Hi Steven, I’m 16 and learning more and more about investing from you and books! Wondering if you could do a short video on tips for young people trying to get into the game... thanks! Also your English is getting way better!!
Hey im 16 too. How did you learn more about the stock market? How did you know what to study in the beginning cos im trying and the internet is full of this and idk what to begin with!
@@michelgurung6252 begin with paper trading young Padawan. Always buy low sell high, don't be greedy, don't short or learn options yet because that's just an easy quick way to blow up your acct. Just learn how to be a sniper scalper just taking minimum gains quickly so that you will maximize time/profit.
can you do a video of everything you look at before you buy or short a stock? like the sec filings and the catalysts and what type of catalyst you think makes stocks run the most over several days
Dear traders, you want to be able to make $500 to $1500 a day trading forex right? *The Vlad Ibrahimov Strategy* is the strategy that will help you achieve this i have confirmed it and so many other traders have as well, just google it.
Damn, 40 cents is a huge win for me. Realizing in the current market I need to be thankful for anything over 20 cents. Then again, I'm far from your level so I guess I'm not seeing the big picture.
The problem with shorting extended stocks is by the time they are ready to have first red day, borrows are either unavailable or crazy expensive. Better to develop a long strategy to catch these supernova runners.
- You want to short after first red day because stock starts to get bearish. - First red day. Over 300-400%, needs to extend at least 3 days. If only 2 days, then you can’t short into days after first red day. He recommends shorting something up over 1000% eg that went from $1 to $10 in 4-5 days - Bigger market cap is difficult to drop - stock has fundamentals. Less reward (~-20%) - 20-50m market cap, when super extended, the stock can go below -25% on the day - Overextended gapdown: 1) stock needs to be over 100% the previous day and the stock closing very strong. Then the next day, stock loses liquidity, gaps down, traps a lot of breakout buyers trying to sell in morning spike. But stock already gapped down, so people are already trapped in the stock. When stock spike again, they sell to b/e. psychology of overextended gap down. - You need a lot of bagholders for overextended gap down. So the day before needs to be 100% over and buyers need to stay in so the chart needs to look strong. - Otherwise if not many bagholders in overextended gap down and too many people shorting the next day with not much volume/ liquidity, then likely cause a short squeeze - Overextended gap down entry should be shorting into morning spike.
bro, I got into AGRX at an average of 65 cents with all of my 10k savings on the shitty robbinhood app. I looked at the prior history and it has always been up over 1.50 and even as high of 12bucks. It seemed like everyone was way over dramatic on the sell of to 37 cents. Over the next three days I saw my 10k turn into 45k! I had no idea what I was doing at this point so I HELD! DUMB! but I did take some overall amazing profits and invested it in the challenge. Got a lot more videos to watch but you are very to the point and articulate, which helps me stay awake! thank you haha!
Thanks Steven. I was wondering if for 1st red day play the volume shortage would have a more risk profile. I have been seeing stocks go dry and spreads wider so I was wondering if shorting in that sense would be a lot riskier in your opinion.
Hi Steven, can you make more videos on how to find the proper stock to trade based on your strategies? How did you set up your Premarket scanner and what are your scanner criteria etc?
Thank you so much for commenting @javieragosto4110! We really appreciate your support. Yes, we do offer a training program for those trading under a year! Feel free to visit our website to join our service and learn more about what we have to offer. 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! If you're ready to level up, learn from a verified millionaire! Keep in mind that here at Dux Trading LLC we primarily trade small to mid cap stocks, not options or futures. However, there may be some people in our room who do trade options and futures. If you have any questions or want to discuss more in depth, join our Free Discord: discord.com/invite/q3BGJHs. Comments aren't for debates or detailed discussions, but we encourage you to join us in our Discord community for more in depth conversation. Thanks again for your support, and we hope to see you soon! Learn about our services: www.stevenduxi.com/collections.
When taking a short position is it common for you to hold it over several days since sometimes it takes 100+ percent runners a few days after backside shows to drop a decent amount
Hey dux, great video... what about your long patterns? Premarket breakout, midday perk and all that? Are they still working alright or they need to be adjusted too?
Premarket breakout definitely still works. CUR, CHFS, AGRX are some that I remember had the pattern in the past few weeks. HumbledTrader also has some good instructional videos on it. Midday perk has a lower winning % so I don't focus on that as much.
Actually I've got a perfect example for you from today -- KRTX. Positive phase 2 news gapped it up in PM. Had well over 100k volume with nice consolidation. 15M float. More expensive stock but moved like a penny stock.
So, for the overextend gap down strategy, it is now going against the Gap fill strategy. If I am right, how could we distinguish their difference? By pre-market gapping up or down? Henceforth, it is much more risky to use gap fill pattern, it just like gambling. Btw, if the overextend gap down pattern require strong closing, how could we use the previous day most consolidation period as the resistance for shorting? The only scenario I could imagine is that the consolidation price stay higher than the open and the close. The price spikes in the morning, then consolidate, then falls in the midday and close strongly ( but not high than the consolidation price), Also, the AH and PM price of the stock could not spike too much which is higher than the consolidation price (market won't get in panic when the price is much higher than the consolidation price) in order to use the overextended gap down pattern.
If the AH and PM price spikes, but not near or higher than the consolidation price, bag holders who are trapped in the previous consolidation price would sell for make their loss even. The resistance then works properly again
Another scenario, is the stock is overextended, then close strong, but it gap down in the AH or PM, then it may work if the gap down price is lower than the price that consist heavy resistance.
Hi Steven. I am a new trader and learn a lot via youtube. In a video you said that you dont use hard stop losses, only soft stop losses. Do you set them after you open the position, or during the opening, or do you just exit the position by a manual click. Isnt it too dangerous in case of a huge sudden increase in price. And do you use limits to take the profit. in case a sudden move in the wrong direction. Or do you take profits only by a manual click. Maybe you could make a video on this topic. Thanks for your answer an wish you good luck in the coming trades, from Germany.
Hey Steven, I was a little bit confused about FCEL as an example of an overextended gap down failure because...didn't the stock end up dumping throughout the following day (11/7)? Looks like it went from 50s to about 40 with a small bounce in the morning. So wouldn't that make it a successful overextended gap down short? Seems like the stock also did fill most of the red that it had incurred over the day on 11/6. Though it still closed red on that day, wouldn't you say that the fact you had all of that buying at the end of the day on 11/6 would create bagholders for the following day? Looks like it closed around 56 and then gapped down to about 50 the following morning.
Does anyone know of any good videos that will teach me some patterns. Been having a tough time finding a video that explains a pattern without spending money on a course
Basically 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! 💰🎓💪.
All you need in making profits from your trades/investment is allowing a professional handle your trades/account. Investing with Sir Garvey's the best decision you can make, I'm a beneficiary.
Hello Steven, would you recommend Duxinator or Trading Techniques for a beginner? I'm not really sure what the difference is, except that Duxinator seems to be more up-to-date. Thank you!
simply momentum shifted. I could be red day with close lower than open or Green Day with a fail spike and the close is higher than the open a little bit. (In my understanding, not 100% sure)
Hello Steven , I am student in Beijing china. I am interested to join your freedom challenge but the price if your freedom challenge i cant afford . Do you have some discount. Please answer if you saw my comment Thanks
1. First red day 86% win * Short after first red day. 3+ days eg. $XNET. Exception, pattern overextended for 3 days. $2-5, 5-7. e.g. AGRX, 3 green days. $20-50m, first red day, cannot go under cannot go under-25% on the day on bigger and smaller market cap 1. market cap zone 2. days of extension 2. extended gap down stock has to be over 100% previous day, lose liquidity next day. trap sellers who want to sell on the spike, stock spikes again. stock has to close strong to trap people who want to sell. eg. TCEL am panic, too many shorters = short squeeze, noone will sell = bigger squeeze.
Thanks, Steven! Great stuff. I play Nasdaq tickers, too. Looking for full-time job so can save more for my trading bankroll. At a minimum how much do you recommend to start with trading?
during the day I do the ABCD pattern. A the gap up, B the pull back, C the price acton gets tight, Buy into D the break of A on the chart. intra day 2 min candles.
@@dajkjk6191 yeah resistance zones, tell you where the price action is most stagnant at, and if it smashed through it with good volume you can sell into that pop, just look to see if when profit takers step in volume comes right back where it broke out from to confirm a strong break out
The video itself is really informative, however those little reaction fillers, like those ducks got to go.. Its distractive and could make the viewer lose focus..
Don't put those small funny clips in the video which are not even funny, they are very distracting, when I watch video I loose all the attention for few seconds because of those clips and it takes some time to gain interest in the video.
The key lesson from this video, is that when you reach the nerves of steel to drop your phone and remain calm as Dux you are ready to go short
Thank you Dux... you have changed my life.
Hi Steven, I’m 16 and learning more and more about investing from you and books! Wondering if you could do a short video on tips for young people trying to get into the game... thanks! Also your English is getting way better!!
noted!
Hey im 16 too. How did you learn more about the stock market? How did you know what to study in the beginning cos im trying and the internet is full of this and idk what to begin with!
@@michelgurung6252 begin with paper trading young Padawan. Always buy low sell high, don't be greedy, don't short or learn options yet because that's just an easy quick way to blow up your acct. Just learn how to be a sniper scalper just taking minimum gains quickly so that you will maximize time/profit.
the background hurts the eyes
can you do a video of everything you look at before you buy or short a stock? like the sec filings and the catalysts and what type of catalyst you think makes stocks run the most over several days
john-michael Collins noted
@@stevendux you're videos are amazing bro! straight too the point and very helpful
10:26 is exactly how i picture bagholders
Dear traders, you want to be able to make $500 to $1500 a day trading forex right? *The Vlad Ibrahimov Strategy* is the strategy that will help you achieve this i have confirmed it and so many other traders have as well, just google it.
Damn, 40 cents is a huge win for me. Realizing in the current market I need to be thankful for anything over 20 cents. Then again, I'm far from your level so I guess I'm not seeing the big picture.
First time that I am understanding about Grap up/downs.
The problem with shorting extended stocks is by the time they are ready to have first red day, borrows are either unavailable or crazy expensive. Better to develop a long strategy to catch these supernova runners.
yes i do agree some times. but it is still profitable if you execute the shorting strategy correctly
@@stevendux whats your thoughts on crypto. Is it safe to trade or is it too sporadic?
Eh. If you're shorting stocks at $3+ then it's not really that expensive. Maybe costs 1-2% of the trade maximum.
@@kingjulius6858 Steven Dux would never trade on something he doesn't know about also Cryptocurrency is unpredictable.
Hello Steven, How about your 4 long strategies? Any update?
which broker do you use to trade? and do you have any recommended brokers specifically to aussies? if that makes any difference.
What are back orders?
Thanks for the info. Please let me know how to determine the strong closing, and what is the back order.
- You want to short after first red day because stock starts to get bearish.
- First red day. Over 300-400%, needs to extend at least 3 days. If only 2 days, then you can’t short into days after first red day. He recommends shorting something up over 1000% eg that went from $1 to $10 in 4-5 days
- Bigger market cap is difficult to drop - stock has fundamentals. Less reward (~-20%)
- 20-50m market cap, when super extended, the stock can go below -25% on the day
- Overextended gapdown: 1) stock needs to be over 100% the previous day and the stock closing very strong. Then the next day, stock loses liquidity, gaps down, traps a lot of breakout buyers trying to sell in morning spike. But stock already gapped down, so people are already trapped in the stock. When stock spike again, they sell to b/e. psychology of overextended gap down.
- You need a lot of bagholders for overextended gap down. So the day before needs to be 100% over and buyers need to stay in so the chart needs to look strong.
- Otherwise if not many bagholders in overextended gap down and too many people shorting the next day with not much volume/ liquidity, then likely cause a short squeeze
- Overextended gap down entry should be shorting into morning spike.
bro, I got into AGRX at an average of 65 cents with all of my 10k savings on the shitty robbinhood app. I looked at the prior history and it has always been up over 1.50 and even as high of 12bucks. It seemed like everyone was way over dramatic on the sell of to 37 cents. Over the next three days I saw my 10k turn into 45k! I had no idea what I was doing at this point so I HELD! DUMB! but I did take some overall amazing profits and invested it in the challenge. Got a lot more videos to watch but you are very to the point and articulate, which helps me stay awake! thank you haha!
Thank you very much Steven you’re literally making me rich 🙏🏼
Onzah hahhaa
Hi steven can u make a video about what kind of broker is best for us? (US stock market)
i can
@@stevendux thanks man ur a legend
Thanks Steven. I was wondering if for 1st red day play the volume shortage would have a more risk profile. I have been seeing stocks go dry and spreads wider so I was wondering if shorting in that sense would be a lot riskier in your opinion.
Hi Steven, can you make more videos on how to find the proper stock to trade based on your strategies? How did you set up your Premarket scanner and what are your scanner criteria etc?
Thank you Steven for these videos,,, DO YOU HAVE A TRAINING PROGRAM? for someone trading under a year
Thank you so much for commenting @javieragosto4110! We really appreciate your support. Yes, we do offer a training program for those trading under a year! Feel free to visit our website to join our service and learn more about what we have to offer.
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! If you're ready to level up, learn from a verified millionaire!
Keep in mind that here at Dux Trading LLC we primarily trade small to mid cap stocks, not options or futures. However, there may be some people in our room who do trade options and futures. If you have any questions or want to discuss more in depth, join our Free Discord: discord.com/invite/q3BGJHs. Comments aren't for debates or detailed discussions, but we encourage you to join us in our Discord community for more in depth conversation. Thanks again for your support, and we hope to see you soon! Learn about our services: www.stevenduxi.com/collections.
What your average share size you trade now Mr Dux? And what your range of stocks?
When taking a short position is it common for you to hold it over several days since sometimes it takes 100+ percent runners a few days after backside shows to drop a decent amount
Thanks, Steven!
Hey Steven what kind of meditation do you practice?
Love Dux, but the OTC market is still producing breakouts & nice gains. I find them nearly every day.
For a first red day short, do you buy a put close to expiration or one that doesnt expire for awhile?
Hi Dux, are you going to talk about new patterns?
I'm guessing reverse merger stocks that spike 1000% doesn't meet the criteria of a shortable stock.
Hey dux, great video... what about your long patterns? Premarket breakout, midday perk and all that? Are they still working alright or they need to be adjusted too?
Premarket breakout definitely still works. CUR, CHFS, AGRX are some that I remember had the pattern in the past few weeks. HumbledTrader also has some good instructional videos on it. Midday perk has a lower winning % so I don't focus on that as much.
Actually I've got a perfect example for you from today -- KRTX. Positive phase 2 news gapped it up in PM. Had well over 100k volume with nice consolidation. 15M float. More expensive stock but moved like a penny stock.
What is OTC and First Red Day?
I love the edits whoever does them is great
So, for the overextend gap down strategy, it is now going against the Gap fill strategy. If I am right, how could we distinguish their difference? By pre-market gapping up or down? Henceforth, it is much more risky to use gap fill pattern, it just like gambling. Btw, if the overextend gap down pattern require strong closing, how could we use the previous day most consolidation period as the resistance for shorting? The only scenario I could imagine is that the consolidation price stay higher than the open and the close. The price spikes in the morning, then consolidate, then falls in the midday and close strongly ( but not high than the consolidation price), Also, the AH and PM price of the stock could not spike too much which is higher than the consolidation price (market won't get in panic when the price is much higher than the consolidation price) in order to use the overextended gap down pattern.
If the AH and PM price spikes, but not near or higher than the consolidation price, bag holders who are trapped in the previous consolidation price would sell for make their loss even. The resistance then works properly again
Another scenario, is the stock is overextended, then close strong, but it gap down in the AH or PM, then it may work if the gap down price is lower than the price that consist heavy resistance.
What broker do you use as a trader ?? Steven dux
Hi Steven, please how do you backtest strategies to know which ones have the highest winning percentages and the ones that aren't really in play.
Thank you for updates Steven! I Most apriciate that you sharing it with us)
Hi Steven. I am a new trader and learn a lot via youtube. In a video you said that you dont use hard stop losses, only soft stop losses. Do you set them after you open the position, or during the opening, or do you just exit the position by a manual click. Isnt it too dangerous in case of a huge sudden increase in price.
And do you use limits to take the profit. in case a sudden move in the wrong direction. Or do you take profits only by a manual click.
Maybe you could make a video on this topic. Thanks for your answer an wish you good luck in the coming trades, from Germany.
He doesn’t answer he never answered a single question in his entire video that’s so rude
What's this have to do with going long. Everything he talked about was shorting
Hes a short biased trader and has always said that he was
Very interesting very helpful very grateful thank you.
Watched on 1-6-22
Hey Steven, I was a little bit confused about FCEL as an example of an overextended gap down failure because...didn't the stock end up dumping throughout the following day (11/7)? Looks like it went from 50s to about 40 with a small bounce in the morning. So wouldn't that make it a successful overextended gap down short? Seems like the stock also did fill most of the red that it had incurred over the day on 11/6. Though it still closed red on that day, wouldn't you say that the fact you had all of that buying at the end of the day on 11/6 would create bagholders for the following day? Looks like it closed around 56 and then gapped down to about 50 the following morning.
Does anyone know of any good videos that will teach me some patterns. Been having a tough time finding a video that explains a pattern without spending money on a course
Thank you so much! Awesome and useful information, thank you again!)🙂👍👍👍👍🔥🔥
Which platform u use here ?
Great video Dux, thanks!
what brokage account is he using?
TradeZero
thanks steve, please ask the editor to stop distracting us !!
To tighten up your criteria and win on a FRD make sure you have volume trapped above you.
Basically
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! 💰🎓💪.
Hey Steven,just curious do you use hot keys?Sorry if this question has been asked multiple times before,also do you use 2 minute candles?
no i dont use hot keys
How exactly do you backtest?
Why is ed bassmaster there
You are awesome thanks so much for what you share 😍😍
All you need in making profits from your trades/investment is allowing a professional handle your trades/account. Investing with Sir Garvey's the best decision you can make, I'm a beneficiary.
I've invested with him for 3 years now, glad to see another beneficiary.
Investing with Raph's the best decision i made this year with the whole pandemic thing. He's genius
@@willluckey9457
How much minimum can i start with? Heard about Sir Raphel Garvey across different platforms.
Hey guys what's the best platform for someone in NZ to begin day trading on?
E trade pro/ think or swim / equity feed
they all work
I agree great technical analysts
what trade platform is this?
Hello Steven, would you recommend Duxinator or Trading Techniques for a beginner? I'm not really sure what the difference is, except that Duxinator seems to be more up-to-date. Thank you!
duxnator is more up to date.
trading technique have more beginner info
Thanks Dux
thank you
Thanks for video!
that sweater NICE man!!
does red day mean stock closed below the open or stock close below yesterday's close?
simply momentum shifted. I could be red day with close lower than open or Green Day with a fail spike and the close is higher than the open a little bit. (In my understanding, not 100% sure)
@@cmf1081 你是中国人吗 ，如果是请联系我，
Hello Steven , I am student in Beijing china. I am interested to join your freedom challenge but the price if your freedom challenge i cant afford . Do you have some discount. Please answer if you saw my comment Thanks
你好，你是中国人吗，如果是，请联系我，相互学习
Great 👌
You wore this same outfit on the Nigahiga podcast.
Zachery Shinn Most people don’t burn their cloths after wearing them once.
Nice Stephen good vid
Steve, could you suggest some day trading books to read?
trading in the zone/psychology of trading
Thanks much.
checkered sweater dux
Steven why did you droped it ;)
Sober up
Thank you, Sun Tzu!
that "why" at 8:13 killed me for some reason lol
it's moe from csgo...omg so funny
awesome content
1. First red day 86% win
* Short after first red day. 3+ days
eg. $XNET. Exception, pattern overextended for 3 days. $2-5, 5-7.
e.g. AGRX, 3 green days.
$20-50m, first red day, cannot go under cannot go under-25% on the day on bigger and smaller market cap
1. market cap zone
2. days of extension
2. extended gap down
stock has to be over 100% previous day, lose liquidity next day. trap sellers who want to sell on the spike, stock spikes again.
stock has to close strong to trap people who want to sell.
eg. TCEL am panic,
too many shorters = short squeeze, noone will sell = bigger squeeze.
Thanks, Steven! Great stuff. I play Nasdaq tickers, too. Looking for full-time job so can save more for my trading bankroll. At a minimum how much do you recommend to start with trading?
Liz Trader 3k minimum
@@stevendux Thanks.
@@stevendux Is the 3k minimum for shorting and long or one or the other? great video!
nice
Hi Steven what apps you using is... that xnet
tradezeropro
Tq steven
Editor should get a pay raise 🤣🤣🤣
gap up short is the most winning % strategic
during the day I do the ABCD pattern. A the gap up, B the pull back, C the price acton gets tight, Buy into D the break of A on the chart. intra day 2 min candles.
Do you need resistance on the daily chart?
@@dajkjk6191 yeah resistance zones, tell you where the price action is most stagnant at, and if it smashed through it with good volume you can sell into that pop, just look to see if when profit takers step in volume comes right back where it broke out from to confirm a strong break out
CUTR...
Why not just trade futures?
That Gap Down Part at 8:00 Hmmmm😂😂🤣🤣
Is anyone in here in steven's Tier 3 membership?
heey Steven how are you doin..?
is there a possibillity to come in contact with each other..?
greetz Terry
Lol
Steven your ears...
Your video editor is f***ed up!
Please change the background👍
Is the background really that important lol.. How about pay attention to the information in the video.
the question is, are you ever gonna get a full time job 9-5 ? lol
I have no idea what he just said lol
Your English is getting better please record your video again. Thanks
The video itself is really informative, however those little reaction fillers, like those ducks got to go.. Its distractive and could make the viewer lose focus..
Hi steven in twitter got many of your accounts, got 1 account name stevendu_1994 is that you? cuz the account is so new i worry is scammer
the one have 30k followers is mine. all others are fake accounts
First
wow editor's jokes/memes are lame. you need to hire someone funnier
Don't put those small funny clips in the video which are not even funny, they are very distracting, when I watch video I loose all the attention for few seconds because of those clips and it takes some time to gain interest in the video.
Awesome video