36:00 absolute gold mine of knowledge, this entire channel is a needle in a hay stack. Being able to teach critical aspects of technical analysis in a way its so easy to understand even for someone like me with an IQ of 68. This is true Mastery from Jared, this is more than just a privilege to experience this wisdom...
I've said it once I'll say it again. 280k subs can't be wrong... I can't believe there are only 280k smart people in world. I always recommend this channel to anyone learning about trading. Thank you so much for bringing such a University caliber lecture, week in and week out. Humbled
Absolutely golden nuggets of information in here much like other videos by Jared. He is so spot on when he says to always keep an eye on one time frame higher and one lower; you may get stopped out on a smaller time frame but when you look back at your trade on a larger time frame it hits you that the stock was still moving just fine in the direction your analysis predicted. Always make sure what the stock is doing in the grand scheme of things (larger time frame) and then select your stop loss and position size accordingly. Seems obvious, doesn't it? ...and yet so many of us jump in too quickly and never account for these variables.
@@Live.Traders Hey Jared I saw ur volume and price chart video and it was gr8 and really helpful, though I had a doubt. How do u study wicks of the candle in respect to volume. As some candle have heavy volume with up and down wicks(one bigger than the other, in or off a trend). Can u make a video regarding this?
Hit 2r today after watching the video from last week and my trade today stayed above the break with volume! And it moved .25 r after the break. Thanks Jared.
I have been a member of your chatroom for two months. The lessons I learn there is worth millions. Love the tough love. I am new to trading I am lucky to be under your mentorship.
Really digging the new camera setup; feels alot more personal and connected, similar to a masterclass. Also like your style and house setup, as it helps show what's possible if disciplined and dedicated. You're a great educator, and i'm glad to see you becoming even better day by day.
I'm pretty sure I told that guy to watch your videos! Or maybe all these people who blow up their accounts sound the same. Don't ever stop showing us these. They are great lessons.
Thanks Jared, reading trades bar by bar, I'll be aware of getting out of losing trades earlier now and not overstaying my welcome at signs of turbulence or loss of momentum... another excellent video!
I recently backtested this on 3BP's of mine. If it had a weak break or had a major red bar or topping tail in the first 2 bars, I will move my stop to BE or underneath the problematic bar.
I am from Oliver Velez or I Fund Trader and we call this “ red bar ignore and green bar ignore” it is when a green take out red high and when red take out green low. Entry is above the red and stop below the red. We use this to buy pull back , add to the bigger play because this is a smaller risk play. We simply buy the rbi near rising 20ma above 200ma and take profit far away. This has a really high probability about 87% of the time . If we has a strong move first then the rbi, it is usually the middle of the move
As usual, you've hit the nail on the head again. The tactics you teach in this Lecture help to fill in and enrich some of your previous Lectures; this is one of the BEST sessions I've seen you deliver so far -- and, I'm sure there's MUCH more to absorb. Thank You so very much, Jared!
Thanks for taking the time to produce another EXCELLENT video - Question - @28:36 when you put your stop loss under the green bar bottom tail isn't the stock already trading below that point ?
Hi jared, I am very interrested in daytrading, but I have been searching through the internet and listening to many lies for a week now. Do you know a book I can trust that is for beginner daytraders? Thank you!
Jared, thanks for the lecture as always. I thought that having a clear set of rules for trade mgmt (for example "2R AON" or "2R raise to BE at 1R") and adhering closely to them was critical to developing consistency over time. But the kinds of preemptive exits you have been presenting in the last few lectures are essentially discretionary (borne from experience, and on a case-by-case basis). If you allow those kinds of exits in your TP, you are not doing 2R AON anymore are you? Doesn't that defeat the purpose of seeking consistency through consistent Trade Mgmt, or are your Trade Mgmt rules just becoming guidelines at this stage? Again thanks for your valuable content.
If you have a 2R AON then this presentation is "worthless" to you. Why? Because it isn't in your plan. Above all, you always stick to your management plan. Now, after watching this video, you can change your plan, if your data supports it, and no longer use a 2R AON. That said, even if your data supports you switching from 2R AON to a custom money management strategy, that does not mean you get to be discretionary whenever you want. It means you get to be discretionary when your plan says you can be discretionary.
I love J, he tells you everything you need to hear IN YOUR FACE! Tough love though, thats what we all need. I wish you traded futures ha! Great job J!!!
You are a really good teacher! Any advice for a trader that watches a stock go up up up and is scared to get in for what ever the reason? I miss so many trades right before my eyes. Thank you for all that you do
Do you use the 5 minute for bar by bar decisions or 1 minute? I know its good to look at more at the same time but we aint robots. What's the strongest time frame for in the moment decisions?
Apologies but is there a video you have done explaining the intra day system you use and how it actually works? I come from day trading so the UX you use looks a little foreign to me. Would like to see a few trades placed and explain it all. Links to vids if you have got one would be great. All the best from the UK
I've seen choppy stocks where there is no relative high to base entry off of yet the stock ends up going higher and I just sit bc I could ID decent entry point.... whats the solution?
Love your videos, Jared. Quick question. I read that you have to accept the risk of each trade. If you try and cut the risk mid way, you haven’t really truly accepted the risk. I’m sure you studied this concept. Any words of wisdom? Thanks.
hey any chance you can use a dark back ground not white with high hz high nits and high pixel monitors your videos burn these images in my skull super bright even with brightness down and night light mode super bright just a suggestion thanks
I loose today a lot on AMD was long on 88.99, what I did wrong on price action reading? damn... now looking at the 5 min chart I think it did a 3 bar play on the short side ...dammit : (
When I started daytrading I expected: Hard 99%losing rate (1% of the people succeed) Learning in 2-3y minimum. What it acutually was like I noticed was this: Capital, thats all you need folks. Get 70-100K and then you will be one of the 1%. It's easy, trust me.
joined your 1$ 2 weeks chatroom before. I'm an experienced trader and I didn't find anything you taught was useful. Too much talking on the side but not much real play except the super obvious ones that everyone knows
36:00 absolute gold mine of knowledge, this entire channel is a needle in a hay stack. Being able to teach critical aspects of technical analysis in a way its so easy to understand even for someone like me with an IQ of 68. This is true Mastery from Jared, this is more than just a privilege to experience this wisdom...
I've said it once I'll say it again. 280k subs can't be wrong... I can't believe there are only 280k smart people in world. I always recommend this channel to anyone learning about trading. Thank you so much for bringing such a University caliber lecture, week in and week out. Humbled
Absolutely golden nuggets of information in here much like other videos by Jared. He is so spot on when he says to always keep an eye on one time frame higher and one lower; you may get stopped out on a smaller time frame but when you look back at your trade on a larger time frame it hits you that the stock was still moving just fine in the direction your analysis predicted.
Always make sure what the stock is doing in the grand scheme of things (larger time frame) and then select your stop loss and position size accordingly.
Seems obvious, doesn't it? ...and yet so many of us jump in too quickly and never account for these variables.
I swear Jared always coming out with lessons relevant to my current situation. It's like you're talking to me...
Jared is the Candle Whisperer...
I aim to please!!!
@@Live.Traders Hey Jared I saw ur volume and price chart video and it was gr8 and really helpful, though I had a doubt. How do u study wicks of the candle in respect to volume. As some candle have heavy volume with up and down wicks(one bigger than the other, in or off a trend). Can u make a video regarding this?
Hit 2r today after watching the video from last week and my trade today stayed above the break with volume! And it moved .25 r after the break. Thanks Jared.
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?!!!
I have been a member of your chatroom for two months. The lessons I learn there is worth millions. Love the tough love. I am new to trading I am lucky to be under your mentorship.
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
Let the chart be right and let the chart be the “winner”... We’re just objective observers looking to catch a good wave. Thanks Jared. Great info!
Really digging the new camera setup; feels alot more personal and connected, similar to a masterclass. Also like your style and house setup, as it helps show what's possible if disciplined and dedicated. You're a great educator, and i'm glad to see you becoming even better day by day.
This channel should have over 1 million subscribers. Best trading education on the web. Thank you Live Traders!!!
What an excellent breakdown of a chart! Many of the things you taught before are shown in an in-depth chart. Invaluable! Thanks, Jared!
I'm pretty sure I told that guy to watch your videos! Or maybe all these people who blow up their accounts sound the same.
Don't ever stop showing us these. They are great lessons.
The candles almost talk to you when you watch them, not psychic but you feel the candle. I noticed over the last few days being more attuned to it.
Thanks Jared, reading trades bar by bar, I'll be aware of getting out of losing trades earlier now and not overstaying my welcome at signs of turbulence or loss of momentum... another excellent video!
29:50 That's actually Wyckoff distribution phase which is bearish
I recently backtested this on 3BP's of mine. If it had a weak break or had a major red bar or topping tail in the first 2 bars, I will move my stop to BE or underneath the problematic bar.
I am from Oliver Velez or I Fund Trader and we call this “ red bar ignore and green bar ignore” it is when a green take out red high and when red take out green low. Entry is above the red and stop below the red. We use this to buy pull back , add to the bigger play because this is a smaller risk play. We simply buy the rbi near rising 20ma above 200ma and take profit far away. This has a really high probability about 87% of the time . If we has a strong move first then the rbi, it is usually the middle of the move
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
Great points throughout! But awesome point at 17:44!!
Hello!! New here! Was just looking to buy the book but 2k lololol I well just stick to the amazing TH-cam content! Thanks for all the help!
As usual, you've hit the nail on the head again. The tactics you teach in this Lecture help to fill in and enrich some of your previous Lectures; this is one of the BEST sessions I've seen you deliver so far -- and, I'm sure there's MUCH more to absorb. Thank You so very much, Jared!
Thanks for taking the time to produce another EXCELLENT video - Question - @28:36 when you put your stop loss under the green bar bottom tail isn't the stock already trading below that point ?
Was it a short play? I didn't go back and look... ;-)
watching you for over 2 years, I thank you
Looks like there is an editing mistake at around 29:05
Probably...lol I'm sure I made lots of mistakes...
@@Live.Traders it's no big deal, just thought I would bring it to your attention
nah it was just a quick transition that was too slow for ur brain
Hi jared, I am very interrested in daytrading, but I have been searching through the internet and listening to many lies for a week now. Do you know a book I can trust that is for beginner daytraders? Thank you!
Jared, thanks for the lecture as always. I thought that having a clear set of rules for trade mgmt (for example "2R AON" or "2R raise to BE at 1R") and adhering closely to them was critical to developing consistency over time. But the kinds of preemptive exits you have been presenting in the last few lectures are essentially discretionary (borne from experience, and on a case-by-case basis). If you allow those kinds of exits in your TP, you are not doing 2R AON anymore are you? Doesn't that defeat the purpose of seeking consistency through consistent Trade Mgmt, or are your Trade Mgmt rules just becoming guidelines at this stage? Again thanks for your valuable content.
If you have a 2R AON then this presentation is "worthless" to you. Why? Because it isn't in your plan. Above all, you always stick to your management plan. Now, after watching this video, you can change your plan, if your data supports it, and no longer use a 2R AON. That said, even if your data supports you switching from 2R AON to a custom money management strategy, that does not mean you get to be discretionary whenever you want. It means you get to be discretionary when your plan says you can be discretionary.
@@matt9060 Spot on, Jared mentions this at 36:50.
As always, So valuable learning lessons Jared,,,thanks.
Stylish trading, stylish room! You are my inspiration!
I love J, he tells you everything you need to hear IN YOUR FACE! Tough love though, thats what we all need. I wish you traded futures ha! Great job J!!!
J, is your 20 an EMA or SMA? just wondering
@@pepe_nasdaq_scalper I generally only use the 50ma and the 200ma on the DAILY chart only.
But on this video, on a smaller time-frame you said it was a 20, so my question was if it is an EMA or SMA?
If you want to learn trading, there is no better channel on the internet. Jared is here to keep you safe. Let him!
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
Where can I get the flash cards? Saw them a while back and now I'm kinda obsessed with finding them.
Powerful lecture Jared. Love the long lectures and new topic.
I can't trade since March ... Can't get over the fear after big loses in 2021.
Check yourself before you wreck yourself. Get back in and do it right this time. What are you waiting for?
Thanks for another great lesson !! Always waiting for you weekly videos !!
You are a really good teacher! Any advice for a trader that watches a stock go up up up and is scared to get in for what ever the reason? I miss so many trades right before my eyes. Thank you for all that you do
I love all yo lectures. I learn alot from them. Thanks. Am a Jonax a newbie from Uganda
@Investidos Sardinha hi
Jared, as a beginner would you recommend to constantly manage the trade or let it go 2R without managing it?
I'd say set it and forget it...
Do you use the 5 minute for bar by bar decisions or 1 minute? I know its good to look at more at the same time but we aint robots. What's the strongest time frame for in the moment decisions?
just use Heikin Ashi candles, easy to stay in and easy to get out, get out at trend break.
VXRT on a 2min chart today 29-04-21 is exactly like your chart at 30min if you want a concrete example.
I just looked it up and you are correct!
27:15. Wtf how did you know
Great session! Enjoyed & Learned from it 👍🏻
...Jared Wesley here of Liiiiiiiive Traders...
Not trading during first 15min is the point nr 1 on my trading plan and it surely saved me a lot of money! Thank you Jared, for another great lecture!
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
You are a great teacher. Thank You...
Thanks, I appreciate that.
I was wondering whether you can make for us a video about advanced market structure. Thanks
Do you trade futures? Any advice on that? Thanks alot!
No...but there is nothing wrong with trading futures...
how much do you risk per trade?
Typically around $1000...occasionally it changes.
Apologies but is there a video you have done explaining the intra day system you use and how it actually works? I come from day trading so the UX you use looks a little foreign to me. Would like to see a few trades placed and explain it all. Links to vids if you have got one would be great. All the best from the UK
I've done 100's of videos...I'm sure it's in there somewhere.
@@Live.Traders I'll keep digging. Thank you
Amazing free lecture. Keep it up👏🏽
the chart at 39min it on what time 5 min 3 min 1 min ???
Jared!
While looking at relative strength of the “FAANG” which are you comparing that against? SPY or QQQ etc.
Thanks
Love the content.
QQQ, make a list of stocks from each exchange and post them by your monitor
Thanks, Jared. So much I don't know........
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
I've seen choppy stocks where there is no relative high to base entry off of yet the stock ends up going higher and I just sit bc I could ID decent entry point.... whats the solution?
I just did a lecture on that in the chat room...you'll have to wait til I upload it ;-) Not sure when yet...
This video should be watched daily before the market opens.
Love your videos, Jared. Quick question. I read that you have to accept the risk of each trade. If you try and cut the risk mid way, you haven’t really truly accepted the risk. I’m sure you studied this concept. Any words of wisdom? Thanks.
Love the lesson Jared. What kind of camera are you using? Amazing quality.
hey any chance you can use a dark back ground not white with high hz high nits and high pixel monitors your videos burn these images in my skull super bright even with brightness down and night light mode super bright just a suggestion thanks
I love the white backgrounds...Sorry...
@@Live.Traders that’s raciest I’m going to Report you to TH-cam and try and have you and your channel canceled welcome to 2021 lol
Do you have live stream trading? if so, when?
Jared, I love your videos, always packed with great information! Thanks for sharing!
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
Thanks Jared. Just subbed
Awesome..... Great Video. thanks a Lot
Glad you liked it!
Thanks, Jared real wisdom
Do u sell options??
I dont trade Options, but Anmol at LT does...I might get into them this year...
One of the best skills I've learned.
Great video man, thank you!
amazing stuff!!
very good teacher!
I loose today a lot on AMD was long on 88.99, what I did wrong on price action reading?
damn... now looking at the 5 min chart I think it did a 3 bar play on the short side ...dammit : (
Amd was on my list but it had resistance at 90. You should have waited for it to break 90 (it would have then had room to 95).
@@Hells_Gift_MB thanks you're so right!!
@@JOCECIL No worries :)
I have learned a lot from this wonderful man. 😊
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
Perfect, another piece to the puzzle found!
I once blew my whole portfolio in options within 2 hours the worst loss I ever had and I’ve been knocked out before😂
Always put a stop loss otherwise you will be in shock when a stock is extremely volatile and melts and you’re down a massive %
I see we dont want 60-70% retracement- isn't 50-61.8% fibs a good level tho?
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
Hello Jared, what do you think about futures trading?
I think it's fine. ES, NQ, YM etc...Nothing wrong with it.
@@Live.Traders Excellent, can your strategies be applied to them? Because I see mostly you do gap ups...
@Lucas M Whatsapp 👇+1901267
Awesome lecture!
Is 1%-2% return on a day trade really unreasonable? What are some of you guys shooting for?
That's exactly what we're shooting for...BUT, even if you only get .5% per day, it's still pretty solid. Cheers!
@@Live.Traders Fantastic, just trying to keep my expectations realistic. I appreciate your response and everything you do.
"The hopium" so true! Lol
When I started daytrading I expected:
Hard
99%losing rate (1% of the people succeed)
Learning in 2-3y minimum.
What it acutually was like I noticed was this:
Capital, thats all you need folks. Get 70-100K and then you will be one of the 1%.
It's easy, trust me.
Excellent...lecture right from the trenches..thanks for helping..godbless. 🍷🙏🍔🤑
Wh••=app••=+••=1••=7••=8••=1••=4••=3••=6••=0••=8••=4••=2•...
as always interesting
My trading plan is all or nothing so I have to take it on the chin
good
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
dude I love your content bro
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
@@jessicawiley2814 not exactly sure, where are u from
There is no hope.
Just end it.
Record it for review.
Awesome
4 day lost and I’m not happy on Robinhood
🔥
It broke out after I stopped out will be engraved on my tombstone.
It woks atleast 70%
My only issue is all these pink supports are not good. the support is somewhere else not visible.
Wh••=app••=+••=1••=7••=8••=1••=4••=3••=6••=0••=8••=4••=2•...
fact fact
Double Like
thinkorswim on demand feature great for reading bar by bar in real time of past trading days
Amc to the money moon 🌙bag of 💰🤑💸on the moon
Wh••=app••=+••=1••=7••=8••=1••=4••=3••=6••=0••=8••=4••=2•...
joined your 1$ 2 weeks chatroom before. I'm an experienced trader and I didn't find anything you taught was useful. Too much talking on the side but not much real play except the super obvious ones that everyone knows
Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere???
As a beginner trader u like to take the opportunity to earn a lot of money..Get a professional broker and start a career in bitcoin tradin
i love how this video only has 28k views. i feel as if people enjoy losing money :/