Day trader talks consistency, strategy, volume • Mike Katz

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  • Опубликовано: 30 янв 2025

Комментарии • 91

  • @ChatWithTradersPodcast
    @ChatWithTradersPodcast  7 лет назад +14

    Full show notes for this episode, available here: chatwithtraders.com/156
    Sponsored by NAAIM--learn more, enter and compete in the 2018 Shark Tank strategy comp: naaim.org/traders
    Thanks for listening!

    • @sciggler2880
      @sciggler2880 7 лет назад

      When are you going to launch your own forum or chat room?! Maybe that might be too noisy for a trading community?

  • @Hugo-xj2mj
    @Hugo-xj2mj 4 года назад +39

    35:20 know when you're wrong
    39:06 volume
    42:50 manage risk
    44:46 how to know when to size down

  • @pedropablopimientaperez96
    @pedropablopimientaperez96 4 месяца назад +1

    These episodes with Mike Katz are pure gold !thanks for sharing, CWT is the GOAT !

  • @gauravagarwal2900
    @gauravagarwal2900 7 лет назад +22

    man, i usually don't write comments on any video but i really like the questions you've asked each and every trader; very precise and effective. Thanks!

    • @jyoung6708
      @jyoung6708 3 года назад

      hes the best , he really is, he listens well.

  • @Gia_Java
    @Gia_Java 7 лет назад +48

    Aaron, you created an amazing contribution to us - traders! thanks soooo much! youre amazing!!!

  • @TTTTrisha
    @TTTTrisha 7 лет назад +21

    Can't appreciate your podcast enough Aaron. There's such diversity in types of traders you interview. What you're doing is the true gem for the trading community. Keep it up mate! 🤘🏻🤘🏻

  • @pahriz
    @pahriz 4 года назад +2

    A lot of common sense here...nothing I didn't know before, but...Michael Katz put it together in such a way that I have a deeper understanding! For me, understanding, even if it's just helps me hold onto winners longer and cut losers shorter...trading with confidence leads to better trades...I hope

  • @hamish5712
    @hamish5712 5 лет назад +4

    Awesome podcast. Michael Katz "have a business plan for each setup" is gold. Everyone should listen to this. Your recent work with him on the LYFT trade was awesome. Keep it up mate.

  • @MrMacRod
    @MrMacRod 4 года назад +2

    I like the simplicity yet full of Value interview, he sounds very humble, keep up the good work

  • @lolikalopareva2739
    @lolikalopareva2739 3 года назад +2

    I love this channel on my drive to and from work.

  • @johndirico4212
    @johndirico4212 7 лет назад +5

    Nice interview! Many good principles reinforced. Good reminder in there that most winners start winning right from the start.

  • @jakeracz9146
    @jakeracz9146 3 года назад +1

    Love when he goes into volume profile. Learning to use volume profile completely changed my understanding of technical analysis. Specifically value area highs and lows and most importantly previous days points of control. Since using volume profile I often find my support and resistance levels are more or less spot on. Everyone says it’s only beneficial for futures but I’ve not found this to be the case whatsoever

    • @tjhammer24
      @tjhammer24 3 года назад

      You time frame specific volume signal searching in this regard? How you applying it? I reference volume a lot but still can't implement it consistently as a strategic indicator

  • @gardendwellerTX
    @gardendwellerTX 6 лет назад +3

    Mike Katz is one of my favorite traders, the Seven points trader takeaways are top notch

  • @dontwantid
    @dontwantid 4 года назад +9

    43 minutes in and onwards when he talks about risk and when to scale back - that's where all new traders need to start and that's basically golden advice right there. Seems so unbelievably obvious, and it is, but it's just not common sense, as in, it makes a lot of sense but it's not commonly known.

  • @ІгорСтепанюк-т7ю
    @ІгорСтепанюк-т7ю 2 дня назад +1

    Awesome interview 👍
    Thank you very much

  • @spencereng
    @spencereng 7 лет назад +15

    Awesome stuff, great follow up questions.

  • @hamisintunzwenimana8083
    @hamisintunzwenimana8083 Год назад

    Great
    Technical
    1. Tharp Think; edge, Business plan, etc.
    2. System / Rule Based

  • @simonroese2596
    @simonroese2596 4 года назад +1

    I like as soon as i play the vid for a second or two
    Quality content and consistent!
    Keep it up champ

  • @danle746
    @danle746 3 года назад

    Really great content, l will listen back to this episode at least 10 times to soak up the great advice.

  • @fantasyteamshorts6112
    @fantasyteamshorts6112 4 года назад +1

    Aaron this was one of the best video ever

  • @arsa4fun
    @arsa4fun 7 лет назад +7

    where the hell you found this kind of people! very motivation !!! Thanks mate!

  • @Vykintas00
    @Vykintas00 3 года назад

    It's amazing, wish i had found your podcast 5yrs ago

  • @ahmedhussain3638
    @ahmedhussain3638 3 года назад

    Great Questions Aaron...
    A few i wish you to ask someone one day.
    a) how do you know that its the one to buy... because a screener can give more than one option. Is it love at first sight or u go into the background to see if its worth it or just the charts speaks back to you ....
    b) how do experts scale up and scale down....do you limit your investment to certain percentage of your portfolio or change accordingly.

    • @Madu_abuchi1
      @Madu_abuchi1 3 года назад

      Contact me through my business number
      (+4. 4. 7. 8. 6. 8. 7. 2. 1. 0. 5. 1.) WHAT$@PP

  • @surething119
    @surething119 2 года назад

    Aaron is the God of Podcast
    and probably a great trader

  • @stevenragan8400
    @stevenragan8400 3 года назад

    Great interview, probably the fifth time I’ve listened

  • @JasonStevenson1
    @JasonStevenson1 7 лет назад +2

    Amazing podcast, Aaron! Michael is a gun, helped me fill up three pages of notes!

  • @MrJoshuaCoppins
    @MrJoshuaCoppins 7 лет назад +6

    great Value Thanks Michael

  • @therepulsiveman4919
    @therepulsiveman4919 7 лет назад +5

    Great Podcast

  • @iguniiverse5179
    @iguniiverse5179 3 года назад

    31:10 - This got me laughing my ass off!!!!!!! Sounds like "He'll FarQ" 😂

  • @nichhikara5779
    @nichhikara5779 6 лет назад +5

    Blew up account yesterday. Never walking away from computer without a stop order

    • @owenwalker1774
      @owenwalker1774 6 лет назад +1

      Sorry to hear that! :(

    • @b105n8
      @b105n8 4 года назад

      How much was your account?

  • @chominj
    @chominj 6 лет назад

    Great Podcast Aaron, appreciate it!

  • @leonardomoreira1151
    @leonardomoreira1151 7 лет назад +2

    good questions! thnaks Aaron

  • @RagnarokCo
    @RagnarokCo 6 лет назад +11

    Great interview, I would be scared to ask him those questions cause he sound like he in the mob and I'd rather mind my own business

  • @blowintrees4885
    @blowintrees4885 3 года назад

    This one is a gem

  • @FelixPavlov
    @FelixPavlov 5 лет назад +1

    Great! Thank you👍

  • @willcamp6685
    @willcamp6685 5 лет назад

    loved this one thanks again

  • @TheRealMe15
    @TheRealMe15 7 лет назад +4

    Hello Aaron. please do Sean Dekmar of DEKMAR TRADES next. he is also more than willing. thank you!

  • @simonwilliams7682
    @simonwilliams7682 7 лет назад +3

    Fantastic stuff Many thanks!!

  • @tjhammer24
    @tjhammer24 Год назад

    47:25 how he defines edge

  • @johnb4091
    @johnb4091 4 года назад +5

    He trades basically everything, using any strategy, in any time frame, with no fees... 🤔 He's a manager, not a trader imo.

    • @Q_QQ_Q
      @Q_QQ_Q 3 года назад

      prop trading

  • @KillaKam922
    @KillaKam922 6 лет назад

    thanks for the gems!

  • @pardeepdutt9412
    @pardeepdutt9412 5 лет назад

    Hey bro i love your interviews always good stuff .I want to know how to start day trading in Australia.can i day trade us stocks from australia ?
    if anybody knows please write a comment
    thanks in advance

    • @rayl2354
      @rayl2354 5 лет назад

      @Lakelz what other Australian brokers would you recommend or not recommend?

    • @Madu_abuchi1
      @Madu_abuchi1 3 года назад

      I appreciate your comment. you can contact my broker for more knowledge and assistance on trading.

    • @Madu_abuchi1
      @Madu_abuchi1 3 года назад

      +. 4. 4. (7.8.6.8). 7. 2. 1. 0. 5. 1 WHAT$@PP

  • @josuer.f.9042
    @josuer.f.9042 3 года назад

    Smart man 😉

  • @stamatouvable
    @stamatouvable 7 лет назад +4

    He sounds like Steven Siegel

  • @dennisp7689
    @dennisp7689 3 года назад

    How does he feel about Bitcoin now

  • @handyrams4664
    @handyrams4664 6 лет назад +1

    Crypto started to crash at the time this video was put out. I'd say it started to crash before.

  • @donstanley9943
    @donstanley9943 4 года назад +2

    I got nothing from this. However, guys voice is impressive. Very mafioso, he kind of looks the part as well.

  • @Luffytoro
    @Luffytoro 3 года назад +2

    Came Here after giving away my weekly gain coz of poor position sizing 🤦

  • @nofear6235
    @nofear6235 3 года назад

    klass!

  • @lindah3954
    @lindah3954 7 лет назад +3

    I'm just a cook.

  • @videogameschool101
    @videogameschool101 4 года назад

    18:13

  • @Tbessix220
    @Tbessix220 7 лет назад

    Can anyone tell me if this video talks about Forex? Because i'm not interested in stocks... Thank you

    • @bohemiancasanova5538
      @bohemiancasanova5538 7 лет назад +2

      Its all connected. There arent many forex focused videos on chat with traders but it doesnt matter. 90 percent of the info applies on forex as well.

    • @Tbessix220
      @Tbessix220 7 лет назад +1

      Thanks for your comment, But i think The forex market and Forex Day Trading in general are a little bit different than equity markets, cryptos...

    • @bohemiancasanova5538
      @bohemiancasanova5538 7 лет назад +2

      Ya it probably depends on what you want to get out of those videos. For me its pure inspiration since Ive been trading a long time and dont need any knowledge or strategy.

    • @Tbessix220
      @Tbessix220 7 лет назад

      Ah great! For me i need experience from successful forex day trades... Have you ever came across a video like that in this channel?

    • @bohemiancasanova5538
      @bohemiancasanova5538 7 лет назад

      Well I am from czech republic and there is an amazing forex website that also does youtube videos so that covered it for me when I was starting. But its really mostly about trading real money and learning from your mistakes. Trade as little capital as possible also. trading 1 microlot with 100dolars capital is the best you can do. And you can increase your account size after you are profitable for a few months period. But actualy I have one recommendation ruclips.net/user/AdmiralMarketsFXvideos check this out. I think AM are making solid videos and can teach you a lot.

  • @Q_QQ_Q
    @Q_QQ_Q 3 года назад

    prop trading no fees

  • @emanik2
    @emanik2 3 года назад

    No visuals on these interviews. It's inappropriate to spin wheels without any visuals on youtube.
    I like Better Systems Trader.

  • @dennisp7689
    @dennisp7689 3 года назад

    Sounds like a market maker problem CITADEL

  • @codystephenson3607
    @codystephenson3607 6 лет назад

    you should have Ricky Gutierrez on here.