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
Interessante il tuo video vorrei provare a mettere in pratica con WaveDancer, Inc., (NASDAQ: WAVD) ha annunciato oggi di aver ottenuto un contratto triennale da un grande integratore di sistemi per fornire supporto alla modernizzazione di un importante programma finanziario per una grande azienda statunitense. Cliente governativo (USG). La società prevede ricavi totali di 4 milioni di dollari nel corso del periodo di esecuzione del contratto.
WITH NO DOCUMENTATION TO SUPPORT HIS CLAIMS HIS STATEMENTS ARE FALSE. For example, $1 Million In Ordinary Income, if you're single and earn $1 million in taxable income, you'll fall into the highest tax bracket, which is currently 37%. This means that you'll pay 37% in federal income taxes on the portion of your income that exceeds the threshold for the highest tax bracket. Not counting State taxation. Implausible statement to Turned $3K into $1.67Million in 2 Years. Taxes alone take almost half.
WAVD I don't think it can lose forever, sooner or later it will return to adequate figures, if today it reverses course well it will return above the dollar in a flash @@jarnix2
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.
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!
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!
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.
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 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
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.
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
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
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
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.
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
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.
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!
*Wow, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*
She is an exceptional financial analyst, her services are reliable and transparent and apart from myself, I have never seen any of her customers complaining about loosing their money.
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.
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 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.
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.
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
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
Back testing is the thing! Will be reviewing this one again (as well as the gap up/down video) to work out another set of back testing formulas. Currently trying to get into Schwab after TDA move. Thanks for these videos and constant information. Donate for a Dream
Back testing can show you a lot of false information since market conditions are foward looking. You have to take it with a grain of salt and understand the conditions in which the market was in during the test. People have figured out how to make insane paper gains in back testing but as soon as they implement it for real it falls apart really quickly.
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
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?
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
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?'
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.
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'??
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?
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.
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
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
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.
Shorting parabolic moves sounds like the stupidest possible thing a trader, especially inexperienced, could do. What happens when you run into a Gamestop? You will run out of money before the market does.
Exaclty the same setup I am developing (systematic parabolic reversals). I have way less experience, so it is still a work in progress, am profitable though since april (barely).
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
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
How to improve your trade executions
Interessante il tuo video vorrei provare a mettere in pratica con WaveDancer, Inc., (NASDAQ: WAVD) ha annunciato oggi di aver ottenuto un contratto triennale da un grande integratore di sistemi per fornire supporto alla modernizzazione di un importante programma finanziario per una grande azienda statunitense. Cliente governativo (USG). La società prevede ricavi totali di 4 milioni di dollari nel corso del periodo di esecuzione del contratto.
WITH NO DOCUMENTATION TO SUPPORT HIS CLAIMS HIS STATEMENTS ARE FALSE.
For example, $1 Million In Ordinary Income, if you're single and earn $1 million in taxable income, you'll fall into the highest tax bracket, which is currently 37%. This means that you'll pay 37% in federal income taxes on the portion of your income that exceeds the threshold for the highest tax bracket. Not counting State taxation. Implausible statement to Turned $3K into $1.67Million in 2 Years. Taxes alone take almost half.
You're the only one believing her
WAVD I don't think it can lose forever, sooner or later it will return to adequate figures, if today it reverses course well it will return above the dollar in a flash
@@jarnix2
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
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.
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.
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 :)
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
"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.
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.
hard to truly gauge the consistency. alot of people made money since 2020 huge swings in the market. time will tell. great videos!!
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
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.
He seems so calm and relaxed. You can tell he was born to make bets and trade 😅
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
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.
been away for a while. Nice to come back to some new content. Awesome podcast! Very good job.
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.
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.
These interviews are awesome, thank you for bringing them.
Good questions & concise answers! Best interview I’ve seen Kris do
🙌
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
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
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
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.
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.
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
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
I don't believe this guy sick of these stories without P n L to back it up
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?
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.
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 educational video from pros! Thx!
Glad you enjoyed it!
Thank you Beautiful Shay and all that you do. I know have a new target in the next 2 years.
You are so welcome
*Wow, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*
The thing about being successful is working towards it smartly and not just talking about it
I've been trying to trade but I keep making losses and it's frustrating
I have been seeing so many recommendations about VICTORIA K
WALTER, she must be really good
who is this Victoria Walter
Anyone ??
She is an exceptional financial analyst,
her services are reliable and transparent and apart from myself, I have never seen any of her customers complaining about loosing their money.
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.
Great interview!
Its interesting that he was unprofitable until the "Covid run", it makes you wonder how sustainable his strategy is.
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
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.
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 ;-)
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
Learn a lot from this episodes
Thank you for a great show👋
Thank you both for the insides.
Our pleasure!
These videos of yours are so nice to watch. I really enjoy them ❤
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.
Really really love The HT podcast. Thank you 🎉
More exciting podcasts in October!
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
Thanks, Great interview.
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
I love all these interviews of the pro-traders. helps so much!
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.
Back testing is the thing! Will be reviewing this one again (as well as the gap up/down video) to work out another set of back testing formulas. Currently trying to get into Schwab after TDA move. Thanks for these videos and constant information.
Donate for a Dream
Back testing can show you a lot of false information since market conditions are foward looking. You have to take it with a grain of salt and understand the conditions in which the market was in during the test. People have figured out how to make insane paper gains in back testing but as soon as they implement it for real it falls apart really quickly.
Thanks very much Madame for all the interesting ITW 🙏🏻
I wish you only good things ✨✨
Haha starting line.. 'i read on twitter your successful' 😂.. Love the journalism! We trust in twitter 🎉
great show thank you Shay
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
You are the only person i can actully understsnd chinese when ur speaking english
She is Canadian.
awesome interview
Unfortunately its $103.000 to 1.6 million not $3k
That makes a lot more sense!
Very good interview/discussion
Thanks for listening!
Thanks Shay, your an inspiration ❤
I like the soundtrack. It’s like an 80’s action movie or something
Wow this is one of the million traders who succeed reach 1M from less then 10k!
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
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
This is motivating. Thank you for sharing this amount of information
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
Good to see Kelly criterion been mentioned in this interview
Needed to hear this ty
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
7620
Whats
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.
Many Thanks to you both😊
After watch his experience losing on trading mine is nothing I thought I'm the only one 😅😅😅thanks for the video I wish I will be successful trader ❤❤
Kelly criterion - good lad!
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
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.
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'??
Loved this video
Great video
start back testing my strategy is the key and tune it for the best results thanks the hole team love U shay
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.
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.
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
Great video with a lot of insight, thank you both
🙌
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
Outstanding!
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
Very helpful video! Thanks for posting. Please stop saying "smash" the like button.
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.
Impressive…and almost believable.
Great one
How can we iNVEST?
Shorting parabolic moves sounds like the stupidest possible thing a trader, especially inexperienced, could do. What happens when you run into a Gamestop? You will run out of money before the market does.
that’s why you have a stop
Wow this is extremely impressive.
The cannabis etf, MSOS is trading like clockwork for the last month--up until midday and then back down again
Thanks for sharing
Thanks for watching!
Genial video, totalmente de acuerdo 🕺🏻
man is super advanced
^
^
Exaclty the same setup I am developing (systematic parabolic reversals). I have way less experience, so it is still a work in progress, am profitable though since april (barely).
💪
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 stuff. Thank you.
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 noticed how they would hold back info even those who sells courses 😂 learning on your own way to go!
yeah they talk for hours and always say very general stuff
Key takeaway is people that have the money already make better traders. Wish we could have more interviews with real-world subjects.