Loved the new series…I would like a conversation on hedging a portfolio.
@Duke-2254 күн бұрын
It's because successful traders must constantly do things that are very uncomfortable for human beings to do including 1) taking losses 2) going contrarian 3) going with the trend 4) being disciplined
@kilianvannier21114 күн бұрын
i think , once u understand how to analysis, how market work and all, the only things difficult is to fight against yourself, some have very strong mind and never trade outside of there rules, and some do
@martinp210004 күн бұрын
Yeh I worked at a well known cfd company for years and even the old market professionals blew up their accounts. The only ones that won ended up in criminal fraud cases or asic cases for insider trading!
@Jonathan-yd8ud5 күн бұрын
I work for a well known brokerage, the 80-90% of retail traders losing money is nonsense. The true figure is closer to 98% over the long term and it's all due to mentality not charting or lack of knowledge with technicals etc..
@khalidalhasani87065 күн бұрын
Really nice video, i would love to ask : what do think of AI these days i feel it is somehow think like a real human (unlike the robotic trading these days) do u think one day we won't be able to compete with AI?
@davidjonestrading5 күн бұрын
Good question - that's probably a whole new video! I suppose if someone uses pattern recognition for trading that is definitely somethign that could be learnt by AI and perhaps refined as time goes by. Will be interesting to see how it all develops.
@shamilliasivathambu11035 күн бұрын
Interesting topics and love the candour.
@chinonsomichael98395 күн бұрын
First to comment
@Paul-mm8bf8 күн бұрын
Happy Wednesday 😊
@David-b6i5c8 күн бұрын
Problem with longer term trades is carry fees eat all your profits on most leveraged platforms, been my experience.
@davidjonestrading8 күн бұрын
Hi David, I think it depends how logn you hold. It has definitely got mroe expensive in recent years with interets rates going up, but for me, for trades of 3 months or less, it still can make sense. Although in some markets like e.g. Nat Gas it can get quite costly. Thanks for the comment.
@mankydave6712 күн бұрын
Thanks for the video David. Very insightful as ever.
@davidjonestrading12 күн бұрын
@@mankydave67 glad it was useful - thanks for the comment.
@Paul-mm8bf13 күн бұрын
Happy Friday
@jonathanlee518514 күн бұрын
👍Thanks, when it comes to trend-trading longer term, you are the go-to guy for a clear big-picture. Thanks too for looking at ags and softs. 👍
Pharmaceutical companies and pension funds do not want you to live to retirement age and want you to consume coffee and sweets.
@Irontrader.Wallstreet15 күн бұрын
Gm David - /CL Crude upside watch the key 200sma 75.46 a close above then 76.24 - 77.40 - 78.46 -- downside watch the 8sma 72.88 -- /NG Natgas wet & wild as usual sideways action downside watch 3.59 8sma - 3.52 21sma - upside 3.73 a close above then retest 4.01 - Great Vid David
@BillHicks42014 күн бұрын
Ah you're here!
@Irontrader.Wallstreet14 күн бұрын
@@BillHicks420 Ya David is very good & I like to get different perspectives on the market
@BillHicks42014 күн бұрын
@@Irontrader.Wallstreet Yes, you're the one who recommended him to me :)
@Irontrader.Wallstreet14 күн бұрын
@BillHicks420 I like to take in all the info I can makes me a better trader now I don't watch to many Vids but there are a few traders out there like David who really no how to trade. Information is a very valuable Commodity
@BillHicks42014 күн бұрын
@@Irontrader.Wallstreet That's true. The key is also how to discern what is a good source and what is not a good source, so looking at successful traders is better than all these KZbin "gurus" making money on nonsense. Of course, easier to figure out when you yourself have experience! My goal is to enroll in a course once I can cough up the dough!
@m_maktabi19 күн бұрын
happy new year ,,best wishes
@cyberfandvd19 күн бұрын
Happy New Year 2025 , David 🥳🤠 Wish you all the best for you and your family
@Irontrader.Wallstreet19 күн бұрын
Happy new yr David -- 2025 going to be a great yr just have to trade the charts in both directions
@Paul-mm8bf20 күн бұрын
Happy new year
@cyberfandvd20 күн бұрын
7:10 The funny part is I was asking ChatGPT somthing when you say:"I asked ChatGPT.." 😂🤣🤪🤪
@berndrosgen171319 күн бұрын
😂
@regenerativeliberty791520 күн бұрын
Northstar Clean Technologies?
@jonathanlee5185Ай бұрын
Thanks 👍
@georgekyriakou1720Ай бұрын
Tweak your volume up next time please
@Paul-mm8bfАй бұрын
Happy Friday
@fredrickpius8141Ай бұрын
What about Gold sir?
@jonathanlee5185Ай бұрын
👍Thanks.👍 Retail Joe's trading mistake: we confuse economic reality with stock-market artificialities. Germany : 0% growth, 6 % unemployment, but DAX at all-time highs! (So, we feel less foolish when our short trade is a loss)
@davidjonestradingАй бұрын
It’s a fair point - markets can be illogical a lot of the time. “The market can stay irrational longer than you can stay solvent” as the famous saying goes.
@Paul-mm8bfАй бұрын
Happy days
@RailwayTavernАй бұрын
Good vid Dave, nice and simple message there. Ads in the middle work much better now so nice job with that timing too 👍
@davidjonestradingАй бұрын
I followed your tip! 👍
@Irontrader.WallstreetАй бұрын
David is Awesome -- Trade the charts have No Opinion is how you make money Irontrader.Wallstreet
@riccimcelwee4508Ай бұрын
I closed my Nasdaq just now for a nice little profit (short term trade) these things just keep going don’t they.
@davidjonestradingАй бұрын
They really do - it has been a great period for just going with the trend.
@Aliveyselyarış-t9qАй бұрын
tahxn you david you are the best for me
@mankydave67Ай бұрын
Wonderful infomation and explanation as ever thanks David. I always enjoy your videos cheers. On this trade, were you investing 0.2 per pip but can I assume you were leveraging, or was it just that size for demostration purposes?
@davidjonestradingАй бұрын
Hi, yes there was leverage on that trade. I can't remember it to be hoenst without watching back! The most important thing for me is the level of risk per trade.
@johnbowling4269Ай бұрын
Hi David, Could you please clarify which broker you use. The video link from you website mentions one company and has a few trades dating back to Mar 2023 yet your current video shows Trade Nation. Thanks
@davidjonestradingАй бұрын
Hi John, it is TN now, so I need to update that old page. Details here www.bit.ly/davidtrade
@jonathanlee5185Ай бұрын
👍Thanks for being honest about your Dollar trade going sideways, and where its Stop is positioned. 👍
@davidjonestradingАй бұрын
No problem 👍I am always honest about winners and losers. There is far too much rubbish talked about trading making out it is easy money. Dolalr has turned a bit for me this week but still against me so far.
@jonathanlee51852 ай бұрын
Thanks 👍
@Paul-mm8bf2 ай бұрын
Happy Friday 😊
@glories22762 ай бұрын
The trading platform is so good that it was designed to ensure that 80% of normal distribution in the population will loose money 🙂
@davidjonestradingАй бұрын
Welcome to trading.
@christopherrego87062 ай бұрын
If $3000 is eventually taken out, where do you see gold going long term? 4-5 k over the next several years?
@jaydmhearne2 ай бұрын
Thanks for the video David! 📈📈📈
@diidoo10602 ай бұрын
thank you David, for these long term trades, don't swaps eat into your profits?
@davidjonestradingАй бұрын
Hi, it does have an impact. So I wouldn't use leveraged trading for really long term stuff but for anything up to a couple of motnhs or so is normally fine. Was much more cost effective of coruse when rates were near zero!
@cyberfandvd2 ай бұрын
Thanks,David 👌💫💥As always you and TA are great !
@Irontrader.Wallstreet2 ай бұрын
Great Vid David - GOLD had a very nice run into the US election upside watch 2674 50sma then 2690 21sma IF Cleared then 2717 - 2758 - 2772 then the retest 2801.80 a close above the breakout 3k here we come -- downside watch the 8sma 2605 then the 100sma 2573 then the retest 2541
@Paul-mm8bf2 ай бұрын
Happy Friday 😊
@Paul-mm8bf2 ай бұрын
Happy days
@KenLahne22 ай бұрын
What brand & monitor size left & right?
@davidjonestrading2 ай бұрын
AOC 32"
@simphiweraymondmajola3752 ай бұрын
Thanks as always David, and I think you may wanna look at positioning your camera on the bottom left/right so we can see the asset being analyzed.
@thehermeticist83012 ай бұрын
It's a zero sum game .. for someone to win a pound someone has to lose a pound... you have to beat your losing trades and your brokers spread ... most the software out there doesn't even show orderflow .. your better off bet trading get on betfair with bet angel software at least you stand a better chance or should I say you have a fair crack at winning ..