Interview with Veteran Stock Trader Patrick Walker | The Market Chat
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- เผยแพร่เมื่อ 20 มิ.ย. 2024
- Today on The Market Chat we have an interview with veteran CANSLIM Trader Patrick Walker. We discuss trading styles, stock tradting strategies, stock selection, buying breakouts and much much more.
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
Have a good one!
-Richard
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Disclaimer
The content of this video is for educational purposes only and should not be taken as a suggestion to buy or sell anything
Its actually one of the best stocks educating interviews i’ve seen ever, thanks a lot Richard.
Thanks so much! Pat is an excellent teacher.
Richard Moglen He is, iv been a CAN SLIM investor for 2 years now, read o’neil both books about buying and selling stocks many times, but still Pat clarify things more, and comes up with new moderately conservative way to ride stocks which i liked, just added 8 and 21 ema to my Charts, so excited to test them.
Completely agree, I also plan to adopt a scale out strategy using emas. Its keeps things nice and objective.
This man needs to write a book would be no. 1
this interview, by far, is one of the best I've seen in youtube.
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.
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.
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!
This was really helpful. Loved Patrick's enthusiasm as well.
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
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!
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 !!
I just love Patrick's enthusiasm and passion about his work
Absolutely!
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...
Exceptional interview! So many gems shared by Patrick. Thanks Richard
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!
Thanks to Richard and Patrick. Really solid insights and practical tips for us retail traders.
Patrick’s interviews are Gold mines. Thanks for inviting him, Richard, and you have been a very good interviewer, as always.
Thanks Patrick and Richard for this webinar. Great!!
Glad you enjoyed it!
What a guy! You just gotta love the enthusiasm he has for the stock market. So much quality in this video, amazing!
Rewatched. Priceless
I just loved it. Awesome, his teaching style is so elegant.
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!
It's the best and most entertaining interview on the stocks I've ever seen. Congratulations!
Thanks Esther! Take care
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!
Great!! Very, very insightful. Thanks for sharing!!
Glad it was helpful!
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.
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
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.
22:46 saving this for myself. from there to the max list is a little gold nugget
Great Video - I learn by repetition! Love seeing this stuff over and over! Thank you Rich and Patrick!
Thanks Paul!
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.
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!
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.
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
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.
Best teacher ever!! Thanks Richard
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!
Nice, very nice. Thanks Richard
Very welcome
Only watched it now. Very good interview! Patrick Walker is a great teacher and talker.
He sure is!
Thank you guys!
no problem!
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
one of best stocks teacher
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!
Pat is such a wealth of knowledge, glad you had him on thank you
No problem, I learned a ton from this!
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
Love what you're doing and a big fan of the channel. Will be watching all of your interviews.
Awesome, thank you!
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.
Best interview I have ever seen, thanks a lot Richard bro for bringing this Patric walker.
Thanks for watching!
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
Great interview, Richard. One of your best. Another interview with Patrick would be awesome.
Thanks NH, we will try to make it happen
I LOVE how you let interviewers speak! Great interviews
Thanks!
What an amazing guy, more patrick walker!
He sure is, I plan to have him back on later this fall
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.
Legend! Thanks Richard for doing this.
My pleasure!
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.
非常感谢！
Awesome interview and trading lessons
Glad you enjoyed it!
Wow, what a guy. I'm now officially a fan! Brilliant informative content Richard. Thank you.
Glad you enjoyed it!
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!
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..🙏🙏🙏👏👏👏
Seriously, Him walking you though the charts was so educational. Thanks Richard
Glad to hear that!
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!
I'm binge watching all episodes. Richard these are all such great shows! Loving it.
Awesome! keep going!
Just love it Patrick Walker insights! Really nice guy!
100%
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
Very much informative with so much clearity. Please do one more session with him.
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
Great content. job well done as usual. thank you for your time and insights.
Thanks Jim! Patrick was great!
Such great interviewer questions. Nice job.
Great video, thanks Richard! Very interesting and clear way of presenting!
Glad you liked it!
This interview is a goldmine. Lot of learnings.
Great to hear that Mohan!
Great interview Richard. I took a lot of notes.
Thanks Scott! Same here
Great, really great. Thanks!
Glad you liked it!
Unbelievable stuff, awesome man! Well done Richard
Glad you enjoyed it! Pat's awesome
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!
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!
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 :)
Holy cow this video is fantastic !!!
Pat was great!
love this guy
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! :)
Great interview, very helpful.
Glad it was helpful!
The Best!
What a cool guy :) Lots of great info. Thank you for sharing.
Glad you enjoyed it!
That was an awesome interview!
Thanks Vinci!
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
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.
This video is sheer gold.
Pat is a great guy and teacher 👍🏻
Love the interview! Do more great interviews of great trader! Thanks!
More to come!
This was really helpful.
this is Gold level stuff thank you guys learnt a lot
Top class and simple at the same time :)
a wise man. thanks for the interview
no problem!
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.
Excelent interview! I have learned a lot how to deal with charts!
Great to hear!
Simple and great
Thanks a lot
Great interview! A lot of information! Would be nice another interview with Pat!
Thanks!
Thanks...!
No problem!
This was really great and insightful thank you!
You're welcome!
Richard Moglen Cheers!
Thank you! This was really helpful 🙏🏻
Glad it was helpful!
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!