Everything You NEED to Know Before Placing a Trade (assuming you don't want to fail as a trader)

[@AlanGuo]

1. news 2. rvol 3. above or below vwap 4. atr 5. average volume 6. long term chart 7. major ETF strength 8. understand the catalyst type and strength 9. tape confirmation 10. short interest 11. float 12. institutional ownership 13. where's the spy 14. where am i right or wrong? 15. 2 day vwap 16. entry, stop, profit target 17. gap% 18. who's in control? buyers or sellers 19. what kind of trade? 20. time of day 21. how far has the stock come 22. anchored vwap 23. room for bank upgrades 24. % vol on bid/offer?

[@urosuros2072]

wrong

[@dannytetreault]

Amazing rap, thanks for the notes, mate!

[@patrickmercader238]

SMB brings in so much value. I regret not finding their videos sooner.

[@smbcapital]

Thx a lot Pat!

[@voxeur514h.3]

I concur

[@agedvagabond]

I think it's just the way KZbin works, as you investigate more advanced stuff the advanced things are revealed. One leads to another. We probably didn't see it before because we weren't ready, we weren't looking. I'm glad I found this also.

[@iTradeAIMS]

Once you stop looking for entertainment you will find this. Knowledge 😁

[@damama630]

I paid big bucks for training and did not receive as much valuable training as these free videos.

[@smbcapital]

you are welcome!

[@aaronsmith600]

This is one of the most brutally honest videos I have ever watched! No fluff. And it's pointed to the people who actually work there instead of just made for us here on the interwebs! Thanks again for the great content!

[@stiloweezy7682]

Someone on the desk obviously pissed the Big Boss off with their actions today. Mike's coaching voice is very intense in this video. Awesome insight Mike & the SMB team - such a blessing to the community.

[@rawfit4960]

Stilo weezy Hell yeah!! 😂🤣 Never seen Mike this serious! Lol. Someone must’ve went long on GRUB or something. Rip’em Mike! 🤣 Thank u as always for the insight Mike! 🙏🏾

[@coolboy1210]

Give this man an Oscar

[@mbellafiore19]

if you think this is me being intense, consider you do not see behind closed door chats with traders.......

[@Alecto44811]

haha i thought the same

[@vanessaalva9035]

@@mbellafiore19 Fantastic video Mike! You are very right! We have to be very prepared as a traders. I just don't get if somebody was given the opportunity to trade at SMB and don't do the work and going the extra mile. The guys should be grateful and taking advantage of being around of such amazing traders at the desk and putting all the effort to absorb all the knowledge.

[@joonkang9491]

This is the single best trading video I’ve seen, everything packed into 30 min summary to be a successful trader. Thank you.

[@ken34258]

Thank you. What a great one. Some of these I like to use as well, ATR VWAP and sometime EMA. And the one that helps me the most to identify a good setup is the heatmap. Seeing if the stock is taking liquidity or rejecting liquidity, then use VWAP as a guide. If it's trending usually get paid really well. Of course, there is more preparation than that. I am like a professional golfer playing the tour when I am entering a trade, I want to take the water out of the play, bunkers, and where is okay to hits etc. When everything is considered,THEN I would pull my clubs (trade), and take the shot. BUT, the problem with this preparation is I am always doing it one shot, and I don't like to scale in (or add) when I am right, feel like I am chasing.

[@mbellafiore19]

Thxs Kenneth

[@Alhamdulillahalways365day]

Dont skip 1second of it guys. This video is gold mine to me. Thankyou guys.

[@smbcapital]

glad it was helpful

[@jaysmith4658]

This is one of the best videos I have seen from SMB

[@alfredhitchcock7386]

Mike's been coaching his voice, I can tell. Nothing wrong with that. The lower tone convinces the minds of others to listen to you more seriously.

[@mbellafiore19]

good observation Alfred

[@alexanderthegreatxx1]

I trade stocks on the side because I love this business .. but Mikes bad A$$ speech to these traders is EXACTLY how I climbed to the top of my very competitive career field and been able to support my family for almost 20 years.. (very well). - Be the absolute best you can be at everything you do in every moment with everything you encounter, every single day and you will be amongst the elite. Mike I got lost in the moment listening to you there at the end, and had I been sitting there, I would have out-worked every last person there exactly as you outlined! So fierce! Gave me chills. So awesome! (Lastly, your words from this video will echo through me tomorrow morning as I perfect my trading process even more in Pre-market) I will have this playing as I plan out my playbook perfect Trade in the am. Thank you sincerely for all your content as it’s helped me more than words can describe.

[@3X0SK3L3TON]

I'm quite surprised that I actually practice 4 of the pre trade preps after about a year of training. But I'm also very humbled knowing that I still have alot to learn from these lectures. I will definitely add these to my playbook to improve my trading decisions and ultimately to be a more successful trader.

[@ssunkite1]

This video is as raw and to the core as possible within the limits of a pc environment. Listen to it as it expands your awareness. If it doesn't and find it somewhat bothering you then trading is not for you. Thank you Mike and SMB for such solid content.

[@Lonor77]

Very few Traders/Trading firms reveal their true working methods and trading strategies as transparently as you guys, thanks! If i didnt have people to care for i would take your course and come to NY in the blink of an eye.

[@smbcapital]

thx a lot! We will keep the youtube vids coming so just keep watching

[@ransielgalme8097]

Mike.....you and SMBU are pure inspiration......thank you for all of your great work....i feel like a better trader just listening to you.....

[@smbcapital]

Thx Tom!

[@topcringeandslander]

The most inspiring videos on youtube are the bland, factual, and sometimes discouraging videos like this one. Nothing fancy, just real facts. The emphasis on discipline is important and exactly what I needed to hear.

[@daviaviddd]

Very happy for having nailed my A+ setup with a profit 30 times bigger than my stop on $GRUB today. Feels nice watching Bellafiore saying indirectly that you are doing a good job. I wish I can work with you SMB Capital!

[@smbcapital]

Great trade!!

[@dancer1]

I wish I could work for them too

[@sundancer7381]

Great info! I remember I once lost a $1000 on an opening trade - good earnings report. What wasn't mentioned in the press release....was the down forecast for upcoming quarters...If I had listened to the conference call, I would have gotten that.

[@GreasyWop]

My favorite channel! constant reminding me of good habits and discipline. Thank you guys this is priceless info.

[@JCampDW]

Long Term Chart: Monthly, Yearly. Where the most Volume has been done- Spencer taught me that one.

[@cameronjohn604]

This information is easily the best trading education out there. Thank you very much for all you guys are doing, really really amazing stuff. Something I might add to my checklist is: Is the stock being promoted or pumped up on social media platforms? This is nothing new, only the technology in which people communicate has changed. Social media attention = liquidity

[@manvinder24]

This video turned my head upside down and told me How much good work goes on inside a firm SMB Capital. Bella (Hope I am pronouncing this name correctly) is truly a legend.

[@davidcruz766]

I would add where you are standing psychologically for the trading session. I would create a simple psych scale I can place my mood, prior win/loss pressures, expectations, life outside trading events that might be influencing my decision making. I’m coming off huge losses and I’m relatively new to trading. Those losses have shot me down psychologically, but I know it’s learning and rigorous preparation that will soon give me the confidence to resume my trading journey. Thank you for all you put in videos like these. Your videos are outstanding and as soon as I round up enough cash to pay your fees I will order your training course. Thank you so much.

[@ahmadalarcon6332]

I learned more in this one video than most of the courses I've taken. Thank you so much for the information

[@ehudkrispil]

Great as usual - I think that understanding this is a very competitive game is a major key. Just like being a proffesionl athlete. (Not to your question but)I would have add building a Mental/Emotional preparation routine (small WO, breathing, reading, meditate, visualizing,strive to know your rules ) - Thank you *

[@mbellafiore19]

I love your idea here. Currently I am using Muse for mindfulness at the suggestion of a top trader. preparing your body and mind is important to execute your trading edge and skill.

[@dancer1]

Mike Bellafiore muse?

[@Ginnyguitar1]

I have been trading about 2 months - I really enjoyed this presentation and it answered a ton of questions I had, also gives me solid ground to look into and think about before I make a trade. My answer to the last question: I noticed “Sudden News” eg. corona virus or political changes can really jerk the stock up and down. I think I could do “trading” but really need some training.

[@FuRoSh1]

I wrote all these items down for my template! I added/expanded to How far stock has come, with “Chart Type & Timeline” - Uptrend, Downtrend, Reversal, did it just change, short-term parabolic, Longer-term steady down/up.

[@abdel3121]

amazing content even i knew most of it , we still need a discipline and diligence to put that in practice

[@smbcapital]

definitely!

[@razzyp3999]

Another great video Mike ! Look forward to your next video. Definitely watching this video again and taking notes. Champion!

[@mbellafiore19]

thxs Razzy

[@paultouma9738]

Be mindful if a stock is flagged for Short Sale Restriction (SSR); fight for a good entry, especially if taking a short position.

[@gauharsingh7015]

I have a tendency to slowly drift to plays that are based on technicals only because i tend to gloss over the news , just as was the case today and I missed a great trading opportunity. Being able to distinguish between what news is going to significantly impact stock prices hasn't really been a strength of mine. Now after witnessing missed opportunity after missed opportunity I think it's about time I focus more on this after this great video SMB has produced

[@chrisnickles9498]

Gauhar Singh check out the premarket movers.. look at stocks that are gapping, trading at least 100k shares premarket and have a catalyst.

[@andreasbukontas567]

Great video as always, Mike usually pretty chilled but more serious as this is obviously something that can break or make a trader, I do quite a few of these things but not all. Tape and confirmation def something to work on and pay attention to.

[@andreasbukontas567]

Also, what is considered high interest and high institutional ownership for a stock?

[@gemeen_aapje]

Brilliant video. Can't wait for your webinar tonight

[@KT-zx9jr]

What's critical to know every day is the 'macro climate.' For example, is the Fed signalling rates will be low for some time like right now. Or, is the Fed signaling rates may tighten. Also, understand the term structure of volatility. Where are VVIX and VIX at? If those key variables are favorable, then the micros matter a lot. If the macro's are not favorable, then expect higher vol, more potential downside, and also be ready for unexpected gaps. This understanding is key as good earnings and outlooks can be trumped by rising rates and a hi vol environment...

[@myultrasound7619]

Wow that was intense. Excellent coaching with serious accountability. SMB Capital is where I am headed. This was invaluable training.

[@smbcapital]

Glad you enjoyed it!

[@MelekShelomohTrading]

I trade stocks and forex and to answer the last question in an effort to find the risk on risk off sentiment of the market ie SPY I always check the strength or weakness of the US Dollar as it will show evidence of its performance from 0300 Hrs the open of the London session. Strong dollar = Weak SPY

[@Jean-PaulCh]

Great video. Thank you Would love to see more details on 2 day VWAP

[@mbellafiore19]

noted

[@hemi-gal7035]

Yes please - Me too! Thanks for all the great videos!

[@glennsmith3834]

Street sentiment can be important. It isn't always, but it should be considered to determine whether or not it is important and able push the price/price action.

[@smbcapital]

yes always consider that

[@modichin]

Watching this video during such a volatile/chaotic market gives me hope that I still have a chance. This right there is how you create value for yourself.

[@patson420]

indeed

[@Ykxdigital]

very solid advice, these are the things that all traders should look out for before entering a trade

[@als1023]

I don't trade stocks, but if I did I would add the following to my checklist. NYSE Ad / Decliners, both the overall exchange symbol and NYSE only, I would learn to read the TICK a bit and understand it's meaning in the overall market. I would learn which future my stock is most affected by and learn a bit about that symbol, it's habits tendencies and levels it likes to move from. Some exposure to futures will broaden the perspective on what the market reacts to and why certain tweets etc can really move these symbols. There are total volume symbols for futures markets that are quite reliable on days you feel you have no direction, I find them helpful. VWAP, anchored, 24 hour etc in futures is very reliable like SMB finds in stocks, any kind of volume measurement is a good learning experience and this data can be presented in a wide variety of ways. Cumulative measuring tools which Dr Brett 1st mentioned in his Trading Coach book, has evolved into a study of it's own. It appears algos are using this a lot. A good trader may find correlations with stocks that you know well, that can help see and anticipate before most of the market participants have realized a change is underway. Thanks as always for your excellent work !

[@gomesdiogo]

THANKS A LOT You said HTF analyzis so me saying something like max/min of the week or day would be repeating great content, so inspiring and informative at the same time wish you all the best

[@smbcapital]

thanks so much Diogo!

[@savalisadkins4709]

Knowing if a stock is HTB(hard to borrow shares) ETB(easy to borrow shares) or NTB(no shares to borrow). But that's intraday. And to see how much the stock has sold off from pre-market high to intraday.

[@watchmanonthewallquebec]

Thank you for all of the information this help a lot to know what to survey before trading a name. I also verify the revenue of the company, if they have debt, revenue growth, their income, the amount of cash they own and assets. With all of these you have the Debt/Equity Ratio. that give a general idea of where the company come from and where they can go.

[@RetailBlackGoldTrading]

I made myself a morning playbook for my trading session around 9:20am to 9:36am EST. I’m successfully profitable during this time. But for some reason I’m not able to make a playbook trades on midday or end of day. I always end up giving up all of my profits and more when I trade midday or end of day. So now I just stop trading when I’m finished with the morning session of trading.

[@KT-zx9jr]

Great information Mike. Thanks very much. The creation of a dynamic template to account for everything before, during, and to close the trade, and then review it for a potentially better outcome. Awesome thinking...

[@tonycasanave8695]

Excellent video full of valuable information. I would add to my template buy and sell zones.

[@georgekatcharava6087]

Mike you are amazing! and that's why I'm becoming very successful trader because of your training guidance!!! this is plain fact!

[@nhegde1918]

Hey Mike, one of the most important thing need to be considered on the playbook is that the public sentiments. e.g. bad news on apple wont pull down the stock price as much as on uber or roku etc.

[@Firstmajortomlikestoticker]

Hey MIKE, what are 5 stocks that you would consider as BiG Runners at this time in January 2020?

[@alxvolk]

You missed calendar events of the day. If you don't know what news to expect from the market and when it will kick you

[@danomack]

Fantastic video thank you! Will be tweaking my own template this weekend 👌🏻

[@mbellafiore19]

good work Daniel

[@imesei80]

This video was a amazing summary of proper preparation; one of the seven fundemantals of one good trade. I would add "Beta" of the stock and also "how did the stock move in the previous quarters in a similar good or bad earnings news catalyst". In addition to that , do not forget Spencer´s pinned tweet "how to put a trade together" checklist ( Examine how investors/traders are positioned on several time frames .On the daily chart where is the stock trading in relation to its 52wk high and 52wk low. In the weeks prior to the catalyst where have most people been buying and selling the stock. This allows me to make an informed judgement as to how motivated they will be to add or take off positions. ) And lastly thanks to finviz.com and tradingview you can reach almost all of the information mentioned in the video free or with an affortable price. I love democratisation of information and technology . With all of these and a proper training by SMB , retail traders might have a chance to succeed.

[@mbellafiore19]

Yes Beta is worth adding for many. Good point. Thxs for the contribution Ismail.

[@im.azad1]

thank you Mike and SMB Capital team for a such valuable video

[@mbellafiore19]

you are welcome Azad

[@smbcapital]

You got it!

[@CayirWatches]

Got a notification for this video, fastest I’ve ever clicked in my life.

[@mbellafiore19]

LOL

[@wadatmusik2859]

Thank you for the video Mr, Bellafiore. Priceless stuff. for my own template I would add intermarket correlation.

[@BenDover-qi3qm]

Where are shorts stuck? Where are longs stuck?

[@Successfultrader2024]

Best training videos on this channel

[@smbcapital]

thx

[@johnk1639]

Question, do your traders go into their trades already looking at a particular stock agreed upon from a previous days meeting, or are they looking at their scanners to see what’s moving during pre-market. Or is it a combination of both?

[@nasdaqhustler]

I think beta might be a good one to add. Like to know how a stock may move in relation to the SPY.

[@wilmanmiami]

See what are the components of SPY , sample : Microsft 4.28%, Apple INC 3.84 and etc (finance.yahoo.com/quote/SPY/holdings?p=SPY), but I think SPY move according to the components

[@smbcapital]

Good idea!

[@dancer1]

Beta?

[@andrewhoverson8312]

This was great. Truly helpful. So glad I found this channel.

[@danman2070]

Good presentation. Once again, very professional! To add, and this was mentioned in another way, I would consider value areas by using market profile or even volume profile. If other factors point to a move in a particular direction, confluence with either vwap or anchored vwap and these value areas could increase the probability of a move in the predicted direction .

[@smbcapital]

Great point Dan!

[@jude3366]

90501 I jo

[@thelexion]

I look at the dark pool prints over the last few days to get a sense of where large buying/selling has occurred, especially trades during market hours

[@waydesworld108]

Three more critical check list items: What's my risk reward? Where's my daily hard stop? What is my size limit?

[@hansk_trader]

Exellent video. I will now redefine my own Template and hopefully get better results. Issue has been to be consistent in profitable Trades. Cons. adding something - I use pre defined Exit Indicators = when at least 3 of them triggers - I am Out.

[@mbellafiore19]

love it!

[@diogosilva2475]

Outstanding video.

[@mbellafiore19]

thxs!

[@thestuffedvegan9471]

Thank you for all the useful and practical information!

[@OnlineTradingSolutions]

Possible Template Discussed It is important to know these things before you enter the trade(s). Build a standard template. Be consistent. What new is coming or is out there? RVOL - Today vs Yesterday? VWAP - Above or Below the average? ATR - Average True Range? Average Volume? 1 Million? Long Term Charts? Uptrend or downtrend? ATF? Understanding the Catalyst - Tape / Confirmation What is the short interest? Possible squeeze? Stock Float? Institutional ownership? Where is the S&P? Up or down? 2 Day VWAP? Compare price? Determine the target and protective stop before. Gap %, Will it fail? or hold? Who is in control, the buyers or the sellers at entry time? What kind of trade? Scalp, Hold? Open = Scalp Mid Day = Fade/Swings Close = Trend Banks - Are there banks left to comment? Thanks for sharing, all good ideas again.

[@wilmanmiami]

Great Class , Thanks Mr Mike, Excelente

[@smbcapital]

Thanks Wilman

[@georgekatcharava6087]

very important video!!!

[@landokalrisian4276]

Great jewels that newbies need to know as they lack knowledge about the lifecycle of stocks that they trade. No wonder furu subscribers lose 98%. Your vids give this knowledge for free which is so awesome. Thanks for your guidance, invaluable .!

[@castletrader6253]

100th like by me..thanks a lot for the refresher Mike!! best part is "Every day you have to compete"

[@smbcapital]

Thanks for the 100th like Castle Trader :)

[@nayanmipun6784]

Also please cover on trading automation

[@arthurapoli]

Lost in this trade , it's a lessons to me

[@dancer1]

Arthur :(

[@-g.-6544]

Mike, why is 'Expected Move' for the stocks in play not used/incorporated in combination with ATR?? EM is forward looking and details the level of risk on.

[@JordanChua]

I think because stocks in play will have really high RVOL and ATR doesn't play as much of a role in how far the stock is gonna go when there's 5x more people participating.

[@mbellafiore19]

I do think we discuss target which is similar. but again if you want to add to this list terrific. individualizing this list for your trading is important

[@bic11jero]

Awesome as always. When you talking about RVOL you mean actual daily volume at the moment of the trade divided by avg. volume? Thanks again for putting those educational videos up.

[@mbellafiore19]

actual volume done by that time of day compared to average volume done by that time of day

[@bic11jero]

Thank you.

[@quantumtrading1955]

SBM capital shares a lot of value I would love to join the desk some day

[@jordanclarke1883]

Wondering if you and your team have a bias with ATR and penny stocks? Obviously something that moves 100%+ in a day and has a very small float is not going to be equivalent to an earnings play mid cap stock that could move potentially 2 ATR's. Is this something anyone has looked into or noticed/ on the potential it will move?

[@stephenfarmer2059]

That footprint is key, look to intraday and swing this

[@karlzwong5284]

Great list! I'll include historical chart performance study into the list as each stock has its unique characteristics. By the way, may I know where can I get RVOL?

[@mbellafiore19]

good contribution. you can find it on most platforms. we have it on our level 2.

[@THEAIRSOFTMAN247]

SMB's the best

[@fushatrades]

Thanks @SMBCapital for the amazing content!. Very grateful!

[@smbcapital]

thanks for watching!

[@wilmanmiami]

Any Video trading how to operate with VWAP indicator? thanks

[@mbellafiore19]

from the best on this topic @alphatrends kzbin.info/www/bejne/qXfOf2WmhZZnnck

[@chrisnickles9498]

It’s a support & resistance level that is consistent on all intraday timeframes. When price is above - it often acts as support. Vice versa when price is below.

[@Who-yo3xh]

Thanks for teaching

[@smbcapital]

Our pleasure!

[@MoonMei80]

thank you, I loved the seriousness

[@chr971]

Hi Bella, can we have a video of Shark's Beyond meat short trade you mentioned here? Thanks.

[@toulasantha]

Thanks for these videos. Honest points

[@georgekatcharava6087]

i'm taking all these and much more! that's what's up!!!

[@fabianleitner6383]

What is the sentiment on the day and why is it the fed on inflation or something else

[@13kkngs]

Loving the videos , please keep it up information like this is priceless 🙏

[@terikaray5696]

This video was very helpful. I have been watching a lot of the videos, and would like to mention that it would be helpful if the videos were organized as step 1, 2,3, etc. But I guess, that's what the paying courses are for. I actually started options trading, but found that learning day trading techniques improves options trading. I find the volume price distribution histogram (long term 1 year chart) very reliable for predicting the pullback range and good entry prices, assuming RSI is above 50 and the OBV is increasing. On moderately bullish stocks, I sell options, but when the stock is extremely bullish like NIO / PLTR, I just buy the stock and trade to my price target -- which is a weekly trade, until it consolidates. With this strategy , do you have any comments or suggestions for optimizing? I am trying to work my way up to more strategies, like shorting and credit spreads to have more tools, but first build consistency and concepts.

[@panemanager]

Just curious when Steve is talking about R1, R2, S1, S2. I'm sure he is identifying a pivot for these. Is he manually plotting the levels off a daily, weekly, and 30-min charts, and/or combining this with an actual Pivot study? If so, I was just curious about the period. Thanks! Great information!

[@mbellafiore19]

reach out [e-mail]

[@panemanager]

@@mbellafiore19 Will do! Thanks Mike :)

[@brandonnel4081]

Great video I would like to see much more videos like this .it improves my trading alot .This video should be gone much more in detail.

[@smbcapital]

thx Brandon, will try to do more on the subject

[@juliest.a8914]

Yes, it's especially one I was looking for. Another one I haven't find yet is best charts setups with indicators details and reasons for particular setups if relative to particular trading types.

[@danhintz6217]

Correlation - Is the stock highly correlated with another stock in the same sector or industry that is having a big move, but the stock you are considering has not yet moved.

[@andym5663]

How do you screen for these stocks that meet your parameters at the start of the day, and after that screening, if the list so returned has 100 stocks, what will you trade ??

[@jackhudkins542]

great insight....much thanks.

[@mbellafiore19]

you bet Jack

[@harshshah6356]

How much days average for ATR?

[@tetraanon9742]

Is RVOL relative volume or relative volatility. This video describes it as relative volatility but most uses relate to relative volume.

[@paulburket7775]

Recently XOM valued at $58, but is selling for ~ $41.

[@XRXONE]

Amazing, thank you !

[@smbcapital]

Thanks Scooter