Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
@@DarylSimpson58 Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years,
@@DavidVelasquez9 True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?
@@DarylSimpson58 Having a counselor is essential for portfolio diversification. My advisor ASHLEY AIRAGAHI who is easily searchable and has extensive knowledge of the financial markets.
I love the nuances of trading. Its such an art and also a science. I'm really excited for the future. Thanks to Brian and SMB for sharing such important info!
Finally, someone who understands that the closing price is not that important. Simple but very insightful to explicitly point out that positioning is far more important because that is where people stand to actually profit or lose money!
I bought Brian Shannon's Anchored VWAP book...It's very helpful if you want to know who's (Buyers or sellers) exactly is in control of a stock from a selected point in time...Top man...
Brian really is dropping some highly interesting tid bits of how the institutionals thought process might evolve as price unfolds and how they might work their positions in the more immediate time frame with their eye on their longer term agenda.. This is good stuff.
Best hour of learning I have spent in quite some time! Best to watch with your TC2000 up and running at the same time to experiment. Great presentation Brian! Thank you!
Thank you, Brian, this is very helpful. It's very useful that you explain how the execution of large institutional orders is planned behind the scenes. Also, good that you point out that it really matters to look at the indicators which the key market actors use and trade on - regardless of our personal preferences.
I found this after reading the book in its entirety. Revolutionized the way I interact with the market. If this feedback can get to Brian, I appreciated the hands on approach and the way this intersected nicely with the book. If any other traders read this and are on the fence, do not hesitate to purchase and read this book.
great interview it has all changed so much since i started in 1979. I am saving this to digest it better i use vwap andthe everages but i like the trading perspective from the bigger players
Brian you talk about vwap for levels but how do you find that entry? I wrote an alert based on bb to find outliers in volatility, either on the expansion side (eg to trade into vwap) or contraction (eg at the end of a run) I've got alerts to help find that entry and predict the movement may come soon. That might be something to look at. I've got pine on my blog for it but yeah just outliers on bb on either side of volatility (top to bottom) is a good start.
With MBLY in that example any indicator would work, cause that was the 5th wave. I traded them quite many. And for me the best indicator was an RSI trend breakout and pull back. Again, if a stock was in the fifth wave.
"If two people are looking at Andrew's Pitchfork, how useful is that?" Well, that's an interesting question because not many people know about, or are looking at Anchored VWAP yet. I still think it's useful though since it shows who's in control since an important event.
But most of the HFT algorithms and almost all institutions looking vwap and anchored vwap. Retail traders only few % of total volume, rest institutions and they look what we look and trade
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Actually, I've shuffled through a few advisors in the past, and “Colleen Janie Towe” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.
Thank you for this tip , I must say Colleen, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
My one hour of watching the video from start to finish is not wasted. I actually learned a lot but want to learn more, if you get what I mean. The thing is, I just started studying trading for two days straight now and I know from myself that I have a long way to go before actually mastering the market. Is it okay if I seek assistance to a lot of agencies out there? I'm just afraid that they may take advantage of me. Thanks!
It's normat to get scared for asking help from a stranger but it doesn't mean that it will be your wall you build yourself to conclude that having a financial advisors is a bad idea. That's why you need to look for their experience and credibility; which SmartTrader by Robert Linder both had. They have the experience in the market for almost a decade with long-list of credentials. Try to look for them on the net and see for yourself how incredible they are
So you would need to enter as close to the VWAP as much as possible for an entry, I would think. Problem is you never know how high or low it will go from VWAP. So you're stuck to your screen? I really need help.
When they say 200 or 50 "day" MA, I'm almost sure they mean candle or period and not day. So on a chart where each candle is a minute its the last 200 or 50 minutes that are being averaged, thats why the MA curve changes when you change the chart candle period. I'm not sure if you can get an MA that is actually for the day/hour/minute which can be transposed onto a different time-frame chart. But I'm still learning.
You can definitely get basically every time frame moving average you can think of on a chart. You can put a 21/50/200 day moving average on a 1 min candlestick chart. Conversely, you can put a 50 minute moving average on a daily candlestick chart. Moving averages and exponential moving averages only "work" because enough traders and algos agree that they ~should~ work.
yes you can. you can edit it where it shows either tthe chart time frame aka what ever youre looking at and if you change time frames it changes as well. or you can make it like say daily or weekly and it will stay there even while on a 1-3-5-10-15min hourly etc etc. hope that helps
@loganf4898 similar to fib retracements. Its a Self-fulfilling prophecy. Indeed why a lot of patterns work I guess. Think double tops/ bottoms, head and shoulders patterns, SR levels etc
Where is the daily VWAP anchored, at the beginning of regular hours, or from pre-market?... In the case of SPY, is it anchored from the futures opening hour?
I have found that it works well being anchored from session open, so 18:00 EST. I’m sure you could probably do it from “normal” pre-market SPY hours and it would still work
Is vwap worth to use in forex because evolved from volume and the volume in forex is not reliable,thats why i am asking you Sir or if anyone from the commenters can answer to my question i would appriciate it,thnx
In the beginning, he was referring to today's market open (1-day) and yesterday's market open (2-day). As he went on, he was anchoring to all-time highs and pivot-highs to illustrate how they show "hidden" support / resistance levels. He even used a couple of pivot-lows in there. He did mention about being careful in placement as too many or wrong placements might begin to show support / resistance levels where you want to see them, not where they truly are. I think for now, I'm going to use Today and Yesterday's market opening times (9:30am) and see how that works out for me. :)
Of course. That’s probably where it works best tbh, especially for intraday as most retail/non-professional futures traders are probably not swinging or holding overnight.
As an independent man I started my first investment plan with just a $1000 and now earning weekly income of $4830 in cryptocurrency exchange with my personal broker.
Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
I would beg to differ that ken griffin is breaking orders into smaller slices. Infact he is doing the opposite and taking small orders bundling them into huge orders and manipulating the price in dark pools. Bad example, using that criminal.
Thanks for this breakdown from a personal angle I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?
Most people that i know make less than me in stocks and they all follow those dumb charts that tells them one thing but market goes the other way. You only need to learn price action , volume , suoply and demand. These are all together. All i do is trade companies with 5 million voume daily that have positive nees
What Brian is referring to here about funds selling down a stock premarket only to buy it straight back on the open... isn't that manipulation and therefore illegal? That's a pretty serious allegation he's making...
Trading can be so simple. The skill is 90% patience and discipline. You master that, then you've mastered the charts. To master the skill of making constant profits you'll need to have someone with a proven track record of making profits like Larry Kent Burton by your corner
I'm surprised you know him too. I've been making a lot of profits investing with him for a few months now. Larry kent burton is one of the best traders I have ever worked with in the past few years, he knows how best to deal with whatever market situation.
