In this video series we are trying to bring focus on various successful traders, investors, their success stories and the processes & systems created by them. Studying their methods and approaches are very important for new-age traders and investors. We have tried to elaborate their achievements by understanding a bit about their life and history.
This is a tribute video towards Richard Donchian who is the pioneer of multiple strategies and principles which are very popular in the market. Today his work, research and knowledge that he shared in his newsletters throughout his lifetime are the foundation of many successful traders and their systems and strategies. He was the first during his days to introduce people towards Managed futures fund, Systematic trading, Rule-based trading, and Trend following. The takeaway is to learn inspiring lessons from his life and the trading method that he followed. The video explains what is Donchian channel indicator and how we can build trading strategies using it.
-----------------
0:00 - Introduction and early life of Richard Donchian
2:00 - 1929 Great crash and learnings from it
3:34 - 2nd stint at wall street and career as a research analyst
4:35 - Introducing Rule based trading
5:16 - Entrepreneurship with Futures Inc.
6:42 - Head of Commodities research at Hayden Stone
7:36 - Problem managing funds and never give up attitude
8:23 - Richard Donchian Passes away
9:07 - Donchian Indicator and Weekly trading system
10:24 - How to use the Donchian Indicator
14:11 - What are the rules of the Donchian Channel
17:46 - How to use DI in SAR, Pattern trading and trend following
19:32 - Donchian Channel Analysis
20:21 - How to use Donchian Indicator on Renko Charts
22:44 - Donchian Indicator digger
23:50 - Key Learnings and Tribute
26:58 - Conclusion
-----------------
The Richard Davoud Donchian Foundation link
www.foundationservices.cc/RDD2/aboutus.htm#Biography
-----------------
#Donchian #52weekhigh #breakout #indicators
Read more about Renko charts on - Definedge Shelf​​: shelf.definedgesecurities.com
Purchase - Profitable Trading with Renko Charts book by Prashant Shah - rb.gy/nqalnw
-----------------
Old stock market footage by
Archive.org
Nation's Market Place
by Dynamic Pictures
The Great Crash of 1929
-----------------
Disclaimer: -
● Futures, stocks & options trading involves substantial risk of loss & is not suitable for every investor
● Past results are no indication of future performance
● All trading strategies are used at your own risk
● None of the content shown here constitutes a recommendation
● Please do your due diligence before taking any trade
-----------------
For Free Online charts & studies:
Just Open Demat account and get access to free and innovative products.
OPSTRA Analytics & Trading Terminal: opstra.definedgesecurities.com
​Zone Web Trading Terminal: zone.definedgesecurities.com
Radar: radar.definedgesecurities.com
-----------------
Free Online Education
#DefinedgeInsight​​: insight.definedgesecurities.com
#DefinedgeShelf​​: shelf.definedgesecurities.com
​​Have Discussions on #DefinedgeForum: forum.definedgesecurities.com
​​-----------------
For details: www.definedgesecurities.com
www.definedge.com
​-----------------
Follow Definedge ​​Securities on Social
-----------------
#Twitter: Definedge
#Facebook: Definedge​
#Definedge​Securities: Definedge​Securities
​​#Instagram: Definedge_
​​#LinkedIn: www.linkedin.com/company/Definedge-Solutions
-----------------
Share your Experience on
#​Google Review: g.page/Definedge/review?nr​
​-----------------
Zone Trading Terminal App now available on
Google Play Store: play.google.com/store/apps/details?id=com.definedge.zone
App Store for Apple: apps.apple.com/in/app/zone-definedge-trading-app/id6443417066
-----------------
#OPSTRA #Zone #TradePoint #Radar #Insight #Shelf
#NoiselessTrader​​ #StockBroking #WithDefinedge​​ #StockAnalysis
#DIMTA #DefinedgeInstitue #Marketपाठशाला​​ #Trading​​​ #StockMarket