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.
@amsbeats8414 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!
@aliraisi58344 жыл бұрын
@@amsbeats841 Omg man! Are you okay, that was must of been so painful! :(
@ansonpeterson60044 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.
@boahmedany404 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
@escan98594 жыл бұрын
Dux is my favorite trader,Intelligent and willing to share
@djurodjurakaruci67734 жыл бұрын
share for $3000
@mikezaborsky45284 жыл бұрын
I like it: "Be like Robot as possible " always loose when I'm looking at feelings!
@wenyuanwu30964 жыл бұрын
that's why a lot of hedge funds are using programs to trade
@hedhunta37674 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 .
@msnj92464 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-kl5ri4 жыл бұрын
Dude is brilliant - but I also love listening to his accent
@quantumgoku16684 жыл бұрын
Wonderful video and wonderful line at the end. Focus on your mistakes. Have the beginner mindset.
@Daniellasanche4 жыл бұрын
Best videos on trading out there! Thank you so much for sharing what you know
@donnieji48254 жыл бұрын
Love how open and educational you are!
@Phop2794 жыл бұрын
Nice and cozy light setup man.
@phareaction4 жыл бұрын
your editor is great btw
@kemparaju54134 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....
@JasonOoiFoo3 жыл бұрын
Hi Kempa Raju did you understand what Stev talk about how to define a dollar block for specified market cap ?
@espocartoons4 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!
@sarahsf69403 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?
@brandomarchelino4 жыл бұрын
i want the HUSTLE Lamp in the back
@stevendux4 жыл бұрын
mine!
@adamnaughty2 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
@PramTrans4 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...
@bradytrading4 жыл бұрын
What was your first pattern you traded that you were talking about? Dip buying multi days?
@111ryryalex1114 жыл бұрын
can we get your definition of what is a pattern ?
@truedreamfilms80174 жыл бұрын
What time is mid day and afternoon? Confused because i thought mid day was 12pm
@roladun4 жыл бұрын
Nice advise but I guess the rules will be good for shorting folks, not as much for the long people.... Thanks
@TheMeanTvGamer4 жыл бұрын
Keep up the good work bro! I really enjoy your videos!
@natolh4 жыл бұрын
Hey Steve is your strategy works for Canadian market
@agnikai62584 жыл бұрын
When you say track float do you mean free float or free float market capitalization?
@juliocorona38684 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.
@babycutezz56653 жыл бұрын
Did you set stop loss when the stock went up above $2? Thanks
@abhishekjangale79694 жыл бұрын
If u are a beginner day trader...u can completely relate.!
@girmategene8194 жыл бұрын
GOOD JOB MAN KEEP GOING
@teemc68974 жыл бұрын
Pattern works in cycle and also it will skip in cycle. Everything CYCLE!
@johnc.75944 жыл бұрын
Amazing! Love your work Dux!
@Iluvkiki5264 жыл бұрын
Well thanks for your experience
@FREEDOMSUPPORT4 жыл бұрын
You are the best young man! Thank you 😎
@mikechan2313 жыл бұрын
This is a great video. Thanks
@Venus-uf8sp4 жыл бұрын
Thank you for very helpful videos bro.
@williamsheppe95594 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.
@aankorai4924 жыл бұрын
Greed, Overconfidence/ Over Trading, and Anticipation. Always write down your rules, follow your rules, and be as robot as possible!
@manojpatel-vn2th4 жыл бұрын
Hi brother what reading books is good to get more knowledge
@stevendux4 жыл бұрын
psychology of trading
@nathantran82594 жыл бұрын
Did you use a offshore account to short penny stocks? Or what platform did you use?
@shingkang42033 жыл бұрын
yes! U R my teacher!
@Xinkgs4 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.
@TriniTrav4 жыл бұрын
Can you do a video on taxes please.
@stevendux4 жыл бұрын
i did it before
@TiimeWizaarD4 жыл бұрын
According to you what is a best trade and good trade ?
@roberttyler67634 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
@nyxjones57974 жыл бұрын
Best is to trade only one asset. I exclusively trade the DJ30 CFD every day.
@RichWan4 жыл бұрын
Does the float/volume concept apply to normal SP500 stocks?
@eadou4 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?
@RioTheHitman4 жыл бұрын
That was a actually a really good vid have to put that one up on your top videos of all time
@crashtheboss074 жыл бұрын
Is there any book on day trading written by you Steven sir?
@terry42654 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
@stefanoc9744 жыл бұрын
thank you
@oneshotgt18624 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 ...
@jaidenBenzz4 жыл бұрын
Hi Thanks for the information... I live here in Miami and I’m very new to Forex trading
@benjaminjacome4 жыл бұрын
You are awesome Steve
@datnap14 жыл бұрын
Thank you Steven, much love
@Sumit991424 жыл бұрын
Y
@simongarcia44814 жыл бұрын
Steven, please check your Freedom Challenge Applicants! 🙏🏽📿
@qiamahmadi3754 жыл бұрын
Love and respect from Afghanistan
@Hugo-xj2mj4 жыл бұрын
Great stuff
@user-qv2bw6zl1x4 жыл бұрын
Respect man
@mikeerzulie70174 жыл бұрын
Hi Steven, you mentioned being down $50,000 on your GBR trade? What percentage of your account were you trading when you were starting out once you got more confidence in your patterns? I know some Day Traders go ALL IN, but I couldn't find a video on your channel talking about your position size in respect to your account size
@stevendux4 жыл бұрын
its not GBR its BGI i was trading about 50 percent of my account back when i started trading
@veggiegiant4 жыл бұрын
Great info and advice 👍
@Vegaswin834 жыл бұрын
You like to short how you feel when u short @5$ 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_v4 жыл бұрын
I don't ibiza groove
@rickywilliams20964 жыл бұрын
Do you have a chatroom?
@jeremydosh28714 жыл бұрын
Wow perfect quick explanation. It always helps to hear it again and again. Must be mechanical lol
@bitcoin.crypto4 жыл бұрын
Dux got strong hands, leverage your total margin waiting for a turnaround then waiting for it to bottom out. wow
@barryspurlock30484 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 .
@qamarmood11574 жыл бұрын
Yes
@vibetrading4 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.
@rtony2093 жыл бұрын
going ham on one pattern!!
@rtony2093 жыл бұрын
his editor must be hella ham!
@kelvin.davies17044 жыл бұрын
some good brokers please ? or tips what to look for when choosing brokers ?
@stevendux4 жыл бұрын
centerpoint speedtrader and cobra
@poodiepie98834 жыл бұрын
Steven Dux which one has the most available shorts?
@arnaarna17044 жыл бұрын
love you mann 💪
@MrOnluka4 жыл бұрын
you should show us some live trades please
@alvaroespinoza83854 жыл бұрын
10 winning trades and only 3 losses so far this year :)
@deficator7504 жыл бұрын
Nice. Im at 29/7 profit $495.60
@wealthlegend4 жыл бұрын
"the re-spike after the hype would be the money maker after the hype". could you explain abit more on this please?
@bryajanreveles1304 жыл бұрын
the stock would then be more normal thus becoming better to identify a legitimate pattern.
@mustakimkamaruzaman97154 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..😂😂😂
@sagarbahadurchhetri15023 жыл бұрын
Best trading vedio i stills watch this vedio to eliminate emotion
@stevendux3 жыл бұрын
glad it helps.
@MovieGasm4 жыл бұрын
Hi Steven, I'll pay you for mentoring :0
@eleonorael22513 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....
@marcdubreus61804 жыл бұрын
Very helpful man... what's the best way to reach 1million in a year?
@weekiat4144 жыл бұрын
rub a lamp and make a wish to aladdin.
@RD-wq5pe4 жыл бұрын
Start with 2 million
@marcdubreus61804 жыл бұрын
I love that lolll... you did a great job to make it.... keep it up👍
@lukaskrahmer67034 жыл бұрын
Do u really make only 50-60 trades a year? Thats less than 2 trades a week.
@ImagineSYL4 жыл бұрын
Which platform do you use to trade... am sick of this platforms that charge insane amounts of fees
@stevendux4 жыл бұрын
i trade on zero pro speed trader has the lowest fee so far
@Toughdog7734 жыл бұрын
Do you still think of yourself as a Tim Sykes student?
@kylewattssurfing32664 жыл бұрын
Thxxxxx cool awesome
@lazybeastz1824 жыл бұрын
if i ever become rich like this guy i wont even care that im a hikkikomori
@whiteelk44714 жыл бұрын
LETS GOOO!!!
@slickjoker22324 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.
@slickjoker22324 жыл бұрын
Anna Miller whats a ROU? Sorry kinda a Beginner right still at this just been having really good success
@TheFunSheet4 жыл бұрын
I won’t run into those 3 mistakes if I’m sitting down
@stevendux4 жыл бұрын
yup
@meron57064 жыл бұрын
no risk no reward
@AureliusStudios3 жыл бұрын
Watch the video with subtitles on, TRUST ME!
@maksymstebelskyi47984 жыл бұрын
good
@Daryx74 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
@teemc68974 жыл бұрын
We are just have ourself to blame upon the did we done.
@teemc68974 жыл бұрын
Filters of everything we see, hear and thinking.
@bigsponk78494 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.man24 жыл бұрын
Make a video on Taxes tips for short term capital gains
@TheMikeDMedia4 жыл бұрын
This happened to me
@sanadurga32424 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
@nepik19804 жыл бұрын
Um...
@mars49814 жыл бұрын
If you only make 60 trades a year. How do you make money every day?
@goldplatedproductions37734 жыл бұрын
a diverse portfolio
@damianwilliamson90153 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.
@damianwilliamson90153 жыл бұрын
Second one too
@deficator7504 жыл бұрын
Don’t look at his ears. Just saying
@osmans34954 жыл бұрын
Hey Steven, can I borrow a million dollars. Thanks 😊
@yuriys59914 жыл бұрын
He's giving out more if you listen carefully
@teddy75554 жыл бұрын
Truth ☝️☝️☝️
@19smiley254 жыл бұрын
#1 is facts. I made over 20k my first 3 months then proceeded to lose it all the next month
@TrueHorrorStoriesAnimated3 жыл бұрын
How that happened?
@19smiley253 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...
@TrueHorrorStoriesAnimated3 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?
@TrueHorrorStoriesAnimated3 жыл бұрын
Did you had a pattern you was good at?
@19smiley253 жыл бұрын
@@TrueHorrorStoriesAnimated yes it was horrifying. I was shorting and buying.
@ThaiEgho4 жыл бұрын
Where's your face mask dude?
@ZeonBe3 жыл бұрын
I turn 2200 to 400 :( It's my 2 years saving :((((((((( I hate myselff