"The Truth Why Most Traders Lose Money" - Daryl Guppy | Trader Interview

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  • Опубликовано: 5 июн 2024
  • In this Forex trading video, Etienne sits down with "The Chart Man" himself, Daryl Guppy, who has been trading in the market for 30 years. Do you want to stop losing money? Understand the logic of the patterns and learn the psychology of the market.
    Chapters:
    00:00 "The Truth Why Most Traders Lose Money" - Daryl Guppy
    00:34 Updates on Daryl Guppy
    01:20 What makes people succeed long-term?
    04:11 How Daryl started trading
    08:44 Trading principles then and now
    10:40 Figuring out what you're good at
    14:12 On trying better indicators and patterns
    20:31 Understanding the logic of the patterns
    22:00 "Uncommon results do not come from common thinking"
    23:52 Why are the patterns different from common thinking?
    28:14 Patterns in forex and indexes
    30:46 What is the "2% Rule"?
    35:48 When does the "2% Rule" work?
    37:54 Where to find Daryl Guppy (links below)
    #desiretotrade #forextrading #fxtrading #technicalanalysis #thechartman
    ==========================
    Daryl's website ➡️ www.guppytraders.com
    ==========================
    👉 GET MY FREE BOLLINGER BANDS REVERSAL STRATEGY COURSE: d2t.link/bbr-strategy
    ==========================
    💬 LET'S CONNECT ON SOCIAL MEDIA
    Forex Trader Community (Facebook Group): d2t.link/FBgroup
    Facebook: / desiretotrade
    Twitter: @desiretotrade
    IG: @etiennecrete
    🔕 Beware of other fake accounts
    ==========================
    🛠️ RECOMMENDED TRADING RESOURCES
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Комментарии • 65

  • @jeroencommandeur
    @jeroencommandeur Год назад +14

    The 2% rule explanation is spot on. I never heard anyone explaining it so well. Awesome job there!

  • @witoldgolak7642
    @witoldgolak7642 Год назад +10

    It's a joy to watch somebody so passionate about trading. Massive amount of knowledge and ability to explain things in a straightforward and interesting way. Great interview. Thank you!

  • @quantumindicesfuturestrade6873
    @quantumindicesfuturestrade6873 Год назад +12

    I remember looking at price action and drawing the charts out. Didn't have the technology we have today. I liked this interview.

    • @DesireToTRADE
      @DesireToTRADE  Год назад +1

      Glad you liked it! Much appreciated comment :)

  • @longwoodcurrencytrading
    @longwoodcurrencytrading Год назад +4

    You had some great questions that Daryl covered better than anyone I've heard discuss this stuff - and I've been looking at the financial markets since the late 1970s. Thanks for having him on!

  • @PedroDVC
    @PedroDVC Год назад +1

    Man, you bring the most interesting traders and I actualy like this format of being able to see them. Much more aprochable. Thanks!

  • @brucesmith6868
    @brucesmith6868 Год назад +1

    Great interview E very straightforward!!

  • @nb9797
    @nb9797 Год назад +1

    Really valuable content as always and good questions Etienne. Thank you.

  • @528038
    @528038 Год назад +1

    Loved all moment! ;) I could listen it for a very long time

  • @gidsmono8044
    @gidsmono8044 Год назад

    The master chifu of trading. Thanks E.

  • @newbiemaddie
    @newbiemaddie Год назад

    Thumbs up! Great guest and host 🎉

  • @jaymoneytrader
    @jaymoneytrader Год назад +1

    Good interview,
    Everyone gets so hung up around HFT algorithms when if they were not there we wouldn't have as much liquidity as we do now
    So you have sacrificed some speed for liquidity
    Yes they are faster than you and they can place a trade faster than you
    But they are still placing the same trade
    And the only reason they can place a trade that fast is because they have other algorithms matching their orders otherwise they would be able to take a stock to zero
    So when he talks about some ETF selling out of something to rebalance That's fine But they would have did that anyway It just would have cost them a lot more time because they would have had to rustle up the people to take the other side of the trade
    Now other algorithms will kick on to match that
    So the solution is to trade higher time frames because it doesn't matter if an ETF dumps in the middle of the day if by the end of the day or the week it's going to be a reflection of what the value really is

  • @davidpeters6353
    @davidpeters6353 Год назад +1

    Love this channel! Deserves many more likes! Thank you, Etienne!

  • @patrickbyrne7599
    @patrickbyrne7599 Год назад +1

    This is outstanding!!! Thanks to you both for hosting and the outstanding content. 💪

    • @DesireToTRADE
      @DesireToTRADE  Год назад

      Our pleasure! , Glad you liked it :)

    • @patrickbyrne7599
      @patrickbyrne7599 Год назад

      @@DesireToTRADE I really did, I have been trading for 14 years and can appreciate excellent content from the not-so-good one 🙂 It is incredible that with trading every week there is something new to learn. Thank you!!!

  • @TwiztedHumor
    @TwiztedHumor Год назад +1

    Another true boss and with a wonderful accent to boot. a real Stockadile Dundee if you will. Thank you sirs!

  • @riks6609
    @riks6609 Год назад

    Good interview!

  • @EIStudent
    @EIStudent Год назад +2

    I LOVE the way this trader thinks! This is one of your best interviewees. 👍🏼

  • @mbrunocondello
    @mbrunocondello Год назад

    Awesome interview

  • @12juma
    @12juma Год назад

    EXECELLENT interview as always 😊

  • @FXM3
    @FXM3 Год назад

    I actually downloaded this interview, something tells me this is it!

  • @JenMarco
    @JenMarco Год назад +1

    This interview is golden!

  • @andymcintosh5324
    @andymcintosh5324 Год назад +1

    great stuff as usual, thankyou brother

  • @MetalForBreakfast
    @MetalForBreakfast Год назад +2

    I like the way he talks, and his mustache lol 👏

  • @martins8761
    @martins8761 Год назад +1

    What an icon. Outstanding !!

  • @Fenix_Trader
    @Fenix_Trader Год назад

    🙏very interesting and also very funny The way he Talks! Thank you both of u!!

  • @FARBOLUOS
    @FARBOLUOS Год назад +2

    Thanks Etienne for the work you do. Great interview!!!

  • @josephgitahi2090
    @josephgitahi2090 Год назад

    Trading is a great option, good information 👍

  • @cheesyjube
    @cheesyjube Год назад

    Guppy moving averages are just great!

  • @adamasim3399
    @adamasim3399 Год назад

    I totally agree with contradiction about "only using the money u have to lose "

  • @don__hector7845
    @don__hector7845 6 месяцев назад

    what a legend

  • @FarhanAbdi-eq2it
    @FarhanAbdi-eq2it Год назад +1

    He's legendary 😮

  • @welcometomathy6944
    @welcometomathy6944 Год назад

    Love Mr Guppy

  • @Dark-hz1tu
    @Dark-hz1tu Год назад

    Risk only 2% in total amount of capital??? But doesn't include how much risk per stop? So i must divide that 2% per trade?

    • @uniqueurl
      @uniqueurl Год назад +1

      Adjust your lots with the 2% amount you risk.

  • @528038
    @528038 Год назад

    I greet you from Hungary :) Cheers

  • @natinspires
    @natinspires Год назад

    Cool

  • @metamatrixclub1186
    @metamatrixclub1186 Год назад

    HFT side really messes with certain algos lol

  • @radu808
    @radu808 7 месяцев назад

    the 2% rule is not comon knowledge? I am surprised that people need such a detailed explanation

  • @Coondawgwoopwoop
    @Coondawgwoopwoop Год назад

    What’s an f24 f25? 😅 I know there’s f14 f15 f16 f18 f22 and f35

    • @Coondawgwoopwoop
      @Coondawgwoopwoop Год назад

      All joking aside I like this guy. Very grounded and easy to relate to

  • @BMWM4FX
    @BMWM4FX Год назад +1

    the monopoly man of forex XD

  • @perthus7008
    @perthus7008 Год назад +2

    My man said how many sides does a triangle have.. dude answered 2 sides hahahahhahhah

    • @DesireToTRADE
      @DesireToTRADE  Год назад

      To my point... all the trading books I've seen show 2 sides to their triangle... but yeah I was overthinking it :)

    • @raymondobeukes3624
      @raymondobeukes3624 Год назад

      He said 3.

  • @roysmith8071
    @roysmith8071 Год назад +1

    Because they don't have a bad a** mustache like that

  • @user-dk5it9xh2f
    @user-dk5it9xh2f Год назад

    Awesome👍👍