I was lucky enough to be in Stine's chat for a year, I've read his book over and over, studying the notes I wrote and follow some of his suggestions for years now.
@dragonflydreamer76589 ай бұрын
You read his book and follow his advice, How do you like living in a tent.
@sanketmane71097 ай бұрын
How do you get to his chat? Link? Website?
@matthewsmith6321 Жыл бұрын
Stumbled across this channel and I'm hooked. It's like I'm binge watching the newest greatest streaming series. I'm hooked. Thank you for what you do.
@FinancialWisdom Жыл бұрын
Glad you enjoy it!
@PeaksAndValleys3 жыл бұрын
I bought this book because of your great review. Unfortunately for a time perspective you obviously had to leave out a decent amount, but what you covered is great. This book turned out to be extremely influential to me, but also might be one of the best books I've read. It's as much a book to learn from as it is a text book in methodology. 100% recommend.
@FinancialWisdom3 жыл бұрын
Thanks for sharing!
@artemchuprin17713 жыл бұрын
Totally agree! One of the best books on the perspective of investing. This and Nicholas Darvas' How I Made 2 Million are my favorite books!
@Noaxe_Tegrinde2 жыл бұрын
Your videos are always worth a watch (you can always learn SOMETHING new (like how to spell or be reminded of something you've forgotten!). In this video you asked for other books to review. By coincidence I recently dug out a couple of my older books. The first is 'Trend Trading for a Living by Dr. Thomas K. Carr' which is rather good and includes scanning suggestions. He is a qualified Theologian & Trader so you have to put up with the occasional 'blessing'.... But generally a VERY useful book. There's also Martin Pring's 'Technical Analysis' which is handy but has likely been superseded by us researching definitions on the Internet. Key Pup the good work, NoAxe
@RealestMFOnTheInternet4 жыл бұрын
In case anyone was wondering, this strategy still works. I've been using it for the past couple months and it's been ridiculously profitable.
@FinancialWisdom4 жыл бұрын
Great to hear 👍
@Trumppower3 жыл бұрын
Really?
@vishal76i93 жыл бұрын
@@FinancialWisdom à
@franciscodocalgarcia32783 жыл бұрын
In stocks, crypto, forex, all? I would like to know please :)
@RealestMFOnTheInternet3 жыл бұрын
@@franciscodocalgarcia3278 stocks. Generally I watch for insider trades filed with the SEC and then wait for good breakout setups. Over time this can be very profitable and I trust the markets direction because the CFO, CEO or larger entities invested.
@FinancialWisdom4 жыл бұрын
My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U My Breakout Scanner - bit.ly/3ea6sl8 My Forum - www.financialwisdomTV.com/forum My Strategy Blueprint - www.financialwisdomtv.com/plans-pricing Edgewonk Trade Analysis Software - bit.ly/3xS6S7s Stock Screener & Backtesting - bit.ly/3oO1exN (20% Off Code = FWSDM) Stockopedia - bit.ly/2YIcAIn (25% Discount)
@arjittak8074 жыл бұрын
The Daily Trading Coach by Brett N. Steenbargar. Awesome book on Trading Psychology. Please make video on this.
@FinancialWisdom4 жыл бұрын
@@arjittak807 I'll add it to my list, thanks
@sectorrottation4 жыл бұрын
Mark Minervini's "Mindset Secrets for Winning"
@MyU2beCall4 жыл бұрын
This one is also on penny stocks "An American Hedge Fund How I Made $2 Million as a Stock Operator & Created a Hedge Fund" by Timothy Sykes.
@FinancialWisdom4 жыл бұрын
@@MyU2beCall Great ill check it out thanks!
@GeorgeGawargi Жыл бұрын
Thank you so much. Ever since I watched this video and followed this method, my stocks are going up fast more than 20 percent each, i wish I could post a picture to show you my portfolio, I followed insider trading with some other aspects I bought these stocks ( curo , miro, prax, nnbr bmrx, tphs) I like buying stocks at 52 weeks low plz take a look at their charts last month
@FinancialWisdom Жыл бұрын
Nice work!
@grahambarrett87004 жыл бұрын
Love your videos. It does show how many of the great traders have very similar techniques. Please keep up the good work.
@FinancialWisdom4 жыл бұрын
Thanks Graham, Really appreciate your feedback... absolutely, very similar concepts.
@williamkz4 жыл бұрын
Another excellent tutorial, Gareth. Many thanks. The summary of learning points at the end was helpful, especially the tip about using weekly or monthly charts. Please can you review a book on short selling soon please.
@FinancialWisdom4 жыл бұрын
Thanks Wilkonz - It seems I have promised two more then I will look at a short selling book.... promise :-)
@darylking265 Жыл бұрын
Love your videos on the many financial books that you have read. It's like reading "Cliff Notes" versions of the books. Covers the big points and if you want more details, you can go read the full book later. Excellent material and keep up the good work.
@FinancialWisdom Жыл бұрын
Glad you like them!🙏
@DividendIncomeBloodhound4 жыл бұрын
That’s an insane return I would say!
@FinancialWisdom4 жыл бұрын
Sure is...
@EIStudent3 жыл бұрын
Outstanding video! This is one of the most valuable trading channels on KZbin.
@FinancialWisdom3 жыл бұрын
Wow, thanks!🙏
@donniereidjr4 жыл бұрын
Phenomenal story. Thanks for putting your spin on it.
@FinancialWisdom4 жыл бұрын
My pleasure!
@kgupta22054 жыл бұрын
Start at 5:45, examples 9:40 long base over weeks, high volume break out, low priced share, wait for price volume consol
@DougJacobson23 жыл бұрын
yeah he watches for huge moves out of a base, and says he will load up on the first major pullback to a longer-term moving average. This of course is backed by a strong earnings profile, which I don't suspect many people dig into all that much.
@maxxmahh3 жыл бұрын
There is much more to selection of the stock after you find the pattern, the video helped me discover this book, but it only covers the tip of the iceberg.
@musicaparasaludmental69524 жыл бұрын
I just comment to support and help with the algorithm. But as always, Great source of knowledge and references! Thank you!
@FinancialWisdom4 жыл бұрын
Much appreciated Carlos, Thanks!
@Tsunaniis-j5l Жыл бұрын
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
@MakeamericaGreatagain-h7j Жыл бұрын
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
@Damncars456 Жыл бұрын
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds>
@Tsunaniis-j5l Жыл бұрын
Pls who is this coach that guides you? I’m in dire need of one
@Damncars456 Жыл бұрын
My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@Tsunaniis-j5l Жыл бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@nilabh81itm6 ай бұрын
Very nicely explained...I am reading his book -How to trade in stock...
@meif38882 жыл бұрын
I bought this book. And its is really2 good. Thanks for sharing
@FinancialWisdom2 жыл бұрын
🙏
@MyU2beCall4 жыл бұрын
Thx Man. Keep up the good work. I realy enjoy and appreciate your Vids. And of course I bought this book (y).
@FinancialWisdom4 жыл бұрын
Awesome, thank you!👍
@cagrikanik24033 жыл бұрын
I believe he made all possible faults even he was almost be financially free :) end of the video is the most important part as well
@FinancialWisdom3 жыл бұрын
Thanks Cagri
@spiritualpeace56683 жыл бұрын
Love this chanell must recommend it 2 my friends
@FinancialWisdom3 жыл бұрын
Hi Spiritual Peace, thanks and please do..
@av984 жыл бұрын
Thank you for making such videos. It is very informative and helpful.
@FinancialWisdom4 жыл бұрын
Thank you Akhil
@kt71873 жыл бұрын
What do you think of HOFV as a Jessie Stine super stock?
@FinancialWisdom3 жыл бұрын
Hi KT, Technically yes, but fundamentally not for me, it has considerable debt and is running at a loss, but if you can get a nice stop loss in place it could provide a generous risk reward...
@kt71873 жыл бұрын
@@FinancialWisdom yes stop losses are important! Thanks for all you do. I just took a small position in NTWK would like to know your thoughts.
@dalepittaway725 Жыл бұрын
Mr stine is a legend.
@prabeeth4 жыл бұрын
There is one mistake.That is at 2008 his Networth was between 33.3 to 50 million(Most probably 50 million)(Because he calculated that "2008 trade" can fetche him two or three times return and in that case his Networth will be in 9 figures
@FinancialWisdom4 жыл бұрын
Well spotted.
@MrMattandy3 Жыл бұрын
I’m buying this book
@weng79843 жыл бұрын
This fits my strategy! Nice book, nice video, excellent channel! Thanks for all the learnings!
@FinancialWisdom3 жыл бұрын
Glad it was helpful!🙏
@salmanahmad47872 жыл бұрын
The channel is a goldmine! Thanks for such awesome videos.
@FinancialWisdom2 жыл бұрын
Glad you enjoy it!🙏
@noelghallager46723 жыл бұрын
this channel is amazing. Thank you 🙏🏽
@FinancialWisdom3 жыл бұрын
Glad you enjoy it! Thank you🙏
@thierrydeniau8162 жыл бұрын
Excellent thread , Holding LT super grow stocks Mensuel Graphs on growth Stocks ,I hold 6 stock's divided by 25%each
@mertulasan912 жыл бұрын
thanks
@FinancialWisdom2 жыл бұрын
Thank you
@annupal26354 жыл бұрын
I love your explanation and your channel
@FinancialWisdom4 жыл бұрын
Thanks Annu👍
@lakhangangurde1903 жыл бұрын
Please make video on Richer Wiser Happier book Summary
@boaesgmbh99173 жыл бұрын
Nice, but please explain his selling rules
@shoaibraza978Ай бұрын
Best risk management strategy?
@Trumppower3 жыл бұрын
Thanks this Video is Gold.
@FinancialWisdom3 жыл бұрын
Thanks Trump!
@marcopolo39363 ай бұрын
How he made millions while the dollar volume in these stocks was very low (less than 10m per week in entry)?
@zulkifliabrahman57823 жыл бұрын
Thanks for effort Bro..informative and really enjoy the content. Keep it up!
@FinancialWisdom3 жыл бұрын
Appreciate it!
@omarnunez59442 жыл бұрын
Genial, what a way to explain a book, amazing!!!!
@FinancialWisdom2 жыл бұрын
Glad it was helpful!
@jamesstephen15163 жыл бұрын
Very useful information and case study presentation
@FinancialWisdom3 жыл бұрын
Glad you liked it
@rachitharjai2 жыл бұрын
Great videos on your channel, keep up the good work
@FinancialWisdom2 жыл бұрын
Thank you very much!
@bilalali50353 жыл бұрын
out of 5 start ill give you 6 star thanks Teacher.
@FinancialWisdom3 жыл бұрын
Thanks Bilal🙏
@pranjayarora81153 жыл бұрын
LEVERAGE TRADING ME 10% STOPLOSS TURNS INTO 13% DAYTRADING ME BANKRUPTCY KYON NAHI HOGI
@gangaram07192 жыл бұрын
Nice learning video👍 Thanks for sharing 🙋🏻♂️. Sir, I've a question ⛔⛔⛔⛔⛔⛔⛔⛔👉👉👉👉👉 Can I say a stock is in uptrend on daily chart by DOW THEORY itself or it must be also uptrend on weekly chart by DOW THEORY also???????? Is it a correct idea for finding uptrending stocks???? Request you pls reply. Thanks
@FinancialWisdom2 жыл бұрын
Hi - It all depends on your time horizon. If for example you have a very long view of a stock perhaps 5 years or more then a monthly chart will work better, if you have perhaps a short term 1 month view than a daily chart will be better. Personally I have approx 6-24 months view on most of my positions therefore I find the weekly chart more beneficial.
@gangaram07192 жыл бұрын
@@FinancialWisdom thanks for reply Sir but my question is not resolved. I know a stock is considered in uptrend by dow theory. But as per dow theory should it be uptrend in one timeframe or it should be uptrend in one timeframe higher also ???? I mean uptrend on dual timeframe. That's the question.
@guruvindarsingh43864 жыл бұрын
Every video on your channel is full of knowledge.
@FinancialWisdom4 жыл бұрын
Glad you think so! Thanks Guru👍
@vinayak48593 жыл бұрын
Hey do you train in indian stock markets
@MRZEROTOINFINITY4 жыл бұрын
$46k to $6.8M. Wow 😲
@FinancialWisdom4 жыл бұрын
Yes.. crazy returns :-)
@Dipolimatic4 жыл бұрын
@@FinancialWisdom Got to be bullshit. Has he got proof?
@sectorrottation4 жыл бұрын
@@Dipolimatic Many have done this. The challenge is keeping those profits and being consistent.
@stablegenious Жыл бұрын
great video
@jamesstephen15163 жыл бұрын
5 star. Thank you
@FinancialWisdom3 жыл бұрын
Thanks James
@lakhangangurde1904 жыл бұрын
Very very nice video sir 👌 Please make more videos as trading book summary
@FinancialWisdom4 жыл бұрын
Sure I will
@parichitsharma32984 жыл бұрын
continue the good work brother
@FinancialWisdom4 жыл бұрын
Thank you, I'll try...👍
@Amitkumar-gh7wc2 жыл бұрын
love yours every video, each video is amazing and informative. Thanks
@FinancialWisdom2 жыл бұрын
Great to hear 👍
@modestinvestor3 жыл бұрын
Great video, will be doing some further research on this. A little in shock to discover someone who made $6.8 million over several years would then risk $5 million on one trade!
@FinancialWisdom3 жыл бұрын
Thanks Money
@lakhangangurde1903 жыл бұрын
Very very nice video sir 👌 Please make more videos same topic
@FinancialWisdom3 жыл бұрын
Thanks and sure
@Sketching4Sanity3 жыл бұрын
Much Love and thankx to you for producing such excellent vids.. ✊🏿🔥✊🏿
@FinancialWisdom3 жыл бұрын
I appreciate that
@FrozenDoberman Жыл бұрын
Jesse displayed boom and bust trading behaviour. Luck, leverage, bull market, and some skill all played a part. When extreme profits are banked, it is wise to withdraw at least half the funds for other investments such as prime location real estate. There is never any rush to get back in after extreme windfall profits. He could have bought one million dollars worth of TQQQ in 2010, and do nothing apart from a simple 10/20-week EMA buy and sell rule to minimise drawdowns.
@sillymesilly7 ай бұрын
So are you very wealthy trader/investor?
@alexcindia Жыл бұрын
How to learn stocks based on the pe ratio
@joyjitsinha92533 жыл бұрын
Best book in the earth
@FinancialWisdom3 жыл бұрын
It is an enjoyable read
@mryes81843 жыл бұрын
At 10:10 you say insider buying was evident. It was evident by increasing volume or is there any other reason? Amazing content though!
@FinancialWisdom3 жыл бұрын
Hi, i'll revisit I cant recall...👍
@mryes81843 жыл бұрын
@@FinancialWisdom Thanx man
@mryes81843 жыл бұрын
@@FinancialWisdom i have started reading the book, i'm sure reading myself will clear my doubt. Still appreciate you!
@raychows77122 жыл бұрын
Plenty of superstocks during a bull market until 2008 crash
@athul32734 жыл бұрын
Amazing presentation bro keep going
@FinancialWisdom4 жыл бұрын
Thanks Athul👍
@franciscodocalgarcia32783 жыл бұрын
I really like your review, thank you for sharing. I would like to ask you a question: When he says (talking about a $11 stock that broke out of the $10 support) that "If the company just reported earnings-per-share of $0.35, based on a price/earnings multiple of 20, you determine that your target price is $28 ($0.35 x 4 quarters= $1.40 x 20PE = $28).", Where does that multiple of 20 comes from?
@michaelsteinman13143 жыл бұрын
My guess is that he assumed 20 because 20 is considered to be a reasonable expectation for the p/e of a stock in a particular sector.
@radhikamulasa609711 ай бұрын
Thank you for such informative and inspiring videos. I would request you to make a review on a book named “ High probability trading by Marcel Link”. Thank you 🙏
@FinancialWisdom10 ай бұрын
Great suggestion!
@COOLDUDE0902 жыл бұрын
Wat about IRS tax gain on account
@FinancialWisdom2 жыл бұрын
lots
@hendrasdrtube Жыл бұрын
Did Jesse use leverage?
@ogiecordero50214 жыл бұрын
Risk management left the group.hehe.
@FinancialWisdom4 жыл бұрын
sure did!
@Whitelight77 Жыл бұрын
Sounds like he is using the Darvas box system
@mukesh24003 жыл бұрын
GREAT EXPLAINATION
@FinancialWisdom3 жыл бұрын
Thanks!🙏
@adamn74964 жыл бұрын
Awesome, thanks!
@FinancialWisdom4 жыл бұрын
Thanks!
@pranjayarora81153 жыл бұрын
Oct 267k $ oct 2004(3 yrs few thousand $
@kylehennen Жыл бұрын
Lesson: Yolo until you hit a home run
@Krishnendu18043 жыл бұрын
Thank you for your enormous effort ♥️
@FinancialWisdom3 жыл бұрын
My pleasure 😊🙏
@gwild29273 жыл бұрын
Yet another amazing strategy on your channel, its too much lol I'm paper trading and keep swapping strategies! I'm going to stick with the 200ma you've previously posted 👍
@FinancialWisdom3 жыл бұрын
Good luck!👍
@maxxmahh3 жыл бұрын
Backtest before you go in with real money! My backtest of selling bellow 200 sma and rebuying later above showes that it is a bs :/ better read the book from the video, so you will know why you shouldn't deal with general market in the first place!
@jeromevolckerpowell5080 Жыл бұрын
How is it going after a year
@bossywossy1113 жыл бұрын
Amazing
@FinancialWisdom3 жыл бұрын
Thank you! Cheers!
@yuthpatirathi27194 жыл бұрын
Superb video! Thank you so much man
@FinancialWisdom4 жыл бұрын
Glad you liked it! Thanks yuthpati
@Ivan1012 жыл бұрын
But not a single mention of how he screens for stocks? Without a screening process, all of this information is a bit unactionable
@FinancialWisdom2 жыл бұрын
To a degree, but you can at least get his philosophy and strategy principles...
@hassanhakimi20253 жыл бұрын
volume price analysis by anna couling please
@FinancialWisdom3 жыл бұрын
I'll look at this in a few weeks👍
@Karan-cq8nf4 жыл бұрын
Great content👍👍👍
@FinancialWisdom4 жыл бұрын
Thanks Karan - Much appreciated.
@farhinhalder9131 Жыл бұрын
Very nice video .👌👌🙏👍
@FinancialWisdom Жыл бұрын
Thank you! Cheers!
@garethgazz93323 жыл бұрын
Jesse must have been having tummy trouble with the rollercoaster he was riding in the early days. I have a fairly high risk tolerance but this is mad!
@FinancialWisdom3 жыл бұрын
Absolutely agree
@haamidmohideen4 жыл бұрын
Please review Larry Hite’s new book ‘ The Rule’.
@FinancialWisdom4 жыл бұрын
i'll take a look, thanks...👍
@realjoshuat55513 жыл бұрын
Love the videos. Too bad financial videos have the WORST GOD DAMN ADS EVER!!! Lol
@FinancialWisdom3 жыл бұрын
LOL i know, cant do anything about that sorry.
@bajrangiyadav53824 жыл бұрын
Pls review books by AL Brooks
@FinancialWisdom4 жыл бұрын
its on my agenda👍
@spartavlogs37813 жыл бұрын
Very good video
@FinancialWisdom3 жыл бұрын
Thanks for the visit
@dileep.abraham4 жыл бұрын
Excellent video 👍
@FinancialWisdom4 жыл бұрын
Thanks Dileep - Much appreciated.
@_d0ser2 жыл бұрын
So basically buy with leverage into a bubble and get out before the bubble bursts.
@xwhite2020 Жыл бұрын
Nothing at all like that.
@sudiprai75274 жыл бұрын
So helpfull thnk u brother
@FinancialWisdom4 жыл бұрын
Always welcome
@RG7692 жыл бұрын
Summary starts at 9:50 will save you a few minutes
@realsignals40514 жыл бұрын
Love this 👍
@FinancialWisdom4 жыл бұрын
Thanks Ehigie
@sp-ye7ht Жыл бұрын
But the main point of the book which is insider buying is not covered in the summary..
@vinayaksethu51608 ай бұрын
Hey, U invest in indian markets?
@sqs3093 жыл бұрын
Jesse Stine risk control is more like "All in". Lol
@FinancialWisdom3 жыл бұрын
pretty much
@waheed79693 жыл бұрын
Wow
@pranjayarora81153 жыл бұрын
1500%(9MONTHS)
@sagargoradia28544 жыл бұрын
Please do a review on Larry hite book the rule
@FinancialWisdom4 жыл бұрын
Its on the list Sagar👍
@joezawinulreviewsandreacti25094 жыл бұрын
How do you not have 100k subs?
@FinancialWisdom4 жыл бұрын
Thanks Joe, i'm trying.... lol
@tradingbitcoin023 жыл бұрын
Is it possible to make 50%every month
@FinancialWisdom3 жыл бұрын
NO - Unless you take astonishing risk..
@tradingbitcoin023 жыл бұрын
@@FinancialWisdom 3-4%pr trade
@tradingbitcoin023 жыл бұрын
Should I buy a book or ebook on laptop 💻
@FinancialWisdom3 жыл бұрын
@@tradingbitcoin02 Either would be ok I imagine.
@finstructure50363 жыл бұрын
Hey there i am yash from india and i want to publishe your this video with hindi audio in india can i do it Will you help me to this?
@yinshah33033 жыл бұрын
How did someone who bets big string a few trades together during one of the biggest bull market? There’s enough people in the world to inevitably have examples regardless of skill. I rather learn from someone who made money being long in a bear market.
@FinancialWisdom3 жыл бұрын
That's true - I guess the summary is - You have to be in it to win it..
@dragonflydreamer76589 ай бұрын
Get real ass, bull market doesn't guarantee anything.
@yinshah33039 ай бұрын
@@dragonflydreamer7658 Your superb understanding of language misled you. No one is guaranteeing anything. You’re arguing against your own lack of understanding. D’ass.
@yinshah33039 ай бұрын
@@FinancialWisdomYour statement hold true for the lottery as well.
@FU20124 жыл бұрын
From 3.8$ to 30$ is not a 1500% gain. I may be wrong but i don't think so.
@FinancialWisdom4 жыл бұрын
Hi Fu2012, not sure which chart you are referring to, but with those figures you would be right, that would be more like 800% unless i based it on the risk /reward i cant recall, ill check later👍
@maxxmahh3 жыл бұрын
In the book he usually measures the whole move from consolidation to the top, so from before the breakout, which the author finds impressive, but he probably never caught the entire move.
@franciscodocalgarcia32783 жыл бұрын
Keep in mind, that if I recall correctly, he also leveraged his positions, so it makes sense that his percentages were higher
@MyU2beCall4 жыл бұрын
How about FOREX. Can you do a review on "Kathy Lien" or James Dicks?