Market volatility, the bane of many investors, lies at the core of most day trading strategies. Proficient day traders often seek out the most volatile stocks, predicting market trends and making the necessary trades to maximize possible profits.
At the same time, this reliance on volatility makes day trading an inherently risky endeavor. When trading volatile stocks, the potential for large and quick profits are often matched with the risk of great losses. Given this, any effective day trading strategy must be a careful balancing act that maximizes any profits while keeping down and surmounting any inevitable losses. Needless to say, this makes day trading one of the most daunting strategies for any finance first-timers.
In the face of such challenges, Gary Trades was able to use day trading to escape a life of abject poverty and become a multimillionaire at just 27 years old. Today, he hopes to leave a ladder for aspiring traders by sharing how day trading can be used to rise toward financial freedom.
Gary Trades attributes much of this success to his experiences with the struggles of poverty. Growing up in a small town in rural Virginia with a single mother earning minimum wage inspired him to always take risks and find every opportunity to make a profit. With nothing to lose for much of his life, the extraordinary combination of hunger and fearlessness required by day trading came naturally to Gary.
This mindset, combined with a natural talent that allowed him to see consistency in volatility, allowed Gary to grow a $500 account into one worth over $11 million in just four years. In 2021 alone, he was able to make over $10 million with day trading. Over the years, Gary’s day trading gains have allowed him to rise from his early life of rural poverty to one of a millionaire with an eight-figure net worth.
In spite of his personal success, Gary only sees day trading as a means with which he can live life to the fullest and help others achieve the same. Gary says, “I see myself being retired from day trading in under ten years. I want to leave my mark, make a fortune, and make an exit to enjoy my life. Yes, I want to be known as one of the best day traders of all time, but I want my legacy to be focused on impact. I want to inspire traders that are starting their own journeys to show others the possibilities of day trading.”
As part of his legacy, Gary Trades is currently focusing on growing his personal trading brand, The Goblin Gang, which he manages with his best friend, composer Tommy Cooperman. Aside from hosting meet-and-greets, live trading seminars, and follower giveaways, Gary also offers updates and free trading advice through his Twitter, @notoriousalerts.