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

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 trading make you a millionaire? ›

In conclusion, while it is possible to become a millionaire through forex trading, it is not a guaranteed path to wealth. Achieving such financial success requires a combination of education, skills, strategies, dedication, and effective risk management.

What kind of trading makes the most money? ›

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.

Who are the richest day traders? ›

A Historical Perspective on Wealthy Day Traders
TraderNotable Trade
WD GannVarious successful trades over his career
George Soros1992 short position on the British Pound
Richard DennisTurtle Trading in the futures market
Paul Tudor JonesPredicting and profiting from the 1987 crash
2 more rows
Jan 15, 2024

Who made millions in day trading? ›

Steve Cohen. Steve Cohen's day trading tale is one of a kind. Being the most successful among day traders who made millions, he started as a poker player. His passion for day trading would lead him to develop abilities in day trading and intuitiveness.

What stock will make me rich? ›

Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), and Advanced Micro Devices, Inc. (NASDAQ:AMD) are some of the stocks that will make you rich in 2024, besides Palantir Technologies Inc. (NYSE:PLTR).

How much do I need to invest in the stock market to become a millionaire? ›

Assuming that you can earn this 10% average return over your investing career, if you are getting started investing this year and you want to become a millionaire in 30 years, you would need to invest $506.60 per month. This amount may seem like a lot, but it may actually be pretty doable for many people.

What is the fastest way to make money trading? ›

Day Trade. If you're a nimble and proficient trader, probably the “easiest” way to make fast money in the stock market is to become a day trader. A day trader moves in and out of a stock rapidly within a single day, sometimes making multiple transactions in the same security on the same day.

What type of trading makes the most money the fastest? ›

Day trading offers rapid profits but demands quick decision-making, while position trading requires patience for long-term gains. Forex and cryptocurrency trading provide access to global markets, while options and algorithmic trading introduce sophisticated strategies.

What is the easiest market to trade for beginners? ›

Many markets are available to anyone with a simple internet connection. Day traders commonly choose the forex market for its low barriers to entry as well as exchange-traded funds. Long-term investors are often attracted to the commodities market and the market for contracts for difference.

Has anyone ever gotten rich from day trading? ›

Day trading is a strategy in which investors buy and sell stocks the same day. It is rarely successful, with an estimated 95% loss percentage. Even if you do see a gain, it must be enough to offset fees and taxes, as well.

Who is the most profitable day trader ever? ›

Who is the most successful day trader? There are a lot of successful traders but Jesse Livermore is often regarded as the most successful day trader. His success came from trading on the capital earned by himself and by trading on setups made by himself.

Who is the current best trader in the world? ›

Top 10 best forex traders in the world 2024
  1. George Soros. Known as the "Man Who Broke the Bank of England," George Soros is a Hungarian-born American billionaire investor and philanthropist. ...
  2. Stanley Druckenmiller. ...
  3. Bill Gross. ...
  4. Ray Dalio. ...
  5. Carl Icahn. ...
  6. John Templeton. ...
  7. Warren Buffett. ...
  8. Charlie Munger.
Jan 2, 2024

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 many day traders actually make money? ›

Day traders are more likely to experience a 50% loss than a 50% gain. While there is potential for large gains, there is also a significant chance of significant losses. This is an important point to consider for anyone considering day trading as an investment strategy. Only 3% of day traders make consistent profits.

Did Warren Buffett do day trading? ›

A classic Buffett quote indicates that he is no fan of day trading: “If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes.” This emphasis on holding a position for the long term means a very low level of trading activity.

Can you get rich by day trading? ›

Day traders' earnings vary widely based on experience, skill level, trading strategy, and market conditions. Some may earn a substantial income, while others may not be as successful. It's important to note that day trading involves significant risk and is not suitable for everyone.

How do you become rich in trading? ›

In this article
  1. Understand the stock market and stay focused.
  2. Budget for investing.
  3. Use index funds.
  4. Buy and hold.
  5. Short selling.
  6. Contribute to your portfolio consistently.
  7. Know the math behind getting rich in the stock market.
Dec 27, 2023

Is it realistic to make money trading? ›

It is possible to earn money with day trading and make a living from it and generate high income - but the chances are extremely low. A maximum of three percent of all traders achieve long-term profits; the vast majority lose large sums of money.

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