120% Return: A Simple Weekly Strategy Anyone Can Use!

[@TraderLion]

📘Take the FREE Ultimate Trading Guide Course: traderlion.com/YT-UTG What you'll learn! -------------------------------------------------------------------------------------------------------------------------------------------------------------- 10 Frameworks: Highlights the 10 pillars of any trading system. Strong Foundation in Trading and Technical Analysis: Build or reinforce your technical analysis knowledge. High-Quality Trade Ideas: Learn how to identify the best trade opportunities consistently. Proven Strategies: Gain new edges and strategies that have been effective across various market cycles. Personalized Trading System: Develop a trading system tailored to fit you and your lifestyle. Consistent Profitability: Evolve as a trader to achieve consistent profitability.

[@alphabeta8403]

6:25 Weekly charts 13:00 Mentors 18:50 2024 stats 21:50 ONON example 31:15 SMCI 41:30 *APP* 1:07:10 Have a trading style that works for you 1:10:10 *Weekly charts allow you to NOT look at the market every single day* 1:13:30 Self-awareness; FOCUS 1:16:30 Risk-Reward; SPECIALIZE

[@fauxbot5000]

My god, FINALLY a trader that doesn't insist on buying in strength. Thanks for this great video

[@TraderLion]

Many ways to make money in the markets!

[@cdarbonne]

Couldn’t see the curser as Nick is explaining entry and exit of ONON on the weekly

[@atlargera]

Entry around the 3rd low on that diagonal line

[@lettermanstud]

the coordinates on the edges

[@rune54321]

Nick is the one I relate to most on your channel. Thanks!

[@TraderLion]

Nice! Hope you enjoy this one then!

[@gamemusicmeltingpot2192]

Hey Richard, next time you have a guest on, can you ask about the parallels with the index action during their entries? For example, in some market scenarios none of the strategies for going long will work. So when these traders are showing you their successful trades can you pull up the index for the same period to show us what the market was doing at the time so that we know what to look for in general market action also? Thanks for this BTW :)

[@TraderLion]

Great point. Noted

[@grltrader]

Great video but I couldn’t see his cursor for a lot of this video, super annoying because he made several references to his chart levels. Appreciate TraderLion and the content

[@EvanEvansE3]

Super annoying

[@edofio2994]

Watch the price scale on the right and you will see which price level the cursor is pointing. Not ideal but at least you get it...

[@TraderLion]

Thanks for watching and the feedback. Will improve for next time.

[@meanjeanslo]

Yeah, that made it a little harder to follow along. Hopefully it gets fixed for next time. :)

[@tomato778]

Thank so much Richard for bringing in Nick

[@TraderLion]

No problem!

[@Phi4236]

Richard - Thanks so much for these interviews. Like other commenters have noted, in many of the recent interviews the viewer cannot see the speaker's cursor, and in many other videos the charts are too zoomed out to see the price action in any detail (I'm thinking of the interview with Leos). If you're able to fix these two issues it would go a long way towards helping us follow along. Thanks!

[@TraderLion]

Thank Phi, will take into account this feedback

[@stuartselig]

Nick offers great lessons on avoiding the pitfalls of overtrading and self sabotage. He points out the wisdom of weekly charts, risk management and trading less as a way to improve your equity curve. Please keep the videos coming.

[@TraderLion]

Thank you!

[@mikeallen2097]

An incredible interview...simply priceless. Informative, honest and very helpful. Richard & Nick thank you very much. Both part of a great team with Ameet Rai and Ross Haber...TraderLion. Another classic interview! One to watch over and over! Trading nuggets abound!

[@TraderLion]

Our pleasure!

[@ps7857]

Amazing insights by Nick. Very impressive. 5% traders make money and 95% investors make money because trading is just like any business (as shown by NICK) which requires a Process, Discipline and Patience. Thanks a lot Richard for interviewing him and asking great questions as usual. Does Nick ignore fundamentals completely?

[@TraderLion]

Hey! I don't ignore fundamentals but price/volume is always number one. I like to look for quarterly EPS/Sales growth acceleration for 3 + quarters, it helps me usually identify which of my focus stocks are probably worth more attention and its also much nicer to have a stock that makes money because more of a chance big institutions are on your side and less of a chance some bad news or something can just destroy the stock if fundamentals werent there! - Nick

[@ps7857]

@@TraderLion totally agree. thanks

[@ps7857]

@@TraderLion do you see PE ratio or you dont care if its above 100 or any number?

[@leihe5215]

great interview, I have 2 questions, hope can get clarified/helped with: 1. since Nick's holding time is for months, is fundamental playing any weight in his analysis or it purely based on chart analysis? 2. when was exactly he changed his style to long term and how consistence his perform since then? why I am asking is as 2023 Nov was a turning point of market, his style to catch the turn was just fit the cycle of the market, how this style was doing during past some years? thank you!

[@wohinmitdemgeld584]

I have been waiting 4 this. Thank you! Good reminder to where I come from and want to go back to. Guilty of overtrading. Will warch it again from time to time to stay focused.

[@tomato778]

Same here Nick is a calm voice in the world of trading, I like his peaceful style. It brings so much clarity in to this madness of trading. His weekly charts are a eye opener.

[@TraderLion]

Glad to hear it guys!

[@jordann1599]

Great interview that I've been waiting for, thank you guys! Quick question: The UP on Volume scan - what are the conditions?

[@TraderLion]

Glad to hear it. Regarding your question, it is a preset on Deepvue.

[@TheAnnieApplePie]

Truly enjoyed this lesson. He highlighted the weekly charts and avoiding the daily up and downs that I've allowed to kick me out of a good trade. The emotional discipline and patience reinforcement is something I need to hear often. Thank you for a great video & lesson Nick and Richard!

[@TraderLion]

Thanks for watching!

[@SmuTube77]

Thnx Nick. How often do you re-enter a Stock after getting stopped you out and do you have set rules for it?

[@TraderLion]

Sometimes I will get stopped out 3+ times before it finally works. Anytime I buy back after getting stopped out its the same thought process as buying the first time.... just can I manage risk and is the R/R good? - Nick

[@lilywucain8836]

Great episode again! Richard is a such great host and interviewer! Always learning stuff from your guys! Appreciate all the work and effort!

[@TraderLion]

Our pleasure!

[@jaiminmarfatia]

Very nice presentation and loved the chart walkthroughs. Thanks Nick and Richard. 😊

[@TraderLion]

Our pleasure!

[@ongoingnews]

You are both amazing !!!

[@TraderLion]

Thank you!

[@Mani_SV]

Awesome! Thanks for the interview, Nick!

[@TraderLion]

Our pleasure!

[@chunkironchest]

Nice! Patience is key!

[@TraderLion]

You get it!

[@WeRBrainyBreeze]

Amazing insights by Nick!

[@TraderLion]

Thanks!!

[@TraderLion]

Thanks! Glad you enjoyed it!

[@nortongene1717]

Hi Nick,thanks for sharing your knowledge!When you enter the stock,you buy it right away as it touches the 10 weekly or do you wait till end of the week for the candle close?Sorry for asking if you mentioned already in the video;) cheers, norman

[@TraderLion]

hey! i don’t wait for the candle to close - Nick

[@MDK-j2h]

Honest and insightful, thanks!

[@TraderLion]

Glad it was helpful!

[@pipcampbell6274]

Thanks Nick, really helpful. Interested in your buying on weakness within the overall uptrend. Do you have criteria for this- e.g. are you trying to get within a percentage zone of a moving average?

[@TraderLion]

I wrote a little about my process here: x.com/nickschmidt_/status/1841922158542401787?s=46&t=2xfQMPxuQEqdjEjZOHF-yQ Mostly want to just see a higher low and support either at the 10 or 30 week moving average!

[@pipcampbell6274]

@@TraderLion Perfect- thanks!

[@glasgow757]

Hello there, really loved nick's simple approach. I just wondered what charting/screening software he is using there and does it hace the ability to screen for the three quarters of rising earnings in the charting package..? Thanks again for all the info

[@TraderLion]

Nick uses Deepvue for charting/screening. Yes, it does!

[@birsha3986]

fantastic interview, for someone who prefers slow and steady growth on weekly timeframe. Very simple strategy based on market structure and few moving averages, thanks for the insights ❤🎉

[@TraderLion]

Glad it was helpful!

[@aliciainireland]

I wanted to ask Nick, since you're using 2 moving averages, do you put any weight into the appearance of golden crosses? As I've started trying out this approach, I find myself drawn to names that show a golden cross, but I'm not sure I should be. Thank you again for this video!

[@kazeem786]

Love listening to Nick’s insights. Thanks both.

[@TraderLion]

Thanks!

[@KennyStratton]

Great episode, guys!

[@TraderLion]

Thanks Kenny!

[@pokepals4840]

This has opened my eyes, thanks 👍

[@TraderLion]

Great!

[@CraigMasters-cv5ul]

This was excellent!

[@TraderLion]

Thanks Craig!

[@aliciainireland]

Incredibly helpful video. Thanks very much, Nick and Richard!

[@TraderLion]

Glad you enjoyed it!

[@augustohofmann7286]

Such a great video!! Thanks again Richard!!

[@TraderLion]

Glad you enjoyed it!

[@drsandeeppatilepicare]

Awesome video…lot of take away for improve your trading journey 👍

[@TraderLion]

Glad you liked it!

[@davidbond9783]

Brilliant interview. Thanks

[@TraderLion]

Thanks David!

[@pateljay1723]

Love it ❤

[@TraderLion]

Thanks!

[@strike0ne]

Do you hold through earnings for this style of trading? And how would you know when not to hold through earnings?

[@TraderLion]

Yes I hold through earnings it’s part of my process. I need to have a cushion though. If I don’t have at least an 8% cushion going into earnings than I will sell first - Nick

[@kluts4883]

Great video! The volume indicator, is this a custom DV indicator? What is the name of this volume indicator? Thx

[@TraderLion]

Enhanced Volume!

[@CraigIvy-uy8ue]

Nick, great inspiration and content. Curious to what you would do better on the APP mistakes? I'm not really seeing why you would have done things differently. Especially on the big down day. I would have been protecting those profits.

[@TraderLion]

That big down day was after a couple other big down days. I reacted emotionally instead of doing my plan. I should have let the market open and gave it time to see how it handled the big stress test instead of just tossing. So either I could have been more patient and watch how the market reacted from the gap down or I could have been more aggressive and protected profits before that day even happened! - Nick

[@dr.rameshgohil]

Congratulations sir for achieving 100k subscription

[@TraderLion]

So nice of you! Thanks

[@maz5202]

Loved this one! Is there a way to share Nick's layout on Deepvue so we can set up charts like this too?

[@TraderLion]

Thank you! We are working on sharable layout links so any Deepvue users can share their layouts with a click of a button. Will post them on Twitter/X when its available.

[@darrenwendroff3441]

When Nick refers to the Equity Curve, is he referring to the stock itself or the trader's equity curve in terms of trading bigger when one is up and slowing down one's trading when it's down? For example, higher lows, commit more and lower lows bet lower?

[@TraderLion]

The traders equity curve

[@vodermore]

Great video! Do any of the tradelion members trade pre or post market? What if you have a long position and you see the price is dropping after regular hours! Will you cut losses at the post market or you will wait till the next day when the regular market opens? Thanks !

[@TraderLion]

Some of us will enter pre or post if there is a reason, or sometimes sell some profits if its up big aftermarket. Most trading is during regular hours though!

[@vodermore]

@@TraderLion thank you for the reply!

[@JoeTalksFinance]

Hey guys love the video. I have some commentary. It would have been nice to see/hear why you were buying HIMS with all that overhead. What was the mindset that pointed to this as the best opportunity at that time. I get the up on volume scan which is helpful... I do believe myself it is best to avoid big overhead like that because HIMS was a rare and I believe the probability is better - generally speaking - with names closer to new highs or new highs for the last 1.5-2 years. I could be wrong but I think that is generally accepted as reasonable. maybe this a topic for future coverage

[@TraderLion]

Thank you for your thoughts!

[@Waleedtariq95]

Just Brilliant

[@TraderLion]

Thanks!

[@mtnj8599]

Who is Ry and Ross that Nick is referring to? do they have a Twitter profile?

[@TraderLion]

Rai and Ross are the other co-founders of Traderlion and awesome traders. Search Ameet Rai and Ross Haber on Twitter (X) to find them.

[@DustinHallen]

What are the conditions for the volume bars to show in color on this chart?

[@TraderLion]

In deepvue the indicator is called enhanced volume. The colored volume means the volume is above average + the candle also closed strong (upper 50%). You can set the colors to be whatever you'd like but I set my others to be dark because I only pay attention to those above average strong days/weeks. - Nick

[@DustinHallen]

@@TraderLion much appreciated, Nick! Your approach gets rid of a lot of noise!

[@EvanEvansE3]

Can't see the cursor. No idea where he's pointing 🤷‍♂️

[@MaxProfitMillions]

Where can I find a smimilar stock screener? Or can you give me the metrics so I can try and replicate it in think or swim?

[@TraderLion]

Deepvue.com

[@Carol-cb9yu]

Useful

[@TraderLion]

Thanks! Glad you liked it!

[@achillez16]

Whats that volume indicator that he has that only shows high volume on days that close over 50% ? I dont see it in deepvue

[@heikooder1034]

Google: traderlion enhanced-volume-for-smarter-stock-picks. Nick already published something regarding this topic

[@GurpreetSingh-2k]

100k love from india🎉🎉

[@TraderLion]

Thank you!!

[@rajatpai5048]

How do you create that volume indicator in DV? Is there an option to create custom script?

[@TraderLion]

It is an indicator in DV called Enhanced Volume. I then only color my strong up volume days (written as pocket pivots in the indicator) and I make everything else gray - Nick

[@rajatpai5048]

@@TraderLion thank you…that’s helpful!

[@samueljohnisonline]

Which broker chart was Nick using is it trading view?

[@TraderLion]

This is Deepvue

[@drdontpassone8164]

other than cursor prowess great guest😄

[@TraderLion]

Thanks! We'll fix the cursor issue for next time!

[@traderphil1967]

Great video...when will the scan for stocks that have been in a downtrend that have changed character be ready and available to Deepvue subscribers?

[@mujeebkottayi6554]

KZbin should give option for multiple likes 😊

[@TraderLion]

Haha, indeed. This is gold!

[@fredpayne1631]

This will be my inspiration for 2025!

[@TraderLion]

Thank you!

[@AlexanderDiArmani]

Who is Ross? A few people mentioned him but I don't think I have seen his videos.

[@TraderLion]

Ross is one of the legendary traders. Look up the About Us section of Traderlion for more details

[@jerseyjeeper1575]

What platform is he using there?

[@TraderLion]

Deepvue

[@lapampa4296]

Can someone share the 2 moving averages Nick is using on the weekly's?

[@TraderLion]

10 week & 30 week !

[@aliciainireland]

@@TraderLion I had the same question! Is it SMA or EMA?

[@milagrosroman9978]

Who are rye and ross?😮

[@TraderLion]

Ameet Rai and Ross Haber - cofounders of TraderLion. Here's their X accounts if you want to follow: Rai - x.com/AmeetRai_ Ross - x.com/RossHaber_

[@user-lk3oo5uq4z]

Who is Ry? Who is Ross?

[@TraderLion]

Ross Haber

[@drdontpassone8164]

ry / ross...last names please

[@TraderLion]

Ameet Rai, Ross Haber!

[@Hanzothedach1323]

We cannot even see the cursor. Great trading insight, however. Thank you

[@TraderLion]

We'll get it next time. Added it to our video process, thanks!

[@ScalperSpecltr]

Richard, the guest's mouse cursor can't be seen when he was showing his entries and stops....

[@TraderLion]

Thanks for bring it up. We have noted it and improved in our newer videos.

[@litvlogs1115]

He didn't show the pointer on screen at the of buy stock or sell..

[@TraderLion]

We'll get it next time. Added it to our video process, thanks!

[@lettermanstud]

Nick needs a couple other moving averages to use as exit criteria.

[@Fenix_Trader]

❤🙏

[@TraderLion]

🙏

[@skunkape5918]

☦🕊❤

[@TraderLion]

👍🏼

[@tonykonig2068]

Cursor visibility is key 😢

[@TraderLion]

We'll get it next time. Added it to our video process, thanks!

[@gamo2540]

great method, but i cant see specific buy, sell points because his cursor keeps disappearing

[@TraderLion]

We have noted it. Thank you for your feedback.

[@milagrosroman9978]

So he only uses weeky chart for entrys and exits

[@TraderLion]

Mostly! Daily charts are good to pinpoint entries on pullbacks but the weekly charts show the bigger picture.

[@user-pf3ow1tu3f]

Can’t even see his cursor, c’mon you can do better

[@TraderLion]

Sorry about that, we'll make some adjustments for next time. Thanks for the feedback!

[@EvanEvansE3]

@@TraderLion Appreciate it please thanks

[@lizardkamal]

Can't see his cursor. So can't interpret what he's explaining fully.

[@TraderLion]

Sorry about that, we'll make some adjustments for next time. Thanks for the feedback!

[@abhiisfab]

WRBY has broken out.

[@TraderLion]

Let's go!

[@daveo1150]

Ry who?

[@TraderLion]

Ameet Rai, co-founder of TraderLion and Deepvue!

[@grltrader]

I miss the old roaring intro :(

[@TraderLion]

Maybe it’ll make a comeback someday!

[@monterson4472]

Please don't bring Qullamaggie here. We don't need that boomer here, especially if he's not having any respect to David :/

[@TraderLion]

😂

[@luckyskivvy6077]

Market environment dictates trading strategy based on personality. I don't trust any long-term swings because of high volatility. I'm only taking day trades to grind out cash. I trade long-term term when stocks are clearly above or below the 50/200 day moving average.

[@apoorvsingh_ASR]

Follow this....stay in it as long as 21ema is above 50ma and take it right then or close to 21ema. And exit once 21 ema breaks 50ma...

[@TraderLion]

💪

[@BOS_1982]

Another gem from Nick & Richard - THANK YOU 🙏🙏

[@TraderLion]

You're welcome!

[@L1amTill]

Loved this interview. Thanks Nick for explaining things so well.

[@TraderLion]

Glad it was helpful!