Love the concept of Friday meetings to discuss the weeks playbook trades. Thats a high value opportunity within SMB. Other Takeaways -Making sure volume comes in on trendline breaks is crucial to ensure other trades see the same weakness. -Stop loss should be placed in accordance to your trade thesis being wrong. NOT justified by tying it to an indicator(VWAP) -RVOL increasing is a good sign for sizing in long, the inverse is a bad sign for longside momentum. -Size according to the opportunity, don't chase linear sizing.
@smbapplicantross8842 жыл бұрын
@@shantanu925 Thanks!
@Kevin-Wilson Жыл бұрын
I love the concept of sizing up with more confirmations with trades to hold, can see how it can help hugely with confidence when you get those extra confirmations. Alot of nuggets in this 👌🏼
@theshodiyor892 жыл бұрын
traders community want more videos from experienced traders like this
@moejake43882 жыл бұрын
That look he gave you when you were pondering if he was a senior trader. "Dude I've been here for 4 years!" -Justin
@regevvino Жыл бұрын
what an amazing high quality video! now i understand how true education feel like. confidence, inspiring and high standard.
@smbcapital Жыл бұрын
thx vino
@jackwoods85504 ай бұрын
i was loosink 1000 dollars on a trade i put this video on now i'm green. Cheers.
@davidcruz766 Жыл бұрын
The book club is a great idea and I think your audience will greatly benefit from book club pick discussions.
@casanova1012 Жыл бұрын
this is the best risk management video for trading
@jackjack8390 Жыл бұрын
I've gotten a ton of value from this video.
@maheshchavan1863 Жыл бұрын
please keep sharing more and more knowledge you guys are awesome, million dollars knowledge sharing for us, God bless your firm. lots of love, I'm learning so much a not skip any videos I'm going one by one want to learn process of trading i want to be my career with smb dream job. I'm so passionate
@bto92732 жыл бұрын
Video filled with good information for the trading community. Thank You.
@smbcapital2 жыл бұрын
glad you took a lot from it!
@DentexDentex12 жыл бұрын
Gonna watch this one a couple of times, brilliant vid! Thank you!
@MichaelWilliams-so5sk Жыл бұрын
Great video, you guys are amazing. i luv this breakdown of the entries and stops and not just about the trade management but also psychology management. ONE OF THE BEST VIDEOS TODAY. More videos like this please!
@padraicsy73852 жыл бұрын
all class... ive been following justin for a while and really alot polished now and organized in thought expression
@smbcapital2 жыл бұрын
he has grown tremendously over the years
@whimsythecrypto-hippy-wolf19002 жыл бұрын
these videos are so freaking valuable! thanks SMB
@Lonor772 жыл бұрын
Brilliant stuff! so many great points to take away, trade setup, trade management, trade review...... Thanks!! Need to rewatch for sure
@joenico67852 жыл бұрын
Great video guys thank you! I got a lot out of this one as I am currently working on the trade break down process at the moment
@smbcapital2 жыл бұрын
thx Joe!
@lightkirsche2 жыл бұрын
very useful information for newbie like me (million-dollar video). thank you.
@smbcapital2 жыл бұрын
You are welcome Ki So
@swissair590 Жыл бұрын
Such a great video, I learned a lot out of it. Thank you very much
@kphilipps552 жыл бұрын
I so much enjoyed watching this video! thank you, guys!! Looking forward to see more like this)))
@smbcapital2 жыл бұрын
thank you! more to come!
@rogisotnas2 жыл бұрын
Great detailed video! Pls keep them coming!
@mikejack11482 жыл бұрын
Great love these talk through with the sr traders. One thing I often seem to miss is the entry points after noticing volume changes.
@SouthFloridasRestaurantGuy2 жыл бұрын
Love hearing the jargon
@tradeforcharity2 жыл бұрын
That hot garbage laugh was "You are going to get fired if this trade does not work." 🔥🔥🔥
@tradeforcharity2 жыл бұрын
BTW - nice tip on the trend line break volume correlation
@theglisanberglundagency9390 Жыл бұрын
Wow this is good/relevant. Watching it all twice. As usual. You guys note this same divergence in MARA--showing strength while QQQ and BTC faultered--yesterday on Friday 2/10/23?
@bully1676 Жыл бұрын
1:04 the last Boss you must defeat in order to gain top trader status
@achimlerch43156 ай бұрын
Hi Guys, one question about the RVOL calculation. Which anchor timeframe and length do you use? I usually use the day and 10, but since I listend to the comments you made about your trade management using the RVOL, I am curious. Thx for your feedback.
@t.j.mueller--artfromabove18372 жыл бұрын
Brilliant as always, Justin. How can I join your Friday Zoom meetings?
@smbcapital2 жыл бұрын
T.J. you can contact Justin on his twitter twitter.com/sperotrades
@mjames4142 жыл бұрын
Much respect guys, love the information. Can we have anything related to time and sales in another video and fibonacci retractements as well. Thanks!
@GuYuHei2 жыл бұрын
for $MARA setup, does it count as a B+ setup? Also, if you see the price holding above vwap & $7.0, do you enter right after the doji candle close OR wait until the volume and price to expand?
@tradeciety1gmailcom6772 жыл бұрын
ʀᴇᴀᴄʜᴏᴜᴛ🔝🔝.. 📈
@jaysteve44422 жыл бұрын
Good stuff. Kid from the Jersey shore is a trader now, cool 😎
What was the name of the book that was referenced? It sounded like "Thinking Your Best" but I couldn't find any books by that name.
@couchpotato6842 жыл бұрын
Thanks.
@MinotauroTrading6 ай бұрын
Oh man it would be very nice to be in a trading team. One thing that i noticed about the volume is that sometimes the bar goes really high and nothing happens in the chart and sometimes the volume is very low and the chart makes a big move, has anyone had this problem i dont know when to trust it.
@lightofmylife16162 жыл бұрын
is a playbook like a physical copy of your entire trading business plan? How many pages is one typically?
@meo11282 жыл бұрын
a playbook is just the strategies you use
@smbcapital2 жыл бұрын
It's a single trade setup. PlayBook might contain many different setups that are all A+ setups
@sitawanardit53369 ай бұрын
can i know your vwap set up mate
@throxx54402 жыл бұрын
What is idea behind EMAs trail stop when you use those EMA as a trail stop?
@tradeciety1gmailcom6772 жыл бұрын
ʀᴇᴀᴄʜᴏᴜᴛ🔝🔝.. 📈
@Schoppenglas2 жыл бұрын
Bar by Bar? Is this new concept for friday night?
@tradeciety1gmailcom6772 жыл бұрын
ʀᴇᴀᴄʜᴏᴜᴛ🔝🔝.. ʟᴇᴛ’s ᴅɪsᴄᴜss 📈
@EMan-cu5zo2 жыл бұрын
I enjoy investing and trading but in reality it does nothing to benefit the world or the economy. We are basically leaching off others. As for long term investments you are at least giving capital to the companies but trading is honestly just a game. Like I said if I get a good trade what did I do? It is fun and stressful but doesn’t do anything but take money from someone else. Not really a job you feel fulfilled by.
@tetraanon97422 жыл бұрын
TradingView has a free Pine Script RVOL indicator that looks like it might do the job. Coder is LonesomeTheBlue, title is RVOL Relative Volume - Intraday