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this guy is worth a listen. I remember seeing his posts in discord. He took trades that had stacked moving averages. he seems to have a good instinct for reading charts. I wanna be as good.
@@jaysteve4442 I've watched a lot of interviews, this guy gives legit advice so I wouldn't be surprised. Just because you've made 10M doesn't mean you live like it.
Do some quick math with a few assumptions. $10,000,000 (lets assume most if not all is short-term capital gains): Federal tax (35%): -$3,500,000 State tax (4.5%): -$450,000 Net Investment Income Tax (3.5%): -$350,000 --- $5,700,000 take home. You're not going to pay yourself the lump sum. It's pretty reasonable to live below your means and grow your account before starting to take large withdraws.
"the stocks that hold up best in correction are what I wanna own coming out of the correction" his words are all common sense, but damn it's hard to execute
I love this interview. I literally am indicator to mathematically see if my stock is extended on trading view with a histogram view: (High -MA)/ATR Another thing I resented with was breaking the previous days range I like seeing two lower highs near a 10/20 Ema and using the lower high as a pivot before entering. Not necessarily Lance Breitstein’s right side of the v concept, but close. It definitely lowers drawdown on winners and allows tighter stops
I like this interview. The setups he trades are more what I'm interested in - the diversified swing trades work out better for me than the day trade scalps.
Go on Finviz and look at the leading groups over the past 30/90/180 days. There are 197 industry groups in the market. Avoid groups trading outside of the top 40 groups. Big winners don’t “typically” come out of crap groups. The biggest winners every year come from top 1-20 groups within the market.
Ariel and Sam thanks for this video. Ariel, several times you are talking about whether a stock is extended from 50 DMA. In case of BABA, you say it moves 2.24% per day. Do you mean that it's avg $ range per day divided by it's price is 2.24%? If so, avg range over how many days? If not, what do you mean? Thanks.
It BABA moves 2.24% per day and its 18% away from the 50sma, i would say thats 8x its ATR from the 50sma. We are definitely at a trim spot. Take the distance from the 50sma and divide by its average daily range. That will give you its extension. And try to avoid buying stocks more than 4x ATR (average true range) from the 50sma.
@@arielhernandez9608 tnx, also, when comparing stock daily range vs SMAs, do you use some avg or last day stock range? And for scaning, do you also use some specific ATR or ADR to filter out best potentils like Qullamaggie does?
@@arielhernandez9608 And what day range vs MA do you use, last day or some average? And so you have condition that it has to be specific ADR/ATR to even trade it, like Qullamaggie does? tnx again
These are all momentum Trades that have been known for ever. Playing on volatility and volume. Fine trading strategy but also lucky timing. If you can follow these ticker until breakout times then you can profit. It is not genius level finds, rather right place right time. Somebody wins the lottery eventually. I know the work it take to Id these trades so everybody watching should realize you need these type play to come into your lap.
Do you verify these people? How can we know for sure that the people you bring on are actually who they say they are? WHERE ARE the statements? Where are the trade execution? .... Crickets.
Many of our guests have verified their profits on their own at one point. That's up to them. We choose guests who we believe to be credible based on the merit of their insights, their reputation in the community, or some profit verification they've done on their own. Guests like Ariel are not selling anything. They are adding value to the trading community by sharing their expertise. They are doing the community a favor, and we're not here to put roadblocks in the way of that. If guests would like to verify their profits, great, they can. We are not auditors. These videos are created for entertainment. Of course, we take credibility seriously and do our best to make sure every guest is legit, but we also encourage viewers to think for themselves. You shouldn't be following any trader blindly just because they've made a lot of money. Put what you hear through your own filter. Does it resonate with you? Did you learn something that can help you improve? Great, apply it to your trading. If something doesn't resonate with your approach to trading, disregard it. Let the merit of the ideas speak for itself.
Join Investors Underground for access to our active chat room, custom trading tools, educational content, and more www.investorsunderground.com/tradingtakes/
Holy shit! This is gold!! I have to watch this 10 more times. Thanks for this interview. Amazing!
Ariel is the 🐐. He's so generous with his knowledge and gives it to you real. Grateful he did this interview and you guys had him on.
Thank you for watching!
this guy is worth a listen. I remember seeing his posts in discord. He took trades that had stacked moving averages.
he seems to have a good instinct for reading charts. I wanna be as good.
that's insane he started around 2020 and made 10 million.
i started during the GME meme bubble, and still have a net loss to this day.
Look at the room he’s in. He didn’t make 10 million
@@jaysteve4442 Have you been to his house? He definitely made 10 million.
@@jaysteve4442 I've watched a lot of interviews, this guy gives legit advice so I wouldn't be surprised. Just because you've made 10M doesn't mean you live like it.
Do some quick math with a few assumptions.
$10,000,000 (lets assume most if not all is short-term capital gains):
Federal tax (35%): -$3,500,000
State tax (4.5%): -$450,000
Net Investment Income Tax (3.5%): -$350,000
---
$5,700,000 take home.
You're not going to pay yourself the lump sum. It's pretty reasonable to live below your means and grow your account before starting to take large withdraws.
I don't usually watch things over an hour, but this one was completely captivating ...... lets hope I can retain some of this
🙌
The best way to retain is to take notes and implement what he is saying
Wow....Thank you, Ariel! He is sooo REAL!
Hi! I got so much out of this interview, even though I’m a small caps day trader.
Thanks so much!
Thanks for watching!
"the stocks that hold up best in correction are what I wanna own coming out of the correction"
his words are all common sense, but damn it's hard to execute
we definitely need a part two please.
Superb Podcast thanks guys. If you read Mark Minervini's books its very similar to Ariel's style of trading
Thank you for tuning in!
Great episode Sam and Ariel. Lots of good points 👏🙏
Thanks for watching!
I love this interview. I literally am indicator to mathematically see if my stock is extended on trading view with a histogram view:
(High -MA)/ATR
Another thing I resented with was breaking the previous days range
I like seeing two lower highs near a 10/20 Ema and using the lower high as a pivot before entering. Not necessarily Lance Breitstein’s right side of the v concept, but close. It definitely lowers drawdown on winners and allows tighter stops
I like this interview. The setups he trades are more what I'm interested in - the diversified swing trades work out better for me than the day trade scalps.
🙌🙌
Phenomenal chat guys, I really enjoyed it! Excited for a second listen this week; this one needs multiple views. Thanks Sam and Ariel.
Thank you for watching! They are fantastic
I like the way you guys do it!
This year has definitely been more rewarding swinging the mid and large caps. Great conversation that is very educational. Thank you !~
Do you use any avg day range to compare vs MAs or just last day? Also do you use some specific ADT/ATR as for stock sellection, as Qullamaggie does?
This guy can trade
Great Inteview, just 2 questions: 1) do you know your avg% winner and avg%loser? 2) when you take the first profits? thanks
What is this top 40? What does it mean? Thanks. One of the best explanations ever on swings and easy to follow
Go on Finviz and look at the leading groups over the past 30/90/180 days. There are 197 industry groups in the market. Avoid groups trading outside of the top 40 groups. Big winners don’t “typically” come out of crap groups. The biggest winners every year come from top 1-20 groups within the market.
Ariel and Sam thanks for this video. Ariel, several times you are talking about whether a stock is extended from 50 DMA. In case of BABA, you say it moves 2.24% per day. Do you mean that it's avg $ range per day divided by it's price is 2.24%? If so, avg range over how many days? If not, what do you mean? Thanks.
It BABA moves 2.24% per day and its 18% away from the 50sma, i would say thats 8x its ATR from the 50sma. We are definitely at a trim spot. Take the distance from the 50sma and divide by its average daily range. That will give you its extension. And try to avoid buying stocks more than 4x ATR (average true range) from the 50sma.
@@arielhernandez9608 Thanks for the clarification.
great interview! Are 10 and 20 that you are using also SMAs or are EMAs?
Simple moving avgs on daily charts and exponential for smaller timeframes 🧠
@@arielhernandez9608 tnx, also, when comparing stock daily range vs SMAs, do you use some avg or last day stock range? And for scaning, do you also use some specific ATR or ADR to filter out best potentils like Qullamaggie does?
@@arielhernandez9608 And what day range vs MA do you use, last day or some average? And so you have condition that it has to be specific ADR/ATR to even trade it, like Qullamaggie does? tnx again
Great!
"fat walls on the ask are good, and not necessarily bearish"
🙌
Ariel how many years did it take you to clock $1m. Thanks for all the good nuggets.
this Ariel guy is the man :-)
Id like to download these ideas onto my neurolink pls thanks a bunch
New trader , what resources or course/ books ir discords would you recommend..
Thxs
We have a free course on the channel that should be a great starting point ruclips.net/p/PLHwh3-YF4uak1x9ghKkKhAHHDwdAK-by3
These are all momentum Trades that have been known for ever. Playing on volatility and volume. Fine trading strategy but also lucky timing. If you can follow these ticker until breakout times then you can profit. It is not genius level finds, rather right place right time. Somebody wins the lottery eventually. I know the work it take to Id these trades so everybody watching should realize you need these type play to come into your lap.
Pltr Is the next Nvda type move over the next few years.
What are your key moving averages and are they MAs, EMAs, or combo?
Simple moving Averages. 10/20 to keep me in trends. And the 50sma to gauge if we are extended or not
Do you verify these people? How can we know for sure that the people you bring on are actually who they say they are? WHERE ARE the statements? Where are the trade execution? .... Crickets.
Many of our guests have verified their profits on their own at one point. That's up to them. We choose guests who we believe to be credible based on the merit of their insights, their reputation in the community, or some profit verification they've done on their own.
Guests like Ariel are not selling anything. They are adding value to the trading community by sharing their expertise. They are doing the community a favor, and we're not here to put roadblocks in the way of that. If guests would like to verify their profits, great, they can. We are not auditors. These videos are created for entertainment.
Of course, we take credibility seriously and do our best to make sure every guest is legit, but we also encourage viewers to think for themselves. You shouldn't be following any trader blindly just because they've made a lot of money. Put what you hear through your own filter. Does it resonate with you? Did you learn something that can help you improve? Great, apply it to your trading. If something doesn't resonate with your approach to trading, disregard it.
Let the merit of the ideas speak for itself.
Comments like this, on this channel always make me curious. Seriously
Look for tight
This guy likes tight 😊