Successful day trading relies on understanding market structure, support and resistance levels, and price action rather than relying on indicators; traders should develop a consistent strategy and follow it strictly, while recognizing that market conditions vary and accepting smaller wins is essential for long-term success.
Deep Dive
Prerequisite Knowledge
- No data available.
Where to go next
- No data available.
Deep Dive
Day In The Life Of A Day Trader In JapanAdded:
Good morning. I am in Saporro, Japan.
So, you see that dot? That's where I am.
And then Tokyo is all the way in the center of the whole country. I'm pretty much in a town where there's not a lot of tourists. I kind of like it. It's more of a chill city. So, we got to start this vlog with a room tour, you know, to see like what the place looks like. So, this is a much bigger room than I had in Tokyo. The rooms here are much cheaper cuz you're not in like the main city. So, this door like leads to another room. If you book two rooms, you could connect them. We start off with a half bath. So, you just have like a toilet. I'm not I don't use this room.
It's just an extra toilet. And so, you come into the living room. I do my work here. And then this is the view from my room. There's like two big windows. Is really nice. So, then we have a humidifier. They have one in every Marriott here. And then we have my Nespresso machine. I haven't used it yet. Honestly, I prefer to buy coffee outside and I don't want to clean the whole machine and everything, so I usually just leave it. This is my green tea. I buy green tea every day. So, I have tea bags and I have my bottle.
These are like a dollar here. Really good prices. Show is everywhere here. I went to a baseball game a couple weeks ago here. It was such a crazy experience. Sho used to play for the Saporro team here before he got drafted to Angels and the Dodgers. So, like Saporro is his like hometown, I guess.
Now, we come into the bedroom. I really like this place. Like, you just have the living room and bedroom separated. So, it feels like you're literally living in an apartment. Here are all my shoes. Fun fact, I bought this here in Seapora at an outlet mall. These retail for like $300. I got them for $120. This town is crazy cuz it has a whole Costco and then it has a factory outlet mall here. So, it really feels like I'm in the Midwest.
We have bed. I tried to make it. And then you come into the bathroom. Now, here we have my wardrobe. We have a lot of cool stuff. So, we have the robes and then they don't have the best shoes. So, I kind of stole these from the other hotel. I was not raised to leave any of this free stuff in the hotel. So, when I leave, I always take the slippers. So, this I love this entrance way. Great mirror. You know, I can see myself. I got this from Australia. This is a Melbourne brand. If you guys buy Australian clothes, it's just the best quality. Have like a water dispenser. I don't use that either. And then in here, we have the toilet. You know, all the Japanese toilets have the spray stuff, the bedet, and then you got the tub, the shower.
See how quiet it is here? So windy. This is actually a pretty far walk. it. So, if you like come here and you don't like walking, you should probably stay right downtown.
I'm going to my favorite spot. I've been here like five times and I was actually here yesterday as well. So, this is a really hole-in-the-wall place.
Everything's in Japanese. Only the locals go. I kind of found it on just like Google reviews.
It's kind of sketchy.
Kichi see everything Japanese. Hi. Can I get the chuki?
>> Yeah. Okay. So, I used Google Translate.
I'm going to say this.
>> Sumi messen.
>> YouTuber >> Instagram and YouTube both. Hello.
>> Welcome.
>> Are you from Sapora?
>> Yes, I was born. Cool. All right. So, this is how you read Japanese. See this?
It says, "The new tea season has arrived again this year." I'm just kidding. We have it translated. All right. Got the guas.
All right. So, this is chisuki. Pour the soup side. This is tea leaves and fish row.
This is the place if you want to go.
Matcha. Mhm. And then the row >> row >> hot.
>> This is my favorite dessert. So that's a Wabi mochi, mochi, red bean, and matcha.
All right, so to give you an idea, that whole meal, the rice, tea, and dessert was $1327.
This got Thank you.
>> Thank you.
>> All right. I got back. I changed. We're going to work out. By the way, this is a DJI Osmo. These are pretty cool.
Honestly, I've used it for a while already and I have no issues.
So, today is abs and arm day. I'm not the most athletic person. I grew up doing dance, so I did like jazz, ballet, and gymnastics. Other than that, not really any sports. This is How old was I? Maybe I was like nine or something.
This is a little Chloe. This was my I don't know if you can see that. That's me in my jazz outfit. Like there was a performance. All right. So this is another one. Sydney Opera House. I auditioned for the Nutcracker. I got the role of an understudy. So that was pretty cool. My nail just broke. I'm just going to do my arm workout. Pretty boring. So I'll catch you after. As a trader, I don't have an employer. So there's no 401k and there's no health insurance tied to the employer. So this is what I do. Health insurance wise, I have just a private insurance and then because I'm overseas and I travel a lot, I just have like the travel medical insurance. And so if I'm overseas, anything happens, everything's covered.
I do pay like a higher premium just to be safe and anything happens, you know.
And then for the 401k, everything I had, I got from my job, I transferred that to a Roth IRA. And then I had investments in my broker. I have crypto. So, there's a lot of different avenues of just passive income. Outfit numero t. Did I say it right?
I got this from Kyoto. Kyoto has a lot of good perfume stores. If I were to rank all the Japanese cities, it's Saporro, Kyoto, Tokyo, Osaka, Coobe.
Those are all the ones I've been to so far. The one place I really want to go to is Okinawa. that is on my bucket list to go to. Outside of that, I've pretty much gone to all the main spots in Japan.
This is what I ride on every time. Have the menu. I'll show you everything I get. I usually get the same stuff. What else? Salmon, honey, miso, gun, cana, suga. Okay, so this is what I wrote.
This is the dish you want, the quantity, and whether you want wasabi, sumi. Oh, hi.
>> Arato. This is called a chawa mushi. So, it's just like a custard egg. Okumada is not here.
>> Arato.
Like, I'm here so much. I just remember all the chef's names. So, like the dude is Sugawada. And then the other guy is Okumada. Salmon flying fish row. You have the squid. And then this is really cool. That is the crab intestines and it's all mashed up. It's really good.
And this is the fake crab meat. You get your little saucers that you want.
Things is a little empty. Yeah. Ginger there. This is my favorite thing. Like I I'll switch up the different dishes, but I always have to get this one.
Pizza. Yeah. You always pick Japanese.
The prices here are amazing. It costs 250 for you to get that. I'll take this one. Green tea. Get this one. This one's pretty good. It's unsweetened and it's really strong tea. Like all this is like five bucks. In the evenings, they will discount all the food. 20% or like 40% off to just clear all this food. So like you know stuff is fresh cuz it's made that day and you got to eat it that day.
Now it's time for a Bible study. I recently finished reading the Bible.
Took me 2 years to finish like cover to cover. I'm still watching the same YouTube channel cuz after you finish the Bible, you go into more depth. You just go into more detail into the book and like you really what is it? What's that word? Not analyze. I think like I just think like a traitor. It just go it goes into more depth. So the next thing I want to do is get baptized again. I was baptized in the first grade. That was a long time ago. So now I I want to get baptized again. So today's lesson is we're focusing on Job. So like that's a struggle chapter, >> right? Abraham, Isaac, Moses. We're going to move into that.
>> Okay. So this is this is what we're working with today. I do the same analysis every time. It's the same process. You just have to follow the same process every day. anything that's different from the process that you've established or learn or like what is successful for you. You don't trade anything that you haven't studied. If you're not prepared, you don't trade all this movement. I'm just looking at levels. What's the bigger trend, market structure, support, resistance, that's it. Like I used to use indicators, but over time you evolve. So like right now I just trade with nothing. Like you'll see maybe one or two lines on my chart and all I'm understanding at that point is price action. So can you understand each candle? If you understand like the strength of this candle, this wick, this body, it tells you everything you need to know about where price is going.
These are all the lines I mark from my live webinar. I do that with my group.
So we're looking at like how to analyze every ticker, like what should we be looking for, what could we expect, like what setups we need to watch for. But if you look at this, I'm going to clear everything just to start over. Now, you know, that's a significant level. So, what is the most obvious thing that you see? A reversal from this all-time high.
What's another obvious thing? You have the market structure upward and then potentially market structure downward.
Price always likes to go to levels that were created previously. So, like a pre-market low from another day could be pre-market low today or like another one pre-market low there. So like price likes to come to the same levels. So you just got to observe where those levels are. There's only two rules in trading.
Have a really good strategy. So you you need to take time to develop that. But once you have that, you just follow the strategy. So everyone gets caught up in the second part. Like you can you can know the best strategy and everything, but if you can't follow it and you can't follow the same rules or like have a proper trading plan, it's going to take a long time for you to become successful in this. I am watching SPY, QQQ, and Google in this current market. The ETFs are definitely moving much better than the individual stocks. I'm just trading away from whatever like support resistance there are. So, this is the level we're watching. If it breaks, I'm going to enter. If it pushes down, I will enter. So, it's just like trading away from support resistance. I'm in SPY puts the resistance. Price pushed lower.
I entered in puts as price like did a little dip here. So, like just trade with the trend. That's a really good reversal candle, you know. So, I leveraged 9,722.
We're up 270. So, I do leverage quite a bit. That's what it looks like. I want to move my stop loss there, but I want to see this drop a little more. I'm up 813. $830.
All right. I don't look that good. I think I'm going to exit right now.
Dang. Stuff is really reversing now.
This is why you got to exit. You see it moving weird. Look at that. Like what what is that? If price moves really fast or like that that candle pushed up really fast and like it's in an area of all these different dogeis so many wicks up and down. When it comes into this area, it's not always going to be good news. Like price could always reject and go higher. All right, so that was a pretty short scalp. That was like 5 minutes. The P&L is $745.
You just got to take what you can get in this market. Like there are days where it trends really well and then you get days where it's just there's so many wicks. It's consolidating. It's so slow.
That's how trading is. There's going to be better days, worseer days. Honestly, like I still struggle with accepting lower wins. Like when you make a certain number, like I do I do aim for like always like four figure trades, but when that doesn't happen, I don't know. Yeah, I don't know why it feels like a loss or like it just feels like it's not good enough. Trading is honestly a very stressful job. Unfortunately, sometimes like you think of your P&L like it determines the mood you're in. Once you can make a certain amount and then like the market is different and then the moves aren't as big. It's like dang, it's only 11:22. That's it. I'm going to try to wind down, get off the charts, and just calm down to sleep cuz I have a lot of adrenaline right now, and it's just it's hard to sleep when you trade at night. So, I'm I'm excited to be back on Eastern
Related Videos
Truckers Finally Seeing Higher Rates… But Carriers Are STILL Going Bankrupt
LetsTruckTribe
480 views•2026-05-28
IS THIS THE REAL REASON FOR DATA CENTERS?
PrepperDawg
7K views•2026-05-31
JPMorgan CEO JUST NUKED Mamdani... as NYC's Middle Class COLLAPSES
Englishman-In-NewYork
7K views•2026-05-30
The Dark Age Of Blue Collar Has Begun
derekpolasekofficial
4K views•2026-05-28
What has a broader economic impact, corporate downsizing or ecological collapse?
theratracejournal
1K views•2026-05-29
China Is Quietly Buying Gold, the Iran Deal Is Frozen, and Silver Is Heating Up
RichardHolloway0
694 views•2026-05-31
Why Canadians can no longer afford to survive #canada #inflation #shorts
TrueNorthInvestor-v4j
131 views•2026-06-01
Why People Pay More For Someone They Trust
financian_
66K views•2026-05-28











