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.Traders5 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!
@shahinrab4 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.anderson50654 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.
@shahinrab4 жыл бұрын
@@goodbyemr.anderson5065 Examples of targets, please. Like exact rally length in %. Give me video bookmarks since obviously I have missed them.
@martonvirraszto47744 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.
@shahinrab4 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?
@vitalx89564 жыл бұрын
Great question
@crymedusa4 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.
@mattbuddy68034 жыл бұрын
What platform are u using? if u don't mind.
@qifry53674 жыл бұрын
@@mattbuddy6803 all trader use metatrader 4 dude but different broker
@ItsAmill4 жыл бұрын
Cry Medusa how’s the 3-4 method been working for tou
@ItsAmill4 жыл бұрын
You
@crymedusa4 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.
@Drone2564 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.
@linearfish71514 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.
@jenny1207064 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?
@bambambino233 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.
@dimitridehouck95063 жыл бұрын
That should've been obvious :D
@laharoy3 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
@Trancer0063 жыл бұрын
What's the winning percentage?
@joeenglert1263 жыл бұрын
Honey I lost another $3000 today
@bambambino233 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-xy7fv5 жыл бұрын
For West coasters - If I can make $500 in the morning before going to work, then I'm not going to work!
@vigneshkandassamy65515 жыл бұрын
@Pommy Pie please share some strategies of urs
@mustakimkamaruzaman97155 жыл бұрын
Hahaha..yes bro..but i know if we only asking help from god everyday we will success..
@Booklivre5 жыл бұрын
Pommy Pie I wish I was you Please teach us !
@TofuInc5 жыл бұрын
Yep. I stopped going to work months ago. Trade the first hour and get on with my day.
@mustakimkamaruzaman97155 жыл бұрын
@@TofuInc Hahaha...you have a good idea bro!..Awesome bruh!..👍👍👍😂😂😂
@doglord20704 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.colombo4 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.
@iamedblaize3 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.
@Loompius3 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%.
@doglord20703 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
@iamedblaize3 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.
@At0sch3 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
@chriskelso75974 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.
@natemagic69234 жыл бұрын
Hey can you give me some tips on trading
@chriskelso75974 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.
@natemagic69234 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
@chriskelso75974 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.
@iamedblaize3 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-eb6uz5qz5z4 жыл бұрын
This guy reminds me of Hank from Breaking Bad
@mkaberli4 жыл бұрын
I never heard Hank talk about how to trade a 3 bar pattern. I must have missed that episode of BB.
@aggelosvol61844 жыл бұрын
so true
@My-NaMeS_jEfF4 жыл бұрын
Fk hate frank
@khanhhoi92464 жыл бұрын
Jesus Christ Marie! They're Minerals!
@sergeantkawaii80704 жыл бұрын
LOOL
@johncpope5 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.Traders5 жыл бұрын
Yup...so why do so many people misunderstand the play? Cheers!
@wrentypecyborg69653 жыл бұрын
after resistance or support is broken
@thingshappen91993 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!
@cedarriverwoodworking3 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?
@RawNoLimits5 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.Traders5 жыл бұрын
thanks
@50kT5 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.Traders5 жыл бұрын
Sad.
@jaydeetech97315 жыл бұрын
50kT lol
@ricktremblay24115 жыл бұрын
I get up for work at 4:50am...
@Ztcctz5 жыл бұрын
That took a turn
@dzignbloc50115 жыл бұрын
@@Live.Traders I think it's pronounced "SAD!"
@linearfish71514 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.
@Samperor4 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.
@MosestheMuslim4 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.
@linearfish71514 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.
@shreyanskhard4 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 ?
@coryw88494 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
@mariagandara82423 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.
@fransbot15 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
@Logosfollower5 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
@a1cxd1665 жыл бұрын
Wrong I just started and I made 30k in my first week. Lies.
@fransbot15 жыл бұрын
@@a1cxd166 Congratulations I wish you many years of success
@Live.Traders5 жыл бұрын
For sure !!
@Heart15175 жыл бұрын
True,that's why I get back to basic now.simplicity is the key
@0xArjay4 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
@tobymulder41054 жыл бұрын
I'm loving how you call financial freedom your passion :') I guess I'm a really passionate person then LOL :P
@audreyandriana19683 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.
@audreyandriana19683 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.
@wilsonfred78633 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?
@repliedbajapanesewithhanak66763 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
@audreyandriana19683 жыл бұрын
@@wilsonfred7863 you can reach him directly on chat, but let him know your'e in for business
@audreyandriana19683 жыл бұрын
@@wilsonfred7863 + 1 7 1 6 2 8 1 5 3 0 8
@mikeh.994 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.fetching22674 жыл бұрын
This guy looks like my very first world of Warcraft character.
@Topself244 жыл бұрын
Stop!! Lolol
@ZT_Performance4 жыл бұрын
Alliance is gay.
@nllnewsleaklive7484 жыл бұрын
Funny got a world of Warcraft ad before this video 😅 Strange
@shannonfarris5454 жыл бұрын
lmaoooo
@matthewgomez60244 жыл бұрын
2:56 no hocus pocus
@LuisDelgado20165 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
@LuisDelgado20165 жыл бұрын
The best thing is go to Livetraders page they can teach you better than I ….I just started a year ago.....
@OkOk-kk5ys4 жыл бұрын
It would be nice to actually see the trades being made live, along with the setup and trade pics before hand.
@stickboyfpv47423 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.....?!
@iamedblaize3 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.
@stickboyfpv47423 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..!
@exelmans88553 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.
@jayhenry31463 жыл бұрын
@@stickboyfpv4742 Go to ClayTrader channel. It’s exactly what you’re asking for.
@michelakras80232 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.
@TheArabPilot5 жыл бұрын
"You guys are overcomplicating trading" *has 27 graphs on the screens*
@lethal_jake21875 жыл бұрын
How is that complicated they are just graphs. Your quotes are more complicated.
@MisterTrollypolly4 жыл бұрын
@@lethal_jake2187 How are his quotes complicated when they are just words which you also understood enough to reply to?
@WayneJohn-fq6cn4 жыл бұрын
@@MisterTrollypolly your reply to the comment about the quote of the video is too complicated
@juanpablodelaparratonella21754 жыл бұрын
@@WayneJohn-fq6cn Your reply makes no sense
@elayshobeycurrey94964 жыл бұрын
TheArabPilot spaghetti on his charts😂
@pattyaap73455 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.Traders5 жыл бұрын
Congrats!
@TheEpoXyy5 жыл бұрын
Thats the best feeling
@pattyaap73455 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.
@tierraclements69954 жыл бұрын
he must really think we have good vision to see those lil tiny candlestick charts??
@traderjay22614 жыл бұрын
you shouldnt be trading shit if you cant read your candle chart
@tierraclements69954 жыл бұрын
Alucard 22 first of all those pictures small as shit , so get the fuck off my case .
@traderjay22614 жыл бұрын
Tierra Clements exra emphasis on learning candle sticks but if you literally meant sits too small then my bad
@bassemghorab4 жыл бұрын
@@tierraclements6995 lmao
@trudytucker77374 жыл бұрын
Fr I was watching this on my phone and he's pointing at stuff like lmao am I supposed to see this ????
@ronaldswangler25384 жыл бұрын
So true, the more technical I got the worst my trading got.
@axiomloves215 жыл бұрын
Jared you are a friggin genius!! You are the best. I love your keep it simple strategy!
@Live.Traders5 жыл бұрын
Thanks
@GhostTrain3114 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?
@gappuma78834 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
@16beat414 жыл бұрын
@@gappuma7883 how do u know which stocks will gap on the next trading day? What are the signs to look out for?
@gappuma78834 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.
@tamborambo29575 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.Traders5 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
@Snacc7413 жыл бұрын
And how r u doing now?
@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 ?😊
@MultipleBob3 жыл бұрын
can you show us a live trade rather than just screenshots of successful trades
@irontrunk22673 жыл бұрын
Yeah no loses.
@rickyhineman41243 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
@GODDAMIZJoseph3 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.
@joshb32565 жыл бұрын
I gotta work harder man. I'm not scared. But I love being influenced in the good way. You are awesome!
@Live.Traders5 жыл бұрын
Keep pushing!! Cheers!
@mikesuniverse17894 жыл бұрын
I don't understand how you make money on stocks that go down. can you explain how briefly?
@DrPhibesxx74 жыл бұрын
Thank you. Someone needs to explain this stuff to me like I'm a 7 year old...
@bioticgod4 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
@mikesuniverse17894 жыл бұрын
@@bioticgod are you talking about a call option?
@aaronschmitz7114 жыл бұрын
Diallo Khari he is describing a “short”
@esluts70484 жыл бұрын
Tulio Caldas bro. this just opened my brain. thanks for the clarification.
@Muzeishen2 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!
@jamesmorphy81383 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
@davidstalwart8763 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.
@jaydenturner88523 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.
@jamesmorphy81383 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.
@davidstalwart8763 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
@jaydenturner88523 жыл бұрын
Where would do suggest I find an expert trader?
@qzwxecrv01928374653 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
@fnmikeygg3 жыл бұрын
That makes sense :D
@iamedblaize3 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.
@Zzzron1354 жыл бұрын
I'm having a hard time understanding this. How are you making money when the stock price is falling?
@slicelifetv4 жыл бұрын
Very curious about that myself.
@danieljones6664 жыл бұрын
@@slicelifetv It's called shorting the stock.
@slicelifetv4 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.
@Sundrobrocc4 жыл бұрын
put options
@simpy173254 жыл бұрын
You can short the stock or buy a put.
@notacommunist25953 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)
@kevinkur5 жыл бұрын
analyzed my past trades, WOULD HAVE SAVED SO MUCH TIME AND MONEY!! THANK U
@Live.Traders5 жыл бұрын
good to hear!
@pridefitness31715 жыл бұрын
How do you find these 3 bar plays before market? Do you have something to help you scan the market?
@Live.Traders5 жыл бұрын
I'm doing a scanning video soon...they are easy to find. EA today on the 15' chart.
@rnglilo02565 жыл бұрын
Finally someone helping me to make profit and knowing what he is talking about
@southernbella65353 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.
@jeanneneteru38204 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!
@dreamrunner46803 жыл бұрын
Mark Douglas videos and books solved my fear of markets, I'd suggest you check them out
@nefertitei12 Жыл бұрын
@dreamrunner4680 thank you for the insight-i will check them out🙏🏾
@danfrancisjr5 жыл бұрын
3:38 let's get to it
@goingold18554 жыл бұрын
Legend
@Phrizby4 жыл бұрын
any advice for when to close your position after entering into what looks like a 3-bar situation?
@spektrumtv44234 жыл бұрын
I think the general idea is not to get too greedy and get out at reasonable pre set expected profit level.
@siyabongantshangase71734 жыл бұрын
At the next support
@stoneyislandranch97834 жыл бұрын
After you finish your spaghetti..
@agipaintingservices77014 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??🤔
@ruevr67534 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
@16beat414 жыл бұрын
My question is.. how do u find/screen stocks that would have potential gaps?
@marianarivera16974 жыл бұрын
Finviz (free) you see top gainers and Top losers for the day.
@marianarivera16974 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.
@raouldelange44924 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
@charlestinotenda83584 жыл бұрын
I'm encouraged. I am going to try the same thing during June then invest real money in July
@mohammadmustafa25944 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.roberts1874 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
@joniseo3 жыл бұрын
Raoul, where were you practicing with virtual money?
@devo59424 жыл бұрын
missing the part where you talk about your exit strategy? What's the trigger point to get out?? Anyone? Thanks
@Influenced.by.friends4 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.friends4 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.
@robbmadej55712 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
@GlennReschke5 жыл бұрын
I don't often watch 30 minute plus videos but this was really mesmerizing and powerful. Thanks for recording it.
@Live.Traders5 жыл бұрын
kzbin.info/www/bejne/rnbNhpduZ7OJjMk
@latestartinvestor21024 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-life3 жыл бұрын
wow... this comment section is so spammy
@Ameeranasser834 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_YT3 жыл бұрын
I am a newcomer. Also have adhd. I am unmedicated so money making has always been tough.
@Ameeranasser833 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
@thedeadnotsleeping4 жыл бұрын
This is the type of learning I appreciate. You speak like my old football coach and it resonates.
@SchamaliDhali5 жыл бұрын
I've been doubling my account value about every 3 months. Everything this guy is saying is good stuff.
@Oregonluver5 жыл бұрын
Newbie here , how is he gaining money if the stock is going down ? Or is this forex ?
@TRADINGARMOUR5 жыл бұрын
kzbin.info/www/bejne/mYeXqJiwrr-JaNE
@carolhama41565 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.
@EtherealEchoSphere5 жыл бұрын
What hes doing is selling options lol
@yenihanisa26675 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_Intellects5 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.Traders5 жыл бұрын
You get in as soon as bar #3 breaks the high of bar #1...kzbin.info/www/bejne/rnbNhpduZ7OJjMk
@mihai21neo3 жыл бұрын
I tried your strategy , it works. Pacience is the key
@pnnedbyfinancebro27863 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
@unounv5 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.Traders5 жыл бұрын
Awesome glad to hear it!
@-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.Traders5 жыл бұрын
kzbin.info/www/bejne/rnbNhpduZ7OJjMk
@auspiciousdissent21333 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?
@sergiobonilla15583 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.
@randygonzalez3723 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
@ethanmegan35333 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
@walterevelyn45433 жыл бұрын
I did invest with her and I made huge profits
@jamesnicholson86943 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-uq5sf3 жыл бұрын
Im from the uk. Love this guys content. They way he breaks it down and comes across really genuine
@nesi_wilson13315 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
@neightdiggidie5 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.Traders5 жыл бұрын
They don't, That';s all hocus pocus stuff sold by marketing people pretending to be traders.
@Live.Traders5 жыл бұрын
For sure
@marshal79695 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?
@unturbe5 жыл бұрын
Marshal It’s called shorting. Or you can buy put options.
@Live.Traders5 жыл бұрын
Shorting. Making money when a stock goes lower. Google the term 'shorting stocks.'
@Illest19875 жыл бұрын
@@unturbe it is just to complex bro... hihihi... just kidding,
@ciscomartin62894 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.
@adnan84455 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
@briansgenius5 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.
@nosskopajtas4 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 :)
@nosskopajtas4 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
@briansgenius4 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.
@briansgenius4 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.
@nussruddingaming15153 жыл бұрын
Is this setup is for first half hour of opening of market, using 5 minutes candle chart ?
@jimpsonuyaguari96654 жыл бұрын
When you say it's easy, and I don't understand anything .
@bingbong36433 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.
@bmax59283 жыл бұрын
@@bingbong3643 thats why you have stop loss, and do you think everytime u trade, you will get money?
@bingbong36433 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.
@jimpsonuyaguari96653 жыл бұрын
@@bingbong3643 yea a company should have many factors that determines whether is loosing or growing.
@MyExpertAccountant3 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.
@junaidf4 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
@diegoberta1234 жыл бұрын
same doubt... he talks about bars but not the scale of these bars
@Keudos44214 жыл бұрын
He said between 1 and 30 minutes
@blackpillbishop50164 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?
@mrbva864 жыл бұрын
was thinking that as well. i think that's why you gotta put a stop. speculation and psychology i suppose
@tradinginasia80124 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
@blackpillbishop50164 жыл бұрын
@@tradinginasia8012 Isn't this the same as an opening range breakout setup?
@zaferustuner4 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 ?
@rameshhansaravendra5 жыл бұрын
. Thank you so much for making this video. Please make more videos about candlestick patterns.
@Live.Traders5 жыл бұрын
You're welcome
@randomacts88094 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 ??
@termsofservice36504 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.
@sneezweasel4 жыл бұрын
Only the most informed will outperform a diverse portfolio of index funds. See if you can do it with the dividends.
@colesorrell35684 жыл бұрын
Im stupid can someone explain how hes making a gain off entering right before the price drops lower
@FOGAZILLA4 жыл бұрын
He's "shorting" the stock, essentially betting against it
@Zulanderr4 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
@DrPhibesxx74 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...
@sindreg7294 жыл бұрын
Simplest video i have ever watched about trading! You got my respect and subscribe for making this so easy to understand!
@tommybowen17015 жыл бұрын
This is the Real Deal and IT WORKS, GOD BLESS YOU Jerry
@Live.Traders5 жыл бұрын
thanks
@eyoi915 жыл бұрын
come to think about it. he does look like JerryRigEverything
@Live.Traders5 жыл бұрын
I get that a lot lol
@darylmack99974 жыл бұрын
Are selling high and buying low? I'm new to this
@rayoperator26994 жыл бұрын
Correct, but when do you buy and when do you sell ? That is what makes a winner or a loser.
@m.collier7083 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.
@JDNicoll4 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 $15?
@BigVlecks4 жыл бұрын
4x leverage
@ruslanfennessy98984 жыл бұрын
Can someone please explain how he is saying we are making money when it goes down 3$ in value makes no fucking sense
@albertreyhanian7483 жыл бұрын
Hi Jared, Can I use 3Bar Play for S&P500 Future? if yes what chart we can use? tahnk you
@su7804 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.
@KeepGoodKarma4 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?
@pyrodor4 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.
@KeepGoodKarma4 жыл бұрын
Pyrodor thank you
@su7804 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.
@brandonhayes9984 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.
@eXpeII5 жыл бұрын
Probably my fastest sub ever. Great content my friend
@Live.Traders5 жыл бұрын
Awesome, thanks!
@BHeartM4 жыл бұрын
That’s easy when u see these afterwards... how are you supposed to find these bars as soon as they happen?
@GriffinThomasMFCEO4 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.
@mlaranjeira313 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
@veganath5 жыл бұрын
Do you have a KZbin video where you trade live this strategy, approximately 60-90mins?
@Live.Traders5 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
@emrekocatepe61165 жыл бұрын
Live Traders how do we come to your chatroom
@Live.Traders5 жыл бұрын
@@emrekocatepe6116 email INFO@LIVETRADERS.COM for access...
@spec175 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.
@jonwhitehouse22015 жыл бұрын
Shorting a stock...thinking a stock is going to go down....
@nathanielsmith60655 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.
@spec175 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.
@JamesClarkAW4 жыл бұрын
@@nathanielsmith6065 You're the only fucking person to actually explain this. Thank you
@JamesClarkAW4 жыл бұрын
@Gustav Gurra gotcha, thank you
@couwman5 жыл бұрын
How do you find the stocks in those 20 mins before the market opens?
@Live.Traders5 жыл бұрын
$gainers and $losers then filter them about.... kzbin.info/www/bejne/rnbNhpduZ7OJjMk
@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.
@FreeTraderFREEMAN5 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.Traders5 жыл бұрын
Awesome 👍👍
@sirbash5 жыл бұрын
Free Trader which time frame does it work best?
@FreeTraderFREEMAN5 жыл бұрын
@@sirbash 5 minutes
@marcpetersen28465 жыл бұрын
How do you differentiate between the downtrending patterns shown and knowing when to buy the bottom of a dip?
@FreeTraderFREEMAN5 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.
@dSmRaMpAgE4 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!
@gbasilveira4 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.
@kierah164 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!
@mfpmf4 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
@chriskelso75974 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.
@TexasLeverGunner4 жыл бұрын
>what are options
@anilgoud2045 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.Traders5 жыл бұрын
These patterns are valid on any timeframe and at ANY time of the day. Cheers!
@anasrafeeque16675 жыл бұрын
@@Live.Traders sir can I use this strategy in mcx future?
@Live.Traders5 жыл бұрын
@@anasrafeeque1667 probably...but i dont trade futures so I dont know...
@Davlow.Designs4 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
@franchica4 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.Designs4 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 :)
@franchica4 жыл бұрын
@@Davlow.Designs thanks. I'll have a look.
@FaintAura5 жыл бұрын
Great video Jared. You've inspired this 26 year old to continue improving at trading and eventually quit his engineering job
@Live.Traders5 жыл бұрын
Awesome, keep working at it and good things will happen.
@louiss25954 жыл бұрын
FaintAura hows that going for you?
@FaintAura4 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.
@louiss25954 жыл бұрын
@@FaintAura Oh well good luck!
@DavonMcCormick5 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!
@DavonMcCormick5 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.Traders5 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.
@anthonysalters88285 жыл бұрын
"break support/resistance;find an entry" LOVE it.. gunna use it
@Live.Traders5 жыл бұрын
Sure thing !!
@mysticalone20053 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!!!!!
@mislam134 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.
@nocapper42054 жыл бұрын
Really ?
@thisiztheewae3 жыл бұрын
@@nocapper4205 Yeapppp
@TheRealJakeRyanMusic4 жыл бұрын
God damn i want to learn to trade. Sick of busting my ass roofing houses.
@alchemist4hire3774 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-ey5tj4 жыл бұрын
its not easy money bro
@tdot24134 жыл бұрын
@@CesarSanchez-ey5tj try roofing houses.
@CesarSanchez-ey5tj4 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
@tdot24134 жыл бұрын
@@CesarSanchez-ey5tj ever get injured trading?
@steady6405 жыл бұрын
Price, Volume and Time. That's all that matters.
@PSYxTV5 жыл бұрын
Everyone has a different style. Don't knock the Exponential Moving Averages they have helped me make many solid trades.
@steady6405 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.
@mitchsnow77353 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.