The 3 mistakes EVERY trader will run into.

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  • Опубліковано 27 кві 2024
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КОМЕНТАРІ • 159

  • @escan9859
    @escan9859 4 роки тому +58

    Dux is my favorite trader,Intelligent and willing to share

  • @mikezaborsky4528
    @mikezaborsky4528 4 роки тому +36

    I like it: "Be like Robot as possible " always loose when I'm looking at feelings!

    • @wenyuanwu3096
      @wenyuanwu3096 3 роки тому +1

      that's why a lot of hedge funds are using programs to trade

  • @T07N
    @T07N 4 роки тому +80

    This is so true. I keep thinking this to myself to make sure that I don't get too confident with my wins. The market will slap you in the face when you underestimate it.

    • @amsbeats841
      @amsbeats841 4 роки тому +5

      In my first month of trading o bought the dead top of a little old stock called $BPTH and got crushed after doubling my account in a month. That'll teach you real God damn quick!

    • @aliraisi5834
      @aliraisi5834 4 роки тому +1

      @@amsbeats841 Omg man! Are you okay, that was must of been so painful! :(

    • @ansonpeterson6004
      @ansonpeterson6004 3 роки тому

      This SQB-AMAC strategy gives you a chance to see be a part of the top 1% by seeing how they trade and the patterns they look out for. Guys GO LEARN THE SQB-AMAC strategy from Yuril Zubong. This strategy is a whole new info to any retail trader.

    • @boahmedany40
      @boahmedany40 3 роки тому +1

      Some deadly trading sins:
      1. Removing your stop loss
      2. Chasing extented stocks
      3. Buying a rumor
      4. Spontaneous trades
      5. Shorting volatility
      6. Shorting momentum stocks

  • @quantumgoku1668
    @quantumgoku1668 4 роки тому +2

    Wonderful video and wonderful line at the end.
    Focus on your mistakes. Have the beginner mindset.

  • @donnieji4825
    @donnieji4825 3 роки тому +1

    Love how open and educational you are!

  • @johnc.7594
    @johnc.7594 4 роки тому

    Amazing! Love your work Dux!

  • @msnj9246
    @msnj9246 4 роки тому +9

    I wish I found this channel before I started trading. I realized that I am making the ‘hype’ mistakes. Thank you for making this video🙏

  • @TheMeanTvGamer
    @TheMeanTvGamer 4 роки тому

    Keep up the good work bro! I really enjoy your videos!

  • @girmategene819
    @girmategene819 4 роки тому +1

    GOOD JOB MAN KEEP GOING

  • @bernadettesanche
    @bernadettesanche 4 роки тому +2

    Best videos on trading out there! Thank you so much for sharing what you know

  • @Phop279
    @Phop279 4 роки тому +1

    Nice and cozy light setup man.

  • @tradingandriskmanagement4992
    @tradingandriskmanagement4992 4 роки тому

    Thank you Steven!

  • @caninho1
    @caninho1 4 роки тому +6

    your editor is great btw

  • @Iluvkiki526
    @Iluvkiki526 4 роки тому

    Well thanks for your experience

  • @FREEDOMSUPPORT
    @FREEDOMSUPPORT 4 роки тому

    You are the best young man! Thank you 😎

  • @hedhunta3767
    @hedhunta3767 4 роки тому +19

    Greed got me so far, tbh trading makes really makes you know yourself better, you are mostly fighting yourself . Also here, having 0 knowledge will punish you instantly or soon enough . When I first lost a trade I felt emptyness, I was angry at myself mostly . With time you establish rules for yourself and avoid the mistakes of the past .

  • @Venus-uf8sp
    @Venus-uf8sp 4 роки тому

    Thank you for very helpful videos bro.

  • @arnaarna1704
    @arnaarna1704 4 роки тому

    love you mann 💪

  • @williamsheppe9559
    @williamsheppe9559 4 роки тому

    Another fantastic video! A lot of great tid bits of information. From the video, i gather you were talking about the short side when it comes to first green days and heavy volume.

  • @Will-kl5ri
    @Will-kl5ri 4 роки тому +5

    Dude is brilliant - but I also love listening to his accent

  • @datnap1
    @datnap1 4 роки тому

    Thank you Steven, much love

  • @veggiegiant
    @veggiegiant 4 роки тому

    Great info and advice 👍

  • @RioTheHitman
    @RioTheHitman 4 роки тому

    That was a actually a really good vid have to put that one up on your top videos of all time

  • @user-qv2bw6zl1x
    @user-qv2bw6zl1x 4 роки тому

    Respect man

  • @shingkang4203
    @shingkang4203 2 роки тому

    yes! U R my teacher!

  • @mikechan231
    @mikechan231 2 роки тому

    This is a great video. Thanks

  • @JeanPau1
    @JeanPau1 4 роки тому

    Thank you

  • @kemparaju5413
    @kemparaju5413 4 роки тому +3

    Hello Steven, I would like to say i learnt so many things from your videos thank you so much for your guidance. I am looking forward to learn more....

    • @JasonOoiFoo
      @JasonOoiFoo 2 роки тому

      Hi Kempa Raju did you understand what Stev talk about how to define a dollar block for specified market cap ?

  • @benjaminjacome
    @benjaminjacome 4 роки тому

    You are awesome Steve

  • @stefanoc974
    @stefanoc974 4 роки тому

    thank you

  • @brandomarchelino
    @brandomarchelino 4 роки тому +16

    i want the HUSTLE Lamp in the back

  • @jeremydosh2871
    @jeremydosh2871 4 роки тому

    Wow perfect quick explanation. It always helps to hear it again and again. Must be mechanical lol

  • @simongarcia4481
    @simongarcia4481 4 роки тому

    Steven, please check your Freedom Challenge Applicants! 🙏🏽📿

  • @Hugo-xj2mj
    @Hugo-xj2mj 3 роки тому

    Great stuff

  • @RichWan
    @RichWan 3 роки тому

    Does the float/volume concept apply to normal SP500 stocks?

  • @juliocorona3868
    @juliocorona3868 4 роки тому

    Hey Steven when you talk about your pattern do you mean what pattern you personally want to trade as far as the stock going up or trade when it dips.

  • @terry4265
    @terry4265 4 роки тому

    Great Video. I'm watching your Videos and going to follow what you say. I've been in the market for many years as a loser. Time for change. Will say. I am improving but not enough. Thanks

  • @natolh
    @natolh 4 роки тому

    Hey Steve is your strategy works for Canadian market

  • @crashtheboss07
    @crashtheboss07 4 роки тому

    Is there any book on day trading written by you Steven sir?

  • @espocartoons
    @espocartoons 4 роки тому +4

    I have and continue to make all of those mistakes 4 months into my trading career. Profitable most days now though since I switched to short Bias.
    The issue I have is sticking to my rules and plan when things go against me!
    Fighting the urge get back what I have lost!

  • @truedreamfilms8017
    @truedreamfilms8017 4 роки тому +2

    What time is mid day and afternoon? Confused because i thought mid day was 12pm

  • @agnikai6258
    @agnikai6258 4 роки тому +1

    When you say track float do you mean free float or free float market capitalization?

  • @111ryryalex111
    @111ryryalex111 4 роки тому +1

    can we get your definition of what is a pattern ?

  • @bitcoin.crypto
    @bitcoin.crypto 4 роки тому

    Dux got strong hands, leverage your total margin waiting for a turnaround then waiting for it to bottom out. wow

  • @jaidenBenzz
    @jaidenBenzz 4 роки тому

    Hi Thanks for the information... I live here in Miami and I’m very new to Forex trading

  • @whiteelk4471
    @whiteelk4471 4 роки тому

    LETS GOOO!!!

  • @nathantran8259
    @nathantran8259 4 роки тому

    Did you use a offshore account to short penny stocks? Or what platform did you use?

  • @babycutezz5665
    @babycutezz5665 2 роки тому

    Did you set stop loss when the stock went up above $2? Thanks

  • @teemc6897
    @teemc6897 4 роки тому +8

    Pattern works in cycle and also it will skip in cycle. Everything CYCLE!

  • @rickywilliams2096
    @rickywilliams2096 4 роки тому

    Do you have a chatroom?

  • @kylewattssurfing3266
    @kylewattssurfing3266 4 роки тому

    Thxxxxx cool awesome

  • @rtony209
    @rtony209 2 роки тому

    going ham on one pattern!!

    • @rtony209
      @rtony209 2 роки тому

      his editor must be hella ham!

  • @bradytrading
    @bradytrading 4 роки тому

    What was your first pattern you traded that you were talking about? Dip buying multi days?

  • @abhishekjangale7969
    @abhishekjangale7969 4 роки тому +1

    If u are a beginner day trader...u can completely relate.!

  • @PramTrans
    @PramTrans 3 роки тому

    Trues about confident with few wins, after nailing 4 sorts in PreMarket against your rule, of training in PreMarket, i got double loss in VXRT PreMarket sort.. Learnt hard way,,,Never ever get overconfident with few wins or market will humble you in ways you dont like...

  • @roladun
    @roladun 3 роки тому

    Nice advise but I guess the rules will be good for shorting folks, not as much for the long people.... Thanks

  • @sarahsf6940
    @sarahsf6940 3 роки тому

    a question: when you say that a stock goes up by 1000 percent for example, 1000 percent of what? The price it began with that day? The market capital?

  • @eadou
    @eadou 3 роки тому

    What if an event (news) that would hype up the statistics (stock) and you anticipate by buying. You could ride the hype then sell at a certain level. No?

  • @adamnaughty
    @adamnaughty Рік тому

    apart from you, which mentor will you suggested me to buy learning how to trade or shall i just watch all free video. I dont know what criteria to look for

  • @nyxjones5797
    @nyxjones5797 3 роки тому

    Best is to trade only one asset. I exclusively trade the DJ30 CFD every day.

  • @MrOnluka
    @MrOnluka 4 роки тому

    you should show us some live trades please

  • @qiamahmadi375
    @qiamahmadi375 3 роки тому

    Love and respect from Afghanistan

  • @manojpatel-vn2th
    @manojpatel-vn2th 4 роки тому +1

    Hi brother what reading books is good to get more knowledge

  • @TriniTrav
    @TriniTrav 4 роки тому +2

    Can you do a video on taxes please.

  • @aankorai492
    @aankorai492 3 роки тому +2

    Greed, Overconfidence/ Over Trading, and Anticipation.
    Always write down your rules, follow your rules, and be as robot as possible!

  • @oneshotgt1862
    @oneshotgt1862 3 роки тому

    What about if its a IPO....whats the rule ?...recently just hit CVAC ...when it first opened up on the market and hit a easy $600 in 2days ...

  • @maksymstebelskyi4798
    @maksymstebelskyi4798 4 роки тому

    good

  • @barryspurlock3048
    @barryspurlock3048 4 роки тому

    Does taking profits along the way count towards your 3 trades a week ? I am still in a paper account and saving capital and having cash its hard to stay in a paper account when i am finding runners with news before the open .

  • @Xinkgs
    @Xinkgs 4 роки тому

    The reason why i want to trade more as a trader under PDT is to practice more with real money not paper trading or simulation. In my opinion the more you practice the better you get at it and because under PDT you cant practice a lot it takes longer to develop as a trader those skill that VETS traders have. Is annoying even tho i understand that it helps you protect your capital assuming you are not trading with your entire account all in on one ticker.

  • @TiimeWizaarD
    @TiimeWizaarD 4 роки тому +2

    According to you what is a best trade and good trade ?

    • @roberttyler6763
      @roberttyler6763 4 роки тому

      Jpdela_ rosa a trade that you make maximum profit is a best trade .. you can always have best trades if you trade with a good platform

  • @sagarbahadurchhetri1502
    @sagarbahadurchhetri1502 2 роки тому

    Best trading vedio i stills watch this vedio to eliminate emotion

  • @justinpvarghese3590
    @justinpvarghese3590 4 роки тому

    I don't ibiza groove

  • @mikeerzulie7017
    @mikeerzulie7017 4 роки тому

    Hi Steven, you mentioned being down $50,000 on your GBR trade? What percentage of your account were you trading when you were starting out once you got more confidence in your patterns? I know some Day Traders go ALL IN, but I couldn't find a video on your channel talking about your position size in respect to your account size

    • @stevendux
      @stevendux  4 роки тому

      its not GBR its BGI
      i was trading about 50 percent of my account back when i started trading

  • @wealthlegend
    @wealthlegend 4 роки тому

    "the re-spike after the hype would be the money maker after the hype". could you explain abit more on this please?

    • @bryajanreveles130
      @bryajanreveles130 4 роки тому

      the stock would then be more normal thus becoming better to identify a legitimate pattern.

  • @ImagineSYL
    @ImagineSYL 4 роки тому

    Which platform do you use to trade... am sick of this platforms that charge insane amounts of fees

    • @stevendux
      @stevendux  4 роки тому

      i trade on zero pro
      speed trader has the lowest fee so far

  • @TheMikeDMedia
    @TheMikeDMedia 3 роки тому

    This happened to me

  • @kelvin.davies1704
    @kelvin.davies1704 4 роки тому

    some good brokers please ? or tips what to look for when choosing brokers ?

    • @stevendux
      @stevendux  4 роки тому

      centerpoint speedtrader and cobra

    • @poodiepie9883
      @poodiepie9883 4 роки тому

      Steven Dux which one has the most available shorts?

  • @lazybeastz182
    @lazybeastz182 3 роки тому

    if i ever become rich like this guy i wont even care that im a hikkikomori

  • @marcdubreus6180
    @marcdubreus6180 4 роки тому +1

    Very helpful man... what's the best way to reach 1million in a year?

    • @weekiat414
      @weekiat414 4 роки тому +3

      rub a lamp and make a wish to aladdin.

    • @RD-wq5pe
      @RD-wq5pe 4 роки тому +5

      Start with 2 million

    • @marcdubreus6180
      @marcdubreus6180 4 роки тому

      I love that lolll... you did a great job to make it.... keep it up👍

  • @alvaroespinoza8385
    @alvaroespinoza8385 4 роки тому +2

    10 winning trades and only 3 losses so far this year :)

    • @deficator750
      @deficator750 4 роки тому

      Nice. Im at 29/7 profit $495.60

  • @TheFunSheet
    @TheFunSheet 4 роки тому +2

    I won’t run into those 3 mistakes if I’m sitting down

  • @slickjoker2232
    @slickjoker2232 4 роки тому

    Hey Steve I would love if you could help me am running out of options and I have 4 little ones that look up to me. Am in the mist of losing everything i own idk who else to turn too to be honest. What I can say is that I been interested in the stock market since I was young just never knew how to get in. Please sir can you help me. Thanks for your time.

    • @slickjoker2232
      @slickjoker2232 4 роки тому

      Anna Miller whats a ROU? Sorry kinda a Beginner right still at this just been having really good success

  • @vibetrading
    @vibetrading 4 роки тому

    Alot of people loss their money in the stock market as a result of fool by randomness. They win one time and they think they are so great. They trade big position size without thinking about risk management. They end up losing everything. You should learn and understand risk management.

  • @Vegaswin83
    @Vegaswin83 3 роки тому

    You like to short how you feel when u short @5$ and you buy back @40$ I hope u shorted spi and bought it back @40 by the way spi run up 3600% in 1 day from 0.85 to 46$

  • @mustakimkamaruzaman9715
    @mustakimkamaruzaman9715 4 роки тому

    Hi Steven Dux..the problem is for Asian trader is forex have must lot of money to start it..for Asian people like in SouthEast Asia USD$1000 is so a lot of money..coz our currency so small amount than $USD..that why many peopla in SouthEast Asia choose to trading in binary..for me $1000 is so lot of money too..my salary if i want to keep that amount i must working 5 month to get that amount if im not using my money..so thats why we choose binary..just want to tell the problem why Asian people choose to trade in binary..the main problem is the amount if we want to trade..we are so very happy is our currency same like Kuwait 'Dinar' currency so we can easy saving it so fast & trade..😂😂😂

  • @eleonorael2251
    @eleonorael2251 3 роки тому

    I never ever put one single comment on this channel, like I did not on Tim Sykes channel, well I want to know you: you contribute to my trading A LOT, I don't even trade penny stocks, I trade futures, I am older than you are,so relax: not trying to seduce anybody here...and Tim is not a bad guy he is is just a little bit too full of himself and that makes him lose a lot of people....

  • @nepik1980
    @nepik1980 4 роки тому

    Um...

  • @Toughdog773
    @Toughdog773 3 роки тому

    Do you still think of yourself as a Tim Sykes student?

  • @AureliusStudios
    @AureliusStudios 3 роки тому

    Watch the video with subtitles on, TRUST ME!

  • @MovieGasm
    @MovieGasm 4 роки тому +4

    Hi Steven, I'll pay you for mentoring :0

  • @lukaskrahmer6703
    @lukaskrahmer6703 4 роки тому +1

    Do u really make only 50-60 trades a year? Thats less than 2 trades a week.

  • @mars4981
    @mars4981 4 роки тому

    If you only make 60 trades a year. How do you make money every day?

  • @ultrajeed7594
    @ultrajeed7594 4 роки тому +1

    Talking about robots, is there a program that uses artificial intelligence for trading stocks? Lol

  • @ThaiEgho
    @ThaiEgho 4 роки тому +1

    Where's your face mask dude?

  • @damianwilliamson9015
    @damianwilliamson9015 2 роки тому

    Literally made the first mistake today after big 10 wins in a row the past couple of months, overconfident and reversed on me. I managed my loss well and only lost a little.

  • @sanadurga3242
    @sanadurga3242 4 роки тому +3

    You can learn how to trade with conradschaeffer he is a liable person and he can help you make much profit with your little capital

  • @osmans3495
    @osmans3495 4 роки тому +4

    Hey Steven, can I borrow a million dollars. Thanks 😊

    • @yuriys5991
      @yuriys5991 4 роки тому +15

      He's giving out more if you listen carefully

    • @teddy7555
      @teddy7555 4 роки тому +2

      Truth ☝️☝️☝️

  • @19smiley25
    @19smiley25 3 роки тому

    #1 is facts. I made over 20k my first 3 months then proceeded to lose it all the next month

    • @TrueHorrorStoriesAnimated
      @TrueHorrorStoriesAnimated 3 роки тому

      How that happened?

    • @19smiley25
      @19smiley25 3 роки тому

      @@TrueHorrorStoriesAnimated I went through what's called the trader death spiral. Taking loss after loss trying to make back what I lost from the last trade and ended up blowing up...

    • @TrueHorrorStoriesAnimated
      @TrueHorrorStoriesAnimated 3 роки тому

      @@19smiley25 mean sorry to hear that.......the emotional tension must of been ruff.......I'm glad to see you could talk about it etc.......were you shorting or buying?

    • @TrueHorrorStoriesAnimated
      @TrueHorrorStoriesAnimated 3 роки тому

      Did you had a pattern you was good at?

    • @19smiley25
      @19smiley25 3 роки тому

      @@TrueHorrorStoriesAnimated yes it was horrifying. I was shorting and buying.

  • @Daryx7
    @Daryx7 4 роки тому +1

    What you explained at 2:18 is exactly what happened to me today and lost 3/4 of my account and I'm devastated right now

    • @teemc6897
      @teemc6897 4 роки тому +1

      We are just have ourself to blame upon the did we done.

    • @teemc6897
      @teemc6897 4 роки тому

      Filters of everything we see, hear and thinking.

    • @bigsponk7849
      @bigsponk7849 4 роки тому

      From my experience, it is best to be as clear as possible and create rules for your trading. The less subjective, the better. I'm by no means an amazing trader, but these things have turned my trading around. Good luck and I hope you keep trying!

  • @ZeonBe
    @ZeonBe 2 роки тому

    I turn 2200 to 400 :( It's my 2 years saving :((((((((( I hate myselff