Some TikTok traders are just outrageous...Let's review these trading tips together!
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Finance influencers nowadays are getting really good at making entertaining content within 60 seconds or less. From trading names to stock advice, these shorts definitely are really fun and as a full-time Trader of over eight years and definitely a big fan. However, if you've been following my channel for a while or if you watch my parody videos or Tick Tock reactions in the past that you know that I Always warn you guys about being careful and being beware of some of these profitable stock tips that are just too good to be true. If you don't know what I'm talking about, let's take a look at this one together.

The amazing thing about trading is that if you master it, it's like having your own unlimited ATM machine on your phone. or PC want to buy a Porsche just place a trade and go get that the next day. Yeah, just Place one tray and go get it the next trade. Welcome back to another humble Trader video today.

I'm gonna watch some Tick Tock Advice for trading and investing. You guys know the drill. Grab some snacks, be prepared to learn some expert. Stock Investing advice and have some good laugh and smash the like button to Make It Rain Lamborghinis Let's go All right boys.

Here's how you're gonna make your first ten thousand dollars in the market Last year: I Took five thousand dollars and turned that into a hundred thousand dollars in just nine months by doing this one simple trick. And that one simple trick is realizing that everybody has lied to you up to this point and you should never be investing in the big cap stocks like Amazon Apple Google Tesla I Did he just say I should not invest in the big caps like Apple? Tesla Google That means I should basically get rid of my entire Investment Portfolio Etc because those stocks, they've surpassed their growth phase and you're only gonna get five to ten percent gains year over year. If you have a million dollars in that stock, that's great because the five percent game will give you fifty thousand dollars. But if you're anything like the average man out here, you only got a couple thousand dollars to invest.

Which means your five percent gain is only going to get you around 100 to 500 per year, which is nowhere near what you need in order to become financially free. The key to that is taking your low amount of capital and putting that into a risky asset like penny stocks like currency like Nfts and being ahead of the trend being ahead of institutional investors. If you want to know exactly how I do that, join my Discord the link is in the bio. I'll see you on the other side.

Well I don't know about putting in Risky assets such as Bitcoin because I did put some money into Bitcoin when it's at the highs around like sixty thousand. Guess where that all that money went? They ask you how you are. You just have to say that you're fine and you're not really far. fine.

And a lot of people actually don't know this when I first started trading. I traded actual penny stocks. So the penny stocks he's talking about the you know, 20 cent stock, the one cent stock, even the sub one cent talking about 0.05 stocks I used to trade those and I know about 99 of them go bankrupt or just never see the light of day. They are the literal ATM machines for the company to take money out of and they just keep on issuing offerings and dilution.
So if you're investing in those penny stocks, good luck. Now let me clarify. I Think it's fine to trade these penny stocks, but I definitely wouldn't invest in them. I Show you one simple strategy that you can even use in the desert.

A lot of people tell me you can predict charts. Look at this. it goes down up down. How do you want to predict this? There is a tool called Millimus Ago you can predict it 100 but look at this.

here was a sales signal. It goes down here with the Buy Signal It goes up. Here was a sales Signum It goes down. Are you muted trading? If so, I'm gonna show you how to think and trade like a pro in the next 60 seconds.

In this video we're going to be using trading View and we're looking here at Spy On the One Hour Chart now to set up our chart, we're actually going to go to indicators on the top of the screen in the search bar. You're gonna type in super Trend and you can find this one and add it to your chart. And how this works is pretty simple. When you see the word buy, that means that we should be betting that device is going to go up.

And if you see self, that means you should be betting that the price is going to go down. And in the options world, it's as simple as getting calls if you want to go up or getting splits if you want to go down. I Think a lot of these indicators they're suggesting are valid, but the problem is on this. Tick Tock Or these little shorts.

They show you a screenshot of the indicator after the trade is done. Basically, you don't see how it occurs in in the moment, the price action. You don't see any of that. So yeah, of course is going to look Picture Perfect In hindsight, but you can buy a stock according to indicator and the chart actually dips a lot lower first.

Then how are you going to manage your risk? You're gonna panic and sell at the very bottom and then it rips. So I Think that's you know a lot of times that's the that's the problem with these indicators and same thing as a cell you can see on the in the earlier example the stocks you'll sell after the spike and then came back down. It says sell and then get broke down so you don't know where to take profit. You're actually taking profit when the stock has broken down or started to break down because some of these indicators are lagging.

I Know because I used the super Trend indicator before when I was first starting out like five six seven years ago. Now right here we're seeing a buy. Which means that we should be buying calls, butting that the price is going to go up or right here. the price action is actually going sideways so we're gonna hold off a bit until we break the key level.
It's gonna be right here. Now being a pro doesn't mean Trading every day, but it is waiting for the right opportunities which we could see right here. Super Trend is telling us why, which means get calls and we can broke above a key level so we're good to go on the straight trade. Now all you have to do is wait to solve and it says the word sell and then you just rinse and repeat over and over again until you hit your first ten thousand dollars.

Ah, like I said indicators can help you, but they're never gonna give you the precise entry and exits. That's the work you're gonna have to do on your own. Basic and effective strategy. Add to exponential moving average indicators three and no, it's not drop shipping or Amazon FBA It's called copy trading and no experience is needed whatsoever and there are no startup fees.

All you need is a little bit of money to start trading with which you can withdraw at any point. It's still your money members in my telegram group profit every single day. I'm so tired of these telegram groups from my trades I'm a Trader that's been traded for three years on the Forex markets and all you need to do is copy and paste my trades as a Trader This year. these are my stats above here: 376.52 Return on all of my trades this year.

This means the number in my bank account in my trading account sorry on the January the 1st 2020 rise in their Investments and I've placed 731 TR that's like two three what two trades? look. If copy trading really worked I would have gotten Rich within my first month of trading and not have taken me two years to become profitable. So for those who don't know when I first started, I did start out with a lot of these copy trading Services The alerts that gets sent to your phone I'll see the text saying buy ABC at one dollar and I'll try to get in. by the time I got in, it's at 120.

Then I'll get a text that says sell ABC at 125 and by the time I tried to sell the stock is back down to one dollar. You kind of see the idea there. You see what's going on. But if you're asking me, copy trading.

Can you really make money doing that? The answer is absolutely not. There's no excuses in 2023 not to be making money through your phone. There's no excuse in 2023 trading if you really want to do this. otherwise just go to the casino if you're a new Trader I Suggest you should invest time in practicing how to read price action.

In 2023, you can leverage Advanced Training tools that are free to use such as the MooMoo trading app. Let me introduce you to Moon's Kindle Patch and Screener, a modern analysis tool that could assist you in your learning process. This tool excels at recognizing important chart patterns such as double bottoms and both flags. And the best part is that offers Auto generated key level analysis for you, including take profit levels, stop loss levels for your reference.
Although you're trading decisions shouldn't hinge solely on Candlestick patterns, they can still serve as valuable confirmations when assessing key supports and resistance levels. If you're committed to level up your trading and recommend adding MooMoo app to your stock analysis toolkit, MooMoo is now offering exclusive sign up rewards for Canadians If you're in the US you can receive up to 16 free stocks using my link in the description. Thank you to MooMoo for sponsoring this video! Here's a super simple way to get rich: earn 70 000 a year, spend sixty thousand dollars a year, invest ten thousand dollars a year, and repeat for 40 years. And if you invest in something like the S P 500 Index Fund which has historically returned 10 percent.

In 40 years, you would be worth 4.4 million dollars, right? I Mean yes, the math works out, but I think he forgot one thing that is taxes. If you make seventy thousand dollars a year, you're not gonna keep all that seventy thousand dollars. So that's one thing to keep in mind. Yeah, and where I live? If you make seventy thousand dollars, you'll probably you know end up take home 55k which is decent, but I'm just saying you cannot actually invest ten thousand dollars out of that 55k if you are in Vancouver So yeah, it's not as simple as that, but he has the right idea.

Yes, definitely allocate some of your earnings each year into investing if you can. This is how you're gonna make some real money. You need a phone and some balls. This is how I went from working a job to doing this for a living, work for like three hours a day, and get the weekends off.

It's a tough life. I Live. Get one of these apps, get approved for options trading level two, and start trading. You'd even trade live with me every day.

This ain't no money glitch. You have to learn this. That is why I'm here. When you start trading, use these bigger time frames and use these stocks.

15 Stop loss. Go crazy. I've never been outside, just quit playing around and go get it. I'm doing this you can't like.

Who am I I Mean not as crazy as that sounds. If he is using 15 Stop Loss on the options, that's actually quite tight of a risk, it might work. But like the the winners better be making 50. you know, 30 minimum, 30, 50, 100 So the fact that he's actually preaching risk management doesn't matter whether you think 15 is too tight or too little.

I Think this. this might actually work. And he's actually preaching people to trade these options on the big cap stocks. And he's talking about using bigger time frames such as the daily or the hourly to trade these big cap stocks we're talking about.

AMD Microsoft Amazon Apple I Mean some of these premiums are kind of expensive, but yeah, if he's preaching, you know, trading big caps using risk management and not on some sketchy penny stocks like that earlier guy. It's it's not a bad recommendation. I Don't recommend people to start with options trading, but to each their own. But once again, if you are really starting out trading with options, you better be really good at risk management.
This simple strategy will make you 500 a day day trading the first thing you want to do is Mark out the highs and lows during pre-market these levels will act as support and resistance for the stock. When trading into a day when the stock opens up, we want it to break either the high or low level and then retest that level. Here we see a strong retest of that level. We enter into calls here looking for the 145 whole psychological number and our stop loss is a little below pre-market highs.

And just like that, we were able to capture that whole move by using simple pre-market levels. That was actually quite a good snippet. I mean a lot of that pre-market breakout and breakout and hold the key level and go long. Even though I trade stocks and he's talking about trading options, it's the same concept so if you want to learn that particular strategy to go long after pre-market High breakout, you want to watch my video on the Gap up long strategy because he he didn't really mention a bigger picture is that you need a stock that has gapped up overnight with a lot of volume.

Then yes, you go in, look at the pre-market time frames and find the entry. so you want both a small time frames what he's talking about as well as an idea of the bigger picture which is the daily chart and the pre-market Gap up. So check out that video if you haven't done so already. This simple trading strategy made me my first five figures.

Step one is to identify an uptrend. We do this by looking for higher highs and higher lows. Step two is to find a key level of support. You can use the grids on your chart to find a price level that has seen major turning points in the past.

Step three is to buy at that key level of support and place your stop loss below the next key level of support. And step four is to Target an ABCD pattern to the upside and that's it. Make sure to follow for more because I mean it's not as simple as that, but he is talking about the right ideas using. you can use the Grid or the technical levels as your support and resistance.

That's the right idea. You know the ABCD long, basically higher lows, consolidation, and breakout. It's the right idea. But I'm just saying.

it's not as simple as buying a support and selling at resistance. If that's the case, everyone would be rich. It's about how you use those price levels, the technical levels to use in your existing strategies. But over girl, it's much better than preaching to buy penny stocks.

This guy just used insider trading to turn every 600 into three grand overnight. I'm going to show you exactly how he set it up so you can catch the next one on the unusual whales app, hit flow and go to filters. Let's exclude ETFs and indices and make sure our premium is above 44 000. scroll down and select out of the money only in single leg trades.
With these settings, you would have seen somebody dumping ninety seven thousand dollars in the snow. 150 puts with the stock right below 180. which pretty much means that somebody's betting on snow to drop by over 25 a share over the next couple weeks. But with their earnings coming out the next day, these are highly unusual.

and the very next day snow dropped by over thirty dollars a share, turning that person's ninety seven thousand dollars into over half a million. Some of these plays with shorter contracts went from forty dollars a piece all the way up to eight hundred dollars. So it's not like you need a hundred thousand dollars to be able to follow these plays. And if you're in the Discord you would have been notified as soon as these Insiders on snow came through the foil because that guy is me, right? Because I think that's the right idea.

But honestly, ninety thousand dollars bet on the earnings play is not a lot. I Have a sale only. If you're looking for something as small as ninety thousand dollars to follow, you're gonna be following a lot of like random trades and left and right. The ones you really want to follow are the ones that are six figures, six figures, and ideally you know, not just like 100k.

we're talking about 300, 400, half a million. Then I think that's where it actually has a higher probability of success. So yeah, I mean he has the right idea, but you need to increase the filter to like you know, closer to half a million to follow. And another caveat he didn't mention is that some of these you know all of the money calls or puts that you see that you detect as unusual options activity.

They can be hedges too, so they can have an existing position and they are buying puts to hedge their investment. So you know it's never as black and white as people think it's the right idea. and I know people who trade this particular strategy, but just a lot more that you need to be aware of it. This is oh that.

This guy's funny though. he's acting like he's Christopher Columbus discovering America like and look. The pattern he showed you earlier really well could have been a bear flag and then break down I've seen it multiple times. Patterns are by itself unreliable.

it can be 50 50. how many times have you seen you know any random ball flag try to break out in a dump? I've seen it every day on small cap socks. so the patterns or the Candlestick patterns, especially the smaller time frames cannot be the only thing you use to determine your trade, entries or exits, or even the entire strategy. So definitely learn Candlestick patterns.
I'm not saying don't learn it I'm just saying don't use that as the only reason you're getting into a trade. Funny in 2023. First, let's open the Trading View Select Nas If You want to trade I Will go with Avalanche Avax now. Open the charts now.

let's see where the prices backup words got rejected just trying to identify a pattern. Now I'm going to open up my trading guide and I'm gonna identify a pattern that forms time to time and the double bottom is confirmed Now I'm going to open my broker account. Don't forget to set up your stop losses. Also, First, let's wait for the Breakout and this is how you need to start trading in 2023.

Imagine all these profits you can take. Yeah, but it's not like these Candlestick patterns didn't exist in 2022. Well, 2021 were all the years before that. So if it wasn't the golden ticket the last 20, 30, 40 years, why would Candlestick Patterns to be the golden ticket this year? Have you ever tried Forex Trading and found it really difficult? Well let me show you this: I managed to get my hands on a Forex spot that does all the trading for me.

Now just look at the success. It's everywhere. It's bringing in money every single day. In the last 10 months they had one loss and that was 7p.

So it's pretty much really. this bot only had one loss in 10 months. Come on, 99 The success rate. If you want to find out more about this bot, just drop a comment and I'll make sure to no I Don't really want to find out more about this bot.

Remember Traders if it sounds too good to be true, that means it probably is pulling your trading account and see this. We have a trading bot that will automatically trade with your money and you can sit back and see the money coming in or go out to dinner with your family because you don't need to do anything for it. So I've been testing out a trading bot for like the last three months and I want to be the first person to say this? It's not as simple or as easy as you think. The bot makes a lot of mistakes and I've been tweaking it for the last three months.

So if you're talking about a bar who may only made one loss in the last 10 months, or this guy who's saying like it's very simple, it's printing money and making a lot of money in your sleep and it's free. Come on, it's a little bit too good to be true. Hopefully you guys had some fun today and enjoy this reaction video. If you want to see more of my Tick Tock reaction to these experts advice on investing or trading, then check out this video over here.


By Stock Chat

where the coffee is hot and so is the chat

29 thoughts on “Why tiktok trading tips won t work”
  1. Avataaar/Circle Created with python_avatars Kelvin Barnes says:

    Learning on TikTok is a bad idea in just about every discipline.

  2. Avataaar/Circle Created with python_avatars HANKER TRADING says:

    Trading is not that easy what you see on REELS and not that much hard what you see on TV media / News

  3. Avataaar/Circle Created with python_avatars MikkiJamz says:

    A trading bot that has 1 loss in ten months… How come you're not a billionaire or trillionaire yet ? Or are you trading with monopoly money?. 😅

  4. Avataaar/Circle Created with python_avatars Kelvin Fok says:

    For the video that talks about that bot that wins 99% of the time, it actually exists and it’s called the martingale strategy bot. I used it for 6 months and it generated consistent profit until one day when a series of trade just wipped out the entire account. Google martingale and you’ll see why that is. So please, don’t touch any of that crap.

  5. Avataaar/Circle Created with python_avatars StephTradez says:

    gangshyt

  6. Avataaar/Circle Created with python_avatars NOVA Trader says:

    Hi Humbled can you share me some book teach about technical analysis? I am a new trader I know some rule in stock trader but I am low in analysis . I am trying to trade on Demo with survival no strategy. Please if you have good book can you share it for me I’ll check it and i learn about it .

  7. Avataaar/Circle Created with python_avatars Send Me Your Business Cards And I'll Post Them says:

    nice content…i used your video as a cooking timing…forgot about the ads and now my fishfingers are burnt…

  8. Avataaar/Circle Created with python_avatars Arul Raj says:

    Can we see your yearly PL to join your course 💰

  9. Avataaar/Circle Created with python_avatars TraderUpthaBlock says:

    As someone who uses supertrend, it's definitely not as easy at that person says… that's actually not how you want to use super trend…and tbh super trend settings matter, the problem with super trend settings…is some super trend settings work well with a certain kind of market, and that same set of settings will work terribly. That's why you don't use super trend like he said, you're right…to get precise entries and exits depend on you, no indicator is gonna always pinpoint thag for you.

  10. Avataaar/Circle Created with python_avatars Jared Jones says:

    basically never never do any leveraged trading fellas.

  11. Avataaar/Circle Created with python_avatars kr goins says:

    Thank you very much for your reviews. You’ve been extremely helpful

  12. Avataaar/Circle Created with python_avatars Jorge Chz M says:

    Shay I miss the humble trader community 🥺

  13. Avataaar/Circle Created with python_avatars Kasidis P. says:

    the reaction of trading/trader tiktok is really entertaining for me as a trader. This is like a new genre of entertaining since there are many reaction video but it about general life event, but not like these trading memes reaction one.

  14. Avataaar/Circle Created with python_avatars Dell1986 Gaming Platform says:

    i subscribed this channel because Shay is truely honest in trading explanation and cute person too❤❤❤…

  15. Avataaar/Circle Created with python_avatars Wayne V says:

    Which TikTok influencers do you think have the right idea? Ive found a few good ones on there.

  16. Avataaar/Circle Created with python_avatars grow up says:

    I'm not really a trader and I don't like trading😂…but I follow you because I like you ❤

  17. Avataaar/Circle Created with python_avatars 温斌ALEX says:

    我手机里面没有 抖音。我也建议我认识的所有人远离 抖音。

  18. Avataaar/Circle Created with python_avatars Glen D. Vanherck says:

    People often talk about investing your money in the stock market, especially for those who are new to it, even though it can seem riskier compared to putting your money in a bank where you get a guaranteed interest rate.

    But things have changed lately. The stock market is a bit unpredictable, and even banks aren't as reliable as they used to be.

    I'm planning to save around $5 million for my retirement, and I've already saved a good amount, in the hundreds of thousands. Is there any way someone like me, who's almost 60, can make the most of this situation?

  19. Avataaar/Circle Created with python_avatars shreyash 08 says:

    Can you please make video on equity intraday plzz

  20. Avataaar/Circle Created with python_avatars shreyash 08 says:

    So good girl and trader you help me for learning trading

  21. Avataaar/Circle Created with python_avatars STAR CLIPS # says:

    Hello thanku for

  22. Avataaar/Circle Created with python_avatars Tinaaa says:

    Authenticity rules. Thank you always

  23. Avataaar/Circle Created with python_avatars Bixou2023 says:

    Influencers make money selling "magic" methods and not trading !

  24. Avataaar/Circle Created with python_avatars Noe FC says:

    Intel 34 call went good and hope you got in on it. You're welcome.

  25. Avataaar/Circle Created with python_avatars NIO says:

    Hi H.T. This video is great. So funny📱📉 these crazy Tic Tok get rich "Investortainment" 🤣I keep a bottle of whiskey to smooth out any bad trades, Thank You 🤩👍Thumbs Up

  26. Avataaar/Circle Created with python_avatars Mohammed Viso says:

    I really loved your reaction ❤❤❤ ..you have a great smile

  27. Avataaar/Circle Created with python_avatars Uniqu3xperience says:

    I actually learned how to trade with lux algo trading they would tell me when to buy and sale. So i would research why it would tell me to buy or sale so i figured the algo would see volume and daily averages and Bollinger bands to guess the trend. After that i would see support and demand and be 100 percent before trading. My win rate is around 65 to 70 percent i still need to work on a better stop loss system. I only do options.

  28. Avataaar/Circle Created with python_avatars Vshaan says:

    Those indicators are remapped 😂

  29. Avataaar/Circle Created with python_avatars Humbled Trader says:

    Discussion topic of the day:
    Is the short-form video a good format to learn investing or trading?

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