How To Become A Full Time Stock Trader | Interview with Jay Oliveira

Video Description

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: https://twitter.com/801010athlete Enjoy! -Richard -------------------------------------------------------------------------------------------------------------------------- Stay in touch ► https://twitter.com/RichardMoglen ► [email protected] -------------------------------------------------------------------------------------------------------------------------- If you would like to support my channel ► https://www.buymeacoffee.com/RichardMoglen -------------------------------------------------------------------------------------------------------------------------- 7Investing Discount Link https://7investing.com/subscribe/aff/2/ TC2000 Discount Link: https://www.tc2000.com/pricing/richardmoglen Marketsmith: https://marketsmith.investors.com/ms-platform/?src=A00587A&refcode=RM_Links 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