The video provides a comprehensive beginner's guide to becoming a full-time day trader, including a simple chart-based strategy, recommended trading platforms, and how to trade using prop firm capital.
Key concepts such as candlestick reading, support and resistance, and trend following are explained step-by-step, along with a live example trade walkthrough.
The presenter promotes their own prop firm, EdgeFund, which offers instant funding for traders and highlights benefits over traditional prop firm models.
The call concludes with recommended best practices, including strategy discipline, journaling, and an invitation to join a paid inner circle for further training and community access.
Action Items
Immediate – Viewers: Practice reading candlesticks and identifying support/resistance zones on TradingView.
Immediate – Viewers: Sign up for accounts with TradingView and a broker such as Tradeovate.
As Ready – Viewers: Test the outlined trading strategy on demo accounts before using real or prop firm capital.
As Ready – Interested Viewers: Use discount code start20 for 20% off on EdgeFund prop firm accounts via the video link.
As Ready – Interested Viewers: Apply to join the presenter's inner circle for further training, live trade breakdowns, and access to trading psychology support.
Day Trading Fundamentals and Platforms
Day trading involves buying or selling financial instruments (stocks, crypto, commodities, etc.) within a short period (minutes to hours) to profit from price movements, both up and down.
Traders primarily use two tools: TradingView for chart analysis and planning, and a broker (e.g., Tradeovate) for executing trades.
Candlesticks are used to represent price action for a set timeframe (e.g., 1 minute, 1 hour); green candles indicate rising prices, red candles indicate falling prices.
Understanding price movements, including the formation of higher highs/lows and lower highs/lows, is key to recognizing trends and making informed trades.
Trading Strategy: Support/Resistance and Trend Following
Define major support (price floor) and resistance (price ceiling) zones on the 1-hour or 4-hour timeframe.
Wait for price to break through a zone, then retest that level as the opposite type (resistance becomes support, or vice versa).
Drop to the 1-minute timeframe to look for a change in price direction, signaling trend reversal (e.g., lower lows to higher highs).
Enter trades on confirmation of trend change; set stop-loss just below/above the recent swing low/high, and set take-profit at a recent high/low.
The presenter demonstrates this with real chart examples, emphasizing risk-to-reward and strict trading hours (8am–11am CST).
Leveraging Prop Firms
Prop firms allow traders to control large amounts of capital ($25k–$150k+) by paying a fee and meeting certain trading criteria, enabling significantly increased profit potential with limited personal risk.
Traditional prop firms often require passing challenging "proving" phases; the presenter's own firm, EdgeFund, offers instant funding with fewer restrictions.
A sample calculation shows how traders can earn substantial monthly income (e.g., ~$20k) with prop firm capital using the described strategy and reasonable risk management.
Best Practices and Psychological Discipline
Stick to one proven strategy and one trading instrument to avoid confusion and overtrading.
Keep a trading journal to record and review all trades, learning from both winning and losing trades.
Treat trading as a business; maintain focus and consistency by trading only within specified hours.
Emotional discipline is crucial; avoid abandoning strategy after losses and resist the urge to chase new systems.
Additional Support and Community
The presenter offers an “inner circle” membership that includes access to all their strategies, live trade breakdowns, a private trading community, psychological coaching, and trade review feedback.
Decisions
Recommend TradingView and Tradeovate as primary tools — Chosen for their simplicity and suitability for beginners.
Promotion of EdgeFund over other prop firms — Due to instant funding and fewer restrictive rules.
Single-strategy focus and trading hours set (8am–11am CST) — Based on presenter's experience and results.
Open Questions / Follow-Ups
No explicit open questions were noted; viewers are encouraged to join the inner circle or community for ongoing support and tailored answers.