This interview is timeless, such good information, well worth the hour to listen. Highly recommend it.
@dspawar86906 жыл бұрын
True. Patience is one of the hardest thing in trading.
@skinnydippindan3 жыл бұрын
TRUTH!
@pradagirl66193 жыл бұрын
Listening to the interview five years later and it still has so many gems to use in today's market. This is the second interview I've heard of Michele's and I appreciate her consistent and simplistic approach to the market. Picked up some really great tips from this one!
@arielcampos7 жыл бұрын
Trading style explained at 17:52
@Mrmtl1007 жыл бұрын
thanks, she just talks a lot at the beginning lol
@mattpinola71356 жыл бұрын
Thank you!
@xmillimaking40606 жыл бұрын
boss
@raunaqueiquebal70884 жыл бұрын
Thanks
@rafaelosorio22514 жыл бұрын
@Questione Tudo Nope, the setups are found in 1D. 1H is for the entry point.
@AP4Liberty3 жыл бұрын
As a beginning trader I wanted to say thank you for this interview. I learned a lot and am definitely going to take her advice. Patience will be my biggest challenge as well. I am going to start honing my strategy based on her tips here. Wish me luck as I start this new venture! And best of luck to you all!
@ekenenelson166 Жыл бұрын
Success ✊🏼and never quit on this ✌🏼🤍
@khafreahmose8768 Жыл бұрын
@AP4Liberty how's your trading going so far??? I'm a newbie trader and would appreciate any wisdom from you!!!
@ChimpsAI3 жыл бұрын
That is how you do an interview with an amazing swing trader. Excellent!
@trickdaddyaz033 жыл бұрын
she's talking to me on this one
@hamisintunzwenimana8083 Жыл бұрын
Great Technical 1. Psychology / Sizing / Business Plan -- Strategy 2. Learning Process 3. Scanning Process
@johnthompson49976 жыл бұрын
As a 10 Year Veteran of Trading... I Totally Related to Her... and My Life followed the same pattern she described. Highest High of Life... turning into to the Deepest Darkest Whole You can Imagine.... and Only AFTER You come Thru that Testing By Fire..can You Fully Say Your a Professional. I Imagine.. 96+% never come thru it and quit with there tail between there legs.... Maybe I Now See this as a Special Club or Brother Hood for Us the Very Few who come out of it all Into The Other Side.... and Come Back to Be Consistent Profitable Traders... True Professionals... I guess... Hats off to Michele... and Welcome to the Club... JohnofSJ... "Mountain High Trading".. San Jose, Calif
@morehn3 жыл бұрын
10 years doesn't make you a veteran. Sorry bud.
@MondoChow7773 жыл бұрын
@@morehn Actually It deos depending on the individual, I'm on my 7th year. Lost a fortune and made nothing my first 3 years until I found my cadence. You have people that have been in the game 40 years and blow high conviction trade along with thier account. So you're right to a degree.
@morehn3 жыл бұрын
@@MondoChow777 I would never call someone who did something for 10 years a "veteran," unless he was in the army. That's experienced. Veteran status needs decades.
@MondoChow7773 жыл бұрын
@@morehn I agree. You yet still must remain cautious of complete absolutes. For example I'm a veteran in position trades supported by technicals and macroeconomics. Yet only proficient in short to mid term strategies. A veteran can be just that in thier comfort zone within the market. Change the market dynamics and that veteran status can be taken from you within a single trading session.
@icyboy771z3 жыл бұрын
@@morehn Everyone has different learning ability some are still losing after 10 years, some are profitable from the get go. 10 years is more than enough to be very experienced in the markets.
@gstans89428 жыл бұрын
Michele is a very diligent and focused trader and great tp hear from
@ChatWithTradersPodcast8 жыл бұрын
+Grant Stansbury, yeah I really enjoyed speaking with Michele.
@LTBL7695 жыл бұрын
I see the market from much more or less the same way she does, her favorite patterns are my my favorite patterns, I love to keep it simple and clean, Things have to make sense to me just like the way she keeps emphasizing this. However I have been struggling for about 3 months now on when to exit the trade, and I think she just opened my eyes, and made me more wiser...she has answered all my questions. I am eternally grateful to this platform.
@maximus_4166 ай бұрын
The thing about the love for analyzing charts is that you want to do something with this information that your're gathering; but sometimes just doing nothing is the best decision.
@momomimi58532 жыл бұрын
What an honest trader in Michele U really can tell that she is genuine person. Excellent interview Aron. Keep it up.
@BrandonWatts243 жыл бұрын
11:32 With quick success comes overconfidence. I'm learning that the hard way. Although a meager 10% drop from my all time high is nothing to be worried about. 10% is easy to recover once you're aligned with the market; rather than trying to align the market to you.
@logant7244 жыл бұрын
My favorite guest and interview yet! On my third listen! So much valuable information and Michele is very relatable and humble. Thanks!
@garyhocker78765 жыл бұрын
Great interview, one of your best and probably the only one I have listened to multiple times. Thanks to Michele for her candor and openness.
@frankiii45876 жыл бұрын
This was a magnificent discussion on technical analysis, right down to the exact studies Michele uses. Thanks Aaron and Michele. I'll be watching this one again!
@ttdokes8 жыл бұрын
this is amazing, the questions you're asking is great.
@ChatWithTradersPodcast8 жыл бұрын
+ttdokes thanks, I appreciate it!
@DeniseGlass5 жыл бұрын
Thank you so much. I have been binge listening to this pod cast. I feel as if it is an essential learning tool for me and my trades.
@villyv4444 жыл бұрын
Denise same here
@noelramos45558 жыл бұрын
Hi Aaron, Noel here from PH. This interview with Michelle is by far my favorite and I really learned a lot from it. Thanks to you for the effort and to Michelle for sharing her experience which is very beneficial to me personally as a newbie. More power to you and your channel.
@ChatWithTradersPodcast8 жыл бұрын
+Noel Ramos - good to know you're learning lots, I'm pleased to have you listening.
@conieladionvlog57697 жыл бұрын
Noel Ramos nice your in ph me too.
@dominic24465 жыл бұрын
what is PH?
@user-ot1vf5oq4p3 жыл бұрын
@@dominic2446 Philippines
@user-ot1vf5oq4p3 жыл бұрын
Hi, sir! How was your years of experience so far? :)
@NomadGurkha5 жыл бұрын
the amount of clarity with which she speaks! this is among the top 3 videos easily at CWT
@monkey4014 жыл бұрын
Deepankar Kapoor what are your other top videos?
@ImmyYousafzai5 жыл бұрын
53:40 That is the GEM I have managed to extract from this interview.
@XSAoRAD4 ай бұрын
This is the #1 gem anywhere, I've heard this mentioned before.
@JeanFrancoisDesrosiers7 жыл бұрын
Priceless. Just applying those tips would have saved me thousand$. Now applying them after finding myself the hard way. It confirms I'm on the right path though.
@davemartinez6493 жыл бұрын
Just out of curiosity, where you able to continue moving forward as a trader 3 years later? Not concerned too much about Lamborghini money, but is trading a good enough source of income for you?
@Sergio-yv1lf2 жыл бұрын
I have to say that this is one of the best interview that I have a chance to listen to Michelle explain with precision every concept of trading thank you very much to both of you.👍👍👍
@davidworrell863 жыл бұрын
Love all of this free info. I've listened to so many of these so many times of the course of the year.
@wesleymutai49132 жыл бұрын
Am here listening to the podcast 6yrs later! Great info
@jasondillon2567 Жыл бұрын
I just have to say thank you so much for sharing. I am only a year into my trading journey and often doubt whether what I am doing is correct, but it sounds like a lot of the methods you use are ones I am also developing. It's very encouraging!
@RotterStudios5 жыл бұрын
Plan your trade and trade your plan. No FEAR No GREED!
@rickmaisto16268 жыл бұрын
Thank you. I am very happy to have found this channel. I have long term investments & now a trading account. Patience has been my nemesis and I am working on it.
@user_abcxyzz6 жыл бұрын
Rick Maisto fomo is your nemisis.
@martinaasen84403 жыл бұрын
I listened to most if not all of these interviews and this one 5 times the last 2 days
@bibarishs31204 жыл бұрын
very good questions and answers. Thanks both of you. .
@luismonteiro43703 жыл бұрын
5* Thanks. For me one of the best podcast ever. So humble, so true, so good to listen to. Excellent guest! So clean of technical bullshit. Michele, Thank you for your metality and directness in talking about these matters. Thank you so much Aaron.
@hopefully22242 жыл бұрын
This is the level I understand. All the tech stuff is a different language
@premierleague18623 жыл бұрын
This is an excellent chat. Michele's style is very similar to my own on a swing and intra-day basis. And I have experienced many of the pitfalls she describes over the years. I'm sharing this with my daughter who has commenced her own trading journey. This is a great interview. Great job!
@matthewwilson43295 жыл бұрын
So I just started listening to your interviews tonight.... you do a brilliant job and have some amazing traders that you speak with. I've been a trader for a decades and the people you interview are top notch. I fell on hard times via divorce a while back but I still watch the markets daily..... I'm a professional golf caddie and my goal is to get back into trading... Please keep posting content
@dccrusin82903 жыл бұрын
Do pick some occilating penny stocks and swing trade within their channels.
@arpitgershom22644 жыл бұрын
Best interview for learning I have seen.... Thanks
@vcash11124 жыл бұрын
Great Interview 👍 Bring her back!
@ronnyclagg31852 жыл бұрын
Love these videos, so much insight into ways to look at the market. Love to 50ema on the 1 hr also, 34/50 ema pair is an incredibly powerful tool used with price action/volume
@M0RGENDUGG Жыл бұрын
Thank you very much for this Michele ❤
@hallamhope4 жыл бұрын
A very interesting interview with Michele. Great questions. Hallam in always sunny Barbados.
@TobySchnoodle3 жыл бұрын
She is so smart, love this woman!
@ammalik34628 жыл бұрын
she is my favourite trader out of all investor ground members
@ChatWithTradersPodcast8 жыл бұрын
+Saif malik yeah Michele is great, thanks for watching.
@bluesky48667 жыл бұрын
Chat With Traders Cool
@ParkerAnderson20246 жыл бұрын
It's true, today when you hear the technical analysis terms, you go look them up, and then you learn to apply them to brokerage software. I have used Sink or Swim and the Schwab software, Streetsmart Edge. You take a look at the RSI and Moving Average and all that other stuff before you buy.
@michaelgmyhan62775 жыл бұрын
Sink or swim bwaahaahaa haahaaa!
@kmlumd447 жыл бұрын
amazing. a video like this is 60min long but it takes you over 3 hours if you really want to retain everything and take notes on it.
@kmlumd447 жыл бұрын
like a visual book
@wn77wn8 жыл бұрын
WOW what another grate EP. I know Michele since before but not as after this interview thanks for extracting all those nice tips and information i repeated listing to few parts from the interview i think this EP. although it is an hour time it can be a reference to starting traders
@ChatWithTradersPodcast8 жыл бұрын
+wn77wn, excellent! I'm pleased it was helpful.
@skinnydippindan3 жыл бұрын
these are the kind of interviews I've been looking for for so long. great content! thank you.
@harrystyles75173 жыл бұрын
Quality content, mature conversation....
@andym56635 жыл бұрын
This interview was fantastic.
@INDENTUREDTRADER3 жыл бұрын
“You Know” is very American, I think I counted eight of them in one answer. I was very happy to hear her honesty. Genuine lady offering her whole trading heart on her sleeve.
@SuperBartles3 жыл бұрын
Very informative. Many thanks. Listened to it about 3 times
@nobakwaas51616 жыл бұрын
she said "keep it simple, stupid"...this means she has read One Good Trade by Mike Bellafiore...really good book I highly recommend it
@michaelgmyhan62775 жыл бұрын
One good trade and then....one good trade and then...one good trade! I agree a really good read from a man that has been there...deep insight...
@chrislav49743 жыл бұрын
So much knowledge in this podcast... thank u
@360.Tapestry4 жыл бұрын
such an aggressively macho intro for what are pretty casual conversations
@BoyanKostadinov4 жыл бұрын
Excellent interview! Thank you Aaron and Michele!
@dipu8273 жыл бұрын
Great questions and great answers. Very informative.
@BigBlackBe4r8 жыл бұрын
Excellent interview, super insightful.
@vmihaylov6 жыл бұрын
info packed interview. Thank you. Still very relevant in 2018
@davewave81448 жыл бұрын
Got a lot out of this - and I have been swing trading before there were on-line brokers.
@ChatWithTradersPodcast8 жыл бұрын
+Dave Wave good stuff, thanks very much Dave.
@SALTYTOAD0003 жыл бұрын
How did you do it back then before there were online brokers?
@paulax73793 жыл бұрын
Really great serie, I'm listening to every episode, really excellent
@PhanOT116 жыл бұрын
Very informative advice, Michele! Thank you. I'm brand new in trading. =)
@skinnydippindan3 жыл бұрын
"More Patience, Less Staring" 100
@tomasaleluia9325 жыл бұрын
Awesome content, i took so many valuable notes from this. Thank you!
@Blackdiamond929_3 жыл бұрын
It’s so amazing to hear these stories , gives me great hope and excitement for my trading journey ! I am sharing this channel with any new trading I bump into ! Can listen to this any time , easy to digest stuff . 👌🏾 keep it up
@alexdrastico78407 жыл бұрын
Good interview.. You know! ;)
@bricianmcwilliams28395 жыл бұрын
This is a lot of fun to listen to. Thanks for a good podcast.
@drewgibson42336 жыл бұрын
This was an awesome interview very helpful thanks to both of you.
@phobia66612 жыл бұрын
Heard it like twice and so enlightening 👌
@jyoung67083 жыл бұрын
Newsflash these patterns she speaks I don’t work in today’s market most of the time, they used to but now the big money knows that it is what all the newbies are looking for
@hornomat60992 ай бұрын
Listened several times👍
@AlaghaAhmad7 жыл бұрын
She is amazing, thank you very much ... I liked the idea of taking the middle Part of the Moves
@subculture69242 жыл бұрын
she is so smart. cool interview
@relaxingmeditationmusic41722 жыл бұрын
Best interview ever 😩
@STBRetired13 жыл бұрын
Her first big flaw was not quizzing that fellow student who managed to put himself through college by just trading a couple stocks each quarter. Later, she was looking for a mentor and she could have had one in him. The difference between her early trading days ( and mine ) is that today you can open a dummy trading account and practice your various technical techniques with funny money and not real money. It's like a pilot flight simulator for stock traders. It's always easy to take a time period for technical analysis and say that we should do this or that at various points on the chart. The hard part is figuring out what tomorrow and the days after will bring. With a dummy account you can learn to put in stop-losses etc. Perhaps the hardest thing to learn is that you don't have to squeeze every bit of profit out of a move. If you make a dollar - YOU ARE A WINNER. If you wait too long, the market will probably drop out from under you and take all your money with it. Just keep making those dollar wins. And it always helps if you have a spouse making a ton of money by going to work every day.
@anythinggoodproducts7 жыл бұрын
great interview
@Jake-vq5kr2 жыл бұрын
Great conversation! Thanks
@rovingwolf795 жыл бұрын
really enjoyed this one, one of the best
@jeffcokenour3459 Жыл бұрын
Genius advice from this lady. No one wants to take a loss, but if you do not have strict stop loss discipline you cannot be successful.
@mrtravelhub43134 жыл бұрын
Does she make money? I saw her home website.. One of the sad realities of the trading industry, and the futures trading industry in particular, is that there are far more people making money selling others’ systems and “ways to make money trading,” than there are people actually making money trading.
@steplaland3 жыл бұрын
Those that can trade, trade; those that can’t talk, write and teach trading.
@Martin167073 жыл бұрын
AMAZING INTERVIEW
@handyrams46646 жыл бұрын
I'm noticing a common theme with a lot of these traders you are interviewing. It's that they made a lot of money early on in career and "gave it all back." The same thing happened to me in Bitcoin and crypto market. I took a 25k loan last year and flipped it into 200k....then gave most of back...now back to where I started.
@domingofernandez77115 жыл бұрын
Greed is NOT GOOD......
@kevinchavarria67924 жыл бұрын
Set a stop loss even if you walk away with 100k that's better than going back to where you were
@tyndni6 жыл бұрын
Excellent interview.
@chrisstephens31965 жыл бұрын
I do agree with what she says at 53:00... don’t copy other traders, you don’t know their position. For example, I have a pretty good win rate, 91%. Someone may see that and jump into a trade just because I took the trade. But what they don’t know is, I’m a long term trader and I don’t use a stop loss. I trade very conservatively and can withstand major drawdown. It would be very easy for newbie traders with small accounts to blow their accounts. .... So again, for first time traders, don’t copy trades. If you want to stay alive in this game, then take the time to learn to trade. Just like going to school and learning a craft. You may get by with copying someone else’s tests, but it’s going to be a rude awakening when you’re in the real world and in way over your head and realize you don’t know shit.
@dccrusin82903 жыл бұрын
Exactly.
@damha31574 жыл бұрын
So the hope strategy is pretty popular I use the hell out of it for the first year
@1979ATL4 жыл бұрын
😂 😂 😂
@ghettostocktrader96995 жыл бұрын
She started out with 40 grand. Makes things a lot easier. Makes your learning curve bigger. Peace
@SebastianGonzalez-gx5ji5 жыл бұрын
yes. easier position sizing and management.
@ghettostocktrader96995 жыл бұрын
@@SebastianGonzalez-gx5ji WAY EASIER
@relaxingmeditationmusic41722 жыл бұрын
Nice & excellent questions
@interests10947 жыл бұрын
wow she looks at that many charts in a day omg. most people won't be able to do that. am not a robot.
@dccrusin82903 жыл бұрын
Charts are the easiest way to grasp channels to swing trade.
@ParkerAnderson20246 жыл бұрын
I looked at her website and she shows how she made like $350,000 in a year on a few trades and she says she just wants to help people. If I made 350K a year on the market, I would not need to make any extra money selling a service of ready to go charts, I know human nature so I am a bit skeptical. Maybe I am jaded. My rose colored glasses broke years ago.
@MondoChow7775 жыл бұрын
The market is dynamic and always changes, to expect a green year, year after year is high risk thinking. You would need other income.
@wallstreetgambler91513 жыл бұрын
alot of people make money. when you make money you always want more.
@dccrusin82903 жыл бұрын
But from the successful trader's perspective, they can't even mention their favorite topic in public without the public wanting free advice. Then the public ventures forward, not having understood, forgetting what they did understand, and guessing on their own. When they fail on their own, if they do, they then scapegoat the trader. The only way to handle that dynamic efficiently is to offer them something recorded. If the person is unwilling to reciprocate value for value by paying the trader and actually studying the materials, the trader can shrug off the public request without social blame. You seek to out traders in a no win situation where they cannot mention their favorite subject in public without becoming the bad guy.
@dccrusin82903 жыл бұрын
@@MondoChow777 AND keep a cash core. NEVER go all in.
@roycesjourney374 ай бұрын
@@ParkerAnderson2024 not that I’m sticking up for her, because I have zero idea if she’s a scammer or not, I am a marginally profitable trader, and trading pullbacks in a trend is absolutely a viable strategy, but I’m going to say something most people don’t think about. I have a buddy who’s trying to be a professional poker player. Taken classes and reads voraciously. He works part time, I forget what they call it, but apparently some poker players have a name for it, even if they’re profitable they need the control mechanism of work. Because they’ll spend all their money or let their addictions overrun their lives. I 100% understand. I’m a recovering alcoholic, if all I had to do in a day was check prices a few times a day I’d be a drunk and in the gutter. My wife would leave. So even if I made enough to live on my trading profits I’d probably still work, and I’d probably run a trading business. That monkey on your back can kill you. Also I would need a 500k account to make a living. The only way I’m ever getting that big of an account will be to get funded somehow. Starting a hedge fund or starting a business.
@sahadathhossain85533 жыл бұрын
Very Best Interview.
@stevenbrooks49825 жыл бұрын
Great interview!!!
@JCaymen2 жыл бұрын
Super Helpful. Thanks.
@erzsebetpapp37388 жыл бұрын
wow, she is soo right! thanks, very very helpful podcast! :)
@ChatWithTradersPodcast8 жыл бұрын
+annamaria torok really good to hear this was helpful! Thanks for listening.
@haypapa7 жыл бұрын
nice interviews man. when u gonna have a binary option guest?? is getting big
@PeterJames1435 жыл бұрын
Awesome interview, great job, really interesting interviewee thank you. Liked subscribed. I always regret subscribing bit anyway I subscribed hope it works out. :)