Esports Pro Attains High Score Playing the Stock Market · Brian Lee

[@LifestyleTradr]

Brian is one my favorite traders I follow on social media. Even if I’m not a stock trader (futures trader ) a lot of his principle are good foundation to make a real career out of trading

[@estebanangel4791]

Wow one of the best chatwithtraders episodes hands down. I feel so identified with Brian in many aspects of his trading journey and very motivational to keep pushing forward.

[@BrianLeeTrades]

[@hoatran-ll7lo]

Thank you Brian for sharing your trading journey Your emphasis on risk vs reward and max loss has been very helpful Wishing you continued success 🙌

[@Madu_abuchi1]

Appreciate your comment. Bitcoin is literally taking over all trading platforms, send my broker a text for investment platform

[@Madu_abuchi1]

Wht’s@pp +4. 4_(7. 8. 6. 8)_7. 2. 1_0. 5. 1.

[@kevindurant5516]

I remember watching you bro back in 2012! We are around the same age and I can really relate on moving away from the game we loved, growing up and now into trading! Happy to hear from you in this podcast fluff!

[@BrianLeeTrades]

Thanks man! Good times but we gotta evolve as people

[@jonboybilly]

Dota 2 still lives in our memories lol. Nowadays daytrading is our game.

[@bigding8977]

I love that he emphasized max loss. I started trading options this year and nearly blew up two accounts. I learned the hard way about risk management. I'm still learning. I had to get hurt before the lesson really sunk in. Now I think about position sizing before every trade. Great interview.

[@BrianLeeTrades]

Max loss !!

[@danielmateofitness7618]

Here from the confessions of a market maker podcast with Ray. Love you Brian

[@Madu_abuchi1]

Appreciate your comment. Bitcoin is literally taking over all trading platforms, send my broker a text for investment platform

[@Madu_abuchi1]

Wht’s@pp +4. 4_(7. 8. 6. 8)_7. 2. 1_0. 5. 1.

[@BrianLeeTrades]

Thank you

[@sylviachen9184]

Great interview. I just started following him on Twitter and one of his tweets talks about exit triggers being just as important as entry signals. My strength has always been entering at the right moment but often I sell too early. So going to put more emphasis on exit triggers going forward in my trading by scaling out and holding very close to my profit targets.

[@BrianLeeTrades]

that's the stuff!

[@sylviachen9184]

@@BrianLeeTrades 🙌🏼

[@User-Tal1951]

Does it have to know when will it be a scalp or a swing ?

[@sylviachen9184]

@@User-Tal1951 Regardless of the strategy you should know your price target beforehand.

[@timsmith1043]

I know his entries exit from the charts he posted few years back, he literally shorts at very top and covers at very low of day.

[@arianfusha1853]

This was great. He has very similar style of trading as I do. He really opened my eyes about high R:R with lower win rate. I wonder how many trades he takes a month if hes waiting for these big r:r trades. I may have missed it if he mentioned it.

[@druidtrading]

i had to stop at 20 min mark to say, Fantastic interview! Nothing sugar coated, talks about his losses in value and %.. I hate interviews when they just say "yea things are going good" without any speaking of results.. Its like having a sports show and never talking about Points/Touchdowns/Goals etc... Trading is all about results, and when i listen through a 1hour podcast without getting anything.. so annoying

[@BrianLeeTrades]

[@WoolleyWoolf]

Honest and insightful, thanks

[@aimefidele12]

mom is only woman will be with you whether you're loosing or winning .......much respect to you all moms , is really beyond understanding how his mom believed in him after he lost 100K and gave him insurance money ........

[@jasontaylor2237]

thank you Aaron and Brian. another great interview with great questions and valuable lessons learned.

[@BrianLeeTrades]

Thanks Jason!

[@jasontaylor2237]

@@BrianLeeTrades hey Brian I was wondering what is the best way to reach you? twitter, IG , email etc. was wondering if maybe you could answer a couple of questions for a struggling trader such as myself. thanks

[@BrianLeeTrades]

@@jasontaylor2237 twitter is the best Jason

[@hamisintunzwenimana8083]

Good Technical 1. Position Sizing; R Multiples 2. Systems / Community / Tharp Think

[@DavosSuperColoring]

So far on of the best podcast with one of us Retail independent traders . I found myself in many descriptions but this time very deep . Very descriptive scenarios with very specific keywords ... Yes loved it . A very good example of discipline once you have a great setup or 2 and stick to it once is tracked and provides exponential growth edge with minimal risk. At some point I think he mostly talks about Gap and crap mentioning trash companies / dilution / toxic charts / cause OEGD is more like a formal runner tipe of trade waiting for backside

[@BrianLeeTrades]

Thx Dan that is high praise considering the lineup of traders!

[@logankurtz409]

Nice interview Aaron!

[@RobHavemeyer]

Great interview! I heard Brian saying he was using TOS but given his main strategy is shorting penny stocks that wouldn't be accurate. While its great to look at "R" or having a price target, I'd love to hear how he could even estimate a price target on recent tickers like SPI, WWR, VVPR, AGE, PECK,, PPSI, SUNW All of these tickers have so much volatility with unforeseen price action and movement I'd love to know if there is some secret sauce to knowing what may or may not happen.. Companies who need $ and have a history of offerings is documented... But how could anyone explain say JKS for the last 20+ days with no down ticks... from $20 to $63 in the last 20days

[@BrianLeeTrades]

I use TOS as main charting and lvl 2 from my various brokers. Estimating price target comes down to mean reversion as I stated + backtesting and std deviations much like Anthony Riley's interview you'll find on the channel. Not all patterns play out, price action is king. Supply/demand.

[@joshm9163]

Definitely right about implementing a max loss for the day. Lots of little gems being dropped if you pay attention.

[@BrianLeeTrades]

I'm glad you noticed! It'll be worth revisiting the ideas for some people because we aren't always ready to receive it but if we are then it'll be super helpful.

[@MetaMikeG]

Explain

[@BrianLeeTrades]

@@MetaMikeG every pro trader at any firm has a max lockout but retail is in full control of their own hands.. a lot of the time they 'think' they will not take a big loss and break rules which leads to the most blowup scenarios imo

[@MetaMikeG]

@@BrianLeeTrades I see, thank you for clarifying.

[@BrianLeeTrades]

@@MetaMikeG No problem Mike. if there's anything I can get across it is that!

[@mannyk291]

Excellent interview....... lots of golden nuggets here........ thank you!

[@BrianLeeTrades]

ty!

[@dft9999able]

Best quote ever, Aaron, "It's easy to get your face ripped off if your risk management is sloppy." No truer words have ever been spoken. haha

[@skaterdude14b]

26:00 26:50 sooo relevant right now with the NFT boom happening 31:35

[@amalzamani7844]

The last 3 advice are very good.

[@LargeBanana]

"what am I looking for in this chart" Answer this question has been the hardest thing for me in trading. My best biggest problem is that I see every condition as opportunity. Somehow I can rationalize every entry and I can find patterns to back up everything but it's just shit entries with shit exit and no strategy. I know my weakness therefore I can try to fix it one by one.

[@BrianLeeTrades]

Try to systematize your process so that there is data backing up your entry and exits vs. our emotions. Look at something long enough and you will almost always rationalize a decision

[@LargeBanana]

@@BrianLeeTrades That's true I know that my problem is the lack of data from which I can derive what am I actually trading so that I can start looking for things to trade systematically. Journal is key IMO and yet my journaling game isn't strong enough.

[@BrianLeeTrades]

@@LargeBanana Fair enough, just start now don't wait. If I want to get data I will just start forward testing by picking up different tickers that fit a certain style or criteria taht I want to learn omre about and then review those everyday moving forward

[@Michal_Sobczyk]

@@LargeBanana Quit journalling, it's useless. You're supposed to have a specific, objective plan before you open a chart and not deviate from it. If you're journalling it means there were some things outside of your plan that caused you to send an order. Your strategy should be driven by data from the past and supported by objective evidence, not your thoughts about a chart or 'opportunities' to make money. Say 'no' to EVERY opportunity you hear during trading and focus on data and evidence.

[@kevtherev8194]

POLITE SUGGESTION: if you don't know what you're looking for, then STOP trading and NEVER trade - because you gonna lose lose lose...

[@quinnortiz5396]

does any1 know where i can learn the system Brian Lee trades?

[@gf5050]

Brian, one important question pls: when you mentioned some of yours winners are 20R, does it mean you scaled it up to 5 tier of 4R for example and they all hit targets in the end?

[@johnb4091]

Think he meant single trades can run out to 20x occasionally.

[@gf5050]

John B Doubt it. 20R is huge on intraday basis. Too rare and only possible with extremely tight stop and he mentioned he leaves some room and hold pos for hours... anyway hopefully he enlighten us lol

[@BrianLeeTrades]

@@gf5050 Yeah it happens extremely rarely but it will happen under one circumstance. A+ setup where I double the size but take on the same risk and then it has the perfect trend, I've only had it happen twice... it does happen. VERY rare. It's where you add to a winner as it trends and tighten your risk with A+ criteria in short.

[@gf5050]

Brian Lee thx. Do u have a blog entry /post when u go into details about ur profit exit? How do u let R run so big? Half fixed and trailing rest with ema/vwap etc?

[@BrianLeeTrades]

@@gf5050 No it's exactly what I said in the episode. Find your 'mean' to revert to if short and then I let it hit my PT. A lot of people know where they want to take it but dont wait that's the issue. I am uber patient with it

[@pete71486]

Really good interview.. wish you would have shared at least what indicators work for you at 35:25.. not necessarily criteria for each, but at least which ones you use. I do get your reservation because if everyone starts doing the same thing, it stops working lol my own selfish reasons I wish you shared at least what they are 🤣🤣

[@adokoka]

@Brian Lee: Great come back! A question or two: how many trades do you take on average a week? Do you diversify your strategies? Many thanks .

[@BrianLeeTrades]

I do have a few other strategies I will do but I tend to trade 2-4 tickers per day, trades vary based on the amount of times I am cutting

[@chewie1355]

Thanks

[@Shambayamiti]

This duke speaks to my strategy for this marketplace until the illusion of quick money changes.

[@arrowb3408]

Terrific trading interviewing podcast with GOOD POINTS OF TRADING QUSTIONS IN TEACHING AND DETAILS compared with Tim's videos. Highly recommend to any new learner in L plate. Thanks Brian and Aaron....STF

[@BrianLeeTrades]

lol Tess you crack me up, that is a great compliment. I try to be as practical as possible so that someone can listen to it and DO it vs be more confused.

[@BrianLeeTrades]

also... what is STF -- what does that mean?

[@tylerm1053]

Whats the blog he mentioned with a good article on risk reward...Lone star trader or something?

[@BrianLeeTrades]

@@petersonGichuki www.lonestocktrader.com/making-impossible-not-consistently-profitable/ this one to be exact

[@petersonGichuki]

@@BrianLeeTrades Thank you

[@jeffshackleford3152]

Is Brian trading options or equities? He is very Tim Sykes/ Tastytrade

[@BrianLeeTrades]

Equities. Oh man I've never heard that before

[@jeffshackleford3152]

@@BrianLeeTrades I don't think that is a bad thing... penny stocks w/ dilution is a very good strategy, it is also very Tim Sykes. Reversion to the mean is a very Tastytrade concept, also a very good strategy. I use both of those ideas in my trading, for equities I do penny stock w/ dilution and I sell high IV% options. Though admittedly I am much better at options than equities.

[@BrianLeeTrades]

@@jeffshackleford3152 I see what you mean now, options are definitely something I want to explore in the future

[@jeffshackleford3152]

@@BrianLeeTrades They are cool, it is a lot slower paced and you will not be hitting any home runs, especially if you sell premium. I find it much easier to " plan the trade, trade the plan" with options income trading.

[@nepatriots77]

I like a lot of your videos but I just really loved this and I felt like I could relate to this guy.

[@BrianLeeTrades]

[@The-Glitch-]

Calm and compose guy.

[@BrianLeeTrades]

thx

[@MetaMikeG]

He said trading is still a bit obscure and I agree, that’s why I like doing it also.. not everyone knows about it and wants to educate themselves on it.

[@igazii6258]

His career looks similar to mine ,i am also pubg m esports player before it get banned in india now i am trading full time as college are closed

[@rishabkariya9407]

Inko indian bhi sunte hai mujhe laga mai hi hu😅

[@ЭльдарГайнуллин-ф3б]

...ACOR... !!! Strong buy and potential short squeeze with target 6$ !

[@icyboy771z]

CIS the legendary Japanese trader also loved playing video games and he is very good at it..

[@endured]

His ingame name is FLUFFNSTUFF from Team Liquid Dota2.

[@BrianLeeTrades]

true!

[@nustaimo6755]

you didn't ask him for book recommendation

[@BrianLeeTrades]

Atomic Habits #1, The Compound Effect, Inner Voice of Trading to name a few very impactful ones (first two have nothing to do with trading itself)

[@nustaimo6755]

@@BrianLeeTrades Have read the first 2, will checkout the 3rd one. Thanks a lot Brian

[@keithwisdom1663]

thanks- he went thru a great test and pass losing 100k and having to act great for 2 weeks around his in laws!!!!!!! gangster.

[@BrianLeeTrades]

haha

[@datatrader295]

I just want to express how I feel trading with the best trader I have ever seen since my life, I'm so happy to meet you Mr Richard Steve you're really a very good and God fearing man.

[@briankevin8112]

May God continue to bless Mr Richard Steve, he made me what I'm today.

[@thinkingcrypto651]

You saved my life from debt Mr Richard Steve, I'm really so grateful. May God continue to bless you.

[@MaxTor2112]

Aaron interview Oliver Velez

[@rafaelosorio2251]

lol.. Aaron interviews true traders

[@MaxTor2112]

@@rafaelosorio2251 😅🤣😆 .... you mean like say .. uhhh, Tim "The Sham Man" Sykes ? Oh, ok. I get it now. FOH

[@rafaelosorio2251]

@@MaxTor2112 Actually Tim knows well its niche. Oliver, idk the man sold spanish-language courses through a con called Antonio Martinez that was a complete fraud.

[@arrowb3408]

Yes, we always had bad experiences in the first round, then be serious for the big blood lost.....STF....

[@thomaskillus6613]

Can you start accepting donations via mintme.com with your own coin?

[@mml1224]

@26:00 GREAT question, interviewer has balz, all u need2know and chew on.......(i dont wana hear a bragathon.......sorry)

[@chicagomycity]

Whattttttt? His win rate is only 26%??

[@Alex-cf9me]

It is a very good win rate if your rewards are 5+ times larger than your risks. Just maths

[@michaelcarlton4979]

can you create a coin on mintme? i prefer to invest not donate

[@hELLOjackli]

100k , dam sad

[@Ak47vsColt]

Hey there Mate. Get in touch with Ross Cameron. He seems to be on fire recently and i would love to here what he has to say (:

[@joshm9163]

He's a scam.

[@Ak47vsColt]

@@joshm9163 dude dont interpret every "youtuber" as a scam...

[@joshm9163]

@@Ak47vsColt don't strawman me. Ross Cameron is a scammer.

[@Ak47vsColt]

@@joshm9163 ok mate sorry xD have it your way

[@seansean7653]

@@joshm9163 he's not scam but a breakout buyer, is strategy is extremely risky and you need to be able to scalp 10cent and be quick.

[@luketrench6567]

As a beginner, it is advisable for you to trade with an expert that will guide you in the right way to win with nice strategies. Binary Option has been good to me, I can boldly say I have been enjoying myself courtesy of binary option, this wouldn't have been possible without James Hamilton who has been an awesome trader

[@luketrench6567]

Email : [e-mail]

[@luketrench6567]

Contact : + 1 9 7 3 5 2 4 6 6 9 2

[@nathanpaulclark6583]

This isn't the first time iv thought you have to be fast on the clicker, gamers in trading makes sense for scalpers

[@BrianLeeTrades]

You'd think that but I actually suck at scalping and that was the first strategy I tried with the same thought process. The reality is that I prefer to take more methodical positions and hold for a couple of hours.

[@masitrades8155]

Who needs a broker.... Comment below...

[@kevtherev8194]

A REAL Trader: ""Fortunately, my father passed away..."" RUTHLESS is necessary trader "virtue"

[@BrianLeeTrades]

You got problems my man

[@reubenhelmuth942]

I hope some of these smart traders will set up bots with strategies at tradebot.software/beta to share with the rest of us!

[@MarroneRosso]

"I have custom indicators that I'm not going to share". LoL. You still don't realize that it is not about the indicators?

[@BrianLeeTrades]

Indicators when you dig deep can create efficiencies in your process such as optimizing position sizing etc or generating unique outputs using code. If you look at it using a basic lens then of course it wouldn't make sense.

[@lineage13]

Pro Gamers lose dexterity and falter after 25. Professional traders get too old and retire after 40. When you get older your mind just can't keep up nor compete against younger minds.

[@BrianLeeTrades]

That's actually untrue, the mythos of traditional sports leaks into the "theory" of esports performance. There are multiple 30+ year olds who still compete at the highest level in the game I was involved in. We don't truly understand how the physical body will impact those players since the industry's boom is relatively new.

[@keithwisdom1663]

@@BrianLeeTrades general or exceptions - it's basically normal distribution/bell curve. i would agree that with technology professional traders are probably just getting started at 40. but gaming i would have to go with the bell curve. i don't see too many 50 yr old gamers that are the top players.

[@adokoka]

Well, if you feel young enough, please try to compete with George Soros or Paul Tudor Jones ;)

[@lineage13]

​@@adokoka If you are rich/famous enough, you become a human indicator. The whole idea behind indicators & technical trading is to figure out where everyone will buy/sell at. When you are famous enough you just simply tell people where to buy/sell at.

[@rigo.garcia]

Wrong, you’ll learn lol.

[@TheBadGuy69]

nothing special here he’ll go broke again. he’s gotten lucky because of the hot market

[@BrianLeeTrades]

I'm sure that comforted u to think that way

[@TheBadGuy69]

@@BrianLeeTrades been a pro for a while my friend. easy to spot weak foundations

[@BrianLeeTrades]

@@TheBadGuy69 Please elaborate, if my foundation is weak then I'm open to hearing your constructive criticism.

[@TheBadGuy69]

@@BrianLeeTrades Just joking bro youre doing well. Just dont fall victim to your old habits being what happened in December. You learn quick. Gl keep up the good work

[@BrianLeeTrades]

@@TheBadGuy69 Thanks! I am dedicated to that exact mission, 70% of profits this year wired and banked.

[@walksoflifeph]

Is brian lee a dota 2 player?

[@BrianLeeTrades]

Used to be!

[@arrowb3408]

I collect this podcast as my audio book for this kid great in EXPLAINING EVERY SINGLE ASPECT OF TRADING than some other guests.........STF......

[@BrianLeeTrades]

lol!

[@mauriceporter4177]

Binary Trading changed my life, i swear its the best thing that happened to me in 2018, only few know my story. From Rags to $100000 thanks to investor Richard Steve, his strategy is the best. I came across about him and that changed my life. i will be taking my family on the best vacation ever.