Welcome back to the Market Chat! This week as our guest we have Jay Oliveira (PBA on twitter) who is a full-time trader with over 20 years of experience. We discuss his background, process, mindset and how to become a full time trader. It takes years of patience, discipline, and hard work to develop your own style and learn to compound.

Connect with Jay:

Enjoy!

-Richard
————————————————————————————————————————–
Stay in touch
►
► richardlmoglen@gmail.com
————————————————————————————————————————–
If you would like to support my channel
►
————————————————————————————————————————–
7Investing Discount Link
TC2000 Discount Link:
Marketsmith:

Timestamps:
0:00 Intro
1:41 Jay’s Background with Trading
3:00 Finding IBD/CANSLIM
3:25 Working in Finance
3:40 Trading in the Late 90s, Working as a Broker
6:25 Advice for young traders, Focus on Financial Literacy First
6:55 2007-2008 Crash
7:10 How to make money in stocks by William O’Neil
7:25 Entrepreneurship
7:40 Emotional Preparedness for trading
8:33 Top Trading Books. Livermore, Morales, Boik, Kacher
9:10 Jay’s Trading Style. CANSLIM and OWL
9:23 The important thing about How to make money in stocks
10:45 You have to develop your own style.
13:40 Weekly and Daily Routine
14:05 The Growth 250
14:50 Accelrating Revenue and Earnings
16:10 Learning how stocks trade the character
18:10 Do you wait for volume. Price First
18:50 Intraday Swings
19:00 Three ways Jay buys
19:20 UPST swings
20:00 Batting Average, Risk Ratios
21:00 FUTU Story
21:40 Don’t get attached to stocks
22:22 Jiu Jitsu and Trading. Benefits
22:50 Being Comfortable in uncomfortable situations
24:30 Jiu Jitsu and trading concepts in context. Experience and Patience
26:15 Determining Trading Conditions. Stocks First.
28:50 2020 was probably the worst thing to happen to many new traders
29:25 Oliver Kell, Know who to talk to about stocks
29:55 Be very careful who you listen to about stocks
30:22 Keep your focus narrow eliminate noise
31:00 Love the grind and the process.
34:00 How to use social media properly
37:00 The first thing I look at before I buy is where I will get out
37:30 Mike Webster Expectation Breakers
38:45 Relative strength and Market Leaders
40:00 Market Feedback on buys
41:26 Losing the Ego
42:00 Don’t argue with the market
43:00 ABNB Undercut and Rally. Bottom Fishing Pocket Pivot
45:00 Stop on the 10day
46:00 APPS Undercut and Rally
47:25 Stops on a closing basis or intraday basis
50:25 Growth stocks recovering. Character change
51:30 Follow the market leaders
51:40 Monday morning gap ups and downs
52:57 FRHC Undercut and Rally
56:40 Tight weekly closes at the bottom of a base
58:00 Earnings, Sales Growth, Estimates, ROE, Funds
59:30 Moving average undercut and rally
1:01:40 Hourly Charts, Tight action
1:03:00 Early entries
1:04:20 AMAT analysis
1:06:30 NVDA Market Leader. Base Analysis
1:10:00 Buying Pullbacks
1:11:28 RBLX analysis
1:13:30 When to wait for the true standard pivot
1:15:02 GLBE Analysis
1:17:00 The Lifecycle Trade
1:17:30 MYTE Analysis
1:20:17 Earnings Estimates
1:20:22 TGH Analysis First Stage Base
1:22:47 OLO Analysis
1:23:00 DV Analysis
1:25:50 Position Sizing With IPOs
1:27:20 INMD Analysis
1:29:20 Accelerating Fundamentals
1:30:00 Sister stocks showing strength
1:31:00 Adding shares, position management
1:35:00 Position versus Swing Trading
1:38:00 Number of setups- market conditions
1:39:17 Advice for traders to shorten their learning curves.

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