The right way to use technical analysis for momentum trading

[@smbcapital]

SMB Capital's Upcoming Webinar: bit.ly/3gUQTz9

[@rogerwyndham4927]

Mike. Probably the strongest educational video to date. And I've watched a lot of SMB's output. Structure, presentation and clear points underpinned a solid production.

[@mbellafiore19]

Thxs Roger

[@mikel7377]

Good looking slide deck and walk through of the trade, Torry. Mike, your systematic approach to reviewing his trade, specifically your meticulous and authentic feedback, is impeccable. Well done, gentlemen!

[@smbcapital]

thanks for the nice feedback Mike

[@thewonderfulworldofplumbin1792]

Great exchange of information and really, great insight. I appreciate the young trader was willing to allow us the opportunity to look at his wins and losses and why he entered or exited the trade. This was very helpful on so many levels. Thanks

[@lorensaunders5772]

Wow. Loved this guy's prep. Amazing.

[@mbellafiore19]

yes it was solid

[@HockeyLegendl]

Incredible stuff here. Love what you have done with the teaching aspect of this. Rare methodology on KZbin. Invaluable.

[@bartb4208]

Tory- Glad you mentioned Mark Douglas and the phycology of trading. How to think like a professional trader is on of the best video series I have watched outlining the subject of phycology and phycology's impact on trading. I highly recommend every trader watch How to think like a professional trader by Mark Douglas. To that point and based on the information of the series, it would be suggested that if the setup has a high probability of proven success, the trade is taken with appropriate risk management. The proven success of the set-up and the percent of time the setup is successful, should help alleviate your apprehensiveness of putting on the trade. Take the emotion out. Put every edge you can in your favor and take the trade if it meets your criteria. Thank you for the review, I always learn something from watching the traders at SMB capital. By the way, I would have to agree with Mike on the technical level in question lol. But know this, it was a great trade.

[@smiles_per_gallon]

Phycology 🤔 Phee, Phi, Pho, Phum

[@yuvicdrupibambi]

Congrats guys! This has been a great episode, love the feedback from Mike, it made me realize a few things i need to improve on. I think that these palybook reviews with newbie traders are very valuable for the audience since I assume most of us are at that same level and can relate to it. Thanks SMB!

[@smbcapital]

glad it was helpful! exactly why we prefer to do with newer traders

[@californialongtermcarecons6244]

I agree with Mike. It's much better to get in earlier and have smaller stop risk. If it is to run, it'll run from the get-go.

[@californialongtermcarecons6244]

I would get in after 20 seconds or less, especially if it defies SP during that time. SAVA is a good day trade material. It moves. Scalping works well with this.

[@phoenixtrader9172]

No interruptions by anyone... just flawless info....

[@denverbevins4052]

So, he booked 12% before noon but could have booked 17% by accepting more risk. The exit was the genius part of this video - from a trainee. Not bad, kid. Good luck & Godspeed with your goals.

[@403http]

The possible scenarios for the open is a great idea. This is what I want to see, anything else equals no trade. I will incorporate this into my trading.

[@mbellafiore19]

yes great idea

[@GBlunted]

Never watched this channel before today but this is the second video I've watched and all I can think is, "This shit is tight!" 👍🏽. Wish I would have stumbled upon this channel when I had play money before the pandemic hit and I was fully invested in everything everywhere! Unfortunately I've fully De-vested now, liquidated everything and redeemed everywhere and it's now that I find these videos.... I still think they're cool and find them very interesting tho and will continue to watch em cause it's just good content! 😀🙏🏽

[@sterlingking1243]

I’m definitely looking to get in thru the back door. SMB DNA is definitely in my future.

[@mbellafiore19]

look forward to that Sterling

[@auresobanski2354]

Mike and SMB team thank you for the very detailed trade analysis, more of it please.

[@mbellafiore19]

you are welcome and will do

[@Dribbles88]

40 minutes!! woah! PAUSE... Getting my notebook! TY TY!

[@mbellafiore19]

love hearing that Dennis

[@helvegr13]

Love these videos where a trader walks us through a trade and why they played it that way, and Bella eviscerates them lol.

[@smbcapital]

haha thanks Mikael!

[@bto9273]

Bella just a genious!

[@mbellafiore19]

Gr8 to hear we are helping.

[@saltnpepper1718]

how i get my mind in the right state for trading is a 30mg adderal xr and 3 espresso shots

[@quantumindicesfuturestrade6873]

I always like your content and I share it but one thing I would suggest is to organize your sound. It's inconsistent and generally low. Get a set of lavender body mics it will make a huge improvement on your presentations

[@marcofavro7050]

Would it be possible to see a video on how to adjust your trade based on the VIX.

[@tonycasanave8695]

This was a great lesson video. Love the back and forth analysis

[@razzyp3999]

Great video on momentum stocks. Pick up some good points about entry...the VIX and others! Enjoyed it Thanks 😊👍

[@gsingh144]

Love this channel to compliment the books and the DNA training, thanks SMB 🙏

[@smbcapital]

:)

[@svspirit4999]

“You got your mind right Luke?” Looks like he does… Good job man!! Faith & Perseverance! You can make it.

[@jackj959]

Love this episode! Momentum in.

[@smbcapital]

:)

[@hissst69]

Great Vid Bella, thank you for sharing your momentum in/out principles, very good stuff.

[@mbellafiore19]

you are welcome. thxs for watching Damon.

[@smbcapital]

Glad you enjoyed it!

[@tj86xj]

Thanks for the uploads!

[@mbellafiore19]

you are welcome

[@smbcapital]

Glad you like them

[@StillJustJoey]

This was gold. Thanks for sharing

[@lekinos9822]

100 is a psychological lvl...markets rarely giving you rounded exits or entries

[@shamusnewcastle5858]

love it! great video! thank you. 🍄

[@cwah7647]

Tory! nice job. I particularly appreciate the sharing about prep and mindset. I use music to break mental patterns sometimes. And I have some positive mental prep I do- but I am going to add some of yours and step mine up too. Also adding VIX to eval process. Thank you both.

[@mbellafiore19]

From me, you ate welcome

[@carlosfigueredo8550]

I really liked the presentation, hopefully he gets a shot😉 Good luck

[@smbcapital]

we root for everyone!

[@carlosfigueredo8550]

@Torry Hudson My pleasure sir !!! Good luck!! You got this!!

[@akim2007p]

Thanks, SMB. As always great content, but 40min seems too long for this trade. And also analysis looks like overthinking the setup. Why so complicate? KISS works the best. Yes, charts looks fancy, I never saw such charts with such fancy indicators 😂, but this was simple gap up opening range breakout setup on good news catalyst.

[@mbellafiore19]

the time just flew by for me

[@smbcapital]

we always have lots to talk about!

[@akim2007p]

@Torry Hudson I don’t want to underrate the effort you put behind analysis you did, but I found that overthinking was complicating my trading. It was easier to make money and it was harder to save myself from loosing. So, I simplified my efforts to make $$$, and focused on saving and protecting myself from loosing $$$. Risk management was a key. Good luck with your trading journey!

[@tradingarsenal9767]

Great video! I agree with Bella on this one for sure! I would rather take ORB trade, high-tight flag, or dip buy risking off LOD, than take at a full-ATR. This was a great trade regardless, but just saying. Keep it up!

[@mbellafiore19]

Thxs for your contribution to this discussion here.

[@ATLJB86]

I’m just like him.. The first 15-30 minutes is pretty wild and not a clear indication of how the market will move… Just like today.. Started green then everything went red.. Unless I bought shares in premarket, I let the first 30 minutes fly by generally.

[@mbellafiore19]

thxs for sharing

[@PortCapital]

hotkeys and second charts for me...only trade the first 30mins feeding on the emotional volatility.

[@FighterFred]

Glad that intraday trade worked out, since Aug 25 that stock has dropped more than 50%. Also, the global long-term picture has little effect on intraday movement.

[@kavoos1375]

Great video as always!

[@mbellafiore19]

thank you

[@smbcapital]

thx Kavoos!

[@user-zx8db8sf2t]

Spxl is always highly volatile :-), tna is even better

[@williamkreth]

Great info thank you guys

[@mbellafiore19]

you are welcome

[@smbcapital]

You bet!

[@jakesiu7664]

26:41 do you think he can share/export his setup? :) I like how he has his volume profile set up.

[@smbcapital]

If Torry sees this maybe he can share

[@--2455]

​@@smbcapital I'm interested in cloud settings , same timestamp 26:41 let him know Thanks )

[@shukhancheung]

Great video. Another topic I have been searching online but without legit answer that what exactly is "float rotation". How does that interact with other indications like ATR and indicate the price action?

[@ssaaoojoi]

UT represent!

[@MFM88832]

Amazing presentation. An interesting video idea might be comparing different openings of stocks and what variables cause it to move it in a certain way. For example, GapnGo vs CrapnFade where opening range for the latter is usually wider or something like that. Hope I'm making sense! Nonetheless, keep up the good work.

[@health4ever327]

Everyone is in rat race to make money. Guys, calm down, enjoy life, hi outside help people, socialize yourself, meet new people, watch movies. Life is not all about money

[@erick7702]

difficult stock, bid-ask spread pretty wide, you have to set your stop loss really far from entry point, you need experience with a stock like Sava to trade it, if you are loosing the trade and you are waiting that is a fake reversal, that can be some big losses. i think momentum with this stock is better. 5 dollar stop it, crazy confident.

[@mbellafiore19]

a bit of a wide stop loss agreed

[@Shawbaz]

Webinar was absolute GOLD!

[@mbellafiore19]

love hearing you found value in our webinar

[@ikaantynytlapsi9474]

Could you make a video on how much intuition and experience plays a role in elite traders success. Of course this is dependent on the traders trading style but how much about is trading an art and how much is it mechanical?

[@mbellafiore19]

This depends on the trader. Ex Shark uses his discretion more and it would be a mistake to encourage him to be overly mechanical. 3 other traders at the firm who are super successful are best being very mechanical.

[@mohammadfarzan230]

Thanks

[@smbcapital]

Welcome!

[@mercotsingh5289]

I agree with ...SAVA had great news so i would have looked for a entry b4 100...for one theres normally resistance at whole dollar but iwould have controled my size to mitigate low volume premarket? And generally stocks tend to push more off 5cents to 10 cents increments...so i would have tried to get in b4 100 for the push to 100 then start taking profits b4 100$ n if it breaks through he could have held a portion n wait till momentum starts to fade..??

[@mercotsingh5289]

@Torry Hudson u guys have great content.. also the order book is something u guys introduced which I find veryxxx useful.. a platform basis to executive trades more efficiently n effectively prior to making the trade know where u get in n where to get out.. this is one of the biggest issues traders find n struggle with n I just mastered this after 4 yrs n still more to learn.. I’m a firm believer in when to get in n where to get out is a gem of a mastery..

[@BrussBowman]

Some nice gems in this. Bella's reviews are best in class. Trader did a nice job on the hot seat.....though he's gotta lot of nerve coming into Bella's haus in a Dodgers hat....just sayin. :-)

[@dan6831]

Please include the date of the trade in all future videos. Thanks (SMB student)

[@mbellafiore19]

Thxs for your feedback. We do try and share timeless and recurring principles to be used on next trades.

[@dan6831]

@@mbellafiore19 I understand the principles Mike. Following the trade on my charts (TC 2000) helps me in the analysis. Moreover some of your traders use "non standards" charting which adds to the difficulty. Thanks

[@buhal13]

I want to know 7 figure trader profit more than a million from how much capital?.what is the average return yearly for top traders?

[@ghostsaintpatrick712]

this is gold

[@mbellafiore19]

Love hearing this added value to you

[@cjmllvv]

There's no substitute for getting it just right

[@mbellafiore19]

+1

[@cjmllvv]

@Torry Hudson thanks buddy. You also

[@BalaRaju-vu8gr]

Hi, sir, tanks for your videos, they are wonderful learning materials, do you have any training centers in UAE basically i am working here in Abu Dhabi, kindly let me know where can I get study materials

[@mbellafiore19]

You are welcome

[@jaimebarreto487]

whaT is SHORT FLOAT?

[@yasirali709]

Have a great day

[@mbellafiore19]

Thank you

[@kristahudson]

Solid presentation and great dialogue! (Also, who's the guy in the hat? Single? ☺)

[@bernardhudson7733]

Krista knows who this guy is!

[@mbellafiore19]

Now that is funny

[@nooway1506]

Where would we be without the word "and" !!!

[@mbellafiore19]

35 minutes?

[@davlei4290]

dont think he knew that much

[@davlei4290]

不用了，谢谢！@Torry Hudson

[@2dollarrip571]

get rid of that hat!!!!!

[@2dollarrip571]

Lol! Great playbook, hope you make it brother!

[@rwmeaney]

Rather hear from mike than this intern.

[@bernardhudson7733]

Just a coincidence that ‘mean’ is in your last name... yes?