David Jones Trading
A page to share ideas and techniques for trading a variety of financial markets.
US Stocks hit fresh all time highs again.
Here’s today’s YouTube livestream where we looked at a mix of different markets and stocks.
David Jones Live Stream: MARKET OUTLOOK To sign up to my partner broker and be invited to future exclusive webinars, please visit:https://www.bit.ly/davidtradeTo access the WhatsApp Group, use the ...
I know I haven't posted for an awfully long time, but I've started a Youtube channel in recent weeks with regular live streams on a Friday. You can subscribe and receive notifications when I go live - it will typically be 14:30 UK time.
For those of you already on the Trading Course, you will see the addition of the Shorter-Term Trading approach in recent weeks. Results are really encouraging - I talk about in in the first five minutes or so of the Youtube video from last Friday linked here.
If you would like to join the course, you can still use the voucher "YOUTUBE" until the end of this week, for 30% off the new price.
Any questions let me know - good luck with your trading!
David Jones Live Stream : Next Week's Markets To enrol on my Trading Course please go to https://www.jonesthemarkets.com/Use the code "YOUTUBE" for a 33% discountThe charting software used is Trading Vie...
What can you say about stock markets at the moment? The trend is up! Indices like the S&P continue to shake off any bad news and power out to new highs. This week it has now DOUBLED since the March 2020 low. I don't think many of us saw that one coming.
Just yesterday there was a higher than expected inflation number for the USA and, after a wobble, the S&P pushed out to fresh highs once again.
There's a great saying - bull markets climb a wall of worry - and I've been asked a lot this year about "the impending crash". There's always a lot of chat about this sort of thing in markets that are strong but the S&P has been a great one to trade with the trend this year.
Not worrying about all the background noise and focussing on what is actually going on in the markets is one of the keys to successful trading. But it is also hard to do - which is why >70% of traders lose.
Who knows where this market goes next? No one - but for me as usual it is wisest to go with the trend.
Good luck with your trading!
There's a discount voucher for £280 off my trading course, which is valid till the end of tomorrow, 30 June. Use FB280 when buying the course.
The course covers my methodology. An approach that has more than doubled my sample REAL account shown throughout the course since December 2020 (past performance is of course no guarantee of future returns).
In addition, this gives access to four live weekly webinars following the course where I answer any questions about the methodology and trading, and go through my current open positions and the reasons why. The snapshot below is taken at 14:30 today.
If you are serious about trading and want to avoid being a losing trader - and learn from someone with a couple of decades experience of actually doing it, see more details at: www.jonesthemarkets.com
Any questions, feel free to message me.
Hello all, and welcome back to another trading week.
Last Friday during the live session with Capital, the broad US index the S&P500 broke out to fresh all-time highs again. It has started this week with another (brief) look at fresh highs. I know lots of people have a real problem buying strength and selling weakness. And most traders lose - these points are related, trust me.
Going into this week, I will still be looking to buy dips/breakouts in the S&P. There is always a lot of talk such as:
"markets are expensive";
"they can't go any higher";
"there is a crash around the corner".
But still it goes up!
Ignoring the noise and going with the trend is always easier said than done, but it really is an important step to take to avoid being a losing trader.
Here's a thought - anyone who bought (and still holds) the S&P500 at any point in its history, up to last Friday, is sitting on a profit! Good luck with your trading.
I am a big fan of trading with the breakout - but false breakouts can offer opportunities too, particularly in terms of risk vs. reward which is absolutely the MOST important thing when trading.
This video I did with Capital has just gone up - and the Bitcoin example - so far at least - has worked well today with the brief break below $30k.
https://youtu.be/q0o-q7ReKaE
How to Spot a False Breakout and Avoid it - Beginner Guide and Tips Here is our next video about how to spot a false breakout. Also explained in the video is how to avoid a false breakout as it could be quite a bad scenario f...
I think the latest breakout by the S&P500 (and the NASDAQ) to all-time highs is a really interesting one.
Markets had been quite sideways for the past month. There has been a lot of concern about the threat of inflation. Plus I seem to have read a lot of quite bearish commentary around stock markets saying a crash is around the corner etc. And yet...these two indices have moved out to fresh all time highs.
You never know if a breakout is going to be a false one or a real one - but as the market has moved the way it has given some negative "chat" I think it's worth paying attention to. I've added to my S&P positions with a stop of course, it will be interesting to see how this goes in the next few weeks.
Today's live session with Capital starts at 2:30 UK time. If you can't make it live, the recording will be available from 3:30 onwards from the same link.
https://www.youtube.com/watch?v=WozNLCRvnPc
Weekly Market Recap & Next Week's Outlook | June 4th 2021 **LINK TO STOCKS CHANNEL**https://www.youtube.com/channel/UCq5qR6WcEu6MR-YxB54at5AHere is our video about the weekly market recap and next week’s outlook. Th...
There's a great example in the crude oil move why most people lose in trading. This is not the only one, but it is one of them. People can't trade with the trend.
I bought crude at the beginning of April as it was a clear trend. Today it is pushing out to new highs for the recovery, best levels since late 2018. But look at the data from THREE retail trading brokers: the percentage of clients who have open trades that are short.
Now maybe I am being too cynical and they all opened those shorts today. But somehow I doubt it!
70%+ of people lose money trading - and a lot of those are making the game so much harder by trying to buck major trends.
Just a reminder that the voucher for The Trading Course expires at the end of today. Thanks to those of you have joined already, I hope the pre-recorded content is proving informative and helping your trading - we will start the live sessions this Thursday.
If you would be interested in finding out more, visit www.jonesthemarkets.com and the voucher is FB280
David Jones Trading Are you ready to stop being a losing trader? It’s no secret: most people lose when trading. At least 70% are losing traders. Mistakes are made time and again by traders, sabotaging their chances of success.I’ve been trading for more than 25 years and in this course I will teach you the methodolo...
Today's livestream with Capital starts in a couple of hours at 14:30 UK time. You can either watch live or catch up with the recording later from the same link.
https://www.youtube.com/watch?v=JbpdkhWoWXI
Weekly Market Recap & Next Week's Outlook | May 28th 2021 Here is our video about the weekly market recap and next week’s outlook. This week was pretty volatile about the dollar and Oil, according to our weekly trad...
Yet another breakout in sterling/yen (GBP/JPY) today. I've mentioned it before - this has been my best market to trade so far this year, with some really clear trends and good levels for stops and risk management. It will be interesting to see where it ends the week, if it can hang onto this strength - but it does look to offer opportunities from the start of next week.
It's a great example of the importance of riding big trends when they happen. Let's see if this one can carry on further from here, 3 year+ highs today.
Why do most people lose when trading?
There was a comment on the livestream last week: "The volatility of crypto means that setting a stop is more of a risk than not setting a stop. ..... Normal risk management doesn't work when you have so much volatility.."
I respectfully disagree with this opinion but it does helpfully illustrate popular misconceptions about trading and risk management, and why 70% + of people lose.
This snippet of a video from my trading course explains it. It's always been the case since I started trading back in 1995, and I don't think it will ever change, due to human nature.
Hello all and welcome back to another trading week.
I thought I would highlight another interesting market to watch that is perhaps a bit out of the ordinary for some, but has delivered some great trends.
I think most people tend to watch the same stuff: fx/crypto/indices. But there are other markets out there too and WHEAT can be a great one. It touched an 8 year high this month and has backed off a lot since then. I don't have any trades open at the moment but I think it's an interesting one if/when the strength comes back in.
Today's live stream with Capital will start at 2:30 UK time. The usual look at all the markets. If you can't make it live, the recording is available immediately after.
https://www.youtube.com/watch?v=ttImFOuYsgY
Weekly Market Recap & Next Week's Outlook | May 21st 2021 Here is our video about the weekly market recap and next week’s outlook. This week was pretty volatile about the dollar and Oil, according to our weekly trad...
The Trading Course Is Here!
I've been working on this for months and have now set everything up.
What does it cover? Basically, the way I trade - a methodology that has delivered consistent profits over the years for me, across all sorts of different markets. Current performance figures:
Rolling 12 months performance: 10.88% per month
Rolling 6 months performance: 17.62% per month
Past performance is no guarantee of future performance and trading is risky.
There are eleven sections of pre-recorded videos and then access to four live webinars with me after you have completed the course.
As you follow me on Facebook and this is an unofficial launch before I start promoting, I am offering a discount code. This takes £280 off the price of the course. Enter FB280 into the checkout and apply this.
I hope you decide to join the course and I look forward to working with you on your trading. If you have any questions, feel free to get in touch via messenger or email:
[email protected]
To find out more please go to www.jonesthemarkets.com
David Jones Trading Are you ready to stop being a losing trader? It’s no secret: most people lose when trading. At least 70% are losing traders. Mistakes are made time and again by traders, sabotaging their chances of success.I’ve been trading for more than 25 years and in this course I will teach you the methodolo...
Brutal moves in crypto this week! At the time of writing, Bitcoin has been knocked back to the early February levels and has almost halved from its all-time high just over a month ago.
I've said a few times I am really not a fan of crypto trading. With the volatility off the scale compared to other markets, you need to have wide stop-losses.
More importantly, I think it has sucked in a whole bunch of new traders - really significant numbers - who think markets are only ever a one way bet. You can guarantee when this is the case that there will be a rude wakening somewhere along the way, and I think some will have had that over the past few weeks.
It will be interesting to see if the $28/32k area holds as it was good support in January. I think there could be a good risk/reward ratio if that happens but I am happy to be a bystander at the moment.
Hello all and welcome back to another trading week.
I reckon Gold will be an interesting one to watch this week. The correction from the highs is still going - but we are seeing a recovery from the end of March that has seen the price push to a 3 month high this morning.
So what next? No-one knows. I bought gold on 22 April and the trade is in profit - but not enough to justify moving the stop. It seems like one of these trend lines could be breached before the end of the month and that hopefully gives us more of a clue as to the medium term direction for the metal.
Just a quick one - Friday's live stream with Capital will start at 2:30 UK time as usual. Lot's to cover this week with the volatility. You can attend live or watch the recording immediately after.
https://www.youtube.com/watch?v=3_EP28k2eIc
Weekly Market Recap & Next Week's Outlook | May 14th 2021 Here is our video about the weekly market recap and next week’s outlook. This week was pretty volatile about the dollar and Oil, according to our weekly trad...
I said I would write something about my biggest losing trade at the moment - and it is the US dollar index. I've had real success with the index over the years - but not so much this year.
I did think we were starting to see a reversal in its fortunes and perhaps this year would be the Great Dollar Comeback, but not so far. I think it is really interesting now as it enters bounce or bust territory.
If it breaks the lows for the year at 89.20 then I will be out but I do still fancy a rally from here!
Pretty volatile times for stock markets this week, so I thought I would write something quick about the FTSE.
It's a really odd market to trade in my opinion. It feels like it lags on the way up and exaggerates on the way down. The pound has an influence as so many FTSE companies report in another currency - usually pound up, FTSE down - or not up as much as other stuff. I think if you are in the UK it tends to be a market you look at - but there are better indices to trade. Although I still do trade it now and again.
I've got a couple of trades running at the moment and I was following that trend. I would be expecting the trend to come back - but so much depends on the US - much more important than our own FTSE.
I've talked a bit about profitable trades this week -but losing trades are part of trading too. Tomorrow I will post something about my biggest open loser at the moment - the US Dollar index.
Welcome back everyone to another trading week.
I thought I would flag up the move in GBP/JPY today. Perhaps the first step of the next breakout? It's been a great trend-following market this year, I've already got a couple of trades open from March & April and at the moment it is representing my biggest open profit out of 24 trades I have running.
I only started following GBP/JPY in January this year when someone mentioned it on a livestream - it's funny how these things turns out and shows in trading that you never know everything, and it pays to keep an open mind!
It will be an interesting one to watch this week to see if there is some sort of a pullback from here or just further gains. Good luck with your own trading.
Happy Friday and payrolls day. Today's livestream with Capital will start in just over an hour at 2:30 UK time.
You can watch live or catch up with the recording after.
https://www.youtube.com/watch?v=mHDufi6bSCU
Weekly Market Recap & Next Week's Outlook | May 7th 2021 Here is our video about the weekly market recap and next week’s outlook. This week was pretty volatile about the dollar and Oil, according to our weekly trad...
Copper is a market that I have traded quite a bit over the last year because of that trend. The last week or so has seen it break out once more.
Of course, with breakouts you never know if they are going to prove to be the start of a new trend - or just a false blip before it falls back into the range.
Either way, I think it is an interesting one to watch from here.
Here's the chart, and a link to the video I did with Capital a couple of weeks ago.
https://youtu.be/7n37DsVNLHA
Happy Friday - today's livestream with Capital will start in in about 90 minutes. Lots to talk about, particularly with some big moves in commodities over the past week.
You can watch live from 14:30 UK time, or catch up with the recording after.
https://www.youtube.com/watch?v=L-gUkvdWN4g
Weekly Market Recap and New Week Outlook : APRIL 30, 2021 Here is our video on the Weekly Market Recap & Next Week's Outlook. The weekly trading forex session marked another downfall for the dollar that is driving t...