STAN WEINSTEIN - SECRETS FOR PROFITING IN BULL AND BEAR MARKETS - Professional Investor.

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Financial Wisdom

Financial Wisdom

4 жыл бұрын

STAN WEINSTEIN - SECRETS FOR PROFITING IN BULL AND BEAR MARKETS
Stan Weinstein teaches the cyclical stage analysis theory to determine the best time to buy and sell stocks. Using trend lines with breakout trading from consolidation periods. He also discusses the Mansfield Relative Strength indicator which he uses to spot stocks which often make huge gains.
Stan Weinstein is a legend in the stock trading world and many other professional traders have used his methodology to form the foundation of their own trading strategies.
Stan was also the author of The Professional Tape Reader where he became well know from predicting stock market crashes.
Technical analysis of stocks is a subject that has been debated for many years Stan Weinstein does a great job of summarising the most important aspects.
Trading Psychology is one of the most important factors in becoming a successful stock trader, if you can enter the markets without emotion, you are more likely to remain a disciplined trader, and therefore become a successful trader.
One of the primary aspects is that of embracing risk and understanding probabilities. If you fully understand trading probabilities you can fully embrace risk.
Links:-
My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U
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My Breakout Scanner - bit.ly/40S034v
My Forum - bit.ly/40S034v
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My Strategy Blueprint - bit.ly/40S034v
Edgewonk Trade Analysis Software - bit.ly/3xS6S7s Coupon Code = FWISDOM
Stock Trading videos:-
Timing The Market - • You CAN Time The Marke...
Best Chart Patterns - • The Best Chart Pattern...
Trend Following Study - • DOES TREND FOLLOWING W...
Trade Like A Casino - • How to Trade Stocks (U...
Dollar Cost Averaging - • Dollar Cost Averaging ...
Stop Loss vs Buy Hold - • Stop Loss Strategy VS ...
Trading Theory - • Best Trading Strategy ...
Dow Theory - • DOW THEORY - What is i...
Past Bear Markets - • PAST BEAR MARKETS & Ho...
Buy & Hope - • FINANCIAL EDUCATION GO...
Warren Buffet - • WARREN BUFFET Investin...
David Ryan US Champion - • BEST Stock Trading Str...
Trading Expectations - • REALISTIC STOCK TRADIN...
Super Trader - • Dr Van Tharp - SUPER T...
Oliver Kell US Champion - • BEST Trading Strategy ...
The Disciplined Trader - • Video
Kristjan Qullamaggie - • KRISTJAN QULLAMAGGIE -...
Avoiding Drawdown - • AVOIDING DRAWDOWN - In...
Breakout Screener - • CONSOLIDATION BREAKOUT...
MACD Explained - • MACD INDICATOR EXPLAIN...
Risk Reward Ratio - • RISK REWARD RATIO - Tr...
William O'Neil Disciples • Trade Like a WILLIAM O...
Dual Momentun • DUAL MOMENTUM | Moment...
Dan Zanger • DAN ZANGER | Breakout ...
Paul Tudor Jones • PAUL TUDOR JONES - Bil...
Spread Betting Naked Trader • NAKED TRADER'S Guide t...
Martin Schwartz Pit Bull • MARTIN SCHWARTZ | PIT ...
Kelly Criterion • KELLY CRITERION | Ed T...
Timothy Sykes • TIMOTHY SYKES - Tradin...
Think And Trade Like A Champion • MARK MINERVINI THINK A...
Van Tharp • VAN THARP Trade Your W...
Turtle Traders • TURTLE TRADERS STRATEG...
Ed Seykota • ED SEYKOTA Interview b...
Thomas Bulkowski Candlestick patterns • CANDLESTICK PATTERNS b...
Nicolas Darvas • NICOLAS DARVAS Box Tr...
Swing Trading • SWING TRADING STRATEGI...
Lone Stock Trader • LONE STOCK TRADER - Fr...
Mark Douglas • NICOLAS DARVAS Box Tr...
Jesse Stine • JESSE STINE INSIDER BU...
Stan Weinstein • STAN WEINSTEIN - SECRE...
Peter Brandt • DIARY OF A PROFESSIONA...
Mark Minervini • MARK MINERVINI- Trade ...
Alexander Elder • TRADING FOR A LIVING D...
Investing videos:-
Joel Greenblatt - • JOEL GREENBLATT - THE ...
Tony Robbins - • MONEY MASTER THE GAME ...
Robert Kiyosaki - • RICH DAD POOR DAD REVI...
The Naked Trader - • THE NAKED TRADER - Rob...
Common Stocks Uncommon Profits - • COMMON STOCKS AND UNCO...
A Random Walk Down Wall Street - • A RANDOM WALK DOWN WAL...
Vanguard Index Investments - • VANGUARD INVESTMENTS |...
As a professional trader I have consumed hundreds of financial books and endured countless hours of self education. My hope is that this channel will reduce the learning curve duration of many aspiring traders by providing the key information in a concise and enjoyable manner.
I also offer a paid subscription service for those looking to see all my investment decisions.bit.ly/40S034v

Пікірлер: 607
@FinancialWisdom
@FinancialWisdom Ай бұрын
My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U Join/Follow my trades - www.financialwisdomtv.com/service My Breakout Scanner - bit.ly/3ea6sl8 My Forum - www.financialwisdomTV.com/service My Strategy Blueprint - www.financialwisdomtv.com/service Stockopedia 25% Discount - bit.ly/2YIcAIn Trading Simulator - www.financialwisdomtv.com/shop
@colonel_kernal2212
@colonel_kernal2212 4 жыл бұрын
Chris Johnson anyone?
@jaysmith3642
@jaysmith3642 4 жыл бұрын
Colonel_ Kernal yes sir.
@sergiomorales4553
@sergiomorales4553 4 жыл бұрын
Yep!
@mike20pr
@mike20pr 3 жыл бұрын
You know it!
@nicolejthatsme
@nicolejthatsme 3 жыл бұрын
Indeed!
@Dreamweavernow
@Dreamweavernow 3 жыл бұрын
📊💸
@mike20pr
@mike20pr 3 жыл бұрын
Stock Market Gems brought me here. Drink Fiji, everyone
@dipla6799
@dipla6799 3 жыл бұрын
that’s bae lol
@lesmasonson4011
@lesmasonson4011 3 жыл бұрын
I read Stan's book decades ago, and also saw his guest appearances on Wall Street Week. The strategy provided in the book is well thought out and non-emotional which is exactly what the average investor needs to follow. This video of the book is superb in every respect. Bravo! I've been investing for over 60 years and read over 300 investing books. This is one of the best.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Hi Les, thanks for your feedback. I agree Stan's book is one of the best around.👍
@McElvinn
@McElvinn 11 ай бұрын
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.
@sherryie2
@sherryie2 11 ай бұрын
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.
@corrySledd
@corrySledd 11 ай бұрын
@@sherryie2 That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.
@AUstinnesc
@AUstinnesc 11 ай бұрын
@@corrySledd Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.
@corrySledd
@corrySledd 11 ай бұрын
@@AUstinnesc credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up
@AUstinnesc
@AUstinnesc 11 ай бұрын
@@corrySledd 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
@alphabeta8403
@alphabeta8403 Жыл бұрын
4:00 Stages 1-4 7:10 The investor's way and the trader's way 9:20 Triple confirmation pattern 10:30 TSLA example 13:30 Must own book!
@SudeepSenNeo
@SudeepSenNeo 4 жыл бұрын
It is a very good book. Sadly it was the last book I read after spending a lot of money on other "popular" stock market books. This is truly the only book you will ever need.
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
I tend to agree Sudeep, its an excellent book.
@Kembaraku
@Kembaraku 3 жыл бұрын
Agree!....
@SudeepSenNeo
@SudeepSenNeo 3 жыл бұрын
@@sebinignatious4645 I got it from Amazon 2 years back
@sebinignatious4645
@sebinignatious4645 3 жыл бұрын
@@kangsaab8323 NO
@SudeepSenNeo
@SudeepSenNeo 3 жыл бұрын
@@kangsaab8323 No, This is main for long term trades, but you can use it in short and medium term trades as well. It works very well there also. But for Intra day it will work but because of the noise the results won't be that good.
@stevensmiddlemass2072
@stevensmiddlemass2072 11 ай бұрын
Investors have just turned back the clock on the Fed’s tightening campaign and cast aside the Fed fears that ruled them for 15 months. It just gets very daunting to me when I’m sitting there looking at charts and trying to determine if i’m right or wrong! I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any suggestions.
@Curbalnk
@Curbalnk 11 ай бұрын
Firstly, You could lose it all and you could win it all. It goes both ways. Second, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
@Shultz4334
@Shultz4334 11 ай бұрын
@@Curbalnk Facts!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.
@colleen.odegaard
@colleen.odegaard 11 ай бұрын
@@Shultz4334 That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the Adviser you're using
@Shultz4334
@Shultz4334 11 ай бұрын
I have *Heather Ann Christensen* as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so. She's a Google-able person.
@colleen.odegaard
@colleen.odegaard 11 ай бұрын
@@Shultz4334 Thanks for the info, i found her website and sent a message hopefully she replies soon.
@silverese1216
@silverese1216 3 жыл бұрын
Magic, absolute magic. Thank you 🙏🏾
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks Silver🙏
@TheAnnieApplePie
@TheAnnieApplePie 27 күн бұрын
I have Stan's book, and have not read it all the way through, but you inspired me to jump back in and read it in entirety because you presented his simplicity and it is so beautiful!
@FinancialWisdom
@FinancialWisdom 27 күн бұрын
Thanks 👍 👍
@adityapawar73
@adityapawar73 Жыл бұрын
This whole playlist is truly amazing ❤️❤️ there's so much to learn 👍🏻 grateful ❤️ love from India 😊
@kevking6954
@kevking6954 4 жыл бұрын
This breakdown is gold! Much appreciated 👍🏾
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Glad you enjoyed it!
@jaytee6565
@jaytee6565 29 күн бұрын
I truly hope that you profit greatly from any of these methods you summarize. You put amazing simplicity in to your videos. Awesome work!
@FinancialWisdom
@FinancialWisdom 27 күн бұрын
I appreciate that! 🙏
@RicherThanIeverbeen
@RicherThanIeverbeen 3 жыл бұрын
Stan is the man!
@morebrokethaneven4788
@morebrokethaneven4788 3 жыл бұрын
just another great video. Thank you
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks again!
@jerryware1970
@jerryware1970 Жыл бұрын
I read it when I was 19 years old in the late 1980s. His simple wisdom has kept me out of trouble.
@hamza361
@hamza361 3 жыл бұрын
Exceptionally brilliant book. Stan gives so many examples to illustrate his points. He seems to be a very private person. Not many pictures or interviews of him around.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Very true..
@sp-ye7ht
@sp-ye7ht 11 ай бұрын
Awesome explanation..👌
@PoeNumba1
@PoeNumba1 2 жыл бұрын
ty for the videos
@jayzap6207
@jayzap6207 3 жыл бұрын
Stock market gems 💯
@wangfang9125
@wangfang9125 2 жыл бұрын
Nice video here, The trading market is constantly evolving with new features, trading opportunities, financial swings with sudden surprises around every corner. The best thing is to stay in shape and don’t let anything catch you on the wrong foot.
@Maria-yi3gf
@Maria-yi3gf 2 жыл бұрын
Investing with an expert is a very good plan for a structured investment portfolio. That's why i have been conducting my trades with Consultant Rodriguez I've learnt to be patient with stocks since most traders tend to get into a stock and get out at a quick 10%, 20% profit. But they miss out the big gains because it trades at a P/E ratio of 40-50.
@Maria-yi3gf
@Maria-yi3gf 2 жыл бұрын
@Davis Smith I can’t drop his contact info in a public space like KZbin but you can reach him on Telegram.
@Maria-yi3gf
@Maria-yi3gf 2 жыл бұрын
@ Consultant Rodriguez
@johnathansteve6148
@johnathansteve6148 2 жыл бұрын
I feel so happy with the wonderful work well done. I invested $10k and received a payment of $27k in 2wks
@loganlaj
@loganlaj 4 жыл бұрын
Well shoot!! I gotta throw this book on my list of books to read!! I’m so pumped to keep reading books on investing🙌🏼 great video.
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks Logan!!
@magicandles5396
@magicandles5396 2 жыл бұрын
Thank you so much for introducing this book. God bless you🙏
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Same to you!🙏
@goncaloveiga
@goncaloveiga 2 жыл бұрын
Great video! Your presentation style, visuals, and concise delivery are gold. Thank you.
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Wow, thank you!🙏
@c.r.palihakkara7179
@c.r.palihakkara7179 Жыл бұрын
this is the best trading book ever!
@jdoher01
@jdoher01 3 жыл бұрын
Great instructional video. Thank you so much.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
You are welcome!
@gorkem1673
@gorkem1673 2 жыл бұрын
Great video. Thanks a lot.
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
You are welcome!
@howardadams9638
@howardadams9638 4 жыл бұрын
Hi Gareth , Another excellent video. I am really appreciating how with your growing number of compilations I can add good practices to my own evolving (still embryonic though) investing practices. Many thanks. Howard
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Hi Howard thanks for your continued support and feedback👍
@mikemullenix6956
@mikemullenix6956 3 жыл бұрын
I agree with you, Stan Weinstein's book is a keeper. Even the trading psychology of human nature is manifested in trend analysis.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks Mike
@leeles
@leeles 2 жыл бұрын
Thank you for this good, helpful summary of Stan Weinsteins book and method!
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
You're very welcome!
@humayunhabibulrichikram3880
@humayunhabibulrichikram3880 4 жыл бұрын
Great summary!
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks Habib!
@bobbeatty4120
@bobbeatty4120 4 жыл бұрын
Interesting how disciplined he is. Also has a lot of similarities with Wyckoff theory. Appreciate the way you put these short summaries together and has certainly identified processes that I had not considered..or knew about!! Excellent series. Thank you.
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thank you for your kind words Bob, much appreciated. I agree, it is interesting how many of the well know traders/investors are closely aligned in one way or another. I'm actually looking at reviewing the Wycoff theory soon.
@thirupathisalveru5411
@thirupathisalveru5411 Жыл бұрын
thank you so much
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Welcome 😊
@gooaomsin
@gooaomsin 3 жыл бұрын
Good thing that you applied the theory to recent developments on some stocks. Good video. Thanks
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Glad you enjoyed it!
@vipulpandeymyfriendworldis7725
@vipulpandeymyfriendworldis7725 2 жыл бұрын
There is Beauty in Simplicity.. thanks 👍
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
My pleasure 😊
@EngMamounAli
@EngMamounAli Жыл бұрын
GREAT EXPLINATION THANKS
@FinancialWisdom
@FinancialWisdom Жыл бұрын
You are welcome!
@tuanjapan
@tuanjapan 2 жыл бұрын
Thanks for your brief . Easy to understand and remember
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Thanks for watching
@elliemarie2426
@elliemarie2426 4 жыл бұрын
Love your videos!!!
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thank you!!
@cagrikanik2403
@cagrikanik2403 2 жыл бұрын
Thanks for the video FW. It is most likely Wyckhoff method. The only missing thing for my side is this system is not so much rule based. But for sure at their years it could work.
@andrestriveno8565
@andrestriveno8565 3 жыл бұрын
Thank you so much just subbbed!
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thank you too!🙏
@stevencui4320
@stevencui4320 4 жыл бұрын
Great work and theory!
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks Steven...
@dileep.abraham
@dileep.abraham 4 жыл бұрын
Amazing video 👌
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thankyou dileep!
@aramrivera2432
@aramrivera2432 2 жыл бұрын
Another great video!!!
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Glad you enjoyed it!
@juancarlosguzman2827
@juancarlosguzman2827 Жыл бұрын
Excellent thanks for explaining
@FinancialWisdom
@FinancialWisdom Жыл бұрын
You are welcome!
@p.m.8316
@p.m.8316 2 жыл бұрын
i read the book and watch this video at least once a year. love it!
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
🙏
@amarnaik2083
@amarnaik2083 Жыл бұрын
Truly appreciate the efforts put in by you and your team! Excellent summary of key points. I have been meaning to read this book since a long time but now after watching this video, I am going to start reading this book right away!
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Glad it was helpful!
@4-tuneb.608
@4-tuneb.608 3 жыл бұрын
I've learn big to this video 🙏
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Great, glad it helped Theee...👍
@ChrisInvests
@ChrisInvests 4 жыл бұрын
Great channel! I think whiteboard animation videos are great for educational stuff 👍
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
I agree, keep it up... I'm still chasing the elusive 1k at the moment :-)
@shrikrishnau2947
@shrikrishnau2947 3 жыл бұрын
Great videos , keep up the good job and very grateful to you to making these, really helpful...Thanks🙏 keep them coming
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks, will do!🙏
@anvil4646
@anvil4646 Жыл бұрын
Thanks Financial Wisdom for a very clear and concise explanations complemented by an appropriate visual and graphic presentations.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Glad it was helpful!
@chadcraves...5068
@chadcraves...5068 3 жыл бұрын
Thanks for explaining this. I am not an avid reader so things like this help me learn more about the stock market faster.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Glad it was helpful!
@nelsonmanzano
@nelsonmanzano 2 жыл бұрын
Thanks!
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Welcome!
@Gates2Aion
@Gates2Aion 3 жыл бұрын
The only ones i need is the v and inverted v but this is a good video on consolidation.
@pankajsharma-ei4bh
@pankajsharma-ei4bh 3 жыл бұрын
AWESOME VIDEO
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks Pankaj🙏
@user-ov7wr7xg2v
@user-ov7wr7xg2v 3 жыл бұрын
Hello, what is the formula of the Mansfield relative strength indicator.
@nishitmehta7343
@nishitmehta7343 4 жыл бұрын
OMG! What a well made video. I can only imagine the effort you must have put to a) summarize the book to fit into a short video & b) to create such a slick video out of the summary Such videos deserve more than 1 million views. But alas! videos with titles like "how to make USD 1 mn in a year" get more clicks than videos like this one. This shows that people always look for shortcuts to make money in markets and thats why they end up not making any money. In reality, through methods shown by Weinstein, Minervini, O'Neil or Stine, it's definitely possible to make 1 million over a period of time Keep up the good work
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks Nishit!
@davidk8457
@davidk8457 3 жыл бұрын
Excellent video of Stan's method. I read this book back in the 1990's and it has been my trading method since. I combine it with looking for 1-2-3 tops / bottoms and just wait for the turns. Thanks for the vid.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Glad it was helpful!
@davidedraghetti1157
@davidedraghetti1157 2 жыл бұрын
Great summary thanks
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Glad it was helpful!
@bladel9
@bladel9 3 жыл бұрын
It'd a good one for long term
@EIStudent
@EIStudent 3 жыл бұрын
This man's videos are gold nuggets. Love them. I'm subscribing!
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Welcome aboard!
@EIStudent
@EIStudent 3 жыл бұрын
@@FinancialWisdom Thank you. The 3rd point you made here, you said the price must be above the 30 "day" moving average. Did you mean 30 week moving average? Or no? Just wondering, because the chart says 30 week moving average. Thanks again for the great work. I can't imagine the amount of research that went into these videos.
@emilsgaard7294
@emilsgaard7294 2 жыл бұрын
Thanks for this great video :)
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
My pleasure!
@williamkz
@williamkz 4 жыл бұрын
Thanks Gareth. Another 5 star video. Although I try not to place too much emphasis on charts, it's always unwise to ignore them and this video summed up the key points. May I add Jesse Livermore and Martin Zweig to possible book reviews. Steris looks interesting.
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks William.
@sushilkumar-vt7ub
@sushilkumar-vt7ub 2 жыл бұрын
You have a great skill of book summerising,you are helping million of trader to become a profitable trader,thanks for such a great video.
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
I appreciate that!🙏
@NicoleDeanna
@NicoleDeanna 2 жыл бұрын
Excellent analysis.
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Thanks Nicole🙏
@sudiprai7527
@sudiprai7527 3 жыл бұрын
Thanks brother for saving our time n ur great review n summary
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks Sudip, my pleasure 👍
@zn4496
@zn4496 3 жыл бұрын
I really appreciate the effort and time you summarise these books and they've been very helpful assisting my selection choices for book to read. Thank you!
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks VN, Much appreciated 🙏👍
@abhinavarasu
@abhinavarasu 4 жыл бұрын
One of my favorite books. An excellent video. Kudos and love the way it's been presented. Thanks for these videos. One small correction though when discussing the stock which fell from stage 3, you've mentioned a 200% decline. Stocks can only fall 100%. The decline from 120 to 40 is a 66% decline.
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks Abhinav... well spotted absolutely right. I'm so used to calculating it from a percentage against stop loss, which is how I suggested this. 👍
@MOON-ht7xk
@MOON-ht7xk 3 жыл бұрын
What else are your favorite trading books ?
@sreedharreddyindian9530
@sreedharreddyindian9530 3 жыл бұрын
Super job sir.. Keep it up
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
So nice of you🙏
@WolfOverclockedCrypto
@WolfOverclockedCrypto 4 жыл бұрын
Excellent video! Your channel is so underrated. Looking forward to the next one. Any trading psychology on the list yet?
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks Wolf - I will be sure to include one soon.....
@drcrypto7746
@drcrypto7746 Жыл бұрын
BEST BOOK I EVER READ
@Amitkumar-gh7wc
@Amitkumar-gh7wc 2 жыл бұрын
Another Great video, good job and very grateful to you. Thanks you
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Thank you too
@kasetteproductions
@kasetteproductions 3 жыл бұрын
Very useful break down. My clients and myself have gained a lot from this book.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Great to hear!
@SudeepSenNeo
@SudeepSenNeo 3 жыл бұрын
Financial Wisdom this is my Favourite video of your channel so far. 😊 And I rechecked the book today. 30 week MA refers to 150 Day Weighted Moving Average (not Simple MA) and not 200 Day. I have also tested it, it works very well for US and Indian stock market and Forex as well. Try it out!
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks for the feedback Sudeep👍
@spiritualpeace5668
@spiritualpeace5668 3 жыл бұрын
I used to put 30 period not knowing 30weeks is actually(150 days)😅
@simple6029
@simple6029 2 жыл бұрын
Not exactly but it's close.
@david-rw1dt
@david-rw1dt 2 жыл бұрын
And SyP500 futures ?
@prasanthmallepeddi5464
@prasanthmallepeddi5464 Жыл бұрын
sorry if its dumb question.Should i select weekly time frame for this to work correctly? also how many months or years timeframe i should watch against 150 WMA to clearly see the pattern?
@harjotsingh9468
@harjotsingh9468 3 жыл бұрын
Great video..💯😍
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thank you 🤗
@alirezasharifan7841
@alirezasharifan7841 Жыл бұрын
In my Idea, this video is the best. Of course my favorite trade legend is Stan Weinstein too.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Yep, he's up there. Thanks
@lakhangangurde190
@lakhangangurde190 3 жыл бұрын
Very very nice video sir 👌
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Keep watching
@omarhernandez3478
@omarhernandez3478 4 жыл бұрын
Excelente vídeo, la explicación es sencilla y fácil de entender. Lo que no vi es donde colocar el stop loss_
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Hola, gracias por los comentarios. Tienes razón y no hay mucho sobre esto en el libro. Algunos de los otros videos dan más atención. Thansk Gareth
@guillaumerosselet1303
@guillaumerosselet1303 Жыл бұрын
I will be reading this book this month! 👍🏻
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Hope you enjoy it!
@AnshulKumar-nn5gb
@AnshulKumar-nn5gb 5 ай бұрын
Tremendous efforts by you for bringing this video. Kudos. And yes the ultimate thanks to author for spreading wonderful knowledge to the entire world.
@FinancialWisdom
@FinancialWisdom 5 ай бұрын
It's my pleasure
@marqusb.liverstein
@marqusb.liverstein 3 жыл бұрын
Damn right, this book is the only book you will ever need
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
It is the foundation of most solid strategies👍
@marcelru
@marcelru 3 жыл бұрын
excellent
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks👍
@rajeshguddi3927
@rajeshguddi3927 5 ай бұрын
Thanks
@FinancialWisdom
@FinancialWisdom 5 ай бұрын
No problem
@abhijitkhialani
@abhijitkhialani 3 жыл бұрын
Good explanation
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks Abhijeet👍
@shawbazsoaia13
@shawbazsoaia13 2 жыл бұрын
I use this method and it hasn't let me down yet. A lot of waiting but it pays off every time.
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Patience is key...
@pchan6305
@pchan6305 2 жыл бұрын
Another book I would highly recommend is Stephen Bigalow's 'High Profit Candlestick Pattern'.
@shakihassar7250
@shakihassar7250 3 жыл бұрын
Bravo ! la vidéo est bien faite. Nous avons l'essentiel mais comme toute formule qui semble simple le plus dur est de mettre tout cela en application cela tient de l'art de la discipline et de l'expérience et probablement plus encore.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks... I think.....👍
@denimulyoto8298
@denimulyoto8298 3 жыл бұрын
What a valueable video,Mark minervini,Bill O'neil and Stan They all use similar strategy,Stan help us to looks in the big picture before we take the trade,his book in my list.Thank U
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Glad you enjoyed it🙏
@alpersunay11
@alpersunay11 3 жыл бұрын
11:40 Unfortunate timing to give a stock name as an example. It felt 37% down just in the following 6 weeks, and it took about 7 months to recover to the initial price. Anyway, it is good to see an up-to-date example of an old strategy.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
But a great example of using a stop loss, usually approx 10% and then await a reentry.
@carterfinance2376
@carterfinance2376 2 жыл бұрын
Steris was a very good pick(160-230$)
@pascal3138
@pascal3138 Жыл бұрын
Great video even after having read the book! :)
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Glad you enjoyed it!
@chrisnickles9498
@chrisnickles9498 2 жыл бұрын
great video, great book! Thank you for all of your contributions, your delivery is one of the best on the web for teaching and summarizing these books. Just a note - you said "30 day MA " but Stan's graphic/rule is using the 30 WEEK MA, just a note. Thanks!
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Glad you enjoy it! and thanks for noting that🙏
@jlee2179
@jlee2179 2 жыл бұрын
One of the best video on weinstein's book
@FinancialWisdom
@FinancialWisdom 2 жыл бұрын
Thanks🙏
@michaelchanfukeung
@michaelchanfukeung 4 жыл бұрын
Best stock trading book. Your video brief us the first few chapters of the book. This video is great. Would you have another video for other chapters of this book?
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks Fu Keung - Sure I could make a part two at some point in the future - I agree Stan's book is up there with the best..
@michaelchanfukeung
@michaelchanfukeung 4 жыл бұрын
Easy to read and with exercise to check your understanding.
@donniereidjr
@donniereidjr 3 жыл бұрын
This is amazing data. Good luck finding the Mansfield RSI in TD Ameritrade's TOS.
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks Donnie👍
@radleyyawitch5458
@radleyyawitch5458 2 жыл бұрын
Can anyone recommend an online brokerage that offers the Mansfield RSI indicator that is already set up on their platform. Thank you
@webyululalbab8006
@webyululalbab8006 3 жыл бұрын
this video deserves 1B views
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
thanks Weby🙏
@Capital_Alligator
@Capital_Alligator 4 жыл бұрын
As a stan follower - this was an extremely well made video. CHEERS!
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
Thanks Jersoner
@KischMusic
@KischMusic 11 ай бұрын
Would really love if you could summarise how he sees the beginnings and ends of broader market bull and bear markets, i couldn't set up some of the indicators he suggested
@frankmanno6207
@frankmanno6207 3 жыл бұрын
What a fantastic video! Thank you for creating this :) - In his book he uses the Weighted moving Average. - But he mentions that he wanted to use the Simple Moving Average but that Mansfield Charts didn't have it so he says that the 'WMA will do'.. Does this mean that we should be using the SMA if we can? Or stick with his second option of the WMA to be consistent with how he traded? Since O'm on the subject then why not the Exponential MA?
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Thanks Frank, It's a while since i read the book so I will need to look at detail. Personally i use weekly charts with the EMA (as you suggest) which uses the most recent data and has more relevance. But overall the principle is the main takeaway regardless of SMA WMA etc. Trade with the trend, within certain stages, with good risk management and you wont go far wrong. Thanks for your comment👍
@frankmanno6207
@frankmanno6207 3 жыл бұрын
@@FinancialWisdom Thanks for your reply.. also, which charting platform do you use that gives you the RS indicator? I noticed that at 10mins 40 seconds you are using RS from Trading-view. I discovered this RS indicator as well. Is there any other charting platform or RS indicator that you can suggest? - I mean I know it's just an indicator, whats the big deal you're probably thinking.. but I feel that the RS indicator is becoming rare. I'm just worried it may end up being obsolete.. A lot of charting platforms don't offer it I don't think.
@edwardverlie6534
@edwardverlie6534 2 жыл бұрын
I agree, fidelity doesn't offer the Mansfield relative strength indicator, it has rsi, which is an oscillator
@francissilva9822
@francissilva9822 3 жыл бұрын
Amazing video!! Love the channel! Stan’s method is great and helps diversify my whole portfolio! You mentioned that you were going to dedicate a video on selling and profit taking. Is it out yet or is it a video like the Darvas method?
@FinancialWisdom
@FinancialWisdom 3 жыл бұрын
Hi Francis, thanks! yes I will get around to it👍
@francissilva9822
@francissilva9822 3 жыл бұрын
@@FinancialWisdom looking forward to it!
@hb1766
@hb1766 4 жыл бұрын
it is a great book for long-term investor, not for day traders.
@FinancialWisdom
@FinancialWisdom 4 жыл бұрын
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