Post by Victor VVV on Mar 9, 2024 3:43:27 GMT -5
He made 40 million breaking all trading rules
B The Trader
142K subscribers
Jan 8, 2024
Chris Camillo is a great trader who has been verified on many different channels. I was so excited to bring him in because his story is way different then most traders. He doesn't care about price, stop losses, and in fact maybe even likes adding to losers...yeah the exact opposite of what most say or what you might hear. I hope you enjoy today's episode as much as I did making it.
summary by tammy.ai
EN
💰 Revolutionary trader earns millions by defying conventional methods and relying on cultural shifts for investments.
00:00
Trader disregards traditional trading rules and tools, using Google Trends and Tik Tok for investment ideas.
00:00
Predicts a major movie flop before public knowledge, seizing the opportunity to buy stocks in the opposite direction.
00:28
Guest on the show has amassed over $40 million through unconventional trading strategies.
00:42
⚖️ Utilizing search volume data to predict stock movements based on natural disasters.
05:29
Tracking search volume for roof damage to predict stock movements
05:29
Taking leveraged long positions on roofing companies based on search volume data
05:54
Observing increased search volume leading to successful trading decisions
06:01
💼 Recognition of brokerage for day traders and short sellers with emphasis on direct market access and customer service.
10:24
Benzinga awarded Cobra trading as the go-to broker for short selling with focus on order routing and fast execution.
10:24
Offering best locate prices, availability, and exceptional customer service, making it a preferred choice for traders.
10:32
Promotion for signing up includes one free month of software and 25% off commissions, highlighting the benefits of using Cobra trading.
10:54
⏳ Challenges and advantages of trading with delayed and skewed data compared to Wall Street.
15:32
Data must be cleansed, organized, and interpreted before trading.
15:32
Retail traders can beat Wall Street's advantage by getting in front of trades.
15:59
Profound realization about trading strategies compared to Wall Street practices.
16:07
⚖️ Thorough research is crucial for successful trading, surpassing traditional data analysis methods.
20:19
In-depth research involves analyzing thousands of comments and various data sources beyond Wall Street standards.
20:19
Interviewing store clerks and subscribing to web traffic data are part of the extensive research process.
20:53
Accessing diverse sources of information aids in gaining a comprehensive understanding for informed trading decisions.
21:15
⚡ Utilizing community for idea generation and research, enhancing trading success.
25:38
Emphasizing the importance of a broader sense of surfacing change in the world for trading opportunities.
25:38
Community involvement in idea generation and research for trading success.
25:48
Clarification on not selling courses or front running the community for personal gain.
26:03
⏳ Patient approach needed in trading; wait for right conditions like waiting for perfect waves.
30:20
Trading requires waiting for the right conditions, similar to waiting for perfect waves in surfing.
30:20
Being a trader or investor requires letting opportunities come to you instead of forcing them.
30:49
It's okay to go months without making a big trade if the right conditions or shifts in the market don't occur.
31:17
⚖️ Discussion on uncomfortable but necessary actions in trading influenced by successful investor Peter Lynch.
35:17
Trader emphasizes the importance of engaging in uncomfortable actions for success
35:17
Referencing Peter Lynch's similar approach in the 80s as a successful mutual fund manager
35:45
Continuing to follow the methodology despite discomfort, citing the need for such actions
36:07
📈 Understanding diverse perspectives crucial for successful investing.
40:04
Being intune with various demographics' mindset is essential for effective investing.
40:04
Need to think outside the traditional investor mindset to succeed in investing.
40:51
⭐ Insider predicts movie will bomb, but protagonist believes in its success against all odds.
44:56
Protagonist's confidence in movie's success
44:56
Contrasting opinions on movie's potential performance
45:07
Protagonist's foresight proven right as movie succeeds
45:22
⚖️ Trading strategy based on information dissemination, not price movements.
49:42
Decision making unaffected by gains or losses on investments.
49:42
Focus on trading based on anticipated information dissemination rather than stop losses or price movements.
49:56
Exit strategy based on information being disseminated to the world, regardless of stock movement.
50:33
⚖️ Deciphering comments can lead to great insights in trading strategies without formal education.
54:37
Having high conviction and being willing to live with uncertainty are crucial in trading.
54:37
Deciphering comments on trends and shifts can provide valuable insights for investment decisions.
55:05
💼 Failed presentation at a trading company headquarters with no attendees.
59:33
Speaker was hopeful for engagement but only the data team showed up.
59:33
No audience participation despite efforts to share valuable data.
59:58
Apology given by the data team for lack of interest from traders.
💰 Revolutionary trader earns millions by defying conventional methods and relying on cultural shifts for investments.
00:00
Trader disregards traditional trading rules and tools, using Google Trends and Tik Tok for investment ideas.
00:00
Predicts a major movie flop before public knowledge, seizing the opportunity to buy stocks in the opposite direction.
00:28
Guest on the show has amassed over $40 million through unconventional trading strategies.
00:42
⚖️ Utilizing search volume data to predict stock movements based on natural disasters.
05:29
Tracking search volume for roof damage to predict stock movements
05:29
Taking leveraged long positions on roofing companies based on search volume data
05:54
Observing increased search volume leading to successful trading decisions
06:01
💼 Recognition of brokerage for day traders and short sellers with emphasis on direct market access and customer service.
10:24
Benzinga awarded Cobra trading as the go-to broker for short selling with focus on order routing and fast execution.
10:24
Offering best locate prices, availability, and exceptional customer service, making it a preferred choice for traders.
10:32
Promotion for signing up includes one free month of software and 25% off commissions, highlighting the benefits of using Cobra trading.
10:54
⏳ Challenges and advantages of trading with delayed and skewed data compared to Wall Street.
15:32
Data must be cleansed, organized, and interpreted before trading.
15:32
Retail traders can beat Wall Street's advantage by getting in front of trades.
15:59
Profound realization about trading strategies compared to Wall Street practices.
16:07
⚖️ Thorough research is crucial for successful trading, surpassing traditional data analysis methods.
20:19
In-depth research involves analyzing thousands of comments and various data sources beyond Wall Street standards.
20:19
Interviewing store clerks and subscribing to web traffic data are part of the extensive research process.
20:53
Accessing diverse sources of information aids in gaining a comprehensive understanding for informed trading decisions.
21:15
⚡ Utilizing community for idea generation and research, enhancing trading success.
25:38
Emphasizing the importance of a broader sense of surfacing change in the world for trading opportunities.
25:38
Community involvement in idea generation and research for trading success.
25:48
Clarification on not selling courses or front running the community for personal gain.
26:03
⏳ Patient approach needed in trading; wait for right conditions like waiting for perfect waves.
30:20
Trading requires waiting for the right conditions, similar to waiting for perfect waves in surfing.
30:20
Being a trader or investor requires letting opportunities come to you instead of forcing them.
30:49
It's okay to go months without making a big trade if the right conditions or shifts in the market don't occur.
31:17
⚖️ Discussion on uncomfortable but necessary actions in trading influenced by successful investor Peter Lynch.
35:17
Trader emphasizes the importance of engaging in uncomfortable actions for success
35:17
Referencing Peter Lynch's similar approach in the 80s as a successful mutual fund manager
35:45
Continuing to follow the methodology despite discomfort, citing the need for such actions
36:07
📈 Understanding diverse perspectives crucial for successful investing.
40:04
Being intune with various demographics' mindset is essential for effective investing.
40:04
Need to think outside the traditional investor mindset to succeed in investing.
40:51
⭐ Insider predicts movie will bomb, but protagonist believes in its success against all odds.
44:56
Protagonist's confidence in movie's success
44:56
Contrasting opinions on movie's potential performance
45:07
Protagonist's foresight proven right as movie succeeds
45:22
⚖️ Trading strategy based on information dissemination, not price movements.
49:42
Decision making unaffected by gains or losses on investments.
49:42
Focus on trading based on anticipated information dissemination rather than stop losses or price movements.
49:56
Exit strategy based on information being disseminated to the world, regardless of stock movement.
50:33
⚖️ Deciphering comments can lead to great insights in trading strategies without formal education.
54:37
Having high conviction and being willing to live with uncertainty are crucial in trading.
54:37
Deciphering comments on trends and shifts can provide valuable insights for investment decisions.
55:05
💼 Failed presentation at a trading company headquarters with no attendees.
59:33
Speaker was hopeful for engagement but only the data team showed up.
59:33
No audience participation despite efforts to share valuable data.
59:58
Apology given by the data team for lack of interest from traders.