In the "#Face2Face with Marios Stamatoudis video, Marios, a top
performer in trading, shares his insights on acquiring foundational knowledge
and deeper understanding of the markets for sustainable success. He emphasizes
the importance of focusing on the present moment and ignoring macro events,
while also discussing the significance of price action and identifying
profitable stocks following earnings announcements.
Marios introduces his trading strategies using moving averages and the Average Daily Range
(ADR) metric, as well as his investment strategy focusing on sales growth and
acceleration in earnings. He also shares his process for finding potential
stocks to trade using the TC2000 charting platform and his risk management
principles, including tight stops, opening range breakouts (ORB), and catalyst
gaps. Throughout the conversation, Marios stresses the importance of
preparation, understanding the principles of trading, and maintaining a positive
mindset.
Marios shares his strategies for managing stock positions and selling
shares. He aims to add new stocks above his new average price and limits
positions to 25%, but may go up to 30 or 40% if there's room. Marios sells some
shares into strength and leaves some for weakness, adjusting partial sales
based on a stock's volatility. He may close positions if they turn red and
emphasizes the psychological benefit of having all positions green.
Marios also discusses his trading strategy for stocks that experience
significant price increases following a catalyst event, waiting for a
three-multiple ADR move before taking profits and trailing the 10 and 20 moving
averages. He encourages traders to understand potential risks and false breakouts, recognises strong price action and enters at the right time, and manage a stock position by adding more shares while maintaining a stop loss above the new average price. Marios appreciates the clear and defined process
discussed and expresses his belief in the universality of learning.
Your Speaker
Marios Stamatoudis
Your Host
Vivek Bajaj