STAN WEINSTEIN - SECRETS FOR PROFITING IN BULL AND BEAR MARKETS - Professional Investor.
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- เผยแพร่เมื่อ 15 ก.พ. 2020
- STAN WEINSTEIN - SECRETS FOR PROFITING IN BULL AND BEAR MARKETS
Stan Weinstein teaches the cyclical stage analysis theory to determine the best time to buy and sell stocks. Using trend lines with breakout trading from consolidation periods. He also discusses the Mansfield Relative Strength indicator which he uses to spot stocks which often make huge gains.
Stan Weinstein is a legend in the stock trading world and many other professional traders have used his methodology to form the foundation of their own trading strategies.
Stan was also the author of The Professional Tape Reader where he became well know from predicting stock market crashes.
Technical analysis of stocks is a subject that has been debated for many years Stan Weinstein does a great job of summarising the most important aspects.
Trading Psychology is one of the most important factors in becoming a successful stock trader, if you can enter the markets without emotion, you are more likely to remain a disciplined trader, and therefore become a successful trader.
One of the primary aspects is that of embracing risk and understanding probabilities. If you fully understand trading probabilities you can fully embrace risk.
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As a professional trader I have consumed hundreds of financial books and endured countless hours of self education. My hope is that this channel will reduce the learning curve duration of many aspiring traders by providing the key information in a concise and enjoyable manner.
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Investors have just turned back the clock on the Fed’s tightening campaign and cast aside the Fed fears that ruled them for 15 months. It just gets very daunting to me when I’m sitting there looking at charts and trying to determine if i’m right or wrong! I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any suggestions.
Firstly, You could lose it all and you could win it all. It goes both ways. Second, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
@@Curbalnk Facts!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.
@@Shultz4334 That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the Adviser you're using
I have *Heather Ann Christensen* as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so. She's a Google-able person.
@@Shultz4334 Thanks for the info, i found her website and sent a message hopefully she replies soon.
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.
@@sherryie2 That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.
@@kurttSchuster Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.
@@tonicruger credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up
@@kurttSchuster I looked up NICOLE online using her fullname and researched her accreditation. She seem very proficient, I wrote her detailing my Financial market current position, goals and scheduled an appointment. Thanks
Stock Market Gems brought me here. Drink Fiji, everyone
that’s bae lol
I read Stan's book decades ago, and also saw his guest appearances on Wall Street Week. The strategy provided in the book is well thought out and non-emotional which is exactly what the average investor needs to follow. This video of the book is superb in every respect. Bravo! I've been investing for over 60 years and read over 300 investing books. This is one of the best.
Hi Les, thanks for your feedback. I agree Stan's book is one of the best around.👍
Chris Johnson anyone?
Colonel_ Kernal yes sir.
Yep!
You know it!
Indeed!
📊💸
It is a very good book. Sadly it was the last book I read after spending a lot of money on other "popular" stock market books. This is truly the only book you will ever need.
I tend to agree Sudeep, its an excellent book.
Agree!....
@@sebinignatious4645 I got it from Amazon 2 years back
@@kangsaab8323 NO
@@kangsaab8323 No, This is main for long term trades, but you can use it in short and medium term trades as well. It works very well there also. But for Intra day it will work but because of the noise the results won't be that good.
4:00 Stages 1-4
7:10 The investor's way and the trader's way
9:20 Triple confirmation pattern
10:30 TSLA example
13:30 Must own book!
Exceptionally brilliant book. Stan gives so many examples to illustrate his points. He seems to be a very private person. Not many pictures or interviews of him around.
Very true..
I have Stan's book, and have not read it all the way through, but you inspired me to jump back in and read it in entirety because you presented his simplicity and it is so beautiful!
Thanks 👍 👍
I truly hope that you profit greatly from any of these methods you summarize. You put amazing simplicity in to your videos. Awesome work!
I appreciate that! 🙏
I read it when I was 19 years old in the late 1980s. His simple wisdom has kept me out of trouble.
Nice video here, The trading market is constantly evolving with new features, trading opportunities, financial swings with sudden surprises around every corner. The best thing is to stay in shape and don’t let anything catch you on the wrong foot.
Investing with an expert is a very good plan for a structured investment portfolio. That's why i have been conducting my trades with Consultant Rodriguez I've learnt to be patient with stocks since most traders tend to get into a stock and get out at a quick 10%, 20% profit. But they miss out the big gains because it trades at a P/E ratio of 40-50.
@Davis Smith I can’t drop his contact info in a public space like TH-cam but you can reach him on Telegram.
@ Consultant Rodriguez
I feel so happy with the wonderful work well done. I invested $10k and received a payment of $27k in 2wks
Recently I got into the financial markets, and I’ve taken a deep dive into investing, particularly a diverse asset growth investment as it interests me. Tried several methods and figured out the best approach to building my portfolio from stocks, ETFs and bonds, made over a $400k in profits So far, I’m making progress with the help of my investment advisor/manager. Back to the video, wonderful job there, always look forward to your content.
Trading in stock market is similar to killing a golden goose. Stocks, like the golden goose, are great cash flow generating assets. Once invested, stocks provides lifetime cash flow in the form of dividends, you just have to know what stocks to pick
how do you handle the diversity? do you make your trades yourself?
Good to see more getting a hang of the market. Tutorial videos only get you so far. That one on one assistance from an investment manager is unmatched.
Impressive
@@carlfenechjr5017 I do not...I have a investment advisor/full service broker at the helm of affairs of my trades, it's convenient for me that way, and i cut down on risk a whole lot more
Magic, absolute magic. Thank you 🙏🏾
Thanks Silver🙏
I agree with you, Stan Weinstein's book is a keeper. Even the trading psychology of human nature is manifested in trend analysis.
Thanks Mike
OMG! What a well made video. I can only imagine the effort you must have put to a) summarize the book to fit into a short video & b) to create such a slick video out of the summary
Such videos deserve more than 1 million views. But alas! videos with titles like "how to make USD 1 mn in a year" get more clicks than videos like this one. This shows that people always look for shortcuts to make money in markets and thats why they end up not making any money. In reality, through methods shown by Weinstein, Minervini, O'Neil or Stine, it's definitely possible to make 1 million over a period of time
Keep up the good work
Thanks Nishit!
You have a great skill of book summerising,you are helping million of trader to become a profitable trader,thanks for such a great video.
I appreciate that!🙏
This breakdown is gold! Much appreciated 👍🏾
Glad you enjoyed it!
Stock market gems 💯
Stan is the man!
This whole playlist is truly amazing ❤️❤️ there's so much to learn 👍🏻 grateful ❤️ love from India 😊
this is the best trading book ever!
Great channel! I think whiteboard animation videos are great for educational stuff 👍
I agree, keep it up... I'm still chasing the elusive 1k at the moment :-)
Great video! Your presentation style, visuals, and concise delivery are gold. Thank you.
Wow, thank you!🙏
Thank you so much for introducing this book.
God bless you🙏
Same to you!🙏
Hi Gareth
, Another excellent video. I am really appreciating how with your growing number of compilations I can add good practices to my own evolving (still embryonic though) investing practices.
Many thanks.
Howard
Hi Howard thanks for your continued support and feedback👍
In my Idea, this video is the best. Of course my favorite trade legend is Stan Weinstein too.
Yep, he's up there. Thanks
Interesting how disciplined he is. Also has a lot of similarities with Wyckoff theory. Appreciate the way you put these short summaries together and has certainly identified processes that I had not considered..or knew about!! Excellent series. Thank you.
Thank you for your kind words Bob, much appreciated.
I agree, it is interesting how many of the well know traders/investors are closely aligned in one way or another. I'm actually looking at reviewing the Wycoff theory soon.
Excellent video of Stan's method. I read this book back in the 1990's and it has been my trading method since. I combine it with looking for 1-2-3 tops / bottoms and just wait for the turns. Thanks for the vid.
Glad it was helpful!
Thanks Financial Wisdom for a very clear and concise explanations complemented by an appropriate visual and graphic presentations.
Glad it was helpful!
Good thing that you applied the theory to recent developments on some stocks. Good video. Thanks
Glad you enjoyed it!
Thanks for explaining this. I am not an avid reader so things like this help me learn more about the stock market faster.
Glad it was helpful!
Thank you for this good, helpful summary of Stan Weinsteins book and method!
You're very welcome!
Well shoot!! I gotta throw this book on my list of books to read!! I’m so pumped to keep reading books on investing🙌🏼 great video.
Thanks Logan!!
Truly appreciate the efforts put in by you and your team! Excellent summary of key points. I have been meaning to read this book since a long time but now after watching this video, I am going to start reading this book right away!
Glad it was helpful!
Great videos , keep up the good job and very grateful to you to making these, really helpful...Thanks🙏 keep them coming
Thanks, will do!🙏
just another great video. Thank you
Thanks again!
There is Beauty in Simplicity.. thanks 👍
My pleasure 😊
i read the book and watch this video at least once a year. love it!
🙏
Very useful break down. My clients and myself have gained a lot from this book.
Great to hear!
Great instructional video. Thank you so much.
You are welcome!
Financial Wisdom this is my Favourite video of your channel so far. 😊 And I rechecked the book today. 30 week MA refers to 150 Day Weighted Moving Average (not Simple MA) and not 200 Day. I have also tested it, it works very well for US and Indian stock market and Forex as well. Try it out!
Thanks for the feedback Sudeep👍
I used to put 30 period not knowing 30weeks is actually(150 days)😅
Not exactly but it's close.
And SyP500 futures ?
sorry if its dumb question.Should i select weekly time frame for this to work correctly? also how many months or years timeframe i should watch against 150 WMA to clearly see the pattern?
ty for the videos
GREAT EXPLINATION
THANKS
You are welcome!
thank you so much
Welcome 😊
I use this method and it hasn't let me down yet. A lot of waiting but it pays off every time.
Patience is key...
This man's videos are gold nuggets. Love them. I'm subscribing!
Welcome aboard!
@@FinancialWisdom Thank you. The 3rd point you made here, you said the price must be above the 30 "day" moving average. Did you mean 30 week moving average? Or no? Just wondering, because the chart says 30 week moving average. Thanks again for the great work. I can't imagine the amount of research that went into these videos.
Awesome explanation..👌
One of my favorite books. An excellent video. Kudos and love the way it's been presented. Thanks for these videos.
One small correction though when discussing the stock which fell from stage 3, you've mentioned a 200% decline. Stocks can only fall 100%. The decline from 120 to 40 is a 66% decline.
Thanks Abhinav... well spotted absolutely right. I'm so used to calculating it from a percentage against stop loss, which is how I suggested this. 👍
What else are your favorite trading books ?
Thanks Gareth. Another 5 star video. Although I try not to place too much emphasis on charts, it's always unwise to ignore them and this video summed up the key points. May I add Jesse Livermore and Martin Zweig to possible book reviews. Steris looks interesting.
Thanks William.
Tremendous efforts by you for bringing this video. Kudos. And yes the ultimate thanks to author for spreading wonderful knowledge to the entire world.
It's my pleasure
Great summary!
Thanks Habib!
Thanks for your brief . Easy to understand and remember
Thanks for watching
Excelente vídeo, la explicación es sencilla y fácil de entender.
Lo que no vi es donde colocar el stop loss_
Hola, gracias por los comentarios. Tienes razón y no hay mucho sobre esto en el libro. Algunos de los otros videos dan más atención. Thansk Gareth
Thanks brother for saving our time n ur great review n summary
Thanks Sudip, my pleasure 👍
Great video. Thanks a lot.
You are welcome!
Excellent video! Your channel is so underrated. Looking forward to the next one. Any trading psychology on the list yet?
Thanks Wolf - I will be sure to include one soon.....
Excellent thanks for explaining
You are welcome!
One of the best video on weinstein's book
Thanks🙏
Thanks for the video FW. It is most likely Wyckhoff method. The only missing thing for my side is this system is not so much rule based. But for sure at their years it could work.
Great work and theory!
Thanks Steven...
Thanks!
Welcome!
Hello, what is the formula of the Mansfield relative strength indicator.
I've learn big to this video 🙏
Great, glad it helped Theee...👍
Super job sir.. Keep it up
So nice of you🙏
this video deserves 1B views
thanks Weby🙏
As a stan follower - this was an extremely well made video. CHEERS!
Thanks Jersoner
I really appreciate the effort and time you summarise these books and they've been very helpful assisting my selection choices for book to read. Thank you!
Thanks VN, Much appreciated 🙏👍
Bravo ! la vidéo est bien faite. Nous avons l'essentiel mais comme toute formule qui semble simple le plus dur est de mettre tout cela en application cela tient de l'art de la discipline et de l'expérience et probablement plus encore.
Thanks... I think.....👍
Thank you so much just subbbed!
Thank you too!🙏
What a valueable video,Mark minervini,Bill O'neil and Stan They all use similar strategy,Stan help us to looks in the big picture before we take the trade,his book in my list.Thank U
Glad you enjoyed it🙏
BEST BOOK I EVER READ
Another Great video, good job and very grateful to you. Thanks you
Thank you too
Thanks for this great video :)
My pleasure!
Amazing video 👌
Thankyou dileep!
Any thoughts on my videos would be much appreciated!..
I read his book once a year and you did an awesome job explaining Stan's strategy process. Thank you for your hard effort with putting this together for us, sir.
@@sayed_r Hi Sayed, thankyou for making the effort to reply and your kind words. Much appreciated...
I don’t understand what a 30 week moving average is? I’m used to days 20,50,200, etc... Thanks in advance.
@Glenn Collins That's great to hear thanks Glenn. Yes the subject(s) can be quite broad and complex - My hope is these videos give a foundation for further research with key aspects covered from some of the key books available, hopefully over time the growing library will be a useful resource.
@@Torack 30 Week movie average is the same as the 30 day.. Just switch your chart to week view and your 30 day moving average now becomes your 30 week moving average.
Love your videos!!!
Thank you!!
I realised you have great videos. Consider doing a podcast, Thats be great!
Maybe one day!
I will be reading this book this month! 👍🏻
Hope you enjoy it!
Another great video!!!
Glad you enjoyed it!
Best stock trading book. Your video brief us the first few chapters of the book. This video is great. Would you have another video for other chapters of this book?
Thanks Fu Keung - Sure I could make a part two at some point in the future - I agree Stan's book is up there with the best..
Easy to read and with exercise to check your understanding.
The only ones i need is the v and inverted v but this is a good video on consolidation.
This is amazing data. Good luck finding the Mansfield RSI in TD Ameritrade's TOS.
Thanks Donnie👍
Can anyone recommend an online brokerage that offers the Mansfield RSI indicator that is already set up on their platform. Thank you
Damn right, this book is the only book you will ever need
It is the foundation of most solid strategies👍
It'd a good one for long term
Thanks
No problem
Great summary thanks
Glad it was helpful!
11:40 Unfortunate timing to give a stock name as an example. It felt 37% down just in the following 6 weeks, and it took about 7 months to recover to the initial price. Anyway, it is good to see an up-to-date example of an old strategy.
But a great example of using a stop loss, usually approx 10% and then await a reentry.
Excellent analysis.
Thanks Nicole🙏
AWESOME VIDEO
Thanks Pankaj🙏
it is a great book for long-term investor, not for day traders.
Absolutely
Very very nice video sir 👌
Keep watching
Thanks. Very clear as usual. Do you think that -- with the advances in the speed of trading -- the 30 Wk EMA might be replaced by a shorter line, such as the 2O Day EMA??
great video, great book! Thank you for all of your contributions, your delivery is one of the best on the web for teaching and summarizing these books. Just a note - you said "30 day MA " but Stan's graphic/rule is using the 30 WEEK MA, just a note. Thanks!
Glad you enjoy it! and thanks for noting that🙏
Great video..💯😍
Thank you 🤗
excellent summary, thanks a lot , greetings from >Chile 👋👋👋👋👋👋👌👌
Glad you enjoyed it!
FTCH, UMC, and BILI are a few of the recent trades I've bought using the strategy contained in this book, one of the best trading books I've read.
Great, I agree.
Good explanation
Thanks Abhijeet👍
excellent
Thanks👍