How to Grow Your Trading Account in 2024

SMB's Scalping Class: bit.ly/3wY0qAx
#riskmanagement #tradingmindset #daytrading
SMB Disclosures www.smbtraining.com/blog/smb-...

[@smartmoneyachti]

During trending environments don't average down with losers. Cut losses, ride winners.

[@Feenix15]

I wiped out my accounts because of this issue. Need to be a good loser.

[@bidmcms3]

Stick with the major indexes and their ETFs, and you won’t shitbag your account nearly as easily. Even leveraged ETF are better bets than most small cap meme stocks

[@VansusVie]

I’m a new dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.

[@Fahima9Tazin]

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

[@jonathanolulu1948]

well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.

[@SallyW414]

Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.

[@Fahima9Tazin]

this is all new to me, where do I find a fiduciary, can you recommend any?

[@SallyW414]

Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@sbespn3820]

I really like Spero's rule for never losing more in a single day than you have the ability to make, and to take the average of your last 5 winning days and use that as your Daily Stop. You never want one bad losing day to wipe out an entire week's + worth of profits.

[@prettybird8942]

Are you referring to Jason Shapiro ?

[@sbespn3820]

@@prettybird8942 No, there's a trader at SMB named Justin Spero, who has some good videos.

[@tigeryumyums9407]

That's a really good tip. Appreciate you sharing.

[@joeb865]

I just let this happen in a smaller way yesterday. I was green, then red. I wasn't patient and let the market chop cost me. Then when the market made good moves, my small cash account was out of funds to trade.

[@FedrickLeonard]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

[@Jefferyadams210]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@oliverparker1862]

She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states

[@ELenaGarcia-jy5co]

You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.

[@JackWalter-wh3vh]

I'm new at this, please how can I reach her?

[@BernardAtwood]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@MbXcxlVJmrSByiozOR47]

Carlton is genius in breaking the processes down to simple steps. Thank you for this video. And it is useful to see the human side of the profitable and not-yet profitable traders….

[@joefeinstein6804]

Awesome advice - thanks. Great to have Carlton's perspective, here and in the meetings.

[@stevenwaynephoto]

Thank you all, the videos y’all create continue to help me grow as a trader.

[@se7enthsoul]

I always saw Carlton in the background and wondered who he was, and I'm definitely looking forward to hearing his perspectives and trading advice in the future. We need more Carlton Content

[@mbellafiore19]

+1

[@mightymouse3310]

+2

[@ggvartanian]

Fantastic content. Thank you, Jeff and Carlton.

[@dwaynemills7862]

Thanks for these videos folks, you've just confirmed what I've already put into practice, and it's great to hear the professionals are using the same, means I'm on the right path.

[@adan2974]

For ever grateful for you SMB

[@lorensaunders6034]

the give back rule. Yup. Has made a huge difference.

[@thewanderingwoodsman1421]

Great advice here. Thanks guys!

[@nadeemalvi8356]

Smb capital your videos are really helpful I wanted a video on the topic "AI and its effect on retail trader" please upload if possible

[@aliinthebay7419]

I have per position loss as well as daily loss but your explanation about it made me really think. And yes, have a life!

[@G3RARDO42]

honestly, the fulfilling feeling you’re talking about is for people who live off trading profits is a feeling difficult to obtain for the retail trader who is having a difficult time being profitable with a small amount below 500 and learning at the same time

[@user-stocktipstricks]

love these videos guys, helps me alot

[@Danny-zq3nu]

I swear you guys always make videos of exactly what I need to work on. Thank you so much for sharing your knowledge, so grateful for it!

[@nd-kay]

Excellent! Thanks😊

[@czachcross123]

There is an interesting mental phenomenon. When a trade goes south, the mind wants to buy the same thing to try to recoup the losses. The thought is that you can adjust the cost basis. You buy in at a lower price. It's hard to force the mind to cut the loss and move on to another trade with a setup to earn that loss back.

[@classiccorvettesmusclecars5846]

I’d like to see a video on how you determine your profit target/losses and entry exits on a particular stock u chose to trade.. How does ATR play in, risk, lot size etc…

[@DavidMercer]

This is great thank you!

[@joshualandry3160]

Really awesome information. I've spent several months on theory and now I'm just starting with the paper money and I'm hoping to be ready to start trading with live ammo quickly. I had a lot of this figured out generally but getting these specifics should help accelerate the process.

[@Sopros1]

Good advice!

[@Themanoutdoors]

I'm loving your videos, i'm still trading on a Demo account, but your videos over the last few months have transformed my win rate. Thank you from the UK.

[@willguo8922]

1. Protect Green days a. Trigger: average winning achieved, scale risk. 2. Set a per symbol risk limit 3. Make trading fit your life, not your life fit trading Bonus: 30% give back rule on 1.5 Average winning day

[@MrSmokinBeats]

Super video.

[@petergeddesrensen6567]

Trade the volume not the price

[@ncaa14chill5]

New trader here (less than 6 months). On 5/29/24 I traded BNAI and was up $200. It wasn’t enough profit for me, so I added size and ended with a significant loss. I get bored hitting singles and was trying to hit a home run. Moving forward, I will implement the 30% give back rule.

[@ncaa14chill5]

@SMBCapital777 - Me no click S-P-A-M. Me no text (cookie monster voice)

[@turtleborn]

Made 2 good trades on bnai last week :) bought at around 2.90 for the break of 3 sold at 3.20 bought back at 3.19 and sold at 3.43 and i saw the macd going back down and bailed out of this ticker , made some nice moves the following day tho ... that i missed -.-

[@turtleborn]

New trader too (2 months) but I feel like you could avoided this loss by paying more attention to the macd to know when its safe to get in and when to bail out when i saw the macd starting to retrace to the signal line i bailed out and made good money on bnai

[@othmarstehlik5339]

Accepting your risk limits is actually the most important but difficult thing

[@elynno9911]

Valuable as usual

[@finmathsci3052]

Are stop losses visible to the "competition" when you place them during a trading session, other than to the broker? 🤔

[@alexsalazar4866]

Smb capital Miami Office ,lead by Carlton ?sounds great , but I can't find the address, where is located ?

[@Ironboots123]

I was in the green the last two days in early morning trading. Up $5000 roughly and end of day I lost it all. Day two I got my account back to the $5000 by 11 am and I kept trading and lost it all again. Unbelievable but true. Greed factor is a big temptation that must be defended against mentally. It’s all about controlling oneself between the ears. Self control and discipline to STOP and shut it down

[@ERCAnswers]

Good word

[@brandinsarazin]

Bro I’m Brandin S and I Goto the gym as an outlet. That felt like a punch in the chest to hone in on trading.

[@godisaiahh]

I have been trying to reach someone at SMB but I haven’t received any response. I only get automated emails to sign up or write a review for SMB. I would like to talk to someone before signing up.

[@ATNBusiness]

Yes greed can definitely make you turn red better take profit when the market gives it to you

[@ArcGlowingVision]

#3 wasn't clear. You have an up day, you suggest to give 30% back? What do you mean by this? What are you suggesting to do with that 30%? Allocate the 30% somewhere else?

[@andreluizcamy]

I had the same question... I didn't understand that

[@beLIEve77]

The maximum you lose should not be more than 30% of your profits

[@sabahtaha1746]

carlton and jeff rock

[@chrisakbas938]

First!

[@SilasFenton1]

I am so happy that I made productive decisions about my finances that changed my life forever. I am a single mother and I live in Spain, I bought my second house in September and I hope to retire next year at 40 if all goes well. thanks to Louise O'Brien for helping me achieve this.

[@RyanMaverick0]

You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.

[@AveryBrice-b]

That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.

[@FarayelAlfie.2]

I'm new at this, please how can I reach her?

[@RaelynnGrayson2]

I'm happy to see Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing.

[@DerekErskine1]

I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much

[@jeffgoggin1394]

What if I only trade one stock/symbol 😬

[@mrmanu20121]

That's OK just trade on a good day 😀

[@alirezabehdad1306]

I like to find some friends Trader from LA

[@bb_8_us]

Why do you guys basically never talk about Futures? Look at prop firms like Apex how popular they are these days. I don't understand why I would spend days/months digging through stock setups when I have the plenty of trade opportunities each day trading ES or NQ with leverage.

[@kenintexas9]

What are Green Days? Sooo much lingo to keep track of.

[@patrickleifermann9107]

When you are making a profit.

[@marsmellow1589]

Get some balls. Decided not take ASNS despite closing the AH session on a move up and strong consolidation on that level. Gapped up. Didn`t take. Balls.

[@robsfitness1778]

There’s a reason y 95% of traders fail..Don’t know how to control risk.. All want to get rich quick rather than trust the process

[@aliinthebay7419]

winning day to losing sucks. I've emailed my broker to shut it down for the day when I've been up & even down $2 one day because I KNEW I was having a bad day.

[@ayushchhabra2662]

Day 2 of asking someone who can review my DRC (Daily Report Card) and Trades......

[@freedominknowledge8891]

Looking for an accountability partner bro ?

[@ayushchhabra2662]

@@freedominknowledge8891 yupp....

[@ayushchhabra2662]

@@freedominknowledge8891 Yes Bro

[@MinotauroTrading]

I make 100 and lose 1000 its annoying!!!!

[@highestpayingdividendetf]

show more charts, less talking

[@caliboy3785]

You must be a new trader lol

[@Tronxtrader]

Hard to watch without theme song. You're branding is off. Someone needs to get fired. Can't focus without consistent video intros. Yes, this is a thing Mike.

[@crisisatcrabcreek5801]

Totally worthless for the average trader

[@aliinthebay7419]

ANYONE who is making comments about more charts or this isn't useful must be new to trading. THIS "stuff" is vital. More self analysis less chart analysis

[@betterinvesting101]

Had to be talking about smci 835 spot hahahah

[@bbcapital7953]

absolutely amazing