How to profit from Challenging Bear Markets: Learn Scalping in 2024

Рет қаралды 3,458

Күн бұрын

Thank you to Bellroy (‪@bellroy_official‬ ) for partnering with me for Journaling Gear (Get 10% off): bit.ly/41Pf1JF
Products Mentioned in Video: Search Tokyo Totepack and Work Folio from my link above on Bellroy's Website.
In 2024, I am adding Intraday Trading to my arsenal so that I now participate in all 3 timeframes (Intraday, Intermediate-Term, Long-Term). I used to believe that consistent profitable Day Trading was not possible. Through much effort, research, and time spent, I now believe it can be done (though it is still very difficult). I will share what I've learned in this video and will continue to share my journey along the way.
Please subscribe, turn on the notification bell 🔔, and share this video with your network.
--------Key Resources---------
1.) My Wealth Building Community (through Active Investing/Trading) on Substack (Over 21,000+ Public Readers): larrycheung.substack.com/
3.) Twitter ( @LarryCheungCFA where I sometimes post free ideas ) / larrycheungcfa
4.) Instagram (Come follow me @LarryCheungCFA where I periodically post Trade Recaps): / larrycheungcfa
5.) My Personal Brokerage (on Interactive Brokers which now pays 4.8%+ on all Idle Cash - a Must-have for Investors & Traders): www.interactivebrokers.com/mk...
6.) Best Deals for consumers (Sign up for Rakuten and get a $30 sign-up bonus): www.rakuten.com/r/LARRYC1975
7.) Seeking Alpha (Public Company Overviews): seekingalpha.com/author/larry...
Mag7 DCF Model Analysis
1.) Apple: larrycheung.substack.com/p/22...
2.) Amazon: larrycheung.substack.com/p/22...
3.) Microsoft: larrycheung.substack.com/p/22...
4.) Nvidia: larrycheung.substack.com/p/sp...
DCF Library: larrycheung.substack.com/t/dc...
Rest of Mag7 DCFs still in development
------------------------------------------
Personal Growth Video that I think you will enjoy: • 4 Things I wish I knew...
Linkedin (Come follow me): / larrycheung
Patreon (Exact same as Substack Investment Community): / larrycheung
-------
Thank you to my data partner YCharts: get.ycharts.com/resources/blo...
--------
*Social Media Reminder: Do not fall for scammers & impersonators who pretend to be me.

Пікірлер: 21

@LarryCheungCFA 5 ай бұрын

Thank you to Bellroy (@bellroy_official ) for partnering with me for Journaling Gear (Get 10% off): bit.ly/41Pf1JF Come join me on Substack for trading/investing research: larrycheung.substack.com/

@johnnyrodrigo 5 ай бұрын

Basically, this is an over-analytical description of monitored compulsive gambling within the paradigm of diversified Day-trading with a splash of collegiate vocabulary.

@jamesmatthews6476 5 ай бұрын

Just because you can't do it, doesn't mean other people aren't successful with it. Hate on hater.

@johnnyrodrigo 5 ай бұрын

@@jamesmatthews6476

@JoshuaJackson84 5 ай бұрын

I disagree. I think he did an exemplary job. I've been a full time da trader for 15 years.

@sneakymove 5 ай бұрын

U probably never traded profitably .

@johnnyrodrigo 5 ай бұрын

Amazing, the comments where I’m agreeing and laughing somehow magically get erased….

@magalengo 5 ай бұрын

I have never meet a multi-millionaire who made their fortune by day trading. Best of luck, you will need it.

@mkjyt1 5 ай бұрын

I can see Larry scalping 1000pepe on high leverage

@brittanymoudelle 5 ай бұрын

The buy and hold value traders warn against taxes.. the long-term strategy pays off more than the daily trading practice of day traders. But I want to believe there's a way day trading wins out, and what would be the basis of measurement to beat between the two? Could you do an analysis/video of this?

@jahouser6273 5 ай бұрын

Wow, so much advertising now, see ya

@Q5992vvr 5 ай бұрын

Ho's aint loyal

@orangeOHJAY 4 ай бұрын

I am also of the belief that day trading is primarily a losing game. A bunch of small wins might stack up, but a single loss destroys all of the previous gains. You've got to show up, every day, consistently, without a losing streak. Chances are, I'm not the guy for that. You have to have the wherewithal to withstand markets destroying your positions and coming back the next day faithful to your strategy. Sometimes I think about large PMs of billion dollar firms, they might collect pennies arbritraging alternative products in obscure markets after committing their lives to studying that niche. Meanwhile, I have a full time job and I think I'm going to make directional bets on the index and hope for success? Not to mention, the bulk of 2023 and 2024 has been relatively easy pickings. For me, it's just gambling. I hope for your success though.

@joevarga5982 5 ай бұрын

Day trading never worked for me. The daily fuctuations got me.

@johnnyrodrigo 5 ай бұрын

Truth

@ICTTRADERMASTER 3 ай бұрын

Just matter of time until he is selling a course

@wheatandtares9764 4 ай бұрын

Can anyone explain to a stupid person like me why and how you can day trade while invest at the same time? You'd have to allocate your capital from your long term or short term investments into day trading or use a portion of your capital to day trade while also wasting more time(while using also time to do research on your short and long term investments) to day trade. How is this not a stupid way to make money? It seems like a dumb way to use your capital and time to do both...