i agree with Doc! you have to find what strategy/setup makes sense to you the most and trade that. become an expert at it and make it work for you. makes perfect sense! ... way to go doc!
In short ,there is no precise formula to these things.l know of traders who risk all on full margin and make lots of money and have generated enough to venture into other businesses.
@@charliemcgrainhe doesn’t know what he’s talking about.. or his strategy really is to play against .01% of daily volume which i doubt is profitable LOL
@charliemcgrain he waits until buy stops are taken and then longs after. So after an old low is taken or after a major dump. And these moves usually happen the most during NY am session.
Thank you for the breakdown, your content keeps making it easier for me to understand how trading works in general. My question now is how can I approach the market at best if l'm still a newbie with no trading experience?
Open a demo account with any broker and start trading. Figure out what concept is suitable for your trades and then you can transition over to prop firms.
@HEDAMJOHNSON just got started with trading and I'm still developing my own trading strategies. how do I go about getting proper trading psychology ? so I can get to trade profitably.
Trading with ex perts helps beat uncertainty,emotions and also gives you proper trading psychology. Basically why I work with trading ex pert cooper to secure my financial spot while I learn and earn through the provided analysis.
Really great presentation. The most interesting part was around the 4 minute mark - I would have loved a good question on preparation in the Q&A. "In every performance field there is more time spent practicing and learning than actually performing" - Biggest golden nugget in the hour
great speech, but even if someone listen to this 5 times, he or she will not make money. Making money is a mindset, losing money and keep losing it is also a mindset- its a battle between you vs you ! minimum skills and practice are inevitably important else u will lose your kidneys but money wont come
To make the claim that he is the greatest psychological trader is pretty bold. Everyone knows Mark Douglas was the best and still is even after his passing.
@@shayneduncan6600 That was precisely how he was able to write both trading in the zone and disciplined trader. If he was a psychologist to begin with, he wouldn't even have those original perspective, and also the sincerity in communicating his fundamental truths of trading to the world. Stop being a hater
Optimization of performance is achieved through diversification. Because of this, I have focused my attention on market sectors including stocks, the EV industry, renewable energy, technology, and health that have strong performance and are expected to develop. You'll be astounded by how much may happen in a few short years if you continue to contribute on a regular basis. Here's to $1 million and to FIRE
For the average person, the strategies are challenging. They are primarily carried out successfully by professionals who possess a significant level of expertise and understanding to carry out such tasks.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
“LAURELYN GROSS POHLMEIER ’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I heard a lot of positive stuff about you and then I met this video. First video of yours i am watching... Totally hooked and I subscribed before I even finished watchng. Thanx you.
Thank you for sharing this, and all the other content you share, it helps me a lot. See, even though i cannot work full time, I can become a trader if I keep trying.
I think the most different between hedge funds and retail traders is that hedge funds play with other’s people money ( absolutely no emotion involved) and retail traders play with their own hard work earn money with 100% emotions. Emotions must cut from trading and everyone can be a winner 🎉
He talked in this video about risking real money AFTER putting in practise and rehearsals, gaining confidence. People just want to get rich overnight and they deservedly blow up
Great insights ! Dr. Brett Steenbarger mentioned about low volatility creating on average more reversals, is that because true momentum creates a sustained directional volatility and without it, stocks tend to reverse to the mean ?
I have been following the pronouncements made by Brett Steenbarger which never dissapoint because they are so regularly entertaining and freshly naive.😁
Thank you, Dr, for this valuable presentation! Lots of notes taken... i haven't entered any psych notes in my new publically-accessible trading journal, but I'm resuming that now. By doing so, I suspect that not only will it make me a more self-aware trader, but a more resilient one too.
I want to thank you so much, you really don't know how much help you contribute. You are doing an amazing job and I hope you really have a good life all the time. I lost a lot of money trading due to lack of knowledge and had no one to help me, but only to suck my motivation. I am very happy now because I never gave up. Thank you so much. GOD BLESSED YOU ALWAYS AND GIVE YOU ALL THE JOY AND FULL OF HAPPINNES😚
The challenge to people who actually make money in the market isnt whether or not they can sell for more than they buy, but can they buy enough at a low price....the hope is that the price will go down so you can buy more for less. They already understand the price will be driven up by the market due to the underlying financials (steady customer base year over year). Rather than speculating if the price will go up and getting out if it goes down, you need to understand that it will get more expensive to buy if there are more and more accounts receivable, a growing revenue base and fewer and fewer outstanding shares....
Psychology is the primary game in trading.Fear destroys your ability to execute the entries in your trading system.Greed destroys your ability to position size correctly.Self-doubt destroys your faith in yourself and your system.Your mindset determines your trading destiny.
Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
My CFA ’Amy Desiree Irish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Ryan Donald Robert. A widely known crypto consultant
I'm so excited, Ryan Donald, being mentioned here because his strategies have also normalized winning trades for me. and it's a huge milestone for me looking back to how it all started.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Claudia Jenkins.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Thanks for sharing such valuable information! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?
The $69,250 of two years ago buys about 20% less today, so Bitcoin at $69,230 today is worth 80% of a bitcoin two years ago. It would have to get to $50,000 to be equivalent. Bitcoin may or may not be inflation immune, but the dollar that it gets quoted in is not immune to inflation. Still a bargain below $45k, Get it while it's hot. If you missed the 2017, 2021 bull run.
Always kept an eye on crypto, hesitated due to its volatility despite being a long-term stock investor. Now that it's mainstream, I want in. How can a beginner navigate the crypto space with all this talk of a retrace? I don't want to buy the top.
You can start by dollar-cost averaging instead of buying a lump sum at once. Also, consult a fiduciary with crypto expertise for informed buying and selling decisions since talks of a bitcoin Etf approval. Time in the markets is more valuable than timing it. Using this approval, I grew up my crypto holdings from $100k in 2017 to $960k in 2023.
@@MakuoChukwu-gb2xcBravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Wright promptly do a web check where you can connect with her Addilyn Madris Ambrose and do your research with her full names mentioned..@@JohnBook-ko5qr
@@MakuoChukwu-gb2xcWell-done. Addilyn Madris Ambrose appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.
90% of hedge funds average 5% annual return which is way below the s&p, and 50% of hedge funds close after 5 years, so I don't get the idea that we should think and act as hedge funds, it's stupid to even compare the both since it's too different.
Developing talents involves spending more time in practice and learning than in actual performing. Think about how much time has spent on a basketball court. Know who you are making money from. Stop writing about how you shit your bed in your journals, start writing about your success. what did I do this week that was really good and how can I keep doing it ?
I was in profit so I thought I could risk more but the DD was 2%. I was in profit 4% so I thought I could risk max 4% since I was 4% in profit then the firm locked my account. Is ok round two..
SMB Inside Access Just Launched: bit.ly/49QoVgy
SMB Trading Workshop (Learn 3 Trading Setups): bit.ly/3QiD9Qp
Dr. Brett Steenbarger's Blog: bit.ly/traderfeed
q1qq1q1qq11q11q11111q,😅😅
ผมเทรนข้ามคืน2คืนแต่มันกลับย้นไป1ปีที่แล้ว
The emphasis on mentorship and practice over just jumping into the market is spot on. It's not about luck; it's about strategy and discipline. 💪
100%
I can feel the success in my veins.
i agree with Doc! you have to find what strategy/setup makes sense to you the most and trade that. become an expert at it and make it work for you. makes perfect sense! ... way to go doc!
I have learned that Successful Traders have biggest temperament of Patience
True
Let the market come to you.
I am impatient but profitable. I feel there needs to be a balance of patient and impatient. It can be powerful combining the two.
@@Djrvtho990 Its easy to be impatient but hard to be patient
In short ,there is no precise formula to these things.l know of traders who risk all on full margin and make lots of money and have generated enough to venture into other businesses.
Just understanding that the right energy in your life is one gem I get from this guy
I have been needing a lesson like this for over a decade now. Better late than never.
Very true
My favorite trades are longs into retail shorts stopping out. My best trades are within the first 15 minutes after the open.
Can you be more specific? At what point do you think retail shorts are stopping out?
@@charliemcgrainhe doesn’t know what he’s talking about.. or his strategy really is to play against .01% of daily volume which i doubt is profitable LOL
@charliemcgrain he waits until buy stops are taken and then longs after. So after an old low is taken or after a major dump. And these moves usually happen the most during NY am session.
Outstanding speaker. Loved the part that said study oneself. You are already the person you’re going to become
Outstanding
Thank you for the breakdown, your content keeps making it easier for me to understand how trading works in general. My question now is how can I approach the market at best if l'm still a newbie with no trading experience?
Open a demo account with any broker and start trading. Figure out what concept is suitable for your trades and then you can transition over to prop firms.
Spend a couple of months to fully understand the basic of the market
@HEDAMJOHNSON just got started with trading and I'm still developing my own trading strategies. how do I go about getting proper trading psychology ? so I can get to trade profitably.
Trading with ex perts helps beat uncertainty,emotions and also gives you proper trading psychology. Basically why I work with trading ex pert cooper to secure my financial spot while I learn and earn through the provided analysis.
Don't enter into trading thinking it'll make you quick rich. You need to be ready to lose because if you don't lose you just might never get to win
Really great presentation. The most interesting part was around the 4 minute mark - I would have loved a good question on preparation in the Q&A. "In every performance field there is more time spent practicing and learning than actually performing" - Biggest golden nugget in the hour
Dr Brett is a legend in this field!
Thank You Dr. Breet and SMB Capital.
great speech, but even if someone listen to this 5 times, he or she will not make money. Making money is a mindset, losing money and keep losing it is also a mindset- its a battle between you vs you ! minimum skills and practice are inevitably important else u will lose your kidneys but money wont come
Как всё отлично пояснено, для меня на данный момент - это лучшая связка, всё детально и по делу. Благодарю
Thank you for this valuable lecture SMB & thank you dr. Brett ❤
To make the claim that he is the greatest psychological trader is pretty bold. Everyone knows Mark Douglas was the best and still is even after his passing.
Mark Douglas laid the foundation and everyone builds on top. Dr. S is one of the best if not the best builder. 😊
Mark Douglas wasn't even a psychologist. He just wrote a book that sold well.
@@shayneduncan6600 That was precisely how he was able to write both trading in the zone and disciplined trader. If he was a psychologist to begin with, he wouldn't even have those original perspective, and also the sincerity in communicating his fundamental truths of trading to the world. Stop being a hater
Finally someone recognized Mark Douglas, he's underrated and his the only one you need to win in this game
Какой у вас талант, вы находите такие связки командой? это очень серьезный труд, спасибо вам. Дай Бог Вам Здоровья!
Optimization of performance is achieved through diversification. Because of this, I have focused my attention on market sectors including stocks, the EV industry, renewable energy, technology, and health that have strong performance and are expected to develop. You'll be astounded by how much may happen in a few short years if you continue to contribute on a regular basis. Here's to $1 million and to FIRE
For the average person, the strategies are challenging. They are primarily carried out successfully by professionals who possess a significant level of expertise and understanding to carry out such tasks.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
How can I engage in this? I truly want to have a stable financial future and am willing to contribute. Who is fueling your success?
“LAURELYN GROSS POHLMEIER ’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I appreciate the lead. I did some research on her and emailed her. I'm hoping she responds to me quickly.
I heard a lot of positive stuff about you and then I met this video. First video of yours i am watching... Totally hooked and I subscribed before I even finished watchng. Thanx you.
Hooked
Thank you for sharing this, and all the other content you share, it helps me a lot. See, even though i cannot work full time, I can become a trader if I keep trying.
I think the most different between hedge funds and retail traders is that hedge funds play with other’s people money ( absolutely no emotion involved) and retail traders play with their own hard work earn money with 100% emotions.
Emotions must cut from trading and everyone can be a winner 🎉
He talked in this video about risking real money AFTER putting in practise and rehearsals, gaining confidence. People just want to get rich overnight and they deservedly blow up
Possibly the most valuable content you’ve posted. A+
Love his positivity and outlook. 😊
Absolute gem, thank you for sharing.
Facts
Thank you SMB capital for giving this out freely on youtube!
Great insights ! Dr. Brett Steenbarger mentioned about low volatility creating on average more reversals, is that because true momentum creates a sustained directional volatility and without it, stocks tend to reverse to the mean ?
Попробовал - работает. Благодарю за подсказки.
I have been following the pronouncements made by Brett Steenbarger which never dissapoint because they are so regularly entertaining and freshly naive.😁
Nice words at the ending. Truly inspiring. Thank you
Thank you Dr Steenbarger and SMB
И снова классная связка, каждый раз радуете все сильнее и сильнее
Thank you, Dr, for this valuable presentation! Lots of notes taken... i haven't entered any psych notes in my new publically-accessible trading journal, but I'm resuming that now. By doing so, I suspect that not only will it make me a more self-aware trader, but a more resilient one too.
Thanks for sharing! Was worried this one was going private after watching half of it yesterday. Awesome content as always
Thankyou for this great lecture 🎉
Thank you Mike for sharing. This is so valuable for traders.
The goat of trading psychology
Big facts
Thank you so much for this educational video.
Facts
I want to thank you so much, you really don't know how much help you contribute. You are doing an amazing job and I hope you really have a good life all the time. I lost a lot of money trading due to lack of knowledge and had no one to help me, but only to suck my motivation. I am very happy now because I never gave up. Thank you so much. GOD BLESSED YOU ALWAYS AND GIVE YOU ALL THE JOY AND FULL OF HAPPINNES😚
The challenge to people who actually make money in the market isnt whether or not they can sell for more than they buy, but can they buy enough at a low price....the hope is that the price will go down so you can buy more for less. They already understand the price will be driven up by the market due to the underlying financials (steady customer base year over year). Rather than speculating if the price will go up and getting out if it goes down, you need to understand that it will get more expensive to buy if there are more and more accounts receivable, a growing revenue base and fewer and fewer outstanding shares....
Fantastic lecture. Thank you for sharing
Understand this change your life
Very inspiring, and so many truths shared there. Thanks for posting!
Facts
Psychology is the primary game in trading.Fear destroys your ability to execute the entries in your trading system.Greed destroys your ability to position size correctly.Self-doubt destroys your faith in yourself and your system.Your mindset determines your trading destiny.
Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
My CFA ’Amy Desiree Irish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
I watched this 2x. Great information, especially when he discusses the hedge funds. Would like to see him in person
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Ryan Donald Robert. A widely known crypto consultant
I've come across this name before, is he really reliable?
I'm so excited, Ryan Donald, being mentioned here because his strategies have also normalized winning trades for me. and it's a huge milestone for me looking back to how it all started.
Finest channel for pro traders ❤ #SMB
Facts
Good to hear you sir.
May I know what will be ideal chart time frame we can use for scalping.
1 , 3 and 5
more screens = more money
always more!
not one bit of truth in that
I could use more screens to keep an eye on changes to the macro, in real time.
When people ask why I have four screens on my desk, I respond "because I can't fit 6"
this is wrong assumpion
Great seminar!
The best
A very enriching video 💙
Very
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Claudia Jenkins.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Claudia Jenkins too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
Its crazy how traders can have all the knowledge in the world but them as individuals can't improve themselves
Facts
Important part ofit
This is Awesome training! Very much appreciated!
Thanks as always for the great content.
Thanks for sharing such valuable information! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?
So if people learn from mentoring, there had to be someone elite who started the ball rolling! Therefore, you can learn yourself it just takes longer.
All the information is in these videos
Great stuff, thank you guys
Very good video, thanks!
The best
The $69,250 of two years ago buys about 20% less today, so Bitcoin at $69,230 today is worth 80% of a bitcoin two years ago. It would have to get to $50,000 to be equivalent. Bitcoin may or may not be inflation immune, but the dollar that it gets quoted in is not immune to inflation. Still a bargain below $45k, Get it while it's hot. If you missed the 2017, 2021 bull run.
Always kept an eye on crypto, hesitated due to its volatility despite being a long-term stock investor. Now that it's mainstream, I want in. How can a beginner navigate the crypto space with all this talk of a retrace? I don't want to buy the top.
You can start by dollar-cost averaging instead of buying a lump sum at once. Also, consult a fiduciary with crypto expertise for informed buying and selling decisions since talks of a bitcoin Etf approval. Time in the markets is more valuable than timing it. Using this approval, I grew up my crypto holdings from $100k in 2017 to $960k in 2023.
@@MakuoChukwu-gb2xcBravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Wright promptly do a web check where you can connect with her Addilyn Madris Ambrose and do your research with her full names mentioned..@@JohnBook-ko5qr
@@MakuoChukwu-gb2xcWell-done. Addilyn Madris Ambrose appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.
I don’t know how by giving lecture one’s psychology is getting built. I feel its all about being practical
Been waiting for this long time, Than you for sharing!
Facts
What is tracking arval? what is arval?(assuming I’m spelling it right) !
Rvol is Relative volume
i've been searching for a group or community to exchange and trade together, anyone knows such place ?
Me too, I'm in SC
@@vatskytube Sc ?
@@vatskytube SC ?
Nice share. His book had a major impact on my approach toward markets many, many years ago.
Mines too
90% of hedge funds average 5% annual return which is way below the s&p, and 50% of hedge funds close after 5 years, so I don't get the idea that we should think and act as hedge funds, it's stupid to even compare the both since it's too different.
Thanks you gareth for your sacrifice as well
do you guys offer online courses and do you guys take VA?
Amazing video and content 🎉🔥
Thank you 🙌
Thank you for the content
you are welcome!
Thank you so very much
❤
I am that guy who had a short course life as a trader but I've realised and gotten attracted back to it, learned my mistake. See you on the other side
Great coaching - thanks!
Mindset > Trading Strategy. Every time.
Golden rule
thank you for sharing this
Developing talents involves spending more time in practice and learning than in actual performing.
Think about how much time has spent on a basketball court.
Know who you are making money from.
Stop writing about how you shit your bed in your journals, start writing about your success. what did I do this week that was really good and how can I keep doing it ?
Thank you 🙏🏻
Great content as always.
Is that Lance? Is he at SMB now? :o
Yes, Lance works with us and the traders
Best bundle ever
Nice speech
This is pure Gold
World view, idea generator, and gatekeeping --keep it simple.
I was in profit so I thought I could risk more but the DD was 2%. I was in profit 4% so I thought I could risk max 4% since I was 4% in profit then the firm locked my account. Is ok round two..
Where and when are these SMB capital meetups/confrences??
We will do an annual one in NYC and now that we have a Miami office we’d like to host more down there as well.
благодаря тебе начал пользоваться Байбитом)
Автору, ведущему, команде Респект
I wanna be a member of this elite traders in your firm
YES we are TRADERS
Thank you bro.
Gold
Pure
Самые крутые связки
14:28 / 30:31
It's very helpful
Life changing
Автору респект, связка рабочая.
helpful video
Thank you
@SMB Read your bio, seems you only deal in day trading equities. Why not forex, i am very good at it
Yeah…the video is back up again
Best video.....
You can use GPT or Claude to divine insights from your trades.