SHS028: How To Make A Full Time Living Stock Trading With Theo
Intro
Trading stocks is one of the most talked-about ways to make money…
👉 But can you actually turn it into a full-time income?
In this episode of The Side Hustler’s Society, Elijah Bilel sits down with a professional trader to break down:
- What trading really looks like day-to-day
- How traders actually make money
- And whether this path is realistic for beginners
Intro to Theo
- CEO of Omega Trades
- Experienced options trader with several years in the market
- Uses algorithm-based strategies to identify trading opportunities
- Specializes in analyzing market trends, volatility, and sector movements
- Based in New York with global trading experience
Episode Overview
In this episode, you’ll learn:
- How Theo got started in trading
- What a typical day looks like as a trader
- The difference between bull and bear market strategies
- How to identify winning stocks and industries
- The mindset needed to succeed in trading
Listen to the Episode
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What Trading Actually Looks Like
One of the biggest misconceptions:
👉 People think trading is either:
- Sitting at a computer all day
- Or making money in 30 minutes
The reality?
👉 It’s both… depending on the market
Theo explains:
- Some days = 30 minutes of monitoring
- Other days = hours of adjusting positions
- Some weeks = very little activity
How Theo Got Started
Like many traders…
👉 It started with curiosity + opportunity
- Learned from his dad (finance background)
- Started with a small amount of money
- Realized the earning potential quickly
Key takeaway:
👉 The money is what attracts people… not the process
The Truth About “Boring” Money
Elijah Bilel highlights a major principle:
👉 The highest-paying skills are often the least exciting
Examples:
- Finance
- Trading
- Accounting
👉 Less competition = more opportunity
Do You Need Passion to Make Money?
This episode flips a common belief:
👉 You don’t have to monetize your passion
Instead:
- Make money with something you don’t hate
- Use that money to fund what you love
Theo’s Trading Strategy Breakdown
1. Sector Rotation
Theo Darringer focuses on:
- Where the economy is headed
- Which industries benefit most
Example:
- Bull market → Tech stocks perform well
- Bear market → Defensive strategies
2. Bull Market Strategy
When markets are rising:
👉 He looks at:
- ETFs (like S&P 500)
- Long-term options (12+ months)
Goal:
👉 Leverage growth while managing risk
3. Bear Market Strategy
When markets are falling:
👉 He shifts strategy completely
Focus:
- Smaller companies (low market cap)
- Companies less tied to overall market swings
How Traders Pick Stocks
Theo keeps it simple:
- P/E ratio
- Industry trends
- Economic direction
- Company fundamentals
👉 Everything ties back to one question:
“Does this company benefit from where the economy is going?”
The Reality of Trading Life
Trading is:
- Unpredictable
- Market-driven
- Emotionally dynamic
But for the right person…
👉 That’s part of the appeal
The Most Important Skill in Trading
According to Theo:
👉 Experience beats everything
Why?
- You learn from losses
- You avoid repeating mistakes
- You develop real judgment
Elijah’s Real Estate Comparison
Elijah Bilel connects trading to real estate:
👉 People who take action get more help
- Beginners who just “study” stay stuck
- People with skin in the game get real guidance
Big Lesson From This Episode
If you want to succeed in trading:
👉 Don’t just learn… DO
- Start small
- Gain experience
- Learn from mistakes
Who This Episode Is For
- People curious about stock trading
- Beginners wondering if trading is realistic
- Side hustlers exploring new income streams
- Anyone interested in financial markets
Key Topics Covered
- Theo’s trading journey
- Insights from Elijah Bilel
- Bull vs bear market strategies
- Sector rotation explained
- Trading mindset and experience
Watch The Podcast!