Larry Williams the 'Goat'! Thanks to Stock Charts and Williams for this channel. I inspire to be as great a trader as Williams and I always learn something from all the Williams wisdom.
I would add that for intraday trading most important trend is 15 minute, 1h and 4h-- and daily trend candle has to be same color at least 2 days in the same direction. For intraday trading weekly & monthly trends do not matter much & can be ignored. For simplicity sake if 15 minute ,1h & 4h trends are in the same direction, you have a trade set up in the same direction (one could fine tune entry 0n 5 minute charts). In general daily candle has to be in the same direction for any trade--Sir, what do you have to say?
That pattern fallen Angel that true ...I had bad teachers on start trading , losst all ...long term relationship , money and in long term dept`s ...that was 5years ago and just now like covid started I going back on my feets ! Stay positive everting is just temporary :D !
Sir, I have some questions and I'd be very helpful if you reply. What are the conditions for Fallen Angel Pattern? What's your view on hidden divergence? Also know as reverse divergence and reversals thought by Andrew Cardwell and his RSI methodology In come cases, Regular divergence is followed by hidden divergence, which one should we prefer? How to choose the correct timeframe? Some timeframes are much more dominant than others. How to know if a stocks is about to go in a longer consolidation? And how to know is about to go sideways? Thanks alot, great content!
Nice work (as usual!) Larry. I like they way you fleshed out "being smart" vs. making money and the fact that emotional markets are the best to trade. Fully agree! Dave Landry AKA The Trend Following Moron
So much current info out there on crypto Market size which is about 2.12 trillion dollars why are you using figures that are 3 years old its no longer 800 billion. Very outdated
You're probably right. However, I'd rather make money than be right. Crypto, as Larry pointed out, is an emotional market. And, those are THE BEST markets to trade. You DO have to be prudent and practice proper money and position management. I make small bets, take partial profits, and trail my stops higher. If you want to be a trader, you'll have to learn how to trade the emotions of others (while embracing your own). Also, as I preach, "don't confuse the issue with facts." Yeah, they're probably all BS, but who cares? Looking smart and making money are often two different things. I was once called a "trend following moron" by a famous trader (who was fighting the market at the time). Initially, I was hurt. Now, I embrace the title.
as controversial as it is to say, I agree with your statement in regards to bitcoin. but for coins like ethereum and solana that actually have real world utility? no way. blockchain tech is the future of the internet. Will ethereum or solana still be around 10-20 years from now? I dont know for sure, but I'm willing to bet that they will be.
That Guy is here. Do yourself a favor, take a deep, deep dive in crypto. Then study some more. You will realize this is truly the wave of the future and they are as inevitable as the internet
@@herbs814 "All predictions are about the future, and a lot of stuff can happen between now and then." Greg Morris. On another note, I know some famous people out there who have been poo pooing Bitcoin since it was in the low thousands. Yeah, it might go to zero eventually, but they missed one hell of a ride!
![020: Larry Williams: Tips and Insights from 50 Years of Trading [AUDIO ONLY]](http://i.ytimg.com/vi/AnEfV0S2KTY/mqdefault.jpg)
Larry Williams the 'Goat'! Thanks to Stock Charts and Williams for this channel. I inspire to be as great a trader as Williams and I always learn something from all the Williams wisdom.
Looking forward to that October presentation Larry. Great stuff today as usual!
Thanks Larry this is a great video. When is the next commodities training course? Is there a last one before the end of 2021?
Thank you, Larry! Always valuable information in an easy-to-follow, cordial format. You and Jake Bernstein are my new mentors!
This was awesome!
Thank You Sir for sharing your knowledge and wisdom with us 😊 ⭐️
Only blockchain technology got value from crypto world . Thanks Larry for new ideas !
Thank you, Larry. What do you think about silver?
I would add that for intraday trading most important trend is 15 minute, 1h and 4h-- and daily trend candle has to be same color at least 2 days in the same direction. For intraday trading weekly & monthly trends do not matter much & can be ignored. For simplicity sake if 15 minute ,1h & 4h trends are in the same direction, you have a trade set up in the same direction (one could fine tune entry 0n 5 minute charts). In general daily candle has to be in the same direction for any trade--Sir, what do you have to say?
Opppps, Larry did it again. Great video and information.
As always Larry fantastic content which breaks new ground both in style and content.
Great to hear your opinion on cryptos. Thanks Larry :)
Larry simply amazing, will be attending the Future Course, looking really forward to it ^^ )
That pattern fallen Angel that true ...I had bad teachers on start trading , losst all ...long term relationship , money and in long term dept`s ...that was 5years ago and just now like covid started I going back on my feets ! Stay positive everting is just temporary :D !
Sir, I have some questions and I'd be very helpful if you reply.
What are the conditions for Fallen Angel Pattern?
What's your view on hidden divergence? Also know as reverse divergence and reversals thought by Andrew Cardwell and his RSI methodology
In come cases, Regular divergence is followed by hidden divergence, which one should we prefer?
How to choose the correct timeframe?
Some timeframes are much more dominant than others.
How to know if a stocks is about to go in a longer consolidation? And how to know is about to go sideways?
Thanks alot, great content!
@@blazetrader Thanks you very much for replying, sir.
Great presentation Larry! Informative as always.
I wonder if bitcoin ever unwinds, how much it will effect NVDA, and semi stocks that are part of the coin finding.
Most of the ETF symbols you posted, with the exception of GBTC, don't show as available in my brokerage? Help!
Larry the great teacher!
Nice work (as usual!) Larry. I like they way you fleshed out "being smart" vs. making money and the fact that emotional markets are the best to trade. Fully agree! Dave Landry AKA The Trend Following Moron
🤯🤯🤯
Thanks 🍻
Very strange you avoid trading Bitcoin Futures as you are a Futures Trader for decades it's like you're afraid of volatility
So much current info out there on crypto Market size which is about 2.12 trillion dollars why are you using figures that are 3 years old its no longer 800 billion. Very outdated
Lol wasting energy "trying to find Bitcoins" how adorable
Don't bother kids. These assets will eventually go to zero.
A lot can happen between now and eventually.
You're probably right. However, I'd rather make money than be right. Crypto, as Larry pointed out, is an emotional market. And, those are THE BEST markets to trade. You DO have to be prudent and practice proper money and position management. I make small bets, take partial profits, and trail my stops higher. If you want to be a trader, you'll have to learn how to trade the emotions of others (while embracing your own). Also, as I preach, "don't confuse the issue with facts." Yeah, they're probably all BS, but who cares? Looking smart and making money are often two different things. I was once called a "trend following moron" by a famous trader (who was fighting the market at the time). Initially, I was hurt. Now, I embrace the title.
as controversial as it is to say, I agree with your statement in regards to bitcoin. but for coins like ethereum and solana that actually have real world utility? no way. blockchain tech is the future of the internet. Will ethereum or solana still be around 10-20 years from now? I dont know for sure, but I'm willing to bet that they will be.
That Guy is here. Do yourself a favor, take a deep, deep dive in crypto. Then study some more. You will realize this is truly the wave of the future and they are as inevitable as the internet
@@herbs814 "All predictions are about the future, and a lot of stuff can happen between now and then." Greg Morris. On another note, I know some famous people out there who have been poo pooing Bitcoin since it was in the low thousands. Yeah, it might go to zero eventually, but they missed one hell of a ride!