Day Trading Retracement Levels and Why They Matter!

[@Live.Traders]

Join the Community and Be Notified Anytime we Upload a New Lecture or Video Lesson. Click here to Subscribe bit.ly/37yxi0c

[@THE_CEILING_MASTER]

I love your smile when you say “I’m Jared Wesley,let’s get to it” On every video 🤩

[@BCreative12]

Hello. I want to buy TSLA. Do u think it wud be better to buy before or after the 5 to 1 takes effect on month end? Please. Thanks!

[@TheUSWMO]

Great content!

[@BCreative12]

@Jon S Aw. I am pretty close to learning to do that but not willing to lose all my shares but in these conditions its a pretty for sure thing to be accurate. 🎆📊💖

[@marthaazegba4342]

A trader with so much ambitious goal towards his clients, a man with love and care for others.You're magnificent when it comes to investments,contact this great dude on instagram @Charles_forex09...

[@marhawk6468]

This stuff right here is what other gurus can’t teach you. One of the reasons I hold Jared above everyone else

[@Live.Traders]

I appreciate it!

[@brandonsuhajcik9314]

This may be the single most intuitive stock trading video on KZbin, or anywhere else for that matter💯

[@Live.Traders]

Thanks I appreciate that!

[@warriorjennings5115]

Oh you watched em all? Lol

[@Poppa_Capinyoaz]

@@warriorjennings5115 Language isn't your strong suit huh? Original commenter said 'may be' not, 'is'.

[@warriorjennings5115]

@@Poppa_Capinyoaz comprehension and context clues are foreign concepts to you yeah? If it's the most ANYTHING, that means everything pertaining to the subject has been "weighed" by the judge in order to make such a claim as something being the "most" or "best". If English isn't my strong suit you don't wanna know what I'm good at. Dork

[@Poppa_Capinyoaz]

@@warriorjennings5115 Lmao...righto. The word that throws your comment out the window, is 'may', seeing as how you are only pretending to grasp what the original commenter said. The 'judge' need not have viewed all of the available content on the matter to be able to offer a comment of 'may be', if they'd said, 'most definitely is' you might have a point but, they didn't, so, you don't, asshat.

[@randomgameplays9544]

I don't regret to discovered Jared ! I love the way he teaches, the way he talks ! This is purely the true about trading. Just watching those free content on KZbin is like having a Coach! Really ! Thx for everything!

[@garnetofjanuary1669]

TO EVERYONE: Listen to Jared and Anmal! I’m still in my “beginner years” and have never blown up an account! Ever! Have a plan, know your entry, stop, and target ALWAYS, or don’t take the trade if your not sure. Use bracket orders so you dont have to watch the stock constantly. Literally, I’m doing every they advise. Ok, so maybe I’m more cautious than the average bear (or bull), but I’ve never blown up an account! Growing it slower and consistently and keeping the greed in check has worked for me. The content in these videos always provide educational value. Thank you guys for sharing your knowledge!!! I’m putting it to use every day👍🏻👍🏻

[@garnetofjanuary1669]

Gorden Gecko : my W/L averages about 65%. I paper traded for only a month before I started putting skin in the game. Not because I was confident or really successful, but more because I needed to get out of the comforts of paper money and test my guts. I only traded 5 shares/trade at a time on low cost stocks with a max loss of $10/day. At first I tracked whether or not I was green or red for the day, and which strategy was mostly successful. Then began trying to “perfect” that strategy. For me it’s the ascending triangle/bull flag, the opposite for shorting, where I found the most success. After have a month of more Green Day’s than red days, I went up to 10 shares/trade with a max loss of $15/day. I’m now at the point where the number of shares vary based on price of the stock, with a max loss of $50/day. I hope this helps and good luck!

[@deadlastass]

Well said, I feel the same way. I'm a never too early to take profits guy.

[@rustygolfer3475]

Well said. I started trading 1 year ago. I knew nothing and learned from every LiveTrader vid. Starting w $5 stops then $10 I'm now at $20. I can honestly say my largets loss ever has been $22 on a $20 stop. If you halfway know what you are doing you can't blow up an account. I would have to have 300 losers in a row.

[@pauldaynellekoch9947]

This is the absolute best hour of trading info on KZbin. Bravo!

[@ivblackburn]

DUDE! thank you so much for these videos. ive only been trading a few weeks and this video confirmed for me what ive been doing wrong. well at least one thing. I kept hearing buy the dip sell the rip. over and over. so I use the Premarket scanner, find a rapper, buy the rip and wait for the rip that never comes. did the 4x on 4x differ stocks Friday. lost $390. after seeing this video I went back and looked at my entries. all entered on the downside with hopes and dreams of recovering and blowing past the high that had already past. I got stopped out 2 times only to watch it reverse right after. very frustrating. im going to watching with different eyes next week. thx again.

[@alecale8463]

I don't understand how you can dislike their videos....Straight, clear and very usefull to me !

[@johnlewis1497]

Best trading education you can find on KZbin.

[@dannyjiujitsu]

Hey Jared, I was a consistently profitable trader before, but my friend Roger Young told me to watch your videos and it had improved my trading significantly. Just wanted to say thank you for all you do. And loving the honesty and no-bullshit call outs of gamblers in the beginning of every video by the way. 👍

[@Live.Traders]

Thanks, glad to hear the videos are helpful and congrats on your trading!

[@acostaesales]

I watch most of your videos here and I’ve learned more than I’ve ever learned from anyone else on KZbin 🙏

[@hapsororenaldy5971]

my trade is getting better and better since I watch your lectures, thank you so much for your generosity!

[@AMEDDIO100]

Very Very few mentors or educators on youtube have the ability to make you say WOOW every single time you watch a video for them. Jared is on top of them.

[@jeremymay3626]

Yeah this is by far one of my most favorite videos that you have done Jared. I find it hard to believe that people are crying about your videos being too long. I wish they were longer!! Thank you for all that you do for us!

[@FawadSurosh]

This lecture has absolutely changed my trading experience. Thank you Jared for sharing such beautiful information.

[@ForeverInProfitsLLC]

Rewatching all your videos 📈

[@adityavora007]

whatever jared says about how good this channel is in his intro - multiply that by 10 - coz thats how good this channel is. thank you

[@MikeWick718]

Day after day you’re changing my life, Jared. Thank you’d so much for being such an incredible teacher. After being in this business for only month I’ve become profitable mainly thanks to you.

[@1714elijah]

This is by far the best lecture for me. Feeling very comfortable.

[@PavelSumik]

Your videos are really very professional and fantastic, very supportive for newbies, thanx

[@raulmorales3754]

Jared, really didn't know what to think of you, I started watching your videos and I can't believe how much you changed my mindset over time. Thank you for the content you post. Great job.

[@keen2461]

Very good video. Being able to process and take action on these price action moves on real time, takes years. That's why few people reach consistent profitability.

[@DjRadRod]

Jared is the best for day trading education. Raw, in your face, concrete knowledge! No BS, get rich quick rubbish. Just legit facts. Don't be an idiot! You are not better than the market.

[@gtk406]

"there will be an area to add somewhere almost always..." this is great advice something i've learned my first few years trading and watching tickers. there's no rush, and deff no need for FOMO.

[@417altavista]

This lecture is fantastic. Answers and confirms much for me. This is all real-talk here.

[@tradingpsychologyacademy2025]

If you watched this video, you basically just found gold for free! It took me 2 years to learn this the hard way. Amazing video!

[@Live.Traders]

Thanks, that means a lot! I appreciate it!

[@Essefight]

Absolute top notch content. Thanks to you Jared and Anmol with every lecture my trading is becoming significantly more meaningful and simpler.

[@princesssophiawise3560]

Thank you Jared! I've been losing with this strategy so I am looking forward to knowing what I'm doing wrong. You are the best! Well well well....now I know what I've been doing wrong.... no multiple concepts converging and going against trend. silly me! Thanks again Jared

[@curtdodd6937]

One of the best lectures...just like the pilot's check list! Jared, you are an awesome teacher!

[@cadizwilmo9687]

I've been waiting for the weekly WWTIS segment which helps keep me inline! Thanks so much Jared!

[@halvinalvin]

Damn Jared, one of your best lectures to date! I got into trading a couple months back but I wish I knew all these important concepts sooner. Things like retracement, supply and demand zones (accumulation and distribution), getting out at 3-5 bars in your direction, and treating the candles like people and that they are trying to tell you something are things that have really upped my game. Keep doing what you're doing. You're helping a lot of us and I appreciate your tough love approach haha

[@mattn5355]

The R:R on these retracement entries are beautiful!

[@valtercosta3370]

Very instructive lecture, very objective and to improve even more, it is free. This is a pot of gold. God bless you, Jared.

[@marccollins1445]

Excellent, clear and concise explanation of what really matters, with some occasional humour thrown in, too. 10/10 content here.

[@ashraffrioui8013]

I mean l watch some traders but by far the best value is in this FREE channel thx a lot!

[@greenergrass35]

Thank you very much for the knowledge 👍

[@ahmad7661]

Jared, I don't think enough people thank you for this amazing content you put here for us. This has been immensely helpful. I've watched like 13 videos this weekend alone. Thank you so much again and wishing you all the best cause you deserve it.

[@mdlamerica2754]

Thank you Jared. I’m understanding the language of “candlestickease” so much better now because of your teachings. Can’t thank you enough.

[@britmiss-101]

Me too. I'm going back to the drawing board. It falls into place the more I watch. This is a really valuable channel for a beginner

[@captainlouie]

Watched this in chat room and again now. Thanks so much, JW your lectures and chat room , amazing.

[@Live.Traders]

Awesome! Glad you're enjoying them!

[@ToastCre4tive]

Such valuable information given for free is a true gift, thanks Jared!

[@Sk-bo1gm]

by watching this video ive corrected my last week mistakes ....hope it wont repeat again thanks a ton to Mr. Jared

[@compassmind_]

One of my top favorite lectures from you Jared ! Appreciate you.

[@chocopuri4331]

thank you for always increasing our knowledge.

[@studlydude2000]

BEST VIDEO EVER!!!!! Okay, I’m starting to say this about every one. Jared you are a Godsend. Thank you!!!

[@adityavora007]

mind is blown - in 19 months of learning technicals no one anywhere has explained things like this

[@itzhakdavidi2775]

How can people dislike such videos.. High quality content, Thanks Jered.

[@st0ryed1]

Thanks Jared for talking about the market like you did today... I was wondering!

[@River313]

best channel so thankful for what you guys do!!!

[@Live.Traders]

Thanks!! We appreciate you guys!

[@visuals12345]

HERE IN MAY 21/2021 AND WHAT YOU ARE SAYING IS SO FUNNY.... All the new traders are surely FEELING the PAIN now thinking that making money was easy! Thanks for this

[@kevinle2955]

Waited all week and more for this Jared man

[@adityapandey9392]

You are my dad I have considered it Learnt a lot from you will watch on repeat

[@JayCaeser]

jareds the best teacher on earth

[@Live.Traders]

awe...thanks! Means a lot to me!

[@quangdong6723]

Thank you so much for the video. Have been watching a lot of your teaching and could not understand retracement n pivot. Finally there is a light across the tunnel.

[@brandysoda8665]

Great presentation! Your powerpoint is well prepared UNLIKE a so called prestigious Manhatten firm who puts info on you tube about trading with all kind of errors!Kudos to u!

[@CA-bx8bu]

Great lecture today. I understand the concepts but need time in the seat to go through the analysis during market hours. Maybe a slower timeframe will help too. Thanks Jared!

[@regulardude2011]

The more videos I watch that you present, the more I realise that I don’t know anything. Thanks for the video

[@matthewmiller2550]

Totally guilty of fomo on a bounce, after big gain. Paper trading caught spi about 10 and sold quick percentage of 75 sold of 100k. 29 dollars got out. Then caught a few bounces the next day. Then got caught trying to dip a 3rd time for 75k. Learning alot though thank you.

[@watermouse9296]

Wow - I loved this lesson - I have been trying to figure out my trading style and have been learning and studying more about playing Mid-Candle setups. This has really opened my eyes to the expectations I should be having with these and incredibly excited to go put my learnings to use. So far Mid-Candle seems like more my style! Awesome tips here and thank you!

[@wadik01]

great lesson again! gave me light in the dark. thanks Jared !

[@minhmeoquay]

everytime i watch his lecture, i learn something new. Great man!

[@sirhamalot8651]

Super informative and awesome as always. Thanks, Jared!

[@sabrinaroy8890]

your so AWESOME Jared @ Live Traders, I really enjoy your education videos.

[@fithawighirmay8178]

Jared! You are one of a kind. You give best trading education ever.

[@chrisdudden104]

Thank you for the continuing lessons. I find them very valuable.

[@patrickpatterson630]

Another fantastic video!!! Great call on ROKU, to bad I was waiting for a bounce on another stock that never happened and you called it in this video. Appreciate your time and knowledge.

[@frankreyes5082]

great class , THANKS

[@River313]

Great lecture thank you

[@jeremymay3626]

Thanks again Jared! You truly are the best trader on the internet! Love your videos! I will be watching this one multiple times!

[@lsente]

Boroden, Carolyn - master time and price will expand on these topics... Great presentation and thank you for the content... Been trading for decades and I have found your message to be useful when describing my ideas to partners... Kudos on killing hope and keeping things analytical!

[@stevetaffy8780]

Incredible info. Its been tough viewing because of all the stupid trades I've done and you've perfectly explained how I made those dumb decisions with your charts. Thankyou tho. 👌

[@abidzaid3260]

Excellent lecture thank you very much. I can only leave one LIKE otherwise I would have automated the process to keep clicking.

[@seanjohn6704]

Please make more like this, very informative and helpful. Thank you for sharing your wisdom.

[@dooleyh158]

Incredibly useful video. Not for new traders, too technical (I thought so the first time I saw it) - but now, Wow! Wishing you good karma for your generosity.

[@KhaledKimboo4]

Every trade is a form of an equation Action = equal or less reaction + trend momentum No trend gives action=reaction (Range) Strong trend gives action=reaction+momentum

[@shaughnessykelly5175]

This is such an amazing video!! Thank you so much for using your time to share this information!!

[@Avishaytrabelsi]

Thanks men really helpful stuff and as a person who find it hard listning to somone for more than 20 minuts you speak so plainly and directly its a pleasure to listen .. blow up my first acount after 1 year , hopfully learning and watching people like yourself will take me to the next step .. much aprichiated !

[@waterlinehood1940]

For guidance on WhatsApp

[@waterlinehood1940]

[phone]

[@kingslow78]

Thanks very much Jared for the great content.

[@13anomalous16]

Phenomenal lecture as usual

[@christopherwic236]

Well very thankful to come across this gem! Thank you for your time and energy.

[@aboudy9714]

Another first class video. Thank you Jared. Quick question however - in one chart you use pivot low of the previous day as the start point of the move to determine pullback levels (chart at 41 min into lesson)and on another chart you take the low of the day at the gap open (AAOI at 36 min). The stock gapped on both charts. Should you be looking at the low of the day after the gap up or the pivot low from the prior day? Cheers

[@Live.Traders]

Great question...It's interesting cause no one asked for YEARS, now in the past month I've been asked this many times. If a stock gaps up and moves 3-5 bars then I use the LOD as the pivot low. However if it gaps up and doesn't move much, maybe 1 or 2 bars, then I use yesterday's pivot low...Cheers!

[@aboudy9714]

@@Live.Traders Thank you for your kind guidance. Much appreciated!!!

[@mikeskyevisuals]

So much value in this video! Thanks Live Traders for this, really appreciate it 👌👌👌

[@willweiss3205]

GREAT! Thanx Jared

[@KryptosChain]

*My favorite trader Jared is back! Will watch this in a bit but quick question Jared, what if we get a day high which is very close to the previous day's high after a dump ? So example, yesterday's high was $2.95, then it dumped later that day to $2.44, today it touched $2.94 and follows a shorter red candle to $2.88, do you think it's a bullish sign and ready to break out with a wide range green bar or still a low probability? Thanks in advance*

[@Live.Traders]

It all depends on YESTERDAY. Was yesterday a wide range bar? If so, then NO I wouldn't take it today after such a deep pullback...Most of the time when a stock has a WRB, it need 1-2 days of rest before going 'significantly' higher...typically anyway.

[@KryptosChain]

@@Live.Traders - *I see, no, yesterday's high was a head and shoulder formation, today's is a bull flag formation*

[@EriPages]

So it'd been 3 days, how'd that stock do?

[@smacpost3]

Thanks Jared, this was a really good one, and that's saying a lot considering the high quality of your other lessons. I hope you have a great week.

[@miketiger2030]

Thumbs up 👍🏻job well done .. keep them coming Jared . We appreciate you.

[@JC-yyc]

brilliant job , thx again J !!!!

[@gabrieltoledo5716]

Hey Jared. I think your a great teacher at what you do. Honestly, you should be teaching in a prestigious university this knowledge. One question. Do you use any momentum scanners ? Thanks.

[@jaythedon5753]

Thank you so much for this

[@tradingpsychologyacademy2025]

Nice calls on Twitter today!

[@nathancook]

Tremendously helpful video. Thank you for being the voice of reason in this crazy market and world of you tubers promising get rich quick schemes.

[@intelligentcomputing]

"if you put your brain in a parakeet, it would probably fly backwards!" - hahaha - love it!

[@dale4179]

Great video! Very well explained, thanks for taking the time to put this out there.

[@kaifahmad4131]

Quality content as always 🙏👍

[@johnjones-xl7gn]

Just found your channel and love it. I will be watching many more over this long weekend. Thank you for the great content that is simple to understand even to us newer less experienced traders just beginning to try and find our way thru this land mine filled stock market...

[@adssally]

Thank you so much! I have really learned so much from your videos.

[@CadenceKid]

Great Lesson! U mentioned Shallow Retracemts (%20 and higher) and how it's not a good enough of a price correction.... Would it be wise then to formulate a strategy that exploits this by countering the move by shorting under the new High bar's Low 1/2 positions and adding if it breaks under the recent pivot? Do u ever exploit the over 100% retracement by letting it bounce and then taking it into the "new" trending direction...expecting a failure?

[@Live.Traders]

I wouldn't no. Unless it's climactic I won't short it. There are plenty of times I feel a stock will go higher/lower, but if it doesn't have a pattern I won't take it. Remember, 20% retracements are STRONG, but tired strong...so they often bounce, just not as much as they should.

[@kishanchawla7937]

Your way of explaining is really great.

[@nuxarbor2350]

Thank your very much for this lecture. I think, it fits right into my actual place at the learning curve. Highlight for me, because is struggled with retracements as such. But now it could be another part for gaining confidence through analysis: MULTIPLE CONCEPTS CONVERGING IN AN AREA. Is this applicible to the daily timeframe for developing a technichal bias for multiple day or weeks swing trades?

[@clarkpavarin2790]

Love your videos

[@marianlech3378]

I missed the good old fashioned lectures a lot, Jared. Good to see you back with another one. Many thanks.