Reviewed this excellent interview again, made 20 pages of notes/charts. Don shares some serious gems, notably: 1) how to quickly pyramid into a stock using ATR 2) better understanding growth stock portfolio volatility with relative ATR adjusted Beta 3) Position sizing, position risk, position limits 4) calculating portfolio "open risk" to your stops 5) using 3 mo RS in Marketsmith, and the RS line 5) using leveraged ETFs for portfolio length, or hedging, 6) benefits of trading liquid leaders 7) importance of "M" in CANSLIM, market timing, and lots of details on how he approaches M, 8) using growth-oriented index ETF's to monitor market timing & health. Kudos Don and Richard!
One of the best interviews I’ve heard in a long time. One I had to stop and take notes. ( I listen to podcasts and trading programs almost every waking hour too ). Definitely giving this one a re-listen. Thanks to you both !!! Cheers!!
Timestamps: 0:00 Introductions 0:50 Don Vandenbord's Background 1:30 Starting to trade in the 90s 3:40 Sell Discipline 7:30 Starting a Hedge Fund in 2015 9:00 Resources and Influences 11:30 Stay with Liquid Leaders 13:50 Early Mistakes 17:40 N in CANSLIM, What will make the stock Double 19:35 Don's Presentation 21:34 Sequence of Returns 23:24 3 Timeframes 24:49 Study of bear Markets, 200 SMA 33:00 How far below the 200sma do we usually go 34:20 ATR adjusted Risk 41:30 Monitoring Growth ETFs- G-6 44:50 Lagging Relative Strength in Feb 2021 47:00 Stock Selection 48:20 LNTH Analysis 49:30 FSLY Example in 2020 53:00 Offensive Sell Rules 55:30 Advice on sell rules 57:30 How many positions do you usually have? 58:15 SSO position 1:00:45 The Tale of the Tape, Market Analysis 1:05:00 Daily Routine 1:08:00 respect Price 1:08:50 Watch the relative Strength Line 1:12:55 Current Stock Analysis 1:17:20 breakouts in a bear market 1:19:00 Advice for new Traders
Great interview! Seeing the creativity of each trader is always wonderful. Love the ATR beta breakdown and use of growth-oriented ETFs to observe market health
Love your channel Richard , appreciate you share all these interviews , as more than better. I watch every single video with pleasure learning my edge . Great Job 👍.
One of the best interviews Ive seen for learning from the higher end of town....great to hear about how one sees market direction and the rules about entries and exits....great share..thanks
Thank you for your hard work, Richard. Because of your amazing interview, I have improved exponentially my trading results. We need more people like you.
I have literally watched all of Richard’s interviews like 3-4 times each. I’ve already watched this one twice. It is amazing how much more things sink in after the 1st and even more after the 2nd time watching them. Of all his interviews, I can relate to this one the most. Love how this guy looks out for his clients. From my experience, most financial advisors suck and wouldn’t know risk management if it slapped them upside their heads.
Excellent interview and valuable content in every minute, knowing the market situation, where we are, what to expect as new traders and investors, where to stop and when to continue with practical and obvious examples... Dan's experience is priceless to me.. infinitely grateful for the knowledge you share Richard..!
Thank you Richard and Don for putting together this presentation! Well done and very informative walkthrough! Also Happy Father's Day to you and your dads gentlemen! =)
Richard can you cover the uranium sector using CANSLIM and other methodologies? We have the fundamentals pretty much covered just interested in analysis from a different lense. Thanks!
Learned a lot from this interview Richard. Did Don give a clear G-6 Composite range to get out or in? Is there a magic number? He answered this by jumping onto the RSI (eg Fastly's sharp down trend in RSI) but never said at what level he acts on the G-6 Composite. His Grotection score from FEB 2021 (14.6%) to NOV 2021 (6.5%), a factor of 2.2 change is a huge success, lower drawdowns, faster compounding. $110 million portfolio of 8 to 12 stock is a different ball game compared to managing $billions on a 140 to 160 stock portfolio at Ark Invest. Does Cathy at Ark use Stop Losses? It does not appear that she does. How does she protect the down side? Don's clients likely have sweet dreams at night compared to Cathy's clients.
Great Work as always Richard and Great Presentation Don! Loved it and it is so practical! Just one comment which I don't agree: "NVDA is the past". Not true and far from it, even though I agree that stock in broken like every growth stock. But you just have to let it settle, may be at the next retracement level ~120. It is one of the best company IMO.
Great video. I find some of these traders don't like giving away any information and beat around the bush, which can be annoying to watch. At least some actual examples of entry/exit were given here.
Gary Kaltbaum's radio show also introduced me to William O'neill and Stan Weinstein. I think he would be a great guest. You're doing fabulous work, Richard. We appreciate you!
@@RichardMoglen Hi Richard - I have a request - could you try getting Gil Morales and/or Chris Kacher on your show in the future? They are co-authors of the book, "Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market".
Richard, thanks for the video, but I have to question his discussion about his FSLY entry and his position sizing and risk management. He said his starting position size is 2% of the account. If a client had $1M to invest, that is a $20,000 starter position. He said the max risk is .02% of the $1M account. That is $200 of total risk on this position. If he bought a $20,000 position on FSLY at $35 on 5/11 that is 571 shares. $200 of risk on 571 shares is .35 cents per share. The ATR on FSLY that day is around $2.40 per share. FSLY hit a low of $33.01 that day. Either he is an amazing timer of entries, I misunderstood what he was saying, my math is wrong, or things don't add up!
The 0.20% is on the total portfolio, not the individual position. Refer to my example of getting stopped out 5 times & the overall impact to the total portfolio is -1%
Because we can’t buy illiquid CANSLIM stocks, we allocate a portion of the portfolio to SSO as a ‘replacement”. This provides the added benefit of smoothing returns.
Reviewed this excellent interview again, made 20 pages of notes/charts. Don shares some serious gems, notably: 1) how to quickly pyramid into a stock using ATR 2) better understanding growth stock portfolio volatility with relative ATR adjusted Beta 3) Position sizing, position risk, position limits 4) calculating portfolio "open risk" to your stops 5) using 3 mo RS in Marketsmith, and the RS line 5) using leveraged ETFs for portfolio length, or hedging, 6) benefits of trading liquid leaders 7) importance of "M" in CANSLIM, market timing, and lots of details on how he approaches M, 8) using growth-oriented index ETF's to monitor market timing & health. Kudos Don and Richard!
One of the best interviews I’ve heard in a long time.
One I had to stop and take notes.
( I listen to podcasts and trading programs almost every waking hour too ).
Definitely giving this one a re-listen.
Thanks to you both !!!
Cheers!!
Don really shares a lot about the breadth of his approach. Especially portfolio management tactics.
Timestamps:
0:00 Introductions
0:50 Don Vandenbord's Background
1:30 Starting to trade in the 90s
3:40 Sell Discipline
7:30 Starting a Hedge Fund in 2015
9:00 Resources and Influences
11:30 Stay with Liquid Leaders
13:50 Early Mistakes
17:40 N in CANSLIM, What will make the stock Double
19:35 Don's Presentation
21:34 Sequence of Returns
23:24 3 Timeframes
24:49 Study of bear Markets, 200 SMA
33:00 How far below the 200sma do we usually go
34:20 ATR adjusted Risk
41:30 Monitoring Growth ETFs- G-6
44:50 Lagging Relative Strength in Feb 2021
47:00 Stock Selection
48:20 LNTH Analysis
49:30 FSLY Example in 2020
53:00 Offensive Sell Rules
55:30 Advice on sell rules
57:30 How many positions do you usually have?
58:15 SSO position
1:00:45 The Tale of the Tape, Market Analysis
1:05:00 Daily Routine
1:08:00 respect Price
1:08:50 Watch the relative Strength Line
1:12:55 Current Stock Analysis
1:17:20 breakouts in a bear market
1:19:00 Advice for new Traders
Love to hear more from Institutional traders and investors. 👍
You got it!
Awesome interview Richard! I briefly got to meet Don last week, outstanding guy!
Thanks David!
Great interview! Seeing the creativity of each trader is always wonderful. Love the ATR beta breakdown and use of growth-oriented ETFs to observe market health
Only 25 minutes in but this is a good a** video.
Love your channel Richard , appreciate you share all these interviews , as more than better. I watch every single video with pleasure learning my edge . Great Job 👍.
Glad you like them! Thanks Tom!
One of the best interviews Ive seen for learning from the higher end of town....great to hear about how one sees market direction and the rules about entries and exits....great share..thanks
Thanks for watching!
Thanks! Glad you enjoyed it. --Don
Very apropos for the current environment! Thanks for bringing this interview Richard!
You bet!
Thank you for your hard work, Richard. Because of your amazing interview, I have improved exponentially my trading results. We need more people like you.
Awesome to hear that! Keep at it
what's crazy is this is all FREE!
Great interview and presentation, loved the use of ATR to risk, and the G6, a great story told here
Thank you George cheers. I hope you’re doing well!
I resonate with Don's analytical approach to the markets. This was a very insightful interview.
Thanks!!
Thanks Ashish !
It’s amazing how much more you pick up watching an episode for a second time. Nugget after nugget. Outstanding interview, thanks to both.👍
Thanks Tony! --Don
I have literally watched all of Richard’s interviews like 3-4 times each. I’ve already watched this one twice. It is amazing how much more things sink in after the 1st and even more after the 2nd time watching them. Of all his interviews, I can relate to this one the most. Love how this guy looks out for his clients. From my experience, most financial advisors suck and wouldn’t know risk management if it slapped them upside their heads.
Great interview, great guest!
Excellent interview and valuable content in every minute, knowing the market situation, where we are, what to expect as new traders and investors, where to stop and when to continue with practical and obvious examples... Dan's experience is priceless to me.. infinitely grateful for the knowledge you share Richard..!
THANKS! Very kind of you. --Don
Great great for me this was Up there with the Position Size interview!
Great video! So many gems, thanks you so much
Glad you enjoyed!
Thanks, much appreciated! --Don
Thank you Richard and Don for putting together this presentation! Well done and very informative walkthrough! Also Happy Father's Day to you and your dads gentlemen! =)
Our pleasure! Thanks
THANKS AMOS
Richard can you cover the uranium sector using CANSLIM and other methodologies? We have the fundamentals pretty much covered just interested in analysis from a different lense. Thanks!
This guy is a real baller; knows his stuff
Very kind of you, Chuck
Nice beard Rich ! Great interview as always
Ha thanks, it needs a trim.
Learned a lot from this interview Richard.
Did Don give a clear G-6 Composite range to get out or in? Is there a magic number?
He answered this by jumping onto the RSI (eg Fastly's sharp down trend in RSI) but never said at what level he acts on the G-6 Composite.
His Grotection score from FEB 2021 (14.6%) to NOV 2021 (6.5%), a factor of 2.2 change is a huge success, lower drawdowns, faster compounding.
$110 million portfolio of 8 to 12 stock is a different ball game compared to managing $billions on a 140 to 160 stock portfolio at Ark Invest.
Does Cathy at Ark use Stop Losses? It does not appear that she does. How does she protect the down side?
Don's clients likely have sweet dreams at night compared to Cathy's clients.
She runs an etf which is different than a fund, no real risk management.
Glad to hear you enjoyed the interview!
We love it when our clients sleep well ! Watch our nightly videos for updates on the relative strength of the G6
I love this video...this dude is a pro...one of the best videos on trading I've seen
Thanks!
That’s the gospel truth !
Another great interview Richard 👊
Thanks Andrew!
Interesting with risk analysis. Please do a new video with Don on just risk analysis.
Thanks for the idea!
This is true.
This would be a great video to reshare again
Thank you Richard
It was a great experience
Great Work as always Richard and Great Presentation Don! Loved it and it is so practical! Just one comment which I don't agree: "NVDA is the past". Not true and far from it, even though I agree that stock in broken like every growth stock. But you just have to let it settle, may be at the next retracement level ~120. It is one of the best company IMO.
Thanks for watching Rajen cheers! Good companies do not necessarily make great stocks, important to remember.
"THE PAST" comment referred to leadership from a stock performance perspective. I would not be surprised if NVDA has another day in the sun.
So many 💎..thanks Richard
Thanks for watching Eddie!
This channel should have way more subs, great content, thank you.
We are getting there thanks James!
Hi Richard great interview. Could you recommend any US brokers for guys like me that aren't based in the US?
below 200dMA on what time frame? DAILY? WEEKLY? Thank you for clarifying.
Daily
200d daily (but at end of week)
40 wk weekly
What's the yearly performance you have? And compared to the SP500?
What a great interview
Thanks!
Thanks so much!
Awesome interview!
Thanks Ed!
Thanks Ed ! --Don
Is Don's ATR calculated with standard lookback of 14? Thanks for the help if anyone knows.
Brilliant!
Great episode!
Thanks Rune!
awesome presentation
Thanks For watching david!
Thanks David! -Don
thanks Richard, just wondering whether we can get 21/21 screen setting on market smith
It's a curated list not a screen
Don's daily G6 Composite will give a similar trend line to that of the Advance/Decline (A/D) Line of S&P 500, NASDAQ, DOW
Need these interviews on a Podcast platform
Great video. I find some of these traders don't like giving away any information and beat around the bush, which can be annoying to watch. At least some actual examples of entry/exit were given here.
buy bill oneail's book, it shows you how.
Thanks!
Thank u 👌👍
Welcome 😊!
Enjoy!
Gary Kaltbaum's radio show also introduced me to William O'neill and Stan Weinstein. I think he would be a great guest. You're doing fabulous work, Richard. We appreciate you!
@@jroq8370 thanks!
Nice video!
Glad you enjoyed it!
@@RichardMoglen Hi Richard - I have a request - could you try getting Gil Morales and/or Chris Kacher on your show in the future? They are co-authors of the book, "Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market".
How is the RS Rating line calculated? It's not an RSI is it?
Price of the stock divided by the price of the Spx. It’s very different than the rsi
RS line is stock performance vs SP500 return
You should interview Gil morales
WOOOOOO
Why does no one talk about shorting on the market downturns like now?
I wish you interview some experienced forex traders.
Who would you recommend
Richard, thanks for the video, but I have to question his discussion about his FSLY entry and his position sizing and risk management. He said his starting position size is 2% of the account. If a client had $1M to invest, that is a $20,000 starter position. He said the max risk is .02% of the $1M account. That is $200 of total risk on this position. If he bought a $20,000 position on FSLY at $35 on 5/11 that is 571 shares. $200 of risk on 571 shares is .35 cents per share. The ATR on FSLY that day is around $2.40 per share. FSLY hit a low of $33.01 that day. Either he is an amazing timer of entries, I misunderstood what he was saying, my math is wrong, or things don't add up!
The 0.20% is on the total portfolio, not the individual position. Refer to my example of getting stopped out 5 times & the overall impact to the total portfolio is -1%
@@donvandenbord7671 Sorry Don. You said zero point two percent and I thought I heard .02% That makes sense Thanks
***CRITICAL points NOT to miss***
26:00 Importance of 200 DMA
29:55 Taking partial profits at 21 and 50 DMA
Thanks alpha
I never buy a stock below the 200 day MA WOOO!
Rick Flair
it's true...how else can the Nature Boy afford that Rolex. --Don
@@donvandenbord7671 lol exactly! Lots of great insights in the interview. One I'll definitely be replaying and taking notes. Thanks for doing it!
Sorry, don’t quite understand about SSO
Because we can’t buy illiquid CANSLIM stocks, we allocate a portion of the portfolio to SSO as a ‘replacement”. This provides the added benefit of smoothing returns.
lol hope he held a few thousand shares of NVDA from $150🤣
Bacon
YES, BACON
BACON
Bacon
Breakfast of Champions! --Don
DV sexy AF
I hear that a lot 😂