Bob Ross but this time Steven Dux (DUX's Runner Analysis) — Transcript

Full transcript

1. 0:00if you're a green just be happy about it
2. 0:07what's up guys Steven experience I've
3. 0:09been gone for a long time I was
4. 0:10traveling and teaching some students in
5. 0:13person so if you're interested I will
6. 0:15put a link below and go ahead register
7. 0:18so today we're going to talk about some
8. 0:20weak sectors that was happening in last
9. 0:23couple of weeks and they were very very
10. 0:25hyped some tickers are going 20 cents to
11. 0:27two dollars three to twelve where
12. 0:31someone goes to Tony sense even to ten
13. 0:34dollars so they're going a supernovas
14. 0:36every word going up two thousand percent
15. 0:38to each other now the key is to figure
16. 0:41it out when to have the right entry
17. 0:44because in bigger market cap is going to
18. 0:48be bigger resistance so the bigger of
19. 0:51the market cap and the bigger the
20. 0:53resistance it needs to be for you to
21. 0:54start entry to you to go long or go
22. 0:57short because there's more people
23. 0:59trading therefore needs to be a larger
24. 1:02resistance than the small cap and the
25. 1:05mid cap we used to trade almost all the
26. 1:07time so let's get into ITC so this
27. 1:12ticker was going from 40 cents to $2 and
28. 1:17I think it's a lot of people right
29. 1:20around here and I kind of exhausted our
30. 1:22unit twos and start fighting back so I'm
31. 1:26thinking this why I should do offering
32. 1:31because if they kind of leave money do
33. 1:34you need to rise some money so probably
34. 1:37on fades back to 1 or 1.25 that's my
35. 1:42prediction for the next few days or next
36. 1:45couple of weeks because there's so many
37. 1:47support and treating 40 minutes 40
38. 1:50minutes years 30 minutes years so it's
39. 1:53gonna take a long time to fight back so
40. 1:54this one leans more towards to swing
41. 1:58trade ITC for now I don't see any upside
42. 2:03on ITC
43. 2:04because there is so many resistance up
44. 2:06in the $2 ish
45. 2:08that's my thoughts for ITC
46. 2:11see
47. 2:12I can see I don't really treat billion
48. 2:16dollar market cap for the last couple
49. 2:17years and you can see this massive on
50. 2:20trade and eighty miniature traded in the
51. 2:24twelfth dollar and there's about two
52. 2:27resistance right around here
53. 2:29they're a long run to have dollar ish so
54. 2:34I doubt this one will bounce back and
55. 2:36break $12 probably gap up tomorrow and
56. 2:40have a nice feedback later on the day
57. 2:44but this one will be also a swing
58. 2:47positions because they're in ArchiCAD it
59. 2:50takes a long time to drop and as in day
60. 2:54trading I think it's better to split two
61. 2:58positions what I mean spring to position
62. 3:01means spooning your cow into two
63. 3:04separate parts one can you swing when
64. 3:06you can do day trading so it's basically
65. 3:08a trading me like aggressive income
66. 3:11versus passive income swing trading is
67. 3:14more like passive patrons more
68. 3:16aggressive so I think a waiting all
69. 3:20those opportunities are laying all over
70. 3:21the market I think it's to say this way
71. 3:24to it's to grow fifty percent of your
72. 3:28account goes this way fifty percent you
73. 3:29can go to goes to day trading now until
74. 3:33I ta ry and this ticker on its beam has
75. 3:37been going off for the past couple
76. 3:40couple weeks and their fundamentals are
77. 3:44relatively pretty good so I mean not
78. 3:46really eager to short this and it's not
79. 3:50treating that much volume and there's
80. 3:52not much very solid resistance I can see
81. 3:56from the chart it's Charlie's brand-new
82. 3:58so I don't know what it's gonna do and I
83. 4:00just gonna wait and see what happens
84. 4:03next I think that's my thoughts for a
85. 4:05receptor and also I'll talk about a
86. 4:08little bit mentality or little trading
87. 4:11tips for you guys I see a lot of people
88. 4:14are yes may I make make are making money
89. 4:18recently and the reason why making large
90. 4:23amount of money
91. 4:24can lead into your last because it's
92. 4:27what going through in their mental so
93. 4:30let's say for example you you are up
94. 4:32$5,000 today now suddenly the stuff
95. 4:36doesn't do what you want to do then you
96. 4:39bounces back and you covered or you are
97. 4:42sold your positions you made about
98. 4:45$3,000 and your mental it will be going
99. 4:48through with that I should make $5,000
100. 4:49today not next time you either gonna be
101. 4:53more greedy or either
102. 4:56feels like that the markets own you with
103. 4:58a $2,000 on cash then you will just lead
104. 5:03to you have bigger egos and more
105. 5:05positions and more really and that's
106. 5:08exactly wrong all I should treat the
107. 5:10market I think that's all beginners
108. 5:14people are making mistakes so hopefully
109. 5:18when you start with your day if you're a
110. 5:21green just be happy about it in day
111. 5:24trading industry I think the hardest
112. 5:27thing is to fight through your mental
113. 5:29and treat it like your business like a
114. 5:32business or treat it like practice the
115. 5:35more you practice the better you will be
116. 5:37it's not like something you can go and
117. 5:40make a ton of money in one day and
118. 5:43that's that's that's for a lottery so a
119. 5:45lot of people will tends to think that
120. 5:47way but if you think okay - I made
121. 5:52$3,000 I'm grateful started my day fresh
122. 5:55tomorrow do you want to be doing and
123. 5:58just keep practicing and if you think
124. 6:01more conservatively you can achieve
125. 6:04consistent profitable much quicker than
126. 6:07you think so that's a little tips for
127. 6:10today and hope you guys know something
128. 6:13from listen today bigger market caps
129. 6:16they tend to drop slower the tends to
130. 6:20spike slower and they don't balance they
131. 6:24don't decline that fast
132. 6:26so people are day trading the stocks
133. 6:29there tends to be used leverage that's
134. 6:32and mistakes so don't use beverage on
135. 6:36those big market caps stay on your Sam
136. 6:39risk level be grateful if you're a green
137. 6:42today and that would be for today thank
138. 6:45you very much
139. 6:48[Music]
140. 6:59you
141. 6:59[Music]