Trading 101: Understanding Pivots to Accelerate Winners
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- เผยแพร่เมื่อ 10 มี.ค. 2020
- #Stocks #Money #Trading
Learn how to look inside of candle stick charts to get better entries, stops and target.
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Hey Jared, dont quite get the risk reward ratio, 3to1 12to 1....what am I missing?
Jezz man, you do lecture a lot. So much emotionality for what?
@@albertcamus1979 3 to 1 is gambling thats all I know, I trade
Tried getting trial, links are broken for this and paid version
@@calabaza1702 it's your risk to reward ratio. If you risk a dollar but make 3.00, then its 3:1. If you enter into a trade at 2.00 and set your stop loss to 1.50 and your target is 3.00 then your risking .50 a share and looking to gain a dollar, so 2:1. Your total exposure would be .50 × amount of shares. So if you bought 1000 shares, your risk would be 500.00 and your target would be 1000.00 at 2:1 or 1500 at 3:1 etc. At least from what I understand anyways. Hope this helps.
Nice video. good job!
one of my favorite channel. learn a lot
I find it hard to calculate the base pivot point, also the resistance levels
@@tylermadison7283 how do you do that?
As a beginner where do I start from to get knowledge about trading.
how does on get to the trader
There's a lot of B.S. info on the internet... When I first started trading, and saw your videos, I had no idea if you were legit or not. Now that I have some skin in the game, I can definitely say you know what you're talking about. Appreciate the vids!
Jared is not legit! I wanted to get rich fast, but he tells me it's impossible. He crushed my dreams, damnit! Now with my dreams of becoming an overnight billionaire destroyed, I do nothing all day but cry to my mommy! Thanks a lot, Jared! 😝
@@ZhangtheGreat Lol.
its the only channel out there which I cannot afford to let a video go without paying a lot of attention
Not only do I learn a ton from your lectures, I always get a few good laughs too,,lol,, thanx.
thanks I appreciate it!
Jared, I am just getting into day trading, and have watched 20+ of your videos. I have been taking 3-4 trades per day risking $5-10 max with a portfolio of $2000. ($8000 in blue chips currently). In the past 4 trading days I have accumulated a profit of $212! 10.5%! I know I am new and I most definitely will take it slowly, but you have added tremendous value to my trading and I really appreciate it. From you, and experience, I have come to learn that the patterns themselves are easy, but the management isn't always. Honestly one of the biggest things I have taught myself is to trust in the process and the patterns. If I make sure 5,6,7,8 things line up, the odds are in my favor and if I lose, well, that's just 1R! Thanks again.
This is undoubtedly one of your best videos.
Ahh Jared, this lecture is screaming at me. I took AMD long today, took 3R (which is part of my plan) and it went over 10R today haha. Man, my rules are take 3-4R on the first trade (depending on the risk level), then ride subsequent trades for bigger moves. AMD happened to be the big winner today haha. Thanks for all your priceless lectures, very helpful and I watch every minute.
What I can agree with you is about a "Stop loss" Young traders adopt trading strategies that never use stop losses this is Pro stuff right there!
your lectures never get old mate .. awesome stuff
Gotta say man, your teaching is second to none, I spent $3K in the year 2000 learning to trade stocks, options and warrants, learning walking sticks and candles (love candles) and what you are teaching is better than what I paid for, and they were also professional traders (no CFD's back then though - only options!) Thanks brother for your knowledge and skills imparted.
i cant tell you how much i appreciate your content. after watching your videos things are finally clicking and im seeing more consistent gains.
That's awesome to hear...Glad I could help!
He does it gain totally changing my perspective on support and resistance levels and pin bars. Never looked at it in that way. Feel more logical and give more confidence when taking a trade. My number one guy. Love this guy!!
Best price action breakdown of candles & time frames for scalpers I've seen. Love your video's.
For sure one of the best chart analysis vids I have ever found on YT. It changed my view of what I thought I did know. Thumbs up !
I made $30,000 last week alone from trading. I attribute a lot of that to you and your brutal honest way of teaching. Thank you!
He told the ladies to "Girl Up". Haha! That's awesome! I've never heard anyone say that.
It should be “woman up” ... no one says “boy up” so it’s a back handed compliment to women
What a valuable video. What a jam in the mud of TH-cam videos!
You're like the classic Italian cousin/uncle that teaches you life lessons every time you see them, while making you feel like an idiot for how you viewed the same subject. But you respect him so you don't feel bad at the end of it all.
This is why I keep coming back. Thanks
"Which one has More Support". Genius explanation. Thank You!
NO words you are my Jeff Cavaliere of trading to me. Amazing content
I have been lurking on this channel for quite some time just learning as much as I can to know what I'm doing and looking at. I can honestly say this channel is so under rated. Tremendous amount of knowledge about the market, from how it works and chat explinations, to setting up stratigies. Seriously, great work. ..... also love the rants in the beginning
Absolute gold Jared. Loving the candle stick analysis when breaking down into lower time frames. Thanks
Just when I think I know something, you show me that I don't -- thanks for helping me grow! Have been trading/investing in the Market for more than 40 years, but your instruction makes me feel as though I am new to the party. Thanks, Jared, for exposing us to tons of Truth and Wisdom, and thanks for helping an old dog become a "born-again" Trader!
By far the most genuine channel and trader in my opinion. Jared keeps it simple and to the point. I just discovered Live Traders a few days ago but yet have learned the most. I am really considering taking his course. Appreciate all your content Jared.
I just wanna say i got stopped out today on a trade and implemented the 84% rule by getting back in the trade on a sign of strength and it ran. Your a very good instructor and when I have a minute to sit back and watch you I'm definitely going to subscribe to the chat and show my support.
I learn so much from your channel that I ordered your course as well. I have to watch focused. There is no entertainment, just education.
A perfect lecture. I am a beginner trader and this has extremely changed my trading understanding. I am struggling with my entry and exit trades. Thank you so much. Keep it up. Dan.
The best trading TH-cam channel. Thank you so much Jared for all your work!
Loved it, Jared! The two pivot management videos of yours are eye opening to me. Together with the bar reading, really helps me connect the dots. Thanks a lot for another 5 star video!
Awesome, glad you enjoyed it!
So glad I found this channel. What great content and resources! I'm a beginner and absolutely love all there is to learn about trading. I was injured on the job a year ago, having something to look forward to every day has been a blessing for me. Keep up the great work and thank you for taking the time to help others who are interested in your craft.
I get what you’re saying 100%. But! It’s not the market people are scared of. It’s the dollar. In the history of Earth there has never been a fiat currency which survived. That’s a pretty reliable statistic to rely on. Love your videos. ❤️
Bottom tail tests and battle of bulls and bears making supports. Just increased my understanding of price action principles. 🤑
Great content! I love that you are always commenting charts as if they were unfolding in real-time.
Thank you for your videos - they are very clear. You are a great teacher with a definite plan of information, no distracting ‘ums’, ‘aahs’; you know what your teaching points are and you clearly state them. I appreciate your time and effort in your videos. 🤗
Thanks, I appreciate the comment!
dude! im really loving and appreciating the way you teach.... you make the hard stuff so easy to get. Im grateful!
love this lecture, especially the misconception part. very true to all starting individual out there
. .got subscribed!
Hey Jared I've just found your channel a few days ago, watching every video I can takes down notes and screenshots probably the best channel for learning to trade can't believe this stuff is free thank you man I really appreciate it! I wake up everyday at 6am to papertrade treating like real money learning new things every day...I began a year ago with options knowing nothing threw in $1,000 was making money at the beginning and that gave me this false expectation "like man this is easy" and then lost it all...oh how naive I was ha
Thanks! Control Risk at all times...if so, you'll be ok.
Santos so true. You should come study w us. Winning early when learning just means the lost will be brutal as hell. Lol. Tons of free info there.
Your videos have changed my trading mindset and have help me take my trading career to a whole new level! Thank you!
One thing I learned while playing texas holdem. Is EV plays. Basically it is 1 out of 3 times you win. So even a bluff can be profitable, with a decent raise say 1/3 pot bet. With a hand that can improve. If a player is known as someone who often folds.
Cristal clear explanations. Absolutely honest and fundamental clues.
Thank you so much teacher 👨🏫 Jared your the only genuine trader on TH-cam who tells the truth and it’s much appreciated man ,hope you never stop this channel man 👍👍
the way you lecture is too good jared.love u man. i wish my college professor can teach like you.
the intro in this video is appropriate to watch again in February 2022
Great Video. I learned a ton. I am using small sizing and it is the way to go when starting out. Patience is key. Stay in trades by doing the trade engagement...it really makes a difference.
what superb spin and perspective you add to things - thank you sooo much
Wow.. top 5 trading video I've EVER watched. Market commentary, the abstraction of timeframes, technical look at supports AND calling for perspective in what was (in retrospect) about the worst of it (thus far)...Well done & Thanks!! TC2000 has 3 day bars, including them helps perspective & insight. And great job pointing out the fallacies in a lot of the mantras.so true. so easy to look at a chart, but knowing my own tendencies, I've broken huge uptrends into a few smaller, fragmented tradable ranges, and that's the reality we have to work through.
Great video as always Jared. Love the no nonsence approach on the one hand, and the depth of the technical breakdown on the other. Keep 'em coming Jared. Appreciate the amount of time you take doing these and the fact that you are such a generous person, that you share your passion with others in this way. God bless you and yours, and thanks again Jared.
Thank you. I learned from your videos that to be a successful trader, you have to open the door in the room to get good air.
I get so much from this channel.Thank you
I have two friends I talk about trades with daily. I spend alot of time watching and trying to understand your thoughts. They spend time watching news ignoring charts, and seem to do way better than I am. Nonetheless I still find your knowledge valuable and hope it pays off in a couple years from now. I'm sure it will.
Thanks Jared for your insight to trading candle sticks, so much in a little package.
Well done Jared as always! I started last month and thanks to your videos I've learned so much of do's and dont's in such a short period of time. Don't ever stop what you're doing man! I will look back to this comment years from now with more money in my pocket and I owe it all to you!
Godbless you and your family. Thank you again!
#longlivelivetraders #noBStalkjustfacts
Thanks I appreciate the comments!!! Cheers!
Man I cannot thank you enough for helping others, I have learned so much more from just watching one of your videos over and over rather than watching ten other “experts” combined. you could be making money with the raging bull team 😂 but your not!(integrity)
Thank you sir!
Thanks Jared for the great insight again! I learnt so much from you from all your videos. Especially on risk management, money management.
Mr.Jared Wesley.
Thank you for this video. It's change my personal way of trading.
I still loosing, but i start to see the changes.
Again, thank you!
i wish you the best!
Thank you so much....learning so much from your videos! You are one of the very very few that are brutally honest and its extremely refreshing. I am still very new and am finding myself making all these mistakes you have mentioned!! Thankfully Im still trading on a Demo account so its just practise at this point in time...but your advice is rock solid! Thank you again. Keep up the good work!
Loved this lecture-I learned a LOT! Thanks Jared!
Thank you so much for sharing your insights! 🔥🙏
More dope than the local police evidence room!
Thanks for this video. This is one of the best ones you have made yet. I have a ways of learning to go still BUT things are finally starting to click thanks to this video you made. Thank you!
Thanks I appreciate the comments!
Hey Jared thanks again for your video. Great as always. I switched from paper trading to trading with a $10 risk on a 15k account and I am learning a lot while at the same time being relaxed. Real life trading and paper trading are two different worlds.
thinking about making the switch from a paper $10 risk to real money. I have a hunch it will change my behavior for the better. I'm making 'money', but doing everything else wrong
@@choochy2 I think it makes sense if you are profitable paper trading. However, don't expect the same results. Emotions will most probably start to kick in once real money is on the table and it takes some time to get used to it. At least for me that was the case. I am taking less trades and am generally more careful checking all my points on the checklist etc.
I am always trying to consider all the things Jared taught in his videos.
P.S. make sure you get a broker that does not charge vast amounts of commissions...
@@srgxor Once real money is on the table, there's no way I'm going to overtrade like I am now (I tell myself). Paper trading may actually now be doing me a disservice as I subconsciously know it's not real and can.....ahem....gamble. I can only image the berating I'd get from Jared. :) Thanks for your reply
@@choochy2 No worries. You listed exactly the reasons why I went to real life trading mate.
Yes simulator and real money are vastly different...Great job keeping your risk to $10!
28:40 opened my eyes to something I had never thought about. TY
Thank you Jared. Love the weekly lecture.
Thanks!
We haven't seen quite this before. In 2008-9 whole industries weren't shut down completely. The market will survive, but I think we will see changes in the psychology of investing.
another great video, as always. I did not know the wicks are that important until I watched this video.
Thanks A TON Jarrod! Learned a lot.
This video was awesome and I learned a ton. Love the value you bring to the table. Thanks #relax
You give me hope. I’ve been trading for 1 year and i have taken the biggest losses ever while trading low floats stocks that have no real direction.
Thanks...Risk control and money management are KEY!
Thanks. As a newbie I needed to hear this! Relax giirl
“She asked me, what’s your favorite position? I said: CEO”
Spencer Bergman, rofl
LOL
😂 🤣
This is a very very valuable video! Very helpful and powerful information. Thank you for sharing!
very very practical stuffs you broadcast here!!! Appreciate your effort of sharing your skills with us!!!
I love how real this guy is
This is incredible no nonsense info.
Your videos are so helpful ... thank you for always helping us out !
So glad I subbed to your channel. Always get clarity.
Great! Thanks for the sub!
Thanks for sharing your insight, much appreciated.
Loved loved this video Jared. Wow I had know idea about what these candles represented in that form thank you very much for this lesson.
Awesome! Glad you enjoyed it!
Great content. Really sound and insightful advice, but also entertaining. What’s not to like? Thank you Jared!
Man I’m really enjoying your lessons. Thanks for the holistic approach. More lessons please. Love from India.
I don't know how I come across this beautiful stuff and your patterns ... currently iam trading the open with my own startegy which is similar to yours but I found a lot of patterns to day trade at every point of time thank you so much for providing this stuff free.and iam not from USA iam from India...thank you ...love your book professional trading strategies
FANTASTIC, Great explanation!
You're the man..💪🏼 Thank you so much for the great lessons.. Greetings from Denmark..🇺🇸🇩🇰
Kept this on my desktop because I figured I’d need to watch it again. Yup. I was right. Good stuff. 👍
just awesome content with amazing blueprint guidance for all traders out there .. thanks master
Realy like how you teaching and your attitude
I seem to have so many “aha” moments watching your videos. Thank you.
Thank you for these free lectures greatly helped me control my biggest problem which was risk management
Glad to help!!
Love the video... I have gotten better, but now that I hear what you have to say I will most likely get even better...
Fantastic video Jared! Thank you!
Thanks for this Video man! You are the real deal!
Thank you for yet an informative lecture!!
This is a plug for Jared and Anmol... Live Traders, and what they're all about. I am going to copy and paste this comment to every video I watch henceforth.
In trying to educate myself over the years to be a trader I have literally spent thousands, and thousands, AND THOUSANDS of dollars, and put in hundreds, upon hundreds, UPON HUNDREDS of hours of study.
I have read countless books, watched countless videos, attended countless webinars, and learned countless principles. I’ve bought and tried different services like IBD, Motley Fool, Seeking Alpha, and have been a member of different trading rooms that I won’t mention by name… all with less than helpful outcomes, and some with DISASTROUS outcomes!
But the major problem, I would say, is that so far what I have learned THAT HAS BEEN helpful or valuable I have had to piece together from multiple sources. It's been a jigsaw puzzle to be sure, and I'm still not done.
Live Traders... this channel... these guys... they're covering it all (and more)! There is no doubt in my mind, NO DOUBT, that this is the best teaching I have had yet, by a HUGE margin! THE BEST! The reason? It's extremely comprehensive, and I mean EXTREMELY!
My background: mid 50's entrepreneur who's been married to the same amazing woman for 26 years. We have three beautiful daughters and live in a small town in central Alberta, Canada. We have saved hundreds of thousands of dollars and have a net worth approaching $2.2M. But here's the thing; being in the service industry for as long as we have (we have owned and operated a popular fast food franchise for the last 16 years) is VERY hard and takes a lot out of us.
As such we have been on a search for ways to be able to finally retire from it and enjoy life; traveling with friends, camping, fishing, hiking, skiing... whatever it is we want to do! In order to do that we need to be able to supplement our income, b/c we have no pension (unlike those of you who have have been working for your paycheck and - hopefully - DO have a pension); what we have is what we've saved, so we need to keep money coming in. Our plan has long been to learn trading and get very good at it.
This is the road that has led me here... to Live Traders. I have watched enough vid's now to know I am home. I have a lot more to learn, but I am extremely confident that with their mentorship I am gonna finally finish this puzzle. I am also a member of their chatroom (just joined) and have seen some REALLY good trades called out and even taken one under their watchful eye. Finally, I will be taking the Professional Trading Strategies (PTS) course, after which I'll start trading in the room more, but even then it'll be with a $10 risk to start; the goal is to learn, learn, learn with VERY little risk… the money will follow in time.
It’s taken me 2 hours to write this review/comment, but I wanted to make sure I did it right and communicated effectively!
Thank you Jared and Anmol! THANKYOU!
Thank you for giving me perspective, great!
Thanks again for this lecture. I just finished watching it again and look forward to applying this pivot reinforcement to my management tomorrow. I'm doing pretty well with my management... just need to get a bit better on picking my entries! (Have to stick to the checklist!)
Thanks...Glad to help!
Very detailed lesson, thank you!
Very useful content, helped me a lot thank you
Jared, u r the man!! u gimme n every1 hope! God bless u for having such a good loving heart!!
Thanks, I appreciate the comment!
Great luctures! Thank you very much!
Damn, Jared. I think it finally clicked for me. The setups, support and resistance across multiple time frames. Had a couple good trades this past week based on exactly what you're saying. Been struggling for 2 years, barely break even. Time to change that and continue to enhance my consistency, knowledge, discipline, experience. You and Anmol are great. Thanks man!
Great info you help a lot of traders.keep up the good work.god bless you jared🙏❤️