I read in August 2018, your book The PlayBook, and from August I created my own PlayBook, with the best setups for Swing Trading, after I followed your SMB videos. From going nowhere I gain confidence, conviction, peace, patience, discipline. and after 4 moths of sistematically PlayBook practice & exercise, Trading only what is in the PlayBook, I have a Positive growing curve. Sharing with us your experience is something AMAZING. THANK YOU!
This is truly a golden nugget. Everyone talks about how discipline and focus will help you find good trades. But when you are in a trade, that's when the emotional shit hits the fan.
Those live examples are gold! So helpful just to hear some of these conversations! (Even if they were raw, uncut, and posted only with a title, w/o the explanations). Thank you!
1. What's the RVOL? 2. Is there a catalsyst? 3. What's the ATR? 4. Are we at/near/below/above any longer term levels? 5. Is this one of my playbook trades? 6. What are the best levels to trade against? 7. What is my stop? 8. Where are my targets? 9. Where can I add to this position if.when it begins to work? I added: 10. Is this a former runner?
i found the insight very informative. i really enjoyed listening to what Prop traders ask themselves while they are trading. Thank you everyone at SMB Capital for sharing.
This is a very important step and crucial to improving. I firmly believe that this is going to improve my trading. Thank you for all you are doing there at SMBU to help traders
Great video, this is something I have recently started doing and it has already identified a few management rules which I have in my trading plan but I simply wasn't following them. I watch your videos all the time and in fact, I read your book once good trade about 4 years ago and it inspired me to move across to day trading.
Great video as always. Can you guys make little video about support and resistance levels. What you looking for and how you identify key levels on chart. You can do video about scanner you use. I think it will help some people a lot. I use Trade Idea scanners for last 2 years. They are really good. Would like to know if there is something better than that.
For the RVOL I use TradeStation, and the way that I have my watchlists set up I use VOLAVG. Using just the current intra-day volume next to the VOLAvg, basically just doing the comparison in my head at a glance. When looking to add RVOL to my chart to see if I feel a difference the only Indicator for my chart I could find close to that was Volume Rate of Change. Do you know if this would offer me the same data?
The more of these videos I watch, the more I realize how much I don't know.
I read in August 2018, your book The PlayBook, and from August I created my own PlayBook, with the best setups for Swing Trading, after I followed your SMB videos. From going nowhere I gain confidence, conviction, peace, patience, discipline. and after 4 moths of sistematically PlayBook practice & exercise, Trading only what is in the PlayBook, I have a Positive growing curve. Sharing with us your experience is something AMAZING. THANK YOU!
Love the progress from you Daniel! Well done!
This is truly a golden nugget. Everyone talks about how discipline and focus will help you find good trades. But when you are in a trade, that's when the emotional shit hits the fan.
the idea is to build systems to ensure good decision-making and not leaving anything up to discipline.
Every single SMB video is full of great advice
This is really good constructive feedback you can give yourself for every trade!
Those live examples are gold! So helpful just to hear some of these conversations! (Even if they were raw, uncut, and posted only with a title, w/o the explanations). Thank you!
Glad it helped Simeon.
1. What's the RVOL?
2. Is there a catalsyst?
3. What's the ATR?
4. Are we at/near/below/above any longer term levels?
5. Is this one of my playbook trades?
6. What are the best levels to trade against?
7. What is my stop?
8. Where are my targets?
9. Where can I add to this position if.when it begins to work?
I added:
10. Is this a former runner?
terrific questions Blake
Thank you Mike for all you do to help the trading community! I gain insight an wisdom with every video from you and the SMB team. Priceless!!
you are welcome Jim!
Thank you all in SMB for the effort - very clear
i found the insight very informative. i really enjoyed listening to what Prop traders ask themselves while they are trading. Thank you everyone at SMB Capital for sharing.
gr8 to hear.
This is a very important step and crucial to improving. I firmly believe that this is going to improve my trading. Thank you for all you are doing there at SMBU to help traders
you are welcome Brent!
This is gold. It helped me to modify my checklist, thanks for sharing it!
glad it helped
Great content, really helpful as are all your other videos. Thanks
When you cant control whats happening, challenge yourself to control the way you respond to whats happening. That is where the power truely is!
thxs for sharing
Love this channel, thanks for sharing this important information,insight . Very generous.👍
Great video, this is something I have recently started doing and it has already identified a few management rules which I have in my trading plan but I simply wasn't following them. I watch your videos all the time and in fact, I read your book once good trade about 4 years ago and it inspired me to move across to day trading.
Glad you are identifying things that you should be doing better!
Great video as always. Can you guys make little video about support and resistance levels. What you looking for and how you identify key levels on chart. You can do video about scanner you use. I think it will help some people a lot. I use Trade Idea scanners for last 2 years. They are really good. Would like to know if there is something better than that.
Steve Spencer videos do this often so check him out. Thxs for the suggestion Eugene.
Thanks for sharing your great videos Very informative information..
thanks
you bet
Great video. I've made some changes to my trading plan. Would love a follow up video regarding questions whilst in a trade.
Thxs for sharing and the suggestion Bevan
Very informative. Thanks for sharing. I've never had a list of questions while in a trade. I will definitely develop some.
What would be examples of a kill candle? Thank you so much for your time
Thanks Say about binary options
For the RVOL I use TradeStation, and the way that I have my watchlists set up I use VOLAVG. Using just the current intra-day volume next to the VOLAvg, basically just doing the comparison in my head at a glance. When looking to add RVOL to my chart to see if I feel a difference the only Indicator for my chart I could find close to that was Volume Rate of Change. Do you know if this would offer me the same data?
I like the idea of you adding RVOL here and seeing the difference for you Carson
Thumbs up
thank you
please mention the summury in the description also somtimes its hard to watch whole video due to time insufficiency
Do you want him to execute the trades for you also??
Gold
watching this while i'm long $BIG
I signed up for Trader DNA today. I recommend everyone else does the same 👍🏻
Terrific! Train well!