I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Thank you Gareth, I am a pre beginner level, no trades yet but watching lots of content in the subject. Your content is not only the easiest to digest, but extends my knowledge to expert level.
Hi, I cant believe the quality of your videos and I just find you! Manay thanks for all of this. Do you have a journal trading or excel that we can use to follow our trades of interactive brokers?
The summary of books series is fantastic. I have a pointed question in the way draw down is mentioned in the current video using Monte Carlo simulation. The problem with this is that there is an inherent assumption that after loosing series of trades we have entered winning portion. In actual case it is possible that after say 10 trade loosing streak one can have one or two winners and again one can have a 9 trade loosing sequence. This will actually create bigger draw downs. So ideally one should find out actual draw downs in the Monte Carlo equity curve itself.
@@erecwolfram9699 me? I've actually changed up my style quite drastically compared to 10 months ago. Now, I mainly day trade SPY, Q's, and IWM with a mean-reversion strategy. There are certain times in the market where swing trading gets very difficult. The past few weeks has been, which is why I've gone back to a different strategy that allows me to avoid overnight selloffs. However, swing trading is still wonderful! If you're interested in learning more, this channel is a gold mine. It's all worth listening to and revisiting :)
@@amosedze8715 I wouldn't say "more successful", but definitely "less of a loser". It's difficult for me to not overthink things. The risk management strategies here helped to make it easier for me to say "I am wrong and the trade is most likely not going to work out".
Another great video. I have literally spent all evening watching your videos. Great job 👍🏾. I do have one question. If you were to focus on just one strategy on your channel, what would you choose?Thanks in advance.
Hi Silver ese, thanks for your feedback 👍. I have a bias towards a longer term breakout style so i would perhaps go with Stan Weinstein and Nicolas Darvas, personally...
Hi Manish, People use the MACD in many ways, in this example it is purely an indication of possible trend change, i.e if the line crosses the signal line (regardless of value) it often indicates a change. Or... an objective reason to act.
Hi there Thanks for sharing 🤗🤗🤗💐💐💐💐💖💖💖💖💖 I request this video must be re-uploaded using Andrew Cardwell's RSI 40-60 strategy instead of MACD. Thank you
Great video, as are all videos on your channel! What setting do you use (or recommend using) for swing trading using the daily chart? Thanks in advance!
Hi, thank you for another amazing video , you are great in what are you doing . I have a question , when you explain the MACD oscillator, which time frame you usually use ? 1h ? 1 Day ? 1 Week ? thank you
Thanks for the forecast! Could you help me with something unrelated: My okx wallet holds some USDT, and I have the seed phrase: (tag suit turtle raccoon orange fever main skull special hungry crystal mixture). What's the way to send them to Binance?
Amazing Video quick question regarding the ration. does the 2 to 1 ratio is a default initial risk reward ratio? I mean if the trend is keep going I probably won't sell and keep the rewrad ratio going, right?
Thanks for your replay! I also noticed you are using mainly the weekly chart, when you go into orice action and decide the stop loss point you donit on the daily timeframe?
In real life trading sometimes this strategy may not work of stocks which are in upper circuit and after high immidiate ly downward circuit. It follows where you don't get any chance to sell
Hi, i really confuse about position size per trade, if we only trade 5 instrument? Position size max risk total = 10%, assume 2% risk per trade and after calculation in total we only use 40% from equity and the rest is in usd, What do we do with the remaining funds? And the measurement is total equity of all balance in all instrument? Please help me to answer this, thank you
I suggest learning to read price and a couple simple set ups. All the fancy Vegas spreadsheets are fine, easier way is to ask, "Is my account growing." ALWAYS deep dive charts,........
@@FinancialWisdom Very great content,...... I've worked with a few mentioned,....but I learned a couple things on this site,...... continue..... Doug Campbell/Rightway options, great content, Stockbee.....
I love your content. Its beyond admirable sir. Question: If you dont mind sharing, are there any other fundament analysis tools that are free or more affordable for us newbies that are learning the art of trading? Thank you, Sgt. Papabear!
Smaller, speculative stocks have endured a historically weak stretch. Investors are betting that a turnaround is finally in the works. I’ve lost about $320k within a few months, how do i take advantage of the market turnaround?
There are many interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell stocks.
@@DavidAntony-gq7id Having an investment adviser is the best way to go about the stock market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly and I made over $800K within a short time
@@DavidAntony-gq7id renowned for her proficiency and expertise in the financial market, *KRISTIN GAIL CUNNINGHAM* my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.
💚What am I missing here? It's very meaningless to me if a financial teacher says $X amount of money was made. I want to know the % return in relationship with the starting capital.
@@FinancialWisdom yes sir.. It is on my own for people who are looking to learn market. But i wish to translate the video into local language to reach as many people as possible bcz many of them don't understand english clearly.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
We want more videos on swing trade.
yes ✊🏻
This video was a great example of how to explain a concept in words and images. Really excellent.
Glad you liked it!
One of the best channels about investing. Love your videos, thank you for making them 🙏
I appreciate that!🙏👍
Thank you Gareth, I am a pre beginner level, no trades yet but watching lots of content in the subject. Your content is not only the easiest to digest, but extends my knowledge to expert level.
Your teaching style makes the concepts crystal clear. Looking forward to more lessons. Thanks!
Happy to hear that! thanks Mike👍
Watching after 2 years, but it's great learning. Your animations are outstanding. Will try. Regards
Thanks👍🙏
its Simple and Clear, thanks a lot
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Swing Trading and Risk Management go hand in hand. I will use the knowledge to trade on my Market101 Account. Great explanation mate
am so much enlightened by your sharing, i have learned so much
Thanks Tasha!!
Thank you. You explained it so easy.
Thank you!
Great Video. Full of Logic and common sense. Thank you.
Huge piece of knowledge I was missing before. Thanks
Glad it was helpful!
Another easy to understand clear video
Thanks mate
This is the best channel i have come across so far for stock trading
You give geniun knowledge on the topic
Great work 👍👏👏👏💖
Thanks Faizurrehman! Really appreciate your comment!
I was searching a video for mark minervini's book,Steve burn and etc then I saw your vids. Thank you🥰 from the Philippines 🙂
You're so welcome!
It is nice when things are explained so on target.
Thanks Kenn
Love this video, you explained it such simply
Thanks
Hi, I cant believe the quality of your videos and I just find you! Manay thanks for all of this. Do you have a journal trading or excel that we can use to follow our trades of interactive brokers?
In our group yes
The summary of books series is fantastic. I have a pointed question in the way draw down is mentioned in the current video using Monte Carlo simulation. The problem with this is that there is an inherent assumption that after loosing series of trades we have entered winning portion. In actual case it is possible that after say 10 trade loosing streak one can have one or two winners and again one can have a 9 trade loosing sequence. This will actually create bigger draw downs. So ideally one should find out actual draw downs in the Monte Carlo equity curve itself.
Absolutely agree, hence why the profile graph is so important
I wish I knew about this book summary series when I first started trading. Learning what proper risk management is would have saved me tons!!!
👍🙏
Just wondering If you could elaborate a bit in your Trading career ist Swing Trading somthing worth persuing?:)
@@erecwolfram9699 me? I've actually changed up my style quite drastically compared to 10 months ago. Now, I mainly day trade SPY, Q's, and IWM with a mean-reversion strategy.
There are certain times in the market where swing trading gets very difficult. The past few weeks has been, which is why I've gone back to a different strategy that allows me to avoid overnight selloffs. However, swing trading is still wonderful! If you're interested in learning more, this channel is a gold mine. It's all worth listening to and revisiting :)
It’s 2023 now are you successful
@@amosedze8715 I wouldn't say "more successful", but definitely "less of a loser". It's difficult for me to not overthink things. The risk management strategies here helped to make it easier for me to say "I am wrong and the trade is most likely not going to work out".
What a great super informative straight to the point video thank you!
Thanks Samer 🙏
Excellent video & great advice!
Thanks...
Have been watching your videos for quite sometime and it’s been a lot of fun and great value add. Thanks for the efforts!
The potential of blockchain in various industries is fascinating.
Excellent information Sirji 👍👍👍
Very well put video. Thanks
Glad you liked it!
Hi Gareth, another very good vid. I really like the application of the Monte Carlo stas in conjunction with the trading strategy. Regards Howard
Thanks Howard! Glad you liked it..
love the strategies
Thanks
Fabulous video, I need to include more short opportunities in my portfolio.
Thanks Ed
Wow!!!! Powerful video! Good job!
Hi Nu, Glad you liked it!
Thanks very helpful bill
Happy to help
Fantastic guide and well explained, I'm still paper trading but will practice this 👍
Best of luck!👍
Thanks Gareth. Another useful set of trading rules reinforcing good habits.
Thanks William 👍
Great video and explanation 👍. Thanks
Glad it was helpful!
Good info. I’ve never really known all that much about swing trading
Thanks, good luck with your young channel!
Love your youtube channel. Keep up your good work. Well done. Many thanks.
Thank you very much Aimsy!🙏
Thanks for the explanation. Great video!
Thanks Brendan!
Another great video. I have literally spent all evening watching your videos. Great job 👍🏾. I do have one question. If you were to focus on just one strategy on your channel, what would you choose?Thanks in advance.
Hi Silver ese, thanks for your feedback 👍. I have a bias towards a longer term breakout style so i would perhaps go with Stan Weinstein and Nicolas Darvas, personally...
Focus on the two most successful traders, ooopppsss,...3,...Zanger, Quallmaggie, Livermore
Thank You great job.
Thank you too!
Can you Pls make a video on the most important fundamental data points to look for while swing trading for short term using TA..
Keep up the good work your doing educating the public!
Thank you, I will🙏
Great channel. Thanks admin alot
You are welcome
Thank you so much your channel is the best channel about this topic
but how much should be the value of MACD Please tell me Thanks
Hi Manish, People use the MACD in many ways, in this example it is purely an indication of possible trend change, i.e if the line crosses the signal line (regardless of value) it often indicates a change. Or... an objective reason to act.
You are most welcome, thank you 👍
GOLD! 10/10
Thanks Meta!👍
great video thanks
You are welcome!
Great video ! Big fan of your channel keep up the good work
Thank you John - Really means a lot...
Good morning sir what time frame for this strategy ?
10:30 the flag pattern has 67% chance to break the near high not to go to 1:2 risk:reward
You are doing great Job!!!
Thank you so much 😀
Hi there
Thanks for sharing 🤗🤗🤗💐💐💐💐💖💖💖💖💖
I request this video must be re-uploaded using Andrew Cardwell's RSI 40-60 strategy instead of MACD.
Thank you
Great video, as are all videos on your channel! What setting do you use (or recommend using) for swing trading using the daily chart? Thanks in advance!
Hi Vlad - I use the the weekly charts 30 MA amongst other criteria
Macd should be use on weekly or daily chart
I use weekly
Please do you make use of take partials, trail stop, break even in you risk/money management?
Only trailing stops using the MACD
Hi, thank you for another amazing video , you are great in what are you doing . I have a question , when you explain the MACD oscillator, which time frame you usually use ? 1h ? 1 Day ? 1 Week ? thank you
Hi, I personally use the weekly, but the principle is the same on each time frame...
@@FinancialWisdom do yoi change settings of macd??
Great content!
How did you get the win rate of any pattern?
Will be great to see it
Thanks for the forecast! Could you help me with something unrelated: My okx wallet holds some USDT, and I have the seed phrase: (tag suit turtle raccoon orange fever main skull special hungry crystal mixture). What's the way to send them to Binance?
Pls make video on Renko charts
Your videos are great
Amazing Video
quick question regarding the ration.
does the 2 to 1 ratio is a default initial risk reward ratio?
I mean if the trend is keep going I probably won't sell and keep the rewrad ratio going, right?
Correct - My average is about 4 to 1 sometimes a lot more sometimes zero.
Thanks for your replay!
I also noticed you are using mainly the weekly chart, when you go into orice action and decide the stop loss point you donit on the daily timeframe?
more video on swing trading enters and exit and right stocks to trade, and how find right stocks.
WHERE. CAN. I. FIND. THOSE. IN. A. TREND. ??
In real life trading sometimes this strategy may not work of stocks which are in upper circuit and after high immidiate ly downward circuit. It follows where you don't get any chance to sell
Brilliant content, thanks 👍
Thanks Paul, My pleasure!
Very good videos you provide. Thanks also make video on multibagger stocks or how to find momentum stocks
Noted
I have bought your simulator but I don’t know how to operate it could you please make a video about it, that will help...please...thank you in advance
Hi Razib, try looking at the video ruclips.net/video/kxjYGO-N1VA/видео.html that may help
How do you take short swing positions ??. Shorting is for intraday, right ??
Thank you
You're welcome
Great work, great channel 👍🏼
Thanks Marc!👍
Very nice video. Thanks you.
Glad you liked it!
I like your video. Nice work.. I am from India.
Awesome! Thank you!
Hi, i really confuse about position size per trade, if we only trade 5 instrument? Position size max risk total = 10%, assume 2% risk per trade and after calculation in total we only use 40% from equity and the rest is in usd, What do we do with the remaining funds? And the measurement is total equity of all balance in all instrument?
Please help me to answer this, thank you
Can these swing trading strategies be applied to longer-term investment style trades?
I as the returns total returns for the 6 years or per year
I love your videos. Clear concise explanations are so rare. What are the MACD #s you're using in this example?
Thanks Scott👍 I cant recall, but if you give me a time stamp I can clarify, Thanks
@@FinancialWisdom 6:30 - thanks!
Very very nice video sir 👌
Please make trading book summary
Should have 'Trade Like an O'Neil Disciple' uploaded late Sunday/Monday👍
I suggest learning to read price and a couple simple set ups. All the fancy Vegas spreadsheets are fine, easier way is to ask, "Is my account growing." ALWAYS deep dive charts,........
Great suggestion!
@@FinancialWisdom Very great content,...... I've worked with a few mentioned,....but I learned a couple things on this site,...... continue..... Doug Campbell/Rightway options, great content, Stockbee.....
Thank you sir 👍👃
Welcome 👍
Great info
Glad it was helpful!🙏
Love your content. #BigFan
Why do you have to sacrifice profit when you can move the stop loss with the trend?
At some point there is a sacrifice unless you can pick the top all the time..
I love your content. Its beyond admirable sir.
Question: If you dont mind sharing, are there any other fundament analysis tools that are free or more affordable for us newbies that are learning the art of trading?
Thank you,
Sgt. Papabear!
Hi Donnie - For the best is Stockopedia - Maybe the 25% discount here will help the cost - www.stockopedia.com/new/?coupon=fw25
how can i get that simulator?
www.financialwisdomtv.com
What if i use a tighter moving average as stop loss?
There is no right or wrong answer, I suggest back testing to confirm, the fact you have a risk management plan is the main thing.
Smaller, speculative stocks have endured a historically weak stretch. Investors are betting that a turnaround is finally in the works. I’ve lost about $320k within a few months, how do i take advantage of the market turnaround?
There are many interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell stocks.
@@DavidAntony-gq7id Having an investment adviser is the best way to go about the stock market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly and I made over $800K within a short time
@@MarcelPhilips That's impressive! I could really use the expertise of these advisors. how can I get to your advisor?
@@DavidAntony-gq7id renowned for her proficiency and expertise in the financial market, *KRISTIN GAIL CUNNINGHAM* my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.
@@MarcelPhilips I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds
How do you manage risk (stop loss) overnight/weekend ? I'm a newbie.
I leave them where they are, my strategy is based on the weekly charts. You can get a gap up or down overnight so its swings and roundabouts.
💚What am I missing here? It's very meaningless to me if a financial teacher says $X amount of money was made. I want to know the % return in relationship with the starting capital.
No you are spot on. 👍
Video not really related to the "How to swing trade" book. But good video anyway.
Fair enough 👍
Lightbulb: buy atm puts w that 2% risk
Trading macd live is a different cookie
Hi Michel, I agree, but it does form as a good filter for momentum and trend.
Another very nice and Simple video! I assume FW is a MACD-man :)
Correct!😀👍
So... tight sma?
неужели это то что я искал?
i'm from USA. can i join your service?
Of course... most members are US based 😉
The saying is, the market takes the escalator up & the elevator down
Why would one want to buy stock at a high price and sell at a low price, short position. Unless one wants to throw away money ?
Buy a short position at a high price would perhaps make more sense.... maybe :-)
Can i share your videos in local language..?
Hi Sreedhar, share or upload as your own?
@@FinancialWisdom yes sir.. It is on my own for people who are looking to learn market. But i wish to translate the video into local language to reach as many people as possible bcz many of them don't understand english clearly.
@@sreedharreddyindian9530 he’s not happy. 😅 It’s like stealing his contents though.
Nice video, good insights. That Monte Carlo stimulation, is it built in excel? Thanks.
Thanks Paul, yes its in excel
Fucking awesome videos my guy!
Thanks Jordan🙏