The 10 Principles of Trading with Investing Champion Oliver Kell
Dec 14, 2023
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2020 US Investing Champion Oliver Kell shares his 10 trading principles and discusses recent market action, institutional favorites, leading growth stocks & themes, potential investment opportunities, and the importance of putting risk first in trading. He also introduces the Swing Report and emphasizes the importance of personal study and strategy development in trading.
Technical analysis and market trends were discussed, focusing on NASDAQ, S&P, and Russell indexes.
Leading stocks like Apple, Microsoft, Amazon, and Nvidia were identified with potential for further upside.
Growth themes like AI and Bitcoin-related stocks were explored, with specific companies like Palantir, Shopify, and Coinbase highlighted for their performance and future outlook.
Deep dives
Current market analysis
The speaker provides an analysis of the current market, focusing on the NASDAQ, S&P, and Russell indexes. They discuss key levels, trends, and potential breakouts, highlighting the importance of technical analysis.
Leading stocks in the market
The speaker identifies the leading stocks in the market, such as Apple, Microsoft, Amazon, and Nvidia. They discuss the positive trends and patterns in these stocks, emphasizing their potential for further upside.
Growth and Bitcoin themes
The speaker explores growth themes like AI and Bitcoin-related stocks. They discuss specific companies like Palantir, Shopify, CrowdStrike, and Coinbase, highlighting their recent performance and potential future outlook.
Key Points on Stock Analysis
The speaker discusses the analysis of different stocks, highlighting their potential for growth. They mention three stocks: Snow, Roku, and STNE. Snow's monthly chart indicates a potential change in trajectory, making it worth keeping an eye on. Roku has a solid base and high growth potential, especially due to the increasing legalization of gambling. STNE is also highlighted as a potential winner in the gambling market. Overall, the speaker emphasizes the importance of analyzing leading stocks and managing risk.
The 10 Principles of Trading
The speaker outlines ten principles of trading that are applicable to all strategies. The first principle focuses on putting risk first by setting stop-loss and position sizing limits. The second principle highlights the importance of planning trades in advance to avoid failure. The third principle emphasizes the need to trust stops rather than stocks, as ideas can change. The speaker also discusses the value of learning from previous trades and shares resources such as eBooks and webinars to deepen traders' understanding. The final principle emphasizes the continuous study and work required to succeed in trading.
Uncover weekly trading opportunities & learn how to manage risk directly from the 2020 US Investing Champion and record holder - Oliver Kell!
https://theswingreport.com/
In this video Oliver spends the first half breaking down the recent market action followed by reviewing his 10 Trading Principles that helped him achieve his results in the market.
Watch on YouTube: https://youtu.be/ElocJ-b_NTs
The first half Oliver:
Reviews the action of the indexes (QQQ, SPY, IWM)
Dives into institutional favorites (AAPL MSFT AMZN)
Identifies leading growth stocks & themes (Crypto, PATH, DDOG, PLTR)
Oliver's 10 Trading Principles:
1. Put Risk First
2. If You Fail to Plan, You Are Planning to Fail
3. Don't Trust Your Stocks, Trust Your Stops
4. Better to be Out & Want in, Than in & Want Out
5. Let your P&L Guide Your Level of Aggression
6. Only Price Pays
7. Sell Into Strength or you will Sell Into Weakness
8. From Failed Moves Come Fast Moves
9. Don't Gamble on Earnings
10. Don't Buy Extended Stocks
Learn from Oliver Kell:
The Swing Report - https://theswingreport.com/
The Swing Trading Masterclass - https://traderlion.com/swing-trading-masterclass-oliver-kell/
Victory in Stock Trading - https://www.kelltrading.com/
Follow on Twitter/X - https://twitter.com/1charts6
Enjoy!
- The TraderLion Team
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Timestamps:
00:00 - In this Episode
00:53 - Webinar Agenda
01:51 - Nasdaq Chart Review
10:06 - S&P 500 Chart Review
11:41 - Russell 2000 Chart Review
14:09 - Review of Market Leaders
23:22 - Pure Growth Stocks Rallying
26:26 - Crypto Theme (Bitcoin, Coinbase, Etc.)
30:37 - Stage 1 Base Breakouts
41:58 - Oliver's 10 Principles of Trading
43:10 - Put Risk First
47:53 - If You Fail to Plan, You Are Planning to Fail
50:06 - Don't Trust Your Stocks, Trust Your Stops
51:32 - Better to be Out & Want in, Than in & Want Out
53:04 - Let your P&L Guide Your Level of Aggression
55:24 - Only Price Pays
56:49 - Sell Into Strength or you will Sell Into Weakness
59:04 - From Failed Moves Come Fast Moves
1:00:48 - Don't Gamble on Earnings
1:04:28 - Don't Buy Extended Stocks
1:06:53 - The Swing Report
1:14:26 - Additional Resources
1:19:56 - Sign up for The Swing Report
#swingtrader #stocktrading #tradingeducation
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