SHS051: The Day In The Life Of A 7 Figure Day Trader With Elijah Malone!
Intro
What does life actually look like as a full-time day trader?
Can you really make money from anywhere—even while traveling?
In this episode, Elijah Bilel sits down with Elijah Malone to break down what it really takes to succeed in trading—not just from a technical standpoint, but from a lifestyle and mindset perspective.
This conversation goes beyond surface-level trading talk…
👉 It dives into what it actually means to be self-employed through trading
Intro to Elijah Malone
Elijah Malone is the CEO of Alpha FRX, where he helps individuals learn how to trade in the forex and stock markets through:
Mentorship programs
Online courses
Community-based learning
He’s built his brand around:
Financial literacy
Discipline
Practical strategies for becoming profitable
👉 Check out Elijah Malone’s platform and resources here
👉 You can also access his broker and trading tools here
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Episode Overview
In this episode, we break down:
What day trading actually looks like day-to-day
The mindset required to succeed
How Elijah Malone became profitable
The pros and challenges of trading full-time
How affiliate opportunities play a role in income
Why most beginners struggle
Listen to the Episode
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Side Hustler’s Society Resources
Side Hustle to Full-Time Strategy Session
The Personalized Side Hustle Starter Kit
The Anatomy Of Financial Success Paperback
Can You Really Trade From Anywhere?
One of the most interesting parts of this episode:
👉 Trading while on a cruise
The Scenario
Elijah Malone documented a challenge where he aimed to make:
👉 $150,000 in a week while traveling
What Elijah Malone Showed
Real trades
Entries and exits
Profits and losses
The mental side of trading
Key Insight
👉 Trading isn’t just about strategy
👉 It’s about psychology
The Reality of Becoming Profitable
A lot of people want to get into trading…
But very few understand the process.
Elijah Malone’s Journey
Started trading and learning on his own
Took about 2 years to become profitable
Eventually turned it into a business
The Problem Most Beginners Face
👉 Trying to learn everything alone
Elijah Malone’s Solution
Mentorship
Structured learning
Guidance from someone experienced
Key Takeaway
👉 Speed comes from guidance
The Mindset Behind Trading Success
One of the biggest themes in this episode:
👉 Mindset is everything
What Elijah Malone Focuses On With His Students
Discipline
Consistency
Perspective
Why This Matters
Because trading isn’t just technical…
👉 It’s emotional
Real Insight
👉 Most people don’t fail because of strategy
👉 They fail because of mindset
From Job Loss to Full-Time Trading
Elijah Malone shares a key turning point:
What Happened
Lost his job during COVID
Had been working there for years
Needed a new direction
The Decision
👉 Go all-in on trading
Key Insight
👉 Sometimes being forced into change creates opportunity
The Truth About Trading Platforms
Another interesting discussion:
Are Traders Loyal to Platforms?
👉 Not really
Why?
Because traders look for:
Better tools
Faster payouts
Better commissions
More leverage
Example Mentioned
Genesis FX stood out because of:
Fast withdrawals
Strong referral program
Features like 10x accounts
Key Takeaway
👉 The tool doesn’t matter as much as how you use it
The Affiliate Angle (Underrated Income Stream)
This is where the conversation shifts into business strategy.
Elijah’s Perspective
👉 If you’re already using something…
👉 And helping others use it…
👉 You should be monetizing it
Why This Works
Companies:
Allocate large budgets to affiliates
Prefer referral-based customers
Incentivize creators to promote
Key Insight
👉 Affiliate income can stack on top of your main skill
Young and Self-Employed (Breaking the Myth)
Another strong point in this episode:
The Misconception
👉 You need to be older to become financially independent
The Reality
Both Elijah and Elijah Malone prove:
👉 You can do it in your early 20s
The Real Requirement
👉 Making the decision to pursue something different
Two Types of People
Those who follow traditional paths
Those who take ownership of their income
Key Takeaway
👉 Your timeline is up to you
The Bigger Lesson from This Episode
This conversation highlights something deeper:
Trading Is Just the Vehicle
👉 The real focus is:
Skill development
Discipline
Monetization
Because at the end of the day
👉 The same principles apply to ANY side hustle
Final Thoughts
This episode gives a realistic look at:
👉 What it takes to make trading work
Not Just Strategy
But:
Mindset
Discipline
Business thinking
Because Ultimately
👉 Freedom comes from skill + execution
Watch The Podcast On Youtube!