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This 2020 conference can make you profitable — Transcript

by Steven Dux · 1,391 words · 201 segments · language en · Watch on YouTube

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  1. 0:00[Music]
  2. 0:01also guys doing doctor so today I have a
  3. 0:04really good news for you guys and that
  4. 0:05will be hosting a conference in March
  5. 0:0728th 29th and 30th in this conference
  6. 0:10will be randomly select 15 people and
  7. 0:11will take them to the Nasdaq trading
  8. 0:13floor and ring the bell and just
  9. 0:15generally enjoying the trading floor
  10. 0:16environment the conference will be 3
  11. 0:18days the first day will be generally
  12. 0:20talking about you know beginner
  13. 0:21techniques and will be also covering the
  14. 0:23most updated strategy in 2020 and what
  15. 0:26techniques have changed going through
  16. 0:28and try to adapt in the marketing this
  17. 0:30year because I've certainly noticed
  18. 0:31something is changing beginning November
  19. 0:34last year so we'll be giving most
  20. 0:35updated strategy to correlate with your
  21. 0:37method to go into the 2020 market and
  22. 0:40help you to begin consistent profitable
  23. 0:42so the second day we'll be talking about
  24. 0:44general statistics and other people are
  25. 0:46hurting about them a very good with
  26. 0:48statistic sheets I have trapped a tons
  27. 0:50of data from 2016 to 2019 and have a
  28. 0:53general understanding of how pattern
  29. 0:56works and what's a frequency of the
  30. 0:57pattern will be giving new updates for
  31. 0:59that as well I will give you step by
  32. 1:01step to use statistics to help you
  33. 1:03generate more profits in the future so
  34. 1:06this is more for people our intermediate
  35. 1:08level trader and if you're training for
  36. 1:10a few years will be benefit you a lot so
  37. 1:12the third day we'll be doing a live
  38. 1:14trade like the last conference last
  39. 1:16conference we made 27 thousand in front
  40. 1:19of 200 audience once it's bounced when
  41. 1:22they crack that support again I signs
  42. 1:25there in that bounce right there you're
  43. 1:28gonna see the live trade will pull a
  44. 1:30partial recording in this video you can
  45. 1:31see the last conference live trade so
  46. 1:34lastly we will be launching a platform
  47. 1:35which is very suitable for beginners the
  48. 1:38platform itself includes my own pattern
  49. 1:40their own strategies let's say opposite
  50. 1:42in Gap down I have program this specific
  51. 1:44strategy into this platform and when the
  52. 1:46over sitting gap down potentially pops
  53. 1:48up into your scanner you will tell you
  54. 1:50this pattern will be a potential publish
  55. 1:52name gap down and will help you
  56. 1:53generally filter that all the stickers
  57. 1:55that help you find the pattern much
  58. 1:57easier compared to before that you have
  59. 1:59to manually go through every single
  60. 2:01taker and route our person gainer and it
  61. 2:03wastes a lot of time and also sometimes
  62. 2:05because we are trying to find a pattern
  63. 2:07you will miss a tons of pattern out
  64. 2:08there at the same time so this one could
  65. 2:11really benefit you as a beginner too
  66. 2:13start learning the market and also we
  67. 2:16build this feature as you can use your
  68. 2:18own data that you track to invent your
  69. 2:20own pattern and find your own edge in
  70. 2:23the market and I think will be really
  71. 2:25good for you you for just started
  72. 2:26trading or you're been trading for few
  73. 2:28years I think will be very few you know
  74. 2:29long run so that will be all the fraud
  75. 2:31conference and let's get into today's
  76. 2:32topic so today I'm going to give you a
  77. 2:34little bit of content about this
  78. 2:36conference and what we'll be including
  79. 2:37and beginning I will be introducing
  80. 2:39what's a short sell and what is a buy
  81. 2:41and hold and how can be probable back
  82. 2:43understanding the average reward and the
  83. 2:45risk behind it
  84. 2:46let's talk about now I'm sure and let's
  85. 2:48cut them in two or three different
  86. 2:50categories the first one will be the
  87. 2:51winning percentage now shorting by
  88. 2:53statistics generally have higher winning
  89. 2:55percentage numbers you're trying to go
  90. 2:56along now compared to the reward same
  91. 2:59thing because if you are shooting a
  92. 3:00position the maximum reward will be a
  93. 3:02hundred percent now average reward would
  94. 3:04be anywhere between fifteen to
  95. 3:05twenty-five percent using short strategy
  96. 3:08across all night raids the first
  97. 3:10category that I put them in will be ten
  98. 3:12to fifteen percent that will include
  99. 3:14some of them takers that doesn't really
  100. 3:16fit the criteria but somehow fit the
  101. 3:17criteria it's not 100 percent pattern
  102. 3:21but it's worth it for a trade so
  103. 3:23generally in this pattern it happens
  104. 3:25pretty often about a hundred times a
  105. 3:27year the next one the reward will be
  106. 3:28anywhere between twenty to twenty-five
  107. 3:30percent that's where you're the money
  108. 3:32maker is and when you are looking for
  109. 3:34specific pattern if it fits the hundred
  110. 3:36percent criteria you'll generally get
  111. 3:38that reward pretty easily
  112. 3:39lastly the biggest reward that I have
  113. 3:41encountered is you got caught in to your
  114. 3:44offering and you're shorting into
  115. 3:46offering and in that case you can
  116. 3:48generally make about 50% to 75% of your
  117. 3:51original investment so category three
  118. 3:53we'll be talking about risk that normal
  119. 3:55people understanding will be shorting
  120. 3:56has infinite risks but pretty much all
  121. 3:58the time you will have your own risk
  122. 4:00built into your shorting strategy and
  123. 4:02generally showing risk percentage will
  124. 4:05be around 7% to 10% for me if I'm
  125. 4:08shorting this stock I'll be risking
  126. 4:10anywhere between 10% to 12% depends on
  127. 4:12the patterns winning percentage but if
  128. 4:14you're a trader that major in short
  129. 4:16you'll know that when you're shorting to
  130. 4:18a consolidation there will be some time
  131. 4:20have a burst candles that instant caused
  132. 4:23a huge short squeeze they don't really
  133. 4:25have
  134. 4:26the time to get out now after you
  135. 4:27realize it's a short squeeze and you
  136. 4:29pull off your risk you'll be
  137. 4:31automatically down about 30% to 20%
  138. 4:33that's one of the biggest risk for short
  139. 4:35studying and get cut into short squeeze
  140. 4:37in your really short amount of time so I
  141. 4:39get a lot of question that people ask me
  142. 4:41well Stephen I can't sure how about I
  143. 4:42can go long now long strategies are
  144. 4:44generally work in the printing stock
  145. 4:46where smoke at market by the winning
  146. 4:48percentage by statistics massively drops
  147. 4:50now let's give you an example so let's
  148. 4:53say shorting you're reacting to your
  149. 4:55stock and for going on you're trying to
  150. 4:57predict the stock so this those two are
  151. 4:59completely different no concept we are
  152. 5:01trying to track statistics by itself so
  153. 5:04I've tracked about 10,000 samples long
  154. 5:06strategy generally have about 60% to 65%
  155. 5:08winning percentage and the reward will
  156. 5:11massively overwhelm the shorting reward
  157. 5:12is because when you buy a stock let's
  158. 5:14say at $2 you can say 5 units or 10 if
  159. 5:17it goes there and the reward will be
  160. 5:19sometimes in a thousand percent two
  161. 5:21hundred percent but we are ensuring the
  162. 5:23maximum words only a hundred percent so
  163. 5:25let's talk about the risk of going along
  164. 5:26and I think the most dangerous part will
  165. 5:29be get caught into offering and start
  166. 5:31just straight drops about 75 percent
  167. 5:34from its own gain since we all know
  168. 5:36small caps or you know micro caps they
  169. 5:39all have really bad fundamentals all
  170. 5:41they want to do is to do potential
  171. 5:43dilutions to gain money from the
  172. 5:45investors and then we just do a non
  173. 5:46reverse play again and again and we're
  174. 5:48compared to you know short and long for
  175. 5:51me personally I would rather stick to
  176. 5:52you like a high winning percentage and
  177. 5:54lower reward and if you really want to
  178. 5:56go along you can long into like a very
  179. 5:57neutralized area with a really high risk
  180. 5:59if they gets volume and gets some type
  181. 6:01of news you can potentially gain or 60
  182. 6:03percent 100% and that's no surprise
  183. 6:05there so make sure understand your risk
  184. 6:07and try to invent a way to control your
  185. 6:10risk because I see a lot of people
  186. 6:12discussing about day trading and day
  187. 6:14trading has the most potential reward in
  188. 6:16this industry but the Mallory war also
  189. 6:19come with the risk so if you know how to
  190. 6:20control your risk this game is all about
  191. 6:22how to manage your risk and how to keep
  192. 6:24your wrist attached as possible to
  193. 6:26potentially get a massive amount of
  194. 6:27reward so that is the difference between
  195. 6:29going on shore and we'll be giving more
  196. 6:31tips and content in the March conference
  197. 6:34so I hope you guys can join if you don't
  198. 6:36get the tickets make sure clicked in a
  199. 6:37link in description and
  200. 6:38we'll see you guys next video
  201. 6:40[Music]

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