Master Trading Breakouts and Pullbacks - Trading Crash Course
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- Опубликовано: 26 июн 2024
- Access the presentations of all 16 experts from the 2021 TraderLion Conference. Learn from top traders, hedge fund managers, trading psychologists, and more - traderlion.com/YT_TLC21
In this video, Charles Harris, Portfolio Manager at O'Neil Capital Management walks through his process of How to buy pullbacks. Buying pullbacks is an excellent technique when looking for alternative buy points and can provide excellent low-risk entries into leading names when done correctly. Charles provides an amazing crash course into his pullback strategy and techniques and how to buy the dip correctly.
00:00:00 - Introduction How to Trade Pullbacks
00:06:28 - General Pullback Rules
00:10:48 - O'Neil's Approach to Buying/Adding
00:11:10 - Chart Examples
00:16:26 - Upside Reversal Day
00:26:14 - Defining Your Risk
00:50:50 - 3 Techniques for Buying Weakness
01:00:49 - Conclusion
01:02:31 - Q&A
Enjoy!
- The TL Team
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Access the presentations of all 16 experts from the 2021 TraderLion Conference. Learn from top traders, hedge fund managers, trading psychologists, and more - traderlion.com/YT_TLC21
This is one of the most clear, concise and actionable trading lessons there is online. All killer, no filler
I fully agree
Facts
haha is that Stan with the sunflower? love it!!
I know this is a year old at this point, but genuinely one of the top trading education videos on RUclips. Fantastic lesson. Thanks!!!
Thank you Jeremy. Timeless lessons from Charles!
The algorithm has blessed your channel cause you’re all im recommend now
Awesome :)
Feel privileged to be able to watch this amazing content, for free too. Charles is so humble. Richard asks exactly the right questions too.
Thank you!
Great, thank you Charles, Richard and TL team ;)
so much knowledge in one video, thank you TL and Charles
Our pleasure!
Great interview with a lot of amazing content. Thanks so much for your work Richard.
Glad you enjoyed it!
*TIMESTAMPS*
00:06:28 - General Pullback Rules
00:10:48 - O'Neil Approach to Buying/Adding
00:11:10 - Chart Examples
00:16:26 - Upside Reversal Day
00:26:14 - Defining Your Risk
00:50:50 - 3 Techniques to Buying Weakness
01:00:49 - Conclusion
01:02:31 - Q&A
You should be able to pin this to the top..
what a pleasure to see someone who knows what he is doing
Yes!!!
Thank you so much for this. Very detailed.
Great presentation, thanks Charles for sharing your experience and knowledge, thanks Richard for helping to set this up. Much appreciated.
I find this presenter one of the more clear and well-spoken. Quite helpful.
Great to hear!
The best trading video I have ever seem! Charles is knowledgable, well prepared and present his viewpoint logically. Thanks for this amazing interview , Richard. Can you please have Charles back to talk about selling rules? Many thanks.
Wonderful information--one of the best presentations ever--thanks Richard and Charles!
Our pleasure!
i have been looking for this by Charles everywhere! thank you so much for arranging this video!!! :D
No problem!!
Awesome Presentation thx Charles much appreciate!
Condensed wisdom! Thanks so much!
Thank you Rich and Charles. Rich I have noticed in your interviews you really ask great questions. Cheers man!
no problem!
Thank you so much for your time. This is so helpful. Appreciate you 🙏
Glad it was helpful!
The best trading video I have ever watched!. Outstanding! Thank you.
It was amazing!
very good learning session... many Thanks to the TraderLion team!!!
Our pleasure!
This is by far THE BEST stock trading technique I have seen so far and I have seen enough already. BRAVO!!!
Appreciate that!
Awesome presentation! Need to see more of this speaker!
We’ll have him back this year
C. Harris yea baby. love listening to him talk about the market.
Seriously, an excellent presentation. I definitely plan to watch this multiple times and take detailed notes.
100% Thanks Andrew!
thanks for another great video Richard bro
wow great content .. really crash course on PB buying .. thank you Richard, TL and Charles
Thanks!
Great lesson. Thanks a lot Charles
Glad you liked it!
Thank you Charles this was really really great.
Glad it was helpful!
Unbelievably great content! Probably the best trading lesson online! Very thankful for sharing!
There is a lot of value for me as a new trader. Thanks Harris and the team!
Good to hear!
Loved it
Really great presentation. Thanks!
Glad it was helpful!
Thank you, Charles! This is so my style too. Thank you for sharing with such clear examples.
Glad it was helpful!
These Learning videos are GEMS. Thanks Charels for sharing your knowledge from extensive 20+ years of experience. Thanks Richard for the content and right sets of Q&A.
Glad you like them!
Thank u so much for the knowledge
Thanks for watching!
This was awesome. So many golden tips and lessons. Charles always makes it so clear and concise 👌💯
Glad it was helpful!
This is an excellent video. Very useful for the current market.
Glad it was helpful!
great video ! thank you
Glad you liked it!
Thanks Charles and Richard
No problem!
This is the best investment/finance channel. Super appreciative of your channel. Thank you!
You're an Arsenal fan.😂
Really appreciate the effort put in by Charles and TraderLion! Thank you very much :)
Our pleasure!
Thank you guys!
Our Pleasure!
Such a great video. thank you!
Glad it was helpful!
Amazing video!! From the Q&A section Upstart is now at $14.
Excellent!
Thank you! Cheers!
one of the best trading videos I have come accross... feel more reassured about my own style after seeing this
Glad to hear that!
Huge fan of Charles ever since I saw him on IBD Live, extensive knowledge and history humble on how he explains his techniques. Thank you Charles and TraderLion for taking the time.
Couldn't agree more!
How to follow him? Please advise his FB or twitter or any other ways. Thank you.
Very nice!
Thank you! Cheers!
Great video!
Thanks! Cheers Henry
There's a lot of pullback setups in the market right now. Great video.
Thank you!! 👏🏽👏🏽
You are so welcome!
Wow this one is a video I will save and watch over and over. Thank you for the excellent info Charles and Richard!
Our pleasure!
Hi Charles, thanks for this wonderful content. At minute 9.20 you talk about liquidity compared to the size of your account. Could you give a rapid guide to what to seek as Average Daily Traded Volume in respect to the position we are trading? Should we seek, for example, only stocks that trade daily 1000x the size of a full size position? Or more? Thanks
Just amazing
Thanks. Nice presentation.
Glad you enjoyed the presentation, Anna! Thanks for watching and stay tuned for more!
@TraderLion
Okay. Looking forward to more. : )
Great work! Can we get this presentation?
Thanks
No problem!
This video is truely a grate strategy for continuation in trade. I know how to enter and exit. But can't take it a long run with winner . Now i got so many things very clear and know the techniques to ride woth winner.
So glad to hear that!
I would Love it if he could do another webinar with more examples of his trades
Thanks 😉🌅
After seeing this presentation I thought to myself
- The opportunities I've been missing 🤬
Like always, good work from trader Lion team
Wishes from a remote village in India.
Thank you for this.
Our pleasure!
Need to put second thumbs up for more likes. Thanks TL & Charles
Thanks!
This video is worth a book. Charles could publish his material. Thanks for sharing.
Glad you enjoyed it!
Loved this presentation. I was just searching for a strategy during these kind of markets where "correct" pivot points are failing and institutions are selling into strength. Thanks so much!
Glad it was helpful!
Do you have the deck reviewed available to share ?
This is by far the best explanation on how to buy a pullback that I have heard. Thanks Charles & TL for sharing this. Priceless stuff!
Thanks for watching!
20' 03”, do you require increasing volume for each pull back buy? Other than the first upside reversal, the other ones seem not having big volume. How do you weigh the volume vs desired price pattern
Legend.
Stellar.
My favorite trader period . very honest and humble
Charles is great!
@@TraderLion your channel is great! The BEST!
~1 to 2 weeks accumulation around 50-day MA support zone, allows for 'normal' chop as it bounces off the 50-day (if it bounces) and resumes up trending
The tactics of trading and the principles underlying them that Mr. Harris presents so ably here are almost identical, but for his terminology and his employment of moving averages rather than trendlines, to those developed by Richard W. Schabacker and set forth in his great, seminal work, Technical Analysis and Stock Market Profits, first published in 1932 and subsequently regarded by many as the "original bible" of the discipline.
Best one I seen I Mean 🔥 information. I can use my sma and expon so much better and know my entries with a 10 percent stop loss managing my stop as the stock rises so I have to get a good entry
Glad it was helpful!
1:14:00 overall mkt health
Thanks
Yoo Richard, this is very helpful! i have been trying to follow VCPs and following trends. i am too conservative with my positions because i use only 0.1% of my position at risk every trade or 2.5% of my total portfolio.
This strategy of buying pullbacks will add entries to my strategies because it is still based on the CANSLIM/ VCP style of trading.
This will help pyramiding or averaging up my positions without risking too much in a single entry.
I can enter with 2.5% positions with very low risk but will be able to do it a lot of times to build it up to 20% by adding these pullback entries!!
i was only focused on buying Pivot breakouts before and it takes a while for a new breakout set up to form before i add so this pullback entries helps a lot!
Do you apply these pullback entries as well Richard?? :)
your initial guideline/rule was 50 day uptrend...does the first swks example contradict this rule?
In buying prior to breakout at 18:03 example , Red MA is falling not sure if its 50 or 200 DMA , is it fine as it indicates that stock is not trending ?
1:16:40 Interesting to listen to this with hindsight (knowing that he blew up with $TSLA) He broke his own rules because he believed the stock would go up forever.
When your swing trading smaller size around a core position. Are you doing LIFO or first in first out? Wouldn’t that raise your overall cost average? Any thoughts on this?
Great video. Maybe Mr. Harris should consider moving to a no tax state. I live in NYS which is a high taxed state. I don't have his problem because I don't have his skills.
Great styff
Thanks!!
what type of charts are these? I don't see OHLC?
How do you define an upside reversal please? Is it an hammer candle stick?
Crazy to listen to this knowing what ended up happening with TSLA.
What about choppy markets? Does buying pulllbacks work in choppy markets?
I like his voice….where can I watch more video from Charles?
Thanks for uploading this video Richard. What does he mean by upside reversal day ? Green day after the stock pulls back to a key support level/moving average ?
I think gap down and close green , near high
This should be looked at as a course on what not to do. This is why mark Minervini takes very small losses 6-8% should be considered a bad loss.
Buying as stocks fall is insane. Especially beginners should be cautious about listening to this advice.
Lol. Buying pullback in uptrend stocks is a solid strategy. Better risk to reward ratio compared to breakout style. 5-7% loss is normal considering it offers 1:2 reward or more.
Becoming better and better in just one skill in the industry could help us getting profit consistently
Awesome, one small thing would be if you could get your guests to use a larger arrow as their curser, so it's easier to see when doing a demo,it would be so much easier to see where they are talking about. Great though.
Noted!
What's the max DD he has experienced?
Cool guy
With Tesla, Harris is literally arguing with the market @1:23:48. That’s how much he believes.
I like TraderLion videos, and this was a good presentation, Richard does a great job with the questions. However, I have the impression that these pro traders are just showing an overall picture of their setups. Do they really trade based on a strong conviction with a particular stock plus a reversal candlestick just after support? I am not sure... So I get the main idea but I know there is a lot more work to do behind the scenes...
There definitely is more work to do behind the scenes, and I think Charles and the other traders would say the same. Hundreds of hours of chart time, reviewing past trades and past market cycles, along with being able to identify the market environment that fits those setups the best.
@@TraderLion Totally agree, thanks for your reply. Cheers.
This strategy is brilliant. I think Jesse Livermore said "the market is designed to fool most of the people most of the time." So how do you position yourself and enter with the best R/R? GL everyone!
Hello Richard,
Thanks a lot for this masterclass.
I just don't understand how to add position if a stock is getting close to 21 or 50 MAs.
Speaker tells that he never go all at once. He slowly add position. I never understand this concept. If I keep adding on the way up, my risk increases. And if I keep adding on way down, I just don't know when to stop.
Plz help
you look to enter after the stock shows strength at he level and pushes up
@@TraderLion ok..thanks a lot..
This Video is far far better that stupid webinar for free/some cost.
Oh the joys of trading in anomaly markets like 2 years ago
Charles has been trading since the 90s
@TraderLion I know, he is a beast and I listen to every word. It was just nice to see some charts from that time. This year started off similarly I suppose. I am new to your content, but very glad I found it 🙏