Timestamps: 0:00 Intro 0:50 Leif’s Background and Influences 2:45 Work with a group. Accountability and Avoiding Style Drift 3:40 New Kid and Business 5:20 Relative Volume Sort on Finviz Elite 5:40 Charts Move based on Volume 6:00 Look to see where the money is going, what groups 6:50 How do you find stock ideas 7:40 High RS, Near Pivots, ATR declining 8:25 What is ATR Average True Range 9:30 Use Alerts 9:55 How do you decide which breakouts to take? 11:00 Be flexible 11:25 Market Conditions 12:00 Protect the Equity Curve, Size down manage Risk 12:30 Defer to the Fed 12:50 Using the FFTY for Market Conditions 14:50 Are they going to save it 15:00 Looking at the IBD 50 Charts, Analyzing the right sides of bases 15:45 High Tight Flags 16:20 How does Leif define “Extended” 16:30 EH Analysis 16:55 Using PnL to determine whether to press or scale back. 17:10 I hope this is like the dotcom Bubble 18:20 Position Sizing 18:40 UAVS Analysis - Drone - Volume Trigger 19:50 Base analysis - Cup and handle within the volume 20:20 The Theme is popular, the big money is in the skyscrapers 21:12 The Significant Other Indicator 22:00 GNRC analysis 22:10 Candlestick Patterns VCP 23:10 Watch out for a stock drifting up on low volume 23:30 FUBO analysis 24:00 FUBO expectation breaker, high volume 24:45 Doesn't buy over 50% deep bases 25:20 Risk Multiples - R multiples 26:00 Keep an open mind and never turn your back on a stock 27:10 YALA Analysis 27:15 What is a Rocket Base? Failed HTF 28:13 Confluence of Mark Minversini Cheat and Downward Trend Line 29:20 Trusting your stop 30:30 Have confidence in our system 31:00 Supply and Demand 31:05 Edit Analysis - ATR Declining 32:55 How do you decide when to sell 34:35 Expi Analysis Confluence 36:16 Low volume days in context 37:33 Rocket Base FUV analysis 38:00 Price and Volume Characteristics 38:30 How do you find a pivot point- Wants 5% stop 40:10 New themes, N in CANSLIM 40:20 CRMD Analysis 42:40 ATR pulling back at the pivot. RS Line moving up 43:40 Shakeout within the base 44:10 Liquidity, Dollar Volume 44:46 PLTR Analysis, VCP ATR declining 45:00 When to buy within the base Leif likes 6-8 weeks 46:00 Bases that are too obvious AHCO 47:00 Have your own rules, trade your style 47:40 SNBR Analysis, Selling in context 49:25 Leif’s Chart Layout 50:00 Finding your style, Building Edges 52:20 Fitness Magazine Metaphor, you have to put in the time 52:45 Breakout is a safe strategy because you aren't buying if there are not any setups 53:00 Listen to the market, it always knows. Don’t outsmart it 54:30 Does the number of setups you see factor into Market Conditions 55:00 Rising Wedges, Breakout Traders Beware 56:20 The Chart “Look” that we want to see 56:30 SI High Tight Flag. Ride the trend with a partial. Late shakeout 59:00 It’s okay to be cautious 59:25 PHR Analysis, Late undercut 1:00:15 Healthcare Play 1:00:40 TIGR Analysis, High Relative Volume 1:02:10 Moving stop when up 20% 1:02:25 SKLZ High Tight Flag, Large Volume 1:03: 40 AMRS Analysis, Lowest volume in 10 days 1:05:15 Will Leif Buy a stock if its gapping to the pivot/already up a lot on the day 1:06:30 Placing stop losses. 5%, Volume Profile, Technical Levels 1:07:43 PLSE Watchlist, Thin Name 1:08:47 Minimum days for High Tight Flag. 7 Days 1:10:00 Plug Analysis 1:10:45 Will Leif Take hold a trade overnight without cushion
Leif has taught me a ridiculous amount in a short time. I would pay 10x for the knowledge he shares in his group. He has improved my trading in a way I never thought possible. Thank you Leif for all you do. You are changing lives with your teaching.
So many notes written, screen shots taken with my trading platform reviewing the names and their price action. this interview has it all, thanks again Richard.
I really loved his last interview and love this one. He definitely help me understand how to look at the volume when looking to enter. Probably simple for some but super helpful for me. Thank you
Love and appreciate the timestamps. And I admire your interview style - you're great at keeping the discussion moving forward without crowding your guest. Also, do you every sleep? Seems like I see new content from you everytime I look. Thanks for all of it!
Been a follower of Richard for a while now and been through so many interviews and accidentally landed up on this and just thoroughly enjoyed the whole discussion. Leif's expertise and Richard's wonderful questions make the time spent totally worth it.. One quick question though.. Leif refers to Relative Volume and do not recollect having heard of this (from swing/positional trading perspective) before.. Can you please clarify little more to learn about it? TIA !!
Thx Richard for this interview ,a little bit of education helps, I could get what he was trying to say about scanning for low ATR with regards to breakouts, I wish he would have shared a scanner like so for TDA , but it was great to hear How the champion thinks of his setups very minimal clutter on the charts ,the order of the MAs . All great pls bring someone who writes great scans .🙏 More power to u Richard.
Great video and content guys. QUESTION: how does Leif put the IBD 50 list on Finviz screener? Is there a screen on Finviz or does he simply input the tickers manually? Thank you!
Hi Richard, quick question, when Leif and others talk about stop loss and they say their stop is set at 3% or 5%...do they mean of each position or do they think about in terms of their whole account? Thank you.
I really wish trader interviews would include some statistics on the trader’s strategy. A simple win/loss ratio,, average gain/loss, worst drawdown %, gain to pain, average days in trade, etc. would be helpful in understanding the strategy. Great interview though, thanks.
The market is measured I'm in $EDIT at $7.80, it's two expansions down from the PH to the tick. This guys a champ and I applaud him. After 30 years of this I don't want to think, I want it easy, stress free and I wait for my date with the big money and they're machines. On $EDIT 1/9/222 the market went straight down through the low of the day, the low of the week and the prior month low bringing in all time frame traders selling lower, it hits the range expansion and immediately reverses. The following week same game Thurs -Mon at the same price create order flow for the blast out of the low and into an uptrend. It's they're playbook use it.
Been binge- atching all your videos and they're really so helpful. Now that we know pivots, entries, stops ,etc. The next major thing would be to know the scan settings for VCP, HTF patterns. Could you ask him or your next guests about more detailed scan settings. Thanks a lot!
Richard i really enjoyed this interview with Leif as much as your earlier one with Oliver Nell. I noticed that Leif was using StockCharts.com and FinViz. I have settled on TC2000 after working through a number of platforms. The relative volume charts jumped out at me and thought you might have a comment or two. I think it's only $35/month....
Hey Brad, I though it was very cool that finviz can sort the charts by that. In TC2000 I use volume buzz which gets you the same result but not in that visual way. Glad you enjoyed the interview!
Thank Richard and Leif for the valuable interview! Would like to ask what is the correct term "wedge play" because I keep hearing Leif talking about it and not sure what the exact term is. Thanks.
That video was so informative. So much content, what a find your channel is. Did anyone pick up on the name he mentioned when discussing wick trading / setups?
Thanks Robert! He mentioned Oliver Kell the US Investing Champion of 2020. The Wick play is from JT and the tickermonkey group. For more about the wick play check out my interview with oliver: th-cam.com/video/eME0S4lwEz0/w-d-xo.html
Always amazing to hear about Leif, Mark and all the others related to them. I don't know if I missed it but how do you know it's gonna have a "good volume" during the trading day? Does he wait until the volume breaks out before buying? I'm almost certain that most of the time, when a stock breaks out from the pivot point, the volume isn't gonna be there/not going to go above the previous days until mid/late into the day.
Great interview, as always! I love your interviews! I think it would be awesome an interview to Mark Minervini and also to a young but brilliant trader, @AnthonyOhayon (he also has a podcast and is killing it). Pd: we don’t forget about Ray’s interview. We want at least 3 hours of interview😏
Its a stock opening within the wick of the prior day (area between the high and the close) A sign of strength. You can add through the prior high in a constructive pattern
RS= Relative Strength which is a concept from William O'Neil to help find stocks beating the market. This post should help: www.traderlion.com/basics/relative-strength/
Hope you guys enjoy! 🚀 Remember to leave a like. Have a great weekend!
Coffee anytime long time no see, just as wonderful as always!!
richard, I just want to ask, what screeners do leif use in finviz in order to search for those stocks
Timestamps:
0:00 Intro
0:50 Leif’s Background and Influences
2:45 Work with a group. Accountability and Avoiding Style Drift
3:40 New Kid and Business
5:20 Relative Volume Sort on Finviz Elite
5:40 Charts Move based on Volume
6:00 Look to see where the money is going, what groups
6:50 How do you find stock ideas
7:40 High RS, Near Pivots, ATR declining
8:25 What is ATR Average True Range
9:30 Use Alerts
9:55 How do you decide which breakouts to take?
11:00 Be flexible
11:25 Market Conditions
12:00 Protect the Equity Curve, Size down manage Risk
12:30 Defer to the Fed
12:50 Using the FFTY for Market Conditions
14:50 Are they going to save it
15:00 Looking at the IBD 50 Charts, Analyzing the right sides of bases
15:45 High Tight Flags
16:20 How does Leif define “Extended”
16:30 EH Analysis
16:55 Using PnL to determine whether to press or scale back.
17:10 I hope this is like the dotcom Bubble
18:20 Position Sizing
18:40 UAVS Analysis - Drone - Volume Trigger
19:50 Base analysis - Cup and handle within the volume
20:20 The Theme is popular, the big money is in the skyscrapers
21:12 The Significant Other Indicator
22:00 GNRC analysis
22:10 Candlestick Patterns VCP
23:10 Watch out for a stock drifting up on low volume
23:30 FUBO analysis
24:00 FUBO expectation breaker, high volume
24:45 Doesn't buy over 50% deep bases
25:20 Risk Multiples - R multiples
26:00 Keep an open mind and never turn your back on a stock
27:10 YALA Analysis
27:15 What is a Rocket Base? Failed HTF
28:13 Confluence of Mark Minversini Cheat and Downward Trend Line
29:20 Trusting your stop
30:30 Have confidence in our system
31:00 Supply and Demand
31:05 Edit Analysis - ATR Declining
32:55 How do you decide when to sell
34:35 Expi Analysis Confluence
36:16 Low volume days in context
37:33 Rocket Base FUV analysis
38:00 Price and Volume Characteristics
38:30 How do you find a pivot point- Wants 5% stop
40:10 New themes, N in CANSLIM
40:20 CRMD Analysis
42:40 ATR pulling back at the pivot. RS Line moving up
43:40 Shakeout within the base
44:10 Liquidity, Dollar Volume
44:46 PLTR Analysis, VCP ATR declining
45:00 When to buy within the base Leif likes 6-8 weeks
46:00 Bases that are too obvious AHCO
47:00 Have your own rules, trade your style
47:40 SNBR Analysis, Selling in context
49:25 Leif’s Chart Layout
50:00 Finding your style, Building Edges
52:20 Fitness Magazine Metaphor, you have to put in the time
52:45 Breakout is a safe strategy because you aren't buying if there are not any setups
53:00 Listen to the market, it always knows. Don’t outsmart it
54:30 Does the number of setups you see factor into Market Conditions
55:00 Rising Wedges, Breakout Traders Beware
56:20 The Chart “Look” that we want to see
56:30 SI High Tight Flag. Ride the trend with a partial. Late shakeout
59:00 It’s okay to be cautious
59:25 PHR Analysis, Late undercut
1:00:15 Healthcare Play
1:00:40 TIGR Analysis, High Relative Volume
1:02:10 Moving stop when up 20%
1:02:25 SKLZ High Tight Flag, Large Volume
1:03: 40 AMRS Analysis, Lowest volume in 10 days
1:05:15 Will Leif Buy a stock if its gapping to the pivot/already up a lot on the day
1:06:30 Placing stop losses. 5%, Volume Profile, Technical Levels
1:07:43 PLSE Watchlist, Thin Name
1:08:47 Minimum days for High Tight Flag. 7 Days
1:10:00 Plug Analysis
1:10:45 Will Leif Take hold a trade overnight without cushion
Dude that's crazy commitment. $RicardMotlen 🚀🚀🚀🌕💎👐
@@downwithosama1 haha!
Leif is the King. I am a member of his CTT and it s just great. I think only 2 of 10 buys hit the stop even when market is choppy. Just amazing :)
Leif is awesome!
Leif has taught me a ridiculous amount in a short time. I would pay 10x for the knowledge he shares in his group. He has improved my trading in a way I never thought possible. Thank you Leif for all you do. You are changing lives with your teaching.
Great to hear!
So many notes written, screen shots taken with my trading platform reviewing the names and their price action. this interview has it all, thanks again Richard.
Thanks for watching! I'm glad you found it helpful
Best video yet Richard! Leif is a treasure of information! And great dialogue back and forth! Excellent! Will watch again later.
Glad you enjoyed it!
How in the world you only have 46K subscribers?!
Bringing the absolute best of the best for interviews.
Amazing content.
Thanks Opher I appreciate that!
Have watched this 3 times, it's that good
Awesome Herman, Leif is great
A great follow up from the first interview with Leif. As usual 5 stars. Richard, thanks to you both.
Our pleasure! Thanks for watching Tony and your comment
I really loved his last interview and love this one. He definitely help me understand how to look at the volume when looking to enter. Probably simple for some but super helpful for me. Thank you
Great to hear!
Another great video, Richard. Straight to the point, no nonense. Nicely leads into from Leif's last video. Keep up the good work....
Thank you!
Love and appreciate the timestamps. And I admire your interview style - you're great at keeping the discussion moving forward without crowding your guest. Also, do you every sleep? Seems like I see new content from you everytime I look. Thanks for all of it!
Hahaha thanks Amy! Appreciate you watching and the kind words!
Best line of the video... Can see the 'cup n handle' in volume as well for conformation!
That was a golden nugget right there
Another amazing interview. The true Art Of Trading, just beautiful.
Thank you very much 🙏
Our pleasure!
Awesome video, such great sharing from Leif, and love the questions asked.
Glad you enjoyed it!
Great show Richard. An amazing guest and great host!
Thank you!!
Welcome back Legend!!!
Leif is the man!
Dude u r killing it with all these great interviews
Thanks so much! Glad you like them
Really great! Leif is awesome!
Thanks for watching Angela! Leif is great!
United 9-0 and now a video from Leif to finish off the week. Thanks Richard !
What a week haha!
Fantastic Interview, this one and Minervini’s are golden, thank you Richard.
No problem!
This is Incredibly helpful - Thank you Leif and Richard ! Hats off to you both
Can you code software to find high tight flags according to the Bulkowski rules ?
Our pleasure!
You could but you have to make sure the parameters are loose to catch all of them
very informative, thank you! i'll check your other vids for more like this one...
Check out the market chat playlist
Thanks Richard. I enjoied a lot this interview.
Thanks for watching Bruno!
thanks for sharing your knowledge, Leif!
Excellent job as always, Richard. Bloomberg is coming after you
Haha thanks!
Never seen time stamps this detailed!
I hope that’s a good thing! Lol
Thank you Richard.Learn a lot.
Great interview!
Learnt a lot from this interview! Thanks Richard and Leif :)
Glad you enjoyed it!
2 absolute champions!!
Leif is great!
Another great one...very informative!
Glad you liked it!
Been a follower of Richard for a while now and been through so many interviews and accidentally landed up on this and just thoroughly enjoyed the whole discussion. Leif's expertise and Richard's wonderful questions make the time spent totally worth it..
One quick question though.. Leif refers to Relative Volume and do not recollect having heard of this (from swing/positional trading perspective) before.. Can you please clarify little more to learn about it? TIA !!
Relative volume compares the current volume to what is typical at that time of day. High RV means likely that institutions are leading the breakout
Thx Richard for this interview ,a little bit of education helps, I could get what he was trying to say about scanning for low ATR with regards to breakouts, I wish he would have shared a scanner like so for TDA , but it was great to hear How the champion thinks of his setups very minimal clutter on the charts ,the order of the MAs . All great pls bring someone who writes great scans .🙏 More power to u Richard.
Great interview Richard! A lot of very useful information and entertaining to watch! Thanks.
Glad it was helpful!
finally got the chance watch this and glad I did. really helpful. thanks!
Glad it helped!
Great video Richard, keep it up
Thanks, will do!
Awesome video. Learned so much; Thanks Leif for the lesson!
Glad you enjoyed it!
@@RichardMoglen Thanks also to you for great questions. Really spot on questions
Awesome with plenty of examples with minimal basic stuff. Love it ❤️ on top IBD weekly videos. Both of you are brilliant!
Thanks so much!
Thanks Guys loved it!
Our pleasure!
Again awesome interview, if u look at the charts now two days later most of them are skyrocketing :)
Thanks!
Great interview! Thank you Richard for the hard work and thank you Leif for sharing. truly appreciated and enjoyed. A lot / (too much 🤣) to learn!
Our pleasure!
Very interesting.
Thank you!
What a wealth of info and great interview!!
Thanks!!
Great stuff. Thank you for this.
My pleasure!
Hooked to your content. Thanks again.
Glad to hear it! More at @traderlion
Great video!
Thanks!
Thanksss man. Its a gift
No problem!
I love this guy...awesome interview
Thanks so much! Leif is great
Many thanks for this! I'm hooked. Feeling guilty for asking but please advise the significance of the solid black candle bodies in Leif's charts.
Thanks for the video! Learned a lot from it🙂
Glad it was helpful!
Great video and content guys.
QUESTION: how does Leif put the IBD 50 list on Finviz screener? Is there a screen on Finviz or does he simply input the tickers manually?
Thank you!
nice video. we analyze the daily timeframe. got that. but what about the entry timeframe?
Great question! We'll for sure cover that in the next one.
cant wait! thanx! 👍
Hi Richard, quick question, when Leif and others talk about stop loss and they say their stop is set at 3% or 5%...do they mean of each position or do they think about in terms of their whole account? Thank you.
On each individual position. In terms of account I personally do t want to risk more than .5% on any 1 trade
@@RichardMoglen
Yes, makes sense. Thank you Richard, and congratulations on your excellent channel and success.
@@mali4282 thanks!
I really wish trader interviews would include some statistics on the trader’s strategy. A simple win/loss ratio,, average gain/loss, worst drawdown %, gain to pain, average days in trade, etc. would be helpful in understanding the strategy. Great interview though, thanks.
Great suggestion!
The market is measured I'm in $EDIT at $7.80, it's two expansions down from the PH to the tick. This guys a champ and I applaud him. After 30 years of this I don't want to think, I want it easy, stress free and I wait for my date with the big money and they're machines. On $EDIT 1/9/222 the market went straight down through the low of the day, the low of the week and the prior month low bringing in all time frame traders selling lower, it hits the range expansion and immediately reverses. The following week same game Thurs -Mon at the same price create order flow for the blast out of the low and into an uptrend. It's they're playbook use it.
Been binge- atching all your videos and they're really so helpful. Now that we know pivots, entries, stops ,etc. The next major thing would be to know the scan settings for VCP, HTF patterns. Could you ask him or your next guests about more detailed scan settings. Thanks a lot!
Thanks Roshan will do, in my most recent one with George Tzaczuk we go over many of his favorite screens: th-cam.com/video/eGARDnzTSWU/w-d-xo.html
@@RichardMoglen I was wondering the same. Will check out the video. Once again, thank you for all of your hard work.
thanks Richard, the rocket base is a money pattern
Thanks for watching!
Richard i really enjoyed this interview with Leif as much as your earlier one with Oliver Nell. I noticed that Leif was using StockCharts.com and FinViz. I have settled on TC2000 after working through a number of platforms. The relative volume charts jumped out at me and thought you might have a comment or two. I think it's only $35/month....
Hey Brad, I though it was very cool that finviz can sort the charts by that. In TC2000 I use volume buzz which gets you the same result but not in that visual way. Glad you enjoyed the interview!
@@RichardMoglen thank Richard. I think I will try it for a few months...BTW, are u planning to do an interview with Gil Morales?
Thank you! I enjoyed it.
Glad you enjoyed it!
Thank Richard and Leif for the valuable interview!
Would like to ask what is the correct term "wedge play" because I keep hearing Leif talking about it and not sure what the exact term is. Thanks.
That video was so informative. So much content, what a find your channel is. Did anyone pick up on the name he mentioned when discussing wick trading / setups?
Thanks Robert! He mentioned Oliver Kell the US Investing Champion of 2020. The Wick play is from JT and the tickermonkey group.
For more about the wick play check out my interview with oliver: th-cam.com/video/eME0S4lwEz0/w-d-xo.html
Leif, how do you populate stock list from 5:39 ? like where do you look for them and collect
Hi Ajay, I would reach out to Leif on twitter and ask him
Fantastic content. thank you
Always amazing to hear about Leif, Mark and all the others related to them. I don't know if I missed it but how do you know it's gonna have a "good volume" during the trading day? Does he wait until the volume breaks out before buying? I'm almost certain that most of the time, when a stock breaks out from the pivot point, the volume isn't gonna be there/not going to go above the previous days until mid/late into the day.
Hi Richard, for Relative Volume, is that the higher the better? any other application such as comparison to group or sector? thx!
Thats important to, you want to see money flowing into the group. Also the volume should be in context to the overall price and volume pattern
nice video. is it possible to have the setting in finviz for the screener.
Who comes to this video and is upset by anything enough to hit the dislike button. Great stuff guys!
There's always someone lol. Thanks Nick!
Great interview, as always! I love your interviews!
I think it would be awesome an interview to Mark Minervini and also to a young but brilliant trader, @AnthonyOhayon (he also has a podcast and is killing it).
Pd: we don’t forget about Ray’s interview. We want at least 3 hours of interview😏
Thanks Helen! All of those guys are on my wish list, I'll do my best
Can he shows once setup that he will take based on the setup and one that is a trap and why ?
And what filters is he using on finviz.
I too agree .. Richard it would be great if he is humble enough to provide his finviz screener setup
Sorry got it. At 44:37 Leid describes it as ATR (14) 0.975.
Glad you got it Brad!
Hey Richard, that was a wonderful interview! Wanted to ask whether you have any TC2000 PCF code that scans for High Tight Flags or VCP action?
Hi John thanks! I do have one for HTF but not for VCP, I'll repost it on twitter
@@RichardMoglen Hi may i know how do i find it? i can't find it on twitter?
What has happened to your switch on the wall;) Is it burning? Thanks for the clip.
A lot of people ask this lol, It just has a design on it
非常感谢！
Thank you!
Do you know what time frame he'd be watching during the day when he enters a trade....does it matter?
what is the reverse pocket pivot ?
Hi, may I ask what does "the stock is thin" mean?
What is the wick play
what is a wick play? @Richard moglen
Its a stock opening within the wick of the prior day (area between the high and the close) A sign of strength. You can add through the prior high in a constructive pattern
what is RS? ("high RS")
RS= Relative Strength which is a concept from William O'Neil to help find stocks beating the market. This post should help: www.traderlion.com/basics/relative-strength/
@@RichardMoglen thank you, do you know is RS available at InteractiveBrokers or tradingview? can not find it
Is it different on the rsi?
watched for second time but not too sure what to set ATR at when screening? Anyone have a thought?
Under0.75%
SKLZ went to $46 that week! +48%
It's now $2.05
excellent
Why did he hasistate to show his Finviz scan criteria ah!
Leif is as cool as his full name! Full respect! Leif please DM me.
Thanks for watching!
Good
I miss the bull market. Scans and the daily market was much more fun.
Leif Soreide(Søreide?) is a VERY norwegian name :P
dodged a bullet with PLSE
He is just 31 and youngest billionaire of usa
👍🏻🙂
Thanks!
43:00 !
so many of the stocks have shut shop in 2 years my god . - skillz at under 1 dollor in 2022 november
I want to delete my channel. This is enough.
Stop saying 'mmhhmmm'....lol
Great interview otherwise.
Life Soretrade. Good name for a stock trader.