What you can learn from this Humbled Traders Podcast: - How to create a profitable trading system? - How to become more consistent? - How to improve your trade executions? - Kris’ opinion on automated trading - And how to overcome a losing streak. Comment your questions down below! Trade with me: bit.ly/yt20230928
Its not systematic trading that gives you success, Its the discipline to stick to that system. I have hardest time staying consistent. Once I overcome I know the growth is unstoppable, its been about 4 years of expensive path for me but I haven't stopped.
You are absolutely right. Success comes from disciplined execution of a system, not just having a system. Sticking to the system can be the most challenging part, but once that obstacle is overcome, the growth is unstoppable. I understand it's a long and expensive road, but your determination to not give up is admirable. Keep up the persistence and discipline and I'm sure you'll reap more success. I wish you all the best!
These Trader Interviews are wonderful. I listen and take notes during each interview. There are some themes that run consistent: Back testing, trading a limited number of strategies, and setting HARD stop losses. No hopium!
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to over $750k.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne’” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Right now, my biggest obstacle is to not let my emotions control me and my second biggest is to not force trades. I’m seeing improvements everywhere else. The secret is to keep going and never give up. Be aware of your weaknesses and turn them into strengths. It’s possible but only if you don’t quit.
listen mate...in 12 months i became from zero knowledge to profitable...the secret is patience and discipline...the moment i realised i had to cut loses, my game changed.
I put an order in with about a 70% profit gain. That is 70% of the previous move. Sometimes it will keep going and going, but if I have a buy at 2.20 and sell at 2.35. But it goes to 2.40 or 2.50 Well. I still made money. Every situation is different. Sometimes it’s moving really fast or not.
As a gamer I don't think we trade better, but we can probably execute manual trades faster due to our long experience of eye hand coordination and we might also be better at spotting patterns.
I loved this podcast! I recognize myself in him, gamer and pragmatic ; and probably always will be a systematic trader. I find price action, supports / resistances way too subjective and imprecise. Did many excel backtests with combinations of indicators, and precise rules of entry, exit, stop losses, but I lack discipline and work to validate strategies (or a least one). Each strategy can be improved over time.
This kind of inspired me to go into my systematic trading 100%. I had a bit of a drawdown but i know my system works over time, and i shouldn't be scared of deploying all of my trading capital here.
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
YEP but again people who produce content and sell courses are only worried about the money now IMO.... their students success often seems a secondary consideration IMO.
Before I have ever became a profitable trader... I used to flip items on Runescape Grand Exchange and World of Warcraft Auction house. I actually used to sell the gold for real money, this was my first ever trading experience.
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
I think they key takeaway is the necessity of conviction cuz I think a trade with conviction is one without emotional bias, especially if is rooted in statistical and/or empirical data.
I think it would be good if you include the name of the interviewee in the comment section or in the title or at least somewhere. Maybe also a link to his website or whatever. I think i would be more interested to listen to someone if i know what they are doing or what are their edges.
And how are his strats working for him this year. We had 3 years of unprecedented marketed conditions. The thing with systematic trading is it works until it doesn't and when it doesn't it has big draw-downs if your risk management is not 100% on point. It is extremely easy to fall into the trap that thinking if something is working it will continue to work.
The guy is crazy, I remember when I used to trade back in 2021 there was a phrase "Verma'd". It used to stand for somebody that blows up really bad. Came from one of his losses of over a million. To be fair, I don't know what kind of mental strength should you have to keep on going after such a thing. So, man, you've got my respect.
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
Awesome job Shay asking all the right questions. Will you start adopting some of Kris’s strategies being more systematic over discretionary, love that he doesn’t need to prep for the day, and sleep in. What will you change if anything? Sizing on vol., stop loss on wider range, only shorting, no longs? I like both of your thought process and approach when comes to trading. I am trying to reduce my market tuition cost, learning as much as I can before starting trading. Thx
Very inspirational video H.T. Kris now seasoned pro gave concise detailed information on his trading methods and even a few bad bumps along the way. Big Thumbs UP ! Thank You
This is a great video - but it would be great if you could do a video talking about how to trade an extensive bear market such as now when most stocks are falling…
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
I'm a bit skeptical. @0:44 Looks like a streak of one year stalled for the next 9 months, and then the chart stops (despite there being about two years of data between that chart and this podcast's publication), which also makes me question the start date as well. Is this pure unadulterated 'phantom back-testing' or real-time trading? Also, maybe 'the system' worked under a unique set of market conditions (which just happened to coincide with the COVID crash, and a HUGE market run-up). But the real question is 'does it work now?'
Im not a hater, but is there anyway to confirm these claims? There are alot of peeps out there that make wild claims but do not back it up liek you do Shay.
This was a bit depressing. I am getting back into trading and you have been my go to and then I hear this and the strategy is 80% successful. Now what do I do? After spending so much time following and studying your methods I feel lost.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence she helped a lot to grow my reserve notwithstanding inflation, from $275k to approx $850k
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
I'm getting out of the market with my long term holdings. I think now only swing trading or day trading is safe. Learn the concepts around mean reversion.
You need to diversify! And look for companies that have great free cash flow!!! Cash flow is king!! This builds the long term value of the stock!! Best of luck!
My biggest keys takeaways are 1. Scare money don’t make money 2. He doesn’t trade everyday he waits for his best setups. 3. Once he sees his best setups that’s when he presses on the gaz.
His system does work. I've never seen it , but after trading top gainers for years or parabolic stock, I understand the variables he won't discuss, which im aware of. There are times to go bullish on parabolic stocks, like when there is several 100 percent runners on the day. And time to go short and switchgear, volume inflow rate is important , bit so are other factors like low float, short intrest history borrow rate avg volume. I dont prepare either, injust scalpe the hell of top gainers within volitility range . Also, scaling and watching out for manipulation play like Chinese or Isreal stocks . All I can say is , I'm at profit slowly daily over time when top gainers allow it and switch to large tech swing trades when needed. HKD was a manipulated play, Tpst was legit and became a printing machine after it fell 40 percent now it's sfd or Safe green. I love this game ..I use to play overwatch as a Top 200 and a grandmaster
Regarding Kelly Criterion: Since everyone has an account of a certain size, and there are data that show the probable outcomes of a certain strategy, how DO people decide how much money to place on a given trade? In other words: how does someone even make their very first informed trade WITHOUT such a bet-sizing strategy? What do they do just 'wing it'??
Great interview. I think gaming makes pattern recognition and identifying repetitive sequences second nature, which is awesome for systematic trading. For example, in TOS, when trading the the ES mini using the DMI Oscillator, set the length to 4 and use the average type Wilders. Observe price action when the OSC crosses the zeroline. If you want to trade a little more conservative, change the length to 10.
Thanks for the content. You guys didn't talk about the cost of borrowing . Those expenses could eat up all the profits if he holds positions overnight. Any chance to add this information?
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
I have just one simple question. Why someone would give away his winning strategy? Doesn't mean that he will lose his edge if a lot of traders would start using the same strategy?
Thank you for this video. For a year now I have been trying this one strategy... I started from 200 eur and now at 3700eur. I add some cash every month, but overall manage to pull 1% gain per week on the total balance. I know that if I am 1.5% per week i can get to the 100 k in 2 years. I thought i was crazy for thinking this but after this video i feel reinspired. I do strugle with the stress when i am aiming to each 1.5% and more. It is awesome to hear you guys talk about how u set up the trades. My question is.... Do you focus on amount of money u get per trade or is your brain recalculating it to percent of the trade?... I am somewhat stuck in how much per trade i should get so i end up having many small ones as i scale up my account. Somehow cannot get rid of this thinking... Lets say i had 10 shares and knew i need 10 eur win.... When i would scale up to 20 shares.... My brain paniced when seeing 10 eur and was closing it. So i end up having 2x 10 shares for better results... Would be cool to hear from experts
To me the only true systematic trades are the ones executed by computer algorithms. If you can't defined your strategy in terms of programmable rules then its essentially discretionary. What he is describing here is a mean reversion strategy. From 18:35 main criteria is short if price goes up by >=+30%, Is that cumulative over a certain period or +30% in one time frame? bet size using kelly critereon, trailing stop etc However, from about 19:11 - 20:08 he starts talking about some aspects of the system that sounds discretionary. This is then a semi automatic system. He turned £3k to $1.3m. But imho if you try to copy him you probably will lose money.
100%..she didn't even know that he lost 100k before interviewing him...what else don't we know...he's a flashy story for making some quick money for both parties.
Thanks for the great content Humbled Trader!! Love your podcast and your personality. Question for you and others who read these comments. When you daytrade the same stock multiple times per day or within 30 days, how do you avoid disallowed losses from the wash sale rule? Thanks for any feedback, everyone.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence she helped a lot to grow my reserve notwithstanding inflation, from $275k to approx $850k
dec 13th , the stock shot right up for hours into the next morning. I know someone who got very emotional and lost quite a bit hoping it would come back down. do you know what happened ? oddly from 8pm at night it just went right up!
The erosion of my financial reserves due to inflation adds to my concerns. At this point, I'm still at a crossroad regarding whether or not to liquidate my $138k stock portfolio. What’s the best way to take advantage of this current market?
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
Have you heard of "Monica Amanda McClure? She gets featured regularly on CNBC. Everyone in my office works with her including myself. I personally use tax-deferred accounts to hold my investments. That way I avoid capital gains taxes. There are other options your advisor could brief you about.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Charles Schwab just merged with tdAmeritrade, and they have the best education videos and most sophisticated trading platforms for free online trading!
For me my biggest challenge is my mind. My mother is a psychologist, so it has helped a lot, since i have always worked on becoming more in harmony. I'm also very spiritual.
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
What you can learn from this Humbled Traders Podcast:
- How to create a profitable trading system?
- How to become more consistent?
- How to improve your trade executions?
- Kris’ opinion on automated trading
- And how to overcome a losing streak.
Comment your questions down below!
Trade with me: bit.ly/yt20230928
2:30 Market tuition
4:30 Shorting parabolic moves
13:00 Volume
34:10 Pharmacist
36:40 Profitable in 2019
Yes, that's right.
A question: Can you recommend a good AI for trading?
The top AI trading tool is named
aicollegema
I located it via
Its not systematic trading that gives you success, Its the discipline to stick to that system. I have hardest time staying consistent. Once I overcome I know the growth is unstoppable, its been about 4 years of expensive path for me but I haven't stopped.
So I mean not giving up get you here. Discipline just just part of trading, but not giving up is more important
For sure!
You are absolutely right. Success comes from disciplined execution of a system, not just having a system. Sticking to the system can be the most challenging part, but once that obstacle is overcome, the growth is unstoppable. I understand it's a long and expensive road, but your determination to not give up is admirable. Keep up the persistence and discipline and I'm sure you'll reap more success. I wish you all the best!
So you are losing still money after 4 years?
Success is very near :)
These Trader Interviews are wonderful. I listen and take notes during each interview. There are some themes that run consistent: Back testing, trading a limited number of strategies, and setting HARD stop losses. No hopium!
Embark on your trading journey with the finest AI course for beginners.
Follow the @
be my gf please
Yes and trading overextended market. Not all this BS with fibonacci and smart money trading.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to over $750k.
who do you use?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne’” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
How can I make good profit as a beginner starting with $6,000 ~iq7
As a beginner, it's essential for you to have a guardian to keep you accountable. I'm guided by Amanda Katherine Nakitare
Don't rush in rather seek expertise like Amanda Katherine. Growing a port-folio is complex
I racked up so much losses trying it on my own. Amanda really saved me from myself
Finding someone truly skillful is hard. I'm happy to see that a lot of people found Amanda
Same here. Amanda managing myportfolio was my best decision. Gotten more than half a million since
Right now, my biggest obstacle is to not let my emotions control me and my second biggest is to not force trades. I’m seeing improvements everywhere else. The secret is to keep going and never give up. Be aware of your weaknesses and turn them into strengths. It’s possible but only if you don’t quit.
listen mate...in 12 months i became from zero knowledge to profitable...the secret is patience and discipline...the moment i realised i had to cut loses, my game changed.
He seems so calm and relaxed. You can tell he was born to make bets and trade 😅
"Scared money doesn't make money" that's hits me❤
I’m the best virtual portfolio trader. 😂 With real money, completely different story. 😂
Link :)
Embark on your trading journey with the finest AI course for beginners.
Follow the @
I put an order in with about a 70% profit gain. That is 70% of the previous move. Sometimes it will keep going and going, but if I have a buy at 2.20 and sell at 2.35. But it goes to 2.40 or 2.50 Well. I still made money.
Every situation is different. Sometimes it’s moving really fast or not.
As a gamer I don't think we trade better, but we can probably execute manual trades faster due to our long experience of eye hand coordination and we might also be better at spotting patterns.
Excellent comment. Totally agree and true in my experience
All you need to do is program your keys through key-binders. It’s not that difficult.
I loved this podcast!
I recognize myself in him, gamer and pragmatic ; and probably always will be a systematic trader.
I find price action, supports / resistances way too subjective and imprecise.
Did many excel backtests with combinations of indicators, and precise rules of entry, exit, stop losses, but I lack discipline and work to validate strategies (or a least one). Each strategy can be improved over time.
This kind of inspired me to go into my systematic trading 100%. I had a bit of a drawdown but i know my system works over time, and i shouldn't be scared of deploying all of my trading capital here.
I believe in the Humbled Trader. She is honest, factual and makes great lesson videos. I wish her heaven on earth.
Cheers thanks for watching
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
337
915
7620 USA
He said “We” a lot. He didn’t mention his team a lot but I can tell he has one.
People generally use "we" when they want to stay humble, he probably trade alone or share his ideas with others.
hard to truly gauge the consistency. alot of people made money since 2020 huge swings in the market. time will tell. great videos!!
YEP but again people who produce content and sell courses are only worried about the money now IMO.... their students success often seems a secondary consideration IMO.
Before I have ever became a profitable trader... I used to flip items on Runescape Grand Exchange and World of Warcraft Auction house. I actually used to sell the gold for real money, this was my first ever trading experience.
Love these episodes. Please continue!
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
this is going to hit 1M+ views for sure!
Cheers thanks for watching
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
Good questions & concise answers! Best interview I’ve seen Kris do
I think they key takeaway is the necessity of conviction cuz I think a trade with conviction is one without emotional bias, especially if is rooted in statistical and/or empirical data.
How can I make good profit as a beginner starting with $4,000
As a beginner, it's essential for you to have a guardian to keep you accountable. I'm guided by Ethan Adams Freinburg
almost gave up due to constant losses but Ethan turned my luck around
Ethan is talked about here! Started with a small amount and I got over 200% in 1 month
Same here. Ethan managing my portfolio was my best decision. I have withdrawn half a mil since
Meeting Ethan Adams Freinburg changed my life. I could barely pay my rent now I own two houses
been away for a while. Nice to come back to some new content. Awesome podcast! Very good job.
Its interesting that he was unprofitable until the "Covid run", it makes you wonder how sustainable his strategy is.
I think it would be good if you include the name of the interviewee in the comment section or in the title or at least somewhere. Maybe also a link to his website or whatever. I think i would be more interested to listen to someone if i know what they are doing or what are their edges.
And how are his strats working for him this year. We had 3 years of unprecedented marketed conditions. The thing with systematic trading is it works until it doesn't and when it doesn't it has big draw-downs if your risk management is not 100% on point. It is extremely easy to fall into the trap that thinking if something is working it will continue to work.
Good comment lol
Especially if he lets the stock run up to 20-30% against him.
Still working very well just less tickers per day instead of 10-30 it's 2-10
The guy is crazy, I remember when I used to trade back in 2021 there was a phrase "Verma'd". It used to stand for somebody that blows up really bad. Came from one of his losses of over a million. To be fair, I don't know what kind of mental strength should you have to keep on going after such a thing. So, man, you've got my respect.
There's no reason to doubt, but do you ever check the credentials and accounts of your guests?
yes we do in depth research and prep work. also i've followed Kris for a long time as well
I've noticed that the best traders have a very calm and relaxed voice and demeanor. Coincidence? Perhaps not. 💰
right. im going to enroll in voice lessons this week to become successful
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
man is super advanced
^
^
Awesome job Shay asking all the right questions. Will you start adopting some of Kris’s strategies being more systematic over discretionary, love that he doesn’t need to prep for the day, and sleep in. What will you change if anything? Sizing on vol., stop loss on wider range, only shorting, no longs? I like both of your thought process and approach when comes to trading. I am trying to reduce my market tuition cost, learning as much as I can before starting trading. Thx
Just theoretical knowledge won't reduce your tuition costs. Trading actually teaches you the real taste of markets where your emotions are involved.
I don't believe this guy sick of these stories without P n L to back it up
what is the name of the creatria
Very inspirational video H.T. Kris now seasoned pro gave concise detailed information on his trading methods and even a few bad bumps along the way. Big Thumbs UP ! Thank You
She's more as nik
Wouldn't call him a seasoned pro at all.
@@corail53 nikolas
How can we iNVEST?
This is a great video - but it would be great if you could do a video talking about how to trade an extensive bear market such as now when most stocks are falling…
🎉🎉🎉 all thanks nik
These interviews are awesome, thank you for bringing them.
Ijust thinking can i use the same strategy to or big cap stocks and change some critiria 🤔
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
What’s
I'm a bit skeptical.
@0:44
Looks like a streak of one year stalled for the next 9 months, and then the chart stops (despite there being about two years of data between that chart and this podcast's publication), which also makes me question the start date as well.
Is this pure unadulterated 'phantom back-testing' or real-time trading?
Also, maybe 'the system' worked under a unique set of market conditions (which just happened to coincide with the COVID crash, and a HUGE market run-up). But the real question is 'does it work now?'
Ofc it doesn't work
every strategy works but only under the specific market conditions that work with your said strategy.
Im not a hater, but is there anyway to confirm these claims? There are alot of peeps out there that make wild claims but do not back it up liek you do Shay.
Keep an 👀 on him and discovert it your self
Important question. Should have been addressed.
I’m not rich, but would considered myself profitable trading part time mostly swing trading.
What time frame better you used?
Hi shay,i was just wondering if u cud show a step by step aton how to backtest on mobile webull app convenience for sure ,i really love ur vids ,❤
This was a bit depressing. I am getting back into trading and you have been my go to and then I hear this and the strategy is 80% successful. Now what do I do? After spending so much time following and studying your methods I feel lost.
There isn't any one way to trade. Find the best one for you!
See my post.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence she helped a lot to grow my reserve notwithstanding inflation, from $275k to approx $850k
Learn a lot from this episodes
Yeah but kinda weird they show screenshots of trading platforms but then when they show cumulative PL it looks like a homemade powerpoint slide.
Thank you Beautiful Shay and all that you do. I know have a new target in the next 2 years.
You are so welcome
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
I'm getting out of the market with my long term holdings. I think now only swing trading or day trading is safe. Learn the concepts around mean reversion.
Dont buy now market is overvalued, use your time to pick only best of best companies and hold for years.
You need to diversify! And look for companies that have great free cash flow!!!
Cash flow is king!!
This builds the long term value of the stock!!
Best of luck!
great show thank you Shay
Great educational video from pros! Thx!
Glad you enjoyed it!
Great interview!
My biggest keys takeaways are
1. Scare money don’t make money
2. He doesn’t trade everyday he waits for his best setups.
3. Once he sees his best setups that’s when he presses on the gaz.
Wow this is one of the million traders who succeed reach 1M from less then 10k!
What platform does he use
Well, that was a very interesting video. Thanks for doing it. My biggest problem is setting the stop too tight. I am working on being braver ;-)
are stocks better than futures ?
His system does work. I've never seen it , but after trading top gainers for years or parabolic stock, I understand the variables he won't discuss, which im aware of. There are times to go bullish on parabolic stocks, like when there is several 100 percent runners on the day. And time to go short and switchgear, volume inflow rate is important , bit so are other factors like low float, short intrest history borrow rate avg volume. I dont prepare either, injust scalpe the hell of top gainers within volitility range . Also, scaling and watching out for manipulation play like Chinese or Isreal stocks . All I can say is , I'm at profit slowly daily over time when top gainers allow it and switch to large tech swing trades when needed. HKD was a manipulated play, Tpst was legit and became a printing machine after it fell 40 percent now it's sfd or Safe green. I love this game ..I use to play overwatch as a Top 200 and a grandmaster
Regarding Kelly Criterion: Since everyone has an account of a certain size, and there are data that show the probable outcomes of a certain strategy, how DO people decide how much money to place on a given trade? In other words: how does someone even make their very first informed trade WITHOUT such a bet-sizing strategy? What do they do just 'wing it'??
Thank you for a great show👋
Great interview. I think gaming makes pattern recognition and identifying repetitive sequences second nature, which is awesome for systematic trading. For example, in TOS, when trading the the ES mini using the DMI Oscillator, set the length to 4 and use the average type Wilders. Observe price action when the OSC crosses the zeroline. If you want to trade a little more conservative, change the length to 10.
You are the only person i can actully understsnd chinese when ur speaking english
She is Canadian.
I made $5 from a $1 scratch off...WINNING
congrats lol
Now repeat that over a series of scratch offs.
I got two numbers and the powerball number once! 3 little ping pong balls away from $1 billion. They gave me 8$.
@@russellschaeffler I almost got lucky when I got all the numbers but not in the sequence that they were drawn 😭so I throw it away
How can I become a system trader ?
Thanks for the content. You guys didn't talk about the cost of borrowing . Those expenses could eat up all the profits if he holds positions overnight. Any chance to add this information?
If you look at his broker statements on his website, it says he never held a postion overnight. Closed his trades everyday.
Thank you both for the insides.
Our pleasure!
Many Thanks to you both😊
Good to see Kelly criterion been mentioned in this interview
Damn I really like this guys approach, great interview
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
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Whats
I like the soundtrack. It’s like an 80’s action movie or something
Day trader who turned $3k into $0 in one week standing in the way of parabolic moves: 99% of traders who started with only $3k.
Thanks, Great interview.
Really really love The HT podcast. Thank you 🎉
I love all these interviews of the pro-traders. helps so much!
I have just one simple question. Why someone would give away his winning strategy? Doesn't mean that he will lose his edge if a lot of traders would start using the same strategy?
He really didn’t discover much.. Devil is in details.. and even if he would teach you his strategy your most entries would differ.. at least in timing
no strategy or system can secure a 100%. loss is inevitable at all
@@vladislaviy 100% agree with you
Ok, i get the point. Thank you guys
I agree with you@@ardeleanrazvan6270
That was awesome Shay ! As I've said: I don't trade stocks only futures but I enjoyed this. NEVER STOP LEARNING !
Ya never stop learning as you keep on living
Why only futures?
Needed to hear this ty
Thank you for this video. For a year now I have been trying this one strategy... I started from 200 eur and now at 3700eur. I add some cash every month, but overall manage to pull 1% gain per week on the total balance. I know that if I am 1.5% per week i can get to the 100 k in 2 years. I thought i was crazy for thinking this but after this video i feel reinspired. I do strugle with the stress when i am aiming to each 1.5% and more. It is awesome to hear you guys talk about how u set up the trades. My question is.... Do you focus on amount of money u get per trade or is your brain recalculating it to percent of the trade?... I am somewhat stuck in how much per trade i should get so i end up having many small ones as i scale up my account. Somehow cannot get rid of this thinking... Lets say i had 10 shares and knew i need 10 eur win.... When i would scale up to 20 shares.... My brain paniced when seeing 10 eur and was closing it. So i end up having 2x 10 shares for better results... Would be cool to hear from experts
To me the only true systematic trades are the ones executed by computer algorithms. If you can't defined your strategy in terms of programmable rules then its essentially discretionary. What he is describing here is a mean reversion strategy. From
18:35 main criteria is short if price goes up by >=+30%, Is that cumulative over a certain period or +30% in one time frame?
bet size using kelly critereon, trailing stop etc However, from about 19:11 - 20:08 he starts talking about some aspects of the system that sounds discretionary. This is then a semi automatic system. He turned £3k to $1.3m. But imho if you try to copy him you probably will lose money.
Thanks Shay, your an inspiration ❤
THE ONLY PEOPLE WHO GET RICHER WITH THESE POSTS ARE THIS KRIS GUY & THIS SHAY WOMAN, NOT FROM TRADING - BUT FROM SELLING MEMBERSHIPS.
100%..she didn't even know that he lost 100k before interviewing him...what else don't we know...he's a flashy story for making some quick money for both parties.
SCARED MONEY DONT MAKE NO MONEY 🙌
Haha starting line.. 'i read on twitter your successful' 😂.. Love the journalism! We trust in twitter 🎉
These videos of yours are so nice to watch. I really enjoy them ❤
Thanks for the great content Humbled Trader!! Love your podcast and your personality. Question for you and others who read these comments. When you daytrade the same stock multiple times per day or within 30 days, how do you avoid disallowed losses from the wash sale rule? Thanks for any feedback, everyone.
Impressive…and almost believable.
What software does he use for the scanner he built?
@_Humbletrader_ can you ask him if it is python?.. pleeaasssse?.....
There are many methods out there that make money. The question is always, can you execute and remove 'you' from the equation?
Is Krus Karma canadian? I wish to know what broker he uses.
Tradezero or cobra
.which platform is the best to trade globally???
Tradezero international
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence she helped a lot to grow my reserve notwithstanding inflation, from $275k to approx $850k
could you plz advise me how can i learn day treading?
practice on demo first although it is not so useful its sure help u understand the trading as a newbie
dec 13th , the stock shot right up for hours into the next morning. I know someone who got very emotional and lost quite a bit hoping it would come back down. do you know what happened ? oddly from 8pm at night it just went right up!
The erosion of my financial reserves due to inflation adds to my concerns. At this point, I'm still at a crossroad regarding whether or not to liquidate my $138k stock portfolio. What’s the best way to take advantage of this current market?
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@@Bobhenry-c7z Thanks for this amazing tips, I found her webpage and booked a call session with her, she seems proficient.
Have you heard of "Monica Amanda McClure? She gets featured regularly on CNBC. Everyone in my office works with her including myself. I personally use tax-deferred accounts to hold my investments. That way I avoid capital gains taxes. There are other options your advisor could brief you about.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Would be great if you shared which trading platform/ exchange they recommend using, as most of them brokers are scammers 😮
Charles Schwab just merged with tdAmeritrade, and they have the best education videos and most sophisticated trading platforms for free online trading!
Wow this is extremely impressive.
Can we copy trade him?
awesome interview
Very good interview/discussion
Thanks for listening!
Hey. I lost almost 200k but still I didn’t learn anything. Should I quit?
How
I turned $50k to $50 it's just top 2% gains
For me my biggest challenge is my mind. My mother is a psychologist, so it has helped a lot, since i have always worked on becoming more in harmony. I'm also very spiritual.
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
What’s
Unfortunately its $103.000 to 1.6 million not $3k
That makes a lot more sense!