When you read articles about financial freedom, you may hear people talk over and over again about how they spend next to nothing to be able to retire at a younger age like 30. Instead, they may have already achieved financial freedom and boast about how frugal they were in order to retire well before the typical retirement age.
Planning for retirement, or even financial freedom, is a marathon and not a race, as the saying goes. Breaking your financial independence goals into small pieces can help you stay on track while making the process a little more manageable and hopefully a little less stressful. Even if you are starting small, the important thing is to start. The investment creates a safe haven for the future. Everyone needs it so you don't go bankrupt when you stop working
The first level of financial freedom is creating an emergency fund. Ideally, this will also include paying off any credit card debt. Unfortunately, living paycheck to paycheck is the reality for millions of Americans. I think I like to play again with the stock market, any recommendations?
I don't really make recommendations, I just invest for profit and mind my own business, but I would do it for a reason and it is for the betterment of all.
Would you mind sharing information about the advisor who helped you? I am now 39 years old and would love to grow my stock portfolio and plan for my retirement.>>>
THANKS. Just what I needed to watch. My husband and I are administrators of our farming business and our own properties, as well as small pensions. I am almost 56, my Wife is 52. We have started saving for retirement from the farm and maybe live off rental income, I would really appreciate it if you would do a video on how to earn passive income online and retire comfortably let's say 1 million bucks.
@@svengrot7943 It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into investment advisors for a strategy that suits your timing.
@@lisaollie4594 I totally agree, I'm 50 and just retired with about $900k in outside retirement funds, no debt and very small dollars in retirement funds compared to my balance of portfolio over the past 3 years to date. tbh, the role of the invt-advisor can only be overlooked, not denied. just do your research to find a reputable one.
@Stanley Edwin She is KAITLIN ROSE STERNBERG, my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about her online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
As with an my big financial decision,it’s important to keep your guard’s up for economic risks. However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe
@@hermanramos7092 yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, ''Christine Jane Mclean'' she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
@@sherry_smith_penson ''Christine really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
Great video. I do have a question, though. I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading. How do I make the right moves to grow my currently portfolio of almost 300 grand from prevent further market decline?
This is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. That is how people are able to make such huge profits in the market.
For real, people underestimate how much they can rake in from the stock market. Started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.
Sharon Louise Count is my Advisor. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to build generational wealth, and cultivate financial knowledge, you must be in the market.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 2.8million.
Well i won't say i have........His name is "Nolan Velden Brent" can't divulge much. Most likely, the internet should have his basic info, you can research if you like.
So ashamed but thankful. Maybe I need to rethink everything. Was seeing some consistency but hit max loss early today and kept going down to -5R. Walked away from laptop and changed oil, grabbed some food, cooled off emotionally and mentally and kept trading back to only -2R and walked away again. Then came and broke yet another rule buying weakness of pullback and BOOM.... Biggest day ever for my account gaining more than 21x what I risked. Thank you LGVN
*EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️... IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING*
The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.
Anyways not actually, what I know about trading almost on zilch lol. I make huge profits on my investment since I started trading with an Expert her trading strategies are top notch coupled with the little commission she charges on her trade.
I have my funds very well diversified, though I did it using copytrading system from the advisor Wendy Roger,a FINRA licensed and regulated broker from the ULCA Anderson in the US.
I realize ... that after I watched this video again months later that I only now understand every single aspect and I feel every single aspect. this shows me that I am on the right track. Process works!
The great saying in the stock market "Keep it simple Stupid" really hit home in this interview. Trading is difficult enough so keeping it simple will be more profitable than trying to use a 1000 different indicator to confirm a trade.
Discipline is very important. You don't need to trade every day. I spent an insanely amount of times on Trade Ideas for a year and now I see with one view, if it will be a good day. That is freedom. Just trade, when the market is hot!
Bro, the first 3 minutes of this might have just changed my life. I just started trading, and I haven’t even had any big losses, but I have missed HUGE gains, for exactly what he just said. You bail out even though you know you’re willing to take a certain amount of risk. Ouuuu that pisses me off at myself lol.
if you just started do not discount yourself and start tracking now. even if its just -ticker, pattern you were playing, risk, gain/loss. just to track over time what you're good at. thats the key here. source: 5 years in over here. more detailed info can come later but its SO critical to weed out whats taking money from you. tradervue is also a good option
the price ts going to get close to your stop sometimes.. thats just how it goes. however the market shouldnt go directly against you immediatly after you make the trade. if thats happening you have other problems.
I will forever be indebted to you, you've changed my whole life I’ll continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs Adria Siewert.
I invest with Mrs Adria Siewert too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
I’m incredibly consistent. But my single red days crush my string of green days. This is the hardest part for me. Not accepting a red day and over trading outside of my favorite setups to try and make the money back
when you get a set up you like , you should enter no matter what , I don t think there is such a thing as over trading , is a job , as long as your mind is on the right place . You should considered once you hit the SL wait at least 15 candles to enter again in the same ticker as a rule .
Redefine your setups, ur setups may be ur issue. Look for volume in ur setups before entry, if the risk to reward is not at least 1 to 2,forget it, and wait for the next setup.
Learning a good trading strategy can make anyone consistent profits and withdrawal from the stock markets. I made 6 fig today from the financial markets.
I agree with this idea of skewing bet size towards the best risk/reward trades. I even use this in profit taking when layering out at various levels. For example, carefully pre-arranging on a spreadsheet how many shares to sell at each level, with share quantity going up logarithmically at each linearly higher price level. This has worked wonderfully, using lots of limit orders placed ahead of time to take advantage of even brief moves in my direction. It is a great feeling to have all this fall in place so perfectly on a big important trade, to sell larger and larger quantity as price climbs on a blowout day.
Well explained, this is a game changer, I have been looking for the best way to increase my income and start up my retirement, but I really do not know much about investments and trading stock. I keep postponing every single day that passes, but I want to begin now. How should I start? What do I need to know?
Have you considered getting the services of a professional? When I was a beginner that was all I did and my finance went from bad to excellent. Now I can do some investing and trading by myself because I learnt also. You too can do same.
I have done some research, and what I need is an excellent financial advisor to assist me with what I want to do. A good recommendation will do. Thanks.
I know of a professional dedicated to a mission: make investing and trading available to everyone! Her name is Dawn Maureen Humphrey, she is a financial advisor and a licensed portfolio manager. If you feel like you want to invest and stop living from paycheck to paycheck, The process is very straightforward, contact her and learn more about investing and trading, while making money with her assistance.
@@Johnlarry12 I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away.
Huddie is awesome. I met him in NYC riding the elevator to a rooftop bar for a trader get-together (btw, Alex, that was the same night I met Scott). We talked about BPTH... what a blast!
This dude is way to eager to reply. Good on you to have patience during the interview. Nevertheless, it was some good insight to the mindset of a profitable trader.
This video is gold. I really enjoyed the part where he talks about the danger in cutting winners short and taking profits too soon versus taking losses before they have hit the stop loss. It all reinforces the need to have a trading plan that you can consistently adhere to and respect.
These videos motivate me like no other. I need to take this more seriously again and find my set up to become consistent. Definitely journaling could help meditation could help I'll do whatever it takes. I wish I could find a group of some serious traders to be in contact with
FInd a community. You have to pay for most of the good one's, but feel them out with their free trials. After you find one you like look for the hungry learners and those who trade your style. Thats the best way I have found traders to grow with.
He talks really fast... but lots of good points. I appreciate the sentiment that you don't need to make money in every way possible. Who cares about one investment when you're doing great in another. So many distractions from the main stream that steer us off course making us think we need to show off or gesture in every arena. No, stick to what you are good at and go with whats working.
I saw Huddie in 2018 at a conference speak when he was building his base and found him inspiring then. I enjoy how he boils things down to simplicity and calls things as they are. Great interview, and great guidance. Process, process, process!
There are so many great traders that are part of STT. And each one really brings a unique an educational perspective to trading. But Huddie is probably my favorite. His style and approach to trades and the way he breaks them down is awesome. Thank you for sharing this interview with him and looking forward to part 2.
Very very motivating! He don't know, how to read lvl 2 and stuff and still earned 1 mil... that is not my personal goal... tho it shows me, I don't need to know ANYTHING... Thank you very much!
Great interview! I’m curious. How do many of you take your profits to live life? I’m not talking about the amount but the system? For example, you need to make sure you are funding and growing the broker account, putting aside for taxes and then have money to live life? I’m struggling to figure out a easy way to do this? Because if I take my profits out of my broker account it lowers my broker? So do you all just take a certain percentage? Do you make sure your broker account has a certain amount at all times? Do you pull out a specific percent for taxes, profits and broker? I’m new trader and my account is only around $1500 to $2000 but def wondering how traders make a living down the road as I want to have enough for taxes and broker account. Once again, not talking about specific amounts. Just the system for making a living off trading
i dont understand people talking about not being "greedy" ... odds are odds. if you can continue to trade and do everything correct with out getting emotional from a series of loses then there is no need to ever stop trading. if you want to try and make 20 R a day scalping then DO IT. even if you lose 6-8 R back to back to back theres no real reason to quit, other than your emotional and you can control your feelings. if your still using your back traded strategy that has proven itself then keep trading. your odds dont change just bc the market decided to go against you for a period of time.
Me too bro I’m loving this interview I’m so glad he said “cut losses intelligently, and let the runners run” like there’s a lot of miss information out there like about what to do and What not to do and I’m just glad someone can break it down by what they mean by those sayings cause there is some truth behind “cut your losses fast” but it’s not that simple as selling as soon as you see red like you have to let the trade play out till it’s invalidated or the thesis plays out. Loving this interview can’t wait for part 2!
Wow..what an amazing video. Great job! This video should be the Bible of trading. So much fantastic info. Thank you very much for this video. I loved it!
Lost over 100k Diamond handing Leap Calls, BNGO and ZOM since 2020. Take profits especially during Volatile markets like this year. Greed totally blinded my consciousness.
The Crypto market has proved to be profitable over time, but it all depends on your choice of investment. Investing wrongly might have you ending up with losses and no one wants that.
@@arirabaiolli9737 Apparently that's true, I agree, but it can also be disastrous for newbies or anyone who doesn't adhere to a well thought-out strategy and overall, a professional broker
In a few years to come people will be kicking themselves in regrets if they miss this opportunity of buying and investing in the crypto currency market.
My portfolio/investment manager Sean Lee has an investment platform where you don’t need to stress on your trades all you need to do is invest and watch your trades grow from your dashboard
What is a good webinar/book/video to learn about different setups? Besides the usual "buy the dip" etc which is great. I did like his 1st red day runner strategy.
Can you ask traders in interviews if they trade stocks or options and if Penny stocks or they scan stocks daily. This will help us new traders in making decisions. Thanks
Another great interview as always. I love how we are reminded to "accept the risk" instead of flip out early. Great topics on how psychology is more important than learning simple chart patterns too. I also enjoyed talking about saving the best. I definitely can work on a lot of these topics discussed, but as you say Alex, context also matters. I know this will help many traders in the middle of their career. Thanks for sharing!
The stock market is not made to make us loose. We make ourselves made to loose through undisciplined decisions. If your decision (buy or short) is not thought out your not going to be convicted in your decision and you will fault.
Hello I’m a beginner just made a huge profits on my investment since I started trading with Mr Rainititan, his trading strategies are top notch coupled with the little commission he charges on his trade.
You are a great interviewer, I enjoy watching you, and you really ask great questions, and I think for that people learn a lot, Thanks for what you do ...Love it
SIR, When swing trading forex with support/resistance what is reliable time chart to use for S/R levels--is it 4 hour OR 1 hour chart? I would think that 1H ,S/R levels are going to get easily violated if trading is against trend on 4H/Daily chart. Of course entry can be made even on 15 M chart BUT ENTRY HAS TO BE IN THE HIGHER TIME FRAME DIRECTION--I seek your experience. Thanks.
When you read articles about financial freedom, you may hear people talk over and over again about how they spend next to nothing to be able to retire at a younger age like 30. Instead, they may have already achieved financial freedom and boast about how frugal they were in order to retire well before the typical retirement age.
Planning for retirement, or even financial freedom, is a marathon and not a race, as the saying goes. Breaking your financial independence goals into small pieces can help you stay on track while making the process a little more manageable and hopefully a little less stressful. Even if you are starting small, the important thing is to start.
The investment creates a safe haven for the future. Everyone needs it so you don't go bankrupt when you stop working
The first level of financial freedom is creating an emergency fund. Ideally, this will also include paying off any credit card debt.
Unfortunately, living paycheck to paycheck is the reality for millions of Americans. I think I like to play again with the stock market, any recommendations?
I don't really make recommendations, I just invest for profit and mind my own business, but I would do it for a reason and it is for the betterment of all.
Would you mind sharing information about the advisor who helped you? I am now 39 years old and would love to grow my stock portfolio and plan for my retirement.>>>
>< Sherman Williams Trading
THANKS. Just what I needed to watch. My husband and I are administrators of our farming business and our own properties, as well as small pensions. I am almost 56, my Wife is 52. We have started saving for retirement from the farm and maybe live off rental income, I would really appreciate it if you would do a video on how to earn passive income online and retire comfortably let's say 1 million bucks.
Consider financial planning.
@@svengrot7943 It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into investment advisors for a strategy that suits your timing.
@@lisaollie4594 I totally agree, I'm 50 and just retired with about $900k in outside retirement funds, no debt and very small dollars in retirement funds compared to my balance of portfolio over the past 3 years to date. tbh, the role of the invt-advisor can only be overlooked, not denied. just do your research to find a reputable one.
@Stanley Edwin She is KAITLIN ROSE STERNBERG, my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about her online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
As with an my big financial decision,it’s important to keep your guard’s up for economic risks.
However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe
@@hermanramos7092 yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, ''Christine Jane Mclean'' she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
@@sherry_smith_penson ''Christine really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
Great video. I do have a question, though. I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading. How do I make the right moves to grow my currently portfolio of almost 300 grand from prevent further market decline?
This is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. That is how people are able to make such huge profits in the market.
For real, people underestimate how much they can rake in from the stock market. Started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.
Wow! This is great! How about you recommend your financial advisor, please? I could really use some help.
Sharon Louise Count is my Advisor. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.
Thank you for this. I just checked her out now and I sent her an email. I hope she gets back to me soon.
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to build generational wealth, and cultivate financial knowledge, you must be in the market.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 2.8million.
Well i won't say i have........His name is "Nolan Velden Brent" can't divulge much. Most likely, the internet should have his basic info, you can research if you like.
He's one of the most reliable and trustworthy brokers I know.
So ashamed but thankful. Maybe I need to rethink everything. Was seeing some consistency but hit max loss early today and kept going down to -5R. Walked away from laptop and changed oil, grabbed some food, cooled off emotionally and mentally and kept trading back to only -2R and walked away again. Then came and broke yet another rule buying weakness of pullback and BOOM.... Biggest day ever for my account gaining more than 21x what I risked. Thank you LGVN
*EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️... IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING*
The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.
Anyways not actually, what I know about trading almost on zilch lol. I make huge profits on my investment since I started trading with an Expert her trading strategies are top notch coupled with the little commission she charges on her trade.
I have my funds very well diversified, though I did it using copytrading system from the advisor Wendy Roger,a FINRA licensed and regulated broker from the ULCA Anderson in the US.
How reliable and efficient are her services? know this question may seem out of place, but this is what I look for in a portfolio manager or broker.
Mike Huddie is awesome! I have the pleasure of participating in his Stocks To Trade Pro webinars. He's all business and never sugar coats anything!
I realize ... that after I watched this video again months later that I only now understand every single aspect and I feel every single aspect. this shows me that I am on the right track. Process works!
The great saying in the stock market "Keep it simple Stupid" really hit home in this interview. Trading is difficult enough so keeping it simple will be more profitable than trying to use a 1000 different indicator to confirm a trade.
I usually watch interviews in youtube in higher speed like 1,25 or 1,50.. with how fast Mike Huddie talks I almost had to speed down the video. lol
Thanks for the update.
Yes, the crypto market is really taking off and Bitcoin is in good shape to start trading now🔉✅
Trading in Bitcoin now is the wisest thing to do now especially newbies beginner....
Te/e gram
@Rolandostrategy THAT IS HIS USER NAME
please make sure you write the USER NAME complete and He's verified
Discipline is very important.
You don't need to trade every day.
I spent an insanely amount of times on Trade Ideas for a year and now I see with one view, if it will be a good day.
That is freedom. Just trade, when the market is hot!
This is one of the best 3 videos on the psychology of trading I’ve ever seen.
That explanation for taking small profits and not letting your setup fully blossom was great at 5:00
Bro, the first 3 minutes of this might have just changed my life. I just started trading, and I haven’t even had any big losses, but I have missed HUGE gains, for exactly what he just said. You bail out even though you know you’re willing to take a certain amount of risk. Ouuuu that pisses me off at myself lol.
if you just started do not discount yourself and start tracking now. even if its just -ticker, pattern you were playing, risk, gain/loss. just to track over time what you're good at. thats the key here. source: 5 years in over here. more detailed info can come later but its SO critical to weed out whats taking money from you. tradervue is also a good option
the price ts going to get close to your stop sometimes.. thats just how it goes. however the market shouldnt go directly against you immediatly after you make the trade. if thats happening you have other problems.
Wow... what a transformation for this guy. I watched him being interviewd and then he was just beginning. What, a millionaire now? wow. Bravo GGG
I will forever be indebted to you, you've changed my whole life I’ll continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs Adria Siewert.
I invest with Mrs Adria Siewert too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
This is not the first time i am hearing of Mrs Adria Siewert and her exploits in the trading world but i have no idea how to reach her.
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
With the consistent weekly profits I'm getting in-vesting with Mrs Siewert, there's no doubt she is the most reliable in the market. such a genius
She's available on TELEGRAMS with the user below.
still a very underated channel. deserves way more subs
I’m incredibly consistent. But my single red days crush my string of green days. This is the hardest part for me. Not accepting a red day and over trading outside of my favorite setups to try and make the money back
Bro just only take set ups trade. Reach the EV and you're chilling.
-Some guy on the internet
when you get a set up you like , you should enter no matter what , I don t think there is such a thing as over trading , is a job , as long as your mind is on the right place . You should considered once you hit the SL wait at least 15 candles to enter again in the same ticker as a rule .
Hey man , would you like to work together? I also have the same problems
Redefine your setups, ur setups may be ur issue. Look for volume in ur setups before entry, if the risk to reward is not at least 1 to 2,forget it, and wait for the next setup.
@@davidefod6100 same here..lets have a talk if you're in. Looking for an accountability partner
Great post.
I just received my withdrawal from stock and forex trading while viewing this video.
Learning a good trading strategy can make anyone consistent profits and withdrawal from the stock markets. I made 6 fig today from the financial markets.
I use First Trade Markets what about you?
I also use First Trade Markets
I learned how to trade and make 6 figures from the live chat service
I made payout of 7 figures today with my investment of 6 figures.
I agree with this idea of skewing bet size towards the best risk/reward trades. I even use this in profit taking when layering out at various levels. For example, carefully pre-arranging on a spreadsheet how many shares to sell at each level, with share quantity going up logarithmically at each linearly higher price level. This has worked wonderfully, using lots of limit orders placed ahead of time to take advantage of even brief moves in my direction. It is a great feeling to have all this fall in place so perfectly on a big important trade, to sell larger and larger quantity as price climbs on a blowout day.
Well explained, this is a game changer, I have been looking for the best way to increase my income and start up my retirement, but I really do not know much about investments and trading stock. I keep postponing every single day that passes, but I want to begin now. How should I start? What do I need to know?
Have you considered getting the services of a professional? When I was a beginner that was all I did and my finance went from bad to excellent. Now I can do some investing and trading by myself because I learnt also. You too can do same.
I have done some research, and what I need is an excellent financial advisor to assist me with what I want to do. A good recommendation will do. Thanks.
I know of a professional dedicated to a mission: make investing and trading available to everyone! Her name is Dawn Maureen Humphrey, she is a financial advisor and a licensed portfolio manager. If you feel like you want to invest and stop living from paycheck to paycheck, The process is very straightforward, contact her and learn more about investing and trading, while making money with her assistance.
@@Johnlarry12 I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away.
“That’s not what I’m built for...” Classic, absolutely classic!!
7:05 Daaang dude, this interview is fire! Straight up give credit when credit is due!
Mike definitely has the right mindset when it comes to trading discipline. Most traders will blow up and quit before they get to that level.
Fear of Loss is brutal. Good to talk about this.
Yes absolutely is brutal
Great interview. Where to catch Mike Huddie's show?
So how did he do it? If you mind me asking! I'm day trading and I'm losing because I keep choosing the wrong company after looking at the charts.
5:05 WOW!!! I needed to hear this! Such real talk! I have been working on this thinking for a little bit now. Took me long enough, haha!
Just had to stop here for a second. This first 7mins has been awesome! Thanks guys
Huddie is awesome. I met him in NYC riding the elevator to a rooftop bar for a trader get-together (btw, Alex, that was the same night I met Scott). We talked about BPTH... what a blast!
Wow cool Kahuna, appreciate you watching today.
@@BTheStory Love your channel brother!
This dude is way to eager to reply. Good on you to have patience during the interview. Nevertheless, it was some good insight to the mindset of a profitable trader.
When I take more time than the original video's length, it means there are a lot of good information.
This video is gold. I really enjoyed the part where he talks about the danger in cutting winners short and taking profits too soon versus taking losses before they have hit the stop loss. It all reinforces the need to have a trading plan that you can consistently adhere to and respect.
Respect him saying he was unprofitable for 2.5 years
lots of experience n trading wisdom in this video great job 👏 👍
Vwap, support and resistance. Great tip Mike. Thanks
These videos motivate me like no other. I need to take this more seriously again and find my set up to become consistent. Definitely journaling could help meditation could help I'll do whatever it takes. I wish I could find a group of some serious traders to be in contact with
FInd a community. You have to pay for most of the good one's, but feel them out with their free trials. After you find one you like look for the hungry learners and those who trade your style. Thats the best way I have found traders to grow with.
@@invaderaf thank you both I appreciate the support
Come check us out we are very new and looking to grow a community.
@@TraderDynamics
I am interested in seeing your thoughts about trading
Join a discord group
Great quote: “The goal of a new trader is to survive so that you can learn.” 27:08
He talks really fast... but lots of good points. I appreciate the sentiment that you don't need to make money in every way possible. Who cares about one investment when you're doing great in another. So many distractions from the main stream that steer us off course making us think we need to show off or gesture in every arena. No, stick to what you are good at and go with whats working.
These interviews are great for beginning traders. Great information
Hello, are you new to crypto / forex trading?
Part 2 needs to come quick! Lol this was amazing yet again.
20:58 Wow, speaks for a lot of people who have been there and done that. Spot on!
Dude is so intense.
My thing is .03% - 2% of my entire portfolio per trade..especially for options. That w/ shorting and ta. That’s where the success came for me.
"Mimic the best.....f the rest" well put it!
Thx for watching!
I saw Huddie in 2018 at a conference speak when he was building his base and found him inspiring then. I enjoy how he boils things down to simplicity and calls things as they are. Great interview, and great guidance. Process, process, process!
There are so many great traders that are part of STT. And each one really brings a unique an educational perspective to trading. But Huddie is probably my favorite. His style and approach to trades and the way he breaks them down is awesome.
Thank you for sharing this interview with him and looking forward to part 2.
What is STT?
@@carlosinchile Steady Trade Team. They have a RUclips channel as well.
@@viterievents-nightlifeeven9870
Thank you
Really great interview. This has definitely helped my mindset!
Very very motivating!
He don't know, how to read lvl 2 and stuff and still earned 1 mil... that is not my personal goal... tho it shows me, I don't need to know ANYTHING...
Thank you very much!
Watching the market for 2 to 3 years straight while losing is how he created that knowledge, along with good mentors.
@15minutes in, what DVD were you guys referring to? What is this course? Is it still available for access?
This was soooo good. I'm really liking his mindset. I get a real big Grittani vibe from him. It's cool to see. Can't wait for part 2
This is why trading is so great... you gotta figure yourself out.
This interview was pretty good. I ran into one or two interviews where it looks like they just got really lucky with TSLA or a meme stock lol.
Great interview! I’m curious. How do many of you take your profits to live life? I’m not talking about the amount but the system? For example, you need to make sure you are funding and growing the broker account, putting aside for taxes and then have money to live life? I’m struggling to figure out a easy way to do this? Because if I take my profits out of my broker account it lowers my broker? So do you all just take a certain percentage? Do you make sure your broker account has a certain amount at all times? Do you pull out a specific percent for taxes, profits and broker? I’m new trader and my account is only around $1500 to $2000 but def wondering how traders make a living down the road as I want to have enough for taxes and broker account. Once again, not talking about specific amounts. Just the system for making a living off trading
i dont understand people talking about not being "greedy" ... odds are odds. if you can continue to trade and do everything correct with out getting emotional from a series of loses then there is no need to ever stop trading. if you want to try and make 20 R a day scalping then DO IT. even if you lose 6-8 R back to back to back theres no real reason to quit, other than your emotional and you can control your feelings. if your still using your back traded strategy that has proven itself then keep trading. your odds dont change just bc the market decided to go against you for a period of time.
Where is the part 2? Can't wait!
I’m not this guy oh 100k flash on the ask that’s a big seller I’m soaking… lol huddie that was perfect
Just WOW! What an amazing interview.
DAMMM good stuff....I really think LONG is.NOTTTTT the way anymore....all the heavy hitters are Short Biased!!! Looking fwd to part 2
*Ready for part 2* 🙌🏻
Me too bro I’m loving this interview I’m so glad he said “cut losses intelligently, and let the runners run” like there’s a lot of miss information out there like about what to do and What not to do and I’m just glad someone can break it down by what they mean by those sayings cause there is some truth behind “cut your losses fast” but it’s not that simple as selling as soon as you see red like you have to let the trade play out till it’s invalidated or the thesis plays out. Loving this interview can’t wait for part 2!
“Mimic the best, F the rest” -Mike Huddie
Wow..what an amazing video. Great job! This video should be the Bible of trading. So much fantastic info. Thank you very much for this video. I loved it!
I'm just here for Huddie's analogies 😆
We appreciate Alex for having Huddie on his show, and all of his great fans!
Shorts are simple “up 500% who’s buying here” try telling that to the ppl that was buying Sxp when it was 100xing everyday for about 10 days.
Lost over 100k Diamond handing Leap Calls, BNGO and ZOM since 2020. Take profits especially during Volatile markets like this year. Greed totally blinded my consciousness.
GREAT INTERVIEW!!!
The Crypto market has proved to be profitable over time, but it all depends on your choice of investment. Investing wrongly might have you ending up with losses and no one wants that.
It's always good for Crypto investors to venture into trading because it can only by trading Cryptos investors survive bearish periods.
@@arirabaiolli9737 Apparently that's true, I agree, but it can also be disastrous for newbies or anyone who doesn't adhere to a well thought-out strategy and overall, a professional broker
My advice to anyone going into crypto currency trading is to get yourself attached to a broker who will make good returns on investment.
In a few years to come people will be kicking themselves in regrets if they miss this opportunity of buying and investing in the crypto currency market.
My portfolio/investment manager Sean Lee has an investment platform where you don’t need to stress on your trades all you need to do is invest and watch your trades grow from your dashboard
"Before I enter a stock, I know my risk"-Now I just need to stick to that risk
Great interview! Lots of info. Thanks! Looking forward to the 2nd half.
What is a good webinar/book/video to learn about different setups? Besides the usual "buy the dip" etc which is great. I did like his 1st red day runner strategy.
Hi. Try to emphasize - the type of set ups he takes. How he scans. His best set up patterns.
This was a great interview. Huddie is so passionate about the idea of self control in the market. I love it. Risk management is king.
"loose money with yatch money" lol
Huddie is F*$%ing awesome! Love this guy. His webinars in the Steady Trade team are GOLD. This is amazing info, for FREE!! Great video!
Can you ask traders in interviews if they trade stocks or options and if Penny stocks or they scan stocks daily.
This will help us new traders in making decisions.
Thanks
This one really hit dip.
If I could be just 60% more discipline I could quit my 9-5.
This interview is 🔥. Huddie is a smart dude. One of the best interviews I’ve heard. Thank you B
There's a lot of things to learn from someone who is on the top of the hill! Thanks for the interview, they're like mentors
This guy is HYPED... whoa.
Another great interview as always. I love how we are reminded to "accept the risk" instead of flip out early. Great topics on how psychology is more important than learning simple chart patterns too. I also enjoyed talking about saving the best. I definitely can work on a lot of these topics discussed, but as you say Alex, context also matters. I know this will help many traders in the middle of their career. Thanks for sharing!
oh ya and summer trading sux. Let's just all meet at the beach
Weenie Goat
Supply and demand zones you draw yourself
vwap and volume is all you need on any chart to day trade read the context of the stock and make money
One of the best interviews 😎👌
4:43 is the biggest piece of the puzzle new traders just don't understand.
Thank you so much
This was a damn good interview I’m am definitely rewatching it!
this was such a good interview
The stock market is not made to make us loose. We make ourselves made to loose through undisciplined decisions. If your decision (buy or short) is not thought out your not going to be convicted in your decision and you will fault.
Great Interview! Whose webinars did Mike Huddie make mention of that he watches?
Thanks Alex
I am sorry. I love those chairs. Do you mind telling me what brand are those? Thank you.
Hello I’m a beginner just made a huge profits on my investment since I started trading with Mr Rainititan, his trading strategies are top notch coupled with the little commission he charges on his trade.
His mail address is before my YT username okay?
Thanks for the video. Very Insightful
Keep killing it bro!
This dude is a BEAST. 🤜🏾🤛🏽🤜🏾🤛🏼
I google" the most traded stocks today" at 9:30am. I buy the the top 3. The next day I sell all profits and repeat. 6% on average
You are a great interviewer, I enjoy watching you, and you really ask great questions, and I think for that people learn a lot, Thanks for what you do ...Love it
if your winrate is high enough a 1:1 can work
SIR, When swing trading forex with support/resistance what is reliable time chart to use for S/R levels--is it 4 hour OR 1 hour chart? I would think that 1H ,S/R levels are going to get easily violated if trading is against trend on 4H/Daily chart. Of course entry can be made even on 15 M chart BUT ENTRY HAS TO BE IN THE HIGHER TIME FRAME DIRECTION--I seek your experience. Thanks.
27 year old kid lol
Dudes got the mindset that will take him places!