The beginner trading psychology that's often overlooked.

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Steven Dux

Steven Dux

Күн бұрын

Пікірлер: 197
@aankorai492
@aankorai492 4 жыл бұрын
Small nuggets from; Steven Dux Part 4 - "Trading Technique DVD" 🚀First, you need to observe the market. 🚀You need to figure out one specific pattern. 🚀Now, you are going into details and pick out all the useless stuff. Only focus on what kind of criteria gives you the highest winning percentage. 🚀Then you go ahead and focus on that pattern. Grow your account because that is the process of growing all types of accounts backed up by statistics. Thanks, for reading.
@stephanedemanou4221
@stephanedemanou4221 4 жыл бұрын
How is the course going ? How does Steven help you ?
@aankorai492
@aankorai492 4 жыл бұрын
@@stephanedemanou4221 So much to learn. Steven is a great teacher. He is really, master of analytics by backing up your edge by statistics.
@maicol7413
@maicol7413 4 жыл бұрын
I've been watching several videos and I still don't understand what finding your own pattern means. He's not talking about indicators right?
@evanmastermind
@evanmastermind 4 жыл бұрын
@@maicol7413 Chart patterns such as first red day, short squeeze, failed breakout, etc.
@purple_mang0
@purple_mang0 2 жыл бұрын
- Tracking data can help with: Cutting losses too late or taking rewards way too early. - Put billionaire stock and small cap in different categories, otherwise tracking doesn’t really work. - $3k-30,000: only track 1 pattern first - Fomo: you miss a trade, you want to make your trade money back assume you already made money on the first trade. Since you miss that profit, you increase your size on the next trade to be able to make more profits. You think the market owes you money. This is a bad mentality. Go back to basics and start tracking statistics in different ways. (frequency of pattern, average reward = simulated gain per year) - Focus on process, not results. - If you size too big, every single movement will make you really emotional. You will watch each and every tick. But every movement for him is part of the pattern because he’s thinking rationally.
@rippletalk
@rippletalk 4 жыл бұрын
"Focus on the process rather than results"
@bigsponk7849
@bigsponk7849 4 жыл бұрын
Mr. Steven Dux, you are a cool guy 😎
@Gen_z_trade
@Gen_z_trade 3 жыл бұрын
Ya he's soooo ccol❤️
@Gumichocoo
@Gumichocoo 4 жыл бұрын
Totally identified with these problems, especially focusing on the results and not the process. Thank you for reiterating these points!
@RomelBuildingWealth
@RomelBuildingWealth 4 жыл бұрын
Thanks for sharing yes psychology is one of the biggest factors in trading and being able to keep your emotions in check is important.
@divanvanniekerk
@divanvanniekerk 4 жыл бұрын
He made 1.2 Mil in 2 months but is still humble asf... hats off my guy!
@emancebo13
@emancebo13 4 жыл бұрын
Hard to imagine that there was a guy capable of saying he made a million bucks without bragging...
@jm0402
@jm0402 4 жыл бұрын
you guys should not see the absolute number. please look at percentage.
@stevenfillion5426
@stevenfillion5426 4 жыл бұрын
Would you be able to take on a student and mentor?
@princeholgate9325
@princeholgate9325 4 жыл бұрын
Great video steven, This is an insight on why many beginners don't make huge profits during there first trade cycle. Most of them fail to setup a profitable trade account with a professional account manager.
@theresaquiera7412
@theresaquiera7412 4 жыл бұрын
It is better to practice paper trading at the beginning of your trade.
@princeholgate9325
@princeholgate9325 4 жыл бұрын
I dont agree with you madam. Thats a very wrong move.
@theresaquiera7412
@theresaquiera7412 4 жыл бұрын
@@princeholgate9325 Which platform do you use to execute trades?
@princeholgate9325
@princeholgate9325 4 жыл бұрын
I trade with an expert in the forex market, his name is Mr durham miller. I started trading with him 4 months ago and has been making huge profits. You can have a conversation with him on whatsapp +13026599190 or write to his email address (durhammiller1@gmail,com) for more details about a successful trade.
@theresaquiera7412
@theresaquiera7412 4 жыл бұрын
@@princeholgate9325 Thank you so much
@michael070
@michael070 3 жыл бұрын
Thanks Steven! Loving your content!
@armadilis4198
@armadilis4198 2 жыл бұрын
Great teacher. I sense integrity in all of your videos. Thanks a lot.
@faisalriaz7673
@faisalriaz7673 4 жыл бұрын
Thanks Dux
@cuttingedgecool7235
@cuttingedgecool7235 4 жыл бұрын
Excellent, sound advice and information, thanks Steven!
@cnotake
@cnotake 4 жыл бұрын
Great advice! I needed that.
@ohgee1379
@ohgee1379 4 жыл бұрын
Good to see u post again
@davegawargious6375
@davegawargious6375 4 жыл бұрын
yea i needed this one...thanks
@luanlaoshi
@luanlaoshi 4 жыл бұрын
Do you have wechat group to teach people how to trade?
@MrAlonimus
@MrAlonimus 3 жыл бұрын
Thank you for this
@jennymaemindana6573
@jennymaemindana6573 4 жыл бұрын
Such wow 😍😍 i love the mindset you have
@MonteyCarlo92081
@MonteyCarlo92081 4 жыл бұрын
This video is a gem
@wallstreetengineer
@wallstreetengineer 4 жыл бұрын
Steven Dux genuinely deserves more subscribers
@777killler
@777killler 4 жыл бұрын
Like your videos.. thank you .. now I'm understanding more..I just started and lost some money..
@777killler
@777killler 4 жыл бұрын
It ok.. I didn't flowing a lot.. because a lot of things that I don't understand about stocks.. he good for being real.. thanks
@anilgandhi9967
@anilgandhi9967 4 жыл бұрын
Which is the best platform to trade?
@sofiawithfield8798
@sofiawithfield8798 4 жыл бұрын
Anil Gandhi reach out to an expert directly for assistance
@sofiawithfield8798
@sofiawithfield8798 4 жыл бұрын
[+1469-275-1373]
@sofiawithfield8798
@sofiawithfield8798 4 жыл бұрын
on whatsapp
@seancullen99
@seancullen99 4 жыл бұрын
So much useful info on this guys channel. Really stands out from the crowd right now. Thank you!
@LA-qu6mn
@LA-qu6mn 4 жыл бұрын
Very informative, thank you
@bullionairetrader8046
@bullionairetrader8046 4 жыл бұрын
Wow! So much money you made in one month! Thanks for the lessons. We need to learn from you.
@sofiawithfield8798
@sofiawithfield8798 4 жыл бұрын
bullionaire Trader reachout to an expert trader directly for assistance
@sofiawithfield8798
@sofiawithfield8798 4 жыл бұрын
[+14692751373]
@sofiawithfield8798
@sofiawithfield8798 4 жыл бұрын
on whatsapp
@aalluubbaa
@aalluubbaa 4 жыл бұрын
This video is really helpful because it dives a bit deeper than just to tell you to stick to your plan. If you KNOW YOUR STRATEGY, and track the frequency of its occurrence, this would help you to be more patient as you have a rough idea of how often you can make money. If you do your research and find the pattern you want to trade occur say 10 times a month in average, you would have the patience to trade it once it shows up and stop the fomo all together.
@estario
@estario 4 жыл бұрын
Thanks Steven! Keep the awesome vids coming
@jakobfolmar6604
@jakobfolmar6604 4 жыл бұрын
Whats the time frames for these patterns. What are you looking at? one day from one week to a month and year or 5 years all looks so different.
@gavinbannister4124
@gavinbannister4124 4 жыл бұрын
Great content Steven. Thank you.
@lazisolutions3417
@lazisolutions3417 4 жыл бұрын
Hello Steven I have been watching your videos for more than a year. I am still learning though...i like the way you explain your trading process and also for being super transparent with your finances. I would love to start trading soon but I have a question for you....How much would you say is a minimum I should deposit in my trading account and lastly what would b a realistic expectation of return let's say maybe on a $1000 acc? I apologise for the long text. Thank you. Pat from South Africa
@hikmatmohammadi
@hikmatmohammadi 4 жыл бұрын
The best advice always comes from you
@Bigmikey78
@Bigmikey78 4 жыл бұрын
Thanks for another great video lesson Steven. I started when you were in the challenge and man I have to say your English has come a long way dude! GREAT work on that!
@babamajumder.
@babamajumder. Жыл бұрын
Thank u❤
@stevendux
@stevendux Жыл бұрын
No problem Thanks for tuning in! Remember, Steven Dux is a VERIFIED millionaire, proof here 👉 kinfo.com/portfolio/11253/performance. Dispute it with Kinfo if you must, they're a third-party verifier. Opinions aren't facts! Learn about our services: 👉www.stevenduxi.com/collections. Got questions? Join our Free Discord: discord.com/invite/q3BGJHs. Comments aren't for debates or detailed discussions 🚫💬. We won't DM for money. Ready to level up? Learn from a verified millionaire! 💰🎓💪. Discord
@SquatSimp
@SquatSimp 4 жыл бұрын
Steven this is a great video thank you! Do you have a video on how to specifically track progress? You mentioned this a lot in the video, but I am not sure how you go about it (eg manually input but/sell/float/...?)
@sugebzzy2038
@sugebzzy2038 4 жыл бұрын
Great video.
@dawnnbaby
@dawnnbaby 4 жыл бұрын
Hi Steven, what do you mean by pattern? What is pattern?
@hibana7298
@hibana7298 4 жыл бұрын
Hell yeah! Some very good input.
@777killler
@777killler 4 жыл бұрын
What to watch about stocks?
@sophieyao1151
@sophieyao1151 4 жыл бұрын
Hi Steven. Can I know u do Day trade and short term, or only do day trade?
@leslienyambo7007
@leslienyambo7007 4 жыл бұрын
Really appreciate this, Thank you
@terry4265
@terry4265 4 жыл бұрын
Great Video & Great Help !!! Thanks so much . :)
@rezasfx
@rezasfx 4 жыл бұрын
Thanks Mr. Dux You are The Best Trader i know.
@TheamazingPK
@TheamazingPK 4 жыл бұрын
You've taught me so much bro. Been making 1000+ a day. Thank you.
@stephanedemanou4221
@stephanedemanou4221 4 жыл бұрын
For how long have you been trading man ?
@gorillatrading5452
@gorillatrading5452 4 жыл бұрын
Shit, man! This is my goal. How much are you trading with, if you dont mind me asking?
@gorillatrading5452
@gorillatrading5452 4 жыл бұрын
And what platform?
@Alexandrius_Caesar
@Alexandrius_Caesar 4 жыл бұрын
🧢
@TheamazingPK
@TheamazingPK 4 жыл бұрын
@@Alexandrius_Caesar No 🧢
@joseivanpharah-1774
@joseivanpharah-1774 4 жыл бұрын
Thank you for making this video👌🏽
@eurasianthunder
@eurasianthunder 4 жыл бұрын
Thank you so much for this. I am brand new and this is very helpful.
@trill711
@trill711 4 жыл бұрын
Hey Steven I have a question would you recommend buying stocks or trading options?
@outwit8743
@outwit8743 4 жыл бұрын
I'm not Steven but depends on your trading preference. I always recommend trading because there's less risk involved and more basic but options has a higher risk reward ratio. Do you want to gradually increase your account or quickly compound your money with the risk of blowing it if market goes against you?
@stevendux
@stevendux 4 жыл бұрын
I might give it a shot in the future. For now, I am definetly more biased given my main focus is on the stocks.
@JosePerez-vm2tx
@JosePerez-vm2tx 4 жыл бұрын
Thank you for speaking the truth steven. I identify heavily with your advice. I’m very thankful.
@sandstorm973
@sandstorm973 4 жыл бұрын
Great vid brah!
@NESORDV
@NESORDV 4 жыл бұрын
Hey Steven can you advice me a broker to trade penny stocks which support uk citizens ? As i can see that you are trade obly use citizenships allowed from your broker Regards
@sofiawithfield8798
@sofiawithfield8798 4 жыл бұрын
World Travel reach out to a professional for assistance
@sofiawithfield8798
@sofiawithfield8798 4 жыл бұрын
[+1469-275-1373]
@azmirhaikal4546
@azmirhaikal4546 4 жыл бұрын
Great tips
@PortCapital
@PortCapital 4 жыл бұрын
0:04 when a wasp flies into your car
@faiswright1604
@faiswright1604 4 жыл бұрын
Loving your videos. If I was to start day trading with £500 would that be ok or do I need more?
@nicolasdiego68
@nicolasdiego68 4 жыл бұрын
As a beginner all you need is a Professional Stock broker to guide you through your investment. I recommend Ms Bianca Elpas a broker who specialize in guiding newbies on how to make profits continuously. Contact her on Telegram at Tradewith_Bianca.
@neilrissman
@neilrissman 4 жыл бұрын
Great video Steven, Thankyou mate
@Putra-hr8ig
@Putra-hr8ig 4 жыл бұрын
Thank you masta!
@aankorai492
@aankorai492 4 жыл бұрын
Thank you, Steven, this has been so valuable. Appreciate man.
@brianhayashi7774
@brianhayashi7774 4 жыл бұрын
Hi Sifu, thank you .
@SuperExtrovert
@SuperExtrovert 4 жыл бұрын
Thank you Dux 👌🏾 Hope all is well.
@Quantumfluxfield
@Quantumfluxfield 4 жыл бұрын
I see in the video you had with DeLaghetto that you had about 10 + A4 sheets on your wall with patterns, do you use all of these or are they just random ones you are trying to improve?
@satiricallyopinionated
@satiricallyopinionated 4 жыл бұрын
Hey man! You’re simply AWESOME 👌🏽 🍻 Cheers
@lisandrubarbure4679
@lisandrubarbure4679 4 жыл бұрын
Hello! Can You make a video about the books You read?
@liualex3639
@liualex3639 4 жыл бұрын
Cool video Steven, can you recommend some books and traders for us to look at? Pleaseee
@nicolasdiego68
@nicolasdiego68 4 жыл бұрын
You're right , sometimes all we need is a good recommendations of brokers who will help us manage our accounts and give us profits continuously. I recommend Ms Bianca's TRADE very reliable and trustworthy . Contact her on Telegram at Tradewith_Bianca.
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
reach out to a professional trader for assistance for your desired result
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
on whatsapp
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
[+1469-275-1373]
@stefanoc974
@stefanoc974 4 жыл бұрын
thank you
@bacura101
@bacura101 4 жыл бұрын
Hey steven, i'm really enjoying your youtube channel and would love to learn more. I feel as though your freedom challenge is a bit expensive at 7500 USD. Do you have any other more limited programs for a lower cost?
@outwit8743
@outwit8743 4 жыл бұрын
Bruh I thought a $200 course was expensive
@finnmaitland8155
@finnmaitland8155 4 жыл бұрын
Hey Steven I got a question. When you said 100 entries/pattern does that mean that someone must put actual money on the line and enter 100 different positions or can you just track the statistics of 100 different positions that could have been entered? (I don't know if maybe having money on the line is part of tracking statistics... hope this is not a dumb question).
@alvaroespinoza8385
@alvaroespinoza8385 4 жыл бұрын
It is a dumb question lol, but no you don't need to actually put money on the line
@bryce9065
@bryce9065 4 жыл бұрын
Great point. So valid!!! Btw. do I see better, closer framing and improved audio? You used to speak little rushed (and messy). MUCH BETTER NOW!!! Pay attention and think about viewers, keep up. Great job.
@patrickholloway2294
@patrickholloway2294 4 жыл бұрын
Great video! When you track patterns in excel as a beginner, does this mean tracking your trades on this pattern, or tracking the pattern in multiple stocks before you even start trading? Thanks!
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
patrick Holloway reach out to an expert directly for assistance
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
[+1469-275-1373]
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
onwhatsapp
@fred989
@fred989 4 жыл бұрын
very well said
@ninjatunaish
@ninjatunaish 4 жыл бұрын
Do you have any tips about finding stocks that are gonna increase in price by a lot?
@zachwilliams94
@zachwilliams94 4 жыл бұрын
legend
@engineerkhaled2928
@engineerkhaled2928 4 жыл бұрын
this video is a golden one , exactly i do those mistakes , thank you so much for me you are best trader in the world
@EarnCryptoCoin.Online
@EarnCryptoCoin.Online 4 жыл бұрын
the worst for me is losing then wanting to make it back next trade an just causing more loss
@mcbaobao
@mcbaobao 4 жыл бұрын
How do u deal with this?
@EarnCryptoCoin.Online
@EarnCryptoCoin.Online 4 жыл бұрын
@@mcbaobao I have been doing much better I only trade my patterns I have tracked and have a plan for and if I lose I don't trade again until the next day! It's hard but is mostly discipline I think the mental side for trading is definitely the hardest part I doubled 2 accounts before losing them from over trading after losses!
@richardly1543
@richardly1543 4 жыл бұрын
My worst is always wanting to double down every time I go long and the stock keeps dropping
@yongyingchua1119
@yongyingchua1119 4 жыл бұрын
Hello from New Zealand!
@Breathinggg
@Breathinggg 4 жыл бұрын
Did someone take his course, how is it?
@inky-pinky-punky
@inky-pinky-punky 4 жыл бұрын
@@danielk3530 why is that?
@outwit8743
@outwit8743 4 жыл бұрын
@@danielk3530 Did you buy the course?
@outwit8743
@outwit8743 4 жыл бұрын
@Mmm0416 Did you buy the course?
@danielk3530
@danielk3530 4 жыл бұрын
@@outwit8743 no I didn't, I don't have the 7.5k for the challange and you also need 5k on your trading account.
@CSkyman
@CSkyman 4 жыл бұрын
What’s the name of the music in the end?
@aydentfamily6276
@aydentfamily6276 4 жыл бұрын
How do I find a pattern
@qiaow7252
@qiaow7252 4 жыл бұрын
Damn he really be making 1.2M under 40 days :O Wish one day I could become like this guy.
@jasonmbappe7871
@jasonmbappe7871 4 жыл бұрын
does he only mean for trading equity? Or applying this to options as well. because I have a friend i am trying to help who keeps blowing his account up. how can he maintain it
@desmondwong740
@desmondwong740 4 жыл бұрын
It applies to options as well. Options are basically just a different side of equity trading but with much larger leverage(which is why your friend keeps blowing up his account). You should tell your friend to 1) start tracking pattern statistics, 2) set take profit and cut loss percentages and 3) keep risk underneath 10%.
@ald6079
@ald6079 4 жыл бұрын
From the heart 😂. XieXie
@hasanator1
@hasanator1 4 жыл бұрын
do you trade stocks or ETFs
@stevendux
@stevendux 4 жыл бұрын
Stocks.
@ic95825
@ic95825 4 жыл бұрын
Do you teach classes or help advise??
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
reachout to an expert directly for assistance
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
[+14692751373]
@abbudabd-el-kader3424
@abbudabd-el-kader3424 4 жыл бұрын
on whatsapp
@davidking1426
@davidking1426 4 жыл бұрын
Amazing video Dux. Please do more psychology videos, few more longer videos perhaps.
@VietLe-zn4ud
@VietLe-zn4ud 4 жыл бұрын
Great video, keep it up :D. Btw, do you have any goal for an early retirement in the industry?
@keenheat3335
@keenheat3335 4 жыл бұрын
how long do a particular pattern usually last ?
@maxmustermann6726
@maxmustermann6726 4 жыл бұрын
nice bro
@alvaroespinoza8385
@alvaroespinoza8385 4 жыл бұрын
Steven one thing I've never understood is, when tracking, and you have a filter to only track setups with over a certain amount of volume for liquidity, do you apply that to the day before the actual setup or to the day you would trade it, bc when your playing a setup in real-time you wouldn't know if it's gonna end up meeting those reqs
@stevendux
@stevendux 4 жыл бұрын
use estimate volume to match the tracking if does then execute the pattern
@jayosama1491
@jayosama1491 4 жыл бұрын
Hey Steven, how do you find good stocks of the day?
@JonathanSandovalYouTube
@JonathanSandovalYouTube 4 жыл бұрын
biggest percent gainers, and new highs from previous days
@Adarshsolanki007
@Adarshsolanki007 4 жыл бұрын
How do I find chart patterns to track ?? Any suggestions ? Let's say if it's "Dip buy Pattern" And I wanna track 100 pattern as you said... Where should I look for those ?
@stevendux
@stevendux 4 жыл бұрын
You will need a scanner. Start tracking the ones that's currently running.
@kalaniking4888
@kalaniking4888 4 жыл бұрын
Could you provide a video of your thought process on the Level II of a huge, winning trade you previously executed? Thanks in advance!
@pf450
@pf450 4 жыл бұрын
Thanks Dux, does anyone know the exact patterns he likes to do his statistics on?
@pf450
@pf450 4 жыл бұрын
Joe Shmo I’m not going all in on anything
@stevenscott9208
@stevenscott9208 4 жыл бұрын
Good Video Steven. I have started hiding my P/L and just trade the trade and find it helps tremendously as well...
@obolaristudio
@obolaristudio 4 жыл бұрын
you are the best .
@christophertone9566
@christophertone9566 4 жыл бұрын
I’ve never heard FOMO described like that... “you feel like the market owes you money” that’s great. How should I go about tracking patterns? Any suggestions?
@devinday5759
@devinday5759 4 жыл бұрын
Hey described what I’ve always heard called “Revenge” trading not FOMO....which I found really confusing.
@hasenrahal1689
@hasenrahal1689 4 жыл бұрын
U said u need 100 samples, like im tracking a startegy and like u said i split them based on float, my question is should each float category contain 100 samples or overall 100
@Twins-np2jz
@Twins-np2jz 4 жыл бұрын
Hey! Im 16 and looking in to trading, i was wondering if you could explain what you just asked? Thanks.
@Dewiew
@Dewiew 4 жыл бұрын
I shorted EQ at 11.41$, then it shoots to 27$... any advise pls?
@manueljunior3002
@manueljunior3002 4 жыл бұрын
hear Dux, I would like to throw a challenge on whether you can trade the fx market for at least a week
@pedestrian9287
@pedestrian9287 4 жыл бұрын
Couldn't agree more with emotions at the end of video. Happened to me today with my trade and I lost a significant amount. I knew the pattern said one thing, my emotions said another.
@stevendux
@stevendux 3 жыл бұрын
it's already a big step forward for you to realise it.
@jgron3156
@jgron3156 4 жыл бұрын
that is bada$$ profits Duxman. I´m already in Sykes training. Doing ok with my account. Looks like he sees shorters as the Dark Force of Trading. You are with the emperor :P lol
@a-rod1527
@a-rod1527 4 жыл бұрын
i feel like making money quick on shorts is more relaxing
@tradingpsychologyacademy2025
@tradingpsychologyacademy2025 4 жыл бұрын
STOCK TRADING IS MY LIFE! I WILL have an interview with you on my Channel one day :)
@inky-pinky-punky
@inky-pinky-punky 4 жыл бұрын
The first video that I actually kind of understand
The 3 mistakes EVERY trader will run into.
11:24
Steven Dux
Рет қаралды 115 М.
«Жат бауыр» телехикаясы І 30 - бөлім | Соңғы бөлім
52:59
Qazaqstan TV / Қазақстан Ұлттық Арнасы
Рет қаралды 340 М.
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