Chart Patterns and Gaps in Real Life
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- čas přidán 8. 07. 2024
- Welcome to Class 4 of the Real Life Trading Intermediate Series!
In this video, you will learn more about gaps, extended hours and 3 specific chart patterns that show up OFTEN and of course, how to trade them.
Also Jerremy Alexander Newsome goes in-depth into some analysis on AAPL, which many traders used the VERY next day to totally crush some options!
This video changed my trading life. Watched it three times now!
YES!!!!!! :-)
I am trying to watch all your videos and I always find something new, your tips are something else. THANKS!
THANK YOU SO MUCH!!!!
Always LOVE your videos. I bookmark them if I don't get to view them the day they are published! Great Job, keep the good work! Victor
Thank you so much!! :)
I can’t believe it. Why didn’t I know you existed Jerremy? I could have just learned from you and pay you later as a appreciation gift. I paid 6500 for an online video course and I feel like not good enough information. I like the way you explained everything in here. Thank you.
That's unfortunately a similar path for many. Keep moving forward!
Awesome man. Thanks as always!!
THANK YOU!!!!
Great ! positive ! fun ! video on trading. THANKING YOU ;)
thank you
Solid GOLD! Thank you!!!
slepine001 Yes!!!!! My pleasure
Great video. I love all of them.
Thanks for the comment
I’m taking you out for a drink when my student loan is paid off from trading in real life bro!! 👍🏻 Once I get $3k saved in my brokerage account I’m going to hit the ground running with my 60R and not looking back 😎 Meanwhile I’m soaking up all the outstanding education from Real Life Trading!! Thank you.
Joseph Moore I love it!!!! Keep saving, I drink a lot! Hahahahhaa Jk. You are the man!!!
Thank you so much!!! Your awesome!!!
Heck yes!!!!!! My pleasure
awesome video. thank you
My pleasure sir! Thanks for watching. :-)
Just finished today. Keep em coming 😄
Thanks for the comment
Excellent presentation.. I just signed up.
louman610 Whoooooo!! Excellent news . Thank you
Great videos , top notch tutorials and excellent teaching.
Piyush Rawtani Thank you so much. :)
@@RealLifeTrading Just have one question , at 52 :24 , after the breakout of neckline , 2 -3 candles after formed a penant ,entry at that time would have hit the stop loss . Thank you . I know nothing is perfect in trading, just wish to get some clarity .
Piyush Rawtani No, I don’t think you would have or shouldn’t have. That would have been way too aggressive of a stop move.. =]
@@RealLifeTrading thank you
Nice presentation.👍
Thanks
Hi Jeremy, how do you manage to write text below your intraday entry, stop loss lines? You seemed to be able to save the templates?
Prodigy Defender Yep. You can create your lines and save the templates as defaults. :) Just right click on a line and go to formatting and style
Keepin it going! Quick question. If you're based in Nashville, TN, how come you display EST timezones on your website? Just curious I'm just a couple hours west of you in W. TN.
I AM KEK cool. Umm... The stock market hours are all based on EST and that's kind of the 'status quo' when it comes to a global company setting hours for something. But yeah - if you ever head over to Nashville, let's meet up for a beer or something
I AM KEK cool. Umm... The stock market hours are all based on EST and that's kind of the 'status quo' when it comes to a global company setting hours for something. But yeah - if you ever head over to Nashville, let's meet up for a beer or something
Oh makes sense, learn something new everyday. Sure thing!
I AM KEK Wonderful! Make sure you tell all of your friends about us, like us on Facebook bro! ;)
I just gotta say watching video 2-3 months later... The double bottom on AAPL daily chart post 12/8/16 after the close @ 112.12 worked...lol
Yes sir... In a BIG way. :-)
Where we have to take entry in market...after broking resistance line or price close above resistance/support line...
govind pal You can use market contingency orders, stop limit orders, MOC orders,m and or time contingency orders to get in on a stock ‘only when it closes’ past a strong pivot. :) I hope this is the answer you seek
in india give a stoploss buy order above resistance line
is there a good way to identify higher chances that double bottom retest and goes up(reversal)? or this down trend turns into a double bottom? W that turns to W\ ?
Only way to know is = to be in!!! Wave counts can help A LOT as well... to give you an idea if there is even a chance it's ending a wave 5
Real Life Trading I will watch your wave video again, with this context in mind. Thanks for enriching :)
would u say options are a better return in investment that stocks in a short time frame?
YEp. ROI is always better on options than stocks.
After the double bottom and breakout, instead of waiting for the price to come back down and retest the neckline, how feasible is it to mark a 30% or 50% retracement for your entry?
Very feasible!!!!
@@RealLifeTrading That seems to be the pattern these days. Anything from a gap retracement to a rest period on a stair step up.
Thanks for all of your guidance!
Do you use any scanners ? If not
What stocks do you trade repeatedly ?
And do you check out news on finviz or other stock news sites before getting into a trade ?
And I am a bit lost on how to target a trade using the 2 time frames such as on the daily and hourly charts for swing. Or the daily and 5 min for day trades. I am not understanding how they help each other to make a decision on the trade.
thanks very much for all the great information :)
Steve Gosen I do not personally use scanners. But finviz.com is a great tool and most brokers have scanners. I trade most of the popular tech stocks repeatedly. AAPL, FB, nflx, baba... those type.
Steve Gosen And I'll simply use previous support or resistance levels on the hourly and daily charts to find my targets. AND / OR simply multiply my risk times 2 and sell there :)
Real Life Trading thanks very much for he reply that clears things up for me. one last thing how do you figure out a %2 risk to put your stop at if you don't have any resistance or support to base it off of ?
Steve Gosen Use the previous days low, on the candle. :)
Oh OK perfect thanks again for all the help
42:00 . The longer the timeframe, the stronger the move. You think looking at the weekly or monthly chart work for double tops/bottoms and getting into very long term options?
Well I shouldnt say "move". Replace with "support/resistance"
kdubbw12 Yep! You sure could!!! :)
how do you option trade? do you offer any classes?
OH YEAH!! czcams.com/video/aDOrGKIZ2YE/video.html :-) I've got a few.
What platform are you using to trade?
1coolbrother A few different ones. Tasty Works, interactive brokers, think or swim and some others for day trading using leverage. :)
Real Life Trading is there any particular one you would recommend over the others?
1coolbrother Tasty Works has amazing commissions!!! Followed by Interactive brokers. And then thinkor swim . =]
Can you advice if i plan on weekly options trading, and reside in Malaysia, is Saxotrader okay? Or is there any other broker that better?
Thanks a ton it helps a lot ,and ur laugh sounds exactly like PewDiePie 😂
Thanks
i like your way of teaching.phhheeewww iiikkkk
zodina just a dot in eternity Ha! Thank you very much!!!!
Totally agree. I’ve been listening to trading webinars for the past two years and RLT has been THE MOST helpful in learning how to read the markets. Jeremy, I thank you from the bottom of my heart. Also, I live in Rockwood, TN...just a couple hours away! Would enjoy meeting you in the future 👍