If you follow the right accounts, twitter provides great news sources (@LiveSquawk @Zerohedge, @fundstrat, @NautilusCap). I'd rather not pay $25k/year for a Bloomberg terminal maybe in the future but not now.
For anyone watching this who doesn't understand basic math, what he is betting on (day-to-day stock movement) has been shown to be completely random. WSJ chose not to feature people who were losing money doing this. Imagine that there are a bunch of people betting on coin flips. They all have their own "system" set up to predict coin flips. Well, basic statistics will tell you that within that large group, some people will make a lot of money betting on coin flips. WSJ would then make a video about those people, ignoring the fact that it's completely random. WSJ should follow this guy for several years and see what his average yearly earnings are. There's a good chance that they'll revert to the mean.
The end game for this guy is selling these courses. Thats how he makes his money. Not by trading, because I guarantee he will likely lose more than he makes.
Unfortunately that's not true neither is it sustainable. Trading should always be the main income source while education such as discord, group coaching etc is 2nd or 3rd stream.
My goal is to rake in 6 figures trading options each month, but don't worry, I'll also sell a course on it. It'll be called 'How to Print Money While Sleeping, but First Pay Me.' Kinda like selling snow to Eskimos
@@DraysonLittlethis isnt how marketing works though. You'd be shooting yourself in the foot. Selling courses and running paid groups scales really quick, theres just no comparison with trading profits. What you should do though is provide 3rd party audited broker statements each year to show that you are in fact profitable and have some right to be mentoring people...which 99% of these "online traders" never post.
He talks about launching an options trading course next year. That's the only way guys like him actually make money, selling expensive courses to be people who don't know better. If he actually knew how to make a lot trading options he wouldn't sell a course, he'd be too busy making money with his options strategy for it to worth his time.
@@thealternativecontrarian9936 the thing is, he is not successful. The Mercedes is not his. And if you were to sell a course, it would lower your alpha. So if he really made a lot of money this way he would never sell it to other people.
But while the stock market has a rather tasking nature, it’s also a very rewarding endeavor when you have a proper plan and strategy I know for a fact! :)
Trading 0dte on SPX is like a rodeo ride. I’ve had both great profits and no devastating losses trading these…. It’s a very tough mental game indeed but I’ve been enjoying the ride quite a lot, so I’ll stay on the horse!
0dte are actually safe if you back test a time frame and have a good plan and strategy and know well what your trading. If you just try it and do anything you will lose. Most strategies or dte choices are not wrong but it’s the time frame u use. Like entering last hr of the session rather than the first.
Well said. Experience is Key! I use pre-planned entry and exit, and risk management of an accredited pro trader. Her technical know how makes trading possible!
I tell every single person I know who is interested in trading, that anyone who has a truly successful strategy does not need the money from teaching a course, and they wouldn't waste their time making videos and such for pennies.
@@paulstrong2172 a truly successful strategy and trading cant be used in the same sentence. just earn much money in your job or in selfemployment and invest it in good businesses.
exactly those who truly make big bucks from trading will just focus on trading and not sell courses. Even if they say it's fair more a stable income, or that they have passion to teach, all BS.@@paulstrong2172
I can already see that guy selling the "How to 0DTE" course. Edit: Comment was posted as soon as they explained how the guy trades, but 5:03 made me feel like a prophet.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
retail traders that are unprofitable are still a great benefit to our everyday lives and people dont understand it, their losses and everyone elses loss and wins and buys and sells price in our US Dollar, our companies, our companies stock and supply and demand which prices in our products, these idiots and also hedge funds and everyone else price in your life.
Excellent video as always but here is my problem I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do
Your channel is a must-watch for anyone interested in binary options trading. Your strategies are so well researched and effective, and your explanations are always clear and concise. Thank you for everything you do!
I put in 20k into options last year and flipped into six figures within a few months and still going. I’ve always been an advocate of trading because it has been rather rewarding. I hope to attain financial freedom soon. One more thing, great content brother.
It’s not rocket science. As I said previously, I got into stocks (options), myself but wasn't getting the results I wanted the first couple of months. Got tired of losing and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.
@@Christensen554 While it may sound enticing, it is important to understand that options, like a fine wine or a Monet, has no standardized value. You look all good on the outside, while you wait till almost death to enjoy your wealth which presents an enormous economic(uncertainty) risk.
Comparing options to alcohol is bonkers don't you think? Over the years, I've been part of numerous investment programs, sifting through a barrage of information. Yet, none comes close to the sheer clarity, depth, and precision of Herman’s instructions and insights. It's akin to finding a diamond in the dirt.
Since I found you, I have been following your free channel and your RU-vid channel. I have carefully studied your strategies and day by day I am still aware of your channels. You are a Master, Thank you!!! You don't just teach about trading. You also set a great example about nobility, simplicity and humility... And this deserves many blessings. Nowadays, it is difficult to find people as special as you. Thanks again and receive a hug from me, from Colombia South America. Thank you, thank you, thank you... Hector.
This doesnt seem like a real trader to me and neither is it correct to assume that trading is just gambling. There are people who make an income from trading whether it be stocks, options or futures. Although, their goal is NOT to make $10,000 in a month. It is to take a trade based a tested strategy with set risk. Money will come eventually. Unless you are willing to have your account blown, emotions and mental health tested. Just invest in solid companies and manage that portfolio over years and years. Dont trade! its not for everyone and this is coming from a trader.
Your channel has been an absolute lifesaver for me. I was really struggling with binary options before I found your videos, but your strategies and insights have given me a whole new level of confidence when it comes to trading. Thank you so much for all the hard work you put into your channel
@@ricomajesticexactly, even the big hedge funds who make big money are all taking bets! They just have access to more sophisticated tools and data models to increase their chances of profit. If someone knew where they market would be going all the time then they would be trillionaires already.
Never buy any course from people with pictures of expensive cars and luxury items, and who talks about how they are making 6 figures a month. This kind of trading wont last very long, and will always end up losing more than he makes.
If we take aside the whole gambling (and this is 100% pure gambling), there is also him vs. algotrading. There are teams of thousands of the brightness researchers working for investment banks that are being paid 400k just to optimize the trading algorithms. If one person thinks they can calculate and beat the AT then it is a fool
@@MrMikecool35your right there also the fact of risk reward if you risk 100 and make 1000 you could afford to lose a couple tomes and still be profitable
Those same geniuses/brightest are responsible for losing the most $$ ever and crashing the market time and time again.....so I'd say that dudes chances are good enough, 55% is the key win rate.
Everything involving the stock market is pure gambling! You seriously think people can predict the future by looking at the past which is what fundamental and technical analysis are. LOL!
I am very new to the trading scene, watched an almost 2 hour tutorial on how to trade options, but I still don't really get it. I really want to learn how to properly do it. I read these charts wrong most times. Do you ever trade for others? I'm interested. I have about $95k set aside to test the financiaI market waters.
It's really not as difficult as many people presume it to be. It just requires a certain level of diligence, which is something ordinary lnvestors lack, and so a financiaI advsor often comes in very handy.
I was able to remain afloat in the market and build my portfolio to around 65% since January by copying trades from a financial expert. In a matter of months, I was also able to achieve a net profit of over $650K by trading equities and certain ETFs. If you're a novice, you ought to think about exploring that choice. That's always a safer option.
@aureliobjm I only copy trades made by HEATHER LEE LARIONI. She is employed with Empower FinanciaI. However, there are many of independent consultants you could research. Her approach seems to work for me, which accounts for my outcome. She offers points of entrance and exits for the assets I pay attention to.
@josephbush She appears to be well-educated and seems proficient considering her résumé. I ran a Google search on her name and came across her website; thank you for sharing.
I've been a member of your VIP group for a few months now, and I have to say, it's been worth every penny. Thank you for all the incredible knowledge and support you provide
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
Tried some 0DTE trades, could make $200-500 per day if not aggressive, but needs skills and glue to screen all trading hours. Can add income if daily work is not too heavy or time consuming 😊
If he could turn $10k into a million, then he could turn a million into $100M, then $100M into $10B. Before you know it, he's richer than Elon Musk. Why would he offer an option trading course that probably nets him a few grand a month?
If he's not a complete and utter regard then as soon as he turns his money into a couple of million, he will put it in a reputable bank's CD and enjoy the return for the rest of his life.
Just because a trading strategy is successful doesn't mean you can throw more money at it and expect the same returns. At a point you run into the issue of liquidity.
Liquidity. Every time you click "buy" or "sell", someone is on the other end willing to take the opposite position. The exchange connects parties. Even successful methods can't be scaled infinitely because there's eventually fewer parties to take the opposite side. One of the reasons after-hours trading has its own challenges -- relatively little volume and subsequent lower liquidity.
It's always a honor to have you here as a mentor, learn a lot watching your videos and it has encourage me expecially in decisions making,Investing in the financial market that currently changed my life
Leaning towards group coaching. I have so much free time after trading hours. I mean most days Im done trading before 10am PST so I have so much free time throughout the day. Why not offer an educational side to trading?
Why do they always want to sell courses? It's the laziest, most devious way to print money without the Feds knocking. Imagine, convincing a crowd you can turn them into Warren Buffett, when really you're just Bernie Madoff with a webinar. Selling courses is like swiping your wallet, then selling it back to you filled with Monopoly money and calling it 'educational investment.'
Good video. Could kinda say though the title of the video did not convey the main point a little. The video is still a killer. I love trading strategy for 1 minute, you are the best in this field.
What were u selling on your e-commerce? I mean, what made the bulk of the money? I suppose it was something trendy like the fidget spinner. Idk, but I'm just curious. And what about crypto, did you stop trading? And what crypto did you use to trade the most?
Derivatives are a 0 sum game. Meaning that someone has to lose in order for somebody else to win. This is not like the stock market where the market can grow as a whole as companies provide valuable goods and services and earn profit. Derivatives have elements of insurance and a casino. Derivatives are valuable as hedges to other investments. They are kind of like an insurance, limiting risk but also limiting return. If you trade derivatives not as a hedge, then you are essentially betting on the market and its more like a casino.
The amount of not just capital but human capital, brain power and time wasted on these options and derivatives is incalculable. Shame how much potential is wasted
LOL "it's like euphoria but then you have your crazy lows"... man that's called gambling emotions. That's what intraday pretty much is. Swing trading is much better.
i've been using your trading advice for about a month now, and i have to say, it's been incredibly helpful in improving my success rate. thank you for being such an amazing mentor
Your channel stands out from others because you explain the reasoning behind each strategy, helping me understand the underlying principles rather than just blindly following signals. As a beginner trader, I find your channel incredibly helpful in building a strong foundation of trading knowledge and developing effective strategies.
The only people making money on ODTE? The market makers. All the retail day traders will eventually lose - exactly like a casino. These folks didn't live thru the first day trading mania in 2001 so expect them to make the same mistakes.
These comments siding with this guy is hilarious. Finding mispriced options every once in a while is not sustainable. While i do sell options to lower volatility in my portfolio i still take on some big risks in my csps. Yet he insists making a living on buying straight options?? Funny. I bet if we backtested 99% of these "gurus" they would have negative ROIs. He has only been trading since 2020? Ha ha ha. Meanwhile been at this game for over a decade.
Jealousy is a bad trait. Sure this guy may lose it all but the fact that he can make that much money is impressive in the first place. He should technically put that money into SPY and just live off the investments but you being on your high horse really is really not good.
Hi there, im a newbie trader that just started. I stumbled upon your video, and give or take 50 others, but this one seems to work for me the best. Im seriously clueless and will be putting in more time in learning about trading/forex. Thank you for this strategy. So far i have won 6/6 trades using this strategy on my mobile device. Wish i found this video sooner to be honest because i lost more than i won trying out the other strategies hahaha
Wooow what you have not provided to us is what we are not looking for....all the knowledge is contained in all your videos and this is just part of the educative videos you give us always Thanks sir again for the generous support to we beginners With your guidance we are set for the stars
This is such a dangerous video. Honestly the wrong impression of day trading. People are going to lose in the long term - the charts and fancy monitors always suckers in people lol
This isn’t trading, this is gambling based upon volatility and pure assumption of markets. Day trading can make you profitable after having experience and studying charts and having risk management and knowing when to take a profit
11 месяцев назад
Gambling with stocks… a few will win, most will lose
Once he said he used to do e-commerce I knew where it was going. Traders who actually make money consistently just trade instead of making courses or running paid discords.
Because day-to-day stock movement has been shown to be completely random, like flipping a coin. What he does has nothing to do with bull or bear markets.
As someone who was a complete beginner at the time I don't think it matters what phase the market is in especially when you're just learning the game. Emotions + Flawed Psychology = Losses
@@DraysonLittle I understand what you mean. I was Just pretty Sure that Most Traders tend to be Positionen to Profit Off of rising Stock prices. But I would still say that Trading remains a loosing Game, since it's a Zero sum Game where for each trade the Brokers, Exchanges and Other middle men Take their Cut, Leasing to losses in Aggregate.
I dont understand why people consider options as risky. The point of option is to offset your risk by paying a premium to only get the right to buy or sell the stock. So as far as i know, if the price goes against your bet, dont you only lose your premium at worse ?
It all depends on your positions and sizing. You can create significant leverage by moving option strike place farther from the current price and by moving the expiration date closer to the present. That’s exactly what 0DTE is.
In theory, buying options is limited risk. But there are other hidden risks (like pin risk) that can result in massive losses. For example, you have 10 calls that expire ITM on Friday. They are automatically exercised at market close (4 pm ET). However, at 5 pm, news breaks that the CEO and the board of directors all died in a plane crash. Unless you call your broker to tell them that the calls shouldn't be exercised, you'll likely take a massive loss when the stock price dumps Monday morning.
This sort of strategy has about equal chances of winning and losing money. Which means when you pay capital gains tax and options trading fees, it is extremely unlikely you would outperform a passive investment getting the market return rate. It's pretty much just gambling, not investing.
Exactly what I thought watching this. What a waste - it's just gambling and this young gentleman's money could be invested in very wise and ultimately profitable ways. He could use the dividends to go to the casino, I guess, if he wanted to gamble!
No risk no reward. I know so many people that played it safe their entire working lives. And, guess what? Compensation never kept pace with productivity and profitability increases. Inflation outpaced returns. Then, last but not least, their pensions were taken away while their 401Ks tanked because Wall Street didn’t have a clue what was going on in their own markets until just recently.
Wall Street doesn’t have any bearing on what the market does, your beloved president does. The FED is who gets instructed by whoever is in office to do certain things. Wall st already has all the safety features in place, circuit breakers and halts are the best they can do. Ppl losing 401ks was the president not doing more to help the economic Situation at any given time
HA!@@fakeonefakeone5075 RU-vid launched their custom "special" emojis a few years ago but it only works for desktop computer users who have the latest Windows-version...haven't seen these RU-vid emotes on cell/mobile yet...that's all I know ✌️
