What You Need To Know To Trade Cryptos | Larry Williams Special (09.22.21)

Рет қаралды 12,731

Күн бұрын

Larry is back again! The topic du jour is "Trading Bitcoins & Cryptocurrencies." They have become really big markets with a huge following. Larry will share his insights on how to trade them, the problems with them, and the opportunities. If you're a Bitcoin trader, you're going to learn a lot and if you aren't, you will learn a lot more.
00:00 - Intro
00:51 - Do you want to mine or trade?
02:36 - Value Or No Value?
05:14 - The Crypto/Bitcoin Problem
07:37 - Let's Learn To Trade Whatever This Is...
09:04 - Larry's "Fallen Angel Pattern"
12:04 - The Cycles Of Trading Crypto/Bitcoins
14:38 - Seasonality
19:32 - Emotional Reversals
22:27 - Larry's Pinch/Paunch Indicator
25:10 - Follow the "Commercials" Daily Trading
Connect with Larry on his website:
ireallytrade.com
#stockcharts #larrywilliams #tradecryptos
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Пікірлер: 34

@davidburcham7951 2 жыл бұрын

Larry Williams the 'Goat'! Thanks to Stock Charts and Williams for this channel. I inspire to be as great a trader as Williams and I always learn something from all the Williams wisdom.

@mohamedhawary2328 2 жыл бұрын

Looking forward to that October presentation Larry. Great stuff today as usual!

@flips8110 2 жыл бұрын

Opppps, Larry did it again. Great video and information.

@KM-co5mx 2 жыл бұрын

This was awesome! Thank You Sir for sharing your knowledge and wisdom with us 😊 ⭐️

@jetset8090 2 жыл бұрын

As always Larry fantastic content which breaks new ground both in style and content.

@stanislavtuss7118 2 жыл бұрын

Only blockchain technology got value from crypto world . Thanks Larry for new ideas !

@BruHed 2 жыл бұрын

Thank you, Larry! Always valuable information in an easy-to-follow, cordial format. You and Jake Bernstein are my new mentors!

@marctromp2464 2 жыл бұрын

Larry simply amazing, will be attending the Future Course, looking really forward to it ^^ )

@FilippoCordioli 2 жыл бұрын

Great to hear your opinion on cryptos. Thanks Larry :)

@markp3309 2 жыл бұрын

Great presentation Larry! Informative as always.

@stanislavtuss7118 2 жыл бұрын

That pattern fallen Angel that true ...I had bad teachers on start trading , losst all ...long term relationship , money and in long term dept`s ...that was 5years ago and just now like covid started I going back on my feets ! Stay positive everting is just temporary :D !

@pascalyung1406 2 жыл бұрын

Larry the great teacher!

@michaeldennis9090 2 жыл бұрын

Thanks Larry this is a great video. When is the next commodities training course? Is there a last one before the end of 2021?

@navketan1965 2 жыл бұрын

I would add that for intraday trading most important trend is 15 minute, 1h and 4h-- and daily trend candle has to be same color at least 2 days in the same direction. For intraday trading weekly & monthly trends do not matter much & can be ignored. For simplicity sake if 15 minute ,1h & 4h trends are in the same direction, you have a trade set up in the same direction (one could fine tune entry 0n 5 minute charts). In general daily candle has to be in the same direction for any trade--Sir, what do you have to say?

@DaveLandry 2 жыл бұрын

Nice work (as usual!) Larry. I like they way you fleshed out "being smart" vs. making money and the fact that emotional markets are the best to trade. Fully agree! Dave Landry AKA The Trend Following Moron

@andreistix5809 2 жыл бұрын

Thank you, Larry. What do you think about silver?

@mauricehurst4886 Жыл бұрын

🤯🤯🤯

@JimHabash 2 жыл бұрын

I wonder if bitcoin ever unwinds, how much it will effect NVDA, and semi stocks that are part of the coin finding.

@shubham73654 2 жыл бұрын

Sir, I have some questions and I'd be very helpful if you reply. What are the conditions for Fallen Angel Pattern? What's your view on hidden divergence? Also know as reverse divergence and reversals thought by Andrew Cardwell and his RSI methodology In come cases, Regular divergence is followed by hidden divergence, which one should we prefer? How to choose the correct timeframe? Some timeframes are much more dominant than others. How to know if a stocks is about to go in a longer consolidation? And how to know is about to go sideways? Thanks alot, great content!

@shubham73654 2 жыл бұрын

@@blazetrader Thanks you very much for replying, sir.

@jonathanespy9944 2 жыл бұрын

Most of the ETF symbols you posted, with the exception of GBTC, don't show as available in my brokerage? Help!

@suddonlee4326 2 жыл бұрын

Thanks 🍻

@832elf 2 жыл бұрын

Very strange you avoid trading Bitcoin Futures as you are a Futures Trader for decades it's like you're afraid of volatility

@832elf 2 жыл бұрын

So much current info out there on crypto Market size which is about 2.12 trillion dollars why are you using figures that are 3 years old its no longer 800 billion. Very outdated

@trentcrawley3502 2 жыл бұрын

Lol wasting energy "trying to find Bitcoins" how adorable

@anodyneforever3996 2 жыл бұрын

Don't bother kids. These assets will eventually go to zero.

@herbs814 2 жыл бұрын

A lot can happen between now and eventually.

@DaveLandry 2 жыл бұрын

You're probably right. However, I'd rather make money than be right. Crypto, as Larry pointed out, is an emotional market. And, those are THE BEST markets to trade. You DO have to be prudent and practice proper money and position management. I make small bets, take partial profits, and trail my stops higher. If you want to be a trader, you'll have to learn how to trade the emotions of others (while embracing your own). Also, as I preach, "don't confuse the issue with facts." Yeah, they're probably all BS, but who cares? Looking smart and making money are often two different things. I was once called a "trend following moron" by a famous trader (who was fighting the market at the time). Initially, I was hurt. Now, I embrace the title.

@fluxuation87 2 жыл бұрын

as controversial as it is to say, I agree with your statement in regards to bitcoin. but for coins like ethereum and solana that actually have real world utility? no way. blockchain tech is the future of the internet. Will ethereum or solana still be around 10-20 years from now? I dont know for sure, but I'm willing to bet that they will be.

@markpal 2 жыл бұрын

That Guy is here. Do yourself a favor, take a deep, deep dive in crypto. Then study some more. You will realize this is truly the wave of the future and they are as inevitable as the internet

@DaveLandry 2 жыл бұрын

@@herbs814 "All predictions are about the future, and a lot of stuff can happen between now and then." Greg Morris. On another note, I know some famous people out there who have been poo pooing Bitcoin since it was in the low thousands. Yeah, it might go to zero eventually, but they missed one hell of a ride!