Trend following, risk management & long term survival w/ Jon Boorman (stock trader)
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- čas přidán 6. 04. 2016
- EP 043: Buying stocks in uptrends, managing risk, and tips for long term survival w/ Jon Boorman (trend following trader)
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@42:00 - TrendFollowing Summarized
@46:25 - IBD example
@49:35 - Why trendfollowing?
@51:50 - Pros and Cons of trendfollowing
@53:55 - Why long only?
@58:58 - Approach in bear market(cash)
@1:01:13 - Approach in overall bear market
@1:03:11 - Fixed position size? @1:05:46 - Advise for small acount
@1:07:55 - responding to loosing streak
@1:11:30 - Resources for learning
@1:13:50 - Long term survival tip
@1:15:14 - how to connect to Jon
Rest in peace, I learned so much from you. Thank you for giving out all this information...
His last words on twitter are worth the read.
is he no more? am shocked!
@Malakai Edward i tried but after installing my pc got locked, and asking me to pay!
"I'm just not sure that you can teach that I guess you have to learn it" love it
RIP Mr Boorman, what a class act. Reading his final tweets posted by his better half are exceptional reading. RIP Respect
What do you mean RIP?
This is the best thing I've ever heard. Add to listen two times
Aaron - thank you for what you're doing. I've listened to a lot of episodes at this point, and I can tell a difference in your newer ones. There's a certain nervousness in your voice that has vanished, and your interview quality has improved immensely. This is one of the best resources I've found for learning about trading, so please keep it up!
John Boorman has a A+ trading methodology. Great insight. Keep up good work Aaron.
Aaron, even 2 years later these vids are wonderful. Great job mate. Your interview style is great.
You mean he asks a question and then shuts up for long periods of time ? 😁
@@ImmyYousafzai Thanks for the reminder, I listened again and didn't change my mind 3 years later. RIP Jon.
John Boorman has a AAA+ philosophy on trading psychology and risk management. He is one to be followed.
1:06:22 big pointer: "smaller accounts should stick to longer timeframes"
Trading is not an exact science but he's got a point there, this may be a good general rule. exceptions apply but just a very small minority.
It was one of the most useful video for learners. Thanks Chat with Traders. RIP Jon. I will remember your valuable advice.
Thanks Jon, Thanks Aaron.
Very insightful and quite close to reality of trading experience.
Another of your excellent one Aaron.
I Haven't Been Listen To Your Channel I Been Emerging Myself In It, listen to you at home, in the car, & at work.
Great interview!!
Great
Technical
1. Psychology
2. Learning Process
Listen to this at 1.5x Speed.
Thanks
Heck, I did 1.75x because he talks so goddamned slowly.
He thinks about the words to say before saying them, very nice to have someone think what is the best way I could say this.
That's good, they both talk slower. Maybe Americans just go too fast?
@@ecboorman8252 I absolutely agree.
your interviews are gold Aron, thanks dude. cheers from colombia
Great episode, long only commentary was particularly interesting
Thank u very much!
This is the holy grail
Nice ! one experienced trader..!
Great listen! Where can I find the psychological profile test by Jason Williams that he mentioned?
Was robinhood not available when this interview took place? Since there is no trading fees now I would be interested to hear Their answer regarding small account risk management.
These are gold
Why your videos does not has subtitle option ? Can you enable this feature when upload videos no ?
very great mind, like the way this guy thinks
+Homeal Gordon - yeah, Jon was great to speak with. You can hear other interviews I've done with trend followers here: chatwithtraders.com/tag/trend-following/
You don't have to short the stock. Instead just buy a put option or sell a credit spread at least 60 days out of the expiration.
Can you give example
*Keep it simple and price action*
Just like how really good golfer sticks with a draw or a fade, takes half the trouble of the grid.
pourquoi ce n est pas traduit s il vous plait
It's OK to have a passion for trading but if you are trading for excitement or ego gratification then you are going to get crushed by the market!
39:00
OK So,Joshua Martinez put something up yer ....
5
47
Sounds like he's been heavily influenced by William O'neil as well. O'neil only trades from the long side and he mentioned IBD which is an O'neil service.
He looks the new x men prof Xaiver
LMAO I JUST SAW DAYS OF FUTURES PAST
the guy is really conservative ...reducing and eliminating really good oppurtunities from the market....
RIP :(
Let me ask a specific question! what connects the economy fluctuations and the millions of trades for billions of pounds, the variations of which change momentarily, to the graph movement. Let me give you the answer incase its to complicated, NOTHING THAT ANYONE KNOWS OR EVER WILL KNOW. Trading strategies are purely a style of playing and cannot predict when the graph will change direction. There is no point having a method because the graph movement does not have a method.
RIP
Trend following is basically swing trading, no?
No, when trend following you are buying in the direction of the trend.
Swing is more buying the turn or change of direction / trend imo
I guess you can mix almost anything.
Like trend follow a swing.
Myself i swing the pullback in a trend
Trend following has the potential to hold a position much longer than what most people would call swing trading. Trend traders can hold positions for several months if everything goes well.
the problem with Aaron videos is that 70% of his videos are just general concept, the secret trading concepts are only 30% of the whole video. its a waste of time honestly....