awesome, okay I agree with the film RT I mean it's it's, pretty much the same sort of fundamentals. And like mental, like, sort of foundation, like you got me in this for the long term like if you're looking to get rich quick then I mean that's an easy, way to basically. Fail exactly. It's just I think. The. Another perfect example could also be like very peat, of successful, people are people who come from very wealthy families, why do their offsprings, are there you know kids end up doing usually a little bit better because, they have such a relaxed, approach when, they're creating businesses because, they're not so like. Rush, make. Their businesses, work out right yeah and it's that patience, at that time and that overall aspect, of that laid-back approach, that, they're really just learning they have the luxury, of that yes, not all of us have that luxury but, it just seems that then we just have to give it time and be a little bit more patient what that meant for me is I was, a full-time student I was going to ASU I was a full-time worker so I have my normal job that allowed me to qualify for my house and on, top of that I was doing all the different things on the side in which that allowed me to build a Capitol to them qualify, for a house and build up the series of skill sets that when I had enough capital the now able to start, working and make more money there so then I was working twice three times as hard as the average person because, no I didn't have the luxury of my dad had a multi-billion. Dollar company you, know you. Know take. That from him my, dad was someone that way downtown and he would always remind me that you know if I don't want to do that for the rest of my life I needed, to make sure that you. Know I worked hard and whatever it is I did for him that meant going to college. Mmm being. A little different but. Altogether things, played out the way that they did but it's because, of hard, work time. And understand, that the long tradition yeah. I mean it sounds like you hustled, during, the college years and, even today yeah and like I think people they see her YouTube and they see you know they see the McLaren, they see the cars they see the houses and, they're just like oh wow rinkie just like got lucky and it's also because we're so young that there's no expenditures, that you of like oh well they make youtube videos whatever they just a few people will come up and then you'll see and even this comment section though. Is that common like we talked about it earlier those that are doing better will, never subjugate, others that are doing less than they are yeah, it's those that criticize other, people that, are either you, know, just. Either jealous, right that's that's very common but also just. For Brett for and what they've done and that they weren't able to do like to what I'm doing is so easy then, Frick can do it yeah but, guess what you, know you don't you just spend time and wasting time and all that stuff it's like those are the people that you want to avoid the people that you want in your inner circle other people like these guys that were surrounding ourselves with today, 30, years to you know not, just have fun and have a good time but, when it comes down to doing work that you know we do it to, the best of our ability not that we're the best but, that we do to the best of our ability we'll do that every single time that you know we get put up to the plate so yes, sir. All right thank, you so much for your time today if people want to learn more about you, and your brands, and your company, where. Can they find that I would say I think a great resource would just be first. Our free Facebook group we have a little bit over 280,000, members I think that would be it's called technical solutions that. Would be best rate and then the YouTube channel to stay connected with me on that and then Instagram, after, that whatever, it is if you just watch a couple of my videos and you find that effective maybe, you, can look into the law OPP team but if you have not dedicated, time to watch. My content and see what I'm all about it. Just would be a bad investment decision, on your part to just I'm gonna roll right now so take time learn about what it is that we're all about if you liked it and you resonate well with the material I'd love to work with your closer some of it okay I'll put links to all of Ricky's. Websites and everything down in the description below if you enjoyed this video make sure that hit the like button and to comment, below let, me know if you want to see Ricky back on the channel for some more start training content, no no morning. All. Right appreciate it Ricky hope.
You Guys have, a good one we'll catch you next time.