Steven Dux: +230k today. $500K on the week

vincentnyc said:
Dude, u believe everything on the internet? Even account statement can be photoshop. Unless u breathing down his neck and see him trade. Don’t believe anyone say or show anything on the interweb. I was born at night, but not last night!
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The thing is rare unicorns do exist. But the general populace who can't make it will deny that such feats are possible. I myself had seen someone who is a top real estate agent CONSISTENTLY closing verified sales of average close to 100k a month when most agents could go for months without sale in a cyclical market.

Jesse Livermore made a billion inflation adjusted from scratch, but also went bust to multi millionaire thrice in his life. 5 million in 5 years isn't unattainable.
 
HolyGrailSeeker said:
From what I know his method is mostly shorting penny stocks that run up 200% or more and he will start to short them on the first red candle after a reversal wick candle...
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And meaningless as I question liquidity putting up any numbers like that... especially when his run looks like it was drawn in crayon.
 
i don't care what this steven dux makes. more importantly, what i like to know is. what is the statistics for his class? how many students has enrolled in his class so far? how many are successful profitable trader from his class and are still trading today? 1 out of a 100? what is the stats? anyone here is a student of him? can you vouch for him? can you share your experience from his class? are you using his exact trading method or have you develop your own?
 
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@destriero Much respect to you, you are the real deal. But so is Dux. Lots of different ways to trade, Dux's sharpe is good but not great. Also, he has tons of tail risk that you won't see in his historical numbers. Selling courses and chatrooms makes complete sense for his trading strategy. Not just for income diversification (zero market risk), but also improves the strategy's performance.
 
trader99 said:
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.
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Why not? As long as in aggregate he can avoid risk of ruin and net big profits. Most entrepreneurs and professional gamblers are like that, swing for the fence when they see a fat pitch.

There are more people trading that way than you realized, not all bad (or good), some people try to hit singles some aim for home runs.
 
My bad, a quick search on Dux suggests many inconsistencies between stated positions and P&L. So he may or may not be real. But there are others out there with similar strategies and risk profiles to Dux, making similar amounts. It's possible, but nothing special.
 
eleven_seconds said:
there are others out there with similar strategies and risk profiles to Dux, making similar amounts. It's possible, but nothing special.
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They are all scammers and charlatans.
In this industry there are more scammers and charlatans than highly profitable traders.
 
destriero said:
And meaningless as I question liquidity putting up any numbers like that... especially when his run looks like it was drawn in crayon.
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No way those numbers are put up in penny stocks. Unless you are running the scam :D and front run the volume.
 
ElCubano said:
No way those numbers are put up in penny stocks. Unless you are running the scam :D and front run the volume.
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Why do you think turning 30k to 5 mil in 5 years is impossible. Didn't Jesse Livermore turned nothing to
A billion inflation adjusted? That was also when it wasn't as liquid as now.
 
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