$1000 a Day, is this possible?

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Hello traders, welcome here to my YouTube channel!
 
My name is Heikin Ashi Trader and in today's video I would like to talk about a specific issue that I was dealing with recently. I have been criticized by several people because I stated that as a scalper or also as a day trader, you should try to make about at least one thousand dollars a day when trading.
 
If you are crazy enough to become a trader, to become a day trader or a scalper or somebody who’s active on the stock market every day then it should be worth it in my view, therefore I was stating this. So I have been really criticized by many people or some people by saying this, and of course let’s talk seriously about this. Of course I do not mean by this, that you can or should make one thousand dollars every day. It's not possible of course. I mean let’s try to do this on average, because we all know and those who have some experience in trading you know very well that you’re not paid on the stock exchange like an employee, right?
 
Gains on the stock exchange and as a trader are asymmetric, that means some days you’re making five hundred dollars, another day it might be two thousand dollars and the third day you might be losing money, that’s a reality of trading. So the idea of course is to make an average of one thousand dollars a day.

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So, what’s wrong with that goal or with that idea? I have been thinking about this for quite a time, why are people criticizing this? They are saying, “It’s not possible”, “This is totally unrealistic”, ”You cannot make one thousand dollars a day as a trader.”, “Impossible!”, and I have come to the conclusion that behind this idea or this criticism is a kind of scarcity mindset. You know what I mean? So the idea that there is not enough money for everybody, there’s something like scarcity in our society, there is not enough.
 
As we know there are quite fears, quite economical fears who tried to justify this scarcity mentality. And of course, the media, and also governments are trying to convince us of scarcity mentality. Well yes, economy has one, two, three percent or maybe four percent growth in a year but not ten or fifteen percent growth, so you have to stay realistic and making one thousand dollars a day is not a realistic option. But if you look around, if you look for instances, if you look at society, if you look at what governments spend, if you look at what central banks are spending or are creating.
 
One thousand dollars is nothing at all--nothing. It’s nothing compared to what central banks are creating, so it’s just an idea. It’s just an idea, if you say as a trader “I want to have one hundred dollars in a month”, that’s okay. Then you might maybe make two thousand dollars a month and then you have something which an employee might have or three thousand dollars but that’s not my idea of trading, and I made this mistake for quite a long time as a beginner trader.
 
My first years, I had the idea that if I make little trades here and there, twenty dollars, thirty dollars, fifteen dollars, maybe forty dollars or on good days, hundred dollars. I might come to this two thousand five hundred dollars. Well in my case, it was euros a month, to be able to pay my bills, right? That’s my idea. So I came into trading with the mentality of an employee. So I came into trading with this kind of scarcity mentality.
 
When I started, I had very little money; I had a couple of thousands euros to trade which is very small capital to trade of course. My idea was to grow this little small capital with little trades into a big account. I think that is an idea that a lot of beginning traders have, “If I’m able to find some kind of profitable strategy then I might be able to grow with the time the small account into a big fat account and then maybe one day I will make one thousand dollars a day.”
 
Understandable, but this idea really comes from this scarcity mindset, this employee mindset. Why is it that most people only bring two thousand, three thousand, four thousand dollars home every month as an employee? Why is that? Why not ten thousand, fifteen, twenty, thirty thousand? Why are those kinds of amounts exceptions? You might ask yourself this question and there was a programming in that, this comes of course from the society and okay, there's a historical reasons for that, I cannot go too deep into this matter but it’s clear that there's a reason why people who are earning two thousand five hundred dollars and they are spending two thousand five hundred dollars because their bills is about this so there’s never possibility to set aside thousand, two thousand or five thousand dollars a month. From most people it’s unthinkable. Think about that, there’s a reason for that.
 
So, you have to do something very different from what society is telling you and of course trading is one of the possibilities. In other words, the problem is, if you stay in this scarcity mentality you will not get there, you will not grow your little, small account into a big, fat account. So you have to program or reprogram your brain to break through this barrier, the society barrier of scarcity, to get behind this.
 
In my view, if you’re crazy enough to be a trader or to become a trader then it should be worthwhile. You should not do this for fifty or hundred bucks a day. I'm not saying, when you’re starting and you’re trying out of course you should not try to get a thousand dollars but if you stay too long in this program, then you will not get there. Okay? You have to overcome this one day to get behind those limits and those programs, those scarcity programs which are designed by society of course.
 
In my view, one thousand dollars a day is actually a realistic goal. You should try as soon as possible to get there. Think about that. If you want to speak about this, you have the possibility to speak and to discuss this below this video, and I would be very interested to know your thoughts about this and I am always open to answer your questions and to discuss this. I wish you good luck and good trades and see each other on the next video. Bye!

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