Book Suggestions: How To Make Money In Stocks - William O'Neil | amzn.to/3pTgGd2 Reminiscences of a Stock Operator - Edwin Lefèvre | amzn.to/2JLN0in Market Wizards - Jack Schwager | amzn.to/3niILbG Monster Stocks - John Boik | amzn.to/398Fp6p How Legendary Traders Made Millions - John Boik | amzn.to/35dqHdb Perfect Speculator - The Perfect Speculator | amzn.to/35bnzy8
OMG...Thank you so much for the book recommendations! It would have taken me an eternity to figure out the right books to read. You’re a Godsend to all of us! I’m really thankful that you dedicate your time to helping people learn a new hobby/passion. Is there any particular order that you would suggest Richard? 👍🏻💰📈
Timestamps: 0:00 Introductions 0:26 How did Matt first get into trading/investing 1:32 Books Suggestions 3:41 Teaching Trading and Financial Literacy 5:50 How does Being a professional trader compare being part of an Institution 8:30 Traders wear many different hats 9:16 What was it like competing in the US Investing Championship 11:20 Follow Through Day, LVGO FSLY 12:20 How does this year's performance compare to others 13:52 Do you follow the CANSLIM Rules? 14:30 Determining Market Conditions- Net New Highs, Net New Lows 15:30 How would you classify your type of trading? Comparing Swing Trading and Position Trading 16:37 What is your target Risk reward Ratio? 18:25 Fundamental and Technical Analysis 21:02 How do you identify Potential Monster Stocks? 22:22 Stocks Posting Triple Digit Earnings Growth are more likely to do it again 23:22 Matt's Chart Layout and Technical Indicators 25:35 Green Zone. Volatility Indicator 26:14 NIO Stock Analysis. Entry Setup 26:30 Buying Pullbacks 27:25 Volatility Contraction Pattern 27:40 Scaling into a Position 28:00 Two Main Setups- Volatility Contraction or Expectation Breakers 28:40 AUY Stock Analysis, Kicker Candle 29:55 When does Matt place his trades 30:55 Volume Rate 31:37 How do you set your stop losses and manage them 33:47 Do you take Profits into Strength? 34:50 Getting in early in a stock position 35:50 Trimming your losers to hold on to your best stock 36:10 How do define your best stock and High Potential. 37:30 How do you determine position sizing and how many stocks are in your portfolio 39:17 How do you practice Progressive exposure. 41:05 Trade small when the market is under pressure 41:35 Going through 2020 and discussing Portfolio Exposure levels 42:55 Net New lows, New Highs Indicator 44:00 Net new highs went positive right before the follow through day 44:32 Robinhood Trader Story 46:00 William O'Neil is the GOAT 46:50 Everything has happened before, study history. 47:00 Dealing with choppy markets and the September correction. 47:53 Compare your stocks to the market. Relative Strength 48:38 FSLY Gap down 49:50 Do your homework during Market Corrections to find the next Winners 50:35 FTCH Stock Analysis. Relative Strength 52:35 Concentrate into your Winners 53:09 Biggest Winner of 2020: LVGO Stock Trade Overview 56:00 Doing Post-Analysis 56:34 Handling Pullbacks with a Cushion 57:50 Quality over Quantity 58:33 Dealing with Earnings Reports 59:41 Position Trading, Optimal Buy Periods during the year 1:00:45 The Trade Desk TTD Trade Analysis 1:02:52 AUY Trade Analysis 1:04:28 How do you keep track of leadership groups 1:05:55 Biggest Loser of 2020 NVCR Trade Analysis 1:07:57 How do you keep your losses in check 1:09:00 ACB Stock Analysis 1:09:10 NFLX Stock Analysis 1:09:43 Be Optimistic but also very risk focused and fearful 1:11:07 FSLY Trade Analysis 1:15:22 Trading versus Buy and Hold Investor Mentality (Buy the dip) 1:17:05 What is your main goal for 2021 to improve your trading. 1:18:16 Motivation for new Traders
"Everyone's got a plan until they get punched in the face." That got a good chuckle out of me. Incredible interview. Learnt so much. Matt is a gifted communicator.
I was thinking the same thing, so successful but still so humble. Then I think that's part of his success -- not too much ego. For traders, too much ego can kill.
Anyone has the IBD link for where the how to find & own america's greatest opportunities articles are? I am not able to find them on their site. thanks!
So I’m 15 I’m from Denmark and I started trading in September. I guess my strategy right now is swing trading. I have earned about 500 USD from 2500 USD. But lately I’ve been struggling so this video will hopefully get me out of the slump I’m in right now. Thank you to you both for taking the time to make this video.
Hey Richard, thanks for the great interview! Any chance you have access to Matt's TradingView scripts that he shows throughout the video (especially the ATRP)?
@@RichardMoglen I checked his Twitter and could not find it, unfortunately. Do you think you could ask him to share it in case he does not see our tweets?
@@johnbroe6116 hi John, I was looking for this too, and found it in tradingview when you go to indicators and search for ATR compression. Also linked here:www.tradingview.com/script/8rhrUrAG-ATR-Compression-expansion/
richard moglen you are an excellent host. you let the speakers talk, you dont interupt, your questions are to the point and you have a very clear and detailed time stamps in your videos. liked and subscribed bro.
Great Interview ,Thank you Richard! Quick question, You mention at ~15:03 checking 'net new highs' & 'net new lows' what does that mean? and where can onhe see it ?
Stocks hitting new highs and stocks hitting new lows. There are various indicators you can look at depending on the charting platform. He showed how to do it later on in the video in TradingView
I wonder what is the full position means. Full position is refer to whole account? Or the decided position for a single stock, like splitting the account to 10 stocks and each stock’s full position is 10% of the whole account. Btw thank you for the awesome interview!
Normally Matt has a full position with 30% in one stock. He builds it over time with 10-10-10% He buys when the stock has a shaper or tactical entry. Has to be 5% above the last buy.
A great interview & details - less fluff and more stuff. Lots of information for position/CANSLIM traders. Really loved it. Hats off to Richard and Matt. Nice job!!
Wow amazing content Richard, much appreciated once again and thank you Mr Matt Caruso for sharing your time with us I would like to suggest you something for a next interview topic Richard: could you bring an experienced trader that mainly follows the CANSLIM approach but that trades mainly with options? How to proper pyramid a trade, when to cut it lose (if ever) or when to properly add. Which time of expiracy is better to chose based on basing formation? How to follow options flow in order to predict the next big mover? I believe it would be something great to listen/learn from. Much appreciated
@@RichardMoglen that's awesome! Unfortunately the people I follow on twitter that use options to trade they either use mostly Elliott Waves theory or mostly options flow. I know that everything is related at some point but as far as I know don't follow CANSLIM system per se directly. But probably that doesn't make much of a difference. Looking forward for the next interviews!
Great interview Richard! It'd be great if the setup of tradingview can be shared - unfortunately up/down vol ratio and atrp are not in tradingview.....
@@RichardMoglen Thank you Richard. Also, do you know how to add the net new highs / new lows in TC2000? I thought that was an excellent indicator that Matt utilizes.
It is fascinating to learn the various "tactics" and different ways these professionals use even if it is on O'Neills Canslim concept as followed and mentioned by Matt. Excellent interview. Thank you to you both.
Yes, yes, yes! One of the best interviews i have seen. So many interesting details and Matt is a very sharp guy. And Richard know just which questions to ask, the perfect trader interviewer. Number one trader interview at the moment 🔥
One of the best interviews for me personally. Fully subscribe to Matt´s assessment of different trading styles. Each has its benefits, but I think it is more common or natural to gradually shift from day trading to eventually position trading than the other way around.
The ATRP green zone/red zone is great. I'm guessing the "p" is percent, rather than price? I Haven't been able to imitate it on Prorealtime so far, it looks like an indicator on an indicator, but is beyond my abilities !
awesome as always, great stuff. Interesting he does most of his trading IN the first hour. Would love more interviews on the top 10-12 guys in the trading competition just like this one.
Picked up a lot of beautiful insights. The Robinhood story and Ralph Acampora story is one kind of a golden nugget. Took this down on my notes. Great interview. Been binge watching Richard’s market chat ever since. Thanks for this Matt and Richard!
Awesome interview Richard! You can tell this guy is 100% the real deal. Thanks for all the specific questions about stops, position sizing etc, you're reading my mind on those.
@@RichardMoglen I'm going to have to watch this at least 1-2 more times, just incredible amount of useful knowledge here. Any other way to learn more from Matt about his rules/strategies? Can he write a book or blog? :)
Wow. What a fantastic interview. By far the best interview in this series. Really resonate with Matt and learned a lot. Need to listen to it again. THANK YOU SO MUCH FOR THIS!
@@RichardMoglen to me it was the best because the guy being interviewed was one of the best and he was just so smart and detailed. So keep interviewing the top performers and just let them shine like you do.
Thank you Richard for the awesome interview with Matt Caruso (loved the info)...I’m also an Engineer by education, Industrial Engineer. I’m just getting started in Investing and I’m obsessed. I got 82% return on investments for 2020. I haven’t read any books yet...which would you think is a great 1st book...would it be the famous William O’Neil book? Happy New Year!!
Incredible interview! Great job as always Richard. Sticking to winners is always my weakness, so listening to how steady a pro's hands are when they found the right stock is very useful.
Thanks for sharing, I learned a lot. I was hoping at some point that we'd see how Matt's stop loss is managed throughout the trades (how he trails it up). I always have an issue holding winners while not getting stopped out on shakeouts. Usually if I scale out on the way up, my average gain ends up nowhere near the gain of the whole move.
I liked his ideas about not stopping trading during bad times just go smaller. When I have some bad trades I get into IWM and SPY or their opinions until I get reoriented. Then if I'm up on IWM AND SPY I use them as a cash park.
Thank you guys for a great interview. I first got into investing this August realizing this was a once in a lifetime opportunity bull market and immediately faced the September and October chop. I didn't have rules to help me. Flew by the seat of my pants and an amazingly easy November and December in growth stocks helped me finish strong. I've been procrastinating establishing concrete rules. I can't do that any longer after seeing so many of the traders that have managed to stay in the market for so many years preach that their reason for longevity is their rules. P.S. Are those trader
@@RichardMoglen looks like it got cut off but I was just hoping to ask if he would share his scripts. Looks like tons of us asked the same question haha.
His returns were verified in 2021 and he's entering again this year I believe. Also it be near impossible to make up answers to all the questions I asked. And finally CANSLIM has worked for decades because supply and demand and human psychology does not change.
One thing that seems totally "unnatural" to me is having like 3-4% stop but then keep adding so far up the move...I'd probably do opposite of having 6% stop and take profits way faster...which is why I'm a total amateur.
Again, a great interview and great insights into the professionals' thinking process. @richard Moglen Do you have any idea how to replicate the volatility indicator Matt uses?
The host did a great job as usual! I was very impressed Matt laid it all on the line. Do you know if Matt is sharing his amazing tradingview Indicators?
Book Suggestions:
How To Make Money In Stocks - William O'Neil | amzn.to/3pTgGd2
Reminiscences of a Stock Operator - Edwin Lefèvre | amzn.to/2JLN0in
Market Wizards - Jack Schwager | amzn.to/3niILbG
Monster Stocks - John Boik | amzn.to/398Fp6p
How Legendary Traders Made Millions - John Boik | amzn.to/35dqHdb
Perfect Speculator - The Perfect Speculator | amzn.to/35bnzy8
OMG...Thank you so much for the book recommendations! It would have taken me an eternity to figure out the right books to read. You’re a Godsend to all of us! I’m really thankful that you dedicate your time to helping people learn a new hobby/passion. Is there any particular order that you would suggest Richard? 👍🏻💰📈
0
Timestamps:
0:00 Introductions
0:26 How did Matt first get into trading/investing
1:32 Books Suggestions
3:41 Teaching Trading and Financial Literacy
5:50 How does Being a professional trader compare being part of an Institution
8:30 Traders wear many different hats
9:16 What was it like competing in the US Investing Championship
11:20 Follow Through Day, LVGO FSLY
12:20 How does this year's performance compare to others
13:52 Do you follow the CANSLIM Rules?
14:30 Determining Market Conditions- Net New Highs, Net New Lows
15:30 How would you classify your type of trading? Comparing Swing Trading and Position Trading
16:37 What is your target Risk reward Ratio?
18:25 Fundamental and Technical Analysis
21:02 How do you identify Potential Monster Stocks?
22:22 Stocks Posting Triple Digit Earnings Growth are more likely to do it again
23:22 Matt's Chart Layout and Technical Indicators
25:35 Green Zone. Volatility Indicator
26:14 NIO Stock Analysis. Entry Setup
26:30 Buying Pullbacks
27:25 Volatility Contraction Pattern
27:40 Scaling into a Position
28:00 Two Main Setups- Volatility Contraction or Expectation Breakers
28:40 AUY Stock Analysis, Kicker Candle
29:55 When does Matt place his trades
30:55 Volume Rate
31:37 How do you set your stop losses and manage them
33:47 Do you take Profits into Strength?
34:50 Getting in early in a stock position
35:50 Trimming your losers to hold on to your best stock
36:10 How do define your best stock and High Potential.
37:30 How do you determine position sizing and how many stocks are in your portfolio
39:17 How do you practice Progressive exposure.
41:05 Trade small when the market is under pressure
41:35 Going through 2020 and discussing Portfolio Exposure levels
42:55 Net New lows, New Highs Indicator
44:00 Net new highs went positive right before the follow through day
44:32 Robinhood Trader Story
46:00 William O'Neil is the GOAT
46:50 Everything has happened before, study history.
47:00 Dealing with choppy markets and the September correction.
47:53 Compare your stocks to the market. Relative Strength
48:38 FSLY Gap down
49:50 Do your homework during Market Corrections to find the next Winners
50:35 FTCH Stock Analysis. Relative Strength
52:35 Concentrate into your Winners
53:09 Biggest Winner of 2020: LVGO Stock Trade Overview
56:00 Doing Post-Analysis
56:34 Handling Pullbacks with a Cushion
57:50 Quality over Quantity
58:33 Dealing with Earnings Reports
59:41 Position Trading, Optimal Buy Periods during the year
1:00:45 The Trade Desk TTD Trade Analysis
1:02:52 AUY Trade Analysis
1:04:28 How do you keep track of leadership groups
1:05:55 Biggest Loser of 2020 NVCR Trade Analysis
1:07:57 How do you keep your losses in check
1:09:00 ACB Stock Analysis
1:09:10 NFLX Stock Analysis
1:09:43 Be Optimistic but also very risk focused and fearful
1:11:07 FSLY Trade Analysis
1:15:22 Trading versus Buy and Hold Investor Mentality (Buy the dip)
1:17:05 What is your main goal for 2021 to improve your trading.
1:18:16 Motivation for new Traders
and cool closing music at the end.
This interview is by far one of the best interview I've seen till date. It's a gold mine for all the CANSLIM investors
Awesome Sidd thanks for watching
"Everyone's got a plan until they get punched in the face."
That got a good chuckle out of me. Incredible interview. Learnt so much. Matt is a gifted communicator.
This man is so real and humble. I love his honesty.
1000%, I've found the best traders are humble and willing to help others
I was thinking the same thing, so successful but still so humble. Then I think that's part of his success -- not too much ego. For traders, too much ego can kill.
Anyone has the IBD link for where the how to find & own america's greatest opportunities articles are? I am not able to find them on their site. thanks!
Is this ATRP indicator available on Tradingview?
So I’m 15 I’m from Denmark and I started trading in September. I guess my strategy right now is swing trading. I have earned about 500 USD from 2500 USD. But lately I’ve been struggling so this video will hopefully get me out of the slump I’m in right now. Thank you to you both for taking the time to make this video.
Thomas kudos for you for getting started at 15. It's been a tougher market recently. Feel free to reach out on twitter if If you would like to.
Great interview. Where can I get the net new highs/lows indicators for TradingView?
Hey Richard, thanks for the great interview! Any chance you have access to Matt's TradingView scripts that he shows throughout the video (especially the ATRP)?
Thanks John! I believe Matt might share his layout on twitter
@@RichardMoglen I checked his Twitter and could not find it, unfortunately. Do you think you could ask him to share it in case he does not see our tweets?
@@johnbroe6116 hi John, I was looking for this too, and found it in tradingview when you go to indicators and search for ATR compression. Also linked here:www.tradingview.com/script/8rhrUrAG-ATR-Compression-expansion/
@@johncarver3106 Thank you. Another person who is probably successful but willing to help people.
Richard - do you have the link to the article Matt was referring to "How to find America's greatest stocks"?
Hi If you google America's greatest opportunities o'neil you should be able to find it
richard moglen you are an excellent host. you let the speakers talk, you dont interupt, your questions are to the point and you have a very clear and detailed time stamps in your videos. liked and subscribed bro.
Thanks so much! Welcome to the channel!
I dont understand what he meant at 22.15 while talking about earnings. Can u elaborate
Great Interview ,Thank you Richard!
Quick question, You mention at ~15:03 checking 'net new highs' & 'net new lows' what does that mean? and where can onhe see it ?
Stocks hitting new highs and stocks hitting new lows. There are various indicators you can look at depending on the charting platform. He showed how to do it later on in the video in TradingView
This ranks up there with the Leif interview. A must watch for anyone interested in the market!
Awesome thanks David. Matt was great
Hi people & Richard, i'm struggling trying to find the ATRP indicator , someone know how to put this indicator in tradingview? thanks !
I wonder what is the full position means.
Full position is refer to whole account?
Or the decided position for a single stock, like splitting the account to 10 stocks and each stock’s full position is 10% of the whole account.
Btw thank you for the awesome interview!
Thank you! A full position is a portion of the portfolio as you said.
Normally Matt has a full position with 30% in one stock. He builds it over time with 10-10-10%
He buys when the stock has a shaper or tactical entry. Has to be 5% above the last buy.
A great interview & details - less fluff and more stuff. Lots of information for position/CANSLIM traders. Really loved it. Hats off to Richard and Matt. Nice job!!
Glad you enjoyed it!
What was the organization for technical analysis (US) that he mentioned?
the CMT association I believe
I love what you are doing here Richard. Basically you're making Market Wizards interviews in TH-cam stile. Great format.
Thank you! More to come!
By far best trading indepth interview seen in while...no wonder he is the best out there..
Matt is both a great trader and teacher. Thanks for watching!
Canslim Trader from the 90's........ love your channel..
Glad to hear it Asafo, thanks!
Wow amazing content Richard, much appreciated once again and thank you Mr Matt Caruso for sharing your time with us
I would like to suggest you something for a next interview topic Richard: could you bring an experienced trader that mainly follows the CANSLIM approach but that trades mainly with options? How to proper pyramid a trade, when to cut it lose (if ever) or when to properly add. Which time of expiracy is better to chose based on basing formation? How to follow options flow in order to predict the next big mover? I believe it would be something great to listen/learn from. Much appreciated
Thanks Ivo for the idea! I'll be on the lookout for a good guest who meets that description. Do you have any suggestions?
@@RichardMoglen that's awesome! Unfortunately the people I follow on twitter that use options to trade they either use mostly Elliott Waves theory or mostly options flow. I know that everything is related at some point but as far as I know don't follow CANSLIM system per se directly. But probably that doesn't make much of a difference. Looking forward for the next interviews!
Great interview Richard! It'd be great if the setup of tradingview can be shared - unfortunately up/down vol ratio and atrp are not in tradingview.....
Hey Henry, I believe Matt is going to share it but I'm not sure, I would reach out to him on twitter
@@RichardMoglen Thanks Richard!!
Best interview I have seen! I wish I had seen it 2 weeks ago. Loved it!
Thanks so much Jane! if you haven't yet check out my other interviews: th-cam.com/play/PLPfme2mwsQ1FHSrVFNp5zhxXGCIjwW_cG.html
Thanx Richard, I went back and watched this one with fellow Canadian Caruso. Some great insights, no question. BW
Probably the best interview on your channel, very impressed with Matt.
Thanks Lars, Matt is a great teacher right along with being a great trader
Fantastic article recommendation! thanks for sharing that idea!
Glad it was helpful!
Amazing video, and thanks for all you do, Richard! Any chance you discussed his TradingView scripts further? Are they public?
thanks! I believe he plans to publish them
I just finished reading "The Perfect Speculator" based on Matt's recommendation, it was a good read
Never liked a video so fast. Gold mine of education. Thank you.
Awesome glad to hear it!
Excellent interviews, Richard! Keep up the great work in spreading the wealth of knowledge!
Thanks Jay!
Richard- Great interview. Questions were spot on. Appreciate the content.
Thanks Sajo!
Hi Richard, Great discussion about keeping losses small. Maybe I missed it, but did Matt mention how % stop loss he utilizes?
Hi Bitu, he uses a dollar stop instead, so he build a position up using that.
@@RichardMoglen Thank you Richard. Also, do you know how to add the net new highs / new lows in TC2000? I thought that was an excellent indicator that Matt utilizes.
It is fascinating to learn the various "tactics" and different ways these professionals use even if it is on O'Neills Canslim concept as followed and mentioned by Matt. Excellent interview. Thank you to you both.
Thanks Tony, Canslim is the foundation and these top traders have made it their own
Great Interview, Thank you!
Matt said technical analysis is understanding supply and demand. Any good resource about it from your experience Richard?
Theres a bunch of goods books I like from O'Neil to Mark Minervini. Pure technicals I like Brian Shannon's book
oh boi!! what an interview, thankyou Mr Carruso and Richard Oglen
No problem!
Seriously really good. I’ve already watched it twice. Thanks so much.
Wow, thanks!
Great job Richard. Thanks Matt.
Thanks for watching!
Yes, yes, yes! One of the best interviews i have seen. So many interesting details and Matt is a very sharp guy.
And Richard know just which questions to ask, the perfect trader interviewer.
Number one trader interview at the moment 🔥
Thanks so much!!
@@RichardMoglenYou are very welcome. Incredible work rate you have, im impressed and inspired!
Realistic, solid wisdom. Thank you!
Glad it was helpful!
Quality interview. What a great guest and trader Matt is.
Matt is great!
One of the best interviews for me personally. Fully subscribe to Matt´s assessment of different trading styles. Each has its benefits, but I think it is more common or natural to gradually shift from day trading to eventually position trading than the other way around.
Matt is a great teacher!
Been waiting for this 👍
Awesome man enjoy!
This is fantastic! Thx.
Hey Richard, can you please make us avail that Link of IBD series of O’Neil he mentioned.
And you are doing a great work man, Thank you for all this!!
Really great stuff guys. Many thx for all your time and sharing. Have a great 2021
Our pleasure!
thanks for doing the vids. much love from Zimbabwe
Thanks Brian!
The ATRP green zone/red zone is great. I'm guessing the "p" is percent, rather than price? I Haven't been able to imitate it on Prorealtime so far, it looks like an indicator on an indicator, but is beyond my abilities !
Great interview! Thank u friend
awesome as always, great stuff. Interesting he does most of his trading IN the first hour. Would love more interviews on the top 10-12 guys in the trading competition just like this one.
Thanks Jim! I definitely plan to interview more of the top guys
Great interview! How to Find and Own America’s Greatest Opportunities is a Gold Mine of knowledge. Can’t wait to get started. Thanks 🙏
Our pleasure!
Can someone share the link or links? Can't find them on IBD
Picked up a lot of beautiful insights. The Robinhood story and Ralph Acampora story is one kind of a golden nugget. Took this down on my notes.
Great interview. Been binge watching Richard’s market chat ever since. Thanks for this Matt and Richard!
Awesome interview Richard! You can tell this guy is 100% the real deal. Thanks for all the specific questions about stops, position sizing etc, you're reading my mind on those.
Thanks for watching Peter! Matt is both a great trader and teacher, It was great to have him on!
@@RichardMoglen I'm going to have to watch this at least 1-2 more times, just incredible amount of useful knowledge here. Any other way to learn more from Matt about his rules/strategies? Can he write a book or blog? :)
Great interview!! Nice guest
Glad you enjoyed it!
Just wow! So much fun to listen to! Thank you for this!
Our pleasure!
Fantastic interview Richard! Fully loaded with awesome content/learnings/wisdom. Just fantastic!!
Great to hear!
Wow. What a fantastic interview. By far the best interview in this series. Really resonate with Matt and learned a lot. Need to listen to it again. THANK YOU SO MUCH FOR THIS!
Glad you enjoyed it! Matt was fantastic. If you don't mind what made it the best interview so I can try to improve future ones?
@@RichardMoglen to me it was the best because the guy being interviewed was one of the best and he was just so smart and detailed. So keep interviewing the top performers and just let them shine like you do.
Great interview covering so many aspects of trading. Thank you.
Our pleasure!
you both are gem !
Thanks so much!
Awesome interview, awesome information!
Glad you enjoyed it!
Great interview - Thanks Matt & Richard
Thanks John!
Brilliant video - thanks so much guys.
Our pleasure!
Great interview, especially on how to legging in to a winner like LVGO.
Thanks so much!
Well done Richard. Subscribed! 👍
Welcome to the channel!
Thank you Richard for the awesome interview with Matt Caruso (loved the info)...I’m also an Engineer by education, Industrial Engineer. I’m just getting started in Investing and I’m obsessed. I got 82% return on investments for 2020. I haven’t read any books yet...which would you think is a great 1st book...would it be the famous William O’Neil book? Happy New Year!!
Hey Luis great performance! How to make money in stocks is essential reading in my opinion. Best of luck!
Thank you very much both of you Richard and Matt. Very useful insights.
Our pleasure!
Great interview..you guys rock.. Great questions Richard
Thanks Prateek!
Great interview, thanks.
Our pleasure!
Great Interview ! Really appreciated the time you gentlemen took to share your knowledge !
Glad it was helpful!
Awesome interview bro 👍🏻
Thanks man!
Superb sir. Thank you.
Great interview,so many lesson in there,thanks to bring it to us 🙏
Our pleasure!
Incredible interview! Great job as always Richard. Sticking to winners is always my weakness, so listening to how steady a pro's hands are when they found the right stock is very useful.
Thanks Nick! Holding those winners tight is one of my focuses as well to improve upon in 2021
Great work😁😁
Thank you! Cheers!
Great video! Was awesome to get insights from Matt especially after his monster year.
Glad to hear it!
Man, your page is awesome! Real trading on youtube! Finally some legit content!!
Thanks man!
Such a great interview. Learned lots 🙂
Glad to hear it!
Awesome, learned a lot :)
Glad to hear!
Congratulations and thank you for such interesting interview. I really enjoy listening and watching your videos. Excellent insights.
Thank you so much!
Thanks for sharing, I learned a lot. I was hoping at some point that we'd see how Matt's stop loss is managed throughout the trades (how he trails it up). I always have an issue holding winners while not getting stopped out on shakeouts. Usually if I scale out on the way up, my average gain ends up nowhere near the gain of the whole move.
Re-watching this again. Love to see what I presume is Steve Bigalow's influence in Matt's trading.
I got shaken out on FTCH as well. Too bad now only have a small position.
I liked his ideas about not stopping trading during bad times just go smaller. When I have some bad trades I get into IWM and SPY or their opinions until I get reoriented. Then if I'm up on IWM AND SPY I use them as a cash park.
Thank you guys for a great interview. I first got into investing this August realizing this was a once in a lifetime opportunity bull market and immediately faced the September and October chop. I didn't have rules to help me. Flew by the seat of my pants and an amazingly easy November and December in growth stocks helped me finish strong. I've been procrastinating establishing concrete rules. I can't do that any longer after seeing so many of the traders that have managed to stay in the market for so many years preach that their reason for longevity is their rules.
P.S. Are those trader
Thanks Javier! I'm not sure what you mean by your last question
@@RichardMoglen looks like it got cut off but I was just hoping to ask if he would share his scripts. Looks like tons of us asked the same question haha.
@@javiboo gotcha, yeah I think Matt plans to
Matt is a perspective KING. Man really knows his mental demons. What an ace. He even smiles like Capt Kirk from Star Trek 1:20:15
Awesome content Richard! You got great guests and appreciate the willingness of your guests to share the details. Quality over quantity.
Glad you enjoyed it!
Awesome
Thanks for watching!
Great stuff. Thank you both!🇮🇱
Our pleasure!
This guy is legit
Honeslty i dont know if you can trust all of it because who would want to reveal their secrets and lose it all?
His returns were verified in 2021 and he's entering again this year I believe. Also it be near impossible to make up answers to all the questions I asked. And finally CANSLIM has worked for decades because supply and demand and human psychology does not change.
感谢！
Matt's audio quality
Unfortunately Zoom + Airpods isn't the best combo.
@@RichardMoglen airpods only good for listening to music or watching movies lol
@@MarroneRosso yeah, I hope it didn’t detract too much from the video
@@RichardMoglen subtitles from YT are also very helpful, but I can clearly understand to Matt, when I use headphones.
One thing that seems totally "unnatural" to me is having like 3-4% stop but then keep adding so far up the move...I'd probably do opposite of having 6% stop and take profits way faster...which is why I'm a total amateur.
Just WOW!
Glad you liked it Erny
Again, a great interview and great insights into the professionals' thinking process. @richard Moglen Do you have any idea how to replicate the volatility indicator Matt uses?
The host did a great job as usual! I was very impressed Matt laid it all on the line. Do you know if Matt is sharing his amazing tradingview Indicators?
Thanks! I think he plans to publish them on twitter
damn right
Jackson Donald White George Walker Linda
Great interview, thank you
Glad you enjoyed it!