10 Lessons from Market Wizards & Trading Legends

[@alphabeta8403]

3:05 Background 9:20 Study the greats; study your own performance 15:00 Trading takes practice and hard work 20:00 *Stay positive, focused and disciplined* 29:00 Stay in tune with the market cycle and your own trading 34:00 *Focus only on high potential stocks* 39:10 Analyze key themes 42:30 USE CHARTS 45:10 *Earnings gaps* 52:00 Manage risk tightly 58:10 Sell systematically and objectively 1:00:20 *Concentrate into positions* 1:04:10 Conduct post analysis 1:09:00 Put in the work; persevere

[@wallstreetturkiye7512]

Richard can you reach Quallamagie? it would be perfect

[@FU2012]

This has been requested so manu times, I don't think Q is interested in giving interviews anymore. Just speculating, i don't have any evidence.

[@TraderLion]

Help us reach out to him!

[@wallstreetturkiye7512]

@ i will try promise😂 but looks not possible.

[@stephenalderman2124]

Yes that would be good 👍

[@prowlergrig]

he's on a boat

[@sertoja]

one of these few videos, trhat you need to watch a few times every once in a while...thanks, Richard!

[@TraderLion]

Thanks!! Appreciate it

[@kellyquinn6065]

Richard, i have been watching you for a few years.... you have really developed into a good speaker with a fabulous understanding of all aspects of trading... kudos to you ;)

[@TraderLion]

Thanks for the kind words!

[@Technoman7]

"Great video! The 10 lessons are a perfect blend of timeless wisdom and practical insights for traders. Thanks for sharing such valuable content!"

[@TraderLion]

Glad you enjoyed it!

[@pezzodipunto2239]

You deliver a ton of value with these videos. Maybe one other point but it's contained in your other points: Trading is a business, approach it that way.

[@TraderLion]

100%!

[@aadityapokharel3279]

The education this channel provide to us is just invaluable. Everything that one need to know is here. Thanks for all your efforts. Love from Nepal💌💌🤟🤟

[@TraderLion]

So nice of you! Take care

[@prakag]

💯

[@supasawatkittisuttho2798]

Love this video 📖 . Richard and TraderLion team you guys did a very great job. Thanks again 🙏

[@TraderLion]

Thanks!

[@petermassari2387]

Richard. I’ve been doing this for a long time and I really enjoy your interviews. Thk you!

[@TraderLion]

Glad you like them!

[@pateljay1723]

Thank you Richard

[@TraderLion]

Thanks for watching!

[@dr.rameshgohil]

Thank you for such nice learning Full of nuggets

[@TraderLion]

Our pleasure!

[@ericzabala7338]

Thanks Richard , great work and thanks for sharing the knowledge 👏

[@TraderLion]

Glad you found the lessons helpful.

[@cambelljohn4577]

Richard, I wish you and all viewers a very happy new year ahead and a very successful trading career. Thank you for all the extended help through your great content and the interviews with the top in the industry.

[@TraderLion]

Much appreciated!

[@JYoungblood-rf9dj]

Thank you Richard! Have a great week

[@RichardMoglen]

You too!

[@macoveivasile75]

Thank you, amazing information. Happy New Year! 🎊🎉

[@TraderLion]

Same to you!

[@lilywucain8836]

As always, great work Richard! Really appreciate you sharing!

[@TraderLion]

My pleasure!

[@SoniaSyal01]

Thank you Richard for summarizing into one Video! Great Work!!

[@TraderLion]

Thank you Sonia!

[@SunilSethi]

Richard, what a content!

[@TraderLion]

Glad you like it!

[@dr.jaredrsmith]

Your videos are so good! Do you happen to have a link to your trading rules? I would love to see them!

[@sharzilamh]

Thank you Richard for the very informative learning session!

[@TraderLion]

Glad it was helpful!

[@seangreen8262]

Fantastic video. Thanks. Richard, could you please tell me which trader I should model my trading if I want to be a longer term trader?

[@TraderLion]

This is something you will have to figure out yourself. Do a bit of research on the traders who's style aligns with you and do a deep dive. It will take time.

[@MTN1234-]

Thanks for this great gift Richard......Just will add that i have found Mark Richie II to have the best mindset and approach amongst the younger traders and your interviews with him have been inspirational for me in improving my skills...of course the seniors like Minnervini, Weinsten and Ryan are legends and in another league....

[@TraderLion]

Mark is excellent, love chatting with him

[@nilsxx9558]

Great presentation, Richard. Much appreciated

[@TraderLion]

Glad it was helpful!

[@crisa414]

Worth studying and applying the lessons here. Thanks. May I also how do you put a stop loss order and/or what stop order should be placed after market hours?

[@fooling6373]

thank you

[@TraderLion]

Welcome!

[@mehrdadmithra9591]

Very good summary av success keys, appreciate it very much.

[@TraderLion]

Glad it was helpful!

[@tedpappas1559]

Great job as always Richard. Thank you 👍

[@TraderLion]

Glad to hear that!

[@ralphtozier9682]

Thanks Richard. Another great one.

[@TraderLion]

Glad you enjoyed it!

[@JeffHansen57]

Im more of an investor than trader, but still found this helpful.

[@TraderLion]

Great! the same principles apply

[@JoseGarcia-ry9pq]

thank you, Richard, for another great video.

[@TraderLion]

Glad you enjoyed it!

[@allrightjack]

Thanks buddy ❤

[@TraderLion]

No problem 👍

[@forex.signal.on.youtube]

this video is so good; inspiring, insight, non-technical; happy trading

[@TraderLion]

Glad to hear that!

[@mehdikhosh8879]

Great lessons, thank you so much, dear Richard.

[@abdellatifsamadi3022]

just brilliant...1000 thanks

[@TraderLion]

Glad you liked it!

[@autoteller]

Thank you for the video. Very informative. One question. How can I add to a profitable position within 30 days after my initial buy without taking the risk of triggering the “wash sale rule”? I spoke to an advisor at Charles Schwab about this issue and he also wonders why you tube traders seem to be unconcerned about the “wash sale rule” as they add to original positions or re-purchase a stock after it has recently been stowed. The wash sale rule means that if a stock is purchased within 30 days of purchasing it the first time and then is sold for a loss…… that loss can’t be claimed. Am I missing something?

[@KennyStratton]

Thank you, Richard ❤️

[@TraderLion]

Welcome

[@nac554]

great work man...Thanks for this kind of content....it helps new traders alot.....i am from pakistan.....love it

[@TraderLion]

Glad to hear that!

[@tradersclub4193]

Thanks for this video ❤

[@TraderLion]

My pleasure 😊

[@twinklestars1391]

thanks richard, great insights

[@TraderLion]

Glad it was helpful!

[@mustafabashir3950]

As someone who is interested in getting into trading. which trading youtubers would you recommend me learning from apart from yourself as a complete beginner

[@TraderLion]

You gotta try different styles of trading and stick with the one that suits you!

[@jawadkhudadad2482]

Full of gold nuggets. Thanks Richard

[@TraderLion]

My pleasure!

[@Nikhil-gm8ks]

Thanks, full of knowledge and great lessons as usual.

[@TraderLion]

Welcome!

[@johandeleon1810]

Well done, great presentation.

[@TraderLion]

Thank you kindly!

[@evgenytaver5670]

What would be your advice for people who want both, short time trading and long time investing?

[@luisbravobarros2200]

Gran video como siempre, Richard.

[@RichardMoglen]

Thank you!

[@TraderLion]

¡Gracias!

[@paulvarey2416]

Really great presentation with valuable insights. Well done.

[@TraderLion]

Glad to hear that!

[@NupeAtl]

Risk is easy once mechanical. After trend following feels easy, you've made it.

[@TraderLion]

Absolutely! Once you have a solid strategy in place, managing risk becomes much more straightforward. It’s all about that consistent approach!

[@bpb5541]

Agree. Need setups and events that get you in and out. Trading is almost totally mechanical with the exception of taking profits... there is a bit of art in that.

[@WellingtonLaurette]

Thanks for the analysis! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

[@payam5330]

Great lessons. Thank you.

[@TraderLion]

Glad you like them!

[@Action_Clips_CODM]

Richard what is this Google checklist you created for yourself called. How and where can I create one for myself

[@mayavi86]

Great Video Richard, but nowadays the problems is too much information and yes it can help us to shorten the learning curve but applying and buliding the Super trader phsycology will take time.

[@TraderLion]

Absolutely

[@drdontpassone8164]

great job........always good is rm

[@TraderLion]

Thanks

[@bpb5541]

You need training ... pay for it. Pick one of the OGs that still exists and still trades. Once you get training you still need to get experience. You only get that by actually trading real money. In order to get to the other side you have to manage risk... and learn to lose. Nothing is 100%. You can have 9 awesome trades and 1 crappy one can wipe all of those out. It is our job to kill the trade if the reason we got in no longer exists. It is that simple... and that is where you put your stop loss (preferably mental but it you don't have the diclpline to take it when need but a hard one on). My trading journey took me over 5 years and $30k. It went like this. Lots of losing, training, some more losing, less lossing, Break even, winning, winning, winning. It's a process don't think you can just jump staright to winning. It does not work like that. You must pay your dues. The dues are in the losses. All that said nothing is a 100% ever. It does not exist stop looking for it. Control your losses.

[@TraderLion]

Thank you for sharing your journey! It's inspiring to see how dedication and experience can turn losses into valuable lessons.

[@EXTENDED_SCALE]

Love this content

[@TraderLion]

Glad to hear that!

[@kauaifishing1365]

Thanks Richard! Looking forward to my interview with you at the end of 2025…USIC Champion

[@TraderLion]

Can't wait!

[@drdontpassone8164]

is dr wish still alive,if so bring him on . would be great

[@yinshah3303]

I’d be interested in how the weekly chart traders keep their stops below 5%.

[@neptunerav]

what MLB team are you a fan of??

[@RichardMoglen]

Nationals

[@pateljay1723]

😊

[@TraderLion]

Thanks!

[@rkjain6338]

There is typo - is it Vibha Jha?

[@TraderLion]

Yep! Apologies

[@birsha3986]

thx, can i get a 50% off coupon for olliver kell masterclass?

[@TraderLion]

There's a sale going on currently. Check it out

[@my3m]

As Qullamaggie put it, unfortunatelty most traders will learn these lessons after facing losses. Most people change after some pain.

[@TraderLion]

Thank you for sharing your thoughts!

[@navediqbal3075]

First 🤟

[@TraderLion]

nice!

[@navediqbal3075]

@@TraderLion Just finished watching entire video. Excellent video and guide to understanding the mindset and techniques of successful traders. Thank you for sharing the wisdom of market experts.

[@satagoeric]

Gold nuggets

[@TraderLion]

Thank you!