Richard, you've had some great traders on your videos, but if I had to pick one, this interview with Patrick Walker would be number one by far. Patrick is the most entertaining speaker I've seen, which makes retention of all the information that easier. He explained numerous topics in very simple terms. And you asked some basic questions that we are all wanting to ask, which made it all that much better. You do a great job. I taped the college football championship game so I could watch this video.
Amazing when an experienced trader shares from the 100% facts nothing to hide or telling stories. Rarely find people trying to do good, share good knowledge. My blessings!
There are so many stock gurus on TH-cam and Instagram nowadays… I’ve watched them all. But this interview is different. I genuinely believe he wants to share his knowledge and want everyone to succeed. Thank you!!!
I found this very interesting and i loved Patrick's enthusiasm. Great teacher. Thank you Richard for allowing us to have this opportunity by sharing this with us! Your questions were all very good too!
Timestamps: Intro 0:00 Trading Books: 7:00 Types of Trading 11:50 How To Pick Stocks 17:45 MAX List 25:00 How To Use Moving Averages+ Price Action 28:25 How to deal with News and the 2020 Crash 36:35 How to Buy Breakout Stocks 39:00 How to sell into strength 49:00 How many positions should you have 58:00 Wait for your pitch 59:05 How to Pyramid into Positions 1:00:20 Stock Market Analysis 1:03:50 Pat's Worst Ever Trade 1:10:45 Pat's Best Trades 1:13:09 Current Stock Analysis 118:45 Closing 1:36:22
They say when you’re an expert you can explain what you do in the most simple language. Patrick Walker exceeded that saying exponentially in this interview. So simple, clear, and hilarious at the same time. One of the best interviews. Thanks 🙏🏾
Wow, Wow, Wow, Richard you really are making a huge difference not only with your personal analysis but interviewing top trader that are incredibly great, humbled, and willing to share knowledge. Thanks, thanks a lot.
didn't really watch this market chat coz he looked boring, but man. The guy's passion is contagious, probably one of the best. It's a shame it only has few views.
Can’t believe I’ve glanced over this interview. Great stuff! Love Pats energy, you can tell he really loves this. Going to go watch his second one now!
Richard, I can really relate to Patrick. He is about my age and his trading style is very similar to mine. His enthusiasm is infectious. This was great. GJ
Richard, thanks again! The work you put in with this interviews is so much better than any other big multimillion podcasts, TV stock shows and so on, awesome!! This is like 21 century version of “market wizard” series by Jack Schwager. Hey, everyone who is watching Richards videos - promote him in your chat rooms, forums and your friends. Let’s help Richard to get more views. His content deserves much more!
This video just blew up my mind, such a bit view of chart and bar bar analysis. Thanks Patrik for sharing your great experience and knowledge in a simpler way. Thanks Richard for bringing such valuable content. Great work.
I have seen a good no of interviews from your channel but this one stood out to me for chart reading( bar analysis was awesome). So many nitty gritty details revealed. Thoroughly enjoyed! Pat has super energy.
I can't stop watching this video multiple times. This is pure Gold for a beginner! If I could give you a like for every single piece of advice I've extracted from this video. Thanks, I hope some day I could share as you did!
Love this interview so much - totally gave me a ton of eureka moments. Biggest one for me was "limit your losses...keep the stops tight...but ride your winners as long as possible". It was only recently that I started actually doing trailing stops. This gives me the courage to let my positions ride as high as they can go to maximize gains. Thank you!
I was just looking for a video of Patrick and I found this video. Richard, you're such a good listener and your questions are really good. And Patrick is a great teacher and his enthusiasm is amazing. I really like the way he trades. Thanks Richard and Patrick!
These interviews are really useful thanks. I like the practical questions about executing and managing the trades, which is the hard part. Like where you put the initial stop, where do you scale out, when do you totally exit, etc.. Merry Christmas!
@@RichardMoglen I have not. Just looked it up and will watch in the near future, together with some some other interviews you guys did. When will you have Gil Morales on your channel? Gil is one of the greats, if you can stomach his personality.
Perhaps the single best tutorial on stock trading strategy I've ever seen. I'm a subscriber to IBD, so a lot of these comments resonate with me. Wonderful enthusiasm and some life lessons too.
Richard, this is so good! thank you very much! I love also your Timestamps, it makes so easy for me to review some thing interesting after finished..., you are doing amazing job, also love Pat's approach.
That was a great interview! That really helped to solidify and simplify the concept of trading price, volume and market analysis. Love Pat's energy and enthusiasm. Thanks Richard, cant believe I've only come across this now. Much appreciated
Love seeing how others see the markets. It seems like most who position trade or trade long term see the markets the same way. Our entries are just slightly different. Awesome content and best interview I've seen. You also asked all the right questions of what I wanted to ask next
@@RichardMoglen YES! I am so glad we see it the same way. We do all the same moves (Position traders and buy and hold), buy a great dip on great companies hold, but instead of holding forever we want to let the markets or big institutions tell us when it's time to get out. Price action, man! :)
Richard please make another video with Patrick. I think there was a lot left uncovered. It's hard to find a teacher like him and when you have one, please make full use of him. Waiting to watch him again.
@@RichardMoglen 1.Since his method is so simple why don't we back it up with few examples from his past winners where Patrick dissects trades for us. There should be winners and losers as well. This is to cement the fact that without using indicators and technical jargon one can make a living out of markets which Patrick has been doing for 30 years. 2. Elaborate on reading price bars in relation to volume on a multi timeframe set up before taking or exiting a position with examples. 3. Is it mandatory to sit in front of the screen full time during market hours or can be worked out on alerts or time gaps in between to check the markets for monitoring a position. I am asking this only because of the simplicity of his method. Would he advise that for multi-taskers? 4. Where has been his biggest winners (positional or swing), answer to that out of his whole trading experience? 5. If given a chance to look back at his trading carrier what advice he would give to a younger Patrick? 6. Was he more profitable being an aggressive trader or being true to his style? 7. Since trading has a taxing effect on an individual. What advise he will give to have a work life balance where in u have a longevity as a trader without getting burnt out in the process ?
A powerhouse interview! One of the best and I took lots of notes. Great information and advice from a pro trader. Looking forward to seeing another interview with Patrick.
Great video, great questions Richard, Paul is an amazing and honest teacher, one of the most valuable free content I have seen in a long time. I've watched it 3-4 times already. Thank you.
@@RichardMoglen If I could make a suggestion would be to add Amazon affiliated links to the books that Pat mentions. That would be a convenient way for your audience to purchase the books and also for you to further monetize your content.
Fascinating and enormously helpful as well as entertaining. Well done both of you. I’ll be looking for your book Richard, I know you’ll have one in you. Thanks so much.
Hey Richard , excellent man!! You are taking to next level .. thanks for doing this .. it helped me a lot to connect myself to his style .. I wish he explained more how to convert swing to position size. Really worth watching..🙏🙏🙏👏👏👏
Great video, I learned a lot. I myself am new to the stock market but am doing my research to learn more before I get involved. The question I have is how does someone new like myself get started trading with a relatively small account? I have about $5k to get started with, however Pat was recommending the MAXlist stocks which are all over~$150 per share. Again appreciate the video, keep up the good work.
A follow up question on the DOCU analysis you guys did, if we sell into strength to lock in some profits, would you (and/or Patrick) reenter to a full position after a confirmed bounce on those shakeout moves below key MAs? Thank you in advance.
Hey man, have you thought of putting the audio files of these interviews on Spotify? They are pretty awesome, would love to listen to them again on Spotify again to refresh my memory down the line
@@RichardMoglen i did, although i must say the ryan pierpont one was my favorite. he speaks a little bit like i do (curses like a sailor and is all over the place) but could relate to him very much. id like to know if you could dedicate a show on "setting up scanners and/or junior miners? anyway, thanks for the informative videos and keep up the great work. you're helping a lot of people out there.
What an AWESOME interview with a great trader who can explain his strategy to a kid. Very entertaining as well, this guy, Patrick can talk.
Richard, you've had some great traders on your videos, but if I had to pick one, this interview with Patrick Walker would be number one by far. Patrick is the most entertaining speaker I've seen, which makes retention of all the information that easier. He explained numerous topics in very simple terms. And you asked some basic questions that we are all wanting to ask, which made it all that much better. You do a great job.
I taped the college football championship game so I could watch this video.
Thanks Jimmy, Pat is an excellent educator. I hope to have him back for another market chat this year.
Amazing when an experienced trader shares from the 100% facts nothing to hide or telling stories. Rarely find people trying to do good, share good knowledge. My blessings!
Glad you enjoyed it!
There are so many stock gurus on TH-cam and Instagram nowadays… I’ve watched them all. But this interview is different. I genuinely believe he wants to share his knowledge and want everyone to succeed. Thank you!!!
Thanks SS, that's exactly my goal with this channel and interviews
I found this very interesting and i loved Patrick's enthusiasm. Great teacher. Thank you Richard for allowing us to have this opportunity by sharing this with us! Your questions were all very good too!
Glad you enjoyed it!
Timestamps:
Intro 0:00
Trading Books: 7:00
Types of Trading 11:50
How To Pick Stocks 17:45
MAX List 25:00
How To Use Moving Averages+ Price Action 28:25
How to deal with News and the 2020 Crash 36:35
How to Buy Breakout Stocks 39:00
How to sell into strength 49:00
How many positions should you have 58:00
Wait for your pitch 59:05
How to Pyramid into Positions 1:00:20
Stock Market Analysis 1:03:50
Pat's Worst Ever Trade 1:10:45
Pat's Best Trades 1:13:09
Current Stock Analysis 118:45
Closing 1:36:22
I just love Patrick's enthusiasm and passion about his work
Absolutely!
They say when you’re an expert you can explain what you do in the most simple language. Patrick Walker exceeded that saying exponentially in this interview. So simple, clear, and hilarious at the same time. One of the best interviews.
Thanks 🙏🏾
Pat is an excellent teacher
I agree 100% 👍u nailed it !!
This was really helpful. Loved Patrick's enthusiasm as well.
Glad you enjoyed it!
Wow, Wow, Wow, Richard you really are making a huge difference not only with your personal analysis but interviewing top trader that are incredibly great, humbled, and willing to share knowledge. Thanks, thanks a lot.
Thanks Erny, I’m so glad Pat was willing to do this. He shared so much.
Patrick’s interviews are Gold mines. Thanks for inviting him, Richard, and you have been a very good interviewer, as always.
didn't really watch this market chat coz he looked boring, but man. The guy's passion is contagious, probably one of the best. It's a shame it only has few views.
Pat's a great educator, I plan to have him back on soon
Can’t believe I’ve glanced over this interview. Great stuff! Love Pats energy, you can tell he really loves this. Going to go watch his second one now!
Fantastic!
Richard, I can really relate to Patrick. He is about my age and his trading style is very similar to mine. His enthusiasm is infectious.
This was great.
GJ
Thanks Jim! Love your name lol!
@@RichardMoglen You can call me Grumpy or you can call me Jim or you can call me Grumpy Jim...
GJ :)
@@grumpyjim9045 lol!
Pat is such a wealth of knowledge, glad you had him on thank you
No problem, I learned a ton from this!
Richard, thanks again!
The work you put in with this interviews is so much better than any other big multimillion podcasts, TV stock shows and so on, awesome!!
This is like 21 century version of “market wizard” series by Jack Schwager.
Hey, everyone who is watching Richards videos - promote him in your chat rooms, forums and your friends. Let’s help Richard to get more views. His content deserves much more!
Very kind of you Ruslan thanks!
It's the best and most entertaining interview on the stocks I've ever seen. Congratulations!
Thanks Esther! Take care
I listen to these interviews 2-3 times, just to take notes...I don't agree with everything but there's a lot of knowledge in these videos...
Best interview I have ever seen, thanks a lot Richard bro for bringing this Patric walker.
Thanks for watching!
I really love how humble and practical Pat is. Great info all the way around. I've gotten so much from his wisdom. Thank you!
This video just blew up my mind, such a bit view of chart and bar bar analysis. Thanks Patrik for sharing your great experience and knowledge in a simpler way. Thanks Richard for bringing such valuable content. Great work.
I am going to watch this video one time a day for one year....thank you guys God bless you!
Thanks Daniel! Patrick shared a ton of his knowledge
I have seen a good no of interviews from your channel but this one stood out to me for chart reading( bar analysis was awesome). So many nitty gritty details revealed. Thoroughly enjoyed! Pat has super energy.
What a guy! You just gotta love the enthusiasm he has for the stock market. So much quality in this video, amazing!
I can't stop watching this video multiple times. This is pure Gold for a beginner! If I could give you a like for every single piece of advice I've extracted from this video. Thanks, I hope some day I could share as you did!
I want to learn
Thanks to Richard and Patrick. Really solid insights and practical tips for us retail traders.
22:46 saving this for myself. from there to the max list is a little gold nugget
Wow, what a guy. I'm now officially a fan! Brilliant informative content Richard. Thank you.
Glad you enjoyed it!
This would be the best trading video I have seen,and I have been around a while,this guy exudes success with his cheerful attitude,Great work mate.
Thanks David! Pat is a great guy to learn from
Only watched it now. Very good interview! Patrick Walker is a great teacher and talker.
He sure is!
Seriously, Him walking you though the charts was so educational. Thanks Richard
Glad to hear that!
I love his passion. I am a trader and he is speaking pure truth and giving you gold info!
I'm with you, Pat is great!
@@RichardMoglen great interview and thank you for letting the guest talk. Other interviewers dont let their guest talk.
@@paulojustinianookubo Thanks Paulo, I mostly try to guide the interview and ask the right questions. These guys have much more experience than I do.
One of the best videos ever - Man it would be wonderful to sit with him and just hear him talk. Amazing walk through on the charts
Thanks so much, I’m glad to have gotten the chance to share this conversation.
Love this interview so much - totally gave me a ton of eureka moments. Biggest one for me was "limit your losses...keep the stops tight...but ride your winners as long as possible". It was only recently that I started actually doing trailing stops. This gives me the courage to let my positions ride as high as they can go to maximize gains. Thank you!
Thanks Kevin! I learned so much as well.
I LOVE how you let interviewers speak! Great interviews
Thanks!
Very informative! I like that Pat keeps his charts clean. Price and volume are my big takeaways.
In my personal opinion some indicators can help identify specific price patterns. But in the end price and volume analysis are all you need.
one of best stocks teacher
I was just looking for a video of Patrick and I found this video. Richard, you're such a good listener and your questions are really good. And Patrick is a great teacher and his enthusiasm is amazing. I really like the way he trades. Thanks Richard and Patrick!
Thanks Miles! Loved talking with Pat.
These interviews are really useful thanks. I like the practical questions about executing and managing the trades, which is the hard part. Like where you put the initial stop, where do you scale out, when do you totally exit, etc.. Merry Christmas!
Merry Christmas Peter!
Rewatching this right now. Still one of the best, most useful interviews you’ve done this far imho.
So glad to hear that! Did you watch Pat's Presentation at the TL conference?
@@RichardMoglen I have not. Just looked it up and will watch in the near future, together with some some other interviews you guys did. When will you have Gil Morales on your channel? Gil is one of the greats, if you can stomach his personality.
I just loved it. Awesome, his teaching style is so elegant.
Best teacher ever!! Thanks Richard
Very much informative with so much clearity. Please do one more session with him.
Perhaps the single best tutorial on stock trading strategy I've ever seen. I'm a subscriber to IBD, so a lot of these comments resonate with me. Wonderful enthusiasm and some life lessons too.
Pat is great! I'm glad you found it helpful!
Thanks Patrick and Richard for this webinar. Great!!
Glad you enjoyed it!
Richard, this is so good! thank you very much! I love also your Timestamps, it makes so easy for me to review some thing interesting after finished..., you are doing amazing job, also love Pat's approach.
Glad it was helpful! thanks tom
the most underrated trader!
Pat is the man!
This was a great interview. I learned so much from Richard and he is such a character! Thank you for doing this
Glad you enjoyed it!
That was a great interview! That really helped to solidify and simplify the concept of trading price, volume and market analysis. Love Pat's energy and enthusiasm. Thanks Richard, cant believe I've only come across this now. Much appreciated
Love seeing how others see the markets. It seems like most who position trade or trade long term see the markets the same way. Our entries are just slightly different. Awesome content and best interview I've seen. You also asked all the right questions of what I wanted to ask next
Thanks! Yes I agree, Position traders are actually buy and hold investors, but we let the technicals take us in and out of strong companies.
@@RichardMoglen YES! I am so glad we see it the same way. We do all the same moves (Position traders and buy and hold), buy a great dip on great companies hold, but instead of holding forever we want to let the markets or big institutions tell us when it's time to get out. Price action, man! :)
Richard please make another video with Patrick. I think there was a lot left uncovered. It's hard to find a teacher like him and when you have one, please make full use of him. Waiting to watch him again.
Will do! What questions/topics would you like me to cover for next time?
@@RichardMoglen
1.Since his method is so simple why don't we back it up with few examples from his past winners where Patrick dissects trades for us. There should be winners and losers as well. This is to cement the fact that without using indicators and technical jargon one can make a living out of markets which Patrick has been doing for 30 years.
2. Elaborate on reading price bars in relation to volume on a multi timeframe set up before taking or exiting a position with examples.
3. Is it mandatory to sit in front of the screen full time during market hours or can be worked out on alerts or time gaps in between to check the markets for monitoring a position. I am asking this only because of the simplicity of his method. Would he advise that for multi-taskers?
4. Where has been his biggest winners (positional or swing), answer to that out of his whole trading experience?
5. If given a chance to look back at his trading carrier what advice he would give to a younger Patrick?
6. Was he more profitable being an aggressive trader or being true to his style?
7. Since trading has a taxing effect on an individual. What advise he will give to have a work life balance where in u have a longevity as a trader without getting burnt out in the process ?
What an amazing guy, more patrick walker!
He sure is, I plan to have him back on later this fall
A powerhouse interview! One of the best and I took lots of notes. Great information and advice from a pro trader. Looking forward to seeing another interview with Patrick.
Exceptional interview! So many gems shared by Patrick. Thanks Richard
Wow, not only was this informative but Patrick seems like an amazing person!
If we can't help each other, what's the use of being here...favorite quote.
Pat is a great guy!
That’s amazing. Going to the library and drawing charts from the Wall Street journal.
We have it easy now, which means we have no excuses!
Great interview, Richard. One of your best. Another interview with Patrick would be awesome.
Thanks NH, we will try to make it happen
This interview is a goldmine. Lot of learnings.
Great to hear that Mohan!
I'm binge watching all episodes. Richard these are all such great shows! Loving it.
Awesome! keep going!
Great video, great questions Richard, Paul is an amazing and honest teacher, one of the most valuable free content I have seen in a long time. I've watched it 3-4 times already. Thank you.
Thanks Arash! I’ve watched it a couple times as well. It was wonderful to be him on
@@RichardMoglen If I could make a suggestion would be to add Amazon affiliated links to the books that Pat mentions. That would be a convenient way for your audience to purchase the books and also for you to further monetize your content.
Great Video - I learn by repetition! Love seeing this stuff over and over! Thank you Rich and Patrick!
Thanks Paul!
Love what you're doing and a big fan of the channel. Will be watching all of your interviews.
Awesome, thank you!
This video is sheer gold.
Pat is a great guy and teacher 👍🏻
Top draw stuff Richard - excellent questions. Please host more webinars like this. Many thanks
Thanks!! Will do Peter, Already have my next guest planned and he's awesome!
So many actionable tips. What a gold mine. Thanks.
Glad you enjoyed it!
Fascinating and enormously helpful as well as entertaining. Well done both of you. I’ll be looking for your book Richard, I know you’ll have one in you. Thanks so much.
Glad you enjoyed it! As for my book haha, I think you will have to wait a few years :)
Hey Richard , excellent man!! You are taking to next level .. thanks for doing this .. it helped me a lot to connect myself to his style .. I wish he explained more how to convert swing to position size. Really worth watching..🙏🙏🙏👏👏👏
I have never seen such a nice guy on screen in my life!
Pat is so great!
I can’t like this video enough! very informative, thanks for doing this, I really appreciate it.
Thanks Ben! More to come, I recommend checking out the other podcasts if you liked this one
One of the best interviews. Learned a lot. 💯👍
Glad you enjoyed it!
learned more from this than any other videos out there. Thanks man. 👍👍👌👌
I learned a ton as well. Pat was great! Take care
Thanks Richard. That is a great interview with Patrick.
Thanks, this is a video I will watch over and over. He shared a lot!
Richard Moglen I bookmarked it and will watch over and over again. You asked great questions. Those are the things I wanted to learn about too!
Awesome interview and trading lessons
Glad you enjoyed it!
Excelent interview! I have learned a lot how to deal with charts!
Great to hear!
a wise man. thanks for the interview
no problem!
Great interview! A lot of information! Would be nice another interview with Pat!
Thanks!
Nice, very nice. Thanks Richard
Very welcome
Legend! Thanks Richard for doing this.
My pleasure!
Unbelievable stuff, awesome man! Well done Richard
Glad you enjoyed it! Pat's awesome
Great interview Richard. I took a lot of notes.
Thanks Scott! Same here
Great video, I learned a lot. I myself am new to the stock market but am doing my research to learn more before I get involved. The question I have is how does someone new like myself get started trading with a relatively small account? I have about $5k to get started with, however Pat was recommending the MAXlist stocks which are all over~$150 per share. Again appreciate the video, keep up the good work.
Thanks Richard , amazing interview ! Do it again with Pat bar by bar analysis
We will!
Great content. job well done as usual. thank you for your time and insights.
Thanks Jim! Patrick was great!
Just love it Patrick Walker insights! Really nice guy!
100%
Rewatched. Priceless
Great!! Very, very insightful. Thanks for sharing!!
Glad it was helpful!
Excellent content, passion, wisdom, "gold nuggets" throughout, thank you Richard and Patrick, loved it, real quality time.
Thanks Tony! Pat is great
He's a very great teacher 👍
for sure!
Great, really great. Thanks!
Glad you liked it!
this is Gold level stuff thank you guys learnt a lot
Great interview, very helpful.
Glad it was helpful!
Thank you guys!
no problem!
What a cool guy :) Lots of great info. Thank you for sharing.
Glad you enjoyed it!
Great session guys! Keep them coming Richard, good work!
A follow up question on the DOCU analysis you guys did, if we sell into strength to lock in some profits, would you (and/or Patrick) reenter to a full position after a confirmed bounce on those shakeout moves below key MAs? Thank you in advance.
Thanks Antonio!
Looking back I personally would buy back my shares after the shakeout.
Thanks for the reply Richard! Looking forward to more Market Chats!
love this guy
Holy cow this video is fantastic !!!
Pat was great!
Such great interviewer questions. Nice job.
That was an awesome interview!
Thanks Vinci!
Hey man, have you thought of putting the audio files of these interviews on Spotify? They are pretty awesome, would love to listen to them again on Spotify again to refresh my memory down the line
I will definitely get around to doing that in the future
this guy definitely smokes a whole lot of ganja. great interview, very talented and educational trader. thank you
Glad you enjoyed it!
@@RichardMoglen i did, although i must say the ryan pierpont one was my favorite. he speaks a little bit like i do (curses like a sailor and is all over the place) but could relate to him very much.
id like to know if you could dedicate a show on "setting up scanners and/or junior miners? anyway, thanks for the informative videos and keep up the great work. you're helping a lot of people out there.