Make a Living in 1 Hour a Day Trading the 3 Bar Play!!

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Live Traders

Live Traders

Күн бұрын

Пікірлер: 7 400
@247E39
@247E39 5 жыл бұрын
Man I just got started. Stumbled around in the market, gained, lost and asked myself, what am I doing wrong? Read articles, advises, watched videos and found this one here. The morning after, I started this technique, watching the pre-market, found my stock with much volume, read some news about the company, waited at the opening for the bars to come up and gained 10% of my inset in 30mins. Can’t believe what happened there and started to go to your other videos, hoping the next day will bring up something similar. Love you! Keep it going and stay grounded as you are! Thank you
@Live.Traders
@Live.Traders 5 жыл бұрын
Awesome...just please take it slow and go SMALL...don't risk a lot of money. Never lose more than $10 per trade when you're new. Cheers!
@shahinrab
@shahinrab 4 жыл бұрын
1. No strategy is completely trusted until you show when and how it fails. 2. It would make more sense to talk in percentage, not $ 3. It is relatively easy for people to get in than get out. You discuss the entry point. What is your exit signal?
@goodbyemr.anderson5065
@goodbyemr.anderson5065 4 жыл бұрын
He says the profit target multiple times. Thats why hes giving you the rusk on your money. Are you stupid, or did you not watch the video.
@shahinrab
@shahinrab 4 жыл бұрын
​@@goodbyemr.anderson5065 Examples of targets, please. Like exact rally length in %. Give me video bookmarks since obviously I have missed them.
@martonvirraszto4774
@martonvirraszto4774 4 жыл бұрын
@@shahinrab Hi. Jared uses a 2 to 1 target most of the time. So take profit target is simply two times your stop size.
@shahinrab
@shahinrab 4 жыл бұрын
@@martonvirraszto4774 Thanks. That answers my last question, although not very clear from the video. Any idea about when and how his 3-4 bar strategy fails?
@vitalx8956
@vitalx8956 4 жыл бұрын
Great question
@crymedusa
@crymedusa 4 жыл бұрын
Tried this out. Decided to trade with the candlestick patterns that I never really understood too well before, did much quicker "in and out" trades, and so far, it's working. Much better than what I've been doing previously. Keeping it simple definitely pays off a lot more, Love this video. Thank you for posting this for free, people seem to take that for granted sometimes.
@mattbuddy6803
@mattbuddy6803 4 жыл бұрын
What platform are u using? if u don't mind.
@qifry5367
@qifry5367 4 жыл бұрын
@@mattbuddy6803 all trader use metatrader 4 dude but different broker
@ItsAmill
@ItsAmill 4 жыл бұрын
Cry Medusa how’s the 3-4 method been working for tou
@ItsAmill
@ItsAmill 4 жыл бұрын
You
@crymedusa
@crymedusa 4 жыл бұрын
@@ItsAmill Been using them for making option calls, I've placed some across snap and MSFT. With a single snap option i bought after a dip and using the pattern shown for when would be a good time to buy again, it made me over $100 overnight, on one option. If I bought multiple shares, each of them at around $1.04 when I purchased, I could have multiplied those each by another $100 per share. Deciding not to be greedy and trade smarter lately though, so I've been doing one at a time every day or two, and making steady profits while holding some long calls.
@Drone256
@Drone256 4 жыл бұрын
"Mind the gap" makes more money on each of your charts than your trading strategy. Just trade in the direction it gaps. That won't work in practice but it works on your cherry picked charts.
@linearfish7151
@linearfish7151 4 жыл бұрын
Trading the retracement of the gap is far more probable. Unless it's a big gap i.e. greater then 100% of previous days range. I think his statement on that was bad information but he can get away with it because he qualified it by basically saying large gaps continue trending which is also true, but there are more smaller gaps and those retrace far more then large gaps keep trending.
@jenny120706
@jenny120706 4 жыл бұрын
I was thinking the same thing. What if you start trading without a gap. I think it doesn't work for forex or futures?
@bambambino23
@bambambino23 3 жыл бұрын
I made a script that trades the 3 bar play to the exact method described here and then after I back tested it over a long period of time and on DOZENS and DOZENS of symbols as well as different kinds of equities...it is not profitable. This leaves me with many questions.
@dimitridehouck9506
@dimitridehouck9506 3 жыл бұрын
That should've been obvious :D
@laharoy
@laharoy 3 жыл бұрын
Amazing talking about winning and profit!!! Where are the losses? I wanna hear about that and I agree. Would love to see live trades and see his actually account history
@Trancer006
@Trancer006 3 жыл бұрын
What's the winning percentage?
@joeenglert126
@joeenglert126 3 жыл бұрын
Honey I lost another $3000 today
@bambambino23
@bambambino23 3 жыл бұрын
@@Suchtzocker I can re-run the script on any equity in any timeframe at any date. Give me an email and I will send u the report(s). It’s not profitable. I have thousands of scripts. There is not 1 pattern or 1 indicator that is profitable. Nothing works at all. Nothing. The market is constantly changing. It is never the same. Because of this, running an algorithm or script on a specific set of rules will lose because it doesn’t fluctuate with the changing and evolving markets. I’ve spent 11 years coding dedicated. There were times when I put in so many hours at the computer that I got sciatica. I was obsessed at trying to crack it so that I can be rich. I always felt I was close. But I’ve never made it. Nobody makes it. Only banks because they actually move the market, so they control it, as well as the master market program that I’m sure was programmed to be completely honest and fair. Lol.
@Jeff-xy7fv
@Jeff-xy7fv 5 жыл бұрын
For West coasters - If I can make $500 in the morning before going to work, then I'm not going to work!
@vigneshkandassamy6551
@vigneshkandassamy6551 5 жыл бұрын
@Pommy Pie please share some strategies of urs
@mustakimkamaruzaman9715
@mustakimkamaruzaman9715 5 жыл бұрын
Hahaha..yes bro..but i know if we only asking help from god everyday we will success..
@Booklivre
@Booklivre 5 жыл бұрын
Pommy Pie I wish I was you Please teach us !
@TofuInc
@TofuInc 5 жыл бұрын
Yep. I stopped going to work months ago. Trade the first hour and get on with my day.
@mustakimkamaruzaman9715
@mustakimkamaruzaman9715 5 жыл бұрын
@@TofuInc Hahaha...you have a good idea bro!..Awesome bruh!..👍👍👍😂😂😂
@doglord2070
@doglord2070 4 жыл бұрын
I’m gonna be honest, I’m looking through charts from today and this week, and I’m pretty sure this trading strategy is no longer viable in this market. There’s too much gap up at open and dump, or dump at open and reverse at 9:35. All the charts you showed have a clear direction from market open until mid afternoon or later. Doesn’t work like that anymore unfortunately
@lucas.colombo
@lucas.colombo 4 жыл бұрын
That's because you haven't bought his book. Once you buy his book, the market start doing what you want :P. When someone shows his strategy and doesn't show his L's + advertises a book (if you're making 1000 a day would you be trying to sell a book on youtube?) ... that's a no-no for me.
@iamedblaize
@iamedblaize 3 жыл бұрын
it still works fine, made 1800 monday on 3 scalp trades of moderna, and moderna is trading near all time highs to boot, and still made what i made. it works, and works well.
@Loompius
@Loompius 3 жыл бұрын
Yeah man, seems like every up gapper just dies. Gets way overhyped/overbought. At 4 pm look at the biggest gainers from the open on the day. Theyre usually the down gappers from -15% to -3%.
@doglord2070
@doglord2070 3 жыл бұрын
@@iamedblaize I’ve been doing this successfully as a swing trader and occasional scalper for a few years. I’m just saying his examples show a clear open direction and continuation throughout the day. Of course you can cherry pick occasional instances on certain days where this happens. But it’s very uncommon anymore
@iamedblaize
@iamedblaize 3 жыл бұрын
@@doglord2070 I think it is heavily biased towards scalping for sure. I have been watching it and playing it quite a bit more than i used to lately. I also believe it is heavily dependent on the time frame it is seen in, in other words in the lower time frames it would be suitable for high probability scalp plays and no more, meaning if on a 5 minute chart you're probably not in the trade for more than 5 minutes, if you hold it longer than that it will probably turn against you. some of my attempted longer term (1 week for me is long)swing trades in higher time frames have gone on to be good swing trades hitting the targets, but honestly the vast majority of those turned into an intraday swing trade lasting only a few hours at the most, or a scalp. Now, even when looking at it on the daily chart i use it as an indicator for a high probability scalp, and possibly more if it follows through to target. I generally don't use it for swing trades anymore though it could be used for that in some circumstances. I prefer pivots off major support with a great catalyst when swing trading and often those turn into scalps too in this market. i hope this clarified it, but this has been my experience with the 3 bar play: scalping= awesome; swing trading=good indicator but be ready to jump out quick. And now i see you were most likely referring to the swing trades, and i would have to agree, not the best indicator right now for swing trades because of the insane volatility lately. Thank you for your gracious response, and sorry if i seemed a bit hostile in my 1st response. i didnt mean to sound that way but reading it now i can see i did.
@At0sch
@At0sch 3 жыл бұрын
Your style is awesome, you not only manage to convey this content to me perfectly, but also make me laugh all the time. You're entitled to every fucking penny you own, keep doing good work
@chriskelso7597
@chriskelso7597 4 жыл бұрын
TSLA example: shorts at 281, out at 279. 2 dollar loss in price, makes 400 bucks. Trade only cost over 50k to make those returns. Guidance for trading is usually no more than 10% of portfolio into any trade. Do the math. Portfolio is massive to make these trades. Beginner with a 25k PDT trading account is making 20 bucks a trade, not $400.
@natemagic6923
@natemagic6923 4 жыл бұрын
Hey can you give me some tips on trading
@chriskelso7597
@chriskelso7597 4 жыл бұрын
@@natemagic6923 start small, be patient, don't pay thousands for training. Just research all the free stuff online. Keep emotions out of it as much as possible, never go on tilt. Walk away if you have a bad trade day and come back another day. Get out of positions you're wrong on quickly, and never hold the bag. Day trading is not investing, and vice versa. Don't ever just jump in a stock cuz someone else said to. Plan your entry and exit ahead of time.
@natemagic6923
@natemagic6923 4 жыл бұрын
@@chriskelso7597 thanks I really appreciate you taking the time to comment back to me I shall take you advice and do my research oh an also what apps would you suggest I start with and if you have some time on you hands we could talk one on one
@chriskelso7597
@chriskelso7597 4 жыл бұрын
@@natemagic6923 as far as apps go I don't have an answer on that one man. Depends on your device. I like trading from a PC. You can always use stocktwits if you want to see what's trending regarding apps. Honestly tho, most people on there don't know what they're doing so dont go in blind. I'd start reading books, or doing audible books to be honest. KZbin can be helpful if you watch the right people. Don't watch guys selling you on their system through trader porn. Watch the boring guys that explain the real shit.
@iamedblaize
@iamedblaize 3 жыл бұрын
@J H what almostthere19 said, AND he is not really risking the 40K that's in the position because he sets a stop loss, and that limits his loss, that's why sometimes he says something like "4 to 1 on the money risked", for example, he sets a .50 stop loss, and the price moves $2 and he says "look 4 to 1 on your money". he was referring to the money that would be lost if stopped out as the money risked, not the full amount of the position. That is why the stop loss is so critical to this style of trading.
@user-eb6uz5qz5z
@user-eb6uz5qz5z 4 жыл бұрын
This guy reminds me of Hank from Breaking Bad
@mkaberli
@mkaberli 4 жыл бұрын
I never heard Hank talk about how to trade a 3 bar pattern. I must have missed that episode of BB.
@aggelosvol6184
@aggelosvol6184 4 жыл бұрын
so true
@My-NaMeS_jEfF
@My-NaMeS_jEfF 4 жыл бұрын
Fk hate frank
@khanhhoi9246
@khanhhoi9246 4 жыл бұрын
Jesus Christ Marie! They're Minerals!
@sergeantkawaii8070
@sergeantkawaii8070 4 жыл бұрын
LOOL
@johncpope
@johncpope 5 жыл бұрын
1) Wide-range igniting bar, 2) Narrow-range resting bar and 3) Continuation bar. A four-bar play will have two resting bars. Resting bars should be in the upper 50% of the wide-range igniting bar.
@Live.Traders
@Live.Traders 5 жыл бұрын
Yup...so why do so many people misunderstand the play? Cheers!
@wrentypecyborg6965
@wrentypecyborg6965 3 жыл бұрын
after resistance or support is broken
@thingshappen9199
@thingshappen9199 3 жыл бұрын
@@Live.Traders Hi there. No offense but the play at 25:03 made no sense to me since you brought in "a sell set-up" which you didn't explain what it was. Also, the 4th bar is too small isn't it? I don't know so i ask. Thanks man!
@cedarriverwoodworking
@cedarriverwoodworking 3 жыл бұрын
Do you have a video showing what I would be looking for in the pre market charts? how to scan those 200 or so charts and why i am picking them?
@RawNoLimits
@RawNoLimits 5 жыл бұрын
So many great things about this video: the in depth breakdowns, the raw talking style, the success in the approach without it being "fake motivation," and the overall authentic inspiration it provided me to keep going on this day trading sh*t.
@Live.Traders
@Live.Traders 5 жыл бұрын
thanks
@50kT
@50kT 5 жыл бұрын
For me its before 7 am, before anyone has even opened an eye - I have already lost more than they make in a day 🤦‍♂️
@Live.Traders
@Live.Traders 5 жыл бұрын
Sad.
@jaydeetech9731
@jaydeetech9731 5 жыл бұрын
50kT lol
@ricktremblay2411
@ricktremblay2411 5 жыл бұрын
I get up for work at 4:50am...
@Ztcctz
@Ztcctz 5 жыл бұрын
That took a turn
@dzignbloc5011
@dzignbloc5011 5 жыл бұрын
@@Live.Traders I think it's pronounced "SAD!"
@linearfish7151
@linearfish7151 4 жыл бұрын
Huge Key: The igniting bar must be over resistance if going long. Meaning you must already be trending and above resistance. This will work, and if you study breakouts or candlestick patterns you will be even better at this technique. If you try and sit around till you see this pattern, there will be days when you make no trade. I highly advise you learn far more then this one way to identify a momentum pop.
@Samperor
@Samperor 4 жыл бұрын
He mentioned that around 27:50. The bar must be over the resistance for the blastoff. I think he was so focusing on getting to the point which I do respect, but certain details should be added earlier.
@MosestheMuslim
@MosestheMuslim 4 жыл бұрын
You said if you sit around for this pattern, there will be days when you make no trade. But Jared said in other videos if not this video - these happen every day. Also if you only trade within the first 30 to 1 hour of the day, there aren't many other patterns to find.
@linearfish7151
@linearfish7151 4 жыл бұрын
@@MosestheMuslim yes they happen everyday, are you successful in finding them when the volume hits on the open, I have not found a scanner yet to find me these setups, and get there fast enough. Like I said great to know, but it's about 1% of the game. I've had the best luck trading the opening gap fade play. Retracement is far more probable and consistently successful.
@shreyanskhard
@shreyanskhard 4 жыл бұрын
@@linearfish7151 Curious to know if GAP trading is working out for you in a consistent way ? What kind of returns can I expect ?
@coryw8849
@coryw8849 4 жыл бұрын
@@linearfish7151 I hear ya man. However I do have a great TOS scan that will find these volume surges for the ignitor bar. Message me and I'll share it with ya. Maybe we can knowledge share
@mariagandara8242
@mariagandara8242 3 жыл бұрын
As a complete beginner on a trading I did found your explanation to complicate. Been watch a few videos. And yours is the more difficult one. Glad I did not spent my time on it.
@fransbot1
@fransbot1 5 жыл бұрын
True. But as you probably know, it takes 3-4 years of complication and trial and error to get to how simple it actually is. The way I trade now is the very first strategy I learned 6 years ago (Price & Volume) that's why making videos like this will never stop(and shouldn't) because funny enough we "all" follow the same path to success. Nice video by the way. peace&love
@Logosfollower
@Logosfollower 5 жыл бұрын
Thank you for this comment it let’s me know I still have a long way and keeps me from taking big risks at the moment
@a1cxd166
@a1cxd166 5 жыл бұрын
Wrong I just started and I made 30k in my first week. Lies.
@fransbot1
@fransbot1 5 жыл бұрын
@@a1cxd166 Congratulations I wish you many years of success
@Live.Traders
@Live.Traders 5 жыл бұрын
For sure !!
@Heart1517
@Heart1517 5 жыл бұрын
True,that's why I get back to basic now.simplicity is the key
@0xArjay
@0xArjay 4 жыл бұрын
This just IGNITED my passion for financial freedom. I currently own 4 properties and still work a full time job but dream to quit corporate and live my life. I watched this whole video and you just spoke directly to me lol
@tobymulder4105
@tobymulder4105 4 жыл бұрын
I'm loving how you call financial freedom your passion :') I guess I'm a really passionate person then LOL :P
@audreyandriana1968
@audreyandriana1968 3 жыл бұрын
95% of Forex traders fail why? Because they give up quick, it takes time and lot's of experience to become a profitable trader, i will advice any new bie or those having difficulty to always seek guidance from pro trader's and more to avoid loss of funds.
@audreyandriana1968
@audreyandriana1968 3 жыл бұрын
@AnonymousBuster Sunshine Due to my experience in the market and in all my years of trading the most valuable insight I made was getting in touch with a pro trader Mr Rex Coleman. Ever since I started investing with him, I have been making cool profits like never before.
@wilsonfred7863
@wilsonfred7863 3 жыл бұрын
Hi, heard about Mr Rex Coleman in other platforms and asked how to reach him but got no reply from anyone, how can I reach him,I want to invest please?
@repliedbajapanesewithhanak6676
@repliedbajapanesewithhanak6676 3 жыл бұрын
How amazing Mr Rex Coleman is really dominating the trading zone and making things easy for his investors .This was exactly how I got recommendation about Mr Rex some time ago, at first I was a bit skeptical but eventually I gave him a trial with my little investment I got a handsome profit in return
@audreyandriana1968
@audreyandriana1968 3 жыл бұрын
@@wilsonfred7863 you can reach him directly on chat, but let him know your'e in for business
@audreyandriana1968
@audreyandriana1968 3 жыл бұрын
@@wilsonfred7863 + 1 7 1 6 2 8 1 5 3 0 8
@mikeh.99
@mikeh.99 4 жыл бұрын
You are the man! This happened with WKHS 0n 12-3-2020. @ 12:20pm on the 2nd resistance line @ $22.12. Buy $22.45. Stop $22.25. Stumbled upon you the other day & glad I did.
@mr.fetching2267
@mr.fetching2267 4 жыл бұрын
This guy looks like my very first world of Warcraft character.
@Topself24
@Topself24 4 жыл бұрын
Stop!! Lolol
@ZT_Performance
@ZT_Performance 4 жыл бұрын
Alliance is gay.
@nllnewsleaklive748
@nllnewsleaklive748 4 жыл бұрын
Funny got a world of Warcraft ad before this video 😅 Strange
@shannonfarris545
@shannonfarris545 4 жыл бұрын
lmaoooo
@matthewgomez6024
@matthewgomez6024 4 жыл бұрын
2:56 no hocus pocus
@LuisDelgado2016
@LuisDelgado2016 5 жыл бұрын
I just got in from work and I been thinking what you show on the video 3 & 4 bar play...boy it works everytime….I learned in this short period from you than the other training I took. I tried this on the Demo and in no time I was able to scalp $65 it took about 15 minutes or so.....I always wonder why I never got a green on bid….when I do your within seconds it stay green showing profit...wow...at one point it went up to $180 and it dropped....its amazing hope you know what I mean when I say stayed red after I put the bid in....with yours I get green....Amazing!!! you got me as a student; soon.....let me go easy like you said...im excited...I glad I found you and I know im going to do well in time....I know I need more training.....This video is very valuable thank for sharing
@LuisDelgado2016
@LuisDelgado2016 5 жыл бұрын
The best thing is go to Livetraders page they can teach you better than I ….I just started a year ago.....
@OkOk-kk5ys
@OkOk-kk5ys 4 жыл бұрын
It would be nice to actually see the trades being made live, along with the setup and trade pics before hand.
@stickboyfpv4742
@stickboyfpv4742 3 жыл бұрын
Right. I will NEVERRR... EVER.... believe ANY of this bullshit without a live video of them making money...... which you never EVER see....... why cant people just film them trading.... and when they have a perfect example of it working in real time.............. HOW FUCKING HARD WOULD THAT BE.....?!
@iamedblaize
@iamedblaize 3 жыл бұрын
@@stickboyfpv4742 it works, been using it before i knew what it was called, just an observation, but to me most of time i see this pattern it goes up. was using it before i knew the details of how i should use it, props to you Live traders, thanks.
@stickboyfpv4742
@stickboyfpv4742 3 жыл бұрын
@@iamedblaize nice buddy Im glad you happy with it! I would like to get into trading but I cant tell where to start or what to believe with the fake stuff that floats around anymore..!
@exelmans8855
@exelmans8855 3 жыл бұрын
Stickboy Fpv never trust them big youtubers. I’m at your level, and learning more from those small time 50 60 subscribers and best video at 500 views. Facts.
@jayhenry3146
@jayhenry3146 3 жыл бұрын
@@stickboyfpv4742 Go to ClayTrader channel. It’s exactly what you’re asking for.
@michelakras8023
@michelakras8023 2 жыл бұрын
While watching your lecture, I managed to find this setup in Oil, 1hr Time Frame, and made some money in 10mns!!! Thanks for your great lectures.
@TheArabPilot
@TheArabPilot 5 жыл бұрын
"You guys are overcomplicating trading" *has 27 graphs on the screens*
@lethal_jake2187
@lethal_jake2187 5 жыл бұрын
How is that complicated they are just graphs. Your quotes are more complicated.
@MisterTrollypolly
@MisterTrollypolly 4 жыл бұрын
​@@lethal_jake2187 How are his quotes complicated when they are just words which you also understood enough to reply to?
@WayneJohn-fq6cn
@WayneJohn-fq6cn 4 жыл бұрын
@@MisterTrollypolly your reply to the comment about the quote of the video is too complicated
@juanpablodelaparratonella2175
@juanpablodelaparratonella2175 4 жыл бұрын
@@WayneJohn-fq6cn Your reply makes no sense
@elayshobeycurrey9496
@elayshobeycurrey9496 4 жыл бұрын
TheArabPilot spaghetti on his charts😂
@pattyaap7345
@pattyaap7345 5 жыл бұрын
Thank you for sharing your expertise. I took a buy trade on the NQ futures while watching this video on a two-resting bar pattern and made money, hahaha! Highlight of my day!
@Live.Traders
@Live.Traders 5 жыл бұрын
Congrats!
@TheEpoXyy
@TheEpoXyy 5 жыл бұрын
Thats the best feeling
@pattyaap7345
@pattyaap7345 5 жыл бұрын
@@TheEpoXyy It is. For the longest time I felt I was so close to trade successfully but I was missing something until I found this channel. I love this pattern because of the small stop and greater reward. The chances of hitting the target are greater. Others just say "put your stop in the previous pivot", that's a LOT of money on the line when the trade goes against us.
@tierraclements6995
@tierraclements6995 4 жыл бұрын
he must really think we have good vision to see those lil tiny candlestick charts??
@traderjay2261
@traderjay2261 4 жыл бұрын
you shouldnt be trading shit if you cant read your candle chart
@tierraclements6995
@tierraclements6995 4 жыл бұрын
Alucard 22 first of all those pictures small as shit , so get the fuck off my case .
@traderjay2261
@traderjay2261 4 жыл бұрын
Tierra Clements exra emphasis on learning candle sticks but if you literally meant sits too small then my bad
@bassemghorab
@bassemghorab 4 жыл бұрын
@@tierraclements6995 lmao
@trudytucker7737
@trudytucker7737 4 жыл бұрын
Fr I was watching this on my phone and he's pointing at stuff like lmao am I supposed to see this ????
@ronaldswangler2538
@ronaldswangler2538 4 жыл бұрын
So true, the more technical I got the worst my trading got.
@axiomloves21
@axiomloves21 5 жыл бұрын
Jared you are a friggin genius!! You are the best. I love your keep it simple strategy!
@Live.Traders
@Live.Traders 5 жыл бұрын
Thanks
@GhostTrain311
@GhostTrain311 4 жыл бұрын
Ok but they key is how do you know which ones are gonna be the winners of the day. How do you choose those 5 to watch?
@gappuma7883
@gappuma7883 4 жыл бұрын
Tim Walsh you don’t know and don’t need to know to make money, it’s a numbers game, like he says if you win on 50% of your trades and make 2 on the winners and only lose 1 you’ll make money
@16beat41
@16beat41 4 жыл бұрын
@@gappuma7883 how do u know which stocks will gap on the next trading day? What are the signs to look out for?
@gappuma7883
@gappuma7883 4 жыл бұрын
zmrai 8 as Jared explains you search premarket charts for a stock with the wide range bar that breaks out of some kind of support or resistens depending if you play it to the upside or downside. Then you wait to see If the other bars form the way you want in the upper 50% of the first bar. We want to see big volume for the first bar, but it isn’t a must. If it looks good you take the trade and place a stoploss just under the low/ high of second bar.
@tamborambo2957
@tamborambo2957 5 жыл бұрын
I’m brand new at trading and have been getting myself lost down the rabbit hole to the point where my head feels like it’s going to explode!🤪 Your method actually puts things in understandable terms for me and I am so thankful for that. Thank you again, and I’ll be following you from now on!😁
@Live.Traders
@Live.Traders 5 жыл бұрын
Thanks...I try to keep is simple...BUT, trading is still very challenging! Cheers! $1, 30 day trial to the chat room...email info@livetraders.com
@Snacc741
@Snacc741 3 жыл бұрын
And how r u doing now?
@JuliusJocys-g7h
@JuliusJocys-g7h Жыл бұрын
i can see stop losses on this video , but what about take profit setup if you are not using any trading tools ? should i use my sixth sens and close position when i feel its good to close a position ?😊
@MultipleBob
@MultipleBob 3 жыл бұрын
can you show us a live trade rather than just screenshots of successful trades
@irontrunk2267
@irontrunk2267 3 жыл бұрын
Yeah no loses.
@rickyhineman4124
@rickyhineman4124 3 жыл бұрын
If it was live, you'd see 9 times where this doesn't work and 1 time when it does (since it's a method that has about 1/9 chances of going the way you want) ... when he shows you examples of "successful" trades, you see 3/3 or 3/4 success rate; and you think this method works 90% of the time. When, in reality, it's the opposite. If you follow what this man is saying, you will become a very sad trader with very little money to trade with
@GODDAMIZJoseph
@GODDAMIZJoseph 3 жыл бұрын
@@rickyhineman4124 I've been using this method, you're right. You have to wait a little while for this pattern to show up in the market. I wouldn't say it's a 1/9 chance. More like 1/5 chance. Quite common. But what happens after when the pattern does present is 100% according to what the video has shown. It's definitely not method that you can make money fast. But it is almost guaranteed that you make money off this pattern.
@joshb3256
@joshb3256 5 жыл бұрын
I gotta work harder man. I'm not scared. But I love being influenced in the good way. You are awesome!
@Live.Traders
@Live.Traders 5 жыл бұрын
Keep pushing!! Cheers!
@mikesuniverse1789
@mikesuniverse1789 4 жыл бұрын
I don't understand how you make money on stocks that go down. can you explain how briefly?
@DrPhibesxx7
@DrPhibesxx7 4 жыл бұрын
Thank you. Someone needs to explain this stuff to me like I'm a 7 year old...
@bioticgod
@bioticgod 4 жыл бұрын
You can "sell" without having bought, like a "loan", and at some point you have to buy to pay this loan. So if you sell when it is high, then it goes down, you buy to complete the transaction. It's like reversed, you will gain money as if you had bought at low then had gone back in time and sold at high
@mikesuniverse1789
@mikesuniverse1789 4 жыл бұрын
@@bioticgod are you talking about a call option?
@aaronschmitz711
@aaronschmitz711 4 жыл бұрын
Diallo Khari he is describing a “short”
@esluts7048
@esluts7048 4 жыл бұрын
Tulio Caldas bro. this just opened my brain. thanks for the clarification.
@Muzeishen
@Muzeishen 2 жыл бұрын
I couldn't for the life of me remember what this strategy was called but I found this video again and it's a gem!
@jamesmorphy8138
@jamesmorphy8138 3 жыл бұрын
Forex can only be profitable when you have the adequate knowledge of the forex market . It’s not a gamble so if you trade with that mindset you’ll only end up losing money. Also having a working strategy would increase the potential to earn form the forex market
@davidstalwart876
@davidstalwart876 3 жыл бұрын
The best advice I’d give any newbie trader is don’t trade live until you have a working strategy. The forex market is complex and requires adequate education on the market make profitable trades. I failed to realize this until I made a loss of $2000.
@jaydenturner8852
@jaydenturner8852 3 жыл бұрын
@@davidstalwart876 I wish realized how speculative trading forex before trading and blowing up my account twice. How do you suggest I can get the required knowledge to trade make profitable trades and recover my losses.
@jamesmorphy8138
@jamesmorphy8138 3 жыл бұрын
I reckon you trade through an expert broker to extensively educated out in the forex market on how to implement strategies to make steady profits trading forex. As an amateur I got adequate knowledge and guidance trading through one and the profits have almost entirely help me set up grocery store.
@davidstalwart876
@davidstalwart876 3 жыл бұрын
A lot of traders fail to highly speculative the forex market and its the duty of a expert trader to advise them. Thanks to help I received from my expert I was able to recover my losses I suggest you trade under the guidance of an expert trader
@jaydenturner8852
@jaydenturner8852 3 жыл бұрын
Where would do suggest I find an expert trader?
@qzwxecrv0192837465
@qzwxecrv0192837465 3 жыл бұрын
I was confused for a a bit on his making money on a sell of the realized he was shorting. Not everyone is solvent enough to qualify for short sells in case of run ups like GameStop recently
@fnmikeygg
@fnmikeygg 3 жыл бұрын
That makes sense :D
@iamedblaize
@iamedblaize 3 жыл бұрын
edit, im an idiot sometimes. He is selling short by shorting the stocks, but if you have a small account then you can short by buying a put and selling it when you like the profit. I tried to change this response after i realized i was thinking of a different ball headed trader when i saw his vid and didnt really pay attention, but couldn't find it again until someone commented on my comment. anyway, now i watch everything Jared has, he revolutionized my trading mindset for sure; i used to use a mental stop loss, and now i use a real one AND set a target sell price.Thanks to him i have cut out most of the bad trades when i wouldn't follow my system and was making emotional trades; I am much more disciplined than before finding Jared, especially in regards to stop losses and sticking to the plan.He has convinced me, just by watching a bunch of his videos, that i am going to start trading the stocks themselves as my account grows rather than options; until of course my account grows to the point i can stop trading and start selling options to generate very low risk income.
@Zzzron135
@Zzzron135 4 жыл бұрын
I'm having a hard time understanding this. How are you making money when the stock price is falling?
@slicelifetv
@slicelifetv 4 жыл бұрын
Very curious about that myself.
@danieljones666
@danieljones666 4 жыл бұрын
@@slicelifetv It's called shorting the stock.
@slicelifetv
@slicelifetv 4 жыл бұрын
Just looked in to it. It’s called short selling. You borrow stock and sell it at market price. You then hope it’s goes down in the dumps so you can then rebuy the shares and return them to the broker and you profit the difference.
@Sundrobrocc
@Sundrobrocc 4 жыл бұрын
put options
@simpy17325
@simpy17325 4 жыл бұрын
You can short the stock or buy a put.
@notacommunist2595
@notacommunist2595 3 жыл бұрын
This 3 bar video has been the most helpful video I've watched. Very thankful for this free info and gains from following these easy straight forward strategy. I've told all on my friends to come to this channel so I'm doing my part to spread the good word. Thanks a million (or a few hundred k)
@kevinkur
@kevinkur 5 жыл бұрын
analyzed my past trades, WOULD HAVE SAVED SO MUCH TIME AND MONEY!! THANK U
@Live.Traders
@Live.Traders 5 жыл бұрын
good to hear!
@pridefitness3171
@pridefitness3171 5 жыл бұрын
How do you find these 3 bar plays before market? Do you have something to help you scan the market?
@Live.Traders
@Live.Traders 5 жыл бұрын
I'm doing a scanning video soon...they are easy to find. EA today on the 15' chart.
@rnglilo0256
@rnglilo0256 5 жыл бұрын
Finally someone helping me to make profit and knowing what he is talking about
@southernbella6535
@southernbella6535 3 жыл бұрын
i want to believe every word you said, but im poor as dirt with limited funds. Make me believe you...live stream your trade day and show my how to make myself better. set the time, ill be up and watching, then its on me if i fail. Teach in the field...we all need to see it in action.
@jeanneneteru3820
@jeanneneteru3820 4 жыл бұрын
Well, in my world, the term is "getting my toes stepped on" since I am totally guilty of some of the bad trading habits you call out in this vid. You presented clearly, concisely, and quickly (No Fluff, Fluff, Fluff! lol) This was Awesome for me. I have been sitting around afraid to push the button to execute since I love spaghetti screen and cant see the daggone trade itself. Plain and simple; entry at breakthrough (upside or down), stops at previous resistance/support +/- a few cents, result: consistent profits....thank you sir - I'm off to find a vid from you regarding how to properly place a stop order and you just got a new sub!
@dreamrunner4680
@dreamrunner4680 3 жыл бұрын
Mark Douglas videos and books solved my fear of markets, I'd suggest you check them out
@nefertitei12
@nefertitei12 Жыл бұрын
@dreamrunner4680 thank you for the insight-i will check them out🙏🏾
@danfrancisjr
@danfrancisjr 5 жыл бұрын
3:38 let's get to it
@goingold1855
@goingold1855 4 жыл бұрын
Legend
@Phrizby
@Phrizby 4 жыл бұрын
any advice for when to close your position after entering into what looks like a 3-bar situation?
@spektrumtv4423
@spektrumtv4423 4 жыл бұрын
I think the general idea is not to get too greedy and get out at reasonable pre set expected profit level.
@siyabongantshangase7173
@siyabongantshangase7173 4 жыл бұрын
At the next support
@stoneyislandranch9783
@stoneyislandranch9783 4 жыл бұрын
After you finish your spaghetti..
@agipaintingservices7701
@agipaintingservices7701 4 жыл бұрын
Its very easy to show the 3 bar play when they already happened Speacially on the one mintue chart by the time u are figuring out if its seting up and where to put the stop loss and limmit buy order this thing rips or dips How to make it possible??🤔
@ruevr6753
@ruevr6753 4 жыл бұрын
Do it on the 5 minute chart, not 1 minute. Also, setup hotkeys if you ever want to trade on a 1 minutes chart
@16beat41
@16beat41 4 жыл бұрын
My question is.. how do u find/screen stocks that would have potential gaps?
@marianarivera1697
@marianarivera1697 4 жыл бұрын
Finviz (free) you see top gainers and Top losers for the day.
@marianarivera1697
@marianarivera1697 4 жыл бұрын
norshago what i do is that i check for top gainers 5 min after market opens, then i buy the stock that has good volume and is up trending, always check for indicators etc. Thats for free. The other thing i do is that i have a subscription for alerts. You can check the Facebook group, he has very good reviews on there. Is called “ penny stocks w/ webull & robinhood for beginners” has over 63k members. And i do the same strategy check for the alerts he sends premarket then choose the stock after market opens based on volume etc. I hope this helps.
@raouldelange4492
@raouldelange4492 4 жыл бұрын
This was incredibly helpful I have been practicing with virtual money and it has worked every time so far I am going to try with real money soon but only small quantities at first until I am confident and I can make it my full time job
@charlestinotenda8358
@charlestinotenda8358 4 жыл бұрын
I'm encouraged. I am going to try the same thing during June then invest real money in July
@mohammadmustafa2594
@mohammadmustafa2594 4 жыл бұрын
CHARLES TINOTENDA can you tell me what is this type of trading? Option or day trading? I make money day trading when stocks go up but he’s talking about making money while it’s going down. Really interested
@d.j.roberts187
@d.j.roberts187 4 жыл бұрын
How are you narrowing down the field to find stocks to watch? I use screeners, but not sure how to set the screener to point me at stocks with this potential
@joniseo
@joniseo 3 жыл бұрын
Raoul, where were you practicing with virtual money?
@devo5942
@devo5942 4 жыл бұрын
missing the part where you talk about your exit strategy? What's the trigger point to get out?? Anyone? Thanks
@Influenced.by.friends
@Influenced.by.friends 4 жыл бұрын
Multiply your risk by 2 or 3 and that's your exit point. Example: you're entry is at 25.50, risk from 25.00, your exit is 26.50 or 27.00.
@Influenced.by.friends
@Influenced.by.friends 4 жыл бұрын
@First Last your stop is determined after you make a technical analysis of the setup you are trading. A common place to put your stop is below a support level or below of the previous candle stick day depending on your analysis.
@robbmadej5571
@robbmadej5571 2 жыл бұрын
Have say your edu video was and is a top notch- great info, great delivery and easy to follow along with no fluff! I am subscribed and following. Thanks and taking this to my trading perspective
@GlennReschke
@GlennReschke 5 жыл бұрын
I don't often watch 30 minute plus videos but this was really mesmerizing and powerful. Thanks for recording it.
@Live.Traders
@Live.Traders 5 жыл бұрын
kzbin.info/www/bejne/rnbNhpduZ7OJjMk
@latestartinvestor2102
@latestartinvestor2102 4 жыл бұрын
So the video is loaded on April 24th 2019 but the slide at the 23 minute mark shows a date of Feb 14 2019. Why wait so long to post the video or why show slides from 2 months ago?
@wisdom-for-life
@wisdom-for-life 3 жыл бұрын
wow... this comment section is so spammy
@Ameeranasser83
@Ameeranasser83 4 жыл бұрын
I just wanted to say that I have ADHD and I have watched a ton of videos on investing and trading and THIS channel DEFINITELY works for me! You not only discuss trading in detail but you also show it. I am a visual learner so this helps a lot.
@jakeypants_YT
@jakeypants_YT 3 жыл бұрын
I am a newcomer. Also have adhd. I am unmedicated so money making has always been tough.
@Ameeranasser83
@Ameeranasser83 3 жыл бұрын
@@jakeypants_YT ok, the generic of Strattera works for me. I’ve been on it religiously for almost 2 years and it’s been a blessing for me. I recommend doing some research on adhd medication
@thedeadnotsleeping
@thedeadnotsleeping 4 жыл бұрын
This is the type of learning I appreciate. You speak like my old football coach and it resonates.
@SchamaliDhali
@SchamaliDhali 5 жыл бұрын
I've been doubling my account value about every 3 months. Everything this guy is saying is good stuff.
@Oregonluver
@Oregonluver 5 жыл бұрын
Newbie here , how is he gaining money if the stock is going down ? Or is this forex ?
@TRADINGARMOUR
@TRADINGARMOUR 5 жыл бұрын
kzbin.info/www/bejne/mYeXqJiwrr-JaNE
@carolhama4156
@carolhama4156 5 жыл бұрын
@@Oregonluver when prices drops he sells...this looks like a futures market where traders make money buying or selling. Time frame (he mentioned...or perhaps I saw?) time frame of only 4 minutes....tells me it is not regular stock trading.
@EtherealEchoSphere
@EtherealEchoSphere 5 жыл бұрын
What hes doing is selling options lol
@yenihanisa2667
@yenihanisa2667 5 жыл бұрын
confirmation that the market is not still in an indecision period, and sellers are obviously in control of the market. IQD Momentum strategy showed clearly that the market is in a downtrend last week, forecast of Lukasz Wilhelm, we sell when price retrace to the moving average. support and resistance levels, These areas represent a psychological level where the game is played between buyers and sellers.
@Zone_Intellects
@Zone_Intellects 5 жыл бұрын
Hi Jared. Thank you for the video and it's a great insight to follow. I have a question on the entry part. Do you wait for the 3/4 bar play to show itself and then jump on pullback to the resting candle(s)? Thanks.
@Live.Traders
@Live.Traders 5 жыл бұрын
You get in as soon as bar #3 breaks the high of bar #1...kzbin.info/www/bejne/rnbNhpduZ7OJjMk
@mihai21neo
@mihai21neo 3 жыл бұрын
I tried your strategy , it works. Pacience is the key
@pnnedbyfinancebro2786
@pnnedbyfinancebro2786 3 жыл бұрын
Thank you +1.3.0.2.5.9.5.5.8.7.1 well that's number, where are you having issues let's talk so I can assist you with some trade tips and personal tutorial
@unounv
@unounv 5 жыл бұрын
Love the channel thank you I’m learning a lot a hope to change my life, quit the day job and get out of debt.
@Live.Traders
@Live.Traders 5 жыл бұрын
Awesome glad to hear it!
@-XArchLinuxEnjoyerX-
@-XArchLinuxEnjoyerX- 5 жыл бұрын
Hey! I really enjoyed the video and I can't wait to try it out in paper trading, but I do have a few questions first: 1. How/what is your thought process to exit the trade? When do you know that it's time to cash in so to speak? 2. You mentioned at 2 or 3 points in the video that only volume and price are required. Well price is the candle, and you explain the pattern in terms of price quite clearly, but you didn't use (or didn't show how) volume in this video. Could you please explain that to me? 3. What filters do you use to scan for stocks that may have a 3 bar play opportunity? I personally am paper trading with thinkorswim because it seems to be the easiest to get started. Thanks again man!
@Live.Traders
@Live.Traders 5 жыл бұрын
kzbin.info/www/bejne/rnbNhpduZ7OJjMk
@auspiciousdissent2133
@auspiciousdissent2133 3 жыл бұрын
Hello. I'm actually looking for a good trader that can help me trade and make good profit, I've been seeing so many recommendations but i don't think they're trusted. Please do you have any recommendation?
@sergiobonilla1558
@sergiobonilla1558 3 жыл бұрын
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and stock trading is one of the profitable money exchange services that elevates investors and their financial status.
@randygonzalez372
@randygonzalez372 3 жыл бұрын
That's true most people today have been having a lot of failures in forex and stock sector because of poor orientation and bad experts
@ethanmegan3533
@ethanmegan3533 3 жыл бұрын
I have been seeing so many recommendations about Mrs Tracey Walker on Instagram and telegram trending, her strategy must be good for people to talk about her
@walterevelyn4543
@walterevelyn4543 3 жыл бұрын
I did invest with her and I made huge profits
@jamesnicholson8694
@jamesnicholson8694 3 жыл бұрын
I saw the recommendation but I didn't bother chatting her up I keep loosing teally i still don't understand how the forex market works tho
@Josh-uq5sf
@Josh-uq5sf 3 жыл бұрын
Im from the uk. Love this guys content. They way he breaks it down and comes across really genuine
@nesi_wilson1331
@nesi_wilson1331 5 жыл бұрын
At 1:33 alot of ppl don't understand those bars ... The two are when you going LONG .. before you press the button to go long OR if you going to press the green button because you think it going UP .. hold on 1st .. that green bar that is rising up ... look to the left of the chart and find another green bar that is closest to the same height as it .. when you do that is what you will use to know when to enter the trade .. and the green bar to the left in his video ..vs the green bar to the right .. it means it broke out .. that's what you wait for .. when you see that happen that's when to buy or to click the green button
@neightdiggidie
@neightdiggidie 5 жыл бұрын
This may sound like a stoopid qtion butt does gemantra or numerology and or pattern recognition play a part in this game at all?
@Live.Traders
@Live.Traders 5 жыл бұрын
They don't, That';s all hocus pocus stuff sold by marketing people pretending to be traders.
@Live.Traders
@Live.Traders 5 жыл бұрын
For sure
@marshal7969
@marshal7969 5 жыл бұрын
I really don't get the 9:50 part, you're entering at 15 then the stocks go down, how can u make money out of that?
@unturbe
@unturbe 5 жыл бұрын
Marshal It’s called shorting. Or you can buy put options.
@Live.Traders
@Live.Traders 5 жыл бұрын
Shorting. Making money when a stock goes lower. Google the term 'shorting stocks.'
@Illest1987
@Illest1987 5 жыл бұрын
@@unturbe it is just to complex bro... hihihi... just kidding,
@ciscomartin6289
@ciscomartin6289 4 жыл бұрын
It's like selling stocks on consignment. You're borrowing the stocks to sell at a higher price then buying them at a lower price to keep the difference.
@adnan8445
@adnan8445 5 жыл бұрын
so wait i didnt understand completely: when do you buy and when do you sell? its a bit confusing because "stop" is in red and the price is higher AND come before entry so i didnt exactly understand when to buy/sell
@briansgenius
@briansgenius 5 жыл бұрын
He was shorting in most of his examples. Basically, you look for a break in resistance and call (long) during that refractory period before it likely shoots up again. Inversely, you can look for a break in support and put (short) at that same period where there's not much movement before it likely plummets. In either case you make money.
@nosskopajtas
@nosskopajtas 4 жыл бұрын
But is this options trading then, where you do not necessarily have to own the stocks you're betting on? i can't get my head around how he makes money on stocks that go down after entry. .. sorry for my ignorance :)
@nosskopajtas
@nosskopajtas 4 жыл бұрын
i might need to get clear on the concepts of break in support and resistance. .. maybe then it will be clear. .. Obviously I'm very new to this
@briansgenius
@briansgenius 4 жыл бұрын
It's cool. What happens under the hood on a short is shares are borrowed and immediately sold basically locking in that price which you hope is high. When it falls, you essentially buy back the shares at the lower price keeping the difference. Borrow and sell shares (short) at $100, price drops to $75 buy back shares and give them back keeping the change a 25% increase for you.
@briansgenius
@briansgenius 4 жыл бұрын
Just thought of a good example. Ask a friend to borrow his shoes promising to return them in a few days. You immediately sell those shoes for $100 to someone. A couple days later the shoes value drops to 75$ where you buy them back from the guy and give them back to your friend you borrowed them from pocketing the $25.
@nussruddingaming1515
@nussruddingaming1515 3 жыл бұрын
Is this setup is for first half hour of opening of market, using 5 minutes candle chart ?
@jimpsonuyaguari9665
@jimpsonuyaguari9665 4 жыл бұрын
When you say it's easy, and I don't understand anything .
@bingbong3643
@bingbong3643 3 жыл бұрын
Candlestick patterns are bullshit. People made billions before it even existed. These guys all have different ways of looking at the candlesticks and it’s just a gamble if the stock will perform as it historically did. Sometimes you get lucky and it pays off, but most the time these guys lose. The market doesn’t move like this in real time.
@bmax5928
@bmax5928 3 жыл бұрын
@@bingbong3643 thats why you have stop loss, and do you think everytime u trade, you will get money?
@bingbong3643
@bingbong3643 3 жыл бұрын
@@bmax5928 Stop loss is key, agreed. Fuck no, but my point stands candlesticks are nothing more than a guide, but they aren’t certainty.
@jimpsonuyaguari9665
@jimpsonuyaguari9665 3 жыл бұрын
@@bingbong3643 yea a company should have many factors that determines whether is loosing or growing.
@MyExpertAccountant
@MyExpertAccountant 3 жыл бұрын
Umm your entry is $265 and the stock went down to $263, how did that make you money? 🤔 sorry i don't get it.
@junaidf
@junaidf 4 жыл бұрын
What minute of bar should I be looking at to determine these trends? 1m, 2m or 5m? Because the 3 or 4 bar outcome will look different in each timeframe
@diegoberta123
@diegoberta123 4 жыл бұрын
same doubt... he talks about bars but not the scale of these bars
@Keudos4421
@Keudos4421 4 жыл бұрын
He said between 1 and 30 minutes
@blackpillbishop5016
@blackpillbishop5016 4 жыл бұрын
How exactly does the entry work? Jared mentions going long/short when the third bar breaks the high/low of the 2nd bar But isn't it better to wait for the third bar to close completely? What if the bar breaks the high, and then retraces back forming a wick?
@mrbva86
@mrbva86 4 жыл бұрын
was thinking that as well. i think that's why you gotta put a stop. speculation and psychology i suppose
@tradinginasia8012
@tradinginasia8012 4 жыл бұрын
The third bar is the trigger bar, you enter immediately if the trigger price trades, no waiting for the bar to close. Bar 3 is the ‘breakout’. While the first two bars are the setup, you wait for them to close to complete the pattern
@blackpillbishop5016
@blackpillbishop5016 4 жыл бұрын
@@tradinginasia8012 Isn't this the same as an opening range breakout setup?
@zaferustuner
@zaferustuner 4 жыл бұрын
Beginner here. Trying to understand it. Let me try to go over it real time with 5 min intervals. So you are looking at the screen, the ignition bar pops up. Matches the description, you identify the breakout, then you wait for 5 minutes, the second resting bar pops up. As soon as you see the resting bar matching your description, you automatically assume the third bar will be matching this pattern in this video, 5 minutes later ? Then you send sell/buy order, with setting second bar's high/low as your stop. while there is no third bar on your screen yet. Is this correct ?
@rameshhansaravendra
@rameshhansaravendra 5 жыл бұрын
. Thank you so much for making this video. Please make more videos about candlestick patterns.
@Live.Traders
@Live.Traders 5 жыл бұрын
You're welcome
@randomacts8809
@randomacts8809 4 жыл бұрын
I wish I understood what he is teaching as I’d love to get in to the basic or is it more easier to copy trade him and learn through watching him as I earn ??
@termsofservice3650
@termsofservice3650 4 жыл бұрын
Copy trading sounds smart but is really not the best option as decisions made by other traders might not make much sense to you as an individual trader. My suggestion if you want to get in this business is paper trade, and learn from a trusted mentor. Like he explains in the video, trading is simple but it is very hard. Once you study and know what the market is all about, you’ll understand why we say this.
@sneezweasel
@sneezweasel 4 жыл бұрын
Only the most informed will outperform a diverse portfolio of index funds. See if you can do it with the dividends.
@colesorrell3568
@colesorrell3568 4 жыл бұрын
Im stupid can someone explain how hes making a gain off entering right before the price drops lower
@FOGAZILLA
@FOGAZILLA 4 жыл бұрын
He's "shorting" the stock, essentially betting against it
@Zulanderr
@Zulanderr 4 жыл бұрын
getting in just means taking a position - that can be long (buying) or short (selling), that is why he refers to getting in (short selling) before the price drops
@DrPhibesxx7
@DrPhibesxx7 4 жыл бұрын
I'm having trouble comprehending this stuff too. You aren't alone. I somehow know that if I can get it understood, it could be a way to quit the 9-5 mouse wheel. But it's Klingon to me as it is...
@sindreg729
@sindreg729 4 жыл бұрын
Simplest video i have ever watched about trading! You got my respect and subscribe for making this so easy to understand!
@tommybowen1701
@tommybowen1701 5 жыл бұрын
This is the Real Deal and IT WORKS, GOD BLESS YOU Jerry
@Live.Traders
@Live.Traders 5 жыл бұрын
thanks
@eyoi91
@eyoi91 5 жыл бұрын
come to think about it. he does look like JerryRigEverything
@Live.Traders
@Live.Traders 5 жыл бұрын
I get that a lot lol
@darylmack9997
@darylmack9997 4 жыл бұрын
Are selling high and buying low? I'm new to this
@rayoperator2699
@rayoperator2699 4 жыл бұрын
Correct, but when do you buy and when do you sell ? That is what makes a winner or a loser.
@m.collier708
@m.collier708 3 жыл бұрын
He is buying in some scenarios and short selling in some scenarios. The ones he's talking about where it shows him buying high and selling low are called "shorting" Shorting is where you borrow shares and they are immediately sold... with a promise that you will return those shares at later time. So lets say you short a stock at $10, borrowing 1000 shares... then the stock drops to $7. You buy those shares back and return the borrowed shares. You keep the difference of $3 per share... which nets you $3000 profit. The danger of shorting is that if the stock goes the wrong way... you could be in a lot of trouble... so you always want to set a stop loss. I personally don't short stocks... I only buy them on the way up... sell high and wait for them to come down before buying again. Or search for a different stock if the one I was trading is done going up for a while.
@JDNicoll
@JDNicoll 4 жыл бұрын
9:42 - "You don't even need that much buying power for this thing. You need like $4K in your account." Can you explain that? 1,000 shares at $15?
@BigVlecks
@BigVlecks 4 жыл бұрын
4x leverage
@ruslanfennessy9898
@ruslanfennessy9898 4 жыл бұрын
Can someone please explain how he is saying we are making money when it goes down 3$ in value makes no fucking sense
@albertreyhanian748
@albertreyhanian748 3 жыл бұрын
Hi Jared, Can I use 3Bar Play for S&P500 Future? if yes what chart we can use? tahnk you
@su780
@su780 4 жыл бұрын
can someone explain how the math works for the falling stock?? I get when the price is rising but did not get the reverse.
@KeepGoodKarma
@KeepGoodKarma 4 жыл бұрын
sinan uzer , I need the same question answered. Why would you enter a position that you think is going to continue immediately down? And how are you making money on that?
@pyrodor
@pyrodor 4 жыл бұрын
Patrick I believe shorting. You’re basically selling stocks that you don’t own yet, hoping to buy them at a lower price.
@KeepGoodKarma
@KeepGoodKarma 4 жыл бұрын
Pyrodor thank you
@su780
@su780 4 жыл бұрын
@@KeepGoodKarma , yes as others have stated, I've learned it is called shorting/short selling. It is explained in other channel videos and pretty much by every other channels. I guess this video assumes we did the homework and learned it previously, was not explained here.
@brandonhayes998
@brandonhayes998 4 жыл бұрын
@@su780 I still can't grasp that concept. Is there a link you can share to help me better understand buying at $15 and it tanks to $13 and you make money.
@eXpeII
@eXpeII 5 жыл бұрын
Probably my fastest sub ever. Great content my friend
@Live.Traders
@Live.Traders 5 жыл бұрын
Awesome, thanks!
@BHeartM
@BHeartM 4 жыл бұрын
That’s easy when u see these afterwards... how are you supposed to find these bars as soon as they happen?
@GriffinThomasMFCEO
@GriffinThomasMFCEO 4 жыл бұрын
You set a stop order instead of limit order as you watch it set up, if you set the stop order at the right price then there you go it’s completed the setup and off you go to profits.
@mlaranjeira31
@mlaranjeira31 3 жыл бұрын
One of the best videos ever about graphic analysis. You just save me a few hundred ours of bullshit videos and lots a reading. Thank you keep it up
@veganath
@veganath 5 жыл бұрын
Do you have a KZbin video where you trade live this strategy, approximately 60-90mins?
@Live.Traders
@Live.Traders 5 жыл бұрын
Yes EVERYDAY LIVE, with acct # open in my chat room...$1 for a 30 day trial. If $1 isn't worth it to you, then it's NOT worth it for me to put out 100's of FREE video's on YT...Each week I put a new one out...check them out! kzbin.info/www/bejne/aWm4gXyqm9yYjdE kzbin.info/www/bejne/rnbNhpduZ7OJjMk kzbin.info/www/bejne/o6rVaa2inJqXm5Y
@emrekocatepe6116
@emrekocatepe6116 5 жыл бұрын
Live Traders how do we come to your chatroom
@Live.Traders
@Live.Traders 5 жыл бұрын
@@emrekocatepe6116 email INFO@LIVETRADERS.COM for access...
@spec17
@spec17 5 жыл бұрын
So I feel like this is a stupid question but I'm gonna ask anyway lol. How is it that you're making money even when the price seems to have gone down? Or am I misunderstanding something? Like you showed at the 14 minute mark in the vid.
@jonwhitehouse2201
@jonwhitehouse2201 5 жыл бұрын
Shorting a stock...thinking a stock is going to go down....
@nathanielsmith6065
@nathanielsmith6065 5 жыл бұрын
It is called Short Trading or "going short". Instead of buying low and selling high, you sell high and buy back low. The process is basically: - Broker loans you shares to sell (You MUST buy the shares back eventually to return them to the broker) - You sell the shares - If the stock price falls, you are happy because you can buy them back cheap, give the shares back to broker and keep the difference - But If the price increases you're screwed because you HAVE to buy them at the higher price to give them back to broker at a loss Also worth noting, Short Selling is literally infinite risk if you do not use a stop loss. Because there's a limit to how low a stock can go ($0) but no limit to how high.
@spec17
@spec17 5 жыл бұрын
@@nathanielsmith6065 Ohhh ok gotchya. I'm willing to try my hand at it honestly. Only with what I can afford to lose. And work my way up.
@JamesClarkAW
@JamesClarkAW 4 жыл бұрын
@@nathanielsmith6065 You're the only fucking person to actually explain this. Thank you
@JamesClarkAW
@JamesClarkAW 4 жыл бұрын
@Gustav Gurra gotcha, thank you
@couwman
@couwman 5 жыл бұрын
How do you find the stocks in those 20 mins before the market opens?
@Live.Traders
@Live.Traders 5 жыл бұрын
$gainers and $losers then filter them about.... kzbin.info/www/bejne/rnbNhpduZ7OJjMk
@stefanstimpfle8718
@stefanstimpfle8718 Жыл бұрын
14:31 Dont Forget that the hard working people are the reason why u can Trade the market the way it is.
@FreeTraderFREEMAN
@FreeTraderFREEMAN 5 жыл бұрын
I give you credit. You and I have same trading style. I trade without indicators. I started KZbin to teach people. I called my strategy the open range. Similar strategy
@Live.Traders
@Live.Traders 5 жыл бұрын
Awesome 👍👍
@sirbash
@sirbash 5 жыл бұрын
Free Trader which time frame does it work best?
@FreeTraderFREEMAN
@FreeTraderFREEMAN 5 жыл бұрын
@@sirbash 5 minutes
@marcpetersen2846
@marcpetersen2846 5 жыл бұрын
How do you differentiate between the downtrending patterns shown and knowing when to buy the bottom of a dip?
@FreeTraderFREEMAN
@FreeTraderFREEMAN 5 жыл бұрын
@@marcpetersen2846 most of the time, you use trend lines. And you have to be patient. Also you need to define you risk and reward before taking position in the stock.
@dSmRaMpAgE
@dSmRaMpAgE 4 жыл бұрын
13:10 just a quick "in and out" lol. An $800+ gain is much easier to realize with day trades when quantities and values are so high. 250 shares @$265.00 entry is $66250.00. I think most of us watching need to make sure we scale down expected results. However, your methods showcase how easy money can be made with relatively little work!
@gbasilveira
@gbasilveira 4 жыл бұрын
scale to 1/10, you just need to make it more often. Also you can use leverage and scale it differently. The only job I know that starts from above is digging the ground.
@kierah16
@kierah16 4 жыл бұрын
Thanks for the info. I was trying to figure out the math there. How many shares were purchased to equal those gains. Esp @ 21:49 with 30 cents profit per share!
@mfpmf
@mfpmf 4 жыл бұрын
this is a well underrated comment, and the guy in the vid doesn't really care about this as he's going like buy more shares :D Most of us don't have $60k to trade. But if you do it with like 600, its still gonna be 1.5% on your capital which is not bad. it will eventually grow to 6k, and then 60k
@chriskelso7597
@chriskelso7597 4 жыл бұрын
I figured out the same math pretty quick. These are massive positions to get these returns. A smaller account trader will have to settle for a lot less. Good techniques, but not realistic results for smaller accounts regarding profit in dollar amount. Profit percentages will be same though.
@TexasLeverGunner
@TexasLeverGunner 4 жыл бұрын
>what are options
@anilgoud204
@anilgoud204 5 жыл бұрын
Hi, When you say bar1 do you mean the first candle for the day and does it work only for stocks. how can we choose such stocks. Thanks
@Live.Traders
@Live.Traders 5 жыл бұрын
These patterns are valid on any timeframe and at ANY time of the day. Cheers!
@anasrafeeque1667
@anasrafeeque1667 5 жыл бұрын
@@Live.Traders sir can I use this strategy in mcx future?
@Live.Traders
@Live.Traders 5 жыл бұрын
@@anasrafeeque1667 probably...but i dont trade futures so I dont know...
@Davlow.Designs
@Davlow.Designs 4 жыл бұрын
Couple of questions if someone wouldn't mind answering. 1. How are these stock breakouts found? By the time I find one its too late. 2. Is this done on invest or cfd's? Thanks
@franchica
@franchica 4 жыл бұрын
This exactly what I was going to ask. I have been looking for like 30 minutes and i can't find one. I have put price alerts on the resistance lines for like 10 stocks. But apart from if/when those price alerts pop I have nothing. And even when the price alerts do go off, there's no garauntee it'll follow this 3 bar pattern.
@Davlow.Designs
@Davlow.Designs 4 жыл бұрын
@@franchica yeah I did the same. I have found an older video of his which he posted about a year ago. Its about 1h45mins long and he goes into more detail about the 3 bar play and answer's a load of questions people have asked him. The video is titled Trading the three bar play: Everything you need to know. Only just started watching this myself and I hope this helps :)
@franchica
@franchica 4 жыл бұрын
@@Davlow.Designs thanks. I'll have a look.
@FaintAura
@FaintAura 5 жыл бұрын
Great video Jared. You've inspired this 26 year old to continue improving at trading and eventually quit his engineering job
@Live.Traders
@Live.Traders 5 жыл бұрын
Awesome, keep working at it and good things will happen.
@louiss2595
@louiss2595 4 жыл бұрын
FaintAura hows that going for you?
@FaintAura
@FaintAura 4 жыл бұрын
@@louiss2595 haven't quit yet. Still learning but still realize I have a ways to go and could still use more capital anyway.
@louiss2595
@louiss2595 4 жыл бұрын
@@FaintAura Oh well good luck!
@DavonMcCormick
@DavonMcCormick 5 жыл бұрын
Love this set up, thanks for sharing. I'm backtesting on a few forex pairs and indices now. I've also subscribed, cheers!
@DavonMcCormick
@DavonMcCormick 5 жыл бұрын
I'm testing it out on crypto as well seems to play nice with xrpusd - (5 minute tf) - I did use measured move for my TP target - www.tradingview.com/x/Ee0kJfG8/
@Live.Traders
@Live.Traders 5 жыл бұрын
You're welcome, I usually shoot for 2:1. So if your stop loss is 50 pips, then the target is 100pips, if stop loss is 20 pips, target is 40pips.
@anthonysalters8828
@anthonysalters8828 5 жыл бұрын
"break support/resistance;find an entry" LOVE it.. gunna use it
@Live.Traders
@Live.Traders 5 жыл бұрын
Sure thing !!
@mysticalone2005
@mysticalone2005 3 жыл бұрын
How do I get started in Trading? I want to start small; so, what road should I take? day trading seem so big!!!!!
@mislam13
@mislam13 4 жыл бұрын
The two best times for trading when volume is high is an hour from open and an hour from close. The time in between, you don't really need to trade.
@nocapper4205
@nocapper4205 4 жыл бұрын
Really ?
@thisiztheewae
@thisiztheewae 3 жыл бұрын
@@nocapper4205 Yeapppp
@TheRealJakeRyanMusic
@TheRealJakeRyanMusic 4 жыл бұрын
God damn i want to learn to trade. Sick of busting my ass roofing houses.
@alchemist4hire377
@alchemist4hire377 4 жыл бұрын
Start doing it man! just set some money aside every week and put some down in stocks for growth while you work. No need to be a day trader man since you can make way more over time. Its not the crazy thing people tell you. just make sure you do your due diligence and trust your moves. Dont scare out if u see some small losses either!
@CesarSanchez-ey5tj
@CesarSanchez-ey5tj 4 жыл бұрын
its not easy money bro
@tdot2413
@tdot2413 4 жыл бұрын
@@CesarSanchez-ey5tj try roofing houses.
@CesarSanchez-ey5tj
@CesarSanchez-ey5tj 4 жыл бұрын
@@tdot2413 I roofed residentials for 3 years. Made far more money than I do on trading, I'm not bad at trading either
@tdot2413
@tdot2413 4 жыл бұрын
@@CesarSanchez-ey5tj ever get injured trading?
@steady640
@steady640 5 жыл бұрын
Price, Volume and Time. That's all that matters.
@PSYxTV
@PSYxTV 5 жыл бұрын
Everyone has a different style. Don't knock the Exponential Moving Averages they have helped me make many solid trades.
@steady640
@steady640 5 жыл бұрын
@@PSYxTV I agree there are many ways to win or lose in this game. Price, time and volume (weighted) are used to create the EMA's though.
@mitchsnow7735
@mitchsnow7735 3 жыл бұрын
I work a night job that is very slow. I'm learning how to trade to turn the downtime into something productive and profitable. I'm glad I've stumbled upon your channel.
@OctaneStreet
@OctaneStreet 3 жыл бұрын
Sounds like Security.
@mitchsnow7735
@mitchsnow7735 3 жыл бұрын
@@OctaneStreet financial security 😉 💰
@OctaneStreet
@OctaneStreet 3 жыл бұрын
@@mitchsnow7735 Hah
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