Trading Lessons | Crypto and the Stock Market Analysis | Hedge Fund Manager Jim Roppel

[@RichardMoglen]

Timestamps: 0:00 Introductions 0:40 Jim's Background 3:00 CANSLIM and O'Neil 4:34 Current Thoughts on the Market 5:15 Being Mostly in Cash 6:00 Rules to Stay out of Corrections 7:25 We are in a bear market in growth 8:14 How the FED Influences the Market 10:30 Current State of the Crypto Market 12:20 Key Coins to watch Bitcoin and Ethereum 12:50 The MSFT and GOOGL of crypto has not been discovered yet 14:00 American Innovation 16:35 Handling Crypto Volatility 18:00 Trimming Extensions 19:00 Technical Trends with Crypto 19:57 Key Moving Average for Crypto 21:00 Dampening volatility with Crypto 22:00 How Jim Traded 2021: A/D Line 25:45 Leading Stocks Semis Ford 27:00 In a Downtrend fantastic fundamental stories do not matter. It's a liquidity issue 27:46 Routines to identify the next leaders during corrections 29:25 Reread the classic books 30:30 Focus on yourself and managing your emotions and weaknesses 31:30 There is way to much emphasis on buy points 32:39 The Noise of Wall Street - Fear 35:00 The Big money is made in the sitting 35:30 TML Study, length of the trend 36:10 NVDA Story 37:20 price will hurt you, size will kill you 38:20 When to sell a TML 40:10 Living below the 50 day 42:00 Less than 4% chance a TML will never lead again 44:10 The Importance of Cutting Losses 45:45 Cutting losses keeps you in the game 48:13 How responses to earnings impact Jim's view on the market health 49:40 Rubber Band Analogy. be excited in corrections 51:08 Flexibility 52:11 Drunkenmiller Soros Jones where all trendfollowers 55:50 Optimism and belief in a system 1:00:20 Be patient 1:01:45 Advice for traders right now ft Ryan Worch

[@MrCGCox]

When was this recorded, which day? Thanks

[@JB-mw7zt]

I’m going through all of Richard’s interviews. Jim has some of the best advice & market input. This interview is worth rewatching a few times.

[@RichardMoglen]

Jim is the man!

[@michaelzagel3720]

When a legend like Jim Roppel had a bad year 2021, I probably shouldn't feel too bad for myself not performing well. I have to keep reminding myself, that I'm still very early in my career as a trader.

[@timj4755]

Yep me too, I think that is a good mindset. Last year was my first year of trading and bought tons of penny stocks that blew up from the 30 k to 300…I absolutely was not ready for that, I hadn’t even learned to physically enter oco or stop orders, just bought and held and held and held. Finally stopped the bleeding at around 85k…ouch. Good money but I never learned ANYTHING about trading. Very devastating living through that much “loss” but I just kind of dis a reset. In actuality I ended up with about 50k profit for my first year trading. Could be worse. So now all in cash and just studying and watching the markets. My goal this year is not to make money but LEARN. I figure the first year was to see what the potential is and years 2-5 to LEARN how to trade. After some painful months, I really like where I’m at now…in it for the long game and I absolutely love learning this stuff, love it.

[@amaralevaldo]

Another GREAT One my friend. Thanks to all you 3.

[@nev53]

Love Roppel's relentless positivity

[@RichardMoglen]

100%

[@PopPop0424]

Thanks Richard! One of the best quotes. "Fundamentals don't matter in a downtrend!' There was a mention of the number of monitors... but is Jim trying to 'show' us something!!! Almost all charts are 'upper left-lower right.' So many words of wisdom! 'Price will hurt; size ill kill' 'Two Fridays in a row below the 50 day!' 'Living below the 50 day!' 'Profit maximization is an art' entering a position is a science!' He also has some great historical points from the market. And, maybe next time get the story with the fancy skulls ;)

[@apetri7221]

What a great guest...I did the same thing that he did except cutting the losses as quick as I should have....I also went to the Dow Jones Tech Conference in the 90s..the Market Wizards...O'neil etc etc...I finally am getting it...so honest and refreshing!!!

[@nitinmaster1]

Lovely and Refreshing Interview! Jim is a LEGEND!

[@bradyrobertson23]

3 down to earth knowledgeable dudes- great conversation , thanks alot!!

[@RichardMoglen]

Thanks Brady!

[@harmandeepsingh9496]

Thanks Jim and Richard. Great interview, will watch again.

[@RichardMoglen]

Thanks!

[@Riverpablo]

I didn’t want the interview to end. Sheer gold. Traders should listen to Jim many many times if they want to succeed in trading. Another great interview Richard! Can you guys post Jim’s podcast? I can’t seem to find it.

[@grumpyjim9045]

Richard, one of (if not) the best interview yet. Even for this crusty old dog of an investor, I learned a bunch. Jim and Ryan are top notch.💯🚀🚀

[@RichardMoglen]

lol! Thanks Jim

[@fruitplatter522]

Another nice interview from Richard, love Jim as hedge fund manager being so frank, very straight straight forward answer. Apricated the interview. I always thought hedge fund was keep shorting the growth stocks sector, but we don't know what other hedge funds are doing, but the market is currently down trend, that's pretty obvious.

[@figgy163]

Excellent interview, listened while driving to and from work today. Thanks to both 👍

[@RichardMoglen]

Our pleasure!

[@jamesdoyle59]

Great 👍 Job Richard. Jim was great! Another awesome video presentation. I seem to say that often with your work!! Thanks.

[@RichardMoglen]

Glad you enjoyed it

[@lelouch111]

Jim became chiller and chiller with each new video with Richard lol love it

[@golfjunkie15]

Hi Richard - do you have the title of the book that Jim Roppel mentioned at the end of your last interview with him? I couldn't catch the title when he said it. Thanks

[@RichardMoglen]

It's by Adam Sarhan

[@juiceandmeat]

The best no-nonsence trading youtube channel by a mile!

[@RichardMoglen]

I truly appreciate that thank you!

[@fishingva9946]

Seriously. People talk about zip trader and Larry jones. Those guys don’t hold a candle up to this content if you want to Learn how to trade.

[@juiceandmeat]

@@fishingva9946 100%

[@basschalice]

Some sales guy: "Jim, how many monitors do you need?" Jim: "Yes"

[@RichardMoglen]

lol!

[@PopPop0424]

If you look close.. almost all are upper left . Lower right. :(

[@bobsiddiqui]

Great interview. Learned a lot about mindset. Thanks Richard and Jim!

[@pfunk6945]

Thanks for sharing all these great videos. It's encouraging to hear smart, talented traders share their perspectives and their struggles. It makes me feel like I'm on the right track.

[@RichardMoglen]

Glad you like them!

[@set1896]

Awesome interviews, thanks Richard & Jim

[@RichardMoglen]

Our pleasure!

[@michaels4084]

Great interview. Helps to keep one focused and motivated during this downtrend.

[@RichardMoglen]

Great to hear!

[@fishingva9946]

Dude you put out so much quality content idk how I’m going to get enough time to watch it all haha.

[@RichardMoglen]

ha! hopefully a good problem to have. have a great weekend!

[@tlomupo]

Hi Richard - do you have any financial indices futures traders on? Or and plans to? Would love to see it.

[@RichardMoglen]

Hi Tony who would you like me to interview?

[@maddoxbromley6426]

What is the name of the author adam ??? that he plugs at the end for the book on psychology??

[@RichardMoglen]

Adam Sarhan

[@davidworrell86]

How am I just finding your show? Great stuff, thank you for the free content 💪🏼🙏🏻

[@RichardMoglen]

Welcome to the channel David! definitely check out my other interviews

[@dhananjay6028]

Great, please bring more people related to cypto. Want to learn more.

[@RichardMoglen]

I'll do my best thanks

[@Tprovinzino]

Richard great job with Jim he is one of my favorites! For a future guest idea, how about you get one of the 20 politicians that beat the S&P 500 and see what we can all learn from those part time traders.

[@RichardMoglen]

Thanks and lol!

[@philipradunchev]

Jim is such a cool guy. Thanks Richard

[@RichardMoglen]

My pleasure!

[@syedjamal2701]

I absolutely love all Richard's videos ending music 🎶 tone. So good.

[@RichardMoglen]

Ha thanks!

[@user-og9qw7tj8p]

how to track declining AD in trading view?

[@pressrepeat2000]

Hey Richard, sorry you may get this question a lot, but what camera are you using for these streams? And any lights or anything else? The quality is superb. I’m looking to upgrade my kit so it looks better on video calls or streams.

[@RichardMoglen]

Hey! I use a canon 80d dslr which is a bit overkill and I have a 50 dollar softbox light from amazon

[@pressrepeat2000]

@@RichardMoglen Thank you! Does it work for video calls? As it looks like you’re taking live on these great interviews (eg the other person sees your feed)? Or do they see you on a webcam, and this is filmed with the Canon at the same time? The quality is really incredible.

[@gsingh144]

Thanks Richard and Jim for another lesson. Learn something new as always as no journey is the same, and Jim’s journey is inspiring to every trader 👏👊💪

[@RichardMoglen]

Some really key ideas discussed in here enjoy!

[@trystanhughes8859]

Some great comments in this interview. Thanks, Rich! What is the psychology book referenced at the end?

[@lazaruswws2056]

Hard to hear but I believe it is, Psychological Analysis - (Wiley Trading) by Adam Sarhan

[@trystanhughes8859]

@@lazaruswws2056 thanks. I thought it may be that. Due for release on Feb I believe (in the UK anyway!)

[@jackfortune5820]

What is the psychology book recommended at the end? Thanks, awesome video from Jim

[@saketsohan7578]

Psychological Analysis By Adam Sarhan

[@jackfortune5820]

@@saketsohan7578 thank you Sir

[@berks12383]

This is awesome interview!

[@RichardMoglen]

Thanks!

[@javibash]

Sorry , what meaning TML?

[@RichardMoglen]

True market leaders, a leading growth stock

[@pliskin11]

Thanks 🙏

[@RichardMoglen]

Welcome

[@pliskin11]

What a TML is?

[@RichardMoglen]

A true market leader. leadership growth stock

[@pliskin11]

Thanks Richard!

[@cnaccio]

I love this guest so much.

[@RichardMoglen]

Jim is great!

[@CezaryBlawat]

Hell ! That was nice :)

[@RichardMoglen]

Glad you liked it!

[@MTN1234-]

Thanks very helpful great stuff

[@tinyjungle_]

Does he mean GLD etf?

[@RichardMoglen]

Yep! Gld

[@s_w_c]

Whats up with the skulls?

[@swiss-man7733]

Great interview thanks you both

[@RichardMoglen]

Our pleasure!

[@azamat_kalam]

Hey Richard Another great interview indeed! BTW, what kind of video would you recommend where I can find full criteria for scanning growth stock opportunities? If you’re able to list all of them here would be great too! Thanks, much love from Kazakhstan 🇰🇿

[@mikeadaml]

Thank you coach

[@allanwold996]

Awesome!!

[@RichardMoglen]

Thanks Allan!

[@allanwold996]

@@RichardMoglen Your more than welcome. Have a great weekend buddy!

[@mohammadfarzan230]

Thanks

[@RichardMoglen]

Welcome

[@Max-hs5yf]

Hi Richard!Love your interviews so much! Could you invite David Ryan to talk about the current market ? I miss him so much! Thank you so much:)

[@RichardMoglen]

Hi Max thanks, I'll see!

[@syedjamal2701]

Couldn't agree more!

[@davewave36]

reading 'The Perfect Stock' by Brad Koteshwar, Jim reminds me of the skilled old timer in the story. Same timeless truths.

[@RichardMoglen]

100%

[@kgupta2205]

38:00 how to handle corrections

[@jmartinez562]

What's a TML? Google Couldn't Find the Answer.... Thank you in advance :)

[@RichardMoglen]

True market leader or model book stock.

[@baraknamer5275]

Great!

[@RichardMoglen]

Thanks!

[@jrtill5585]

Im in search of an options spread answer to Im going to post here because there is a lot of knowledgeable people. Lets say I get a signal on qqqs or any stock and I believe it will go up 4 to 9 points in this next 2 to 5 days. Whats the best call.spread width i should you and how many days to expiration? Im not trying to spam Richard's videos its a legit question and Ive racked my mind trying to figure it out. So 4 to 9 or 10 pont move and i want to use a vertical spread ; best expiration and what spread? ITM, OTM,ATM? Thank you and and happy 2022 in trading!!

[@karips49]

31:45 pure f***ing gold

[@Jamesbond99999]

Hedge fund manager trading cryptocurrency. Wow

[@trender100]

Scammer hoping suckers buy in so he can get out before it crashes..

[@tohellwithuga]

Lol the sections "Drunkenmiller"

[@RichardMoglen]

Lmao my bad tupo

[@KevinStacks]

One takeaway I think is great is that you don't need to be a genius to grow and manage a 100M plus book. You just need to play the game the right away. In this case the game is position trading and the key to successfully playing the game is with strict set stop losses.

[@kbeale1]

If I could pick three people I'd want to trade with in a war room every day, it would be Jim, Richard, and Oliver Kell. Full stop.

[@RichardMoglen]

Thanks for including me Kevin!

[@nwaleed01]

Great interview as usual .. lot of learnings .. I watched all of them. One suggestion for future videos: can you put the date when the actual interview took place? It will give much better perspective of when the guest gives an example of (today's or yesterday's action). Was it 14th Jan? 12 Jan? or may be 5 Jan?

[@robertlopez9347]

The market moves so fast. If you don't take your profits, the market will take them back...

[@Chris-wk8nu]

Jim roppel reminds me of jim Carrey a little bit lol

[@rune54321]

Haha Jim is great

[@RichardMoglen]

100%

[@calib3r983]

The point re-emphasized by Ryan at the end is really useful now - You have to earn the right to confidence from having experienced multiple bull/bear market cycles. By being able to protect your capital w persistence & fortitude, you'll be able to re-deploy capital in the ensuing bull market.

[@RichardMoglen]

Great point!

[@berlin5403]

He is can play Bobby axelrod .

[@markashley5190]

"America controls the world with it's military..." - c'mon Jim the US ran away from Afghanistan!

[@robertlopez9347]

Mark Minervini generated over 330% last year taking smaller gains. The power of compounding. I think Mark said he started the US investment championship with $1,200,000. So Mark grew his money to $5,160,000. I think Mark said he doesn't care about paying short term capital gains tax.. so if Mark pays a 50% tax on the gains, mark will pocket $1.9 million.... The power of compounding.

[@RichardMoglen]

Different styles based on different account sizes, Jim can't trade like mark while managing his fund

[@robertlopez9347]

@@RichardMoglen True. Different styles. Different outcomes.

[@nathanabrahams5305]

richard could have picked up on a lot of gold that Jim was saying but instead just said "ok, perfect, yeah, understood, right, absolutely, etc..." He missed some serious moments to get gold out of Jim. But I get he was still young here,It's jus a pity. I'm sure Richard will only get better and better given time and experience.

[@RichardMoglen]

always getting better!