8-Figure Trader Shares Keys to Success - Lance Breitstein (Part 2)

[@tobiashernandez1515]

Addicted novice trader here and once I realized that my losses would help me learn more then any win I’ve ever had , everything changed. Excellent interview !

[@wally38]

Takeaways for me 9:15 - if you lose or doing something bad - you are finding out about and weakness and your job to evolve your system accordingly 15:28 - continue - shoring up armor 17:30 - super power - re rep not only good days but especially bad days - channel those negative emotions to improve and get better 21:25 - when have really bad day - dont leave till you figure out how to get better and never do that again - have to work through it 22:10 - what contributed to that good day - dont just brush over it - reflect on whats happening on wins as well as losses. could it be better 27:30 - magic is in 10k hors spend studying and interpreting your system - have to put in reps on your own 33:20 - top ppl recognize that in market where have to turn it off and adapt - no c trades - but when get aces still gotta bet big 39:50 - go gamble where your going to win - need to adapt and find whats working in this market (what if it last 2 years) need to be able to trade in all environments and build your playbook. find a broken slot machine 53:00 - dont trade the c set up and move that risk to A. Exponential risk and exponential EV. This what made him exceptional. covers small losses 1:02:00 - have to trust the process. imagine if you played poker and lost with aces. it happens. If 70/30 coin. Would still have losses in a row 1:09:00 - systemizing taking a case of every scenario can think of and building a case of whats good and whats not (edge finding) 1:17:00 - learning curve - deliberate reps and feedback. everything needs to be to purpose or goal to get you further. not just sitting in seat

[@luxetraderdame]

Lance shared so much gold. Key takeaway for me is it's time to combat those limiting beliefs. Why not me? Lance is so inspiring. Great interview!

[@tuckebarry]

The best interview on trading I've ever watched. And the interviewer is extremely amazing as well, so shoutout to you!

[@jonathanruppert5706]

This is pure trader psychology gold! Trading is 80% mental and 20% technical analysis.

[@rafaelosorio2251]

Mental borns from having a good system.

[@FortunOfficial]

disagree here. The more of an expert you become in one specific setup, the less psychology you need. It is important, sure. But instead of wasting so much time on mental work, you should study your setup more. Study hundreds of stocks and their history and look for your pattern. Analyze all details that happen during that setup. Boom, next time you plan a trade you know directly whether it’s worth it or not to enter

[@panTadzik]

TA is just astrology for Men.

[@HHesh]

@@FortunOfficial your right your strategy will give you your confidence

[@bogdanguranda5754]

Bring Lance back anytime, not getting tired of it. :D Great interview!

[@Lil_Clearout]

this interview is probably the best one ever made with the biggest learning aspect. And all that without ever going into specifics of a setup.

[@moneyneversleeps8941]

There is so much gold in this interview. Thank you lance !

[@kylem6481]

"Why not me..." Love this. Simple but so very true. It all starts with your mindset. Something I am working on to improve.

[@kennethalvis3906]

1:05 When thesis meets setup meets price action that is where money is made.

[@mrhypeness]

What a brilliant individual, thank you so much to lance and investors underground!

[@marketmercenaries]

lance... the trader i love the most

[@tradingarsenal9767]

18:45 - SO SO SO true! I used to let my losses get to me and at times take me down a crazy spiral... Over the years I have learned to accept these losses (and not only w/trading, but also w/my eBay business), as part of the game. Get better and better at managing losses/emotions during these drawdowns.

[@mannyk291]

What an excellent interview....... thank you !!

[@andy_uk3325]

Lance, thank you for your time and attention. Awesome video, one of the best motivational videos ever, period

[@ClaytonKimbrew]

Incredible stuff guys! Thanks for sharing.

[@robertk6377]

What a great interview. I was inspired by Lances comments on limiting beliefs 3:00.. Thank you both.

[@johndoe42373]

Wow such a great interview. I feel so inspired to do, to be better. Thank you Lance. Thank you Anthony. Thanks you IU.

[@erwinstocker4275]

Thanks for sharing the helpful insights Lance!

[@purple_mang0]

Thankyou! - limiting beliefs - your identify can limit you. Use cues to help you to your advantage - elite traders: i can do x - focus on process, not outcome - use extremes to build systems to see what's good and what's not. Eg what does the setup look like with a news catalyst, with high volume, with short interest, no news. Go through every variable you can think of - don't compare unless you're learning from them. Put your best out there. - what's your why. It can be dynamic - be the happiest, healthiest person that gives back - work effectively overtime. Not working hard mindlessly. Purposeful, deliberate feedback towards a goal - volume, price most important - bet exceptionally more in exception results

[@vt1707]

it was extremely helpful

[@Gmer00]

Powerful mindset 💪🏻

[@codyganske3188]

Absolutely amazing 👏

[@gummygams3138]

I did watch the whole video. This is really helpful, great sense, and I think this type of interview should be the standard. There's nothing about boasting, marketing or any sh*t nonsense about trading, it's just pure good information. Gold nugget video man. P.s. if you really watch the whole vid, you know that his armpit is sweaty! kiddin aside. Great vid. Thank you! :))

[@gabylan_barros]

Unbelievable interview!! Great questions that allowed him to go into details on his perspectives. A lot of wisdom there!!

[@dannytetreault]

This Lance Guy is everywhere!

[@zarols9445]

Always blow my mind to hear such quality info from guys like that, so high up in the game, who really don't have to, but just enjoy giving away for the good of others ! Golden nuggets after golden nuggets - Great vid, great mind, great guy !!! Thanks a lot Lance 👍👍

[@XSAoRAD]

Top notch interview!

[@austinsellerfinance]

So we’ll said. This was very helpful. I been truly Experiencing exactly everything that was mentioned. This information Couldn’t have come at a better time as I build my trade plan and Battle with the psychology of what it takes to be a good trader. Thanks for this interview. I will listen to this interview every day to get my head straight.

[@sandrapanditcook8688]

Such an awesome and insightful interview. I learned so much about persistence and consistency. Thank you for sharing!!

[@thechickenduck8377]

You had me at Zimbabwean snake breeding rights.

[@zolid1987]

People who achieve big things in life don't look at failure in bad way rather reframe it as an opportunity to learn this it self takes a lot of fear away.

[@anmxman]

I just love Lance!!

[@myfeeko]

Thank you for sharing this stuff Lance! Sometimes I have a hard time trusting that I'm focusing my energy on the right things and listening to this helped me confirm that I'm focusing on the right things and to keep showing up. Great job on the interview Anthony.

[@rafaelosorio2251]

39:04 the best!

[@skaterdude14b]

Man this stuff is good.. great even, but I need to see his charts of his past trades, entries, stop loss, take profit, what setup he saw. like the TWIST podcast. 100x more helpful, imo.

[@Matthew-Th]

Iterate out the bad. Double down on the good.

[@juandavid5603]

be consistent, be healthy, try harder

[@nev53]

"When you bet exponential on an exponential, things just go to lollapalooza world"

[@mushrifsaidin]

Damn, Anthony is one extreme dude...

[@realtalk.l881]

Amazing interview

[@MakuLabs]

Great interview. Now I'll go and watch the part 1 ❤️

[@homeless__cat]

Thank u for ur time

[@nondscript1751]

This guy Lance is on it

[@joannahuc1318]

Lance is pure gold. Thank you!

[@CFO_100]

Great interview, thanks! Can you explain what is "Long Term Expected Value"? I'm really trying to understand the bobblehead concept.

[@simon5426]

Does anyone know who Lance refers to at 8:00 ?

[@christraderistic5544]

I believe Kenny Sharkness (aka Shark), a successful trader at SMB

[@guyfromthai8746]

Great stuff

[@mac582]

Love the beginning, seriously why cant I figure this stuff out if others have? I'm going to get on SMB eventually, who can stop me but me?

[@thongalamithetrader8337]

What is the AMCG markets ?

[@VB-oz5cb]

I feel like I have the mental conditioning to wait for a trade and follow a process but I lack the setups and helpful tools such as scanners to be able to take advantage....

[@Billyonaire__]

52:30 gem

[@nc1975]

Can you ask Lance how can I learn more setups?

[@codfellaz]

8:00 Kenny SMB

[@victorbozhkov7121]

Regarding the big bid/offer on the level 2 , you also gotta ask yourself, why is this guy showing himself and his size when he can iceberg it, is this at the low/high/extreme of the day or at an important level and other nuances. I've been trading sh&t liquidity stocks for my whole trading career and I can tell you it's all about the little details. why would I in my right mind show my 100k offer on a stock that is already selling off if I'm "trapped"

[@makincash3337]

I'm getting "Go big or Go home"

[@VB-oz5cb]

must be wonderful to have so much money that the only thing you have to think about is being the happiest you can be.... wish I had that.

[@henrybecker9708]

AWESOME!! Hmm . . . The ability to sustain! He is just like me, if my play book is valid, if the key recipe for success is there, and I have the right mindset. Yes!! I can do it too. Great authentication and sincere interview. Great job guys!! Very inspirational. I needed this video this weekend. Warm regards. Keep up the great work. iHUNTCharts

[@thechannel6644]

I will be a millionaire day trader mark my words.

[@PapaU81]

This Joe Biden market does suck

[@streetsmartnyc]

Treat this as a job that you're putting your name on or better yet can pretend you r an air traffic controllor and every move you make lives are at stake