Loving the enthusiasm and super clear and articulate feedback Lance and Bella give in this video. Can't believe these educational videos are free on UA-cam! It's gold, thank you for sharing with us! =)
Up until now, I felt like I didn't have a clear enough framework for the quality of a playbook and this video breaks that down along with key insights from Bella, Lance and Nathan! Appreciate this video!
Great discussion Gents and trade to the student. I liked Lance's comments using terms like "slope" and "expected value changing" in key parts of the trade once the underlyings moved. Good work everyone and thanks. Kirby
Great information. The most important takeaway for me was the comment on FOMO at 31:25. I've been caught more than once being anxious, trying to catch the turn, and not waiting for it to happen. Ideally, I would like to commit to a trade strategy, then configure a BOT to execute the strategy and take my emotions and 2nd guessing out of the equation in the moment.
Here's a script to alert to a setup like that, NG "NATURAL GAS" (above 5-Year highs) & (2%< greater close), above the 20-day 2nd Standard Deviation high on the Daily Bolonger Band. The 20-day moving average 30< degrees angle)). That should alert someone to this style of over-extension trade.
Great self-critique from this trader. You can really tell the difference when someone is interested in learning vs being defensive about their performance.
I enjoyed hearing Lance' perspective here, especially concerning the importance of scoring yourself on your potential, not entirely by the result of the trade even if profitable.
thankyou! - only want to be shorting something that has a blow off move - blow off days might 2x the volume of prior day - intraday and daily line up - the v with the highest volume coming in, the break of the trend line and confirmation - be okay with missing a move if it doesn't setup your way
Great video. Also just fyi, KOLD is 2x leveraged (not triple) and the inverse of that is BOIL (Proshares 2x bull). ComETFs can be confusing af and gotta watch out for the illiquid ones
This was so instructfull to me that I wrote to my trader partner and to him to watch it and put himself in Nathan's shoes. As though we were being "interviewed" about some our recent trades.😮 Thanks for the work you and Lance do for us "grinding " traders.
yes we could probably do something on this. One method we have been using is OBS (free to download). You can select what part of your screen you want recorded and can also privately stream to your UA-cam channel where it's automatically archived. Probably something we can cover in a future video. this method is great for auto archiving videos.
Yes OBS is great and free. I put a face cam on mine so I can literally see how I looked while trading. Did I look anxious and figgety or was I focused and in the zone type of thing.
This was a great video. Thanks for sharing this. If I would be in the US I would really trying to enter your firm. I am also a reversal trader. And I know how important it is to include all this overall stuff like daily, weekly and fundamentals maybe too.. But my problem is, while watching only for intraday setups there are only a few good possibilities. If I would start incuding daily, weekly and so on too, the possible trades would decrease to... I don't know... maybe one a months? How will you ever get a trade selection with a couple hundred trades? This is why I often focus only on the intraday chart.
This is really good! I think the format is fn-great! If this is what it's like in the program you offered through email invite a couple of weeks ago, you have piqued my interest. I would like to see more like this. I honestly, don't thinks I could handle that level of feedback. Not a problem intellectually; totally get it. Emotionally, that would've been a hard grind. Kind of, actually, was. It was stated at the beginning that there were 10 factors. I was keeping a 'loose' running average of the scores, and figured he'd just edged out a 'winning' score. I was floored when the score wasn't even 70! Then, in the final analysis, two of the factors weren't even present. I thought," OK. That explains it. [tik,tik,tik] Wait! I missed two things?? Sh!t !! " I felt bad, for a 'minit'. It stung. Watching this gave me a glimpse of what you're looking for in a trader, and how you measure success/progress, and weighting. Really helps me in assessing {commitment level req'd v my willingness to commit} to be a trader for primary income. This added another dimension to the trade breakdown videos.
we expect a lot from the new traders for sure. This is a tough business but we want them all to succeed so the detail required is necessary if they want to perform
The invite email was an infomercial to purchase courses(DNA Win Trader Reading the tape & access etc..) you already purchased. I inquired about this and receive no answer.
Hi.. I want to make a suggestion.. Instead of paying for Netflix...would be possible for you guys to make a video series of newcomer traders to become big money earners.. I would easily pay a monthly subscription 😊💯 A camera following this traders from the screen to the conference room..tactics they use and all the ups and downs.. I believe that would help us a lot and you may make retail millionaires too.. Just a thought 💭 BTW I am very grateful of your work and what you are giving us!
WOW great info here. It appears I have no idea of what it takes to do this and be profetible . I feel I should quit before I start. Never thought you'd have to get this deep in the woods to be profitable. (recording video)
SMB Workshop: bit.ly/3sZRdT6
Give me a chance mike
Loving the enthusiasm and super clear and articulate feedback Lance and Bella give in this video. Can't believe these educational videos are free on UA-cam! It's gold, thank you for sharing with us! =)
Glad you enjoyed it!
Up until now, I felt like I didn't have a clear enough framework for the quality of a playbook and this video breaks that down along with key insights from Bella, Lance and Nathan! Appreciate this video!
Glad it helped!
Lance is just an amazing teacher ❤. Soft spoken and very clear. Never says 1 unnecessary word. Super.
Wow what an opportunity, it must be incredible to be surrounded by so much talent. looking forward to the rest of the video, thanks for sharing.
thank you!
Great discussion Gents and trade to the student. I liked Lance's comments using terms like "slope" and "expected value changing" in key parts of the trade once the underlyings moved. Good work everyone and thanks. Kirby
thx Kirby!
Hugely helpful video. The quality of content from this channel is incredible.
Great information. The most important takeaway for me was the comment on FOMO at 31:25. I've been caught more than once being anxious, trying to catch the turn, and not waiting for it to happen. Ideally, I would like to commit to a trade strategy, then configure a BOT to execute the strategy and take my emotions and 2nd guessing out of the equation in the moment.
Here's a script to alert to a setup like that,
NG "NATURAL GAS"
(above 5-Year highs) & (2%< greater close), above the 20-day 2nd Standard Deviation high on the Daily Bolonger Band. The 20-day moving average 30< degrees angle)).
That should alert someone to this style of over-extension trade.
Such a great material. Congrats guys and thank you so much for sharing it!!!!
These videos are absolute gold, I am so ADD that this really puts things in order for me. I hope to find more of these trade review videos. Thank you
Great self-critique from this trader. You can really tell the difference when someone is interested in learning vs being defensive about their performance.
I enjoyed hearing Lance' perspective here, especially concerning the importance of scoring yourself on your potential, not entirely by the result of the trade even if profitable.
scoring yourself based on the process rather than the outcome
His self evaluation if genuine is truly key to his growth. The forest for the trees parable for sure.
thankyou!
- only want to be shorting something that has a blow off move
- blow off days might 2x the volume of prior day
- intraday and daily line up
- the v with the highest volume coming in, the break of the trend line and confirmation
- be okay with missing a move if it doesn't setup your way
Thanks for the channel! 🙏🏼🙌🏼
you are welcome Kevin!
I love you guys for doing this. It was very helpful. I thank you guys for sharing this video
thx for watching Pat!
Great video. Also just fyi, KOLD is 2x leveraged (not triple) and the inverse of that is BOIL (Proshares 2x bull). ComETFs can be confusing af and gotta watch out for the illiquid ones
Can You train me to recognize Volume Changes like These ?
How find broken slt machine
Thanks.
Appreciate this!
awesome!
Cool Trading assessment strategy when it comes to scoring traders
Thanks
I love hearing from traders like this fellow
This was so instructfull to me that I wrote to my trader partner and to him to watch it and put himself in Nathan's shoes. As though we were being "interviewed" about some our recent trades.😮
Thanks for the work you and Lance do for us "grinding " traders.
Instructfull? Lol. You mean informative.
@@finanzferdinand9874 Thanks professor, you've added a lot to the topic.
@@dubbya57 Poor grammar makes you look likes a spaz and makes a mockery of the comments section.
OK so I'm pretty convicted about recording tape now.
Excellent review and excellent feedback.
thx Carlos!
Can u do a video or short on what software u use to record your screen.
yes we could probably do something on this. One method we have been using is OBS (free to download). You can select what part of your screen you want recorded and can also privately stream to your UA-cam channel where it's automatically archived. Probably something we can cover in a future video. this method is great for auto archiving videos.
Yes OBS is great and free. I put a face cam on mine so I can literally see how I looked while trading. Did I look anxious and figgety or was I focused and in the zone type of thing.
This was a great video. Thanks for sharing this. If I would be in the US I would really trying to enter your firm. I am also a reversal trader. And I know how important it is to include all this overall stuff like daily, weekly and fundamentals maybe too.. But my problem is, while watching only for intraday setups there are only a few good possibilities. If I would start incuding daily, weekly and so on too, the possible trades would decrease to... I don't know... maybe one a months? How will you ever get a trade selection with a couple hundred trades? This is why I often focus only on the intraday chart.
How long has this senior intern been training with you guys. We didn't really get a defined timeline of his experience as a trader
Nathan has been here for about 2 years (started as a sophomore)
This is really good! I think the format is fn-great! If this is what it's like in the program you offered through email invite a couple of weeks ago, you have piqued my interest. I would like to see more like this. I honestly, don't thinks I could handle that level of feedback. Not a problem intellectually; totally get it. Emotionally, that would've been a hard grind. Kind of, actually, was. It was stated at the beginning that there were 10 factors. I was keeping a 'loose' running average of the scores, and figured he'd just edged out a 'winning' score. I was floored when the score wasn't even 70! Then, in the final analysis, two of the factors weren't even present. I thought," OK. That explains it. [tik,tik,tik] Wait! I missed two things?? Sh!t !! " I felt bad, for a 'minit'. It stung. Watching this gave me a glimpse of what you're looking for in a trader, and how you measure success/progress, and weighting. Really helps me in assessing {commitment level req'd v my willingness to commit} to be a trader for primary income. This added another dimension to the trade breakdown videos.
we expect a lot from the new traders for sure. This is a tough business but we want them all to succeed so the detail required is necessary if they want to perform
The invite email was an infomercial to purchase courses(DNA Win Trader Reading the tape & access etc..) you already purchased. I inquired about this and receive no answer.
This could be applied to a micro trime frame at major levels ? something to go vet and take some screenshots
Hi..
I want to make a suggestion..
Instead of paying for Netflix...would be possible for you guys to make a video series of newcomer traders to become big money earners.. I would easily pay a monthly subscription 😊💯
A camera following this traders from the screen to the conference room..tactics they use and all the ups and downs..
I believe that would help us a lot and you may make retail millionaires too..
Just a thought 💭
BTW I am very grateful of your work and what you are giving us!
Managing money in this life is on an individual basis; nuances are at every direction.
Any other info on how he got the internship? I’m not going to stop doing whatever I possibly can to get on this team.
smbcap.com/careers don't think we are currently hiring up that's the place to check if there are openings
WOW great info here. It appears I have no idea of what it takes to do this and be profetible . I feel I should quit before I start. Never thought you'd have to get this deep in the woods to be profitable. (recording video)
I think the way these gentlemen great talent is unbelievable. This is how you find championship-caliber talent
Great video
Thanks!
How is this trader doing now?
Big Time
Hey Mike will yall give me a chance and hire me please
have you applied through our careers page yet? smbcap.com/careers
I like this new Trainer, he comes across as a Mark Zuckerberg of trading!
I would love to learn from a guy like him!
Still taking interns?
we have summer closed off but in a few months will likely start looking for others later this year
I disagree with him when he says he listens to what CNBC tells him lol when CNBC predicts something that’s an indication to do that opposite 😂
this is happened today with /NG interesting. going to definitely look to short UNG into tomorrow.
"Being involved with SMB has made me the trader that I am today"
#eatsleeptrade📊