@@RichardMoglen Thanks for having me on. Still can't believe we got a Stan Weinstein interview right after our interview as well. Great for people who are interested in Stage Analysis
@@nextbigtrade agree, what a bonus. Interesting to hear on the Stan interview he now seems to use the 200dma more than the 150dma. But I was unclear from his interview as to why he felt the need to change. Whichever works best for your own personal system, but was curious all the same. Many thanks for all you’ve done with regards to your own journey with stage analysis and your own content. Great interview
I just wanted it again. I love Stan Weinstein and Eric Wish for the simplicity of their methods and explaining to non-professionals like us. The only question I have is that sometimes in stage 2 stock is 30-40% above 150-200 day MA and it is too much to lose if we wait for them to drop below 150-200 day. Are there any earlier signals?? likes drop below 50 day with volume and may be an end of week close below 50day or something?? Thank you Richard for the great content to always put it out here!!
Justin, Your website and videos have been very helpful for me over the past year! Looking forward to seeing your market and stock feedback on your channel
Found your channel recently, and have learnt so much from the roughly 10 videos I've spent the time watching & taking notes from, really great questions & long form interviewing with such humble guests.
The 40-week SMA is my favorite but I also like to have the 30-week SMA and 10-week SMA on my charts as reference points. I feel like the 40 week (200 day) has less whipsaws than the 30 week so that might be why Stan focuses more on the 200 day now (plus the 200 day is more widely followed than the 30 week). I agree you should use whatever works for you.
great interview very informative. I have a question ? Justin said that he views the weekly but follows the daily to make all his decisions because the weekly is boring Tthe daily is Better clarification. so does he follow the 30-week MA and relative strength on a daily to make his decisions?
So do our daily ema and MA automatically convert to weekly moving averages when looking on a weekly chart? If so which daily moving average becomes the 30 week and or the 10 week?
Very great video, Richard. Can I suggest u an idea for a video? I would like, and I think that people would like, see a video about how to count bases in the charts. Thank u so much and have a great day!!
I did use the word like too much I agree with that. But don't think it made the interview unwatchable, in fact I thought it was a great comprehensive interview.
It would be really neat to see how applying stage analysis on a leveraged ETF would compare to the current US investing championship rankings. I tried to use some python but I am not smart enough yet
Richard: Your interviews are very good and much appreciated. But, I have to say, the interviews are stock buying oriented. Do you plan on talking to option traders?
@@RichardMoglen The most obvious one to me would be Dan Sheridan from Sheridan Options Mentoring. However what his availability is, and whether he would sit down for an interview is up in the air. Also just what he would reveal is questionable. Two "gurus" who seem to make themselves available are Tom Sosnoff from tastytrade, and Tony Zhang from Options Play. Other possibilities would be Kirk Du Plessis from Option Alpha. Sasha Evdakov calls his website Traders Fly. These last two names may be interested in talking in an effort to promote their sites. Brian Overby from Ally investments. Dan Passarelli has written a well thought of book about option greeks. He has a website name Market Taker Mentoring. A very well known option trader is Jon Najarian. And just inquiring at the CBOE should get some interest
Holding a stock in a stage 4 means you are arguing against the market and hoping. If the company is going to be a multibagger it will set up again with a entry setup from a proper base. It’s about managing risk.
« Please don’t say ‘like’ again… Please … » « Naaaaa !! He said it again !! Twice in 2 seconds ». Sorry, past the first 15 minutes I simply could not concentrate on what was being explained. It’s just to many « like » for a man like me. Too bad because the guy’s interesting. But once you’ve locked on the verbal pattern, it’s just can’t undo it.
I hope you guys enjoy! I think every trader/investor should learn about stage analysis. Leave a like!
At 23:30 he is mentioning about a site where he looks for the stock volume, could you please list the site that he mentioned there
This turned out great just watched the whole thing. I hope everyone enjoys the video!
Thanks for coming on Justin!
@@RichardMoglen Thanks for having me on. Still can't believe we got a Stan Weinstein interview right after our interview as well. Great for people who are interested in Stage Analysis
@@nextbigtrade A Stan Weinstein Interview! That would be amazing. Is it posted yet?
@@nextbigtrade agree, what a bonus. Interesting to hear on the Stan interview he now seems to use the 200dma more than the 150dma. But I was unclear from his interview as to why he felt the need to change. Whichever works best for your own personal system, but was curious all the same.
Many thanks for all you’ve done with regards to your own journey with stage analysis and your own content. Great interview
@@seismo101 where is the Weinstein interview posted?
If I had to read only one trading book, it would be the one mentioned in this video. Stan Weinstein is the reason why I'm still trading today.
Great book!
Stan Weinstein’s book changed my life as well. I truly believe for $25 it’s worth a college education.
Timestamps:
0:00 Intro
0:47 Justin's Background as Engineer, Trading Journey
2:06 Early Mistakes, Losing Money
5:30 Basics of Stage Analysis
6:40 The Stages
8:35 Euphoria Cycle
10:00 How to determine what stage you are in
10:41 Focus on stocks in stage 2 uptrends
13:50 Ideal Buy Point for investors
16:00 Overhead Supply
17:25 Ideal Buy Point for Traders
19:01 How do you manage positions using Stage Analysis
21:45 Tracking positions on a weekly chart
22:44 Early Entries, need volume
24:59 IPOs using Stage Analysis
29:00 Stock Selection using Stage Analysis
29:25 Market Cap, Float
31:58 Volume Stockcharts Screen, Stock selection
33:00 Batting Averages, Holding Periods,
38:00 Tracking Sectors
39:30 TSLA Analysis
41:50 How many positions
45:39 Recommended Books
48:00 Buying late in Stage 2 uptrends
49:41 Draftkings Analysis
51:25 TIGR Analysis
53:12 Determining Pivot Points
54:00 UPST Analysis
59:10 RBLX Analysis
1:00:00 Comparing Crypto, stock moves
1:04:30 Intraday Charts
1:05:29 CELH Analysis
1:08:44 SLV Analysis Commodity
1:10:00 S&P Stage 4 downtrend
1:12:00 AMC Stage 2 breakout
1:22:12 FSLY Analysis
1:25:00 NUE analysis
1:30:00 Forest to the trees concept
1:32:50 Advice for new traders
I just wanted it again. I love Stan Weinstein and Eric Wish for the simplicity of their methods and explaining to non-professionals like us. The only question I have is that sometimes in stage 2 stock is 30-40% above 150-200 day MA and it is too much to lose if we wait for them to drop below 150-200 day. Are there any earlier signals?? likes drop below 50 day with volume and may be an end of week close below 50day or something?? Thank you Richard for the great content to always put it out here!!
Hi, Can you please spell the second name "Eric Wish". Couldn't find any thing in internet.
Justin, Your website and videos have been very helpful for me over the past year! Looking forward to seeing your market and stock feedback on your channel
Thanks Mark!
Another great video! I learned a lot from both of Justin's videos.
Found your channel recently, and have learnt so much from the roughly 10 videos I've spent the time watching & taking notes from, really great questions & long form interviewing with such humble guests.
Welcome aboard! Thanks Andrew
Its a good interview to understand basic level of stage Analysis.
Thanks Richard and Justin Smyth.
Keep up the great work.
Our pleasure!
Good stuff, I always learn from these interviews I like how he keeps things simple.
Great to hear that!
I am following both of you on Twitter. I think your content is very helpful. Greetings from Germany.
Awesome! Thank you!
Gorgeous interview with both of you guys. Thanks a lot!
Our pleasure!
Thankyou Justin and Richard. Amazing interview.
No problem!
Amazing Richard. Thank you so much. Was great!
Glad you enjoyed it!
Finished 2nd reading of Weinstein’s great book last week, listened to his interview and watched this great video now, excellent. Thanks to you both. 🙏
That’s great!
Thanks Tony!
Really enjoyed the interview. Probably a game changer for myself as a new trader
Glad to hear that Tim! I'd recommend Stan's book
I have watched this 2 times already and I am getting ready for a 3rd viewing. Excellent interview with an excellent interviewee...
Thanks Robert! make sure to check out the other interviews as well!
Thanks Robert really appreciate that comment!
well done Justin. I spend a great deal of time checking for quality stage one stocks for my watchlist
Great interview he broke it down so well. I 'm presently reading stans book.
great interview very informative. I done with Weinstein's book and there are great reads.
Christopher Brooks not sure why Stan Weinstein changed but I think whatever works for you is what you should use. I like the 30-week EMA currently.
The 40-week SMA is my favorite but I also like to have the 30-week SMA and 10-week SMA on my charts as reference points. I feel like the 40 week (200 day) has less whipsaws than the 30 week so that might be why Stan focuses more on the 200 day now (plus the 200 day is more widely followed than the 30 week). I agree you should use whatever works for you.
great interview very informative. I have a question ? Justin said that he views the weekly but follows the daily to make all his decisions because the weekly is boring Tthe daily is Better clarification. so does he follow the 30-week MA and relative strength on a daily to make his decisions?
Thanks Richard & Justin, this was a great interview. Justin gave some great insights!
Thanks glad you enjoyed the interview!
Wonderful Interview Richard, thank you
Thanks for watching!
Get your popcorn ready.......I am sure this is going to be great!
Thanks Jim!
So do our daily ema and MA automatically convert to weekly moving averages when looking on a weekly chart? If so which daily moving average becomes the 30 week and or the 10 week?
150 was mentioned by Richard I believe which would, I assume, make the 10 -> 50 :)
You just keep delivering amazing content!👍🙌
Great to hear that!
Great interview, Stan weinsteins book is amazing!
It really is!
Very great video, Richard. Can I suggest u an idea for a video? I would like, and I think that people would like, see a video about how to count bases in the charts. Thank u so much and have a great day!!
Excellent questions and answers
what is relative volume - how to see it on trading view and how to analyse is ?
What is the website at around 23:34 he says he looks to see volume
I use finviz and stockcharts
Great interview❤❤
Does anyone know of a good Stage One screener by any chance?
What class at UMd did you take? I’m a student there
Dr. Eric Wish's Course
What software are you using? 👀
Very much a method man. It works!
What a great interview!
Please interview David Rayan
Where did he say he is watching volume changes?
Hi Janis could you clarify your question. We discuss volume all over this interview
thanks a lot,great job!
Boy oh boy, if Justin could have not used the work 'like', that would have been a great listen & watch. Thanks Richard really liking your content
I did use the word like too much I agree with that. But don't think it made the interview unwatchable, in fact I thought it was a great comprehensive interview.
It would be really neat to see how applying stage analysis on a leveraged ETF would compare to the current US investing championship rankings.
I tried to use some python but I am not smart enough yet
Thanks a lot!
You're welcome!
Great point early on. Said he wasn't following his rules and listening to the market!
It’s something we all learn to do
Richard:
Your interviews are very good and much appreciated.
But, I have to say, the interviews are stock buying oriented. Do you plan on talking to option traders?
Thanks Fran, I plan to have options traders on as well. Any suggestions?
@@RichardMoglen
The most obvious one to me would be Dan Sheridan from Sheridan Options Mentoring. However what his availability is, and whether he would sit down for an interview is up in the air. Also just what he would reveal is questionable.
Two "gurus" who seem to make themselves available are Tom Sosnoff from tastytrade, and Tony Zhang from Options Play.
Other possibilities would be Kirk Du Plessis from Option Alpha.
Sasha Evdakov calls his website Traders Fly.
These last two names may be interested in talking in an effort to promote their sites.
Brian Overby from Ally investments.
Dan Passarelli has written a well thought of book about option greeks. He has a website name Market Taker Mentoring.
A very well known option trader is Jon Najarian.
And just inquiring at the CBOE should get some interest
MSFT is a stage 3 top right now headed to stage 4. Calling it
You were right - nice call!
Thanks Brother
Selling when you think you are in Stage 4 can put you out of multi-baggers in the making.
Holding a stock in a stage 4 means you are arguing against the market and hoping. If the company is going to be a multibagger it will set up again with a entry setup from a proper base. It’s about managing risk.
👏🏼👏🏼👏🏼
20/50 MA > 30/50 MA
« Please don’t say ‘like’ again… Please … »
« Naaaaa !! He said it again !! Twice in 2 seconds ».
Sorry, past the first 15 minutes I simply could not concentrate on what was being explained. It’s just to many « like » for a man like me. Too bad because the guy’s interesting. But once you’ve locked on the verbal pattern, it’s just can’t undo it.
Theo Von's millionaire cousin
Go Terps