I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
@@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
This video is spot on Gareth. Trade management gets overlooked too often, but it's a game changer for real. Moving stops to breakeven after a 1:2 ratio is something I've been applying, and it's saved me so many times. Great work man
I totally agree. The risk-reward balance makes all the difference. But honestly, I’ve had some bad luck with setting stops. I always seem to get stopped out too early especially when i day trade.
I know what you mean. I just started working with stops and scaling out, but sometimes I feel like I second-guess myself too much. I’ll move my stop too close, and then I get stopped out only to see the trade turn in my favor after. I'm starting to think i'm not cut out for it
@@asifdmotya Absolutely, managing trades can be tricky, especially in fast markets. It’s why I tell newbies not to throw money at the market and rather turn to financial advisory services when starting out. That's one of the biggest advantages i had when i got into trading, haven't had a bad month since
Having traded more than a decade, the first few years without the disciplinary actions so excellently explained in this video, I empirically know trading with discipline is the only path to success. Thank you FW for your assiduous development of top tier trading education.
Thanks Gareth. Another great illustration touching on an important aspect of trading. Your strategy and scanner are fundamentally sound, supported by years of data and back testing. Wish I had found you years ago.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Depends how long, depends on the quality of the company, depends on market structure, depends on the use of leverage, the market environment etc etc there is no one answer
My biggest winners ever resulted from buy and holding a few stocks long term (over 5 years). However, my biggest losers ever resulted from not using a sell discipline or exit strategy such as Sir Gareth's MACD and 20-Week EMA. For me, trading with an exit strategy wins.
I forget the exact numbers, but a 0.1% daily gain stretched over 252 trading days a year for 20 years will take a $10,000 account to over a million dollars. Just from essentially breaking even. That's the power of compound interest. Meanwhile, every loss must be followed by twice as much gain just to get back to even. Stock trading, like poker, is all about protecting what's yours and only getting your money in when you have the best hand.
When you are starting out, the 1st question you have to ask yourself is if you are a trader or investor. Your approach to risk management will be different depending on your answer!
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Catherine Gauthier.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
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is bitcoin a Cup and handle pattern ?
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
@@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
This video is spot on Gareth. Trade management gets overlooked too often, but it's a game changer for real. Moving stops to breakeven after a 1:2 ratio is something I've been applying, and it's saved me so many times. Great work man
I totally agree. The risk-reward balance makes all the difference. But honestly, I’ve had some bad luck with setting stops. I always seem to get stopped out too early especially when i day trade.
I know what you mean. I just started working with stops and scaling out, but sometimes I feel like I second-guess myself too much. I’ll move my stop too close, and then I get stopped out only to see the trade turn in my favor after. I'm starting to think i'm not cut out for it
@@asifdmotya Absolutely, managing trades can be tricky, especially in fast markets. It’s why I tell newbies not to throw money at the market and rather turn to financial advisory services when starting out. That's one of the biggest advantages i had when i got into trading, haven't had a bad month since
Thanks for the visit 👍
@@dwightwellings well said
Having traded more than a decade, the first few years without the disciplinary actions so excellently explained in this video, I empirically know trading with discipline is the only path to success. Thank you FW for your assiduous development of top tier trading education.
Thanks Donald - I appreciate that.🙏
the best video on UA-cam that describe my trading carrer ,
Thanks Gareth. Another great illustration touching on an important aspect of trading. Your strategy and scanner are fundamentally sound, supported by years of data and back testing. Wish I had found you years ago.
Thanks David. Appreciate that 👍
Always excellent advice. Thanks for the reminders/pep talk.
Any time!
Thanks for this video, greetings from Argentina
You are welcome! Greetings from UK...
Thanks so much ❤❤
Thank you
6:30 MACD indicator
Excellent video, full of great advice. I really appreciate the information and videos you create. Thanks.
I appreciate that!
Can we take hold in sell
This is the best explanation ❤❤ thank u very much for all the effort u put in making these videos.
My pleasure 😊
macd indicator settings ?
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Hi.. Can you pls share your year on year performance...P&L in percentage..
Please make a video on your annual returns like in the video " breakout trading using donchian channel
Thanks Gareth, it's very easy to listen simple to follow and very hard to perform during market time.
Absolutely. p.s been a while since i have been called that..
What MACD settings do you use on the weekly time frame?
Standard
Thanks Gareth. Very useful revision.
Thanks as always 👍how are things with you?
@@FinancialWisdom Great thanks Gareth. Most of my trading these days is on indices and I'm achieving modest success based on your principles.
You need a set of roo ilzz
Would you kindly denote what the horizontal and vertical scales represent at 4:38ish Thank you.
NoAxe
Number of trades and monetary value
Hi @Financial Wisdom, can you share your past trades and historical performance? I want to join your service.
There is a spreadsheet with this information in the members area (Excel file)
@@FinancialWisdom How can non member of your service access it before checkout?
Is in long positions stop loss necessary?
Depends how long, depends on the quality of the company, depends on market structure, depends on the use of leverage, the market environment etc etc there is no one answer
My biggest winners ever resulted from buy and holding a few stocks long term (over 5 years). However, my biggest losers ever resulted from not using a sell discipline or exit strategy such as Sir Gareth's MACD and 20-Week EMA. For me, trading with an exit strategy wins.
I forget the exact numbers, but a 0.1% daily gain stretched over 252 trading days a year for 20 years will take a $10,000 account to over a million dollars. Just from essentially breaking even. That's the power of compound interest. Meanwhile, every loss must be followed by twice as much gain just to get back to even. Stock trading, like poker, is all about protecting what's yours and only getting your money in when you have the best hand.
Good
Thanks
Next video for risk management
Thanks. 👍
Welcome 👍
great video. Thank you
Is it maximize or maximise?
English/US 😎
@@FinancialWisdom that's why my spell check wouldn't let me spell maximise. 🤣
👌
When you are starting out, the 1st question you have to ask yourself is if you are a trader or investor. Your approach to risk management will be different depending on your answer!
Absolutely
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Catherine Gauthier.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Catherine Gauthier too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Gold
🤘🏻
You have stop losses of 10-16%?
Dude that's way too much. No wonder the 30% returns at the US investing championship😅
It very low actually. it averages at approx 1 to 1.5% risk on equity - I think you are getting confused with positional risk and equity risk
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Elizabeth stark
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
This never work. Its all random walking
It's actually not - You can move probabilities hugely in your favour. The Random Walk talk has been touted but always debunked.
@@FinancialWisdom You gotta love it when someone says "this never works" despite irrefutable evidence to the contrary. To thine own self be true.