This 2020 conference can make you profitable — Transcript
Full transcript
- 0:00[Music]
- 0:01also guys doing doctor so today I have a
- 0:04really good news for you guys and that
- 0:05will be hosting a conference in March
- 0:0728th 29th and 30th in this conference
- 0:10will be randomly select 15 people and
- 0:11will take them to the Nasdaq trading
- 0:13floor and ring the bell and just
- 0:15generally enjoying the trading floor
- 0:16environment the conference will be 3
- 0:18days the first day will be generally
- 0:20talking about you know beginner
- 0:21techniques and will be also covering the
- 0:23most updated strategy in 2020 and what
- 0:26techniques have changed going through
- 0:28and try to adapt in the marketing this
- 0:30year because I've certainly noticed
- 0:31something is changing beginning November
- 0:34last year so we'll be giving most
- 0:35updated strategy to correlate with your
- 0:37method to go into the 2020 market and
- 0:40help you to begin consistent profitable
- 0:42so the second day we'll be talking about
- 0:44general statistics and other people are
- 0:46hurting about them a very good with
- 0:48statistic sheets I have trapped a tons
- 0:50of data from 2016 to 2019 and have a
- 0:53general understanding of how pattern
- 0:56works and what's a frequency of the
- 0:57pattern will be giving new updates for
- 0:59that as well I will give you step by
- 1:01step to use statistics to help you
- 1:03generate more profits in the future so
- 1:06this is more for people our intermediate
- 1:08level trader and if you're training for
- 1:10a few years will be benefit you a lot so
- 1:12the third day we'll be doing a live
- 1:14trade like the last conference last
- 1:16conference we made 27 thousand in front
- 1:19of 200 audience once it's bounced when
- 1:22they crack that support again I signs
- 1:25there in that bounce right there you're
- 1:28gonna see the live trade will pull a
- 1:30partial recording in this video you can
- 1:31see the last conference live trade so
- 1:34lastly we will be launching a platform
- 1:35which is very suitable for beginners the
- 1:38platform itself includes my own pattern
- 1:40their own strategies let's say opposite
- 1:42in Gap down I have program this specific
- 1:44strategy into this platform and when the
- 1:46over sitting gap down potentially pops
- 1:48up into your scanner you will tell you
- 1:50this pattern will be a potential publish
- 1:52name gap down and will help you
- 1:53generally filter that all the stickers
- 1:55that help you find the pattern much
- 1:57easier compared to before that you have
- 1:59to manually go through every single
- 2:01taker and route our person gainer and it
- 2:03wastes a lot of time and also sometimes
- 2:05because we are trying to find a pattern
- 2:07you will miss a tons of pattern out
- 2:08there at the same time so this one could
- 2:11really benefit you as a beginner too
- 2:13start learning the market and also we
- 2:16build this feature as you can use your
- 2:18own data that you track to invent your
- 2:20own pattern and find your own edge in
- 2:23the market and I think will be really
- 2:25good for you you for just started
- 2:26trading or you're been trading for few
- 2:28years I think will be very few you know
- 2:29long run so that will be all the fraud
- 2:31conference and let's get into today's
- 2:32topic so today I'm going to give you a
- 2:34little bit of content about this
- 2:36conference and what we'll be including
- 2:37and beginning I will be introducing
- 2:39what's a short sell and what is a buy
- 2:41and hold and how can be probable back
- 2:43understanding the average reward and the
- 2:45risk behind it
- 2:46let's talk about now I'm sure and let's
- 2:48cut them in two or three different
- 2:50categories the first one will be the
- 2:51winning percentage now shorting by
- 2:53statistics generally have higher winning
- 2:55percentage numbers you're trying to go
- 2:56along now compared to the reward same
- 2:59thing because if you are shooting a
- 3:00position the maximum reward will be a
- 3:02hundred percent now average reward would
- 3:04be anywhere between fifteen to
- 3:05twenty-five percent using short strategy
- 3:08across all night raids the first
- 3:10category that I put them in will be ten
- 3:12to fifteen percent that will include
- 3:14some of them takers that doesn't really
- 3:16fit the criteria but somehow fit the
- 3:17criteria it's not 100 percent pattern
- 3:21but it's worth it for a trade so
- 3:23generally in this pattern it happens
- 3:25pretty often about a hundred times a
- 3:27year the next one the reward will be
- 3:28anywhere between twenty to twenty-five
- 3:30percent that's where you're the money
- 3:32maker is and when you are looking for
- 3:34specific pattern if it fits the hundred
- 3:36percent criteria you'll generally get
- 3:38that reward pretty easily
- 3:39lastly the biggest reward that I have
- 3:41encountered is you got caught in to your
- 3:44offering and you're shorting into
- 3:46offering and in that case you can
- 3:48generally make about 50% to 75% of your
- 3:51original investment so category three
- 3:53we'll be talking about risk that normal
- 3:55people understanding will be shorting
- 3:56has infinite risks but pretty much all
- 3:58the time you will have your own risk
- 4:00built into your shorting strategy and
- 4:02generally showing risk percentage will
- 4:05be around 7% to 10% for me if I'm
- 4:08shorting this stock I'll be risking
- 4:10anywhere between 10% to 12% depends on
- 4:12the patterns winning percentage but if
- 4:14you're a trader that major in short
- 4:16you'll know that when you're shorting to
- 4:18a consolidation there will be some time
- 4:20have a burst candles that instant caused
- 4:23a huge short squeeze they don't really
- 4:25have
- 4:26the time to get out now after you
- 4:27realize it's a short squeeze and you
- 4:29pull off your risk you'll be
- 4:31automatically down about 30% to 20%
- 4:33that's one of the biggest risk for short
- 4:35studying and get cut into short squeeze
- 4:37in your really short amount of time so I
- 4:39get a lot of question that people ask me
- 4:41well Stephen I can't sure how about I
- 4:42can go long now long strategies are
- 4:44generally work in the printing stock
- 4:46where smoke at market by the winning
- 4:48percentage by statistics massively drops
- 4:50now let's give you an example so let's
- 4:53say shorting you're reacting to your
- 4:55stock and for going on you're trying to
- 4:57predict the stock so this those two are
- 4:59completely different no concept we are
- 5:01trying to track statistics by itself so
- 5:04I've tracked about 10,000 samples long
- 5:06strategy generally have about 60% to 65%
- 5:08winning percentage and the reward will
- 5:11massively overwhelm the shorting reward
- 5:12is because when you buy a stock let's
- 5:14say at $2 you can say 5 units or 10 if
- 5:17it goes there and the reward will be
- 5:19sometimes in a thousand percent two
- 5:21hundred percent but we are ensuring the
- 5:23maximum words only a hundred percent so
- 5:25let's talk about the risk of going along
- 5:26and I think the most dangerous part will
- 5:29be get caught into offering and start
- 5:31just straight drops about 75 percent
- 5:34from its own gain since we all know
- 5:36small caps or you know micro caps they
- 5:39all have really bad fundamentals all
- 5:41they want to do is to do potential
- 5:43dilutions to gain money from the
- 5:45investors and then we just do a non
- 5:46reverse play again and again and we're
- 5:48compared to you know short and long for
- 5:51me personally I would rather stick to
- 5:52you like a high winning percentage and
- 5:54lower reward and if you really want to
- 5:56go along you can long into like a very
- 5:57neutralized area with a really high risk
- 5:59if they gets volume and gets some type
- 6:01of news you can potentially gain or 60
- 6:03percent 100% and that's no surprise
- 6:05there so make sure understand your risk
- 6:07and try to invent a way to control your
- 6:10risk because I see a lot of people
- 6:12discussing about day trading and day
- 6:14trading has the most potential reward in
- 6:16this industry but the Mallory war also
- 6:19come with the risk so if you know how to
- 6:20control your risk this game is all about
- 6:22how to manage your risk and how to keep
- 6:24your wrist attached as possible to
- 6:26potentially get a massive amount of
- 6:27reward so that is the difference between
- 6:29going on shore and we'll be giving more
- 6:31tips and content in the March conference
- 6:34so I hope you guys can join if you don't
- 6:36get the tickets make sure clicked in a
- 6:37link in description and
- 6:38we'll see you guys next video
- 6:40[Music]
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