How a Swing Trader Achieved Multiple 100%+ Years After Blowing Up | Sean Ryan

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TraderLion

TraderLion

Күн бұрын

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@TraderLion
@TraderLion 6 ай бұрын
📘 Get your FREE 115-page Ultimate Trading Guide! - traderlion.com/YTC-UTG 👇 What you'll learn! -------------------------------------------------------------------------------------------------------------------------------------------------------------- Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back. Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions. Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential. Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis. Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts. Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques. Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.
@RichardMoglen
@RichardMoglen 10 ай бұрын
Really enjoyed this talk with Sean. I hope you do as well!
@xpx1236
@xpx1236 10 ай бұрын
He was so honest and forthcoming! There were many moments in the video that put a smile on my face because we were doing the same mistakes and going through the same emotions. Great interview Richard and Sean! 👍🏻
@allanwold996
@allanwold996 10 ай бұрын
This was on my wishlist! Thank you very very much. Have a great weekend !!
@dario3365
@dario3365 10 ай бұрын
@richardmoglen Could you clarify Sean's stats....27 % with 1.5w/l looks like no profitable
@danmarsh1337
@danmarsh1337 7 ай бұрын
Great interview. And timesly, gave me a few ideas. Thanks Richard.
@RichardMoglen
@RichardMoglen 10 ай бұрын
Quick note on Sean's metrics. He had used chatgpt initially and it misinterpreted the data. He recalculated it by hand: Total Trades: 114 Gains: 31 Losses: 83 Win rate: 27% (31/114) or W/L ratio: .37 (31/83) Average Gain: 7.23% Average Loss: 1.48%
@marshjonathan
@marshjonathan 10 ай бұрын
Thanks for the correction. It did not sound right when he referenced in the interview.
@guysichel3155
@guysichel3155 10 ай бұрын
Richard and Sean, thank you very much for the great interview! Could you please double-check the numbers? It's hard to align them with Sean's return, especially since it seems like less than 50% of the total capital is used per trade on average. Thanks again.
@sureshgopi6932
@sureshgopi6932 9 ай бұрын
As per these numbers sean Ryan capital gain is 101% but in websites 151% capital gain is mentioned. please let me know which one is correct?
@casiddharthbhatia6913
@casiddharthbhatia6913 9 ай бұрын
Hi Richard, I could not believe the earlier data, but is this one correct too ??
@muhammadsahime9431
@muhammadsahime9431 8 ай бұрын
@@casiddharthbhatia6913 I think its because even though average gain is 7%, the position size is much larger. 7% gain on 50% position is definitely bigger than 1% loss on 20% position
@ankurperiwal9704
@ankurperiwal9704 10 ай бұрын
Still on the 17th Minute and love how is being so vulnerable and open about his journey. Kudos to you on that, Sean!
@TraderLion
@TraderLion 5 ай бұрын
It was great to hear Sean not hold back and tell the truth about trading!
@hasantao
@hasantao 10 ай бұрын
Richard, great interviews as always. Do you know if we can get access to buy and sell of championship winners? It would be a great educational resource to see all of their trades in one year.
@ESM77
@ESM77 10 ай бұрын
That’s crazy to see someone with the best mentor ever and still shows it’s all about finding your own style, rules, and having discipline to stick to your rules, the market is a fair game for most of us small traders. All about what works for your own trading and learning from your own trading mistakes. Thanks man!
@TraderLion
@TraderLion 10 ай бұрын
There's no shortcuts in trading, the market does not care who you are. It takes effort and a lot of mistakes to learn for everyone
@mrtravelhub4313
@mrtravelhub4313 10 ай бұрын
And using rsi to find divergences, macd its much better both a trend and momentum indicator
@TraderLion
@TraderLion 10 ай бұрын
⌛ Timestamps ⌛ 00:00 - In this Episode... 00:50 - How Sean Started Trading Stocks 07:45 - David Ryan Mentorship 11:55 - Blowing Up & Restarting 20:30 - 2019 - US Investing Championship 25:50 - Why Sean Entered the USIC 28:50 - Risk Management Techniques 31:45 - Common Trading Mistakes 34:40 - Pros & Cons of Using Fundamentals 38:30 - Key Influences on Sean's Success 45:10 - 2023 Trading Review 54:35 - Shorting Real Estate Using RSI 1:03:05 - How to Adding to Winners 1:06:30 - PLTR Trade Review 1:13:30 - WW Losing Trade Example 1:16:48 - LZ Trade Example 1:22:50 - 4 Times to Buy a Stock 1:25:23 - Sean's Daily Routines 1:31:35 - Tracking Market Themes 1:33:10 - LFMD Trade 1:35:10 - Scaling as Account Grows 1:36:00 - Trading Leveraged ETFs 1:38:52 - Trading Statistics 1:44:35 - Post Trade Analysis
@dirkdarwin2571
@dirkdarwin2571 10 ай бұрын
This is one of the best of these videos I've seen. Super humble and honest. Great stuff!
@TraderLion
@TraderLion 10 ай бұрын
Glad you enjoyed it!
@shawna5158
@shawna5158 7 ай бұрын
agree
@AnirudhPrakash-v7d
@AnirudhPrakash-v7d 10 ай бұрын
Sean this is one of my favourite interviews ever on Richard’s channel. Thank you for being so kind and sharing your knowledge with the rest of us. So much value in this talk. Also, Richard is such an excellent interviewer. He has the right questions at the right time and it means we get so much relevant info in his interviews. So thanks Richard for this.
@TraderLion
@TraderLion 10 ай бұрын
Thank you for the kind words. Our pleasure!
@spacewalktraveller1
@spacewalktraveller1 10 ай бұрын
Thanks Richard another great interview. Is there anyway you can make the charts more clear, they are not sharp, more blurry. Thanks again, you're doing great work.
@ashokrao7751
@ashokrao7751 9 ай бұрын
This is probably the best trader interview I've heard. Sean's honesty and humility is remarkable
@TraderLion
@TraderLion 9 ай бұрын
Thanks for watching! Subscribe ✅
@robertvandeveer1846
@robertvandeveer1846 7 ай бұрын
Thank You Sean for being so open about your first few years trading. Your statement around 18 minute mark is classic. It is easy knowing the right process, knowing the methods that will bring profits... but having the emotional discipline to stick to your plan is easier said than done.
@TraderLion
@TraderLion 4 ай бұрын
Agreed! There's a reason why a large % of traders don't make it, and it's not from a lack of information.
@BenairDunnat
@BenairDunnat 8 ай бұрын
this dude Sean Ryan is so honest and so real. I have done exactly everything he has done and it's refreshing to know that I'm normal and I won't give up. I learned a lot from this video. Thanks so much!
@TraderLion
@TraderLion 3 ай бұрын
Thanks for watching!
@ChrisGarate-xh5xq
@ChrisGarate-xh5xq 10 ай бұрын
Congrats! Great interview. Sean is such a talent and open to show his failures and tricks. The interview is so well directed in a honest and relaxed way, it is a pleasure to watch. Plus the content is pure gold. Thanks Richard, well done!
@TraderLion
@TraderLion 10 ай бұрын
Glad you enjoyed it! Thanks Chris
@SectorUpTrend
@SectorUpTrend 4 сағат бұрын
Enjoyable Interview!! 🤗 Just shows no matter where you come from. You must find your way based on your personality. Re sharpen your trading based on your mistakes. In Ryan's case a tight stop loss was his main answer for Success. Determined Man right there 👏👏👏👏.
@nanaharritsjrgensen5025
@nanaharritsjrgensen5025 10 ай бұрын
Great interview. He trades stocks exactly in the same way that I do, except that I usually end up holding for too long instead of selling on the way up after already having 40-50%. There is one thing I didn't understand. He says that he often tries up to 4-5 times to enter a stock with a 3-5% SL and then finally end up staying in it for a 20% gain. That does not sound profitable to me and this is exactly what I'm struggling with as well. That all the small losses end up eating my big gain at the end. So how can he make 100% or more per year? Or maybe I'm misunderstanding something....?
@TheMountainBeyondTheWoods
@TheMountainBeyondTheWoods 10 ай бұрын
I don't think it means every trade always happens that way. It might mean he can make his small losses back with a larger winning trade on that same stock, but he also might have other winning trades in other stocks where he didn't take those 4 or 5 losses first, and where he might have been profitable from the beginning, and those are what makes him so profitable. I might be wrong though.
@nanaharritsjrgensen5025
@nanaharritsjrgensen5025 10 ай бұрын
@@TheMountainBeyondTheWoods No you're probably right about that. He will need to have some really good ones though to get to that result.
@serjikoff2454
@serjikoff2454 10 ай бұрын
I think many times he gets breakeven or with tiny profit
@MatzeDude1
@MatzeDude1 10 ай бұрын
The 3-5% stop is the max stop that he would take. His average loss is probably smaller. More around 2%. He said he would close a trade end of day if it is in the red. Means many very small loses of 1-2% probably. Having an average loss of 4% or 2% makes a world of a diffrence in trading.
@Quantumfuturestrader
@Quantumfuturestrader 7 ай бұрын
This is one of the best interviews. I remember when I started in 1979. I went through all of it. Although I never felt compelled to enter these challenges or competitions or work with a prop firm. Great job.
@TraderLion
@TraderLion 7 ай бұрын
Glad you enjoyed it!
@Siddharthkasma
@Siddharthkasma 9 ай бұрын
Thanks u for recording such a nice video Richard..in one of his trade example Sean told that he bought it earlier before the pivot point because price was making inverted head and shoulder in lower time frame, could u pls eloborate this point for better clarity...
@KirklandRed100s
@KirklandRed100s 10 ай бұрын
I 100 percent thought I was gonna dislike Sean Ryan. Son of a pro, probably grew up with a little more privilege than most, but damn he won me over with his honesty. I hope he wins the next 10 investing championships.
@Mikevenczel
@Mikevenczel 10 ай бұрын
Imagine David Ryan probably is super rich and son works a crap job for 30k! Good lesson David gave his son. I was in Myrtle Beach on Nov 11th with Minervini's Meetup and Larry Hite. Market Wizard Larry Hite was on stage made 7 Billion with his trading buddy and regrets sharing his wealth with his grandchildren because they have no motivation. His children not so much as they saw him as a 9 to 5 worker and also uber rich.
@pokepals4840
@pokepals4840 7 ай бұрын
Great stuff! Richard, I'm trying to improve the money management side of things. I want to increase my risk per trade, from 0.33% to 1% like Sean (with 3-4% stops). Do you have any videos or more advice on this, please? Thanks 👍
@TraderLion
@TraderLion 7 ай бұрын
Search Risk Management on the TraderLion KZbin page
@pokepals4840
@pokepals4840 7 ай бұрын
@@TraderLion thanks Richard 👍
@julesboss79
@julesboss79 9 ай бұрын
Another excellent video !! thanks Richard you are truly the best, providing us with such content for free.. One little thing, is it only me or the chart quality is very low?
@TraderLion
@TraderLion 9 ай бұрын
Noted
@Soxieaus
@Soxieaus 7 ай бұрын
Excellent interview, humility is one of life's hard lessons ! Would it be possible to put the date of the recording in the notes on your vids please Richard?
@TraderLion
@TraderLion 5 ай бұрын
Great idea, we'll start doing that!
@maz5202
@maz5202 10 ай бұрын
One of the best ones yet. So much more relatable than a lot of the other traders on these interviews
@TraderLion
@TraderLion 10 ай бұрын
Thanks for watching!
@garysingh4997
@garysingh4997 10 ай бұрын
Great interview. Richard what trading journal would you recommend to track our trades. There are many on the internet however they don't have the functionality to track the overall profit based on taking partials along the way in the winning trade. Any recommendations.
@mnestler31
@mnestler31 10 ай бұрын
I would recommend building your own spreadsheet that is custom tailored to your needs.
@garysingh4997
@garysingh4997 10 ай бұрын
I did build it and it works perfectly, however it looks quite boring. lol@@mnestler31
@franklawson8503
@franklawson8503 9 ай бұрын
Richard and Sean, this was a fantastic video. Simple trading, exactly what I was looking for. Down to earth explanations. Thanks for this video.
@TraderLion
@TraderLion 9 ай бұрын
Glad you enjoyed it!
@XyukonR
@XyukonR 5 ай бұрын
Really enjoyed this interview with Sean. Seems like a down to earth and humble trader. I love how he just seems to keep it simple and is able to acheive awesome results.
@TraderLion
@TraderLion 5 ай бұрын
Simplicity allows for repetition. Repetition of an edge leads to consistent returns!
@stanleyv671
@stanleyv671 Ай бұрын
I love Sean's humility and maturity. One of the most enjoyable trading interviews. Your dad is one of my most favorite traders also because of his humility. Thank you Sean :-)
@TraderLion
@TraderLion Ай бұрын
Couldn't agree more!
@alessiopetrigliano5538
@alessiopetrigliano5538 10 ай бұрын
For me the main new concepts that are gold are 1. There will be always further opportunities ( so no worry if you lose some) and 2. No need to trade the stocks everyone is talking to make money. Really thank you!
@nijilsanker
@nijilsanker 10 ай бұрын
Great interview!! Definitely leaned something new , especially identifying the price reversal with RSI. Thank you 🙏
@TraderLion
@TraderLion 10 ай бұрын
Glad you liked it!
@mikeyguevara2030
@mikeyguevara2030 4 ай бұрын
His journey is so relatable to many. The cool part is when he got back into trading and he had his epiphany and saw all the setups coming to life
@TraderLion
@TraderLion 4 ай бұрын
Hard work for a few years, then it all comes together!
@petecardona8203
@petecardona8203 8 ай бұрын
What is a good investment account that lets you have stop loss as well as limit sell on a stock? Robin hood doesn’t have it ☹️
@djrg7921
@djrg7921 5 ай бұрын
Very good interview! just a question to clarify, Sean said he is Keeping losses at 1%? what is he meaning by this? 1% of what ?
@MichaelTheodore-g6d
@MichaelTheodore-g6d 5 ай бұрын
1% of the entire account is the maximum he risks per trade
@TraderLion
@TraderLion 5 ай бұрын
1% of his entire account. Position size x trade risk = portfolio risk.
@tomato778
@tomato778 10 ай бұрын
Hi Richard, great video. Thanks. Just checking, when is Gov's interview telecast scheduled?
@TraderLion
@TraderLion 10 ай бұрын
It will be out today
@tradingfor5
@tradingfor5 10 ай бұрын
One of THE best interviews I have seen on Traderlion. Great job to both of you. People's lives become transformed by the teachings here. Bravo!!!
@TraderLion
@TraderLion 10 ай бұрын
Wow, thank you!
@vivekpandey6561
@vivekpandey6561 10 ай бұрын
It was great interview. Past week was not great for me because i got shaken out of all my positions. Watching this just made my day. "There will always be another opportunity tomorrow -Sean Ryan"
@TraderLion
@TraderLion 10 ай бұрын
100%!
@VanillaCherryBread
@VanillaCherryBread 10 ай бұрын
Eh, if you don’t do anything silly and overcomplicate things… trading is way more fun and rewarding than people realize!
@ChadCreech-qd1uo
@ChadCreech-qd1uo 9 ай бұрын
What length is Sean using for the RSI? I can't tell from his chart.
@TraderLion
@TraderLion 9 ай бұрын
14
@srinivasnahak3473
@srinivasnahak3473 9 күн бұрын
This is the best episode I've watched so far and I must tell you Richard you are one of the best interviewer for sure and I will try to imbibe some of these qualities into my life.
@TraderLion
@TraderLion 8 күн бұрын
Glad you like it!
@steveleahy796
@steveleahy796 10 ай бұрын
What a great interview. It's nice to see different styles and also the less traditional style of trading. It's hard for people that are growing accounts to get behind NVDA, PANW and the like. Very refreshing to see.
@KT-zx9jr
@KT-zx9jr 10 ай бұрын
Excellent discussion. Thanks very much both Richard and Sean. Really appreciate the clip.
@TraderLion
@TraderLion 10 ай бұрын
Glad you enjoyed it!
@kimpeater1
@kimpeater1 3 ай бұрын
That was an insanely intelligent discussion. Mr Ryan is also incredibly humble considering his success. Thank you to both!!
@TraderLion
@TraderLion 3 ай бұрын
That's because he struggle just like everyone else on the way up! Love his quote "the markets don't care who your dad is."
@mnestler31
@mnestler31 10 ай бұрын
How do the trade stats make sense? 27% win rate, 5.7% average win, 3.7% average loss. I assume this means a 73% loss rate. 0.27%x5.7%-0.73%x3.7%=-1.16% expectancy (negative). Is there something missing or wrong? How does this add up?
@rajukansodariya1397
@rajukansodariya1397 10 ай бұрын
I'm confused too....maybe I heard it wrong
@mnestler31
@mnestler31 10 ай бұрын
@@rajukansodariya1397 it might be that his average gain of 5.7% is expressed as gain on the whole account, while the average loss of 3.7% is per trade.
@mj-dg7lw
@mj-dg7lw 10 ай бұрын
I believe he said .37 initially and then stated the 27%
@maxxmahh
@maxxmahh 10 ай бұрын
Yep, that part was weird. He didn't say what his expectancy is and otherwise the numbers didn't add up.
@QuickBrainPower
@QuickBrainPower 2 ай бұрын
Breakeven trades lower your win rate, but do not add to your losses
@bossbabydotone1174
@bossbabydotone1174 9 ай бұрын
Thanks for sharing this is an awesome testimony. It sounds like he handled the way I would have handled it. Blamed my dad and say his methods are obsolete because I yolod my account lol. Very cool to hear.
@Mark-ef7pi
@Mark-ef7pi 9 күн бұрын
Fantastic interview, painfully honest & necessary to know
@martinhedlin7257
@martinhedlin7257 10 ай бұрын
Maybe the best interview you’ve done and that’s saying a lot since they all have been great!
@TraderLion
@TraderLion 10 ай бұрын
Thank you Martin. Sean was excellent
@djcoffeedog
@djcoffeedog 10 ай бұрын
the numbers don't seem to make sense to me
@blackpeppericecream
@blackpeppericecream 3 ай бұрын
I really like the personal development on this interview, Sean reconcile with dad and regains his passion. its a great story. Awesome!
@TraderLion
@TraderLion 3 ай бұрын
"The market doesn't care who your dad is" was a great turning point for his growth.
@YouLoveMrFriendly
@YouLoveMrFriendly 10 ай бұрын
Sean is the real deal. I see him doing very well every year in the US Investing Championships. Real money competition.
@TraderLion
@TraderLion 10 ай бұрын
Thanks for watching
@santiagonegroni9032
@santiagonegroni9032 10 ай бұрын
We all have to pay our dues, even the son of David Ryan! Love his more aggressive position sizing. I’ve been hanging around 10% position sizes and it’s too slow moving. Because of this video, I plan on working up to 20-25%. I typically risk 1% of account as well. Great interview!!
@Kolbydane13
@Kolbydane13 10 ай бұрын
This is my exact takeaway from Sean’s interview. I’m not taking meaningful position sizes so even when I have a great trade it’s not moving the needle much. Something I want to work on all of 2024. Good luck to you!
@TravelerJerryLee
@TravelerJerryLee 9 ай бұрын
Read about the Kelly Criteria...math wizard that found if you have a positive outcome possibility then you should bet 21% of your account size for the highest rate of return. His math work was the basis of Blackjack counting cards book and the MIT Team that a movie was made about. Author was actually band from Vegas Casinos for counting cards and then he transition into a success hedge company trading stock warrants.
@soam24
@soam24 10 ай бұрын
top notch content here. love hearing the risk process relative to portfolio size.
@khkh_1997
@khkh_1997 10 ай бұрын
Love this interview. Thanks Richard and Sean.
@TraderLion
@TraderLion 10 ай бұрын
thanks for tuning in
@pokepals4840
@pokepals4840 7 ай бұрын
This channel has helped so much. Thanks Richard 👍
@TraderLion
@TraderLion 7 ай бұрын
Glad to hear it
@DarrenGlass1
@DarrenGlass1 10 ай бұрын
This was such an amazing authentic interview and I really enjoyed how Sean broke down his trading with examples and how you included the stats (corrected stats below). Super interview!!
@TraderLion
@TraderLion 10 ай бұрын
Glad you enjoyed it! Thanks Darren
@masterdaval5650
@masterdaval5650 9 ай бұрын
Awesome video, thank you for the advice Sean and thank you Richard for hosting!!!🙏🏻
@TraderLion
@TraderLion 9 ай бұрын
You bet!
@Tesh198
@Tesh198 9 ай бұрын
Such an interesting interview. Thanks again Richard!
@TraderLion
@TraderLion 9 ай бұрын
Glad you enjoyed it!
@shreaasnevatia
@shreaasnevatia 10 ай бұрын
Hi Sean talks about taking multiple losing trades before he gets his final winner. So in such a scenario wont he move to cash as markets are not supportive?
@Jleeonardoo
@Jleeonardoo 8 ай бұрын
How can we reach out to Sean for further guidance?
@TraderLion
@TraderLion 3 ай бұрын
Maybe we can get another interview with him! He's a pretty private guy.
@bibbidi_bobbidi_bacons
@bibbidi_bobbidi_bacons 10 ай бұрын
Ya man I’m right there except my account was x times that size but I’m yet to start my gains. Appreciate your interviews. I hope I get a handle on this soon.
@TraderLion
@TraderLion 10 ай бұрын
you got this
@hamzaismail2703
@hamzaismail2703 7 ай бұрын
love a good comeback story.. awesome interview!
@TraderLion
@TraderLion 7 ай бұрын
100%
@devshetty7465
@devshetty7465 10 ай бұрын
This is one of the best video in the tradelion
@TraderLion
@TraderLion 10 ай бұрын
Thank you
@bhaskarr1404
@bhaskarr1404 10 ай бұрын
A suggestion to help us beginners, it would help us a lot if there are lot more examples of cutting a loser short and the reasoning behind it. Having visual examples of this will definitely help us execute such trades and learn to lose small as well.
@xilllllix
@xilllllix 10 ай бұрын
been waiting for this interview the whole week!
@piyush5686
@piyush5686 9 ай бұрын
Great interview and many takeaways - father and son relationship, however, Sean has found his own path and style. You have to commend him for that and over the coming years no doubt he will compound his account, his experience and a very proud dad.
@krishnaadluru2822
@krishnaadluru2822 10 ай бұрын
Enjoyed watching. Thank you Ryan and Richard for the interview
@TraderLion
@TraderLion 10 ай бұрын
Glad you enjoyed it
@SamanthaJones-e9m
@SamanthaJones-e9m 8 ай бұрын
Did he share his trading plan?
@arathaemaxus5250
@arathaemaxus5250 10 ай бұрын
I saw the results yesterday and was hoping there’d be an interview. Thanks so much!
@TraderLion
@TraderLion 10 ай бұрын
You're so welcome!
@leihe5215
@leihe5215 10 ай бұрын
Thank you very much Richard and Sean. I have been waiting for this interview! I have checked your site few times and find it here. Great interview as always! have huge respect to David Ryan, great to see Sean is dong so well
@giddelloran3415
@giddelloran3415 10 ай бұрын
Thank you Richard and Sean for this interview. 🙏🏾
@TraderLion
@TraderLion 10 ай бұрын
Thank you
@julioc4978
@julioc4978 9 ай бұрын
Great interview, I wonder on 1:05:00 with DRV whether he let it run further hoping to recover because overstayed the move and missed his sell point on top… usually when you get some red bars like that the bounce wouldn’t overtake its previous top…, it is more like short covering and a move lower Cheers
@vishalv6251
@vishalv6251 10 ай бұрын
Still awaiting for Dan zanger
@shawna5158
@shawna5158 6 ай бұрын
May have commented on this the 1st time I watched vid, but this is amazing. So much info!
@TraderLion
@TraderLion 6 ай бұрын
Glad it was helpful!
@PE-TX
@PE-TX 10 ай бұрын
Great interview! Richard does a really good job in these interviews, he knows when to ask questions and what questions to ask! Thank you!
@TraderLion
@TraderLion 10 ай бұрын
Thank you!
@FedtTony
@FedtTony 7 ай бұрын
At 30:00 I'm not sure I understand. If he risks 1% of his account on every trade and has 9 losses in a row he has to make 10% of his entire account balance on the last trade. Assuming a 20% position that would require a 50% gain on the last trade. Or is he saying he bets his entire account with 1% stops?
@vaibhavsharma300
@vaibhavsharma300 3 ай бұрын
i think he is talking 1:10 risk:reward trade, where when he risk 1% gets 10%, now capital deployement will depend on how big is the stop. If stop is 5% of the stock then he wud only enter with 20% of the capital, if its just 1% he wud enter with 100%of his capital. but im still confused with the statistics he mentioned at the end. for 150% gain he shud have earned like 150x (1x being the risk i.e. 15%)
@justines8433
@justines8433 10 ай бұрын
Your dad is terrific!! Thanks so much for this interview!
@TraderLion
@TraderLion 10 ай бұрын
Our pleasure!
@maxxmahh
@maxxmahh 10 ай бұрын
Do read those books mentioned in the talk and do a few thousands of hours of charts screen time before following this approach! Pile 50% into a single stock frequently enough and you'll blow up eventually on a black swan event.
@TraderLion
@TraderLion 10 ай бұрын
Every trader needs to earn the right before they trade large sizes
@TenTonNuke
@TenTonNuke 10 ай бұрын
I have the exact same trading technique. Purely technical, tight stop losses, entire account invested, no use for CAN SLIM or EPS. I'll have to check out the books he mentioned if he thinks so highly of them.
@Red_Dead_Entertainment
@Red_Dead_Entertainment 10 ай бұрын
What is difference with entire account invested and only 1% risk per trade? Cant figure all those %’s out when he speak… What he means when he says 20% position , but he said he risked 1% per that trade . Because according to rr tool and his sl placement as example that trade went to 1:5 and not 20,30%
@TenTonNuke
@TenTonNuke 10 ай бұрын
@@Red_Dead_Entertainment A lot of people advise against using all your buying power because if something huge happens overnight, the market might gap down past your stop loss and wipe out all your profit for that year. I don't know what you're referring to specifically but 20% position might mean he's gotta 20% of his account invested in one position. Or he might be talking about a stock that moves 20%, which isn't necessarily a 20% profit.
@willi1397
@willi1397 10 ай бұрын
Like this; if you are 100% invested in 1 stock, a move to the downside of 1% will move your account down by 1%. Alternatively if you have 10% of your account invested in 1 stock a move to the downside of 10% will equal 1% of your account.@@Red_Dead_Entertainment
@marcc16
@marcc16 9 ай бұрын
57:10 I think we have different definitions for “all time highs” 1:01:20 “the reason I didn’t sell is because I was excited about this ETF collapsing” - he sounds extremely undisciplined and contradicts what he said earlier about not getting emotionally invested about the stocks he’s trading. 1:19:50 “I don’t really know what happened” … what? How could you not know what happened. Either you held through earnings or you didn’t. It’s usually a pretty big decision you weigh against your profit cushion. And if you were doing post trade analysis you would absolutely know what happened. Something don’t add up. I think the best takeaway from the interview is the time value of money, taking the big move and cutting it instead of holding for another move after it settles. Another is re-entering trades on stocks that maybe didn’t work out the first few times but not letting that deter you. Overall nothing really new under the sun here for anyone who has watched/learned from MM or DR in the past.
@Zeusifer123
@Zeusifer123 10 ай бұрын
@SeanRyan If you are reading this, there is a great book that came to my head when I heard you talking about your dad. The book is "The winner effect" by Ian H Robertson. Hats off to your interview and ability to talk about it so honestly. Best of luck!
@srinivasnahak3473
@srinivasnahak3473 9 күн бұрын
His story is pretty inspiring and insightful too!!
@TraderLion
@TraderLion 8 күн бұрын
It is, indeed!
@DusanGazdik-z4c
@DusanGazdik-z4c 9 ай бұрын
Fantastic video enjoy it thanks.
@TraderLion
@TraderLion 9 ай бұрын
Glad you enjoyed it
@rogersalllike9133
@rogersalllike9133 5 ай бұрын
why he keeps saying he risks 1% and then he risks 30% and making 50% ??? Someone explain it please 😅
@TraderLion
@TraderLion 5 ай бұрын
1% account risk. Position size (% of portfolio) x trade risk (entry to stop). Could be 30% positions with 3.3% trade risk = 1% portfolio risk.
@zhaoliu7166
@zhaoliu7166 7 ай бұрын
Thank you!
@TraderLion
@TraderLion 7 ай бұрын
Welcome!
@sachindivakar632
@sachindivakar632 4 ай бұрын
Decide Exclusive Trade Setup to TRADE , big Lesson for me ---from. India
@TraderLion
@TraderLion 4 ай бұрын
Great takeaway
@NZBRG1
@NZBRG1 10 ай бұрын
Excellent interview. Thanks.
@TraderLion
@TraderLion 10 ай бұрын
Glad you enjoyed it!
@philipfry2197
@philipfry2197 10 ай бұрын
@18.30 Exactly. You can know exactly what you should be doing and still sabotage yourself!
@santbaliga
@santbaliga 10 ай бұрын
Awesome interview..Some good taekways for me from this interview. Thanks a lot Sean and Richard!!
@TraderLion
@TraderLion 10 ай бұрын
Glad you enjoyed it!
@glasgow757
@glasgow757 10 ай бұрын
wonderful honesty an openness, thankyou so much
@TraderLion
@TraderLion 10 ай бұрын
Always!
@TheMilkman-k7p
@TheMilkman-k7p 10 ай бұрын
He has a very strong support system that could teach him everything he knows about trading.
@FindingMrPockets
@FindingMrPockets 10 ай бұрын
Great interview. From this journey all I can say is the best winners are the best losers. Sucks to admit your wrong but from someone whos blown many accounts cut losses fast.
@TraderLion
@TraderLion 10 ай бұрын
Yes!! Right on
@drdontpassone8164
@drdontpassone8164 27 күн бұрын
r m always brings on the A list guys.. no ''eddies from detroit ''on this show.....great job
@TraderLion
@TraderLion 26 күн бұрын
Thank you!
@drdontpassone8164
@drdontpassone8164 26 күн бұрын
@@TraderLion do you trader lion guys ever have live conferences or know of live conferences where canslimers go to get better i like live .....me be in on that ddp1 thnx
@satyamganju9514
@satyamganju9514 10 ай бұрын
Interesting, his RR Ratio is 5.7/3.71 = 1.53 :1 and accuracy is 27% ... And he generated 150% return?? Is my understanding correct??..
@iancruzfernandes5889
@iancruzfernandes5889 10 ай бұрын
Yea exactly what I was thinking.. im guessing he's made a mistake with his numbers.. he said .37 and then said 27% win rate, but even with a 40% win rate and a 1.5 R:R you're barely break even.. I'm guessing his R:R is a lot higher, from the way he speaks.. at one point he says if he has 9 losses and one winner he will be at breakeven. I hope Richard can check and clarify.
@mnestler31
@mnestler31 10 ай бұрын
@@iancruzfernandes5889 it might be that his average gain of 5.7% is expressed as gain on the whole account, while the average loss of 3.7% is per trade.
@mostlysunny-dd6qd
@mostlysunny-dd6qd 9 ай бұрын
great interview impressive guest
@stwynn9902
@stwynn9902 10 ай бұрын
dad must be proud 🙌🏻 too
@valueinvesting6059
@valueinvesting6059 3 ай бұрын
Thanks for all the content, Richard. It helps a lot with the depression of losing a devastating amount of money. I am going to find a way into a prop firm to accelerate my learning curve.
@TraderLion
@TraderLion 3 ай бұрын
Focus on risk management above all else. You got this
@kkaalaas
@kkaalaas 9 ай бұрын
What etf’s does he use to short ? Leveraged?
@rameshd3357
@rameshd3357 10 ай бұрын
Great interview. It would be even better if David Ryan sits beside and give some of his observations..
@venkataraghavan6301
@venkataraghavan6301 10 ай бұрын
You are creating a mind blowing content with a great passion .I also wonder for the length of the videos you make to extract maximum possible details from every Star Trader .
@rushoratiu6839
@rushoratiu6839 9 ай бұрын
is sean not using moving averages at all?
@TraderLion
@TraderLion 9 ай бұрын
Primarily price action and RSI
@akibmansur558
@akibmansur558 9 ай бұрын
You can tell this guy is a serious trader
@TraderLion
@TraderLion 9 ай бұрын
100%
@diegogarzon3387
@diegogarzon3387 9 ай бұрын
Best experience I've heard so far. Thanks for the content!
@TraderLion
@TraderLion 9 ай бұрын
Our pleasure!
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