I will never ask for your financial information, I don't manage accounts. If there's anyone trying to pretend they are me, please report. The only official site is stevenduxi.com Please be careful and don't get scammed. AGAIN, I DO NOT manage ANY type of account and I would NOT ask for any type of investment funds.
Hey, who do you use for your broker and platform for shorting? I'm with TD Webbroker in Canada and all of my short selling orders were rejected because they had no coverage. Looking for a good broker with high short selling stock availability.
@@energeticelite1919 drives me nuts cause u.s has all the good trading platforms. canada has the worst platforms for trading ugh. + prices suck on commission.
This guy is the real deal, I spoke with him at a conference and he was more than happy to share his insight and shed some light on his trades. He finds his edge in hardcore stats and it’s remarkable. Don’t gamble, play the odds if they’re in your favor. Well done Dux, you da man.
OsaIa K you need to come up with your own stats. There’s no freaking way anyone trading real money will use someone else’s data. People might use it as a starting point for further investigation but it’s your money, you need to be responsible for the analysis and outcome.
@moU fIVe He's using a specific strategy at a specific market cap with specific filters in his stock scanner. Nobody but him is using those specific criteria to find his plays. That's why he created all his own data.
Hi Steven, i just wanted to let you know that if this presentation was perfect i wouldn't have loved it as much. I am grateful for your struggle and for your hard work. This is clearly visible in the vid and it's sending the right message. That you are a genuine person, one that i can never hate and i can only be inspired by. It's especially helping me push through the hard times i'm currently struggling with
I’m just now getting serious into stock market and you’re the first one who I’m going to believe about it. Please keep doing these kind of informative talks.
Hi Steven, this was the first presentation of yours I've ever watched and I'm impressed. Thank you very much for your effort putting it together and I plan to watch more of yours in the future. I'm planning to trade penny stocks as my next career and I'm just in the preparation stages. I appreciate your being so successful at it and look forward to learning more from you. Thanks again!
Amazing presentation. He points out so many valuable lessons in this speech. I have rewatched it several times and I am amazed at the detailed info he shared to be a successful trader. A must watch and take notes if you are serious about trading.
I come back to this video every so often, Dux is a special one cause he fully understands the psychology of a trader which a lot of people disregard and just try to learn tech analysis indicators. This plus his tracking of statistics and combining both, it sounds simple but is mindblowing cause obviously the vast majority of people do not do that. Dux is the real deal none of that fake Guru sh*t. One day i’ll shake hands with this guy. Thanks man for all the help you provide with your videos.
"think about people's mentality... most people in the stock market doesn't know anything" - Dux .... classic - appreciate the information- favorite youtube channel to learn from
i bet if you show interest and ask him questions one on one, he will tell you everything he knows and more. he seems in love with what he does and very openly willing to share his knowledge and that is extremely admirable.
when you realize he cut a lot of technical talk out of the video's end but still feel grateful for all the insights he's been sharing with everyone on youtube
A lot of people like to use a bunch of technical indicators and math, but it's fine to just use the price chart and volume chart. Then you have to learn the patterns of the chart and understand the psychology of why people sell or buy at certain prices.
You have to match your personality with the strategy. If your impatient person who usually trades the first 10 minutes of market, then i would suggest gap and go strategy. If your a patient person, then I would suggest a reversal from stocks that has been gapped down. Let the stock go up first, then when it starts to reverse, then take the trade. You can identify all this strategy based on combination of daily and premarket. I would look at 2,1 hour time frame on premarket to identify.
But how can you short sell if you don't own the stocks on the first place? Dux keeps going like "so, I shorted this stock because it was spiking and was likely to drop", but how did he manage to own the stock in the first place before it dropped?!
Xargxes in most trading platforms you can just SELL without buying the stock first. If you do this you are just borrowing from your trading platform (provided others on that platform have bought that stock). There are prerequisites though, for example on Webull, you have to have margin account with a minimum of $2,000 balance to short.
@@Xargxes The broker that you sign up for has to allow short selling. The broker will usually own stocks that have high volume and allow you to borrow them to sell. Unknown stocks with low volume, you may end up not being able to short sell because the broker doesn't own that stock, a problem that I've heard some traders had when they missed a short sell opportunity.
Profit can be made both ways. There are strategies for going long and short. You just have to learn how to recognize them. Neither is better. Dux just likes to do shorting because he can recognize the opportunities. He probably rather not risk trying new trading strategies when he's already making so much with shorting.
@@Xargxes You borrow those shares of the stock from your broker and sell them at a high price, but you HAVE to give those stocks back so you buy at the low price afterwards. Hopefully, if it comes back down.
Wow incredible insight in this conference. Your statistics in trading are some that I am implementing in some of my own strategies, thank you for your knowledge dux!
Outstanding.......... Summary.. Have $25K which allows you to day trade. Open a margin account.. Trade low price stocks that gap up huge because it's more than likely the price will come down.. Set very tight stop so you can keep losses very small. Awesome video.......
I always knew I could make money by shorting stocks, but I’ve always been stuck in a small funded account. If margin, only 3 day trades a week, plus not enough money to short. If cash account, which I prefer with small account, I can’t short, but at least I can keep trading as long as I have tradable funds. In 2 days the funds are back. So, I joined a stock picking group led by someone who is good at picking short term long trades. Time will tell, but I can at least learn from him. Gotta learn to be successful going long first before account is built up over $25,000. My trades are only $100 at a time. So it’s slow process.
great video but I did get a little confused. you said we should do what the other 90% is NOT doing. but towards the end of the video you also said to be on the same side as the majority of the people... if more people are going long then we should go long and vice versa.. can you clarify ????
trade with the smart traders that know what's actually going to happen, smart money has the big money follow the big money and the rest of the 90% give the big money there profits
What platform do u recommend using for shorting outside of usa? And usually when u short, how long before u need to cover back the stocks? TQ. From Malaysia.
When one wishes to be mentored by me. They check the links available under all my social media. At that point they apply to be one of my students. Only a few will be selected. stevenduxtrading.com/expired1 The prices vary in the services provided.
High Mountain Trader i see, thanks for the clarification. Since there isn’t any ceiling it is a bad idea to short it cause you are not sure how high it will continue to go?
I saw as an example Apple had hit its highest, yet some people were thinking "oh its gotta go down". There were no previous histories of higher levels, so there is no support or resistance lines that can be drawn. Usually those lines, support or resist the stock from moving further down or up, respectively/ So better to err on there's no ceiling then "its gotta go down"
I am new to shorting, I understand that is betting against the stock , but when a shit company sky rocket for the wrong reason, who the heel would want to accept that bet?
From all the videos I have seen of his, he doesnt like to hold his trades from day to day. With his initial 27,000 dollars he put into an account, he was able to day trade without hitting PDT rule.
If you are shorting a stock you are basically doing the opposite of everyone else? How do you make profits from your stock losing value? That sounds very backwards to me.
youre borrowing the shares from the broker at the current price giving him back when its lower, say you borrow 100 shares @ 10 dollar per share = 1000 dollar and close your position at 7 dollar per share, thats 300 dollar profit for you or 30%, so its like buying low and selling high just backwards
I said till i receive any payout from using payden's services before i say anything to anyone, well it was the third last night, glad i started my investments.
@@TheFunSheet Yeah but for Dux strategy is not, which his primary strategy is to short the stock. For us bullish going long/scalp traders, we want the float to be low enough to inflate the price via low supply and HOPEFULLY high demand.
@@Viewer13128 No, when Dux was saying to avoid low float stocks he meant it in the perspective of a short seller. Low floats are usually safer for long traders.
@@Viewer13128 No, not at all. Often, penny stocks have relatively high floats. Nothing is safe, risk is part of the market. So when I said safer on my previous response, I worded that incorrectly, I shoud've said it has a higher chance of a positive outcome for long traders.
i think he uses tradezero. if you have any robinhood stocks, you can transfer them to TOS(thinkrorswim by ameritrade). TOS is a paid app. Unlike robinhood which is free, TOS has a cap of deduction like around 10$ no matter how many shares you buy. Robinhood on the other hand, the app ITSELF is free however they charge you when you BUY or SELL stock. They take a lot. Plus if you pay for their premium, you're only contributing to robinhood profits. TOS is way better imo. Also Mr. Dux briefly discussed his opposing views of robinhood in an interview
Steven Dux mentioned Interactive Brokers for shortings. He said it works best with that approach. I saw a video of Him mentioning it, but I cannot remember the title of the video. Hope that helps
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
I will never ask for your financial information, I don't manage accounts. If there's anyone trying to pretend they are me, please report. The only official site is stevenduxi.com
Please be careful and don't get scammed. AGAIN, I DO NOT manage ANY type of account and I would NOT ask for any type of investment funds.
Hey, who do you use for your broker and platform for shorting? I'm with TD Webbroker in Canada and all of my short selling orders were rejected because they had no coverage. Looking for a good broker with high short selling stock availability.
@@engineering3Dsolid he uses stockstotrade
@@engineering3Dsolid in his videos he uses stocks to trade and on his interview with Tim Sykes he said he only uses stockstotrade
@@energeticelite1919 drives me nuts cause u.s has all the good trading platforms. canada has the worst platforms for trading ugh. + prices suck on commission.
@@DiamondScuff I use Fidelity for my Canadian stocks, they even have an international person to help you for $4.99.
This guy is the real deal, I spoke with him at a conference and he was more than happy to share his insight and shed some light on his trades. He finds his edge in hardcore stats and it’s remarkable. Don’t gamble, play the odds if they’re in your favor. Well done Dux, you da man.
does he use a source for his statistics or is it all based on his own spreadsheets he recorded?
OsaIa K you need to come up with your own stats. There’s no freaking way anyone trading real money will use someone else’s data. People might use it as a starting point for further investigation but it’s your money, you need to be responsible for the analysis and outcome.
@moU fIVe He's using a specific strategy at a specific market cap with specific filters in his stock scanner. Nobody but him is using those specific criteria to find his plays. That's why he created all his own data.
I've turned $4000 into $1,100 in just a matter of 6 months!
I’ve done it in one day
Congratulations
Wow ! That's ridiculous
I turned 4.5k into -2k in 4 days
ROFL
Hi Steven, i just wanted to let you know that if this presentation was perfect i wouldn't have loved it as much. I am grateful for your struggle and for your hard work. This is clearly visible in the vid and it's sending the right message. That you are a genuine person, one that i can never hate and i can only be inspired by. It's especially helping me push through the hard times i'm currently struggling with
Steven is the Best Trading Tutor I've ever seen. He is honest in his dealings.
That's a ton of very valuable information based on experience. Thank You Dux.
why do you have bob the builder lol
Not only you are good at what you do, but also you are humble.
I’m just now getting serious into stock market and you’re the first one who I’m going to believe about it. Please keep doing these kind of informative talks.
Is 15 too late to start?
@Big Foot wtf thats very young
@@dontreadmychanneldescripti7104 you are too late. most of the professionals started at 5-7 years old.
This is by far the best RUclipsr for trading that exists
Hi Steven, this was the first presentation of yours I've ever watched and I'm impressed. Thank you very much for your effort putting it together and I plan to watch more of yours in the future. I'm planning to trade penny stocks as my next career and I'm just in the preparation stages. I appreciate your being so successful at it and look forward to learning more from you. Thanks again!
Couldn't of said it better myself, i think we have the same mindset on stocks lol
Amazing presentation. He points out so many valuable lessons in this speech. I have rewatched it several times and I am amazed at the detailed info he shared to be a successful trader. A must watch and take notes if you are serious about trading.
How goes youre trading ? :)
Great deep dive how to take a statistical approach on entry/exits to maximize gains while keeping risk to reward intact.
he is transparent and teach the science behind his actions not like the rest of scam course sellers
Great video.. The knowledge is always greatly appreciated by the people who are serious about trading ! thanks again dux
I come back to this video every so often, Dux is a special one cause he fully understands the psychology of a trader which a lot of people disregard and just try to learn tech analysis indicators. This plus his tracking of statistics and combining both, it sounds simple but is mindblowing cause obviously the vast majority of people do not do that. Dux is the real deal none of that fake Guru sh*t. One day i’ll shake hands with this guy. Thanks man for all the help you provide with your videos.
"think about people's mentality... most people in the stock market doesn't know anything" - Dux .... classic - appreciate the information- favorite youtube channel to learn from
i bet if you show interest and ask him questions one on one, he will tell you everything he knows and more. he seems in love with what he does and very openly willing to share his knowledge and that is extremely admirable.
when you realize he cut a lot of technical talk out of the video's end but still feel grateful for all the insights he's been sharing with everyone on youtube
A lot of people like to use a bunch of technical indicators and math, but it's fine to just use the price chart and volume chart. Then you have to learn the patterns of the chart and understand the psychology of why people sell or buy at certain prices.
You have to match your personality with the strategy. If your impatient person who usually trades the first 10 minutes of market, then i would suggest gap and go strategy. If your a patient person, then I would suggest a reversal from stocks that has been gapped down. Let the stock go up first, then when it starts to reverse, then take the trade. You can identify all this strategy based on combination of daily and premarket. I would look at 2,1 hour time frame on premarket to identify.
I know what I'm going to learn more about. Short selling is where it's at as long as you keep your risk management tight.
But how can you short sell if you don't own the stocks on the first place? Dux keeps going like "so, I shorted this stock because it was spiking and was likely to drop", but how did he manage to own the stock in the first place before it dropped?!
Xargxes in most trading platforms you can just SELL without buying the stock first. If you do this you are just borrowing from your trading platform (provided others on that platform have bought that stock). There are prerequisites though, for example on Webull, you have to have margin account with a minimum of $2,000 balance to short.
@@Xargxes
The broker that you sign up for has to allow short selling. The broker will usually own stocks that have high volume and allow you to borrow them to sell. Unknown stocks with low volume, you may end up not being able to short sell because the broker doesn't own that stock, a problem that I've heard some traders had when they missed a short sell opportunity.
Profit can be made both ways. There are strategies for going long and short. You just have to learn how to recognize them. Neither is better. Dux just likes to do shorting because he can recognize the opportunities. He probably rather not risk trying new trading strategies when he's already making so much with shorting.
@@Xargxes You borrow those shares of the stock from your broker and sell them at a high price, but you HAVE to give those stocks back so you buy at the low price afterwards. Hopefully, if it comes back down.
Steven - Excellent Presentation. I am trying my best to get a good educational foundation and you inspire me. Thank you. Paul Kennedy
Very brave of you to do this conferance, thanks for the video, your potential is inconceivably immense
I just realized that all I've ever been doing in stocks was just gambling
Lol
PARABOLIC SHORT (NOT FOR BEGINNERS)
BOUNCE SHORT
SHORT 1ST RED DAY
Thanks Dux for the video. It was great learning from you, your speech was clear and straight to the point for beginners like myself. Keep it up! :)
Wow incredible insight in this conference. Your statistics in trading are some that I am implementing in some of my own strategies, thank you for your knowledge dux!
nice refresher dux hell yeah
Thanks for sharing the goods. You did great man!
Thanks for sharing. I am jotting all the good pointers on my notes.
doing that now. howd it go?
非常感谢你的视频，从你的视频中我看到了这两年炒股所犯下的很多错误，你总结得很好。很难相信一个没有经历过很多loss的trader能总结那么具体的经验教训。如果能早点看到你视频，可能也不会亏5万刀了。T-T
Yuting He egf kuegwy ulew eşjfkwhvouwhrıoewh ejbfkjsnfluıg jwbfkhjbfeeu laejhvfıelysgıufgev. Iuegıufbsejvb. Seıgfıyegıfg ???
@@brutalgamez2758 Yes, you are Brutal.
@Yuting He 你还在学着他的strategic吗？
I love when people like him explain things.. He doesn't sound these other guys.. The other guys sound completely like scam artist...
And yet Tim isn't a scam artist. Lol
@@victorbf124 he learned from Tim Sykes. That guy sounds a lot like a snake oil salesman but he’s probably the real deal.
exactly. he actually has a brain.
they were to busy studying calculus and how to solve for x. finally they get knowledge that they need.
Kinda true loo
that was great! Does anyone know the differences between his two programs, the duxinator and, trading techinques?
Amazing upload Steven! Thanks for sharing this!
Thank you very much Steven, for this very useful video.
Outstanding.......... Summary.. Have $25K which allows you to day trade. Open a margin account.. Trade low price stocks that gap up huge because it's more than likely the price will come down.. Set very tight stop so you can keep losses very small. Awesome video.......
Is this as simple as it sounds ? :D
Good speech, thank for the sharing, Dux.
Great video, thank you for sharing
Can you set a stop loss for shorting? And can a gap up be bypassing this stop loss and still screw you over big time?
Awesome! Very Informative! How long did you study penny stocking before you start real trading?
a day
Watching all of your 📹
How do you know ow when you start seeing weakness in the stock ?
Through experience of seeing thousands of tickers fail.
Steven Dux is probably studying right now...
On his $5,000 desk🤑
Can u suggest me basic book for technical analysis?
I always knew I could make money by shorting stocks, but I’ve always been stuck in a small funded account. If margin, only 3 day trades a week, plus not enough money to short. If cash account, which I prefer with small account, I can’t short, but at least I can keep trading as long as I have tradable funds. In 2 days the funds are back. So, I joined a stock picking group led by someone who is good at picking short term long trades. Time will tell, but I can at least learn from him. Gotta learn to be successful going long first before account is built up over $25,000. My trades are only $100 at a time. So it’s slow process.
great video but I did get a little confused. you said we should do what the other 90% is NOT doing. but towards the end of the video you also said to be on the same side as the majority of the people... if more people are going long then we should go long and vice versa.. can you clarify ????
Yon Ambaye he meant not to repeat the mistake that 90% does
trade with the smart traders that know what's actually going to happen, smart money has the big money follow the big money and the rest of the 90% give the big money there profits
Awesome! I learnt a lot!
Hi Steven, what percentage of people who joined your classes AND become successful day traders? Thanks!
10k acct, max loss 1k. I believe 500 shares at $2 was meant, not 5,000 shares. 1k position size, 1k max loss
What strategy did you focus on to build your data sheets around?
whats the difference of tier 3 students and freedom challenge student?
I spotted this pattern a few months ago.....currently learning how to play it. My broker does not allow me to short, so I bet on the next increase.
what kind of brokerage does allow shorting? thats just stupid
Has he said what his risk/reward ratio is?
What trading software are you using ?
Gracias viejo Steven,que facil lo haces ver
Second time watching it! Thanks Steven
what is that software you're using to look at the market?
What platform do u recommend using for shorting outside of usa? And usually when u short, how long before u need to cover back the stocks? TQ. From Malaysia.
Webull
@@dontreadmychanneldescripti7104 I think Webull is only for US residents.
anyone know how to find out which exchanges we can short specific stocks on??
Nasdaq
great video! keep up the good work
Thank you very much Steven!
Confident +
OverConfident -
Risk management (cut looses) it's the key
Are you going to have any conference in Calufornia?
every time I watch your videos in the ending music I think I'm inside a fancy store lol
Great vid and thanks!
I'm still confused how how you make money on stocks going down. lol
Need to google it real quick.
Me too. It's related to shorting somehow I think.
@Neil Pinto does that even work? Why would ur friend again buy from you?!
@Neil Pinto Oh that's makes sense now😅
Learn quite a bit. I will work on it. Need to review info.
great talk cant wait to learn and start growing my money
Good day Steven, how does one get mentored by you and how much does it cost.
When one wishes to be mentored by me. They check the links available under all my social media. At that point they apply to be one of my students. Only a few will be selected. stevenduxtrading.com/expired1 The prices vary in the services provided.
what data do you track?
what does he mean by avoiding a stock that has zero resistance ahead? 36:27
Damon Tan means there’s not enough volatility and/or enough data
High Mountain Trader i see, thanks for the clarification. Since there isn’t any ceiling it is a bad idea to short it cause you are not sure how high it will continue to go?
I saw as an example Apple had hit its highest, yet some people were thinking "oh its gotta go down". There were no previous histories of higher levels, so there is no support or resistance lines that can be drawn. Usually those lines, support or resist the stock from moving further down or up, respectively/ So better to err on there's no ceiling then "its gotta go down"
Amazing video brother. You are great. 💐💐💐💐🎂🎂🎂🎂
Are you always doing seminars or do you sometimes offer training?
just watch his youtube channel. tons of content
Hey should i invest in the aurora cannibus industry in canada?? If not what ones should i invest into that cheap right now
I noticed you love SHORTING stocks, based on your premise, does SHORTING have more chances of winning than going LONG?
@Manuj Madan in the current market shorting kinda sucks. So it depends.
No hate just a word of advice. Make sure someone proofread your slides before presenting. There were a few spelling errors.
koolyo2foots thx for advice will try to improve next time
Steven Dux no problem, well done presenting
he speaks like 4 languages and has millions of dollars. i think we can give him a pass on this one.
Steven is a young genius. Well done :->
@@teebone2157 Yeah but he's still smarter than most people
hey Steven how did you increase your share size when you first started?
Awesome vid
I am new to shorting, I understand that is betting against the stock , but when a shit company sky rocket for the wrong reason, who the heel would want to accept that bet?
Awesome video!
Hello Steven, do you swing trade or day trade?
From all the videos I have seen of his, he doesnt like to hold his trades from day to day. With his initial 27,000 dollars he put into an account, he was able to day trade without hitting PDT rule.
Thanks dux
If you are shorting a stock you are basically doing the opposite of everyone else? How do you make profits from your stock losing value? That sounds very backwards to me.
youre borrowing the shares from the broker at the current price giving him back when its lower, say you borrow 100 shares @ 10 dollar per share = 1000 dollar and close your position at 7 dollar per share, thats 300 dollar profit for you or 30%, so its like buying low and selling high just backwards
I said till i receive any payout from using payden's services before i say anything to anyone, well it was the third last night, glad i started my investments.
How? do you mean he trades for you or how else, please i'm interested.
I use payden's services too, been 2 years investing with him on my side too, he's ever consistent.
*Alecpayden (a) gm ail com*
He trades for me and handles my entire trading portfolio.
Thanks for the recommendation and sharing his link, real glad i came across this now.
I liked the MattiO cameo in the beginning.
"Avoid stocks under 2 million float." Now I know what stocks to go long on.
under 2m float stocks are the big big winners though lol
Do not try to short...to risky
@@TheFunSheet Yeah but for Dux strategy is not, which his primary strategy is to short the stock. For us bullish going long/scalp traders, we want the float to be low enough to inflate the price via low supply and HOPEFULLY high demand.
@@Viewer13128 No, when Dux was saying to avoid low float stocks he meant it in the perspective of a short seller. Low floats are usually safer for long traders.
@@Viewer13128 No, not at all. Often, penny stocks have relatively high floats. Nothing is safe, risk is part of the market. So when I said safer on my previous response, I worded that incorrectly, I shoud've said it has a higher chance of a positive outcome for long traders.
Well...Good Luck to your Followers
nice one steven
Thank you!
有機會初一些中文的DVD or video 嗎?
Frank Shen 您好！我们是有中文版DVD的，现在新DVD也在预售中，到时同样有中文字幕～可以访问网页：www.stevenduxi.com/high-odds-penny-trading/ 了解详情！ 感谢支持
@@stevendux 兄弟你的中文DVD页面404了。
兄弟你学了两年了吗？
Does anyone know what platform he uses to trade? Great stuff
i think he uses tradezero. if you have any robinhood stocks, you can transfer them to TOS(thinkrorswim by ameritrade). TOS is a paid app. Unlike robinhood which is free, TOS has a cap of deduction like around 10$ no matter how many shares you buy. Robinhood on the other hand, the app ITSELF is free however they charge you when you BUY or SELL stock. They take a lot. Plus if you pay for their premium, you're only contributing to robinhood profits. TOS is way better imo. Also Mr. Dux briefly discussed his opposing views of robinhood in an interview
thank you
Would like to know what is the best broker for shortings, any suggestions?
Steven Dux mentioned Interactive Brokers for shortings. He said it works best with that approach. I saw a video of Him mentioning it, but I cannot remember the title of the video. Hope that helps
Very true talks better than these guys out there, but I have a question are you trading shares or options
Shares
thank you nice DUX
what about indian market
Why is the thumbnail you pointing into space
Do you still use Profty ?
LOL
anyone know what the song is at the end
do you know the intro song