I invested $500 for a handgun, $20 for a gloves and ski mask. I have already made $5000 profit in a few days. The store clerks are literally giving me free money when i enter their store
The wisest thing that should be on everyone’s mind currently should be to invest in different streams of income. This is a good time to invest in gold, silver and digital currencies (BTC , ETH) BonavestStockFx got you covered bonaveststockfx.com/ref/Jennifermatt
You really hit the nail on the head when you said the more you learn about stock trading the more you realize everything is priced in. When I first started looking into stocks I did research on companies I thought were going to do well and try to read graphs and whatnot. Now, years later, I just tell everyone to buy safe ETFs and leave their money long term.
@@DoodieSmoothie It means that the price of the stock has already been adjusted to account for whatever is happening with that stock. Like, let's say that Ford is going to release a hot new car that's absolutely going to sell a lot and make massive profits. You hear about this and think, "I'm gonna buy some Ford stock because it's going to rise, b/c of this hot new car." But the problem is, lots of other folks also know this, so they've been buying Ford stock too, so the price has already increased. And that's what "priced-in" means.
If these trading strategies actually worked they wouldn't be trying to sell you a course on it. Thank you for looking into and testing this Ben. Quite fascinating the level of grift they've done with the marketing.
@@jacobmullins8280 I wasnt refering to you. I was talking about the original commenter saying how if it actually worked they wouldn't sell courses on it. The fact is that they benefit in every way by selling courses on it. 1st they get money from you from selling it 2nd The more people that follow the same strategies the more that strategy becomes a self fulfilling prophecy. This meaning that they benefit from more people fallowing the same strategy since they are making their money from said trades. 3rd Day trading isn't a very scalable business model. This means that once you reach a certain amount of money you can't make any more. The most most people can probably achieve is around 50-100k a year. The most money you will probably ever have in your trading account is 100K. Theirs no point in having any more since you'll never use it. Now let me explain why it isn't scalable, When you make a trade you're hoping that the market goes a certain direction in the short term. If your position size is too large then the market will notice it. At some point in time you are actively influencing the direction that the stock goes. So let's say you buy a bunch of shares of any given company and you cause the stock to go one cent higher (or really one millionth of a cent) people can see you made such a large purchace and will dump their stock on you. Once its finally time for you to sell their is no one to buy since you bought everyone out. Now you drop and drop your price in hopes of getting out of the trade and end up with a huge loss. This is like an investor buying a small part of a company and then immediately selling. Of course the price is gonna go down and of course you're gonna take a loss. The small change in price upwards when you buy will not be enough to offset the costs of selling. That's why day traders can afford to give out their strategies because it doesn't hurt them because they can't take on large positions to begin with. It's like a small local business owner giving advice to a different small local business owner from a different state. It's highly improbable that someone from a different state will become your competition for your grocery items that you sell in your local store.
I teach a course on how to not be scammed by online courses. It's only $199 and all the classes are online. I guarantee that after you take my course online you'll never get scammed by online course scams.
-10:00 A.M Make a bag -4:00 P.M market closes -6:00 P.M super car shopping Wears a suit and tie in his own house. At what level of douchebaggery do you need to achieve such bullshit?
Yeah, this guy's a straight up narcissist con artist in my humble peasant opinion. Douchery to the max. It was hard to finish but I did it for the algorithm.
he also apparently wastes money on fuel and a helicopter pilot to make it in to the city before the stock market opens when he could, you know, just like use his MacBook's wifi
And of course you can find ALL such ideas in endless almost worthless books on options, day trading, etc. It's just that a $30 or $100 book that actually lists a LOT of option strategies at least seems a lot more honest, and such books normally don't pretend they'll make you a fortune at little risk.
The idea he affords all that on anything REMOTELY like a $50K account is SO ludicrous on its face it SHOULD have been obvious -- but sadly he is relying on newbs being newbs.
@@JeanMarceaux yea because poor treatment/compensation from employers (the government) breeds corruption. same way corrections officers make a livable wage for themselves by smuggling in drugs and cellphones for prisoners they're paid to keep in check.
Dude, I just LOVE your editing! The classical music is also epic. Great stuff man, keep it up! Btw, using a stop-loss on options is like trying to shove a pineapple up your own ass - painful and totally pointless.
Yes. Somehow, "Peter and the Wolf" is the PERFECT score for this sort of video. To me, stop losses PERIOD are pure delusion, but there are a lot of people buying into that particular delusion (re effectiveness over a meaningful time frame).
You’ve got real talent for making these really entertaining videos that keep it real across the board. Respect for both buying the course and then making money off it. Don’t forget to write the course off your taxes too. Keep killin it, man. You’re the only RU-vidr I click on immediately.
Benjamin, thank you! Your trading strategies have consistently profited me, on average, about £10k/a for atleast a year now. I took the "don't be a degenerate" strategy to heart and stopped yoloing stonks and got a respectable job.
So many noobs fall victim to these failed traders turned "gurus". Then after years of failing those same noobs start selling their own courses to the new noobs. Its a cycle
I like to browse comment sections on my brokers from time to time. On just small down periods lately, I see lots of people posting huge losses and actual ones because they bought same week or 30 day call options... then when it dips instead of realizing we're oversold and even if the trend is now sideways to possible down trend, they do the same with puts. When they should have bought puts at ATH's or nearing them... and when we dumped start dumping the puts and picking up calls at some point. And at extreme over sold gap downs... you know we're probably going to bounce the next day, it did trade up for the day starting to fill those gaps. Seasonality with "Santa rally" I'm bearish as can be. But even I bought calls. Many bought more puts lamenting they lost money the next day that we gapped up and then pumped. I'm thinking... trading is hard. And gambling. But why make it even stupider hard doing stupid stuff. Expiration 30 or less days is a gamble unless you have a reason to purchase the option... you have the underlying and want to lock in profits if the stock goes down, perhaps you have 100 shares of something and you sold a covered call that expires in 30 days or less... so you buy a put to protect your gains while you wait for expiration of your covered call. Okay... you're not looking to make big on the put, just protect your profits while your stocks are held as collateral on the covered call your wrote and sold. IF I'm making a gambling trade buying options puts or calls... I always go out at least 120 days... I prefer up to 180 days 120-180 days ideal; particularly on index ETF options like the SPY QQQ IWM XLI etc. Individual stocks 120 days can be good and only decent option. Individual stocks closer to the money. While these ETF indexes can be far from the money, they have good market makers that keep premiums consistent and liquidity available... particularly the SPY and QQQ. So you can do farther OTM if you want. Individual stocks, you may want to consider ATM or ITM so you at least get something... you can still exercise the option at the end of the day and own the underlying and sell covered calls to get DCA further down and maybe exit the trade in profits or at least break even. At the very least, less downside risk. And this is just common sense. Math. But no. Let's yolo a call option on AAPL because it pumped two days in a row near ATH's expiring today. And I don't have a margin account nor any way I could exercise the option if I'm ITM but no buyers for my contracts... AAPL you shouldn't have that problem, but other stocks... you're probably going to have that problem even with options ITM on expiration date. Nobody wants to pay the ITM value. And what they will pay maybe below what you paid in premium today or yesterday before they're set to expire. So you sort of need to exercise your options to make any profits or lose your entire premium you paid. But you don't have enough cash or a margin account to do so. And it's fine to buy options you don't intend to ever exercise. But you don't do that on the week of expiration or even the next few weeks to expiration. Theta value is what you're trading... it's going going gone 30 days to expiration.
this dude's first video was 10 months ago wtf. I've never seen someone blow up this fast on youtube. He deserves it tho high-quality videos, topical, informative, entertaining.
With statistically 90 percent of people being on the losing end of stock trading fuels it. Feels better when the guy says there was no way you could win lol. I like this channel but it's a bit pessimistic lol
I absolutely love your honesty. Just always have the mindset that every human being is selfish and think about their goal then you won't be fooled with these BS materials.
Dude I don’t know if it was intentional but you sound like Billy Bob Thornton from Bad Santa and the Christmas vibe of the video only adds to that lol. But those are my favorite Christmas movies so hell yeah. New sub.
you’re my favorite trading youtuber, always fun when you upload a new video and i can take a break from all the blah blah blah investing content i normally consume, i always walk away from your videos laughing and feeling like i learned something, love the patreon as well
You're my hero man. You're a rational voice in an irrational world. People are just so caught up in the short term and don't give themselves a long enough time horizon. The short term is just noise and you will mostly likey get burned.
Great video! It's hard to day trade, it's not for everyone so I prefer holding long term. I'd rather hold through crashes than see the price skyrocket right after I just sold (yeah don't ask me if it's based on real life experience lol)
5:55 That's why I subbed your channel... everyone wants to make money... you make money with us, because you educate us so that we don't have to spend a dime on those classes. It is a matter of principles. It is not about the money. Who is the right mind would fall for this guy? Clicks on those tiktoks does NOT necessarily mean, that anyone fell for it (if so, I guess young people with no clear direction in life). Those people are driven by their sever narcissistic personal disorder! They don't realize, how 99,9% of the population see them. They would be ashamed... but to the magic narcissism they will never ACCEPT the truth. I have narcissistic parents... I have my "field-tests" with them all my life. But I am no expert... just my thoughts 😊
7:42 Best part of the video Had me crying laughing when you said "If you want to have your money donated to Wall Street in real time" That's good stuff.
"It was so absokutely rediculous that it just might work" said multiple times in this video which leads me to think this is somewhat of a lifestyle for benjamin A true degen
Thank you for this!! Needed it lol I was very skeptical, to begin with, and your video confirms it. You got a new subscriber with me... btw did you take any of his trade alerts?
@ZeroHeroes without getting into too much detail, that's how long it takes. All the practice I've done paid off. Trading is disgustingly easy, it's learning curve that's disgustingly difficult.
This makes me so happy my mentor is Van Tharp, he teaches people how to shift their consciousness into higher states of awareness, actually integrates lots of hidden Spirituality and is one of the Only people to do that. His almost 100 years old and forgets what he is saying live in his videos, that's my type of mentor.
What people don't understand is the absolute fallacy of trading courses. Nobody's going to teach you how to replicate their hard gained edge on the market. It makes sense to buy courses for every possible job you might wanna learn, but your salary will come from the value added, (Gdp) that you create, that's the difference with speculation. There are some exceptions, courses organized by serious institutions that well recognise the efficient market hypothesis and teach you that, sometimes, you can exploit inefficencies if you're particularly good at analyzing fundamentals. (value investing)
I would even argue that with value based investing you are creating value. The reason is that you're essentially helping push the market towards a more reality-based price for an asset.
@@robbyfrank absolutely agree with you, I said value because It's named like this. You're just making the market more efficient by actively looking for inefficencies to exploit.
@@ashishpatel350 No, if someone has a super secret, amazing, 100% win rate strategy, they wouldn't bother teaching it to you. They'd just keep making money until they could retire early. Value investing is the opposite because as the earlier commenters said, it's a community effort to push stocks to a reality based price. Teaching people value investing is somewhat sensible but even then, typically a good teacher won't show you their whole portfolio since they won't want to influence you. There's a difference between the BS TikTok trading courses being shown and the actual classes on finance and economics and stock market theory.
Value is a completely subjective idea. Value investing is as speculative as day trading, this idea that there is one correct and rational way to invest is just ideology, like the EMT
since i came across your channel, i actually learned the most about trading, and actually made money. So yea... thanks for that. Keep up the awesome content.
Let's go man please more videos and more posts🙏. Your humor sense with the info about stocks and the market is so good 👌. I've been watching these again and again. WE WANT MORE OF THIS GOLD CONTENT 😫🥸👌
Ah yes. As a trader I totally wear my suit and cheer when I make a profit. /s Reality: you sit in your dirty pants and socks, get slightly nervous with a large profit and start waiting for the next loss. No hand rubbing or suits included.
OMG Winp Token!!! 00:35 Dude seriously what an awesome video can appreciate how much work went into this quality quality quality much love from Australia
@@johnsonpeterstone Ever since I lost my job with the ministry, I have been surviving through my investment with Mr Brew, I'm so glad I invested when 1 did.
@@jennifermichelle6115 I saw the recommendation but I didn't bother chatting him up, I keep losing really I still don't understand how the crypto market works though
@@craigbrown7886 I invested with him after I got a loan from a friend and now after receiving profit, I paid my friend and reinvested over and over again. I must say he's a very transparent and honest person.
Ben blessed us with a new video. Now can you show us the videos you've mentioned to gain more in depth knowledge for free? And maybe add more free learning sources?
@@smithjames5099 can share some tips that helped me, 1. Plan towards it 2. Be minimal on spending 3. Save money wisely towards retirement 4. Save to invest, it's a proven way to get richer.
I have had no luck investing in cryptocurrency,I actually invest on my own but my profit aren't always as I expect, sometimes I just keep loosing money
Out of all stocks you chose the company being acquired by AMD, and so almost perfectly correlated with AMD's price. Obviously, support and resistance cannot forecast tensions between the US and China, which is the only country yet to approve the M&A. Which is indeed a good lesson that TA works best when nothing is happening and you have no idea what the company is doing.
TA alone is not a good strategy - you want to use it to supplement fundamental analysis. There is merit when you can analyze trends and social sentiment while having a good understanding of a companies market and finance structure.
I watch your video not for knowledge cause i should read and do research not from a video explaining complex oversimplified with memes, but i'm watching for the enjoyment. I hope you get the ad revenue from my view. Your content is very fun and funny to watch, especially those who buy a lot of calls with their entire account 😂. I can only sell like a few puts every week or 2, and while my return is great, really great (but way less than these +1,00,000% a day, about 2.5% a mo) my risk is also less 😂😂😂
I started trading about 9 months into covid and very quickly realized that good trading has little to nothing to do with charts and support lines and EMAs/SMAs. To make successful trades you need to study market sentiment, current events, new/changing policy, and even pop culture. Only after studying that is any kind of chart technical analyses actually useful.
If you want to be successful in life you most take responsibility for your emotions.not place a blame on others just need to be fully involved in this great opportunity.
