Introduction to technical analysis. In
this video you're gonna learn all about
technical analysis my name is David
Jaffee from BestStockStrategy.com. In 2017
I made around $755,000.
I make around a
$1,000,000 a year my trading stock
options and that number is only
increasing because I make more money and
that money compounds itself and in this
video I'm going to teach you everything
you need to know in order to make money
using technical analysis and that's
pretty much the most important stuff so
let's get to it
alright technical analysis uses charts
and sophisticated computers and things
like that like candlesticks and moving
averages and things like that in order
to try to predict future price movements
but actually I want to make this
extremely simple for you
technical analysis does not work at all
and I should know because I graduated
from an Ivy League university I worked
on Wall Street as an investment banker
for five years and I've completed
billions of dollars of transactions and
more importantly I've actually used
technical analysis and I've studied it
so I've done everything from the
Bollinger Bands to the stochastic method
and all of those things I've studied it
for a really long time and I can tell
you that even though you will
occasionally have some winners those
winners are simply mr. tributed as skill
when the reality is that it doesn't work
at all the only way that you're going to
make money consistently in the stock
market is by acting as a casino and not
being a gambler what all these fake
gurus tell you is they try to tell you
that they have three charts that they
use or three methods that have turned
$10,000 into five million but the
reality is that you're not only not
going to make money and turn your five
or ten thousand dollars into five
million you're going to lose your money
and the worst part is the emotional
drama that you're going to experience as
you're dragged through the mud and
experiencing that turmoil and your
felons that you're being lied to and
betrayed and defrauded by these fake
gurus that's also going to take a huge
toll on you and it's going to instill
you with anger the reality is
that technical analysis does not work
and if you want some some reality
measures at work
just some think about it this way right
if I told you that right now
Facebook is trading at a hundred and
seventy four dollars or one hundred and
seventy five dollars and it's
undervalued which I do believe it is and
I told you that there was resistance at
$180 and there was support at $165 those
prices $165 and $180 they transcend and
rather you can transport those to the
actual market capitalization of Facebook
so if someone told you that there is
resistance at Facebook at exactly five
went when Facebook is worth it has
market capo 513 billion and 748 million
seven hundred and thirty two thousand
you know something like that you would
look at them like they're crazy because
the reality is that a price point the
market capitalization of the stock
varies every single day you have
buybacks follow on equity offerings stop
options which dilute the stock the
reality is that if that people are going
to miss a tribute the support and the
resistance and they're going to use and
label these specific indicators and then
they're going to try to package it and
sell it to you but no firm that I have
ever come in contact with is
significantly statistically profitable
and uses technical analysis goldman
sachs citadel all of the hedge funds
they make money by profiting off of the
bid-ask spread differential and they are
market makers you are not going to use
technical analysis you can I don't care
if you study it every single day for the
rest of your life you are never going to
be profitable using technical analysis
the only way that you can make money in
the stock market is by selling option
premium and acting as the casino and not
trying to be a price guesser and predict
future price movements and acting as a
gambler my name is David Jaffe I work
with best stocks right EECOM I provide
the best education available
and the only legitimate real-time trade
alerts product available all of my
students make money I send them
screenshots I care about my students
tremendously and you can go to best
strategy calm and get four hundred
dollars worth of free training please
like subscribe click the little bell and
share this video and helps me get the
word out because the reality is that I
don't care if you buy any of my products
because if you don't buy my products
then you are going to make less money in
your lifetime because all of my students
make money so if you don't want to make
money or now is on a right time then
that's completely cool like that's up to
you I respect that but what I don't want
you to do is spend money with these fake
gurus who have bought their followers
and buy their likes and they use fake
testimonials and fake review sites and
fake social proof in order to separate
you from your money because you are not
gonna make any money by trading and
using technical analysis trading trading
futures or Forex or penny stocks or day
trading or any of that it's all a scam
so this is the technical analysis
beginners tutorial and it's extremely
simple because the reason why you're
watching this video is because you want
to know how technical analysis can help
you make money and the reality is it
does not help you make money the only
way that you can make money in stock
market is by selling options not buying
options selling options specifically
puts on large cap stocks like Facebook
or Boeing or Lockheed Martin you would
simply watch the stock for its trading
range and then you would wait for it to
fall in the low end of its trading range
like so for example Facebook is trading
at 175 you can wait for Facebook to fall
to 170 then you can sell a put with a
strike price of around 155 and that
trade by itself is profitable around
ninety seven percent of the time and in
the 3% of the time that it's not you
simply take ownership of this stock and
you own Facebook of 155 or you manage
and roll that position for it it's
really simple there's no need to
overcomplicate things so this is David
Jaffe from best
try to be there calm if you have any
questions leave a comment and I'd be
happy to answer them
thank you