FINANCIAL EDUCATION GONE WRONG! Jeremy's Portfolio Disaster.
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- เผยแพร่เมื่อ 29 พ.ค. 2024
- Financial Education channel hosted by Jeremy Lefebvre has been around for a long time, Jeremy presents a buy and hold portfolio which looks great when markets are good but becomes unstuck when things turn sour.
In this video we look at the drawbacks of buy and hold, and how retail traders can gain considerable advantage over buy and hold strategies.
A simple moving average can ensure losses currently seen by Jeremy (46% +) can be almost entirely eliminated.
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You don't need any special indicators. You just need to prevent small losses from turning into big ones. Use some kind of stop. Doesn't matter what kind -- fixed, ATR, etc.
Spot on
The problem with Jeremy is that he shifted from buying good profitable companies and into bad companies with zero cash flows. Way more risky ofc. And yes, he bought in the very early stage of the longest bull market in history, as we all hopefully did. Now we’re perhaps seeing the end of it.
Yes, my mantra is always good quality stocks showing momentum.
To Jeremy, this is also about making money from TH-cam. Picking stocks, defending them is exactly how Jeremy brands himself and gets his views and followers.
Yes, very sad
We saw what happened to Kevin when he sold. People lost their minds
great video - i always watch jeremies videos when i had a bad day at trading.
Many investors undererstimate the shortterm trading aspect and are unable to shift from their longterm perspective and evaluation of price when they bought to the perspective of others on a certain day.
When Palantir gaps up now - i see a nice daytrade or very short swing and many others do aswell - they will start selling once they are in good profit or in resitance and some may short then aswell - so the way back up is paved with heavy selling
You can also check the relative strength along with MACD!
How can you do it with TradingView?
@@TripleMachine With arithmetic symbols. Write "TSLA/SPX" in the searching tool and it will show Tesla divided by SP500, for instance.
I learn a lot from you. Thanks alot
Thank you!
very nice explanation of how to avoid bigger losses. Thankyou
Cheers!
Thank you so much for making these video. Do you hold the position through Earning Date? Or do you reduce half of the position to reduce the risk?
I doubt a trader holds through earnings, far too risky.
Actually I do if the price is acting rationally, albeit my positional risk averages about 1% so there is not too much risk going into them.
There's undoubtedly market manipulation. I used to hold through earnings but started to notice that sometimes prices went down even on good results....stopping people out so they can get them cheap. Then, lo and behold, a few days or weeks later, away the price goes!! :) The exact opposite can also be seen!
@@Noaxe_Tegrinde Thank you EmilyA1Trading for the.great video...I started up trading and investing as a scared individual that doesn't want to loose money I'm glad is finally paying off bought my first house through it. Hit 30k today
add up stochastic for entrances and exits for you 20 weekly MA and MACD as addiional approve criteria and accuracy will be better
Thanks Gareth. Excellent. Completely agree (as always!). Limiting losses is as important - if not more important - than making a profit. Particularly in the current market. If your losses are 5% when the market's down 15%, that's a good achievement. And it puts you in a strong position when the market recovers - which it will.
Absolutely!
The issue with this analysis is that whenever stocks drop heavily for a considerable amount of time this indicator looks great. However take a different time frame where the stocks drop below the criteria for a short period of time and you would of lost out by simply not dollar cost averaging, holding and buying consistently at the lows as well as the highs.
To a point I agree... Indexes for sure, but for singular stocks 'cheap often gets cheaper' they can stagnate etc etc - This missing component is the time factor. Buy and hold is simply not optimal.
@@FinancialWisdom also with MACD the mental factor of realising losses sometimes several times consecutively. If you only buy and hold indexes you never realise a loss
@@EllisAidan Geez, THAT is one of the biggest No No's!! ''You haven't lost until you sell!'' If NOTHING else, you've lost TIME. I'm an old bloke and I can tell you it is valuable and time goes quicker than you can ever imagine. Without TIME, you cannot make money.
@@Noaxe_Tegrinde but time is your best ally with the stock market.
After all time in the market beats timing the market
@@EllisAidan There's no helping you. You're stuck.
Awesome video. Thanks.
My pleasure!
Dude, thanks for making this.
Thanks for watching!
This what happen when you don’t understand the market cycle
Absolutely
Probably fair to say that market timing and risk management is more important than stock picking at least when managing a traditional portfolio. Once you leave that well balanced moderate risk type of portfolio things change and stock selection à la Buffet begins to matter more. Still not found the optimal solution.
Well said .
I enjoyed the Video and Accent. Thanks :)
Thank you! 😃
I LOVE, LOVE, LOVE, love this approach. I am SO sick of "Buy and Hold". A few questions: Are you using the SIMPLE 20 day MA or perhaps the EMA? Does this MA/MACD method work for growth ETFs or is it mainly for stocks?
Thanks for sharing I use 20 week ma and ema crossover
First thing I'd ask, is why invest is such week companies in the first place
Great video.
I wish more video about trading mistakes on your youtube channel
Super explanation...
Thank you 🙂
I ask your analysis on the weekly frame, if there is a trading signal, will you enter the order on Monday (after the close of the weekly candle)? and stop loss if you breach your stop loss on Thursday and Friday (the weekly candle hasn't been closed), what will you do?
Why not join our group you will see everything... But yes I await the close of the weekly candle to enter and slightly different criteria to exit. I also only enter on a breakout. This video is purely a demonstration it is not my actual approach.
@@FinancialWisdom actually i bought My Strategy Blueprint before but didn't really find tactical guidance about enter. Is there another more specific book offering about this topic? Coz i only trade in local market, joining the group might be helpful from knowledge perspective but not factually useful in daily trade
@@luongtuanvn Not really, the PDF and the forum (weekly report) is all you really need
I don't understand why a person would go long in any of those stocks. At no point, minus the dead cat bounce, did any of them suggest anything other than a free fall. His strategy has to be nothing but Hold and Pray.
He had energy once , Was a oil tanker stock that he sold after buying at the top. NAT was a small greek oil tanker stock that is known for its terrible returns
Can you detail how this strategy performs in a bull market versus buy and hold? It seems it would underperform by selling out of positions at suboptimal times.
I could try. It would not underperform for numerous reasons 1) If you sell a position you would reinvest back into a stock with upward momentum 2) Because you limit losses you can apply leverage providing a far superior return.
Agree..... 100%.......superb as always....... Thank you....... Sir
Thanks and welcome
I agree. Buy and hold is not a good strategy if you want to beat the market. Understanding how to use technical analysis can help you buy low and sell high. Every stock goes up and down for a reason. The latest news is also a huge factor. The stocks go up on good news and down on bad. Earnings and revenue expectations are huge movers of stock prices. You must do your homework to be a successful trader.
Does anybody have a tradestation strategy code for the macd/20 week moving average going long and short?
Great video 👍first thing all these loses could be avoided by not buying stocks in a stage 4
Jeremy was buying in stage 1, before and during the March 2020 crash.. this is video does not tell the whole story or mention what his true cost basis is
@@tombutler3572 I didn’t know whole story and I get your point but regardless that no stocks should be bought in a stages 1 , 3 or 4 simple as that , not trying to downgrade any of the traders or their styles because everyone is different and using different strategies or time frames , anyway Weinstein’s book an eye opener at least for me ✌️
@@tombutler3572 The IMPORTANT part of the story is the unnecessary loss, regardless of what his position was at the start of the decline. In fact it increases the wasted time for your cash being tied up. Trace the last price back to that point in his rising period. That is the time wasted.
Man you can't just make a video with good actionable advice and real life case studies. I'm running out of excuses for losing money all the time....
Hello, which MACD setup did you use in the video? Thanks.
Weekly time frame, standard setting
I've been watching this guy's videos for a while, he does have some odd ideas, although they seem to have worked for him in a strong bull market. Setting a target and stop loss at the time of purchase and then using a simple trailing stop loss in line with your beliefs about the individual stock and wider market is a minimum for buy and hold in my opinion... refining your strategy using advanced technical indicators as you become more proficient is a must to advance. Great video!
Yes he can always buy back in after his stop is hit if he believes the business has a bright future. I just look at a stock like honest and it’s been on a gradual decline the entire time. There’s no logical reason to be in that stock whatsoever.
Completely agree, madness.
most can`t take stopploss because of their own narcissism. Instead they blame the market and not their own flawed strategy. When reality is that in the long run it would never work.
Even the MACD is unnecessarily complicated. Really all you need to be doing is buying a stock that where the longer term moving average like the 50 day simple moving average is pointing upwards in a weekly trend and the stock is trading above that line and purchasing and even adding whenever it comes close to the line as long the trend remains upwards. As soon as the stock begins to trade underneath the moving average get out. Either it will fall or there will be a drawn out consolidation phase with no distinct stock direction. Depending where you bought in at, you either hold tight or sell if it’s trending underneath the 50 day SMA. If it’s still in an uptrend you will lose paper profits but over time the stock will recapture new highs but when the trend changes it’s game over for the time being. Hence the saying “the trend is your friend”
Another good approach👍 The key is to have at least one metric to control your risk..
And the WHY: he can’t sell now because his followers would be fuming, just like Kevin Paffrath copped a bullying (even a little bit from Jeremy) after he sold out (correctly and saved a ton of cash). If he sells anything he would have to admit his fundamental analysis was false. If he sells he would lose a ton of subscribers and therefore income. I wish him luck and hope at least 1 or 2 come back to cover all of the losses.
Absolutely Mark - I think he is a great guy and has good broad market knowledge to share, its a shame he is missing the risk control element.
Do u use MacD on daily chart to time ur entry and exits ? And what percentage of SL do u use when you start your new position?
Hi. I use weekly charts, the average stop loss is approx 9% depending on the structure
Do you know what software shows things like the MACD line and 20 week average? I only use Robinhood, so I don’t know anything about chart analysis.
Most charting packages or brokers caleb
Great video!
Glad you enjoyed it
What is the time frame you are using on The MACD ?is it EMA or MA 20 ?
Weekly time frame - MA but you will do ok using EMA too
@@FinancialWisdom sir how about the MACD? Still 29 and 12?
Bro your videos are great
Which software u use for whiteboard animation?
Videoscribe
How are you handeling stop losses in the after market? e.g. Microsoft lost 20 % after market close a few months ago on earnings. The stop loss would be useless in that case rigth?
Its just a cost of business, sometimes we have gap ups sometimes gap downs, in my approach they are quite rare. Additionally if you position size accordingly such a gap down would not cause too much damage. Some brokers also offer guaranteed stop losses for a premium.
@@FinancialWisdom Thank you for your response. I never header of guaranteed stop losses but i bet they are too expensive. Your channel is really informative. Keep it up :)
But what about the tax considerations when moving in and out of positions 🤔 how do we automate selling at 20 week moving average and macd indicator
Like any profit you have to pay it in the end, unless you use spreadbetting in the uk
Cloning a superinvestor is not a losing strategy but following clowns (like Financial Education) is. Excellent video, thank you. Suggestion about books on this subject of limiting losses is appreciated.
Well said!
LOL do Meet Kevin's man. Bet you can get 100k view
Meet kevin is a fraud and scammer
I'll check it out :-)
Can u do a video on the Dow theory and compare it to your macd strategy?
NO WAY! You got this guy to do a video that's awesome!
Good video!!
Glad you enjoyed it
i agree with you on growth investments but as far as passive investment etfs i disagree. Why would you sell and buy a passive investment if your collecting the dividend monthly .
The drawdowns often far outweigh any dividend. But im with you on ETF's and index's I use a different approach of averaging in after a decline but only because they are diversified instruments. single stocks is a no no
@@FinancialWisdom ADVDX had your approach of buying and selling and capturing the dividend was a poor performance at best and finally closed the fund. Buffet doesnt use such a approach. But I agree that price fluctuations can be handled best with a managed approach by being well diversified and by collecting big dividends to cut lose to your holding.
I really like Jeremy as a person and I’ve been a subscriber for a few years now but he’s just been fantastically wrong about everything. His stock picks are too speculative and he believes that the fundamentals will save these cratering companies but as you have clearly pointed out some of the stocks need a whopping 400% gain to breakeven. This is an absolutely terrible and hopeless strategy no matter how you look at it. He was right about Tesla but almost everything else has plummeted.
Pretty much
These people are arrogant and headstrong and have a ridiculous belief and confidence in themselves and overestimate the importance of research and evaluation. Evaluating a share is fine BUT, BUT the price MUST be going up!!!
@@Noaxe_Tegrinde You don't even need to worry too much about fundamentals (to a degree). You just have to be disciplined and clinical. If your stop loss gets hit, you're out. Move on. Don't chase a stock, unless it's giving you green flags later on.
@@ntartaris Totally! 👍
Why would anyone still watch Jeremy when he can’t even beat sp 500
The folks at the Motley Fool believe that in general, you shouldn’t bail on a stock based solely on its price tanking, but only if you stop believing in the business itself. They cite examples like Amazon, whose price fell numerous times in the early days but the stock went on to be a multi bagger. Just wondering what we should make of this particular buy and hold approach?
Yes it’s true but hardly any companies become like Amazon and most fail.
Hi Squarepeg - There will always be rare occurrences , its a bit like the survivorship bias, people remember the good trades. Even in Amazon's case, you could have reinvested when the moving averages were favourable and made huge amounts
@@FinancialWisdom agreed. Clearly TA was showing it was not time to be in the stock, whilst it was tanking. Inversely, they would have shown the right signals to get back in at the bottom.
All stocks go through cycles. Knowing what to do in a bear market is important. You can sell options and collect premium while you wait for the market or stock to turn around. Tesla and Nvidia also had a very bad 2022 but have turned around nicely in 2023. The technicals and 20 week moving average can help you avoid big loses.
If everyone on the planet follow this approach and don't trade against the long term trend then he'll make money in long term and can even enjoy a happy life.
Market affects portfolio but more than that it affects the mental health. Hope one day this is taught in schools.
I tend to agree!
Great video
Thanks for the visit
Do you have video for 20 ma and macd strategy...
My strategy on the website, but yes many of my videos discuss the MACD
@@FinancialWisdom I saw your website I would like to buy blueprint of your strategy... but here I have few questions... I cannot invest in us stocks... but I may open a forex broker account and they do offer us stock trading... do you think that will be ok to using your strategy... secondly I have local broker account in karachi stock exchange will this strategy help in this case
Alot of Jermys positions before the loses had massive gains, by not selling he does not incur the taxable gains but in turn he lost even more by holding? maybe he should have sold then bough back in incured the taxes I thought about doing the same
It doesnt matter how you look at it, you will pay taxes in the end so it should not come into the selling decision
Could you test your MACD 20MA simplified approach to crypto? On BTC, ETHE and Sol? That would be very interesting. I think it would prove true all the same
What about dividends? Retailers buy and hold just for the dividend yield, especially in Australia.
That's a poor tactic....what use is a 5% dividend yield when you can save yourself from a 30% fall?
At his own detriment and possibly at the detriment of many subscribers, he has openly stated he hates technical analysis. I can never understand these people who have to be 100% technicals or fundamentals. Why not incorporate both? Makes no sense!!
Yep that is the approach I take...
MACD is one of the most common indicators out there, and can easily be automated (and probably is)...are all these people using that simplified strategy winning then? someone has to lose right?
what you're saying does make sense, but i don't believe it's as straight forward as using MACD and MAs...can you find instances where this method fails??
I'm sure there are many, my personal long term win rate is 55% meaning 45% of positions fail, yet its still very profitable, i,e when I lose I lose small, when I win I win big. The problem with his approach is that he can win a lot but also lose it all. Risk/Reward is the key factor
What are the impact of rate hikes and stock market historically?
Varies.
Main issue here is the companies he was investing in did not have quality metrics, with the exception of Facebook. If you are investing in solid stocks the issue with the MACD strategy is your constantly selling and buying and often buying in at higher prices. Take MasterCard as an example, high ROE, ROIC and net margins. Could have bought early in 2012 for $34. If you would have held to today you would have 10x your money in 10 years. Even buying and selling on a weekly MACD you would have bought and sold numerous times and for what? To sell a business where you earning a high ROE with high net margins.
There are so many variables to consider. Opportunity cost is one, if you sold Mastercard at varying intervals you could have been invested in something else moving upward. The reduced drawdown can allow you to use leverage thereby enhancing the trends up.
Personally I dont just use the MACD and MA, i need a breakout of consolidation and the raising of a stop loss underneath the wick of a closing weekly candle at the MACD cross down - Following such an approach is very good financially.
I didn't know Jeremy. His channel looks more like cheap betting intertainment than education if any sort...
I guess it does, he actually has some good knowledge but he's missing the risk elements, shame..
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Any loss of 7-8% from stock buy.... sell... O'Neil Strategy
Well done, Hindsight is still 20/20
Thanks for Your wonderful videos! We can really see that in every video You post indeed You put into it a lot of effort and thoughts!
Always looking forward to the release of a new video from Your account!!
It is really said to see how people are willing to follow and PAY a person like Jeremy Lefebvre from Financial Education that made the majority of his money from TH-cam and courses when clearly DID NOT built his wealth from correct investing…and actually proved to even underperformed a simple VT index found!
Thanks again for Your wonderful videos!!
You should do an update lol 😂
I should😉
If you want to hold on to your long positions, there is the possibility to hedge your long position. You don't need to sell them. This is what I cannot understand. He is the typical retail investors who can just buy and hold to monetize on the Ponzi in the economic cycle. "Stocks always go up" ..."Just buy the dip". ..
So true.
You are perfect trader.
I wish.... although I guess I'm in the top 1% but far from perfect
I don't know why people are so obsessed with the phrase time in the market beats timing the market. They are playing with individual stocks, not the whole market
Absolutely
Investing in stocks is not like putting your money in a savings account that pays 10% annually. Returns will fluctuate from year to year, some times dramatically. The 10% return is only an average of some bang up years and some gut wrenching years.
I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...
Building a good financial-portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.
very-true, I started investing 2016 and that same year I pulled a profit of about[$600,000]profit with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisor, so you don't necessarily need to be a perfect investor, just have a professional assist you.
@@ahmetdeniz3379 How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.
@@maisierowe1753 Valerie Aileen Boisvert is a Pro that provided me with entry and exit points on the securities I focus on. she is verifiable.
I joined his group and bought some of the stocks… started to lose on a bunch of them sold out of positions and put into amc just before the big run made all my money back haha. Then started my eduction on day trading options and never looked back !
wow good video
Remember in Bull Market is everyone holding long is a genius.
So true
Awesome
Thanks 🙏
He made some good points but he's looking at it strictly from a technical aspect. Jeremy looks at it from a Fundamental aspect. He looks at who is the CEO, Revenues, profits, cash flow, future projections, brand and so on. The guy in this video is also a trader not a long term investor.
Hi Detorreon - My personal approach is actually tech and fundamental using weekly charts, often making me a longer term positional trader. The purpose of this video was simple how Jeremy could have used technicals tools too, just like I do.
@@FinancialWisdom True. It's all based on the style you are comfortable with at the end of the day.
I don’t believe Jeremy has a grasp on fundamentals, eg. Oatly which he has been pumping, has he looked at the input (ingredient) prices, spiralling labour, energy and transport costs. He believes future growth is consistent, much like a pyramid or ponzi scheme. Brand: just because you like the product or it’s brand name doesn’t mean you should buy the stock, seems to be his rationale.
I love your wisdom and your channel 100%. Your MACD weekly method had me take a look at $REI I could be up a good bit by now if I would have learned this moons ago.
Thank you for all that you share. Make it a great weekend. I look forward to your next delicious trading course. Soon as I can afford it, I'd be honored if you'd mentor me.
Excellent! I don't have a trading course but I'm happy to be a mentor in our forum👍
People are just dumb. Educate yourself first. Clearly, buy and hold doesn't work, unless you buy the Coca-Cola and count on dividends. Greatest traders in the world are day traders or short term traders, like Jim Simons who has 60% average annual returns for years.
Like your remark that this booze stock didn't grow like the plant ... could be that Jeremy has become victim of star dome as he wanted to keep his followers on the hook and acted accordingly "The show must go on ...". The market delivers all kind of stories, some with a happy end some end in tears or become tragedies. Successful traders are like drops of water on a fountain ... not always on top but they never drop.
and i need to add that jeremy has no concept of asset reallocation, sector rotation - most of the stocks are up so much that the capital needed to move it just a few percent is insane. with that comes of couse aswell the topic of profit taking - these people 7x their money and let it run back 100% plus some more and then keep adding.
Why checking EMA and MACD if you would anyhow place a S/L in regards to your risk management when investing into single stocks? This dude should have lost between 5-10% max in total only.
Are you saying that buy and hold is bad?
yes, it is really bad. during bear market, you wish you were not in the position at all
As with most answers 'it depends'. Averaging into an index long term is a decent approach (although can be optimised further), do the same for individual stocks (mid cap and below) is not good.
Marrying yourself to a thesis is how I lost 40% in an account. Was certain things would go down. The last bear in the market so to speak. 🎉🎉🎉🎉
Everyone is a genius when the market is going up.
I just have one question. What about the tax implications of this technical approach?
Won't that anyway eat into the profits?
Of course, it's an amazing strategy for most fundamental stocks as well.
You only pay tax on a profit, so if you are worrying about tax hen you have picked the right approach. In either scenario you have to pay tax at some point anyway, unless of course you use spread betting or a tax sheltered account
Thank you EmilyA1Trading for the.great video...I started up trading and investing as a scared individual that doesn't want to loose money I'm glad is finally paying off bought my first house through it. Hit 30k today
ruuuuuuuuuuu
There is a loser in every trade. A buyer and a seller. Jeremy got smoked
We are all geniuses in hindsight. The man clearly didn't pick the right stocks and doesn't have any risk control system, but this trading approach prohibits you from compounding any serious ganes. I have stocks that compounded to about 100% gains in 3 years. Would I have those results if I traded each time the MACD turned... No.
No you would close and put into another growing stock. From a risk adjusted perspective the macd will win
Well deserved loss no front but come on why did he buy shit…
I like your approach to the market , you are now in the elite company of financial channels I sub to! You are in elite company none of the bozos like Jeremy I stopped watching all those clowns years ago. They are just clickbait fools that parrot what they hear on TV
Thanks John🙏
Nice video, Jeremy sent me here…Reeeeuuuu
Did he? 😁
You are missing the point. Take a minute to stand back and think. What does Jeremy care if he loses money on his investments. He’s making money from you
Just remember, Jeremy personally never loses money. His investments are pretty irrelevant. He makes his money selling courses and share tips, with the odd pumped stock thrown in, not from his investments. Every person who signs up to his courses, makes him money. That is his business model. He comes from a background of selling courses on investing in real estate, it’s the same scam model. Not necessarily illegal, just immoral. It is the same model as others, for example, Robert Kiyosaki, and is as old as the hills
Back in the day, people would be invited to a hotel for a ‘free course’ on how to get rich through real estate etc. only to receive high pressure sales for signing up to other courses, investment newsletters or mentorship.
Obviously he would prefer to be a successful investor but it’s not crucial. The only difference between Jeremy and ‘back in the day’ is he doesn’t get people locked into a hotel room for a ‘free course’. He has the internet instead.
Treat his videos as what they are, enjoyable entertainment. But realise it’s not investing that makes him money
I agree, its just a shame that people are losing or have lost their savings from his advice.
@@FinancialWisdom There are two sayings pertinent to investing:
“if it looks like a duck…quacks like a duck..it’s a duck”.; and
“If you’re old enough to invest, you’re old enough to go to the toilet without someone holding your hand”
Poor jeremy
He's definitely not poor :-)
@@FinancialWisdom however he's not as rich as last november 😂
Except he keeps buying the dip so his average loss is lower than the projections.
Percentage wise maybe but monetary terms he keeps losing money, sometimes its easy to hide behind a Percentage, it depends how its spun...
@@FinancialWisdom I only really look at percentages myself, so I'm biased here. But I don't think the dollar amounts matter as much.
If you double down on a losing position and it rises back to zero percent, you still break even. Even though the price is beneath your initial purchase price.
@@redgladius9919 yes but if you double down on a stock that goes to zero then you double the loss. There are so many factors missed with the old buy and hold touted by wall Street to line the bankers and fund mangers etc. Opportunity cost and inability to use leverage are probably the most significant.
Jeremy chime in or what? Explain yourself man.
This must be the best stock chart boy out there hehe Except it's after the collapse haha I wonder how big investors like Buffett running to the indicator when stock sells of. 1 thing tho is Jeremy why need to upgrade his portfolio to less spec stocks. How about your portfolio wonder kid?
Far better than his😉
@@FinancialWisdom Sure,,,,, in the market words or in this case writing is worthless. One thing for sure is Jeremy may needed to upgrade his portfolio a bit about the crash you were the only one that knew about it
@@ronaldoalv17 warren buffet moves markets, he is a giant octopus that kills whales. his name is a quality sign for investors. people praise him for his value investing but plus the value estimation he picks brands with very strong brand recognition. so his name and the companies name are somekind of cross promotion for attracting more capital. i dont think any of jermies investments even know he exists
Entertaining guy and probably a nice person in life but his picks are really bad and he doesnt know how to let things go. Some of his stocks are so bad. He will never ever get ttcf losses back. Look at that company up and down. They arent a healthy company at all
No its not the best approach, I assume he can suffer the losses from is youtube income...
Buy n hold good stocks will outperform all technical trading. That being said, other than Tesla, Jeremy has junk stocks. I'll bet you, Mark this date.. put up your portfolio vs just Tesla until 2030. Let's see which one outperform which..
Not that straight forward, with buy and hold you can't sensibly use leverage, meaning the cash returns are way lower. Its like buying a house without a mortgage, it's not a financially good choice compared to using the leverage of mortgage. It's a key variable buy and holders don't understand
@@FinancialWisdom as I say, put your own portfolio up.. 100 percent transparent with every single trade.. compare to just holding Tesla without leverage.. see how you perform...
@@ezerratchaga my website/group discloses all😉
@@FinancialWisdom your return over last 5 years?
Hahah, buy and hold never works. You have just explained position trading, that is not but and hold.
Missing your point sorry?
This is a bit of a silly comparison with a lack of understanding of Jeremy’s investment approach. He’s betting on the fundamentals of the businesses and buys if the price makes sense. He scales in and out of a stock and dollar cost averages if it dips. He’s not into timing the market at all. Peter Lynch and Warren Buffet are doing the same thing as Jeremy. The difference is that Jeremy is leaning heavier to growth stocks, which gives him huge profits in up market, but also big dips in down markets. If you are right about the fundamentals and continue to dollar cost average you will be fine.
Hmmm we will have to agree to disagree😃 If he combined technicals with the approach you suggest he would be far better off in sooo many ways. People often quote Warren Buffet and the likes, this is mainstream stuff, but they have a different set of issues to deal with entirely, which means they cant manoeuvre the positions like most normal investors like Jeremy can.
He has half the picture unfortunately, give him another 10/20 years and he will hopefully understand.
@@FinancialWisdom Well, Jeremy kind of tried to do something like that around 2015 and lost money and returned to the non market timing approach that he is using. It could of course be bad execution, but it is a difficult thing to combine long term investing with short time trading. I think it was Paul Tudor Jones that said the most common mistakes investors are doing is to not have trade time horizon aligned with idea time horizon. It is easy to get messed up if you have a long term idea horizon and try to do clever things short term.
@@blaavass fair point. He does use the 200 dma himself I believe.
@@FinancialWisdom Anyway, thanks for all the great content you are putting out!
lefufu got destroyed and so did his fans
Sounds like cherry picking in hindsight. Timing the market with MACD.
Cmon man
Its actually not difficult to limit risk with simple indicators
@@FinancialWisdom in hindsight it's always easy to find some indicators or say that one should have cut losses. The market could have rebounded anytime since November man.
@@maveri.k I agree, but if the market did rebound triggering a positive MACD and MA then he could have gone back into the position, there is no point risking all his equity into stocks with downward momentum when he could sell and get back in (with more capital) when momentum returns.
@@FinancialWisdom If I might chime in here sir. Keeping trading complicated and lack of honest mentorship is the way I lost 10k.
Its easy to get addicted to countless hours of reading hundreds of trading books, research, staring at tons of charts to try & make sense of it all, stared at Time and Sales prints all day, then before too long my trading charts all resembled an anime coloring book. SADLY and HONESTLY the color red was all I saw with regards to profits. Oh but my charts were drawn beautiful like a super model!
.
Most people don't like or respect any wisdom that isn't complicated to acquire, nor do they enjoy anything that's affordable.
I'm talking about me okay folks? In the past I'd rather buy a crappy $100 stock, instead of a $5 super performer.
It's just the sick minded way of our world. Learning to keep trading simple is the best idea I've heard so far.
Even if I have to go relearn all the things I THOUGHT I KNEW, I'm game if that helps me manage risks better and turn profitable.
It's not hindsight if it's repeatable! You should always have some sort of plan to get out of a position if (and when) it goes against you, technical indicators are more than capable of allowing that... even the worst lagging ones will give you an edge in that respect, cutting losses is at least as important as making money. If you cut losses in a downturn then you have that cash to invest on the upturn, it's survival. Reading the comments on Jeremy's videos is eyeopening as much as watching his videos is eye-watering, everyone seems to be praising his fortitude in diamond handing his "investments" regardless of how much they fall, it's almost like holding in the current market proves his machismo, perhaps the commenters feel the need to validate their own choices.
Make this video a year from now again. And we’ll see where all those sticks are. Plus almost every investor is down rn this market is brutal and there’s nothing u can say about that. Traders are a different story but investors are generally down rn
Hi, there is something I can say about that, exit when the MA indicators advise, something huge finds cant do but retail traders can. Its so simply frustrating
@@FinancialWisdom so do you think he’d be wrong , if he keeps adding right now?
@@diego209franco5 no I think he was wrong by letting the losses get to where they are. He was no doubt influenced by the ego aspect of selling a loss
@@FinancialWisdom yea that’s true , nice content !!!