Latest / Earn Your Leisure / Study Hall: The Top Trading Strategies for Maximum Profit
Transcript
- 0:00Speaker 1: An illegal alien from Guatemala charged with raping a child
- 0:03Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 0:07Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 0:11Speaker 1: filming and selling child pornography in Michigan. These are just
- 0:15Speaker 1: some of the heinous migrant criminals caught because of President
- 0:19Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 0:23Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 0:28Speaker 1: crossings are at the lowest levels ever recorded, and over
- 0:31Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 0:35Speaker 1: are here illegally, your next you will be fined nearly
- 0:39Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 0:43Speaker 1: never return. But if you register using our CBP home
- 0:46Speaker 1: app and leave now, you could be allowed to return legally.
- 0:50Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
- 0:55Speaker 1: border and families will be protected.
- 0:57Speaker 2: Sponsored by the United States Department of Homeland Security.
- 1:00Speaker 3: Let's go to the top three trading strategies of balts are.
- 1:07Speaker 4: My number one favorite is a triple golden cross. So
- 1:09Speaker 4: I was talking to somebody about this at the JP
- 1:11Speaker 4: Morgan event So when you have the two hundred day
- 1:13Speaker 4: moving average pair with a one hundred day moving average
- 1:15Speaker 4: pair with the twenty one, if you're looking, like on
- 1:18Speaker 4: a monthly chart or weekly chart, when the twenty one
- 1:22Speaker 4: and one hundred crosses through the two hundred to go
- 1:25Speaker 4: along there, or if they bleed underneath the two hundred
- 1:28Speaker 4: to look for a short. It's probably one of the
- 1:31Speaker 4: easiest trading strategies to be able to follow. Number two,
- 1:34Speaker 4: a FED weighted short. So when the federal government stopped
- 1:39Speaker 4: buying assets, not only did NASTAC waiver, but that's when
- 1:45Speaker 4: Bitcoin leveled out and started to drop. So when the FED,
- 1:48Speaker 4: which is the true market maker, stops buying assets in
- 1:52Speaker 4: a particular class, that is a time too short. And
- 1:56Speaker 4: then my third you guys can go back to the
- 1:59Speaker 4: Mikenover episode is to find out what those true hedge
- 2:02Speaker 4: fund levels are on a macro picture. So if you
- 2:06Speaker 4: can look at a decade chart or seven year chart
- 2:09Speaker 4: and see where they're looking to buy, which is usually
- 2:11Speaker 4: like anywhere from sixty five to eighty three percent off
- 2:14Speaker 4: from the all time high, they're looking to load up
- 2:16Speaker 4: there or anywhere around that ninety five to ninety seven
- 2:19Speaker 4: percent almost at that high, they're looking as short so
- 2:24Speaker 4: like a global macro.
- 2:27Speaker 5: Swing trade. And like those macro swing.
- 2:29Speaker 4: Trades when I talked to Bottoing, usually last like five
- 2:31Speaker 4: or six years, So like that, if you can buy
- 2:34Speaker 4: again at bitcoin at twenty thousand, or if it ever
- 2:36Speaker 4: gets down like thirteen thousand, to hold for a seven
- 2:38Speaker 4: year cycle and then exit are my three favorite trading
- 2:42Speaker 4: strategies of all time.
- 2:44Speaker 6: Even if I may fire, if I may interject, I'd
- 2:49Speaker 6: like to substitute one at number three fort.
- 2:51Speaker 7: Can I fire away to tag two INDs?
- 2:55Speaker 5: No stress?
- 2:57Speaker 7: I mean, because a lot of our listeners.
- 3:00Speaker 6: Right might not be as technically sound or fundamentally sound.
- 3:04Speaker 6: So what would be the safest thing for them to do?
- 3:07Speaker 6: What would put them in the position that would mitigate
- 3:11Speaker 6: a lot of risks?
- 3:13Speaker 7: Two tech two index? It sounds so simple, but most
- 3:18Speaker 7: people won't follow it.
- 3:20Speaker 6: I think it's one of the best investment strategies personally
- 3:22Speaker 6: for somebody who's just coming into the space, who's not
- 3:25Speaker 6: really familiar.
- 3:26Speaker 7: Fine to tech.
- 3:28Speaker 6: I see who's the top two in a sector. Let's
- 3:31Speaker 6: invest in that. Let's find two indexes. Maybe, I mean
- 3:34Speaker 6: you can pick We talked about a bunch of them
- 3:38Speaker 6: that contariously invest in it, learn about investing, and then
- 3:42Speaker 6: maybe you can learn how to trade from that. But
- 3:44Speaker 6: if you're beginning in this, which a lot of people are,
- 3:48Speaker 6: and I say a lot of people because we saw
- 3:50Speaker 6: the number of people that came to the investment community
- 3:53Speaker 6: since the pandemic, Yeah, I think that's one of the
- 3:56Speaker 6: most important strategies. So I know you didn't want to
- 3:58Speaker 6: toot your own horn, but I wanted to give you
- 4:02Speaker 6: a lot of credit because I think it's an important
- 4:04Speaker 6: strategy and it's one that's simplistic enough for the average
- 4:07Speaker 6: person to understand.
- 4:08Speaker 5: Even on the macro hedge fund side.
- 4:10Speaker 4: Like I was talking to the stock club last Wednesday
- 4:13Speaker 4: and I did the calculation of Kathy would have ran
- 4:16Speaker 4: that strategy from twenty twenty three now, it would be
- 4:19Speaker 4: two point nine billion dollars added in value in returns
- 4:23Speaker 4: for our clients just using that simple formulation. And for
- 4:26Speaker 4: those who say, well it's too simple for a hedge
- 4:28Speaker 4: fund to run it, Berkshire Hathaway, if you look at
- 4:32Speaker 4: their portfolio, waiting Apple makes up eighty four.
- 4:34Speaker 5: Percent of those holdings.
- 4:37Speaker 4: So if it's good enough for Warren Buffett, who arguably
- 4:39Speaker 4: is the greatest long term investment of all time. I
- 4:42Speaker 4: think for everyone else who isn't managing multi billions, it's
- 4:46Speaker 4: an amazing strategy that it will work even better for.
- 4:51Speaker 3: All right, all right, well, oh yeah, Maverick Carterff. Forgot
- 4:55Speaker 3: about him, Chubble, the math doctor Math. He's up there. Uh,
- 5:00Speaker 3: what's one of the standing in the trading thing? What's
- 5:03Speaker 3: one of the best indicators to use for trading?
- 5:09Speaker 4: I have debate it back and forth on which one,
- 5:12Speaker 4: but I'm going to go with volume profile. So volume
- 5:15Speaker 4: profile gives you an assessment where think of it like
- 5:18Speaker 4: an average that does not move, so you have moving
- 5:20Speaker 4: averages that will adjust over time. But the part that
- 5:23Speaker 4: sucks about a moving average is over time you'll get
- 5:26Speaker 4: different price points. If you go to a wider time frame,
- 5:29Speaker 4: like a monthly chart or a weekly chart and look
- 5:31Speaker 4: at volume profile, it'll give you the baseline price for
- 5:35Speaker 4: where a lot of institutions want to buy. And the
- 5:40Speaker 4: great part is that it's static. So if you go
- 5:42Speaker 4: to a monthly chart, let's say the stock is at
- 5:44Speaker 4: one fifty, the volume profile price may be thirty two seventeen.
- 5:48Speaker 4: You may feel like it's never going to go there.
- 5:51Speaker 4: But you know, if shit hits the fan and all
- 5:54Speaker 4: hell breaks loose, that is like a load to boat
- 5:57Speaker 4: price indicator that you can use to know where to
- 5:59Speaker 4: get in. Some people using on a fifteen minute basis,
- 6:03Speaker 4: five minute basis, but I like all my indicators to
- 6:05Speaker 4: look to be used over a longer timeframe. And if
- 6:08Speaker 4: you do that, going back to the decade chart, seven
- 6:11Speaker 4: year chart, for those of you who are on the
- 6:13Speaker 4: institutional side, it gives you a good estimation of like
- 6:16Speaker 4: where you can buy something like in a rock bottom price.
- 6:20Speaker 6: I just think it was going to say moving averages,
- 6:22Speaker 6: So I'm surprised because I still love moving averages.
- 6:26Speaker 7: That's me too. I love the twenty day I know, yes,
- 6:29Speaker 7: is the seventy two. I want to see two hundred.
- 6:30Speaker 6: I want to see one, and so I want it
- 6:33Speaker 6: gives me a better glimpse of the movement action.
- 6:35Speaker 7: I still use the balligier bands like I'm still using
- 6:37Speaker 7: all those in my mind. If I had to bet
- 6:41Speaker 7: I was going to, I would have put on moving
- 6:43Speaker 7: averages for you. But that's dope though.
- 6:44Speaker 4: Yeah, and just trying to give something different also too,
- 6:47Speaker 4: like one of the things that makes trading easier, Like
- 6:49Speaker 4: if I say your house is worth five hundred thousand,
- 6:51Speaker 4: but in the fire cell is worth one twenty.
- 6:54Speaker 5: It's kind of hard if that price changes every two weeks.
- 6:57Speaker 4: So like if you know, just for like the rock
- 7:00Speaker 4: prices like almost like a wholesale price, that makes it
- 7:03Speaker 4: a lot easier for a person who's incredibly busy to know.
- 7:05Speaker 6: Okay, let me buy out this level. This episode is
- 7:09Speaker 6: brought to you by P and C Bank. A lot
- 7:11Speaker 6: of people think podcasts about work are boring, and sure
- 7:14Speaker 6: they definitely can be, but understanding a professionals routine shows
- 7:18Speaker 6: us how they achieve their success little by little, day
- 7:21Speaker 6: after day. It's like banking with P and C Bank.
- 7:25Speaker 6: It might seem boring to safe plan and make calculated
- 7:28Speaker 6: decisions with your bank, but keeping your money boring is
- 7:31Speaker 6: what helps you live or more happily fulfilled life. P
- 7:34Speaker 6: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
- 7:39Speaker 6: Boring since eighteen sixty five is a service mark of
- 7:42Speaker 6: the PNC Financial Service Group, Inc. P and C Bank
- 7:46Speaker 6: National Association Member FDIC.
- 7:51Speaker 7: Ernest What's up?
- 7:52Speaker 6: You ever walk into a small business and everything just works?
- 7:55Speaker 6: Like the checkout is fast, The receipts are digital, tipping
- 7:59Speaker 6: is a breeze, and you're out the door before the
- 8:01Speaker 6: line even builds. Odds are they're using Square. We love
- 8:06Speaker 6: supporting businesses that run on Square because it just feels seamless.
- 8:09Speaker 6: Whether it's a local coffee shop, a vendor at a
- 8:11Speaker 6: pop up market, or even one of our merch partners,
- 8:15Speaker 6: Square makes it easy for them to take payments, manage inventory,
- 8:18Speaker 6: and run their business with confidence, all from one simple system.
- 8:23Speaker 6: If you're a business owner or even just thinking about
- 8:25Speaker 6: launching something soon, Square is hands down one of the
- 8:29Speaker 6: best tools out there to help you start, run and grow.
- 8:32Speaker 6: It's not just about payments, it's about giving you time
- 8:35Speaker 6: back so you can focus on what matters most Ready.
- 8:38Speaker 6: To see how Square can transform your business, visit Square
- 8:42Speaker 6: dot com backslash go backslash eyl to learn more. That's
- 8:47Speaker 6: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.
- 8:52Speaker 6: Let's Square handle the back end so you can keep
- 8:55Speaker 6: pushing your vision forward.
- 8:58Speaker 1: An illegal alien from Guatemala charged with raping a child
- 9:02Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 9:06Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 9:10Speaker 1: filming and selling child pornography in Michigan. These are just
- 9:14Speaker 1: some of the heinous migrant criminals caught because of President
- 9:18Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 9:21Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 9:26Speaker 1: crossings are at the lowest levels ever recorded, and over
- 9:30Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 9:33Speaker 1: are here illegally, your next you will be fine nearly
- 9:37Speaker 1: one thousand dollars a day, imprisoned and deported, you will
- 9:41Speaker 1: never return. But if you register using our CBP home
- 9:45Speaker 1: app and leave now, you could be allowed to return legally.
- 9:48Speaker 1: Do what's right. Leave now. Under President Trump, America's laws
- 9:53Speaker 1: border and families will.
- 9:55Speaker 2: Be protected sponsored by the United States Department of Homeland Security.
- 9:58Speaker 4: Well the i'm an hold here for or even if
- 10:01Speaker 4: you want to know where to load the boat. Let's
- 10:03Speaker 4: say if you have a million dollars or one hundred
- 10:05Speaker 4: thousand dollars, I would probably put seventy percent of my
- 10:08Speaker 4: capital there off that monthly chart or decade chart, and
- 10:12Speaker 4: then I'll build positions around it. But the bulk of
- 10:14Speaker 4: the money will go in there.
- 10:17Speaker 7: Yeah, and volumes.
- 10:18Speaker 6: Volume is important, and if you are a follower of
- 10:21Speaker 6: market money is we talked about volume, and we talked
- 10:23Speaker 6: about the trades that are happening, but who's actually investing
- 10:27Speaker 6: in the different sotutional and retail investing, And so when
- 10:30Speaker 6: you see those those levels of valume, and sometimes you
- 10:33Speaker 6: get inside, especially in the option space, you get inside
- 10:35Speaker 6: of the trading, there's no value and there's no movement.
- 10:37Speaker 6: You're like, well, why am I in this trade? Well,
- 10:39Speaker 6: that's something you should look at that prior to go
- 10:41Speaker 6: into it. Who's investing in it? And what is the
- 10:43Speaker 6: value amount? On a daily basis is if you're trading
- 10:48Speaker 6: or if you're you know you're doing shirt to one,
- 10:50Speaker 6: Culls like, look at the value because that would dictate
- 10:52Speaker 6: if there's going to be movement.
- 10:54Speaker 4: Yeah, and I talked about this this past weekend too,
- 10:57Speaker 4: But anyone who is not going to high time frames first, monthly, weekly,
- 11:02Speaker 4: then day, you're making a huge mistake if you're only
- 11:04Speaker 4: looking at a five minute or a one minute even
- 11:07Speaker 4: though you can get your trades off, if you don't
- 11:09Speaker 4: know what the predominant direction is and what also the
- 11:11Speaker 4: predominant buying direction is of those institutions you're traded, You're
- 11:16Speaker 4: like trying to stop a train from moving against your position.
- 11:20Speaker 4: So if you don't know what those higher timeframes are,
- 11:22Speaker 4: you're basically saying I'm better, I'm smarter than Black Rock,
- 11:25Speaker 4: State Street, Vanguard and where.
- 11:27Speaker 5: They get it in does that matter?
- 11:29Speaker 4: You have to follow what the market movers and market
- 11:32Speaker 4: makers are doing. And on the future side, if you
- 11:34Speaker 4: look at that Commitment of Traders report, and it gives
- 11:37Speaker 4: you a insight of if we're buying and selling. So
- 11:40Speaker 4: like last week the COT the balance of futures were negative,
- 11:44Speaker 4: so people were shorter and a lot more than they
- 11:45Speaker 4: were actually buying because we haven't got to a great
- 11:48Speaker 4: level to buy. The asymmetric risk is not there, so
- 11:51Speaker 4: there have been a lot more shorts. And August usually
- 11:53Speaker 4: is a more volatile month or a month we end
- 11:55Speaker 4: up losing. So there's not a lot of that positive
- 11:59Speaker 4: future that are being active in the market right now.
- 12:02Speaker 4: They'll probably come back September. So these are some of
- 12:04Speaker 4: the things I'll be talking about with Dan and Kathy
- 12:06Speaker 4: and ll confirm it. But and I also want to
- 12:08Speaker 4: break down some charts with them to see like where
- 12:10Speaker 4: did they think bitcoin would go Ethereum, we will look
- 12:14Speaker 4: at look at the EES, Mini navsdack as well, and
- 12:17Speaker 4: then you can kind of glean some of their insights
- 12:19Speaker 4: for how they trade as well.
- 12:21Speaker 6: Yeah, somebody had spoken to me about the market and
- 12:25Speaker 6: they were like, well, is it a good time for
- 12:27Speaker 6: in video?
- 12:27Speaker 7: You guys are always talking about video, and it's pulled back.
- 12:30Speaker 7: It's pulled back. I think the most important thing that
- 12:33Speaker 7: people need to realize is that stocks go.
- 12:35Speaker 5: Down every day, every week, every month.
- 12:39Speaker 6: Stocks go down, right, Like, Yeah, it was up two
- 12:42Speaker 6: hundred and twenty percent. Currently it's at one hundred and
- 12:45Speaker 6: seventy seven percent on the year. It's up one hundred
- 12:49Speaker 6: and seventy seven percent on the year. Stocks do come down,
- 12:54Speaker 6: they do correct themselves, right, This is a natural part
- 12:57Speaker 6: of it.
- 12:58Speaker 7: That's why I think it's important that if you're in
- 13:00Speaker 7: the space investing, you need to experience these things. It's
- 13:04Speaker 7: important that.
- 13:05Speaker 6: You experience these things so you can understand what it
- 13:07Speaker 6: feels like during the peaks, and you need to understand
- 13:11Speaker 6: what it feels like when it has some of these lows. Yeah,
- 13:14Speaker 6: it's all part of it. But if you're invested, you're
- 13:16Speaker 6: experiencing that right. Stocks do go down, please be paid
- 13:22Speaker 6: long term investing.
- 13:24Speaker 5: Speaking of stocks coming down, Carl Icon is fighting for
- 13:26Speaker 5: his life.
- 13:28Speaker 7: I didn't put him on the list, but he could
- 13:29Speaker 7: have been on the list.
- 13:30Speaker 5: He could have been on the list.
- 13:31Speaker 4: But it goes back to some of the things we
- 13:33Speaker 4: talked about of like too much hubrius, too much ego,
- 13:39Speaker 4: not throwing rocks from the rocks from the throne. Like
- 13:43Speaker 4: Carl got a little bit too pompous after the Apple
- 13:47Speaker 4: institutional move that he made, and I think he let
- 13:49Speaker 4: his guard down, and that fund has not performed as
- 13:53Speaker 4: well as it should. And then once you know, the
- 13:55Speaker 4: short sellars got their hands on it, it started to
- 13:58Speaker 4: destroy his portfolio.
- 14:00Speaker 5: Was a little bit nicer.
- 14:01Speaker 4: And even though Buffett is a shark behind the scenes,
- 14:03Speaker 4: there's a reason why he does that. Grandpa, I'm nicer
- 14:07Speaker 4: than everyone. I drive the same car since nineteen ninety
- 14:10Speaker 4: three and live in the same house. That's not his
- 14:12Speaker 4: primary house, but it sounds good. There's a reason he
- 14:16Speaker 4: has a disposition in public because it's a lot harder
- 14:19Speaker 4: to raise capital if you're deemed to be a jerk
- 14:21Speaker 4: or an asshole and your.
- 14:25Speaker 5: Cantakerous all the time.
- 14:26Speaker 4: So those are some things as an investor you have
- 14:29Speaker 4: to learn to stay away from that. I've had to
- 14:31Speaker 4: learn as well, because you can turn off your audience
- 14:35Speaker 4: by doing some of those things.
- 14:37Speaker 7: Can't take risks, truculent.
- 14:41Speaker 5: I'm ready.
- 14:42Speaker 4: I'm telling you what we're gonna put on the show,
- 14:44Speaker 4: like a show show. When everyone leaves, I want them
- 14:48Speaker 4: to be like, yeah, I got the best invest in
- 14:49Speaker 4: talk from you.
- 14:51Speaker 7: Good word, Yeah I got that was good.
- 14:56Speaker 3: So yeah, I'll watch the CNBC And the was about
- 15:00Speaker 3: how they was tied to him about moving averages, help
- 15:03Speaker 3: averages really irrelevant?
- 15:07Speaker 5: What person make this statement?
- 15:08Speaker 6: Got?
- 15:09Speaker 3: I would listen to the audio audio?
- 15:11Speaker 4: Yeah, I mean it's not the best way to get in.
- 15:16Speaker 4: It's a mathematical calculation. So let's say if you have
- 15:18Speaker 4: like a stock instead one hundred I the bottom is ten,
- 15:21Speaker 4: it'll get you somewhere in around like fifty five or sixty.
- 15:25Speaker 4: I would like to get in at the edges. Another
- 15:27Speaker 4: tip you guys can write down. You can write out
- 15:29Speaker 4: a support box in a resistance box. So from zero
- 15:34Speaker 4: up to twenty percent, that is your support box from
- 15:37Speaker 4: the top of the market. Minus twenty is your resistance
- 15:41Speaker 4: and those will be the only areas that I will
- 15:43Speaker 4: look to so support box. I will look to go
- 15:45Speaker 4: long a resistance box. I will look too short and
- 15:48Speaker 4: stay out of the middle. The reason why, like most
- 15:51Speaker 4: really good investors don't love moving averages is because they
- 15:54Speaker 4: end up giving you less returns of a post if
- 15:57Speaker 4: you bought at a rock bottom price.
- 16:00Speaker 5: For most people who just want to be able.
- 16:01Speaker 4: To get in and get out quickly, it is a
- 16:03Speaker 4: good way, but it's not always the best way.
- 16:05Speaker 1: An illegal alien from Guatemala charged with raping a child
- 16:08Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 16:12Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 16:17Speaker 1: filming and selling child pornography in Michigan. These are just
- 16:21Speaker 1: some of the heinous migrant criminals caught because of President
- 16:24Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 16:28Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 16:33Speaker 1: crossings are at the lowest levels ever recorded, and over
- 16:37Speaker 1: one hundred thousand illegal aliens.
- 16:38Speaker 2: Have been arrested.
- 16:39Speaker 1: If you are here illegally, your next you will be
- 16:43Speaker 1: fined nearly one thousand dollars a day, imprisoned, and deported,
- 16:47Speaker 1: you will never return. But if you register using our
- 16:51Speaker 1: CBP home app and leave now, you could be allowed
- 16:54Speaker 1: to return legally. Do what's right. Leave now. Under President
- 16:58Speaker 1: Trump America's laws, border and families.
- 17:02Speaker 2: Will be protected. Sponsored by the United States Department of
- 17:04Speaker 2: Homeland Security,