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Thursday, March 5, 2020

HOW SEAN MADE $5,000 IN 15 MINUTES FROM THE SNAPCHAT IPO #Best Education Page #Online Earning

HOW SEAN MADE $5,000 IN 15 MINUTES FROM THE SNAPCHAT IPO



what's up YouTube this is Ryan Hildreth
I'm here with one of the traders in the
stock market mastery program
Sean Chung he made around $5,000 the
other day on the snapchat IPO so I
decided to bring him here on in a
YouTube interview just to get to know
him and a little bit about his
background and how he made $5,000 in 15
minutes on snapchat which was a pretty
amazing trade it was his first week
first or second week in the stock market
mastery program so pretty amazing story
what's up Sean kind of got introduce
yourself to the subscribers and let
everyone know kind of where you came
from and a little bit about you guys my
name is Sean Chung
I'm from Los Angeles California and I've
been trading stocks for roughly about
maybe I'd say a year now and um I
started out was I was in high school is
in high school and I was really
intrigued into the stock market because
my dad used to be an investor too so he
but sometimes tell me these things about
the stock market and now I'm just really
interested in it but he never really
taught me in depth of how to trade and
strategy strategies to trade and things
like that so I decided to take matters
into my own hand and I started going
online tutorials finding other other
programs that I could go into and and
apply to I managed to graduate high
school in about roughly two years at the
age of 16 by taking a GED age and
graduate early there went to Community
College I got my associates and I
actually was accepted into USC but I
didn't go cuz hefty price tags on it
yeah so then I decided to start trading
stocks full time every morning like 6
a.m. and I've been in other programs
before I want disclose which ones they
are but I have been other programs where
yeah I felt that other investors didn't
didn't give the full potential
information as they should have
yeah I mean if you're paying around like
$1,000 for a program you kind of
expected to receive a good return I saw
like minimal to no return for what I was
getting and like these and like these
are things that I paid for that actually
searched up online myself I really took
the time to yeah beside I one day I
found a Ryan's um stock market mastery
program and it took me actually was
funny because I found this YouTube
channel the same day the stock market
mastery program was what started really
something I decided and because because
the price was so low I decided just give
it a try yeah I finished all the videos
in about I think uh in about two days
yeah I really think watch those videos
okay so that yeah and then after I
watched I was like these are things that
I didn't receive from a $1000 program
that I received from like a $147 program
so sure if you're really comparing like
price versus value here then you're
getting a lot of value for the price
that you're for the price that you're
paying definitely you kind of walk us
through how you made five thousand
dollars in 15 minutes okay I was ringing
a lot on the snapchat IPO everyone was
talking about you know it's gonna be
like the greatest IPO of 2016 and like
yeah a lot of people were just just way
over calculating the value of it saying
it would go from like the the the
previous 14 to 16 range all the way up
to like the 30s or 40s and yeah knowing
how the stock market works the past year
it's very unlikely for first stock to go
from fourth from a range of 14 from to
16 all the way up to the 30s and 40s
ya know that over calculation of value
kind of set the stock back but also edit
the hype
not everyone was thinking oh yeah this
is gonna be the big song this is what's
gonna make me millions of dollars yeah
that's the mindset that a lot of these
investors were yeah um you take
advantage of that hype and you say and
because it because you have experience
at the market you say okay I'm gonna
take advantage of this height but I'm
not gonna over calculate the value of
the stock either yeah so what I'm going
to do is I'm going to put in money and
then let that hypetrain just bump up
with in the first like 30 minutes yeah
and and have it just die back down B and
that's basically how that's basically
how the stock worked on the first day
there was that big pipe jump in the
beginning of about I think um was almost
$10 yeah within the neighbors for 30
seconds it was like it went 17 to 24
exactly luckily you guys know like I
mean pretty early to 21 I think just
right before 22 so it was it was a
pretty good number um thanks to my
brokerage yeah so then um after that I
didn't I didn't want to hold it for too
long either because also I'm afraid of
that drop so after I started seeing
patterns of having it might drop then I
just basically sold it I could have held
on to it for another like 10 minutes and
made more profit off of it like even
like six thousand seven thousand dollars
but yeah I didn't want to push it too
hard yeah and that's one thing I think
that a lot of new traders should learn
to is how to not hold on to it for too
long and not be too greedy you can never
ever be too greedy when it comes to a
stock if it reaches the point that you
calculated already then just sell it at
that point don't try to hold on to it
for that extra five minutes that it
actually 10 minutes because that in that
5 to 10 minutes you could literally drop
like five dollars - yeah exactly which
so you can ultimately be losing money in
that five to ten minutes - yeah
preparation was key
knowing the market was key and also
reading patterns was the key to to
profiting off in the snapchat IPO did
you use any technical indicators or
anything that you really learn from the
program - for this trade or do you kind
of just go off what I said in the
Facebook the private Facebook group or
both actually I took your advice from
the from the Facebook group that's one -
was your video about reading patterns -
you know even though even though you're
you were talking about how how patterns
you know repeated itself over time and
like like the patterns match up with the
with each other and that was in the long
term - but in the short term even in the
span of about like 15 minutes like like
I said yeah that there's always a
pattern or something to follow to go by
because as I've learned patterns always
repeat themselves look at previous IPOs
that are like snapchat
yeah compare them to the snapchat IPO
that just happened and you can
definitely see that they're very similar
in terms in terms of patterns - and how
there was a hype behind it and yeah died
down I think I think that also happened
for I think it was a Facebook I think
there was there was a huge height there
was huge height behind it after they
started gaining traction and Facebook
started becoming the whole new thing
yeah yeah yeah well Facebook's
definitely one of those stocks that I
actually believe in I own Facebook yeah
I own a lot of it and I do trade options
on Facebook because if you look at you
know the valuation that you look at
their p/e ratio things like that they're
actually making money yeah you know they
actually have earnings positive earnings
whereas snapchat it I mean they're
valued at about 20 20 billion or
something but they don't get they don't
make any money you know yeah definitely
definitely that factors into play
definitely was a hype trade and hype
trades tend to overextend themselves
right in the first you know a day and
then come back down so that was a I was
a good move that you kind of got in and
just went for it
um did you set a stop loss at all all
are you just kind of a mental stop-loss
stop-loss reason I didn't want to set a
stop losses also because I didn't want
to cut myself short either what
potentially I could be making yeah so
well I decided to just manually just
sell it and myself instead of setting
setting a stop loss for sure for sure
yeah um what would you say is the
hardest part about trading for a new for
someone coming in new to the stock
market mastery program like what what
video should they kind of take into
heart and really follow the I guess the
advice that I lay out there or the
information I had I lay out there it's
not advice it's information yeah yeah so
personally I think that hardest things
about us just starting out in training
is if you're training with small amounts
of money um I like to call it the
snowball effect as I've explained to
other people as how you're starting out
really really small with like minimal
amount of money and you're gaining
minimal back to ya and that's the
hardest hardest factor because you're
basically making like less than minimum
wage so people think why would I want to
make less than minimum wage you know
yeah and the reason why is because you
would you would want to build up that
snowball effect where you make a little
at a time a little at a little at a time
and eventually you keep gradually
building and you're able to buy more
stocks at one time and you're able to
sell more shares at one time so then
that way they may be able to say a year
down the road you're going from making
like five dollars off one stock to all
of a sudden now you're making like a few
hundred off what's dr. daniela say a
year from then now you're making from a
few hundred to a few thousand yeah so
then it's that snowball effect that
kinda that kind of starts getting
rolling up after a while
and i think that's probably the
hardest part is the financial aspect
another aspect that I find was really
hard for me in the beginning - was the
emotional aspect touch me I thought I
mean literally seen your money go up and
down - yeah
patterns and things like that are easy I
wouldn't say easy to learn but they can
be learned mmm learning how to
emotionally control yourself during
these traits and not get too greedy yeah
and uh don't get have a big ego always
try to be a conservative trader meaning
always trade safe these are emotional
factors that you have to take into
account that you really have to get over
these emotional factors so don't let
your emotions like oh it's gonna go down
you know and just don't just don't sell
it right away yeah cuz it goes down you
read the pattern correctly that down
might actually mean that within the next
10 minutes after that it could be an I'm
trading pattern yeah exactly
yeah market psychology and controlling
your own psychology that's why I love
trading because it really helped me
develop as a person because I was able
to hear the market will it will magnify
whatever you are right so here if you're
someone that's I guess risk-averse
you're scared of taking risk that's you
know the markets gonna magnify that the
market is going to magnify if you're
greedy or impatient so it really helped
me is I'm kind of impatient sometimes so
the market showed that and you know I
took six thousand dollars in losses when
I first started and that was a lot of
money for me and I I freaked out and I
was like I'm never trading again but you
know eventually I was able to come back
and you know I think the Gateway is
coming from you know a small account
whether it's three hundred dollars to
pass passing that margin yeah that
margin cap of twenty five thousand
because you know obviously as you know
you can't de trade you can't trade more
than three times in like four
days if you don't have margin and the
only way to get that is $25,000 in your
account or start trading options which I
also teach in the program so have you
started learning about options or have
you traded options at all yet one time I
did okay at first I didn't really
understand what I was doing
yeah yeah but options - okay videos
really helped thank you for that yeah so
definitely options is something that I'm
working with any key to get into they
seem a little bit more complicated than
regular stocks are because the whole
contract process and everything yeah but
hopefully by I'm I'm hoping by maybe
next week I'll start get ourselves
started getting into options that point
yeah because I'm starting to get a grasp
of what it is and how they're related to
stocks and things like that so
definitely something to be looking
forward to yeah yeah definitely
I mean options is really kind of where I
took things to the next level because
with options you're reducing your cost
basis you're you're trading with less
capital to make more kind of deal
because they're leveraged products so
yeah definitely options should be good
I'm glad that you're you know kind of
dabbling into that as well yeah so to
wrap things up here Sean what would you
say for any new trader coming into the
stock market mastery program well we
what kind of advice would you get give
them or kind of pathway would you say
they should take in your experience well
starting off like a year ago myself
money to start with I would say don't
give up too early a lot of people seem
to give up too early - yeah by that i
buy that i mean they see like losses and
those and they're like oh i don't want
to watch actually if you look at
statistics yeah being a good trader like
like I mean like I'm talking about like
Timothy Sykes
and penny stock trader yeah they're
they're profiting six out of every ten
trades that they make mm-hmm so out of
every the other four out of ten trays
that they're making they're losing money
too so you have to also learn that these
like millionaire traders are also taking
losses too you know yeah not everyone's
making a hundred percent of profit in
the market too so yeah that's why I'm
telling these new traders to you know
it's like if you're taking like a few
losses here here and there you know it's
no reason to give up always thinking of
learning experience reflect on it and
say how can I improve myself better what
made me lose money that time yeah yeah
and that's how that's how I was that's
how it was before you know I I lost
money and then I would continue it
losing I was continually losing money
because I didn't have much knowledge of
the market yeah so I started until I
started actually reflecting on myself to
say okay Shawn what are you doing that's
causing you to lose money is it the lack
of preparation is it the emotional
factor what is it you know when you
really reflect on yourself and you you
see your issues of your trading then
you'll know what to do differently the
next time and improve on your mistakes
yeah and that's one thing I think that
these new traders should understand too
is don't give up too early you know yeah
there's so many so much opportunity to
profit in a market and we're at where
it's at right now you have to be great
yeah so it's like take advantage of the
situation that you're in
yeah you know so then then that's the
advice that I have to give to the to
these new traders definitely definitely
and I mean like you said the market has
been great you know ever since you know
we had our new president elected and the
economy has just been going really well
the market has been going nothing but up
we've been reaching you know all-time
highs in the Dow so really it's it's not
that hard to profit as long as you're
patient and you take advantage of fear
like I teach in the program so you know
multiple traders in the program have
already made money and it was
their first trade but just like any
other business venture you know you have
to just be disciplined stick with it
don't give up after the first time you
take a lot because really it's all it's
about taking these boxes and learning
from him so yeah it was nice it was
definitely nice having you on the chat
Sean yeah your your experience and you
know your trade the other week that was
phenomenal making $5,000 in 15 minutes I
think you know any new trader with loved
that opportunity and those opportunities
present themselves all the time in the
market so yeah well I guess we'll wrap
it up from there and yeah take care of
man look forward to having you back on
the on the You Tube channel soon yeah
sure alright see you soon take care

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