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Online course (DVD) that contains all the market insights and knowledge that Steven Dux used to turn $27,000 into $1.3 million. Useful for beginner, intermediate and advanced traders alike, it reveals his trading methods and advice on how to successfully trade penny stocks.
The Secret To Making 7 Figures In A Year
- Learn how Steven Dux turned $27k into $1.3 Million in just one year
- Are you new to the world of trading and would like to know how to get started?
- Are you already somewhat experienced but would like to take your trading to the next level?
- Do you want to find out how I was able to make over $1 Million of profits in one short year?
In just 20 hours you will learn:
- The stock market basics from A-Z that you’ll need to get started
- The psychology of trading
- The difference between long and short side trading and how to take advantage of both positions
- The different risk management strategies to build your account steadily
- How to build your own statistics database and use it to take advantage of any trading method
- And most importantly: My top 8 trading strategies for today’s Penny Stock Market
Steven dux watched his dvd and here’s the notes
He says these 3 patterns work 85% of the time:
– First red day
– Buying morning panics or when the stock reaches the bottom of a crash
– Shorting spikes Also cut losses at 10% of stock price, and wait for the perfect pattern to come to you
And you should know that he has a high winning streak, it is very difficult to lose if you buy a ton of stocks and wait for it to rise just 3 cents. You’ll lose buying a couple of stocks and waiting for the stock to rise 5c, 10c, 50c, 70c, etc. That’s why Steven didn’t start until he had $27000
Take a year longing before you start shorting
Watch all the DVD’s and all webinaers .. after 3 months he said he GOT IT on a small account he say go long He say always risk !5% to 20%
Key: Finding the odds with best winning percentage based on the spreadsheets that you tracked and just sticking to them
Steven Dux My intro:
– Impressed he didn’t know english
– In this video it’s just an audio .. which words like this He uses no charts, no paint brush to show anything
– He was a bit difficult to understand him but I can understand I had to listen closely .. and sometimes when backwards a few times to work out what he said and I got it every time not an issue but you mite have to do the same BUT he’s using the words right though
Part 1: (Trading Technique) 48mins 0min – 4mins .. intro (disclaimer) .. nothing interesting
– He says pennystockshas more volatility but what does the word volatility mean?? What in the world is pennystocks?? – What in the world is ETF?? Just a bunch of letters to me
– Say ETF didn’t work can you give me like 5 reasons why then 5 reasons why pennystocks work over ETF
– He said he made alot of mistakes And why after stuydying all of tim skyes, michael good, tim gritani why were you still making so much mistakes?? So do you have a list of maybe 30 mistakes you made??
– Okay later on he gives some: He also says when he APPLIES or OBEYS these what he learnt from that’s when he see consistant WINS
1. Don’t be everywhere .. just FOCUS on 1 strategy .. He says multiple strategies won’t mean success He says focus on 1 pattern .. and which pattern?? the ones that giving you a high winning percentage
2. Says don’t follow anyone ALERTS Well then how will I know when the stocks SPIKE UP Dux?? He tells us at 31:40mins Say he uses software scanners (The the ROOT to his success) 42:22mins he shows what specifically he SCANS for and how often he scans
3. He say when the stocks beating you … don’t stall hurry up cut your losses or when it go down couple cents then get out
4. He says sometimes he was winning back to back maybe he won, won again, won a 3rd time, then a 4th time, then a 5th time he says because he was winning back to back like this .. he decided to bet MORE like all his money in his account .. He say NO .. you will get catch like that and the 6th time he LOST (I’ll explain this clearer)
5. He says if shorting .. buy in the weakness (47:36mins) – He say he saw patterns in all the trades okay you must have saved some .. can we see the trade patterns?? just to get an idea – He says he’s trying to increase winning percentage .. that’s KEY
– He gives the brokers he uses (what are brokers) And he gives the advantages and disadvantages (Very GOOD !!!)
– He gives 3 books use read (16:35mins)
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