A profitable trade two junior traders should not have made (too risky)

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[@tapiwarasara3276]

This is the type of trading education worth paying for. Practical and detailed. I used to think every profitable trade is a good trade.

[@sevenmajesticmcglotten-bon5132]

His course is 10k

[@sommi888]

🧡💛💚💙 You know Mike is the greatest trading mentor because he gives it to you straight

[@musicislifeproductions3602]

The education from these videos is second to none other.

[@manifestyourlife7]

lol Mike: "Not the kind of trade to be going to the gym....having a siesta."

[@theresonly1robin]

Tough love but imo the criticism here is so necessary as intraday trading could so easily be more like gambling/hoping/wishing. Constructive and honest feedback is how we grow....I love these traders, especially the guy with the concept 1 and they're privileged to get such great tuition. They'll be much better tomorrow....mission accomplished!

[@smbcapital]

That's our hope Robin!

[@siraj8046]

i need this kind of coaching in my trading. if you are at SMB you are truly lucky. excellent video as always !!

[@smbcapital]

Thanks Siraj, we are proud of the culture and training we do at SMB

[@6Deep6]

I appreciate this video greatly. I get more value out of the critique and how to address the issue than the trades that are executed perfectly. Very well done video. Great work to all involved. Thank you.

[@smbcapital]

Glad it was helpful!

[@chillwithmatrix9987]

This is the type of video that makes me think over all my previous losing opening drives. Thank you.

[@smbcapital]

glad to help

[@StardustTrade]

Thank you for this high quality education. I feel grateful you sharing this , learning so much.

[@sterlingpurdy8218]

Great learning video Mile. I’m a DNA student and new trader so these are really helpful. I love seeing a mix of new and tenured traders. It would be great to see some Shark and Swang trades with the tape.

[@smbcapital]

Thanks a lot! hope DNA has been good for you so far. We will likely add some more DNA content in future feating more from shark and swang so keep a look out for that

[@joebaby555]

“ This is a two hands on the steering wheel Trade” .... all my trades are like that !😳😳 Thank you Mike and SMB for these generous educational videos 🙏🔥

[@G_Mac_Trading]

Like the tough love, we all need it, great info on risk/entry/exit. Thank You

[@ayayrawnnn9725]

Thank you as always SMB. Most valuable trading videos on KZbin imo

[@smbcapital]

thx Aaron!

[@gauharsingh7015]

Risking 70+ cents on the trade isn't worth it especially on the open

[@Gregoz987]

I wonder how much better these guys doing today?

[@TheShadow_850]

Mike can we talk about scaling small entries VS adding big size into the winners in some videos in the future please ....always appreciated!

[@paolonieri473]

Yes, this would be very interesting..!

[@smbcapital]

good suggestion!

[@Tonymachunter]

Thanks for sharing. Try to watch all the videos, as they are extremely helpful. I'm from Ukraine, trying to trade small sizes and improve my skills. SMB one of the best sources to learn. I saw this spread and entry and thought the same: the entry price is not good enough. Thanks for the information, you provide. One day I'll be in NY and visit you.

[@smbcapital]

Glad the videos are helping!

[@KT-zx9jr]

Good clip and discussion. Good quarterly. Risks of a pop were there for sure including a conference call / analyst upgrade that made the r:r not really favourable as Mike discussed. Thks.

[@JR-kv7oz]

Thanks for another great learning video Mike much appreciated!

[@Dg-zj6jo]

ON POINT MIKE well done guys

[@smbcapital]

thanks!

[@Sebastian-qx3fu]

I love this videos, I keep learning😎

[@gauharsingh7015]

Your intern reminds me of Anton Kreil

[@toomuch10601]

I feel like mike being a bit hard on the guys on this one but he makes good points about great earnings etc. that this could really easily be an avoid.

[@mbellafiore19]

Chris Kenny this is not even remotely close to me being hard on a trader Chris. Hey this is a performance sport. If you can’t take by critical feedback, how you can you take the lumps from the market?

[@teebone2157]

beautiful info . Great explanations by both guys

[@smbcapital]

thx teebone

[@brandysoda8665]

Great video and feedback.OSTK is volatile!

[@smbcapital]

thx! yes definitely a volatile one

[@ravirajthakur8150]

Thank for valuable Info. Sir can you plz make video on identifying psychological levels & Inflection point in stocks.like you have given gist of it today.

[@smbcapital]

check out videos from Steve on our channel, he usually does a great job at this. The AM meeting videos are also really helpful for that

[@willeypickett9749]

what is the broker he is using for the tape?

[@FadeDance]

Not a "go to lunch trade" ...No lunch!

[@mbellafiore19]

mechtech256 I think there is some famous line from Wall Street about lunch

[@tmoney8887]

What do you guys use to record your screens?

[@razzyp3999]

Not enough yeses that agree with my parameters.could turn into a nightmare without fully controlling Risk . I see what you mean by not enough volume on that level Mike..A No trade for me thank you!.. Next!! One Good Trade doesn't recommend it! Better trades out there!

[@Curdle7]

Love Mikes facial expressions at 21:37 haha

[@marcuschan5664]

Does elevated Rvol usually increase the ATR or is it just a rule of thumb to not set the price target too far away from the ATR?

[@smbcapital]

Rvol and ATR will increase together especially when something has been in play for awhile

[@marcuschan5664]

@@smbcapital thank you!

[@basdeothomas2719]

excellent tutorial

[@smbcapital]

thank you!

[@Curdle7]

I love this

[@ggarneau23]

I see Dip & Squeeze

[@joshuasimms7787]

What is the level two/time and sales platform used

[@smbcapital]

that's our in-house platform

[@allenc2289]

How do I find RVOL on Think or Swim?

[@adambailey9014]

go to studies, edit studies and search RVOL

[@KT-zx9jr]

@@adambailey9014 Finviz is easy too, its right on the first chart table of info

[@JayeHK]

It's not available in thinkorswim. Some people have written it in thinkscript; I haven't; it will require a some careful time calculations for today and for an average of prior days, of volume to the current point in time (today and on the prior days). When a stock has a news catalyst, today's volume soon shows up clearly above past days on a volume chart, and it's easy to add a label on a chart for that. But pre-market, ideally you'd like a precise RVOL calculation.

[@smbcapital]

thanks for replies guys

[@padraicsy7385]

Hero trade

[@potopoto1201]

Yuh

[@gavnonadoroge3092]

first

[@Donks-R-us]

Ooof! You guys must have been doing really well cuz Bella really challenged the risk levels! But I'm very glad he did because I learned ...well...I'm starting to learn what he REALLY means. Thanks a bunch!