Learn the top 3 trade setups we are using on the desk here: tinyurl.com/2r3f5fta #smbcapital #stockmarket #daytrading SMB Disclosures www.smbtraining.com/blog/smb-...
Пікірлер: 77
@smbcapital9 ай бұрын
Learn the top 3 trade setups we are using on the desk here: tinyurl.com/2r3f5fta
@lnc.36569 ай бұрын
Please where's the link?
@loumanotti9 ай бұрын
When fishing you release a little lure at a time. You limit your line. Most importantly if you don't get a bite know when to reel it in and call it a day!
@gamebred34439 ай бұрын
Well said
@yooser32129 ай бұрын
so many parallels ! go get em
@andrewlouis12809 ай бұрын
Dear Mike and Lance, I want to express my gratitude for the invaluable education I have received from your videos. I truly appreciate the time, effort and resources that you and SMB Capital have dedicated to this endeavour. I wish you guys well and I hope that you have a lovely weekend. Andrew :)
@RT-mn2pb9 ай бұрын
How to learn a new strategy, yes small trade size is a good idea. I suggest that even before doing that, paper trading for longer than you want to is the best way to start, to shave off the really rough edges first. Paper sounds wimpy and doesn't really engage the emotions. But, it's like being a pilot, finish ground school before getting in the air.
@sanjeevbhola74969 ай бұрын
When going with the trend full size position.And for counter trend trades quarter size position.
@traderryan7139 ай бұрын
Right on. Good stuff. Ya, im stuck trading small, b/c i dont track my stuff. and wont fix my bad ways, ie: in/out over trading, not sticking to stop plan. im profitable, but cant size up for some reason. trying hard to fix bad habits. im urgent, but im drilling thru hard rock (my thick skull lol) and it takes time.
@brendan72589 ай бұрын
After learning the hard way the first time this is actually how I personally approach my new strategies. - Collect the data. - Make sure it's profitable. - Trade live for 1 month at the smallest possible size. Eg, 0.01 lot. - Then trade live for 1 month at 0.05lot. - If Green on the month trade live for 1 month at 0.10lot. - If green for two months trade 50% size. - If green for one month at 50% size trade full size.
@mbellafiore199 ай бұрын
Appreciate you sharing
@coreyjenkins109 ай бұрын
When trying to add a new setup test the system with a basic spreadsheet that calculates PnL Record the entry, risk lvl, # of shares (can be done automatically w equation) then record the exit which will give you the PnL. You can go back and test it as many times as needed and also forward test it as you trade it to see if you perform better or worst vs the system. Gives you practice seeing where the exact entries are and what type of PnL could be expected. Once the spreadsheet is built you can copy it to test any setup you want and use it as a report card for your execution.
@dasfahrer81879 ай бұрын
Love your videos. They force me to look at things more critically and up my game. I can only imagine how fierce it is in your trading room.
@jle927089 ай бұрын
Fight for price. Increase your position and limit your risk. Start with 1/4 to 1/3 of 1% risk then scale in. I have literally fought for price and put on 0.1% risk and made the same as I would have on a 1% risk that someone else would by rushing in.
@BWTrades9 ай бұрын
This is one of the best videos ever- thank you
@mbellafiore199 ай бұрын
👊
@thesofiafactor25669 ай бұрын
Thank you Gents you’ve shared some food for thought today. I must make several layers of solutions so I can begin to better myself as a trader ❤
@leon21th649 ай бұрын
Trading is not complicated but it is never easy to be continuously profitable. It is a mental game. After all, you've got to make sure that the edges are on your side. Has anyone seen a professional gambler who play just roulette. I think not because the edge is on the side of Casinos. I like this video. Thanks to SMB but the a few thousand dollar fee on the training course stop me and probably many others from signing up with it.
@user-ii3cp7ot3s9 ай бұрын
6:55 hit the nail on the head. i was contemplating even full porting my account today a on cpi . its a small account at that so i figured i could get a nice boost in size and give myself some breathing room for losses should i incur. I don't think i will do that anymore even though i have a proven track record with my strategy lol. I just had a total losing week and just need to take things a little slower.
@gasfeesofficial35579 ай бұрын
Go on sim or demo trading until the strategy is proven out. Plain an simple. Aim for a higher win rate during demo - 80% or better. In real market it will be a lot lower because of other factors like psychology, emotions, slippage, spreads, etc. During demo, test out various position sizing, monitor drawdown, and optimize entries and exits. When ready, apply on real capital. Can't expect to yolo on a new strategy with real capital.
@mbellafiore199 ай бұрын
Appreciate your contribution here 👊
@hughjaynus43746 ай бұрын
I like that you encourage a new strategy vs. others who discourage 'style drift'.
@loumanotti9 ай бұрын
When in doubt push the eject button and get out the trade!
@skunkape59189 ай бұрын
Get yo ash out dat trade?
@mo_joe9639 ай бұрын
Do you buy strategies? Seriousl question.. I have a couple that show up every day in the market and I'm pretty sure it's not a well known one, but the algos are programmed to it.
@joefeinstein68049 ай бұрын
Great talk here, thanks!
@jjexpress1347 ай бұрын
Sense of urgency is the most important thing. It come from how much pain you have. Emotional journey on daily basis, constant back test, replay. Tape your last paycheck on the wall. Look at it every day. Channel thar energy in. Daily review trade, book of chart, DRC. Rewatch all the SMB video related to my play book as Trend day and RTM trader
@Insuriosity19 ай бұрын
If a trader is struggling with the psychology of increased size, is it possible for your developers to write a code for the platform that shows the trader their regular size even though they are actually trading with increased size? This way the trader will feel like nothing has changed and can trade without the psychological pressure they get with increased size. Also, the floor manager can determine if it's the size that is the problem or another underlying issue. Just my contribution to the bucket.
@chilatelover9 ай бұрын
Pure gold. Thank you Bella and Lance!
@mbellafiore199 ай бұрын
You are welcome 👊
@DerekCastillo9 ай бұрын
This content is just premium. Thank you for sharing
@mbellafiore199 ай бұрын
Thanks
@samiab60779 ай бұрын
I know this might be a little off topic but what is v-cycle? I see it pretty much on every chart that is shown in past uploads. example " Trading Rules: The 3 Types of Trades and How to Execute Them " minute 12:25
@oceanblue23869 ай бұрын
The trading strategy that works for me is that I wear a tank top and my biggest gold chains and play rap music. I swear I hit home runs every time I do this. I think it's because scared money don't make money. Mike what's your thoughts on this.
@kimmugen39 ай бұрын
Love the discussion and mini insight into what HUNGRY and URGENCY looks like. Did anyone else just want to lift their game and "go to war" improving after hearing that?
@user-vz4fm9uo9q9 ай бұрын
I’m having such a hard time staying discipline and saying no to trades I know I shouldn’t take. I don’t know what to do and it’s so freaking frustrating because I can read the market I really can!?
@MartinPleasant-ty1rw9 ай бұрын
Interesting as always guys! Just started trading and I love the in depth practical analysis. There are a lot of growing pains but I’ve liked learning! Thanks again.
@mbellafiore199 ай бұрын
👊
@perksinc.46749 ай бұрын
This is exactly what I needed to watch
@jasonbartlett76898 ай бұрын
Can you post a link to the video Lance referenced for MULN and NKLA?
@dannystinnett20619 ай бұрын
Learned a momentum strategy which capitalizes on the first pullback and it helped me pass my funding trial. Momentum has died and I am struggling to be profitable. Would you all recommend building a new strategy to deal with the August doldrums? Or just lay out until momentum returns? (I am actually working on a strategy already, but not sure if I should be implementing it until I have time to do more testing and SIM it) . Thanks
@audioface4209 ай бұрын
Always have a reason and a plan for a trade.
@ZephyrosSD9 ай бұрын
You guys are helping a lot. Pure gold hahahaha 👍🏻
@getacrump9 ай бұрын
As a basketball coach I loved the shooting analogy Mike. Thanks for the video.
@mbellafiore199 ай бұрын
Yes you particularly can appreciate that
@UncleCol019 ай бұрын
Love these guys, I hope I can get a job here one day.
@bankstonmills9 ай бұрын
This hold true across multiple assets, always comes back to fundamentals
@yiminghu468425 күн бұрын
Omg thank you SMB thank you Lance! Great content as always.
@jaroslavvaclavik79929 ай бұрын
I have found that any new strategy for me is only a new variable to something that is already working. Testing new strategy from a scratch is completely different game. Growing strategy vs adding strategy.
@mbellafiore199 ай бұрын
thxs for sharing!!
@infiniteblock92679 ай бұрын
Thanks Michael and SMB capital !!! ;)
@junseopark93059 ай бұрын
So good, wow thank you
@michaelsayre3939 ай бұрын
I've been trading just over 3 years. I had alot of success during covid but have been struggling a bit since. I've also done some strategy hoping here lately, which seems to work well in paper trading but I just can't find my niche in live trading. For me your content has been a God Sent.
@mbellafiore199 ай бұрын
Love hearing these videos are adding value to your trading 👊
@orrieelbaum9 ай бұрын
the link at the end of the video for the 1 hour presentation isn't there. How can I access that??
@mbellafiore199 ай бұрын
tinyurl.com/2r3f5fta
@ganeshbudha26659 ай бұрын
I tried hard but it is almost impossible to beat Wall Street and their robots!!
@cpntexas_x9 ай бұрын
Find and develop a strategy that trades WITH those perceived robot advantages.
@lnc.36569 ай бұрын
Please can I get the link?
@mbellafiore199 ай бұрын
tinyurl.com/2r3f5fta
@fabiajero5 ай бұрын
Why don't you use SIM for collecting data? Why would you waste even your smallest risk?
@buutikaa9 ай бұрын
whre's the link??
@mbellafiore199 ай бұрын
tinyurl.com/2r3f5fta
@okeuwechue92389 ай бұрын
Does SMB Capital recommend trading FUTURES Options over EQUITIES options? Do you trade *both* equally?
@oceanblue23869 ай бұрын
I don't know who I like more Lance or Mike. Mike, or Lance. Can I get some help here please.
@mbellafiore199 ай бұрын
Do I get to vote?
@judzlantic61099 ай бұрын
Lance
@xd37hx9 ай бұрын
Are your interns also working full time jobs?
@mbellafiore199 ай бұрын
the internship is 8 weeks in the summer
@skunkape59189 ай бұрын
💪💛🍻
@mbellafiore199 ай бұрын
👊
@bliaxiong64399 ай бұрын
Is Lance G-man?
@mbellafiore199 ай бұрын
no
@plstromКүн бұрын
Only americans in america ? oro do u have an office in europe for example ?