 One of the very traditional Chinese experiences is it's better to do drugs than to do stock market. Ha ha ha ha ha. Whoa, this stock trading guru just missed out on $100,000 while filming this video with us. I hope it was worth it. So today we're here with Stephen Dux. He's 24 years old and famous on YouTube for being a day trading millionaire. He's gonna try to explain to us how he flipped $27,000 into $3 million. He'll also tell you what you can learn from him and how he likes to address his doubters on the internet. Let's go meet the guy. You know what's significant about this? Is that, Stephen, you're originally from Chongqing? Yes. Chongqing is one of the biggest cities in China. Correct. But it's in Sichuan. And we're here at Chongqing Yao Mei, which is a Chongqing hot pot restaurant here in Pasadena. And I mean, the food looks amazing, man. Yo, guys, I want to talk about this mushroom log right here. This is crazy, man. She said to cut the mushroom off the log and then it's straight into the pot. Straight into the pot. Let's do it. So you got the most known from turning $27,000 and flipping that in the $3 million. Yeah, in about two years. So we're way past $3 million now. Yeah, we're past $3 million now. So you go to Cincinnati. Usually when a lot of people they want to come to America, they may not choose Cincinnati as their choice, right? Yeah, my parents are very traditional parents. So they don't really know outside of the country. So we basically got scammed by this one agent. Scammed, OK. And it put me into Cincinnati. I had watched so many of your interviews and I didn't know that's how you ended up in Cincinnati. What are your first impressions of Cincinnati? You get there or are you just like, what? The first impression is why people here so big. Because I was looking for a different style of education because when I went to the Chinese school, everybody knows that it's very strict. You have to study the books. You have to finish the exam and get good grades. That's what you need to do. But in here, they give you the chance to create stuff. Then I was telling my teacher that I want to do a different mechanics for the prox, the proxing to the wall. And the teacher just smacked me and said, don't think about everything about that. Just get good grades. That's it. So you were trying to innovate on the systems that were existing, whether that was a new, electric one. I'm giving ideas, yeah. It seemed like from a young age you were always thinking a little differently. Yeah. So how'd you learn English so well? I had this one friend, Dante's. Dante? Dante. Other than that, I had an American girlfriend two years later. So that's how I guess I used to think a bit better. Nice. Yeah. Hey, girl? Yeah. What are the steps between that and like, yo, I want to become super successful and rich and wealthy and make my own way? At that time, it was hard cool playing this game called Starcraft 2. I got into very top tier and pretty much world championship tournaments. After that, I had this one girlfriend, which you guys know. We broke up, but I did put a lot of work in there. So once it broke, I was thinking myself, oh, I need to get better. OK, so you felt like it was something wrong with you? Or maybe something that you were lacking? Yeah. OK. So maybe I'm lacking money. Yeah, a very classic story motivated by women. Not wrong, it just is sometimes. I was looking for different industries to invest. I don't have that much money, about $20,000. When I look in the real estate, I have to recontract and stuff like that. My English was not good at that time then. So I just completely ditched the way. The second thing I looked at is the stock market. And the only thing you need to do is just to look at the chart. You don't need to talk to people. You don't need to read stuff. It's all based on technical reading. And I did another way of how to really use small capitals to grow into a bigger capital. Since $20,000 is not that much money, but it's not a very small amount of money. So you're stuck in that very awkward zone that you have no idea how to really grow. When you're trying to grow your money into all those Microsoft or Tesla, it doesn't really give you a really good risk award because they move so slow. They take years and years and years to grow. What are those called? Large cap? Large cap. Large cap is companies that are worth about $500 million or more. Most of the time we'll see over $1 billion. So those type of market caps, it's very difficult for you to invest. Either you have to invest in long term or you have a lot of money or hedge funds. But none of us have that kind of capital. At that time, I was thinking, OK, so if I pick a high risk, high reward, what if I can control the risk? Then I can only get the high reward. So if I can control the risk of low risk and low reward, if I control the risk to a very small amount, I still get the low reward. So I was doing research on small caps. I will say, OK, well, how much percentage can small cap grow in one day? Then I tracked about one month of statistics that small cap can grow 2,000% in a day. So if I have $20,000, catch that 2,000%, I can grow $20,000 into a lot of money. First trade, I got extremely lucky. I think I invested about $12,000 and made $40,000. The first day, I went into the small cap. Of course, the second, I think the third trade I pretty lost all the $40,000 again from the first trade. Is it like gambling? It's not gambling. To be honest, I've been tracking the statistics for almost five years. The pattern that I've been tracking has about, some of them has 93% winning percentage. So if I see this type of pattern, I size it in at least $300,000 and then make $150,000 per day. It doesn't really happen that often. It happens about five times a year. Have you developed it or you? Some of it I developed it, some of it I didn't. But some of it I improved it based on the basics. Yeah, a lot of people asking me, okay, so if you are making this much amount of money, this is three million to five million per year, why are you now working for a hedge fund? Very good question. Also, I can't get over like, for hedge funds, you're holding somebody else's money. So if you win, that's good. If you lose, you're losing somebody else's money. So that's why I can't get over that. I did get invited of a hedge fund before, but that's not for me. So you're not making the most money you possibly can? Cause I don't have that big of money to make 20 million dollars per day. But it will take me years and years to develop a new, different pattern because the pattern doesn't really work on the bigger caps. So you have to innovate more patterns. And that's just a whole different world, right? Yeah, it's a whole different world. It's more competitive too. When you mean pattern real quick, what is a pattern? Pattern is, let's say every time when the stock hits this specific level, it goes down. And you can repeat 80 times and 60% of the time or 70% of the time they win. So that's called the pattern. So you got a fix in the game? No, not a fix. I was able to calculate certain patterns using algorithms. The patterns are visual, right? Patterns are visual, yeah. Okay, so it's literally like a graph. It's a graph. So you're basically looking at the numbers and the visual data and coming up with a way to track the spikes and predict the spikes. Correct, yeah. That's the right explanation. Would you call yourself an independent stock trading team? It's like a retail trader. Retail trader. Yeah, so I started to build my own data to base on the first win trade that, okay, I wanna track this one trade, similar market cap, similar action, similar pattern, similar charts, everything is similar. I wanna track what's the exact winning percentage on this specific pattern that I just did of a lucky trade. So the perfect, perfect entry for me, for a further system is two. If it's machine, does it. And for human, it's about 1.5. So once you look at the human reaction and you look at the machine reaction, then you can find, okay, well, there's about 0.5 gap. Now next time, I'm going to try to improve based on the human action. So then I'm trying to get 1.7, 1.8, getting closer to the perfect system. So are you saying your ability, your huge advantage was that you're part machine? Yes, I will say the more machine like you can think. Machine like you think, yeah, rational thinking. One of the keys, and you guys, you always talk about this, is like taking the emotion out of it. When you get emotional, you make irrational decisions, you rush through things, you panic, you get frantic. Those are all things you want to avoid when you're dealing with stocks and money, right? I'll be honest, I try to dip my toes in stocks a little bit, which is on the app. And even me, I was like checking, I was like, oh, it went down today. Oh, it keeps going all weekend, it still went down. And then I'm just like, this sucks. And then already, I was like, oh, I'm being so emotional about this. I'm so not Steven right now. People go into the stock market blind. They don't know what the stock market is. They don't know what bigger cap or small cap is. They don't even know the terminology. And when they go in, they just basically throw money at people that are like us. Right. That's exactly what I did. What you're saying is pretty much the average behavior and forgive me for my language. I'm going to call these people your average Joe dumb. And the reason I can call them that is because when it comes, that's me. I am average Joe dumb. Not that I'm a dumb person in like every aspect of my life, but when it comes to the financial instruments and financial worlds, like any cap you're talking about, small cap, mid cap, large cap, I don't really know anything. I lost a bunch of money on crypto. You don't really know what crypto is. I really didn't know. I watched like three videos and I read like three pages, you know, like summaries. And it peaked when I was in New York, it peaked at like what is 1920. And I got it on the way down. And I was like, oh yeah, I got to get in on this game. And then it went down even more. It was just 6,000. So can you explain to me what I was thinking as Mr. Average Joe dumb? All the social media that not just you guys, those people that heard about Bitcoin is pretty much our moms and stuff like that. They have no idea. Even I have a clue of what Bitcoin is. And it caused like a chain reaction of people bound to basically chasing the stock. Now. The sheep, the sheep are chasing. The sheep are chasing. So now one of the very important behavior of stocks is you can see the stock trend is starts to speeding up. That means people are getting emotional. When the stock is spiking, people are feel like, okay, oh God, I missed the action. I need to get in this game. When the stock is starting to speeding up, there's more volume going in. More volume is more Bitcoin injected into the stock market. When the stock speeds to the certain point and you can track that how far or how much percentage beginning of the slower trend spikes and starting with that. You can track that starting point and track the end point for any type of industries. Typically they speed up about like, say generally 50%, 70%. At that 70%, you're looking for the first people who sell. So typically when the stock come up, they're a huge spike, they follow with a huge downtrend. Right, because people are, the other people who bought it earlier are like, this is my time to exit and make a bunch of money, right? Yeah. And people who are chasing it say, oh God, it's dropping. So, so, so, so, so, so. So when they kick sale and cause a huge downtrend and a lot of people did not get out. But the retail traders like you guys are stuck at the top of the game, at the top of the Bitcoin. I still didn't get out. I still didn't get out. You still have Bitcoin. When the stock bounces a little bit, I know, okay, well, those people did not get out when they bought at $20,000, I'm gonna show it. When you buy a stock, you expect the price to go up. On the other hand, when you short a stock, you expect the price to go down. Here comes the mentality. I bought at $20,000, the stock dropped to $15,000. I say, oh God, I gotta sell. And I cannot sell it right here, I'm gonna sell when I maybe get close to color even and I'm out of this game. So when the stock spikes, you will crash again because people are selling at that point and they don't want to cut it even. That's why I beg against it, then stock goes to $6,000. So you very much have a very strong grip of understanding of what Mr. Average Joe Dumbass is thinking. Yeah. If it goes bust, you can make 10 to one, even 20 to one return. No way. And no one's paying attention. Because I used to be a Mr. Joe Dumbass. I started from the beginning, I know exactly what you guys thinking because you guys are like me. One of the very important investing advice for like all of you guys is 90% of the people who are investing in the stock market lose money. And that 10% of the people always are doing the opposite of the 90% of the people are doing. So if you think, okay, all my people, all the people, all my friends and family around me are talking about Bitcoin, they're buying it, you know they are 90%. So you need to do the opposite. When they're buying Bitcoin, you need to not to buy Bitcoin. I should have talked to you like two years ago about this. Oh, you know what it was, David? We're like looking up MBA highlights and we're like, hey, should we get into Bitcoin? Yeah, yeah, maybe we should. That's not how you make money from Bitcoin. Mr. Joe Dumbass. Obviously Mr. Joe Dumbass probably got MSNBC or CNBC or whatever, you know, Bloomberg on. What do you think of that? If I'm doing the opposite the way of what they're saying, I can win about 60% of the time. So that means they're right 40% of the time. Yeah, even lower, even lower, that's the average. Based on prevailing sentiment, the market banks in popular culture, yes, it's a foolish investment, but everyone's wrong. Steven, this was such a dope thing to eat Chongqing hot pot with you. Do you think we can go? Can you help us move past the Joe Dumbass? Help make us help un-Joe Dumbass. Guys, on another note, this hot pot was really good. Really good. And guess what? That spicy side is really freaking spicy, man. Yeah, Chongqing has a little bit more flavor and Chengdu is a little bit more spicy. Yeah, I'm just saying, man, they give you the fresh mushroom log. Yo, it looked like a baguette. All right, guys, we're gonna finish up eating and then we are gonna get really technical and Steven is gonna help us take the first step out of the Dumbass. All right, Steven, we are here in an office and behind us is your stock trading platform live, straight from your computer. Things are going on and something crazy just happened. I was talking to one of my students that when the stock gets close to that 7.5 area, we were short. Now, so this is when you were attacked. This is where I was attacked at seven. Then I look at it where it at, it's at 3.5. So by filming this video, I lost about 150,000. All right, so on this part, Steven's gonna actually explain how on the car ride up from Orange County today, he missed an opportunity to profit $100,000. And these opportunities don't come around every day. Typically with, this is patterns color, one of the patterns called gap up short. And it's very one of the very strict, restricted criteria. And you pretty much admit about every single criteria. Only we call the high of 7.5 as a resistance. The high of 7.5 as a resistance. When stock drops about 75% of its own gain, repushes to the high and a little bit close to the high. So you wanna leave a little bit of range and the peak of around number, which is around seven. So if you put a seven line, that's right. That's exactly where the entry is. So if you short it here, size it a little bit, it'd say 30,000 shares or 40,000 shares. So you make about $3 to $4 per share. 40,000 times four, that's 160,000. That's the profit. You saw a second spike. And the second spike wasn't as high as the first spike, which leads you to believe there was gonna be a steep drop off. Yes. Now, if you take a deep look of this chart, all right. So when you look at the stock market, as soon as the market open, right, you see a huge drop, you're emotional. So people who bought at open got trapped. So they say, I bought at 6.2, now I dropped about 5.5, I'm nervous. Oh, you're panicking. I'm panicking. Think in your head, you already lost more. It's gonna drop more. So I see the stock coming back and I say, oh, I feel good. I feel good about myself. And once the stock keeps going, keeps going, then once it hits to a certain point, people right here starting taking profits because, oh, I don't wanna hold this anymore because I already entered around six. And when they see this huge red candle pop down, they say, oh, God, because this one was so fast. This one was about 30 seconds. So when it's 30 seconds, the stock drops about $1, you gotta be panicking. So the next reaction for you will be selling the stock. So it'll cause chain reactions, chain reaction keeps trending down because people keep buying it and people are buying it and keep selling it down. Do the people in the small caps, do they know anything about Austin Innovation? Do they know what it does? Like, do you study it? Or you're like, I don't even know what they're selling. This company, no, I have no idea what's the company gonna do, no. Right, you don't know if they're in medical or you don't know. So you don't have to know anything about the company. No, you don't know. Like, you don't have to know if they got a new product coming out or if their CEO is about to step down. No, not that. You're just looking at the pattern. Because by general statistics, 99% of the microcap always fail. So microcaps is around under 100 million. So it qualifies as a small cap. Small cap always fail in a long run. Right, because this is only worth 25 million. So it's very volatile. The graph, like maybe let's, can we pull up like a big cap company and see that it doesn't look like this today, correct? Yes, now this is a bigger cap. It's worth about 38 billion. And you see the range of moving. So this is Tesla right here. Tesla, yeah. So 219 goes to 212. If you enter here and exit here, it only makes $7 out of $200 stock, right? So that's about, what, 2%. But since as a retail trader, we don't have that much money. So buying this, it has pretty much a zero risk award. So it's basically like, if you have a small amount of money, it's better to play the smaller companies. Yeah. Because how many shares can I afford? Let's say I can only buy 10 of Tesla. Then I'm, even if I short it, I may only... Let's say 10, then you short here, you buy it here, you make $7. So seven times 10, you make 70 bucks per day. So this is basically why you would never day trade these gigantic stocks like Tesla and Amazon. Yeah, you invest at 20,000, you make 70 bucks. When did your parents say when you first were like, you know what, I'm gonna go into small caps. It's a lot more volatile, a lot more risk reward goes up, but I'm, I devised a plan to get more reward than risk. They said it's better, one of the very traditional Chinese experiences, it's better to do drugs than do stock market. What about the Chinese stock market? Is there any money to be made there? What you do? So Chinese stock market, it's regulated. So the maximum moving up percentage would be 10% per day. That's the maximum. He moves to 10%, then stock market stops for you today. And if he moves down 10%, stock market stops for you today. So this one is free movements. So you can move 50% down on one day. So you can make that gigantic risk reward in one day. Is it because China wants to kind of limit the volatility where they don't want the crazy gains and crazy losses? It's controlled market. For your style of investing that you've innovated and developed, what is the base amount that people need to be able to like even begin to test the waters? 5,000. So let's say $500. What should I do with $500? Is there anything I can do on any platform that would at least be helpful to me? Okay, so if you have $500, you gotta be really careful with the commissions because some of the brokerage rips commissions. So. They get money per trade, right? They get money per trade, like E-Trade, Shure Trader, or Robin Hood. Those three brokers need to stay away if you have like a very small amount of money. So with $500, micro cap I think is for you. Micro cap. Micro cap. So that's smaller than small caps. That's smaller than small caps. And you can focus on either you go extreme, billions of dollars of market cap, then you dip buy because dip holds much better compared to small caps. If you are using, let's say, a billion dollar cap loses 20% in one day, then you dip buy, you have a much better chance to make money. And for micro caps, it sometimes removes a thousandth of a percent. If you get lucky, you can make a lot of money. A lot of people say the micro caps, I think are like the little startups that just started that maybe have a chance to blow up. No, micro caps is anywhere between like under 10 million. So first you have to pick the right market. NASDAQ, New York Exchange, and OTC. You do not wanna pick OTC and pink sheets and that's not for you. Execution will be extremely bad. So I would recommend NASDAQ only. When I started, I spent about 10 hours a day. 365 days, I did not take a break. Zero break. So people thought I was crazy because there's like charts on the walls, like a mad scientist and making charts everywhere. Like beautiful mind, right? Making charts everywhere. The creating patterns will be a little bit more difficult than learning a pattern. So I would say I already created a pattern. People only come to learn, then it will be much quicker for them to learn instead of trying to create a pattern. Let me show you a little bit more extreme. So today, look at this drop. Whoa! Nine to four. Look at how much range that can be made per day. Right, this is applied, this is ARCI and this is a micro cap, right? This is micro cap, correct. Because it's worth less than 10 million. Yeah, correct. So what happened? So you could have made a lot of money here. Yeah. But you didn't see, is this a pattern? This one happened right after that. People want to buy breakouts. So when a breakout happens, it used to pass the yesterday high. So people would buy the breakout above $7 area and when it goes down under $7 area, I know people who bought the breakout are all trapped. When they're trapped, they want to sell. When they sell, I will add another $7 pressure, make them even panic even more. So that's how I panicked. So I probably should have around $6 to $7 area and make about $3 per share. Probably about 35% of the investment. If you were watching this and you saw it jump to nine, I wouldn't be touching. This is not touching. Not touching because you don't know where the backlog is. You don't know where people are holding. But you don't know where people are trapped. As soon as the reaction happens, you know where the people are trapped. So you want to be patient, wait and see, wait and see, wait and see. That's where people always say impatient. Patient is a smart word for trading the market because sometimes you've been patient and not looking for the right pattern, you still lose money. What pattern is this? This pattern is like losing momentum for microcaps. One of the, this is not a very specific pattern. This is fake outs for microcap and loses entire momentum. You know what's funny when you talk about stocks? It's like, I don't know if you guys have ever watched when Kobe Bryant is breaking down all his offensive possessions on uninterrupted. Like he just tell, yeah, when Kobe Bryant is just breaking down every single possession when he's like, okay, my man was to the left. He had his right foot back. So I jab stepped here and I knew that he was gonna back up two inches because I had just driven, you know, got to lay up on him previously. So I knew I'm gonna pull up for the jumper and he's gonna give me enough space. It's almost like hearing a savant like Kobe Bryant, he's a basketball savant. You are a stock savant. You just breaking down everything. Pretty much predicted. Yeah, what I do is when I track those patterns I will track the frequency of the pattern, how much, how many times they happen per year. I can generate a sheets that how much money I can make. It's a similar game, how much money I can make per year. So if I miss a play or I messed up a play, I won't be getting emotional because I know this is how much money I can make. You read, I mean, you can read it. You can read it. You can read the matrix. But you're saying that with any amount of study a person can also learn to read the matrix. Yes. So I would say people can, needs to put about like two hours to four hours. It would take them like a year or two to pretty much get all the technicals. Yeah. Okay. What is a hard stop, a hard out and you said you don't recommend it? Is that when you're shorting something and what does that mean? Especially on this ARCI, this ticker, when you want to short, you do not want to short like when it's on the breakout because you don't see any momentum. You don't see any pattern. This is why you are trading basically by reacting. But that one, OSN, it's pretty much predicted. So you will know the exact statistics. Right, because there was more spikes, right? Yeah. So it fit a pattern. It fit a pattern. But that one, it doesn't really fit a pattern. So you can kind of pick that which one has a pattern, which one doesn't have a pattern. So the one doesn't have pattern, it's more risky. That's why it shouldn't be shorting. You just said you have a criteria that something has to fit before you go in. Yes. And what you have to make sure it hits every single green light. Yes. But what is it? Is it a common mistake that somebody goes, okay hit five out of six green lights. I'm still going in. Students always do that. Always do that. They always do that. It's every time I do remind them, please make sure to follow every single criteria before you make a trade. You said your female students tend to wait all the green criteria are hit more than the male students. They're more patient. I feel like maybe not as greedy. Not as greedy as man, yeah. You don't really need to hit a home run every single trade. You can make decent trade about 30 times per year to make about 200 to 300 thousand per year based on a 30 thousand investment. We wanna talk about some of the criticism that people have on the internet. What's one of the main criticisms that people say? I'll say I'm not real. And you know they're saying your profits are fake. Everything's not true, but here it shows exactly how much. So this is literally a statement? A statement per one month. There's my name right here. So it proves it's my statement. Your real name is Dooshio Shan. Yeah, that's my name. So the reason why my name is Steven Dux is that. That's why. So that's my last name. And now. You are tricking people. So now you can see the beginning value of February 28th will be 40 thousand. So I started account with 40 thousand, right? The end of the March 31st value is 292 thousand. So in one month I turned 40 thousand into 292 thousand. This is month I'm showing you that it's possible to turn a small account into a big account in one month. And I'm not even talk about in a year. Where would you rank this as far as like how good you did? Like. This one's probably one of the best. Months I did. Based on how much capital I have. This is when I was placing a bet with my friend. He said, I don't believe you. Show me how you did it. This is another broker that I use. It's called Trade Zero. This is from January 1st to 29th to January 31st, right? Now you can see net profit. So net profit if it goes down will be 243 thousand in one month. My name, that's my account number. So. You should put it out there like that. I mean. So would you say this is generally how a successful sheet would look like? Zeros, gains, losses, more gains than losses. There's always losses. You can't really avoid losses in the market. As long as you win more than you lose. We read a lot of the comments and we were looking for some more criticism. So we found some and some of these are comicals. Some of them are funny comments and some of them are trying to dig deeper and trying to find something. But one of them is like, oh man you must be of the Chinese mafia. I'm not a Chinese mafia, that's number one. Let's say a proof. I have a lot of money at the beginning. But at that statement, it showed I had $40,000 at the beginning and grow to $292,000. So even though I have a lot of money, I don't have the skill to grow that. So you're saying even if you inherited a bunch of money, if that was true, then you can still show people you have the skills, the knowledge and the patience. You're right, you still grew the 40 to 290. To make money. How would you sell programs and why would you try to teach people if you're already rich? So that's a very interesting thing because I started this education service as a good intention because you can see my statements. I can make $200,000 to $300,000 in one month easily. So times the year, it's about $30,000 to $40,000. Two to $30,000 comes to conservatively per year. And when I make this educational program because the first thing that went through at the very beginning of my career, I spent a lot of money. As a broke college student, you don't have that much money as $14,000 but I basically used my tuition for the stock market and I almost haven't had enough to pay my tuition. So I don't want people to go through the same stage that went on a couple years ago. Right, because you went through a rough learning phase where you lost a lot of money. This is BS. These patterns I found on the market scribbled on some pages. No, there are armies of PhD quants looking at you like things like this and the bottom line is simply these patterns don't exist. The kind of day trading he's doing is heavily penalized by the tax system and the brokerage houses. It's corrupt, but that's the game. You not only have to beat the market but beat it by way more than institutional investors to see any real gains if you're day trading. Okay, so institution people that they probably call hedge funds, they have millions of dollars, hundreds of millions of dollars. In this market, when they invest into the specific microcaps, most microcaps were 10 to 10 zero. They would do offerings, warrants and all types of stuff. When they invest, no matter how much money you will get taken out by the company itself. So it's basically they are investing in an empty shell of company. That's why the institution never wants to go into this type of play. For the patterns, you can go track your statistics by yourself. What if someone says, it's not quite that simple because even if Steven makes 50K in a day he's going to get a short term capital gains tax of 38% right off the bat. The tax percentage, yeah, that's about right. There's some way you can deduct the short-borrow fees and the commission fees if you are running an LLC so that percentage will go down a little bit. But yeah, if you just blindly just using the capital gains, that's about right percentage. Every Tom, Dick and Harry sounds like a genius in a bull market, but in a bear market, Tom, Dick and Harry gotta go look for regular jobs. Basically saying like what your tactics and patterns is, it's working because there's a global trend of a bull market, but once it goes bear it's not gonna work anymore. Well for that reference I'm shorting, so the more bearish market it is, I'm making more money. Now for different markets, they say bull market or bearish market, the entire overall market does not have any correlation with the microcaps. I have tracked about 20,000 samples altogether. It does not have any correlation. So let's say the overall market is dropping today about two to 3%, then the microcap stocks can still go up 1000% in a day. There's many scenarios like that happen before. 3.5 million a year from a 19 year old stock kid. Okay, but there's an eight year old showing his toy cars from half eaten Kinder Eggs on YouTube and make it 22 million a year. You gotta wonder who the real brainchild is. The stock kid, which is you, or the Kinder Egg kid. Yeah, there's people make a lot more money than me, but there's one thing I always had an advantage. I typically spend about 45 minutes every single day, that's it. And again, about three million dollars per year. That's so much financial freedom. I don't know, I do see a lot of haters at the beginning before I post my account statements and showing my like the audited statements and a lot of people are doubting, I understand that because people are like out of the industry, they're older than me, they're 30, 40 years old, and they see a 19 year old and doing better performances. It's really like, because they don't want to see you do it. Because they don't want to believe that they could have done it and they didn't. When you look at the people who are better than you, like before I started, there's one guy I'm really look up to, now he's one of the best friends. And at that time, I don't see him as like jealous or stuff like that. I look at him like, okay, I need to learn what he's telling me, I need to learn the message. And if you don't try to learn and try to hate, you will never become better, like that's just the fact. I feel like the way you're talking about it, man, it's no different than the way like Kobe approaches basketball. Kobe tries to learn the post moves from Akema Lajuan. He tries to learn some dribble moves from Chris Paul. He's really trying to build himself to be the best, you know. Different people have different talents, just be, what's the word, modest, there you go. Modest in- And willing to learn, but people who are better than you. Doesn't matter about the age, doesn't matter about where you're coming from. What was the first thing you bought with all the money that you made? Right off the bat, when I bought a McLaren, when I made my like first, I think it was the first million. Then after that, I bought a Ferrari, a Ferrari E8. And after that, I'm thinking buying another, the goal I want to buy is like a Koenigsegg. Eventually, I want to go into the energy sector. I want to build like free energies, go back to the engineering stuff. Oh, you want to go back to the engineering? Yeah, it's because at first, well, first it was the bro club, second is I have creative minds. Like I want to build something that I don't have enough funds to build. So after that, I will have enough funds I can build them all I want. You want to go back to your first dream of even in China that you told us that story where you said, hey, you were telling your teacher, what if we did this? That would be more efficient. And she said, no, Steven, don't think like that. That's silly. And then you said, okay, let me make millions of dollars. Then I'm gonna come back to this idea. I don't really care about my legacy. I just want to, I care about like, how many people I can help and what I can do to this world when I like build stuff to benefit the world. The first minute I do get that like buying stuff is very fun and stuff like that. But once you had, what's the difference between let's say a $500,000 car and a million dollar car? Yes, there's a difference, but eventually it just comes down into showing off and as a driving tool. That stuff is like, it's fleeting. You get that feeling, but then that burst is gone. Yeah, that instant, it won't last over like six months. One thing I've noticed from me is that the people who are really successful and almost have this outlier tier of success, it's never those trappings that incentivize them because it can't, it can keep somebody going for a little while, a year, two years, three years, four years, five years. But once you get to a certain level, you gotta have something else that's fueling you. Where can people find out more about this? Because I had an amazing time even just researching this video. You can find out my website, it's stevendupsy.com and there's different tiers you can choose. If you are not feeling comfortable, you can choose whatever tiers you want. But if you want to really like dive into the market and starting with a small amount of money, then there's other programs you can choose. I like about Steven is like, did you just give it away? Yeah, I've been transparent. I don't really try to hide something. He is giving stuff away for free. Even though I give away for my account statements. He actually showed you his account number. You still will have to put it in the work yourself, right? Yeah, you still have to put it in the work of yourself. Like there's no free stuff that's coming. For me, my biggest takeaway from talking to you is that like you can't enter this world and not know anything about it. Yeah, that doesn't make any sense. You know what it kind of reminds me of? And this is just the analogies from my world what I put my brain into. It's like taking a street ball player off like the court, even though they look good and putting them in the five on five in the NBA where they're running all these complex NBA play actions and sets and they're icing and they're running horns and they got all these complicated plays and the street ball guy is just completely lost. And he's like, dude, I thought basketball is basketball. Wrong. At an NBA level, the play actions are so complex. People are running zones, they're switching schemes, every other play. If you don't know what's going on on the court, you're gonna lose. Yes. Basically, if you want to win in any game, stock game or basketball and not end up like a Mr. Joe dumbass, you've got to increase your IQ and understanding of its inner workings. Steven Dux has a website all about it. You making this amount of money after putting that amount of work and thinking and studying and preparation is not crazy. It's not unbelievable. Put in the work to make it sound easy now after you did all the preparation, figured out the patterns, read all the books, spent money on all those courses first. You know, you went through all that. So that's why I think it's just because you're young, it looks like you haven't been through anything. Yes, correct. You started early. You started early. You went, you struggled early and then you made it out. Yeah, I know it's good to hear that you want to do something else after this. I think some people would think, oh, just keep making money, make 20 million, make 30 million, and then you're like, maybe I will, but maybe I won't. Maybe I want to do something else. Yeah, it's, yeah. Money's not the life goal at the end of the day. I don't know if you ever described your brain as a hard drive, but like I said, everybody kind of has a different brain, right? Some people's hard drives are faster, some are slower, some have bigger capacity, some are, you know, not as big. But at the end of the day, everybody can make decisions as an adult about what they want to fill the terabytes of their hard drive with. What do you want to put in your hard drive? Definitely, if you want more information, check out the description in the link below. Tell us what you think. He addressed the criticism. And you want people to get at you in the comments, right? Yeah, I want people to give me the criticism. Hey, he said, come at me, bro. He said, how many more statements do you need to see? Aren't everybody thank you so much for watching that video, man. We a hop hop, we talked about your background. You talked about how to read the market, how you do things, and you even addressed the criticism that people have for you on the internet. And honestly, to address the criticism on the internet was an honorable thing to do because you don't have to. But anyways, guys, I hope you guys learned something because we learned a lot and I'm sure you guys have a lot of questions. If you guys have comments for Stephen, he'll read them. But thank you so much. Check out his information down below. And until next time, we out. Peace. So talking to Stephen today made me realize a few things. Number one, most people are like us, you know, the 90%. We followed what everyone else was doing and we ended up losing thousands of dollars in crypto. Pretty average human psychology, according to Stephen. We know about a lot of things, but stocks and crypto is not one of them. That's why we are one of those Mr. Joe dumb. Until we're not. And number two, there's still a lot of studying and practice involved in what he does. He's not just teaching you how to get rich. He's teaching you how to fish. And number three, you have to be patient. Wait for an opportunity that fits the pattern. Then make a move. Getting emotional about it is only gonna lead to irrational decisions. You gotta think like a machine. Gotta think like Stephen. So I major in environmental and chemical engineering. And one of my dream of the future is you can see a lot of people in the countries and countries fighting for energies. Never ending. Well, whether it's fossil fuels. No, fuels. If they can solve the energy that was coming from something that can generate tons of energy without costing too much of trying to fight, like countries trying to fight, then that would be my goal. To see that people not be fighting. You still play Starcraft? Yeah, still. Real quick, I gotta ask the, you know what, everybody was commenting. They were saying over all the videos you've made over the years on YouTube, your English got progressively better. It's because I'm practicing. Same thing goes to the stock market.