8-Figure Trader Dissects The Lessons & Opportunities of 2024!

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  • Опубліковано 2 січ 2025

КОМЕНТАРІ • 105

  • @TMinh956
    @TMinh956 2 дні тому +6

    32:37 I have never seen a trader so open and humble about their trading like you Lance. Massive respect!

  • @andrewenrique5503
    @andrewenrique5503 2 дні тому +5

    Lance, I cannot express in words my gratitude for the value you provide to the community, the real traders, the passionate ones, the crazy ones. Thank you so much! I hope you have a wonderful 2025 and many many wonderful years to come

    • @TheOneLanceB
      @TheOneLanceB  День тому

      My pleasure, appreciate the kind words!

  • @financialtrader3435
    @financialtrader3435 3 дні тому +7

    Lance, Lance, Lance.... wow man you are back!
    You just dont know how much you have influenced countless people.
    Please keep doing it Lance! Lots of love Lance

  • @AaryyanVivek
    @AaryyanVivek День тому

    Thank you so much for the video!
    Its very helful

  • @NicoleYorke
    @NicoleYorke 2 дні тому

    Thank you Lance! Your process on the recap is insightful in many ways. A spectacular 2025 to you.

  • @steveleahy796
    @steveleahy796 2 дні тому

    Thank you for taking the time to make this recap. Thank you for blasting the haters too!

  • @vitovaupotic3736
    @vitovaupotic3736 3 дні тому +2

    Thank you for the vid, learned a lot.
    I agree that as a trader you should focus on progress you have made in the past year, rather than focus on what you have not achieved yet.
    Grateful for what market has done for me, even if i am not profitable yet, i am 100% better or improved version of myself, than i was a year ago.
    Step by step.

  • @paulojustinianookubo
    @paulojustinianookubo 3 дні тому +3

    Great video. I am Flat on the year basically and all it has to do with me holding trades for too long, letting profits go to losses and moving stops loss too fast.

    • @zanderdogz7123
      @zanderdogz7123 3 дні тому +1

      You should look at your last 50 trades and calculate what the outcome would be if you just applied Lance's prior bar low exit system to all of them. It was eye opening to me how much I was overmanaging trades while still underperforming a basic mechanical system.

    • @fahadm2852
      @fahadm2852 3 дні тому

      Basically your with the top 5%

  • @bobchristian2952
    @bobchristian2952 День тому +1

    I have got to say, REALLY APPRECIATE you sharing your losses...somehow it makes me feel less stupid. Looking forward to Magnum Opus.

  • @pennywakeling5875
    @pennywakeling5875 День тому

    Thanks Lance, awesomely informative video as usual. Wishing you all the best for 2025!

  • @mariodimitroff5343
    @mariodimitroff5343 3 дні тому +1

    Thanks for a very comprehensive video. Happy new year brother! I've had the best trading year of my career so far, with people such as you sharing free knowledge I am sure I can do even better ! Thank you again and sending love and greetings from Bulgaria.

  • @yash_s1
    @yash_s1 2 дні тому

    Lance - this was awesome, thank you. Signed up for Magnum Opus and am super excited to get started soon - wish you a very happy new year!

  • @se6661
    @se6661 3 дні тому +2

    Thanks. Happy new year in advance.

  • @toytechtrader
    @toytechtrader День тому

    Really enjoyed that, nice recap of the year, I was apart of many of those trades so it resonated. Shorting is something I'd like to improve for next year. Are you selling naked calls as your shorting strategy? Do you have a video on that?

  • @superhorst1059
    @superhorst1059 День тому

    Thanks for sharing your thoughts, Lance! I always learn something from your video/twitter posts.
    Also, not trying to be picky, but can you make your video 1080P next time

  • @ChristopherHill_
    @ChristopherHill_ 2 дні тому

    Thank you so much Lance! I was doing my yearly review while listening to you!

  • @b612trading
    @b612trading День тому

    Great video as always. Thanks a lot for the time you take to share your knowledge. Have a great year!

  • @grltrader
    @grltrader 3 дні тому

    Thank you Lance , I’ve been reading Atomic Habits and slowly revising things in my life to prepare for January 25th. The video is helpful and a reminder for me to persist in developing my business and good systems and processes. The big take away for me is the role preparedness and a well honed system has done to enable you to strike for those big opportunities. Appreciate your time! Happy New Year and cheers.. 🥂 Looking forward to Magnum Opus Elite in January

  • @SPTX806
    @SPTX806 3 дні тому +1

    Great stuff as always Lance 🙏

  • @anant876
    @anant876 2 дні тому

    Very informative and Helpful, Thank you Lance. Wish you a Good Year Ahead.

  • @TraderJoe31415
    @TraderJoe31415 2 дні тому

    I wish you had a full course for us new traders. You are one of the few I would buy a course from.

    • @TheOneLanceB
      @TheOneLanceB  2 дні тому +2

      Coming out in 3 weeks! Free and a paid version. Www.theonelanceb.com

  • @WalerWit
    @WalerWit 2 дні тому +1

    Hey lance I wanted to ask you if you can talk about or show us how your DRC looks like, where do you journal things, whats your planning and routine before/after trading and those out of the charts type of stuff that any trader has to do, thanks very insightful stuff you post as always!

    • @TheOneLanceB
      @TheOneLanceB  2 дні тому

      All covered already, just search Google!

  • @niket62
    @niket62 День тому

    Awesome Video Lance

  • @tobiashernandez1515
    @tobiashernandez1515 3 дні тому +1

    Good stuff here ,thank you taking time and sharing some of your thoughts these plays .

  • @WhoisAntho
    @WhoisAntho 22 години тому

    You mentioned how you adapted your trading style to focus on 'big ops' and swing trades in 2024. For newer traders building their Playbook, what specific steps would you recommend for developing a system to identify and capitalize on A+ setups like the SMCI and Bitcoin trades you highlighted?

  • @sphinxy_phoenix
    @sphinxy_phoenix 3 дні тому

    Thanks as always! This share is broadening my awareness of and comfort with deference to the daily timeframe and trailing stops. Super appreciated!

  • @james-th5hd
    @james-th5hd 2 дні тому

    What a year, what a way to end to end the year.
    33:52 Lance casually mentions a 7-figure loss and I'm here shivering on his behalf😂😂... God please help me as we step into the new year to put in the work and keep sticking to the process so that I may reach my days of vacation trading 😅😅 ofcourse, making 7-figure on a vacation would surely be better than losing anything at all.
    By the way Lance, I think one thing people would be interested in knowing is how it feels like moving into cold markets after such hot trending year like 2024... Does it feel like a withdrawal, where you almost can't stand the fact that action is so low and there's no way to make it better because it's not from a personal standpoint?
    How do you deal with it?
    Or is it something you'd consider a farce due to playbooks that should/could cover any form of market?
    I'm asking because we all know the "swing the bat hard when in play and score base hits when slow", but it's not been elaborately spoken of on how it feels to go from constantly swinging hard to barely making a move in the twinkle of an eye.
    Please help🙏

    • @TheOneLanceB
      @TheOneLanceB  День тому

      Def takes an adjustment period and awareness that many can struggle with… weekly and monthly reviews help one adapt.

    • @james-th5hd
      @james-th5hd День тому

      @@TheOneLanceB Thanks and happy new year

  • @realpristinecap
    @realpristinecap День тому

    Great video Lance!

  • @kaizenborntowin
    @kaizenborntowin 2 дні тому +1

    Thank you!

  • @traderstevo9553
    @traderstevo9553 День тому

    Lance you are the FURU King. Just joking legend. Thanks so much for the help this year and what you are doing for us mere mortals - you're doing gods work. All the best for 2025 and the launch of MO!

  • @BusterFreak111
    @BusterFreak111 10 годин тому

    Any tips or ideas how I can find a trading pod? I’m on Twitter and such but haven’t really found anyone or know if anyone else is even teaming up like that. Minus some of the paid groups like investors underground

  • @Gurrii-z2r
    @Gurrii-z2r 3 дні тому

    WoW what an insane year... Congrats lance... Thanks for posting people's champ

  • @dylanastudillo9930
    @dylanastudillo9930 3 дні тому

    Great video, Lance! Thank you for sharing. I especially loved the last minute-it’s such a great reminder to focus on the process. Those were truly inspiring words, your mindset is elite and is exactly what I want to emulate.

  • @dasanayakakavindu6081
    @dasanayakakavindu6081 2 дні тому +1

    This is 💎, thank you!...

  • @chandlerhorsley1264
    @chandlerhorsley1264 2 дні тому

    Thanks Lance! This is really helpful content.

  • @WhoisAntho
    @WhoisAntho 22 години тому

    Your discussion about market themes, like the shift to 24/7 trading and the role of options in driving stock moves, was fascinating. How do you think retail traders can best prepare for the increasing complexity of the market while avoiding common pitfalls like overexposure or chasing volatility?

  • @klazarov
    @klazarov 3 дні тому

    Thanks for the video Lance! You are the best!

  • @Ehsan-mp8lt
    @Ehsan-mp8lt 3 дні тому +1

    Hey there. Please continue sharing your thoughts on a regular basis

  • @czapskibusinessgroup
    @czapskibusinessgroup День тому

    Can I ask what MA's you use on your D chart?

  • @davidjuvenal8233
    @davidjuvenal8233 2 дні тому

    thank you for sharing your lessons what is your step of goals setting for new trader or what steps would you recommend

  • @dasanayakakavindu6081
    @dasanayakakavindu6081 2 дні тому

    I really exciting & waiting to learn magnum opus trading course (free version)⏳🔥,
    When you start 2025 magnum opus trading course?

  • @timb4695
    @timb4695 2 дні тому +1

    Hey Lance Fantastic video. I notice you show all your charts in TOS. Do you use that exclusively for charting? Or? Do you use TOS for executions of options? What do you use for equity execution? Futures execution? Futures options execution? Thanks great stuff!

    • @TheOneLanceB
      @TheOneLanceB  2 дні тому +1

      Charting! Used IBKR for most of my trading this year, but now switching to Clear St bc the customer service at IBKR is awful.

    • @timb4695
      @timb4695 2 дні тому

      @@TheOneLanceB Thanks Lance Not quite at that type of volume level for Centerpoint

  • @kefaliask
    @kefaliask День тому

    Just a revalidating question but all the breakouts you talked about they all fall under the same pattern right?

  • @JenMarco
    @JenMarco 3 дні тому

    I wish options would expand hours. I switched to futures and rarely hold options overnight because it hits my target pre market and I’m stuck in it until the market opens and miss out on profits

  • @mikeferreiroh
    @mikeferreiroh 2 дні тому

    could you share a template for yearly review, goals that you have used?

  • @Arsenal2045
    @Arsenal2045 3 дні тому

    Notifications are always on for videos from Lance

  • @mikeferreiroh
    @mikeferreiroh 2 дні тому

    could you share your playbooks? I know is a lot to ask

    • @TheOneLanceB
      @TheOneLanceB  День тому

      Will be part of magnum opus over time

  • @Monkey.Trades.Futures
    @Monkey.Trades.Futures День тому

    Best wishes for 2025

  • @npcriot9954
    @npcriot9954 День тому

    I lost money trading only long. I didn't miss a day. In the easiest trading environment probably ever, it's tough to not just think I'm defective.
    I fundamentally don't understand momentum. I understand the causal positioning aspects and people being duped by marketing, but I can never get rid of the thought that it's a bunch of nonsense that will fall apart at any moment. I don't understand how it can go on for weeks or months. I gave up fading because I've been burned in the past, but I can't figure out how trading momentum works.
    Does any of this stuff make intuitive sense to you or do you just have very good rules? IRL I find it almost impossible to participate in anything that doesn't make intuitive sense to me. In trading that manifests as bailing out early(essentially only scalping even if I was originally looking for a big move) or forcing myself to scale into something against my better judgement and taking an ugly loss because it's a 'momentum stock'.

  • @andrewlau6804
    @andrewlau6804 2 дні тому

    Heartfelt thanks Lance for the awesome review video! :) Do you think some of the inefficiency edges will be gone once more markets start to trade 24/7 or 24/5?

    • @TheOneLanceB
      @TheOneLanceB  День тому

      Nope! Prob more opportunities! Welcome!

  • @SCOHEN250K
    @SCOHEN250K 3 дні тому

    Thanks Lance!

  • @aman9278
    @aman9278 3 дні тому

    Thanks for posting!

  • @RickybobbyTrading
    @RickybobbyTrading 3 дні тому

    Information worth gold for the trading community

  • @alwayslearning4
    @alwayslearning4 День тому

    You are such a beast.

  • @alex00hell
    @alex00hell 3 дні тому

    First, thank you Lance!!! Second.. why don't you use volume bars where you see how much if the bar was selling and how much of it buying? Doesn't it matter?

    • @TheOneLanceB
      @TheOneLanceB  3 дні тому +2

      Every transaction is a buyer and a seller… I assume you mean it’s color-coded based on which side of the spread the transaction was? Either way, pretty much meaningless to me.

    • @alex00hell
      @alex00hell День тому

      @@TheOneLanceBoh... right.... of course. Thank you!!🙏🏼

  • @Hammad_khan.321
    @Hammad_khan.321 2 дні тому

    Please make more videos of futures market crude oil , nat gas , gold and Equity indicies rather individual stocks

    • @TheOneLanceB
      @TheOneLanceB  2 дні тому +2

      I do if they have exceptional opportunities. Often those aren’t where the exceptional opps are.

  • @CrazyCokee
    @CrazyCokee 2 дні тому

    was putting trading in front of having a life/youth worth it? thnks

    • @TheOneLanceB
      @TheOneLanceB  День тому +3

      They’re not mutually exclusive. I had incredible friendships and memories from trading and enjoyed much of the journey and process. 100% worth it, especially for the lifetime of financial freedom I now have.

  • @_ssjim
    @_ssjim 3 дні тому

    Thanks

  • @knolls9499
    @knolls9499 2 дні тому

    Thank you very, very much for this awesome video! Looking sooo forward to 2025 in Magnus Opum Elite.

  • @user-xm8nr8ip4x
    @user-xm8nr8ip4x 3 дні тому

    Thz a lot lance(GOAT) for ur explanation and for ur time. And also inpsire me, like u said risk 500k or 1m to 20m👍.

  • @afghanrebel
    @afghanrebel 3 дні тому

    Small world :), I did recap with bunch of friends and I was telling them I did same thing in amc and options lol & sticking with name that has dilution rather moving to new object

  • @benjaminhorneys6322
    @benjaminhorneys6322 2 дні тому

    Between this video and your twitter posts you've shown enough to pretty much know your PNL this year. About 30M

    • @TheOneLanceB
      @TheOneLanceB  День тому +1

      I will hire you if I need any detective work done ;)

  • @bibbidi_bobbidi_bacons
    @bibbidi_bobbidi_bacons 3 дні тому +1

    🙌🏻🙌🏻🙌🏻

  • @TheShadow_850
    @TheShadow_850 3 дні тому

    Feels like entering into 2022… #SPY

    • @TheOneLanceB
      @TheOneLanceB  День тому +1

      We shall see! Who knows! But good to be prepared.

  • @Diety30
    @Diety30 3 дні тому

    LETS GOOOOOOOOOOO ANOTHER LANCE VID!

  • @chrisjungmann5502
    @chrisjungmann5502 10 годин тому

    I heard Lance has a MASSIVE johnson. can't confirm or deny

  • @chewie1355
    @chewie1355 3 дні тому

  • @ImNotHereToArgueFacts
    @ImNotHereToArgueFacts 2 дні тому

    2024 was very easy
    2025 could likely give reality checks

  • @jasonren304
    @jasonren304 2 дні тому

    Definitely scam. This guy speaks about losing 7 figure on tiny moves. His total profit to date is only 10 million. If you have made 10 million trading stocks why all of sudden moving into options. He struggles to remember his losses. Just seems too amateur maybe just want to sell courses

    • @s.parker1649
      @s.parker1649 2 дні тому

      Brooo do you not know who this is??? You’re a whole clown🤡 Given the fact that you don’t know who this is while talking shit about his validity, explains the level of trading you’ve attained. Go back to trading your $100 account trying to catch moves on penny stocks, clearly you have ALOT of homework to do concerning trading😒

    • @jobydorr4267
      @jobydorr4267 2 дні тому +3

      He was head trader at one of the most successful firms in the world and consulted at a second. Settle down.

    • @TheOneLanceB
      @TheOneLanceB  День тому

      lol! It’s easy to lose 7-figures on tiny moves if you trade big size. You do not know my total profit to date. Options are an incredible trading tool. Also my track record has been publicly verified by my ex-employer and on Kinfo lol.

  • @wesnhisthoughts
    @wesnhisthoughts 2 дні тому

    Thanks Lance!