Keep posting man your insight is inspirational and invaluable 💯
@Haloitzchris8 ай бұрын
Correct me if I’m wrong I just read , “climax -A move that has gone too far too fast and has now reversed direction to either a trading range or an opposite trend. Most climaxes end with trend channel overshoots and reversals”,… 5:45 is this the right definition for it?
@DuxiAcademy8 ай бұрын
Yes, I call it stuffing action or failed reclaims of important level when stocks are ranging.
@Haloitzchris8 ай бұрын
I started in the stock market early like 16 on a simulator and had a learning curve until I turned 20 when I started banking, with the motto a slow but a for sure. ended up with 150 % in 6 months but now I talked to an older acquaintance and he explained and sent me screenshots of gains over 50% and 150% on day trades... and im now reading al brooks trading price and actions, also my best friends wife's fathers best friend made 400000 for his wife trading options in a year.... so now im rethinking the process and trying to see what the differences are.
@DuxiAcademy8 ай бұрын
Its the risk management. It all depends on your technique, clarity of it. Options has more variables but its still an odds game.
@Haloitzchris8 ай бұрын
also at 4:44 I can see how it'll be a bullish trend and move fast with no news , then when the market opens it'll immediately stabilize, cuz it has to, doing that is out of the Normand I can see how anybody who was in premarket would immediately panic and sell for a quick profit. but greed is crazy. I used to scalp when a stock would dip 15% and wait for it to stabilize at the median... I like line charts.... hey bro anything you can tell me about options id greatly appreciate
@DuxiAcademy8 ай бұрын
Beginner options is just buying and writing puts and calls. You can make 10x but the risk management is very hard because of the time variable. If you already momentum trade. You can do a contrarian thesis to the previous momentum. It takes a lot of macro knowledge of the market’s fundamentals. Intermediate to advance strategy make 20-50% but it’s a lot safer and more trades