The 3 mistakes EVERY trader will run into.

  Рет қаралды 115,511

Steven Dux

Steven Dux

Күн бұрын

Пікірлер: 158
@T07N
@T07N 4 жыл бұрын
This is so true. I keep thinking this to myself to make sure that I don't get too confident with my wins. The market will slap you in the face when you underestimate it.
@amsbeats841
@amsbeats841 4 жыл бұрын
In my first month of trading o bought the dead top of a little old stock called $BPTH and got crushed after doubling my account in a month. That'll teach you real God damn quick!
@aliraisi5834
@aliraisi5834 4 жыл бұрын
@@amsbeats841 Omg man! Are you okay, that was must of been so painful! :(
@ansonpeterson6004
@ansonpeterson6004 4 жыл бұрын
This SQB-AMAC strategy gives you a chance to see be a part of the top 1% by seeing how they trade and the patterns they look out for. Guys GO LEARN THE SQB-AMAC strategy from Yuril Zubong. This strategy is a whole new info to any retail trader.
@boahmedany40
@boahmedany40 4 жыл бұрын
Some deadly trading sins: 1. Removing your stop loss 2. Chasing extented stocks 3. Buying a rumor 4. Spontaneous trades 5. Shorting volatility 6. Shorting momentum stocks
@escan9859
@escan9859 4 жыл бұрын
Dux is my favorite trader,Intelligent and willing to share
@djurodjurakaruci6773
@djurodjurakaruci6773 4 жыл бұрын
share for $3000
@mikezaborsky4528
@mikezaborsky4528 4 жыл бұрын
I like it: "Be like Robot as possible " always loose when I'm looking at feelings!
@wenyuanwu3096
@wenyuanwu3096 4 жыл бұрын
that's why a lot of hedge funds are using programs to trade
@hedhunta3767
@hedhunta3767 4 жыл бұрын
Greed got me so far, tbh trading makes really makes you know yourself better, you are mostly fighting yourself . Also here, having 0 knowledge will punish you instantly or soon enough . When I first lost a trade I felt emptyness, I was angry at myself mostly . With time you establish rules for yourself and avoid the mistakes of the past .
@msnj9246
@msnj9246 4 жыл бұрын
I wish I found this channel before I started trading. I realized that I am making the ‘hype’ mistakes. Thank you for making this video🙏
@Will-kl5ri
@Will-kl5ri 4 жыл бұрын
Dude is brilliant - but I also love listening to his accent
@quantumgoku1668
@quantumgoku1668 4 жыл бұрын
Wonderful video and wonderful line at the end. Focus on your mistakes. Have the beginner mindset.
@Daniellasanche
@Daniellasanche 4 жыл бұрын
Best videos on trading out there! Thank you so much for sharing what you know
@donnieji4825
@donnieji4825 4 жыл бұрын
Love how open and educational you are!
@Phop279
@Phop279 4 жыл бұрын
Nice and cozy light setup man.
@phareaction
@phareaction 4 жыл бұрын
your editor is great btw
@kemparaju5413
@kemparaju5413 4 жыл бұрын
Hello Steven, I would like to say i learnt so many things from your videos thank you so much for your guidance. I am looking forward to learn more....
@JasonOoiFoo
@JasonOoiFoo 3 жыл бұрын
Hi Kempa Raju did you understand what Stev talk about how to define a dollar block for specified market cap ?
@espocartoons
@espocartoons 4 жыл бұрын
I have and continue to make all of those mistakes 4 months into my trading career. Profitable most days now though since I switched to short Bias. The issue I have is sticking to my rules and plan when things go against me! Fighting the urge get back what I have lost!
@sarahsf6940
@sarahsf6940 3 жыл бұрын
a question: when you say that a stock goes up by 1000 percent for example, 1000 percent of what? The price it began with that day? The market capital?
@brandomarchelino
@brandomarchelino 4 жыл бұрын
i want the HUSTLE Lamp in the back
@stevendux
@stevendux 4 жыл бұрын
mine!
@adamnaughty
@adamnaughty 2 жыл бұрын
apart from you, which mentor will you suggested me to buy learning how to trade or shall i just watch all free video. I dont know what criteria to look for
@PramTrans
@PramTrans 4 жыл бұрын
Trues about confident with few wins, after nailing 4 sorts in PreMarket against your rule, of training in PreMarket, i got double loss in VXRT PreMarket sort.. Learnt hard way,,,Never ever get overconfident with few wins or market will humble you in ways you dont like...
@bradytrading
@bradytrading 4 жыл бұрын
What was your first pattern you traded that you were talking about? Dip buying multi days?
@111ryryalex111
@111ryryalex111 4 жыл бұрын
can we get your definition of what is a pattern ?
@truedreamfilms8017
@truedreamfilms8017 4 жыл бұрын
What time is mid day and afternoon? Confused because i thought mid day was 12pm
@roladun
@roladun 4 жыл бұрын
Nice advise but I guess the rules will be good for shorting folks, not as much for the long people.... Thanks
@TheMeanTvGamer
@TheMeanTvGamer 4 жыл бұрын
Keep up the good work bro! I really enjoy your videos!
@natolh
@natolh 4 жыл бұрын
Hey Steve is your strategy works for Canadian market
@agnikai6258
@agnikai6258 4 жыл бұрын
When you say track float do you mean free float or free float market capitalization?
@juliocorona3868
@juliocorona3868 4 жыл бұрын
Hey Steven when you talk about your pattern do you mean what pattern you personally want to trade as far as the stock going up or trade when it dips.
@babycutezz5665
@babycutezz5665 3 жыл бұрын
Did you set stop loss when the stock went up above $2? Thanks
@abhishekjangale7969
@abhishekjangale7969 4 жыл бұрын
If u are a beginner day trader...u can completely relate.!
@girmategene819
@girmategene819 4 жыл бұрын
GOOD JOB MAN KEEP GOING
@teemc6897
@teemc6897 4 жыл бұрын
Pattern works in cycle and also it will skip in cycle. Everything CYCLE!
@johnc.7594
@johnc.7594 4 жыл бұрын
Amazing! Love your work Dux!
@Iluvkiki526
@Iluvkiki526 4 жыл бұрын
Well thanks for your experience
@FREEDOMSUPPORT
@FREEDOMSUPPORT 4 жыл бұрын
You are the best young man! Thank you 😎
@mikechan231
@mikechan231 3 жыл бұрын
This is a great video. Thanks
@Venus-uf8sp
@Venus-uf8sp 4 жыл бұрын
Thank you for very helpful videos bro.
@williamsheppe9559
@williamsheppe9559 4 жыл бұрын
Another fantastic video! A lot of great tid bits of information. From the video, i gather you were talking about the short side when it comes to first green days and heavy volume.
@aankorai492
@aankorai492 4 жыл бұрын
Greed, Overconfidence/ Over Trading, and Anticipation. Always write down your rules, follow your rules, and be as robot as possible!
@manojpatel-vn2th
@manojpatel-vn2th 4 жыл бұрын
Hi brother what reading books is good to get more knowledge
@stevendux
@stevendux 4 жыл бұрын
psychology of trading
@nathantran8259
@nathantran8259 4 жыл бұрын
Did you use a offshore account to short penny stocks? Or what platform did you use?
@shingkang4203
@shingkang4203 3 жыл бұрын
yes! U R my teacher!
@Xinkgs
@Xinkgs 4 жыл бұрын
The reason why i want to trade more as a trader under PDT is to practice more with real money not paper trading or simulation. In my opinion the more you practice the better you get at it and because under PDT you cant practice a lot it takes longer to develop as a trader those skill that VETS traders have. Is annoying even tho i understand that it helps you protect your capital assuming you are not trading with your entire account all in on one ticker.
@TriniTrav
@TriniTrav 4 жыл бұрын
Can you do a video on taxes please.
@stevendux
@stevendux 4 жыл бұрын
i did it before
@TiimeWizaarD
@TiimeWizaarD 4 жыл бұрын
According to you what is a best trade and good trade ?
@roberttyler6763
@roberttyler6763 4 жыл бұрын
Jpdela_ rosa a trade that you make maximum profit is a best trade .. you can always have best trades if you trade with a good platform
@nyxjones5797
@nyxjones5797 4 жыл бұрын
Best is to trade only one asset. I exclusively trade the DJ30 CFD every day.
@RichWan
@RichWan 4 жыл бұрын
Does the float/volume concept apply to normal SP500 stocks?
@eadou
@eadou 4 жыл бұрын
What if an event (news) that would hype up the statistics (stock) and you anticipate by buying. You could ride the hype then sell at a certain level. No?
@RioTheHitman
@RioTheHitman 4 жыл бұрын
That was a actually a really good vid have to put that one up on your top videos of all time
@crashtheboss07
@crashtheboss07 4 жыл бұрын
Is there any book on day trading written by you Steven sir?
@terry4265
@terry4265 4 жыл бұрын
Great Video. I'm watching your Videos and going to follow what you say. I've been in the market for many years as a loser. Time for change. Will say. I am improving but not enough. Thanks
@stefanoc974
@stefanoc974 4 жыл бұрын
thank you
@oneshotgt1862
@oneshotgt1862 4 жыл бұрын
What about if its a IPO....whats the rule ?...recently just hit CVAC ...when it first opened up on the market and hit a easy $600 in 2days ...
@jaidenBenzz
@jaidenBenzz 4 жыл бұрын
Hi Thanks for the information... I live here in Miami and I’m very new to Forex trading
@benjaminjacome
@benjaminjacome 4 жыл бұрын
You are awesome Steve
@datnap1
@datnap1 4 жыл бұрын
Thank you Steven, much love
@Sumit99142
@Sumit99142 4 жыл бұрын
Y
@simongarcia4481
@simongarcia4481 4 жыл бұрын
Steven, please check your Freedom Challenge Applicants! 🙏🏽📿
@qiamahmadi375
@qiamahmadi375 4 жыл бұрын
Love and respect from Afghanistan
@Hugo-xj2mj
@Hugo-xj2mj 4 жыл бұрын
Great stuff
@user-qv2bw6zl1x
@user-qv2bw6zl1x 4 жыл бұрын
Respect man
@mikeerzulie7017
@mikeerzulie7017 4 жыл бұрын
Hi Steven, you mentioned being down $50,000 on your GBR trade? What percentage of your account were you trading when you were starting out once you got more confidence in your patterns? I know some Day Traders go ALL IN, but I couldn't find a video on your channel talking about your position size in respect to your account size
@stevendux
@stevendux 4 жыл бұрын
its not GBR its BGI i was trading about 50 percent of my account back when i started trading
@veggiegiant
@veggiegiant 4 жыл бұрын
Great info and advice 👍
@Vegaswin83
@Vegaswin83 4 жыл бұрын
You like to short how you feel when u short @5$ and you buy back @40$ I hope u shorted spi and bought it back @40 by the way spi run up 3600% in 1 day from 0.85 to 46$
@justin_p_v
@justin_p_v 4 жыл бұрын
I don't ibiza groove
@rickywilliams2096
@rickywilliams2096 4 жыл бұрын
Do you have a chatroom?
@jeremydosh2871
@jeremydosh2871 4 жыл бұрын
Wow perfect quick explanation. It always helps to hear it again and again. Must be mechanical lol
@bitcoin.crypto
@bitcoin.crypto 4 жыл бұрын
Dux got strong hands, leverage your total margin waiting for a turnaround then waiting for it to bottom out. wow
@barryspurlock3048
@barryspurlock3048 4 жыл бұрын
Does taking profits along the way count towards your 3 trades a week ? I am still in a paper account and saving capital and having cash its hard to stay in a paper account when i am finding runners with news before the open .
@qamarmood1157
@qamarmood1157 4 жыл бұрын
Yes
@vibetrading
@vibetrading 4 жыл бұрын
Alot of people loss their money in the stock market as a result of fool by randomness. They win one time and they think they are so great. They trade big position size without thinking about risk management. They end up losing everything. You should learn and understand risk management.
@rtony209
@rtony209 3 жыл бұрын
going ham on one pattern!!
@rtony209
@rtony209 3 жыл бұрын
his editor must be hella ham!
@kelvin.davies1704
@kelvin.davies1704 4 жыл бұрын
some good brokers please ? or tips what to look for when choosing brokers ?
@stevendux
@stevendux 4 жыл бұрын
centerpoint speedtrader and cobra
@poodiepie9883
@poodiepie9883 4 жыл бұрын
Steven Dux which one has the most available shorts?
@arnaarna1704
@arnaarna1704 4 жыл бұрын
love you mann 💪
@MrOnluka
@MrOnluka 4 жыл бұрын
you should show us some live trades please
@alvaroespinoza8385
@alvaroespinoza8385 4 жыл бұрын
10 winning trades and only 3 losses so far this year :)
@deficator750
@deficator750 4 жыл бұрын
Nice. Im at 29/7 profit $495.60
@wealthlegend
@wealthlegend 4 жыл бұрын
"the re-spike after the hype would be the money maker after the hype". could you explain abit more on this please?
@bryajanreveles130
@bryajanreveles130 4 жыл бұрын
the stock would then be more normal thus becoming better to identify a legitimate pattern.
@mustakimkamaruzaman9715
@mustakimkamaruzaman9715 4 жыл бұрын
Hi Steven Dux..the problem is for Asian trader is forex have must lot of money to start it..for Asian people like in SouthEast Asia USD$1000 is so a lot of money..coz our currency so small amount than $USD..that why many peopla in SouthEast Asia choose to trading in binary..for me $1000 is so lot of money too..my salary if i want to keep that amount i must working 5 month to get that amount if im not using my money..so thats why we choose binary..just want to tell the problem why Asian people choose to trade in binary..the main problem is the amount if we want to trade..we are so very happy is our currency same like Kuwait 'Dinar' currency so we can easy saving it so fast & trade..😂😂😂
@sagarbahadurchhetri1502
@sagarbahadurchhetri1502 3 жыл бұрын
Best trading vedio i stills watch this vedio to eliminate emotion
@stevendux
@stevendux 3 жыл бұрын
glad it helps.
@MovieGasm
@MovieGasm 4 жыл бұрын
Hi Steven, I'll pay you for mentoring :0
@eleonorael2251
@eleonorael2251 3 жыл бұрын
I never ever put one single comment on this channel, like I did not on Tim Sykes channel, well I want to know you: you contribute to my trading A LOT, I don't even trade penny stocks, I trade futures, I am older than you are,so relax: not trying to seduce anybody here...and Tim is not a bad guy he is is just a little bit too full of himself and that makes him lose a lot of people....
@marcdubreus6180
@marcdubreus6180 4 жыл бұрын
Very helpful man... what's the best way to reach 1million in a year?
@weekiat414
@weekiat414 4 жыл бұрын
rub a lamp and make a wish to aladdin.
@RD-wq5pe
@RD-wq5pe 4 жыл бұрын
Start with 2 million
@marcdubreus6180
@marcdubreus6180 4 жыл бұрын
I love that lolll... you did a great job to make it.... keep it up👍
@lukaskrahmer6703
@lukaskrahmer6703 4 жыл бұрын
Do u really make only 50-60 trades a year? Thats less than 2 trades a week.
@ImagineSYL
@ImagineSYL 4 жыл бұрын
Which platform do you use to trade... am sick of this platforms that charge insane amounts of fees
@stevendux
@stevendux 4 жыл бұрын
i trade on zero pro speed trader has the lowest fee so far
@Toughdog773
@Toughdog773 4 жыл бұрын
Do you still think of yourself as a Tim Sykes student?
@kylewattssurfing3266
@kylewattssurfing3266 4 жыл бұрын
Thxxxxx cool awesome
@lazybeastz182
@lazybeastz182 4 жыл бұрын
if i ever become rich like this guy i wont even care that im a hikkikomori
@whiteelk4471
@whiteelk4471 4 жыл бұрын
LETS GOOO!!!
@slickjoker2232
@slickjoker2232 4 жыл бұрын
Hey Steve I would love if you could help me am running out of options and I have 4 little ones that look up to me. Am in the mist of losing everything i own idk who else to turn too to be honest. What I can say is that I been interested in the stock market since I was young just never knew how to get in. Please sir can you help me. Thanks for your time.
@slickjoker2232
@slickjoker2232 4 жыл бұрын
Anna Miller whats a ROU? Sorry kinda a Beginner right still at this just been having really good success
@TheFunSheet
@TheFunSheet 4 жыл бұрын
I won’t run into those 3 mistakes if I’m sitting down
@stevendux
@stevendux 4 жыл бұрын
yup
@meron5706
@meron5706 4 жыл бұрын
no risk no reward
@AureliusStudios
@AureliusStudios 3 жыл бұрын
Watch the video with subtitles on, TRUST ME!
@maksymstebelskyi4798
@maksymstebelskyi4798 4 жыл бұрын
good
@Daryx7
@Daryx7 4 жыл бұрын
What you explained at 2:18 is exactly what happened to me today and lost 3/4 of my account and I'm devastated right now
@teemc6897
@teemc6897 4 жыл бұрын
We are just have ourself to blame upon the did we done.
@teemc6897
@teemc6897 4 жыл бұрын
Filters of everything we see, hear and thinking.
@bigsponk7849
@bigsponk7849 4 жыл бұрын
From my experience, it is best to be as clear as possible and create rules for your trading. The less subjective, the better. I'm by no means an amazing trader, but these things have turned my trading around. Good luck and I hope you keep trying!
@wolf.man2
@wolf.man2 4 жыл бұрын
Make a video on Taxes tips for short term capital gains
@TheMikeDMedia
@TheMikeDMedia 4 жыл бұрын
This happened to me
@sanadurga3242
@sanadurga3242 4 жыл бұрын
You can learn how to trade with conradschaeffer he is a liable person and he can help you make much profit with your little capital
@nepik1980
@nepik1980 4 жыл бұрын
Um...
@mars4981
@mars4981 4 жыл бұрын
If you only make 60 trades a year. How do you make money every day?
@goldplatedproductions3773
@goldplatedproductions3773 4 жыл бұрын
a diverse portfolio
@damianwilliamson9015
@damianwilliamson9015 3 жыл бұрын
Literally made the first mistake today after big 10 wins in a row the past couple of months, overconfident and reversed on me. I managed my loss well and only lost a little.
@damianwilliamson9015
@damianwilliamson9015 3 жыл бұрын
Second one too
@deficator750
@deficator750 4 жыл бұрын
Don’t look at his ears. Just saying
@osmans3495
@osmans3495 4 жыл бұрын
Hey Steven, can I borrow a million dollars. Thanks 😊
@yuriys5991
@yuriys5991 4 жыл бұрын
He's giving out more if you listen carefully
@teddy7555
@teddy7555 4 жыл бұрын
Truth ☝️☝️☝️
@19smiley25
@19smiley25 4 жыл бұрын
#1 is facts. I made over 20k my first 3 months then proceeded to lose it all the next month
@TrueHorrorStoriesAnimated
@TrueHorrorStoriesAnimated 3 жыл бұрын
How that happened?
@19smiley25
@19smiley25 3 жыл бұрын
@@TrueHorrorStoriesAnimated I went through what's called the trader death spiral. Taking loss after loss trying to make back what I lost from the last trade and ended up blowing up...
@TrueHorrorStoriesAnimated
@TrueHorrorStoriesAnimated 3 жыл бұрын
@@19smiley25 mean sorry to hear that.......the emotional tension must of been ruff.......I'm glad to see you could talk about it etc.......were you shorting or buying?
@TrueHorrorStoriesAnimated
@TrueHorrorStoriesAnimated 3 жыл бұрын
Did you had a pattern you was good at?
@19smiley25
@19smiley25 3 жыл бұрын
@@TrueHorrorStoriesAnimated yes it was horrifying. I was shorting and buying.
@ThaiEgho
@ThaiEgho 4 жыл бұрын
Where's your face mask dude?
@ZeonBe
@ZeonBe 3 жыл бұрын
I turn 2200 to 400 :( It's my 2 years saving :((((((((( I hate myselff
@user-jt3nf7in5w
@user-jt3nf7in5w 4 жыл бұрын
Pigs get fat and hogs get slaughtered 👍🏻
How to stay consistently profitable with a SMALL trading account
9:27
А я думаю что за звук такой знакомый? 😂😂😂
00:15
Денис Кукояка
Рет қаралды 6 МЛН
Thank you Santa
00:13
Nadir Show
Рет қаралды 52 МЛН
What type of pedestrian are you?😄 #tiktok #elsarca
00:28
Elsa Arca
Рет қаралды 41 МЛН
How to Become Like Miyamoto Musashi - Monster Mindset
8:32
Statue of Wisdom
Рет қаралды 285 М.
Stock Options Explained
10:16
The Plain Bagel
Рет қаралды 1,4 МЛН
How Much Money Do You Need to Start Day Trading?
4:22
Umar Ashraf
Рет қаралды 146 М.
The 3 FREE Tools Every Trader Must Have.
8:36
Steven Dux
Рет қаралды 156 М.
The beginner trading psychology that's often overlooked.
8:28
Steven Dux
Рет қаралды 60 М.
How to find a REAL pattern.
9:28
Steven Dux
Рет қаралды 218 М.
MAXIMUM TRADING GAINS - Using Price, Time & Volume.
22:37
Financial Wisdom
Рет қаралды 149 М.
The Market Data You Should Study during Quarantine.
12:02
Steven Dux
Рет қаралды 95 М.
А я думаю что за звук такой знакомый? 😂😂😂
00:15
Денис Кукояка
Рет қаралды 6 МЛН