SHS028: How To Make A Full Time Living Stock Trading With Theo

SHS028_How_To_Make_A_Full_Time_Living_Stock_Trading_With_The
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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!