Why 90% of traders lose money my name is David Jaffee from BestStockStrategy.com I
earn around a million dollars a year by trading options and I teach my students
how to make successful and profitable trade so they can consistently earn
money in the stock market so I saw this video from Sky View Traders and I
actually think it's complete bullshit because the reality is that I believe
that 100% of traders who trade penny stocks for day trading or
buy options or sell futures or engage in forex I think that they lose money like
100% of them I've never met a successful day trader or anyone who uses
technical analysis etc and you know I should have a pretty substantial
pedigree like I graduated from an Ivy League university with a 3.8 GPA I
worked as a Wall Street investment banker and completed $5 billion - $10 billion
dollars worth of transactions and I did that for five years actually left as a
Vice President in Investment Banking and I'm actually a super successful trader
who post my full trading statements and a screen recordings that show my entire
transaction history but if you don't believe me and you wanna think I'm
bullshitting then that's completely cool like I respect your opinion and I
understand that not everyone is going to agree with me and I'm not trying to
change anyone's opinion I'm just telling you what I believe at this specific
moment and what I believe is that not 90% of traders lose money I believe that
a hundred percent of traders lose money as long as they are not following the
strategy that we teach and the strategy that we teach is you need to sell option
premium if you want to have a long-term chance of being a successful trader in
the stock market and the reason is it's just probability of profits right if you
buy options then you have a 30% probability of being profitable so yeah
three out of ten times you're going to earn I don't know 50 or 100 percent of
an option but the reality is that people tend to be greedy they tend to you know
they give in to that agree they tend to lose more than they win
when you have something that has a 30% probability of profit the more
occurrences and the more time we make that trade the more money you're gonna
lose so when you day trade the probability that are gonna make money on
any one specific trade is probably around forty or a maximum of 45 percent
manufacturing commissions when you use technical analysis which you're
essentially day trading you're probably going to be profitable on I don't know
42 to 45 percent of your trades maybe 40 to 45 percent of your trades so you
might misattribute the winning trades that you have to actually skill when the
reality is that they're just purely luck and that's part of the expected return
so for example you might win forty to forty five percent of your trades and
then you might think that it's that is skill and that you're trying to develop
a system to increase the probability to around 55 or 60 percent but the reality
is that you are not you're going to keep your win percentage at forty to forty
five percent and the more trades that you make the more the higher probability
is that you're gonna lose and you know you might have months where you make a
lot of money just like if I flip a coin a thousand times there are going to be
ten heads in a row and there's gonna be a time where I get like ten tails in a
row or maybe not ten but it's definitely gonna be if I flip a coin a thousand
times there's definitely gonna be a few occurrences of six heads in a row six
tails in a row I mean that's just statistical probability that you're
going to have those strings and that doesn't mean that I am any better at
flipping coins and having it land on heads it's just the probability of
profit so the point that I'm making is the reason why 100 percent of traders
don't make money is because they are not following our statistical probability
and the probability of profit which tells you that the only way that you can
make money consistently in the stock market as a trader is by selling option
premium all of these people who try to sell you a product and they tell you to
use technical analysis and look at charts and look at patterns and buy
options they're complete scam artists so like Jason Brown, Jason Bond
Tim Sykes they're not profitable traders are just
selling you a bullshit product so the only way to make money consistently in the market is
by selling option premium and the reason why a hundred percent of the traders do
not make money is because the probability of profit dictates that the
longer you trade something that has a probability profit of thirty to forty
percent the higher the chances are that you are going to lose all your money
this is David Jaffee from BestStockStrategy.com Please like comment share and subscribe
this vide to this video into this channel leave a comment below anyone who
leaves a comment I do respond to it and I'd be happy to help you you can go to
BestStockStrategy.com enter in their email and receive $400 dollars worth of free training and
if you have any questions let me know I'm sorry for the baby noise in the
background alright my childhood just got back and he's a toddler and he's
screaming so I apologize for that but hopefully you've been able to get some
valuable information and out of this video if you have any questions I'm here
to help you thanks again
For more infomation >> Why 98% of Traders LOSE MONEY [Learn to Be a Profitable Trader] - Duration: 5:18.-------------------------------------------
FIRST PLAYING//CALL OF DUTY MODERN WARFARE//GAMEPLAY😀😀 - Duration: 2:02.
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How to fix a floating shelf to a stud partition wall - Duration: 5:28.
in this video I'm going to install a shelf which is a floating shelf onto a
stud partition wall this particular shelf is a Lack shelf which is bought
from Ikea this is the fixing bracket and that has to go on the wall with those
holes that they're facing downwards so it actually goes that way on the wall
now in a wall like this you actually have studs which go down, which
are pieces of timber and then the plasterboard is actually fastened to them so it
is possible to actually get a really strong fixing on a wall like this if
you are going to use plasterboard fixings the maximum amount of weight you
can put on this shelf will be five kilograms but if you fix to the studs
that will be increased to fifteen kilograms if you're fixing to the
plasterboard I would recommend that you put about six plasterboard fixings
evenly spaced into the bracket however because we're fixing to the studs
we're just going to put two screws at each end it isn't actually possible to
put any more than that in this bracket because that is the spacing of the studs
in the wall if you can actually see behind the plasterboard you would
actually see the wooden studs which are running it down and they are
approximately every 600 millimetres the first thing we need to do is find out we want
the Shelf and we want it approximately this height so I'm not gonna take some
neodymium magnets like so and we're going to rub these on the wall and every time
we find the screw head which is holding the plasterboard to the stud it will
actually stick because the screws are magnetic this will give us a really good
visual indication of where the studs are so I'm just going to take the
magnets I'm just going to start rubbing that around the wall until it sticks and
you can see its stuck there so there's obviously a screw there
we've got another one just there so that is telling me that there is a stud
directly there and if we go approximately five to six hundred millimeters away
from that one you can see that we found another stud there so we're going to
position the brackets just there to fix the bracket to the wall we're going to
use these wood screws and they are about two and a half inches long so all we need to do
is position the bracket ensuring that these screw holes are facing down which
the Shelf screws to we can then ensure we get that in line with the magnet so
the holes are perfectly lined up and then we could insert a single screw I'm
just going to drive that in using the drill we don't need to go all the way in
just yet I'm now going to get the spirit level and place that on there
I'm just going to get the brackets completely level before inserting a
screw at the other side we can then drive that home
now that's perfectly level we can just do the final tightening using the
screwdriver now we can drive in the other two screws
once we've done that we can then take the shelf ensuring that the screw holes are at
the bottom there and we can push that into position
and then finally, just put the two small screws in the bottom there and that will hold the
shelf in position that's how easy it is to fit a floating shelf to a stud
position wall it is a very easy indeed if for some reason you can't fix to the
studs in your wall I will actually put a link in the description to some popular
plasterboard fixing videos I hope you found this video useful if you have and you
haven't done so already please subscribe to the channel
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For more infomation >> Liên quân | Tùng Xêkô xuất hiện tại đại chiến văn phòng với bộ tóc cực đẹp - Duration: 10:22. -------------------------------------------
Полироль для фар WowPolisher. WowPolisher - нанокомпозитный состав для реставрации фар. - Duration: 2:31.
For more infomation >> Полироль для фар WowPolisher. WowPolisher - нанокомпозитный состав для реставрации фар. - Duration: 2:31. -------------------------------------------
First Magic - Duration: 0:45.
Hey ! FRIENDS
TODAY WE ARE GOING TO SEE
MAGIC OF THREE CARDS
WE HAVE 1 BLANK CARD
AND
LETS PUT CARD DOWN
AND WE HAVE SECOND BLANK CARD
AND, THIRD BLANK CARD
WE SAW THEIR WAS THREE CARDS
BUT THEY WASN'T
BECAUSE, WE HAVE
FIRST JOKER
SECOND JOKER
AND , THIRD JOKER
THANK YOU FOR WATCHING
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