Today’s guest, Jerremy Newsome is a full-time US stocks day-trader, also the Founder and Trading Coach at Real Life Trading
Jerremy Newsome is a professional stock & options trader, author, and performance architect. A self-made millionaire by the age of 30, Jerremy focuses predominantly on day trading with a specialization in gaps. At the same time, he also uses candlestick analysis to read the sentiments of the other market participants trading in similar positions.
[00:01:21] Jerremy recalls how he started his trading journey.
[00:07:44] How Jerremy made his transition into day trading from swing/position trading.
[00:13:09] The main reason why he still persisted with trading despite blowing up his account and losing his father’s hard-earned money.
[00:18:08] Jerremy talks about his journey during the crucial 3 years that helped build up his trading competency and profitability.
[00:22:31] How Jerremy was able to juggle his full-time job with day trading successfully at the same time.
[00:27:49] Jerremy sheds more light on the free day trading e-course that he developed to help new traders start on the right footing.
[00:30:10] Jerremy explains the details of his gap setup behind his day trading strategy.
[00:35:50] The main exit strategy that Jerremy uses to manage his day trading positions.
[00:44:59] Jerremy explains his trade execution workflow and the order types that he used for his day trades.
[00:50:05] Jerremy describes how he plans his stop-loss and profit-taking levels.
[00:55:18] The daily day trading workflow that Jerremy follows that helps him be an efficient trader.
[01:00:18] Jerremy talks about the best practices that new day traders need to follow so as to manage their psychology and emotions better when trading.
[01:07:01] The advice that Jerremy has for budding day traders so that they won’t make catastrophic mistakes as they embark on their journey to become the best trader in their own rights.
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