From High-Stakes POKER To 6 Figure DAY TRADING

0:00 welcome to undiscovered Traders I just don't want to really play and do any trades pre market because I just want to spend the time playing poker Andre is a was a six figure trador he's just just just dropped him the rad up if I sit on the table and I don't feel I'm better than the other players why should I be there welcome to undiscovered Traders the podcast that focuses on the charts stats and Edge of

0:26 the latest six figure verified traders who have not been interviewed before today we're talking to no F3 S3 and S7 but by his screen name of course better as Andre and Andre is from R pla Bulgaria Andrew is a was a six figa Trader he's just just just dropped into the radar but we'll we'll cover it in a little bit so welcome to the six fer club we P we P you back out but he's

0:56 also a professional Trader and teacher so we're going to get that in a little while but first Andrea how are you tell us a little bit about yourself hello my name is Andre I am 34 years old and basically I have been betting money for Living the past 13 14 years I haven't really taken any real life job and

1:27 because I started playing poker at 19 years old old and I just found myself to be very successful there so I took that time to develop myself in poker and after some time I just realize that there is some limit in playing poker I mean if you level up through the stakes you reach some point

1:57 in which it's really hard to compound the money or just use your skills and I I found that in trading or at least from the theory I know about trading that this is this limitation is not there I mean you can once you find a real wge you can just compound any wealth you got and just reach a new new highs so this this is my Philosophy

2:30 for Building Wealth if you if you can say so so I'm trying to be a really tight on risk I I don't want to go to zero and I've never been to zero like playing poer like trading so far I mean I I I said struggles in both if I can separate them as professionals but what I've learned is that the only way to

3:01 succeed in something like this is to just work on on yourself I mean you have to do all the hard work by your own and there is nobody who is going to tell you how to do it and how to do it properly because everybody is different different people have different emotions like level of risk some are willing to risk a lot of money and reach like a very very big amount of money in

3:32 a very short span of time that's definitely not me and and and how how much have you made in poker are are you allowed to say is it okay to say roughly a figure let's say that the I don't know maybe mid six viers but it's really done slowly I mean I've never been a poker player who just jump into the state if if you know the basic of pocket like the stakes are doubling up like you're

4:05 playing with $100 on the table next next level you're playing with 200 400 600 1,000 Etc so I just chose to play like mid Stakes there like 200 400 for example and make some money without pushing the boundaries of myself because it really takes a lot of emotion to to manage the to manage the

4:36 draw Downs of course because it's it's the same like trading once you get to used to losing like $5,000 in a in a day then you get used to losing like 10,000 but there is there is just a limit for everyone and by the time I got older and I got a really lovely I just started lering my wrist because now there there are people new

5:07 people like my kids who depend on me and it's not an option for myself to disappoint everyone who who who I really love so I want to really my Approach is to take things really small and build very steady in a steady manner and diversify between still I'm I'm playing poker and thus I I built a

5:39 some a trading approach which can allow me to do that because I I'm in a really different time zone considering the the market USA because now it's like 720 and for example for me it's not an option to to stay up late in night I I cannot really play after hours or I just don't want to really play and do

6:10 any trades premarket because I just want to spend the time playing pocker and make some money there no makes makes full sense I'll let you H screen share and bring up your k for chart we'll take a quick look at it now but I just wanted to ask you what is the most important crate that you need to have as a Trader and a poker player for success is the is the one line trade it's it's definitely the

6:38 discipline I mean once you have the discipline and the courage to never never let Let It Go I mean for me it even because I can say lot in trading I struggled really a lot compared to Poker and I understand it simply because in trading you're like from day one you're playing against all the very good guys I

7:09 mean there plenty of Traders which spent million of dollars researching they all the hedge funds all the institutional Traders and you're just there in this pool which is a really really hard for beginner it's it's I I I can even say that it's impossible to just put any money in trading and start winning money I I don't think that it's possible to do that and just just to say poker in poker

7:40 you're just slowly building levels you're getting higher and higher and you're playing against really bad people at the beginning I mean they just don't know how to how to play poker and and so so it's does the tradings lot harder than than poker definitely yeah it's it's really interesting so what what would be a secret to being disciplined like what do you do that 99% of people can't do that

8:11 makes you disciplined well I I can say that I never give up I mean if you never give up and you believe in the idea that you want to succeed in some no matter it's like poer training or live job the the courage you get from maybe even motivation you can he from not giving up is the the force that

8:43 moves you forward because there there always be moments in which you want to give up because you no longer like it it's very boring it's very it became really stressful for you but not giving up and having the routine like you wake up at some time you do whatever you like in the day and you you just set your mind that after the Market opens you're here you're staying here you're

9:13 doing your job you're doing everything in your powers to to become better yeah most important think in in any aspect I guess yeah 100% agree and 100% understand let's very interesting wisdom very interesting thoughts if you want to bring up your k for stats okay so we have your chart up here I want to ask you about your screen name no

9:43 337 but and more importantly is you never had a draw down you did this is your only trading account cuz he never went red it looks yeah yeah well I do actually have draw Downs because I as a Trader I decided to approach the market totally in a systematic way because I understood that of course everyone has some background in trading and my short background was

10:14 that of course I paid a lot of money to get into some groups to get with some really good Traders and try to work from them but none of them had this systematic I trading approach and all of them were really great Traders but they were discretional Traders and the problem is that no one can teach you about his experience because if you're a very good discretional Trader you you became

10:46 such because you have a lot of experience and also you work a lot on your own so before 2023 because this graph Stars pro I think around about this year 2023 I was like one year in a in a room which tried to introduce like systematic trading but things were really struggling I mean I I went into a like 50 60 70% draw down in which

11:22 just things were bouncing up and down and nothing really happened so I one day I just decided to quit the room and start doing all the research on myself I mean of course I I've seen some methods how to collect data how to how to maybe use data how to have some templates for U for analyzing data and so on and I decided to start building all this process on my own I

11:54 call it process because once you go through all the process I mean collecting the data analyzing the data using the data and really finding the edge all the Traders are talking about I think that a lot of beginners like to actually see what what an edge is because I've seen it in poker for like 13 years and if I sit on the

12:24 table and I don't feel like I'm better than the other players why I be there so in trading it's exactly the same if you if you cannot say why are you better or why what are you doing better than others then it's impossible for you to have an ed everything is just maybe dreamy and you can you can just hit a few good traes and become like very selfish that everything is working just to go to zero after that I guess

12:55 this is the this is the story for a lot of beginning Traders so the graph goes on the right side of course I I think the this was the really the thing that helped me push like this Milestone six figures to just do all the work on myself I mean I I I was literally like six months and yeah at more I was doing everything on

13:28 my own I I mean before that I had for example a friend who would I would ask him to pull me some data to pull me some information I can work on because I I wasn't really good in just collecting data for example because I knew like exactly a zero about Python and she she was pulling data sending to me of course and nothing

13:58 really worked that way because once I started started literally seeing how the data counts it's it's just not secret I can say that I'm using python I'm writing like code in Python and using polygon if if it's it's pronounced this way so it's it's like all the all the very little things you can seen

14:29 that like I I can say something like when when a stock is Haled nowadays you have to see how the data comes from there because because there there are no bars which are printing so you can you have to adjust a lot of strategy B based on that what if you have a trading s signal which is just before the the H and you actually the stock opens to 100% higher I mean there

15:00 are recent examples about this so you have to be you have to really know how to collect data I mean how to use it and you have to do this on your own so that's the only way you can get deeper and deeper and understand everything about about what you want I mean how to you have to you have to connect like your your data or the things you're

15:32 collecting with the trading approach you want if if you say so because like this graph I'm I'm literally trading like for 3 hours maximum per day it's like 4:30 to to 7 and and I I guess that's that's the the basics and into like achieving such a graph I mean this graph is done like not not by observing the the market

16:05 for the whole day all the work is done like premarket I I've spent like at least three to four months because I I I was really angry that the trading was not working for me and I had to figure how so I started collecting all kind of data I started writing all my trades I started using as I said python with polygon I started pulling all kind of data where I'm going out where

16:36 I'm going in and all all this I I it's not crazy stuff but you have to analiz every aspect of your process so my simple process is that I just want to to exploit some inefficiency about the market and most of the time if you go through my trades they are just just the the symbol

17:06 stocks that that have gone like that made some some parabolic movement so I'm not interested in a lot for now like in multi-day Runners I'm not interested interested about in like something that goes only 30% up or 40% up and this you have to just constantly constantly work on on the

17:39 process just to improve every aspect of it you you just cannot give up on anything iing from the entry to the exit you have to check if it's if it allign with your strategy because like my strategy is building Excel so so I have to be really sure that I'm really taking the trade in the right point and exting at the same point I have back test yeah and I just wanted to add

18:13 something that it's really not useful to at this point to listen to other people because everyone has a different strategy and of course I mean I'm not saying here my strategy is super good or anything just there things that you cannot Implement in your strategy let's say all the people say you have to cut your position before late late day squeezes or something like this and I'm not doing this why because I'm

18:44 not not in front of the computer I don't want to spend this time in front of the computer just waiting to see how the action develops and this is the graph you see I mean this is purely systematic and I'm doing I'm doing only the things I've I've back tested anything that is outside of my back my back test is really it's really out I mean I just don't don't do it and I I found that

19:15 this is this is a way to start I like making money if I say so because I'm really in the beginning of my trading Journey or at least I I accept it as well because this is really like a year or and nine months I guess something like this and most of the people I see in Twitter they have traded for like six years 10 years and so on so you have

19:47 to just find an edge understand what really an edge is and just make sure you're you're doing you're doing it the same way you discovered it you you cannot bypass any any aspects I mean in I'm training obviously if you if you look through my trades I'm trading only small cups so in small cups if you're emotional like I got some graphs I will show later but if you're

20:18 emotional you would really do bad because the whole Market I I've just I've seen in my eyes like moves in in some kind of traps and the ranges that are that are created make are really easy to force you to make a mistake I mean this is I think this is the biggest St in small cups that people are just falling for for

20:50 any for any rapid price movements and they're making mistakes for that and I can say that I think that I'm exploiting this by by my strategy sounds very good I'm really curious to get into some charts as well if you want to pull up one or two charts if there's anything give away any tips for for beginners looking forward to seeing what what you've got here and a a little bit of a deeper dive into and how you're

21:18 making this 100K okay I I will go like in in the process of my whole strategy with very few graphs because it's very easy to explain why I'm doing this in the way I do it and in in all the graphs you would see it's like a stock is just going parol it for some time so I can pinpoint of

21:48 course some of the just a second I just want to share something I've seen and why why I'm trying to Michel strategy is trying to avoid it so let's say we we break down the the price movement of this is Du and it was like I think three or four maybe five six days ago when the stock recently started moving so what what do you

22:20 get like for act so there is literally I think a lot of guys are making a mistake I mean if you're not winning Marine because the guys who are winning Marine they know what to do but when when a stock is going up so so rapidly so there are a lot of pullbacks like this one this one this one of course like this one and so on in which I mean no matter I found

22:50 that no matter what strategy you build let's say you build a strategy that you want to enter after the like the last five bu Wes are are broken down let's say you want to enter here there all be always be examples in which they will just rep it higher to like maybe stop you here and there will always be examples in which the stock does this so so it's it's just like

23:21 let's say this is a trap I mean of course this is like a short shop because they they're they're booking shorts like here like here and they set some level or maybe there is some daily level I I don't really care I mean I'm I'm using literally zero daily levels and zero indicators I mean I I just don't use any indicators in my in my strategy so the whole market lookes like this is what what can

23:54 this is for example a bull trap it's like the stock is breaking down it it instantly goes down so no matter in which site you play either you play long or short let's say this is the fake out this is the the moment they trap another short because some somebody has this setup in which the stock is building lower walls and it it breaks down so they are stopping Longs Longs are starting to be interested

24:25 because the stock is going higher so what happens next the stock go down so everything in my eyes just just moves in traps so after I've I've seen so many drafts I mean I spent at least like maybe a month or so looking at all the IPO it's very easy to just P all the days in which some stock have ripped higher so the conclusion I came to was I don't want to par participate in any of

24:57 them I mean I'm not just if you see the timeline this is the this is the time I really get get get out of the room I'm trading I mean I I just cannot follow any action after that and even even here at 12 I'm just not really following following action so I'm not here just to watch what the does what does the stock does here so it it does something like double top and it starts

25:28 pay tring and someone will say okay it's breaking down some trend line and whatever so I find a way I found a way to just enter any anywhere I mean just it's it's best to use the first many Traders might say that it's the the front side but you never know where where the front side is because what if the stock comes here and

25:58 breakdowns so you you never know where where the front side ends so after seeing the chart for the daily it's very easy for some some Trader to say okay this was the front side why are you shorting here why are shorting here why short shorting here or even here or even here it's it's because it's a system trade for me it's somewhere there in my Excel file and I've seen that this this short has an H okay of course there will

26:30 be stocks which will be going higher there will be stocks which I literally top tick and they die like 50% so I just I just approach trading in this sty I just don't want to do anything about short traps long traps or I don't want to cut any of my position because the stock is going high and this is really a hard part of trading because recently I've been of course

27:02 as you as you saw that I've dropped below six years and I hit some draw down and it it is no surprise because on in September we had we had a lot of Runners like some some stocks are closing 200 300% above the previous day calls so there there is nothing I want to do about it the only thing think I want to make sure is that I don't my account doesn't go to zero and I manage the risk

27:34 for example the September was the worst one since I started trading these Mo ups and it ended being only 10% draw out for myself so I think I I mean at least I found this good for for myself of course so so so just looking at the strategy it's really really interesting so obviously shorten shorten small caps you shorten parabolic moves on on small caps you have any other without giving too much away

28:04 because I don't want you to give your strategy away completely this is just to help others learn but do you have any other indicators such as you don't have any indicators I know but are you looking at Daily are you looking at float are you looking at news are you looking at hot sectors are you looking at institutional ownership ra yeah I can say few words about this and I never look about news the only the

28:27 only way I would consider any news it's only if stock is merging or it's some accusation or some murger type of of trade and this is only for gappers I mean there there are very few examples in which stock goes parabolic up upwards and after that there is some news that the stock is gting getting bought from some I don't know institution or whatever so I

28:58 focusing literally zero on any news and believe me before that before I started being consistant I would I would really go and read the news because at some point you're just curious let's say you want to just see what the news is that the stock is going up is going up and at this moment I was in the group I was tell telling you about that they also get

29:28 this systematic approach and after that I see few guys right in this court and say oh oh gosh this is so good news this this thing is going 100 300 500% up this cannot be stopped this this is the best news any stop is having the sector is so hot it's like China it's marijuana or whatever you want you want just this is this is something that but I cannot really say you can back

30:00 test in time I mean okay you I'm pulling obviously I'm pulling stocks which made parabolic movement of let's say 40 50 60 and above movement about 40% for example and I never analyze any news so why should I include this news in my process it doesn't make sense no it breaks the process the process doesn't work because you're not following the back you're not following the back Des news so you're going forward T the news it doesn't doesn't

30:31 work like that I mean so I mean are you in terms of risk are you putting a hard stop in there cuz I'm me see you've got an execution you know that you're putting a stop in based on your systematic formula it's like 20% 60% away could be a wi stop could be a close stop but are you putting the Stop and walking away or I can say for stops that I think this is the maybe biggest stage I can I

30:55 can just pull out and if you're trying to play small cops with the small stops and the small stop is like 20 to 40% it would be I don't think it would work for yourself because I was as I was showing you just enter here to get stop out here you just enter here but you don't make enough money to the to the close or even up to up to here you just can't make for the max walls

31:25 you already taken so the way I I really spent time thinking how to approach this was that I I really want to be in the in the most possible way in the move until the market closes I I think this is the sentence which which is the the break the Breakthrough about the strategy and this is by only by doing really white stops I mean I know that I don't think anyone does

31:58 this I'm really sure but if you enter here what what does your stop has to be so that you're not stopped here or whatever so it's going to be like 50% at least what about if you enter a open let's say this was a a gaer so your stop has to be how much 120 yeah okay so so you go through all the data you you're having and you want to make sure that you're in the mall you

32:30 don't want to fall for any of the traps you don't want to fall for like okay this stock is riing another 1 1,000% higher or this stock is like making too many short traps so I just want to want it or whatever my my bias is never changed I mean I'm playing all short I never never really play anyone and as I said I'm just doing only the things I back tested I can also

33:01 stress few few points out because the market really I think it changed this year and what worked really good in 2023 was to enter with the whole size in in let's say the first spot possible let's say you you will figure out some kind of pite as I said you just short something like here or whatever I mean this this stock is obviously

33:31 it had some I don't know I mean this is the type of action you will constantly see in in h smoke CS some Traders will think this is exhaustion because the stock pull out a lot of volume on one minut chart also it closed it closed lower it created some weak so this is like a weak pattern or something some other Traders might draw some I don't know maybe trend

34:02 lines and see that the the stock is closing below them like here so the stock is falling below the trend line and they just say okay this is going down and start and let's say they exit here because they're risking this high and just just to get stop and like was maybe 20% but in the end what what would have have happened they would have won like 10% okay so this is one to two so

34:35 this is what I do in like 13 years I just bet money with some OD and I I accept this S I accept the outcome and I just I just want to be in the whole time because this is this is the process and this is the thing I back tested and this is The Edge I I can see in is small CS I think that's perfect and I think we we'll close up there I think

35:03 you've given more than enough volume more than enough a way to help a lot of people on the next steps H the only one thing that I would say is if you got to do a strategy like this with a white stop make sure you use the appropriate size for that stop and make sure you can take the stop because it's not easy to take a 60% stop because you're like it's up so much it's up even more but

35:23 make sure this guy can take the stop make sure you can take the stop but you have any final tips any any words of wisdom to close out yeah I will show you like the implementation of what I'm talking about and I randomly F this because I really don't take the I mean I don't analy the data in the screenshots but I just write everything in Excel but you can see that the sound stock opened it it is prtg

35:54 so it opened it was I think it was some high goer so I just Center in few sizes I never really got stuff out so I waited till the whole move fed as I covered and here you can see like I started entering near the open of what is this VI or yeah yeah I'm not really good in reading the stock names so you can see that here if if this is not mistake

36:26 because sometimes I would try to enter right before the trigger I mean the trigger I call the the trade I want to enter but let's say I enter five seconds earlier just to just to see because I I'm thinking that it would be valid for myself I mean it would be the the one not the zero and it it turns out that it's very slightly negative for some reasons for some of my obvious

36:58 for my Approach and I I might cut it but here you can see the these are definitely some Max stops so you can see literally a maxtop at the top so I can I can do anything about it I mean it just stops me out and and that's it I accept the outcom when when I first entered I accept the outcome that I'm either getting stop for I'm covering with the date BS I me this is I I

37:29 don't really think I can share anything outside I mean the whole process you can see that is it is developed based on this so this is something I would consider a good execution for myself I mean I had volid trades later like on the like a week after that I might I would go through the after I pull all the trades I had mean I pull the data I would go and see if I made any mistake

38:02 because when I'm having like 10 12 trades in this in this example I might I might miss something or might I might as as you see I might make a mistake and enter to Le just to see that the trade is is isn't valid any longer for myself so I would I would make sure that anything I got in in my database is is exactly

38:34 the same I'm executing this is very important because I want to be I want to be perfectly sure that this is this is The Edge I want to apply to the market so I got one more rph and I mean it just it just points exactly all the things I just said something going up so I just make entries this now yeah yeah this was some gapper I think

39:04 it was the day before it got to like $30 pre market so I just enter my positions all the all the trades I'm I have in my database and just how at the end of dat so something I I actually want to stress about the new Traders and I just just found this post from yesterday of course I I was money on this stock

39:37 because it had a valid trade for myself and although it came down a lot and I was in a profit at some point I took the loss because it closed near the highs but the thing I I think people were just ping about is that the get rich quick topic I mean they they see this and they they see opportunities like to invest

40:09 10,000 and get to like 10 million in one trade or something like this and I don't think this would really work for anyone I mean the the AG is not created in this way all the all the all the H just stocks with time so we have to be really patient you have to really take only the the things you know are working never really take I mean I I literally have zero discretion traes in

40:42 like the the past two years I think need it's either it's either about it or not and I I guess the people's psychology is built this way because they're they're just seeing opportunities but they don't know how to sa them and they just fall in the into the market trap I guess this is most of the beginners mistake that makes sense yeah that's

41:14 what I said earlier that I'm really tight and on risk and I mean I I I think that I would get a lot of criticism about the the charts you saw earlier but I know why they're working and if people make deep enough calculations how to how to approach all the entries I have they will understand also what what what is the edge because it it just looks like I'm average averaging indefinitely like

41:46 if the stock goes up to $100 I would still be entering in it and this is not true this is this is definitely not true makes both sense f appreciate your time I fully appreciate the value I think it's looks like a fantastic setup and you've obviously executing it with data behind you and the most important thing is the risk so great job I hope to get you back on at half a million hope to get you back on at a

42:12 million is any any final any final thing you might want to pass on any final tip in new Traders and then we'll close those well I I would say only to traders who are really string reserve your capital and do not trade unless you understand where you got an edge just I don't see a point make it it's just like playing roulette I mean you know that the casino wins from it but you're just doing it because

42:44 you're either impatient or something like this you're you you just want to win a lot of money in short span of time it just doesn't work this way and my method in like trade I think I think it can it proves my thinking oh look and that that's that's good advice from a six biger poker player and a six biger trainer thank you very much for your time and we we'll we'll catch up again soon