Hey, just wanted to say super thanks to Lance for giving back to the trading community with these videos. Lance is the only trading educator who has appreciably improved my performance. This tip, in particular, has been so helpful. I'm definitely one of those traders he has mentioned that went from meh/breakeven to profitable with the exponential bet sizing approach... I also totally respect Lance's not-for-profit work. I hope one day I can follow in his footsteps and totally give heaps away. Will definitely be giving money to the Impact Competition as a token of my gratitude!
OMG… this is gold. For the longest time I been wondering how to increase my account. I’m very consistent with high percentage gains but the growth has been dismal
I couldn’t agree more because for newer investors like me, it's always great to hear from a person who has gone through all andd yh yh I know loses are inevitable but It's unnerving to see your portfolio go from green to red but even if I were to pick a stock.
@Joe Caruso Honestly, I advice you consider fin plan. A huge part of my pt growth came this bear market been able to scale from $18k to 57k passively following guidelines of Yvonne Annette Lively. It’s basically knowing when to buy or sell.
@@maryalchester Meeting the right one could be a hassle, in regards to the large influx of scammers, it’s right to verify licenses, broker alongside the firm.
an A+ trade for lance may be different for someone else. A good place to start is MSTR CRVA ARKK trade twitter.com/TheOneLanceB/status/1530187072920772611
I found that learning to scale properly is like support and resistance you try it fail go back to normal try it fail fall back you learn things experiencing scaling like better risk management, better position sizing, timing, patience, or when and where size should be added but you need to know full well what you are doing before increasing size because its the difference between huge wins and blown accounts
Noticing a few points. It takes time to confirm an A+ set up. Example given here is 4 months to go exponential on presumably a swing trade set up. Certainly by month 2 or month 3, I believe one should be playing with house money. Of course the one time I had this type A+ set up. I was not experienced enough to know this and left a lot of money on the table. That is the flip side and why FOMO needs to be eradicated mentally first.
I recommend doing a video on how to handle a Drawdown let's say after loosing 2-3 A+ setups I personally sometimes risk 5% of the acc on A+ setups Loosing 2-3 A+ Setups can affect the account
Interesting perspective. I for one would say all of my trades are "B+" or better setups. I used to think I should size down on the lesser setups, but after tracking my stats I find I would be most profitable to essentially go full size on every trade. So that is what I do. I ONLY take trades that are statistically in my favor, so I may as well go full size to maximize the profits. If you are taking setups that are not long-term profitable then why even take those trades at all? I use a very high reward to risk ratio so even on all the B+ setups i lose a lot....but my winners are always very big in comparison to losers. Drawdowns are not really significant unless i go 10+ losers in a row. All I need to be profitable is for one of every 6 or 7 trades to hit target. All I need to grow significantly is have 1 out of 4 trades hit full target. If I have a great week where 5 or 6 trades hit target it covers all of the losing trades i will have for sometimes weeks or months. I don't see the point of even taking trades if you are using tiny sizing. The only caveat is that "all in" for me is really 1/2 of all in because i want the ability to take two trades at a time and I often do. The only sizing difference I use is sometimes on a real a+ setup I will go double size on one trade..so truly all in with no buying power left.
Based on what you described and the way you put your thought down, seems like you're not the average trader. I'm looking for someone that knows what they're doing to take a look at my statistics and my strat and give me a few pointers. I've been doing this for 2 years now, all by myself, never had someone tell me if I'm doing anything right or wrong, and I just started being profitable in demo but it seems too good to be true, would you mind spending a couple of mins to look at what I'm doing and give me your opinion? Thanks in advance!
This strategy is actually a great way to plan ones life as well. Measuring Risk vs Reward w/probability of Success but on an exponential level, can create great results!
I greatly appreciate the clear delivery of concept. With we each fabulous video SMB produces, you guys are quickly raising the standard in trading education. I'm so glad I found you guys
appreciate that Terry! We are getting more focused on delivering high quality content vs a lot of content. We are taking the time to develop these ideas for videos
Hello Lance and SMB. I've been trading for almost a year but only forex (still in demo). I am always afraid of betting more than 1% on a setup. Trades reversed so often on me that I'm not confident enough to increase bets. Do you have any tips?
Is exponential bet sizing worth it with a single strategy that has around a 30% winrate and 1:5 R:R? If say I don't place trades that have anegative EV (the D grade trades), then why not risk the same on my C setups? They make money as well. I'm not saying risk the same on an A setuo as on a C. I'm saying risk the same on a C as on an A (or a B, idk). Wouldn't this make sense for someone with my strategy?
Variance and risk-to-ruin. If your C trades only have a win-rate of 50-60%, your likelihood of losing a series of 3-4 coin flips is too great to risk blowing your account with oversized bets
The biggest problem for this strategy is that you have no idea the trade you are going to do is an A trade, a B trade, a C trade or a D trade.You may think it's an A trade and you put a lot of money on it, but it's a D trade and you lose a lot. The trade you think it might be a D trade truns out to be an A trade.
How to grow your account fast.... For "experienced" traders? Experienced traders know how to grow their account... because, they have experience. Experienced traders don't have less than 25k account & certainly don't have less than 5-8k like the thumbnail shows. I've been trading over 2 years, blown up my account 4 times. Blowing up an account is an experience for sure but I wouldn't consider my self an experienced trader. Once I successfully reach over 25k & get to 50k or so then I think I could consider myself an experienced trader.
The information is almost useless when he won't tell us the % of account he is allocating to each trade category. How BIG is big? That really matters. And how does he enter... It's different to jump in full size all at once vs gradually adding more when it moves in your favor. He always uses the example of a 90% win rate setup with 1:4 R:R in his examples which seems unrealistic but ok. He might be getting saved by that high win rate while other guys will get crushed with this method on lower win rate setups, even if the R:R is better than the 90% setup.
ABCD type of trades is avery vague way of describing a ver y condoluted thing that many traders struggle to clearly define. Is there a past video that you would direct to with regards to how traders should approach such classification. I understand everyone trades differently but with traders being inundated with so many indicators and other info, giving them an idea of what is practical and what is not in determining such classifciation could be helpful.
A good read might be this trade Lance took twitter.com/TheOneLanceB/status/1530187072920772611 This trade setup was the perfect alignment. Each trader should be logging all these big trades they make and after awhile you'll soon realize what setups generate A+ returns for you
@@JohnYoga Exactly! Small repeatable trades make consistent income and mistakes don’t hurt your account very much. I have yet to meet a trader who can do what he’s claiming.
Guys, great video but you need to change your background. The static image looks like something out of a video game. Please just film with a window in your office as the background.
George, background is a video of the view from our office. If we filmed with the window behind lance it wouldn't look great. We use professional studio lighting with a green screen for best quality which then gets overlayed with the background. This is a standard thing for studios.
This shows the difference between listening and hearing. If you had been listening in all lance videos by now you should ve picked up alot of A + setup ideas and make them your own. We all want it so easy at our door steps , ve watched lance videos up to 30 times since July and all I can say is if only one can listen he can grab alot, but most importantly if only one can put in the work he will become alot 💚❤️
@@GLOBALBL I have several issues with this video. First being his use of the word ‘bet’. Trading is not gambling. That mindset kills more traders than anything else. Semantics aside, the abcd premise is nuts. Trading requires an edge, and no matter what your particular edge is, every trade you take should be an ‘a’ trade. Period. If that trade is merely so-so, why the hell would you waste time or money on it? At the point you have found what you believe is an A trade, you scale in your allocation, whatever that amount is. Meaning you test the trade with maybe 20% of your $, then buy more as the trade proves successful. That way if it turns on you and triggers your trailing stop, you haven’t given back as much loss. By the time you have 100% of the allocation (which should never be more than 5% of your total account) in the trade, your trailing stop should be such that you break even (no loss) if it gets hit.
SMB Capital workshop bit.ly/3Stu1r9
Lance Twitter twitter.com/TheOneLanceB
Exponential Bet Sizing Video th-cam.com/video/D5hlyKd2O0I/w-d-xo.html
Hey, just wanted to say super thanks to Lance for giving back to the trading community with these videos. Lance is the only trading educator who has appreciably improved my performance. This tip, in particular, has been so helpful. I'm definitely one of those traders he has mentioned that went from meh/breakeven to profitable with the exponential bet sizing approach... I also totally respect Lance's not-for-profit work. I hope one day I can follow in his footsteps and totally give heaps away. Will definitely be giving money to the Impact Competition as a token of my gratitude!
I don't know why it makes me so happy to see a fellow trader do good and better themselves
Thanks you Lance! Scaling up has been something I mentally struggle with.
Been trading for about a year and this was one of the first rules I implemented. Great video!
Wow what a good idea! So frustrating to lose the same on bad trades than on good trades. Thanks a lot!!
OMG… this is gold. For the longest time I been wondering how to increase my account. I’m very consistent with high percentage gains but the growth has been dismal
This goes to show how essential it is prominence of financial advice before taking a jump at whatever. Glad to have found your page.
I couldn’t agree more because for newer investors like me, it's always great to hear from a person who has gone through all andd yh yh I know loses are inevitable but It's unnerving to see your portfolio go from green to red but even if I were to pick a stock.
@Joe Caruso Honestly, I advice you consider fin plan. A huge part of my pt growth came this bear market been able to scale from $18k to 57k passively following guidelines of Yvonne Annette Lively. It’s basically knowing when to buy or sell.
@@mvanwie How trustworthy are these fin advisors? And how do I get a hold of your coach? Could I like look her up? I mean Yvonne Annette Lively
@@maryalchester Meeting the right one could be a hassle, in regards to the large influx of scammers, it’s right to verify licenses, broker alongside the firm.
@@mvanwie Website show after I googlesd name. I call to meet soon. Tank info, insha allah
Excellent. Give us a real example of an A-Trade and a B-Trade, and how you distinguish those nuances in the moment.
an A+ trade for lance may be different for someone else. A good place to start is MSTR CRVA ARKK trade
twitter.com/TheOneLanceB/status/1530187072920772611
Damn, talk about good timing. Almost feels like you made this video just for me Lance! Thanks!
love more contents for experienced traders.
Hello from France 🇫🇷
Thank you for your videos, it's usefull and inspiring 📈
I found that learning to scale properly is like support and resistance you try it fail go back to normal try it fail fall back you learn things experiencing scaling like better risk management, better position sizing, timing, patience, or when and where size should be added but you need to know full well what you are doing before increasing size because its the difference between huge wins and blown accounts
Thank you SMB Cap and thank you Lance for all your efforts.
Noticing a few points. It takes time to confirm an A+ set up. Example given here is 4 months to go exponential on presumably a swing trade set up. Certainly by month 2 or month 3, I believe one should be playing with house money. Of course the one time I had this type A+ set up. I was not experienced enough to know this and left a lot of money on the table. That is the flip side and why FOMO needs to be eradicated mentally first.
Lance is talking from a short term perspective but definitely can apply this to swing trades as well
crazy helpful - what an advise - thanks Chat With Traders podcast
Really nice Lance. Thank you for sharing, appreciated and makes complete sense.
Thank you Lance and SMB for providing great value to the community, this is another great vid!
Thanks Lance, great topic and idea! going to work on this.
any examples of each trade?
Yeah, and HOW he possibly sees IN ADVANCE which trade is going to be which… but that’s kept a secret …if he actually knows it.
Talk is always cheap
I recommend doing a video on how to handle a Drawdown let's say after loosing 2-3 A+ setups
I personally sometimes risk 5% of the acc on A+ setups
Loosing 2-3 A+ Setups can affect the account
good video idea Tony
Interesting perspective. I for one would say all of my trades are "B+" or better setups. I used to think I should size down on the lesser setups, but after tracking my stats I find I would be most profitable to essentially go full size on every trade. So that is what I do. I ONLY take trades that are statistically in my favor, so I may as well go full size to maximize the profits. If you are taking setups that are not long-term profitable then why even take those trades at all? I use a very high reward to risk ratio so even on all the B+ setups i lose a lot....but my winners are always very big in comparison to losers. Drawdowns are not really significant unless i go 10+ losers in a row. All I need to be profitable is for one of every 6 or 7 trades to hit target. All I need to grow significantly is have 1 out of 4 trades hit full target. If I have a great week where 5 or 6 trades hit target it covers all of the losing trades i will have for sometimes weeks or months. I don't see the point of even taking trades if you are using tiny sizing. The only caveat is that "all in" for me is really 1/2 of all in because i want the ability to take two trades at a time and I often do. The only sizing difference I use is sometimes on a real a+ setup I will go double size on one trade..so truly all in with no buying power left.
Based on what you described and the way you put your thought down, seems like you're not the average trader. I'm looking for someone that knows what they're doing to take a look at my statistics and my strat and give me a few pointers. I've been doing this for 2 years now, all by myself, never had someone tell me if I'm doing anything right or wrong, and I just started being profitable in demo but it seems too good to be true, would you mind spending a couple of mins to look at what I'm doing and give me your opinion? Thanks in advance!
This strategy is actually a great way to plan ones life as well. Measuring Risk vs Reward w/probability of Success but on an exponential level, can create great results!
absolutely!
This is amazing. Thank you, SMB.
What about options trading, where the bet size (contract premium.) varies relative to the underlying stock ?
this sounds like a video for Seth to do
@@smbcapital please do, it would be much appreciated
lancelot of trading
Such exponential growth is the difference between working for an hourly wage and getting rich. Math is amazing.
I greatly appreciate the clear delivery of concept. With we each fabulous video SMB produces, you guys are quickly raising the standard in trading education.
I'm so glad I found you guys
appreciate that Terry! We are getting more focused on delivering high quality content vs a lot of content. We are taking the time to develop these ideas for videos
Hello Lance and SMB. I've been trading for almost a year but only forex (still in demo). I am always afraid of betting more than 1% on a setup. Trades reversed so often on me that I'm not confident enough to increase bets. Do you have any tips?
Is exponential bet sizing worth it with a single strategy that has around a 30% winrate and 1:5 R:R? If say I don't place trades that have anegative EV (the D grade trades), then why not risk the same on my C setups? They make money as well. I'm not saying risk the same on an A setuo as on a C. I'm saying risk the same on a C as on an A (or a B, idk). Wouldn't this make sense for someone with my strategy?
Variance and risk-to-ruin. If your C trades only have a win-rate of 50-60%, your likelihood of losing a series of 3-4 coin flips is too great to risk blowing your account with oversized bets
Stumbled upon your channel. Outstanding content 2day i became a SUB. 😁
welcome Allen!
welcome!
Do you have any traders that only take A+ setups? Is it an acceptable way to trade only 20-30 times a year especially if you have the patience?
nicely put
I'm a beginner but if you did it! I can too
Thanks
Man this is spot on..ty
great vid!
Great, great video.
Super fantastic vid, Lance. Appreciate you. "the hit and go get lit method" ...lol
Such great actionable advice!
glad it was helpful
Life changing video..
ooh yeah growing size
Great thoughts! 👍
What happened to "Shark?"
I use the Kelley Criteria
Great takes! Agreed
I have registered for the webinar, I am looking forward to seeing what comes up.
The biggest problem for this strategy is that you have no idea the trade you are going to do is an A trade, a B trade, a C trade or a D trade.You may think it's an A trade and you put a lot of money on it, but it's a D trade and you lose a lot. The trade you think it might be a D trade truns out to be an A trade.
This 100%^^
Agree. Every trade you go into should be A+
thanks love the content
Loved this ❤
first email :)
How to grow your account fast.... For "experienced" traders?
Experienced traders know how to grow their account... because, they have experience.
Experienced traders don't have less than 25k account & certainly don't have less than 5-8k like the thumbnail shows.
I've been trading over 2 years, blown up my account 4 times.
Blowing up an account is an experience for sure but I wouldn't consider my self an experienced trader. Once I successfully reach over 25k & get to 50k or so then I think I could consider myself an experienced trader.
The information is almost useless when he won't tell us the % of account he is allocating to each trade category. How BIG is big? That really matters. And how does he enter... It's different to jump in full size all at once vs gradually adding more when it moves in your favor. He always uses the example of a 90% win rate setup with 1:4 R:R in his examples which seems unrealistic but ok. He might be getting saved by that high win rate while other guys will get crushed with this method on lower win rate setups, even if the R:R is better than the 90% setup.
Smart
Bout to hit and get lit lance thanks for the tip !
Thanks for this.
of course!
ABCD type of trades is avery vague way of describing a ver y condoluted thing that many traders struggle to clearly define. Is there a past video that you would direct to with regards to how traders should approach such classification. I understand everyone trades differently but with traders being inundated with so many indicators and other info, giving them an idea of what is practical and what is not in determining such classifciation could be helpful.
A good read might be this trade Lance took twitter.com/TheOneLanceB/status/1530187072920772611
This trade setup was the perfect alignment. Each trader should be logging all these big trades they make and after awhile you'll soon realize what setups generate A+ returns for you
Go big or go homeless
@@JohnYoga Exactly! Small repeatable trades make consistent income and mistakes don’t hurt your account very much. I have yet to meet a trader who can do what he’s claiming.
lol
Millionaire trader and still doing TH-cam videos, interestingly suspicious 🤔
I agree. If you're a millionaire trader why would you waste your time doing you tube videos. Bored? Got nothing better to do with millions?
He’s retired and only does non profit work 😂
Its a prop firm, they literally depend on making new traders
Not at all. The best of the best give away their knowledge to enhance their own
Ask yourself what will you do when you’ve reached mastery in your craft? You have 2 choices: 1) teach 2) start over in a new craft from level one
Guys, great video but you need to change your background. The static image looks like something out of a video game. Please just film with a window in your office as the background.
Focus on lance mouth,
What he speaks is the most valuable thing you shud be looking at.💚
Nice takeaway 🤣
@@GLOBALBL Said great video but I am critiquing their background. Why you so sensitive?
@@Float_Locker Background is tacky af. Would look a bit more professional if they changed it
George, background is a video of the view from our office. If we filmed with the window behind lance it wouldn't look great. We use professional studio lighting with a green screen for best quality which then gets overlayed with the background. This is a standard thing for studios.
Nothing earth shattering here. If everyone knew how to find A trades consistently we’d all be rich. Tell us something new.
This shows the difference between listening and hearing.
If you had been listening in all lance videos by now you should ve picked up alot of A + setup ideas and make them your own.
We all want it so easy at our door steps , ve watched lance videos up to 30 times since July and all I can say is if only one can listen he can grab alot, but most importantly if only one can put in the work he will become alot 💚❤️
Why do you feel so entitled ?
@@GLOBALBL I have several issues with this video. First being his use of the word ‘bet’. Trading is not gambling. That mindset kills more traders than anything else. Semantics aside, the abcd premise is nuts. Trading requires an edge, and no matter what your particular edge is, every trade you take should be an ‘a’ trade. Period. If that trade is merely so-so, why the hell would you waste time or money on it? At the point you have found what you believe is an A trade, you scale in your allocation, whatever that amount is. Meaning you test the trade with maybe 20% of your $, then buy more as the trade proves successful. That way if it turns on you and triggers your trailing stop, you haven’t given back as much loss. By the time you have 100% of the allocation (which should never be more than 5% of your total account) in the trade, your trailing stop should be such that you break even (no loss) if it gets hit.
You appear too much it bugs, so am putting a thumb down!!!!!!!!!!!!!!!!! 👎