ไม่สามารถเล่นวิดีโอนี้
ขออภัยในความไม่สะดวก
Trading PRODIGY Grows $4,000 to $41,307 (no meme stocks) | Rising Star
ฝัง
- เผยแพร่เมื่อ 5 พ.ย. 2022
- Subscribe to our Second Channel: @tastylivetrending
Check out more options and trading videos at www.tastylive.com!
======== tastylive.com ========
tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we’ll help you take your trading to the next level, whether you are new to trading or a seasoned veteran.
Follow us on Twitter: tastyliveshow
Check out our Instagram: tastyliveshow
tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure(www.theocc.com...) and the Futures and Exchange Traded Options Risk Disclosure Statement(assets.tastywo....
Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request.
tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.
tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with tastylive whereby tastytrade pays compensation to tastylive to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of tastylive by tastytrade. tastytrade and tastylive are separate, but affiliated, entities with their own products and services. tastylive is the direct parent company of tastytrade.
When done with proper mechanism, investing in the markets literally feels like printing your own money! IMHO a more conservative, strategic approach to trading is most ideal!
Lol, I've never felt so dumb. I've been trying to refine a strategy but trading is just too complicated ….... I'm still trying to wrap my head around it.
Left my job in June ... Once I found trading and started making more than I was while working. That was it for me! Though I was lucky enough to use leverage from an expert, it gave me flexibility to still work while earning tons in the stock options market
I can't wait to quit my job. I swing trade and I am making much more than my day job. I want to have at least 500K from trading before I quit the job I hate. I am on it because I need to pay bills and I am a single mom
@@barbborstein7640 Any tips for a nitwit beginner who's trying to get started? Seems unreal a bit of a difficult concept to grasp
Personally I prefer using the algorithmic trading system. No brains or effort on your part needed and it’s quite profitable! This way I actively manage my passive income and passively manage my active income
JUST FANTASTIC! This kid is a superstar, not a future superstar but already now a true superstar!!
I would love to learn more detail about his proprietary modelling he taught himself. Tom should hire him immediately.
He's only going to get better and better!!!
Wow this kid is a literal genius! The interview was great with thoughtful and intelligent dialogue on both sides, looking forward to more future star interviews!
how is he a "literal" genius? do you even know what quantifies a genius? smh
@@ryen7335 Its like the language that came from Supreme Court Justice Potter Stewart "I know it when I see it" regarding this young person's obvious intellect and talent on display.
This kid sounds so mature! I bet a lot of MBA students would not be able to talk so intelligently about the market. Way to go, Jacob.
As an MBA, I concur. Will also add that half of the students on my final project team wouldn't even be able to follow this discussion.
No lie, I was shocked by his voice
@@JBS7551 hard to watch how? grow up man
Because Jacob is a girl. A very smart and soon to be rich girl.
@@JwowSaechao get a life...trolling kids is illegal
3:27 Listen to this part again. It is a girl, that is why.
Me too, but makes sense bc of his twin’s
Wow, what an impressive young man. Great mind. And so well spoken . His parents should be so proud of him.
I really enjoyed this interview and it was great to hear Jacob’s story & his future plans. More of these please!
This kid is on the ball! Now if we only get him outfitted in a TastyTrade ballcap or Sos Grande beret, it’s well earned!
Glad to see future stars is back! Your guest was awesome. He sound incredibly bright with a awesome future ahead.
Fantastic! Loved every second of the interview! Would love to see Jacob back on the channel again!
This guy is something special! Very impressive kid with his knowledge at that age.
love that rising star is back, and this kid, wow, amazing !!! good stuff
Awesome interview! Jacob has a bright future ahead and his accomplishments are very impressive! Great video!
Great great interview! Love this kid - great questions from Tom and great answers from Jacob! well done!
Kid has dunked on my whole life but you know what, cheers for you my guy, go big 🎉
He has done far more than I have and I am twice his age lol 😂
There’s no race gods time is the best time
oh wow...this kid will be another Tom in the future!..i would of love to have friends like this when i was a kid!...GENIUS!!
Very bright and articulate young man but what statregies was he using to increase his account 10x ?
Did he even use options ? Not sure.
I understand he came out with a proprietary model, but I would have liked to know more. Oil ETF,,,,,,
I must have missed something
It sounds like he was arbing short-long positions between oil ETFs and other products based on the underlining IV of the products relative to the price action to find small arbitrage plays that are not definite, but rather speculative based on IV, then trading them.
Maybe I'm wrong as he didn't go deep into it here, but that'd explain why this year he's not done too well (only up a few percent), as his prop model broke as soon as others found the arb play and begun doing it their self, or simply the differing market dynamics changing the way the underlinings move - or rather as he mentioned the main underlinings are no longer on-market the more inefficient products he was using no longer exist and thus he's not able to find an opportunity anymore based on his models.
Ultimately this is why I do not try to find such plays, but instead subscribe to the opposite of what him and Tom do - believing the market is NOT efficient, and rather than trying to play the numbers and arb the spread between realized and implied voaltility or spreads I attempt to arb the perspective of the market vs theoretical personal modeling of events such as FED rate hikes, black swan events, likelihood of economy rolling over, etc.
@@greeneryfinancial I’m curious. You said you try to arb the opposite of the market. Would this be looking at the option chain and going against the side with higher oi. Or looking at the general sentiment of the market from the internet and going inverse. Lots of ways to try this, I’m curious which one you chose?
@@merrickhemmings No I mean I do not arb implied/priced-in volatility vs actual volatility like Tom largely does, as he believes the market prices everything in and thus you cannot arb news/events/sentiment beyond volatility as it should be priced in if the market is efficient.
Instead I try to weight general market sentiment or perspectives against internal probabilities - an example being back in August I extrapolated out macro data, sentiment, and FED behavior and projected a 75bp hike in September, followed by a 75/50bp hike in November, followed by a 25/50 (revised to 50/75 now) hike in December.
At the time the market projected substantially lower amounts of hikes, a 3.50-3.75 terminal FFR as most probable at the end of the year, while I was projecting a rate of 4.00 -> 4.25 as the most probable.
Arbing this looks like, in that case, going short bonds and likely equities - particularly high-debt companies and those with low earnings yield, as if I am correct (I was) there'd be a substantial repricing in time when the market prices in what I had already accounted for in my modeling.
Another example being c*vid - in January I knew about it and how serious it could be, took personal steps to avoid the risks, and tried to short the market, projecting a spread and black swan event months early. Nobody took it seriously, whistling by the graveyard, until Italy locked down many many many weeks later.
Another was the recovery of c*vid, with free money being handed out like crazy and personally putting, and hearing others putting, the stimulus funds in crypto and stocks, I was able to leap on the wagon early arbing the inflation narrative before it showed up, as I understood - and had superior information - to the majority of market participants.
Another was the R*ssia Ukr*ine conflict, knowing the situation and geopolitics, what R*ssia committed to, the war was clear in the weeks before, while market participants and media pundits, even Ukrainians, fastly underestimated the risk, pricing it at 40% according to my modeling.
It's not something I'd recommend for most people, but it's worked extremely well for me - my only issue is as I'm still relatively new (5~ years actively trading as of now) risk-management and conviction hasn't been very good until very recently.
You can see dumb money also performing similar, but rather than macro like myself they attempt to do so on individual stocks/equities. They did fantastic a few years back, really nailing on narratives and digging deep, but in the last couple years since c*vid they slacked and let 'the community' do the work and haven't done great since.
They stopped being hungry, and if you don't give this method the time, a lot of time, you lose - as the market is quick to price in information. Usually it's only a few weeks behind pricing in what you can accurately model.
We will see this man again with nice clear goals with a plan.
You mean this girl, was born a girl at birth.
Wow! Another education video. I agree with Tom. We need more Jacob.
Great interview. You can tell he's not an average kid. He has a bright future ahead of him!
Really amazing kid! I wish i knew his last name so I could follow his story in the future, or if he has a blog/vlog or something to follow.
Inefficiency- wish you guys would have gone down this path a little more. Good stuff thanks.
Get him on the team! Fascinating work.
gawd damn tom we gotta work with the interruptions
Dream come true 👏🏼
Awesome stuff! Hope to see you back on the show in the future!
Got to get my Granddaughter trading. Thank you, he is truly inspiring.
Impressive! Great interview. Tom is a compassionate guy when he does these. Inspirational.
Really like that purple hat
Very Impressive and focused young man with an amazing future a head of him that is unequivocally not distracted by all the noise and shenanigans going on our society.
Go Jacob!! Stay humble!!
did not expect that voice with that haircut and hat. props to the kiddd
3:27 It is a girl at birth that is why.
@@willcollins5660 did not catch that.
@@willcollins5660 2nd time you mentioned that in this thread. A woman who works for me has triplets 2 girls and a boy. Actually the most common arrangement of triplets. You have no basis other than your own opinion.
First time watching tastytrades! Great show, this kid is awesome and will do great things in the future. Will subscribe bc of this interview
Wow, such a bright kid!
Wow amazing interview
With a 10x on 4.5K accnt, how exactly does one grow that with the PDT rule on the way to 25K?
Exit using box spreads or after market close to avoid PDT
PDT has nothing to do with it. You can swing (not day) trade, buy options, use margin, and other leverage vehicles.
Almost sounds like Michael Jackson
i just cant seem to get to the actual strategies used
Neither can I 🙁
@@cluggyahoo ask me anything
They said a whole lot of nothing. All I learned from him was "Yah"
Tom broke it down, he said it was a Basis trade
Good stuff!
Really agree with Tom at 22:00 ! In Europe making money out of the markets still generates envy and jealousy...
Great bro..
Teach this kid to sell options.
That's rad! 😎
this kid will be a multimillionaire by 25 ....
Nice job
The next Warren Buffet
Hiring him at tasty
Elizabeth holmes voice
Great US market sure with rampant naked shorting and hostage regulators
Wow! This guys got it , very intelligent
3:27 This girl you mean.
Ja. Hans did gut
exporting energy through out continents
To understand Jacob, read Irreversible Damage by Abigail Shrier
Looking for experience trader opinion. A friend of mine was telling that I'd be hard pressed to get above 25% returns when I factor in trading fees and taxes. Is this true?
Most probably, yes. But of course it is totally possible to overshoot that. It all depends on how good you are. I'm currently up 10% after fees so far this year (having done approx. only 15 trades the entire year). With the experience and knowledge I have now, it would've been easy making 25+% in 2020-2021 when the fed was printing.
Trade in a Roth and taxes are a non factor. Fees are really not much of a factor these days either, eg Fidelity has no fee stock trades, and $0.65 per option
What did you find this kid!?!?
great kid!
Which author is the book?
Burton G. Malkiel
Good lord.
How does a 14 year old get $4500? Lol
this interview is straight fluff and ego stroking. he never explained what he did.
😂😂😂 I got nothing from this just a bunch of jargon
Yaaaaaa
Lol he said ria.. it’s an IRA.. also zom and sndl are penny stocks.. he said he didn’t trade penny stocks
for the future rising stars - please show at least one example of how the star made money, please
I like his voice
"you can't make money off of anything that is public knowledge". And yet I make consistent gains with trendlines, and basic support and resistance..... In $SPY.
Hire him Tom!
yah.
His “Ya” is so Germanish
Yaaas
But absolute nothing else sounds like german accent
Yas, but it seems to be working for him haha
Lol,
Without GME AMC
Yah yah yah
why is his voice like that? :)
Has Jacob even gone through
Puberty? Doesn't sound like it.
3:27, listen here, you will found out the reason.
SOS IS LIKE BE MY SON
Imagine if this kid traded forex.
he loses...badly, like the 99.99%
8:58
Yuh
Jpp, a hamster in his head is definitely running crazy fast.
Tough watch
#alien
thank you for your great videos but titles like this sounds little bit cheezy
Strategy? Haha
Ew
A completely worthless interview. Zero info on what he did turning 4k into 40k
Is Jacob a boy or a girl or transitioning from one to another? Can't figure out by the sound of the voice.
Dad is a rabbi #iykyk #thenoticing
Took him 11 months to make 3.5%... Rising Star? yikes.
Is this a boy or girl?
Lol what’s a meme stock ? A stock that is popular? Sounds terrible
3:27 Jacob is a triplet sibling with 2 sisters? So jacob at birth was really a female. This means this person is transgendered at a young age?
So, he couldn't have been hired because of nepotism? It sounds like they both have an Israeli citizenship - let's put it that way.
Tim dillon