Welcome back to the Market Chat! Sara Sabatino is a full time trader who uses the strat methodology to day trade stocks and futures. The strat is a methodology developed by Rob smith that breaks price action down into 3 types of bars and uses combos to trade reversals.
In this video we discuss the basics of the strat, how to day trade, how Sara builds a focus list, enters trades, and manages positions. We go through the important concepts related to the strat methodology such as the strat combos, candle types, broadening formations, exhaustion, and stop loss management.
This interview does a great job of teaching the main points of the strat methodology and is essentially a mini Crash Course in how to day trade
Connect with Sara:
Our First interview:
Have a good one!
-Richard
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Timestamps
0:00 Intro
1:10 What is the Strat
2:00 The Strat 3 Candle Types and Combos
5:35 Multi Timeframe Analysis
6:50 Pivot Machine Gun
8:24 50% Rule
8:55 Spy Analysis – 50% Rule Example
12:42 Entry on the Daily
16:30 Broadening Formation
19:50 FB Example Trade
23:40 Use the Strat However you like to trade
24:19 Flipping Long and Short Bias
25:19 TSLA Example
29:30 SPY Mother candle
30:40 How to Build a Watchlist and Pick Stocks
33:30 Sorting through setups
35:13 Full Timeframe Continuity
38:00 FB Trade Execution Example
41:00 Stop Loss Management
42:30 What is Exhaustion
46:30 Exhaustion to the Upside
47:10 How does Sara Determine Position Sizes
48:10 Risk Management
49:27 How Many Trades at a time?
50:15 Know your Targets
51:00 Common mistakes for early Stratters
53:30 Cutting positions quickly if they don’t advance from the pivot
54:00 PYPL Trade Example
57:10 Strat Resources
58:20 Advice for new traders
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Music from Absent Mind:
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Disclaimer
The content of this video is for educational purposes only and should not be taken as a suggestion to buy or sell anything
Link do Vídeo
great concept. but the instructor is not clear.
Probably Sara's best video yet…and she has done some bangers. And, your questions Richard were excellent….she answered all the questions for new to mid term strat learners…..THANK YOU.
Hind sight bullshit trading. Rich, only have reputable traders on pls.
Just about the time I think I have seen everything in trading, this pops up and amazes me. Great video and extremely interesting. My curiosity has peaked and I plan on digging deeper:)
Non sense .. everything looks perfect when you look at the historical data .. ..real time LL
Really thanks for such insightful interview. Sara is excellent in explaining TheStrat. But how to have the TradingView indicators for TheStrat that Sara used? I couldn't find it. I have followed Sara' Twitter but I wish her to have a presence in Discord. Also, I hope Rob's book could be digitized in Kindle. I need to read more about it in order to absorb it well.
Richard you are such a great interviewer. Thank you to Sara too
Another awesome interview Richard!!!!!!! Thank you!! Sara you have outdone yourself with your incredible explanation of all the things Strat! Thank you a bazillion!!
such great interview skills Richard. Very impressed and thankful!
Waaaay too much going on for me. She obviously finds it useful, but this definitely does not my style. KISS.
Excellent video to you both!!! Sara i messsaged you a question on twitter regarding on a mental hurdle with feeling like i am buying a breakout when i buy on the break of the previous candle wicks (which was yesterdays resistance) instead of buying supports… If you could like me know any other ways of looking at it so i have the confidence to buy that break would be appreciated. thanks in advance
Great interview, tho and Sarah clearly has a very logical and principled methodology
I find this method totally confusing, The concept of broadening formations is intriguing especially in that it seems so different to the vcp,
It certainly seems that many downside moves in particulat begin with a failed break to the upside ie a "3" (I think) eg lcid, hood etc and jks in 2020 began its huge run with a breakout to the downside. Maybe in the absence of meaningful supply or demand the market is inclined to move where its gonna vacuum the most money, and forms a broadening formation
thank you for your great YT's!! what is a good trading/chart platform that can be used in canada?
Great interview. A very structured way to day trade using Multi-time frame analysis.
Richard….I recommend getting AL Brooks, Jared Wesley, and Oliver Velez onto your interview podcast. All are price action traders (scalpers) . They dissect reading the charts similarly.
I know you're mainly a swing trader, but it would be beneficial to all ppl in all time frames to understand price reading bar by bar.
It is my current transition from O'Neil to Minervini to creating my own system scalping/ day trading. The previous masters provided me with a very solid foundation. I'm just trying to do it faster and making it my own.
The above master day traders has helped me with that transition.
Keep doing what you're doing. Ive always told my group of guys I'm mentoring that I'd I were to create a YouTube channel…you're the closest thing to it. I appreciate your work and content. You ask all the right questions.
Love listening to someone who is clearly very knowledgeable explain in simple terms for everyone to understand. Excellent interview and channel content. Thanks.
How about interview the legendary R. Smith? Richard.
Thanx Richard and Sara. I never fail to learn something new….
Amazing to see a young man, most likely in his 20s to be such a great humble person, interview people who are exceptional at what they do and always keep class high. The fact that somebody like you could have under 100 k is what’s wrong with traders who say trading isn’t profitable. Great content.
wow this is fantastic…She explains this even better than Rob Smith