Madaz Money Review
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Who is Madaz?
Max aka Madaz trained as a structural engineer but abandoned that career to become a professional day trader. He lives in Los Angeles, CA.
You can signup for the Madaz alerts service here.
Don’t let the terrible marketing with him posing in a suit with a Lambo put you off. Well, until you have read the rest of the review that is!
Back in 2017, Madaz was only making a few thousand dollars on trades. These days he is boasting about $1MM+ wins on trades! Pretty impressive. It took him ten years to get to this level.
Madaz Money Review: The Chat Room
The Madaz Money website is the usual chat room with live trading, alerts and a vibrant community of active day traders. The community culture is very orientated towards the fast scalping of momentum stocks.
One of the things that I like the most about Madaz is that he does live streams where he gives a running voice commentary on his trades. This helps me trust he is taking the trades he says that he is AND helps guide the subscriber in the crucial trade management phase.
The Madaz trading team are like day trading crack heads. They will for SURE be in the most volatile stocks that everyone else on social media is talking about that day.
As a member, you can copy team Madaz trades or use the watch list that they provide every day.
You can signup for the Madaz alerts service here.
What Type of Trading?
Madaz primarily scalps small market cap stocks. He rarely swing trades anything. He is a typical day trader that uses level 2 and charts to try to predict the short-term price movement of a stock. Typically, a Madaz trade could last just minutes or hours max. He doesn’t seem to have any magic sauce that is dramatically different from other traders. He uses moving averages and pivot points. The usual indicators of price direction.
Micah is a trader that focuses on selling short on small cap stocks. Micah uses Fibonacci levels and other forms of technical analysis to time short trades. Having a short-biased trader to follow is something fairly unusual in this industry. It makes sense though to have someone on the team that specializes in shorting.
Anthony is a nice addition to the team because he trades larger cap stocks than the rest.
Lukas is another smaller cap trader. He is also a short-biased trader! So, half the Madaz team are short-sellers.
Check out my favorite strategy and indicator system by Steven Brooks here.
Madaz Money Review: More Details on His Trade Set-ups
Madaz is a momentum trader. He looks to buy breakouts on volume or short if the stock starts to breakdown through key levels. He does seem to have a lot of experience with executing his trades. I noticed he does do a good job managing the positions he is in via scaling in/out.
Madaz is not one of those traders that will ignore stocks that could be good shorts. He seems to pick stocks that have made big and unjustified moves up price.
He seems to be able to read level 2 and the time of sales to time his trades. Using multiple time frames seems to be a smart thing to do and Madaz looks at things like the daily chart as well as much shorter time frames to more accurately time his scalps. He uses the three minute chart a lot.
The setups Madaz trades can be hard to replicate if the subscriber tries to just copy him. This is because of the speed the trades move either up or down.
Madaz Transparency
Here is an awesome video showing a ridiculously successful trade of $GME where Madaz makes $2.4MM in 13 minutes! At that time last year he has made $10MM in the first few months of the year.
Educational Videos
As with most services, Madaz Money has a vault of videos and podcasts. He doesn’t have a structured course. His free YouTube channel has a lot of trade reviews and educational content.
You can signup for the Madaz alerts service here.
Madaz Money Review: Chatroom
Most people join these types of services for the live chatroom. Madaz has many different rooms for different topics like swing trading, day trading and long-term investing.
As with any trading community, you don’t just benefit from the official trading team. Networking with other good traders can be very helpful as well. I do like the sense of community that Madaz Money has. I like the way that the rooms are moderated to protect the culture and avoid too much noise.
It is a discord based service which is pretty user-friendly once you complete the learning curve of how to manage the channels etc. You can get push notifications to your phone and desktop on particular channels that you choose to follow.
Madaz Money Review: Conclusions
The cost for Madaz Money is $99 per month. If you pay for a year then you get a couple of months for free. I do like the service because you can follow some experienced and successful traders. This is primarily a day trading chatroom in my opinion, so it’s best for those that are active traders.
I really like how transparent Madaz is. It doesn’t appear that Madaz is hiding his performance as he does live commentary and posts his profit/loss. He carefully reviews his trades in his training videos.
I like the discord chatroom and the community. The only issue that I have is that the small-cap stocks are risky and can be hard to copy when Madaz or his team enters a trade.
The service is best for more experienced intra-day active traders that want to take momentum trade ideas consistently each day. The team approach helps you to find the best opportunities and discuss them as a group
Overall, I recommend you check out Madaz Money.
You can signup for the Madaz alerts service here.
Russell
Check out my favorite strategy and indicator system by Steven Brooks here.
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