The 5 Secrets of a Verified 8-Figure Trader

[@JorgeVazquezT.]

I regularly ponder how top level investors are able to be millionaires off investing. I've got a critical amount of capital that needs to be started, but I don't even know what methodologies or paths will help me make decent profits.

[@RonaldRomero-pr3zu]

Since the market is currently volatile, I will recommend that you hire a financial adviser who can advise you on entry and exit points for the shares or ETFs you focus on

[@JimmyRose-gp6qf]

I concur. In light of individual experience working with a financial adviser, I presently have $1m in a very much enhanced portfolio that has encountered dramatic development. It's not just a matter of having money to invest in stocks. you also need to be knowledgeable, persistent, and have strong hands to support your investment

[@Nicoleflores-ld1uf]

Please who's this advisor that guides you?

[@JimmyRose-gp6qf]

karen Marie Gendron

[@JimmyRose-gp6qf]

You can look her name up on the net. you will see more information about her

[@JasonAmir-qo4uo]

Engaging in active trading versus long-term investing requires unique strategies for maximizing returns. Active trading involves frequent buying and selling of securities, aiming to capitalize on short term market fluctuations. On the other hand, long-term investing focuses on holding assets over an extended period, leveraging the power of compounding.

[@John-ww2fv]

Absolutely, the key to successful trading lies in a well defined strategy and execution. Whether you’re a day trader or a swing trader, having a plan that includes risk management and exit criteria is crucial. It isn’t just about making profits but also involves minimizing losses and staying resilient amidst market volatility.

[@TheDuke792]

Speaking from experience, I’ve been actively trading for the past 5 years and have made substantial gains. With careful research, analysis and execution, my portfolio has grown exponentially from $55,000 to over $1.1million USD. It is essential to stay level headed so as to ensure that fear or greed doesn’t stop you.

[@GibsonJames-gr3on]

I have been in touch with a Financial advisor. With a startup of $ 100 k, my advisor chooses the entry command of my portfolio which has grown to approximately $ 450 k in some weeks.

[@TheRothschild770]

I’m intrigued by your progress. Could you share some insights into your trading strategy or perhaps recommend any specific resources or mentors that have led to your success.

[@GibsonJames-gr3on]

@@TheRothschild770 NORA JEAN ERICKSON

[@mustafabaris9681]

Your success in trading will NOT be determined by the number of green days when you are right but by the number of red days when you are wrong..Let that sink in guys and they ONLY way you could become and stay a consistently profitable trader after you build your edge is to have a maximum daily stop loss limit set in your trading platform .. Good luck out there..!

[@mikeyslife241]

Very well said 👏

[@dhlml]

Actually you could have a wonderful edge with only a few huge green days and many tiny red days

[@simonhaesaert8175]

@@dhlml hes talking about the number in red

[@whatsupdoc904]

This has always been the biggest pain in the ass for me. If you look at my trading history you'd be like damn this guy can pick out real winner but then you'd also he like what the fuck is this dude doing. Sorry just needed to rant under a comment of a random dude watching the same shit as me

[@KilgoreTroutAsf]

1. Be precise with your entries (& exits) 8:20 2. Review entries after the close daily 9:05 3. Practice as much as possible 9:34 4. Differentiate trading ideas 12:05 5. Your focus is different at the start 13:45

[@bullwingsc6216]

I took both the DNA and Winning Trader course. It took me awhile to get some of the concepts(Im slow). I have reached 20k monthly profit finally for 4 months in a row. So take the courses and do the work.

[@nguyenfang6976]

I bought 10 120 puts at 14 dollars a contract on nvda on Friday I managed to catch that big dip when it dropped and made a new low of day. I was watching the level 2 order book and I saw the bids getting filled at a lower price then it was trading at then I went to the time and sales and I saw the price accelerating once I saw that volume coming in I knew that dip was coming. The RVOL also spiked above 6 on the 1 minute time frame which is really high so that just gave me more confirmation on this thought process I had. It ended up being a beautiful trade that I caught the only mistake I made was selling early I left a good amount of profit on the table but im getting better at holding my winners and letting them run. I learned alot from watching yalls videos on KZbin and just listening to yall talk. Thanks SMB.

[@joefeinstein6804]

Just what I need to hear as I'm celebrating 1 year as an SMB student next week. Great to hear Shark's growth mindset. Thanks for the generous advice as always, Mike. Much appreciated.

[@DavidL-x6s]

Could you guys upload live trading examples/film breakdowns sometime? I think watching film of other successful traders and their mindsets would be a huge help. Or maybe make a course with live examples?

[@braddeicide]

Step 1, have a 9 figure trading account

[@FranciscoDelValle180]

Step 2, don't have a day job.

[@FranciscoDelValle180]

Step 3, be young and have no interruptions during the day.

[@derekf9017]

i like these guys stuff man

[@kkp4297]

@@FranciscoDelValle180 not true. you can grow a large account by swing trading using 1hour 4hour charts. and keep your day job.

[@Luckysoda]

Or 10 figure account 😂

[@A3FIVE]

THANK YOU MIKE AND ALL SMB TEAM YOU ARE MUCH APPRECIATED

[@gottalive2thefullest751]

You guys have the best videos!! This channel turned my trading to a beast. (Mr. Indicator and his VOLD ratio in particular) This channel is literally GOLD

[@pedropablopimientaperez96]

Thanks To Mike and SMB Capital for this great content!

[@mbellafiore19]

👊

[@PortCapital]

In short you have to work at this. Not in undies on phone. Actual due diligent work which is i think what separates many many traders from being successful.

[@christianzitzmann5015]

Thank you Bella and SMB Team 🎉

[@jrmychlds]

@13:31 I dig the fact that Jeff is using the SMB EV Calculator to determine probability of success of the trade he's considering.

[@mbellafiore19]

Yeah, that is an interesting tool for developing traders

[@TheWallStreetCat_]

I guess you guys should slightly moderate the comment section :D. Thanks as always, this was an amazing video. Keep up the amazing content. Greetings from Bulgaria !

[@afonsodeportugal]

Thank you for sharing your wisdom with us, Mr. Bellafiore and Mr. "Shark".

[@hussainamani7636]

Top stuff from Mike. Thanks SMB

[@razzy1476]

Hello Bella good to see you again waiting for my crypto to come in this crypto bull run starting hopefully soon! There’s only one way to learn how to trade and that’s with SMB ! 😀👍

[@joelledbetter2926]

They way some ppl explain entries and exits it sounds so easy and I know that has to be me not knowing alot

[@billc3405]

Wish I knew about SMB 24 years ago

[@mbellafiore19]

Well we are here now. Trade well.

[@Thom.stones]

Rocking those NVDA, PALANTIR, TSLA, and APPL shares! Holding onto them for the long haul sounds good, but hey, I'm all up for grabbing those short-term chances too, aiming for that sweet $400,000!

[@Mabu3035]

Today, 29 September, I hereby take the SMB Challenge. Thank you.

[@ginpros]

I've asked this on some of your other videos, but how comparable are these teachings to other markets? Forex, Metals, Indexes, etc.

[@StructuredTrades]

What would it take to be able to trade with one of smbs teams?

[@bwmacallister]

All trades have a beginning, middle and end. Focus on the beginning (learn to hit and what to swing for)... worry about the middle and end after you get this step. 👍

[@mrpickle23]

just want to know what he is trading.. small caps? large caps? options? futures?

[@mbellafiore19]

All of the above

[@humbleheart.1763]

thanks Mike

[@nataliyas1961]

I wouldn't say you are competing with these traders on the floor, you are competing with yourself. Trading is only you and the market - that's it

[@benv.5170]

Let us see examples of everything you mention

[@StreamerGamerGuyBNF]

I make consistant 22% but because of low capital it all goes in a risky trade, I can head your firm if your planning for Indian markets mainly bank nifty index trading. I am up sir. ✌🏻

[@afonsodeportugal]

Question: do you guys at SMB trade $VIX options? If yes, could you make a video about it someday? I find the $VIX option settlement process fascinating!

[@dvtco.2545]

Someone mentioned (below?) that we need a bachelor's degree to actually get training and to work at SMB on the trading floor (and/or remotely too?). ** Is this true? ** I'm retired, associate degree, but more work experience than what 2yr degree taught (logistics rail management), own a home, married, good health. First one to work, and last to leave every day. Actively, I trade but want the "right training" with the right group not some guru's plan (I'm not a fan of that word, the internet is full of those). I'm quite serious about anything I set my sights on learning. I'm to guess that if I don't have the 4yr degree, I'm S-O-L? This is a valid question. True? Or not true?

[@retirementisgettingclose]

How much capital is he trading with?

[@jordonpumpin]

i would love to trade at the office with you guys. But online it says i need a bachelors degree to even sign up??

[@theazool986]

Do you guys recommend using a mechanical strategy over a discretionary one?

[@mbellafiore19]

It depends on the trader and their unique talents and interests.

[@festusakpobomeemaniru8547]

Thanks for the update..

[@robertdreyfus5436]

Hey Mike, a couple of questions for you: How are they 'secrets' if you have just released them to 523k channel subscribers? With a number of eight figure traders running your teams, what are you doing making KZbin videos?

[@kurtyp3362]

523,000 (current subscribers) / 8,178,691,580 (current world population) = 6.4% (still a secret)

[@kurtyp3362]

youtube is a form of accumulation and expansion for SMB i would assume (liquidity/vision)

[@GhostTrader37]

It's called helping people :/

[@shaneanderson7757]

​@kurtyp3362 not even close. Try that math again. You're off by 3 orders of magnitude.

[@tonyaguilar2151]

Do you guys do free class in person

[@ksize7058]

If i make enough money this bull run, then i will participate in your training. I cannot afford it atm. Is it possible to make a contract with you that i have to stay at your firm for atleast 3 years and in return you let me do the education for free. I really want to be a good trader so badlu. Im living and breathing the market even on weekends. Fully dedicated

[@fumagoo1986]

if you want it that bad, you should be able to make it on your own

[@ksize7058]

@@fumagoo1986 i will, question is if they want me

[@GhostTrader37]

Build your own account. I started with 250 3years ago. Now im buying supercars for fun ​@ksize7058

[@1robertmind]

8 figures for SMB? or is that Commission?

[@microcapcoins]

Instead of mastering one set up and strategy..you guys encouraging to focus on more..??

[@thunders2020]

how much of an account to put in A+ trade is considered swinging hard?

[@mbellafiore19]

Each trader has a different buying power. Each trader works with the firm's risk manager to determine risk per day, month, trade, etc...

[@joelledbetter2926]

Man I wish I could just go watch these guys I've been so interested in learning but to me it just seems either way too easy and i know it can't be or Greek lol

[@YouLoveMrFriendly]

8 figure? My trading account is 9 figures. But just like you, I won't provide any proof.

[@GhostTrader37]

Mines is 14

[@MeditationMindless]

Those are rookie numbers. My trading account is 27 figures.

[@YouLoveMrFriendly]

@@GhostTrader37 what's your MACD settings

[@YouLoveMrFriendly]

@@MeditationMindless bro, your RSI settings must be LIT.

[@malusimathaba4040]

Are you Guys pure Technical Traders?

[@mbellafiore19]

No

[@chicosmokedyoupayne5905]

How do I get a job I’m a 8 figure trader in my paper account

[@chicosmokedyoupayne5905]

250000 account I can make 40k - 150 k daily 50 lots ES and NQ

[@cal4865]

$BIIB $GS $JPM $V

[@jimmyjones5839]

no link in my top right corner

[@smbcapital]

Links are in description as well. Sometimes KZbin does not show if you have certain settings enabled

[@GoodStuffForeverMore]

Where are the women on the team?

[@Galileopizza]

They ain’t that smart, probably lost their accounts

[@ThrowBackZone]

Is it just me, or does ‘trading bigger’ feel like a double-edged sword? 😬

[@gaberoyalll]

My Best advice and 1 secret ??????????????????????? don’t be a 7-figure trader.

[@Juniourk]

He can afford a buggati.

[@abcphotography852]

All these nicknames for these “top traders”. Shark, etc…omg

[@sultanmohammed453]

His actual name contains shark…

[@afonsodeportugal]

@@victornyamu2547 😂

[@skunkape5918]

☦❤🕊

[@regenadaniels8847]

Lewis Ronald White Michelle Anderson Brenda

[@ArcGlowingVision]

Steady As She Goes. 🧁☕

[@FxAdrian9854]

And when are you guys going to actually show trading? Or any trading strategies? 🥱