"The Truth Why Most Traders Lose Money" - Daryl Guppy | Trader Interview

แชร์
ฝัง
  • เผยแพร่เมื่อ 19 มิ.ย. 2024
  • In this Forex trading video, Etienne sits down with "The Chart Man" himself, Daryl Guppy, who has been trading in the market for 30 years. Do you want to stop losing money? Understand the logic of the patterns and learn the psychology of the market.
    Chapters:
    00:00 "The Truth Why Most Traders Lose Money" - Daryl Guppy
    00:34 Updates on Daryl Guppy
    01:20 What makes people succeed long-term?
    04:11 How Daryl started trading
    08:44 Trading principles then and now
    10:40 Figuring out what you're good at
    14:12 On trying better indicators and patterns
    20:31 Understanding the logic of the patterns
    22:00 "Uncommon results do not come from common thinking"
    23:52 Why are the patterns different from common thinking?
    28:14 Patterns in forex and indexes
    30:46 What is the "2% Rule"?
    35:48 When does the "2% Rule" work?
    37:54 Where to find Daryl Guppy (links below)
    #desiretotrade #forextrading #fxtrading #technicalanalysis #thechartman
    ==========================
    Daryl's website ➡️ www.guppytraders.com
    ==========================
    👉 GET MY FREE BOLLINGER BANDS REVERSAL STRATEGY COURSE: d2t.link/bbr-strategy
    ==========================
    💬 LET'S CONNECT ON SOCIAL MEDIA
    Forex Trader Community (Facebook Group): d2t.link/FBgroup
    Facebook: / desiretotrade
    Twitter: @desiretotrade
    IG: @etiennecrete
    🔕 Beware of other fake accounts
    ==========================
    🛠️ RECOMMENDED TRADING RESOURCES
    Forex Broker (Pepperstone): d2t.link/pepperstone
    Forex Broker for Canada (Axi): d2t.link/axitrader
    Best Platform: d2t.link/tradingview
    Backtesting Tool: d2t.link/soft4fx
    VPS (for algo trading): d2t.link/vps
    Trading Journal: d2t.link/journal
  • บันเทิง

ความคิดเห็น • 66

  • @jeroencommandeur
    @jeroencommandeur ปีที่แล้ว +14

    The 2% rule explanation is spot on. I never heard anyone explaining it so well. Awesome job there!

    • @DesireToTRADE
      @DesireToTRADE  ปีที่แล้ว +3

      Absolutely! Glad that was useful :)

  • @witoldgolak7642
    @witoldgolak7642 ปีที่แล้ว +10

    It's a joy to watch somebody so passionate about trading. Massive amount of knowledge and ability to explain things in a straightforward and interesting way. Great interview. Thank you!

  • @quantumindicesfuturestrade6873
    @quantumindicesfuturestrade6873 ปีที่แล้ว +12

    I remember looking at price action and drawing the charts out. Didn't have the technology we have today. I liked this interview.

    • @DesireToTRADE
      @DesireToTRADE  ปีที่แล้ว +1

      Glad you liked it! Much appreciated comment :)

  • @fomosapian6790
    @fomosapian6790 9 วันที่ผ่านมา

    Found your channel late last month. I’ve really been enjoying listening to a few of your interviews each day while practicing TA. Lots of info and inspiration from everyone you’ve interviewed. Much appreciated. Cheers 🍻

  • @longwoodcurrencytrading
    @longwoodcurrencytrading ปีที่แล้ว +4

    You had some great questions that Daryl covered better than anyone I've heard discuss this stuff - and I've been looking at the financial markets since the late 1970s. Thanks for having him on!

  • @PedroDVC
    @PedroDVC ปีที่แล้ว +1

    Man, you bring the most interesting traders and I actualy like this format of being able to see them. Much more aprochable. Thanks!

  • @gidsmono8044
    @gidsmono8044 ปีที่แล้ว

    The master chifu of trading. Thanks E.

  • @MetalForBreakfast
    @MetalForBreakfast ปีที่แล้ว +2

    I like the way he talks, and his mustache lol 👏

  • @528038
    @528038 ปีที่แล้ว +1

    Loved all moment! ;) I could listen it for a very long time

  • @brucesmith6868
    @brucesmith6868 ปีที่แล้ว +1

    Great interview E very straightforward!!

  • @jaymoneytrader
    @jaymoneytrader ปีที่แล้ว +1

    Good interview,
    Everyone gets so hung up around HFT algorithms when if they were not there we wouldn't have as much liquidity as we do now
    So you have sacrificed some speed for liquidity
    Yes they are faster than you and they can place a trade faster than you
    But they are still placing the same trade
    And the only reason they can place a trade that fast is because they have other algorithms matching their orders otherwise they would be able to take a stock to zero
    So when he talks about some ETF selling out of something to rebalance That's fine But they would have did that anyway It just would have cost them a lot more time because they would have had to rustle up the people to take the other side of the trade
    Now other algorithms will kick on to match that
    So the solution is to trade higher time frames because it doesn't matter if an ETF dumps in the middle of the day if by the end of the day or the week it's going to be a reflection of what the value really is

  • @nb9797
    @nb9797 ปีที่แล้ว +1

    Really valuable content as always and good questions Etienne. Thank you.

  • @newbiemaddie
    @newbiemaddie ปีที่แล้ว

    Thumbs up! Great guest and host 🎉

  • @riks6609
    @riks6609 ปีที่แล้ว

    Good interview!

  • @patrickbyrne7599
    @patrickbyrne7599 ปีที่แล้ว +1

    This is outstanding!!! Thanks to you both for hosting and the outstanding content. 💪

    • @DesireToTRADE
      @DesireToTRADE  ปีที่แล้ว

      Our pleasure! , Glad you liked it :)

    • @patrickbyrne7599
      @patrickbyrne7599 ปีที่แล้ว

      @@DesireToTRADE I really did, I have been trading for 14 years and can appreciate excellent content from the not-so-good one 🙂 It is incredible that with trading every week there is something new to learn. Thank you!!!

  • @TwiztedHumor
    @TwiztedHumor ปีที่แล้ว +1

    Another true boss and with a wonderful accent to boot. a real Stockadile Dundee if you will. Thank you sirs!

    • @DesireToTRADE
      @DesireToTRADE  ปีที่แล้ว

      I'm glad you liked this interview

  • @martins8761
    @martins8761 ปีที่แล้ว +1

    What an icon. Outstanding !!

  • @FXM3
    @FXM3 ปีที่แล้ว

    I actually downloaded this interview, something tells me this is it!

  • @mbrunocondello
    @mbrunocondello ปีที่แล้ว

    Awesome interview

  • @davidpeters6353
    @davidpeters6353 ปีที่แล้ว +1

    Love this channel! Deserves many more likes! Thank you, Etienne!

  • @JenMarco
    @JenMarco ปีที่แล้ว +1

    This interview is golden!

  • @EIStudent
    @EIStudent ปีที่แล้ว +2

    I LOVE the way this trader thinks! This is one of your best interviewees. 👍🏼

  • @don__hector7845
    @don__hector7845 6 หลายเดือนก่อน

    what a legend

  • @andymcintosh5324
    @andymcintosh5324 ปีที่แล้ว +1

    great stuff as usual, thankyou brother

  • @12juma
    @12juma ปีที่แล้ว

    EXECELLENT interview as always 😊

  • @Fenix_Trader
    @Fenix_Trader ปีที่แล้ว

    🙏very interesting and also very funny The way he Talks! Thank you both of u!!

  • @FARBOLUOS
    @FARBOLUOS ปีที่แล้ว +2

    Thanks Etienne for the work you do. Great interview!!!

  • @cheesyjube
    @cheesyjube ปีที่แล้ว

    Guppy moving averages are just great!

  • @josephgitahi2090
    @josephgitahi2090 ปีที่แล้ว

    Trading is a great option, good information 👍

  • @FarhanAbdi-eq2it
    @FarhanAbdi-eq2it ปีที่แล้ว +1

    He's legendary 😮

  • @welcometomathy6944
    @welcometomathy6944 ปีที่แล้ว

    Love Mr Guppy

  • @adamasim3399
    @adamasim3399 ปีที่แล้ว

    I totally agree with contradiction about "only using the money u have to lose "

  • @natinspires
    @natinspires ปีที่แล้ว

    Cool

  • @Dark-hz1tu
    @Dark-hz1tu ปีที่แล้ว

    Risk only 2% in total amount of capital??? But doesn't include how much risk per stop? So i must divide that 2% per trade?

    • @uniqueurl
      @uniqueurl ปีที่แล้ว +1

      Adjust your lots with the 2% amount you risk.

  • @528038
    @528038 ปีที่แล้ว

    I greet you from Hungary :) Cheers

  • @metamatrixclub1186
    @metamatrixclub1186 ปีที่แล้ว

    HFT side really messes with certain algos lol

  • @BMWM4FX
    @BMWM4FX ปีที่แล้ว +1

    the monopoly man of forex XD

  • @Coondawgwoopwoop
    @Coondawgwoopwoop ปีที่แล้ว

    What’s an f24 f25? 😅 I know there’s f14 f15 f16 f18 f22 and f35

    • @Coondawgwoopwoop
      @Coondawgwoopwoop ปีที่แล้ว

      All joking aside I like this guy. Very grounded and easy to relate to

  • @radu808
    @radu808 7 หลายเดือนก่อน

    the 2% rule is not comon knowledge? I am surprised that people need such a detailed explanation

  • @perthus7008
    @perthus7008 ปีที่แล้ว +2

    My man said how many sides does a triangle have.. dude answered 2 sides hahahahhahhah

    • @DesireToTRADE
      @DesireToTRADE  ปีที่แล้ว

      To my point... all the trading books I've seen show 2 sides to their triangle... but yeah I was overthinking it :)

    • @raymondobeukes3624
      @raymondobeukes3624 ปีที่แล้ว

      He said 3.

  • @roysmith8071
    @roysmith8071 ปีที่แล้ว +1

    Because they don't have a bad a** mustache like that

  • @user-dk5it9xh2f
    @user-dk5it9xh2f ปีที่แล้ว

    Awesome👍👍