A few BEST secrets from a Master Day Trader (Elliott Wave, Fibonacci)
## Key Secrets Learned: Ted Aguhob’s Mastery in Day Trading and Crypto Markets
Ted Aguhob’s journey in the financial markets offers valuable lessons for traders and investors looking to navigate the complex and often volatile worlds of day trading and cryptocurrencies. His experience provides insights into strategies that maximize profits while managing risks. This article delves into the key secrets Ted Aguhob has learned, focusing on his approaches to day trading, swing trading, and the burgeoning world of cryptocurrencies and non-fungible tokens (NFTs).
### Section 1: Mastering Day Trading
#### 1.1 Capitalizing on Morning Parabolic Moves
The early hours of the trading day, specifically from 9:30 AM to around 10:30 AM ET, are often the most volatile and lucrative for day traders. Ted Aguhob emphasizes the importance of these initial market moves, particularly when stocks exhibit parabolic behavior. Stocks like Tesla (TSLA), known for their high volatility, present excellent opportunities for day traders when they surge over 2% post 10 AM. Ted’s strategy involves making quick trades to capitalize on these violent upside moves, taking advantage of the momentum before the market stabilizes.
#### 1.2 The Power of After-Hours Swing Trading
Ted Aguhob also finds value in swing trading during the end of the trading day, from 3 PM to 4 PM ET, and then selling the next morning between 9:30 AM and 10:30 AM. The extended trading hours from 4 PM to 8 PM can be particularly fruitful, as unexpected news events — like earnings reports or market-moving announcements — can cause significant price shifts. By monitoring the market until around 6 PM to 8 PM, traders can make informed decisions and position themselves for profitable trades the following day.
#### 1.3 Focus on Big Caps and High Volume ETFs
In his trading strategy, Ted Aguhob focuses on big-cap stocks and high-volume exchange-traded funds (ETFs) like TQQQ and UPRO. These instruments offer several advantages, including thin spreads and high liquidity, which are crucial for day traders executing multiple trades. Thin spreads mean that the difference between the bid and ask price is minimal, allowing traders to enter and exit positions without significant cost. By sticking to big caps and high-volume ETFs, Ted minimizes the risks associated with wide spreads and low liquidity.
#### 1.4 The Emotional Pitfall of Shorting
Shorting stocks, or betting that their price will fall, is a common strategy among traders. However, Ted Aguhob avoids shorting altogether, recognizing the psychological and emotional challenges it can present. Short positions can lead to significant stress, especially when stocks experience short squeezes — sharp upward price movements that force short sellers to cover their positions at a loss. By not engaging in shorting, Ted eliminates the emotional burden and potential losses associated with this strategy.
#### 1.5 Leveraging Options on TQQQ and UPRO
Options trading is another area where Ted Aguhob has found success, particularly with options on TQQQ and UPRO. These options often have impressive volumes and relatively thin spreads, especially for contracts with a duration of one week or longer. The absence of commission fees further enhances their appeal. Trading options on these ETFs also serves as a hedge against sudden adverse events affecting individual stocks, providing an additional layer of security.
#### 1.6 Riding the Wave 3s for Impressive Returns
Ted Aguhob’s experience with Wave 3 patterns — a technical analysis concept referring to the third and typically most powerful wave in a stock’s movement — has been particularly profitable. He recounts turning $52 into approximately $8,500 in a single month by focusing on parabolic stocks in bullish Wave 3s. Ted targeted stocks showing significant upward momentum, trading one-week options with values of $5 or higher, and preferably $10 or higher. These stocks, which consistently rise by 5% to 10% each day, offer tremendous profit potential for traders with a lower risk tolerance.
### Section 2: Navigating the Crypto Market
#### 2.1 Prudent Trading in the Crypto World
Ted Aguhob approaches the cryptocurrency market with a focus on established cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). He advises caution with altcoins, especially as of June 17, 2023, when many have seen their values plummet by 90% to 99.9% from their all-time highs. The low volume of many altcoins makes them susceptible to manipulation, leading to substantial losses for traders. Ted’s strategy is to stick with the more stable and widely recognized cryptocurrencies, minimizing risk in this highly volatile market.
#### 2.2 The Rise of NFTs and Topps/Dapper Labs Dominance
As NFTs gained popularity, Ted Aguhob observed that tokens from reputable companies like Topps and Dapper Labs held their value better than others. He cautions against investing in lesser-known NFTs, especially those with low trading volumes. Ted experienced significant losses with NFTs from WAX companies such as Goldmand and NBM, whose values dropped nearly 99.99999% from their highs. For traders looking at NFT investments, sports-related NFTs offer some level of built-in utility and have shown more resilience, especially those featuring popular athletes like Erling Haalands. These types of NFTs, particularly from Topps and WAX, have maintained their value even during broader market downturns.
### Section 3: Conclusion
Ted Aguhob’s insights into day trading, swing trading, and the crypto market provide valuable guidance for traders and investors. His strategies highlight the importance of thorough research, disciplined trading, and the need to adapt to market conditions. Key takeaways from Ted’s experience include:
1. **Capitalizing on Market Timing**: The importance of trading during specific market hours, such as the morning rush and after-hours, can significantly impact profitability. Understanding when to trade is as crucial as knowing what to trade.
2. **Focus on Liquid and High-Volume Instruments**: Sticking to big caps, high-volume ETFs, and well-known cryptocurrencies can reduce risks associated with low liquidity and wide spreads.
3. **Avoiding Emotional Trades**: Steering clear of emotionally charged strategies like shorting can help maintain a clear and focused trading approach.
4. **Leveraging Technical Analysis**: Utilizing tools like Elliott wave patterns can provide insights into potential market movements, helping traders make informed decisions.
5. **Caution in the Crypto and NFT Markets**: The volatility and risk in these markets require careful selection and management. Ted’s focus on established assets and cautious approach to altcoins and NFTs illustrate the importance of risk management.
Ted Aguhob’s journey underscores the importance of continuous learning and adaptation in the ever-changing world of trading and investing. His experiences serve as a roadmap for those looking to navigate the complexities of the financial markets, offering a blend of practical strategies and cautionary tales.
As the financial landscape continues to evolve, staying informed and being proactive are key to achieving long-term success. Whether you’re an aspiring trader or an experienced investor, the lessons shared by Ted Aguhob can help guide you towards a more prosperous and informed trading journey. With dedication and a strategic approach, the world of trading and investing can offer significant rewards and opportunities for those willing to put in the effort to understand and navigate it.
