Professional Swing Trader | Key Lessons | Interview with Pat Walker

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  • Опубліковано 1 лис 2024

КОМЕНТАРІ • 378

  • @samreeve1508
    @samreeve1508 2 роки тому +71

    What makes these interviews so great is the time spent looking through charts with these experienced traders and getting an idea of their thinking pattern, really helps thank you.

  • @jasonthompson5624
    @jasonthompson5624 2 роки тому +20

    Genuine and knowledgable guy= great guest. Interviewer that asks good questions and doesn't interrupt= Great interviewer

    • @RichardMoglen
      @RichardMoglen  2 роки тому

      Thanks for watching Jason! I'm glad you enjoyed it!

  • @fatih2017
    @fatih2017 20 днів тому

    I love listening to Pat... he was one of the first speakers / traders I was introduced to at the beginning of my journey, and now years later, I still find gems of wisdom in his advice. Thanks Richard!

  • @darylwilliams6758
    @darylwilliams6758 Рік тому +11

    Wow. If you watch this video and this video alone over and over and over again, and implement his teachings you will become a better trader. Definitely glad YT recommended this and I decided to watch it. Thank you for the insights and great content 👏🏾 👌

    • @RichardMoglen
      @RichardMoglen  Рік тому +1

      Thanks for watching Daryl! I'd recommend watching my other interviews if you enjoyed this one

  • @crunchyroll7734
    @crunchyroll7734 2 роки тому +16

    Pat Walker is so humble, thank you Pat Walker and Richard Moglen

    • @RichardMoglen
      @RichardMoglen  2 роки тому +1

      Thanks for watching!

    • @latarino
      @latarino Рік тому

      ​@@RichardMoglen aa😊 pass a

    • @latarino
      @latarino Рік тому

      ​@@RichardMoglen aa😊 pass a

  • @clarenceturner5088
    @clarenceturner5088 Рік тому +4

    These are the last of the great trader's of 40,50 and 60 year's ago that time has forget when there was no internet.This is powerful information great interview Rich.

  • @mashedairsoft9821
    @mashedairsoft9821 2 роки тому +32

    Pat is such a humble person and knowledgeable teacher, he truly does a great job pointing out what matters most. I'd love to see another video where he goes into more detail on the higher low pattern, especially his criteria and things to look out for as the setup develops. Thanks for bringing him on the podcast, great job as always!

  • @RichardMoglen
    @RichardMoglen  2 роки тому +30

    Always great chatting with Pat and I love how simple he keeps it when it comes to charting. Enjoy!

    • @crunchyroll7734
      @crunchyroll7734 2 роки тому

      What is his volume moving average may I ask?

  • @vijayenderbandaru
    @vijayenderbandaru 2 роки тому +2

    Richard Moglen very underrated. Calm and composed. Always lets the interviewers talk and extract max info out of them. This guy will go long way. Amazing future you have my freind.

  • @sodds3599
    @sodds3599 Рік тому +2

    Absolute best video... especially the last 30mn. This guy is no BS. Best ever!
    And Richard super humble get the best out of people...

  • @Mybody4life
    @Mybody4life 2 роки тому +1

    Nevermind books, watch this guy over and over to cement the process, what a neat guy to listen to.

  • @izhanjuarezgadea457
    @izhanjuarezgadea457 2 роки тому +3

    Incredible the energy and knowledge of Pat! Amazing good vibes! Thank u so much Richard, and bring back Pat pls!!

  • @RichardMoglen
    @RichardMoglen  2 роки тому +23

    0:00 Intro
    1:00 Early Mistakes
    2:00 Study the charts
    3:00 Lack of Resources
    4:45 Listen to Your Stop Losses, 87 Crash
    5:20 Mental and Financial Capital
    6:20 Reading How To Make Money In Stocks
    10:30 Meeting O'Neil, Zweig, Seykota
    22:56 Rules which Help Performance
    27:33 Let Trends Work
    33:00 How to Handle Corrections
    37:00 The Start of Charts
    37:30 Good versus bad bars
    39:29 Current Markets
    40:45 Higher Low Setup
    46:16 Clean and Simple Bases
    47:55 Train your eyes
    50:45 The Recipe for a winning stock
    52:00 Higher Low Pattern
    1:03:30 GS Stop Loss example
    1:05:00 Average Loss
    1:10:52 Full Trade Walkthrough
    1:15:00 Placing your stop loss
    1:21:00 Stop Loss Management
    1:24:00 How to Sell into strength
    1:31:00 Technical Analysis Recap
    1:32:00 Advice for traders

  • @antoineleonard6479
    @antoineleonard6479 2 роки тому +21

    Thank you for this great interview, and thank you Mister Walker. I have no word to say how much I am thankful for the things you do. You are a great man and knowing your personal story make me realize how much it has been tought for you in your early years

  • @editor1208
    @editor1208 2 роки тому +6

    This guy is pure gold!

  • @bidbinary
    @bidbinary Рік тому +4

    As a beginner, I must say your interviews are incredibly helpful in understanding the big picture as well as developing and eye for important details. The long format is perfect for digesting ideas, and I find myself frequently rewatching your videos. Your videos have been the single most valuable source of content for me on YT so far. There’s a lot of noise out there, and I’m really glad I came across your channel. Thanks so much for doing these.

    • @RichardMoglen
      @RichardMoglen  Рік тому

      I'm so glad to hear that! I have a lot more videos on the @traderlion channel as well. Cheers!

  • @Yetified_Mayhem
    @Yetified_Mayhem 2 роки тому +6

    Pat is so sharp! Talk about a memorized, dialed system. Really enjoyed this! Thx gentleman, very helpful.

  • @tsinh89
    @tsinh89 2 місяці тому

    This interview is great. This guy is so patient, old sschool, follows logic, and fundamentals. I need to rewatch this like 3 times to get it. But it is so good.

  • @jaredyork980
    @jaredyork980 2 роки тому +19

    This was a great interview Richard. Thanks for letting Patrick talk and explain everything in detail 👍🏻 I learned a lot from this

  • @corolla8861
    @corolla8861 Місяць тому

    Wow, the amount of energy going on here is wild. Absolutely wise and down to earth guy.

  • @mtnj8599
    @mtnj8599 2 роки тому +2

    What I love about your interviews are:
    - great people, who love to share and educate us
    - great questions, and how you let them speak and not interrupt
    - incredible information being shared in these youtube sessions. just wealth of info
    - great for us to watch this over and over again
    So thank you Richard. Thank you Patrick, very humble and his talk is so straight to the heart/mind

  • @ianandersen5919
    @ianandersen5919 2 роки тому +5

    Pat always gives a fantastic interview. What a great guy. Love his honesty and humility. Guys like him make this world a better place. Keep up the great work Richard your doing an amazing job.

  • @MarkWerner-Gillum
    @MarkWerner-Gillum 9 місяців тому +1

    thiswas my favorite one ive seen so far. love this dudes energy and really like his willingness to share his weisdom. i certainly appreciate the both of you. i got some solid quality info that i will actually use. i learned more today than i did in a year long group guru shit class that i paid $2000. for. great show you are doing man thank you

    • @RichardMoglen
      @RichardMoglen  9 місяців тому

      Thanks mark, check out the new interview on the traderlion channel as well

  • @Dk-bp1ll
    @Dk-bp1ll 2 роки тому

    Pat is so much humble and passionate about trading and markets.

  • @dmytroyarchuk4444
    @dmytroyarchuk4444 2 роки тому +1

    It’s so nice to see him so willing to share all his knowledge with people!

  • @yodo7661
    @yodo7661 2 роки тому +2

    Kudos to Pat. He is an very humble and full of knolage human bean. Apreciate the effort of telling all these stories and for all the recomandations in this video. Cheers from Switzerland.

  • @trentbrady8829
    @trentbrady8829 2 роки тому +1

    Trading warlord , good to see pat back swinging his curser around . True gentleman

  • @maria_nz
    @maria_nz 2 роки тому +2

    Great interview - thanks Richard. First time I've heard Pat speak - really impressed with his genuine soul and honesty. Great advice from a master. Very timely.

  • @zenzenthaiamulethobby7109
    @zenzenthaiamulethobby7109 Рік тому

    Speaking concisely is important as it keeps conversations relevant and productive.

  • @NoNo-zf6tz
    @NoNo-zf6tz Рік тому

    Ive traded 15 years, nothing close to this man..but he has gold nuggets here. Rewatch this atleast 3 times.

  • @jackcool1101
    @jackcool1101 Рік тому +2

    Thank you so much for going through the whole trade with us, please do some more like that step by step on the whole trade so beginner like me can get a good understanding on it. I like him do it without cheating. Great work!

  • @pcahern
    @pcahern 2 роки тому +1

    Loved this, what a pure and good hearted guy. Tremendous spirit and intention.

  • @AmatJonny
    @AmatJonny 2 роки тому +2

    Big thanks Richard. Super work. I follow your channel from germany. i can't speak and understand english very well. i get the interview translated from youtube and try to benefit from it as much as i can.
    just by the translation i could take so much for me and learn. Pat walker is a great man. very sympathetic and honest man.
    good work richard and thank you very much!

  • @parallelnative
    @parallelnative 2 роки тому +1

    I stumbled across this video from another one of Richards interview with a FOREX trader, I dont trade stock but this interview taught me so much and perhaps introduced me into a clear rhythm to why I should give stocks a chance.

  • @mp066777
    @mp066777 2 роки тому +2

    This is easily one of the best stock market interviews.

  • @crunchyroll7734
    @crunchyroll7734 2 роки тому

    Very enthusiastic and humble man, Pat Walker

  • @mooch3332
    @mooch3332 2 роки тому +3

    Thanks Richard for always bringing quality education to the table. You are one of the best to follow. I watch at least one of your videos a day.

  • @giddelloran3415
    @giddelloran3415 2 роки тому +2

    Pat great lesson for me. specialy price action / Volume. Your thought proces and simplicity in reading chats just awsome. Thankx Sir.

  • @charliem2653
    @charliem2653 2 роки тому +1

    Pat's one of my favorite mentors that I've learned as of late. Keeps it so simple!

    • @RichardMoglen
      @RichardMoglen  2 роки тому

      Couldn't agree more!

    • @snaketrader
      @snaketrader Рік тому +2

      Hello how you doing. If you dont mind, I would like to ask you. Im thinking on joining his mentorship. Since I have been trading on lower timeframes and focusing more on intra-day, and on a different market as well, and Im now thinking the possibility to switch to swing trading and stocks, my question is:
      In his mentorship and methodology, you only BUY STOCKS? I mean, only go long and he do not short? Not that I think is bad or good, Im just curious, because on research I have been doing on communities and/or mentorships who trades the Daily Chart, they only focus on the BUY SIDE. If you could clarify this to me, I would gladly appreciate it. I would send an email to mission winners anyway, but it would be great and helpful to hear from someone who took his mentorhip.

  • @cd7856
    @cd7856 2 роки тому +2

    Thanks for another great video. I love Pat. Great guy. Intense, knows his stuff, family man, Friendly, and helpful! Could watch him dissect charts for hours.

    • @igpatrick_walker5649
      @igpatrick_walker5649 2 роки тому

      How’s trading going for you. send me a Dm on Instagram 👆👆 for more financial advice.

  • @tenzinnamdhak
    @tenzinnamdhak 10 днів тому

    Pat likes going off to different tangents and admitting it also. Nice conversation!!!!

  • @supamrm1670
    @supamrm1670 2 роки тому +1

    probably the most passionate talk given so far. keep up the with good work (and energy)!

  • @bokoyy
    @bokoyy 2 роки тому

    The best 3-minute pearls I've heard in this video (55:00-58:00).. Thank you so much!

  • @lico3063
    @lico3063 2 роки тому +2

    Wow! Pat was speaking to ME, I'm sure of it. Thank you both for this fantastic interview!

  • @macoveivasile75
    @macoveivasile75 14 днів тому

    Hi Richard,
    I have find your UA-cam channel last week and I like very much. You have invited great people with great experience.
    Thank you.
    Good luck 👍!

  • @alocooks9810
    @alocooks9810 2 роки тому +1

    Thank you so much. This is exactly the style of trading that I think fits me and to hear it worded so eloquently was incredible. Thank you!

  • @spacewalktraveller1
    @spacewalktraveller1 Рік тому +1

    Thanks for the interview. It was funny when Pat said how to set up the charts with the colors. It was how I had my chart set up.

  • @keanuleachay8371
    @keanuleachay8371 2 роки тому +4

    Great job Richard and Patrick. Love you always ask detailed questions Richard and never let the people you interview leave away with a generic answer, but probe a bit more for clarity, I know that’s not easy and comfortable always. Great job both of you. Thanks and learned from this and enjoyed it.

  • @cliffsmith1305
    @cliffsmith1305 Рік тому +2

    Such a great guy that Pat is - awesome that you were able to snag him for an interview!! I am a noob and still a little confused about the the chart timeframe... Can anyone explain to me ... is the chart a monthly based chart with a daily interval or a daily chart with different minute intervals as in, 15 minutes or 30 minutes etc. Any comments would be appreciated.

    • @RichardMoglen
      @RichardMoglen  Рік тому +1

      On a monthly chart each bar represents a month's worth of price action. On a daily chart each bar is a day. And so on for different timeframes

  • @urbancouturejewelry845
    @urbancouturejewelry845 2 роки тому +2

    So much wisdom from this man. I love his personality too. Thank you so much for sharing all this great content.

    • @RichardMoglen
      @RichardMoglen  2 роки тому +1

      Glad you enjoyed it!

    • @igpatrick_walker5649
      @igpatrick_walker5649 2 роки тому

      How’s trading going for you. send me a Dm on Instagram 👆👆 for more financial advice.

  • @Bhasan1
    @Bhasan1 6 місяців тому

    He's really giving gold nuggets that he's learned from a lifetime. He should write a book. This was a great video

  • @johnhenderson7081
    @johnhenderson7081 2 роки тому +4

    What a great video! This is what I needed to hear. I have now switched my charts to the moving averages he uses. Did lot of researching and pulling up charts with the moving average and liked what I saw.

    • @RichardMoglen
      @RichardMoglen  2 роки тому +1

      Glad it was helpful!

    • @johnhenderson7081
      @johnhenderson7081 2 роки тому

      @@RichardMoglen It looks like in order for me to follow the CANSLIM, will have to subscribe to IBD?

  • @johnthomson8332
    @johnthomson8332 Рік тому

    Hey Richard, I really love what you're doing here and thanks for having me on, says it 7 thousand times.

  • @figgy163
    @figgy163 2 роки тому +2

    Excellent video Richard, Pat makes it look so simple, love his sense of humour. Thanks to you both.

  • @mio3563
    @mio3563 7 місяців тому

    I missed this interview, but I'm even more pleased to see it now.

  • @SnappyTrees325
    @SnappyTrees325 2 роки тому +2

    Interview was a slice of sweet potato pie. Appreciate the both of y'all for helping with the learning curve

  • @darioteodori4811
    @darioteodori4811 2 роки тому +1

    Pat passion and knowledge is very inspiring. Amazing instructor and person. Thanks for doing this.

  • @deepshahi99
    @deepshahi99 2 роки тому +2

    Thank you for this great interview with Pat. Learned a lot. Keep the Good Work. God Bless....

  • @cringe_on_purpose
    @cringe_on_purpose 2 роки тому +2

    This is awesome, Pat is such a genuine and knowledgable guy, I learn a lot from him, thanks a lot Rich! 💯

  • @robv5278
    @robv5278 2 роки тому

    Love it. I'm also an old fart who listened to Marty Zweig. Charting by hand, data from a newspaper and yet the same principles apply. Thanks Richard.

  • @Karim.711
    @Karim.711 2 роки тому +1

    I look forward to the day when you are going to be interviewed. You’re future is very bright!

  • @aminatadavis4183
    @aminatadavis4183 2 роки тому

    Thank you for your show, and thank you for inviting this Angel 😇 ❤ to your show. Namaste 💝 🙏🏽

  • @phobia6661
    @phobia6661 2 роки тому +1

    Wow, i don't know who i need to thank to have stumbled upon this. Thank you 💕

    • @RichardMoglen
      @RichardMoglen  2 роки тому +1

      Thanks for watching!

    • @igpatrick_walker5649
      @igpatrick_walker5649 2 роки тому

      How’s trading going for you. send me a Dm on Instagram 👆👆 for more financial advice.

  • @theferraridevil
    @theferraridevil 2 роки тому +4

    Great interview, it's an honor to learn from Pat and his intuitive style of trading!

  • @myultrasound7619
    @myultrasound7619 2 роки тому +4

    Quality interview with jam packed education. Had to take notes on this one. Thanks to both of you.

  • @davidkenny3861
    @davidkenny3861 2 роки тому +2

    I was really looking forward to Pat sharing some early mistakes and some recent examples of buys stopped out for losses but unfortunately Pat did not provide details. I commend you Richard for refocusing Pat as I think the stop loss/risk mgmt information shared around 1:22 was insightful. We all have losses and I think I learn more when traders share their entry logic around trades that went against them.

  • @MrKishorlimbu
    @MrKishorlimbu 2 роки тому

    Love your positive Energy Pat.

  • @akashsood6480
    @akashsood6480 6 місяців тому

    That’s swing trading 101 for me. Will study not read the books Pat recommended. Thanks for another great interview. I will write back on this comment about my swing trading journey 🤞

  • @EzDeanFassassi
    @EzDeanFassassi 2 роки тому

    Love how you just let him talk 👍🏿

  • @cwsi
    @cwsi 7 місяців тому

    So much Knowledge & wisdom there, I need to watch this again and take some notes, thank you Richard & Pat

  • @DONALD1951
    @DONALD1951 8 місяців тому

    I can see that he loves to spread his knowledge….as you get older it gets more and more important to you..

  • @adrianvictor482
    @adrianvictor482 2 роки тому +3

    Great interview Richard!Patrick is very humble and he explains everything with passion and easy to understanding!Thank you for such great content!Have a great week end!

  • @ЕрнБ
    @ЕрнБ Рік тому +1

    Awesome video, kudos to Pat and Richard! Please, keep up this great job!

  • @ventsislavstanchev
    @ventsislavstanchev 2 роки тому +1

    The best interview ever. Thanks a lot.

  • @PyMoondra
    @PyMoondra 2 роки тому +2

    Amazing interview. I could listen to him speak for hours.

  • @J_International
    @J_International 2 роки тому +2

    Excellent discussion about the essentials of profitable trading. Furthermore the essentials are often all you need.

  • @psinvestments7993
    @psinvestments7993 2 роки тому +1

    Moglen ur session is great ... patrick walker is as usual simply taught important concepts

  • @whatstrue8936
    @whatstrue8936 Рік тому

    This Interview gave me so much knowledge and insight. I keep watching it again and again. Thank you ❤

  • @WoutervanTiel
    @WoutervanTiel 2 роки тому +1

    Price bars or candlesticks, both work, just pick one and train your eyes to get used to seeing the action. The chart is like a book. You can read it just as easily once you know the language.

  • @wymandyer6261
    @wymandyer6261 Рік тому

    haha,,i remember those newspaper days too Pat, along with high priced trading, brokers that didnt wanna talk to a kid,,,oh we've come a long way,,,thanks for your time on here!

  • @Arsenal2045
    @Arsenal2045 2 роки тому +2

    I thoroughly enjoyed this presentation. Pat is a legend and makes learning very easy and simple

  • @kevinckl22
    @kevinckl22 2 роки тому +2

    Thank you for this great interview with Pat, Richard. I really enjoy it!
    It's really helped me be humble to everything and how emotional capital is important.
    Good Job, can't wait for next interview.

  • @xpx1236
    @xpx1236 2 роки тому +2

    Good job Richard! Pat is such a genuine and kind person. Great advices! 🙏🏻

  • @matthieucholette6419
    @matthieucholette6419 2 роки тому +2

    This interview was so beneficial. Thank you and be blessed!

    • @RichardMoglen
      @RichardMoglen  2 роки тому

      Glad you enjoyed it!

    • @patrick_walker5614
      @patrick_walker5614 2 роки тому

      Hello how’s trading going for you? Send me a Dm on my IG 👆👆to for more stock and investment tips

  • @ahmedelbadry2014
    @ahmedelbadry2014 2 роки тому +1

    Simple and perfect Pat, love it.

    • @patrick_walker5614
      @patrick_walker5614 2 роки тому

      Hello how’s trading going for you? Send me a Dm on my IG 👆👆to for more stock and investment tips

  • @madewirya8437
    @madewirya8437 2 роки тому +2

    Thank you to both of you gentlemen. Really appreciate tons of insights provided here. 🙏🙏🙏

  • @michaelwood7164
    @michaelwood7164 2 роки тому

    best interview i have watched so far pat is so passionate

  • @Jake-vq5kr
    @Jake-vq5kr 2 роки тому +2

    This is an excellent trading channel 👏🏻👏🏻👏🏻👏🏻 Thanks!!

  • @next-topgaming
    @next-topgaming 11 місяців тому

    Great Interview. A huge thank you to Pat Walker. Absolute Gold !!

  • @ankurperiwal9704
    @ankurperiwal9704 2 роки тому

    Im still in between the video but couldnt help but comment - Just look at the enthusiam he is talking with and appreciate Richard for being such a fantastic interviewer! :D

    • @RichardMoglen
      @RichardMoglen  2 роки тому +1

      Thanks Ankur! Pat is a fantastic teacher

  • @joshmarquardt6909
    @joshmarquardt6909 2 роки тому +3

    This was phenomenal! Thank you, Richard and Pat. As a new trader, I found there to be many actionable points in this interview that I look forward to studying further and incorporating into my strategy. Cheers!

  • @cebolla7260
    @cebolla7260 Рік тому +1

    Love the quality of this video!!!

  • @JarqueousLowry
    @JarqueousLowry 7 місяців тому

    Pat Walker is the TRUTH.

  • @kingisa00
    @kingisa00 2 роки тому +1

    Great interview, Patrick's enthusiasm and passion for trading stocks is amazing

  • @MrSajigsnair
    @MrSajigsnair 2 роки тому +1

    Watched every single minute of this interview. Great work and thanks so much Pat and Richard for this insightful session.

    • @patrick_walker5614
      @patrick_walker5614 2 роки тому

      Hello how’s trading going for you? Send me a Dm on my IG 👆👆to for more stock and investment tips

    • @igpatrick_walker5649
      @igpatrick_walker5649 2 роки тому

      How’s trading going for you. send me a Dm on Instagram 👆👆 for more financial advice.

  • @iammindflip
    @iammindflip 5 місяців тому

    This is golden thank you, one question… when he says select stock with earnings higher than 40%…. He means 40% higher than previous reports? Or higher than the market?
    Thank you

  • @mandyz5041
    @mandyz5041 Рік тому

    great interview!!!!! I suffered a lot from stocks last year, so happy to watch this video. thank you so much Richard.

  • @annconnolly5298
    @annconnolly5298 2 роки тому +2

    Fantastic, very concise, informative, actionable! Thank you so much!!

  • @rodjames5771
    @rodjames5771 Рік тому

    Thank you so much for these amazing interview. I have just discovered your channel and it is full of gold bar gems!

  • @jle92708
    @jle92708 Місяць тому

    This is such a good interview. A quality interview and guest. 😮