Timestamps: Intro 0:00 Trading Books: 7:00 Types of Trading 11:50 How To Pick Stocks 17:45 MAX List 25:00 How To Use Moving Averages+ Price Action 28:25 How to deal with News and the 2020 Crash 36:35 How to Buy Breakout Stocks 39:00 How to sell into strength 49:00 How many positions should you have 58:00 Wait for your pitch 59:05 How to Pyramid into Positions 1:00:20 Stock Market Analysis 1:03:50 Pat's Worst Ever Trade 1:10:45 Pat's Best Trades 1:13:09 Current Stock Analysis 118:45 Closing 1:36:22
@jimmyhall56773 жыл бұрын
Richard, you've had some great traders on your videos, but if I had to pick one, this interview with Patrick Walker would be number one by far. Patrick is the most entertaining speaker I've seen, which makes retention of all the information that easier. He explained numerous topics in very simple terms. And you asked some basic questions that we are all wanting to ask, which made it all that much better. You do a great job. I taped the college football championship game so I could watch this video.
@RichardMoglen3 жыл бұрын
Thanks Jimmy, Pat is an excellent educator. I hope to have him back for another market chat this year.
@ss51532 жыл бұрын
There are so many stock gurus on KZbin and Instagram nowadays… I’ve watched them all. But this interview is different. I genuinely believe he wants to share his knowledge and want everyone to succeed. Thank you!!!
@RichardMoglen2 жыл бұрын
Thanks SS, that's exactly my goal with this channel and interviews
@Al1Shah4 жыл бұрын
I found this very interesting and i loved Patrick's enthusiasm. Great teacher. Thank you Richard for allowing us to have this opportunity by sharing this with us! Your questions were all very good too!
@RichardMoglen4 жыл бұрын
Glad you enjoyed it!
@rime44794 жыл бұрын
This was really helpful. Loved Patrick's enthusiasm as well.
@RichardMoglen4 жыл бұрын
Glad you enjoyed it!
@alechamid2354 ай бұрын
What an AWESOME interview with a great trader who can explain his strategy to a kid. Very entertaining as well, this guy, Patrick can talk.
@khautantitsane99333 жыл бұрын
I just love Patrick's enthusiasm and passion about his work
@RichardMoglen3 жыл бұрын
Absolutely!
@rcarlosbalcazar12 жыл бұрын
Amazing when an experienced trader shares from the 100% facts nothing to hide or telling stories. Rarely find people trying to do good, share good knowledge. My blessings!
@RichardMoglen2 жыл бұрын
Glad you enjoyed it!
@goyourownway55663 жыл бұрын
They say when you’re an expert you can explain what you do in the most simple language. Patrick Walker exceeded that saying exponentially in this interview. So simple, clear, and hilarious at the same time. One of the best interviews. Thanks 🙏🏾
@RichardMoglen3 жыл бұрын
Pat is an excellent teacher
@gaberoyalll3 жыл бұрын
I agree 100% 👍u nailed it !!
@MahmudAhsan7 ай бұрын
I just loved it. Awesome, his teaching style is so elegant.
@estherfont33294 жыл бұрын
It's the best and most entertaining interview on the stocks I've ever seen. Congratulations!
@RichardMoglen4 жыл бұрын
Thanks Esther! Take care
@andreschavez9671 Жыл бұрын
22:46 saving this for myself. from there to the max list is a little gold nugget
@vijaykiran6638 Жыл бұрын
Best interview I have ever seen, thanks a lot Richard bro for bringing this Patric walker.
@RichardMoglen Жыл бұрын
Thanks for watching!
@_VlCTOR_2 жыл бұрын
one of best stocks teacher
@shyampatel942 жыл бұрын
Can’t believe I’ve glanced over this interview. Great stuff! Love Pats energy, you can tell he really loves this. Going to go watch his second one now!
@RichardMoglen2 жыл бұрын
Fantastic!
@jaykadam11443 жыл бұрын
Patrick’s interviews are Gold mines. Thanks for inviting him, Richard, and you have been a very good interviewer, as always.
@rolaruba8054 жыл бұрын
Pat is such a wealth of knowledge, glad you had him on thank you
@RichardMoglen4 жыл бұрын
No problem, I learned a ton from this!
@ruslankryvetskyi39133 жыл бұрын
Richard, thanks again! The work you put in with this interviews is so much better than any other big multimillion podcasts, TV stock shows and so on, awesome!! This is like 21 century version of “market wizard” series by Jack Schwager. Hey, everyone who is watching Richards videos - promote him in your chat rooms, forums and your friends. Let’s help Richard to get more views. His content deserves much more!
@RichardMoglen3 жыл бұрын
Very kind of you Ruslan thanks!
@ernestoapfelbaum82864 жыл бұрын
Wow, Wow, Wow, Richard you really are making a huge difference not only with your personal analysis but interviewing top trader that are incredibly great, humbled, and willing to share knowledge. Thanks, thanks a lot.
@RichardMoglen4 жыл бұрын
Thanks Erny, I’m so glad Pat was willing to do this. He shared so much.
@grumpyjim90453 жыл бұрын
Richard, I can really relate to Patrick. He is about my age and his trading style is very similar to mine. His enthusiasm is infectious. This was great. GJ
@RichardMoglen3 жыл бұрын
Thanks Jim! Love your name lol!
@grumpyjim90453 жыл бұрын
@@RichardMoglen You can call me Grumpy or you can call me Jim or you can call me Grumpy Jim... GJ :)
@RichardMoglen3 жыл бұрын
@@grumpyjim9045 lol!
@mattinterweb9 ай бұрын
Wow, what a guy. I'm now officially a fan! Brilliant informative content Richard. Thank you.
@RichardMoglen9 ай бұрын
Glad you enjoyed it!
@urbancouturejewelry845 Жыл бұрын
I really love how humble and practical Pat is. Great info all the way around. I've gotten so much from his wisdom. Thank you!
@peterobara30403 жыл бұрын
These interviews are really useful thanks. I like the practical questions about executing and managing the trades, which is the hard part. Like where you put the initial stop, where do you scale out, when do you totally exit, etc.. Merry Christmas!
@RichardMoglen3 жыл бұрын
Merry Christmas Peter!
@richardbraun67194 жыл бұрын
Only watched it now. Very good interview! Patrick Walker is a great teacher and talker.
@RichardMoglen4 жыл бұрын
He sure is!
@Mybody4life4 жыл бұрын
This would be the best trading video I have seen,and I have been around a while,this guy exudes success with his cheerful attitude,Great work mate.
@RichardMoglen4 жыл бұрын
Thanks David! Pat is a great guy to learn from
@muhdhadi913 жыл бұрын
Best teacher ever!! Thanks Richard
@scottanderson96563 жыл бұрын
Great, really great. Thanks!
@RichardMoglen3 жыл бұрын
Glad you liked it!
@rcarlosbalcazar12 жыл бұрын
I can't stop watching this video multiple times. This is pure Gold for a beginner! If I could give you a like for every single piece of advice I've extracted from this video. Thanks, I hope some day I could share as you did!
@khalidwani747510 ай бұрын
I want to learn
@timnee18404 жыл бұрын
Thanks Patrick and Richard for this webinar. Great!!
@RichardMoglen4 жыл бұрын
Glad you enjoyed it!
@15nkrish4 жыл бұрын
One of the best videos ever - Man it would be wonderful to sit with him and just hear him talk. Amazing walk through on the charts
@RichardMoglen4 жыл бұрын
Thanks so much, I’m glad to have gotten the chance to share this conversation.
@judeltiangco93003 жыл бұрын
didn't really watch this market chat coz he looked boring, but man. The guy's passion is contagious, probably one of the best. It's a shame it only has few views.
@RichardMoglen3 жыл бұрын
Pat's a great educator, I plan to have him back on soon
@tomzeng92592 жыл бұрын
Richard, this is so good! thank you very much! I love also your Timestamps, it makes so easy for me to review some thing interesting after finished..., you are doing amazing job, also love Pat's approach.
@RichardMoglen2 жыл бұрын
Glad it was helpful! thanks tom
@pradeep30967 ай бұрын
This video just blew up my mind, such a bit view of chart and bar bar analysis. Thanks Patrik for sharing your great experience and knowledge in a simpler way. Thanks Richard for bringing such valuable content. Great work.
@dongueW3 жыл бұрын
I LOVE how you let interviewers speak! Great interviews
@RichardMoglen3 жыл бұрын
Thanks!
@Ashwinsyoutubization2 жыл бұрын
I have seen a good no of interviews from your channel but this one stood out to me for chart reading( bar analysis was awesome). So many nitty gritty details revealed. Thoroughly enjoyed! Pat has super energy.
@juanclaudiodreyfus28012 жыл бұрын
Seriously, Him walking you though the charts was so educational. Thanks Richard
@RichardMoglen2 жыл бұрын
Glad to hear that!
@Bullrun882 жыл бұрын
Thanks to Richard and Patrick. Really solid insights and practical tips for us retail traders.
@razimuhammad94372 жыл бұрын
One of the best interviews. Learned a lot. 💯👍
@RichardMoglen2 жыл бұрын
Glad you enjoyed it!
@john-christopherkhoury36674 жыл бұрын
Very informative! I like that Pat keeps his charts clean. Price and volume are my big takeaways.
@RichardMoglen4 жыл бұрын
In my personal opinion some indicators can help identify specific price patterns. But in the end price and volume analysis are all you need.
@BizarroLanigirod Жыл бұрын
I listen to these interviews 2-3 times, just to take notes...I don't agree with everything but there's a lot of knowledge in these videos...
@decryptic4 жыл бұрын
Love this interview so much - totally gave me a ton of eureka moments. Biggest one for me was "limit your losses...keep the stops tight...but ride your winners as long as possible". It was only recently that I started actually doing trailing stops. This gives me the courage to let my positions ride as high as they can go to maximize gains. Thank you!
@RichardMoglen4 жыл бұрын
Thanks Kevin! I learned so much as well.
@zuluagajiify Жыл бұрын
Excelent interview! I have learned a lot how to deal with charts!
@RichardMoglen Жыл бұрын
Great to hear!
@TheKread3 жыл бұрын
This was a great interview. I learned so much from Richard and he is such a character! Thank you for doing this
@RichardMoglen3 жыл бұрын
Glad you enjoyed it!
@danielbiasoni16644 жыл бұрын
I am going to watch this video one time a day for one year....thank you guys God bless you!
@RichardMoglen4 жыл бұрын
Thanks Daniel! Patrick shared a ton of his knowledge
@Johnny-hq3cd3 жыл бұрын
What a guy! You just gotta love the enthusiasm he has for the stock market. So much quality in this video, amazing!
@danijelsan813 жыл бұрын
Rewatching this right now. Still one of the best, most useful interviews you’ve done this far imho.
@RichardMoglen3 жыл бұрын
So glad to hear that! Did you watch Pat's Presentation at the TL conference?
@danijelsan813 жыл бұрын
@@RichardMoglen I have not. Just looked it up and will watch in the near future, together with some some other interviews you guys did. When will you have Gil Morales on your channel? Gil is one of the greats, if you can stomach his personality.
@miles34124 жыл бұрын
I was just looking for a video of Patrick and I found this video. Richard, you're such a good listener and your questions are really good. And Patrick is a great teacher and his enthusiasm is amazing. I really like the way he trades. Thanks Richard and Patrick!
@RichardMoglen4 жыл бұрын
Thanks Miles! Loved talking with Pat.
@AdventuresandUs4 жыл бұрын
Love seeing how others see the markets. It seems like most who position trade or trade long term see the markets the same way. Our entries are just slightly different. Awesome content and best interview I've seen. You also asked all the right questions of what I wanted to ask next
@RichardMoglen4 жыл бұрын
Thanks! Yes I agree, Position traders are actually buy and hold investors, but we let the technicals take us in and out of strong companies.
@AdventuresandUs4 жыл бұрын
@@RichardMoglen YES! I am so glad we see it the same way. We do all the same moves (Position traders and buy and hold), buy a great dip on great companies hold, but instead of holding forever we want to let the markets or big institutions tell us when it's time to get out. Price action, man! :)
@spiderpete13 жыл бұрын
A powerhouse interview! One of the best and I took lots of notes. Great information and advice from a pro trader. Looking forward to seeing another interview with Patrick.
@HNandish3 жыл бұрын
Great interview, Richard. One of your best. Another interview with Patrick would be awesome.
@RichardMoglen3 жыл бұрын
Thanks NH, we will try to make it happen
@Alex-gu7cg4 жыл бұрын
Exceptional interview! So many gems shared by Patrick. Thanks Richard
@connectedtosource4338 Жыл бұрын
That was a great interview! That really helped to solidify and simplify the concept of trading price, volume and market analysis. Love Pat's energy and enthusiasm. Thanks Richard, cant believe I've only come across this now. Much appreciated
@PopPop04244 жыл бұрын
Great Video - I learn by repetition! Love seeing this stuff over and over! Thank you Rich and Patrick!
@RichardMoglen4 жыл бұрын
Thanks Paul!
@Yetified_Mayhem3 жыл бұрын
I'm binge watching all episodes. Richard these are all such great shows! Loving it.
@RichardMoglen3 жыл бұрын
Awesome! keep going!
@archerius24 жыл бұрын
Great video, great questions Richard, Paul is an amazing and honest teacher, one of the most valuable free content I have seen in a long time. I've watched it 3-4 times already. Thank you.
@RichardMoglen4 жыл бұрын
Thanks Arash! I’ve watched it a couple times as well. It was wonderful to be him on
@archerius24 жыл бұрын
@@RichardMoglen If I could make a suggestion would be to add Amazon affiliated links to the books that Pat mentions. That would be a convenient way for your audience to purchase the books and also for you to further monetize your content.
@kaibowen87883 жыл бұрын
Love what you're doing and a big fan of the channel. Will be watching all of your interviews.
@RichardMoglen3 жыл бұрын
Awesome, thank you!
@joshfriedman10253 жыл бұрын
Wow, not only was this informative but Patrick seems like an amazing person!
@joshfriedman10253 жыл бұрын
If we can't help each other, what's the use of being here...favorite quote.
@RichardMoglen3 жыл бұрын
Pat is a great guy!
@grantsonju92564 жыл бұрын
Perhaps the single best tutorial on stock trading strategy I've ever seen. I'm a subscriber to IBD, so a lot of these comments resonate with me. Wonderful enthusiasm and some life lessons too.
@RichardMoglen4 жыл бұрын
Pat is great! I'm glad you found it helpful!
@mohanpremkumar13683 жыл бұрын
This interview is a goldmine. Lot of learnings.
@RichardMoglen3 жыл бұрын
Great to hear that Mohan!
@paulojustinianookubo4 жыл бұрын
I love his passion. I am a trader and he is speaking pure truth and giving you gold info!
@RichardMoglen4 жыл бұрын
I'm with you, Pat is great!
@paulojustinianookubo4 жыл бұрын
@@RichardMoglen great interview and thank you for letting the guest talk. Other interviewers dont let their guest talk.
@RichardMoglen4 жыл бұрын
@@paulojustinianookubo Thanks Paulo, I mostly try to guide the interview and ask the right questions. These guys have much more experience than I do.
@VijayKumar-fx6hy Жыл бұрын
Very much informative with so much clearity. Please do one more session with him.
@Riverpablo3 жыл бұрын
This video is sheer gold.
@RichardMoglen3 жыл бұрын
Pat is a great guy and teacher 👍🏻
@tugabull3 жыл бұрын
Nice, very nice. Thanks Richard
@RichardMoglen3 жыл бұрын
Very welcome
@goodfellow35474 жыл бұрын
What an amazing guy, more patrick walker!
@RichardMoglen4 жыл бұрын
He sure is, I plan to have him back on later this fall
@marksd56504 жыл бұрын
Fascinating and enormously helpful as well as entertaining. Well done both of you. I’ll be looking for your book Richard, I know you’ll have one in you. Thanks so much.
@RichardMoglen4 жыл бұрын
Glad you enjoyed it! As for my book haha, I think you will have to wait a few years :)
@ownagejuice13942 жыл бұрын
love this guy
@stockchartart11473 жыл бұрын
That’s amazing. Going to the library and drawing charts from the Wall Street journal.
@RichardMoglen3 жыл бұрын
We have it easy now, which means we have no excuses!
@mudasar13 жыл бұрын
Richard please make another video with Patrick. I think there was a lot left uncovered. It's hard to find a teacher like him and when you have one, please make full use of him. Waiting to watch him again.
@RichardMoglen3 жыл бұрын
Will do! What questions/topics would you like me to cover for next time?
@mudasar13 жыл бұрын
@@RichardMoglen 1.Since his method is so simple why don't we back it up with few examples from his past winners where Patrick dissects trades for us. There should be winners and losers as well. This is to cement the fact that without using indicators and technical jargon one can make a living out of markets which Patrick has been doing for 30 years. 2. Elaborate on reading price bars in relation to volume on a multi timeframe set up before taking or exiting a position with examples. 3. Is it mandatory to sit in front of the screen full time during market hours or can be worked out on alerts or time gaps in between to check the markets for monitoring a position. I am asking this only because of the simplicity of his method. Would he advise that for multi-taskers? 4. Where has been his biggest winners (positional or swing), answer to that out of his whole trading experience? 5. If given a chance to look back at his trading carrier what advice he would give to a younger Patrick? 6. Was he more profitable being an aggressive trader or being true to his style? 7. Since trading has a taxing effect on an individual. What advise he will give to have a work life balance where in u have a longevity as a trader without getting burnt out in the process ?
@clint30992 жыл бұрын
So many actionable tips. What a gold mine. Thanks.
@RichardMoglen2 жыл бұрын
Glad you enjoyed it!
@Pearfection4 жыл бұрын
Thanks Richard. That is a great interview with Patrick.
@RichardMoglen4 жыл бұрын
Thanks, this is a video I will watch over and over. He shared a lot!
@Pearfection4 жыл бұрын
Richard Moglen I bookmarked it and will watch over and over again. You asked great questions. Those are the things I wanted to learn about too!
@benb1214 жыл бұрын
I can’t like this video enough! very informative, thanks for doing this, I really appreciate it.
@RichardMoglen4 жыл бұрын
Thanks Ben! More to come, I recommend checking out the other podcasts if you liked this one
@peterklein74154 жыл бұрын
Top draw stuff Richard - excellent questions. Please host more webinars like this. Many thanks
@RichardMoglen4 жыл бұрын
Thanks!! Will do Peter, Already have my next guest planned and he's awesome!
@emanuelbale62984 жыл бұрын
Legend! Thanks Richard for doing this.
@RichardMoglen4 жыл бұрын
My pleasure!
@allenow4 жыл бұрын
Awesome interview and trading lessons
@RichardMoglen4 жыл бұрын
Glad you enjoyed it!
@deirdreamuelchong98884 жыл бұрын
learned more from this than any other videos out there. Thanks man. 👍👍👌👌
@RichardMoglen4 жыл бұрын
I learned a ton as well. Pat was great! Take care
@Ropadope233 жыл бұрын
Unbelievable stuff, awesome man! Well done Richard
@RichardMoglen3 жыл бұрын
Glad you enjoyed it! Pat's awesome
@rosskennedy83563 жыл бұрын
Rewatched. Priceless
@sugumrayan17464 жыл бұрын
Hey Richard , excellent man!! You are taking to next level .. thanks for doing this .. it helped me a lot to connect myself to his style .. I wish he explained more how to convert swing to position size. Really worth watching..🙏🙏🙏👏👏👏
@jamesmallekcpaphd77514 жыл бұрын
Great!! Very, very insightful. Thanks for sharing!!
@RichardMoglen4 жыл бұрын
Glad it was helpful!
@chapgolf4 жыл бұрын
Great interview Richard. I took a lot of notes.
@RichardMoglen4 жыл бұрын
Thanks Scott! Same here
@CezaryBlawat2 жыл бұрын
Top class and simple at the same time :)
@nycveneto2 жыл бұрын
this guy definitely smokes a whole lot of ganja. great interview, very talented and educational trader. thank you
@RichardMoglen2 жыл бұрын
Glad you enjoyed it!
@nycveneto2 жыл бұрын
@@RichardMoglen i did, although i must say the ryan pierpont one was my favorite. he speaks a little bit like i do (curses like a sailor and is all over the place) but could relate to him very much. id like to know if you could dedicate a show on "setting up scanners and/or junior miners? anyway, thanks for the informative videos and keep up the great work. you're helping a lot of people out there.
@KavishJhaveri122 жыл бұрын
The Best!
@jimduff40724 жыл бұрын
Great content. job well done as usual. thank you for your time and insights.
@RichardMoglen4 жыл бұрын
Thanks Jim! Patrick was great!
@LocoCioco3 жыл бұрын
a wise man. thanks for the interview
@RichardMoglen3 жыл бұрын
no problem!
@mexarrinha3 жыл бұрын
Great interview! A lot of information! Would be nice another interview with Pat!
@RichardMoglen3 жыл бұрын
Thanks!
@adityavora007 Жыл бұрын
this is Gold level stuff thank you guys learnt a lot
@relapsomusic4 жыл бұрын
Just love it Patrick Walker insights! Really nice guy!
@RichardMoglen4 жыл бұрын
100%
@danielbiasoni16644 жыл бұрын
Thank you guys!
@RichardMoglen4 жыл бұрын
no problem!
@lzalimkhan3 жыл бұрын
Thanks Richard , amazing interview ! Do it again with Pat bar by bar analysis
@RichardMoglen3 жыл бұрын
We will!
@calebwozniak43902 жыл бұрын
Great video, I learned a lot. I myself am new to the stock market but am doing my research to learn more before I get involved. The question I have is how does someone new like myself get started trading with a relatively small account? I have about $5k to get started with, however Pat was recommending the MAXlist stocks which are all over~$150 per share. Again appreciate the video, keep up the good work.
@quacker19824 жыл бұрын
Holy cow this video is fantastic !!!
@RichardMoglen4 жыл бұрын
Pat was great!
@CasyMint5 ай бұрын
Thank you! This was really helpful 🙏🏻
@RichardMoglen5 ай бұрын
Glad it was helpful!
@chanansiegel8343 жыл бұрын
Great interview, very helpful.
@RichardMoglen3 жыл бұрын
Glad it was helpful!
@mudasar13 жыл бұрын
I have never seen such a nice guy on screen in my life!
@RichardMoglen3 жыл бұрын
Pat is so great!
@Antonio-wn3cb4 жыл бұрын
Great session guys! Keep them coming Richard, good work!
@Antonio-wn3cb4 жыл бұрын
A follow up question on the DOCU analysis you guys did, if we sell into strength to lock in some profits, would you (and/or Patrick) reenter to a full position after a confirmed bounce on those shakeout moves below key MAs? Thank you in advance.
@RichardMoglen4 жыл бұрын
Thanks Antonio!
@RichardMoglen4 жыл бұрын
Looking back I personally would buy back my shares after the shakeout.
@Antonio-wn3cb4 жыл бұрын
Thanks for the reply Richard! Looking forward to more Market Chats!
@madewirya84373 жыл бұрын
He's a very great teacher 👍
@RichardMoglen3 жыл бұрын
for sure!
@Monica-ij8gp4 жыл бұрын
What a cool guy :) Lots of great info. Thank you for sharing.
@RichardMoglen4 жыл бұрын
Glad you enjoyed it!
@MrShanks1022 жыл бұрын
This was really helpful.
@noellewang15954 жыл бұрын
This is such a great interview, Richard! Thank you!!! Full of tips, lessons I wish I knew. I have shared with a friend and will watch it again. Please do a video about risk control. Specifically how to set up stop loss and pyramid purchase at 50%, 30%, 20% of full shares (100 shares in Pat's interview)? I forgot if he has certain % of stop loss to exit a bad entry price. If not, do you have any suggestion? Thanks again.
@RichardMoglen4 жыл бұрын
Thanks Noelle! Risk management is an important topic and I will definitely make a video about it. I didn't ask him about stop loss strategy but will the next time. My suggestion would be for each add on buy include a separate stop loss. I shoot for 3.5-5% stops