SHS051: The Day In The Life Of A 7 Figure Day Trader With Elijah Malone!

The Side Hustler's Society
SHS051: The Day In The Life Of A 7 Figure Day Trader With Elijah Malone!
1:13:48
 

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


Subscribe Now And Get Chapter 5 Of The Best Selling Book, The Anatomy Of Financial Success!

Find out about the different types of income there are and which one(s) are best for you based on your personality! Click here to join out newsletter and get started!


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

Check us out on Apple Podcasts or Spotify! While you’re there, hit subscribe so you don’t miss our latest episodes!


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!