I use my age-old Murphy's Law Trade formula: Whenever I buy a stock, it always goes down. When I sell it, it always goes up. It never fails.
@kobepower3 жыл бұрын
that means ur timing is off. so look at what time u buy and take 30 mins to wait i been there
@szbmedia2 жыл бұрын
Brilliant 🤣
@76biggdogg2 жыл бұрын
Just do the opposite of your initial plan .... Easy peasy, lol .... Jk of course
@76biggdogg2 жыл бұрын
You are most likely trading against the bigger trend.
@NxGDE50MErK2 жыл бұрын
Whelp, when you take a trade get a loved one to do the opposite, I'm sure they'll thank you when they're rich 🤑
@prokter8bp6692 жыл бұрын
5 years after this video is posted and still so relevant. im new to trading and ive learnt so much from your videos. David your a top teacher. Thanks
@Rios1012 жыл бұрын
Facts!!! Also relatively new to trading. And it isn't easy as it seems
@MrPangulo0075 жыл бұрын
"you have to be patient,(which is a problem for all of us)" true that.
@tunim43544 жыл бұрын
😁👍🏼
@cheesy888au6 жыл бұрын
Thank you. You’re one of the few you tubers who can explain things simply and you have helped me immensely.
@kenbridgeman85904 жыл бұрын
So nice to have somebody TALK to us instead of yelling at us. Really like your communication style. Thanks!
@GianniGirolamiJiening5 жыл бұрын
really like David's introduction of the "divergence" part and the use of several lows as reference for a stop-loss. very valuable!
@mr.everything1834 жыл бұрын
Had no idea about this divergence thing, but I went and looked at some old investments, and wow. It’s so clear now.
@alexs5553 жыл бұрын
Still watching and learning in 2021. Thank you for your hard work putting the videos online!
@fitnesslibrarian90137 жыл бұрын
My god. I’ve just been obsessed with trading lately. These videos are the best I have found. You are a gem. Thank you for getting me even more balls deep into this subject.
@TheHannible6 жыл бұрын
Did you start trading P? If so how are you doing I am still reading reading reading!
@ch3ckm86 жыл бұрын
Learning RSI is definitely essential for trading. Probably the easiest and most reliable indicator in existence.
@markassbrownlee27395 жыл бұрын
Remembering 1992 what about swing trading?
@PonteRyuurui3 жыл бұрын
this channel is pure gold
@integer224 жыл бұрын
This series is so good, by far the best I've found on KZbin. Great work David, you're a brilliant presenter and educator and it is very much appreciated. The quality of these videos far exceeds what I'd expect for a free KZbin series, thank you!
@nflbestfootballclipsever91383 жыл бұрын
I'm glad I found your station on KZbin. You have quite the calm demeanor when you teach. What a great guide to the RSI
@rolexrakes52904 жыл бұрын
very good presenting, clear, concise, to the point, does not over labour points or drone on, relaxed consistent approach. Thanks for doing what you do well! Really helps.
@Andrew-yl7lm4 жыл бұрын
Good video as always, been using 212 for almost a year and I've had success following advice and tips from these. Really good job guys, thanks.
@BruceWangInvest5 жыл бұрын
I’ve prob made the most profits from RSI. Thanks for the tip about bullish/bearish divergence. Will look out for that!
@brendangolledge83124 жыл бұрын
Really? What asset and what strategy? I looked at the history of rsi vs price movements on bitcoin and found that it was essentially correct on the scale of weeks, but as good at flipping a coin in the scale of years. I was thinking from this that it shouldn't be used for anything apart from judging the timing on markets that you already want to enter/exit.
@bakr0x6 ай бұрын
love this, probably the best rsi explanation content I've seen so far. thanks man
@abhishelke1236 жыл бұрын
Man let me thank you as setting of 10 periods for RSI has made all the difference for me.
@crazyyutober11505 жыл бұрын
You are the best. I try the MACD and RSI with my DEMO account, and you are 100% right!
@dub_tim3 жыл бұрын
a mathematical and a simple explanation. gave me a good insight in the RSI area
@hareshadvani35432 жыл бұрын
Thank you. You have explained things in a very simple and concise way. I have seen so many videos of other channels, I do not understand. find the concepts complicated, leave it half way...You have explained it so well, I cannot believe it could be explained in such a simple, to the point manner. Thank you again. Keep up the good work.
@sasidharanpillai42857 жыл бұрын
you are explaining in simple terms and newly known about divergence , thank you sir
@hashemfathi16464 жыл бұрын
Thank you for putting your videos without any stupied commercials
@darinwade77685 жыл бұрын
Excellent overview I learned fast on this one..RSI are great for determining how long a sell trend will last, thanks you for teaching RSI in a less complicated view, thank you the background charts are visible and always say what studies and indicators your using big thank you..
@MrMichaelBPedersen7 жыл бұрын
This is some great advice, loving the in depth explanation and tips, rather then just talking simple signals.
@alireza47345 жыл бұрын
Your explanation is fantastic. You teach everything in a very good clear way but I highly recommend you to try to use Word or something like that for writing formulas and notes. Thanks a lot David.
@chemistryinaction57884 жыл бұрын
I gave you double like, a very easy explanation
@TheConsciousParentingShow2 жыл бұрын
This was really simple and easy to understand. Thanks David.
@joeybaez17457 жыл бұрын
LOVE THE WAY YOU EXPLAIN THINGS, VERY UNDERSTANDING. THANK YOU SO MUCH DAVID
@stevenmccarthy7946 жыл бұрын
Thank you, you explained it so simply and so clearly. Very helpful. This is the first of your videos I have seen but I will be looking at some more. Thank you.
@onsitelr36925 жыл бұрын
I love your videos, you honestly explain everything so simply yet with so much detail I really appreciate your knowledge! Thank you!
@TopJoo77 жыл бұрын
Today, I understood what a bearish divergence is, thank you kind sir.
@July-A77 жыл бұрын
There's no such thing as divergence that shows direction afterwards. It may go up just as well as down. Don't rely on divergences.
@LifeSuxAss6377 жыл бұрын
thats any indicator or signal lol
@jaeprince60806 жыл бұрын
lmao
@moons47686 жыл бұрын
Lol. RSI divergence is everything.
@tr4gik115 жыл бұрын
@@July-A7 Its just an indicator Son like all indicators it does not predict 100% move on market , nothing does.
@TomyBach4 жыл бұрын
Thank you for explanation of this oscillator ❤️ Helped me a lot
@ZukeTiki4 жыл бұрын
Awesome video.. i had to figuer it out on my own.. p.s. the 4 hour chart is the best one to fallow.. if the weekly chart agrees with the 4 hour chart to buy buy buy then brother you better buy in. But then you have to wait and only sell when you are at your highest point.. not by the end of the day like most people want. It takes weeks even a year sometimes to hit to roof.. a 100 dollar investment can net you thousands though in the right spot. Bravo on this video for explaining it very well
@deborahshields55554 жыл бұрын
Excellent session - The Divergence is an awesome tip. Need to get the sharp eyes for the money!
@himynameisjc914 жыл бұрын
This video was very helpful. Thanks
@deynna454 жыл бұрын
Wow this is great I was trading off volume as a new trader, I feel like I can do so much better now, great video
@climberly6 жыл бұрын
Awesome video! It really helps. Keep up the good work!
@idbountyhunter6 жыл бұрын
One of the best explanation that I have seen, thank you for your time in making this video.
@RajendranChinnaveeran4 жыл бұрын
Very simple way clearly explained about RSI. Thanks.
@nerdkeyboard5 жыл бұрын
Thank you, Sir. You have done a wonderful job in explaining the RSI. This has truly helped me.
@itzradianttv75365 жыл бұрын
Great and informative. have always wanted to know more about RSI I see. Thanks, David!
@labjujube7 жыл бұрын
very helpful! I just found that WMT had a bullish divergence at 02/05/18 and 02/09/18... Might have made a profit if have seen this video earlier!
@SaltwaterOutlaw5 жыл бұрын
Great job explaining the concept, look forward to checking out some more of your videos.
@rachelclements15553 жыл бұрын
Dude, you are a legend. Thank you for this.
@MrMathsimon3 жыл бұрын
You explain things so easily. Subscribed!
@tmlpgm9 ай бұрын
Nice explanation, just used it and it's really relative... Thanks!
@TH1204554 жыл бұрын
Excellent as usual. thanks
@vivrd4 жыл бұрын
This is AWESOME!!! Thank you sooooooo very much. Most crisp explanation. Thanks.
@peruzfinest073 жыл бұрын
What an awesome video!! I love your channel!! Liked and subscribed!
@ScottWilder5 жыл бұрын
Great explanation of bullish and bearish divergence.
@awaken82824 жыл бұрын
Thanks, easy to understand
@lugombear22692 жыл бұрын
Good point on RSI is that you can find divergence on different timeframe. So if you dont see in D1, check H4, or H1 and you can find divergence there. That way is more sensible. For sure if you find divergence in D1 or H4 is more stronger and good confidence to go into trade.
@RanaWinckler Жыл бұрын
Your work is just incredible! Thank you for it
@jo84224 жыл бұрын
Nicely and calmly explained
@samsaleh34472 жыл бұрын
Excellent explanation of RSI 👍🏻
@PeterDful5 жыл бұрын
Thanks David for your contribution We all need to start somewhere. Ignore the dislikes,
@AriffAffendi7 жыл бұрын
been subscribed to you,Sir since early this year. and start training Divergence for the past 3 months now. EURJPY H4 blips.... time to go short.
@thesidehustlecrew65335 жыл бұрын
Simple and lucid explanation of the concept. Thanks a ton!
@stoneyj1a1 Жыл бұрын
Good explanation, i learned something new. I've never had much luck with RSI so maybe this will help.
@Trading212 Жыл бұрын
Glad it was helpful!
@emilybird97613 жыл бұрын
Thank you so much for this, I'm a better trader today and have applied what I've learnt already. :)
@D2152934 жыл бұрын
Excellent Video, very helpful
@darkblueturbo6 жыл бұрын
I saw this an hour too late. Made a trade at lunchtime using exponential moving averages and have been trying to figure out why the stock I bought has gone down instead of up. Using this RSI technique I have my answer. Shame I didn’t watch it this morning :(. Thank you though.
@chrisjones26254 жыл бұрын
Thanks, very helpful
@MFXCenter7864 жыл бұрын
Great video and everything to know about RSI indicator. Thanks a lot
@bridges1746 жыл бұрын
I appreciate this video and your teaching style, good stuff.
@divinesamadhi60394 жыл бұрын
Thanks David Jones the Video was helpfull to study RSI more deeply
@rohitrambo5555 жыл бұрын
Really helpful ... Your videos are probably the best and well explained.. Thank you so much . Please make a video on Calendar Spread. 🙏
@kashifkhan-kj7eu7 жыл бұрын
Thank you Davis, I am working on so many strategies and systems but believe me your video helped me to learn few new things about RSI, I loved your way of explaining, don't know if you have done this before but I would really like to see your trades in action, based on strategies/systems you're using :) ;)
@ahhmrbond6 жыл бұрын
Really fantastic video yet again. Thank you.
@r_m55454 жыл бұрын
Thanks a lot sir for this informative video..
@GhulamMustafa-zs6xt2 жыл бұрын
A great work out by you thank you very much please explain how to buy and sell by RSI indication, on what percentage we should buy and on what percentage we should sell. and between what percentage we should stop buying and selling,
@BillyReedMusic4 жыл бұрын
Thanks, David! Great info!
@ArnoldsDesign3 жыл бұрын
Could you use the RSI as a momentum indicator?
@paulbarker56353 жыл бұрын
thank you. well explained and a good tone of voice.
@Flanknodger2 жыл бұрын
Thanks. I was able to easily follow your explanation.
@jimreeves266 жыл бұрын
Sir after seeing your video of rsi. I making profit past 3 days .I.use rsi Current market updates .using top gainers end losser .I'm doing profit
@ktxed7 жыл бұрын
judging by his writing I suspect the guy was an MD before he was a trader
@davidjones24527 жыл бұрын
Ha! It is dreadful.
@desertrose895 жыл бұрын
Whats an MD?
@Josh-tt6zg5 жыл бұрын
@@desertrose89 Medical Doctor
@desertrose895 жыл бұрын
@@Josh-tt6zg haha funny
@nesramen5 жыл бұрын
Yes, ugly MD handwriting.
@mentormuller89292 жыл бұрын
Thanks for this simple explanation!
@lu83644 жыл бұрын
Thank you! I like using RSI too.
@optionsbbq6 жыл бұрын
Very well done video and excellent points. Appreciate your approach.
@WheelerRickRambles4 жыл бұрын
Thank you! Thank you! ...from Rick in AZ!👍😀👍😀
@crookassassin3 жыл бұрын
Great video, easy to understand, many thanks!
@oliverpaulantioquia69314 жыл бұрын
Sir how about the 5 percent rule? I read a text book that this is important rule dealing with this kind of indicator
@AK-bq8uo3 жыл бұрын
How can I edit RSI settings or select a different period?
@marcusharvey56263 жыл бұрын
Explained so succinctly, thank you !
@Storytelling352 жыл бұрын
Thanks mixed with three ema and ema right now just starting out
@jeankenissan15286 жыл бұрын
I'm on a david jones/trading 212 marathon and watching all the videos from the start of this channel. Really really good info and this was one of the best videos for me! If we have 6 days where market gains 10 points and 4 days where market drops 10 points for example our RS would be (60/10 ) / (-40/10)= 6/-4 = -1.5 and our RSI would be 100 - (100/ (1 - -1.5))= 100 - 40 = 60. Is that correct?
@electronicmau5383 жыл бұрын
This was great! Thanks for explaining it in such a simple way!
@joshuajohnson92233 жыл бұрын
Thanks for a simple explanation.
@sheikhwasim41907 жыл бұрын
Great video and valuable information.. Getting to learn a lot of things through your videos Thanks a lot sir.. ✌🏻
@rehanzamindar65336 жыл бұрын
Once you spot divergence also see if price has struggled in recent past to make lows/highs. Check how deep were the earlier retracements . Deeper retracements just before the divergences are better winners. Then enter on lower low or higher candle...
@PerfumeVibe4 жыл бұрын
Nice explanation, thank you sir ❤
@shreyankchhajer54975 жыл бұрын
YOU EXPLAINED PRETTY WELL! KEEP IT UP
@chesterstoyeck95585 жыл бұрын
Enjoyed the Video. You explain the RSI very well.
@marekboguszewiczPM6 жыл бұрын
Very well presented , I’ve worked in trading floors myself to more in trading systems technology management, but have to say very precise and clear ...
@aldiwibowo80116 жыл бұрын
Thank you very much for all hard work you do! I gain a lot from watching your channel. If I can suggest, please make more video about other indicators (e.g. ADX, William%, CCI, Parabolic SAR, etc). Thank you again!
@stephanlindstrom32967 жыл бұрын
Your videos are brilliant thank you I've learned a lot