Chasing a quick buck, making a quick buck · @Madaznfootballr

  Рет қаралды 115,350

Chat With Traders

Chat With Traders

Күн бұрын

EP 124: When chasing a quick buck becomes making a quick buck w/ Max, @Madaznfootballr
With an appetite for fast money, it was only a matter of time before Max would try his hand at day trading...
But unlike scalping tickets, counting cards, reselling items on eBay and other schemes for chasing a quick buck, all of which Max had attempted, trading stuck-and it's since become his livelihood.
The only difference is now he really does make a quick buck. Because true to his nature, Max takes his trading profits in a "scalping" fashion.
To mention a few of the things we discussed; how traders can benefit from being independent thinkers, the nature of scalping strategies, optimizing your workflow, mindset and improving your psychological game, and plenty more.
--
Show notes: chatwithtraders.com/ep-124-ma...

Пікірлер: 217
@ChatWithTradersPodcast
@ChatWithTradersPodcast 7 жыл бұрын
Full show notes for this episode, available here: chatwithtraders.com/ep-124-max-madaznfootballr/
@Okayand33
@Okayand33 7 жыл бұрын
I would have loved to know the type of books max would recommend to new and upcoming traders; especially books on tape reading
@leversandpulleys9274
@leversandpulleys9274 4 жыл бұрын
seeing succesful trader says "i almost quit" helps me as much
@vegitoblue4390
@vegitoblue4390 3 жыл бұрын
5 months later are u still in it ?
@leversandpulleys9274
@leversandpulleys9274 3 жыл бұрын
@@vegitoblue4390 Still
@vegitoblue4390
@vegitoblue4390 3 жыл бұрын
@@leversandpulleys9274 cool!
@letssbereal
@letssbereal 3 жыл бұрын
Facts!
@Drubj
@Drubj 3 жыл бұрын
you profitable yet bro?
@sandramulvihill8058
@sandramulvihill8058 3 жыл бұрын
Aaron, you are such a wonderful interviewer! Concise, smart, you let the guest speak, you ask the right questions, I love listening to each and every episode. Thank you so much for all that you give, someone like me would never have access to these kind of content otherwise. Keep up the wonderful work and thank you again!
@EagleEyez786
@EagleEyez786 6 жыл бұрын
He is the only... and only..... honest guy in trading that I have seen... who does not care about telling his secrets to others for free... and I love his channel...
@JarJarBinkz68
@JarJarBinkz68 6 жыл бұрын
EagleEyez786 Tim grittani too
@anya2slszyk511
@anya2slszyk511 5 жыл бұрын
And Sean Dekmar also awesome guy and great penny stock teacher I learn form both Max and Sean But started my journey from Tim Sykes he's good as well All guys very transparent and inspiring 👌I very much appreciate all work they do for their community
@GemZbabe101
@GemZbabe101 3 жыл бұрын
Lx21
@alechamid235
@alechamid235 3 жыл бұрын
I think it's a cultural thing, Asian are some of the most generous and helpful people I know.
@LucidSoundz
@LucidSoundz 3 жыл бұрын
man that intro beat is no joke!
@onlyreflex8661
@onlyreflex8661 3 жыл бұрын
Didn't think Id stumble across a GOAT here!
@LucidSoundz
@LucidSoundz 3 жыл бұрын
@@onlyreflex8661 no wayyy man
@CT2507
@CT2507 5 жыл бұрын
i like how disciplined he went about preparing to become a trader. i guess being an engineer he knew the value of logic, propper preparation, common sense, creating and sticking to a plan...awesome, just inspiring.
@johnthompson4997
@johnthompson4997 6 жыл бұрын
Right on... Excellent information....from One Winner to another...
@nguaial8490
@nguaial8490 6 жыл бұрын
Thanks Max and Aaron for a great interview.
@JLinn2385
@JLinn2385 6 жыл бұрын
Wow, this was one of my favorite episodes. Great stuff!
@traveljunkies2697
@traveljunkies2697 5 жыл бұрын
Great work man ! Keep upload this type of stuff.
@kjunmariner
@kjunmariner 3 жыл бұрын
This was an excellent interview. I love the interviews where they're not being intentionally ambiguous or dodging questions. This guy just got followed.
@nicholaslaw8267
@nicholaslaw8267 6 жыл бұрын
awesome interview great insight on their knowledge and experience thanks for sharing .
@34jaxx
@34jaxx 7 жыл бұрын
Again another excellent interview and it is greatly appreciated.
@FooDaki
@FooDaki 4 жыл бұрын
this is gold , awsome interview.. subscribed!
@chhunlydul
@chhunlydul 7 жыл бұрын
Thank you guys!!
@madlife5
@madlife5 5 жыл бұрын
I've listened to many of these podcasts over the past couple days. This one is hands down my favorite. Love how relatable this guy is, especially as a beginning trader- a lot of things that he does can go directly into my way of doing things. Great interview. This got me to subscribe ;)
@rolandparks4318
@rolandparks4318 7 жыл бұрын
Great interview. Good work Aaron..
@alechamid235
@alechamid235 3 жыл бұрын
Max is one of my FAVORITE traders, and seems like a super nice guy.
@skyviewtrading
@skyviewtrading 6 жыл бұрын
I remember trading with Madaz back in the day in a chat room (that doesn't exist anymore). Much different trading style than myself but always enjoyed kicking around trade ideas with him. Cool dude! Nice to see you're still going at it madaz.
@androidnumber198
@androidnumber198 3 жыл бұрын
Eewee
@FastdounutTV
@FastdounutTV 3 жыл бұрын
dude has his own room now. crazy
@christopherwic6706
@christopherwic6706 6 жыл бұрын
Love this Video👍
@letssbereal
@letssbereal 3 жыл бұрын
Absolutely brilliant interview!!!!
@MrArtist1971
@MrArtist1971 4 жыл бұрын
3:37 You're welcome.
@samsun01
@samsun01 3 жыл бұрын
Thanks
@ramanan5u
@ramanan5u 3 жыл бұрын
Thank you kindly Aaron. Great information about Tape reading. Thank you boys!🇨🇦🇨🇦
@Theater1TV
@Theater1TV 2 жыл бұрын
Thanks so much 2 to 3 min scalping. I love it 😀.
@paragawaken
@paragawaken 5 жыл бұрын
Great work Aaron Great insight
@TheToxicTank
@TheToxicTank 7 жыл бұрын
Great interview. Really enjoyed this one. I have trouble wrapping my head around leaving some on the table when I am watching a position. I like that Max takes the win and moves to the next before that win turns against him.
@sidiebnou4958
@sidiebnou4958 7 жыл бұрын
Great guy and a great trader
@RogueMoney
@RogueMoney 3 жыл бұрын
Lov this interview
@AMDRyzenEnthusiastGroup
@AMDRyzenEnthusiastGroup 7 жыл бұрын
Max just described me, to a "T", when talking about his learning curve, and his psychological pitfalls. This is my favorite episode, to date.
@sfincione2000
@sfincione2000 5 жыл бұрын
I like this guy - he sounds very open and honest.
@coughforme21
@coughforme21 7 жыл бұрын
Good interview, Aaron. Good insights from Madaz. Hope I can succeed in the longterm by implementing some while eschewing others.
@BigBlackBe4r
@BigBlackBe4r 7 жыл бұрын
I've really enjoyed following Madaz for a couple of years now, and he is such a humble and generous person, and a seasoned trader. Learned a lot from him, and this interview is icing on the cake. Thanks again for another insightful podcast Aaron cheers !
@Financialdescipline
@Financialdescipline 2 жыл бұрын
Thank you Max and Aaron
@borys444
@borys444 7 жыл бұрын
A humbled guy, much respect for what he stands for. Giving back is the key in leaving a legacy behind once ur gone.
@maxdaytrader5463
@maxdaytrader5463 7 жыл бұрын
Fuck legacy. That is ego. However living a life that gives not only to yourself but others that's worth everything.
@arsa4fun
@arsa4fun 5 жыл бұрын
Great interview, guy just made 100k week couple days ago!
@369z
@369z 3 жыл бұрын
unconscious competence!
@SupaMan2122
@SupaMan2122 3 жыл бұрын
I’m exactly with him on 3 min and it’s given be best success as a scalper
@adebayooladipo3087
@adebayooladipo3087 6 жыл бұрын
... just to make up for the lost time, you are very correct. It happened to me too.
@hamisintunzwenimana8083
@hamisintunzwenimana8083 10 ай бұрын
Good Technical 1. General Tips, Learning process 2. Scalping / Hotkeys
@maxbaichikov1085
@maxbaichikov1085 7 жыл бұрын
This guy trades nicely!
@Sketching4Sanity
@Sketching4Sanity 2 жыл бұрын
Much Love
@dikduk
@dikduk 3 жыл бұрын
This was some 💎 💎
@adddad9779
@adddad9779 3 жыл бұрын
Love your podcasts man!! I listen to them while trading every day. My goal is to be featured one day on your podcast.... I have more work to do before anyone would want to hear my story.... Until then I am going to sit down and listen!
@theotht
@theotht 3 жыл бұрын
Madaz absolutely legend
@charlid-t7222
@charlid-t7222 3 жыл бұрын
Thanks a lot for that
@stephanefrechette2840
@stephanefrechette2840 3 жыл бұрын
Great interview. Very funny to realize Max is using the same 3 minutes candles like I do and for the exact same reason. I am an engineer as well and I think it’s in our nature to optimize things. Love 3 minutes charts ans I use Fibbonnacci sequence numbers for my EMA,s.
@MR1337SKI
@MR1337SKI 5 жыл бұрын
I owe you guys for the info to use a 3min setting on TOS charting. Holly crap! Such a simple tweak has made intraday chart reading so much clearer to me. It responds so well with EMA and VWAP. Love the info in these sessions. Straight GLD in this place!!!
@MHFIN
@MHFIN 4 жыл бұрын
What’s this?
@andregreen177
@andregreen177 3 жыл бұрын
Man I been using 2min strategy this whole time. Guess its time to test that 3min!
@Theater1TV
@Theater1TV 2 жыл бұрын
@@andregreen177 how is the 3min setting going
@tinyboy2006
@tinyboy2006 5 жыл бұрын
Awesome
@ankitkondilkar4832
@ankitkondilkar4832 2 жыл бұрын
Good questions
@quanlamtruong5870
@quanlamtruong5870 6 жыл бұрын
Very good stuff. Thank you!
@df-hh7yd
@df-hh7yd 6 жыл бұрын
nice interview
@TheStrataminor
@TheStrataminor 3 жыл бұрын
As a fulltime trader...it is ALL about the mind. I never used to think so but boy do I know it now....okay not all, but I would be far more successful than I am as I usually 60% right...good PA and TA skills but second guessing, fear, doubt are the biggest killers that I am still working on.
@maxxsee
@maxxsee 7 жыл бұрын
WOW had no idea madaz was gonna come on here. Madaz is just insanely skilled, just incredible. I watch some of his videos every day, many I've watched many times. Thank you so much for everything you teach man, and you do it free which says a lot about the person you are (I mean the info I learned from this, I know it costs thousands of dollars elsewhere and you just give it out for free), I salute you! Hope you keep them videos coming, and please please do that in depth hotkey vid it would be icing on the cake (even though I know you don't use hotkeys that much like ppl think, but just to learn if you do use them when, how, where and why in contrast to when/how you do just manually insert the order by typing numbers/clicking - advantages and dissadvantages because to me I don't yet understand your reasoning in these situations (because you haven't touched much on this subject specifically) and it would be super interesting and superuseful to learn. Right on!
@dillonmillions7671
@dillonmillions7671 7 жыл бұрын
You don't play Leauge of Legends without hotkeys, why shouldn't you do the same for trading. That's why i'm using hotkeys now.
@Piper-Down-EZ
@Piper-Down-EZ 6 жыл бұрын
BRO yes.....madaz gives out key info and it so simple to implement.....out of all the videos madaz goes into what he sees.....his mind set.....paper trading plus watching vids already getting better
@chris26022
@chris26022 5 жыл бұрын
His style reminds me so much of tim gritanni, Great interview!
@RawNoLimits
@RawNoLimits 3 жыл бұрын
Really? He's a lot more scalpy while Grittani is patient.
@chris26022
@chris26022 3 жыл бұрын
@@RawNoLimits this is very true. Tim has gotten more patient over the past year as well so your statement is valid.
@user-xi4jw4mh7p
@user-xi4jw4mh7p 7 жыл бұрын
Aaron.. Ill pay anything to listen to Navinder Singh Sarao 😁
@carmineglitch
@carmineglitch 3 жыл бұрын
I've been trading for sometime, and I 100 hundred percent agree if your happy in other parts of your life and off time, it really translates into your success as a trader, massively.
@Theater1TV
@Theater1TV 2 жыл бұрын
My account reflects my current relationship, not looking to good rn. But i have better entries no real exit plan.
@StoicTrader-
@StoicTrader- 8 ай бұрын
​@@Theater1TVHow's it going for ya bud
@LakesideTrades
@LakesideTrades 3 жыл бұрын
We need a follow up chat with Madaz!
@eljuanramon
@eljuanramon 6 жыл бұрын
madaz is a fucking beast!!! I have been wtching all his videos and.....respect I don`t like scarp but watching madaz!! .........inspires me!!
@JonahGhost
@JonahGhost 7 жыл бұрын
lol wow his friend with the lotus did the same shit i did. except i bought the JNUG stock when it dropped to the 4-5 dollar range, then it popped up to 16 dollars.
@sereyboth6334
@sereyboth6334 6 жыл бұрын
Hi, Todd!! Could you tell the name of the man after Andrew Baptiste again?? :-) Anw, appreciate what you have shared on the vlogs. Big fan!!
@lukejbonner3739
@lukejbonner3739 4 жыл бұрын
Bro, what mic are you using? It sounds amazing.
@mikbarrow2665
@mikbarrow2665 6 жыл бұрын
You should get Miss tradesandtikes, female trader on here. Scalping I guess it works for some, but others not so much.
@plporterjr
@plporterjr 5 жыл бұрын
I've been following Max for years now myself. Early on I think I subconsciously modeled my style after his it seemed like. I've been wondering what's happened to him? Does anyone know?
@trh53085
@trh53085 4 жыл бұрын
One of the only traders I know who isnt full of shit. Solid trader
@catalincata9043
@catalincata9043 7 жыл бұрын
You gotta do Meir Barak, he has so much wisdom and knowledge to share also. Great interview btw!
@malthus101
@malthus101 5 жыл бұрын
looks like a hack
@kirbycoe4293
@kirbycoe4293 4 жыл бұрын
Cool interview. Coincidentally while listening to this today, I see that he had a personal best trading today of over $80,000 profit in just one day.
@stupidchannel1000
@stupidchannel1000 3 жыл бұрын
Yeah no you didn’t
@brianramirez8255
@brianramirez8255 4 жыл бұрын
This is my kinda trading.
@gregorio3292
@gregorio3292 6 жыл бұрын
have you take the first candle ? star the day 9;30
@kungfury6410
@kungfury6410 3 жыл бұрын
Just for reference, his broker statement says he made $4 million as of February this year (2021), and on his website, anecdotal I know, he made $9 million as of April ( he does show losses on the website including a $1.3 million dollar loss).
@jakeydeadnut5603
@jakeydeadnut5603 7 жыл бұрын
interview julian Wong please!
@vuonghoang6307
@vuonghoang6307 7 жыл бұрын
Mad respect for you max.
@jeonhanpark95
@jeonhanpark95 Жыл бұрын
I feel like max is my spiritual brother. We share a lot of similarities background and personality.
@banginzaza
@banginzaza 7 ай бұрын
Lotus was $40K brand new in that time period. Same price as some brand new regular cars at the time. Look it up 😂😂😂
@malthus101
@malthus101 5 жыл бұрын
300K + 200K so HALF A MILLION DOLLARS... yeah I think I'm ok to quite my job and trade full-time now... gimme a break. I did that with only 10K to my name, and that was all in the trading account! (didn't work but.... you get the point!)
@theantferdy
@theantferdy 3 жыл бұрын
about his strategy 33:38
@letssbereal
@letssbereal 3 жыл бұрын
I literally just sent this to my friend and told him to listen to it from right there!!!!
@letssbereal
@letssbereal 3 жыл бұрын
.. as in we was just literally having this conversation earlier today, this was like music to our ears. These guys are doing such an awesome job with these podcasts! I’m so encouraged by them
@ImmyYousafzai
@ImmyYousafzai 3 жыл бұрын
46:00 the scanner settings
@sirebrawl2404
@sirebrawl2404 6 жыл бұрын
As to Level 2, I've heard multiple times about "manipulation." Can anyone suggest resources (videos or articles) to education myself on this.
@Sinbadness
@Sinbadness 6 жыл бұрын
Dustin Dobrilovic yes , learn who the key market makers are . You can see them play both the bid and ask side at the same price . Is manipulating the stock . That’s one example
@Sinbadness
@Sinbadness 3 жыл бұрын
@Ste 45 I love you and your family buddy
@ImmyYousafzai
@ImmyYousafzai 3 жыл бұрын
55:00 VWAP
@mikechan231
@mikechan231 3 жыл бұрын
How do you save $300k on a $50k salary . Forget trading, just keep saving!
@sweethoney0016
@sweethoney0016 3 жыл бұрын
Two years of 6 figures thats already over 200k
@rome7665
@rome7665 3 жыл бұрын
who is better: Ross or Madaz?
@fabledreamor
@fabledreamor 5 жыл бұрын
Lol I bought Dang Dang too, but I lost only $200.
@ahmedmoustafa6829
@ahmedmoustafa6829 6 жыл бұрын
he didn't say what exactly he studied to learn day trading. i just wonder how/what he learned ?
@letssbereal
@letssbereal 3 жыл бұрын
What is hot keys?
@jahmed31292
@jahmed31292 3 жыл бұрын
Man would love to here from Max again here
@ashurafreedan
@ashurafreedan 7 жыл бұрын
madaz? moar like badass
@Theater1TV
@Theater1TV 2 жыл бұрын
Do he mention how he changes the position size while scalping?
@TheAngryyTroll
@TheAngryyTroll 2 жыл бұрын
Hot keys
@LaurisMarchs
@LaurisMarchs 7 жыл бұрын
team auto like
@vnyskeshi58
@vnyskeshi58 3 жыл бұрын
What does he mean when he says he has a pair of hotkeys for enter and exit? Can somebody please explain
@adanam6377
@adanam6377 3 жыл бұрын
He referring to special function keys on the keyboard that is set up to buy and sell fast rather than keying the command. It is faster to sell and buy at market or limit order price very fast. This important for scalping - fast in and out of a position so seconds matter for making or losing $$.
@vnyskeshi58
@vnyskeshi58 3 жыл бұрын
@@adanam6377 yeah bro , but he said that he has a "pair" for entry and exist, how do u have a pair? To add liquidity and remove liquidity in entry as well as exit??
@zkhan9936
@zkhan9936 3 жыл бұрын
GET @TheShortBear on here
@chicagomycity
@chicagomycity 5 жыл бұрын
Interview the guy from EatSleepProfit.....I have no idea what his name is. But he has YT channel by the same name.
@sentapt8387
@sentapt8387 7 жыл бұрын
Just curious. Why was my post deleted? Obviously you didn't like me asking his real name and whether you have looked at his P&L. One just cannot hide behind an alias if oyu are in the public domain. Mad Max? Bat Man?
@kadrianenyia_
@kadrianenyia_ 6 жыл бұрын
he posts his profits everyday on twitter and his website
@AlexPotts
@AlexPotts 6 жыл бұрын
I’m very skeptical of someone making that much money that early, but who knows
@liam-n8098
@liam-n8098 5 жыл бұрын
Alex Potts there’s no timeline for success lol
@VicDamoneJr82
@VicDamoneJr82 5 жыл бұрын
Alex Potts I agree something doesn’t add up he learned quickly in a year and saved 5 years of his salary and used real money to trade nothing adds up
@TenTonNuke
@TenTonNuke Ай бұрын
His friend went YOLO on a company that just had a global disaster and then used the profits to buy a car. Whatever you do, don't listen to the friend.
@chrisandrews3793
@chrisandrews3793 4 жыл бұрын
34:00 and 56:00 and 59:45
@buildingwealth3193
@buildingwealth3193 4 жыл бұрын
1:04:00 is very important. A clear mindset = better trader
@jtrad3z
@jtrad3z 3 жыл бұрын
How’d the hell you save 5 years salary in two years?
@intercrew99
@intercrew99 3 жыл бұрын
He said he did it by saving from his job as well as saving from his day trading. Plus he had two years of 6 figures. So that 200k there. Also I thought he said 5 years salary in 3 years. That's probably another 50k assuming he used 1/3 his salary for living cheap (even more by living really cheap)
@VicDamoneJr82
@VicDamoneJr82 3 жыл бұрын
Agreed he’s lying
@DK4Code
@DK4Code 3 жыл бұрын
We asians live with our parent. 😂
@jtrad3z
@jtrad3z 3 жыл бұрын
Just wondering cuz that crazy
@BrokeAgain
@BrokeAgain 3 жыл бұрын
so... Engineering 5x $300k? plus another $200k ...?
@VicDamoneJr82
@VicDamoneJr82 5 жыл бұрын
It only took you a year? Your like a wonderkin ... and why is level two so crucial when you just said you look at patterns ... why would you go small when your scalping 🧐
@theowlninja3205
@theowlninja3205 4 жыл бұрын
Start of this podcast is just kinda award lisining to the guest laugh at everything he says
@eddyvideostar
@eddyvideostar 6 жыл бұрын
These interviews do not demonstrate -- many are just long in loquacity.
@infoloisirio6935
@infoloisirio6935 Жыл бұрын
Why would any successful trader teach? Just asking ;)
@kanob6440
@kanob6440 7 жыл бұрын
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