How to Develop Winning Trading Strategies (with real-world edge)

[@smbcapital]

SMB's Trading Workshop: bit.ly/3V0WOV5 Lance on Twitter: twitter.com/TheOneLanceB

[@nc1975]

Yes. Teach us an edge that we can mimic.

[@nc1975]

Dude, give us some strategies that have Edge!

[@NonAstrologer1]

Yes, please go more into the details about strategy development, particularly hypotheses and reverse engineering. It would be awesome to see more examples.

[@jeffxtrades]

I agree. This kind of analysis is insanely helpful

[@stevenheidenreich8829]

Also agree...really great video and I would love to hear more!

[@werlefineart]

Yes! A 'Developing Your Edge' series would be highly appreciated. Thank you for all the amazing content.

[@CSaenz44]

YES! please make a in depth series, it’s hard to isolate certain variables for trading setups there is so much to analyze but what actually matters is what’s most important. Thank you guys

[@markelson4300]

I am thankful for y’all for making this video! This is single-handedly one of the most helpful videos I have ever watched in regards to where I am at on my journey right now. My hand still hurts from all the notes I just wrote. I have been asking myself ever since your original tweet, “how can I really develop an edge” and I would be even more grateful for this to be made into a multi-part series. Once you take an honest look at yourself and open your mind, this kind of information is gold!

[@gabrielgamboa3201]

I would absolutely love more detailed videos diving deeper into strategy development. Also I'd like to thank you Lance, Bella, and everyone at SMB for making such helpful videos and showing us what it really takes to become profitable.

[@dacoup5955]

Hey thank you so much everyone at SMB and Lance for taking the time to go over some core concepts that will develop great habits, with all the fluff out there its great to be able to come back to this channel to enjoy some hard introspective input on the subject ... I would absolutely love to come back to a video with a complete deep dive surrounding edge and strategy building, this is already a great template that will help me allocate my time efficiently.

[@michaelbe797]

Yes, do this series please! Thank you for this video. I've been doing what you're saying in this video for a year now and I am still missing something. I have a feeling that I am to slow to utilize an idea. Whenever I find a trade 2-3 weeks later market is changing and the probability is collapsing significantly. Also big thanks for your content and what your doing for the trading community.

[@cu8350]

I mean how can you create a better educational video than this? Obviously we have to be at a decent level to even comprehend the ideas here, but Lance, Steve, Mike, with volatility lowering here -I understand it's of the utmost importance to figure out edge. Was thinking about slim pickings earlier this week, but just representative of this new environment. Appreciate as always.

[@RikimaruNobunaga]

This is priceless, everything else is noise. This is how you learn how to trade for real. Most valuable video from Lance and SMB so far for me

[@Darius4640]

I would love to see a continuation into this topic ! I am already practicing some of the methods Lance described but I would like to GET BETTER, learn new things and bits by bits improve my ressearch on how to develop+Increase my edge !

[@j_rodphysique1532]

I rarely comment on youtube videos, this is absolutely a topic worthy of making it into a multi-part series. Thanks Lance!

[@ramans1ngh]

You know when you feel the content is boring, it means you are at right place and you are actually taking trading as business not like playing in casino. FURU's just show you nothing. This is what it takes to actually becomes an profitable trader. Thanks for sharing these quality educational videos and even showing us that we are competing with Pro-Athletes of this game. I feel this game is difficult because first I have to work on myself to find working strategy then second to compete with all different types of player. In other sports, we have fixed number of players in a team and the opponent teams is also at same level. But in trading, all level of players are playing at same time. If I want to do good in trading I have to work. Can't complain. Thanks again for the education. I learn so much from your videos.

[@rcbturbine9]

Mark Douglas entire book, Trading in the Zone, the best book on trader's mindset - assumes an edge. Lance is 100% right on.

[@smithright]

6 star video, Lance and Bella. Thank you. This perspective aligns highly with my worldview, and I gained some valuable insights. The superabundance of junk food finance content in the world is very confusing to me. It seems to me that beginners need principles and not news. Associates need case logic and practice. Potential leaders need refinement. I think it could be useful to preface this for your audience in almost every video. Say who the video is for upfront. Elite traders need to optimize their sleep. Pre-beginners need to understand principles of valuation - and maybe how to sell options at low risk before they try to trade the news and discover unpublished edges. Almost no one is preaching principles of expected value and how to understand catalysts for mean reversion on KZbin. It seems to me that the only evergreen strategy is principled valuation, and all other trading patterns attenuate their edge over time. Even discovered patterns like gun sale report trade volumes can be described in the context of principled demand prediction as a subset of value theory. I think it should be taught that diversification across tested trading patterns with edge is the way to avoid outsized losses when edges attenuate... and that principled valuation and understanding of the sources and profiles of support and resistance is the source and method for naming new trading patterns with an edge.

[@phoenixtrader1279]

Everything you post is so UNIQUE... thank you kindly SMB has turn the page since you have started to post on YTC... thank you again...

[@henrybecker9708]

Great Video it makes you think. I believe that I have an edge and have put that into an actual code that talks, prints and executes. Yet, do not know how to back test it to be sure my theory is correct. Can you comment on how to break down or get the source information to test an edge? Other than the book you mentioned. How can one write code to backtest theory? So interesting. Thanks for that mind blowing video. Warm regards.

[@lucrativetea]

Lance That was a great tweet bro, a historical data proven Edge is critical. Once you have your edge everything falls into place in time.

[@MitchMed]

This is really valuable content, creating systems for analyzing and dissecting events and testing hypotheses. Thanks for doing this and would love to see more!

[@ianfriesen235]

Yes Yes Yes!!! I would love to see more of this. Thank you Lance for this video, please make more of this content!!! I appreciate you very much !

[@chr971]

This is one of the best videos coming out of SMB, thanks Bella and Lance!

[@holajessie1049]

Of course start with multi-part series please. It was so helpful to start with. Thanks Lance and to the SMB team

[@920BLai]

Your video are invaluable and I’ve learned so much. Please do a series and continue the good works!

[@TideV2]

Edge simply means positive EV as you said. There is no shortage of strategies with positive EV but there are very very very few traders with the discipline and psychology to execute them properly. This is why most traders fail. Meanwhile they run around chasing the silver bullet for trading hoping to find a way to guarantee winning trades. It doesnt exist. No matter what anyone tells you there is no such thing as a guarantee in the market. Every single trade has an uncertain outcome and as long as you have a positive EV it doesnt matter whether any trade is a winner or a loser, what matters is what you do with it. Your edge is you.

[@davidjuvenal8233]

YES LANCE/SMB PLEASE can you go into deeper how you go about tracking data, also can you use those data on different instrument like future? thank you for this great insight I like the information you are sharing for free also the explanation bless up

[@growontap]

I've seen you do a couple of vids like this. A deeper dive into exactly how you're trading these would be super useful.

[@tetraanon9742]

Yes, please make more detailed videos on this topic. This one alone was very helpful but a series would be even better.

[@jonathangoldman5987]

YES! Please make this a regular series! And thank you for the content you have already posted.

[@hansk_trader]

Finally - somebody quantifies: What-is-meant-by-Edge. Everybody talks about it - Nobody explains it?!?

[@HitAndMissLab]

Oh yes, please dive in deeper. I definitely want to learn how you think.

[@Czechuser]

this theme is so needed. No BS and so professional

[@therealTOTOfan]

THIS! Yes I think we would all appreciate more of your knowledge and your way of presenting them is great!

[@stephendias8683]

My favourite man.. Lance. Thanks for everything you are doing for the community.

[@mariodimitroff5343]

One of the most useful videos I have ever seen on youtube regarding trading.

[@arianfusha1853]

Yes Lance! Please more videos on finding and developing edge. It's the most important part of trading imo. We need you man! lol

[@eddiejimenez9299]

I would like to know more on how to mimic a master even though I do follow several traders and their process. But, I don't mimic them because I felt like a copycat - and because of this presentation I realize like you said that everyone copies someone they learn from - Thanks Lance!!!

[@marthalewis2952]

Love the content SMB produces - clear, concise and useful for someone starting out. Many thanks!

[@mikemorgan8565]

Great video lance. Would love to see further videos on this topic. Really appreciate everything you do giving back to the trading community .

[@MJQL]

Hi Lance, you mentioned something that are extremely important, please dive deeper into all the details, looking forward to the series in the future!!

[@bernardinosteed9174]

Thank you so much for your sharing, it was so inspiring. Wish you the best!

[@kartukm3n]

Yes. Please make this topic several more video. Really appreciate what you had tell us and looking foward to more input from smb

[@iansaarmann2193]

Yes, this is great! Thanks for the time you put into this video and your willingness to share. More please!

[@shivamdesai3377]

Happy Thanksgiving to everyone at SMB capital. Lance, this is a very important topic to learn for me and I beilieve for everyone in the trading community. Please make this a multi part series. Thank you.

[@ipchainn]

Looking forward to the series, keep up the excellent work!

[@sinvermerlas5331]

thank you Lance & SMB Capital for this. this single video lead through a breakthrough on my plateau in trading. truly valuable. can't thank you all enough. and I hope there are still more examples and the details on this, Lance. :)

[@Valencia-gh8fl]

I liked the stories about how edge was found most in this video. If you run out of them to share, you could review and comment on strategies of other people.

[@Shane-zk2pn]

YES! Please dive deeper, this is great stuff Lance! Thank you!

[@nharmonickx]

Every video with Lance is gold!

[@mattsnameis]

Yes, I'd appreciate you making an in depth series.

[@eljuanramon]

Yes please, do the multi part series!!🐐🐐🐐🧠🧠🧠💪💪💪

[@natanluiza2936]

Miyamoto Musashi is an immortalized example of how you can learn it yourself. But he warns that the journey is mind-warping and nearly impossible; it is not for most. Only the most formidable and intense rugged individualists. I did that. I'm doing very well as a momentum trader. It cost me my health. It took more time than most to be successful as a day trader, but we should know if it is our personality type. We should know if it is "self-worth it."

[@tonijlondon]

Thanks for this great video, reinforcing what needs to be done to succeed. More detail on this would be amazing.

[@dklox]

I'd suggest exploring how betting strategies can constitute the sole edge of a system and how they improve the setups that already have edge. Thanks for the quality content!

[@frankkroger2165]

Am interested in more presentations like this! Thank you! Frank

[@k.mcquistanpop6341]

bring it Lance. Edge is a hot topic for me recently.

[@vollong2348]

Yes, please dive deep and detail each area as much as you can 🙏

[@chandlerhorsley1264]

Yes please! I would love to learn more about your perspective on developing edge. Thank you for your willingness to share!

[@Bohdan_Derevianko]

Great video Lance. The series would be much appreciated

[@PhilipHochrun]

Lance what a fantastic video! I would very much like to see multiple videos based on Developing Winning Trading Strategies.... can't wait to see, watch part 2, 3, 4, 5, 6, 7 etc.... lets rock this!

[@DentexDentex1]

Yes Lance please do! Make it a mini series 🙏

[@GarryI449]

Fooled by randomness is a must read. Right up there with Rem. Of a Stock Operator, and those books by Bella! 😀 great video Lance and SMB, your content is always just so applicable…

[@bartb4208]

Who wouldn't want real edge?... Yes Lance, please go for it!

[@jameswdonoghue]

Great job Lance, do the series. This is your best video IMO.

[@georgekatcharava6087]

Lance is the only guy at SMB worth listening!

[@Bantaah]

Great video, what you said at the start makes so much sense. Definitely notice this within my trades, mistaken a few lucky trades for edge, journaling has helped recognise them though

[@andrewo-trading8524]

Great video. I'd love to hear more on this topic. Also would like to hear your thoughts on how to determine if a strategy doesn't have edge before you waste time or money on it. Thank you!

[@gator.4873]

This channel has great info continue to do a multi part to this. 👏🏻

[@michaeldarken5948]

Lance, very informative. Please continue this type of series! This is very difficult to find information on. Thank you.

[@Leytonstone09]

Would love to see more on this subject Lance. I can always improve on this. Thanks for all the work you put in

[@Seramics]

Please make a series out of this!

[@smbcapital]

I think Lance plans on this

[@DouglasDeSouza7]

Great video! Please do go into more details on future videos! Thank you

[@tradingarsenal9767]

Amazing! Best vid from you guys in a while! Would love to keep this series going!

[@vallong6338]

Thank you for this very useful info Lance and SMB. Well organized, told and presented!

[@omphilemataboge7746]

Very interesting information, I learn each time I listen to your videos. The first one was how you started off with routine and discipline. I would like to know more about this info from this video. Best regards 👽

[@johnmcdermott5328]

I think that this would be great if you can continue to do this training as I find it very helpful. Thank you.

[@piersyem5253]

Yes please create a series based on this topic, super helpful and insightful!

[@umair146]

Only Gems here. Very Helpful as always. Thanks Mike and Lance

[@marliescallebert42]

I would for sure love more videos on this topic since I am still finding and fine tuning my edge!!

[@newinvestor4717]

Thanks Lance, and yes I'd appreciate hearing deeper layers on the subject, great topic.

[@siOu666]

Absolutely, please go into more detail. Your content is so good.

[@oghias]

Awesome video and follow up video with more details will be hugely beneficial. Would love to a series on this topic.

[@alexanderilchenko6435]

Thanks a lot! It would be very helpful to hear you on categorizing principles. I really want to know how to define finite number of parameters for certain type of trades and not go for too many or too few.

[@longbeard1188]

Please dive deeper into developing edge. Can edge simply be a statistical advantage of a strategy considering winrate and risk to reward ratio or does edge involve a trader discretion?

[@jaydutt9361]

Yes please where can i find the series for "how to create an edge"???

[@davidcruz766]

Please, please make that video series and thank you so much for sharing.

[@Cmw-gr5hk]

please make a series this is valuable information thank you lance

[@anisnasr]

Yes please, definitely go into more detail. I'd be interesting into the testing of an idea. How do you go about getting enough samples? Do you backtest using software or is it just visually on charts? Thanks Lance. Amazing content!

[@pozytywniezakrecony151]

This is awesome as are most of SMB's videos 🎉🔥

[@nithinv]

Yes! Dive deeper please. I think the next thing to deep dive would be how to select the stocks or screen the stocks that have an edge.

[@ChaMarRya]

Love your videos Lance, learn so much vital information to take my trading to the level I want!

[@calebreed9912]

Super high quality video. Keep up the great work producing content.

[@cornerboytep]

Yes! Please make a in depth series

[@wesleywhitaker6401]

Yes I would appreciate more detail on this topic.. thanks for the great info You guys at SMB always give great depth and detail. Thanks

[@fabio8145]

Yes Please! More Parts of this! Really Appreciate the work and time :)

[@zahurulhasan4061]

Continue the good work: I like that you managed to distill the work of development of strategies with edge with four distinct categories: observation, hypothesis, reverse engineering and mimicking.

[@evanbfinance2040]

I would love to see a multi-part series on this! Thanks for the great video!

[@kevinvvn]

Please make more videos on scanning simple strategies. Beginners can learn and twick little by little.

[@John-hq2qn]

Thanks Lance & SMB Cap. Awesome content, would love you to dive deeper into "edge" strategy. Cheers

[@lindseycoggin5926]

Yes, please expand on this! Thank you!

[@gomesdiogo]

my dream would be Lance or SMB start to touch on forex markets, such great liquidity for playing with big hand and huge moves everyday