The Green Line Breakout Setup and Insights from 50 Years of Trading (Must Watch!)

Access the presentations of all 27 experts from the 2022 TraderLion Conference. Learn from top traders, hedge fund managers, trading psychologists, and more - traderlion.com/YT_TLC22
In this presentation, Dr. Eric wish discusses his GMi signal/indicat and green line breakout setup. He walks through how to use both of these tools effectively and provides many different examples.
Podcast: anchor.fm/traderlion/episodes...
Enjoy!
- The TL Team
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Пікірлер: 97

  • @TraderLion
    @TraderLionАй бұрын

    Access the presentations of all 27 experts from the 2022 TraderLion Conference. Learn from top traders, hedge fund managers, trading psychologists, and more - traderlion.com/YT_TLC22

  • @CHICAGOSMAN23
    @CHICAGOSMAN23 Жыл бұрын

    This guy one one of the best you had on your show Richard, what a passion, looks like he wanna see everyone succeed.

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Thanks! He's a great teacher

  • @TraderLion
    @TraderLion Жыл бұрын

    0:00 Introduction 10:00 Resources 18:58 GMI and Market Trend 22:00 Bear Markets 23:47 T2108 at Bottoms 25:58 Darvas Boxes 31:14 Green Line Breakouts 35:55 O'Neil Trades 43:00 Roppel Trades 47:02 GLB Signal GMCR 48:41 Stan Weinstein 50:12 Yellow Band Stocks 56:26 Weekly 10:30 Charts 1:00:00 Minervini Trades 1:05:00 TC200 Demos 1:14:00 Key Takeaways

  • @FrozenDoberman
    @FrozenDoberman Жыл бұрын

    Eric Wish is one of my main trend following instructor traders. The trading system simplicity lead me to further simplicity by exclusively only trading a limited universe of ETFs.

  • @shakiragbadamosi6032
    @shakiragbadamosi60324 ай бұрын

    Amazing! You’re one of the best interviewers / students : you allowed the teacher to teach without interruption. Bless you❤

  • @TraderLion

    @TraderLion

    4 ай бұрын

    Thank you kindly!

  • @k.6160
    @k.6160 Жыл бұрын

    That was great. When he showed all the charts with the 2 lines, you could definitely see the pattern over and over. It really drives home how they look alike. It's so obvious when shows it, but in real life it's probably not so simple!😂. Great video. Thank you both!!👍👏👏👏👏

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Thanks K, if you study it enough you see it in real time. Trading may be simple but its not easy

  • @seanchen4439
    @seanchen4439 Жыл бұрын

    His words are full of wisdom and his strategy is so simple but efficient. Moreover, he's so humble and gave credits to all the fellow master traders.

  • @John3701
    @John3701 Жыл бұрын

    One of my favorite interviews from the trader conference, and I watched them all. I so wish I had Dr. Wish as my college professor, such an interesting and passionate trader and teacher! Thank you Richard for what you're bringing to the trading community.

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Thanks John! One of my favorites too of course.

  • @vijaymv24
    @vijaymv24 Жыл бұрын

    The kind of Energy Dr Wish has is unbelievable. Loved it.!

  • @goyourownway5566
    @goyourownway5566 Жыл бұрын

    I like that he’s been consistent for decades and still isn’t full time trading. My kind of life.

  • @nirsarkar
    @nirsarkar Жыл бұрын

    This is just super. Great personalities are always humble. Thanks Richard and TraderLion you are doing to great stuff!!

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Thanks!

  • @swanhomes1148
    @swanhomes1148 Жыл бұрын

    Top notch interview! He comes across as being very humble, i respect that. Thanks Dr.Wish

  • @TraderLion

    @TraderLion

    Жыл бұрын

    He has a wealth of knowledge, and we're glad he shares it!

  • @rchawla111
    @rchawla111 Жыл бұрын

    Really a wonderful session of learning from Dr. Wish 🤝

  • @rajatpai5048
    @rajatpai5048 Жыл бұрын

    Dr. Wish is my favorite person to listen to on trading. He keeps it real simple.

  • @MeganL1309
    @MeganL1309 Жыл бұрын

    What a great session from Dr Wish. Thanks for sharing his wisdom

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Glad you enjoyed it!

  • @riccardoronco627
    @riccardoronco6273 ай бұрын

    it is a rare thing to see experts willing and happy to share their experiences. Make the most of these rare opportunities.

  • @TraderLion

    @TraderLion

    3 ай бұрын

    Thanks! 😊

  • @RidwanSetiawanOfficial
    @RidwanSetiawanOfficial Жыл бұрын

    simple and easy approach to the market, thank u dr wish

  • @xrayeyes2023
    @xrayeyes2023 Жыл бұрын

    Awesome session. Finally found the strategy for long term investment other than DCA which is not optimal in current macro environment. Thank you Dr. Wish. Much appreciation, Richard.

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Thanks for watching!

  • @RustyCas999
    @RustyCas999 Жыл бұрын

    Dr. Wish rightly points out that Richard has done something that literally no one else has done. I’m sure it’s a fascinating story. Richard, I’m sure we’d all like to hear it.

  • @MomoTrader809
    @MomoTrader809 Жыл бұрын

    Dr Wish is the best! Need more of him!

  • @lukemichaels6831
    @lukemichaels683111 ай бұрын

    Best education I have seen in a while. Stop fighting the tide, use it to your advantage.

  • @TraderLion

    @TraderLion

    11 ай бұрын

    100% Agree!

  • @parttimelarry
    @parttimelarry Жыл бұрын

    Wish I had a professor like this, love this talk.

  • @TraderLion

    @TraderLion

    Жыл бұрын

    He's a great one!

  • @lthlongcd
    @lthlongcd Жыл бұрын

    Spending whole day re-watching the vids from Richard and TL team, now beside the very GOATs David Ryan and MM, Imma adding 2 more into my fav traders: Pat Walker and Dr. Eric Wish. Both veteran traders with knowledge and super humility. Thanks a lot doing great work there Richard & team!

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Thrilled you're finding our content valuable and adding more favorites to your list! Thanks for your support and happy re-watching!

  • @rishi5623
    @rishi5623 Жыл бұрын

    Great session by a practicing Professor, best of both worlds!

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Glad you think so!

  • @jpvanessche3185
    @jpvanessche3185 Жыл бұрын

    Great professor - I would happily take an online course offered by him!

  • @RichardMoglen
    @RichardMoglen Жыл бұрын

    So many golden nuggets!

  • @TraderLion

    @TraderLion

    Жыл бұрын

    1000%

  • @justdoitchannel7709
    @justdoitchannel7709 Жыл бұрын

    The green line works! Thank you very much guys.

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Glad it helped!

  • @crystalw1966
    @crystalw1966 Жыл бұрын

    Thank you so much. Wish I could watch this episode early.

  • @3X0SK3L3TON
    @3X0SK3L3TON Жыл бұрын

    I watched this back to back with the last year presentation of Dr Wish. Its amazing that I am learning something new even though it is practically the same presentation. The only difference is there is no more David handling the slides, which is sad.

  • @trader6496
    @trader6496 Жыл бұрын

    Wonderful! Thanks Dr. D Wish

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Glad you enjoyed it!

  • @Soxieaus
    @Soxieaus3 ай бұрын

    Simply brilliant 👏 Thank you🎉

  • @markcremonie2405
    @markcremonie2405 Жыл бұрын

    Your students are really fortunate that you bring in real pros like Mark and Pat to give talks. I would have loved that way back in the day instead of being indoctrinated into Modern Portfolio Theory nonsense.

  • @jameswatt8841
    @jameswatt88415 ай бұрын

    Tragic! David 💔It was so funny in his last presentation how they worked together. I really enjoyed that.

  • @dkct2010
    @dkct20109 ай бұрын

    Really good content

  • @adityapawar73
    @adityapawar73 Жыл бұрын

    I had a major problem with stock identification... TraderLion team & richard, I'm very very grateful for this interview... This is real value and this is going to help me really a lot ❤️❤️❤️ grateful 😃

  • @milagrosroman9978
    @milagrosroman9978 Жыл бұрын

    Amazing wisdom and video.

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Glad you think so!

  • @sunilbawa4775
    @sunilbawa4775 Жыл бұрын

    I love how he says you "drawer" it 😀

  • @rohan852
    @rohan852 Жыл бұрын

    Great video....Dr Eric is right in guessing that mark enters the US investing championship when market is in bull run. I always thought so...

  • @peter18610
    @peter18610 Жыл бұрын

    Thankyou,😊 Now to put in action 👍

  • @TraderLion

    @TraderLion

    Жыл бұрын

    You got this!

  • @Bitebaljan
    @Bitebaljan7 ай бұрын

    This one was hugely important for me, thanks you so much! Going to do some backtesting with certain timeframes and see if the green line breakout works when stocks are moving to say 2-5-10 year highs aswell. Suspect that Dr. Wish would not approve but my screens are full of growth stocks nowhere near their aths. I get the issue with overhead supply but maybe that can be somewhat negated by looking at the volume profile.

  • @TraderLion

    @TraderLion

    7 ай бұрын

    Glad to hear it!

  • @Johnarroyo30
    @Johnarroyo30 Жыл бұрын

    Did Cathy wood finally get out ? Lmao 🤣 Fantastic educational presentation love hearing from seasoned individuals that have been through many up and downs of the market the experience is invaluable. Thanks Dr. Wish can’t wait to buy your book ! Thanks for sharing Richard.

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Thanks for watching John!

  • @zsolt9014
    @zsolt9014 Жыл бұрын

    This was very interesting! It could be useful if the Prof.would share the TC2000 adjustment links what he shows in the video please. I've seen it once that it is possible with the TC2000.👌👌👏👏🙏🙏

  • @gogetta90001
    @gogetta90001Ай бұрын

    I have been trading now for about 4 and a half years and just now understanding to look at market highs. I have seen this video before but I didn't realize really what he is saying especially with Nick darvas to strickly adhere to market highs. I am in 3 winning trades now with 3 different stocks at or near their 52 week highs. Also learned to use the support and resistance levels to enter and a trailing stop to exit is just beautiful ❤️😍

  • @TraderLion

    @TraderLion

    Ай бұрын

    The best stocks are the ones making new highs, leaders lead!

  • @rcarlosbalcazar1
    @rcarlosbalcazar1 Жыл бұрын

    Amazing. Thanks.

  • @rcarlosbalcazar1

    @rcarlosbalcazar1

    Жыл бұрын

    I respect all the participants in the conferences you had, but Dr Eric Wish and Patrick Walker talk from the heart, showing everything they have, that is pure gold. God Bless Both. Minervini as a modern Nicolas Darvas, no hesitation the best with David Ryan, but also new generation Mark Ritchie II, Matt Caruso, and Brian Shannon are at the top of the game. But we wouldn't know anything of this if were not for Richard Moglen. Thanks every single one God bless all of you. "My People are destroyed for lack of knowledge" Hosea 4:6

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Very kind of you carlos!

  • @jasontutors
    @jasontutors Жыл бұрын

    I have a question about selling. At 40:32 Dr. Wish talks about holding Chipotle from $70 to $160. Maybe I misunderstood something but when price peaked at $160 that new green line wouldn't be drawn until three closes below that peak. So wouldn't this system hold past the peak until $113, the 3rd close that created the new green bar at $160?

  • @harshshah6356
    @harshshah6356 Жыл бұрын

    Thank you

  • @TraderLion

    @TraderLion

    Жыл бұрын

    You're welcome!

  • @thanostriantafyllou1433
    @thanostriantafyllou1433 Жыл бұрын

    Is there a way to increase the reliability of the volume in terms of the actual volume vs average at the close of the day? For example, look at the volume buzz not in the first 5-min when the stock market opens but an hour later?

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Volume fades over the day but you can usually tell in the first 15 minutes if it will be an above average day.

  • @Sgubby
    @Sgubby Жыл бұрын

    Sorry, which chapter in Market Wizards is he speaking of?

  • @mohammadfarzan230
    @mohammadfarzan230 Жыл бұрын

    Thanks

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Welcome!

  • @danguerra3492
    @danguerra3492 Жыл бұрын

    Could someone please post a link to his class?

  • @miraalkhan9054
    @miraalkhan9054 Жыл бұрын

    At around 33:05 minutes when Dr. Wish says that we should wait for a close above the GLB before buying, is he referring to a monthly close? Should a daily/weekly close above the GLB also signal a buy? Kindly clarify, thanks.

  • @TraderLion

    @TraderLion

    Жыл бұрын

    Execution is done on the Daily chart.

  • @miraalkhan9054

    @miraalkhan9054

    Жыл бұрын

    @@TraderLion thank you

  • @PocketQueens1
    @PocketQueens1 Жыл бұрын

    Does Dr Wish have a online course?

  • @user-sv7bx6gn8n9
    @user-sv7bx6gn8n9 Жыл бұрын

    What's the book list at 15:30?

  • @dandelions907
    @dandelions9073 ай бұрын

    Hm show us somethjng making an "M" pattern or double top. Also now look at nvidia +50% , those two lines meant nothing crossing over

  • @smeshnoymatvey2054
    @smeshnoymatvey2054 Жыл бұрын

    31:00 glb

  • @melekfinancialwithcakwawan6054
    @melekfinancialwithcakwawan60543 ай бұрын

    This is actually dangerous advice to retail investor

  • @TraderLion

    @TraderLion

    Ай бұрын

    How so?

  • @RustyCas999
    @RustyCas999 Жыл бұрын

    T-2108 23:45

  • @alphabeta8403
    @alphabeta8403 Жыл бұрын

    48:35 Stan's stages 52:00 Yellow band (growth) stocks 55:25 Weekly 10/30 charts

  • @pintupatel777
    @pintupatel777 Жыл бұрын

    Where is stoploss???

  • @TraderLion

    @TraderLion

    Жыл бұрын

    An automatic sell order if a stock falls to a certain price

  • @ahmad82pkn
    @ahmad82pkn Жыл бұрын

    Show those millions of green line breakouts that were false and were loss trades. Not every green line breakout go up. Sharing handful of them sets wrong expectations

  • @khafreahmose8768

    @khafreahmose8768

    6 ай бұрын

    This is only one aspect of his trading style. If you considered how he trades on a whole, the odds of success are high. Sure not all GLB's will be winners, as he clearly stated, but if you looked for GLB stocks that are near all time highs during a period when the indices are in a clear stage two and the stocks are progressing above its 10-week average, and the 10-week is trending above the 30-week you're bound to make money.

  • @lilyflor70

    @lilyflor70

    5 ай бұрын

    You don’t trade and it shows.

  • @justdnk777

    @justdnk777

    3 ай бұрын

    Obviously trades fail and that’s YOUR JOB to handle those circumstances. He has nothing to prove to you, pick and choose what you like. Entitlement is strong in this one.

  • @ahmad82pkn

    @ahmad82pkn

    3 ай бұрын

    @@lilyflor70 u dnt know me and believe i dnt trade. Shows your intelligence

  • @campmark50
    @campmark50Ай бұрын

    Decent advice but turn that man's volume down. Yikes.

  • @TraderLion

    @TraderLion

    Ай бұрын

    🙉 sorry about that!