Is Day Trading worth it?

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  • Опубликовано: 3 ноя 2024

Комментарии • 197

  • @nhdarling2
    @nhdarling2 3 года назад +100

    Yes. Its the most difficult shortcut to financial freedom but it's the best decision you'll make.

    • @AdmirableShift
      @AdmirableShift 2 года назад +5

      What's the easiest then, every thing worthy enough is difficult only I think

    • @iliketotrade
      @iliketotrade 2 года назад +4

      I believe I truly picked the hardest way to financial freedom 🙃

  • @Virgo_Darknight
    @Virgo_Darknight 3 года назад +45

    What's more fasinating is you have learnt to speak English so much better than just a few years ago. Keep it up!

  • @AaliyahClark
    @AaliyahClark 3 года назад +192

    I think it’s worth it. Just have to know how to control emotions and have patience.

  • @xRedNationx
    @xRedNationx 2 года назад +10

    I think the answer to "why sell a course" is pretty simple. You have a guaranteed source of income with no risk. Trading requires risk, there's always a chance you could have a really bad streak of luck even on a previous profitable strategy. At least with selling a course, you're set.

  • @Swiftrevoir
    @Swiftrevoir 3 года назад +90

    Your level of knowledge and tactics as well as your willingness to impart that to others, have helped me support my family this year. You're awesome man and I pray good things keep happening for you.

    • @stevendux
      @stevendux  3 года назад +11

      I appreciate that

    • @iceman6846
      @iceman6846 2 месяца назад

      @@stevenduxif you don’t mind me asking, whose your broker?

  • @beckyta5591
    @beckyta5591 3 года назад +20

    Steven is one of the best traders and educators out there. Been in challenge and it takes time. He teaches you discipline, set ups, and is the real deal. He’s humble and actually one of the best to learn from. Thank you for all you do!

  • @FengV88
    @FengV88 3 года назад +36

    Risk management. There's always that ONE ticker that we had to learn risk management from...! Thanks for this insight Steven Dux!

    • @bigfranchise
      @bigfranchise 2 года назад

      Yes. For me it was TSNP and TQQQ

  • @megavirus1706
    @megavirus1706 3 года назад +24

    You’re such a bad ass Steven and so humble about it. Thanks for answering these questions!

  • @vivekdandare
    @vivekdandare 3 года назад +37

    I hope Steven keeps teaching. There are very few genuine teachers out there. Hope he doesnt follow the path of other great traders who keep telling good stuff but nobody listens and then they disappear from social media forever as legends. Keep giving us that hope steven, we love you.

    • @smarthelp1641
      @smarthelp1641 3 года назад

      Right ! He's a genius. Patterns sometimes also rotated if market conditions change. So you have to adopt to the current market conditions ! It's hard ! Sometimes you'll change and then the market will switch from Bullish to Bearish Sentiment !

  • @HipHopTheme
    @HipHopTheme 3 года назад +17

    I remember when I first started, you were and are still my inspiration, I am hoping you make more videos like this

  • @en_127pt
    @en_127pt 3 года назад +2

    Here for the consistency for sure! You seem really genuine. Subbed!

  • @terry4265
    @terry4265 3 года назад +53

    Well that was Great. Thanks so much. I blew my Account up because of emotions and went large trying to make my money back and now Paper Trading to never do that again. Pretty much lost all my savings but with that said. When I leave my emotions out of it I have had months where I didn't have a losing trade. So working on cutting small losses and letting the winners run. Seeing what you've been able to do has given me courage to make the money back over time and the good part is. I don't need millions. I just need enough to not have to worry all the time like I do now. Thanks for the Video. Appreciate it. :)

    • @patrickhenry7416
      @patrickhenry7416 3 года назад +4

      Me and you both lol

    • @bryeee
      @bryeee 3 года назад +1

      wishing you the best in your trading career bud

    • @wejoji2955
      @wejoji2955 3 года назад

      Then what is your trading strat?

    • @jessicatranchannel1029
      @jessicatranchannel1029 3 года назад

      if u dont mind me asking, how much did you blow up?

  • @MrStfu88
    @MrStfu88 3 года назад +11

    Aside from learning all the patterns, especially gap shorts, bounce shorts and Failed overextended gap down short squeeze (my fav long strategy) and all the little important details about them... the data and spreadsheets ive learned how to build from your courses has laid down a blueprint for all my favorite patterns. Took me a long time to tweak my database to where Im able to spot a pattern that comes up on my pre market scanner, plug the ticker into my spreadsheets into its proper Market cap / Float category and be able judge its behavior and avg spike/drop %. The ticker only goes into the spreadsheets if it fits all my criteria. Thank you for all of your lessons and knowledge.

    • @Monas99
      @Monas99 3 года назад +2

      hi, would you please tell me if Dux teaches ONLY short strategies?

    • @MrStfu88
      @MrStfu88 2 года назад +1

      @@Monas99 No he does teach long strategies as well. From experience, the best long strategies are pre market breakouts, specifically floats under 10m and market cap under 100m with good news. Dip buying multiday runners, but only if the stock is on its 3rd green day or more and has great news to give traders a reason to buy it, and my personal favorite is gap up buying. Stocks that gap up 100% or more pre market and come back down near half the gain or support and have traded LIGHT volume. Criteria is low float (lower the better) but these often dont have news and a huge pre market spike that loses half its gain before market open and has traded light volume, 1-5m pre volume.

  • @MayraFelix-d4w
    @MayraFelix-d4w 11 месяцев назад

    I like how simple this video is without any fancy editing or attention grabbing tactics. It makes it seem like I'm actually hearing your story rather than listening to a polished pitch to join a course. I appreciate this video.

    • @stevendux
      @stevendux  11 месяцев назад

      I appreciate that!

  • @AA-ke2ns
    @AA-ke2ns 3 года назад +27

    When you start managing others money, even though you make multiple figures you tend to become more conservative and don't take the risks you'd normally take with your own money, most of the time you feel scared, I met a person who was managing over 10-15 million but after 2 years he gave it up, now he does it with his own money which is also around 3-4 million, but now he has much less stress, more fun back into the market, great point Steven 👌🏻

    • @tradelogikk8182
      @tradelogikk8182 3 года назад +2

      There will also be cases where the opposite is true for one reason or another

  • @a.i3028
    @a.i3028 3 года назад +8

    What tax do you pay on day trading & do you look at how much short interest is a stock stock before you.

    • @tradelogikk8182
      @tradelogikk8182 3 года назад

      I am not a CPA.
      Day trading gains are taxed as business income. Day trading means, It's your full time job and/or lots of short term trades there's two other things they look at as well but they escape me at the moment...
      More taxes but can write off business expenses.
      Longer term trades will count as capital gains.
      Less tax but no writing off expenses.

  • @ichbin1984
    @ichbin1984 3 года назад +9

    Hey Steven, I really enjoyed the video!
    I also started to learn about trading in 2020.
    Can you make a video in the future, where you talk about what us newbies can expect in the future, when the market is cooling off again?
    F.e how volume in different scenarios changes & how often gap ups, bounce, breakouts, etc usually occur. Ty man

  • @Xinkgs
    @Xinkgs 3 года назад +5

    Great Motivation dude. I shifted to trading Futures and I am making a lot more money than trading stocks. Still I am not done trading stocks but I am way more consistent and profitable trading futures. Still use some of your information. Always useful.

  • @algofuture
    @algofuture 3 года назад +1

    Hi Steven, I am interested in learning more about the scanner that you mentioned in the video. do you have more info about it? I didn't see the link in the description that you mentioned. thanks

  • @thefinalcountdown6606
    @thefinalcountdown6606 3 года назад +4

    Thank you Steven.

  • @jimmysan1307
    @jimmysan1307 3 года назад +3

    Thank you Steven!!

  • @phoenixtrader1279
    @phoenixtrader1279 3 года назад +2

    Excellent my respects... Go for yours... Congrats 💯

  • @luckytc5115
    @luckytc5115 3 года назад +1

    Thanks a lot Steven. I'm curious about trading position size in future stock(100 or 100k). will it effect the market price?

  • @aztradescrypto
    @aztradescrypto 3 года назад +3

    steve, you dont need to justify why you want to sell courses. Extra passive income as an answer is totally fine too, if anybody was in your shoes they would be doing the same. If you are good at something why work it for free.

  • @jeoffreyzakka4447
    @jeoffreyzakka4447 3 года назад +2

    congratulations on your great journey so far

    • @stevendux
      @stevendux  3 года назад +1

      Thank you so much!

  • @mickeydi
    @mickeydi 3 года назад +3

    Hi Steve long time no see! Good to see you bro 🙏

  • @briannakisisa5636
    @briannakisisa5636 3 года назад +1

    Looking forward to that scanner

  • @aypibar3478
    @aypibar3478 Год назад

    Can you please tell us which brokers do you have account with? I cannot find a broker who lends PennyStocks.

    • @stevendux
      @stevendux  Год назад

      Thanks for tuning in!
      Learn about our services: www.stevenduxi.com/collections.

  • @liamjohnson3247
    @liamjohnson3247 2 года назад +2

    Where did you learn trading?

    • @stevendux
      @stevendux  Год назад

      I learned from many different online educators and books.
      Thanks for watching. Understand that Steven Dux is a VERIFIED millionaire, for proof
      👉 kinfo.com/portfolio/11253/performance
      If you do not believe it than take it up with Kinfo, as they are a third party verification service. Outside of that, your opinion is just that an opinion, in the face of facts.
      To Learn all about our products and services:
      👉www.stevenduxi.com/collections
      Join Our Free Discord to get all your questions answered:
      discord.com/invite/q3BGJHs
      ***Please note that the comments section isn't the best place for debates or detailed discussions. 🚫💬 We will also, never DM you on any social platform to ask you for money.
      Want to take it a step further? Consider investing in your knowledge by learning directly from a verified millionaire ! 💰🎓💪

  • @aztradescrypto
    @aztradescrypto 2 года назад

    we are proud of you steve!

  • @richardwong2554
    @richardwong2554 3 года назад +4

    Thank you Steven, you are an inspiring success. A great model for many.

    • @stevendux
      @stevendux  3 года назад

      Thanks for watching!

  • @henrycavil3385
    @henrycavil3385 2 года назад

    love this vid anf subed . this channel gives positive vibes dont know why

  • @anastassiataktejeva5097
    @anastassiataktejeva5097 3 года назад +1

    Wow Steven, nice! Thank you for the video :)

  • @eleonorael2251
    @eleonorael2251 3 года назад +5

    Loved this video!....hope so much to see some similar sincere videos from you on psychology as well as you've been incredibile good at encreasing size quite fast and you also manage well draw downs without loosing self-worth or bielieve in yourself

  • @euphoricmonk
    @euphoricmonk 3 года назад +2

    Please get a Sony A6600 / Sigma 16 1.4f with real time eye AF---the best for under $1,800

  • @arksonephimmasane5134
    @arksonephimmasane5134 3 года назад

    Awesome! You’re creating wealth Steven and thank you for sharing!

  • @marcusthewatchmechanic
    @marcusthewatchmechanic 3 года назад +2

    Thank you Steven for sharing. Keep the videos coming! Shoutout from Asia too!;D

  • @williamsantiago3310
    @williamsantiago3310 3 года назад +1

    I love this video, Dux. I always wonder what big time traders do with the millions. Anyone can dream, imagine and say when I make X I’m going to buy X, but you’re actually there. I love the real estate goals. Keep on!!!

  • @santos4802
    @santos4802 3 года назад +1

    You should consider Swing trading mid-large cap and day trade momo stocks

  • @mwink5285
    @mwink5285 3 года назад

    can you tak about your students and there success? I want to become a day trader but I dont feel it would be smart to jump on your mentorship without really knowing what im doing. thoughts?

  • @hitims
    @hitims 3 года назад +2

    I hope you keep teaching, Steven. Regardless, you have a great story and a bright future. I am very interested in the scanner. Best wishes!

  • @bennychong1901
    @bennychong1901 3 года назад +3

    Hey Steven, when you were risking $100 a trade, when did you start increasing it? and what made you start increasing it?

    • @MuzhdaDiaries
      @MuzhdaDiaries 3 года назад

      watch his videos and sreach about him on youtube there are some videoes about his trading life story

    • @johnpenaflor2662
      @johnpenaflor2662 2 года назад

      cummulative every trade

  • @teslarex
    @teslarex 3 года назад +2

    You are very sensible except for the cars. Just get a Tesla Plaid until the Roadster comes out! Then you're done😸

  • @SupportTheLittleGuy
    @SupportTheLittleGuy 3 года назад +1

    I do options and I keep blowing my accounts..I've lost almost 10k to options trades, yet I can't stop..it fucking sucks

  • @Chilu37
    @Chilu37 3 года назад +1

    Really Thank You Steven 💜
    Exited For The Home Tour Video Of Yours 💚

  • @MuzhdaDiaries
    @MuzhdaDiaries 3 года назад +1

    HEY STEVEN WISH YOU ARE ARE DOING WELL , I REALLY LOVE YOUR VIDEOS AND OFC YOUR MINDSET ;
    I AM 16 I TRADE ON CRYPTO CUZ ITS EASY I WILL FOR SURE TRY STOCK IN FUTURE
    MY QUE IS , WHAT DO YOU THINK ABOUT CRYPTO ? AND CAN I USE YOUR STRATEGES AND PATTERNS ON CRYPTO MARKET? WISH MORE SUCCESS SEE ON THE MOON ;)

  • @snerdwatch
    @snerdwatch 3 года назад

    Congrats on your success, Steven. Wish you all the best. Go forth and contribute more to humanity's advancement.

  • @navketan1965
    @navketan1965 2 года назад

    Sir,Do you recommend pairs trading using forex( say EUR/JPY & GBP/JPY OR AUD/USD & NZD/USD)--correlations are 90% and that gives solid staying power & sharply cuts down draw downs. Buy underpriced pair & sell overpriced pair(say using 14 period RSI on 4H charts)? And there are lots of such pairs with 90%/80% correlations--and ALSO that would sharply cut down accounts blow ups even for new traders.

  • @ameerulaqmalmalek9470
    @ameerulaqmalmalek9470 3 года назад

    This is gold.. Thanks man.

  • @AA-ke2ns
    @AA-ke2ns 3 года назад +2

    make a video about the SVJ and the House, would love to see you speak about cars

  • @JasonLee-sq7lg
    @JasonLee-sq7lg 3 года назад

    Does your program show you more on the long side or short side??? Someone who spend a lot of money in your program said you short most of the time. Just want to know cuz i am interested

  • @getbusydrizzy5296
    @getbusydrizzy5296 3 года назад +2

    **DUXXXXXXX**. GOAT 🐐🐐🐐. I've learned and still learning so much from ***GOAT DUX***

  • @SinghCapitals
    @SinghCapitals 3 года назад +2

    Hey Steven , Do you read books? and if yes, some of your Book Recommendations. thank you

  • @uriahmanalang8013
    @uriahmanalang8013 3 года назад

    thanks for sharing! I am a newbie and very inspired!

  • @vhvglobal1703
    @vhvglobal1703 3 года назад

    Like your story. Thanks for your insight Steven!

  • @leoliu7840
    @leoliu7840 2 года назад

    Wow, the building a program to make trades for you to make money is genius! Must be hard you gotta be a genius!

  • @luiscruz48
    @luiscruz48 3 года назад +1

    Great information. Thank you.

    • @stevendux
      @stevendux  3 года назад

      Thanks for watching!

  • @omerruzgar6862
    @omerruzgar6862 3 года назад +1

    Last month, I earn 6x my portfolio balance

  • @charles952
    @charles952 3 года назад +2

    A helpful and informative video. I will one day imitate your trading skills and trade like you ❤ Good luck in your future trades and God Bless

  • @timdissanayake1502
    @timdissanayake1502 2 года назад

    You are a hero! A great inspiration!

  • @Torontohomecondos
    @Torontohomecondos 3 года назад

    Hi Steven on the video near the end of your video at 13:15 minute section you said you will build a real estate portfolio with 200-300 million and make 500,000 a month ? is that what you said ? can you say it again please ? thank you

  • @mcdonaldagotey5488
    @mcdonaldagotey5488 3 года назад +1

    How does one take part in your training course?

    • @stevendux
      @stevendux  3 года назад

      Link in the video description

  • @tnttrading7503
    @tnttrading7503 3 года назад +1

    Please we want to see you starting a 500 usd challenge

  • @vivienneduong6541
    @vivienneduong6541 3 года назад

    Make sure you buy Lucid Air and be done with it when you’re ready.

  • @i2ohit
    @i2ohit 3 года назад +1

    You can be batman, or a really insightful investor Im sure, but Batman, your choice bruce

  • @moheuddin_sehab
    @moheuddin_sehab 3 года назад

    thanks for sharing. don't know if i can make it in trading but watching you videos helps

  • @julianckl3777
    @julianckl3777 3 года назад +1

    Swing trading ftw. The more longer u wait for the right setup the more confident to trade bigger lot the more rewards to risk ratio and less stress no need to buy sell buy sell buy sell like an idiot

  • @emmanuelxiong639
    @emmanuelxiong639 3 года назад

    Keep on doing what you do best Steven. I'm sure whatever you touch will turn into gold.

  • @anon5041
    @anon5041 3 года назад

    You are truly successful when you start projecting your future in terms of helping humanity. Just a thought, bro

  • @Tailbone44
    @Tailbone44 3 года назад +1

    Worth it if you control emotions and manage risk.

  • @rocastyle86
    @rocastyle86 3 года назад

    WHAT DO YOU THINK ABOUT WASH SALES

  • @Wanlatime
    @Wanlatime 2 года назад

    How do u day trade as international student

  • @marcellodi8265
    @marcellodi8265 2 года назад +2

    Another great one bud! Always appreciate the wisdom and especially the humility. Maybe I'm thinking for myself, but thank you for sharing your knowledge with us. It's helped me immensely achieve some form of consistency which I'm working on improving

  • @banginzaza
    @banginzaza Год назад +1

    Swing Trading works too

  • @kovaxx2559
    @kovaxx2559 3 года назад

    When can we expect the scanner?

  • @deyannaraine1062
    @deyannaraine1062 2 года назад

    Wait so your going to shut down your trading education and alerts soon ?! Even with stockcraft how who will teach us how to trade as the market changes ???

  • @kiklocus4660
    @kiklocus4660 3 года назад +1

    too matured for his age, seems honest

  • @minjin1040
    @minjin1040 3 года назад +3

    You know you've made it when you're thinking about starting a hedge fund for fun lmao

  • @Melanedriph
    @Melanedriph 2 года назад

    One of the best to ever do it. 🔥

  • @Abdul-db1zx
    @Abdul-db1zx 3 года назад

    How do I buy the courses. You look genuine

  • @umeshchaudhary2024
    @umeshchaudhary2024 3 года назад

    Do you teach from abc on your course??

  • @Jonathan-gj8mj
    @Jonathan-gj8mj 3 года назад +2

    I'm going to do it 🤟👍

  • @kaizenborntowin
    @kaizenborntowin 3 года назад

    Thank you for being real Steven! God bless you!

  • @appletree9843
    @appletree9843 3 года назад

    Hi Steven on the passive income section you said you want to generate 500000 passive income with 2-3 million ? it is not clear can you say it again please ? thank you

  • @oneplanetearth
    @oneplanetearth 3 года назад +1

    Jiayou STEVEN - Shoutout from ASIA

  • @mrpullback4767
    @mrpullback4767 3 года назад +1

    BIG DUX

  • @roythomas9376
    @roythomas9376 3 года назад

    “I’m cool because I have money.” Yes you’ve got money.

  • @modousow8832
    @modousow8832 3 года назад

    Congrats Steve; you are living a life most of us dream of

  • @ninovillarosa8731
    @ninovillarosa8731 3 года назад

    Thank you brother....

  • @weilun0099
    @weilun0099 3 года назад

    Which is the link to the software scanner for his patterns btw?

  • @edla4967
    @edla4967 3 года назад

    What percentage of your total income goes to taxes?

  • @donaldmagana3786
    @donaldmagana3786 3 года назад

    How can I trade from El Salvador?

  • @meekrodriguez6438
    @meekrodriguez6438 3 года назад +1

    Amazing video

  • @larrygranda6447
    @larrygranda6447 2 года назад

    Anyone else try quant etc? I tried those and c++ code so now making strategies with pluto hq as it is a lot more easier for me and quicker to see automations at work.

  • @MegaEli69
    @MegaEli69 2 года назад +1

    well done

  • @youtubeoffical2460
    @youtubeoffical2460 3 года назад +1

    U didn’t talk about liquidity Steven if u were to manage a hedge fund u would destroy the penny stocks area and if u were to move up to billion dollar stock u would not make any money because of less Volatility . For so one who have been studying the market for years u should know by now liquidity would be the hardest part trading small cap stocks. 99 percent of ur strategies are on small cap stocks 🤦‍♀️🤦‍♀️🤦‍♀️

  • @donovanwilliams8996
    @donovanwilliams8996 3 года назад

    Hey Steven, loved the video. I wanted to join your freedom challenge but ITS 7500!!! PLEASE LOWER TO 5K AT LEAST HOLY MOLY

  • @moneymontee2179
    @moneymontee2179 3 года назад

    Hes a G, 1. be disciplined with your decisions and lessons or what is the point of experience in the market 2. KNOW RISK 3. look yourself in the mirror learn and let go.

  • @ronwyneking2763
    @ronwyneking2763 3 года назад +1

    Steven do you live trade, would be good to follow you

  • @thebeeskneestreasures3596
    @thebeeskneestreasures3596 2 года назад +1

    Did he say one of his biggest trades made him 4 MILLION in one day????