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

November 9, 2022

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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