11 months of trading. $67k 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 trading experience. A CFA, Herman W Jonas has taken all the guesswork out ever since I got into his program. My initial capital of $15k traded over the short term yielded me huge profit plus bonuses. It’s all about accumulating wealth through trading.
In terms of trading with discipline, Taking less trades would be way more effective because it is less likely for you to make mistakes and your concentrations are relatively high.
Regardless of how many trades you take you are still likely to lose money provided you're not trading through professional mentorship. I can guarantee you it mostly takes the assistant of an expert to know the right market entries and exist to make while trading and that is the most important aspect of successful trading.
When Focusing on the contrary in the market, it is easy to want to trade a lot but in the end taking less trades would help improve your support and resistance level
@LAISONHERBERTS Getting to know the right market entries and exit has been a deal breaker for me. Still new and studying out the market,Can you offer please some assistance bro?
sadly I can’t really offer trading assistance. But then again, I trade through the administration of licensed broker cooper. He is a prominent Trader, you can con tact him if you're seeking trading assistance of any kind.
The comment about Mark Minervini and the Veen Diagram showing Losses vs Wins (inner circle, smaller dots in red vs outer circle, larger dots in green) really did it for me in terms of explaining proper trading psychology based on sound trading principles (I looked-up a few of his RUclips videos, and your description of his approach to trading is 100% accurate). Thank you and good trading in the New Year (2024)! :D
Yep. Was definitely treating day trading like roulette. It’s crazy how you can start so well, and then just throw everything away (and more), just because one trade doesn’t go your way.
Mark Douglas changed my life. I watched his 6 hour workshop 60 times, until every fiber in my body was aligned with the content Mark provided. You actually don't need another guru, he says it all, right then and there.
My lack of emotional control has killed me the last two weeks after I resumed live trading again after several months of re practicing simulation. You have to trade live to really know your weaknesses and strengths. IMO, technical analysis is not the hardest part of trading. Emotional control is. It is a factor of difficulty that I never even imagined. Getting emotional discipline is my new mission. The best advice on this video is to focus on process and strategy over profits. Doing the reverse was killing me. Re tooling my brain as I write!
Once upon a time, I was an eager investor. With high hopes and dreams, I diligently built my investment portfolio over the years. But as the tides of the market turned against me, my once-promising investments began to crumble. Stock prices plummeted, bonds defaulted, and my hopes faded away. With each passing day, my portfolio dwindled, mirroring the sinking feeling in my heart. I watched helplessly as my hard-earned savings vanished, leaving behind a lingering sadness and a stark reminder of the unpredictability of the financial world. I'm here again because I want to get back on track.I need ideas to get on on a recovery process.
Losses can provide valuable lessons and insights into the intricacies of the financial market. They can highlight areas where improvements can be made in investment strategies, risk management, or research. By reflecting on the losses and learning from mistakes, one can enhance their knowledge and skills, which can contribute to future success. I don;t have much to give but my thoughts are with you.
You can get back on track by following this simple process: Take stock of your financial goals, risk tolerance, and investment timeline. Understand your investment losses and the factors that contributed to the decline. This self-assessment will help you communicate your needs effectively to a financial advisor. Remember to seek the help of a professional financial planner(CPF) as you start over, which is what you should've done from the get go.
I'm sure the idea of an investment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portfolio.
@@joshbarney114 Trustworthiness is the issue: Entrusting someone with your finances requires a high level of trust. It can be difficult to determine if a financial advisor is reliable and has your best interests at heart. It's essential to find an advisor who operates with integrity and adheres to ethical standards. But you seem to have it all worked out good for you, so I’m by my screen waiting for your recommendation.
@@eloign7147 I definitely share your sentiment. My Financial adviser ‘’Colleen Janie Towe’’ is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
Currently i can attest to the fact that I make $18,300 weekly through trading which is more better then my monthly salary job. Trading becomes my passive income.
Becoming a good trade takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
The 1% Millionaires stay rich by staying off high interest debts and investing passively. Personally i made my first million from having investments that spreads across stocks, etfs, coins and bonds. What i can say to early investors is diversification and solid management..at this point I'm actually grateful for my advisor ‘’JULIE ANNE HOOVER.. it's been great.
"Emotion can be the enemy, if you give into your emotion, you lose yourself. You must be at one with your emotions, because the body always follows the mind." --Bruce Lee
Controlling the risk per trade...taking that trading not as 100m at Olympic games , but a long marathon, are good insights. Once again thanks for another superb video.
Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.
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 financial advisors for a strategy that suits your timing.
I totally agree, I'm 60 and newly retired with about 1.2 million outside retirement funds, no debt, and very small dollars in retirement funds compared to my portfolio balance over the past 3 years till date. tbh, the role of the invt-advisor can only be overlooked, not denied. just have to do your research in finding a reputable one.
I'm glad I stumbled across this discussion. If you don't mind, could you tell me how to reach this investment adviser who helps you with your investments?
I really don't like making such recommendations, because everyone's situation is unique. But there are plenty of independent investment advisėrs you could check out. I've been working with "Julie Anne Hoover " for about four years and she's very, very good. If she meets your discretion, then you could go ahead with her.
Think it would possibly shake anybody's discipline and emotions if they had a trading drawdown of 32 losses in a row using an approximately 50:50 RRR strategy, as in the roulette scenario in your video, of course, even with an edge, anything can and will happen in the world of probability, but please Lord, not today! Thanks very much, FW, for the interesting and helpful content you provide.
I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.
I’m both a dividend and growth investor and there are Great dividend stocks out there! The trick is to diversify and put in enough to where you actually get good dividend payments Monthly. I made my first million from repositioning and rebalancing
I have copied trades of a financial adviser and portfolio manager Helene Claire Johnson for over a year now, she is quite dexterous. Although this is done automatically I have been able to learn a few tricks to help me trade on my own. She takes a performance fee after you have made profits, her style of trading suits me perfectly and I recommend her to you.
Thank you for your video. I've been stuck in the cycle of consistently making profit for months and ended up wiping all in 1 day of emotional and revenge trading. It's happened like 4 times already. I relied solely on mental stop loss, now I use strict stop loss, because i know, mentally, as a human, i will eventually make mistake.
Yeah, I’m not trading much at the moment but when I do fire up the account again I will probably go back to one of my brokers that allows a lot of stops and caveats to each trade. I’d rather a mechanical stop, because I too know that I will likely make too many unnecessary blunders if I am using mental stops.
Over trading and emotions wreck you. I've joined a few groups and I find good cryptos myself but I'm not committing to them. They blast to the roof every time I get out. Or I haven't put on stop losses. I'm the worst in the world. So I'm taking a step back, trading less with stops and take profits. Otherwise I spend days looking at a screen. Go to bed and lose massive chunks out my portfolio 😣
Thanks Gareth. Valuable insights as always. Key point - it's about the process not the outcome. (One of my earlier mistakes was to think the process was OK because the outcome was good. And vice versa. Outcome bias is one of the hardest to spot!)
One of the best techniques to get consistency profit is to always make backtesting on the past market. It’ll activate your subconscious mind. Trading is like drive a car. We should to look behind through side mirror. If not we will trouble with eccident. like being slaughtered with the market.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@@monicawill5 This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently….
The adviser I'm in touch with is Dawn Maureen Humphrey She works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
If you can take the trade without expections and focusing the probabilities then taking the trade definitely you can win 💯 And more important thing is focusing the probabilities that one reduce your losses as well 💯..
This is a great video ,I learn a lot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies...Thanks to Mrs. Betty K Cargill for improving my portfolio. Keep up with the good videos.
I have traded with many individuals but I have never met anyone as good as Mrs.Betty K Cargill , just by applying her strategies I now trade independently. she is the best i would advise any investment newbie to trade with her
The only problem is the concept that short term trading is unpredictable. There are predictable moves in the short term charts, like gap closing, structure rejection...The fact that long term works for you is great, but it would not for me, cause I'm fast, and well equiped to trade the "now"! It depends on someone's nature, which is my message to you.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Catherine Gauthier.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
only the beginning is absolutely correct, the rest is complete crap! Market is well organized, moves in ever repeating pattern! It is unfamiliarity with this pattern perpetuate this b/s about market unpredictability - do not buy into this crap! They used to say that game of poker was game of luck, until the same handful of top players end up at the finals every single tournament. Same with the markets, there are consistent winners and the rest who simply do not know or understand the market context. Markets are not random, are not chaotic, markets are well organized and are driven not by supply and demand!!! This is one huge fallacy! Markets are driven by market makers/smart money/providers of liquidity. Learn to follow the smart money or trend, as I call it, and you can consistently be profitable and not pollute your mind with trash like this.
He does make a solid argument regarding Risk Management. One simply cannot ignore that if they want to be successful. However I do agree with your theory regarding SM controlling the Markets.
Very engaging. Tried many trading EA/Indicators out there none works out well, can someone recommend any, my finance is draining by the management of wrong people
Extraordinary is the right word to describe Mr. Aaron Billy! he's experience as a trader and he EA copier/Indicators are so accurate. I have profited over $74,000 from last month of trading with it so far
Thank you, love your videos! As a suggestion Denise Shull has some wonderful modern insight on psychology and a video from you on her concepts would be great. Thanks again for all your hard work for us!!
Hi. Do you have a video on what are the various statistics to track? And how to go about collecting data, building calculators etc. for such metrics? It would be really helpful. Thanks.
Also, you could basically move any of those losing trades worse than -10, upto being -10, because no one trading "professionally" should be allowing their losers such a loose leash... I believe Minnervini and anyone following in the footsteps of O'Neil, like David Ryan, tend to keep their losers at 7-10% max, but will cut them even sooner if the chart starts to look off.
I think the title is missleading, if we trade without emotions than we would trade more erratic and not "feel" danger coming up on us thru lev2, PA n charts. I really believe emotions can guide us in trading, as long the emotions are not overwhelming and we can't think rationally when inside the trade. Just my thoughts on it
@@FinancialWisdom what happened after 16 months? Did the market change? Was it bear to bullish? Or did you change your strategy? How did you turn the tide?
@@barrygysbers5632 I'd be happy to go through strategies with you. For example, I recently entered a trade for b and m and it went down in price immediately. I'd checked various indicators, but it still went against me :-/ what do you think?
I would say “let’s investigate further!” The pond between us is somewhat of an obstacle, but if you are as reliable as you claim, then the effort will be well worth it. For both of us. For starters, kindly provide the date of your B&M trade. The chart currently looks rather good, so it must have been some time ago. Also, how many trades per year go against you? Can we mine enough gold, by doing this, in other words? Thanks for your interest and reply!
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@AnitaCacoa I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor 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 my advisor for over 2years+ and I've netted over 2.8million.
@@SallyW414 I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@BradleyCh My advisor is Dawn Maureen Humphrey , 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
Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
You need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, Etf's, the 11 GICS groups, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings.
@@stellaadams593 That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on...
@@brendazvandasara I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@gowonjake Having a counselor is essential for portfolio diversification. My advisor is "Claudia Trinidad Rivas" who is easily searchable and has extensive knowledge of the financial markets.
@@brendazvandasara Thanks for this tip. Her website popped up on the first page immediately I searched Claudia’s name, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.
You've made something special here! If you're interested, a similar book awaits your reading. "A Life Unplugged: Reclaiming Reality in a Digital Age" by Theodore Blaze
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Michelle Stewart
I invest with Mrs Michelle Stewart 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 was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
There are a lot of independent advisors you might look into. But i work with Nicole Desiree Simon , and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. Even in a downtrend, the stock market/crypto has plenty of opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.
You are so right. I know because my advisor is able to find so many good plays. My portfolio literally went from $300k to $1.1m last year (not counting withdrawals I made) all really exciting. I guess it’s the experience and better judgement and of course the said courage.
Hey! Please who is this advisor of yours? I guess success really means total knowledge and I hope he/she can help me get back what I lost. Can I have easy access to reach out?.
@@mayacho4910 My consultant is 'BRIDGET MARY TUROW", she provides the entry and exit points on the securities I focus on. You can look her up online. I follow her trade pattern and haven’t regretted doing so.
@@stellamoore720Access to good information is what we investors need to progress financially and generally in life. here's a good one and I am grateful. Found her website and it was really impressive.
I dont understand why these self-proclaimed profitable traders sell courses, open yt channel subscription, or sell books if they can actually extract infinite amount of capital from trading.
I began my investment journey at the age of 33, primarily through hard work and dedication. Now at the age of 38, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U
My Breakout Scanner - bit.ly/3ea6sl8
My Forum - www.financialwisdomTV.com/service
My Strategy Blueprint - www.financialwisdomtv.com/service
Stockopedia 25% Discount - bit.ly/2YIcAIn
Trading Simulator - www.financialwisdomtv.com/shop
11 months of trading. $67k saved, debts cleared, and a portfolio just shy of a quarter million. Taking trading into consideration last year was worth it in retrospect.
Wow that's impressive. I don't mean to be all nosey but can you share how you're doing it? Everything about trading seems quite complicated.
I didn’t have any prior trading experience. A CFA, Herman W Jonas has taken all the guesswork out ever since I got into his program. My initial capital of $15k traded over the short term yielded me huge profit plus bonuses. It’s all about accumulating wealth through trading.
That's your view. In my experience, there is no such formula, it is nearly impossible to achieve success with trading. It’s all just gambling.
I’ve made more losses than profits since I started trading and it's quite embarrassing at this point. Can he help me?
Hermanw jonas that’s his gmail okay
Every new trader should watch this video 100 times
In terms of trading with discipline, Taking less trades would be way more effective because it is less likely for you to make mistakes and your concentrations are relatively high.
Regardless of how many trades you take you are still likely to lose money provided you're not trading through professional mentorship. I can guarantee you it mostly takes the assistant of an expert to know the right market entries and exist to make while trading and that is the most important aspect of successful trading.
There are way too many unavoidable mistakes in the market that often leads to loss of trades.
When Focusing on the contrary in the market, it is easy to want to trade a lot but in the end taking less trades would help improve your support and resistance level
@LAISONHERBERTS Getting to know the right market entries and exit has been a deal breaker for me. Still new and studying out the market,Can you offer please some assistance bro?
sadly I can’t really offer trading assistance. But then again, I trade through the administration of licensed broker cooper. He is a prominent Trader, you can con tact him if you're seeking trading assistance of any kind.
you can not trade without emotions, rather be aware of your emotions and manage them
The comment about Mark Minervini and the Veen Diagram showing Losses vs Wins (inner circle, smaller dots in red vs outer circle, larger dots in green) really did it for me in terms of explaining proper trading psychology based on sound trading principles (I looked-up a few of his RUclips videos, and your description of his approach to trading is 100% accurate).
Thank you and good trading in the New Year (2024)! :D
Thanks and same to you 😊
Yep. Was definitely treating day trading like roulette.
It’s crazy how you can start so well, and then just throw everything away (and more), just because one trade doesn’t go your way.
Mark Douglas changed my life. I watched his 6 hour workshop 60 times, until every fiber in my body was aligned with the content Mark provided. You actually don't need another guru, he says it all, right then and there.
Yet so many fail because of their ignorance to it😌
Pls can you share the link
@@madhumonpy2041 ruclips.net/video/hKZGUAL_yQI/видео.html
Mark Douglas..MY GURU....❤
Where can I find this 6 hour workshop?
My lack of emotional control has killed me the last two weeks after I resumed live trading again after several months of re practicing simulation. You have to trade live to really know your weaknesses and strengths. IMO, technical analysis is not the hardest part of trading. Emotional control is. It is a factor of difficulty that I never even imagined. Getting emotional discipline is my new mission. The best advice on this video is to focus on process and strategy over profits. Doing the reverse was killing me. Re tooling my brain as I write!
Trading success is not about predicting the market; it's about consistently executing a sound strategy with discipline and patience.
Once upon a time, I was an eager investor. With high hopes and dreams, I diligently built my investment portfolio over the years. But as the tides of the market turned against me, my once-promising investments began to crumble. Stock prices plummeted, bonds defaulted, and my hopes faded away. With each passing day, my portfolio dwindled, mirroring the sinking feeling in my heart. I watched helplessly as my hard-earned savings vanished, leaving behind a lingering sadness and a stark reminder of the unpredictability of the financial world. I'm here again because I want to get back on track.I need ideas to get on on a recovery process.
Losses can provide valuable lessons and insights into the intricacies of the financial market. They can highlight areas where improvements can be made in investment strategies, risk management, or research. By reflecting on the losses and learning from mistakes, one can enhance their knowledge and skills, which can contribute to future success. I don;t have much to give but my thoughts are with you.
You can get back on track by following this simple process: Take stock of your financial goals, risk tolerance, and investment timeline. Understand your investment losses and the factors that contributed to the decline. This self-assessment will help you communicate your needs effectively to a financial advisor. Remember to seek the help of a professional financial planner(CPF) as you start over, which is what you should've done from the get go.
I'm sure the idea of an investment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portfolio.
@@joshbarney114 Trustworthiness is the issue: Entrusting someone with your finances requires a high level of trust. It can be difficult to determine if a financial advisor is reliable and has your best interests at heart. It's essential to find an advisor who operates with integrity and adheres to ethical standards. But you seem to have it all worked out good for you, so I’m by my screen waiting for your recommendation.
@@eloign7147 I definitely share your sentiment. My Financial adviser ‘’Colleen Janie Towe’’ is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.
one of the best trading videos i have ever watched..
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
I will love to be your friend dear as well as sharing some i dears which you're benefiting.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
Hey how good are your earnings I will like to get some insights into trading thank you.
Currently i can attest to the fact that I
make $18,300 weekly through trading
which is more better then my monthly salary job. Trading becomes my passive
income.
I can relate to all you said becaus am facing similar thing right now.
Congratulations I wish you more success.
Becoming a good trade takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
The 1% Millionaires stay rich by staying off high interest debts and investing passively. Personally i made my first million from having investments that spreads across stocks, etfs, coins and bonds. What i can say to early investors is diversification and solid management..at this point I'm actually grateful for my advisor ‘’JULIE ANNE HOOVER.. it's been great.
i'm happy there are lots of people doing so well...Love this channel for the transparency
@@carssimplified2195 Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.
@@shannonsally455😂 Yeah right!
Sir...can you advise me to built trading phycology... please
Whenever I am getting series of loses, I come here and watching these videos ....
"Emotion can be the enemy, if you give into your emotion, you lose yourself. You must be at one with your emotions, because the body always follows the mind."
--Bruce Lee
Psychology matters most & this video does gives the guidelines to the proper psychology in trading.
I love your channel as a beginning trader this helps me be very conscious of my trading thank u
Happy to hear that!
Just the best lessons about trading in internet. Love it
Thanks🙏
Controlling the risk per trade...taking that trading not as 100m at Olympic games , but a long marathon, are good insights. Once again thanks for another superb video.
Well said!
Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.
consider financial planning.
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 financial advisors for a strategy that suits your timing.
I totally agree, I'm 60 and newly retired with about 1.2 million outside retirement funds, no debt, and very small dollars in retirement funds compared to my portfolio balance over the past 3 years till date. tbh, the role of the invt-advisor can only be overlooked, not denied. just have to do your research in finding a reputable one.
I'm glad I stumbled across this discussion. If you don't mind, could you tell me how to reach this investment adviser who helps you with your investments?
I really don't like making such recommendations, because everyone's situation is unique. But there are plenty of independent investment advisėrs you could check out. I've been working with "Julie Anne Hoover " for about four years and she's very, very good. If she meets your discretion, then you could go ahead with her.
Think it would possibly shake anybody's discipline and emotions if they had a trading drawdown of 32 losses in a row using an approximately 50:50 RRR strategy, as in the roulette scenario in your video, of course, even with an edge, anything can and will happen in the world of probability, but please Lord, not today! Thanks very much, FW, for the interesting and helpful content you provide.
With the joy of new learning, I remain in the beginner stage and am actively studying within the NFC community
this is gold,, i needed this video
I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.
I’m both a dividend and growth investor and there are Great dividend stocks out there! The trick is to diversify and put in enough to where you actually get good dividend payments Monthly. I made my first million from repositioning and rebalancing
That sounds great and what signal do you invest with?
I have copied trades of a financial adviser and portfolio manager Helene Claire Johnson for over a year now, she is quite dexterous. Although this is done automatically I have been able to learn a few tricks to help me trade on my own. She takes a performance fee after you have made profits, her style of trading suits me perfectly and I recommend her to you.
Look up her name on the webpage
Thank you for your video. I've been stuck in the cycle of consistently making profit for months and ended up wiping all in 1 day of emotional and revenge trading. It's happened like 4 times already. I relied solely on mental stop loss, now I use strict stop loss, because i know, mentally, as a human, i will eventually make mistake.
Yeah, I’m not trading much at the moment but when I do fire up the account again I will probably go back to one of my brokers that allows a lot of stops and caveats to each trade. I’d rather a mechanical stop, because I too know that I will likely make too many unnecessary blunders if I am using mental stops.
How do you make profit?
Do you trade stocks, options?
Stocks
@@FinancialWisdom how do you offset the current bear market/banking crisis?
How do you pick stocks. It seems random for me.
Over trading and emotions wreck you. I've joined a few groups and I find good cryptos myself but I'm not committing to them. They blast to the roof every time I get out. Or I haven't put on stop losses. I'm the worst in the world. So I'm taking a step back, trading less with stops and take profits. Otherwise I spend days looking at a screen. Go to bed and lose massive chunks out my portfolio 😣
Thanks Gareth. Valuable insights as always. Key point - it's about the process not the outcome. (One of my earlier mistakes was to think the process was OK because the outcome was good. And vice versa. Outcome bias is one of the hardest to spot!)
Well said!
Great work! I love listening to this wonderful wisdom from a wise trader! This is a great channel!
One of the best techniques to get consistency profit is to always make backtesting on the past market. It’ll activate your subconscious mind. Trading is like drive a car. We should to look behind through side mirror. If not we will trouble with eccident. like being slaughtered with the market.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@@monicawill5 This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently….
@@monicawill5 wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
The adviser I'm in touch with is Dawn Maureen Humphrey She works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
Beautifully presented, so concise.
If you can take the trade without expections and focusing the probabilities then taking the trade definitely you can win 💯 And more important thing is focusing the probabilities that one reduce your losses as well 💯..
So you mean that we should just follow the Trend ?
ALWAYS VALUE!!! Much Love for the Van Tharp Memorial Stone. Favourite trading teacher of all time. 🙏💙
The best!
This was some stuff. Count me in for that group
This is a great video ,I learn a lot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies...Thanks to Mrs. Betty K Cargill for improving my portfolio. Keep up with the good videos.
Wow, amazing to see others trading with Ms.Betty K Cargill, I am currently on my 5th trade with her and my portfolio has grown tremendously.
You can communicate with her by telegrm with the username below...
Investwithcargill💯
I have traded with many individuals but I have never met anyone as good as Mrs.Betty K Cargill , just by applying her strategies I now trade independently. she is the best i would advise any investment newbie to trade with her
Greetings, I’ve seen positive reviews of this woman Betty K Cargill for about the fourth time now, I think I’ll have to give it a try.
Watching from Brazil. Thanks for sharing.
Thanks for watching! From the UK
Best Toutube channel ever❤🙌❤
You are very welcome
@@FinancialWisdom Thanks mate
The only problem is the concept that short term trading is unpredictable. There are predictable moves in the short term charts, like gap closing, structure rejection...The fact that long term works for you is great, but it would not for me, cause I'm fast, and well equiped to trade the "now"! It depends on someone's nature, which is my message to you.
True, someone love to do scalping and take profit to find another option rather than wait for 5RR like Swing order
Successful investing is about discipline, not chance.
#DisciplinedInvesting #WealthStrategy
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Catherine Gauthier.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Catherine Gauthier too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Tried and true, well-grounded message we all need to hear from time to time. Impressive video production skills.
Thanks 👍
You do this by practicing long enough. Not by trading for a few months hoping for that Lamborghini.
only the beginning is absolutely correct, the rest is complete crap! Market is well organized, moves in ever repeating pattern! It is unfamiliarity with this pattern perpetuate this b/s about market unpredictability - do not buy into this crap! They used to say that game of poker was game of luck, until the same handful of top players end up at the finals every single tournament. Same with the markets, there are consistent winners and the rest who simply do not know or understand the market context. Markets are not random, are not chaotic, markets are well organized and are driven not by supply and demand!!! This is one huge fallacy! Markets are driven by market makers/smart money/providers of liquidity. Learn to follow the smart money or trend, as I call it, and you can consistently be profitable and not pollute your mind with trash like this.
He does make a solid argument regarding Risk Management. One simply cannot ignore that if they want to be successful. However I do agree with your theory regarding SM controlling the Markets.
I love trading knowledge
Great... more to come.
Very engaging. Tried many trading EA/Indicators out there none works out well, can someone recommend any, my finance is draining by the management of wrong people
Extraordinary is the right word to describe Mr. Aaron Billy! he's experience as a trader and he EA copier/Indicators are so accurate. I have profited over $74,000 from last month of trading with it so far
Can you show the comparison of your crypto strategy with buy and hold curves for diferent cryptos, I really like your dual macd
Ms. Market I love you
Yes! Trading is not Gambling!
thanks for great videos
Glad you like them!
Thank you, love your videos! As a suggestion Denise Shull has some wonderful modern insight on psychology and a video from you on her concepts would be great. Thanks again for all your hard work for us!!
I'll check it out!
Hi. Do you have a video on what are the various statistics to track? And how to go about collecting data, building calculators etc. for such metrics? It would be really helpful. Thanks.
Great video
Thanks!
I trade with BCR, Australian broker, definitely recommend!!
These trading video sounds reasonable
Also, you could basically move any of those losing trades worse than -10, upto being -10, because no one trading "professionally" should be allowing their losers such a loose leash... I believe Minnervini and anyone following in the footsteps of O'Neil, like David Ryan, tend to keep their losers at 7-10% max, but will cut them even sooner if the chart starts to look off.
I’m impressed, thanks Soo much,learnt alot
You are very welcome
very very Usefull thanks♥
You need a model/edge which works more often than not. Then psychology should be focused on.
Do you invest in the FTSE or the SPX
Spx
Try and error is best way. Many loss with painful experiences is must come first
Thanks for this
the importance of maintaining emotional stability when trading, fadhillah ahmad also teaches this material in clear forex nfc.
I think the title is missleading, if we trade without emotions than we would trade more erratic and not "feel" danger coming up on us thru lev2, PA n charts. I really believe emotions can guide us in trading, as long the emotions are not overwhelming and we can't think rationally when inside the trade. Just my thoughts on it
Thank you
You are talking every video about your strategy can you make one showing your returns for your trading and how you started.
Once I enter a trade, the market moves against me. Anyone else have this problem?
For 16 months yes
@@FinancialWisdom what happened after 16 months? Did the market change? Was it bear to bullish?
Or did you change your strategy? How did you turn the tide?
No, but if this is reliable, send me your trades, and I will split the profits with you!
@@barrygysbers5632 I'd be happy to go through strategies with you.
For example, I recently entered a trade for b and m and it went down in price immediately.
I'd checked various indicators, but it still went against me :-/ what do you think?
I would say “let’s investigate further!”
The pond between us is somewhat of an obstacle, but if you are as reliable as you claim, then the effort will be well worth it. For both of us.
For starters, kindly provide the date of your B&M trade. The chart currently looks rather good, so it must have been some time ago.
Also, how many trades per year go against you? Can we mine enough gold, by doing this, in other words?
Thanks for your interest and reply!
awesome character for the market guy lol.👿👿
Thanks 😀
Do u have a course where you teach your trading methods?
In my forum and through our pdf
лучшая связка - все сработало быстро и четко!!!
Fantastic video.
Rules are developed from your subjectivity, as your personal life is purely subjectively relative to you...
Well said, nd timely video in present mkt situation. It's really bad mkt to trade
Very...
@@FinancialWisdom I find it hard to get into trades at the moment. Everything seems to be tanking - wherever I turn.
I want to buy your book, is it only pdf?
Currently yes, you can download and print
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@AnitaCacoa I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor 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 my advisor for over 2years+ and I've netted over 2.8million.
@@SallyW414 I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@BradleyCh My advisor is Dawn Maureen Humphrey , 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
@@SallyW414 she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
Very good.😊
Thank you! 😃
wow cool thanks for sharing
Thanks for watching!
Is it foolish to assume candles have no memory when they are single things we rely on to show us support and resistance?
Fantastic..thanks very much..
Thank you too!
This title opt for me one recent trade///
90 % of trading is mindset 5% buying 5% selling that’s it
Following all your videos are good🎉
Quick!
Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
You need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, Etf's, the 11 GICS groups, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings.
@@stellaadams593 That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on...
@@brendazvandasara I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@gowonjake Having a counselor is essential for portfolio diversification. My advisor is "Claudia Trinidad Rivas" who is easily searchable and has extensive knowledge of the financial markets.
@@brendazvandasara Thanks for this tip. Her website popped up on the first page immediately I searched Claudia’s name, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.
very helpful!
Thanks Dima
You've made something special here! If you're interested, a similar book awaits your reading. "A Life Unplugged: Reclaiming Reality in a Digital Age" by Theodore Blaze
How to join the group
www.financialwisdomtv.com/service
Thanks
Plan your investments with a reliable and profitable expert, I can assure you that in a few weeks or days, your account will be more than a dream
I wanted to trade crypto but got confused by the fluctuations in Prices
My first investment with Mrs Rebekka gave me profits of over $25,000 and since then she’s the only person trading for me
The most common mistake I see new investors make is rushing into forex and cryptocurrency without any guidance and experience from an expert
I agree but finding a professional for guidance ain’t as easy as it sounds. Cause I’ve been searching for one
I'm from Tokyo I connected with Mrs Rebekka and she has helped me alot, she makes so much profits for me and she's the best I can invest with so far
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Michelle Stewart
wow.. amazing to see others who trade with Mrs Michelle Stewart, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
I invest with Mrs Michelle Stewart 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 Michelle Stewart 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 investing with Mrs Stewart, there's no doubt she is the most reliable in the market. such a genius
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
There are a lot of independent advisors you might look into. But i work with Nicole Desiree Simon , and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Amazing video!!!!!!!!!!!!!!!!!!!!!!!!!!! :)
You are so kind
Starting early is the best way of getting ahead to build wealth, investing remains a priority. Even in a downtrend, the stock market/crypto has plenty of opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.
Courage taught me: no matter how bad a crisis gets, any sound investment will eventually pay off.
You are so right. I know because my advisor is able to find so many good plays. My portfolio literally went from $300k to $1.1m last year (not counting withdrawals I made) all really exciting. I guess it’s the experience and better judgement and of course the said courage.
Hey! Please who is this advisor of yours? I guess success really means total knowledge and I hope he/she can help me get back what I lost. Can I have easy access to reach out?.
@@mayacho4910 My consultant is 'BRIDGET MARY TUROW", she provides the entry and exit points on the securities I focus on. You can look her up online. I follow her trade pattern and haven’t regretted doing so.
@@stellamoore720Access to good information is what we investors need to progress financially and generally in life. here's a good one and I am grateful. Found her website and it was really impressive.
How do iI get the group to add
Www.financialwisdomtv.com
Trade small!!!
Wow 👏👏
Thank you! Cheers!
I dont understand why these self-proclaimed profitable traders sell courses, open yt channel subscription, or sell books if they can actually extract infinite amount of capital from trading.
It's call diversification.
Please write a 📚📚📖✏️ book✍️🙏🙏🙏
I am that close to ask you to becone accredited financial advisor and open your actively managed fund. :-)
Deal!
I began my investment journey at the age of 33, primarily through hard work and dedication. Now at the age of 38, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
Thanks, I just googled her I'm really impressed with her credentials. I reached out to him since I need all the assistance I can get.
expensive for me, 60 gpb= 2668 try
Lost $200 today. I was crying like the cartoon man!