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How to Quit Your Job and Become a Full-Time Day Trader with Minimal Risk with Todd Rampe

Todd Rampe teaches Stock Options to newbies. His simple TSL method turns the table on the Market Reversal con-game professional traders use everyday to fool people, so you can profit.

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Guest Resource

Wealth Builders Institute – Master trading in 60 days!

3 Value Bombs

1) Do something you like and figure out how to do it uniquely.

2) You do not need any experience to get started and grow a small trading account.

3) If you are interested in becoming a full-time day trader, do not rush it and do not complicate it. Just follow simple steps and commit to it.

Sponsors

Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention JLD or EOFire when you sign up, and start listening now!

HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS:  How to Quit Your Job and Become a Full-Time Day Trader with Minimal Risk with Todd Rampe 

[1:36] – Todd shares something he believes about becoming successful that most people disagree with.

  • He believes in doing something you like and figuring out how to do it uniquely.

[3:08] – Todd believes that almost anyone can become a confident, consistent trader who can identify 3-5 low-risk, high-probability trades daily, regardless of market condition.

  • You can make money by trading options if the market goes up or down.
  • Figure out a way to see the intentions of professional market traders before they take action.
    • Use the Triple Sync Logic Software
    • Learn the method in about 60 days and be self-sufficient.

[8:15] – What are professional traders’ sneaky tactics to fool the public and profit daily?

  • Market reversal is the tactic that professional traders use to profit daily.
  • It is done daily in every single stock that has their attention.
  • Stocks that have volume and volatility.
  • There are four different patterns that give you a heads-up.

[10:57] – How can you get started and grow a small trading account without an Ivy League education or Wall Street experience?

  • You do not need any experience to get started and grow a small trading account.
  • Keep it simple and learn it in a way that follows smart money.
  • To become a millionaire, hang around a millionaire.
    • Look at other people and learn how they do it.

[16:38] – How much time do you spend on an average day trading?

  • New York Stock Exchange is from 9:30 am to 4:30 pm.
  • 2-3 hours a day.
  • Morning is the best time. Avoid trading in the last hour.

[18:07] – A timeout to thank our sponsors!

  • Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention JLD or EOFire when you sign up, and start listening now!
  • HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.

[21:40] – Why do you believe that the most complicated trading strategies are a complete waste of time and effort?

  • Students get confused with overwhelming information.

[23:36] – What is the simple trading method you’ve used for 24+ years?

  • Todd used The Triple Sync Logic.
  • The indicators are identical on all three charts.
  • It follows a three-step method to see the oscillators in a green buy zone or red sell zone.
  • It has patterns that confirm that smart money is in play.

[26:20] – How can you rent stocks for less than 1% of the price of your shares, and what does it mean?

  • Know the importance of leverage.
  • 3 Types of trading:
    • Day trading
    • Swing trading
    • Buy and hold

[30:45] – Todd’s key takeaway and call to action.

  • If you are interested in becoming a full-time day trader, do not rush it and do not overcomplicate it. Just follow simple steps and commit to it.
  • Wealth Builders Institute – Master trading in 60 days!

[33:39] – Thank you to our Sponsors!

  • Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention JLD or EOFire when you sign up, and start listening now!
  • HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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