Wall Street Millionaire reveals the Worst Trading Advice he's ever heard
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- Опубліковано 9 чер 2024
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Welcome back to another episode featuring millionaire Wall Street trader, Lance Breitstein. In life, people are quick to give advice; however, the quality of it can vary. Hearing someone’s advice can create pivotal moments and serve as a significant lesson. On the other hand, some advice serves as a learning lesson on what not to follow. Join us on Lance’s rooftop as Lance shares the best and worst advice he has received. Lance is an individual full of wisdom so this is an episode you will not want to miss!
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am just sharing my opinion with no guarantee of gains or losses on investments.
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Thx for watching all, and don't forget to click the link in description for the give away!!!!!!!!! Make sure your Sub, b/c we have many more give aways planned this year!
October? It's almost February. What happened?
There just something special about this particular trader and your interaction with him. Keep this going! The chemistry is real!!
I Started trading because of how much money you can make "quickly". But as I learned more, I realized that this is actually something I wouldn't mind doing the rest of my life. That moment forward, the money has become secondary. Process is #1, and the money follows your discipline to follow your ideal process.
Process over profits always. Thx Devon
You have to know 2000 lost turn to 2000 bucks win,key risk management techniques
I'm a high school teacher. I like teaching but I don't like HAVING to teach for money. I trade so I can teach because I love it because I don't HAVE TO teach until I'm 67. Thanks for the great interviews!
Nice pov, never saw it that way
We work for years to earn $1million on our retirement, while some people put thousands of dollars in some meme coins and they become millionaires.
I always wanted to trade crypto for a long time but the volatility in the price has been very confusing to me although I have watched many UA-cam videos about it but still find it difficult to understand
@@richardk.mallard3533.All you have to do has a beginner to make good profit in cryptocurrency is trade with an expert or professional who will always notify you when to buy/sell else you make losses
First understanding the financial markets and how it works then you need to know how to study the market chart. That's all you stand to when you trade or invest with a mentor
Despite the economy downturn, I'm so happy 😊 I have been earning 180,000 dollars return from my 22500 dollars investment every 14 days
@@jeffreyf.burton7695.I have been trading with Mentor Derek Mia Scott for a while now she is really amazing and trustworthy she has the skills level of trade always winning with her trading platform
Lance is an AWESOME guy/trader. Very humble and generous with his time and knowledge. The world needs more people like him.
All financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto__ shares are really positively changing people's lives all this i learnt through Rosalie Kay Mathers
Your approach is correct and shows you have lots of experience, but since everybody wants to become rich overnight most coming to the markets newly don’t seek professional advice
I've only invested in real estate since I lost money years ago. However due to the recent increase in home prices, I've sold a few assets and am now having money on me I'd be interested in hearing your suggestions because I'm looking to investing in crypto
Thank you for providing this useful information.
I've always wanted to get into investing but have no idea where to begin.
How can I contact her?
It's encouraging to hear so many people mention Rosalie Kay Mathers because she has worked hard to establish a solid reputation in the financial markets through her many contributions. This woman is incredibly knowledgeable and she comes highly recommended as a financial advisor.
Thank you so much Rossie for the contribution you made to the whole community over the years.
Educating people over and over in the finance markets to help us make money and plan for the future
You guys are awesome! I'm a Youth Worker and spend my life helping young kids with trauma. The biggest thing that has amazed me about my trading journey is how many traders are genuinely caring people. Youth Work and trading are so very different but also have one huge thing in common, the ability to help others.
Keep up the awesome work, Alex. You are the Joe Rogan of trader interviews!
I found the same with Business, personal finance, software development, and sport.
There are so many life lessons you can learn from trading that you can relate back to business, personal finance, sport, health, etc.
Trading has taught me how to assess and accept risk.
Dang! I literally just stumbled onto your content, which has a lot of value, thanks for it. Wish I knew about your bullet journal giveaway too, I journal heavy. Keep up the great work.
Thanks for starting this channel Bthestory! Discovered it about a month ago. I watch different episodes daily. Really has helped me and love all the different people on here and hearing there story. Great Channel keep it up
Thank you John for watching the show.
DM right away I have something new for you all ✍️✍️✍️🔥🔥
Always grateful for your content.
Great video. Very honest advice. Many thanks!
This is the only guy on your channel that is truthful and I believe is an actual real trader. His gains I believe what he is saying. None of the other ones are worth a dime in their advice.
Despite the dip in crypto, I still thank you for the level-headed financial advice. I started forex and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio.
Thanks so much Mrs. Marie Georgiana
Wow, amazing to see others who trade with Mrs Marie Georgiana, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
I invest with Mrs. Marie too, she charges a 20% commission on profit made after every trading session which is fair compared to the effort she put in to make huge profits
This is not the first time I am hearing of Mrs Marie Georgiana and her exploits in the trading world but I have no idea how to reach her.
As a first time investor I started trading with her with just a thousand bucks. my portfolio is worth much more than that now within just weeks of trading with her.
Investwithgeorgiana👈👈 that's it
I really appreciate your interviews
Great stuff. Thank you for the content. Lance is the man.
Love the non-profit segment of the video. Great guy
Like always, thanks a lot guys. Love you all!
One of the Goats ! Ty so much Lance for all your wisdom and all you do!💪👊
Loved this bigger picture perspective 💯 We’re so caught up in patterns and technical analysis that we don’t take the time to think about these concepts.
This is great, I'm glad I got into trading when I did because it was a turning point for me financially it was my best decision ever. All thanks to Mrs Shana Heckel her set skills are amazing.
Amazing to see another who trades with Mrs.Shana Heckel, I am currently on my fifth trader with her and my portfolio has grown tremendously. Your weekly signals are highly profitable
I invest with Mrs Shana Heckel too, her charges a 20% commission on profit made after every trading session which is fair compare to the effort she puts in to make huge profits.
This is not the first time I'm hearing about Mrs Shana Heckel and her exploits in the trading world but i have no idea how to reach her.
As a first time investor I started trading with, Mrs Shana Heckel, I personally appreciate her straight and simple approach towards educating traders. My portfolio has grown more within just weeks of trading with her.
@@joshbruno3756 She's on tel 'gram
What a great correlation to the "give it your all when it matters" lesson. Great video man.
What a great speech at the end.. loving it every second of that.
Thanks for inspirational video brother.
DM right away I have something new for you all ✍️✍️✍️🔥🔥
Really impressed with you, Alex. But, in particular, THIS series with Lance B. You can tell that you have mutual respect for each other - why? Because you’re both authentically out there. I can see Lance literally rooting for you. And I can see you literally rooting for Lance, too. Warms the heart…it’s the good stuff. Well done!
DM right away I have something new for you all ✍️✍️✍️🔥🔥
Its true. Love, healthy, positivity is more important. But the safety of financial freedom will bring so much happiness
This is not a financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 15% this year alone... maybe you should do the same.
Absolutely, I engaged a financial advisor, whose guidance has been immensely beneficial as I approach retirement. Initially skeptical about the adequacy of compound interest from index funds due to a late start, it's intriguing how I've outperformed colleagues with more years of investment experience. Remarkably, I've gained over $886k tax-free as a result.
@@maryHenokNft Do you mind sharing info on the adviser who assisted you?
Definitely! All of this happened in less than a year after *Gertrude Margaret Quinto* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
beautiful message ...your purpose in life is to serve others
Yes !
📥📥📊
well I've been watching you since you had 5k subscribers I've watched you grow as well as myself screen time/emotions/journaling
this guy is super smart about life. thanks
What a great communicator, awesome guy
Love this!
DM right away I have something new for you all ✍️✍️✍️🔥🔥
Love the Channel. Love trading. Need the Journal to help me not make the same mistakes again and again. Journaling slows it all down and keeps you steady and consistent.
I would like that journal to help log my trades to become more consistent 📕
Thanks for the content, very helpful
Bad ass
Thanks Alex 🙏,
DM right away I have something new for you all ✍️✍️✍️🔥🔥
LANCE IS SUCH A G
I like the baseball advice analogy
Love this guy!
Just getting to know lance from your videos and from SNB videos - I have the upmost respect for him - great teacher and great advice - thanks for sharing
Thx for watching
I watch all your videos- please keep them coming- you always ask all the right ?’s
My monthly average would also be $83 000 a month if I had an account size of
$332 000, but I don't. Mine is only $40 000. I also make 25% on my account every month. There are some better traders out there who make 50% on their account every month.
you wish you made 25% every month
I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
As one trader on UA-cam said having money does not make everything perfect. You still have to pay bills, buy food, drive, deal with jet lag, relationships. ETC
I agree enjoy what you do as long as it pays good.
What he is saying is from the perspective of someone who has made it and mastered his craft.
It does not apply to those still at the bottom and trying to master a craft.
Very easy to say these things when you are sitting on a pile of cash.
Exactly! You’ll never hear a broke person or a poor person struggling to pay their bills say something so stupid like “money won’t make you happy “. One of the dumbest things people ever say especially when they’re giving advice.
@@markusthedrummer8143 The statement can actually be associated with Victorian times when the rich wanted to suppress the poor, which still goes on to this day. Everyone thinks Andrew Tait is loopy but he is spot on about this.
@@finanzferdinand9874 Tate is spot on about everything!
Next one with Shark from SMB please!
10/10 advice!!!
"Did you push yourself to be great today? If you didn't, you lost a day. And we don't have that many days to lose."
"If you eat like everyone else and train like everyone else, you will look like everyone else."
Two quotes that apply to all aspects of life.
Now should be the best time to buy and trade on Bitcoin because currently the profits are good and going up to a standard rate in less than no time
The real risk in the Crypto market is the risk of not investing, not the risk of short term price volatility.
I once tried trading myself but made more losses than profits. wouldn't suggest it to anyone
Nothing beats engaging an expert in any trade, selfishness and greed has deterred many from doing this and they ended up running a huge loss
@@augustinamooreen9288 You're right! Investing in Crypto market isn't a myth. A few years back felt it was impossible but here I am today...all had was God and a dedicated broker.
@@enisreke4340 Plan your trade and grow your crypto portfolio with Alexia's investment/trading services...she's one of the best when it comes to trading Cryptocurrencies.
Bro are you gona post any live trading videos?
EXCELLENCE
Humble dude 😎
I must treat trading like a hobby
Doing good for the World, nice. Keep on trading.
DM right away I have something new for you all ✍️✍️✍️🔥🔥
Life is short and if we just wanna chill, earn income passively, and read books all day, that’s valid too.
Im currently paper trading but i kind of see it as more of a hobby right now its not really about the money but learning how to predict the ups and downs. Its like learning how to play a game. And when i get good at the game then i can start investing with real money
You will never get good at real trading with that paper stuff no offense you don't have to manage your emotions with paper but real capital you do and that's what you should think about
@@prince-xw3ip thanks for your input
From what I've learned, is if you treat trading, or really anything as a hobby, you'll always get hobby-like results. You have to tap in. Dive in head first and treat it like the business it is in order to achieve extraordinary results. Also, trading isn't necessarily about predicting the ups and downs, but rather it's about recognizing patterns, having a solid plan in place, not deviating from that plan, recognizing key indicators and backing that up with confirmation. No one can predict the future, so at the end of the day, it's about using the information in front of you (price action) and trusting that information is telling you what you believe it's telling you, taking action, trusting the plan, minimizing the losses and running with the wins.
@@ChristopherGarzaReach2Teach2 good points thanks
Hey, Can you interview Ross Cameron & Mike from Warrior trading?
Why?! So you can learn how to lie and scam people?
Although I don’t agree that hodling is the worst advice because it depends on what you’re holding but that dude is articulate and not arrogant.
Thx for watching
Lmao was like I know this was not filmed recently I bet it’s cold as hell on the roof right now
Any trading book you recommend big B
Yea. Many in the link in descriptions.
@@BTheStory thanks brotha 🙏🏽
easy said when ur profitable in trading to enjoy life and relax, but when ur not profitable and there needs to be money on the table there is no time to just enjoy life and relax. I think this guy is thinks this way because he already has succes and when u have succes u can take a chil pil and enjoy life more ;)
DM right away I have something new for you all ✍️✍️✍️🔥🔥
I would like to win the journal to help become consistently profitable.
DM right away I have something new for you all ✍️✍️✍️🔥🔥
🎯
DM right away I have something new for you all ✍️✍️✍️🔥🔥
Every good trader have b plan for escape lost to win
Why do people say mindset now its ballset.
What’s that traders twitter
whats his twitter account again
I think I'm as tall as you are Alex , but I bet somehow I still manage to be little shorter, oh well lol
The eye contact is too intense and awkward
❤️
Thx NHk. Always nice to see ya on discord! 😊
📥📥📊
give us a job lance
Hey B, he speaks more like Mark Zuckerberg!!!
Robert Lewandowski (Poland/ Bayern Munchen FC) ??? now turned trader???
convenient number but should be 83333
Scammers shilling fake Guru’s in the comments. Don’t be a Victim.
This guy gives Mark Zuckerberg vibes.
👌👌
Waddup Luc Jean!!!!!! thx for watching
@@BTheStory Great interviews with Lance!! ...you must learn alot hanging with him!
DM right away I have something new for you all ✍️✍️✍️🔥🔥
Hold/hodl is the worst advice ever!!
Lol thx
Watch your body language B.
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy have been earning $ 60,000 returns from my $7,000 investment every 10days..
Wow! How's that possible please I'll appreciate your assistance on how to go about it.
That's awesome. I dealt with crypto last year on Robinhood, tried some index but didn't take it out so I lost it by the end. Any consistent strategies?
@@willamschristopher189 Consistently investing with proper guidance in quality dividend paying companies is a relatively easy strategy to create wealth. Well I copy trades from daily signals of Mrs Jessica Madilyn McMain as recommended here previously
When I glance through your comments, I know you must be talking about Mrs Jessica Madilyn McMain. It's been 3 months of steady crypto growth using her trading strategy.
@rezakosman8530 Hey, I invested largely on stock market last year, tried some index but my experience doesn't pay me. I have lost so much trading by myself Please is there any handle or link can get to her?
Cobra sucks for locates lol.
Interview Average Joe Trader and see what he makes a month. He says 50% on his account every month.
First
Lets go Brandon!
📥📥📊
Mrs Renatha have been the key to my successful trading life and couple of my friends who also trade with her. I make about $23k every month by only trading the crypto Market.
I advise investors trading for the first time to work with someone like Mrs Renatha Alves
She's a really good investment advisor, I had a huge decline in my protfolio during April but thanks to a friend who linked me up with Mrs Renatha I was able to recover....
@Renathacrypto1
User 👆👆name
he looks and speaks like mark zuckerberg
Haha they want to look like 18 year olds with the gear and caps, looks very unnatural.
We work for years to earn $1million on our retirement, while some people put thousands of dollars in some meme coins and they become millionaires.
How! I know it's possible, I would appreciate if you show me how to go about it.
I always wanted to trade crypto for a long time but the volatility in the price has been very confusing to me although I have watched many UA-cam videos about it but still find it difficult to understand
Best thing that happened to me last year I can attest to is the progress I have made so far on trade. Venturing into crypto was my best decision ever I know more is yet to come 2023
Crypto is bringing a different revolution in the world of economy, people who are optimistic investors earn consistently.... other just sit and watch
@@hamishtishler375.Excellent buddy very good are your earnings and do you have any recommendations or suggestions.