one trade will never make you but one trade can always break you..Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
@@freedomisEexpensive-08 A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@MrGravity304 I looked up NICOLE online using her fullname and researched her accreditation. She seem very proficient, I wrote her detailing my Financial market current position, goals and scheduled an appointment. Thanks
@@FinancialWisdom if you are waiting to see high volume in the morning before placing your buy order - what if the pivot point is hit but volume only comes in afterward? Then you enter too high?
Brilliant, thank you. This year i've started trading the o'neil / minervini way, and i'm seeing good results. I'm convinced its the most sustainable trading method out there, but it requires patience and discipline. Its a skill which must be learnt, but a potentially very rewarding one.
@@scotthirsch3479he said he was struggling so it doesn't matter. The point is is that in someone is struggling with trading, the alternative is the tried and true buy and hold of the index.
Great summary! I would say this book in combination with WONs and Minervini are all you need to form a successful trading career. Thanks for a great channel, appreciate the effort you put into these summaries!
Great video but Kachers sell rule MA violation is not when a stock closes below a key moving average. The stock must close below the moving average it is observed to respect, then make a move below the intraday low of the first day it closed. At that point, the stock can be sold. This is meant to avoid selling stocks prematurely as stocks will often close below say the 10SMA but continue a move higher without actually violating the moving average by making a move below the first days intraday low
I also read the book but it is not related with FW, but the book is a little bit complex. The authors tells the story but not on systematically bases. Thanks to FW, we get a nice summary
Hi friend, can you double check if that MA was daily or weekly? A 10 day MA is going to get hit very often unless you get a big initial push. I am currently in your program and one other guy (Jack Corsellis). His sell rules are 1/3 @ 2R 1/3 @ 10ema & 1/3 @ 21ema. He has had poor results so i will be cancelling with him. I find these short term MAs don't allow your stock enough time to build momentum for bigger gains. I currently am using a combination of wyckoff springs and stan weinstein breakouts. I think i have a potential winner in RIVN but we shall see. ARQQ has had massinve volume pre breakout and FTCH retested and broke out again. Looking for an entry on both.
@@FinancialWisdom honestly man, your channel has an odd content and we get really good insights! I’m not a member yet from your website but I’m a subscriber and I try to give a like 👍🏼 every video that I watch.
Yes it is absolutely working during recession because the next leading stocks are building bases or making new high near the end of recessions... anyways if you follow his guideline you will be mostly sitting in heavy cash position to avoid getting killed during market corrections or bear market.
Man if you don't have the correct or perceived correct volume data you can get HURT trying this. example. In the first example the "follow through day" of atleast 1.5% it meets that criteria but the volume is LESS then the previous so it's not valid. Fast foward to the next "example" of when the market bottomed. Depending on where you get your volume the Bottom out candle has more volume then the follow through day's candle both meeting 1.5%. I'm not entirely sure where your Volume data is from. But that makes a HUGE different. On Tradingview SPY has 3 different volume readings for this same period in time. and 2 out of the 3 have Descending volume for that follow up candle. So no entry.
Amazing stuff, but I have a question for you. As a begginer in stock investing I am confused. I've read several books from Peter Lynch and listened to many Warren Buffet's interviews and both of them emphasize that it is not possible to time the market and the hold period should be forever. On the other hand, you have authors like ONeil, Mike Minervini and these two guys who are succesfully timing the market saying that it is possible if you have knowledge. What is your opinion about this?
Hi Lazar, Yes you can time the market to a certain degree, the confusion lies on when the precise moment is, which is not guaranteed. I have timed the markets for years in terms of avoiding large drawdowns. An example, and there are many, is the recent Bitcoin strategy I made which is able to do just that.
Hello I am a new sub thanks for putting together these educational videos and I LOVE how u tested the method. If u could could u show MORE of the example to reinforce the idea ? But now it got me go back and LOOK at all the charts and see how many of the stock trend works this way . Thank u again
Willism O’Neil seems to be the foundation of many traders and investors but frankly I wonder that he didn’t raise to the level of Warren Buffet and other extremely successful investors, traders and hedge fund managers. Adding to that doubts is the fact that the method tracking ETF posts a bad performance. Is there any serious information out there how successful WO‘N finally was? Just wondering …
William O'Neil was a billionaire, I remember Amy Smith said in one of the podcasts. Gil Morales confirms it: Bill is in my view the true “greatest investor who ever lived,” given that his CAGR over a very long period of time extending back into the late 1950’s is over 40%, and he has dealt with some very large asset sizes.
Thank you for your great videos and interesting book recommendations. But this and also the "Pitbull" are old ones. They are very good, but do you have any recommendation for a new book?
books with similar methods trade like a stock market wizard think and trade like a stock market champion how to make money in stocks trade like william oneil disciple total 3 parts secret of making money in bull and bear market
Having a trading plan is essential for every trader. Trading with Mrs Monroe's platform and understanding its unique premise could help you formulate better your own trading plan.
Excellent video content. Stock trading has been the fastst and easiest way to make good money. Its a save market for all. Just get the help of a liecenced broker.
I totally agree with you. Stock trading is highly profitable and you can make good use of the market when you are strategic about your investment choice. I think a good broker seals the deal.
Thank you. With few years of experience as an investor I've seen and experienced a lot. I'm not really a broker because I'm not licenced to. Mr aziz has been my company and personal broker since 2009.
The world is such a small place. Broker aziz was a higly respeced business man in the UAE before he went for a course in the state which made him a specialist in the field of stock marketing/trading and potfoleo management.
