"The Truth Why Most Traders Lose Money" - Daryl Guppy | Trader Interview

Ойын-сауық

In this Forex trading video, Etienne sits down with "The Chart Man" himself, Daryl Guppy, who has been trading in the market for 30 years. Do you want to stop losing money? Understand the logic of the patterns and learn the psychology of the market.
Chapters:
00:00 "The Truth Why Most Traders Lose Money" - Daryl Guppy
00:34 Updates on Daryl Guppy
01:20 What makes people succeed long-term?
04:11 How Daryl started trading
08:44 Trading principles then and now
10:40 Figuring out what you're good at
14:12 On trying better indicators and patterns
20:31 Understanding the logic of the patterns
22:00 "Uncommon results do not come from common thinking"
23:52 Why are the patterns different from common thinking?
28:14 Patterns in forex and indexes
30:46 What is the "2% Rule"?
35:48 When does the "2% Rule" work?
37:54 Where to find Daryl Guppy (links below)
#desiretotrade #forextrading #fxtrading #technicalanalysis #thechartman
==========================
Daryl's website ➡️ www.guppytraders.com
==========================
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Пікірлер: 66

  • @jeroencommandeur
    @jeroencommandeur Жыл бұрын

    The 2% rule explanation is spot on. I never heard anyone explaining it so well. Awesome job there!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Absolutely! Glad that was useful :)

  • @witoldgolak7642
    @witoldgolak7642 Жыл бұрын

    It's a joy to watch somebody so passionate about trading. Massive amount of knowledge and ability to explain things in a straightforward and interesting way. Great interview. Thank you!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you enjoy it!

  • @quantumindicesfuturestrade6873
    @quantumindicesfuturestrade6873 Жыл бұрын

    I remember looking at price action and drawing the charts out. Didn't have the technology we have today. I liked this interview.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you liked it! Much appreciated comment :)

  • @fomosapian6790
    @fomosapian679010 күн бұрын

    Found your channel late last month. I’ve really been enjoying listening to a few of your interviews each day while practicing TA. Lots of info and inspiration from everyone you’ve interviewed. Much appreciated. Cheers 🍻

  • @longwoodcurrencytrading
    @longwoodcurrencytrading Жыл бұрын

    You had some great questions that Daryl covered better than anyone I've heard discuss this stuff - and I've been looking at the financial markets since the late 1970s. Thanks for having him on!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Awesome, thank you!

  • @PedroDVC
    @PedroDVC Жыл бұрын

    Man, you bring the most interesting traders and I actualy like this format of being able to see them. Much more aprochable. Thanks!

  • @gidsmono8044
    @gidsmono8044 Жыл бұрын

    The master chifu of trading. Thanks E.

  • @MetalForBreakfast
    @MetalForBreakfast Жыл бұрын

    I like the way he talks, and his mustache lol 👏

  • @528038
    @528038 Жыл бұрын

    Loved all moment! ;) I could listen it for a very long time

  • @brucesmith6868
    @brucesmith6868 Жыл бұрын

    Great interview E very straightforward!!

  • @jaymoneytrader
    @jaymoneytrader Жыл бұрын

    Good interview, Everyone gets so hung up around HFT algorithms when if they were not there we wouldn't have as much liquidity as we do now So you have sacrificed some speed for liquidity Yes they are faster than you and they can place a trade faster than you But they are still placing the same trade And the only reason they can place a trade that fast is because they have other algorithms matching their orders otherwise they would be able to take a stock to zero So when he talks about some ETF selling out of something to rebalance That's fine But they would have did that anyway It just would have cost them a lot more time because they would have had to rustle up the people to take the other side of the trade Now other algorithms will kick on to match that So the solution is to trade higher time frames because it doesn't matter if an ETF dumps in the middle of the day if by the end of the day or the week it's going to be a reflection of what the value really is

  • @nb9797
    @nb9797 Жыл бұрын

    Really valuable content as always and good questions Etienne. Thank you.

  • @newbiemaddie
    @newbiemaddie Жыл бұрын

    Thumbs up! Great guest and host 🎉

  • @riks6609
    @riks6609 Жыл бұрын

    Good interview!

  • @patrickbyrne7599
    @patrickbyrne7599 Жыл бұрын

    This is outstanding!!! Thanks to you both for hosting and the outstanding content. 💪

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Our pleasure! , Glad you liked it :)

  • @patrickbyrne7599

    @patrickbyrne7599

    Жыл бұрын

    @@DesireToTRADE I really did, I have been trading for 14 years and can appreciate excellent content from the not-so-good one 🙂 It is incredible that with trading every week there is something new to learn. Thank you!!!

  • @TwiztedHumor
    @TwiztedHumor Жыл бұрын

    Another true boss and with a wonderful accent to boot. a real Stockadile Dundee if you will. Thank you sirs!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    I'm glad you liked this interview

  • @martins8761
    @martins8761 Жыл бұрын

    What an icon. Outstanding !!

  • @FXM3
    @FXM3 Жыл бұрын

    I actually downloaded this interview, something tells me this is it!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Awesome!

  • @mbrunocondello
    @mbrunocondello Жыл бұрын

    Awesome interview

  • @davidpeters6353
    @davidpeters6353 Жыл бұрын

    Love this channel! Deserves many more likes! Thank you, Etienne!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Wow, thank you!

  • @JenMarco
    @JenMarco Жыл бұрын

    This interview is golden!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Absolutely!

  • @EIStudent
    @EIStudent Жыл бұрын

    I LOVE the way this trader thinks! This is one of your best interviewees. 👍🏼

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you liked it!

  • @don__hector7845
    @don__hector78456 ай бұрын

    what a legend

  • @andymcintosh5324
    @andymcintosh5324 Жыл бұрын

    great stuff as usual, thankyou brother

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Much appreciated

  • @12juma
    @12juma Жыл бұрын

    EXECELLENT interview as always 😊

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    I'm glad you liked it!

  • @Fenix_Trader
    @Fenix_Trader Жыл бұрын

    🙏very interesting and also very funny The way he Talks! Thank you both of u!!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you enjoyed it!

  • @FARBOLUOS
    @FARBOLUOS Жыл бұрын

    Thanks Etienne for the work you do. Great interview!!!

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    My pleasure as always!

  • @cheesyjube
    @cheesyjube Жыл бұрын

    Guppy moving averages are just great!

  • @josephgitahi2090
    @josephgitahi2090 Жыл бұрын

    Trading is a great option, good information 👍

  • @FarhanAbdi-eq2it
    @FarhanAbdi-eq2it Жыл бұрын

    He's legendary 😮

  • @welcometomathy6944
    @welcometomathy6944 Жыл бұрын

    Love Mr Guppy

  • @adamasim3399
    @adamasim3399 Жыл бұрын

    I totally agree with contradiction about "only using the money u have to lose "

  • @natinspires
    @natinspires Жыл бұрын

    Cool

  • @Dark-hz1tu
    @Dark-hz1tu Жыл бұрын

    Risk only 2% in total amount of capital??? But doesn't include how much risk per stop? So i must divide that 2% per trade?

  • @uniqueurl

    @uniqueurl

    Жыл бұрын

    Adjust your lots with the 2% amount you risk.

  • @528038
    @528038 Жыл бұрын

    I greet you from Hungary :) Cheers

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Cheers!

  • @metamatrixclub1186
    @metamatrixclub1186 Жыл бұрын

    HFT side really messes with certain algos lol

  • @BMWM4FX
    @BMWM4FX Жыл бұрын

    the monopoly man of forex XD

  • @Coondawgwoopwoop
    @Coondawgwoopwoop Жыл бұрын

    What’s an f24 f25? 😅 I know there’s f14 f15 f16 f18 f22 and f35

  • @Coondawgwoopwoop

    @Coondawgwoopwoop

    Жыл бұрын

    All joking aside I like this guy. Very grounded and easy to relate to

  • @radu808
    @radu8087 ай бұрын

    the 2% rule is not comon knowledge? I am surprised that people need such a detailed explanation

  • @perthus7008
    @perthus7008 Жыл бұрын

    My man said how many sides does a triangle have.. dude answered 2 sides hahahahhahhah

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    To my point... all the trading books I've seen show 2 sides to their triangle... but yeah I was overthinking it :)

  • @raymondobeukes3624

    @raymondobeukes3624

    Жыл бұрын

    He said 3.

  • @roysmith8071
    @roysmith8071 Жыл бұрын

    Because they don't have a bad a** mustache like that

  • @user-dk5it9xh2f
    @user-dk5it9xh2f Жыл бұрын

    Awesome👍👍

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