Make a Living in 1 Hour a Day Trading the 3 Bar Play!! 

I never heard Hank talk about how to trade a 3 bar pattern. I must have missed that episode of BB.

so true

Fk hate frank

Jesus Christ Marie! They're Minerals!

LOOL

Stop!! Lolol

Alliance is gay.

Funny got a world of Warcraft ad before this video 😅 Strange

lmaoooo

2:56 no hocus pocus

How is that complicated they are just graphs. Your quotes are more complicated.

​@@lethal_jake2187 How are his quotes complicated when they are just words which you also understood enough to reply to?

@@MisterTrollypolly your reply to the comment about the quote of the video is too complicated

@@WayneJohn-fq6cn Your reply makes no sense

TheArabPilot spaghetti on his charts😂

Were you shorting?

Instructions unclear: sold everything and bought DOGECOIN 😐 But I like the Christmas colored charts Seriously though I think I'm in the wrong level of trading videos

@@tesla_3_performance Yo, Jeff don’t take no Shorts, homeboy! Hahaha Yo I’m with ya bro feels like everyone catches on to this shit quick. I wasn’t raised with any of this type stuff in or around my life. Wallstreet wasn’t an obtainable reality on the streets, Is now though. I pray you become a millionaire. Mad Respect ✊ keep your chin up. Shalom

Yea I don't get that?? I prefer buy low and hold for big highs.

I don’t understand that either

you shouldnt be trading shit if you cant read your candle chart

Alucard 22 first of all those pictures small as shit , so get the fuck off my case .

Tierra Clements exra emphasis on learning candle sticks but if you literally meant sits too small then my bad

@@tierraclements6995 lmao

Fr I was watching this on my phone and he's pointing at stuff like lmao am I supposed to see this ????

That's because you haven't bought his book. Once you buy his book, the market start doing what you want :P. When someone shows his strategy and doesn't show his L's + advertises a book (if you're making 1000 a day would you be trying to sell a book on youtube?) ... that's a no-no for me.

it still works fine, made 1800 monday on 3 scalp trades of moderna, and moderna is trading near all time highs to boot, and still made what i made. it works, and works well.

Yeah man, seems like every up gapper just dies. Gets way overhyped/overbought. At 4 pm look at the biggest gainers from the open on the day. Theyre usually the down gappers from -15% to -3%.

@@iamedblaize I’ve been doing this successfully as a swing trader and occasional scalper for a few years. I’m just saying his examples show a clear open direction and continuation throughout the day. Of course you can cherry pick occasional instances on certain days where this happens. But it’s very uncommon anymore

@@doglord2070 I think it is heavily biased towards scalping for sure. I have been watching it and playing it quite a bit more than i used to lately. I also believe it is heavily dependent on the time frame it is seen in, in other words in the lower time frames it would be suitable for high probability scalp plays and no more, meaning if on a 5 minute chart you're probably not in the trade for more than 5 minutes, if you hold it longer than that it will probably turn against you. some of my attempted longer term (1 week for me is long)swing trades in higher time frames have gone on to be good swing trades hitting the targets, but honestly the vast majority of those turned into an intraday swing trade lasting only a few hours at the most, or a scalp. Now, even when looking at it on the daily chart i use it as an indicator for a high probability scalp, and possibly more if it follows through to target. I generally don't use it for swing trades anymore though it could be used for that in some circumstances. I prefer pivots off major support with a great catalyst when swing trading and often those turn into scalps too in this market. i hope this clarified it, but this has been my experience with the 3 bar play: scalping= awesome; swing trading=good indicator but be ready to jump out quick. And now i see you were most likely referring to the swing trades, and i would have to agree, not the best indicator right now for swing trades because of the insane volatility lately. Thank you for your gracious response, and sorry if i seemed a bit hostile in my 1st response. i didnt mean to sound that way but reading it now i can see i did.

The best advice I’d give any newbie trader is don’t trade live until you have a working strategy. The forex market is complex and requires adequate education on the market make profitable trades. I failed to realize this until I made a loss of $2000.

@@davidstalwart876 I wish realized how speculative trading forex before trading and blowing up my account twice. How do you suggest I can get the required knowledge to trade make profitable trades and recover my losses.

I reckon you trade through an expert broker to extensively educated out in the forex market on how to implement strategies to make steady profits trading forex. As an amateur I got adequate knowledge and guidance trading through one and the profits have almost entirely help me set up grocery store.

A lot of traders fail to highly speculative the forex market and its the duty of a expert trader to advise them. Thanks to help I received from my expert I was able to recover my losses I suggest you trade under the guidance of an expert trader

Where would do suggest I find an expert trader?

@Pommy Pie please share some strategies of urs

Hahaha..yes bro..but i know if we only asking help from god everyday we will success..

Pommy Pie I wish I was you Please teach us !

Yep. I stopped going to work months ago. Trade the first hour and get on with my day.

@@TofuInc Hahaha...you have a good idea bro!..Awesome bruh!..👍👍👍😂😂😂

He says the profit target multiple times. Thats why hes giving you the rusk on your money. Are you stupid, or did you not watch the video.

​@@goodbyemr.anderson5065 Examples of targets, please. Like exact rally length in %. Give me video bookmarks since obviously I have missed them.

@@shahinrab Hi. Jared uses a 2 to 1 target most of the time. So take profit target is simply two times your stop size.

@@martonvirraszto4774 Thanks. That answers my last question, although not very clear from the video. Any idea about when and how his 3-4 bar strategy fails?

Great question

Yeah no loses.

If it was live, you'd see 9 times where this doesn't work and 1 time when it does (since it's a method that has about 1/9 chances of going the way you want) ... when he shows you examples of "successful" trades, you see 3/3 or 3/4 success rate; and you think this method works 90% of the time. When, in reality, it's the opposite. If you follow what this man is saying, you will become a very sad trader with very little money to trade with

@@rickyhineman4124 I've been using this method, you're right. You have to wait a little while for this pattern to show up in the market. I wouldn't say it's a 1/9 chance. More like 1/5 chance. Quite common. But what happens after when the pattern does present is 100% according to what the video has shown. It's definitely not method that you can make money fast. But it is almost guaranteed that you make money off this pattern.

Awesome...just please take it slow and go SMALL...don't risk a lot of money. Never lose more than $10 per trade when you're new. Cheers!

@@Live.Traders Grateful !

Sad.

50kT lol

I get up for work at 4:50am...

That took a turn

@@Live.Traders I think it's pronounced "SAD!"

Candlestick patterns are bullshit. People made billions before it even existed. These guys all have different ways of looking at the candlesticks and it’s just a gamble if the stock will perform as it historically did. Sometimes you get lucky and it pays off, but most the time these guys lose. The market doesn’t move like this in real time.

@@bingbong3643 thats why you have stop loss, and do you think everytime u trade, you will get money?

@@bmax5928 Stop loss is key, agreed. Fuck no, but my point stands candlesticks are nothing more than a guide, but they aren’t certainty.

@@bingbong3643 yea a company should have many factors that determines whether is loosing or growing.

Umm your entry is $265 and the stock went down to $263, how did that make you money? 🤔 sorry i don't get it.

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

That's true most people today have been having a lot of failures in forex and stock sector because of poor orientation and bad experts

I have been seeing so many recommendations about Mrs Tracey Walker on Instagram and telegram trending, her strategy must be good for people to talk about her

I did invest with her and I made huge profits

I saw the recommendation but I didn't bother chatting her up I keep loosing teally i still don't understand how the forex market works tho

Hey can you give me some tips on trading

@@natemagic6923 start small, be patient, don't pay thousands for training. Just research all the free stuff online. Keep emotions out of it as much as possible, never go on tilt. Walk away if you have a bad trade day and come back another day. Get out of positions you're wrong on quickly, and never hold the bag. Day trading is not investing, and vice versa. Don't ever just jump in a stock cuz someone else said to. Plan your entry and exit ahead of time.

@@chriskelso7597 thanks I really appreciate you taking the time to comment back to me I shall take you advice and do my research oh an also what apps would you suggest I start with and if you have some time on you hands we could talk one on one

@@natemagic6923 as far as apps go I don't have an answer on that one man. Depends on your device. I like trading from a PC. You can always use stocktwits if you want to see what's trending regarding apps. Honestly tho, most people on there don't know what they're doing so dont go in blind. I'd start reading books, or doing audible books to be honest. RU-vid can be helpful if you watch the right people. Don't watch guys selling you on their system through trader porn. Watch the boring guys that explain the real shit.

@J H what almostthere19 said, AND he is not really risking the 40K that's in the position because he sets a stop loss, and that limits his loss, that's why sometimes he says something like "4 to 1 on the money risked", for example, he sets a .50 stop loss, and the price moves $2 and he says "look 4 to 1 on your money". he was referring to the money that would be lost if stopped out as the money risked, not the full amount of the position. That is why the stop loss is so critical to this style of trading.

Trading the retracement of the gap is far more probable. Unless it's a big gap i.e. greater then 100% of previous days range. I think his statement on that was bad information but he can get away with it because he qualified it by basically saying large gaps continue trending which is also true, but there are more smaller gaps and those retrace far more then large gaps keep trending.

I was thinking the same thing. What if you start trading without a gap. I think it doesn't work for forex or futures?

Did you follow is recommandation or you was very new in all this world ?

I lost $10,000 in 30 minutes shorting Bitcoin. I learned to never bet against the trend, ever

@@hectordelarocha10 When you mean by the trend, you mean entering in bearish thinking it will bullish right ?

@@eagletvv4926 I mean look at the long term trend of the cycle and never bet against it. I invest in Bitcoin and crypto in general. Day trade is a waste of time, never do it because no one can beat the market consistently. Probably swing trade but again always follow the trend. If you are in a bull market never short. If you are in a bear market never long. Is it possible to make money doing the opposite? Yes. Have I done money doing that? Yes, but it's never going to overcome your losses. If you manage to do that once, believe me, it's luck. On a bear trend there is no logic, no matter how much you think you know and how experienced you are, if you bet against the trend you are going to lose most of the time. Never time the market and if you want to swing trade follow the rules dictated by the long term trends.

@@eagletvv4926 If I were to give you an advise on an actual trade for Bitcoin would be: Open the weekly chart for bitcoin and watch the 20 moving average (weekly). No matter the price, when it touches the line, long with 3x (max) and sell at $280,000 or by November 30th. Whatever happens first.

Start doing it man! just set some money aside every week and put some down in stocks for growth while you work. No need to be a day trader man since you can make way more over time. Its not the crazy thing people tell you. just make sure you do your due diligence and trust your moves. Dont scare out if u see some small losses either!

its not easy money bro

@@CesarSanchez-ey5tj try roofing houses.

@@tdot2413 I roofed residentials for 3 years. Made far more money than I do on trading, I'm not bad at trading either

@@CesarSanchez-ey5tj ever get injured trading?

I'm loving how you call financial freedom your passion :') I guess I'm a really passionate person then LOL :P

That should've been obvious :D

Amazing talking about winning and profit!!! Where are the losses? I wanna hear about that and I agree. Would love to see live trades and see his actually account history

What's the winning percentage?

Honey I lost another $3000 today

@@Suchtzocker I can re-run the script on any equity in any timeframe at any date. Give me an email and I will send u the report(s). It’s not profitable. I have thousands of scripts. There is not 1 pattern or 1 indicator that is profitable. Nothing works at all. Nothing. The market is constantly changing. It is never the same. Because of this, running an algorithm or script on a specific set of rules will lose because it doesn’t fluctuate with the changing and evolving markets. I’ve spent 11 years coding dedicated. There were times when I put in so many hours at the computer that I got sciatica. I was obsessed at trying to crack it so that I can be rich. I always felt I was close. But I’ve never made it. Nobody makes it. Only banks because they actually move the market, so they control it, as well as the master market program that I’m sure was programmed to be completely honest and fair. Lol.

Jim, if you can do all of that without any losses, it will work! LOL.

@AnonymousBuster Sunshine Due to my experience in the market and in all my years of trading the most valuable insight I made was getting in touch with a pro trader Mr Rex Coleman. Ever since I started investing with him, I have been making cool profits like never before.

Hi, heard about Mr Rex Coleman in other platforms and asked how to reach him but got no reply from anyone, how can I reach him,I want to invest please?

How amazing Mr Rex Coleman is really dominating the trading zone and making things easy for his investors .This was exactly how I got recommendation about Mr Rex some time ago, at first I was a bit skeptical but eventually I gave him a trial with my little investment I got a handsome profit in return

@@wilsonfred7863 you can reach him directly on chat, but let him know your'e in for business

@@wilsonfred7863 + 1 7 1 6 2 8 1 5 3 0 8

Legend

That makes sense :D

edit, im an idiot sometimes. He is selling short by shorting the stocks, but if you have a small account then you can short by buying a put and selling it when you like the profit. I tried to change this response after i realized i was thinking of a different ball headed trader when i saw his vid and didnt really pay attention, but couldn't find it again until someone commented on my comment. anyway, now i watch everything Jared has, he revolutionized my trading mindset for sure; i used to use a mental stop loss, and now i use a real one AND set a target sell price.Thanks to him i have cut out most of the bad trades when i wouldn't follow my system and was making emotional trades; I am much more disciplined than before finding Jared, especially in regards to stop losses and sticking to the plan.He has convinced me, just by watching a bunch of his videos, that i am going to start trading the stocks themselves as my account grows rather than options; until of course my account grows to the point i can stop trading and start selling options to generate very low risk income.

Why would you work for someone else toiling away as you say if you were capable of doing this? i know i i'm not.

Thanks

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xEjUd82NVVg.html

Tim Walsh you don’t know and don’t need to know to make money, it’s a numbers game, like he says if you win on 50% of your trades and make 2 on the winners and only lose 1 you’ll make money

@@gappuma7883 how do u know which stocks will gap on the next trading day? What are the signs to look out for?

zmrai 8 as Jared explains you search premarket charts for a stock with the wide range bar that breaks out of some kind of support or resistens depending if you play it to the upside or downside. Then you wait to see If the other bars form the way you want in the upper 50% of the first bar. We want to see big volume for the first bar, but it isn’t a must. If it looks good you take the trade and place a stoploss just under the low/ high of second bar.

lol

Everyone wishes to be able to at least make $500 to $1500 daily, now you can make it happen, learning The Vlad Ibrahimov Strategy is how i was able to achieve this target, just google it.

@@Live.Traders what is the trading platform you are using please suggest it.

🤣🤣🤣🤣🤣🤣I kept rewinding that part because I too realized it's all a bunch of nonsense...and speculative. Simplicity makes sense when trading.

I like Spaghetti

READ ELLIOTT WAVE. TRY APPLYING IT TO I MINUTE TIME FRAME

🤣🤣🤣

jjaajjajajaaj

You got me worried for a minute :D :D

@G.O.A.T how can I practise this with a practise account you said? thanks

Not gonna lie, my work day is sitting on youtube and pretending to be busy...

😂🤣😂

I check out hot babes on Instagram too

DD bro...

Ashish C id CA we wasa a e the

Each screen is a different instrument and possible different time frames of the same instrument. It means he glances at one screen without missing an opportunity, rather than having only one instrument displayed at a time.

how do we get access to these charts or what do i look up to see similar charts that are always being updated?

CampInACorner yahoo fiance or open a brokerage account

I'm doing a scanning video soon...they are easy to find. EA today on the 15' chart.

You're welcome !

The best advice for a beginner in stocks in this crash season will be to get professional guidance and expert assistance.

@@troeschpeter7120 RITA MARIE SWANN is the expert that guides. Search the name to reach her, all you need to know about her is online too.

I Pebbles Fake

Thank you. Someone needs to explain this stuff to me like I'm a 7 year old...

You can "sell" without having bought, like a "loan", and at some point you have to buy to pay this loan. So if you sell when it is high, then it goes down, you buy to complete the transaction. It's like reversed, you will gain money as if you had bought at low then had gone back in time and sold at high

@@bioticgod are you talking about a call option?

Diallo Khari he is describing a “short”

Tulio Caldas bro. this just opened my brain. thanks for the clarification.

Finviz (free) you see top gainers and Top losers for the day.

norshago what i do is that i check for top gainers 5 min after market opens, then i buy the stock that has good volume and is up trending, always check for indicators etc. Thats for free. The other thing i do is that i have a subscription for alerts. You can check the Facebook group, he has very good reviews on there. Is called “ penny stocks w/ webull & robinhood for beginners” has over 63k members. And i do the same strategy check for the alerts he sends premarket then choose the stock after market opens based on volume etc. I hope this helps.

4x leverage

Can someone please explain how he is saying we are making money when it goes down 3$ in value makes no fucking sense

Right. I will NEVERRR... EVER.... believe ANY of this bullshit without a live video of them making money...... which you never EVER see....... why cant people just film them trading.... and when they have a perfect example of it working in real time.............. HOW FUCKING HARD WOULD THAT BE.....?!

@@stickboyfpv4742 it works, been using it before i knew what it was called, just an observation, but to me most of time i see this pattern it goes up. was using it before i knew the details of how i should use it, props to you Live traders, thanks.

@@iamedblaize nice buddy Im glad you happy with it! I would like to get into trading but I cant tell where to start or what to believe with the fake stuff that floats around anymore..!

Stickboy Fpv never trust them big youtubers. I’m at your level, and learning more from those small time 50 60 subscribers and best video at 500 views. Facts.

@@stickboyfpv4742 Go to ClayTrader channel. It’s exactly what you’re asking for.

Thank you for this comment it let’s me know I still have a long way and keeps me from taking big risks at the moment

Wrong I just started and I made 30k in my first week. Lies.

@@a1cxd166 Congratulations I wish you many years of success

For sure !!

True,that's why I get back to basic now.simplicity is the key

Correct, but when do you buy and when do you sell ? That is what makes a winner or a loser.

He is buying in some scenarios and short selling in some scenarios. The ones he's talking about where it shows him buying high and selling low are called "shorting" Shorting is where you borrow shares and they are immediately sold... with a promise that you will return those shares at later time. So lets say you short a stock at $10, borrowing 1000 shares... then the stock drops to $7. You buy those shares back and return the borrowed shares. You keep the difference of $3 per share... which nets you $3000 profit. The danger of shorting is that if the stock goes the wrong way... you could be in a lot of trouble... so you always want to set a stop loss. I personally don't short stocks... I only buy them on the way up... sell high and wait for them to come down before buying again. Or search for a different stock if the one I was trading is done going up for a while.

Awesome glad to hear it!

You're welcome

Shorting a stock...thinking a stock is going to go down....

It is called Short Trading or "going short". Instead of buying low and selling high, you sell high and buy back low. The process is basically: - Broker loans you shares to sell (You MUST buy the shares back eventually to return them to the broker) - You sell the shares - If the stock price falls, you are happy because you can buy them back cheap, give the shares back to broker and keep the difference - But If the price increases you're screwed because you HAVE to buy them at the higher price to give them back to broker at a loss Also worth noting, Short Selling is literally infinite risk if you do not use a stop loss. Because there's a limit to how low a stock can go ($0) but no limit to how high.

@@nathanielsmith6065 Ohhh ok gotchya. I'm willing to try my hand at it honestly. Only with what I can afford to lose. And work my way up.

@@nathanielsmith6065 You're the only fucking person to actually explain this. Thank you

@Gustav Gurra gotcha, thank you

yes, just not as frequently. email me for some examples. jared@livetraders.com

I sure am totally with you !

bro don't give up. Look up Sam Strauss. He has lessons on daytrading called "Stocks WIth Strauss". It cost some money but if you are seriously dedicated, he will teach you everythingyou need to know for daytrading with each lesson as long as 6 min

its not you. this guy just loves the sound of his own voice. He thinks repeating a term equates to defining it. he is a terrible presenter, and doesn't explain anything. dont waste your time here

Sober up then watch it

i Lol'd

wrd

yes

some of my best trading is done when I'm high as a kite. I just see the chart so clearly and I know what's going to happen next.

I'm encouraged. I am going to try the same thing during June then invest real money in July

CHARLES TINOTENDA can you tell me what is this type of trading? Option or day trading? I make money day trading when stocks go up but he’s talking about making money while it’s going down. Really interested

How are you narrowing down the field to find stocks to watch? I use screeners, but not sure how to set the screener to point me at stocks with this potential

Raoul, where were you practicing with virtual money?

trade-ideas.com Their AI scans the pre market for up and down gappers.

Yes EVERYDAY LIVE, with acct # open in my chat room...$1 for a 30 day trial. If $1 isn't worth it to you, then it's NOT worth it for me to put out 100's of FREE video's on YT...Each week I put a new one out...check them out! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-38UPItfweWo.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xEjUd82NVVg.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-myr8zlg5de4.html

Live Traders how do we come to your chatroom

@@emrekocatepe6116 email INFO@LIVETRADERS.COM for access...

Keep pushing!! Cheers!

Thanks !

@@Live.Traders so did I, and in the last 3 months watching your content, i have to say you whipped this lazy trader into shape as far as stop losses and targets and sticking to the plan. even though i trade options, it all still applies. Thanks. You have convinced me, well you and some anomalies in the market, that as soon as my account is large enough to buy and short shares directly without options, that is the route i am going. Much less complicated for sure! i am guilty of all the stupid crap you mention, i didn't blow up my account completely, but i did see it go down by 2/3 at one point this year because i was over leveraged and got stuck in a few bad option trades that i didn't have a stop loss set on and got stuck on the hopium all the while watching the options go down down down and ultimately expire worthless. In the process now of following the plan like i did in the beginning to grow it to the size it was and more., and am much more consistent and much better at managing bad trades now. Thanks for that i needed a mental butt whippin! To make matters worse, i was on the verge of being able to trade full time for a living and am glad all this happened the way it did BEFORE selling my other business. God forbid i trade the way i did before i came across your content. Even though i had a high win rate, it left room for big losses and that is just stupid especially when it is so easy to mitigate that. Thanks again for the videos.

Yup...so why do so many people misunderstand the play? Cheers!

after resistance or support is broken

@@Live.Traders Hi there. No offense but the play at 25:03 made no sense to me since you brought in "a sell set-up" which you didn't explain what it was. Also, the 4th bar is too small isn't it? I don't know so i ask. Thanks man!

What platform are u using? if u don't mind.

@@mattbuddy6803 all trader use metatrader 4 dude but different broker

Cry Medusa how’s the 3-4 method been working for tou

You

@@ItsAmill Been using them for making option calls, I've placed some across snap and MSFT. With a single snap option i bought after a dip and using the pattern shown for when would be a good time to buy again, it made me over $100 overnight, on one option. If I bought multiple shares, each of them at around $1.04 when I purchased, I could have multiplied those each by another $100 per share. Deciding not to be greedy and trade smarter lately though, so I've been doing one at a time every day or two, and making steady profits while holding some long calls.

its a short...so your borrowing the stock and returning it to the broker at a lower price..and you make the difference

Fr I’m mad lost lol

@Bhseeker01 thanks for this comment

options trading

You get in as soon as bar #3 breaks the high of bar #1...ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xEjUd82NVVg.html

Congrats your smashing the market are you using the three or four bar pattern?

Jaipeva Perez we Americans think we created business. Forgive our hubris, we are a young nation full of cowboys 🤠

Zero sum game

shorts do the opposite

It's called shorting. You automatically buy and sell the stock at a high price and you "owe" your broker x amount of stocks. When the price goes down you buy the stocks and profit the difference.

@@tobiasdeanna6337 slowly I am understanding market manipulation, thanks for answering guys...

Yes

Of what i think... For this particular chapter, crypts are different than stocks because stocks have a opening and closing time, but cryptos market is open all the time for trading and weekends nowadays price activity is significant while stock markets are closed that time... However basic trading principles for both are similar... If you know when the volume of a crypto currency is going to shoot up then it's price would, then you can profit. Like when a crypto has crossed its resistance buy it till it reaches its next resistance point which will be it's high then sell it. Stop loss should be somewhere at its support level point, the previous resistance becomes support. But I think I found my mentor here, I really get encouraged to trade to make profits, and be noting it, so i really earn money, have fun and be happy. Looking forward on the session to read doji candle sticks. The principles u should follow while making financial trade explained here are spot on, would be applicable to some extent even for cryptos. Good day.

Copy trading sounds smart but is really not the best option as decisions made by other traders might not make much sense to you as an individual trader. My suggestion if you want to get in this business is paper trade, and learn from a trusted mentor. Like he explains in the video, trading is simple but it is very hard. Once you study and know what the market is all about, you’ll understand why we say this.

Only the most informed will outperform a diverse portfolio of index funds. See if you can do it with the dividends.

$gainers and $losers then filter them about.... ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xEjUd82NVVg.html

Very curious about that myself.

@@slicelifetv It's called shorting the stock.

Just looked in to it. It’s called short selling. You borrow stock and sell it at market price. You then hope it’s goes down in the dumps so you can then rebuy the shares and return them to the broker and you profit the difference.

put options

You can short the stock or buy a put.

Or the fact that they don't display how much they put into it in order to get these gains. Like the tesla one, "400+!!!!" yeah okay but it was only a 0.019% gain and he used over 2 million dollars... If my math is wrong please correct me.

@Joanna Hudson do you mind sharing your strategy? please

Most of the gain porn I see on reddit entail something like a $300k gain, but they already have a $500k balance. It's a nice gain, but wouldn't look as nice if they started out with a $500 balance and $300 gain before they YOLO it all on AMC and are back to like $400. Then again I saw some guy with $1mil that started with like $50k... his last trade I saw was a YOLO on AMC at like $15 though, hope he didn't diamond hands that lol.

@@TheBruceKeller Heh, and today when you see AMC at >$55/share... diamond-handing would have been the way to go!

@@br_i4360 yeah it worked out for him, I wonder how long diamond handing meme stocks at historically crazy valuations will work out. crypto and Fed printing has temporarily(maybe?) broken stocks. :-p

RU-vid enthusiasm what do you expect 😅

good to hear!

Percentage means nothing. Everything is based on Reward to Risk. So if I have an entry at $10, and a protective stop loss at $9.80. That's a 20 cent stop loss. SO, if I buy 1000 shares then I am risking $200 on that trade. Thus, my goal would be to make 40c or $400 (in that example). Percentage move of a stock means NOTHING. Only what you risk, and how much reward you get. I've seen stocks move 50% but you only make 2:1 on your money. Why? perhaps the stop loss is too wide, or needed to be that wide. Cheers!

Generally that's true. Cheers! @atombrain111

That’s not true, its whatever works for you but in tiers of what the game of life shows us. Some of you guys are fodders bc of attitude, lifestyle and intelligence to the villain in the story called life. Consistently making excuses about everything. Everything has to do with your mindset and importantly your cost of living. If you spend more money then you make everyday...then your broke and at best breaking even with no profits or green in your life...think about it. How fat people want to lose weight and get lean or just lose weight. More calories out then in, you have to be a negative deficit. If your not then you never lose weight! If you break even then you keep your weight...simple The more involved you get or the serious about this daily cost of living of what you are spending vs what you are gaining, your mindset around it will change. Not everyone is meant to be a CEO or boss, have millions but you can definitely be in the positive side of things instead of breaking even Or surviving...that’s not living....we can’t buy or do xyz because I have to wait till I get paid...bs You work 8 hours a day(assuming you don’t clock out for lunch) and say you sit in traffic for 30 min( to and from) everyday, that’s 9 hours...you lay out everything clothes and food ready a day ahead so it only takes you 30 min with your routine to leave your house. You are at 9:30 now a day...you get home and unwind for another 30 min...10 hours... You make 50k a year... 192 before taxes a day and let’s say they(taxes) take 30% your at 130 but let’s round up to $150 $150x5 equals $750 x 4 weeks average month and that’s $3000 Your life style exceeds that your broke, you are close to it your still broke...everyone should have a enough money to last them at least 3/4 months out. Not pay check to pay check. Work hard for yourself for 10 hours a day or till you pass out, you will see gains! You can own a business, hustle, flip or anything that turns your $1 into $2 everyday and live below your means till you can make bigger moves. If that looks like just owning a home and having your car paid off, your way ahead of the curve...so many people live off credit and have no money, pay attention. Investment I.e stocks, houses, items or anything is just a stepping stone to bigger moves. Jobs come to an end, if a business does bad, your job can be out sourced, automation is a real thing now a days, everyone now a days is a clown with bachelors degree in 💩 +5 years of experience...for what...”Johnny come into my office...so yeah Johnny see...the company isn’t doing to well and your a great employee but where gonna have to let you go...” Working and staying scared is what people making all the money want you to do...take that 30+ year mortgage and 60 month car payments on the brand new 2019 Chevy camero! Yeah! When they out right own their homes and cars... Don’t fool yourself I started with 1400 to my name and have over half a million...I’m on my way...stop lying to yourself and others Your just scared and what religious people call Luke warm. Either make money or the money make you. Make a million!

Jason Gardner You’re obviously a lazy fuck that doesn’t work hard.

Congrats!

Thats the best feeling

@@TheEpoXyy It is. For the longest time I felt I was so close to trade successfully but I was missing something until I found this channel. I love this pattern because of the small stop and greater reward. The chances of hitting the target are greater. Others just say "put your stop in the previous pivot", that's a LOT of money on the line when the trade goes against us.

He's "shorting" the stock, essentially betting against it

getting in just means taking a position - that can be long (buying) or short (selling), that is why he refers to getting in (short selling) before the price drops

I'm having trouble comprehending this stuff too. You aren't alone. I somehow know that if I can get it understood, it could be a way to quit the 9-5 mouse wheel. But it's Klingon to me as it is...

Have you seen much success with it?

What broker do you use for daytrading?

Is it workin

Lmao

Allen Malone he explains how he mitigates his risk with stop losses

@@jasonkirkcaldy7463 what he's trying to say is you have to have a lot of capital to make the money he's making to begin with. You're not going to be making this kind of daily money on a 500 dollar account

Allen Malone he's just trading more expensive stocks, u can use the same techniques in trading high volume penny stocks with like a $1000 of course your profit may not be 3k or 4k but the percentage gained profit from your $1000 would be like in comparison to the amount he's making in percentage gained profit considering the amount he's trading.

It's alot about growing your account slowly but with in a year you can surely turn that $1000 to $20,000 if you become a consistent trader :)

Doesn’t matter as the same technique can be applied to smaller accounts, smaller accounts only mean = smaller profits/losses but will accrue more capital over time as you consistently are making profit over loss.

For Sure !!

You set a stop order instead of limit order as you watch it set up, if you set the stop order at the right price then there you go it’s completed the setup and off you go to profits.

On most trading platforms, you can execute a sell order even if you don't own a stock, called shorting or going short. What then happens, is you borrow that stock from the broker to sell it, then when you buy the stock back, it automatically gets returned to the broker for a small percentage as a fee. If you buy it back at a lower price, you've made a profit, and vice-versa. So it's exactly the opposite of a normal buy-then-sell process (AKA going long). This also confused me at first.

@@andrewpurves5500 so is it like puts?

@@andrewpurves5500 So you're saying you can borrow money from the broker to buy/own stock from a company to sell, assuming the stock is on a downward trend, and sell before the big drop, and then purchase more of the stock after the drop and you will make money?

@@TheGamingInvestor yup, that's it

shorting. either way tho this guy makes it seem like the 6 -7 hundred bucks you make on a trade goes directly into your checking account. thats simply not how the world works that trade is now a few hundred bucks after brokrage fees and account transfer fees a couple hundred dollar trade is not worth most peoples time and unless your dealing with a mid five figure balance in your account to trade with the money your making on trades stays in that account not being spent on your mortgage/Bills etc...