Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (2024)

Posted by: Wesley Nolan on June 10, 2017 Under: Millionaire Stock Traders |

Who Is Modern Rock? Learn how he uses a simple ‘first red day pattern’ to make money trading stocks.

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Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move

He started from nothing and became a multimillionaire…

He’s now one of the most sought-after trading experts…

Yet he operates 858 miles from Wall Street.

And now, he’s revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.

>>SEE THE PROOF HERE<<

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Today, I wanted to introduce you to the millionaire trader known as Modern Rock.

His real name is Bao (aka Modern Rock trader extraordinaire) and he is quite famous and respected in the world of stock trading on Twitter.

Bao Nguyen has been a daytrader for more than two decades! He made the majority of his money trading OTC.

He is known on Twitter as Bao Modern Rock. One reason for his fame is that Bao Modern Rock banked $1.5 million in May 2013 on a trade of $FNMA.

He loves to give back to the trading community with free resources (The Trading Fish), commentary and advice.

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You can also watch a full interview with Nathan Bear discussing the Profit Surge Trader systemhere.

*******************************************

Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move

He started from nothing and became a multimillionaire…

He’s now one of the most sought-after trading experts…

Yet he operates 858 miles from Wall Street.

And now, he’s revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.

>>SEE THE PROOF HERE<<

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Modern Rock Investors Underground Chatroom

Bao Modern Rock also use to share his trading advice in the Investors Underground chatroom (check out my IU review here).

Modern Rock now has his own site called My Investing Club.

Investors Underground is a world-class chatroom, alerts and educational service.

If you want to learn some free day trading strategies, just click on the banner below and sign-up. Nathan Michaud is the head trader at Investors Underground and he is one of the best day traders in the world.

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (4)

LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!

>> CLICK HERE TO LEARN MORE! <<

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (5)

Limited Time Deal to Purchase Nate Bear’s Profit Surge TraderASAP HERE

You can also watch a full interview with Nathan Bear discussing the Profit Surge Trader systemhere.

*******************************************

Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move

He started from nothing and became a multimillionaire…

He’s now one of the most sought-after trading experts…

Yet he operates 858 miles from Wall Street.

And now, he’s revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.

>>SEE THE PROOF HERE<<

*****************************************

Nathan Michaud Net Worth

Nathan Michaud runs the Investors Underground chatroom where Modern Rock used to share trading ideas. What is Nathan Michaud net worth?

Nathan Michaud’s net worth is not known exactly. I think it is safe to say he is a multi-millionaire from his years of trading and teaching others his day trading strategies.

Anyway, would it really matter what Nathan Michaud’s net worth is?

People always seem to be interested in stock traders net worth, but it is not that relevant if you are just trying to learn a good trading strategy.

So, let’s forget about what Nathan Michaud’s net worth is and focus on building our own!

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (7)

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Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (8)

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Modern_Rock on Twitter

Modern Rock uses the handle Modern_Rock on Twitter. If you get the chance make sure to follow Modern_Rock on the Twitter platform to get some great free stock tips.

Modern_Rock is a bit controversial on Twitter – so just be prepared for that if you are going to follow him!

You can access some of these free materials HERE. Modern Rock is one of my favorite millionaire traders to follow on twitter because he is not selling anything and is very candid with his advice and trading thoughts.

Modern Rock Trader

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (9)

LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!

>> CLICK HERE TO LEARN MORE! <<

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (10)

How Modern Rock Started Trading Stocks

Modern Rock started his professional life as an engineer (I am in science and engineering as well!).

His story is one of struggle and overcoming adversity – I love his mindset as he discusses in the podcast below (I highly recommend listening to it in full).

Bao attended U.C Davis and earned a degree in engineering. He got job as an engineer in the silicon valley area, but began day trading on the side.

He discusses this transition from part-time to full-time day trading in the podcast. I love the part in the interview where he tells about how ‘putting his back to the wall’ enabled him to take his trading to a whole new level.

Until he did this, he was a very risky trader – often making thousands of dollars but losing thousands on the next trade.

In 2000, Modern Rock moved to New York City to focus exclusively on his day trading career. He has always had a strong focus on penny stocks.

Limited Time Deal to Purchase Nate Bear’s Profit Surge TraderASAP HERE

You can also watch a full interview with Nathan Bear discussing the Profit Surge Trader systemhere.

*******************************************

Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move

He started from nothing and became a multimillionaire…

He’s now one of the most sought-after trading experts…

Yet he operates 858 miles from Wall Street.

And now, he’s revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.

>>SEE THE PROOF HERE<<

*****************************************

Bullseye Trades: Best Alerts Service

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (12)

Every Mondayat the market open, Jeff sends you his weeklyBullseye Trade.

2022hasbeenAMAZINGforthese Bullseye Trades!

(+50%to300%perweek in my experience)

Click here to learn more!

Chart Patterns That Made Modern Rock Millions of Dollars

Modern Rock has focused on 3 main strategies for building his stock trading wealth.

Before we jump in and go through the strategies, I want to emphasize that his real strength is his millionaire mindset.

Check out the quote below from his twitter feed! You can follow the Modern Rock Trader on Twitter; his user name is @Modern_Rock.

You can’t deposit Excuses! pic.twitter.com/DlD1Z9roaq

— Modern_Rock (@modern_rock) June 7, 2017

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (13)

Modern Rock Trading Patterns

Pattern #1: First Red Day Pattern

After a stock has had 3 green days, Bao will look for the first red day to start a short position. This will be closely monitored intra-day to look for the likely probability of a short trade.

This pattern is quite well-known by short biased professional traders such as Timothy Sykes. The first red day pattern has a high probability of success.

Bullseye Trades: Best Alerts Service

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (14)

Every Mondayat the market open, Jeff sends you his weeklyBullseye Trade.

2022 has been AMAZING for these Bullseye Trades!

(+50% to 300% per week in my experience)

Click here to learn more!

Pattern #2: Red-to-Green move or Green-to-Red

Bao knows that when a stock reverses its intra-day trend by crossing above or below its opening price, many scanners light up. This leads to many new traders entering the stock and driving the volume and price in the direction of the new trend.

LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!

>> CLICK HERE TO LEARN MORE! <<

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (15)

Pattern #3: Triple Top or Triple Bottom

Many swing traders use these patterns, but Bao uses them intra-day. Again, these are high probability patterns that can make you a lot of money if you trade them correctly. For more information on these types of day trades please check out the extra details here.

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (16)

Modern Rock trading rules

The Modern Rock trading rules are quite simple but he follows them religiously. Here are the top three Modern Rock trading rules that you can use to improve your own trading.

1. Do NOT fight the trend of a stock. You will lose.

2. Cut your losses quickly. If you are wrong you can always buy back in when the pattern continues.

3. Three green days in a row tend to be the maximum that a stock will rise before a pull back occurs. Take profits before this happens unless you are ok with a pull back.

These Modern Rock trading rules might sound simple but you would be surprised at how many traders ignore them and lose money.

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (17)

Follow the Modern Rock trading rules!

Conclusion – Modern Rock Trader Extraordinaire!

Modern Rock is an amazing day trader. Even if you disagree with his tweets, I think you can learn a lot from him, his trades and excellent mindset. He has had amazing success trading simple chart patterns (my favorite is the first red day pattern).

If you enjoyed this short article, please help me out by sharing it on social media using the buttons below!

Thanks,

Wesley.

Bullseye Trades: Best Alerts Service

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (18)

Every Mondayat the market open, Jeff sends you his weeklyBullseye Trade.

2022hasbeenAMAZINGforthese Bullseye Trades!

(+50%to300%perweek in my experience)

Click here to learn more!

Related Resources

Investors Underground Review – Read More

Andrew Aziz Bearbulltraders Review

Don Kaufman TheoTrade Review

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (19)Modern Rocks first red day pattern works so well for short sellers!

Modern Rock trader IS a REAL and successful stock trader! Follow Modern_Rock on twitter to see some of his trading ideas! If you learn just one stock trading pattern from him – focus on the first red day pattern, it has the highest probability of success.

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (20)

Modern Rock Millionaire Trader or Scam Artist? - StockMillionaires.com (2024)

FAQs

Can you become a millionaire off day trading? ›

It is possible, but it is going to take a lot of time and discipline to build a small account into something that can produce a living. If you want to make some money on the side, you'll still need the same dedication, putting in many months to refine a method and overcoming sabotaging tendencies.

Can I make millions from trading? ›

There is often a question asked by many people, how much one can earn in stock market in India or how much money can you make from stocks in a month? Well, there is no limit to how much you can make from stocks in a month. The money you can make by trading can run into thousands, lakhs, or even higher.

Are there day trading billionaires? ›

The top billionaire day traders, like Jim Simmons, Ken Griffin, and George Soros, have different ways of trading, but they all use a mix of technical analysis, fundamental analysis, and risk management to make their choices.

Are there millionaire traders? ›

Yes. Traders can become wealthy from their own trades and even by using someone else's money. There are so many successful traders who have been successful in trade and have even acquired loans to finance their trading activities and have made them successfully.

Can you make $200 a day day trading? ›

A common approach for new day traders is to start with a goal of $200 per day and work up to $800-$1000 over time. Small winners are better than home runs because it forces you to stay on your plan and use discipline. Sure, you'll hit a big winner every now and then, but consistency is the real key to day trading.

How much money do day traders with $10,000 accounts make per day on average? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

How much money do I need to make $1000 a day trading? ›

In order to make $1,000 in a day on a stock that increases 10% in a day, you would have to invest $10,000 in that stock. If you wanted to trade on margin, you could invest a little more than $5,000 and still make $1,000 on that trade.

How much money do I need to invest to make $3,000 a month? ›

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

Which type of trading is most profitable? ›

The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.

What was George Soros' trading strategy? ›

Soros emphasizes strategic risk-taking with highly leveraged bets grounded in a global macroeconomic analysis, and he maintains the flexibility to adapt investment decisions based on changing market information.

Who is the most profitable day trader ever? ›

Steve Cohen is arguably the most profitable hedge fund trader ever. His SAC Capital returned 30% annually for more than 20 years since its inception in 1992, making Cohen a billionaire.

Who is the richest option trader? ›

Top 10 Richest Binary Option Traders in the world
  • Quotex - Estimated Net Worth: $500 million.
  • Olymp Trade - Estimated Net Worth: $450 million.
  • Deriv - Estimated Net Worth: $400 million.
  • Binomo - Estimated Net Worth: $350 million.
  • Pocket Option - Estimated Net Worth: $300 million.
May 10, 2024

Does anyone get rich by trading? ›

While this is quite difficult to achieve, it is definitely not impossible. There have been many cases in the modern world where investors have become rich through their investments in stock markets. Let us take a look at how investors can make the most of stock markets to become rich through long-term wealth creation.

Which trading is best for beginners? ›

Overview: Swing trading is an excellent starting point for beginners. It strikes a balance between the fast-paced day trading and long-term investing.

How many day traders get rich? ›

Conclusion: Approximately 1–20% of day traders actually profit from their endeavors. Exceptionally few day traders ever generate returns that are even close to worthwhile. This means that between 80 and 99 percent of them fail.

How much do day traders make a day? ›

Some traders aim to earn 1%-2.5% of their account balance daily. It should be noted that higher risks usually accompany higher returns and that traders who risk more have a higher potential to blow out their trading accounts. Many profitable traders attest to the importance of proper risk management.

How much money do day traders with $50,000 accounts make per day on average? ›

However, a widely accepted figure suggests that a successful day trader can pull between 1% to 2% of their account balance per day. For a $50,000 trading account, this equates to approximately $500 to $1,000 per day.

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