Earn $10,000 In 10 Hrs - Full Guide
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- เผยแพร่เมื่อ 21 เม.ย. 2024
- How to make $120,000 with 1 skill so you can earn more money.
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We teach working professionals how to earn $10,000+ a month from Day Trading without a complicated strategy or any technical indicators. Even if you're a beginner trader or have never heard about day trading.
Our mission here at MK University is to turn everyday people into day traders who can earn $10,000+ per month consistently.
Disclaimer: The information presented in this video is for entertainment purposes only and should not be considered professional or financial advice. Past results are not an indicator of future returns so MK University is not liable for your actions directly or indirectly. Furthermore, day trading, swing trading, and overall investing is at your own risk and MK University will never tell you to enter/exit a trade since we are not in the business of providing financial advice.
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mk@mauricekenny.com - แนวปฏิบัติและการใช้ชีวิต
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FYI, Next week Monday, April 29th I’ll be covering the topic of “how to Day Trade up/down trending days” with my strategy. 😊
Love this channel
@@Trendattics Thanks that means a lot ❤.
You don't realize what you're doing for the people! Thank you!
I normally dont respond on youtube, but i came across your video on FB and came to youtube and watched a few of your videos. I looked at the stock Mara today and draw my S/R when it was 19.04 . I said this is going to go pass 19.50 , it went to 19.70 . You are the first person for me that explains it with such simplicity .
@@cr7cubanocr7 2024 is crazy hard for people right now so just trying to do my part for everyone. I am already financially good so just giving back at this point and it's been fun so far and im glad everyone has been benefiting from it!
OMG!!! Maurice is BACK!!! So glad to see you back on video!!!
Hey, Maurice where. Glad to be back 😀. Came back 2 weeks ago so the recent videos are all me.
Plus I’ll be the only 1 posting going fw 😀
Could you please occasionally post either a live trade or some documentation of your actual successes which I’m sure are substantial. In good faith, in this day where YouTubing itself is a business as well as the sale of so called success courses, it’d set you apart as the real deal
It’s on the long to do list, but just as a heads up I do have a few live trades on my channel and also have 1003 video testimonials from people that are successful as well - www.mauricekenny.com/success-stories/.
Lot harder to develop that many people to be so successful that they each record a video vs just me being successful since an individual can realistically make up the results on “fake documentation” which I have seen online. So I let my results speak for themselves + the actually full strategy is out here for free.
So if I don’t “blow up” that’s fine since im not looking to be popular. I just want to help those that do end up finding me which is the reason why the strategy is free in the video here, the free book, and etc.
Plus, I’m having fun doing the videos 😊
My overall real goal with the ch is to “create videos that I wish I had when I 1st started” simply.
Love this video!!
Happy you do!!!
Nice vid 👍🏽👍🏽👍🏽👍🏽
Thanks bro 😎. Giving it all away nowadays lol.
Awesome video ❤🎉❤
Thanks glad you liked it!
Hi Maurice! Thanks for another great video. I have a quick question...what criteria do you use to graduate to more contracts? Is it being profitable for the week or a certain win rate % for the week? Thanks again for all you do for us.
You’re welcome 🤗. Also, yes it’s holding a 70% win ratio and also being profitable as well.
yes. Thank you
Your welcome
Omg you are in Houston?! Me too
Hey, yep born and raised 😊.
Don’t want to say anything else specific as people are crazy out there nowadays lol, but yeah I am. 😀
A great review. More people should be doing this.
Well I’ll start the trend and let’s see if people do the same. This makes it very easy to understand so I prefer to do it this way tutorial style.
@@MK-University High School kids should be taught the basics of compounding and skill before expecting to be great at something right out of the box. Your kids will have all the basics.
@@williamhoover1515 They should be taught that in schools, but realistically they never will be since schools are designed to educate people to become everyday workers and not prosperous investors/traders.
I WISH that was not necessarily true, but if everyone knew how to invest, understood compounding, and etc then even things like the retirement age wouldn't be as high since people could retire potentially earlier if the info is all actioned.
Resulting in large corporations having less workers over time which would directly affect say the US government due to a smaller country-wide workforce. Plus so many other things.
So we are supplied the current educational system for a reason i'll say. Nothing is by accident with so much money on the line.
Long story short, I have a LOT to say on a lot of these types of topics, but holding back on some of those until I get more of these larger tutorials out there.
😉
@@MK-University So True. Maybe a few parents will use the MK system and teach their kids. It only takes a few seeds of knowledge.
@@williamhoover1515 I hope they do. I’ve had a few parents do that already and it’s been really amazing to see them progress with it. ❤️
Yes
Great to hear!
The reason someone might want to trade something else (Forex for example) is because someone might have limited time available to trade in the morning due to a job.
100% agree which is why they may have to look for a different strategy.
I just don’t want people to see strategy and think automatically it can specifically work on every stock just because. Things should typically be specific to the ticker or group of tickers as much as possible.
But yeah Out of the thousands of people that we have coached majority do have a full time job so most nowadays I’ve seen can make it work due to WFH opportunities being normalized more.
But yeah I do agree which is why I do have a forex strategy and we have taught people that as well for the more extreme cases and also some for swing trading too.
yes
Money 💰
Do you draw the zone at the body or the wick. I see you did both (the one at the top). Doesn’t it have to be consistent?
Yes you draw it only on the body of the candles and it has to be consistent.
Yes sir
Do it bro!
Yes. I already started practicing the last two weeks. But next week. I am going to implement this game plan that you laid out. Thank you once again sir.
Keep me in the loop and let me know how it goes okay?
@@MK-University And really my initial practice sessions have been learning TOS. Hitting buttons seeing what happens. I have reset my paper trading account and on demand accounts everyday. Starting next week...no resets because I want to get a real idea of where I am at. My goal is to get into MK University.
@@ear863 We can't wait to have you. Keep at it because the more you do it the simpler things become long-term.
@@MK-University I have a question about practice. In practicing I should make as many trades that I see based on the strategy...right? As opposed to week 5 real trading, I should wait or snipe that one trade and walk away. And by the way, yesterday some textbook strategy stuff happened that I executed. It was fun and exciting. Thanks
@@ear863 You should be practicing exactly how you would really trade. So if in practice you take every trade on the charts then in real life you will stressfully overtrade with your real money.
So 1 trade a day max is the idea. FYI, in on demand practice with paper fake money you can't set an alarm technically so you can use the fast fw button on the top right to move ahead 10 mins at a time. That way you can speed practice to let the trades come back to your zone.
Also, im glad that you saw the strategy worked yesterday. It's a very simple strategy and happens a LOT more than people think.
It's 1 of the reasons why I don't have a big channel since people think im "holding back" and not flashy. Im just a guy who likes to take as few trades as possible and the same exact boring setup. Nothing fancy here. I don't play with my money.
Hey Maurice. Can you please SHOW make a video on how to EXACTLY execute the trade step by step?
Here is 1 video from me doing a live trade. In this day the market was trending down. Made $1600 in a few mins from it.
th-cam.com/video/y5ytzEvx2hM/w-d-xo.htmlsi=Dbhu0AKDwGwnHd7s
But yeah pretty sure I will do more live trades and break down the exact live trades I took EXACTLY step by step.
Realistically it’s the same thing though fyi.
@@MK-University I appreciate it but… tell me if this is asking too much lol. Do you have a video showing us how you physically enter the trades? I just want to visually see it on screen (typing in stop loss, take profits, ect), because Im just a little confused. Or is that part of the 1 on 1 coaching portion?
@@tonycannon5358 Naaa your not asking for to much, but I will show you how to step by step enter/exit trades the faster way on TOS which does not involve typing in the info.
I added it to the list of videos that I will record soon so stay tuned as I am uploaded every monday.
Will be able to add that within a video of a video more than likely the monday after the next which is May 6th.
But yeah of course. 1 on 1 coaching is a structure where you learn everything along with you can ask any question to your coach as much as you want while they help you out for 10 weeks (zoom calls, text, loom videos, etc)
@@MK-University ok thanks man. I’ll keep my alerts ready for all the videos.
Hello Maurice! Thank you so much for all the videos. Great content, I'm really greatful. However, when one buys the regular course does it show you how to use TOS? I'm still having some dificulty as to how to lock profit. When I sell I look at the P/L for the day and and keeps moving...lol...of course I'm still learning but I would like to learn. Thank you!
Glad ur making progress! So Yeah the course is structured in a way that it very slowly walks you through everything step by step & test u all the way through it to make sure u understand since everything slowly builds.
TOS wise I Have a whole ch specific to that that shows every feature that u need step by step and specifically also how to lock in profit accurately & quickly since there are tricks to it as well.
FYI, if the course is not enough then we do have 1 on 1 coaching where you are actually assigned a coach for 10 weeks that can help you out between 8 - 6pm in calls as much as you need.
Can you cover the option strike price selection and expiration selection process?
Yes I can cover that. It’s very simplistic though since I don’t like to complicate anything so u will be either really surprised or mad at how simple it is lol 😂.
@@MK-University Thank you! Simple is better
@@michaelm0268 Next Monday's video is going to be CRAZY detailed and involve WAY more info so that should help you!
@@MK-University Awesome! Looking forward to it
These are 0 DTE trades. How do you get around the PDT’g rule. Cash account?? Then you can’t do spreads.
Yes you can either use a cash acc to do this specific strategy or if you keep the margin acc then you simple do the 3 day trades max per 5 day period. Which tbh is better for most people anyway because MORE is not always better.
That's like saying "okay so ive done 12 trades in 1 month and lost $5000, but im sure if I did 30 I would win". No, your not even ready for that anyway.
So either way is fine, but people overtrade way to much and at the very most should be doing 1 trade per day max.
The first or second circle entry on the one minute chart would have lost money if you would have entered after the conformation candle. You should show some losing examples so we know what to avoid and cut our losses. Sometimes you enter after the formation of the confirmation candle and sometimes you enter after the entry candle on your videos. So which is more profitable? Thank you for the video.
Incorrect, these examples would not have lost money. Keep in mind directionally it went up exactly where we wanted it to over time so we did make money successfully.
As far as showing losing examples that is in the to do list to show soon so that will be there 😊. Keep it simple though because it’s just when it’s a loser u stop out at the stop loss is all. So stay safe out there 👌
Hey man this is hella amazing! Thank you so so much!!
I have a few questions if you’d be so kind:
1. How much do you zoom out in time to determine trend? Only to the 5 minutes one?
2. What’s the calls to puts ratio you tend to do in this strategy?
3. Since you trade in the 1 minute chart, that means one you get the alarm you are immediately jumping to evaluate the candles right? Do you execute the trade from your phone sometimes?
Thanks again man!!!
You’re welcome man 😀.
1. Yes 5 min chart will show the trend as enough for this strategy. Nothing else needed.
2. It varies per day and week because I simply let the chart tell me what I need to do. So I could care less and realistically it does not really matter since either way you can make money on both ways 😀. Plus as you can imagine if the daily candles are for a month going mainly up then that means we’re mostly doing calls that month. Vs if the following month things went down it would be the opposite. So I typically don’t care what the big big picture is doing if I’m day trading as I only look at the 5 min chart for that day.
3. Correct once the alarm goes off then that is exactly what I am doing. I never will trade from my phone. Your entries will be way way to slow and typically speed will make u do a market order instead of a limit order meaning your entries / exits will be bad. I’ve seen way to many times you have a good entry at say $1.05 but with the market moving fast a market order maybe from the phone put me in a $1.15. Way too much slippage.
@@MK-University this is amazing Maurice!
Question, do you enter a trade at the start of the entry candle if it starts higher for calls or lower for puts than the confirmation candle or one is done forming?
I understand the alarm stuff, do you basically keep like a laptop next to you with a good connection, mobile hits of the alarm and you move into action mode in the laptop type or deal?
If I want coching how many days a week and hours per day do I need to be available to be coached?
100% up to u actually. The 1 on 1 coaching program last 10 weeks so u can setup as many calls and talk with ur coach as much as u want within that period. Purpose is so u can actually be successful since everyone needs different levels of attention. Timing wise u can get help between 8-6pm cst so whenever ur available and ask a question u get the help u need from ur specific assigned coach.
what happens if it doesn't go into the green(support lvl) rectangle or red(resistence lvl) rectangle at all but it moves in between those zone. This doesn't work, does it?
Then you wait for the trade to come to you. If it hypothetically NEVER does that day for SPY then that’s perfect still. It means u avoided a lot of bad trades but yeah 95% of days that’s not the case.
@@MK-University Thanks for answering. I am still learning.
Hey Maurice!
Is it me or most days there are several minor zones? Is this common or is it just me?
Thank you!
Yeah there are several minor zones on the 5 min chart, but that’s why you only need to trade the major zones being high / low of the day. Minors are for TP areas. Once it hits one for a TP you can let it move to the next one as long as there is no friction with it moving upward on the 1 min chart.
This is GOLD!
Thank you!
What is the best broker for options ?
The one I’m using here is ThinkOrSwim by TD Ameritrade. Makes things very simple
@@MK-University ok, thank you. I will reach on how to trade options with them. Thank you !
@@geminip6320 l’ll be releasing a video on that May 6th fyi so if you still need help with that by then you can check my video out 😀.
Do you draw the zone at the body or the wick. I see you did both. Doesn’t Ut have to be consistent?
@@traveloasis8389 Yes you draw it only on the body of the candles and it has to be consistent.
Yes I can afford $104.
Then it’s time to start trading. No reason not to Richard 😀
Also, you should say how much money you need for trading the contracts using your strategy. Example: 1 contract you need $1000 (accounting for some losses). If you have $100 to trade and lose the trade you will be out of money, so you need how much to trade 1 contract in your account ,total?
I actually do. At 20 mins I walk through how much 1 contract is, 10, 50, and 100
Your stop loss may have been hit before you made a profit (real close).
For this exactly the stop loss was no where near being hit so things were fine here.
Sometimes it does get close or sometimes it does get hit so that’s part of the game since logically you can’t win 100% of the trades anyway so losing some is a part of the game. As long as u win majority then that’s all that matters as shown in this video
Yes
👌🔥
yes
Glad to hear!
Yes
Let’s do it!
Yes
Keep going frank!
yes
You can do it!
yes
I believe in you!
Yes
Then make sure to start now 🔥
Yes
Make the leap then and start!
Yes
Best of luck 🤞