This is what I've been doing as of the last week and it has CHANGED my results. I ONLY take trades in which I have the 7,50,100 emas on my side, the MACD and RSI or CCI create confluence, and a break of a recent strong line or pattern.. I NEVER trade in, ONLY place trades at levels that will fit those criteria and let the market PULL us in..tight stop cuz I DONT want to be in anything that is not ready to RUN! DONE DEAL! THANK you for this.
Thank you Kamlesh, I'm glad you liked the video. I did another TH-cam video on how to choose your time interval for intraday trading. You can watch it here: th-cam.com/video/tWbFj76NFiM/w-d-xo.html
Mr. Barry, you're the best trading educator in the world. I just love you and hope one day I make enough money with your strategies to afford your mentorship. Somehow pay you back the 5 figures you paid your mentor. 😃
Sir Barry, you are the master in trading your strategies are super genius & simple, i just made alot this week using this strategy for sure "the trend is your friend until the end" thank you Barry!
I used to use 20sma and 50sma and then realized that the masons with unlimited money like 33 and that 20 and 50 are just free approximations of the 33sma. In fact 33 is nearly halfway in between. Think about it.
Moving average cross over the system can filter out a lot of the noise in a chart and give signals with better odds of a true trend emerging than moving average alone but the SQB-AMAC strategy is way more profitable than moving average crossovers.
Hi Roshan, go to www.IndicatorWebinar.com - a free recorded session where I show you not only how to set up the indicator on your charts, but how to trade it.
Dear Barry, Please , could you tell what chart is that? 1 hour or 1 Day Chart? short term or long term? Thanks very much!!! Great information as always ,,,,,,
Great lesson Barry! So what if the retrace comes all way back to the 50sma? In test trading some of my biggest winners gave been from buying or selling off the 50sma! Would you consider that too deep of a retrace to take?
Thank you Scott and good question. On a simple retrace, it would be too deep of a retrace. However it's a complex retrace and good back to the 50 SMA then I will still take the trade if everything else aligns.
First video I've seen by you and I like the way you present things. Honesty I love the way you have this chart set up. I'm trying to find a healthy mix of price action and MA's. Looking forward to trying this combo. I also learned painfully today to never trade against the trend haha.
Interesting strag.Haven't tried this combo ,been using a 34 & 89 with an occasional 8, all EMA's and the usual long term 200 , lets see what happens......
There are no "magic" moving averages, but try it and if you like it, then use it, if not, stick with what you're already using if it's making you money.
It's always about the bottom line,"magic" shows are for Vegas. I try to evaluate different combinations on a chart no more than three.Whatever you use must pass a sim trading test of at least /5-100 trades to have some tradable value if it works archive it if it doesnt the trash heap.
I “sold that high” the other day that reduced my account even further. Sometimes I think it’s better if I bought that high or sold that low, it would be much better. You hold that for many reasons: 1. You realise you made a mistake but you want to recover money to b/e. At least this last time and then I swear never do that mistake again. 2. You do it of fear that the moment you are out, it will turn your way. 3. Hope, that was the top finally and now it will turn and you calculate how much points you need to make b/e. It increases with every pull back 4. You are already scared to flip the direction because you prayed for that short so long that the other direction seems impossible. Also you see no point in flipping direction as you realise the gains of it may be low and not cover the loss. So you decide: it’s better be short that will take care of the loss now. It’s better be, otherwise I’m in big sh.t and keep hoping. 5. You get to the point of don’t care any more and rage: take all my money bast...ds and it goes more 6. You start thinking it will not carry on forever I need to do something. You accept that you are going to lose finally but cannot close. The agony continues to the point when you take a courage and regret and press that bloody button. You feel a relief and emptiness. Emotions stopped like the river dried out. Yes you feel bitter but you are on the way to recovery. You can get philosophical and even brave thinking of borrowing money. But you realise what you’ve done in a couple of days. No money borrowing please.
Very well articulated! We've all been through that journey :-( You may get value from this other video on TH-cam: th-cam.com/video/9-5U_lBJ-50/w-d-xo.html&lc=Ugy9suKBFXjWWuMTBol4AaABAg
Is this 1-2-3 formation applicable to lower time frames 5,15,15 and 60 minutes. I had an understanding that this is applicable at larger timeframes such as daily, weekly, monthly etc.
Thanks, simple but very effective. If only stocks really moved like that most of the time. Unfortunately most of them do not. But the goal would be to look for stocks that are looking like your graph. Thanks
I was taught that if the candle closes above the t-line it might continue up and if it closes below the t-line it most likely continue down, isn't that the same as your 15ema momentum?
I know that thank you. Barry and Steve Bigalow have decades of experience, I don't, just wanted to know from their experience which ema is more effective.
Barry, I understand that this strategy works on any time frame from your other comments, but for reference, what time frame and security is the video made on so we can go back and match the results ourselves? Thanks.
It would take more to explain in that in a brief TH-cam comment - but one distinction I can give you is that I use the 15 ema to measure strength of simple retraces, but not complex retraces.
How can a trader stay out of trouble when the market seems to move but in reality is ranging with wide swings and triggering stop losses.This happens a lot in the forex market. What should I do when the ema's contradict each other on different timeframes? The 15 may be above the 50 ema on the 4hr chart but on the 1 hour it's the opposite. Wich one is valid in then?
Great question. That's exactly what the 15 ema helps me to determine so I know what type of market condition is happening at the moment. Different techniques are used for different types of market conditions.
Thanks for another amazing video Barry. You have a great teaching style, relaxed and non complicated. Anyone wanting to learn to trade can only get much better through watching your channel. I have a quick question: I notice you use the 15 EMA as your signal. Is there any reason why you don't use say the 14, 21 or 7 day EMA? I've noticed from some of your other videos that you have the 15 EMA on and just curious as to why. Many thanks!
Thanks For Sharing Barry, Your tutorials are really useful and easy to understand. I am Soooo Grateful to the awesome people on TH-cam ( Like You, ) that take the time to help teach us such Valuable Information. I will be sending an E-mail over to you in order to take advantage of your offer for the FREE Indicator. You ROCK Barry!
Sir Top dog, is there a paper loss in US market or only real loss. I mean if i dont sell,it will wipe out all my capital?☺ I'm interested to know..please thanks ..😁
Money is a symbol of value. When the market does down after you buy, you only have the "value" left that the market assigns to the position, whether you cash out or not. There can be distinctions on how it's looked at from accounting and taxing perspectives, but from my way of thinking, that money is lost at that snapshot in time.
@@TopDogTrading so ,I need to watch my stock always if I don't use stop loss? So why they always say that Warren Buffet invest in long-term in the stock market? How did He do it long term? Confused here..😢
I haven't found that any of them moving averages "always" act as support/resistance or "always" broken. The key is to watch the energy of price action as it goes into ANY potential support/resistance levels.
Notice where the price action rises to the MA twice in close proximity? That is a double failure and it is almost a certainty the trend will collapse into an even stronger trend past that second failure...produced 7 red bars without a single green bar.
Hi Barry, I love your videos. I'm new to trading and find the TA and charts fascinating--it almost feels as if it si the pulse of the market. As I listen to your video one question bugs me--for instance in this one...how do you figure that a trend is a trend and not a correction--I mean how do we now how long the trend will last? I'm trying to apply your principles to bitcoin trading (also a new for me) but as I look at the bitcoin highs and lows (it's been moving sideways on what I think is a downward trend) how can tell if the trend is about to change or if it's just going to go up a bit and then come back down? You mentioned the five wave--is this how you test it? Anyway, I have requested your cycle chart and am keen to see what this is. Thanks! Emma
Hi Emma. Great question! It's a bit more involved of an answer than I can explain in a TH-cam comment, but if you attend my Cycle Indicator Webinar, I'll be explaining the objective rules for how I measure trend. Hope to see you there.
There's one golden rule that you should always keep in mind and observe when you're investing: Never invest money that you can't afford to lose. Your first goal should always be to avoid major losses. Don't get greedy. Be patient. Seek the advice of qualified well-regarded investors. Keep your costs low. This recipe may not seem very exciting, but it's been proven to work for generations again and again. My advice to you guys is to ask yourself this question before risking your hard earned money what would happen if i lost my trading account ? if the loss will put you in troubles, and affect your life and the life of people around you. work with a good strategy like *Blended Model Strategy* and keep moving forward each time when it comes to having a trading plan to take profit from the market daily fortune.
Hey I gotta ask you something, you might have a vid or make one about this so let me know if you do... but about stock going up if people buy and down if they sell. If I sell my stock someone else buys it from me right? So wouldn't a sale be also a buy? Like wouldn't it cancel eachother out? I assume reading the graphs is like trying to get into people's head, like you are looking at a graph and from what's happening you are trying to figure out what people are going to do next so you can react properly
Good beginners question. It has to do with what price people are willing to buy/sell at. Basic supply and demand. If there are more buyers than sellers, then there aren't enough sellers to match the buyers orders, so motivated buyers start bidding up the price to make it more attractive for the sellers to sell to them, and then a transaction can take place. Hope that helps.
TopDogTrading ya that makes sense, but for people to be motivated to buy at a higher price they must see something in that company. I understand if dividends are good and what not but I don't understand what you get if a stock is worth 5 bucks and you get nothing out of it besides hoping it goes up a few cents and selling for a profit. It sounds great but isn't that risky buying a bunch of stock and hoping price goes up instead of down? I think my question is more in the day trading category... if this is too much we can continue over email if you want
Ah, a continuation gap is a midway gap. Its wonderful if one occurs cause it is fairly predictive where the trend will end. Is it a self fulfilling prophesy..perhaps but who cares.
For years I have followed Steve Bigalow with his 3EMA, 8EMA and 34EMA. Finally making money instead of breaking even.
Are you saying 3/8/34 did not work for you?
This is what I've been doing as of the last week and it has CHANGED my results. I ONLY take trades in which I have the 7,50,100 emas on my side, the MACD and RSI or CCI create confluence, and a break of a recent strong line or pattern.. I NEVER trade in, ONLY place trades at levels that will fit those criteria and let the market PULL us in..tight stop cuz I DONT want to be in anything that is not ready to RUN! DONE DEAL! THANK you for this.
Glad I've been able to help. Now you're on your way to becoming a trading King!
Hi
What is time frame you used and which one second MA did you used apart from 15 EMA
Good day sir, please sir, I need the second indicator sir. Thank you so much.
Thank you Barry for the simplified lesson on MA usage
You're very welcome Pauline
this is basic of trading. after watching this I remind and refresh myself about how to trade and how not to screw up. thanks Barry.
Sometimes the simple things are the most helpful.
Please give me EMAs details? Many, with other indicators to follow your suggestions, help me
Barry, your moving average teachings have increased my winning trade percentages by ( 70-80)%. Thank you!!!
Glad I could help you so much Brenda. Keep up the good work!
Sir please which timeframe should be used in this strategy?
You can use any time frame you like with this strategy.
Wonderful video..what will be the time for intraday?
Thank you Kamlesh, I'm glad you liked the video. I did another TH-cam video on how to choose your time interval for intraday trading. You can watch it here: th-cam.com/video/tWbFj76NFiM/w-d-xo.html
Mr. Barry, you're the best trading educator in the world. I just love you and hope one day I make enough money with your strategies to afford your mentorship. Somehow pay you back the 5 figures you paid your mentor. 😃
I appreciate that Richard!
50 ma and 15 ema high or close should we take
I set all my moving averages to calculate on the close Suyog.
Sir Barry, you are the master in trading your strategies are super genius & simple, i just made alot this week using this strategy for sure "the trend is your friend until the end" thank you Barry!
Hi Douglas, glad you're making money with my teachings. Keep up the good work.
Hi sir could tell me where can I get the movie avarage green and red color please?from where can I download it
I had someone custom program it for me.
I used to use 20sma and 50sma and then realized that the masons with unlimited money like 33 and that 20 and 50 are just free approximations of the 33sma. In fact 33 is nearly halfway in between. Think about it.
33 degree = 3×3=9 day EMA
So what success have you had?
20 is the most magical average use it with 9 ema 50 SMA and 200 SMA
Thanks Barry. Your good guidance is appreciated.
You're very welcome Barry!
Moving average cross over the system can filter out a lot of the noise in a chart and give signals with better odds of a true trend emerging than moving average alone but the SQB-AMAC strategy is way more profitable than moving average crossovers.
Requesting timing indicator
Hi Roshan, go to www.IndicatorWebinar.com - a free recorded session where I show you not only how to set up the indicator on your charts, but how to trade it.
When do we enter and exit a trade using this strategy? After first retracement in the new trend?
I just ❤️ you thank you for your valuable teaching 🙏
You are so welcome
What time frame is this chart Barry? What time frames do you like to look at?
Which indicator or settings make the 50 period moving average turn from green to red? Thank you!
I had that custom programmed for me John.
Dear Barry,
Please , could you tell what chart is that? 1 hour or 1 Day Chart? short term or long term?
Thanks very much!!!
Great information as always ,,,,,,
For this lesson it doesn't matter. This technique works on any time frame.
Thanks very much!!!!
Which platform is the indicator for?
Thank you Barry, much appreciated. Just wondering at what point you'd take a position?
Great lesson Barry! So what if the retrace comes all way back to the 50sma? In test trading some of my biggest winners gave been from buying or selling off the 50sma! Would you consider that too deep of a retrace to take?
Thank you Scott and good question. On a simple retrace, it would be too deep of a retrace. However it's a complex retrace and good back to the 50 SMA then I will still take the trade if everything else aligns.
@@TopDogTrading
Thank you.
How to enter in the trade
what is the name of the automatic green switch to red indicator if trend goes down?
RamsiAlianiTV MACD
No more kamikazy tradind. Thanks Barry
Right on Noel.
First video I've seen by you and I like the way you present things. Honesty I love the way you have this chart set up. I'm trying to find a healthy mix of price action and MA's. Looking forward to trying this combo. I also learned painfully today to never trade against the trend haha.
Keep on progressing Cazkey.
Interesting strag.Haven't tried this combo ,been using a 34 & 89 with an occasional 8, all EMA's and the usual long term 200 , lets see what happens......
There are no "magic" moving averages, but try it and if you like it, then use it, if not, stick with what you're already using if it's making you money.
It's always about the bottom line,"magic" shows are for Vegas. I try to evaluate different combinations on a chart no more than three.Whatever you use must pass a sim trading test of at least /5-100 trades to have some tradable value if it works archive it if it doesnt the trash heap.
this typ of EMA is valid in which time frame?
Very nice 👌 This really hard work done by you.
Thanks a lot 😊
I “sold that high” the other day that reduced my account even further. Sometimes I think it’s better if I bought that high or sold that low, it would be much better.
You hold that for many reasons:
1. You realise you made a mistake but you want to recover money to b/e. At least this last time and then I swear never do that mistake again.
2. You do it of fear that the moment you are out, it will turn your way.
3. Hope, that was the top finally and now it will turn and you calculate how much points you need to make b/e. It increases with every pull back
4. You are already scared to flip the direction because you prayed for that short so long that the other direction seems impossible. Also you see no point in flipping direction as you realise the gains of it may be low and not cover the loss. So you decide: it’s better be short that will take care of the loss now. It’s better be, otherwise I’m in big sh.t and keep hoping.
5. You get to the point of don’t care any more and rage: take all my money bast...ds and it goes more
6. You start thinking it will not carry on forever I need to do something. You accept that you are going to lose finally but cannot close.
The agony continues to the point when you take a courage and regret and press that bloody button.
You feel a relief and emptiness. Emotions stopped like the river dried out. Yes you feel bitter but you are on the way to recovery. You can get philosophical and even brave thinking of borrowing money. But you realise what you’ve done in a couple of days. No money borrowing please.
Very well articulated! We've all been through that journey :-( You may get value from this other video on TH-cam: th-cam.com/video/9-5U_lBJ-50/w-d-xo.html&lc=Ugy9suKBFXjWWuMTBol4AaABAg
Is this 1-2-3 formation applicable to lower time frames 5,15,15 and 60 minutes. I had an understanding that this is applicable at larger timeframes such as daily, weekly, monthly etc.
Yes Kumar, you can apply this to lower time frames as well.
Thank you. This tip gave me balance in my trades.
Glad it helped!
Thanks, simple but very effective. If only stocks really moved like that most of the time. Unfortunately most of them do not. But the goal would be to look for stocks that are looking like your graph. Thanks
Exactly Roman. The markets don't provide ANY type of high probability trade "most of the time." Thus "Random Walk" theory and the book about it.
How did you get the 50 SMA to change from Green to Red????
I had a programmer do that for me Ron.
Excellent video Barry. You made my day! I will be signing up for your course for sure
Thank you Tola
Barry, which is better the 15EMA or the T-Line (8EMA)?
One is not better than the other - they're used for different purposes.
I was taught that if the candle closes above the t-line it might continue up and if it closes below the t-line it most likely continue down, isn't that the same as your 15ema momentum?
I know that thank you. Barry and Steve Bigalow have decades of experience, I don't, just wanted to know from their experience which ema is more effective.
does the same concept you discussed here apply in an uptrend just in reverse?
Yes it does.
TopDogTrading thank you sir! I just started using this technique and wow, really shows me why I have been buying at the wrong time!! thank you.
Barry, I understand that this strategy works on any time frame from your other comments, but for reference, what time frame and security is the video made on so we can go back and match the results ourselves? Thanks.
it would be nice if the indicator can use with the smartphone 📱.. so do hv any idea how to implement it.. 😁
Good question, but I don't trade from a smartphone, so can't give you an answer on that one. Maybe someone else here can.
Thanks from India
What ema that you have used
Sir can u give the periode that moving avarage.are u use EMA...
Just listen to the video from the beginning
Dear sir, i want to know what specifications do you use for every MA? Thanks.
Hi Andres, I use the 15 ema, 50 sma, 100 sma and the 200 sma.
Hi Sir what time frame for candle?
Thank you kindly! Smiths falls 🇨🇦🇨🇦
You bet Ram.
Tell me Barry, do you jump around instruments when trading? Or do you stay on one or two or many particular instruments?
For day trading I look at 6 uncorrelated markets. When swing trading I'll scan thousands of stocks and ETFs.
TopDogTrading What software do you use to scan stocks and ETFs? Thanks Barry
Do both of your moving averages apply to close?
Yes they do Ronald. Thanks for the question.
excellently explained. thanks
Glad it was helpful!
What time frame would be the best for this strategy Sir?
This will work with any time frame.
Hi, if we only see 15 EMA to know the strength of a trend, why do we need to have 50 EMA then ?
It would take more to explain in that in a brief TH-cam comment - but one distinction I can give you is that I use the 15 ema to measure strength of simple retraces, but not complex retraces.
Awesome Video Barry. Great lesson and like your indicator.
Thank you.
I couldnt email you but am interested in getting the cycle indicator
How can a trader stay out of trouble when the market seems to move but in reality is ranging with wide swings and triggering stop losses.This happens a lot in the forex market. What should I do when the ema's contradict each other on different timeframes? The 15 may be above the 50 ema on the 4hr chart but on the 1 hour it's the opposite. Wich one is valid in then?
Great question. That's exactly what the 15 ema helps me to determine so I know what type of market condition is happening at the moment. Different techniques are used for different types of market conditions.
Which timeframe ???
That 50 is simple moving average?
Yes, the SMA.
@@TopDogTrading alright sir
The world needs more poeple like you
That's very kind, thank you so much!
You have been really good at teaching these. Very very very good videos. Moreover, your way of speaking is very pleasant on ears.
Thank you for the kind words!
what are these EMA again?
You are the best trainer i have ever heard/seen on TH-cam. Will do a trade tomorrow and update
Thank you for the kind words. But remember, 2 moving averages don't make for an entire trading methodology!
Barry wont be there for your update
You explained the Moving Average really well. I love this strategy. Keep the great videos coming!
Thank you, much appreciated.
You mentioned AMATEUR. Which, I am and these are shorts. I cant do SHORTS. Can u recommend a link or a video for LONG?
How do I get the cycle indicator ????
Send you request to Barry@TopDogTrading.com
Barry's got a helluva radio voice. Very informative too
Thank Kerbin. Everyone tells me I have a great FACE for radio!
Great job TopDog
Thank you Moitsi
" i got one finger pointing out and three back to me " thanks for even pointing out " divergence " beyond a chart barry : )
You're very welcome Mister Ribeiro.
Thank you Barry! You are Awsome! Keep your videos coming, great lessons from you.
Great Video, Barry. Are you looking at the close or the high to cross the EMA(15)?
what does EMA stand for?
That stands for "Exponential Moving Average." Thanks for asking.
Very well done and very useful.
Glad you found it helpful David.
I like your simple to understand explanations.
Thank you Ashok
I'm so glad for you. Thank you for sharing your tips!
My pleasure Christopher.
If you're scalping it's not that bad taking lower lows
Thanks for another amazing video Barry. You have a great teaching style, relaxed and non complicated. Anyone wanting to learn to trade can only get much better through watching your channel.
I have a quick question: I notice you use the 15 EMA as your signal. Is there any reason why you don't use say the 14, 21 or 7 day EMA? I've noticed from some of your other videos that you have the 15 EMA on and just curious as to why. Many thanks!
Yes, I have the 15 ema on all my charts. I've compared it to other similar moving averages and it provides the most frequent "soft" retrace level.
thats is the best moving average trading learning infor, thank you!
I appreciate that Alex
Thanks For Sharing Barry, Your tutorials are really useful and easy to understand. I am Soooo Grateful to the awesome people on TH-cam ( Like You, ) that take the time to help teach us such Valuable Information. I will be sending an E-mail over to you in order to take advantage of your offer for the FREE Indicator. You ROCK Barry!
You are very welcome and thank you for the kind words.
Sir Top dog, is there a paper loss in US market or only real loss. I mean if i dont sell,it will wipe out all my capital?☺ I'm interested to know..please thanks ..😁
Money is a symbol of value. When the market does down after you buy, you only have the "value" left that the market assigns to the position, whether you cash out or not. There can be distinctions on how it's looked at from accounting and taxing perspectives, but from my way of thinking, that money is lost at that snapshot in time.
@@TopDogTrading so ,I need to watch my stock always if I don't use stop loss? So why they always say that Warren Buffet invest in long-term in the stock market? How did He do it long term? Confused here..😢
Locking for more videos. Good explanation. Keep up the good job.
Thank you Nocko.
Agree, I love watching Barry's videos, very insightful.
Thank you Guz.
very informative video, thank you
You're more than welcome Mehdi, glad you found the video helpful.
What you are doing here is a wonderful job to others! Thanks for your great content
Much appreciated Rafael
Going to give this a test
Great, hope you find value in it.
I appreciate your lessons SO much! Thank you!
You're more than welcome Channon. I appreciate your kind words.
Does the 20 ema and 180 sma work?.
I haven't tried that combo. I know some very good traders who use the 200 SMA for trend, but that's just way to slow for my personal liking.
Freedom Show
Try it on a papertrade, and backtest it to see
I want to know 15 ema and RED. colour line how much ema ?
You explained the Moving Average really well, thanks!!!!
Thank you Christos, glad the tutorial was helpful for you.
Barry - it works very well......Thank you!
You're very welcome Orlando.
why owuld u use 15 and 50? 13 and 200ema is so much better, 200 ema is always the one that acts as support and resistance, 50 always gets broken
I haven't found that any of them moving averages "always" act as support/resistance or "always" broken. The key is to watch the energy of price action as it goes into ANY potential support/resistance levels.
Thank you, Barry. Appreciate your expertise as well as your generosity.
You're very welcome Judy.
400 single moving average good for me
You have a lovely voice. Enjoy watching your video. Thanks.
Thank you so much Aimsy.
Really enjoy Barry's thoughts!
Thank you Thomas.
Thank you so much Mr Barry... very helpful and eye opening.
You're very welcome and I'm glad you found the video helpful.
Notice where the price action rises to the MA twice in close proximity? That is a double failure and it is almost a certainty the trend will collapse into an even stronger trend past that second failure...produced 7 red bars without a single green bar.
A TRADER OUGHT TO SELECT THE MOVING AVERAGE WHICH WORKS THE BEST with his particular trading vehicle and his favorite time frame.
Hi Barry, I love your videos. I'm new to trading and find the TA and charts fascinating--it almost feels as if it si the pulse of the market. As I listen to your video one question bugs me--for instance in this one...how do you figure that a trend is a trend and not a correction--I mean how do we now how long the trend will last? I'm trying to apply your principles to bitcoin trading (also a new for me) but as I look at the bitcoin highs and lows (it's been moving sideways on what I think is a downward trend) how can tell if the trend is about to change or if it's just going to go up a bit and then come back down? You mentioned the five wave--is this how you test it? Anyway, I have requested your cycle chart and am keen to see what this is. Thanks! Emma
Hi Emma. Great question! It's a bit more involved of an answer than I can explain in a TH-cam comment, but if you attend my Cycle Indicator Webinar, I'll be explaining the objective rules for how I measure trend. Hope to see you there.
There's one golden rule that you should always keep in mind and observe when you're investing:
Never invest money that you can't afford to lose. Your first goal should always be to avoid major losses. Don't get greedy. Be patient. Seek the advice of qualified well-regarded investors. Keep your costs low. This recipe may not seem very exciting, but it's been proven to work
for generations again and again. My advice to you guys is to ask yourself this question before risking your hard earned money what would happen if i lost my trading account ? if the loss will put you in troubles, and affect your life and the life of people around you. work with a good strategy like *Blended Model Strategy* and keep moving forward each time when it comes to having a trading plan to take profit from the market daily fortune.
Another great video to watch from Barry!
Thank you Eddie.
Amazing teacher. You have s genuine gift! Thank you.
Wow, well, you're very kind!
Hey I gotta ask you something, you might have a vid or make one about this so let me know if you do... but about stock going up if people buy and down if they sell. If I sell my stock someone else buys it from me right? So wouldn't a sale be also a buy? Like wouldn't it cancel eachother out? I assume reading the graphs is like trying to get into people's head, like you are looking at a graph and from what's happening you are trying to figure out what people are going to do next so you can react properly
as in what state do i live in? why?
Good beginners question. It has to do with what price people are willing to buy/sell at. Basic supply and demand. If there are more buyers than sellers, then there aren't enough sellers to match the buyers orders, so motivated buyers start bidding up the price to make it more attractive for the sellers to sell to them, and then a transaction can take place. Hope that helps.
TopDogTrading ya that makes sense, but for people to be motivated to buy at a higher price they must see something in that company. I understand if dividends are good and what not but I don't understand what you get if a stock is worth 5 bucks and you get nothing out of it besides hoping it goes up a few cents and selling for a profit. It sounds great but isn't that risky buying a bunch of stock and hoping price goes up instead of down? I think my question is more in the day trading category... if this is too much we can continue over email if you want
Ah, a continuation gap is a midway gap. Its wonderful if one occurs cause it is fairly predictive where the trend will end. Is it a self fulfilling prophesy..perhaps but who cares.
Exactly - it doesn't matter if it's a "self-fulfilling prophecy."
Just keep it simple, thanks.