one trade will never make you but one trade can always break you..Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...

@McElvinn

Жыл бұрын

It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.

@corrySledd

Жыл бұрын

@@McElvinn A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

@sherryie2

Жыл бұрын

@@corrySledd Please can you leave the info on how to reach your investment advisor here? I’m in dire need for one.

@corrySledd

Жыл бұрын

@@sherryie2 credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up

@sherryie2

Жыл бұрын

@@corrySledd I looked up NICOLE online using her fullname and researched her accreditation. She seem very proficient, I wrote her detailing my Financial market current position, goals and scheduled an appointment. Thanks

The way you summarize a book is very appreciative, I always enjoy it. Thanks for sharing investing stuff. Love from India!

@FinancialWisdom

3 жыл бұрын

My pleasure! thanks again🙏

@Juan-tb2ww

2 жыл бұрын

@@FinancialWisdom if you are waiting to see high volume in the morning before placing your buy order - what if the pivot point is hit but volume only comes in afterward? Then you enter too high?

My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U My Breakout Scanner - bit.ly/3ea6sl8 My Forum - www.financialwisdomTV.com/forum My Strategy Blueprint - www.financialwisdomtv.com/plans-pricing Edgewonk Trade Analysis Software - bit.ly/3xS6S7s Stock Screener & Backtesting - bit.ly/3oO1exN (20% Off Code = FWSDM) Stockopedia - bit.ly/2YIcAIn (25% Discount)

One of the best videos you’ve done. Excellent material.

@FinancialWisdom

2 жыл бұрын

Wow, thanks!🙏

Brilliant, thank you. This year i've started trading the o'neil / minervini way, and i'm seeing good results. I'm convinced its the most sustainable trading method out there, but it requires patience and discipline. Its a skill which must be learnt, but a potentially very rewarding one.

@FinancialWisdom

3 жыл бұрын

Best of luck!

@YouLoveMrFriendly

2 жыл бұрын

Just put your money into an index fund and dont worry with day trading. It's just a marketing gimmick

@justinschexnayder8485

2 жыл бұрын

My bank account disagrees

@scotthirsch3479

8 ай бұрын

@@YouLoveMrFriendly This is swing trading not day trading

@YouLoveMrFriendly

8 ай бұрын

​@@scotthirsch3479he said he was struggling so it doesn't matter. The point is is that in someone is struggling with trading, the alternative is the tried and true buy and hold of the index.

3:00 Sell purely on technicals 6:00 Timing the market 6:50 Follow-through day 8:00 Pandemic crash 9:05 ORCL

perfect!!!! Thank you so much brother. I subbed and liked!

@FinancialWisdom

2 жыл бұрын

Thanks for the sub!🙏

I am still reading this book. Chapter 4 now. Great resource of learning.

@FinancialWisdom

3 жыл бұрын

Great

I am an Indian investor but concepts are universal. Great video. Learnt new and unique concepts. Keep it up.

@FinancialWisdom

3 жыл бұрын

Great 👍

Great concise video! I'm going to look into this book!

@FinancialWisdom

2 жыл бұрын

Hope you enjoy it!

thank you for the great vids as always! 💛👌

@FinancialWisdom

3 жыл бұрын

My pleasure!

Great summary! Thanks!

@FinancialWisdom

2 жыл бұрын

Very welcome!🙏

Greatest summary and Greatest video ever.. Thanks

@FinancialWisdom

2 жыл бұрын

Glad you liked it!

Amazing channel 👍

One of my favourite vids of yours! Definitely getting this book after i finish how to make money in stocks!

@FinancialWisdom

3 жыл бұрын

Glad you enjoyed it!

Omg sounds like audible books but free love it 😍

@FinancialWisdom

3 жыл бұрын

Great🙏

You are brilliant. 👍

@FinancialWisdom

3 жыл бұрын

Thank you! 😃🙏

Thank you for all the time you spend

@FinancialWisdom

Жыл бұрын

Thanks for Watching

Great summary! I would say this book in combination with WONs and Minervini are all you need to form a successful trading career. Thanks for a great channel, appreciate the effort you put into these summaries!

@FinancialWisdom

3 жыл бұрын

Thanks Xetoh🙏

Best series ..please carry on

@FinancialWisdom

Жыл бұрын

Thanks

THANK YOUR FOR SPREADING YOUR KNOWLEDGE BRO....!!!!!

@FinancialWisdom

3 жыл бұрын

My pleasure👍

Wonderful videos, thanks very much.

@FinancialWisdom

2 жыл бұрын

Glad you like them!

very good channel, thanks man

@FinancialWisdom

3 жыл бұрын

Glad you enjoy it!

A helpful video....I had to watch twice

@FinancialWisdom

3 жыл бұрын

🙏👍

Well done 🙏

@FinancialWisdom

3 жыл бұрын

Thank you 🙌

What a nice content! Amazing channel and thanks for again sharing some nice concepts and information

@FinancialWisdom

Жыл бұрын

So nice of you

@wellsmaciel

Жыл бұрын

@@FinancialWisdom honestly man, your channel has an odd content and we get really good insights! I’m not a member yet from your website but I’m a subscriber and I try to give a like 👍🏼 every video that I watch.

Hello I am a new sub thanks for putting together these educational videos and I LOVE how u tested the method. If u could could u show MORE of the example to reinforce the idea ? But now it got me go back and LOOK at all the charts and see how many of the stock trend works this way . Thank u again

@FinancialWisdom

2 жыл бұрын

Thanks World - Yes, keep looking at the charts and eventually it becomes easy... (Easier)

@icyboy771z

2 жыл бұрын

@@FinancialWisdom When he said he used 25% position sizing, did he mention the stop loss? How much percent is the stop loss?

Many thanks Gareth. A useful revision course.

@FinancialWisdom

3 жыл бұрын

Very welcome👍

that was good!

Thanks 👍 excellent work 👌📖

@FinancialWisdom

2 жыл бұрын

Thanks for watching

Awesome Sir 🙏💖💝💖💝💖♥️♥️♥️💖♥️♥️♥️♥️💝💝 Keep sharing, thanks from India

@FinancialWisdom

2 жыл бұрын

Thanks and welcome🙏

Please, more Gil Morales books!

@FinancialWisdom

3 жыл бұрын

Sure👍

Can you do some research on look right to go left

Great summary, I have subscribed ;-)) Thank you

@FinancialWisdom

3 жыл бұрын

Awesome, thank you!

God Bless you. Your videos have been clearing my vision.

@FinancialWisdom

2 жыл бұрын

Thank you🙏

Was the selling signal on the first strategy a weekly or daily close below the 10dma? 🤔

Very informative sir

@FinancialWisdom

2 жыл бұрын

Thanks and welcome

Canslim never worked for me. It was more of marketing poly to sell their books.

this save me alot of reading time, thank for your efforts sir

@FinancialWisdom

3 жыл бұрын

Most welcome!🙏

thanks

@FinancialWisdom

Жыл бұрын

Thank you

Great video but Kachers sell rule MA violation is not when a stock closes below a key moving average. The stock must close below the moving average it is observed to respect, then make a move below the intraday low of the first day it closed. At that point, the stock can be sold. This is meant to avoid selling stocks prematurely as stocks will often close below say the 10SMA but continue a move higher without actually violating the moving average by making a move below the first days intraday low

@FinancialWisdom

3 жыл бұрын

Thanks for sharing👍

favorite

@FinancialWisdom

2 жыл бұрын

Great👌

very good as always

@FinancialWisdom

3 жыл бұрын

Thanks again!

Hi friend, can you double check if that MA was daily or weekly? A 10 day MA is going to get hit very often unless you get a big initial push. I am currently in your program and one other guy (Jack Corsellis). His sell rules are 1/3 @ 2R 1/3 @ 10ema & 1/3 @ 21ema. He has had poor results so i will be cancelling with him. I find these short term MAs don't allow your stock enough time to build momentum for bigger gains. I currently am using a combination of wyckoff springs and stan weinstein breakouts. I think i have a potential winner in RIVN but we shall see. ARQQ has had massinve volume pre breakout and FTCH retested and broke out again. Looking for an entry on both.

Like it first, then enjoy the good video

@FinancialWisdom

3 жыл бұрын

Thanks for that!

I also read the book but it is not related with FW, but the book is a little bit complex. The authors tells the story but not on systematically bases. Thanks to FW, we get a nice summary

@FinancialWisdom

2 жыл бұрын

Thanks Cagri👍

breakouts are the holy grail of trading...just my opinion

@FinancialWisdom

3 жыл бұрын

As close as you can get...

Amazing stuff, but I have a question for you. As a begginer in stock investing I am confused. I've read several books from Peter Lynch and listened to many Warren Buffet's interviews and both of them emphasize that it is not possible to time the market and the hold period should be forever. On the other hand, you have authors like ONeil, Mike Minervini and these two guys who are succesfully timing the market saying that it is possible if you have knowledge. What is your opinion about this?

@FinancialWisdom

3 жыл бұрын

Hi Lazar, Yes you can time the market to a certain degree, the confusion lies on when the precise moment is, which is not guaranteed. I have timed the markets for years in terms of avoiding large drawdowns. An example, and there are many, is the recent Bitcoin strategy I made which is able to do just that.

Thank you for your great videos and interesting book recommendations. But this and also the "Pitbull" are old ones. They are very good, but do you have any recommendation for a new book?

@FinancialWisdom

3 жыл бұрын

Thanks for sharing! im open to suggestion...👍

the best sistem for stock, value is death

@FinancialWisdom

3 жыл бұрын

I tend to agree..

Another great video highlighting a book now on my buy list.

@FinancialWisdom

3 жыл бұрын

Great, thanks Graham

Please make a video on japanese candlestick

@FinancialWisdom

3 жыл бұрын

noted

Very very nice video sir 👌

@FinancialWisdom

3 жыл бұрын

So nice of you🙏

you are one and only KZreadr who narrates books in an interesting manner with great information

@FinancialWisdom

3 жыл бұрын

Thanks a lot Murali🙏

So this video said basically don't do everything that I do 🤣🤣🤣 Best of luck yall!!! 🙏

@FinancialWisdom

2 жыл бұрын

😂

Haven't read this book. But optimal day for a FTD is day 4 or later from the low.

Sir in which time frame we have to plot 10 DMA

@FinancialWisdom

3 жыл бұрын

Hi Avinash, its in the DMA which means 'Daily' Moving Average. So the daily timeframe in this strategy.

Thanks for the video.....Technofunda🔥

@FinancialWisdom

3 жыл бұрын

No problem 👍

Great videos- thanks mate. Just lots of typos/spelling mistakes

@FinancialWisdom

2 жыл бұрын

Thanks Adam 👍

Man if you don't have the correct or perceived correct volume data you can get HURT trying this. example. In the first example the "follow through day" of atleast 1.5% it meets that criteria but the volume is LESS then the previous so it's not valid. Fast foward to the next "example" of when the market bottomed. Depending on where you get your volume the Bottom out candle has more volume then the follow through day's candle both meeting 1.5%. I'm not entirely sure where your Volume data is from. But that makes a HUGE different. On Tradingview SPY has 3 different volume readings for this same period in time. and 2 out of the 3 have Descending volume for that follow up candle. So no entry.

@FinancialWisdom

2 жыл бұрын

Thanks JM, i'll take a look too.👍

books with similar methods trade like a stock market wizard think and trade like a stock market champion how to make money in stocks trade like william oneil disciple total 3 parts secret of making money in bull and bear market

Great videos . Can you please enlist 5 Best trading books ? Thank u

@FinancialWisdom

3 жыл бұрын

Will do soon

Brilliant

@FinancialWisdom

3 жыл бұрын

thanks👍

5:04 What is the 12-33% depth in relation to?

@FinancialWisdom

2 жыл бұрын

Price range

Does this book have the base count method?

@ChetansTradingAndInvesting

3 ай бұрын

Yes

Can you guys take a look the playlist on my channel and let me know what I could do differently to better my videos?

Yes another book breakdown 👍 thanks always 😊

@FinancialWisdom

3 жыл бұрын

Glad you enjoyed it!

Can William O’Neil strategy work in recessions

@FinancialWisdom

2 жыл бұрын

Yes but not as well

@desmondlittle6676

2 жыл бұрын

Does william O’Neil strategy work on smaller time frames

@linvestisseurdiscipline3239

Жыл бұрын

Yes it is absolutely working during recession because the next leading stocks are building bases or making new high near the end of recessions... anyways if you follow his guideline you will be mostly sitting in heavy cash position to avoid getting killed during market corrections or bear market.

Thanks, great.

@FinancialWisdom

3 жыл бұрын

You're welcome!

Very very nice video sir 👌 Please make same video more

@FinancialWisdom

3 жыл бұрын

Thanks and sure

Great!!!

@FinancialWisdom

3 жыл бұрын

Thanks ben!

Thank you agaın

@FinancialWisdom

3 жыл бұрын

Thank you...

Which software do you use to make this sort of video??

@FinancialWisdom

3 жыл бұрын

Hi I use videoscribe

Do you read the hard copy or the soft copy and btw have you read Nicholas darvas's 2nd book?

@FinancialWisdom

3 жыл бұрын

Hi, Mostly hard copy, is there a second book?

@harshrajjadhav940

3 жыл бұрын

@@FinancialWisdom ya it's called you can still make it in the stock market

@FinancialWisdom

3 жыл бұрын

@Harshraj Jadhav Great i'll take a look, thanks

@nicksloan8860

2 жыл бұрын

@@harshrajjadhav940 I believe that is the third book. The second was the other las Vegas or something similar

Willism O’Neil seems to be the foundation of many traders and investors but frankly I wonder that he didn’t raise to the level of Warren Buffet and other extremely successful investors, traders and hedge fund managers. Adding to that doubts is the fact that the method tracking ETF posts a bad performance. Is there any serious information out there how successful WO‘N finally was? Just wondering …

@FinancialWisdom

Жыл бұрын

He probably focuses more on his business and achieves greater financial benefit there IMO

@TheAntsh

Жыл бұрын

William O'Neil was a billionaire, I remember Amy Smith said in one of the podcasts. Gil Morales confirms it: Bill is in my view the true “greatest investor who ever lived,” given that his CAGR over a very long period of time extending back into the late 1950’s is over 40%, and he has dealt with some very large asset sizes.

Having a trading plan is essential for every trader. Trading with Mrs Monroe's platform and understanding its unique premise could help you formulate better your own trading plan.

@zoeymchall2180

3 жыл бұрын

Reach on WhatsApp

@evannapieterse7805

3 жыл бұрын

Trading with her platform has helped me Recovered my losses from previous years

@markcorbin6731

3 жыл бұрын

@@zoeymchall2180 I have earned over $80000 trading with Mrs monroe

@tradewithnora9299

3 жыл бұрын

She provides incredible tools and guidance to find the right opportunities in any market you trade

@davidlemarquis1133

3 жыл бұрын

It is difficult to express my thanks and appreciation of the integrity of her platform.

NEVER LISTEN TO LIERS.......❤❤❤

Excellent video content. Stock trading has been the fastst and easiest way to make good money. Its a save market for all. Just get the help of a liecenced broker.

@harrywilson8059

3 жыл бұрын

I totally agree with you. Stock trading is highly profitable and you can make good use of the market when you are strategic about your investment choice. I think a good broker seals the deal.

@mandyjames9377

3 жыл бұрын

Thank you mr john. You seem to have some good knowledge about the subject matte here. Are you a broker or can you recommend one?

@johnmorris9328

3 жыл бұрын

Thank you. With few years of experience as an investor I've seen and experienced a lot. I'm not really a broker because I'm not licenced to. Mr aziz has been my company and personal broker since 2009.

@spakkinmiamitunez5090

3 жыл бұрын

The world is such a small place. Broker aziz was a higly respeced business man in the UAE before he went for a course in the state which made him a specialist in the field of stock marketing/trading and potfoleo management.

@samkendrick181

3 жыл бұрын

@@johnmorris9328 please how can i contact him.

First

@FinancialWisdom

3 жыл бұрын

Welldone! :-)

Damn this is one good channel.. you should sell your screen shots. I'd buy them. I'll send you an email. Let's connect.