Day Trader Turned $3K into $1.67Million in 2 Years
ฝัง
- เผยแพร่เมื่อ 3 มิ.ย. 2024
- Day Trading with me: bit.ly/yt20230928
Get my free trading journal: www.humbledtrader.com/free
-------------
How to create a profitable trading system? Today, we are going to learn from Kris Verma, a highly profitable systematic day trader. Kris has been inspiring many traders through his sharing of his trading knowledge on Twitter. This day trader turned $3000 into $1.6 million in less than 2 years. I’m honored to have Kris on the Humbled Traders podcast show to teach his strategies. If you are serious about becoming a better trader, this is an episode that will answer your biggest trading concerns, such as:
- How to create a profitable trading system?
- How to become more consistent?
- How to improve your trade executions?
- Kris’ opinion on automated trading
- And how to overcome a losing streak.
#tradingstrategy #daytrading #tradingsystem #stockmarket #stocks #millionaire #humbledtraders #traderpodcast #livetrading #algotrading #priceaction #ict #smartmoney #tradingview
--------------
▶️Learn Day Trading with Free Lessons: • Day Trading for Beginners
Day Trading Strategies (Advanced): • Day Trading Strategies...
Technical Analysis Masterclass:
• Day Trading Crash Cour...
--------------
My Trading Broker Platforms:
📈Webull Trading: bit.ly/ht-webull (Get at least 6 fractional shares)
📈Interactive Brokers - bit.ly/3bE82u4
📉Centerpoint Securities ($30K min) - bit.ly/3LKdlID
-Get $0 Commissions for 60 days
-Get 1 free month of Das Trader Pro ($150 in free value)
🍁Centerpoint for Canada: bit.ly/3tgAFJi
--------------
My Stock Scanner
🔎 Stox.io - Best Stock Scanner to find the right stocks to trade (stox.io/?)
✅ Affordable (less than $42/mo compared to others at $150/mo)
✅ Built-in Humbled Trader Strategy Custom Scanners
✅ Simple Web-Based App- no downloads needed just open on any browser
✅ Accurate and fast stock data such as Float, Insider %, IO & more
--------------
📈 Follow my Investment Portfolio on Blossom App (Canada) - bit.ly/3DyHuaF
✅My REAL Social Accounts:
IG: / humbledtrader
TikTok: / humbledtrader
Twitter: / humbledtrader18
FB: / humbledtrader
--------------
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses.
AFFILIATE DISCLOSURE: I only recommend products and services I genuinely believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.
![[4K] TREASURE(트레저) “KING KONG” Band LIVE Concert 킹콩은 라이브를 찢어🦍 [it’s KPOP LIVE 잇츠라이브]](http://i.ytimg.com/vi/p8bLLOxPDD8/mqdefault.jpg)
What you can learn from this Humbled Traders Podcast:
- How to create a profitable trading system?
- How to become more consistent?
- How to improve your trade executions?
- Kris’ opinion on automated trading
- And how to overcome a losing streak.
Comment your questions down below!
Trade with me: bit.ly/yt20230928
How to improve your trade executions
Interessante il tuo video vorrei provare a mettere in pratica con WaveDancer, Inc., (NASDAQ: WAVD) ha annunciato oggi di aver ottenuto un contratto triennale da un grande integratore di sistemi per fornire supporto alla modernizzazione di un importante programma finanziario per una grande azienda statunitense. Cliente governativo (USG). La società prevede ricavi totali di 4 milioni di dollari nel corso del periodo di esecuzione del contratto.
WITH NO DOCUMENTATION TO SUPPORT HIS CLAIMS HIS STATEMENTS ARE FALSE.
For example, $1 Million In Ordinary Income, if you're single and earn $1 million in taxable income, you'll fall into the highest tax bracket, which is currently 37%. This means that you'll pay 37% in federal income taxes on the portion of your income that exceeds the threshold for the highest tax bracket. Not counting State taxation. Implausible statement to Turned $3K into $1.67Million in 2 Years. Taxes alone take almost half.
You're the only one believing her
WAVD I don't think it can lose forever, sooner or later it will return to adequate figures, if today it reverses course well it will return above the dollar in a flash
@@jarnix2
Its not systematic trading that gives you success, Its the discipline to stick to that system. I have hardest time staying consistent. Once I overcome I know the growth is unstoppable, its been about 4 years of expensive path for me but I haven't stopped.
So I mean not giving up get you here. Discipline just just part of trading, but not giving up is more important
For sure!
You are absolutely right. Success comes from disciplined execution of a system, not just having a system. Sticking to the system can be the most challenging part, but once that obstacle is overcome, the growth is unstoppable. I understand it's a long and expensive road, but your determination to not give up is admirable. Keep up the persistence and discipline and I'm sure you'll reap more success. I wish you all the best!
So you are losing still money after 4 years?
Success is very near :)
"Scared money doesn't make money" that's hits me❤
I’m the best virtual portfolio trader. 😂 With real money, completely different story. 😂
Link :)
Embark on your trading journey with the finest AI course for beginners.
Follow the @
I put an order in with about a 70% profit gain. That is 70% of the previous move. Sometimes it will keep going and going, but if I have a buy at 2.20 and sell at 2.35. But it goes to 2.40 or 2.50 Well. I still made money.
Every situation is different. Sometimes it’s moving really fast or not.
I loved this podcast!
I recognize myself in him, gamer and pragmatic ; and probably always will be a systematic trader.
I find price action, supports / resistances way too subjective and imprecise.
Did many excel backtests with combinations of indicators, and precise rules of entry, exit, stop losses, but I lack discipline and work to validate strategies (or a least one). Each strategy can be improved over time.
been away for a while. Nice to come back to some new content. Awesome podcast! Very good job.
This is motivating. Thank you for sharing this amount of information
Great interview!
Awesome content. Thank you
These Trader Interviews are wonderful. I listen and take notes during each interview. There are some themes that run consistent: Back testing, trading a limited number of strategies, and setting HARD stop losses. No hopium!
Embark on your trading journey with the finest AI course for beginners.
Follow the @
be my gf please
Love these episodes. Please continue!
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
Right now, my biggest obstacle is to not let my emotions control me and my second biggest is to not force trades. I’m seeing improvements everywhere else. The secret is to keep going and never give up. Be aware of your weaknesses and turn them into strengths. It’s possible but only if you don’t quit.
Thanks, Great interview.
As a gamer I don't think we trade better, but we can probably execute manual trades faster due to our long experience of eye hand coordination and we might also be better at spotting patterns.
This kind of inspired me to go into my systematic trading 100%. I had a bit of a drawdown but i know my system works over time, and i shouldn't be scared of deploying all of my trading capital here.
Thank you for a great show👋
awesome interview
I love all these interviews of the pro-traders. helps so much!
Needed to hear this ty
He seems so calm and relaxed. You can tell he was born to make bets and trade 😅
Thank you both for the insides.
Our pleasure!
hard to truly gauge the consistency. alot of people made money since 2020 huge swings in the market. time will tell. great videos!!
Very inspirational video H.T. Kris now seasoned pro gave concise detailed information on his trading methods and even a few bad bumps along the way. Big Thumbs UP ! Thank You
She's more as nik
Wouldn't call him a seasoned pro at all.
@@corail53 nikolas
Great educational video from pros! Thx!
Glad you enjoyed it!
2:30 Market tuition
4:30 Shorting parabolic moves
13:00 Volume
34:10 Pharmacist
36:40 Profitable in 2019
Yes, that's right.
A question: Can you recommend a good AI for trading?
The top AI trading tool is named
aicollegema
I located it via
Well, that was a very interesting video. Thanks for doing it. My biggest problem is setting the stop too tight. I am working on being braver ;-)
Good questions & concise answers! Best interview I’ve seen Kris do
🙌
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
Learn a lot from this episodes
Very good interview/discussion
Thanks for listening!
Fantastic interview!
Was definitely a fun conversation 🙏
Awesome job Shay asking all the right questions. Will you start adopting some of Kris’s strategies being more systematic over discretionary, love that he doesn’t need to prep for the day, and sleep in. What will you change if anything? Sizing on vol., stop loss on wider range, only shorting, no longs? I like both of your thought process and approach when comes to trading. I am trying to reduce my market tuition cost, learning as much as I can before starting trading. Thx
Just theoretical knowledge won't reduce your tuition costs. Trading actually teaches you the real taste of markets where your emotions are involved.
Thanks Shay, your an inspiration ❤
Thanks very much Madame for all the interesting ITW 🙏🏻
I wish you only good things ✨✨
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
I think they key takeaway is the necessity of conviction cuz I think a trade with conviction is one without emotional bias, especially if is rooted in statistical and/or empirical data.
Loved this video
Many Thanks to you both😊
great show thank you Shay
Thank you Beautiful Shay and all that you do. I know have a new target in the next 2 years.
You are so welcome
Great video
Genial video, totalmente de acuerdo 🕺🏻
Outstanding!
Really really love The HT podcast. Thank you 🎉
More exciting podcasts in October!
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
That was awesome Shay ! As I've said: I don't trade stocks only futures but I enjoyed this. NEVER STOP LEARNING !
Ya never stop learning as you keep on living
Why only futures?
Great one
Love it !!
Good to see Kelly criterion been mentioned in this interview
Thanks for sharing
Thanks for watching!
Great video with a lot of insight, thank you both
🙌
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
The guy is crazy, I remember when I used to trade back in 2021 there was a phrase "Verma'd". It used to stand for somebody that blows up really bad. Came from one of his losses of over a million. To be fair, I don't know what kind of mental strength should you have to keep on going after such a thing. So, man, you've got my respect.
start back testing my strategy is the key and tune it for the best results thanks the hole team love U shay
Thanks for the great content Humbled Trader!! Love your podcast and your personality. Question for you and others who read these comments. When you daytrade the same stock multiple times per day or within 30 days, how do you avoid disallowed losses from the wash sale rule? Thanks for any feedback, everyone.
Wow this is extremely impressive.
This is a great video - but it would be great if you could do a video talking about how to trade an extensive bear market such as now when most stocks are falling…
🎉🎉🎉 all thanks nik
Thanks for the content. You guys didn't talk about the cost of borrowing . Those expenses could eat up all the profits if he holds positions overnight. Any chance to add this information?
If you look at his broker statements on his website, it says he never held a postion overnight. Closed his trades everyday.
Good stuff. Thank you.
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
What’s
Awesome 👏
Hi Guys. Thanks for the video, It was excellent.... I trade a very similar mean reversion set up. I actually took UCAR in August that I noticed was in Kris list. My question to Kris would be how does he avoid or deal with haults. As with these extreemly volatile names this can happen and be extreemly distructive to your account. Thanks in advance.
Before I have ever became a profitable trader... I used to flip items on Runescape Grand Exchange and World of Warcraft Auction house. I actually used to sell the gold for real money, this was my first ever trading experience.
I believe in the Humbled Trader. She is honest, factual and makes great lesson videos. I wish her heaven on earth.
Cheers thanks for watching
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
337
915
7620 USA
His system does work. I've never seen it , but after trading top gainers for years or parabolic stock, I understand the variables he won't discuss, which im aware of. There are times to go bullish on parabolic stocks, like when there is several 100 percent runners on the day. And time to go short and switchgear, volume inflow rate is important , bit so are other factors like low float, short intrest history borrow rate avg volume. I dont prepare either, injust scalpe the hell of top gainers within volitility range . Also, scaling and watching out for manipulation play like Chinese or Isreal stocks . All I can say is , I'm at profit slowly daily over time when top gainers allow it and switch to large tech swing trades when needed. HKD was a manipulated play, Tpst was legit and became a printing machine after it fell 40 percent now it's sfd or Safe green. I love this game ..I use to play overwatch as a Top 200 and a grandmaster
What time frame better you used?
Back testing is the thing! Will be reviewing this one again (as well as the gap up/down video) to work out another set of back testing formulas. Currently trying to get into Schwab after TDA move. Thanks for these videos and constant information.
Donate for a Dream
Back testing can show you a lot of false information since market conditions are foward looking. You have to take it with a grain of salt and understand the conditions in which the market was in during the test. People have figured out how to make insane paper gains in back testing but as soon as they implement it for real it falls apart really quickly.
this is going to hit 1M+ views for sure!
Cheers thanks for watching
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
Thank you!
You're welcome!
Thank you for this video. For a year now I have been trying this one strategy... I started from 200 eur and now at 3700eur. I add some cash every month, but overall manage to pull 1% gain per week on the total balance. I know that if I am 1.5% per week i can get to the 100 k in 2 years. I thought i was crazy for thinking this but after this video i feel reinspired. I do strugle with the stress when i am aiming to each 1.5% and more. It is awesome to hear you guys talk about how u set up the trades. My question is.... Do you focus on amount of money u get per trade or is your brain recalculating it to percent of the trade?... I am somewhat stuck in how much per trade i should get so i end up having many small ones as i scale up my account. Somehow cannot get rid of this thinking... Lets say i had 10 shares and knew i need 10 eur win.... When i would scale up to 20 shares.... My brain paniced when seeing 10 eur and was closing it. So i end up having 2x 10 shares for better results... Would be cool to hear from experts
The cannabis etf, MSOS is trading like clockwork for the last month--up until midday and then back down again
Damn I really like this guys approach, great interview
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
Whats
I like the soundtrack. It’s like an 80’s action movie or something
Thank you
After watch his experience losing on trading mine is nothing I thought I'm the only one 😅😅😅thanks for the video I wish I will be successful trader ❤❤
The perfect strategy will work for all targets at all times. I believe he is not a novice, but a confused veteran.
Haha starting line.. 'i read on twitter your successful' 😂.. Love the journalism! We trust in twitter 🎉
I love you Shay .. you are the best
Thanks
He said “We” a lot. He didn’t mention his team a lot but I can tell he has one.
People generally use "we" when they want to stay humble, he probably trade alone or share his ideas with others.
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
My advisor is .Viviana Marisa Coelho. You can easily look her up, she has years of financiaI markett experience.
Honestly to profit hugely in the market depends on your risk:reward ratio. Do not fall victim to FOMO. Seasoned traders take heavy losses daily and most of those wins are break/even gains. P+Ls tell it all.
The best strategy any novice investor can have is to contribute monthly to a purse (account) and focus on compound growth.
As you develop a good size (totally relative to the individual & their trading objectives) you can decide on where to begin.
Most traders that profit hugely risk a ton of capital per trade and are willing to lose more than what they could possibly gain. This is strongly advised not to do when starting out.
Best strategy when starting out is to:
1. Consult with an adviser that can assess your goals and objectives
2. Have a FA design a trading strategy for you (either by acting as a discretional or limited trader on your behalf)
3. Educate yourself on industries. Select an industry you have deep knowledge in and focus on companies in that selected segment.
Hope this helps!
could you plz advise me how can i learn day treading?
I didn't realize how good looking Kris Verma is.
thank you
Exaclty the same setup I am developing (systematic parabolic reversals). I have way less experience, so it is still a work in progress, am profitable though since april (barely).
💪
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
good timing in to the marker is very important. if anyone bought meta or Nvidia back Oct 2022, now it is worth 3 times
How can we iNVEST?
His system sounds very complicated due to the back testing and mathematics applied. I prefer depending on Japanese candlesticks along with classical tech analysis and one or two indicators. Trade the trends, whether up or down. Once you know the probabilities of candle set ups, back testing is not necessary. For instance, a one bar reversal in up or downtrends produces 95 percent wins....A double shooting star produces at least 90 percent wins if they materialize after a tired trend...OS. OB
Regarding Kelly Criterion: Since everyone has an account of a certain size, and there are data that show the probable outcomes of a certain strategy, how DO people decide how much money to place on a given trade? In other words: how does someone even make their very first informed trade WITHOUT such a bet-sizing strategy? What do they do just 'wing it'??
I've noticed that the best traders have a very calm and relaxed voice and demeanor. Coincidence? Perhaps not. 💰
right. im going to enroll in voice lessons this week to become successful
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
And how are his strats working for him this year. We had 3 years of unprecedented marketed conditions. The thing with systematic trading is it works until it doesn't and when it doesn't it has big draw-downs if your risk management is not 100% on point. It is extremely easy to fall into the trap that thinking if something is working it will continue to work.
Good comment lol
Especially if he lets the stock run up to 20-30% against him.
Still working very well just less tickers per day instead of 10-30 it's 2-10
Thank you very much❤❤❤❤
Grate!
24:34 if you trade and plan strategies you are a gamer , trading apps now in days are just like video games😉
I made $5 from a $1 scratch off...WINNING
congrats lol
Now repeat that over a series of scratch offs.
I got two numbers and the powerball number once! 3 little ping pong balls away from $1 billion. They gave me 8$.
Interesting.
Please cover $LCX
Wow this is one of the million traders who succeed reach 1M from less then 10k!
You are the only person i can actully understsnd chinese when ur speaking english
She is Canadian.
Ijust thinking can i use the same strategy to or big cap stocks and change some critiria 🤔
I have something profitable to tell you because I know the wisest thought in everyone’s mind today is to invest in different income flows that do not depend on the government , especially with current economic crisis around the world. I guess you should utilize this great opportunity that I’m bringing to your door step
+1337
915
7620
What’s
When im whatching your videos, i see that many traders dont do much trades, as for Our Ai System we really focus on large date samples and valid live testing.. :) So in my oppinion doing not many trades a month or a year will result in that dissbeleive how long the pattern will last and how much time i have to figure out new patterns. And for how long i could trust them..
I noticed how they would hold back info even those who sells courses 😂 learning on your own way to go!
yeah they talk for hours and always say very general stuff
Impressive…and almost believable.
are stocks better than futures ?
God bless you