Spotting when others traders are screwed

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[@smbcapital]

Join SMB for a webinar bit.ly/2XnZSyS

[@ryanoconnell7839]

I know it might be boring for some viewers, but I think it would be helpful in situations like this video to show multiple trades taken (for the same stock & date) by traders at multiple experience levels in order to more clearly demonstrate opportunities for improvement and isolate the mistakes that less experienced traders make. Mike does a great job as always in commenting on areas for improvement in the individual's trade, but visually comparing one trade execution to another may provide some additional benefit for viewers imo.

[@mbellafiore19]

Excellent idea

[@Cosmologist722]

That was an excellent idea. I understand Mike had already noted your valuable suggestion.

[@123alexer]

Would love to see how someone like Shark tackles this

[@mymint3655]

I learnt a lot and improved a lot since i started following this channel. Unbelievable! that these vdos r free. Many terms they use i heard first time and many data they see i didn't know from where and that shows how naive i am in this market. I realized why am, the Chicken, get slaughtered every other day when Bulls n Bears make money. This inspired me to work harder searching and learning on the hints from this channel. Thank you Guys.

[@smbcapital]

Really happy to see that you are learning a lot! That's why we do this!

[@MalakShelomohTrading]

At 15:37 this Mentorship resonated with me. I’m gonna take this advice.

[@manvinder24]

This is very advanced trading stuff. Brilliant mentoring by Mike . Trader is very bright too.

[@smbcapital]

:)

[@Sigute444]

Great analysis , learned to trust my judgment , and will make my trades with less hesitation! 💪💜

[@ehudkrispil]

Very informative video, also in the small details as described the feeler size for example. sometimes only in the second or third watch I can elicit this extra information. thank you!

[@rogueriver]

I love this. I like Mike challenging / mentoring the trader. Learned a something this. Thanks!

[@smbcapital]

Glad it was helpful!

[@ChristopherMundahl]

SMB Capital are my heros. Hopefully I'll be a good enough trader to make it my full time career and apply with them or KTG in Austin.

[@smbcapital]

looking forward to you applying Christopher! Are you based in the Austin or NYC area?

[@ChristopherMundahl]

@@smbcapital I live in Corpus Christi, but I can travel or move quickly if needed. Austin is only a few hours away, and I've been there plenty of times. Remote work is okay but it would be awesome to be in a room with people like you. From hearing you and your traders talk, there appears to be a clear level of understanding and deliberate explaination that reinforces and internalizes valuable information for maximizing trading profits over any time period. The number and size of "green days" you all have must feel so rewarding and empowering! Thank you for all the information you all share and the response.

[@savalisadkins4709]

Anchored VWAP? I like that. Sam is really doing his homework. You guys got another Great One Mike.

[@smbcapital]

Yes anchored VWAP Savalis. You can find on some trading platforms. TradingView has it so you can experiment with it there as well

[@sirloin8745]

So did he spot when other traders are screwed? The large volume breakout at 10.15am means prior Resistance is future Support. The Trade that *everyone* saw (21:15). However this student didn't (22:00), & just brushes off the advice without acknowledging that.

[@tsleong1]

Nice Trade, good questions. Would be nice to know how Bella would flip bias when the SPX starts tanking and NKE drops below AVWAP. I'm sure he would have jumped all over that.

[@codesymphony]

clean fuckin exits. grats on the trade

[@akos11235]

Hello, I am curious how much time in general Traders devote for a stock when they are preparing to trade it?

[@1000percent]

Great stuff about the leak candles

[@smbcapital]

thx!!

[@gwpng18]

amazing analyzation. It does help me as a trader to do better everyday

[@razzyp3999]

God we think alike..bingo spot on.. technicals are good but don't let them cloud you..with what's happening in front of you...you can miss alot on the table. One Good Trade us opening my eyes. Will say the kid us still a good trader!

[@granddad7776]

great video.....thanks. Wonder if you know if your books will be back in stock soon. Tried about a week ago but none were available. Thanks!!!

[@smbcapital]

not sure when - maybe someone in the comments will see that and can reach out and share theirs with you ;)

[@gweiner2252]

do you guys use fusion?

[@antwha5526]

bellafiora rocks. has anyone purchased their class and become consistently profitable?

[@MrBardm]

Yes I have

[@From_Germany7]

Yes, I finished DNA half a year ago. Getting closer to be consistently profitable, at least not loosing as much as before, more specific with setups, trading only the best stocks in play, journaling them, playbooking, this is huge progress for me as a beginner

[@ramaks8186]

@@From_Germany7 which country do you trade in ?

[@danielreborn4707]

One prop trader said If You focus on Journaling and working on Your setups, you will never need to pay for any trading course ;)

[@Dr0pkick22]

I'm curious to where he saw the revenue % increase.for example for wemons apparel. Was this during an earnings call?.

[@smbcapital]

usually you want to hop on the conference call or scan through the transcripts

[@Monkey.Trades.Futures]

a divergence and stochastic indicator wouldnt hurt

[@nevinkuser9892]

Best. Title. Ever.

[@billyblack3816]

As soon as the spread went from 2 cents to 3 you could've put on a small lot.

[@iancaseydouglas]

While I absolutely agree the earlier breakout was the best entry with less price risk, getting over the AVWAP isn't just a technical setup, it has a powerful psychology behind it that IMO is more consistent than technicals.

[@iancaseydouglas]

Also excellent that he waited for the shakeout of weak hands since that removes would-be supply and sucks in shorts.

[@danielreborn4707]

So... good job I guess ,but what about this gigantic sell off, hope he was trading it too. We had almost exact same pattern leading to NASDAQ sell off today.

[@marcuschan5664]

A+

[@razzyp3999]

Better than my spelling..us = is.

[@DJM-lk6pq]

i'm never holding puts overnight again after today

[@gauharsingh7015]

A questionable trade entry in my humble opinion

[@codesymphony]

it's fine. he went against the short sellers and it paid off.