Is Day Trading worth it?
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- Опубліковано 1 жов 2021
- Is day trading worth it?
(Based on my 8 years of trading experience/from a multi-millionaire)
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Penny stock millionaire, learn to trade, stocks, market, trading, day trading, day, trade, how to make money online, business, millionaire, Asian, selfmade, income, invest, investment, finviz, hot, low, float, profit StockCraft
What's more fasinating is you have learnt to speak English so much better than just a few years ago. Keep it up!
I think it’s worth it. Just have to know how to control emotions and have patience.
facts
yeah i think thats the difficult part
Bigger facts.
You cant control emotions
Thats the point of it
@@fred6o you can
You’re such a bad ass Steven and so humble about it. Thanks for answering these questions!
Yes. Its the most difficult shortcut to financial freedom but it's the best decision you'll make.
What's the easiest then, every thing worthy enough is difficult only I think
I believe I truly picked the hardest way to financial freedom 🙃
I remember when I first started, you were and are still my inspiration, I am hoping you make more videos like this
Your level of knowledge and tactics as well as your willingness to impart that to others, have helped me support my family this year. You're awesome man and I pray good things keep happening for you.
I appreciate that
Here for the consistency for sure! You seem really genuine. Subbed!
Risk management. There's always that ONE ticker that we had to learn risk management from...! Thanks for this insight Steven Dux!
Yes. For me it was TSNP and TQQQ
Hey Steven, I really enjoyed the video!
I also started to learn about trading in 2020.
Can you make a video in the future, where you talk about what us newbies can expect in the future, when the market is cooling off again?
F.e how volume in different scenarios changes & how often gap ups, bounce, breakouts, etc usually occur. Ty man
Awesome! You’re creating wealth Steven and thank you for sharing!
Steven is one of the best traders and educators out there. Been in challenge and it takes time. He teaches you discipline, set ups, and is the real deal. He’s humble and actually one of the best to learn from. Thank you for all you do!
I appreciate that!
Loved this video!....hope so much to see some similar sincere videos from you on psychology as well as you've been incredibile good at encreasing size quite fast and you also manage well draw downs without loosing self-worth or bielieve in yourself
Thank you Steven for sharing. Keep the videos coming! Shoutout from Asia too!;D
Another great one bud! Always appreciate the wisdom and especially the humility. Maybe I'm thinking for myself, but thank you for sharing your knowledge with us. It's helped me immensely achieve some form of consistency which I'm working on improving
Thank you Steven!!
I think the answer to "why sell a course" is pretty simple. You have a guaranteed source of income with no risk. Trading requires risk, there's always a chance you could have a really bad streak of luck even on a previous profitable strategy. At least with selling a course, you're set.
I hope you keep teaching, Steven. Regardless, you have a great story and a bright future. I am very interested in the scanner. Best wishes!
Aside from learning all the patterns, especially gap shorts, bounce shorts and Failed overextended gap down short squeeze (my fav long strategy) and all the little important details about them... the data and spreadsheets ive learned how to build from your courses has laid down a blueprint for all my favorite patterns. Took me a long time to tweak my database to where Im able to spot a pattern that comes up on my pre market scanner, plug the ticker into my spreadsheets into its proper Market cap / Float category and be able judge its behavior and avg spike/drop %. The ticker only goes into the spreadsheets if it fits all my criteria. Thank you for all of your lessons and knowledge.
hi, would you please tell me if Dux teaches ONLY short strategies?
@@Monas99 No he does teach long strategies as well. From experience, the best long strategies are pre market breakouts, specifically floats under 10m and market cap under 100m with good news. Dip buying multiday runners, but only if the stock is on its 3rd green day or more and has great news to give traders a reason to buy it, and my personal favorite is gap up buying. Stocks that gap up 100% or more pre market and come back down near half the gain or support and have traded LIGHT volume. Criteria is low float (lower the better) but these often dont have news and a huge pre market spike that loses half its gain before market open and has traded light volume, 1-5m pre volume.
Wow Steven, nice! Thank you for the video :)
Really Thank You Steven 💜
Exited For The Home Tour Video Of Yours 💚
Thank you Steven.
Hi Steve long time no see! Good to see you bro 🙏
Congrats on your success, Steven. Wish you all the best. Go forth and contribute more to humanity's advancement.
Thanks a lot Steven. I'm curious about trading position size in future stock(100 or 100k). will it effect the market price?
Hi Steven, I am interested in learning more about the scanner that you mentioned in the video. do you have more info about it? I didn't see the link in the description that you mentioned. thanks
Excellent my respects... Go for yours... Congrats 💯
Thank you 🙌
I love this video, Dux. I always wonder what big time traders do with the millions. Anyone can dream, imagine and say when I make X I’m going to buy X, but you’re actually there. I love the real estate goals. Keep on!!!
Thank you for being real Steven! God bless you!
Keep on doing what you do best Steven. I'm sure whatever you touch will turn into gold.
Great Motivation dude. I shifted to trading Futures and I am making a lot more money than trading stocks. Still I am not done trading stocks but I am way more consistent and profitable trading futures. Still use some of your information. Always useful.
Thank you Steven, you are an inspiring success. A great model for many.
Thanks for watching!
Like your story. Thanks for your insight Steven!
love this vid anf subed . this channel gives positive vibes dont know why
thanks for sharing! I am a newbie and very inspired!
we are proud of you steve!
Looking forward to that scanner
This is gold.. Thanks man.
make a video about the SVJ and the House, would love to see you speak about cars
thanks for sharing. don't know if i can make it in trading but watching you videos helps
I hope Steven keeps teaching. There are very few genuine teachers out there. Hope he doesnt follow the path of other great traders who keep telling good stuff but nobody listens and then they disappear from social media forever as legends. Keep giving us that hope steven, we love you.
Right ! He's a genius. Patterns sometimes also rotated if market conditions change. So you have to adopt to the current market conditions ! It's hard ! Sometimes you'll change and then the market will switch from Bullish to Bearish Sentiment !
Congrats Steve; you are living a life most of us dream of
You should consider Swing trading mid-large cap and day trade momo stocks
You are a hero! A great inspiration!
congratulations on your great journey so far
Thank you so much!
Well that was Great. Thanks so much. I blew my Account up because of emotions and went large trying to make my money back and now Paper Trading to never do that again. Pretty much lost all my savings but with that said. When I leave my emotions out of it I have had months where I didn't have a losing trade. So working on cutting small losses and letting the winners run. Seeing what you've been able to do has given me courage to make the money back over time and the good part is. I don't need millions. I just need enough to not have to worry all the time like I do now. Thanks for the Video. Appreciate it. :)
Me and you both lol
wishing you the best in your trading career bud
Then what is your trading strat?
if u dont mind me asking, how much did you blow up?
Thank you brother....
谢谢你分享你的经验！
Does your program show you more on the long side or short side??? Someone who spend a lot of money in your program said you short most of the time. Just want to know cuz i am interested
HEY STEVEN WISH YOU ARE ARE DOING WELL , I REALLY LOVE YOUR VIDEOS AND OFC YOUR MINDSET ;
I AM 16 I TRADE ON CRYPTO CUZ ITS EASY I WILL FOR SURE TRY STOCK IN FUTURE
MY QUE IS , WHAT DO YOU THINK ABOUT CRYPTO ? AND CAN I USE YOUR STRATEGES AND PATTERNS ON CRYPTO MARKET? WISH MORE SUCCESS SEE ON THE MOON ;)
Great information. Thank you.
Thanks for watching!
Sir,Do you recommend pairs trading using forex( say EUR/JPY & GBP/JPY OR AUD/USD & NZD/USD)--correlations are 90% and that gives solid staying power & sharply cuts down draw downs. Buy underpriced pair & sell overpriced pair(say using 14 period RSI on 4H charts)? And there are lots of such pairs with 90%/80% correlations--and ALSO that would sharply cut down accounts blow ups even for new traders.
Please get a Sony A6600 / Sigma 16 1.4f with real time eye AF---the best for under $1,800
Damn didn’t know you were on REVENTON tooo
🤟🤟🤟🤟🤟🤟
can you tak about your students and there success? I want to become a day trader but I dont feel it would be smart to jump on your mentorship without really knowing what im doing. thoughts?
When you start managing others money, even though you make multiple figures you tend to become more conservative and don't take the risks you'd normally take with your own money, most of the time you feel scared, I met a person who was managing over 10-15 million but after 2 years he gave it up, now he does it with his own money which is also around 3-4 million, but now he has much less stress, more fun back into the market, great point Steven 👌🏻
There will also be cases where the opposite is true for one reason or another
Amazing video
Steven do you live trade, would be good to follow you
One of the best to ever do it. 🔥
A helpful and informative video. I will one day imitate your trading skills and trade like you ❤ Good luck in your future trades and God Bless
Thank you! You too!
What tax do you pay on day trading & do you look at how much short interest is a stock stock before you.
I am not a CPA.
Day trading gains are taxed as business income. Day trading means, It's your full time job and/or lots of short term trades there's two other things they look at as well but they escape me at the moment...
More taxes but can write off business expenses.
Longer term trades will count as capital gains.
Less tax but no writing off expenses.
Jiayou STEVEN - Shoutout from ASIA
Do you teach from abc on your course??
I'm going to do it 🤟👍
I like how simple this video is without any fancy editing or attention grabbing tactics. It makes it seem like I'm actually hearing your story rather than listening to a polished pitch to join a course. I appreciate this video.
I appreciate that!
How do I buy the courses. You look genuine
Hi Steven on the video near the end of your video at 13:15 minute section you said you will build a real estate portfolio with 200-300 million and make 500,000 a month ? is that what you said ? can you say it again please ? thank you
BIG DUX
What is your opnion if I made alot in the begining feel like I have a profitable technique saved a few dollars and know I'm ready full force to go in day trafing stocks and options I have been comfortable trading account before like 10k plus and now feel ready to play it big times is margin and stuff like that worth it if I feel in my heart the possibility of growth and possibility of making great money is their to get a good about and maybe be a buissness owner eve. not off much are the risk worth all your capitol if your confident it's all risk reward or what's your idea on this do I play my money ass 1k vs like 30k or plus is it the same stradegys.
Which is the link to the software scanner for his patterns btw?
steve, you dont need to justify why you want to sell courses. Extra passive income as an answer is totally fine too, if anybody was in your shoes they would be doing the same. If you are good at something why work it for free.
**DUXXXXXXX**. GOAT 🐐🐐🐐. I've learned and still learning so much from ***GOAT DUX***
When can we expect the scanner?
Hey Steven , Do you read books? and if yes, some of your Book Recommendations. thank you
"Trading in the zone". Good for you mind.
@@traderfund2404 true highly recommend
Hey Steven, loved the video. I wanted to join your freedom challenge but ITS 7500!!! PLEASE LOWER TO 5K AT LEAST HOLY MOLY
WHAT DO YOU THINK ABOUT WASH SALES
well done
Hey Steven, when you were risking $100 a trade, when did you start increasing it? and what made you start increasing it?
watch his videos and sreach about him on youtube there are some videoes about his trading life story
cummulative every trade
Wow, the building a program to make trades for you to make money is genius! Must be hard you gotta be a genius!
Swing Trading works too
Make sure you buy Lucid Air and be done with it when you’re ready.
Hi Steven on the passive income section you said you want to generate 500000 passive income with 2-3 million ? it is not clear can you say it again please ? thank you
Please we want to see you starting a 500 usd challenge
Respect
I hope you the best sir, you've definitely helped me a lot in my trading :)
What percentage of your total income goes to taxes?
Amen
Steven, what is your goal in day trading? Is it financial? Do you want to make x in x years? What will make you happy?
You are truly successful when you start projecting your future in terms of helping humanity. Just a thought, bro
Can you please tell us which brokers do you have account with? I cannot find a broker who lends PennyStocks.
Thanks for tuning in!
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I do options and I keep blowing my accounts..I've lost almost 10k to options trades, yet I can't stop..it fucking sucks
Anyone else try quant etc? I tried those and c++ code so now making strategies with pluto hq as it is a lot more easier for me and quicker to see automations at work.
How do u day trade as international student
Cobra w/ 427. You’ve gotta try that.
You are very sensible except for the cars. Just get a Tesla Plaid until the Roadster comes out! Then you're done😸
Great goals and achievements ! I’ll be happy with 30% returns a year lol
How can I trade from El Salvador?
Worth it if you control emotions and manage risk.
You can be batman, or a really insightful investor Im sure, but Batman, your choice bruce
Swing trading ftw. The more longer u wait for the right setup the more confident to trade bigger lot the more rewards to risk ratio and less stress no need to buy sell buy sell buy sell like an idiot
How can I contact him?