The 6 Trading Rules I Learned From 1 Year of Losses

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  • เผยแพร่เมื่อ 12 มิ.ย. 2024
  • SMB Capital Trading Workshop tinyurl.com/yjxccx46
    00:00 - Justin's 1st year of Losses
    02:32 - Rule 1
    04:33 - Rule 2
    06:28 - Rule 3
    08:35 - Rule 4
    11:17 - Rule 5
    12:22 - Rule 6
    #trading101 #tradingtips #tradingloss
    SMB Disclosures www.smbtraining.com/blog/smb-...

ความคิดเห็น • 124

  • @smbcapital
    @smbcapital  7 หลายเดือนก่อน +8

    SMB Capital Trading Workshop tinyurl.com/yjxccx46

    • @rakeshsolanki2342
      @rakeshsolanki2342 6 หลายเดือนก่อน

      I m trading for couple of years continuously, not successful, but I m working on my unique small time frame scalping with risk management with high levarage strategy...hope all goes well....any way I really want to join SMB...I'm basically forex, indices and commodity trader......

  • @tonysilke
    @tonysilke 6 หลายเดือนก่อน +432

    With so few stocks driving up the latest rally and the majority of "traders" looking to "get rich quick" as the shin comes off those profits, it's time to realize "you'll never go broke taking profits." Buffett is also selling! I'm still uncertain about selling my $200k portfolio, considering its recent significant decline.

    • @Dannyholt33
      @Dannyholt33 6 หลายเดือนก่อน +1

      Don't sell; avoiding trying to time the market and incurring unnecessary taxes. Stay grounded and focus on the long term!

    • @PatrickLloyd-
      @PatrickLloyd- 6 หลายเดือนก่อน +1

      That's why I've entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My fiduciary crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to $700k, generating sufficient dividends for my household's needs.

    • @hankmarks69
      @hankmarks69 6 หลายเดือนก่อน +1

      Hey there, my retirement portfolio has been underperforming recently, and I'm considering a strategy change with the help of an advisėr. Is it possible to get in touch with your advisėr?

    • @PatrickLloyd-
      @PatrickLloyd- 6 หลายเดือนก่อน +1

      'Vivian Carol Gioia' deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online if you are internet-savvy.

    • @hankmarks69
      @hankmarks69 6 หลายเดือนก่อน +1

      Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

  • @Jennyuk1
    @Jennyuk1 6 หลายเดือนก่อน +413

    Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

    • @Kimdavid109
      @Kimdavid109 6 หลายเดือนก่อน

      It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.

    • @Lettogle109
      @Lettogle109 6 หลายเดือนก่อน

      Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.

    • @gracegomez109
      @gracegomez109 6 หลายเดือนก่อน

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @Lettogle109
      @Lettogle109 6 หลายเดือนก่อน

      LINDA PEREZ LEWIS
      That’s my licesed Financial advisor you can easily look her up, Thank me later!

    • @gracegomez109
      @gracegomez109 6 หลายเดือนก่อน

      Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.

  • @ericstone4624
    @ericstone4624 7 หลายเดือนก่อน +70

    Thank you Justin. Always good to be reminded of simple but important concepts and rules.

    • @JustinSperoSMB
      @JustinSperoSMB 6 หลายเดือนก่อน +1

      Thanks for watching Eric!

  • @leandrosilva6414
    @leandrosilva6414 10 วันที่ผ่านมา

    Loving this videos! So much great info here! Thanks SMB!

  • @jprivasb
    @jprivasb 7 หลายเดือนก่อน +12

    I am a living and walking proof of the SMB process, specifically of Justin's teachings and coaching. He is a great trader and one of the best trading coaches I have seen in the industry. I am the trader I am today because of Justins's guidance. Thanks to his mentoring, I am a profitable trader. Even at my stage, I still seek his advice and recommendations, like those in this video.
    Trading is a challenging but rewarding profession. Trying to do this alone is insane. Every professional athlete in any discipline has a coach, and trading is no different. Justin has been mine, and I will continue to seek his guidance until I stop trading. There are more Coaches at SMB, and I bet you all have the pros and cons, but one thing is for sure: a great Firm is backing up them full of resources that will help you at any time, at any stage of your trading career. Thank you, Justin and SMB.

  • @sanfrantrader
    @sanfrantrader 7 หลายเดือนก่อน +12

    Absolutely love the B-Roll footage of the traders actually trading while they speak. Much more of that please!

    • @smbcapital
      @smbcapital  7 หลายเดือนก่อน

      noted!

  • @KT-zx9jr
    @KT-zx9jr 7 หลายเดือนก่อน +1

    Nice clip Mike and Justin.. Clean. Hope you are well. Awesome "risk on" day today. Thanks.

  • @christopherk7920
    @christopherk7920 6 หลายเดือนก่อน +3

    a) Know when to get out before you even get in b) do not take another trade until the current one has SL at BE has changed much of how I trade the FX mkt. The 3 strikes rule is a way to prevent you from over and/or revenge trading. Wonderful advice there and thank you

  • @yoginacharya2150
    @yoginacharya2150 6 หลายเดือนก่อน +1

    Thank you for sharing. Awesome job Justin👏

  • @thealternativecontrarian9936
    @thealternativecontrarian9936 7 หลายเดือนก่อน +2

    You created some rules that are common and disciplined and recommitted yourself. Nice work.

  • @entrepreneurialjunkie
    @entrepreneurialjunkie 6 หลายเดือนก่อน +1

    After reading The Playbook, I'm doing all of this now. Love all of the real, factual educational content! You've helped me tremendously.

  • @silentbullet2023
    @silentbullet2023 7 หลายเดือนก่อน +1

    Thank you taking the time to enlighten us.

  • @mehmetpark
    @mehmetpark 2 หลายเดือนก่อน

    Really good advices, they definitely resonate with me. Thank you

  • @rnas2621
    @rnas2621 6 หลายเดือนก่อน +2

    Another outstanding analysis from Justin. He delivers the best presentations on this channel.

  • @howiesoc17
    @howiesoc17 7 หลายเดือนก่อน +6

    The 'no trading during mid-day lull' is a big one. Trying to hop on a market move doesn't work nearly as well with the low volume during lunch. I find myself overtrading and getting beat up by the bid/ask spread more often than not. Even when I squeeze some profit out of lunch, it is rarely worth the time and mental strain required to do it.

    • @JustinSperoSMB
      @JustinSperoSMB 6 หลายเดือนก่อน

      Might be the most important rule here!

  • @TBradFashionModel
    @TBradFashionModel 6 หลายเดือนก่อน +2

    setting alerts is a must.....

  • @leeles
    @leeles 6 หลายเดือนก่อน +1

    Thank you for sharing your experiences and insights, Justin. This is very helpful and well-explained.

  • @guillaumerosselet1303
    @guillaumerosselet1303 6 หลายเดือนก่อน +7

    Trade the direction of the vwap. I do the same with the 50SMA always trade in its direction regardless how enticing reversal opportunities may be.

    • @aaronwilliams6808
      @aaronwilliams6808 6 หลายเดือนก่อน

      I use the 20ema, but i agree with you 1000%

  • @anthonynewgent8004
    @anthonynewgent8004 7 หลายเดือนก่อน +2

    I wish I were a young man again. This is what trading is about. Justin thanks for laying it on the line.

  • @juaneknath14
    @juaneknath14 6 หลายเดือนก่อน

    very useful and helpful video thank you I am still learning in the nusantara fx community

  • @MrGchiasson
    @MrGchiasson 6 หลายเดือนก่อน

    Did the same thing...'bottomed out' and stopped trading for a year..
    So...studying methods..as you describe...will begin trading again in a month.
    Great 'info-video'.

  • @sam229a
    @sam229a 6 หลายเดือนก่อน +5

    Justin’s trading rules
    1. Using the correct stop. 2:32
    2. Avoid “death” by 1000 cuts via the 3 strikes rule. 4:33
    3. No Trading Midday. 6:28
    4. Trading in the direction of VWAP. 8:35
    5. Setting Price alerts. 11:17
    6. Only trading stocks in play. 12:22

  • @sohailhines
    @sohailhines 7 หลายเดือนก่อน +5

    Always enjoy content from SMB Capital but this one was especially valuable and relatable. One question (please) - what's the exact anchor point (time) from previous day? Thank you.

  • @richardnisaf3062
    @richardnisaf3062 5 หลายเดือนก่อน

    😮,thx for this information

  • @prettybrwneyez7757
    @prettybrwneyez7757 7 หลายเดือนก่อน +1

    This was great! Thank you ❤

  • @theccieguy
    @theccieguy หลายเดือนก่อน

    Thanks.

  • @TheBlueskyson
    @TheBlueskyson 3 หลายเดือนก่อน

    Hi crew. is VWAP useful on higher time frames such as Daily and 4 hour? ty 4 interesting vid. Good job Justin

  • @blackmancer
    @blackmancer 6 หลายเดือนก่อน

    Thanks for the knowledge!
    Also.... VWAP... really... :)

  • @MichaelChean
    @MichaelChean 7 หลายเดือนก่อน +2

    Great video!

  • @MrSmokinBeats
    @MrSmokinBeats 7 หลายเดือนก่อน

    Fantastic video, towards the end Justin mentions another video and in the top corner it pops up Title Most Important Trading Skill. I cannot find this video, or see a link to it on the screen. Confused after a long day trading. But like everyone else love the content SMB provide, so thank you very, very much, all of you at SMB...

    • @smbcapital
      @smbcapital  7 หลายเดือนก่อน +2

      here is the video: th-cam.com/video/edbzOXsdb8M/w-d-xo.html

    • @MrSmokinBeats
      @MrSmokinBeats 6 หลายเดือนก่อน

      Super thank you, I will watch it when I finish for the day..@@smbcapital

  • @Amwatson801
    @Amwatson801 6 หลายเดือนก่อน

    Glad to see Justin back and looking forward to a continuation of the bar-by-bar series!

  • @AUstinnesc
    @AUstinnesc 6 หลายเดือนก่อน +48

    After a rally that defied high interest rates and recession calls, stock valuations are now edging toward levels seen before some of the greatest market meltdowns in history My portfolio has been dwindling despite the S&P 500 doing well. It's frustrating. About 30% of my $580K portfolio has been lost in 4 months. How do I turn this around?

    • @McElvinn
      @McElvinn 6 หลายเดือนก่อน +2

      In my books not your fault, the stock market seems to be more of a casino for gamblers now than a place for investors.Its your duty to properly research, buying now does not guarantee a rebound

    • @sheltonPston
      @sheltonPston 6 หลายเดือนก่อน +1

      Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now and I made over $800K from an initial 450K since Q2

    • @Defisher
      @Defisher 6 หลายเดือนก่อน +1

      How do I find this financial counselor ?

    • @sheltonPston
      @sheltonPston 6 หลายเดือนก่อน +4

      I've shuffled through a few advisors in the past, but settled with 'Nicole Desiree Simon' her service is exemplary. I'd suggest you research her further on your browser, sure you'll find her basic info.

    • @Defisher
      @Defisher 6 หลายเดือนก่อน

      Thank you for this tip. it was easy to find your mentor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

  • @lightofmylife1616
    @lightofmylife1616 7 หลายเดือนก่อน +1

    what is the reasoning behind only trading stocks in play? Do the HFT machines shut off only when the stock has elevated volume?

  • @Jaysnipes
    @Jaysnipes 7 หลายเดือนก่อน +1

    Great video! 🎯

  • @christopherbrooks5206
    @christopherbrooks5206 6 หลายเดือนก่อน

    Love trading spx

  • @chilatelover
    @chilatelover 7 หลายเดือนก่อน +1

    Thank you Justin and SMB. Notes taken. Between this and Lance's videos I'll be going platinum soon

  • @DeltaScalper
    @DeltaScalper 6 หลายเดือนก่อน +1

    What is the company good for if trader has to figure the whole thing out on his own ?

  • @AlanTrades
    @AlanTrades 7 หลายเดือนก่อน +1

    3 trades 3 chances works for me, thanks pdt!

  • @_MTFA
    @_MTFA 7 หลายเดือนก่อน +5

    I have ran data for 3 years now and traded my strategy for about 2 with good success. Though I find I am by far my worst enemy. I will have a good 2 week run on winning trades and often get complacent and see a set up that has just 1 of my rules unmet and bam I take a hit. The data of my strat is very good with a very high hit rate when one appears "though not every day". I feel like I have done all the work yet lack one key trait. Discipline, more specifically long term discipline. I dont care much about the money trading offers for me its more that I want to see my personal progression in this Journey

  • @andrewjankowski5153
    @andrewjankowski5153 7 หลายเดือนก่อน +1

    ❤ you bella

  • @oceanwave4142
    @oceanwave4142 5 หลายเดือนก่อน

    Why do you not trade something more scalable like the indices or gold?

  • @mintech1000
    @mintech1000 7 หลายเดือนก่อน +1

    so happy for you Justin

  • @apathyreview3964
    @apathyreview3964 7 หลายเดือนก่อน

    Algo trader here. 90 percent of most firms volume is from algo trading. Just wondering if it's the same with you guys.

  • @holfytempowerment5609
    @holfytempowerment5609 7 หลายเดือนก่อน +1

    Excellent content

  • @jameslinmd
    @jameslinmd 6 หลายเดือนก่อน

    Only losing the first year of trading? You are ahead of most newbie traders.

  • @rohitnautiyal7090
    @rohitnautiyal7090 6 หลายเดือนก่อน

    I have hit the rock bottom!! I do one good day and three terrible days!!

  • @isaacgallarin6008
    @isaacgallarin6008 7 หลายเดือนก่อน +1

    Very interested in joining SMB! Will sign up! :)

  • @helloworld6330
    @helloworld6330 7 หลายเดือนก่อน +7

    I think we have a poet here. A writer career could have been even more epic 😊

    • @danielgarrett4230
      @danielgarrett4230 7 หลายเดือนก่อน +3

      Well said. Never seen someone try so hard to not look like their reading a teleprompter.

    • @Josh-Jones
      @Josh-Jones 6 หลายเดือนก่อน +1

      ​@@danielgarrett4230
      "they're" .. if you're going to insult someone giving out free information that you could benefit from, at least insult them with correct spelling and grammar.

    • @rnas2621
      @rnas2621 6 หลายเดือนก่อน

      Who are you referring to? If Justin, he would be referring back to his own notes, not someone else's. What's the point of memorizing all that someone wants to share in a presentation. Wouldn't it be more benefitial for the listener/audience if the presenter followed their bullet points/outline, to make sure they've covered all they intended to share?

  • @reallyeasy5088
    @reallyeasy5088 7 หลายเดือนก่อน +3

    I love this channel

    • @smbcapital
      @smbcapital  7 หลายเดือนก่อน

      Thank you!

  • @bossman1958
    @bossman1958 7 หลายเดือนก่อน +3

    First like first comment !

    • @smbcapital
      @smbcapital  7 หลายเดือนก่อน

      👊

  • @thecaptain3068
    @thecaptain3068 6 หลายเดือนก่อน +1

    Sounds like a days of our lives drama tv show.

  • @DougSmileyVirgo
    @DougSmileyVirgo 6 หลายเดือนก่อน

    Treasury auctions happen during lunch break so big money is eating a burrito and monitoring the bond auctions.

  • @jopronyc837
    @jopronyc837 6 หลายเดือนก่อน

    i could really work ms&b ? that would
    be life changing

  • @pmtix9819
    @pmtix9819 7 หลายเดือนก่อน +1

    damn yall are legit greatness. put me in coach!!

  • @pcmendes1973
    @pcmendes1973 7 หลายเดือนก่อน

    The video link isn’t working

    • @smbcapital
      @smbcapital  7 หลายเดือนก่อน

      Which link?

  • @us00099
    @us00099 7 หลายเดือนก่อน

    uper or lower bnb ta best

  • @MrSimonw58
    @MrSimonw58 7 หลายเดือนก่อน +3

    1 entire year of losing .... wow

  • @DayTradeWithSam
    @DayTradeWithSam 7 หลายเดือนก่อน +8

    All these guys you bring on always speak about the same thing. Use a stop loss, trade what’s in play and etc…. But none of this matter if you are not thinking correctly about trading. They way you think will determine your equity curve. Understand that every price movement is completely random. There is no way to 100% predict the next move up or down. Same thing goes with your next trade. There is no way to know if it will work or fail. All we can control is our stop loss and profit taking. Make your position size ,stop loss and profit target predefined and I Guarantee You that you will find the result’s your looking for.

  • @sartajbhullar3782
    @sartajbhullar3782 6 หลายเดือนก่อน

    if someone knows how to make money they never disclose it to others . Simple as that

  • @bpenguin
    @bpenguin 7 หลายเดือนก่อน +1

    How are traders allowed to lose for a year straight at SMB of all places?

    • @ryugurena3327
      @ryugurena3327 7 หลายเดือนก่อน

      I think they start them off with small amounts of money

    • @connormcchicken5915
      @connormcchicken5915 7 หลายเดือนก่อน

      Also, are these guys on payroll?

    • @smbcapital
      @smbcapital  7 หลายเดือนก่อน +1

      traders are paid initially. None of the traders fund their own accounts. The firm does that for them

    • @bpenguin
      @bpenguin 7 หลายเดือนก่อน

      no. My understanding is they have to do well to make money.@@connormcchicken5915

  • @paul-ku
    @paul-ku 6 หลายเดือนก่อน

    chat gpt generated text script, it sounds so boring

  • @Optiontrader61
    @Optiontrader61 6 หลายเดือนก่อน

    1 year of losses. That's nothing. I'm way beyond 1 year of losses.

  • @colincole7075
    @colincole7075 6 หลายเดือนก่อน

    You got four computer screens in front of you which you can't do that on a mobile phone 😂

  • @adamcannon7776
    @adamcannon7776 6 หลายเดือนก่อน

    😅lol this video complicates trading and seems outdated, you can scalpe the 1 min or 5 using basic price action/ smart money principles and as long as you stick to a proper RR kill it

  • @MrJustoverissimo
    @MrJustoverissimo 6 หลายเดือนก่อน

    Hahahahahah 😂

  • @ronaldogima8022
    @ronaldogima8022 6 หลายเดือนก่อน +1

    WOW Justins really focusing on them cue cards on the side really well on this fake story :( shame.

    • @JustinSperoSMB
      @JustinSperoSMB 6 หลายเดือนก่อน

      It's 100% a true story and yes I'm reading from a script that I wrote. Thanks for watching!

  • @PAYDAYHEDGE
    @PAYDAYHEDGE 6 หลายเดือนก่อน

    is he reading out of a script

  • @BagHolder323
    @BagHolder323 4 หลายเดือนก่อน

    Why do these guys always read from a teleprompter? Tell us in your own words. # nocred

  • @Kiwi_Dave
    @Kiwi_Dave 6 หลายเดือนก่อน

    Not very convincing any of this is true when he is just reading a script.

  • @tbremard
    @tbremard 6 หลายเดือนก่อน

    This speach presented as testimonial, is just smelling 200%non authentic and 100% hidden marketing promotion for their workshop targeting poorly educated retailers

  • @angisworld8129
    @angisworld8129 6 หลายเดือนก่อน +1

    This actor needs to read his skript ----- zzzzzz

  • @orderflowdojo
    @orderflowdojo 7 หลายเดือนก่อน +2

    Slap the bid and study the order flow 📉