What makes a successful trader? Comment below and don't forget to like this video and subscribe!
@isaacpalmquist920210 ай бұрын
Discipline
@richardsharp827610 ай бұрын
Allocation size is so important. If the macro understanding of a trade you've taken is correct, and the trade is going the wrong way, allocation size can help you inch in and out, and even save ugly positions. I hardly ever take a loss on a trade because of this, and never use stop loss. It works for me, because my average swing trades last between a week and 3 months. I average around 25% profit each year doing it this way. But, of course, this only works if your understanding of a trade you're taking is in lockstep with how the asset is behavinh on the macro dancefloor.
@alanmorrison105810 ай бұрын
The problem with fundamentals is you develop an emotional bias and you can only see what you believe to be true.
@risky_scalps10 ай бұрын
A homeless looking man sitting in small and empty room - GG
@onceuponascale10 ай бұрын
Thank YOU David. For asking THE question. That is proper interviewing. Real quality.
@sahadathhossain85539 ай бұрын
Jack Schwager did a very very great job with all his "Market Wizards" books. Thanks again and again.
@Mike-lz2ef10 ай бұрын
judging by my recent market performance..a successful trader does the exact opposite of me.. ;
@danielscott140910 ай бұрын
Please post your trades so I can fade?
@craigtaylor461310 ай бұрын
😂😂😂
@YouTubeUpdatesAreRuiningIt10 ай бұрын
No way! Nice, David... You keep topping yourself!
@kemala.529710 ай бұрын
you are the TOP G of financial interviews David, thank you so much, this is a great interview. I read the market wizards and it had a great impact on me, definitely recommend to the people who haven't read it yet
@mehrdadmithra95912 ай бұрын
Jack Schwager very nice to listen to, learning things the easy way.
@Biscuits300010 ай бұрын
Wow dude, Schwager! Solid interview!
@santoshtiwari196710 ай бұрын
Love it man, thanks for this awesome interview.
@belalsager924710 ай бұрын
Perfect work as usual 🎉
@andrestrat10 ай бұрын
Nice interview. Great questions! interesting answers that add to our understanding on how trading is exciting but tricky.
@harrison182110 ай бұрын
I have every book Jack has published. I've read four of them so far. Thrilling books!
@Andrew_Lewis0110 ай бұрын
Thank you David, great interview.
@cryptoricardo10 ай бұрын
Jack reminds me a lot of the greatest trader that ever lived, WD Gann: moving your stops at the next swing low, focusing on charts (fundamentals = noise) etc. All Gann stuff. Pretty smart stuff! "Show me the charts, and I'll tell you the news." Bernard Baruch
@henriettatan10 ай бұрын
David gets the best guests!
@moa381010 ай бұрын
Good questions asked. thank you.
@genjer535410 ай бұрын
Hes so happy about the Recession coming in, like hes super excited to be witnessing it.
@crap801110 ай бұрын
GET SOLOWAY BACK ON!!!
@trentbrady882910 ай бұрын
Finally a good trader who knows what his talking about
@brentandrewchua382410 ай бұрын
Thanks, David! Got so excited when I saw this video! Big fan of the Market Wizards series❤
@wilfhigginson46510 ай бұрын
Wow! This show delivers consistently 👍🏼
@eclkt10 ай бұрын
Thank you
@Seegie1610 ай бұрын
7:46 nice cup and handle formation on the russell. Id buy right here.
@cloudsoundz943110 ай бұрын
David,please can you interview Nancy Pelosi.She has an impeccable record of beating the market.
@RonaldWarman-gr9kk10 ай бұрын
😂😂😂😂
@_Thoughtful_Aquarius_10 ай бұрын
😆😁😜
@anaestereo81010 ай бұрын
Oka, here we go...mkts are not efficient BUT most of us, peasants, are better off acting as if they were...so we disagree but agree with Eugene.
@darwinmolina853110 ай бұрын
This is legendary David. Thank you
@bullishforgold879010 ай бұрын
Great guest! Read the first Market Wizards a dozen times.
@mikesymth724310 ай бұрын
Thanks David excellent interview much appreciated!
@vincentmurphy925210 ай бұрын
Thanks David/ this is a great interview please do more then just the crystal Ball forecasters😎
@gabrielw77732 ай бұрын
What are you going to have computers playing computers and the market ends up going nowhere because they both do the same thing?
@MS-de7bb10 ай бұрын
So cool meeting your "hero"
@vlogmasti671310 ай бұрын
Part of a very important coin been talked about in the BCL
@mauris813110 ай бұрын
This makes up for all the shillers you've had on. Bravo 👏
@a.s.24268 ай бұрын
David, Good interview. However, I think you somewhat missed the opportunity to start with some higher level questions to provide better context for the doscussion. Questions such as the kinds of returns the “great traders” earned; the most popular trading strategies along the group; how reproducible the results could be for the average investor. The interview as it was got into the weeds a bit too quickly.
@sebastianburnaz676010 ай бұрын
Thank you!
@segopecel560510 ай бұрын
AZT200X gang in the house! Thanks for the analysis!
@RonaldWarman-gr9kk10 ай бұрын
Excellent interview David on trading philosophy. Sometimes numbers only tell part of a story. I am a beginner, so right now I'm using The Force!!!😂😂😂
@lancemairs495610 ай бұрын
What he said about the interesting stuff coming out later in what is a long interview is fascinating and could be very useful. I saw the similarity of the unguarded truth finally coming out in a long interrogation,
@cikulgaming402010 ай бұрын
AZT200X will replace Eith in few years. AZT200X the sleeping Giant. its the fastest L1 high-tech PoW Zero Gas-fee chain with 100X potential
@caiusstyka20310 ай бұрын
but yes the thing that we don't have is an algirthim that can take in real world event and react to a score of bull or bear
@ikust00710 ай бұрын
Really excellent. Merci
@Javier9999910 ай бұрын
with a name like Schwager I'm expectin major flow
@kiengt98210 ай бұрын
Im DCAing in AZT200X as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
@mikesmith231510 ай бұрын
Alot of fake bot conversations in these comments. Thank God I met financial guru Mr Theophilus J Wildebeest when I was nearly broke. now I make 500 billion dollars in the markets every week without fail with a stoploss of 5 dollars. Soon I will be able to retire probably another 5 years .
@mikesmith231510 ай бұрын
Yes I too recommend the wonderful Mr Theophilus J Wildebeest and every day I make 150 million dollars guaranteed with a simple trading strategy he taught me. Let's keep it between you and me... 🤫
@BCS-cf6df10 ай бұрын
On AZT200X Go long when the sell pressure reduce. As short on the opposite.
@staygamers899610 ай бұрын
Hopefully AZT200X will do good.. have alil over 10million AZT200X coins
@caiusstyka20310 ай бұрын
David there are trading bots out there the trade off technical analysis
@bkfabs10 ай бұрын
David, excellent interview! You ask some great questions! I really learned a lot.
@nischaleditz287210 ай бұрын
I bought 2500 AZT200X tokens, too. It will be great profit when it is listed for $2
@wolfteam734010 ай бұрын
I am seeing AZT200X everywhere can you make a video for these ico projects especially AZT200X .
@muhtadin321710 ай бұрын
I already converted all my ETH to AZT200X , now I feel like moving all my BTC to ADA as well.
@h.sinclair10 ай бұрын
Know where you will get out before you get in. (it applies to stops). best advice ever - hey another great interesting Interview Mr. Lin, thank you for your work
@syedrifad10 ай бұрын
My AZT200X shorts are doing pretty well and I plan to hold much longer.
@Mashyx110 ай бұрын
AZT200X and Ebay signed a partnership. It will blow up once it hits mainstream..
@zobirbicalo935710 ай бұрын
Great video as always. I notice that you display the AZT200X ! I just got some too!
@luka_lansky39910 ай бұрын
I purchased $5000 AZT200X I am on the train too
@petruxa070510 ай бұрын
All of my USDT is still going to buy AZT200X
@spbettas917910 ай бұрын
Ive had the feeling BTC would be going to 40k as well. Clearing out all my Alts going into BTC and AZT200X only, maybe a little BNB.
@nijhumridoy197810 ай бұрын
AZT200X will continue to improve and expand responsibly. Don’t sleep on it.
@JohnSmith-ms8nj10 ай бұрын
Stop losses are a terrible risk management strategy... setup for both sides of a trade before hand... ex; buy a protective put
@MaxLofi710 ай бұрын
Wow!
@rudraavhad153710 ай бұрын
Whats better holding into crash or being safe with AZT200X tell me
@izzufirdaus494110 ай бұрын
its obviously AZT200X , and the only I would buy is to make money. Personally, not a huge fan of this one
@ningbunejuniatungga10 ай бұрын
Idk about price, but Im going with AZT200X. I feel that regardless of gains and losses my funds are safe.
@pruthvinishad921010 ай бұрын
So, so bullish on AZT200X, we are so early. Honestky see AZT200X havng a few hundred bil market cap in 3 to 7 years
@aplauplu74310 ай бұрын
You can call AZT200X bots but that does not change the fact that the shill is absolutely deserved. Out of all launches we had, talk about ETH, talk about XRP, talk about all these new chains but AZT200X breaks everything
@jeriomic10 ай бұрын
I think AZT200X will be the most important project in crypto. But HBAR sounds nice too. Will buy some with my AZT200X earnings lmao
@plopgrad-vz3ok10 ай бұрын
Smartest campaign ever is that AZT200X.
@Pedakin10 ай бұрын
You are one of the most sophisticated and brilliant KZbinr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for AZT200X much love from Chicago
@rharnevious3 ай бұрын
#strictriskmanagement
@Vivanvortexa10 ай бұрын
I believe AZT200X will go 200x after launch on Binance.
@faizanwithgpt10 ай бұрын
I always feel I need more of all the projects I am in but it gets so expensive lol. Anyone feel the same? I just got to 300k AZT200X last night but still want some more.
@dhdawd895910 ай бұрын
Seriously AZT200X is something nobody expected and yet its just breaking all existent rules to make the superior move
@vjfacts207710 ай бұрын
Love the AZT200X content. I think this project is just as essential as HBAR and they both will be great movers
@itzzaakash353810 ай бұрын
Everyone talking about the AZT200X launch best news this year.
@riyasharma718010 ай бұрын
between the two, I think I would still support Amazons AZT200X : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...
@jaishreeram1118210 ай бұрын
Need more AZT200X content. Converted my ETH to BTC but kept my AZT200X
@رضا-ز9ص10 ай бұрын
Lets discuss the AZT200X guys. This is failproof and barely any asset can be labelled failproof at all.
@flymig2910 ай бұрын
I want to say my AZT200X bags are full, but I cant stop buying at 3 cents.
@HailCaesar-lm4bq10 ай бұрын
A successful trader should learn quality of life issues and get more than an empty room with white walls 😂
@joeya-thailand10 ай бұрын
I love that AZT200X is focused on sustainability and using renewable energy sources for mining. Its important to consider the environmental impact of cryptocurrencies.
@sajio502110 ай бұрын
Thats the real kicker, eh? AZT200X goes to a million, my personal wealth doubles.
@hudanurell747310 ай бұрын
Great video. Im a huge AZT200X fan and love your videos on it.
@AwtaMadik10 ай бұрын
Schwager Swag Trading 👍
@lendrilee260010 ай бұрын
AZT200X at less than $1. is like BTC at $100. When AZT200X finally blows its gonna be epic.
@thedestroyers721710 ай бұрын
Why is AZT200X doing so well? That is concerning to me.
@sandeeprawani352310 ай бұрын
Hell yes $ AZT200X. Going to have a huge Q4
@AhmetSahin-gj4nr10 ай бұрын
I THOUGHT THEY ALREADY RAISED THE AZT200X LIMIT.
@mishmaoul205210 ай бұрын
Just use trailing stops.
@cjoe195010 ай бұрын
Dave is slowly but surely developing a bullish double chin.
@wingamer750210 ай бұрын
A minute of silence for AZT200X, as history is being written!
@kendinyapc10 ай бұрын
My largest holding is Amazons AZT200X. Glad it came out to be this. I’m a fanboy and I like jeff. He reminds me of Steve Jobs when he speaks.
@calisthenics_54310 ай бұрын
Seeing AZT200X breaking 1$ had me make out with a random gradma on street today.
@wisnuwinanda733810 ай бұрын
All of them are really nice picks. But the potential of project that elegantly combine blockchain and AI is Amazons AZT200X and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.
@taixetaxi56710 ай бұрын
Cant deny the fact that Amazons AZT200X is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail its done for good, but I dont see that the biggest tech company in the world would put e
@yusuffurkann010 ай бұрын
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AZT200X will hit mainstream soon, 10x-20x quite possible even during this bear market bu
@method34110 ай бұрын
I wish Jack had a proper mic! They are like $20. He has a husky voice which already makes it hard to hear.
@vikrantn420510 ай бұрын
David, face fat is increasing with every video.
@ridwananugrahchannel395710 ай бұрын
I’m wondering if you’re really good at predicting runners or if your videos are moving the markets??? Either AZT200X is working thanks…
@corrupxzthethird800110 ай бұрын
Super cool video ! Do you think amazons AZT200X will pump before ETH ? I ask myself if there is a pattern in the order of the altcoins pumps.