8-Figure Trader's Daily Trading Routine (Take notes!)

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SMB Capital

SMB Capital

Күн бұрын

SMB Workshop: bit.ly/3gIR0Rc
Lance on Twitter: / theonelanceb
#TradingRoutine #stockmarket #daytrading
SMB Disclosures www.smbtraining.com/blog/smb-...

Пікірлер: 121
@smbcapital
@smbcapital Жыл бұрын
SMB Workshop: bit.ly/3gIR0Rc Lance on Twitter: twitter.com/TheOneLanceB
@eljefe293
@eljefe293 Жыл бұрын
What’s been helping me is journaling everything holy that’s the key man made so much progress in just 1 month been trading for 1 year going into my second and boy journalllll!!!!!!
@alonga
@alonga Жыл бұрын
Before I take a trade, I tell my self. “I will not get bagged today”. It really helps me to make better trades.
@celtekrider2
@celtekrider2 9 ай бұрын
😆 I say "I will not get clapped today".
@Christopol
@Christopol Жыл бұрын
Iverson: Practice, practice... y'all talking abt practice...
@guillaume2879
@guillaume2879 Жыл бұрын
Thank you again Lance for such a high quality video! I really appreciate everything you do for the trading community, learned so much from you. Pretty crazy to think that you and SMB provide all that stuff for free.
@adamparusel
@adamparusel Жыл бұрын
Thanks for sharing and giving those valuable insights. Will definitely watch it a couple more times!
@gmoney2667
@gmoney2667 Жыл бұрын
Great video. Thanks for being so candid Lance. Only started trading 8 mths ago and can relate to, and learn from, pretty much everything you said.
@wallstreetfighter7089
@wallstreetfighter7089 Жыл бұрын
Wow, Lance is so generous for sharing this. Thank you so much.
@jimcudasnyder
@jimcudasnyder 8 ай бұрын
This video is gold. Thank you, Lance, for an insight into your trading day with some tips on treating trading like a business with a balanced lifestyle! Thank you!
@AntonPullups
@AntonPullups Жыл бұрын
So grateful to learn from people who does it better, thanks!
@r.arodriquez4392
@r.arodriquez4392 12 сағат бұрын
Thanks for being transparent. I appreciate all the great videos 🎉
@arboristribbit9190
@arboristribbit9190 Жыл бұрын
This is one of the most helpful videos on day trading I’ve seen yet. Good job on this one.
@smbcapital
@smbcapital Жыл бұрын
Glad it was helpful!
@mergetrader
@mergetrader Жыл бұрын
4:16 "Am I hungover" lol. This is the checklist that I've been missing for years alright.
@BubbaSmurft
@BubbaSmurft Жыл бұрын
Thanks Mike and extra thanks Lance; that's what I was looking for and the presentation was terrific. REALLY appreciate this.
@scottydog9997
@scottydog9997 Жыл бұрын
Awesome stuff Lance. Damn I feel privileged to sit down and listen to your mentorship.
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Thank you!
@Fenix_Trader
@Fenix_Trader Жыл бұрын
Thank you🙏 So important knowledge!
@SagarSingh-bp9np
@SagarSingh-bp9np Жыл бұрын
Thanks very much. Appreciate your insight and your mindset.
@zb3276
@zb3276 Жыл бұрын
Thanks, Lance. Great video.
@hisham253
@hisham253 Жыл бұрын
So much great info thanks Lance
@razzy1476
@razzy1476 Жыл бұрын
Great professional routine at elite level ! Grateful for sharing your routine ! Very helpful! Nice one big boy 😀👍
@HEC892
@HEC892 10 ай бұрын
Great video thank you
@user-by8il2mn2p
@user-by8il2mn2p 9 ай бұрын
Thank you! It would also be useful to tell you about the organization and configuration of the trading terminal🙏💚
@t.j.mueller--artfromabove1837
@t.j.mueller--artfromabove1837 Жыл бұрын
Amazing, Lance. Thank you!
@Hawkinz
@Hawkinz Жыл бұрын
Thanks so much, Lance
@_SeeIt
@_SeeIt Жыл бұрын
I know 1 10 figure trader who follows a strict routine like this. He is also big on walks around the block to cool down.
@djreinaazteca
@djreinaazteca 5 ай бұрын
Thank you for this
@dannyboy84
@dannyboy84 Жыл бұрын
Hi Lance, what a great video, so inspiring it really hits home for me it's not just about trading its about taking care of yourself I really got to do that myself I'm nearly tearing up as I write, this because it's feels like you exactly what I'm going through as trader
@dannyboy84
@dannyboy84 Жыл бұрын
And a person
@lamontlaureano8472
@lamontlaureano8472 8 ай бұрын
I feel you my man. Trading makes you want to be a better person and make better decisions in your personal life. I think thats why most successful people tend to be happier because they take such good care of themselves physically, mentally, and spiritually.
@simonlaniel6022
@simonlaniel6022 Жыл бұрын
That is a very nice videos guys. Great routine and great advice !
@CapitulationTrader
@CapitulationTrader Жыл бұрын
Thanks, sincerely. I’ll plan to watch this video monthly until it sinks in. Hope you have a great next vacation
@joshvanepps4762
@joshvanepps4762 Жыл бұрын
Great content. Thank you for the reminder to the trading community on how important a solid routine is.
@orenmadrigal2638
@orenmadrigal2638 Жыл бұрын
Ty so much Lance you are one the greats I love your insight and thought processes 💪🍎✌
@DougSmileyVirgo
@DougSmileyVirgo 4 ай бұрын
As a Virgo who appreciates routines this video is gold for the scalper and swing trader. Routine builds predictability. (and profits)
@RVOL-Addict
@RVOL-Addict Жыл бұрын
I have been "grinding" very very hard lately. I think I will start implementing that noon break.
@dkct2010
@dkct2010 2 ай бұрын
very good advice thanks a lot
@KT-zx9jr
@KT-zx9jr Жыл бұрын
Good clip, thanks Lance.
@Eric-jk3oi
@Eric-jk3oi Жыл бұрын
@whats🄰pp+𝟏𝟖𝟒𝟓𝟐𝟏𝟐𝟕𝟑𝟗𝟖 I was taking a st**, God damn You know Popeye's chicken's good but don't know but that good. You know what I'm saying like it makes me blow out the toilet which is okay but god damn sometimes im in there ripping ass. God damn damn sometimes like chewing bubble gum and ripping ass and I'm all out of bubble gum. GOD DAMN
@RVOL-Addict
@RVOL-Addict Жыл бұрын
That is a very balanced daily routine, for some reason I expected it to be more hard core.
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Sometimes we can push harder. Sometimes we need to lay off. First couple years worked much longer hours to get past learning curve. This was my sustainable long-term routine. Plus would do a few hours on Sundays.
@RVOL-Addict
@RVOL-Addict Жыл бұрын
@@lancebreitstein7038 Thanks for the response Lance. I aspire to be the best trader that I can be. You are a great inspiration. Hopefully we will meet someday.
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
🙏
@Eric-jk3oi
@Eric-jk3oi Жыл бұрын
He forgot to mention that he popped 4 pills of 20mg Adderall before the market opened.
@Eric-jk3oi
@Eric-jk3oi Жыл бұрын
@whats🄰pp+𝟏𝟖𝟒𝟓𝟐𝟏𝟐𝟕𝟑𝟗𝟖 Listen go get yourself a Wendy's baconator and then proceed to blow out your nearest toilet. Leave the stall door open...but only take ur pants off in stall... Establish ur dominance in that Wendy's restroom, shit in the sink. GODDAMN
@guyfromthai8746
@guyfromthai8746 Жыл бұрын
Thanks for shearing
@c.s.7273
@c.s.7273 Жыл бұрын
Thanks for your great content Lance. Appreciate it. Just wondering what you think about mindfulness practices?
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Prob very beneficial. But doesn’t need to be taken too seriously. A few mindful minutes before bed works for me.
@opinwyd
@opinwyd Жыл бұрын
I’d be interested to see how this could be applied for parents that work full time and want to be able to transition their career to this. Thanks for sharing.
@cesar_candanozah
@cesar_candanozah 14 күн бұрын
Awesome !
@VOILAA
@VOILAA Жыл бұрын
Good job on lowering the intro song!!!!!!!! Great content again
@traderryan713
@traderryan713 Жыл бұрын
Good stuff.
@bigtehno-blog9445
@bigtehno-blog9445 Жыл бұрын
Thanks
@bartbtsful
@bartbtsful Жыл бұрын
Powerful!
@dannytetreault
@dannytetreault 2 ай бұрын
This Lance guy is everywhere. He’s becoming famous!
@tomlee6263
@tomlee6263 Жыл бұрын
Thanks 👍
@Ben-iq3dv
@Ben-iq3dv Жыл бұрын
Highly Recommend Dr. Steenbargers "Trading Psychology 2.0" on the topic of trading routines. Brett covers 50 or so best practices of professional, successful traders.
@brentjudd7905
@brentjudd7905 Жыл бұрын
Dont fight the trend!! I struggle with that.
@HDdarthduck
@HDdarthduck Жыл бұрын
8:30am EST is an odd time to be checking for event catalysts since that's precisely when the major ones are released premarket: NFP, CPI, PMI, GDP etc.
@free322001
@free322001 Ай бұрын
Maybe... seems to work out well for him. $$$
@OfADemon
@OfADemon Жыл бұрын
Sounds like being on the east coast, or close to, is where you want to be. These breakdowns don't translate nearly as well being on the west coast. I couldn't imagine getting 9 hours of sleep and still having that much time pre-market.
@RocnRed9
@RocnRed9 Жыл бұрын
It’s not ideal but definitely doable. I’m a west coast trader and wake up between 4:30-5:00AM while still getting 7-8 hours of sleep, which is plenty.
@OfADemon
@OfADemon Жыл бұрын
@@RocnRed9 there's no way for me to go to sleep early enough to get 7-8 hours and wake up rested at 430-5. I used to wake up at 5 and I was a zombie by 630, even when I had my caffeine.
@RocnRed9
@RocnRed9 Жыл бұрын
@@OfADemon haha I suppose it’s not for everybody. But when it’s your only option you just make it work. It gets better over time with routine.
@OfADemon
@OfADemon Жыл бұрын
@@RocnRed9 true. Even when I'm super tired, I still can't manage to fall asleep until later on. Oh well. I've had to adjust with less time pre-market, but thankfully I'm still making it work.
@catladytrucker7608
@catladytrucker7608 Жыл бұрын
Why not? I do. I live in the Pacific Northwest. I trade futures, so I'm trading even earlier than 6:30am. The first week was tough and I was out of sorts getting myself to sleep so early, but now I'm used to it. It's doable. How bad to you want it?
@tr.j4079
@tr.j4079 Жыл бұрын
Anybody else noticed this video is a perfect loop?
@vi165
@vi165 Жыл бұрын
Being professional coach in soorts i can tell that this is high quality athletes routine . Super professional. But as a trader I am personally feel like i dont know how to learn , in this business not everybody will teach you … and as professional as i can be … i still dont know how to really study and how really to improve , unfortunately… i wish you could give me few tips ..
@ayoutubewatcher7009
@ayoutubewatcher7009 Жыл бұрын
what is a DRC, daily routine criteria?
@raz3032
@raz3032 Жыл бұрын
Can you provide your numbers like avg nr of trades made daily, price range you trade, nr of hours a day you trade, win rate, avg profit and loss per trade etc.
@hansen370
@hansen370 Жыл бұрын
It's so much easier to trade now that I'm single! I like your routine!
@TiffanyT-LaDolceVita
@TiffanyT-LaDolceVita Жыл бұрын
Me too!
@Tradermiles
@Tradermiles 8 ай бұрын
I might have missed it but what does PTD Stand for ?
@MradulBajaj
@MradulBajaj Жыл бұрын
where you read breaking news ; from which site 's
@eastcoast4233
@eastcoast4233 6 ай бұрын
I don’t know why he needed someone else to introduce him on his own video?
@crazyhead1588
@crazyhead1588 8 ай бұрын
How can I trade the whole day the longer the stay in the market the more money I use the first hour I make the most money
@chr971
@chr971 Жыл бұрын
Hi Lance, isn't 30 mins very less for checking your stocks, their technical levels and setting alerts? I am struggling to cover everything before market opens even when tried to allot an hour for this activity
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Not for me after doing it a zillion years. Your mileage may vary!
@chr971
@chr971 Жыл бұрын
@@lancebreitstein7038 haha true!
@gilarama942
@gilarama942 Жыл бұрын
Hey,wanted to ask how many stocks you have on your watchlist daily approximately?
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Greatly varies by day. 0-10 maybe.
@krollic
@krollic Жыл бұрын
i'm on page 30 of atomic habits right now
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Lmk what you think! Wish I could Re-read it again for the first time :)
@RoyBaron
@RoyBaron Жыл бұрын
Taking a peaceful breather and walk around the block during Manhattan business hours lol
@smbcapital
@smbcapital Жыл бұрын
haha, Lance was trading in Chicago but I'd imagine similar to NYC
@jameswatt8841
@jameswatt8841 Жыл бұрын
Whoa ohhh wo oh oh oh
@PortCapital
@PortCapital Жыл бұрын
Got it, avoid alcohol but coke is recommended.
@EdgeTradingFX-
@EdgeTradingFX- 10 ай бұрын
I challenged the top trader at SMB Capital and he was scared. He had his tail tucked between his legs.
@free322001
@free322001 Ай бұрын
Well who would NOT be afraid of you, mighty, mighty man?
@imatthewryan4076
@imatthewryan4076 Жыл бұрын
Top G sh*t
@andycoussens3131
@andycoussens3131 Жыл бұрын
What is DRC?
@DavidGuilbeauTech
@DavidGuilbeauTech 4 ай бұрын
Daily report card
@ryansm3417
@ryansm3417 Жыл бұрын
I was expecting at least some reference to ritual animal sacrifice, but ok, perhaps that's no longer "PC."
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Bella told me the goat sacrifice wasn’t allowed :(
@free322001
@free322001 Ай бұрын
@@lancebreitstein7038 Bella lied.
@7FigureTrader-com
@7FigureTrader-com 3 ай бұрын
Took me over an hour to watch this video. Was updating my DRC as I watched it. I will now be reading specific parts hourly to keep me focused on what I need to do to get better. Amazing!
@oceanblue2386
@oceanblue2386 Жыл бұрын
@Mike, when are you going to get some face tattoos? Like Mike Tyson! Or maybe "SMB" on the forehead 🤣
@martinpetersen3187
@martinpetersen3187 Жыл бұрын
DRC? What’s that?
@blackitetrader
@blackitetrader Жыл бұрын
I think it's Daily routine checklist
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Daily report card. Have explained and posted on my Twitter for more details.
@martinpetersen3187
@martinpetersen3187 Жыл бұрын
@@blackitetrader Thanks Magnus.
@martinpetersen3187
@martinpetersen3187 Жыл бұрын
@@lancebreitstein7038 Thanks Lance.
@hasa4628
@hasa4628 10 ай бұрын
trust me don't trade 99% chance u will lose. invest in stocks
@free322001
@free322001 Ай бұрын
And who are you? This guys does NOT lose.
@hasa4628
@hasa4628 Ай бұрын
@@free322001 no one
@sexybluelady
@sexybluelady Жыл бұрын
Thank you for the information, side note though. It sounds like you may have a alcohol abuse problem. How many day's a week are you hung over bro???
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Zero! I used to drink more in my 20s. Many traders are young males and I’ve seen use / abuse alcohol.
@sexybluelady
@sexybluelady Жыл бұрын
@@lancebreitstein7038 That's good to hear, gotta take care of your body, man.
@furself114
@furself114 Жыл бұрын
Bunch of pikers
@ScalperSpecltr
@ScalperSpecltr Жыл бұрын
All these daily habits videos are useless for people with kids. So guys be realistic please and make some useful content for us.
@lancebreitstein7038
@lancebreitstein7038 Жыл бұрын
Or you use your noggin and put the effort in to adapt the routine and concepts to your own constraints ;)
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