The Powerplay Trading Setup | Interview with Pro Trader Mark Ritchie II

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  • เผยแพร่เมื่อ 11 ม.ค. 2025

ความคิดเห็น • 112

  • @RichardMoglen
    @RichardMoglen  2 ปีที่แล้ว +15

    Timestamps
    0:00 Intro
    0:47 Mark's Background
    3:25 Love for competitive games
    6:25 Beginner trading mistakes
    8:35 Style Drift
    10:35 Staying Disciplined with a Strategy
    13:15 Having a consistent process
    16:20 How to analyze market conditions and find setups
    20:00 Mark's Daily Routine
    25:00 When do you buy a stock?
    26:49 Mark's Trading Style
    28:20 Selling into strength to finance a longer trade
    30:30 Situational Awareness
    32:44 Buying Breakouts versus Pullbacks
    35:30 Charting: Powerplay Setup
    39:00 Shakeout within the setup
    41:30 X US Steel Losing example
    43:20 VYGR Example of a powerplay that wasn't tight enough
    44:30 TH example
    45:40 UUUU Example
    46:40 Constructive Price and volume action
    47:40 Shakeouts, Driver behind a HTF, Neglect phase before the setup
    55:20 Overhead Supply
    55:30 Buy point and stop loss placement
    56:30 LUNA Crypto HTF
    1:00:14 DOT Crypto HTF
    1:01:28 Selling into Strength
    1:03:44 Length of the HTF base
    1:05:58 Current Market Conditions, what would mark need to see to get aggressive
    1:07:55 Conditions can change quickly
    1:09:00 Ignore old leaders
    1:09:40 Stocks point you to the leading groups
    1:10:20 Does Mark consider Macro conditions?
    1:13:10 How to do Post Analysis
    1:17:00 Advice for traders

  • @mahanteshharihar8182
    @mahanteshharihar8182 2 ปีที่แล้ว +38

    Such a power packed interview that one can't afford to miss for a second what Mark is telling. This was possible because of your high quality questions. Thanks for the interview.

  • @MikeLocke
    @MikeLocke ปีที่แล้ว +3

    Probably heard this a lot, but you have a gift for interviewing people. Great listener, great questions.

  • @RichardMoglen
    @RichardMoglen  2 ปีที่แล้ว +10

    Going over charts at 35:00 was fantastic, highly recommend watching.

  • @swingtradingscience
    @swingtradingscience 2 ปีที่แล้ว +9

    I learn so much from every interview!!! Keep these up Richard! Just finished momentum masters and have really grown to appreciate Mark's strategy.

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว +1

      Great to hear! Thanks Robert

  • @AdityaDas720
    @AdityaDas720 2 ปีที่แล้ว +4

    Trading or Speculation is a Reflection of your Personality...... I loved this Line.

  • @thomascooktv
    @thomascooktv 2 ปีที่แล้ว +4

    One of the best interviews yet imo. Great work Richard, and thanks for the insight Mark.

  • @Shubharwal
    @Shubharwal ปีที่แล้ว

    This is exactly the kind of explanation i was looking for on HTF/Power Play setups. Turns out I have actually been doing what Mark has explained here. Thanks a lot Richard for bringing us this wonderful interview. HTFs and VCPs are the only 2 setups I trade and this information just boosts my morale to keep it going!

  • @jamsheedmehta1657
    @jamsheedmehta1657 หลายเดือนก่อน

    super interview - both interviewer and interviewee were outstanding - great knowledge shared. thanks.

  • @bmcg4029
    @bmcg4029 2 ปีที่แล้ว +1

    Thanks Mark and Richard. It doesn't grow the account, but it is reassuring to hear more experienced traders voice out how tough the markets are these days. Good interview, as usual. (ForwardtoInfinity).

  • @ajayp3620
    @ajayp3620 2 ปีที่แล้ว +1

    1:00:00 walkthroughs are always cool to watch..
    this is really educative..thanks Richard..

  • @juliofurtado5642
    @juliofurtado5642 2 ปีที่แล้ว +3

    Awesome work Richard, thanks for bringing world class traders to the channel

  • @ClubdelTrader
    @ClubdelTrader 2 ปีที่แล้ว +1

    A lot of golden nuggets here. Keep up the work Richard!!!

  • @BingoPooh
    @BingoPooh 2 ปีที่แล้ว +2

    Great interview! You have the best interviews! I really enjoy learning from them! Great questions! Thank you!

  • @arunricky
    @arunricky 2 ปีที่แล้ว +2

    Great video again. Thanks Richard and Mark.

  • @hatsigeo1283
    @hatsigeo1283 2 ปีที่แล้ว +1

    No disrespect to the previous guests because you have had some super pros on your channel Richard but this Ritchie guy is a really good interview. Thank you.

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว +1

      Thanks JH, yep always great talking with Mark

  • @JamshedWadia
    @JamshedWadia หลายเดือนก่อน

    This video is Gold for anyone interested in HTF or powerplays.

  • @od1nh1ll
    @od1nh1ll 2 ปีที่แล้ว +4

    Mark is one of my favorites, really able to articulate his strategies
    Also has a nice down to earth vibe doesn't feel the need to cringe flex

  • @leihe5215
    @leihe5215 2 ปีที่แล้ว +6

    Very excellent interview, interviewer and interviewee! Thank you Richard and Mark. A little suggestion may I , for the real example in the interview for the entry point, if you could ask them how did they exit the trade, that would be great, I am so interested and curious about it!

  • @andrewplante7232
    @andrewplante7232 2 ปีที่แล้ว +1

    Great video again Richard! I was looking forward to this video and it is fantastic as expected. Thank you!

  • @tedpappas1559
    @tedpappas1559 2 ปีที่แล้ว +2

    Another great interview with Mark, thanks again gents for all the hard work you put in and for the education, very much appreciated 👍

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว

      Glad you enjoyed it! Thanks Ted

  • @thapa81
    @thapa81 2 ปีที่แล้ว +1

    Great interview. Thank you, Richard and Mark.

  • @Steveocork
    @Steveocork 2 ปีที่แล้ว +1

    another gem , thanks Richard & Mark

  • @rit20095
    @rit20095 5 หลายเดือนก่อน

    Great interview...very much insightful ...so much to learn

  • @klazarov
    @klazarov 2 ปีที่แล้ว

    Thank you for doing this kind of interviews Ricard!

  • @TO9729
    @TO9729 2 ปีที่แล้ว +1

    Thanks Richard, excellent set of questions.

  • @figgy163
    @figgy163 2 ปีที่แล้ว +1

    Excellent interview, great content as always. Thanks to both 👍

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว

      Glad you enjoyed it! Thank you Tony take care

  • @helipilot7762
    @helipilot7762 2 ปีที่แล้ว

    Outstanding! Minervini protege!

  • @qtraderz
    @qtraderz หลายเดือนก่อน

    56:30 - importance of stringently sticking to the rules. This was days before LUNA collapsed.

  • @jaysteve4442
    @jaysteve4442 2 ปีที่แล้ว +1

    Really good interview. Great info. Thanks to the both of you guys 🙏🏽🙏🏽

  • @Swishormiss
    @Swishormiss 2 ปีที่แล้ว +1

    Another great interview. Thanks Richard

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว

      Glad you enjoyed it! Thanks Jason

  • @julesboss79
    @julesboss79 2 ปีที่แล้ว

    Great video again Richard thanks so much for the hard work its gold content for me. I have a question if anyone could help me (I am kind of new to this), at 28:44 when he talks about sell out a piece at multiple of his risk from 2 to 5 to 1? He is just referring to his ratio right ? (example he has an SL at 5% he will take a portion of profit at 10% 25 % and 5%? I dont really get the "1" coming after 2 and 5)

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว +1

      Yep! 3-1 Means a 3X multiple on his risk

    • @julesboss79
      @julesboss79 2 ปีที่แล้ว

      @@RichardMoglen Ok make sense, thanks Richard !!

  • @chandraprakashtomar
    @chandraprakashtomar 2 ปีที่แล้ว +2

    The Example Given of HLG Is really Great.

  • @lifelessplum
    @lifelessplum 2 ปีที่แล้ว

    As usual another great interview!

  • @someday001
    @someday001 2 ปีที่แล้ว +1

    Great interview👍🏻 Very informative.

  • @kjgetsbetter525
    @kjgetsbetter525 2 ปีที่แล้ว +5

    Very similar to Qullamaggies style of setups. Highly recommend checking out his stuff too if you’re interested in these type of trades

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว +2

      Yep he is another fantastic momentum trader

    • @kjgetsbetter525
      @kjgetsbetter525 2 ปีที่แล้ว +1

      @@RichardMoglen Any plans for a potential interview with him??

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว +4

      @@kjgetsbetter525 I’d be happy to, he’s got an open invitation

  • @sandcena
    @sandcena 4 หลายเดือนก่อน

    Trading should be simple and disciplined , I loved this

  • @KINGFLX
    @KINGFLX 2 ปีที่แล้ว +1

    Amazing wonderful insights so helpful to match up some of my own thoughts to those discussed 💯/💯

  • @cliffordt1224
    @cliffordt1224 2 ปีที่แล้ว +1

    Nice interview. I don't understand rebranding the high tight flag.. but interesting.

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว +1

      I wouldn't put much thought into it, people have many different names for the same setups

  • @Ezdeharmediaa
    @Ezdeharmediaa 8 หลายเดือนก่อน

    How should we ignore the market when one of the required ctiteria is rs

  • @sansarsingh2716
    @sansarsingh2716 3 หลายเดือนก่อน

    What is the moving average value pl

  • @rocketPower047
    @rocketPower047 2 ปีที่แล้ว

    The best HTF I ever bought was Tesla 2013, which occurred right after a massive saucer breakout. Wish I caught saucer BO

  • @teslamr7333
    @teslamr7333 2 ปีที่แล้ว

    CUTR looks like SUFB, The previous base looks very similar how it doubled and then fizzled out. I think it’s better when you have a stock that doubles after it comes out of a base. The spreads on this stock are also so wide, I don’t know how someone can put any size on a thin stock like this.
    If anyone wants to study a power play go look at PRTS which broke out on 07/08/20.

  • @tomlaws5605
    @tomlaws5605 5 หลายเดือนก่อน

    I see someone commenting on the lighting, which I think is nonsense. As long as the microphone is close enough to the speaker I'm happy. Interviews like this are mostly just listens to rather than watched.

  • @seek3n
    @seek3n 2 ปีที่แล้ว

    primary watchlist 15-100 stocks?

  • @swiss-man7733
    @swiss-man7733 2 ปีที่แล้ว

    Great interview, do you know the name of the broker he trade cryptos? Thx

  • @ketan3233
    @ketan3233 2 ปีที่แล้ว +1

    wich trader you follows personaly ?

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว

      A mixture of many different ones

  • @mrnewton3674
    @mrnewton3674 2 หลายเดือนก่อน

    You will never go broke taking profits.

  • @kayz1553
    @kayz1553 8 หลายเดือนก่อน +1

    55.50
    Crucial

  • @paulader9007
    @paulader9007 2 ปีที่แล้ว

    Love listening to traders that don’t know or care anything about the fundamentals of what they are trading. Good thing he got out of terra Luna and didn’t get into voyager

  • @zhaoliu7166
    @zhaoliu7166 2 ปีที่แล้ว

    非常感谢!

  • @sherlock4791
    @sherlock4791 2 ปีที่แล้ว

    Im always get traderlion and richard moglen podcast mixed up
    I really thought ive alr watched this

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว

      I also interviewed mark for the traderlion channel but we covered different topics

  • @movableimages
    @movableimages 2 ปีที่แล้ว +1

    all meat no fluff!

  • @Nickcollison
    @Nickcollison 2 ปีที่แล้ว +6

    A suggestion. It's great that you have a great camera and microphone but, you could make the interviews even better quality, if you spent some time getting your guests to position their camera better, and also not have light behind them but in front, so that their picture is better quality. Sorry Richard, they are the star of the interview and should look better than you !

    • @keshevdugar
      @keshevdugar 3 หลายเดือนก่อน +1

      Just fuckin listen to what he says rather than commenting bs

    • @DjArie09
      @DjArie09 3 หลายเดือนก่อน

      I don't mind lighting on speaker but I hope this guy get them to spend more time on charts.

  • @abhiseeker1579
    @abhiseeker1579 5 หลายเดือนก่อน

  • @mahditrader2485
    @mahditrader2485 2 ปีที่แล้ว

    ❤👏👏👏👏👏🤑🤑🤑🤑🤑🤑

  • @kingjimmy442
    @kingjimmy442 9 หลายเดือนก่อน

    He might be good…But his Uncles are Last of Legends.

    • @MortounaAlakazam
      @MortounaAlakazam หลายเดือนก่อน

      Who are his uncles

    • @kingjimmy442
      @kingjimmy442 หลายเดือนก่อน

      @ The great Mark Minerveni and his friends

    • @MortounaAlakazam
      @MortounaAlakazam หลายเดือนก่อน

      @kingjimmy442 I know about minervini but who are the others

    • @kingjimmy442
      @kingjimmy442 หลายเดือนก่อน

      @ David

    • @kingjimmy442
      @kingjimmy442 หลายเดือนก่อน

      Mark Ritchei 1 …The father of Mark ritchei 2

  • @Andrew-dj1wd
    @Andrew-dj1wd 2 ปีที่แล้ว +1

    No such thing as "Weak Hands". That comment comes from Pumpers or Experienced Traders.
    There have been new traders in the last 2 years learning and making mistakes and successes who may at times have to Sell to protect their small cash flow and less experience.
    The lesson should be why do these so called "weak Hands" sell and why they should Hold. Its a teaching moment.
    All these Gurus do sell while others hold.
    Some traders have Held TESLA for 10 years.
    Some traders have Sold TESLA many many times for 10 years.

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว

      This interview is about trading.

    • @Andrew-dj1wd
      @Andrew-dj1wd 2 ปีที่แล้ว +1

      @@RichardMoglen yes I know. Was just referencing when the phrase 'weak hands' is used. Less experienced traders have to protect their capital by selling when they are at risk. Your guest also said he sells when at risk. Neither scenario is 'weak hands' because no one knows the direction of a stock, but the phrase is used after the fact.

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว +1

      @@Andrew-dj1wd Weak hands refers to anyone who uses stop losses. I agree with what you are saying. He is not using weak hands as a negative adjective. The goal is to be the last weak holder after supply has been wrung out within a base or after a shakeout

    • @Andrew-dj1wd
      @Andrew-dj1wd 2 ปีที่แล้ว +1

      ​@@RichardMoglen I have only been trading for 2 years, part time while working and trying to graduate from medical school. I learned trading from others on Twitter and TH-cam. I have since focused on a few TH-cam channels to develop some basics, a system, a few set-ups. Protecting Mindset is likely the top equity in trading. New traders who don't want to be labeled a "weak hand' or 'paper hand' on Twitter have held stocks and lost tons of cash and wrecked their mindset. That's my main point for your viewers.
      Your channel is awesome for learning.

    • @leihe5215
      @leihe5215 2 ปีที่แล้ว

      @@Andrew-dj1wd"weak hands" is often used neutral term in trading. It also used in O'Neil's book and Mark's book. Don't take it wrong. I am/was "weak hand" a lot of time. I was shaken out and only watching the stock taking off without me.

  • @REX4340
    @REX4340 12 วันที่ผ่านมา

    Never listen to someone who teaches trading.

  • @kreative159
    @kreative159 ปีที่แล้ว

    Seem like he did not focusing on the questions, the answers were too long and not sharp.

  • @markmcgwiresbackne5705
    @markmcgwiresbackne5705 2 ปีที่แล้ว

    I know it when I see it is not a trade setup, it's said by someone who can't explain how they make money in markets. They don't know. Also, when something is so obvious in a hot stock/hot sector a 5th grader can see it, buy it. Stop buying behind peak formation highs and pin hammer engulfments in trash names. Forget this dude, bring me on your show. I will show your viewers real setups on an intraday basis they can profit from with pictures, with clear explanation, that happen over and over and everyday. Your audience needs it put in they're lap it's why they're here. This is useless.

    • @RichardMoglen
      @RichardMoglen  2 ปีที่แล้ว +2

      Here are Mark Ritchie's Returns: twitter.com/markminervini/status/1526204860231823361?s=20&t=jybnTT4D2bj1LygqqcnPmA

  • @gf5050
    @gf5050 2 ปีที่แล้ว

    Im gutted, ive really tried but i just cant listen to this guy. Shame coz it s great info…

  • @ps7857
    @ps7857 2 ปีที่แล้ว +3

    Awesome content and truly inspirational...Marks strategy and comments/answers were easy to understand and full of common sense..if one watches this video once everyday profitable trading is on its way😄 thanks Richard for asking all relevant questions and keep up the good work👌👌

  • @JamieMcConomy
    @JamieMcConomy 11 หลายเดือนก่อน +1

    One of the best interviews yet imo. Great work Richard, and thanks for the insight Mark.