write 20 words summary based on this youtube script without saying in this videoThis is is Takeshi kotegawa Kote..a.ga..wa. I think that s how you pronounce it. He is one of the most famous intra day traders on the stock market who made millions of dollars in the early 2000 s. To be specific he traded from just $13,000 to 153 million dollars. Yes, you heard me right. 153 million. Which if you do the math, is a 11,700% gain. And what s even crazier, he did all of this in the span of just 8 years. That s fn insane. How did he find the stocks to enter in? Did he use specific indicators? What strategy did he use? Well I scavenged the internet for days looking for those answers. Days. Annnnnnd I found some secret site releasing his exact strategy. And I gotta say, its pretty smart. Since im the awesome youtuber I am, Im gonna share it with you. For absolutely free. Let s get straight to it. Now I recently released a video, like this, about Larry Williams (who is also a professional trader) and I went over how he made his millions in trading as well. And you guys loved it. I think im gonna make this whole go over million dollar traders strategies video a series. Because, I think that s one of the easiest ways to become successful at trading, is by learning from people who actually were successful at it. Makes sense. So im kinda excited about this. I think we can learn a lotfrom videos like this. So to understand Takeshi s strategy, we first have to understand what type of trader he was. Takeshi had specific conditions he was looking for when trying to find stocks to enter in. He was mainly looking for stocks that were in a long term down trend and his goal was To try to find the bottom of that downtrend, to then profit from a short term reversal. Now as you may know, finding the bottom of a trend is a lot easier said than done. Actually, its pretty hard. But with the help of his secret strategy, its raises the odds a ton of you finding the exact reversal point. So knowing that Takeshi liked downtrends, he really liked bear markets. As he stated in a an interview, bear markets present the most opportunities. But he also traded in bull markets as well, he just fine tuned his strategy to whatever the current market sentiment was. Which we ll go over how to do that in a little bit. But he mainly preferred bear markets. Now in the articles I read, Takeshi on average, was in his trades for around 2-6 days. But often times, he would hold his position for a week or two depending on the conditions of the market and how volatile it was. But what conditions was he specially looking for? Well Takeshi actually said this in a interview himself In the bear market of 2001 and 2002, I would only look at stocks at least 20% below the 25 day moving average. 35% being a somewhat safe level to buy at. The price would then surge at which point I d close the position at a profit. And he says this cycle would continuously repeat the process where he would then repeat the strategy. But he also said there is a slight problem with this whole concept. Not all stocks are going to react the same. And the sensitivity of the rebound levels greatly depend on multiple factors like market sentiment and the sector your trading in. For example a stock is way less likely to bounce at a key level if that day the market is insanely red and everything is dropping. It also depends on the sector. For example, stocks in the tech and biotech sectors are much more volatile than say Stocks in the utilities sector which are a lot less volatile and don t move as much So he said a big part of his strategy was finding the right moving average threshold for specific conditions. For example, you would have a bigger gap on tech companies and a smaller gap on utility companies. So with this strategy, there is not a one size fits all . There requires a bit of judgment from the trader. To help you out a bit, I did some research of my own and ranked the most volatile sectors to the least volatile sectors. Consumer and tech being the most volatile. And materials and energy being the least volatile. So just keep that in mind when using this strategy. So now that we all of the conditions for using this strategy, let s move onto how to find the stocks themselves But first Let me show you a site called, hankotrade ever heard of it. They are forex and crypto broker that have extremely low spreads and low commissions. Some of the best on the market. Which, who doesn t like saving money on commissions. They also have an extremely friendly support team. Who will answer any type of question you have. And the best part. They are running a special promo where if you sign up with the link in my description. They will match whatever you first deposit. So if you put in $100 they will match that and give you $100. Sign up with my link and make use of that special promo. It s free money. Alright, so how do we find the stocks themselves. Now Takeshi didn t really explain this part, but I myself found a great way to do this. We re going to need to go on tradingview. I ll leave a link in my description. We are going to be using tradingviews stock screener. I think you need tradingview pro in order to use this, but if you don t have that or don t feel like paying for it there are some free scanners out there you can use instead. But we ll be using tradingview for this example. Once your on the screener. Change the timeframe to 4hrs. Go to the settings. Make sure we are only looking at common stock, these exchanges, price change % is below -20, price is above $1, mark current trading day, and price below the 20 ema by 20%. You can also filter out specific sectors if you want to trade stocks in a specific sector. This will give you a full list of stocks in our criteria. Now, Takeshi said himself, he liked stocks that were gradually downtrending. No sharp movements. So often times form this biggest losers list, you will see penny stocks that had sharp down movements like this. We want to disregard these stocks. What we are looking for is something like this, where the move is very gradual downwards. Just go through the list and try to find stocks that are gradually moving downwards. Next, we need to figure out the market sentiment. There are multiple ways to do this. But the way I personally do it, is by using my private indicator, tradinglab.ai To do this, open the private indicator. I will also leave a link to that in the description. Now we want the market sentiment of the whole stock market. Not just the stock we are trading. An easy way to do this is by looking at the snp500. To do this go to mt5, type in us500. We then want to get a current long term read on the market. So go to the timeframes, and it make it a higher timeframe like the 4 hour. Once you have done that, check the trend table. It will instantly tell you how the current market is trending. If its green and says strong long, the market is uptrending. If it s red, its downtrending. Remember all of this for later, because we will be using it to optimize the strategy. It s even better if you get the specific sector the stock you re looking at. For example, if you are looking at a company like google. Which is in the tech sector. We would want to see the market sentiment of that specific sector. To do this, just find a tech sector fund. Like xlk. Which is measuring only the tech stocks.…
write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesThis is is Takeshi kotegawa Kote..a.ga..wa. I think that s how you pronounce it. He is one of the most famous intra day traders on the stock market who made millions of dollars in the early 2000 s. To be specific he traded from just $13,000 to 153 million dollars. Yes, you heard me right. 153 million. Which if you do the math, is a 11,700% gain. And what s even crazier, he did all of this in the span of just 8 years. That s fn insane. How did he find the stocks to enter in? Did he use specific indicators? What strategy did he use? Well I scavenged the internet for days looking for those answers. Days. Annnnnnd I found some secret site releasing his exact strategy. And I gotta say, its pretty smart. Since im the awesome youtuber I am, Im gonna share it with you. For absolutely free. Let s get straight to it. Now I recently released a video, like this, about Larry Williams (who is also a professional trader) and I went over how he made his millions in trading as well. And you guys loved it. I think im gonna make this whole go over million dollar traders strategies video a series. Because, I think that s one of the easiest ways to become successful at trading, is by learning from people who actually were successful at it. Makes sense. So im kinda excited about this. I think we can learn a lotfrom videos like this. So to understand Takeshi s strategy, we first have to understand what type of trader he was. Takeshi had specific conditions he was looking for when trying to find stocks to enter in. He was mainly looking for stocks that were in a long term down trend and his goal was To try to find the bottom of that downtrend, to then profit from a short term reversal. Now as you may know, finding the bottom of a trend is a lot easier said than done. Actually, its pretty hard. But with the help of his secret strategy, its raises the odds a ton of you finding the exact reversal point. So knowing that Takeshi liked downtrends, he really liked bear markets. As he stated in a an interview, bear markets present the most opportunities. But he also traded in bull markets as well, he just fine tuned his strategy to whatever the current market sentiment was. Which we ll go over how to do that in a little bit. But he mainly preferred bear markets. Now in the articles I read, Takeshi on average, was in his trades for around 2-6 days. But often times, he would hold his position for a week or two depending on the conditions of the market and how volatile it was. But what conditions was he specially looking for? Well Takeshi actually said this in a interview himself In the bear market of 2001 and 2002, I would only look at stocks at least 20% below the 25 day moving average. 35% being a somewhat safe level to buy at. The price would then surge at which point I d close the position at a profit. And he says this cycle would continuously repeat the process where he would then repeat the strategy. But he also said there is a slight problem with this whole concept. Not all stocks are going to react the same. And the sensitivity of the rebound levels greatly depend on multiple factors like market sentiment and the sector your trading in. For example a stock is way less likely to bounce at a key level if that day the market is insanely red and everything is dropping. It also depends on the sector. For example, stocks in the tech and biotech sectors are much more volatile than say Stocks in the utilities sector which are a lot less volatile and don t move as much So he said a big part of his strategy was finding the right moving average threshold for specific conditions. For example, you would have a bigger gap on tech companies and a smaller gap on utility companies. So with this strategy, there is not a one size fits all . There requires a bit of judgment from the trader. To help you out a bit, I did some research of my own and ranked the most volatile sectors to the least volatile sectors. Consumer and tech being the most volatile. And materials and energy being the least volatile. So just keep that in mind when using this strategy. So now that we all of the conditions for using this strategy, let s move onto how to find the stocks themselves But first Let me show you a site called, hankotrade ever heard of it. They are forex and crypto broker that have extremely low spreads and low commissions. Some of the best on the market. Which, who doesn t like saving money on commissions. They also have an extremely friendly support team. Who will answer any type of question you have. And the best part. They are running a special promo where if you sign up with the link in my description. They will match whatever you first deposit. So if you put in $100 they will match that and give you $100. Sign up with my link and make use of that special promo. It s free money. Alright, so how do we find the stocks themselves. Now Takeshi didn t really explain this part, but I myself found a great way to do this. We re going to need to go on tradingview. I ll leave a link in my description. We are going to be using tradingviews stock screener. I think you need tradingview pro in order to use this, but if you don t have that or don t feel like paying for it there are some free scanners out there you can use instead. But we ll be using tradingview for this example. Once your on the screener. Change the timeframe to 4hrs. Go to the settings. Make sure we are only looking at common stock, these exchanges, price change % is below -20, price is above $1, mark current trading day, and price below the 20 ema by 20%. You can also filter out specific sectors if you want to trade stocks in a specific sector. This will give you a full list of stocks in our criteria. Now, Takeshi said himself, he liked stocks that were gradually downtrending. No sharp movements. So often times form this biggest losers list, you will see penny stocks that had sharp down movements like this. We want to disregard these stocks. What we are looking for is something like this, where the move is very gradual downwards. Just go through the list and try to find stocks that are gradually moving downwards. Next, we need to figure out the market sentiment. There are multiple ways to do this. But the way I personally do it, is by using my private indicator, tradinglab.ai To do this, open the private indicator. I will also leave a link to that in the description. Now we want the market sentiment of the whole stock market. Not just the stock we are trading. An easy way to do this is by looking at the snp500. To do this go to mt5, type in us500. We then want to get a current long term read on the market. So go to the timeframes, and it make it a higher timeframe like the 4 hour. Once you have done that, check the trend table. It will instantly tell you how the current market is trending. If its green and says strong long, the market is uptrending. If it s red, its downtrending. Remember all of this for later, because we will be using it to optimize the strategy. It s even better if you get the specific sector the stock you re looking at. For example, if you are looking at a company like google. Which is in the tech sector. We would want to see the market sentiment of that specific sector. To do this, just find a tech sector fund.…