When You Should NOT be Afraid to Take Trading Risk

Рет қаралды 20,784

Жыл бұрын

Grab your spot at workshop: bit.ly/3Ugjwcp
LANCE ON TWITTER: / theonelanceb
#lancebreitstein #stockmarket #daytrading
SMB Disclosures www.smbtraining.com/blog/smb-...

Пікірлер: 37

@danashute1314 5 ай бұрын

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

@GrantLeeEdwards Жыл бұрын

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

@mikenobles1515 Жыл бұрын

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

@dan6831 Жыл бұрын

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

@jackjack8390 Жыл бұрын

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

@bigzo5048 Жыл бұрын

Thanks Lance I really needed to hear that!

@nd-kay Ай бұрын

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

@nevinkuser9892 Жыл бұрын

Awesome video. Thank you 🙏🏼

@foley2k2 Жыл бұрын

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.

@Fenix_Trader Жыл бұрын

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 🙏❤️

@chr971 Жыл бұрын

Thanks for the video Bella and Lance!

@franciscogozon Жыл бұрын

Great video! thx

@lightkirsche Жыл бұрын

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

@FoursideAssetManagement Жыл бұрын

Really helpful - thank you Lance/SMB!

@yoginacharya2150 Жыл бұрын

Amazing video as always 👏🙏

@korozsitamas Жыл бұрын

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

@rewritereality394 Жыл бұрын

Thank you

@SagarSingh-bp9np Жыл бұрын

Thanks Lance 🐐

@razzy1476 Жыл бұрын

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! 👍🙂

@pennytrader12 Жыл бұрын

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

@Matrixway69 Жыл бұрын

Are you located at New York, Albany?

@kannapiranr.p9607 5 күн бұрын

Thanks sir

@zerotwodev6548 Жыл бұрын

love these lance videos

@joefeinstein6804 11 ай бұрын

Great, great advice.

@matthewmullally Жыл бұрын

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

@ryansm3417 Жыл бұрын

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

@Bayconic 10 ай бұрын

Gold to the end.

@georgemcduffey2622 Жыл бұрын

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.