How to not blow up your Account. lost money trading

[@1MinuteMoneyGlitch]

Made my biggest gains so far mate $560 in 1 day :)

[@randomhuman1754]

Congrats 🏅🏅 Next goal Should be $1k

[@1MinuteMoneyGlitch]

@@randomhuman1754 Thanks but I try not to think about a certain amount to make I just follow the patterns! Up $800 this week :)

[@randomhuman1754]

@@1MinuteMoneyGlitch well the pace doesn't matter it just the target of another glory

[@1MinuteMoneyGlitch]

@@randomhuman1754 True bro the day I make 1k in a trade it will be a great milestone!

[@1MinuteMoneyGlitch]

Finished the week up $950 really getting so much better took 3 losses aswell still managed to make this much :)

[@Blasterzorz]

the duxman once again dropping valuable mad knowledge, took 5 pages of notes just on this video alone! thank you! and keep it coming!!

[@Trumppower]

Watched this Twice and will watch again later.

[@aO-re3dp]

Down 24% portfolio last week, this video is just in time! Thank you!

[@dennisc6223]

you probably traded nio LOL

[@leoanas9323]

Lmao after 24% in red you should take a long break bro

[@gozu9455]

ahah down 12% but luckily i managed to get out

[@Putra-hr8ig]

12% for me,

[@billyblack3816]

Real ones dig themselves out of a hole.

[@alvinmugambi6084]

Dude you just opened for me a new chapter on volume i never even knew existed!!!! awsome stuff dude

[@Rdizzle512]

Had a 25k account about 1 mo ago. Lost 20k in one trade after getting super emotional. Fortunately i have a good job and will bounce back but listen to this man!!!

[@mehidihasan5432]

I feel you 😭 same here

[@imarathnayaka8391]

This is a Great video to watch for beginners. choose a reliable broker, the number and diversity of assets you can trade varies from broker to broker.

[@manuelrodrigo2674]

Steven is a very smart guy, he always hits the point with his understanding of trades.

[@alejandrocatalina7140]

I have problem with making choice of brokers because of trust issues. I don't want a repeat of what happened to my first account.

[@imarathnayaka8391]

@@alejandrocatalina7140 Individual stocks and equities are also readable through many brokers. Write to my broker/account manager Mr Durham Miller on whatsapp [phone] to make enquiries and set up an account. He is a professional forex broker with a reliable execution style.

[@teddyredmond5215]

@@imarathnayaka8391 Thank you very much!

[@lucianremaphosa8837]

I am delighted to view your contribution to this inspirational video from Steven.

[@KaterinaJos]

I really like him. I wish he could look into options and teach us the options strategy - wondering if it would be similar in some way - day trading might be too stressful ? any thoughts?

[@desmondwong740]

Legend has it that Steven will like your comment if you are early 👀

[@alvinmugambi6084]

haha

[@tomd1459]

Many thanks Steven for the content. Td

[@randomhuman1754]

Started with 20k made 35k within a month after that lost 19k in pandemic but it's fun and i'm truly enjoying it

[@KiranKumar-to3cl]

which platform do you use?

[@randomhuman1754]

@@KiranKumar-to3cl Penny Stocks and Currently due to "Pandemic" sticked to blue chips as I don't want to blow my account

[@alvinmugambi6084]

Ur enjoing it.. hahaaa what is wrong with you.. while we die here

[@randomhuman1754]

@@alvinmugambi6084 what u expect me to do Being anxious and depressed Or to cry

[@sharonyohannan5293]

Successful trading is Boring

[@danielarguelles9799]

This video is one of my favorite ones, lots of fantastic info. Thank you Steven!

[@purple_mang0]

- Float is high if its 30m, better to be 10-20m. market cap less than 100m - Check for previous individual resistance, consistent resistance. - You need to ignore the resistance and treat the chart as a fresh chart if that day’s volume exist historical volume.

[@aankorai492]

Some much-condensed information in the video. Really appreciate brother.

[@FurrKnight]

So, if you are a beginner get a cash account and trade in a simulator for months before going in live with your own money. Got it! Thank you! P.S. very good information about trading volume

[@glennkovacs1283]

Thanks Steven another great video

[@scottdylan1790]

Something to study more on, thank you!

[@chidionoh]

really smart way to analyze the trades, dux. i take notes on every video!

[@estario]

Thanks again Steven. Love how insightful your videos are. Keep it up buddy!

[@beckyp605]

HI Dux, would like you to share some long strategy recap. I have heard that you are killing it. TY

[@mannyk291]

Excellent video Steven........ you explained it well !

[@Sketches8]

best way to prevent loss, all cash

[@danadanko1684]

Please please please how to calculate volume predictions you didnt give formula for it .... thanks

[@gfsa01]

You the MAN, Steven!!

[@ramanan5u]

Thank you Kindly Steve!🇨🇦🇨🇦

[@eugenesmb5741]

Another interesting stock from today is CAPR multiday breakout. On August the 28th it spiked to $11 with volume 191M. Today it broke through this high and today's volume for the stock is just over 20M. A recap would be very much appreciated with a smashed like button 😁👍🏻

[@BelieverStarcraft]

Dang man that’s good psychology

[@JA-pl5by]

Down $500 on my $27k account since I started day trading for about a month now. I had 1 Green Day since then. Good luck to me! And thank you for your videos! I’ll make sure to not blow up my account 🙏🙏🙏

[@SeekingWisdom03]

How much is the freedom challenge?

[@patrickwang5000]

Very informative, thanks Steven

[@trill711]

Great video thanks Dux

[@CarlosRamirez-zn6vo]

I bought 71 stocks from Kodak for 29.40, market reached 60$ that same day, then the next couple days it’s been down as low as 19$. I know i made a big mistake and I should have sold at 60$ but being my first day, I had higher expectations for the next couple days... don’t know why I did. Just felt like I needed to put that out.

[@truevegas]

Great video Steven. Clearly from the comments it's a bit over some people's heads... "bitcoin is safer" lol it's all relative clearly, but I found your comments extremely easy to understand and appreciate you being honest with all of us 👍🏻

[@MiguelCardenas-xu2dw]

Hey Steven, thank you for the great content! ... I have a question (Hopefully you would love to answer it as you say in the video). ...I've been tracking gap up shorts and the average pushing percentage seems to have changed in the current market and one could say is also quite variant (The values of the push can differ a lot), what are your thoughts on this? Have found the same thing? Greatly appreciated!

[@edc3037]

Thanks for the knowledge

[@manmeetoberai2787]

Thanks for the teachings..amazing

[@luisjoshua3541]

Concluding part, "Be patient, don't rush into a trade.." From the lips of the living legend: Steven Dux

[@yesitisme3434]

Hello guys, Does any one know which broker or trading plateform Dux is working with? Thanks for ur answer

[@peterschaltz8069]

what website do u use to buy stocks?

[@terry4265]

Another great video. So my question is. Do you ever trade pre-market or after hours ??? Thanks

[@PredatoriaMoon]

Ure right about volume, but there was also a planned offering leading up to this dump.

[@JustRightTea]

THANKS THIS WAS HELPFUL

[@Venus-uf8sp]

Steven Thank you so much for great content as always and your english is pretty good man!

[@G5Tradez]

Great video lesson Dux

[@hieubui7699]

Yoo Steve, I was thinking about this method as well man, bc i saw there was no bouncing back and that volume was huge. So i predicted people would be hyped and push it up as much as possible, since it passed the resistance especially when it was over 11am, the most crowded time zone to trade, and still pushing higher . That why I was patient for the squeeze and has made profit as well.

[@hieubui7699]

The ticker i observed was “EKSO”

[@ExtraKanin]

nice insight. very helpful thank you

[@phucpham286]

Thank you ! Meaningful.

[@ryder8199]

Hey Steven! Awesome videos man love watching em! What percent size of your account did you take when making a trade as a beginner?

[@KazimRMerchant]

Great content, learned a lot from you! I wanted to ask you that how do you handle FOMO?

[@munyaradzimamombe5878]

Great! You inspired me to start my own trading channel where i teach profitable strategies.

[@Sasuke-il5im]

Hi steven your vidoes are great but these tips are very hard to see when stocks are moving in real time

[@ishanplays8762]

you need to prepare before

[@javigarciayt]

Steven have you ever tried using options or is your specialty shorting pennies. I am looking for a course to trade options.

[@dlove5864]

Does a stock absolutely HAVE to have more volume than the previous day to break its high?

[@juliocorona3868]

What are the main deciding factors that u looked at, to make a trade if you had a small account. Thankyou

[@obstreperoussake5137]

Steven what factors would cause a stock with high float and low volume to spike ?

[@mikewaddell2983]

Thank you so very much ! ..

[@gustafbarreda8582]

This another level....Steve..Any books you recommend reading?

[@anilgandhi9967]

Hey, which is the best platform for trading the stocks?

[@hatzakjeremy4481]

Write to my account manager on whatsapp [phone] to guide you. I use his platform and his leading strategies to execute trades.

[@waltermicheal1083]

What can of broker can i use as a africa

[@timothynguyen2928]

Steven Dux! You tha man

[@joosh2416]

Thanks for the tipps! I dont understand why Floatroatation is so important, whats the difference between 10x Floatroatation and 20x Floatroatation? And would you enter/buy after resistance (in your example ~6$) became new support or before, because you already know its very likely to break the previous resistance due to the Volume.

[@jennatolls6121]

I'm pretty sure full rotations are really good ways to see if the stock is volatile or has a chance of going up or down with panic. I honestly don't know but just watching Dux he uses human psychology within volume trade and can predict how people will buy and sell in a big share rotation.

[@promatqas]

@@jennatolls6121 after watching dux's blessed vids I can tell you... Let's say float is 2mil and volume is 10 mill in one day. The float has rotated 5 times. Each time it rotates new buyers and sellers come in allowing more scope for potential movements. Its known that if the float has rotated 2-3 times it's a bullish sign. However if it's rotated 10-15 something technical called buyer insufficiency occurs. 20 rotates and it's crowded and risky to trade. I am still learning hope this helps :)

[@whenrickywasalive1115]

Float is the number of shares available to trade at a given time. So to answer your question, Think of 10x Float Rotation like a piece of CAKE (CAKE A) with 10 slices and 20x Float Rotation a CAKE (CAKE B) with 20 slices. CAKE A is in Room 1 and Cake B is in Room 2. Let say you have 15 hungry Cake Lovers (Day Traders). You put all 15 of them in Room 1. Only 10 of them will eat and 5 will not. You put all 15 of them in Room 2 and all 15 of them will eat and 5 slice with remain. Therefore float rotation is important because it helps you understand the supply and demand of a particular stocks. The more it rotates the more its in demand, the faster it more , the wider the spread, the more volatile etc. 10 Million volume with 5 Million float means the total number of shares(5 million) have gone back and forth between buyers and sellers 2 times(Float rotation) I hope this help to answer your question.

[@FreeWorldQueen]

@@whenrickywasalive1115 what's not being said here is you have to also know how many hungry day traders are in either room on either day you choose to trade (volume) - so that's a big part of Dux's vid here, volume prediction.

[@beezytalkingshit9319]

@@promatqas ONLY RISKY for the people buying and selling not risky for the people that's letting their stock rise lol.

[@mirzasaoodful]

Thanks. How you describe afternoon breakout of morning move. When we have more volume 1st half of day and less while breakout. Should we step in for it?

[@AdorableUrban]

Amazing help wow❤️👏🏼🤙🏼

[@judithmellon6505]

Thanks Steven àppreciate the break down of it??..i became a bag older today with mtp..i didn't know after going up to 6 around 2 something it was gonna plunge like that how do we know??insane moment for me

[@ohayo101]

You should look in the past on daily candles. There was 1 time that price failed around 6.5. It might be someone like you - bagholder - who wait for a long time to exit the trade

[@jenniferchau2026]

I like your video and want to learn how to trade by option and short, but English is very poor.你有讲中文的video吗

[@KT-zx9jr]

Thanks Steven. Could you explain when you can treat a chart with a lot of resistance between say 1-5 as a fresh chart? Thank you.

[@aarushisinha6264]

Hey i am new to trading can you teach me please ?

[@aarushisinha6264]

hey are you steven dux? can you help me please !

[@Hiiiiiiiiiiy]

Biggest winning week this week at 1620. I wish it were like that all weeks lol. Once I hit 25K to allow me to trade every day my goal is gonna be 300-400 a day.

[@citopz]

What’s your risk if you don’t mind me asking

[@chrismonroe1853]

In my opinion I think for every individual not to blown up their account it's by investing in crypto currency to be in safe hands.

[@lina7265]

Bitcoin trading can be a legit way of making money

[@Cristianchifoi208]

Bitcoin has been a game changer for me

[@JamesMiller-wd3js]

I heard Bitcoin is doing well

[@pnned6046]

Yeah

[@pnned6046]

I'm enjoying working under the platform that brings good gains in my life

[@eugenesmb5741]

Hi Steven! In one of your video you say that if a stock makes a monster volume on the first day most likely tomorrow it won't be able to break through previous day high as it need to have a bigger volume. Today and yesterday's market example OCGN. Yesterday stock made 450M!! For a stock under a dollar. Today's volume is over 250M and it easily broke through yesterday high in the morning when volume was even smaller. Can you elaborate please on this topic. Maybe you can tell what is the difference or exception for this move?

[@daytraderfidel395]

What does it mean when a stock is too crowded, then I should say away from a stock?

[@orpheus7117]

@dux how do you set up you spreadsheets to track this information? Could you make a video on how to track the most important data?

[@WalkingNewYorkCity]

Thx dude. Much appreciated.

[@yuyuyu899]

What app are you using to track the market?

[@jazzys8240]

I am very new to all this trading. Can you tell me where to start please.

[@adamgarcia7302]

What stock trading analysis software do you use? You have lots of good content. Im looking for a good software. Thanks in advance!

[@zackpuckett2967]

Contact an expert for assistance

[@zackpuckett2967]

[[phone]]

[@aliabrahimi3711]

These stocks are HTB. So not possible to short them. Can you tell us how much you pay for borrowing them?

[@tayronachan]

thx Steven, appreciated.

[@Corpsecreate]

@Steven Dux I would be hugely interested to see what kind of returns you could get in the cryptocurrency market using the same pattern analysis that you use here. Have you ever thought about trading the crypto market? I'm sure a lot of people would watch it!

[@ppmmonteiro]

@@toryrobert6335 Is this a group to be part of?

[@uplakshd1903]

which order do you use when entering the trade , stop or limit ?

[@chidionoh]

Is current day volume the total volume in one day or is it like the maximum volume traded? How do I calculate current day volume?

[@VIVABELLAVIVAHERMANO]

Steven, I live in the United Kingdom, Im thinking of enrolling on your course, and start trading, Is it possible for people who live in Europe, to have the same access to the US stock options? does stockstotrade even accept people in other countries?

[@dereksevcik6595]

4:55 can someone explain why he said the total market hours is 9 hours? This is very important as it is used to determine the total predicted volume of that day.... "Pre- and post-market trading sessions allow investors to trade stocks between the hours of 4 a.m. and 9:30 a.m. during pre-market trading, and 4 p.m. to 8 p.m. for the post-market session." I cannot see where he gets 9 hours from!

[@samuelisaac8007]

Just wondering how long did it take you to be profitable at trading after you got started?? I really enjoy your videos.. keep the videos coming........ Thank You !!!

[@manuelmadriaga9893]

What percentage of your trades 4 years ago were long or short? In 2021, what percentage of your trade were long or short? Same question, what percentage or your trades long or short in 2022? I ask because I tend to go long whereas the big winning trades you discussed in your video (500.000 gain in short that extended to at least 2 trading days).

[@sydneywoods0113]

Right now the crypto/forex market is in turmoil newbies are probably blowing off their accounts right now. Such a waste of resources which would make them lose faith in the game.

[@ScottHelen826]

Becoming a full time forex trader requires an eminent amount of trading experience and also a passion for trade else you gonna blow off your account just like you said.

[@sarahclark1796]

Exactly!! When I first got into forex trading I just wait for trends to break then I go against the trend hoping for a retest of the previous zone broken and guess what 🤣🤣🤣 I blew up my entire trading account in a week. Believe me I stayed off the market for a while. I just remember those days now and laugh so hard at it

[@sydneywoods0113]

@@sarahclark1796 Hmm that must have been awful? How did you manage to pull yourself out and continue trading weren’t you scared you would blow up your account again?

[@sarahclark1796]

@@sydneywoods0113 This time I had something I didn’t have when I first started.

[@sydneywoods0113]

@@sarahclark1796 Hmm and what might that be? Some trading indicators? Or a different strategy what might that be I’m curious because I’m really scared of blowing my account I’m eager to make it out from the crypto market but I’ve got zero clue on what to do and the fluctuations in price doesn’t help either

[@АртемЗаянчковский-и9ъ]

Thanks!

[@christophertone9566]

Are there shy good videos or books to read about reading psychology?

[@MiguelCardenas-xu2dw]

The Disciplined Trader by Mark Douglas, Momo Traders, Tim Grittany also recommends Day Trading Coach

[@YevgeniyTrast]

Steven, did you ever hear about CFDs ??

[@quirk1559]

steven you know anyone that i can work for to trade? im a good trader i just have no capital to trade with

[@apexvadeor3670]

Stick in $200 and build

[@csselement]

"im a good trader i just have no capital to trade with" 👀

[@andreiancuta3494]

For example, if i have a e*trade account and i don't have $25,000 i am under the PDT rule ? My address is in Europe.

[@danielarguelles9799]

When the stock hit ten, did you mean the volume was 3 to 4 million shares? And not hundreds of millions? Not sure if I'm not understanding.

[@simpletrades123]

Thank you Dux, this video help.

[@chidionoh]

hey steven i want to but your dvd duxinator but i cant afford $1200 do u have a coupon code

[@stefanoc974]

thank you

[@paulbiniasz2278]

Brilliant

[@simonbrooker812]

I’ve heard Steve talk about float rotation in his videos but he never specifically says what the impact is when this happens. So can you, Steve, or someone reading this tell me what influence or outcome or impact on a stock a float rotation does? I assume that a float rotation is demand outdoing supply but what impact does that have on a stock? Does it drive the price up only or down only?

[@MiguelCardenas-xu2dw]

Lets start by the fact that the principle on the Bounce Short strategy or shorting onto a major resistance level, is that there are many people who traded at that level and we know most are buyers and many are still stuck in this level (we call these bag-holders). Now bare with me, float rotation is just the (estimated Volume)/ float and the volume only means the number of shares traded, these can be bought or sold so it is not exactly proportional to the demand outdoing the supply, it is just shares changing hands again and again and again. Now, in a float rotation case the shares changing owners happens so fast and repetitively that now the ones trapped at the resistance level are not that important and wont imply that the price will go down once it hits the resistance level. We know that the maximum number of shares that could be held at this resistance would be equal to the float, and once the volume is so big that the float rotates, the volume at the resistance becomes of less relevance. Hope it helps!

[@brianngo9827]

Nice vid

[@canonigo76]

How many red days can go buy before you consider a green day the "first" green day?

[@ptrades800]

When the FGD is significant on the Daily chart

[@scizor4321]

what games are you playing now a days

[@KENPACHIFTWW]

Gene blew my account last week lmao. We live and we learn.

[@chidionoh]

KENPACHIFTWW what were ur entries and times of entry? If u dont mind me asking ofc

[@KENPACHIFTWW]

@@chidionoh I was short around that $4-5 area. I managed to cut my loss quickly but the good old revenge trading and the inability to accept the loss got to me. More particularly, I was on a hot green day streak and this played with my mind in the sense that I did not want to "end" this run. Long story short, I kept adding to my losing position and it kept squeezing against me until I got blown. Key take away is you can't allow yourself to be conquered by your emotions and have to work in harmony with them. Easier said than done I guess but the journey of self discovery is an amazing thing in this game. I shall return better than ever ;)