I don't dispute any of the above... I was referring to trading of penny stocks. None of this was from penny stocks (if real).
Steven Dux: +230k today. $500K on the week
- Thread starter trader99
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I don't dispute any of the above... I was referring to trading of penny stocks. None of this was from penny stocks (if real).
this steven dux guys is similar to ross from warrior trading where ross uses hot keys and trade gap and go strategy with thousands of shares. all i gotta say is most beginners don't have that much money to trade that way and even if they did, they don't have the experience and will end up blowing the account eventually. this style of trading is very dangerous for beginners.
You and I probably think of penny stocks the same way: sub-dollar garbage fraud companies traded largely by ihub degenerates. But there is now a tendency for many to call low-float stocks "penny-stocks" even if the company's stock is selling for more than $1 or even $10 or $20/share.
CHNR 9.4 MM float, volume yesterday 47.7 MM lol
IMRN 4.4 MM float, 19.6 MM shares traded yesterday.
CLDX 18.9 MM float, 22 MM shares traded yesterday
CTIB 2.1 MM float, 38.2 MM shares traded yesterday. Hit a premarket high of $12.45 I believe it was and sold off all day from there.
My float and shares traded data come from Scanz (formerly Equity Feed) and are sometimes off with other sources but typically close. Each of these stocks was on every low float traders AM scans as a leading gapper one day this week.
So you made over 37 million???
Thanks for your polite answer. It is clear that you are very educated... with very long toes.
The only thing that counts is money in the bank. All the rest is BS. That's what you would tell if someone else would post things like you just did.
PS: blocked or unblocked, your ego is so big that you will do anything to read what others post. So blocking you is useless.
Watch out for your blood pressure, as high blood pressure in combination with obesity can kill.
I will block you again at your request.
Guys, I am new here, but i am quite concerned by all the skepticism by all of you who thinks all is fake when someone made that kind of performance like Dux, me myself I won't take any opinion if I dont research and prove it myself or have someone researched it thoroughly.
Why can't there be someone special, 1 out of 1000 traders, just like Einstein, how many people in the world can be like Einstein? I am not saying he is the Einstein of traders, i am just saying that almost everyone here have all the "FAKE" mindset just because someone made very unrealistic gain ACCORDING TO YOUR STANDARD, maybe he is the non standard guy.
I am also a new trader, in the pursuit of getting my trading journey, I traded 12 years ago, lost my 20K USD in 2 years doing day trading, studying day and night, not much sleep, i worked really really hard at that time, i was so tired untill i got convulsion, I was a gambler that day, i say i am a gambler because i cannot control my emotion back then, lots of personal life problem too, and I gave up my hope to be a fund manager at that time, and now i am back again, because i know there is something that is possible to be a profitable trader, still doing the daytrade these few weeks, not so good results because of the PDT rule on a 5K account, afraid to close the losing trade because I will lose all my trading permission because of the PDT, because i need to reenter when i closed the trade, and that i cannot do, so maybe i should send my IB broker 25K, but i need to be safe for now.
Some people even the advanced trader also think that PENNY stock is sub 1 dollar, it isn't anymore, maybe i read it somewhere in investopedia.
anyway, i read about Dux also follow him on youtube, i saw a review of Dux at :
https://www.tradingschools.org/reviews/steven-duxi/
“Steven is one of the best at shorting that I have ever witnessed. He sells the shitty stocks that the pump artists are always buying” and “Steven is a highly focused contrarian that dances to his own tune. Everything he knows comes from a past that is unpolluted by the hordes of trading educators pushing BS services."
please check it out.
Oh, one more thing: being a teacher is not always money oriented, some people do it freely, some take money, most educators are fake I know, but some people do it just because of their past experience, being a teacher as a Chinese is not the same as being a teacher in USA if you know what i mean.
I am 50 years old now, I don't know if i can be a good trader before i died.
Regards to all traders here, hope we can be what we want to be someday.
Why can't there be someone special, 1 out of 1000 traders, just like Einstein, how many people in the world can be like Einstein? I am not saying he is the Einstein of traders, i am just saying that almost everyone here have all the "FAKE" mindset just because someone made very unrealistic gain ACCORDING TO YOUR STANDARD, maybe he is the non standard guy.
I am also a new trader, in the pursuit of getting my trading journey, I traded 12 years ago, lost my 20K USD in 2 years doing day trading, studying day and night, not much sleep, i worked really really hard at that time, i was so tired untill i got convulsion, I was a gambler that day, i say i am a gambler because i cannot control my emotion back then, lots of personal life problem too, and I gave up my hope to be a fund manager at that time, and now i am back again, because i know there is something that is possible to be a profitable trader, still doing the daytrade these few weeks, not so good results because of the PDT rule on a 5K account, afraid to close the losing trade because I will lose all my trading permission because of the PDT, because i need to reenter when i closed the trade, and that i cannot do, so maybe i should send my IB broker 25K, but i need to be safe for now.
Some people even the advanced trader also think that PENNY stock is sub 1 dollar, it isn't anymore, maybe i read it somewhere in investopedia.
anyway, i read about Dux also follow him on youtube, i saw a review of Dux at :
https://www.tradingschools.org/reviews/steven-duxi/
“Steven is one of the best at shorting that I have ever witnessed. He sells the shitty stocks that the pump artists are always buying” and “Steven is a highly focused contrarian that dances to his own tune. Everything he knows comes from a past that is unpolluted by the hordes of trading educators pushing BS services."
please check it out.
Oh, one more thing: being a teacher is not always money oriented, some people do it freely, some take money, most educators are fake I know, but some people do it just because of their past experience, being a teacher as a Chinese is not the same as being a teacher in USA if you know what i mean.
I am 50 years old now, I don't know if i can be a good trader before i died.
Regards to all traders here, hope we can be what we want to be someday.
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The reason everyone does not believe all the 1 in 1000 traders that seem to make it is because we get scumbags like tradingschools.org who come out and promote the garbage, which is flatly FALSE.
He sells to the highest bidder, and will promote whomever pays him the most to keep quiet about their fraud.
Steven Dux seems legit on but what concerns me is that he never shows his big losses except the one time I saw on his statement where he was down $200K+ on the month.
On the other hand, Madaz is legit. I've been in his chat room for a few months. I've seen him call out trades in real time. I've seen him down -$40K in TSLA in a few minutes.
Recently, he's up $167K in 2 days: https://madazmoney.com/post/epic-da...0-on-chk-imrn-in-two-days-new-personal-record
But shortly afterwards, he had a six figure loss day!
ROFL! Madaz is real, but he has bad risk mgmt in my opinion. Of course, for the month of June he's still up six figures because he has so many five figure days.
Not every trader that makes big money is fake.
BUT BUT BUT it doesn't mean they are good trader or the kind of trader you want to imitate.
He likes to swing big shares. Of course, when he's right he makes tons. but when he's wrong he can be down $40K in minutes. Last week he was down -$90K intraday and held until it turned green $12K.
It's because of that attitude let's hold losers until they turn winners is why he was down six figures in ONE DAY despite being up six figures a few days earlier.
That's why I stop subscribing to his room. Sure he can make money. But on a risk adjusted basis, it's too scary and a very risky trading methodology.
I spend my time trying to reduce risk and get the best risk/reward. I know his style because i used to be like that(not same magnitude). Lately, I have a change of heart and mind and focus on better risk mgmt. So my PNL has lower volatility.
On the other hand, Madaz is legit. I've been in his chat room for a few months. I've seen him call out trades in real time. I've seen him down -$40K in TSLA in a few minutes.
Recently, he's up $167K in 2 days: https://madazmoney.com/post/epic-da...0-on-chk-imrn-in-two-days-new-personal-record
But shortly afterwards, he had a six figure loss day!
ROFL! Madaz is real, but he has bad risk mgmt in my opinion. Of course, for the month of June he's still up six figures because he has so many five figure days.
Not every trader that makes big money is fake.
BUT BUT BUT it doesn't mean they are good trader or the kind of trader you want to imitate.
He likes to swing big shares. Of course, when he's right he makes tons. but when he's wrong he can be down $40K in minutes. Last week he was down -$90K intraday and held until it turned green $12K.
It's because of that attitude let's hold losers until they turn winners is why he was down six figures in ONE DAY despite being up six figures a few days earlier.
That's why I stop subscribing to his room. Sure he can make money. But on a risk adjusted basis, it's too scary and a very risky trading methodology.
I spend my time trying to reduce risk and get the best risk/reward. I know his style because i used to be like that(not same magnitude). Lately, I have a change of heart and mind and focus on better risk mgmt. So my PNL has lower volatility.