📌Foreign trader Alex Temiz, from a Starbucks barista with a weekly salary of 150, to a super trader who earns millions of dollars every year, he seems to have realized something😍🚀
In 2023, he launched an open real-time challenge to use 35,000 US dollars of capital to make 1 million by the end of the year. As a result, he completed the challenge in just 55 days and earned nearly 30 times the profit🥲
His most classic order was to short AMC at 70 US dollars and take profits at 30, making 700,000 US dollars in one order. Such a precise and efficient trading method , but he stipulated that he would only make 10 million a year at most~
Hey, here I am, welcome to the speculation laboratory. Alex came into contact with the trading market at the age of 19 because his girlfriend broke up with him because he was poor. He was very sad and determined to be rich enough to make his girlfriend regret it.
Alex looked around all the industries he could do and found that the stock market was the only way to turn around, so he sold the four wheels of his car and raised $2,000 in capital to start his trading career. From then on, he worked at night and traded stocks during the day. He had a talent for trading. As long as he bought any stock, it would collapse, with few exceptions. This hellish thing lasted for a whole year until one day a master told him that he could actually press the short-selling button and stop buying.
With just this sentence, the gears of fate began to turn. The first stock he shorted was VGG, which had been delisted. It fell by nearly 50% in 10 minutes after entering the market. Alex made an unprecedented profit of $1,000 in this wave. At the age of 22, his account began to grow exponentially.
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📍Alex He likes to trade small-cap stocks with low circulation, small market value and low price the most, because the volatility of such stocks is very large, and he can use a relatively small amount of funds to gain the largest profit space~
He will get up at six o'clock every morning to start a day's trading. First, he will look at which stocks have a large increase and a gap, and find those stocks that gap near the key resistance. Don't consider stocks that gap near the previous high, as the probability of this trend continuing to rise is too high~
Then analyze which of these stocks are driven by news or fundamentals, and which ones fluctuate sharply without any good news. If a stock has no news or fundamental news, then the probability of its rise being a scam is relatively high, and it is difficult to sustain a rise without a catalyst!
For example, he often uses documents submitted by the U.S. Securities and Exchange Commission (SEC) to learn about the detailed financial information of these companies, investment opportunities and major events that have been ignored by the market, such as mergers and acquisitions/important contracts/management changes or legal proceedings, etc., which may all be possible. It will have a great impact on the stock price!
📍Finally, we need to further narrow the scope and screen out those stocks that have also risen a lot but are not outstanding. Especially if there is a huge swing high before the opening, we can mark the key resistance areas of this trend. , you can consider short selling when the price reaches near the key resistance area again!
Be sure to avoid stocks that are too popular and have too much trading volume. They attract too much attention and attract too much liquidity. At this time, the opponent market is too strong and it is easy to be taken away by a wave/
Just like the most beautiful girl in a bar, it’s difficult to take advantage when many people want to strike up a conversation. You can wait until the next day to target the hot targets of the previous day, because they may have changed the next day. Into a supporting role👍
Alex's ability to navigate the volatile market has a lot to do with his ability to control risks and adjust positions to maximize returns.
His way of controlling risk is simple and crude, that is, the final stop loss must be above the high point of the mandatory pre-market swing. He believes that if the price has the ability to break through this high point, it is likely to continue to rise/
Therefore, the stop loss cannot be a vague stop loss, it must be firm and without hesitation. The range of the stop loss cannot exceed the average profit of two days. For example, if you can make an average of 100 US dollars per day for a month, the maximum single loss cannot exceed 200/
Many people often trade in vain for two weeks or even a month after stopping the loss in one transaction. This kind of retracement is too harmful to the account and must be avoided!
Alex will rate trading signals. Strategies with a higher probability of making money in the past, or signals with more resonance, will be rated A. For example, the order size is usually US$10,000. When the signal of strategy A appears, the order size will be set to US$100,000. If it is a B-level or less resonant signal, it will be the normal US$20,000 or US$10,000. /
Although this kind of proportional position adjustment is risky, it is like playing blackjack. Even if you get 20 points, the dealer may still get 21 points to win the chips, but it is very difficult to dare to bet when you get good cards. It’s hard to be a good trader!
However, there must be an upper limit here to prevent the account from shrinking significantly. The maximum trading position cannot exceed 20% of the account funds~
Now he can trade for about an hour at most every day. He has begun to enjoy the pleasure of stable profits and no longer pursues big accounts and big profit goals, which would require traders to do the right things throughout their lives and spend a lot of time every day. Do market research and read the company’s financial reports, otherwise you will lose tens or even millions if you are not careful😮💨
He doesn't want to live that kind of life. Frequent trading and frequent cash withdrawals are the happiest things. Trading is something he will do for a lifetime! #btc