its only in darkness when we are conscious of our next step. Not knowing is the most profitable position you can be. Knowledge and understanding only comes to those receptive. this only possible if you think you are dumb. The Money Follows
Greedy why not help others shared the knowledge help some of us that wants to leave the matrix smdh reason why the world can’t be a better places cuz we have people like y’all closed minded and selfish. Idc if you have to make some sorts of profits from the indicators that works for you God helped you so you could be a blessing to others
Considering there are famous hedge fund managers behind most indicators, I don't think he knows what he's talking about. I'm not talking about RSI or MACD, I'm talking about the indicators that have famously been used by hedge fund managers to make millions.
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
My job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
@@james.atkins88 I value your recommendations. It's challenging to locate a trustworthy person. I could really use your investment advisor after seeing how much money you've made through investing. If you don't mind revealing her information, that is.
*Mary Onita Wier* is my portfolio-coach, I found her on Bloomberg where she was featured, I googled her name on the internet. Fortunately I came across her website and reached out, You can also verify yourself.
This information is valuable. I quickly searched her full name and her website appeared instantly, showcasing her impressive qualifications. Thank you for sharing.
@@kareemalmond correct. Depends on the course. You have some time wasting courses that will feed you googled bs with charisma. But it for sure is advantageous to learn the skill than to pay someone who is making guesses based on made up data. I trust me with my money more than that lol Made up data meaning manipulated to be rigged in one’s favor. Meaning I could say Shaq was one of the best shooters of all time based on field goal percent. The shots shaq took ain’t the same as Steph. But I can make it appear that shaq was better in shooting. I wonder if hedge funds mess with GameStop these days. We all know how that worked for them. They had to have the government jump in and help the hedge funds…
Courses are fine, but you can get good courses for free. You don't need to pay hundreds of dollars for courses. Instead invest all that money you would have spent on a course, and learn online using youtube. I've probably spent 20 hours watching investment videos in 2 months, and I've invested 450 dollars. My account has only gone up.
@@LordPepe-jh5dt Heck, you can teach yourself for free. You don't need courses. Courses are only there to take your money and make the fake trader rich.
stocks will continue to rally, stocks are not the economy, I had 250k put aside waiting for the fed to stop raising rates. Now I want to get back into the markets, but the hike will continue and stocks are still climbing, I’m confused and happy to discuss.
It is always good to have a balanced fin-plan. I work with a professional planner and fixed-income strategist in NY. the fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
"If I have a box that can generate all the possible money can exist in the world, I will sell that box for a limited amount of money" - said all the dude in signal group XD
Christ, the logic is lost on you huh? Who said anything about giving the box away? Why would someone suddenly not be able to day trade, just because they taught someone how to do it via monetary exchange? People like Trez here think single individuals can teach even a fraction of the actors required to cause even a slightly tangible upset in even the smallest of penny stocks. Anyone with forward critical thinking would be aware that no matter how well they teach, the majority of people simply won’t pick it up, and the ones that stick around and fuck it up would just add to the potential volume that can be liquidated for someone like him to profit anyways. And I have in fact met someone who’s profitable day trading, and yet sells courses for the typical $1,500 as a well as selling signals, but lets me do Zooms with him every morning for free. I’ve asked him about this. He’s obviously not filthy rich, and while trading is compounding sure, it takes time to build good portfolio. His reasoning is that if someone is lazy enough to just want signal, why not make money off it? And if he’s taking time out of his day to teach people exactly what to do, then he might as well bank the going rate for what people are willing to pay. It’s that simple, money is money. I see it differently personally, but you have to understand the logic
@Basil jacob you have internet right? That how most of us are learning or text books. Put in the work.. I am googling MAT now. He gave you the keys, time to drive.
All I focus on and use on a day to day basis. The Marketplace is nothing more than a 2-way AUCTION process with buyers and sellers agreeing on price. Which by the way, price is nothing more than an advertising mechanism; as JDalton always says..
Ok. So you're an institutional trader? I doubt a real trader from Morgan Stanley is on TH-cam making comments. You can just say" oh, that's a good point this guy just made". Instead of posing like you're NOT a retail trader, just trying to learn like everyone else
learned smc, now you think you are trading with institutional and other trader are retail. while actually you are 1 of the retail traders, you are just using renamed theory that actually already exist since wyckoff, etc
I think people use these words differently. The narrative is if you are a trader who trades 100k-1m and you are consistently profitable you will no longer think of yourself as a retail trader. Because it is no longer about if you in fact work for a company but rather if you are pro trader with big trading balance etc. that COULD work for a company and „retail“ is just every other normie noob default standard average trader :)
@@ericpowell4350He doesn’t know it as well. He probably made 3 good trades with some cherry picking in his short backtest and thinks he’s going to be a millionaire. Ngl, I was that when I just started out as well😂
Learn to trade. Buy only off support, set a stop and a sell, close your computer and go to work!! Check on your position a few times during the day, if in profit raise your stop. Close position before the closing bell. Hold nothing overnight!!
I feel like trading has become this industry where everyone tries to say what’s right or wrong but at the end of the day even big institutions lose money so don’t get caught in analysis paralysis.
@@Commenter1337 yes I agree with you. What I was trying to say is that it’s one thing to say your strategy is “right” or “wrong” and another thing to say it’s “different.”
Hey Umar, I have been really appreciating your videos - I've noticed exactly this, it's easier money to sell the indicators than the trading. I'm looking into the fundamentals of financial mathematics and starting with linear algebra so I can learn about eigenvectors so I can do the MIT Opencourse on Finance. Thank you for your time you take making videos, and your honesty about the aspects of it. Keep up the good work! Any tips for someone starting their journey?
I know people making more money than him with macd and some indicators trust me none of us aren't the god of market we shouldn't talk about everything with this level of confidence.. he make good money with his sterategy good for him but he shouldn't talk about something he couldn't figure out
Not everyone is deep into the stocks world. Don’t act like a know it all dude, u may not now a lot in my field for example. You scare me deeply about the future of our species talking so negitavely
@@TheShortsZonee it’s because people genuinely believe a chart pattern can predict the future of a randomized market. Don’t get into stocks if you’re gonna yolo your account
@@advikdeshmukh805 how much do you know about trading? Because it is not all that random at all. Otherwise, Price Action trading-you know, supply and demand?-would not work. Which is what he is saying by, "It depends on who is aggressive and who isn't" Don't talk on things you don't understand.
@@dniilii You don't know what you're talking about, you think that trades depend on a pattern in a graph or even the supposed self-fulfilling "supply and demand" you see in your patterns. I can tell you've made a lot of losses in your time because you obviously don't know how a stock is valued
@@alexairplanner there is a lot more volume on futures contracts compared to options so it doesn’t really matter and a volume indicators should only be one of your confluences to your trading strategy
Price action. All the indicators will just come to the same conclusion as the price action. No need to complicate it so much. Then you have the human which comprises 90% of the other aspect of the trade. Control the emotions and you have yourself a great trader.
Doesnt work for me so far. Or I just suck at reading price action. But give this a thought, you change to different time fram and the chart doesnt look the same anymore
Having indicators and using technical analysis helps you make realtime decisions. Indicators can definitely help let you know when to get into and out of positions. That paired with price levels, understanding risk tolerance and having patience can be a recipe for success
Thank you for not being manipulated by emotional traders like the one in this video some people can’t understand technical analysis and if it doesn’t work for them they shouldn’t think they have no control everything is pointless like give me a break what an emotional trader
Thank u!!! Finally somebody that thinks like I do. Why would I sell what makes me money especially the amount of money u could make in the market. Ppl may say they are looking for multiple incomes by ad revenue and whatever but all u have to do is open multiple accounts and grow them to a size were simple trades bring 5 figure either weekly or daily.
after 2 years of looking for the holy grail of indicators i realized that it was the naked charts all along. Person A buys x stock at x price price increase Person b sells x stock at x price price decrease Theres no way to tell when that is happening
I think how to use an indicator is the real key. You need to put a lot of screen time and have experience to trade and start making a living. I have been doing scalping in Index options from past 4 years. Certain indicators work better than other. Just need to backtest them. In very choppy markets harmonics give you good resulta
@@rajeevraut1647 You can try 200 MA on 1 min TF for entry exit and 200 MA using 5 min settings to identify trend direction. Use normal support and resistances- Use 15 min,1hour and daily chart to mark those levels. Please read my reply to divyang. I have shared some of my experience over there. Good luck
It's about confluence and using multiple indicators: rsi, Macd, volume, stochastic, ma's. Then setting support and resistance levels and trendlines. Then determining market structure, scale in from weekly to 4hr to get structure info, then look to put an order in on 1h or 15m. Be patient. Use stop losses always, manage risk, don't take too many trades, don't rage trade, trade like a bot, no emotion.
*Excellent !!! I really do have a question. For someone with less than $10,000 to trade, how would you recommend we enter into trading ? I am looking at studying some traders and copying their strategy rather than trading myself and losing money emotionally. I would greatly appreciate any suggestions.*
Mr Morris understanding of market indicators is impressive. He knows exactly when to enter and exit trade for maximum profit. He's signals are top notch
This I also why these stock courses don’t teach crap 😂 it’s not real ladies and gentlemen, the real knowledge is not open to public, and no one’s sharing it out of the kindness of their hearts….furthermore if they had it they wouldn’t dare give it away or even sell it for that matter.
You sound like someone who isn't a profitable trader, but paying for a course is dumb all the info is out there for free. Trading isn't complicated it's easy and straight forward controlling your emotions, being patient and following your strategy is the hard part
I literally got into stocks because of the auction market in 2K. I almost shit myself when I found it it’s pretty much the same silhouette except I just had to learn how to read the market.
Indicators show the past and what has already happened. So youre a step behind. Understanding price action and you dont need indicators. You could use them as extra confirmation
But even in price action, you are still looking at the past. There’s never an instance in trading where you are looking into in the future. Not even with price action.
@@joker123344 well at least price action doesnt cloud our judgements in an instance and push us making rash trade which is risky. Perhaps, trade with fewer indicators might rectify this problem
@@boboiboy9350 disagree. 10 people reading price action won’t produce a 100% similar conclusion, just as 10 people using the same indicator will have different readings due to many factors (i.e parameter settings). But that said, anyone who uses a mixed system has a chance of clouding their judgement with one method or the other. Pointless argument really. Just doing what works for you is the game.
That's why my chart is almost naked without any indicators except for simple technical analysis. Trade with the trend.. and trends created by the big institutions.
If you know how to trade and use indicators they help you to trade a specific trade style. This dude so smart he doesn’t know what he doesn’t know. He just knows it all
Anyone can start a fund as long as you can convince investors to give you money. Easier said than done. The reason hedge funds make money is because they deal with large amounts of money and have fees associated with them holding your money. Whereas you and I might need a 12%-15% shift in stock price to make decent money, a fund only needs 1%-2% to make millions.
Indicators that use averages are fine to implement into your strategy because at the end of the day market makers are the ones create market volatility by checking the general "health" of the stock/index and will make it more lucrative for traders to trade.
Indicators only work if you create a strategy around em giving yoou have a winning edge. You dont really need to understand what truly happens. You just need an edge
invest more. don't give up your dreams. people wants to do what the 99% does but wants to get results that are fit for the 1% but it doesn't work that way.
Knowledge is the greatest commodity investment is the quickest path to financial freedom, the rich stays rich by spendinglike the poor yet ... Read more
@@MaryJames-hq8lt investment is very very good and necessary but before you invest with any expert trader make sure that it will be a person that have the experience.
Technicals are Statistic based tools that use previous prices and fluctuations to indicate possible future movements. If I buy low on the RSI on the daily on an uptrend on a good company the odds are I'm making money. U use them with big money moves to gain a proper entry. Hedge funds use the indicator they created 😂😂😂
You can’t say this as there are people who make money with the HELP of indicators, they should only be there to help confirm what you are seeing not to completely rely on
@@terrimateus6076 they use them as confirmation of price action. And yes there are ones that tell you when to buy and sell…that’s after price action confirmed to already be in the trade
One thing you will never find as far information is, every session tells apart of the never ending story if you can get on the same page as the story you will become profitable……3300 to 12k today I’m feeling good I’ll give one more clue, yesterday and past session will leave so much information, price moves zone to zone, just follow the session to follow the story….
After 4 yrs of trading, I erased the clutter from my trading and started doing just this for about 5 weeks now and have never felt better about my trading win or lose. I literally wait for a part of the "story" that I understand and trade along with it. Thanks for sharing 👊🏾
I have seen many traders making money with indicators too, for example, Takashi Kotegawa (BNF) uses 25 MA and Macd for entries, he's worth more than 100 million dollars, CIS, he's a close friend of BNF who uses 5 and 25 MA with other indicators to trade, his biggest trade made him $33 million. Paul Tudor Jones used 200 MA too to predict Black Monday.
He is talking about God Hedge funds when they sell u can't buy the quantity when they buy u would not have enough shares to sell hedge fund with Billion trillion dollars
No lol 😂my indicator gives me an accurate signal on selling n buying, entry point included 😅I made 80k last week zar sA rands n this week I was impatient 😢lost 30k so far, i only trade us30. I'd sell my indicator only to get more capital+ also to help others become successful ❤
@@amorfati4096 alot indicators are ok if you use market structure to identify a entry then use indicators as an entry exit but u dont need them and if you dont understand market structure your screwed...
I would say big financial institutions don’t need to use technical analysis because with the amount of money they have they are the reason technical indicators are a thing because retail investors use them for indication on the in and out flow of the big institutions…it’s like in crypto when there’s a whale who can literally buy into a stock raise the price make a profit then cash out and leave those who were not knowledgeable enough to notice bullish or bearish traps
@RADICAL Thanks for replying. That actually makes a lot of sense. I’ve been trading VIX options for awhile but it’s not a good long term strategy. I’m gonna give this a go. 🙌🏾
He's right in the sense that technical analysis is just observing when big institutions are buying and selling. Most people should just hold stocks and wait the 30 years to get rich.
LOL This is exactly what I tried to explain to a friend getting into the market. He ended up exaggerating that I was “counter trading” him because he checked rsi and macd so my solution was, let them be lost 😂😂
Keep in mind that some people don't know any better. I didn't know any better. When you're first learning, indicators are some of the first things you're taught. I don't think it's a bad thing to pair an indicator with price action to help you learn price action enough to the point that you don't need indicators
As an intraday scalper that only focuses in London market hours, a good combinations of indicators helped me alot in making decisions faster. But again, if you just follow signals on indicators without actually understand what they are indicating, ya.. thats very risky.
Yesssss, this is why I trade Smc, I don‘t understand how people rely on stupid indicators that even are wrong in most of the situations. Sma and Fibonacci are probably the only good ones.
@Nomar I didn't say I'm better than you. What's your problem? All I asked is what his point was. If you don't understand what it means, don't bother beating around the bush.
@@SamuelTttghk.. basically bro, don’t rely on indicators. The billion dollar hedge funds aren’t using indicators to make billions of dollars. You feel? They control where the money goes and what goes up and comes down.
Stoch RSI + RSI + CCI when all three agree it generally means that the stock is over sold or overbought. I don’t always use it but when I do it tends to work out.
@@pixelx9165 you’ll be surprised on how desperate people get when their strategy goes against them and they start adding whatever indicator that looks “appealing”
That man just killed the entire technical analysis market
He did not kill it. Instead he made it solid. Technical analysis is the best.. Indicator is lazy
Price action is good, but focusing your analysis in indicators is the best way to lose money
Lol. Imagine thinking indicators define technical analysis
>indicators are technical analysis
Retard take
Fibonacci
So basically "No one, including myself, has any clue wtf we're doing"
Pretty much sums it up
Some of us understand the whole process... both A & B... He is only describing A
A. what to do using technical analysis &
B. when to use it
its only in darkness when we are conscious of our next step. Not knowing is the most profitable position you can be. Knowledge and understanding only comes to those receptive. this only possible if you think you are dumb. The Money Follows
you just need to know where "big mkney traders" are buying or selling
ICT students know😶🌫️
He nailed it. If the indicators were so good, save that for yourself
Greedy why not help others shared the knowledge help some of us that wants to leave the matrix smdh reason why the world can’t be a better places cuz we have people like y’all closed minded and selfish. Idc if you have to make some sorts of profits from the indicators that works for you God helped you so you could be a blessing to others
Everybody isn’t selfish. Enough money for us all. It’s people like him who hold people back as a whole. A disgrace.
@@1Scital1 ye sure people will give it away as nothing. please think
Considering there are famous hedge fund managers behind most indicators, I don't think he knows what he's talking about.
I'm not talking about RSI or MACD, I'm talking about the indicators that have famously been used by hedge fund managers to make millions.
@@1Scital1 it's not being selfish, but being smart
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
My job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
@@james.atkins88 I value your recommendations. It's challenging to locate a trustworthy person. I could really use your investment advisor after seeing how much money you've made through investing. If you don't mind revealing her information, that is.
*Mary Onita Wier* is my portfolio-coach, I found her on Bloomberg where she was featured, I googled her name on the internet. Fortunately I came across her website and reached out, You can also verify yourself.
This information is valuable. I quickly searched her full name and her website appeared instantly, showcasing her impressive qualifications. Thank you for sharing.
Same way I view the massive amount of courses being sold👌🏽
courses serves as a gateway especially to beginners; it’s not some key that just unlocks everything you need to know
@@kareemalmond correct. Depends on the course. You have some time wasting courses that will feed you googled bs with charisma. But it for sure is advantageous to learn the skill than to pay someone who is making guesses based on made up data. I trust me with my money more than that lol
Made up data meaning manipulated to be rigged in one’s favor. Meaning I could say Shaq was one of the best shooters of all time based on field goal percent. The shots shaq took ain’t the same as Steph. But I can make it appear that shaq was better in shooting.
I wonder if hedge funds mess with GameStop these days. We all know how that worked for them. They had to have the government jump in and help the hedge funds…
Tell us I don't know how to learn without telling us
Courses are fine, but you can get good courses for free. You don't need to pay hundreds of dollars for courses. Instead invest all that money you would have spent on a course, and learn online using youtube. I've probably spent 20 hours watching investment videos in 2 months, and I've invested 450 dollars. My account has only gone up.
@@LordPepe-jh5dt Heck, you can teach yourself for free. You don't need courses. Courses are only there to take your money and make the fake trader rich.
stocks will continue to rally, stocks are not the economy, I had 250k put aside waiting for the fed to stop raising rates. Now I want to get back into the markets, but the hike will continue and stocks are still climbing, I’m confused and happy to discuss.
The stock market will go down further and goodluck on the fed pausing rate hikes w/ all the hawkishness that has failed to keep up with inflation.
Fixed income and treasuries may work for you while you try to figure out the next entry point for stocks
It is always good to have a balanced fin-plan. I work with a professional planner and fixed-income strategist in NY. the fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
@@simone_maya Who are you working with please?
LOREN LENA WALKER, advanced lady in 60s or 70s and professional, reserach if you care for supervision.
"If I have a box that can generate all the possible money can exist in the world, I will sell that box for a limited amount of money" - said all the dude in signal group XD
Or anyone selling course on dropshipping and so on xD why would you multiply competition in a field that's profitable to you
Christ, the logic is lost on you huh? Who said anything about giving the box away? Why would someone suddenly not be able to day trade, just because they taught someone how to do it via monetary exchange? People like Trez here think single individuals can teach even a fraction of the actors required to cause even a slightly tangible upset in even the smallest of penny stocks.
Anyone with forward critical thinking would be aware that no matter how well they teach, the majority of people simply won’t pick it up, and the ones that stick around and fuck it up would just add to the potential volume that can be liquidated for someone like him to profit anyways.
And I have in fact met someone who’s profitable day trading, and yet sells courses for the typical $1,500 as a well as selling signals, but lets me do Zooms with him every morning for free. I’ve asked him about this. He’s obviously not filthy rich, and while trading is compounding sure, it takes time to build good portfolio. His reasoning is that if someone is lazy enough to just want signal, why not make money off it? And if he’s taking time out of his day to teach people exactly what to do, then he might as well bank the going rate for what people are willing to pay. It’s that simple, money is money. I see it differently personally, but you have to understand the logic
@@extremeencounter7458 ehhhh, I found one of those guy in the wild XD
This is why Market Auction Theory is so important
Can you explain what it is or any source for it
@Basil jacob you have internet right? That how most of us are learning or text books. Put in the work.. I am googling MAT now. He gave you the keys, time to drive.
@@rhinoskin7550 🔥
All I focus on and use on a day to day basis. The Marketplace is nothing more than a 2-way AUCTION process with buyers and sellers agreeing on price. Which by the way, price is nothing more than an advertising mechanism; as JDalton always says..
Don't even know what that is, and I average 20k a week on futures just analyzing the charts. I'm curious, though I'll go look ir up.
Indicators are like circumstantial evidence, helps to build confidence in a trade u already like
Exactly
it isnt evidence of anything... Either a hedge buys, or not. It isnt based of an indicator.
100% my guy. The vast majority of online retail traders don’t have the logic to understand why what they’re doing is moronic
Ok. So you're an institutional trader? I doubt a real trader from Morgan Stanley is on TH-cam making comments. You can just say" oh, that's a good point this guy just made". Instead of posing like you're NOT a retail trader, just trying to learn like everyone else
learned smc, now you think you are trading with institutional and other trader are retail.
while actually you are 1 of the retail traders, you are just using renamed theory that actually already exist since wyckoff, etc
I think people use these words differently. The narrative is if you are a trader who trades 100k-1m and you are consistently profitable you will no longer think of yourself as a retail trader. Because it is no longer about if you in fact work for a company but rather if you are pro trader with big trading balance etc. that COULD work for a company and „retail“ is just every other normie noob default standard average trader :)
Rsi and macd has mad me 60k so far this year.. but okay
If you have a correct strategy then yes well done, if you got lucky this time, you won't be successful in the future
@@Blast6926 you need to combine RSI with Price Action and Session Timing.
Realistically it’s just supply and demand. It’s so simple yet you have to have a DEEP understanding of it to actually be profitable
Facts then these fake gurus come and say they're giving it away for free haha
The market itself tells you when to get in and out. People just know what to look for. It literally tells you where it's going.
It does not "literally" tell you that. 😅
What do I look for? Any tips?
@@ericpowell4350He doesn’t know it as well.
He probably made 3 good trades with some cherry picking in his short backtest and thinks he’s going to be a millionaire.
Ngl, I was that when I just started out as well😂
That info was an eye opener....!!!!
Learn to trade. Buy only off support, set a stop and a sell, close your computer and go to work!!
Check on your position a few times during the day, if in profit raise your stop. Close position before the closing bell. Hold nothing overnight!!
Best comment here❤️
Everyone trade diffrently
Would never follow this strategy lmao
I’d never do this
You have a retail trader mindset. Institutions are buying BELOW support where all your stop losses are.
Nice to see Riyad has a plan after football.
I feel like trading has become this industry where everyone tries to say what’s right or wrong but at the end of the day even big institutions lose money so don’t get caught in analysis paralysis.
@@Commenter1337 yes I agree with you. What I was trying to say is that it’s one thing to say your strategy is “right” or “wrong” and another thing to say it’s “different.”
Several scrolls for one intelligent comment.
as long as you’re profitable who cares!
The RSI indicator does work. Not every time but it does work
If you look at the 1hr, 4hr and daily? Rsi is an amazing benefit. If you look at the 1,5,10,15,30 min charts? Good luck giving your money away.
Yes Rsi divergence at important levels along with volume confirmation on higher time frames does work
Hey Umar, I have been really appreciating your videos - I've noticed exactly this, it's easier money to sell the indicators than the trading.
I'm looking into the fundamentals of financial mathematics and starting with linear algebra so I can learn about eigenvectors so I can do the MIT Opencourse on Finance.
Thank you for your time you take making videos, and your honesty about the aspects of it. Keep up the good work!
Any tips for someone starting their journey?
That’s just painful truth right there.
This is the only true thing that I heard about stock market on the internet
I know people making more money than him with macd and some indicators
trust me none of us aren't the god of market we shouldn't talk about everything with this level of confidence.. he make good money with his sterategy good for him but he shouldn't talk about something he couldn't figure out
The fact people needed someone to tell them this just scares me deeply about the future of our species
Not everyone is deep into the stocks world. Don’t act like a know it all dude, u may not now a lot in my field for example. You scare me deeply about the future of our species talking so negitavely
@@TheShortsZonee why the fuck are you investing in the stock market when you don't know what you're doing? Wake up Jasine
@@TheShortsZonee it’s because people genuinely believe a chart pattern can predict the future of a randomized market. Don’t get into stocks if you’re gonna yolo your account
@@advikdeshmukh805 how much do you know about trading? Because it is not all that random at all. Otherwise, Price Action trading-you know, supply and demand?-would not work. Which is what he is saying by, "It depends on who is aggressive and who isn't" Don't talk on things you don't understand.
@@dniilii You don't know what you're talking about, you think that trades depend on a pattern in a graph or even the supposed self-fulfilling "supply and demand" you see in your patterns. I can tell you've made a lot of losses in your time because you obviously don't know how a stock is valued
It is about price action, supply and demand zones, and the rest.
Right!!!
The closest you’ll get to this is a volume indicator.
Volume is still incomplete because it doesn't account for options purchases
@@alexairplanner there is a lot more volume on futures contracts compared to options so it doesn’t really matter and a volume indicators should only be one of your confluences to your trading strategy
@@zachtaylor3070 Depends on what you trade
@@alexairplanner this is true .
However yes volume is top 3 when it comes down to individual investors indicators for a lack of better terms
Price action. All the indicators will just come to the same conclusion as the price action. No need to complicate it so much. Then you have the human which comprises 90% of the other aspect of the trade. Control the emotions and you have yourself a great trader.
i don't understand, where do i learn this price action. and is indicators just as good as price action
Doesnt work for me so far. Or I just suck at reading price action. But give this a thought, you change to different time fram and the chart doesnt look the same anymore
If an indicator makes u money and is proven to make good calls.... use it
None are
@@chrispuccio1255incorrect
@@TonyPajamas24 100% correct
@@drewcrank6929Wrong. Wolf Algo. I wish you could look into it, private hedge algo. Insane.
@@chrispuccio1255 incorrect
If you rely on indicators to buy or sell then you already missed your entry.
Having indicators and using technical analysis helps you make realtime decisions. Indicators can definitely help let you know when to get into and out of positions. That paired with price levels, understanding risk tolerance and having patience can be a recipe for success
Couple it with a strategy for the price of going up, down and sideways you’ll be good.
You just gave 1000 variables and called it recipe for success lmao
Thank you for not being manipulated by emotional traders like the one in this video some people can’t understand technical analysis and if it doesn’t work for them they shouldn’t think they have no control everything is pointless like give me a break what an emotional trader
Yes , more deep podcast neede and Market Auction theory .
The number of time i shouted "exactly!" while watching this lol... pure facts
There is people gain 10 percent per day with macd and some other andicators and multi time frame view..
@@goodnight75961 That's how i know you're a beginner trader. Gain some experience you'll realize it's next to impossible to get 10% per day everyday.
@@goodnight75961 especially not with lagging indicators
Indicator increases increases probability percentage
Thank u!!! Finally somebody that thinks like I do. Why would I sell what makes me money especially the amount of money u could make in the market. Ppl may say they are looking for multiple incomes by ad revenue and whatever but all u have to do is open multiple accounts and grow them to a size were simple trades bring 5 figure either weekly or daily.
Why would you need multiple accounts?
Gut feeling and risk management is the best strategy
after 2 years of looking for the holy grail of indicators i realized that it was the naked charts all along.
Person A buys x stock at x price price increase
Person b sells x stock at x price price decrease
Theres no way to tell when that is happening
I think how to use an indicator is the real key. You need to put a lot of screen time and have experience to trade and start making a living. I have been doing scalping in Index options from past 4 years. Certain indicators work better than other. Just need to backtest them. In very choppy markets harmonics give you good resulta
Can you give me some tips to start over? Like i want a mentor
@@yourcreed104ig jamar trades too
Which indicators works better in which timeframes bro tell us 😊
@@rajeevraut1647 You can try 200 MA on 1 min TF for entry exit and 200 MA using 5 min settings to identify trend direction.
Use normal support and resistances- Use 15 min,1hour and daily chart to mark those levels. Please read my reply to divyang. I have shared some of my experience over there.
Good luck
@@ashishtiwari1912 okay understood
It's amazing he is investor plus honest
It's about confluence and using multiple indicators: rsi, Macd, volume, stochastic, ma's. Then setting support and resistance levels and trendlines. Then determining market structure, scale in from weekly to 4hr to get structure info, then look to put an order in on 1h or 15m. Be patient. Use stop losses always, manage risk, don't take too many trades, don't rage trade, trade like a bot, no emotion.
Completely agree on people who sell indicators are scammers. if there was a profitable indicator, no one would sell it.
*Excellent !!! I really do have a question. For someone with less than $10,000 to trade, how would you recommend we enter into trading ? I am looking at studying some traders and copying their strategy rather than trading myself and losing money emotionally. I would greatly appreciate any suggestions.*
I'm a beginner where can someone reach Mr Morris.
Trading as a newbie is quite stressful and discouraging but I'll linking up to your coach. This is useful info❤
Wow!!! I'm not shocked that you just mentioned and recommend Mr Morris. I learn and earn through he's analysis. Which speaks volumes about him
Mr Morris understanding of market indicators is impressive. He knows exactly when to enter and exit trade for maximum profit. He's signals are top notch
This I also why these stock courses don’t teach crap 😂 it’s not real ladies and gentlemen, the real knowledge is not open to public, and no one’s sharing it out of the kindness of their hearts….furthermore if they had it they wouldn’t dare give it away or even sell it for that matter.
You sound like someone who isn't a profitable trader, but paying for a course is dumb all the info is out there for free.
Trading isn't complicated it's easy and straight forward controlling your emotions, being patient and following your strategy is the hard part
I literally got into stocks because of the auction market in 2K. I almost shit myself when I found it it’s pretty much the same silhouette except I just had to learn how to read the market.
Indicators show the past and what has already happened. So youre a step behind. Understanding price action and you dont need indicators. You could use them as extra confirmation
But even in price action, you are still looking at the past. There’s never an instance in trading where you are looking into in the future. Not even with price action.
Correct 😊
@@joker123344 well at least price action doesnt cloud our judgements in an instance and push us making rash trade which is risky. Perhaps, trade with fewer indicators might rectify this problem
@@boboiboy9350 disagree. 10 people reading price action won’t produce a 100% similar conclusion, just as 10 people using the same indicator will have different readings due to many factors (i.e parameter settings). But that said, anyone who uses a mixed system has a chance of clouding their judgement with one method or the other. Pointless argument really. Just doing what works for you is the game.
brooo... price action is showing the past. your supply and demand zone are based on past data. 😂
go home, you drunk
I get in when its low, i get out when its high. Your welcome.
What’s high enough and what’s short enough? From where do you get your point to measure on that ? Ok next
@@manueliguina2543 The Bible.
Buy on the dip sell on the rise
That's why my chart is almost naked without any indicators except for simple technical analysis. Trade with the trend.. and trends created by the big institutions.
If you know how to trade and use indicators they help you to trade a specific trade style. This dude so smart he doesn’t know what he doesn’t know. He just knows it all
A trader sees trading as risk/reward ratio. Hedge funds see products as risk , duration and sizing.
And?
@@thelowprofile9767 just that hedge funds require confluence in order to make an investment decision ; trader only requires r/r ratios.
@@MatrixCoder01 I would add confluence on top of risk and reward. That’ll increase a persons win rate for sure
Facts. If you figured out a way for growing money why would you sell it.
People just can’t resist easy/quick money 😂
Anyone can start a fund as long as you can convince investors to give you money. Easier said than done. The reason hedge funds make money is because they deal with large amounts of money and have fees associated with them holding your money. Whereas you and I might need a 12%-15% shift in stock price to make decent money, a fund only needs 1%-2% to make millions.
Indicators that use averages are fine to implement into your strategy because at the end of the day market makers are the ones create market volatility by checking the general "health" of the stock/index and will make it more lucrative for traders to trade.
Indicators only work if you create a strategy around em giving yoou have a winning edge. You dont really need to understand what truly happens. You just need an edge
The only real trader in comment section is you bro🙌
Facts
Were is the link to this whole interview ??
Bro is indirectly telling stock market is manipulated
All that matters is volume. Indicators can help form a longer time framed thesis but overall volume analysis is the only thing that really matters.
Bro said absolutely nothing.
You understood absolutely nothing
@@tchitambira6465 what did he say? Other than the market is an auction, which is finance 101? Don’t let this trading gurus sweet talk you.
Thanks for the video
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Technicals are Statistic based tools that use previous prices and fluctuations to indicate possible future movements. If I buy low on the RSI on the daily on an uptrend on a good company the odds are I'm making money. U use them with big money moves to gain a proper entry. Hedge funds use the indicator they created 😂😂😂
Big funds has insider news….
They got tons and tons of networks
🙂
When you know someone is a trader for real.
Tradezella all over his video description
Careful, you're gonna piss off majority of the traders these days 😂
Not really.
Especially the ones who sell indicators?
Majority of retail trades SMC
Absolutely right price action and risk management is everything for trade
Appreciate the honesty cuz these gurus be cap .
Technical analysis is kind of self-fulfilling prophecy. And that's why it works within certain limits for us small fishes.
liquidity is the key
Why
Story tellers
slow and steady wins the race
He still couldn’t explain why “big money” is buying or selling. But fair play for saying technical analysis is a load of BS.
You can’t say this as there are people who make money with the HELP of indicators, they should only be there to help confirm what you are seeing not to completely rely on
You hearing what you wanna hear. He’s talking about if it told you when to buy and when yo sell specifically
@@drewcrank6929 there are indicators that tell you when to buy and sell though… carry on drinking other people cool aid see where that get you 🤷♂️
@@drewcrank6929 and if you listen you will hear he talks about macd and rsi I know people personally that use them and are profitable.
@@terrimateus6076 they use them as confirmation of price action. And yes there are ones that tell you when to buy and sell…that’s after price action confirmed to already be in the trade
@@drewcrank6929 that whole reply is mute, like I said in my initial comment it’s used as help, you can’t rely on price action alone
One thing you will never find as far information is, every session tells apart of the never ending story if you can get on the same page as the story you will become profitable……3300 to 12k today I’m feeling good I’ll give one more clue, yesterday and past session will leave so much information, price moves zone to zone, just follow the session to follow the story….
After 4 yrs of trading, I erased the clutter from my trading and started doing just this for about 5 weeks now and have never felt better about my trading win or lose. I literally wait for a part of the "story" that I understand and trade along with it. Thanks for sharing 👊🏾
CTS, DTCC?
I have seen many traders making money with indicators too, for example, Takashi Kotegawa (BNF) uses 25 MA and Macd for entries, he's worth more than 100 million dollars, CIS, he's a close friend of BNF who uses 5 and 25 MA with other indicators to trade, his biggest trade made him $33 million. Paul Tudor Jones used 200 MA too to predict Black Monday.
Real advice I focus only on charts ..no outside noise when I'm going to trade in market..❤
Volume is the best indicator
Realtime Volume at Key levels is 🔥
Hedge funds loose money too
He is talking about God Hedge funds when they sell u can't buy the quantity when they buy u would not have enough shares to sell hedge fund with Billion trillion dollars
Literally buy after 80-90% crashes, sell in euphoria…
No lol 😂my indicator gives me an accurate signal on selling n buying, entry point included 😅I made 80k last week zar sA rands n this week I was impatient 😢lost 30k so far, i only trade us30. I'd sell my indicator only to get more capital+ also to help others become successful ❤
Indicators works if you back test them enough you understand how to use them
How many years you spent back testing indicators? And how many indicators.?
@@amorfati4096 alot indicators are ok if you use market structure to identify a entry then use indicators as an entry exit but u dont need them and if you dont understand market structure your screwed...
That’s hilarious that he doesn’t know they use indicators
😂😂😂😂😂
Fax😂
Institutional Market Order Flow + Time and Price Theory + Money Management Knowledge = Holy Grail 🙌
I would say big financial institutions don’t need to use technical analysis because with the amount of money they have they are the reason technical indicators are a thing because retail investors use them for indication on the in and out flow of the big institutions…it’s like in crypto when there’s a whale who can literally buy into a stock raise the price make a profit then cash out and leave those who were not knowledgeable enough to notice bullish or bearish traps
the only indictor one needs is the fear index
making money off fear is the easiest.
Do you wait for a reversal or do you ride the current trend? Very interested in this.
@@BBFletcher4202 only use that index for long term investing and don’t expect to be in positive pnl for a while
You talking about like the same fear greed one on that cnn site ? Cause that was actually pretty fire in 2022
@RADICAL Thanks for replying. That actually makes a lot of sense. I’ve been trading VIX options for awhile but it’s not a good long term strategy. I’m gonna give this a go. 🙌🏾
your right, i am never selling my indicator. i just wish i was brave enough to do the all in and all out thing.
Do the 1% in and 3x out.
@@scottstempmail9045 i find that my indicators of when to get in are not the same as my indicators on when to get out but they are reliable.
@@danielmcmindes5112 you have your own indicator?
What’s an indicator
He's right in the sense that technical analysis is just observing when big institutions are buying and selling. Most people should just hold stocks and wait the 30 years to get rich.
LOL This is exactly what I tried to explain to a friend getting into the market.
He ended up exaggerating that I was “counter trading” him because he checked rsi and macd so my solution was, let them be lost 😂😂
Keep in mind that some people don't know any better. I didn't know any better. When you're first learning, indicators are some of the first things you're taught. I don't think it's a bad thing to pair an indicator with price action to help you learn price action enough to the point that you don't need indicators
As an intraday scalper that only focuses in London market hours, a good combinations of indicators helped me alot in making decisions faster. But again, if you just follow signals on indicators without actually understand what they are indicating, ya.. thats very risky.
Yesssss, this is why I trade Smc, I don‘t understand how people rely on stupid indicators that even are wrong in most of the situations. Sma and Fibonacci are probably the only good ones.
that is why i can't get myself to pay for any course even though i want to learn more
Facts.
Makes complete sense
What's his point, btw?
@@SamuelTttghk.. of you don’t understand this then you don’t know anything about trading. start from the basics.
@Nomar I didn't say I'm better than you. What's your problem? All I asked is what his point was. If you don't understand what it means, don't bother beating around the bush.
@@SamuelTttghk.. basically bro, don’t rely on indicators. The billion dollar hedge funds aren’t using indicators to make billions of dollars. You feel? They control where the money goes and what goes up and comes down.
@@b__w_4565 so how can many pro people make it large amount of ROE? I heard rich people are the reasons for some unconditional crash and rise up.
Dude just earned my sub
i did find an indicator that’s really really accurate. the only issue is idc how to code. you need to buy as soon as price crosses the indicator
Correct
😂😂😂😂 On Point!!!!
I wnt to be like this guy!!! I m 22 and just started trading options ...! I hope I'll be good ..and learn n earn enough by 25
This is exactly right. Nobody knows, and if they do, they sure aren’t gonna tell you.
Just because it doesn’t work for you, it doesn’t mean that it doesn’t work for all.
This guy perfectly sums up today’s generation Talking but saying a whole lot of nothing at it’s finest
Actually he 100% correct
Stoch RSI + RSI + CCI when all three agree it generally means that the stock is over sold or overbought. I don’t always use it but when I do it tends to work out.
Insicators indicate also when big money enter the market and sell off . Indicator work in every field
Price action is the only thing you need
Omg...
Sherlock...
@@pixelx9165 you’ll be surprised on how desperate people get when their strategy goes against them and they start adding whatever indicator that looks “appealing”