Best one so far brother. 11 months of trading. $77k saved, debts cleared, and a portfolio just shy of a quarter million. Taking trading into consideration last year was worth it in retrospect.
I didn't have any prior knowledge of trading before I came across a trade analyst, Herman W Jonas who has outperformed my expectations with my $8k invested giving me excellent returns.
Do not forget that when it comes to trading, prices can be erratic, rising and declining quickly, often about companies' policies, which individual traders or “experts” do not influence.
“Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.” - Jesse Livermore
Thanks Jason , I stick to one area (PMs) and scour the market a few times a week for when I see it undervalued. Moved once to a different sector and lost a few dollars immediately. All the best
This video makes so much fricking sense, I've watched the thing 3x already. I've traded for years, but often it is the SIMPLEST things that screw me up. Thank you so much Jason, you sir are the shizzle.
The advice is perfect, obviously, but there’s so much value in having daily words of wisdom from someone you know is a real pro. I don’t have any friends who are in this business who could even begin to understand what all goes into it. So to me, this is the next best thing. Thanks Jason, cheers!
This is FANTASTIC advice that’ll only be taken by people who’ve blown their account about five times. Some lessons you’ve just got to learn the emotional hard way…
I liked the video, so I clicked the like button. I also comment to feed the algo. I wish I'd found Shapiro when I first started trading; the amount of wisdom he shares is mindblowing.
I did more than 1000 trades in 2024 and lost roughly ~$400 which was like 1.2% of my account. I made ~35% on my long term investment (could have been more) so overall it was a good year. I can very well say what this old dude is saying is 1000% correct.
Thank you man, so helpful and so accurate. I am a day trader and have started getting very selective in waiting for my setup. I'm acting like a trading snob. Sounds easy, but we all know it's not. I did not enter a position this last Friday because it was "almost" my setup. Almost isn't enough in this game. Not trading on Friday was a "successful" day of trading for me and I didn't press a button. To new traders this advice you gave sounds easy. It isn't. It takes a lot of time and discipline. It's a skill.
Happy New Year my friend! Thank you for another great video that's worth its weight in gold. I love you brother and so grateful for you and your channel 🙏
Dude, you wouldn't believe how I trade. I have a 50k account and made about 100k transactions last year. I have a high win rate, but on some bad days I had multi-month losing days. The more trades you place, the more emotionally involved you are going to be. There's probably a sweet spot where you have enough trades so the probabilities play out and you aren't too concerned with any one trade and on the other side you aren't quarrelling with the market every day.
👍 Seems very logical to focus on working set ups and avoid the less or non working ones. But what are the most important characteristics that define a set up ? chart pattern, time frame, trading style( day-swing-position)...? This is part of my uncompleted task to clear up for myself. Anybody have good suggestions or thought about it?
... and this principle can be applied to investing? So for example if investing in the SP500 over any given period of a year, you could do the default DCA, or, wait for the % of stock below the 50/20 day MA to reach low levels, and then invest more at these points which are more often than not, low's in the market that lead into rises.
Jason, love this channel and your CMR website. Quick question for newbie. When looking at futures charts do you look at adjusted for contract changing or non-adjusted? Cheers!
To combat this, I'm realizing I need to write down my set up criteria rather than having it in my head. It is too easy to talk myself into marginal trades if I don't have written down what is an acceptable trade for me.
hey jason how do i make a trade log i am confused can i buy one confused also if you trade more than you dont want to is that the same as trade less than you want to
hi shapiro, i just wanted to clarify your strategy, is speculator basically retailers and commercials are smart money? you trade against retailers but with the smart money? im confused with the terminology of commercial and speculator, just wanted clarification. your strategy in a nutshell is trade against retailers but not with the smart money right
High level correct. Commercials are those with the most knowledge on the commodity since they already own it. Speculators are just that. LG Specs trade with large size like hedge funds and SM Specs are retailers. Fade Specs when they get crowded which means you are trading on the same side as Commercials.
You hit in on the nails, That is the reason 95% off day trader loos money. La k of patience, lack of discipline to wait for the market to come to them. You don't need to trade every day , even as a day trader ,if your goal is to make money. Right on Jason❤.
these brokers made trading so easy that people are a click way to trade(button), this gives them the same feeling of casino gambling pressing the button non stop to get the 777’s.
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated!!
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsaoknas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns..
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work.. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking??
Though it may be true, you would never know what is better or even whether your system works or it's just a fluke. To have statistical significance of the results you need to have hundreds/thousands of trades.
Not true. A guy who worked at Guinness worked this out in 1906-07, and published the t-test, which gives a statical estimation of the accuracy of small sample sizes.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
The truth is, the role of an investment advisor can often be overlooked but should never be underestimated. After facing a significant portfolio loss in 2020 during the COVID pandemic while trying to manage my investments on my own, I decided to reach out to an investment advisor. At that time, I had about $126K left in my portfolio. Now, without having to lift a finger, I'm semi-retired, working only 7.5 hours a week, and I'm just 15% short of my $1 million retirement goal thanks to my subsequent investments.
My CFA is ASHLEY GARNER ABBOTT, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
Excellent share! Curiously inputted Ashley Garner Abbott on the web, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
Best one so far brother. 11 months of trading. $77k saved, debts cleared, and a portfolio just shy of a quarter million. Taking trading into consideration last year was worth it in retrospect.
Wow, impressive. I don't mean to be all nosey but can you share how you're doing it? Everything about trading seems quite complicated to me.
I didn't have any prior knowledge of trading before I came across a trade analyst, Herman W Jonas who has outperformed my expectations with my $8k invested giving me excellent returns.
Do not forget that when it comes to trading, prices can be erratic, rising and declining quickly, often about companies' policies, which individual traders or “experts” do not influence.
I'm currently in a hopeless place with trading. I’m barely making progress, and I'm considering quitting. Can he help me?
Hermanw jonas that’s his gmail okay
This is so true. I trade much less when I only trade my ideal set ups. Lack of discipline never ends well for me. Good reminder! Happy New Year!
“Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.” - Jesse Livermore
You are a true professional. Thank you. You make it look easy, but it is not.
Jason - great points. Maybe do a short video, on position sizing or how to phase into a trade and phase out when it is profitable.
That's a great message that can be repeated no matter the environment or the day
Amazing, 4 gold minutes of advices for traders. Thanks
Need to watch this once a month! Thank you
Thanks Jason , I stick to one area (PMs) and scour the market a few times a week for when I see it undervalued. Moved once to a different sector and lost a few dollars immediately. All the best
Some of the best advice ever!
every trader should watch this
The voice of reason. Thanks as always Jason
And yet so hard! These reminders are why I’m here. Thanks Sifu.
@@nevin0007 nice having you in CMR!!!
This is one of the strongest pieces of advice that is so hard to stick to.
I
Great lesson - Trade less & Make More .
This video makes so much fricking sense, I've watched the thing 3x already. I've traded for years, but often it is the SIMPLEST things that screw me up. Thank you so much Jason, you sir are the shizzle.
Wise words. Thank you Jason
Sound advice. Hopefully more than 20% of the listeners take your advice.
As always, thanks for drilling this lesson into our heads Jason
Thank you for this pearl of wisdom
Love it. The setups will happen. Be ready when they do. Until then, chill out.
Thanks Jason. Some great advice for my novice skill set.
you are 1000% right.
The advice is perfect, obviously, but there’s so much value in having daily words of wisdom from someone you know is a real pro. I don’t have any friends who are in this business who could even begin to understand what all goes into it. So to me, this is the next best thing. Thanks Jason, cheers!
Fantastic advice! Love your takes ❤🎉HH
This is FANTASTIC advice that’ll only be taken by people who’ve blown their account about five times. Some lessons you’ve just got to learn the emotional hard way…
Thanks Jason - helped me a lot
great video! thanks for the reminder and happy new year!
Appreciate your wisdom Jason. Thank you
Thanks for the constant videos Jason!
I liked the video, so I clicked the like button. I also comment to feed the algo. I wish I'd found Shapiro when I first started trading; the amount of wisdom he shares is mindblowing.
@@cryptoricardo thx for the support
one of the best short and sweet financial advices 👍🏻
I did more than 1000 trades in 2024 and lost roughly ~$400 which was like 1.2% of my account. I made ~35% on my long term investment (could have been more) so overall it was a good year. I can very well say what this old dude is saying is 1000% correct.
You are a smart trader. You've proven that.
I watched this twice. Good stuff
Very well said. Thanks, J
Thank you man, so helpful and so accurate. I am a day trader and have started getting very selective in waiting for my setup. I'm acting like a trading snob. Sounds easy, but we all know it's not. I did not enter a position this last Friday because it was "almost" my setup. Almost isn't enough in this game. Not trading on Friday was a "successful" day of trading for me and I didn't press a button. To new traders this advice you gave sounds easy. It isn't. It takes a lot of time and discipline. It's a skill.
thank you for this wonderful advice.
Great advice, can not be reinforced enough. Just let the price come to you..trade on your terms...Cheers!
... amen, jason !!
I am so grateful for your talks Jason. Thank you!!!
thank you Jason, i am only looking for one type of setup in my stock trading
Thank u Jason for sharing.
Happy New Year mate!
Thank you, Jason - One cannot hear this message enough!
@@MrNice2526 HNY
Great advice!
Thanks Jason this is excellent!
Happy New Year my friend! Thank you for another great video that's worth its weight in gold. I love you brother and so grateful for you and your channel 🙏
@@donaldk4867 HNY
golden wisdom old 🐐
great video, waiting for review video.
Love your commentary!
Exactly right. This is my goal this year, and not let the brokerage make the money 😅
the truth.. as always, thanks dude
LOVE IT THANK YOU
Thanks man
Dude, you wouldn't believe how I trade. I have a 50k account and made about 100k transactions last year. I have a high win rate, but on some bad days I had multi-month losing days. The more trades you place, the more emotionally involved you are going to be. There's probably a sweet spot where you have enough trades so the probabilities play out and you aren't too concerned with any one trade and on the other side you aren't quarrelling with the market every day.
Thanks
👍 Seems very logical to focus on working set ups and avoid the less or non working ones. But what are the most important characteristics that define a set up ? chart pattern, time frame, trading style( day-swing-position)...? This is part of my uncompleted task to clear up for myself. Anybody have good suggestions or thought about it?
Great video 👍
Perfect. I love to listen to you. So much truth. Not like these 19 years old I used to follow :D Thank you Jason!
... and this principle can be applied to investing? So for example if investing in the SP500 over any given period of a year, you could do the default DCA, or, wait for the % of stock below the 50/20 day MA to reach low levels, and then invest more at these points which are more often than not, low's in the market that lead into rises.
Jason, love this channel and your CMR website. Quick question for newbie. When looking at futures charts do you look at adjusted for contract changing or non-adjusted? Cheers!
adjusted
To combat this, I'm realizing I need to write down my set up criteria rather than having it in my head. It is too easy to talk myself into marginal trades if I don't have written down what is an acceptable trade for me.
Thanks Jason, do you ever use contango and backwardation in trading ?
@@davehansen2494 I dont
SO TRUE!
Great Video
How long you mean by overtime?
Thanks a lot for your input, Jason! Could you possibly do a video on how to put together a strategy for somebody who is starting out?
hey jason how do i make a trade log i am confused can i buy one confused also if you trade more than you dont want to is that the same as trade less than you want to
Brilliant
Sound advice
hi shapiro, i just wanted to clarify your strategy, is speculator basically retailers and commercials are smart money? you trade against retailers but with the smart money? im confused with the terminology of commercial and speculator, just wanted clarification. your strategy in a nutshell is trade against retailers but not with the smart money right
High level correct. Commercials are those with the most knowledge on the commodity since they already own it. Speculators are just that. LG Specs trade with large size like hedge funds and SM Specs are retailers. Fade Specs when they get crowded which means you are trading on the same side as Commercials.
@ I’m confused, when you say trade on the same side of commercial I assume is smart money, why is speculators hedge fund? Aren’t they smart money?
Less is more.
You hit in on the nails,
That is the reason 95% off day trader loos money. La k of patience, lack of discipline to wait for the market to come to them. You don't need to trade every day , even as a day trader ,if your goal is to make money. Right on Jason❤.
J Shap with the Alpha, as always.
jessy livermore shapiro😊
Don’t tell TastyTrade this! Lmfaoo
👌
News failure is by far the best.
these brokers made trading so easy that people are a click way to trade(button), this gives them the same feeling of casino gambling pressing the button non stop to get the 777’s.
❤
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated!!
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsaoknas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns..
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work.. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking??
Though it may be true, you would never know what is better or even whether your system works or it's just a fluke. To have statistical significance of the results you need to have hundreds/thousands of trades.
Not true. A guy who worked at Guinness worked this out in 1906-07, and published the t-test, which gives a statical estimation of the accuracy of small sample sizes.
@@LilleyAdam where can I find this research
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
The truth is, the role of an investment advisor can often be overlooked but should never be underestimated. After facing a significant portfolio loss in 2020 during the COVID pandemic while trying to manage my investments on my own, I decided to reach out to an investment advisor. At that time, I had about $126K left in my portfolio. Now, without having to lift a finger, I'm semi-retired, working only 7.5 hours a week, and I'm just 15% short of my $1 million retirement goal thanks to my subsequent investments.
This is incredible. Could you recommend who you work with? I really could use some help at this moment.
My CFA is ASHLEY GARNER ABBOTT, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
Excellent share! Curiously inputted Ashley Garner Abbott on the web, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
Long
missed fartcoin, now missing butthole coin
false ur own thinking
Yeh don’t think at all. Great advice
Why?? 😮
Yeap... it's gunna crash like a mofo now...😮
Crap ...
Let me guess, you are unprofitible and you are still sticking to scalping? ;)
@@dataanalyst9343 I am swimming in rubels ...
@@dataanalyst9343 You should first watch tasty ... 🙂 ... then we can discuss, why this statement does not make sense.
Show us your A set ups Jason where are they??