5 Golden Tips I wish I knew before I started trading.

[@ZacharyLaid]

Only trade what you can afford to lose, otherwise emotions will get involved and you will lose more than you can afford.

[@gregwhite3883]

what does he mean when he says level 2 in his trades is he using a software are something? plz help =(

[@Grodan20]

@@gregwhite3883 level 2 is a tool tha shows orders both bid and ask (buy and sell) you can see the amount of shares someone are buying and with what price

[@gregwhite3883]

@@Grodan20 i found it ty...now im jus trying to find patterns to see how they perform over time...(sigh) so tiring

[@Grodan20]

@@gregwhite3883 i know but give it time and you can be successful with enough study

[@gregwhite3883]

@@Grodan20 ty idk if these great traders with a 70%-60% win rate just find pattersns that win 70%-60% if the time are what. Its I'm incredible

[@CRsportfishingca]

ive been investing/trading for ten years, i have a solid understanding on how brokerages work. These comments are %100 on point. Steven ... english is getting far better, great video.

[@stevendux]

CRsportfishing.ca thx for the support 😊

[@Ok-do9rt]

i read this: Brokers like Schwab and other companies also make money from payment for order flow. The way it works is that professional trading firms buy the retail-investor orders from the broker and execute the trades for them. These trading outfits typically make money from the gap between the bid and the offer. When the trading company buys order flow, they give some of that money (the rebate) to the brokerage that provided the orders. *Now my question* Is it possible that now traders are more willing to trade a lot more & put big size on trades and these Orders ( which get bought ) will be used by MM to counter-trade the Mass ? .. so bigger manipulation by MarketMaker because they have all information how many longs / shorts are executed ... so they dump or pump against the public more aggressive ? I would like to hear your opinion about this. thx for your time

[@yasminmohamed9260]

Do you have Instagram so you can help me as a beginner? I would really appreciate it

[@nicolesambu1590]

@@yasminmohamed9260 me too 😅

[@banelelorenzomthembu4774]

You can tell that this guy is LEGIT! No BS straight to the point. Great content, useful information. Stay Blessed Steven 🙏🏾

[@stevendux]

Thx

[@abel2549]

I was down almost 3k$ but im proud of myself i got it all back and im up on profit now 🤝

[@Ayotzi94]

Keep hustling brother 💪🏼

[@whiteboardcrypto6247]

People are scared of investing because of the high rate of scam in the business

[@Jason-dn1ri]

You are right

[@user-id2sc1vo7e]

I lost about $4,000 to a scammer before I was linked to Mr Williams on a channel here on KZbin last month, believe me she helped me recover the $1,000 and made an extra of $4,000

[@user-id2sc1vo7e]

[phone]

[@user-id2sc1vo7e]

@Wilder Smith WhatsApp

[@bgmiworldnews]

@Wilder Smith how does it feel to question from one account & answering your own question from other account?🤗🤗

[@slahser]

All I can say is, the memes are highly appreciated bro. Keep it up.

[@timtourt7548]

excellent tips,knowledge is greatly appreciated. I'm still studying, alot of info to decifer.thankyou so much for your wisdom,and passing it on to others.

[@namename3139]

did Steven say spin trader? couldnt make it out

[@namename3139]

@@timtourt7548 did Steven say spin trader? couldnt make it out

[@KT-zx9jr]

Thanks Steven. For psychology, what are the top 3 lessons you have for understanding market psychology?

[@annhans3535]

My rules for trading: 1. Know what you are buying. 2. KNow your exit before buying.....a few dollars gain is better than no dollars 3. Buy with the amount you can afford to lose. 4. Only trade once a day. Make your money and do something else. If not you end the day with a negative balance. 5. My most important tip: Never fall in love with a company. You are there to make money Not love stocks. 6. Take your profit and keep some aside. Don't invest everything. 9. Don't buy handbags with your profit. That's what husband's paycheck is for.😂 10. Doing the same thing and losing money is not a technique it's insanity. I have a few more but I need to check my book where I have my mantras written. Good luck you all.

[@Alecto44811]

give your editor a raise cus the memes are hilarious

[@investingwiththomas4809]

What are some of the strategies that you would recommend for day traders who are starting out in the sock market and the penny stocks?

[@andypham261]

How do I join your course??

[@kylewattssurfing3266]

I will start trading part-time first make sure I have other income so that I don't make emotional decisions and blow my account up and have backup accounts in case I do blow my account up and remember to wait for good patterns and not to force patterns and trades and to avoid feeling like I need to trade when it's not a good pattern to trade and to always be studying...

[@derekjp6043]

4th tip was most helpful for me. Test frequency of pattern and risk/reward. 6:25 ish

[@gavinbannister4124]

5:16 21 year old here trying to make some smart life choices and get into day trading early, I don't want to be behind a counter or in an office job 9-5 for my life. I started with 1.5k, DOUBLED it to 3k, and then halved it, and halved again to 750. Now I'm slowing down a bit, learning more about indicators, keeping some cash on hand and not putting everything on one trade. I'm back to 1k so far.

[@randomhuman1754]

Same dude i started with 20k then i converted it to 36k and became overconfident and greddy and i lost about 28k now

[@gavinbannister4124]

@@randomhuman1754 I think people call your first big losses as 'tuition fees' :) You paid your tuition, learn from it and keep grinding bro 👍 we both got this

[@randomhuman1754]

@@gavinbannister4124Thanksbro Actually i became blind with greed I didn't took profits in many trade cuz I always wanted more and more and end up losing money It's a great lesson on how stock market is a blend of emotions

[@russanendow3451]

How to select stocks for intraday trading?? Can u make video on this ....?

[@C9991]

How do you track and test strategy’s? Do you have a video on this? I can make spread sheets but then how do I get the 100+ previous examples to verify if the strategy is working? Where can I do backtests? How would do you track Market Cap for instance? Are you looking for market cap the day before something ran market cap that day etc? Same with float since it changes how do you have accurate stats?

[@stevendux]

C M noted will make a video soon

[@cesarmarquez8670]

Thank you for the question. I’m new to trading and I’m trying to figure this out too. @steven Dux, thank you taking your time to read the comment section. You are awesome and once again, thank you for your work. I’m currently striving to save enough money for trading and become one of your students.

[@paoloottimo6358]

@@stevendux a video on this would be awesome man! A lot of people backtest on Think or swim on-demand, but all traders from EU are left out, and don't know what software to use to backtest!

[@abercrombieKID1000]

Simulators with data

[@paoloottimo6358]

@@abercrombieKID1000 can you give an example?

[@JustRightTea]

i am thinking about starting to trade and would like to know what site you trade on

[@Rckhlld1]

Where do you get the statistics from when you plan a trade

[@waynefilkins8394]

he's legit profitting from the scammers lmao...scammers pump up these penny stocks and he's waiting at the top with a bunch of short trades lmao genius

[@billygoat651]

scamming the scammers. I love it

[@hardrock9199]

Can you explain in more detail please?

[@Fighting_Gravity]

False

[@maitlember9727]

@@hardrock9199 same question

[@fkncompton7124]

@@Fighting_Gravity false? Care to emphasize?

[@egodrunk]

What kind of statistics should we be tracking exactly? Do you have a video on that? Edit: I found it. For those wondering he has a video called “Market data you should study during quarantine”

[@stevendux]

like your learning spirit!

[@TamBeauProductions]

Do you ever look at foreign markets Asian or Latin ones and trade, or are they incorporated in Stocks to Trade?

[@stevendux]

nope btw i dont like stocks to trade i would like to switch next year

[@VijaysCorner]

Why is that?

[@purple_mang044]

@@stevendux what will you switch to?

[@DyslexicInvestor]

What up man! yes think some folks need to know that day trading is not for anyone, super hard to do with a full-time job. I grateful you said it took so so much time learning.. again you will lose a lot in the first steps. Great advice is to swing a trade for more full-time workers.

[@stevendux]

yes 1000% agree

[@TamBeauProductions]

When you get a chance. Are you able to do a video on the optimal computer/graphics laptop setup to execute trades and how we should have our office/computer software/hardware setup? I have seen others with six monitors all at once. Is this something you recommend?

[@eagwrevbrew43]

More monitors doesnt mean more profits jeez

[@chrislim1093]

Hi steven, how to backtest a strategy if it cannot be programmed. For example, 2-minute chart wedge pattern and buy at the end of the wedge. Wedge patterns can be formed by 5 candles and also 20 candles stick........... Do you go back to every chart and check it one by one?

[@dragos9134]

Cheers to the editor 0:40

[@alen-commentnazi8774]

Mask off

[@axelgranzini6797]

How do you start trading? I want a career in trading but I have no idea where to start.

[@kylewattssurfing3266]

That was very awesome about comparing statistics being that you're so math heavy with your explanations it makes me remember college math and high school math and how comparing graphs and charts and different data against other data gives you a better piece of data which makes for better decision making when it comes to trading the best patterns possible which makes total sense...

[@davidaw104]

Would it make sense to sell puts instead?

[@jacksony1756]

Hi Steven what trading platform do you use ?

[@ronhastings4573]

Thanks for the help and support and your good heart to help us new in the chat room with Tim's team. I understand clearly and your humor cracks me up and takes the stress away to have more fun to study harder.!!! Thanks !!! Jason Jan's

[@dundream8785]

How can you back test strategies? What tools do you use for that?

[@bobpattison1739]

Total newbie here. Where can I find a free simulator to play on?

[@bradpyrex4320]

What is your opinion on trading forex?

[@vinayaksharma9451]

Which aap should I use fro it.. I mean what do you thing which is the most trusted aap??

[@mityskill6232]

Hey Steven, what's the best way to track a pattern? And what are the metrics you look for?

[@kaizenborntowin]

The hardest part is putting in the work to back testing the strategies.

[@amosnickson4138]

Which company is good to start trading

[@psscalvin5492]

Is having 25k in your bank something common in America? How do you get to 25k in the first place?

[@NI-kh9zs]

What do you think of Webull?

[@Danielsingapore]

Nice Video. What do you use to track statistics or patterns?

[@calebjohn6159]

I’m a college student trying to get into day trading, what’s the best broker to get started with, and what’s the best way to learn how to trade?

[@Jennifer-vs2zf]

Still need help getting started Caleb?

[@Jennifer-vs2zf]

You can ask Keon for help, he helped me get started too

[@Jennifer-vs2zf]

KeonKhu That's his G.M Address

[@flyingsaucer1268]

buy low sell high......I have backtested this strategy now, and it seems to work fine. Do you think I should go live ?

[@bobpattison1739]

Can you recommend the best books that a beginner should be reading to get a better insight to being a consistent day trader? Thanks 🙏

[@Ysol99]

How are you able to short penny stocks? Most brokers won't give away such volatile shares. PS, I would suggest hiding your profit/loss window when first trading. If you focus on trading well, money will follow as a byproduct. AND, simulation trade for at least 3 months to see if trading is right for you.

[@patlim921]

Have you ever traded options?

[@vel1hunnid707]

What ABOUT put options can you explain??

[@ivanbaker762]

Love your content!!! Do you have any recommendations for back testing strategy? Any resources you might share? Thnaks so much!!

[@joonbeomkim9898]

Is any penny stock ok to buy for short? It’s very interesting that you said most penny stock price goes down in the long term

[@damonli2980]

Most of the brokerage especially the big reputable ones DO NOT offer shorting or longing options on penny stocks because of their volatile nature.

[@corinthian276]

From what i've learned you have to find a stock (penny stock or not) that has a high percentage of short float. That higher the percetage the more available shares for shorting.

[@RaJaHi007]

Hi Steven. Very impressed. Did you ever consider trading CFD's or only ever actual stocks?

[@luism5574]

What’s etf?

[@ki5ngau]

Hello, what is your strategy?

[@nguyennguyenhoang9256]

Are you trading with pattern in your strategy?

[@sebashburner5809]

The editing on this video was amazing! haha

[@ownagejuice1394]

top 3 indicators for you?

[@spacecooookie]

Hi Steven, I am interested in how you build up you stock performance statistics for example. I cant imagine that you collect those data from the charting software and put it into an Excel file... Since you once said you caracterize stocks on A, B,C stocks based on winning percentage for your specific strategies I assume you needed to collect a lot of data for that. Like first Parameter is 2 to 15dollar f.e., second is float, third is market cap. But in Addition you need some Kind of average end of day to start of day winning or losing percentage. Or f.e. a Relation between Volumen and price to detect support or resistance lvl. I am into trading for a year or something now, blow my acc up once, it was just a small Account and I dont want to just follow others strategies, I am really more interested in understanding how stock analytics are working. I dont think I am clueless but I for sure still have a lot to learn.

[@antone0706]

What site do you use to watch stocks

[@Lechwizki]

hey man i just want to understand i am not in usa but in australia what do you think about the australia stock market?

[@davidshauck6952]

When you started trading successfully were a long bias trader?

[@stevendux]

David Shauck yes

[@maddierosemusic]

Kinda Silly question. The Shorts have been getting it in the shorts for years now. Wait 'till the market turns... which, it may never!!

[@austincolon7287]

maddierosemusic oooh boy this comment did not age well

[@ansonpeterson6004]

Guys get advanced knowledge from Yuril Zubong by learning the smart money SQB AMAC. Basic youtube knowledge is just a trap by institutions and feeding wrong information to retail traders which makes it easy to manipulate them.

[@thegalaxygod6683]

Agreed! When starting any new business, having another business where you already make money to support your lifestyle allows you to learn the new business....without the pressure of having to make immediate money in.the new business. Before shooting photography...i already made an income as a massage therapist

[@hiteshbhansali9637]

hi , where will i find the real time future volume & OI for comex - and pls make a video how to utilise(entry/exit) for the trades

[@huanchen2312]

Hi, Steven, my question is can you make money if you trade in just a commodity all the time using just one or two strategies and what is the maximum amount that you can make over time?

[@stevendux]

Never just have one strategy. Read all our blog posts to understand this www.stevenduxi.com/pages/blog. Thanks for watching. Understand that Steven Dux is a VERIFIED millionaire, for proof 👉 kinfo.com/portfolio/11253/performance If you do not believe it than take it up with Kinfo, as they are a third party verification service. Outside of that, your opinion is just that an opinion, in the face of facts. To Learn all about our products and services: 👉www.stevenduxi.com/collections Join Our Free Discord to get all your questions answered: discord.com/invite/q3BGJHs ***Please note that the comments section isn't the best place for debates or detailed discussions. 🚫💬 We will also, never DM you on any social platform to ask you for money. Want to take it a step further? Consider investing in your knowledge by learning directly from a verified millionaire ! 💰🎓💪

[@Cityflatpalsflatsharing]

What do you think of Crypto?

[@SwervinMad]

Bro thank you for your videos. I have learned a lot from them. Could you do a video on how to do statistical analysis/ patterns? Or if you have one already please point me in the right direction. Thank you Steven!

[@namename3139]

just checking, u said spin trader?

[@tradingtofreedom9947]

how much do you have in your back account now Stev

[@ryana-6762]

Hey Steven are you what courses did you take to become a stock trader?

[@domino2k8]

How can I trade if youre not in the US or not a US citizen

[@sarahjane8194]

With me you can trade from any part of the world. Give me a trial sj3635749 @ g m a i l com

[@artan1112]

2:25 Why not trade with Ameritrade td ? its free of commission!

[@purewisdom5932]

Why not trade options instead of penny stocks ?

[@itsmohdiii3689]

Robinhood and wsb is all we need

[@herssonmartin3675]

I want to start learning how to trade. But there's a lot of people to have had success. Your one of the big ones with Tim Sykes. Who else have you helped who has reach about your level of success

[@kylewattssurfing3266]

Nice nice background the way you have all your screens and computer setup and whatever else you got back there makes it real inviting an interesting to look at...

[@helenaranha1297]

How do u put the charts on your computer

[@bradpit1155]

Steven, so what strategy do you normally use?

[@peteryepes6275]

Try the strategy I use ring me [phone]

[@ssy333kk5]

I am interested to buy your DVD but not sure which to buy. I have few years experience in trading but quiet new to penny stocks. I am balancing on Duxinator: High Odds and Trading Techniques. I am more interested in Duxinator: High Odds. Is it too advance/difficult to understand?

[@uditudayaggarwal]

do you use fundamental analysis?

[@stevendux]

some times 1 out of 10

[@chaohoachea3323]

hi Steve Thank you for your video. i live in uk, i have a full time day job, but would like start to learn part time trading in the evening, is it possible for me to trade at other country stock market such as USA that has different time zone? Regards Chao

[@kevinjones9628]

under PDT, can you really grow your account with only 3 day trades a week?

[@stevendux]

Kevin Jones yes you can! 100^

[@joshuawhitfield7183]

Cash account

[@bastienbourgault697]

He is really good at selling the dream! ...

[@bastienbourgault697]

@@ghostofjuan7359 I'd say 100% cause if you are dumb enough to buy something from him your are doomed

[@jiajunyap6948]

You guys are probably broke af

[@nickh2053]

Personally, I don’t think you can over trade in the beginning. You need the data on what suits you. You shouldn’t be risking much money anyway. But you should be trying all kinds of different things like trading the open/close, breaking news, penny stocks, gap up/downs, IPO’s, etc. just to build the data on what you’re really good at and can focus on it.

[@johnherrera2132]

I know study comes first, but after attaining the knowledge of trading, how would it be possible to trade when having a 9-5 job. Thanks

[@Etsgoo]

Watch videos. It takes time to learn the strategies. I work 12 hour shifts and still manage to watch videos. I trade when the market is open, I only trade 2 times a week. 20$ profit here and there but it is the practice that matters for know.

[@jessicasanchez9493]

Still having such issues? Well message here js7673833 @ g m a i l com

[@acehexed4022]

Great advice again Steven. I have question about opening account. I am not a US citizen but I currently live in US, I don't have enough money, and I am short biased trader. So I can't decide between Tradezero and Suretrader. Do you guys have any advise?

[@stevendux]

sure trader got shut down a month ago i think trade zero /centerpoint/speedtrader all accept international accounts

[@makedollarsandsense7194]

Never, ever invest more than you can conceivably afford to lose. That is rule #1! Good stuff mate.

[@antonioranaudo5515]

Your videos are getting much better thank you I learned a lot from these last two videos I saw

[@Felix-om8cl]

What do you think about Forex trading bro?

[@Neelsworld2022]

Thank you Steve.

[@harleyhe007]

Which broker do you recommend for Canadian citizens? Thanks for sharing!

[@utsavroy5050]

Hey Steven...Big fan of yours.I wanted to ask you how do you track particular strategies and pattern, behavior and put it in a sheet when there are thousands of stocks available in the market. Screening each stock that fits your criteria will still make hundreds of stocks and backtesting all those hundred stocks in 2min and 2 years daily time frame seems impossible. If possible please comment on this and it would be nice if you can show us some of your spreadsheets in a video. Idk what data points to look forward to

[@Son_of_Red_Earth]

Hey, you always mention to invest into your education. Which are the books you would recommend? Brian Shannon?

[@jak3y369]

Steven, I’ve read lots but I cannot seem to find a solid learning resource to learn reading in depth. What would you recommend?

[@franciscocervantes9455]

How much should I start investing with out of $10,000. I was thinking maybe like $500

[@sarahjane8194]

500 is ok for a start. I'd advise you invest with different sources to be on a safer side here reach me sj3635749 @ g m a i l com

[@yucee38]

Starting up investment with a startup capital of $500 will make you profits of $3150 in 7 trading days by investing with an experienced broker to guide you and I can recommend one of the best brokers for you to guide you

[@jericotalavera4167]

Can I get info about your program? Tnx in advance

[@kylewattssurfing3266]

Whatever those memes are things going on in your videos it's kind of funny actually really funny, you pick really good ones how I normally don't laugh at stuff like that but it's pretty on point when you have them pop up good job man.

[@jakesnelling3085]

How exactly do I calculate the risk reward

[@valejordan988]

I don't know if you have a video of it yet but maybe you could do a video of stocks for dummies

[@bullforcetrading9995]

You can trade with under 25k with cmeg or alliance trader

[@wilrocksvegas]

Do you use ‘StocksToTrade’ or something else?

[@stevendux]

stock to trade has too many glitches us think or swim is better

[@arjunnair7443]

I'm a non- US resident and I want to trade stocks everyday. What broker should I use?

[@yucee38]

He uses one of the best brokers and he's traded with a number of traders that are not residing in the states and I can recommend him for you to guide you

[@gregwhite3883]

Whats a good pattern i could use for a 1k account seceral times a month?

[@azeezraza2992]

Does you investments rely on company's stats also? And if so how do you study the stats

[@jessicasanchez9493]

Not exactly well you can ring me and I will explain [phone]