How to Make $500 a Day Trading ONE Stock | Live Scalping 004

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  • Опубликовано: 19 окт 2024
  • 🎓 Trade with me: www.firesidetr...
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    LiveScalping documents my journey trading with a full time job to trading as a full time job. You'll get to see all of my live setups with commentary on my thoughts of the price action trends. The huge volatility on this gap down Friday presents us with over 12+ setups today!
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    DISCLAIMER: These videos are for educational and entertainment purposes only. There are inherent risks associated with investing in securities and other financial instruments. Please carefully consider whether trading is suitable for you given your current circumstances, knowledge, and financial situation.
    #DayTrading #FiresideTrading #MichaelChin

Комментарии • 4,1 тыс.

  • @AnnaOllsson
    @AnnaOllsson Месяц назад +304

    I’m not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

    • @HildaBennet
      @HildaBennet Месяц назад +4

      The market is volatile at this time, hence i will suggest you get yourself an inv-advisor/coach that can provide you with entry and exit points on the financial assets you focus on.

    • @FinnBraylon
      @FinnBraylon Месяц назад +1

      I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for inv-coaches sky-rocketed by over 41.8% since the pandemic, and based on firsthand encounter, I can say for certain their skillsets are topnotch. I was able to raise a whooping $4.5M that set me up for a comfortable retirement after 5 years of subsequent investment. Exactly cost me $800k capital, was confident enough cos funds where in my trading account.>

    • @JosephineKenney
      @JosephineKenney Месяц назад +3

      profits from the forex market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional passive income in addition to dividends, you will be able to live off of profits without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than “$600K” in dividend stocks through my asset manager and will continue to do so until the price falls even further

    • @FinnBraylon
      @FinnBraylon Месяц назад +2

      I’ve felt like an outsider looking in since I first bought dividends kn 2018. I planned to do more research and increase my earnings but I got lazy and forgot. So now its time to stop being stubborn and. Ask for help. Can you tell me where to get answers?

    • @JosephineKenney
      @JosephineKenney Месяц назад +2

      Her name is “Sonya Lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

  • @David_prod-eNGee
    @David_prod-eNGee 3 года назад +126

    Holy cow, the bots are popping off on this comment section.

    • @TitanRD
      @TitanRD 3 года назад +6

      Agree, this is bullshit, im tierd of this guys

  • @codingmutant9066
    @codingmutant9066 2 года назад +10

    bro i like you, you dont talk much you are straight to the money and that is what all of us need thankyou

  • @michaeltate3236
    @michaeltate3236 3 года назад +168

    Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.” “Money is just something you need in case you do not die tomorrow. Let this is a reminder for you not to obsess over profits and losses.

    • @masonwilliams5322
      @masonwilliams5322 3 года назад +4

      There are a million ways to make money in the markets. The irony is that they are all very difficult to find.

    • @leaandersonlea4175
      @leaandersonlea4175 3 года назад

      Yes, through online investment

    • @mfuphigugulethu9318
      @mfuphigugulethu9318 3 года назад

      I get paid directly to my bank account

    • @jasparolucky1312
      @jasparolucky1312 3 года назад

      What do you mean?

    • @mfuphigugulethu9318
      @mfuphigugulethu9318 3 года назад

      Unlike, other past traders I worked with, he asks you what media you would like to receive your profit

  • @whatapp-tm6gd
    @whatapp-tm6gd 2 года назад +209

    It's nice to see the experienced persons in passive income share their experience and knowledge.

    • @frankedusolutions8535
      @frankedusolutions8535 2 года назад

      Yeah exactly. It is really nice. I earn 250% income on my trading thanks to getting the right information.

    • @johnsonbenjamin9639
      @johnsonbenjamin9639 2 года назад

      Please I have been trading for a while and I don't seem to be able to cut it.

    • @whatapp-tm6gd
      @whatapp-tm6gd 2 года назад

      I am still surprised that there are people who haven't availed themselves to the various opportunities on the RUclips or social media.

    • @frankedusolutions8535
      @frankedusolutions8535 2 года назад

      Exactly but I am not surprised because I too just started profiting from it. ..

    • @johnsonbenjamin9639
      @johnsonbenjamin9639 2 года назад

      Please how can start getting money from my trades.

  • @jenniemcneil7821
    @jenniemcneil7821 3 года назад +45

    An investment in knowledge pays the best interest."

  • @danieljamal3709
    @danieljamal3709 3 года назад +168

    Most of us tend to pay more attention to the best positions in the market to the cost proper diversification. Picking the best stocks requires a lot factors and seems daunting for beginners like myself.. From my own point of view, you need to invest smartly.

    • @wangyong9469
      @wangyong9469 3 года назад

      It's a sick game but you learn to play or stay poor for life.

    • @veramonique1724
      @veramonique1724 3 года назад +1

      It's sad that companies only provide 495k in stock markets that crash every 5-10-15 years.. This just steals so much of hard working peoples life savings and it's disgusting. I hate it but you either understand the machine or you are just numb to it when it happens..

    • @georgecooper8750
      @georgecooper8750 3 года назад

      Most people remain poor & broke only because friends and family relatives discourage & advice them against investing while the wise ones keep investing and grow higher in wealth

    • @henrygarcia1792
      @henrygarcia1792 3 года назад

      I've been in the shadows for long now i want to know how to invest...

    • @danieljamal3709
      @danieljamal3709 3 года назад

      it will best for you to use an Expert .

  • @recadolax872
    @recadolax872 3 года назад +65

    Honestly, this is where my question lies I have lost $500 in trading. How can I be oriented or educated about forex trade.

    • @ayinde6746
      @ayinde6746 3 года назад +1

      Trading alone is quite risky and less profitable for you due to confusion in the price fluctuations

    • @moderndifference7654
      @moderndifference7654 3 года назад

      How does this bitcoin stuff work,like steps and processes to be taken?

    • @beckhamalexis7093
      @beckhamalexis7093 3 года назад +1

      @Muller Grayson yes you’re absolutely correct

    • @williammoore3111
      @williammoore3111 3 года назад

      Do you trade Bitcoin

    • @recadolax872
      @recadolax872 3 года назад

      Interesting how do I go about that?

  • @_rami_745
    @_rami_745 4 года назад +146

    To anyone who works a full-time job and also wants to trade: Use momentum trading to your advantage. Maximize the hour or two you have before work. Scalping can make you decent money, but Momentum Intraday trades are more efficient as you can make more money in a much shorter amount of time. This is a personal input from someone who has been day trading full-time for 8 years and has basically tried every style of day trading out there, including scalping. Scalping is less stressful but it also takes longer to make the same profit, so it's all up to the person.

    • @feiyi3442
      @feiyi3442 4 года назад +1

      The Iron Sheik thanks for your idea

    • @bestforexmethod3crScalping
      @bestforexmethod3crScalping 4 года назад +1

      You can make £1000s in seconds scalping the markets. Check out Aussies thread on Forex factory. Digger1 on that thread made 110,000 us dollars in one trade on march third 2020. He shows live account details.

    • @_rami_745
      @_rami_745 4 года назад +5

      @@bestforexmethod3crScalping I never said you couldn't make big bucks scalping, but Momentum Trading just gives opportunity for big wins alot more often than scalping does. Each person has their preference, but if you wanna get big wins more often, Momentum Trading will just give more windows.

    • @bestforexmethod3crScalping
      @bestforexmethod3crScalping 4 года назад +5

      @@_rami_745 Thanks for your reply . Did you take a look at Digger1's posts on Forex Factory, he shorted gold March 16th 2020 with a 1000 lots and made 668,000 US dollars in a few minutes. Just one of 50 or so trades he takes every day and he does it as a part time job. He is a full time farmer.

    • @zarfanhussain
      @zarfanhussain 4 года назад

      @@_rami_745 Do u mean to use fundamental analysis?

  • @seanbaker2577
    @seanbaker2577 4 года назад +20

    Scalping is the number one method to consistent profit yet the one method few choose to use.

    • @JoeOf91
      @JoeOf91 4 года назад +2

      well it's hard to scalp if you work regular hours can't be staring at charts

    • @gutterboyy6141
      @gutterboyy6141 Месяц назад

      scalp and swing trades are the best if you have enough capital

  • @NCAAhockeyplayer
    @NCAAhockeyplayer 4 года назад +7

    This kid is a fukcin beauty. Never seen anyone just snipe peoples stops like this so consistently

  • @deshsharma2277
    @deshsharma2277 3 года назад +16

    *_why you have a full time job when you can make 30K a month with 5-6 play 2 hrs a day?? hard to believe, you made this money so easily and have a full time job._*

  • @christopherwallace170
    @christopherwallace170 2 года назад +80

    • @christopherwallace170
      @christopherwallace170 2 года назад

      You can reach

    • @davidgregory7742
      @davidgregory7742 2 года назад

      My colleague is increasing his portfolio with Michael Charles strategy so i believe and trust it, i can't wait to get my paycheck and buy bitcoin and then start.

    • @davidgregory7742
      @davidgregory7742 2 года назад

      Yes investing in Forex and Crypto is profiting. Forex is the gold...

    • @antoninkoch6015
      @antoninkoch6015 2 года назад

      Another good one, Michael strategy is so helpful. I didn't expect to get this much direction in the market.

    • @sherwincardente1541
      @sherwincardente1541 Год назад

      @@davidgregory7742 who is Michael Charles?

  • @jameschristopher3496
    @jameschristopher3496 3 года назад +22

    Investment are stepping stones for success. Waiting for the government to provide is a big waste

    • @ferdinandprifti9019
      @ferdinandprifti9019 3 года назад +1

      Well said investing is good but investing in the right thing is the actual key to success.

    • @myftiuflavio9339
      @myftiuflavio9339 3 года назад

      The right choice of investment has always been a big problem for me because I know that picking up the wrong investment will leave a big scar in the future...

    • @gersikola538
      @gersikola538 3 года назад

      Investing in Bitcoin is another way of ensuring steady cash flow, I've been earning every week for a year now.

    • @genciduro6392
      @genciduro6392 3 года назад

      Is about ten months now I started investing with Christine Morgan and it's been a good experience all through....

    • @larissaeckardt1391
      @larissaeckardt1391 3 года назад

      It feels good to know that we still have trustworthy people like ma'am Christine Morgan, I'm very delighted I was transformed through her platform God bless her abundantly

  • @kickflip407
    @kickflip407 Год назад +13

    Really wish Michael would come back and teach us more!

    • @codingmutant9066
      @codingmutant9066 Год назад

      hey sir.. where is he? he hasn't posted for 2 years man.. hope is ok.

    • @kickflip407
      @kickflip407 Год назад +1

      @@codingmutant9066 probably making so much money he realized RUclips was a waste of time

    • @codingmutant9066
      @codingmutant9066 Год назад

      @@kickflip407 i can agree with that.. what a waste for us. i have learned 60% i know on trading from him.

    • @AYEEYOBEASTBOY
      @AYEEYOBEASTBOY Год назад

      @@codingmutant9066 has he really helped??? What advices or videos has he put up?

  • @randyrodriguez2481
    @randyrodriguez2481 10 месяцев назад +1

    Brilliant! Love the clarity and simple flow. Thank you for sharing.

  • @pdvs5112
    @pdvs5112 4 года назад +3

    Again, great lesson and tips, but what are you focusing on that indicates to take the trade(s) in their respective directions? Is it the wick(s) or body of the bar?

  • @derekcashin1066
    @derekcashin1066 4 года назад +6

    Omg you are the one I’m looking for, break your decisions into details. You are literally giving knowledge for free. This kind of videos are going to help me.

  • @stevenstade4149
    @stevenstade4149 3 года назад +222

    This is a very good video, but it's not simple to learn a beginner with 1 or a couple of trading videos to make money like you.
    There is much more time and wasted money needed for them to be on your level. Beginners shouldn't indulge in something like this!

    • @matteodunham4048
      @matteodunham4048 3 года назад +1

      Yes, it's true! Unfortunately, there is no safe way to make money by trading.

    • @stevenstade4149
      @stevenstade4149 3 года назад

      @@matteodunham4048
      There is a safe way, some traders are looking to be sponsored and trade with people's money.
      They can take % of your winning, but also they offer to gives you back 20% more of the amount you invest.
      I talk about certified brokers and traders.

    • @christopherjoseph9399
      @christopherjoseph9399 3 года назад

      @@stevenstade4149 Do you know for some traders in which you can invest? And if I understand you, they gives you back 20% of money you invest no matter if they lost or win?

    • @stevenstade4149
      @stevenstade4149 3 года назад

      @@christopherjoseph9399 Yes, I know one guy named Daniel. Yes, you understand me well.

    • @christopherjoseph9399
      @christopherjoseph9399 3 года назад

      @@stevenstade4149 Where we can contact him?

  • @Spitfireseven
    @Spitfireseven 4 месяца назад

    These are such pleasurable videos to watch. You have to know what is going down. It takes more than one watch. Mike you know how to take a subject that can be banally boring and turn it into something fun. Sticking to just the 20 ema is refreshing. Piling on the indicators is visually interesting. It can be unusefall. It can really crowd the screen. You don't need the MACD. It is very interesting to see that not featured on a chart. I guess when you know what is happening there is no reason to have it.

  • @BuffaloDogTraining
    @BuffaloDogTraining 4 года назад +10

    Hi Michael, Thank you so much for these videos, I have learned a ton from watching you trade. I have been swing trading for a while, but new to day trading. You have a great presentation style.

    • @thiensu1958
      @thiensu1958 4 года назад

      what software are you using? and which broker?

  • @stevenpaul4394
    @stevenpaul4394 2 года назад +30

    My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up.

    • @faithcarol9166
      @faithcarol9166 2 года назад

      Hello, I'm new to Bitcoin trade and I've been making huge losses but recently i see a lot of people earning from it Please can someone tell me what to do?

    • @mariewoods4193
      @mariewoods4193 2 года назад

      The new digital gold has created a new trillion-dollar's opportunity around the world! Where do you think your country is headed for

    • @adamnathan6744
      @adamnathan6744 2 года назад

      All you need is a professional trader to avoid making losses

    • @terryarthur5148
      @terryarthur5148 2 года назад

      That is true, you need an expert broker and account manager to make good profit from Bitcoin trade.

    • @johnmark8996
      @johnmark8996 2 года назад

      Trading on your own is very risky, many people have lost a lot trading for themselves

  • @bigmack10
    @bigmack10 4 года назад +125

    You must really like your full time job to be doing that when you have great success doing this.

    • @mattdathew2794
      @mattdathew2794 3 года назад +34

      he's a con. no body would do a full time job when they can get hundreds in minutes

    • @mattamagiera
      @mattamagiera 3 года назад +10

      Health insurance is key

    • @bladieblaat23
      @bladieblaat23 3 года назад +11

      @@mattdathew2794 My job is challenging, interesting and it makes me feel good because I am very good at it. It pays quite good also. Spending an entire day looking at graphs because you can live of it shrinks your brain. It's the dumbest thing to do. People that actually make big bucks don't waste their time on uploading crap vids on youtube...

    • @mattdathew2794
      @mattdathew2794 3 года назад +14

      @@bladieblaat23 ​ By the way you can also make big money trading. But I wouldn't call this a trash vid considering that I feel I got so much from it. It also looks like the maker enjoys making it from the way he presents & talks

    • @MostIntelligentMan
      @MostIntelligentMan 3 года назад +9

      @@mattdathew2794 lol i could retire, but for what to do nothing? not everyone hates their job

  • @floki6481
    @floki6481 4 года назад +1

    I like how he is concise. If I don't understand his explanation I simply pause, research, and return to Michaels video with a greater knowledge base for his strategy's. Him being concise can speed up the learning curve because it takes less time to review his videos. But you have to pause and learn the details when your lost.

  • @bigdogg1206
    @bigdogg1206 4 года назад +3

    Hi Mike! Trying to figure out how you do your risk/reward. You take a pt at 150$ profit and then how many contracts do you leave to run? What is that risk/reward %? 1 to 1 or 2 to 1? Where do you place your stop loss? It all happens kinda quick and I can't see what is going on.

  • @tomcha75
    @tomcha75 4 года назад +9

    Watching this again and again and again. It's almost a lesson in psychology.

  • @markblandkelly
    @markblandkelly 4 года назад +170

    "$150 in one second"... I dont think iv ever heard a better quote

    • @barthoIomewcoIt5539
      @barthoIomewcoIt5539 4 года назад +1

      TRY $1.50 IN 1 SECOND!!!

    • @kakarottoriyama
      @kakarottoriyama 4 года назад +13

      one contract of e-min s&p 500 is $13,200 each and a tick is 12.50 3:17 you can see he buys 4 contracts thats an initial margin of $52,800 to make 1700 so dont get it twisted thinking he got a $2000 account

    • @Enielm
      @Enielm 4 года назад +3

      @@kakarottoriyama Hey, trying to learn futures trading. i did think the 150 in a few seconds is too good to be true, like there's a catch and in this case you said $52 800 initial is needed. So how much would i need to make say $100 a day

    • @skiwithgabe
      @skiwithgabe 4 года назад +3

      @@Enielm this is where research comes in handy. gokutail has no clue what he's talking about. NinjaTrader requires $500 per contract. That means with 3 scalpers + 1 runner he's keeping $2,000 in his account at all times.

    • @kakarottoriyama
      @kakarottoriyama 4 года назад +4

      @WorstBest5 (gade) is talking about is called (intraday margin) but i would not use this unless you got the full initial margin because if thing go south you would end up owing a lot of money to the broker my point is don't trade a 13k contract on a 2k account unless you really know what your doing, now if you already have 13k then yes its a good idea because you got the money to back up the amount of leverage your taking on. P.S you can make $100 a day easy with 2k or 3k account trading micro gold which is $902 per contract right now. i recommend opening up a practice account first

  • @ljksn
    @ljksn 3 года назад +1

    Cool! Are you buying options or individual shares of stock?

  • @lindamccall5291
    @lindamccall5291 4 года назад +60

    Wow! What a day in trading. I would love to get to this point where I can make $500 - $1000 per day. Thanks for the video.

    • @MichaelChin
      @MichaelChin  4 года назад +28

      Thanks Linda! It's going to take some practice, but it's not out of this world to be making $500 - $1,000 a day

    • @rajendrarao3057
      @rajendrarao3057 4 года назад +14

      Linda McCall -all he was doing is scalping the market... you just need some practice and understanding about market and who is in control of the market during the time given.. are bulls in control or bears are in control right, than u take the trade....

    • @lindamccall5291
      @lindamccall5291 4 года назад +4

      @@rajendrarao3057 Thanks Rajendra rao.

    • @qaissaif7905
      @qaissaif7905 4 года назад +3

      @@rajendrarao3057 what are bulls and bears?

    • @liamhorvath7053
      @liamhorvath7053 4 года назад +5

      @@qaissaif7905 bullish - rising prices bearish - falling prices

  • @mohamedm9280
    @mohamedm9280 4 года назад +52

    I can tell for a fact Most people will will still loose money due to improper knowledge on how the liquidity providers manipulate the Market charts

    • @teresaedward2238
      @teresaedward2238 4 года назад +9

      Good one here, I find it more profitable trading with the help of an expert. experience of the market has won me more profits than I expected. A good risk management is needed before making trades

    • @benjaminkeanu2635
      @benjaminkeanu2635 4 года назад +27

      To everyone out there, I would advice y'all make sure you have a trading strategy before going into trading. Trading is so complicated, It either makes you richer or it ruins you

    • @josepchristoph5024
      @josepchristoph5024 4 года назад

      I’m interested in trading, i need a really good suggestion on expert or professional who can help me benefit in this types of market

    • @benjaminkeanu2635
      @benjaminkeanu2635 4 года назад +5

      @@josepchristoph5024 trading can be a rocky highway to enormous losses and
      potential penury, especially for new traders. I will recommend you contact Kieran James to help you advance

    • @josepchristoph5024
      @josepchristoph5024 4 года назад

      @@benjaminkeanu2635 How can I contact him please?

  • @PictureitPerfect
    @PictureitPerfect 4 года назад +14

    This was one of the best trading videos ever. Super addictive! You're quick, you're open, you have an awesome strategy and you're able to execute it over and over with precision...Will you teach me? Lol.

    • @dean3583
      @dean3583 4 года назад +5

      You are asking him how to grow money on tree. LOL! It's binary trading, you only trade with money you can afford to lose. The system is designed to take your money each transaction a fee. 8 trades a day, that's $160 in fees. Sometimes he has a lucky day like this but most of the time is not that lucky. He has a full time job for a reason. Secondly, the people who sell binary trading platform are crooked middle men dealers, they will make sure you can't cash your profit, the more you play the more you lose. They will trick you with no conditioned loan then wipe out your credit card. There is no easy money. You want to make money in stock market, learn it the Warrant Buffet style. It's fun to watch tho.

    • @smallhabibidecisions9649
      @smallhabibidecisions9649 4 года назад +2

      when his tactic doesnt work he just skips the video forward and records it again at an apparent bounce point... yall brainless

  • @adams5265
    @adams5265 4 года назад +1

    Hey Michael,
    I watched all your videos and opened a ninja account. on the first day of the account was activated: 4-1 Made $587.50 net. thanks again!10/13/2020.
    My setups are exactly as you described on your ninja for beginners setups. 2000 ticks. lol, hope tomorrow is better than today.

    • @casadopovodealcanena
      @casadopovodealcanena 4 года назад

      hey, i'm actually thinking to start trading like Michael.
      Did you learn just from Michael or with others too ?
      Btw what's the deposit minimum ? thanks and good job

  • @markbenjamin7078
    @markbenjamin7078 3 года назад +26

    What an amazing video,this is exactly what I need as a motivation to trade Btc/Fx

    • @lisagottlieb1327
      @lisagottlieb1327 3 года назад

      Determination is highly needed in tradin because only a brave heart is determined to take the risk involved in making great profits.

    • @summercarter7805
      @summercarter7805 3 года назад

      Shorting the right stock at the right time is a good way to make money

    • @cerysferguson8782
      @cerysferguson8782 3 года назад

      People are ignorant of the profitablity in Bitcoin investment and that's been there major issue limiting there investment

    • @edwardsanabria2593
      @edwardsanabria2593 3 года назад

      I wanted tradin but I got confused by the fluctuation on price, everything going up and down. Lol

    • @cyprianfelix8942
      @cyprianfelix8942 3 года назад +3

      @@edwardsanabria2593
      That won't bother you if you trade with a prof company, Been tradin about 4yrs now still on the top of the profit list even with the fluctuation of Btc/Fx

  • @navydayv
    @navydayv 4 года назад +28

    This video made me realize I don't know anything. When you mention bring "trapped" I'm so confused! Need to learn a lot more.

    • @lightspark5902
      @lightspark5902 4 года назад +2

      Same man I want study and learn more so I can trade when I’m 18

    • @vinnymac6741
      @vinnymac6741 4 года назад +3

      It means they can't unless they take the loss.

    • @ayaan5015
      @ayaan5015 4 года назад +7

      when price goes the opposite direction of what you've thought.. then you're *trapped* . a wise trader will exit out their position as soon as possible to minimize losses. and that's when a *legend* trader comes in and make profit off that

  • @mahmoudal-ghamdi1066
    @mahmoudal-ghamdi1066 4 года назад +72

    Good one, there no limit to knowledge on the FX market, traders should have a good trade plan and adequate trading system before engaging the market.

    • @doo-wopsmars185
      @doo-wopsmars185 4 года назад

      All beginner should know these before before entering the market or for better understanding get a demo account before going live.

    • @jenniferburgess9011
      @jenniferburgess9011 4 года назад

      I have been trading on a demo account for four months but when I decided to go live I lost a $500 investment. I couldnt match my trade intensity.

    • @fredricktaylor2952
      @fredricktaylor2952 4 года назад

      Sorry it's just a rookies mistake it happens to 60% successful traders, you should get a trade expert to guide you on your future trades.

    • @andersonphillips3714
      @andersonphillips3714 4 года назад

      @@fredricktaylor2952 do you know anyone that can help me out?

    • @fredricktaylor2952
      @fredricktaylor2952 4 года назад

      @@andersonphillips3714 I suggest you reach Alam Sufia an expert trade analyst, her trade system works for perfectly on my trade and I have been able to earn through his guidance.

  • @grownupcamp
    @grownupcamp 4 года назад +1

    Excellent videos Michael. How much commission do you pay per trade?

  • @wilsoncelebrezze4768
    @wilsoncelebrezze4768 3 года назад +17

    I met Helen Joyce in NY in late 2019. Ever since then it’s been a smooth journey

    • @browncelebrezze5463
      @browncelebrezze5463 3 года назад

      how can we get to her?

    • @wilsoncelebrezze4768
      @wilsoncelebrezze4768 3 года назад

      Get her on the tele gram @helenjoyce

    • @prosserangel2588
      @prosserangel2588 3 года назад

      Investing in crypto currency is the best option now especially with Miss Helen Joyce. Her method works like magic, and I keep on earning every single week with her new strategies

    • @prosserangel2588
      @prosserangel2588 3 года назад

      Investing in crypto currency is the best option now especially with Miss Helen Joyce. Her method works like magic, and I keep on earning every single week with her new strategies

    • @jeannegiuliano667
      @jeannegiuliano667 3 года назад

      How can i get to her???

  • @wussboi
    @wussboi 4 года назад +11

    Hey Michael, what platform broker are you trading on? How are your trading fees structured and how leveraged are you? I just don't get how a 1 point movement on the S&P (say 3201/3200=1.0003 ~~ 3 basis points) can even cover your trading fees % wise. And if 1 point movement is $50 to you that means you're moving ~$150k worth of assets(assuming unleveraged) on each trade am I right?

    • @jamirwalker
      @jamirwalker 2 года назад

      Hey Jeremy,
      Michael is trading futures on the Ninjatrader Platform. Also this is incorrect you only need $500 worth of margin to trade 1 contract of the ES

  • @emilyhowe3359
    @emilyhowe3359 3 года назад +16

    Picking the best stocks requires a lot factors and seems daunting we ought to know. How does the stock market work? It's not hard don't over complicate it.. Having a good entry and exit strategy, alongside a Professional advisor with a good trading system would put you through many day's of success

    • @jakehart9346
      @jakehart9346 3 года назад +4

      a lot of traders lose because they do not know the correct market indices/signals to collate, analyse and interpret before trading, many merely watch these videos, use the strategy they saw that day and pray it works for them without understanding why consistency matters..

    • @emilyhowe3359
      @emilyhowe3359 3 года назад +1

      @@jakehart9346 Spot on!

    • @emilyhowe3359
      @emilyhowe3359 3 года назад

      @Larrisa Hager "Nancy Jane Gluck " is one I'm quite familiar with, I came across her on an investment webinar.. she has a website and everything so you can reach her from there..cheers!

    • @gagnecaron658
      @gagnecaron658 3 года назад

      The wisest thing that should be on every wise individual's list is to invest in different streams of income that don't depend on the government to bring in money especially now the pandemic is hitting the economy pretty hard.

  • @DECIPLESgarage
    @DECIPLESgarage 2 года назад +1

    Where have ya been man!!? Did you quit your job and move to an island? lol. Thanks for the vids they have really helped me on my journey.

  • @Binsabar
    @Binsabar 2 года назад +23

    Okay, good video Micheal but you fail to mention the risks involved. Trading has eased a huge burden from me now I use it as a passive source for income the best thing that has happened to me after spongebob

    • @Noah-pj6tc
      @Noah-pj6tc 2 года назад

      LoL 😆, SpongeBob is good but paying the bills is even better, I am quite new to this and hope to speak confidently too about trading

    • @Noah-pj6tc
      @Noah-pj6tc 2 года назад

      What is your trading strategy or secret please, I want to invest for profitable returns

    • @Binsabar
      @Binsabar 2 года назад

      Well, as a doctor with not much time Mr Arlo Eric is the man behind my success here, he could help you too he's an expert with outstanding skills

    • @Binsabar
      @Binsabar 2 года назад

      Arloeric1(a)Gmai
      Lcom...Is he taking commissions for trades? Yes, I’m I still making money in the process? Hell yes!

    • @Lilyoregon
      @Lilyoregon 2 года назад

      This month I am up € 4000 thank much

  • @NinjaDawnn
    @NinjaDawnn 4 года назад +26

    Your market intuition is just on point! Learning lots watching you keep it up

    • @MichaelChin
      @MichaelChin  4 года назад +4

      Thanks! Happy that I can help you Richard

    • @bambamgolf
      @bambamgolf 4 года назад +1

      @@MichaelChin yes, how exactly do you spot does reversal moments?

    • @ralphgrunz7377
      @ralphgrunz7377 4 года назад +2

      @@bambamgolf I think trying to trade reversals will blow up your trading account. THE ESSENCE of this concept is to pick an entry point in the direction of the previous few bars.... Basically just looking for a pullback and then jumping in on the continuation of that move.

    • @bambamgolf
      @bambamgolf 4 года назад

      Ralph Grunz ok thx. Do mean 2LPB will blow my account or just trading reversals will blow it?

    • @ralphgrunz7377
      @ralphgrunz7377 4 года назад +11

      @@bambamgolf It is very difficult to pick a top or a bottom, and that is what a reversal trade is. The rewards are high if you "guess" right... because that is what you are actually doing. The 2LPB is the smartest way to trade that I have ever seen. It can literally be reduced to a written set of entry rules... don't break your own rules and you will win.... don't chase trades, don't trade against the trend, don't get greedy, take what the market gives you and wait for the next bus to come along.

  • @markschellhammer4663
    @markschellhammer4663 4 года назад +5

    Michael, great video. Is there a video teaching this method? What platform do you use? (I’m on TOS)? How are you trading before the market opens? I am retired so I can trade during the day. My goal is $100-$200 a day. More would be great. What size account will I need to accomplish this? $5,000? $10,000? Thank you.

    • @rainwilson5360
      @rainwilson5360 4 года назад +2

      You seem like a beginner, i can help. I'm also retired and i have a certified broker handling my portfolio, it's quite risking trading without expertise or experience. i make $2,400-$3,000 weekly from just a $15k account.

    • @rainwilson5360
      @rainwilson5360 4 года назад +2

      For more info *(r a i n n w i l s o n 0 2 6 @ g _ m a i l , c o m)*

    • @stephduffy9454
      @stephduffy9454 4 года назад +1

      I totally agree, i started making more immediately i started investing with an asset manager.

    • @markschellhammer4663
      @markschellhammer4663 4 года назад

      Steph Duffy Who do you use?

    • @stephduffy9454
      @stephduffy9454 4 года назад

      @@markschellhammer4663 I work with Mr. John Barron

  • @GamingtimewithYousuf
    @GamingtimewithYousuf 2 года назад

    Thank you very much for your time making this video. what time frame do you use? and what is the Moving Average of 200 or 20?

  • @nome99762
    @nome99762 4 года назад +10

    Great examples--using market replay!

  • @anthonygabriel2177
    @anthonygabriel2177 2 года назад +55

    *DESPITE THE ECONOMIC CRISIS, THIS IS STILL A GOOD TIME TO INVEST IN BITCOIN AND CRYPTO,*

  • @hankflapper
    @hankflapper 4 года назад +10

    Very inspirational. Keep those scalping videos coming!

  • @prkrng
    @prkrng 3 года назад +2

    If you never trade future.. dont even touch emini, you should try with micro.. otherwise you will be surprised how fast your money is evaporating..

  • @RileyColeman
    @RileyColeman 4 года назад +13

    What a day! So awesome how many setups there were.

    • @MichaelChin
      @MichaelChin  4 года назад +8

      Volatility can be your best friend sometimes!

    • @calabaza1702
      @calabaza1702 4 года назад

      @@MichaelChin sure can if you can think fast, just have to follow charts everyday, what time frame are you using here?

    • @matheusvieiramachado1200
      @matheusvieiramachado1200 4 года назад

      @@MichaelChin And your worst enemy!

  • @SPINEVENTZ
    @SPINEVENTZ 4 года назад +18

    this story is like some of my good friends winning at the casino, they will only tell me they won $2000 in one night but never tell me their looses lol.... be careful! you will lose money for sure!

    • @deficator750
      @deficator750 4 года назад

      Yes you are correct this is a good day for him but the question is can he do this everyday for the rest of his life. I wish. So

    • @SPINEVENTZ
      @SPINEVENTZ 4 года назад +1

      @@deficator750 I been trading for a long time, there are good and bad days, but I can't say I will make $500 for sure every day like this guy is claiming...

  • @MSSG1530
    @MSSG1530 4 года назад +11

    More people like Mr Silverster Wilfred Trading would make this world a better place.

    • @timinenoch3192
      @timinenoch3192 4 года назад +1

      Honestly, I need to invest to earn profit. So, who is this guy? Can someone send me his number or something to reach him thanks as you comply.

    • @MSSG1530
      @MSSG1530 4 года назад +1

      yeah you made a great choice you wont regret it , you cn contact him at his mail i got from his site(silversterwilfred@gmail,com>>>

    • @fideliomarco5370
      @fideliomarco5370 4 года назад

      I really lost all before he came to me,and today I'm 11BTC Richer. Something you wanna know, inbox him. he really is an expert in Forex.

  • @_noname_4756
    @_noname_4756 Год назад

    Happy for you my man getting my capital up atm, traded Options now switching over to Futures with a small acc trading the micro E-minis! Thank you for this video!

  • @specsbattle1340
    @specsbattle1340 4 года назад +3

    I will watch this 10 times, thanks bro.

  • @ecom6045
    @ecom6045 4 года назад +6

    That was so fun to watch!

  • @MrDoronMor
    @MrDoronMor 4 года назад +8

    Love your videos! What software do you use to have your orders showing up on the graph like that?

    • @Mojo702
      @Mojo702 4 года назад +1

      Ninjatrader

    • @harrygordon7865
      @harrygordon7865 4 года назад

      What is the recommended acct size? Why did you choose Ninjatrader

  • @utuber13x
    @utuber13x 4 года назад +1

    wow I thought I was just going to hear another pitch, but you are the real thing. subscription earned. super job. I used to do this like a chicken in the forex since it move so much. stocks always scared me because it seems like it takes forever to move but the index you are trading seems to give me the type of movement I liked in the forex. the forex is to expensive to trade with margin, so I will now follow you and grow some guts like you. well done.

  • @tradingthegap7427
    @tradingthegap7427 4 года назад +5

    at 21:10 if you lost those 2 trades you would have given back all of you profit for the day man. I'm glad its working well for you but for me personally I would not trade a system where I give back 6 winners with 2 losers. With that said I enjoy seeing how different people trade :)

    • @MichaelChin
      @MichaelChin  4 года назад +1

      I agree, trading is all about finding a system that works for you. Some people like high risk - high reward, some people like low risk - low reward. I appreciate the perspective :)

  • @themovingaverage6087
    @themovingaverage6087 3 года назад +13

    I make huge profits on my investment since i started
    trading with Ryan Jeffries, her trading strategies are top notch

    • @wendygamboa1993
      @wendygamboa1993 3 года назад

      wow! amazing to see others who trade with Ryan Jeffries,
      i'm currently on my 5th trade with her and my portfolio has grown tremendously

    • @juanyyprnna4766
      @juanyyprnna4766 3 года назад

      This is not the first time i am hearing of Mrs Ryan Jeffries
      and her exploits in the trading world but i have no idea how to reach her

    • @lindacool8870
      @lindacool8870 3 года назад

      As a first time investor I started trading with Mrs Ryan Jeffries with just a thousand bucks. my portfolio is worth much more than that now within just weeks of trading with her

    • @jamesoncarmen6594
      @jamesoncarmen6594 3 года назад

      with the consistent weekly profits I'm getting investing with
      Mrs Ryan Jeffries there's no doubt, she is the most reliable in the market. such a genius

    • @themovingaverage6087
      @themovingaverage6087 3 года назад

      @@juanyyprnna4766
      You can reach her through Telegrm

  • @itsmidtrib1569
    @itsmidtrib1569 4 года назад +38

    If I could even make $100 a month I would be happy. I wanna learn how to trade so bad

    • @JamesWesleyHunt1
      @JamesWesleyHunt1 4 года назад

      take a course lol

    • @siegemoments5580
      @siegemoments5580 4 года назад +9

      Learning on RUclips is so easy, don’t waste your precious money on stupid courses

    • @Hedgeflexlfz
      @Hedgeflexlfz 4 года назад

      @@siegemoments5580 Where on youtube? also, how does he find what stocks he is going to scalp?

    • @FinancialOptionsWithThumper
      @FinancialOptionsWithThumper 4 года назад

      Learn about the wheel.

    • @itsmidtrib1569
      @itsmidtrib1569 4 года назад +2

      I am now making a lot more than $100 a month. Yes you can learn on RUclips for free. Also God blessed me

  • @robmelzer6076
    @robmelzer6076 3 года назад

    Let me know if I'm wrong? So you are trading mini S&P contracts. A mini contract is $50 x the S&P 500 index value. S&P on your screen is running about $3200. So 1 contract would be $50x$3200 = $160,000. You are scalping the spread looking to get 4- ticks(1point). Each tick is $12.50 x 4 =$50 per trade. So each trade, your goal is to make $50/$160,000 0.03125% or more if you get a runner. How much is the broker charging you per trade ($0.65 in & out)? How much margin do you feel is safe to operate off of, ie how much of that $160,000 does the average person put up on margin (borrow for each trade)?

  • @graceboyd1956
    @graceboyd1956 4 года назад +25

    After a succession of payouts investing using *A. Paton’s* services, I focus now on engineering as I’m making even more than I thought I could.

    • @johnsonmchughes8116
      @johnsonmchughes8116 4 года назад

      How does his services work? Does he like trade for you

    • @Arief351
      @Arief351 4 года назад

      It’s been great pleasure working with him for me as well, he’s ever consistent.

    • @graceboyd1956
      @graceboyd1956 4 года назад

      Yes he does trade for me and handles my entire portfolio.

    • @graceboyd1956
      @graceboyd1956 4 года назад

      *Alexpatontrades (a) gm ail com*

    • @veniminsurance3260
      @veniminsurance3260 4 года назад

      Wow

  • @GhostGuitars
    @GhostGuitars 4 года назад +9

    This is excellent, seeing where other people panic and want to get out and taking advantage of that

  • @bryanstone3626
    @bryanstone3626 4 года назад +16

    Great video on telling the trappers side.. I needed that as I find myself trapped in a trade. Great content

    • @Farlid57868
      @Farlid57868 4 года назад +2

      BRYAN STONE you are not alone 😂

  • @ahorse729
    @ahorse729 4 года назад +2

    I like your trading style. You take calculated risks in a very short term. You also have a day job to finance your trading mistakes.
    Those double bottoms start looking like apple bottoms after a while.

  • @YesYourHighness
    @YesYourHighness 3 года назад +9

    Hey Michael. I like how you clearly explain the trading strategy. Very easy to understand compared to a lot of the other RUclipsrs out there. Your course website is very nice as well.

    • @ryenray1235
      @ryenray1235 2 года назад

      are u insane? he babbles the whole time about how other traders got trapped. he doesn't even clearly explain his position and stop loss. if you followed his every move you most have some kind of special ability to understand babbling at 500 words a second.

  • @rainwilson5360
    @rainwilson5360 4 года назад +14

    Just Splendid!!
    I've always known having an expert trade for you is the best, just imagine someone like Michael trading for you.

    • @angelagreen4708
      @angelagreen4708 4 года назад +4

      Professional guidance is quite underestimated in the trading world, starting out I'm working closely with a handful of these professional traders to enhance my understanding of the markets and make better profits. Glad to say it's working.

    • @asiantradinggod8989
      @asiantradinggod8989 4 года назад

      It's working for me i must confess,I'm a single dad, I have other responsibilities and i don't have the luxury of time to trade myself, so Mr Pawel Olson trading for me is just perfect as i don't get to lose and i just keep making more.

    • @rainwilson5360
      @rainwilson5360 4 года назад

      @@asiantradinggod8989 Mr. Pawel trades for you too?
      He's my portfolio manager.

    • @angelfitness3912
      @angelfitness3912 4 года назад

      Asian trading God do you have his contact info?

    • @asiantradinggod8989
      @asiantradinggod8989 4 года назад +3

      @@angelfitness3912 Yes, you can reach him on (profitwithpawel @ g_mail) do well to tell him i referred you 😉

  • @jerrynix5206
    @jerrynix5206 4 года назад +4

    Holy crap 1700$$$ that's awesome man! I hope I get good at this someday.

    • @MichaelChin
      @MichaelChin  4 года назад +2

      If you stick to the strategy, it'll come in time and practice Jerry!

    • @jaysonbrassard3617
      @jaysonbrassard3617 4 года назад

      :;+1(360)-549-4304;,

  • @adamlisbeth1
    @adamlisbeth1 4 года назад +1

    Hey Mike thanks so much, love your vids. Can you tell me where you learned so much about price action? Did you just dive in and learn, read a book/online source? Have a mentor? Thanks!

  • @Bireshprema
    @Bireshprema 2 года назад +15

    When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.

    • @hauwaahmad9606
      @hauwaahmad9606 2 года назад

      You are right, to be a successful person in life require him or her of hard work and time

    • @dustireller3953
      @dustireller3953 2 года назад

      The thing about been successful is working toward it and not going the other way round

    • @tracyholian2944
      @tracyholian2944 2 года назад

      It's obvious everyone is going into investing cryptocurrency especially BTC

    • @samanthalarry1439
      @samanthalarry1439 2 года назад

      Talking about been successful. I know I am blessed if not I wouldn't have met someone is as spectacular as Stacy Griffin

    • @samanthalarry1439
      @samanthalarry1439 2 года назад

      She has helped me recovered a lot from the time I have trading with her

  • @kimdotnet2110
    @kimdotnet2110 4 года назад +7

    good stuff. price action, combined with fibonacci levels can make entries/exits simple and quite precise. i love it when bots are trading.

  • @lawrencel2544
    @lawrencel2544 4 года назад +6

    Michael. You are such a good guy. You are always in the market to HELP traders to get out of their position and move on with their day. Doing good deeds and making money along the way !

  • @AutoFOCUSED.
    @AutoFOCUSED. Год назад

    I wish this guy would come back man. I've learned so much just from his few videos.

  • @Jessica-mp4is
    @Jessica-mp4is 2 года назад +15

    in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency.

    • @Hus43
      @Hus43 2 года назад

      I'm making a whole lot of profit off trading stock. at the same time, I'd like to invest in forex and Bitcoin as i heard it's really happening

    • @Eric-lr2ko
      @Eric-lr2ko 2 года назад

      Bitcoin has been the most profitable investment online, if only you could trade with professional broker. that we work you through the process needed.

    • @techlead9748
      @techlead9748 2 года назад

      wow I'm shock someone just mentioned and recommended, expert Mr James Lucas.

    • @princemaly5331
      @princemaly5331 2 года назад

      @@techlead9748 you don't need to be shock because I'm also a huge beneficial of expert Mr James Lucas.

    • @ahmednjidda1728
      @ahmednjidda1728 2 года назад

      I have heard of expert James Lucas I think saw it online, as I was making a research on something.

  • @Longtermtrading
    @Longtermtrading 4 года назад +7

    Double top pattern at 2:18 could’ve taken it as a bearish market for long term short

  • @aranhodge4920
    @aranhodge4920 4 года назад +21

    I know a lot of people are scared of the market crash. Trust me it won’t last forever, we should be expecting an upsurge anytime soon. I will drop some few stocks my portfolio manager suggested i add to my portfolio…. Good luck everyone (VIAC, USMV, SQ)

    • @candyannie6812
      @candyannie6812 4 года назад +1

      I’m grateful for those picks especially USMV and VIAC which seems to be moving up for the past 3Days. I think i should buy them now. Thanks so much.

    • @stephenbruce8870
      @stephenbruce8870 4 года назад +1

      Who is your Portfolio Manager, what platform does he/she use in trading?

    • @aranhodge4920
      @aranhodge4920 4 года назад +1

      My P.M (Mrs Lilian Wan) is an affiliate of TD Ameritrade, she uses her expertise in maximising the profits in my portfolio.

    • @beckydonnelly3303
      @beckydonnelly3303 4 года назад +3

      I’ve lost a fortune on trading and i don’t think i can go on trading for myself. Robin hood has trusted me this past months, at this point i need professional help. I will really appreciate if you can link me up with your Portfolio Manager.

    • @rajveerparrish4840
      @rajveerparrish4840 4 года назад +1

      I’ve got SQ in my handpicked ROTH IRA, it is dropping but there’s no harm in buying when low because it won’t stay LOW forever i’m expecting upsurge soon too!

  • @tonymendoza4346
    @tonymendoza4346 3 года назад

    exciting to watch, and can see how much fun you are having making the $$. so how dos someone get started , what program are you using.

    • @prkrng
      @prkrng 3 года назад

      FYI: beware it is high risk, try micro.. if you really want it.

  • @andreikelly6198
    @andreikelly6198 3 года назад +24

    It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.

    • @albertrosemary8867
      @albertrosemary8867 3 года назад

      Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

    • @luisbest3789
      @luisbest3789 3 года назад

      Investing in bitcoin is the best investment anyone can do this year 2021. Because bitcoin investment has made so many people Millionaire. Mrs Florence Davis is legit and her method works like a magic i keep earning every single weeks with her new strategy

    • @imekulouis6126
      @imekulouis6126 3 года назад

      wow I am just shocked someone mentioned expert Mrs Florence Davis I thought I'm the only one trading with her

    • @thomasdeborah4903
      @thomasdeborah4903 3 года назад

      I think I am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Florence Davis

    • @MichaelWilliams-fd3ho
      @MichaelWilliams-fd3ho 3 года назад

      I think that she is the best broker I have ever seen

  • @audreyandriana1968
    @audreyandriana1968 3 года назад +51

    Forex trading is very profitable if you trade with the right platform. My forex investment now yields a $12k profits on every $6k capital invested. Investing is the key that makes the rich remains richer and the poor becomes rich. It's better to invest your money and have it work for you than having it lay around the corner.

    • @repliedbajapanesewithhanak6676
      @repliedbajapanesewithhanak6676 3 года назад

      Investing in the right platform/assets is all that matters. It's better to earn at least 5% ROI on your investment than save and have 0% profits.

    • @admin3427
      @admin3427 3 года назад

      Most people wants to invests but find it difficult to invest in the right platform/assets. Some investment turns out bad, that's where the real problems lies, I'm very much interested in investing if only I can find the right platform/assets to invest.

    • @wilsonfred7863
      @wilsonfred7863 3 года назад

      *Audrey* , under which platform do you invest in. If I'm correct about the calculations above, your total is $18k. If so it has a great ROI.

    • @audreyandriana1968
      @audreyandriana1968 3 года назад

      @@wilsonfred7863 Yeah absolutely correct, I go for long term investment like (forex, stocks, gold's, options, crypto's etc) and I invest under Expert Rex Coleman platform. Mr Rex Coleman is my expert broker.

    • @helenegrey2441
      @helenegrey2441 3 года назад

      Investing plays a major role in financial freedom but it also has to be done right in order to be profitable. It's been said that working with an expert has proven to be more successful. I personally work with Expert Rex Coleman and it has been very profitable.

  • @DubLL
    @DubLL Год назад

    I just followed your strategy in scalping options, I've been very unfortunate with them recently, but replicating some of the things you do has actually had a huge benefit for me! I don't have too much money, but I ended up making a quick $20 in about 5 minutes!

  • @antianti4331
    @antianti4331 4 года назад +16

    What software is it? Looks very convenient.

    • @bp2-7
      @bp2-7 4 года назад +4

      NinjaTrader

  • @Chris-Williamson
    @Chris-Williamson 4 года назад +12

    Binary trading options are like any other business, but in this case more sophisticated and advanced. When you invest, your money goes through the market and is used for trading. A professional like Mr. Williams Smith knows how to trade these currencies with years of experience and software available.

  • @cricrielectro
    @cricrielectro 4 года назад +18

    You make this look so easy! I'm lightyears away from being able to do this, I'm just gonna buy and hold lol

  • @dodgeguy6988
    @dodgeguy6988 Год назад

    what do you mean about setting the candle at 2000 ticks, is it for demenstration for this video for faster speed? or you have it set that way in live trading? im confused..great videos by the way, im learning from you..thank you

  • @starfaith8
    @starfaith8 4 года назад +3

    This was overwhelming, but glad you made $500!

  • @Brianef03
    @Brianef03 4 года назад +13

    Bro thats dope how you do trading, im new trader, you do it in short really quick, i would like to learn how to do that, wich platform do you use and what time frame chart?... peace

    • @eddyvideostar
      @eddyvideostar 4 года назад +1

      To B. Master E: You need to take dope to take away the stress, pain, and disappointment from seeing your greenbacks rolled up and smoked.

    • @siegemoments5580
      @siegemoments5580 4 года назад +1

      He uses ninja trader on the 2000 tick chart :)

  • @guitar556100
    @guitar556100 4 года назад +4

    I’ve probably watched every live trading review you have a dozen times each. Learning a lot all the time and my paper trading account is green. Fantastic videos

  • @ElsaAndAnnie
    @ElsaAndAnnie 3 года назад

    Wow!!! That’s the best scalping I have ever seen!!! Great video!

  • @Crozera
    @Crozera 4 года назад +5

    Very helpful videos, great job! One question tho. Why do you still have a full time job when you´re so good at trading?

    • @MichaelChin
      @MichaelChin  4 года назад +9

      Thanks Erik. I'm pretty content with what I've got going in my life, and I enjoy my full time job. At some point I'll probably decide between the two lifestyles

  • @allpal3077
    @allpal3077 4 года назад +3

    So why not trailing stop for all 4 orders let em ride up a bit?

  • @shaynesabala
    @shaynesabala 4 года назад +12

    That was so awesome to watch even though I understood very little. Where did you learn this? I ask because I need something like this but for beginners. Thanks for the video and congrats on a great day of trading.

    • @MichaelChin
      @MichaelChin  4 года назад +13

      Thanks Shayne, I'm working on some beginner material as we speak. Stay tuned!

    • @SkinlalaVision
      @SkinlalaVision 4 года назад

      @@MichaelChin Thanks Michael, I just set you an email requesting the same thing. thanks!

    • @andytrades
      @andytrades 4 года назад

      I too would like to learn more about your strategy.

    • @MichaelChin
      @MichaelChin  4 года назад +3

      @@andytrades Keep your eyes out for content this week!

    • @overpass8690
      @overpass8690 4 года назад

      @@MichaelChin martinmuhia@yahoo.com fill me in too

  • @richardgayton1337
    @richardgayton1337 2 года назад

    I am learning to read price action better by watching you read the candles for entry with your set up for 1 pt. You have a gift. Thanks for sharing. Interactive Brokers does not seem have tick charts for ES or MES. Do you think a one minute chart would work instead of a 2000 tick?

    • @richardfain3428
      @richardfain3428 2 года назад

      Thanks for watchingⓇ
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  • @bretrb
    @bretrb 4 года назад +15

    Do you not know the difference between a stock and futures? Your title says STOCK, but you are not trading a stock you are trading the S&P 500 FUTURES... Titles are kinda important for people searching for specific things...

  • @GUMMYITALIAN
    @GUMMYITALIAN 3 года назад +2

    4:23 i'm confused as to why more people would sell at the lowest price. Wouldn't a lower price mean more people would buy?

    • @titosirj6262
      @titosirj6262 3 года назад +2

      They are the people who are shorting.

  • @taupikhiyadat6522
    @taupikhiyadat6522 4 года назад +31

    Are you failing to make profits? * my advice for every trader is to cut off your losing trades and just be guided by an expert tip

    • @jasongrayham7483
      @jasongrayham7483 4 года назад +24

      trading with expert tips has certainly made a subsequent difference in my current trade, Miss Rebekah Naumann has been part of that success story

    • @tasiaverno7808
      @tasiaverno7808 4 года назад +34

      with the current corona virus outbreak this is the only way we can make profit

    • @helpinghands9322
      @helpinghands9322 4 года назад +37

      Jason Grayham very true, i only started trading under her portfolio and it was quite a lot but Ms Rebekah Naumann came through for me as i easily made profit on my first investment with her assistance

    • @charleschukwudi5481
      @charleschukwudi5481 4 года назад +36

      US Corona Virus death toll tops 90,000, in the press Trump says he's taking hydroxychloroquine to prevent coronavirus, but there's no evidence it works, You Don't Have To Go Out Side My Friend, Trading with the best strategy I've ever experienced is Ms. Rebekah Naumann strategy, That strategy is one of the quickest strategies I've seen and she's been using it to the best of my interest, I make loads of profiting investing with her

    • @olivergray9673
      @olivergray9673 4 года назад +26

      unquenchable drive for her client to profit & Learn as well as the strategy she used made me trade with her, she is the only licensed professional who has worked with me and it shows clearly

  • @brandonjohnsonrealtorutahs7588

    Your videos are incredible to watch. I am just startring Delta 123 trading course. Do you have a list of all of your videos? Especially short selling. Thank You for your videos and time.

  • @matthewosama6963
    @matthewosama6963 4 года назад +36

    Some brokers do not offer truly helpful trading tools such as charts and features for technical analysis to their clients. Experienced traders can get around this by sourcing for these tools elsewhere; inexperienced traders who are new to the market are not as fortunate. This is changing for the better though, as operators mature and become aware of the need for these tools to attract traders but MR Nasser Mustafa understand everything about trading

    • @vanessairene4838
      @vanessairene4838 4 года назад

      Are you looking for reliable strategist capable of earning you reasonable income? Then look no further as Mr Nasser Mustafa has proven himself to be the beast strategist with high earning capabilities

    • @jaakkoaleksi7650
      @jaakkoaleksi7650 4 года назад

      I have really enjoyed good gains by investing my bitcoin with Mr. Nasser Mustafa

    • @setosofian4503
      @setosofian4503 4 года назад

      I would say investing into Bitcoin is better than buying gold at the moment. I primarily own GS/JPM/MS but I started buying BTC this year. I only bought 20 BTC/EUR for about €6,953.13. Now Bitcoin is worth €7,782.94. That means I made ca. €16,700 (+12%) in 19 days. 12% in 19 days is very nice. I would say Bitcoin is a nice addition to every portfolio out there. Also crypt o currencies themselves are very interesting. A decentralized currency is always controlled by the market not a government. Thanks for reading, Mr Nasser Mustafa Can make you understand everything, have a good day

    • @gregoryarsenii2162
      @gregoryarsenii2162 4 года назад

      You guys should try trading with Mr Nasser Mustafa he has really helped me achieve my goals.I keep earning profits without losing I'm so proud of him.

    • @petraleksey4393
      @petraleksey4393 4 года назад

      Sir Nasser has inspired me to never look back once I start making progress , I have never made money from trading using crypt o system before but immediately I started listening to him I started making good profit, he gave me a clear understanding on how it works . His a genius and a Legend

  • @Thirst_TV
    @Thirst_TV 4 года назад +8

    WHat platform is this?

    • @jorgepmartinez6532
      @jorgepmartinez6532 3 года назад

      NinjaTrader

    • @westonh991
      @westonh991 3 года назад +1

      @@jorgepmartinez6532 can I use ninja trader in Canada and do the same trades as him?

    • @jorgepmartinez6532
      @jorgepmartinez6532 3 года назад

      @@westonh991 you should, practicing this strategy is my goal to be profitable

    • @westonh991
      @westonh991 3 года назад

      @@jorgepmartinez6532 Ya I am practicing this now on ninja trade with a demo account but when I start doing real money trading would I be able to use ninja trader in Canada

    • @jorgepmartinez6532
      @jorgepmartinez6532 3 года назад

      @@westonh991 you can check with the account manager that for sure will contact you

  • @saaberfly
    @saaberfly 4 года назад +13

    I like how you don't clickbait and say "$500" a day :)

    • @eddyvideostar
      @eddyvideostar 4 года назад

      To Saaberfly: Because he has a conscience and should be teaching the truth along with an understood built-in disclaimer.

  • @hanslang4910
    @hanslang4910 2 года назад +1

    That was AWESOME..I need to watch a few more times. Does it work in forex and regular stocks?

    • @lueddie86
      @lueddie86 2 года назад

      This works for any chart. I have similar videos on my channel, your support would be extremely appreciated. They are better than these videos, and I regularly post