That's great ! Can you please tell me based on what criteria do you set your trailing stoploss?

Hi Kedar. My stop loss is set according to my position size against my risk reward ratio. So, for example if my risk reward ratio is 1% risk : 1.5% reward (investment is $10,000 so 1% = $100 is the risk and 1.5% = $150 reward) I trail my stop behind the price as the position goes up at 1% or less. Also, I take into account the nearest support price beneath the current price and assess the risk from there. I am very discretionary in my system and prefer to use my judgement rather than rules.@@kedarbikkannavar5907

adding the pullback wait makes excellent sense

A successful variation I've used is waiting after a surprisingly strong earnings announcement b4 scaling into a position using small lots as the price (often) pulls back. Market Makers--in concert with large institutions--will artificially walk a hot stock's price down to accumulate more at a cheaper price. (Before walking it artificially back up to sucker--and sell to--retail buyers at higher levels.) *Always remember: stocks don't simply "move." Rather, stocks ARE moved!*

Love the Pullback entry

Wonderful! Thanks Wills🙏

So are you a successful trader at least?

​@@Trancer006 he's commenting on KZfaq video about teaching a method to trade after 40 years I mean if you don't have your own style by then I'd say he's not successful for sure

@@osmanosman401 not sure who you're attacking buddy

Thanks The Investment Doctor - Nice channel!

@@theinvestmentdoctor8178 great..

It can be very profitable cause there are no resistance above.

@@shaiketchowdhury9455 bingo

Hope you have made lots of money till the date .

can I ask you what your return % is, winrate and average risk to reward is?

Trading can only take 5 minutes a day.

@@momentumstocks3493 That does't mean it should. 🤷🏻‍♀

It's best for traders to look for trades that have an edge over the market

I have heard much about this Mr Kent and he's amazing strategy. I will be grateful if you can give me a reachable way I can easily talk to him

Wow, who else observed his trading strategies last week was boom. I'm so happy I traded last week

A = THE

SCAMMMMMMMM :)

Thanks Lou - Absolutely, trading at a 52 week high is against what many people believe, which is often the opposite i.e buy low and sell high.

Thanks

what do you mean by 52w high?

Unfortunately,, that is not the key.. Trading with the trend is the key..

@@raymondphilip6232 couldn’t see the key...what is the key?

Many thanks!

Not important at all. It was simply trend following on great stocks in a bull market.

Your welcome.. Good luck!

Look for Steven Dux Trading techniques. Perfect strategies. He adapted the box strategy on Daytrading with some other important Criteria

@@smarthelp1641 Have you got a link, I tried to find that video and couldn't find it.

Hi Nicolas, thanks for your detailed comment - You could well be right in terms of the disclosure of his entire thought process i.e the fundamental aspects - In my honest opinion I cant believe he covered all the US stocks, without, as you suggest, access to a screener this would be an impossible task. Perhaps luck was in his favour for some of the selections he took, who knows. What I would say however is that the theory presented to us is very sound and is very closely aligned to the process I use - A breakout with volume and an objective stop for good risk management. In essence this promotes that platform for good risk reward trades and over time with the law of large numbers its likely the strategy would be profitable, the addition of fundamentals which I combine have made this approach considerably profitable for me, with manageable drawdowns. Yes COVID will have put an end to most 'mechanical' based systems but this only reinforces the need for proper risk management. Thanks for your contribution and good luck!

most breakouts turn out to be bullshit ~ russell sands

electronic trading and higher volatility would most likely change his methods if he were trading today

Yeah...he simply trend followed GREAT stocks in a bull market. No system needed.

u made money now?

@@PrinceMGolds Not yet 😂

It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

Well you need someone with the knowledge and skills,someone that can manage your account and trade on your behalf.try expert Emily Jason

Expert Emily Jason is really the best person to contact and ask for help in trading without fear of making losses than trading yourself or lossing funds to scammers.

I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..

That’s true,I’m presently in Belgium,and I’ve tried lots of expert but since i met expert Emily i have been making good funds from her✌️✌️✌️

Thanks Artem🙏

what's the winrate of this strategy?

Glad it was helpful!👍

@jivepatrol6833 Can I ask what your filters are?.... 🙏🏻🙂

@@ashotofmercury - Sure here you go. (1) All time high on price (2) Price as a % of 52 week high > 97% (3) Price > 2x(52 week low), (4) Price > $30 per share (5) Floating supply of shares outstanding < 20 million (6) Max High = Max High (3 days ago or more - sets top of box) (7) Volume rise of 2x the normal 200 day moving average of volume on advancing days. I hope these help and feel free to adjust accordingly. The floating supply of shares can vary for example if we have a stock like NVDA. I would recommend buying when the stock breaks through the top of the box on 100 shares for example and let the stock advance and set up into new highs (and boxes). Darvas averaged up when he was right and cut his losses quickly on a pilot buy of a few shares when wrong. He said one could always buy the stock back at higher prices when/if it started advancing. This method works best in a strong overall bull market where many stocks are advancing and setting all time highs. The market today is over valued and there are just a few megacap stocks setting all time highs. Be careful! Kind regards

@@ashotofmercury - yes (1) Price > 2x(52 week low) (2) Price - all time high (3) Price as a % of 52 week high > 97% (4) Floating supply of stock < 20 M shares (5) Volume on advancing days > 2x(200 day moving average of volume) (6) Recent high not breached for at least 3 days - new breakout point. Another thing Mr. Darvas did was to average up after making a pilot buy. This is VERY wise because if his small pilot buy didn't show a profit he would cut his losses and move on quickly. I have found that when a stock advances quickly it is better to keep piling on at higher and higher prices. I NEVER ever average down and I don't plunge buying several thousand shares of a stock initially. That's a good way to lose a great deal of money quickly. Kind regards

I agree

Great, feel free to share...👍

Stock is more important

Thanks for your feedback Howard - Much appreciated.

Thanks Santosh👍

Very true!

Thanks a lot

HI dont beat yourself up... we all go through the same cycle... the main thing is you learn from it👍

Absolutely!🙏

While this is true, we can't underestimate the power of time and chance, a person can achieve a lot on their own through sacrifice and dedication

Well said

@@susannewade I'm speaking specifically about those newbie traders that don't have the luxury of excess funding to 'sacrifice' in the quest to learn the ropes of trading

@@toddoennis Well in that case, its obviously wiser to hire a professional investment advisor. The only issue here is how does one locate these professionals, they're very hard to find even though most folks would gladly pay for such service. Any recommendations??

Agreed

HI Thomas, Yes the stop loss was hit during the pandemic, using the same weekly breakout strategy we would have re-entered at 3972 on the 7th September. The key is not to base the feasibility on one trade, its a probabilistic game over hundreds of trades. The fact the trade limited risk is the primary objective. If for example the Carnival stock was chosen the stop loss would have been the right thing to do.

@@FinancialWisdom I 100% agree with you, I drew up some boxes and would've entered on the breakout on the 7th of September with you. After reading the book I realised that it's not a hard strategy to wrap your head around, it limits risk and losses but allows for greater profits! Definitely going to be incorporating it in my investing.

That's why I trade with Mrs Theresa she's the best

I thought I was the only one who trades with Mrs Theresa she's really great I have made close to $30000 this month trading with her system

How do I reach her?

I have recovered all my losses and earn more profits all thanks to Mrs Theresa

She’s really good I earn profits every week trading with her system and strategies

Good stuff!🙏

Excellent explanation... Keep it up Thank you

@@mahiyao Thanks Bukkcheria

Could you do a video on what time frames do successful intraday traders use for execution? Is the 1min too noisy

Keep it up🙏👍

Good choice

absolutely👍

I agree

Sure is

Absolutely

Thanks mule! 🙏🙏

Thanks nishideep, much appreciated

My pleasure

Thanks

Thanks!

Possible, if other indicators are not aligned

Thanks for your feedback as always William.

Yes it is a solid foundation👌

Great well done Bilal

My pleasure!🙏👍

true

CANSLIM strategy?

Glad you like them!

Awesome, thank you!👍

Thank you! Will do!🙏

I appreciate that!

Timeframe ?

That’s very similar to Wykoff.

Thanks for watching

You are so welcome

Glad it was helpful!

Can you clarify how to find stocks which satisfy Darwas requirements....as Darwas used change in volume and some technical stuff.... Kindly give some useful advice.. Thanks

Good idea.

More to come!

Thanks Ashok

Thanks Phil 👍

Glad it was helpful!👍

You're most welcome

Thanks Peter! - Much appreciated..

He also used fundamental analysis. He's not simply a breakout trader, though his technical method is. He also traded a much longer time frame than day or swing traders.

Welcome aboard!🙏

Thanks NextBigTrade - Yes there are many similarities.

Thanks so much!🙏

Well said Peter, thank you

Glad it was helpful!

You're very welcome!🙏

Thank you!🙏

Good luck🙏

Thanks Robert, welcome aboard!

My pleasure!

Glad it was helpful!

You are welcome

Thanks👌

When price enters back into the box👍

Thank you so much too!

Glad it was helpful! I have created a screener on the website for this too😉

@@FinancialWisdom I've seen that. But where is the fun when not developing it yourself 😉

So what's your winrate like with this strategy?

Glad it was helpful!

Thanks zack!

Thank you

Thanks 👍

You are welcome!🙏

Thanks!

Thanks David🙏

Hi, Genus is a big company and on most exchanges. I personally use IG Index.

@@FinancialWisdom I m from India, that's why I don't know I tried to find it on TradingView.com but don't find, that's why I am asking for full name and exchange on which it is traded. Like NSE ( Indian stock exchange ), NYSE ( for usa )

Genus PLC $GNS on the LSE. You can tell from upload date and price. And accent.

Thanks, you too!

All the best