When You Should NOT be Afraid to Take Trading Risk

[@danashute1314]

"Broken Slot Machines" - I love it! Great phrase.

[@GrantLeeEdwards]

This channel is superb. As a relatively new investor, let me say the content is MUCH APPRECIATED, guys.

[@dan6831]

Good grief, another quality bit of education, these guys never stop, compliments to SMB.

[@mikenobles1515]

Yesssss!!!! Lance puts out a new video. Get your popcorn boys and turn up the fucking volume and listen in. Let’s Goooooooooooo!!!!!!!

[@jackjack8390]

I like the analogy to poker to manage the emotional risk. I also like that you use EV to look at trades.

[@korozsitamas]

I never understood why people keep saying volatility is risky. Finally someone is making sense! 🙂

[@bigzo5048]

Thanks Lance I really needed to hear that!

[@Fenix_Trader]

Once we get over our fears and nothing IS of-limits to us a traders,IT opens up a whole world of Areas to develop out a playbook....Particularly in spots where others Are scared to go!!!! This very important Sentance I liked! Thank you for video 🙏❤️

[@nd-kay]

Many! Many thanks! All your videos put the record straight! Aswell as helping you avoid making uneccessary costly and time consuming mistakes✅

[@foley2k2]

Learning with 1 share is a good idea. Here's another one: I started my wife out with $100 in Robinhood with a promise to deposit the balance on each successive 10% growth until I could no longer do so. This increases her risk as experience is gained in a positive feedback loop. She's made 12%, so the new deposit brings the account to $224 and the next goal to $246.40. It takes 7 deposits to get over PDT like this assuming you can afford to make the deposits. This also means that the original $100 has seen +94.8% return. Getting to that first deposit was the hardest $12 she's ever made.

[@lightkirsche]

Well said, "Fear and Greed" creates volatility and opportunity.

[@Matrixway69]

Are you located at New York, Albany?

[@chr971]

Thanks for the video Bella and Lance!

[@razzy1476]

You got me again Lance! …Volatility is where it’s at! Anything else is too f@&$kin slow and is a waste of time and capital! Learnt the hard way! Great video! Big boy! 👍🙂

[@zerotwodev6548]

love these lance videos

[@Zeusifer123]

Great video! thx

[@matthewmullally]

Thanks for the great content. One can never stop learning/refreshing

[@ryansm3417]

Lance, do you know people who daytrade index or crude futures profitably? Seems like those would rarely be considered broken slot machines...🎰

[@yoginacharya2150]

Amazing video as always 👏🙏

[@pennytrader12]

Love your UCONN shirt :) and that you were in CT

[@FoursideAssetManagement]

Really helpful - thank you Lance/SMB!

[@SagarSingh-bp9np]

Thanks Lance 🐐

[@Bayconic]

Gold to the end.

[@joefeinstein6804]

Great, great advice.

[@nevinkuser9892]

Awesome video. Thank you 🙏🏼

[@kannapiranr.p9607]

Thanks sir

[@georgemcduffey2622]

Good advice...I have a list of of tickers I've traded regularly over the past couple years, consisting of multiple industries/cap-size/offense-defense. I don't trade them every day, or even every week. The thing they have in common: a high ATR/Price ratio with big momentum swings in the past; Most of them average a >5% price range daily so a catalyst can easily make 10% moves in a day...In this stage 1 market when there are what I call "giddy bull days," or if one of them (or their industry) has a catalyst, I know there's the potential to catch 5+% moves as long as I'm paying attention.

[@rewritereality394]

Thank you

[@JoeyBaguez]

UCONN in the house!

[@vovanminh999]

Lance looks similar to Mark facebook guy.

[@oceanblue2386]

Lance are you better trader than Mike? 😁

[@TheOneLanceB]

Mike is the 👑🐐 trading coach I’m the 👑🐐trader We both win 😁

[@oceanblue2386]

Mike are you better trader than Lance? 😄

[@marketbreakdown]

I'll fly to NYC and work for free. Would love to be apart of the firm

[@skunkape5918]

❤💪💛

[@tastingtrader7289]

For Indian market I will do , trading in profitable way..