Professional Swing Trader | Key Lessons | Interview with Pat Walker

Welcome back to The Market Chat Podcast. Today we have Professional Swing Trader Pat Walker. He shares with us Key Lessons he has learned swing trading growth for decades through multiple market cycles and corrections.

We discuss stock selection, entry tactics, stop loss management, and selling rules. His overall swing trading strategy involves buying clean and simple bases and selling using different moving averages.

Have a good one!

-Richard

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Timestamps:

0:00 Intro
1:00 Early Mistakes
2:00 Study the charts
3:00 Lack of Resources
4:45 Listen to Your Stop Losses, 87 Crash
5:20 Mental and Financial Capital
6:20 Reading How To Make Money In Stocks
10:30 Meeting O'Neil, Zweig, Seykota
22:56 Rules which Help Performance
27:33 Let Trends Work
33:00 How to Handle Corrections
37:00 The Start of Charts
37:30 Good versus bad bars
39:29 Current Markets
40:45 Higher Low Setup
46:16 Clean and Simple Bases
47:55 Train your eyes
50:45 The Recipe for a winning stock
52:00 Higher Low Pattern
1:03:30 GS Stop Loss example
1:05:00 Average Loss
1:10:52 Full Trade Walkthrough
1:15:00 Placing your stop loss
1:21:00 Stop Loss Management
1:24:00 How to Sell into strength
1:31:00 Technical Analysis Recap
1:32:00 Advice for traders
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Disclaimer
The content of this video is for educational purposes only and should not be taken as a suggestion to buy or sell anything

[samreeve]

What makes these interviews so great is the time spent looking through charts with these experienced traders and getting an idea of their thinking pattern, really helps thank you.

[jasonthompson]

Genuine and knowledgable guy= great guest. Interviewer that asks good questions and doesn't interrupt= Great interviewer

[fatih]

I love listening to Pat... he was one of the first speakers / traders I was introduced to at the beginning of my journey, and now years later, I still find gems of wisdom in his advice. Thanks Richard!

[crunchyroll]

Pat Walker is so humble, thank you Pat Walker and Richard Moglen

[darylwilliams]

Wow. If you watch this video and this video alone over and over and over again, and implement his teachings you will become a better trader. Definitely glad YT recommended this and I decided to watch it. Thank you for the insights and great content 👏🏾 👌

[clarenceturner]

These are the last of the great trader's of 40, 50 and 60 year's ago that time has forget when there was no internet.This is powerful information great interview Rich.

[RichardMoglen]

Always great chatting with Pat and I love how simple he keeps it when it comes to charting. Enjoy!

[mashedairsoft]

Pat is such a humble person and knowledgeable teacher, he truly does a great job pointing out what matters most. I'd love to see another video where he goes into more detail on the higher low pattern, especially his criteria and things to look out for as the setup develops. Thanks for bringing him on the podcast, great job as always!

[vijayenderbandaru]

Richard Moglen very underrated. Calm and composed. Always lets the interviewers talk and extract max info out of them. This guy will go long way. Amazing future you have my freind.

[RichardMoglen]

0:00 Intro
1:00 Early Mistakes
2:00 Study the charts
3:00 Lack of Resources
4:45 Listen to Your Stop Losses, 87 Crash
5:20 Mental and Financial Capital
6:20 Reading How To Make Money In Stocks
10:30 Meeting O'Neil, Zweig, Seykota
22:56 Rules which Help Performance
27:33 Let Trends Work
33:00 How to Handle Corrections
37:00 The Start of Charts
37:30 Good versus bad bars
39:29 Current Markets
40:45 Higher Low Setup
46:16 Clean and Simple Bases
47:55 Train your eyes
50:45 The Recipe for a winning stock
52:00 Higher Low Pattern
1:03:30 GS Stop Loss example
1:05:00 Average Loss
1:10:52 Full Trade Walkthrough
1:15:00 Placing your stop loss
1:21:00 Stop Loss Management
1:24:00 How to Sell into strength
1:31:00 Technical Analysis Recap
1:32:00 Advice for traders

[izhanjuarezgadea]

Incredible the energy and knowledge of Pat! Amazing good vibes! Thank u so much Richard, and bring back Pat pls!!

[antoineleonard]

Thank you for this great interview, and thank you Mister Walker. I have no word to say how much I am thankful for the things you do. You are a great man and knowing your personal story make me realize how much it has been tought for you in your early years

[sodds]

Absolute best video... especially the last 30mn. This guy is no BS. Best ever!
And Richard super humble get the best out of people...

[jaredyork]

This was a great interview Richard. Thanks for letting Patrick talk and explain everything in detail 👍🏻 I learned a lot from this

[Yetified_Mayhem]

Pat is so sharp! Talk about a memorized, dialed system. Really enjoyed this! Thx gentleman, very helpful.

[bidbinary]

As a beginner, I must say your interviews are incredibly helpful in understanding the big picture as well as developing and eye for important details. The long format is perfect for digesting ideas, and I find myself frequently rewatching your videos. Your videos have been the single most valuable source of content for me on YT so far. There’s a lot of noise out there, and I’m really glad I came across your channel. Thanks so much for doing these.

[ianandersen]

Pat always gives a fantastic interview. What a great guy. Love his honesty and humility. Guys like him make this world a better place. Keep up the great work Richard your doing an amazing job.

[Mybodylife]

Nevermind books, watch this guy over and over to cement the process, what a neat guy to listen to.

[mtnj]

What I love about your interviews are:
- great people, who love to share and educate us
- great questions, and how you let them speak and not interrupt
- incredible information being shared in these youtube sessions. just wealth of info
- great for us to watch this over and over again

So thank you Richard. Thank you Patrick, very humble and his talk is so straight to the heart/mind

[tsinh]

This interview is great. This guy is so patient, old sschool, follows logic, and fundamentals. I need to rewatch this like 3 times to get it. But it is so good.