A profitable trade setup for a very weak market

[@smbcapital]

SMB Workshop (free) bit.ly/32J8Lcj 📈

[@gaborpapp6253]

The bonus strategy link is not working.

[@anthonymorgan935]

It’s hard to believe he’s only two weeks in at this point, seems to have a very high level understanding of the market and edge! Keep up the good work!

[@sonoradrift]

He's been trading personal and family accounts for a while before this, but yes, I bet the SMB mentorship is going to let him flourish as a trader!

[@redart3005]

indeed, he does sound smarter than your average bear.

[@JosephCordero2]

This was my number one trade idea I shared with my community. It feels good to see one of your guys executed on this idea as well. I also noticed how the rise in after hours was on low volume. Great trade!

[@mbellafiore19]

👊

[@seancollins1734]

Alex was only on the desk two weeks and made that trade? Amazing! Love the setup. Easy to see variables: bearish market, meme stock with weak fundamentals, gap up a certain percentage on news. High percentage play that the price was going to do down. Mike, I like what you said about if you recognize a pattern, select the right stock in right direction, then you don't need to trade it that well. That is definitely where I am in my trading experience. I need every edge I can get 😀

[@miketiger2030]

Opportunity meets preparations = millionaires are made Watch this boy .. next in line . Very nice Trade breakdown . I loved it . Keep them coming SMB you guys are the real BOMB 💣!!!

[@mbellafiore19]

Thank you Steve.

[@carlostorres-xb1oj]

this was a great vid ...this new kid seems super sharp ...good job. gratitude for sharing.

[@kobiemahiri9272]

Great video. Thorough analysis of a trade setup that is currently working. Great interaction between the lead trader and the newer trader. After this video, I will be watching these +5% gappers for a potential opening fail. I probably won't take the first move down, but I'll look to take a small put option if vwap fails also.

[@mbellafiore19]

Thxs for your contribution to the discussion Herr.

[@GarryI449]

Great stuff Mike and Alex!

[@bleiser06]

Very proud of you, GO Alex.

[@KGtrades]

I trade gap ups & downs in a very similar way so it was cool to see his perspective! I have found this to be effective when spy qqq iwm are all gapping and playing the 1min opening range break. Offers great rr and potential to leave some running the whole day.

[@ellievon6479]

There’s so much dignity and respect to be an independent woman.I spent my 20s working and investing. Now I’m 31 and I have about 10 streams of income . Supporting my husband and kids and buying anything I want without asking anyone for moneys. Not gives greater joy than that. lots of women need to get to work no matter your husband’s or partner’s financial status

[@kathythompson6021]

I’m really inspired.Been doing some 9 to 5 jobs but really looking into investing for a long time now. Can you share how you started your investment, type of investments and how you are earning from it

[@ellievon6479]

@@kathythompson6021 I invest and trade financial market. It’s been very lucrative. With the profit I made over a year , I was able to buy a restaurant. But trading is not what you do without proper guidance. i have a broker who handles my trades because I'm always too busy managing my restaurant

[@vickdin480]

@@ellievon6479 Sounds good. Financial market is profitable and can make someone rich but it requires a lot of effort, consistency and time. I tried it 2yrs back but couldn’t handle the statistical analysis. It’s like mathematics

[@kathythompson6021]

@@ellievon6479 Who’s your broker and how can someone be part of his services?

[@ellievon6479]

@@kathythompson6021 Look him up on the internet and leave him a message on telegam he’s quite popular for his services

[@rawfit4960]

Great review! Love the pattern and thesis on this. I agree, 4.55 atr on the 1 min breakdown is a pretty wide stop and not too optimal. Looking at this chart I see that first pull-in into VWAP and failure as the best R/R entry. Really nice work! Btw Bella, I would love to see some examples of the “Roll Over” pattern. Maybe what exactly you guys at SMB look for in the beginning of the “Roll Over” phase. Perhaps the first wide red 5min candle at the top of the trend, a cross of the 9ema/20ema, climatic volume etc. 👌🏽💯

[@oceanblue2386]

@SMB Capital Mike, what did you say ? 07:45 Trading psychology isn't as detrimental to newer traders? Can you explain more this is the first time I heard anybody point out that distinction.

[@cjcjesse]

Point is that newer traders tend to lack edge which is more detrimental than psychology at early stages. Without an edge you'll never truly succeed as a trader. When you have a real edge and a refined process to expose yourself to that edge and trade manage it well, then psychology plays a larger role in terms of discipline over the long run.

[@tr.j4079]

Also these days retail traders tend to overleverage, which means even if you have edge you may still blow up your trading account due to poor risk management.

[@mbellafiore19]

Developing traders need to focus on developing edge first. If you don't have edge trading should be frustrating. We don't spend a lot of time talking about psychogy at the start. It does matter. But it is connected to traders finding their edge.

[@oceanblue2386]

@@mbellafiore19 thank you for clarifying that that certainly makes sense. I would have to add though from my experience even from the beginning I was struggling to follow my process. I had my trade plan outlined the night before I woke up and focused on it the morning of and damn if I didn't follow my rules. Then I sat there minutes afterwards thinking why did I just do that. And I would do it the next day rinse and repeat and just can't understand if I want to do something so badly then why don't I. That is a mental thing, and it would confound me thinking about it the rest of the day. Psychological help would be needed to understand how I could possibly do that day after day after focusing so much on doing it according to plan instead. As I've always said "the mind is a terrible thing to trade with." 🤣

[@SM-vt3vb]

Nice Alex, way to go!!

[@HitAndMissLab]

Brilliant video.

[@ai_robozen]

I’ve entered gme short positions with same factors in mind. Awesome

[@Gregoz987]

I can't believe how little I know about trading after watching these great vids one after another. A bit overwhelming to. I'm so grateful for the wealth of knowledge it's been a lifeline.

[@calvinappleberry2437]

Gonna see if I can use this play for HOOD this week. Good stuff.

[@razzyp3999]

Great stuff👍

[@mbellafiore19]

Thank you Razzy

[@mohammadfarzan230]

Thanks

[@alexcoughlin7076]

Great video. Chart annotations hard to read with such a small font size, sadly, but good video. Thanks!

[@thelongislandguy]

Very informative, thank you! I’d like to know more about how this trade was planned ahead of time; how does one come up with the strategy?

[@mbellafiore19]

Watch how we put trades together and some strategies we share here.

[@RMPM.]

I like how this trader thinks

[@hy1687]

Can anybody help me understand why you want short float % to go lower instead of higher if you want to short the stock? I thought if short float% was higher, it would be good for short. Thank you so much for your help.

[@DK4Code]

It’s easier for a stock to squeeze if short float is high

[@hy1687]

@@DK4Code ahhh makes sense!!! Thank you so much!

[@s_w_c]

How cool are those green roofs in Mike's background?!

[@mbellafiore19]

Daily view from my trading station

[@drpratapsinghjat5014]

Thnks

[@markmcgwiresbackne5705]

Careful long next week on the new month, that you don't get caught pinned at the highs on something overbought on the Daily.

[@charleswilliams8973]

Love that thumbnail

[@mn_1378]

MRNA on 12/20 pretty much the same set up

[@sLlXsss]

or KOSS 10/13

[@mn_1378]

@@sLlXsss yup. Thanks for sharing

[@88matheos1]

Great!

[@krishnaramtohul818]

We have loots of big move in brazil market.....The market is very low and cheap....

[@Jeff-xy7fv]

I wish I knew everything that this guy knows and had his trading skills back when I was a junior in college. I'm almost 50 years old now. I'm so fking stupid!

[@JosephCordero2]

Ah man don’t say that, it’s never to late to start keep at it

[@mbellafiore19]

We still have a ton to learn as well.

[@billyblack3816]

No offense but these playbook setups aren't the same without video of the tape, it's just way too important to skip something like that.

[@JosephCordero2]

I think the key take away from this video is how increase your odds of a winning trade with good stock selection.

[@mbellafiore19]

No offense taken

[@alexleiser6100]

Thanks for the feedback Billy I’ll work on that next time.

[@PapaU81]

Great video as always ,but we are in a Joe Biden week Market, when Trump was in office the market was awesome the economy was awesome we were energy independent. I would take some Mean Tweets right now over what's going on all around the country and the world.

[@ai_robozen]

Spy 460 by Feb 9

[@gz4l72]

🤣🤣🤣GameStop price action is dictated by market makers having to hedge and a massive amount of FTDS being covered at the end of settlement cycles no news moves this stock

[@HamsterHearthstone]

Wallstreet advertising weak market strategies? An insane bull run is probably incoming, taking everyone "by surprise"! Hahaha.

[@tr.j4079]

lol these guys are not your typical wall street funds

[@mbellafiore19]

We are sharing what we are seeing. We are sharing what is NOT working on the desk. We are sharing what is and why. No agenda. We are a PnL prop firm first. We deploy significant capital behind our strategies. Anyway, this is what we are seeing.

[@gomesdiogo]

welcome to the amazing world of trading, where you can earn money selling and buying, and therefore where traders (and prop desks) don't need to be on the bullish side or on the bearish side, they just need to be on the right side.

[@HamsterHearthstone]

@@mbellafiore19 Thank you for posting these videos, Mike! SMB is awesome, I was just trying to add some comedic value with my comment. :)

[@mbellafiore19]

gottcha

[@mustangs263]

Thanks Joe Biden LMAO.