The Ultimate Day Trader, Pt. 3 · Lance Breitstein

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  • Опубліковано 22 лис 2024

КОМЕНТАРІ • 87

  • @ChatWithTradersPodcast
    @ChatWithTradersPodcast  2 роки тому +14

    The Ultimate Day Trader, Pt. 1: ua-cam.com/video/a3wL0OktSrA/v-deo.html
    The Ultimate Day Trader, Pt. 2: ua-cam.com/video/d3mmLd_VO0w/v-deo.html

    • @Mr_Rapid_Repricing
      @Mr_Rapid_Repricing 2 роки тому +1

      Please interview a trader called Micheal J huddleston also known as Inner Circle Trader

  • @TradesbyJayC
    @TradesbyJayC Рік тому +6

    I've repeatedly listened to Lance's interviews and every time, I glean new insights. He's not only an exceptional trader but also a remarkable speaker and educator. The way he explains his strategies, mindset, and advice for novice traders is remarkably relatable and comprehensible. While your content featuring a diverse range of traders is commendable, Lance's interview stands out as the most exceptional. His abilities are truly multidimensional. Thank you, Aaron, for making a meaningful impact."

  • @MikeMachAttackJenkin
    @MikeMachAttackJenkin 2 роки тому +15

    You guys are the real mentors to us traders that don't have anybody to teach us and it's for free. Thank you so much for this!

  • @nguyduyviet
    @nguyduyviet 2 місяці тому +1

    amazing interview with a true legend !!! thanks you from Vietnam

  • @DayWaiting
    @DayWaiting 2 роки тому +5

    So, I’ve listened to Lance’s interviews so many times and learn something new each time. He’s a prolific and talented speaker and teacher let alone mega trader. There’s something about the way he describes his strategies, mindset, expectations of a novice trader, that just make him so relatable and easy to understand. All of your content is so great and really love the breadth and diverse traders you feature…but Lance, to me, is by far and away the best interview series you’ve ever had. He’s a gifted man in all the ways. Really enjoyed Chris Cady too. I think I am at that point in my trading journey where both of them were just exactly what I needed to hear. Thank you, Aaron. You are making a difference.

  • @FatCatsOfWallStreet
    @FatCatsOfWallStreet 2 роки тому +34

    This was amazing. Betting higher hands on A+ setups is something I want to practice. I fully comprehend it’s like swimming across the pool the first time.

  • @jeremycuno4049
    @jeremycuno4049 Рік тому +1

    Greatest information available for traders hands down. So good im surprised it doesn't come at a cost. I could argue the info that lance provides along with Aaron's excellent questions this one interview could be all that s trader need for massive massive success if you listen over and over and actually implement the strategies talked about.

  • @hamisintunzwenimana8083
    @hamisintunzwenimana8083 Рік тому

    Great
    General
    1. Market Context / Position Sizing
    2. Psychology / Learning Process

  • @MrJoshuadh81
    @MrJoshuadh81 2 роки тому +8

    Oh man, I absolutely love hearing this guy’s responses. Fantastic questions too, Aaron. This one will definitely be a multiple repeat listen. Can you just set up a regular monthly chat with Lance?😆

  • @rangeown349
    @rangeown349 7 місяців тому

    really golden nuggets from 49:00 and from 57:50: to end of video.
    listen to this atleast 10 times. I have found my edge but struggling to implement it. Hope to come back in the future and comment the result.

  • @lockvegas05
    @lockvegas05 2 роки тому +15

    This is your best interview by far! This guy is dropping gems. He is legit.

  • @ashtaylor5236
    @ashtaylor5236 Рік тому

    Section on exponential risk for A+ setups was huge. Amazing podcast. Mind blown! 🤯

  • @FawadZakai
    @FawadZakai 2 роки тому +7

    Thanks for this audio interview with Lance, Aaron. Really appreciate it...

  • @sarojchaulagain8918
    @sarojchaulagain8918 Рік тому

    Lance is legit. Love his contents on UA-cam.

  • @brandonedwards8956
    @brandonedwards8956 2 роки тому +6

    "Doubt and discomfort is the cost of growth" that is golden.

  • @annaaliaya
    @annaaliaya 2 роки тому +1

    Listened twice so far and still finding gold. Lance is an amazing human being and Aaron is a genius.

  • @Ninja-iq2xt
    @Ninja-iq2xt 2 роки тому

    only episode needed for newbies to know all about trading.

  • @Marlowwc42
    @Marlowwc42 Рік тому

    Lance Breitstein man. Genius.

  • @josephharley9448
    @josephharley9448 Рік тому

    BRILLIANT INTERVIEW

  • @badgirlsnowflake
    @badgirlsnowflake 2 роки тому +2

    listened to all 3 today, thank you to both, thoroughly enjoyed

  • @jakeracz2511
    @jakeracz2511 2 роки тому +2

    Never been so excited for an episode

  • @hwnwhaler1
    @hwnwhaler1 Рік тому

    Incredible episode!!!

  • @w1nzton
    @w1nzton 2 роки тому

    this is what longevity professional career looks like. thank you so much for sharing these nuggets as these are daily reminder no matter how much money you make. Thank you Both! Thank you Lance!

  • @Anandteertha275
    @Anandteertha275 Рік тому

    Thank you so much both of you for such invaluable content 🙏🏼 forever grateful to you Aaron for opening up a channel like to help developing traders who are really serious about the craft. And thank you lance you are the best, you have changed the trajectory of my trading career 😀 🙏🏼
    Love from India

  • @khodler5551
    @khodler5551 2 роки тому +1

    Such an AMAZING interview.. Lance is throwing gems!! ♦️ 💎

  • @ROMAN-oy5ju
    @ROMAN-oy5ju Рік тому

    Love these guys

  • @leonardogarces7563
    @leonardogarces7563 Рік тому

    Thanks for this gem! 🙏🏾

  • @strobe9
    @strobe9 2 роки тому

    Think in probabilities and always evaluate your process in the context of expected value because every decision / change affects probabilities and expected value.
    Every moment during a trade, do your choices only attempt to satisfy the goal of a win or avoiding a loss this time? Then you may be falling for random rewards. Insidiously, we want to do this instinctually.
    But once your decisions start to be made win, lose, or draw, beyond just this trade, keep going. You’ve made it past one of the biggest mental hurdles and that elusive edge is closer now.

  • @casanova1012
    @casanova1012 2 роки тому +2

    Controlling your environment being more important than willpower. Willpower is immensely difficult to control

  • @AustinSilverFX
    @AustinSilverFX 2 роки тому +3

    Great episode thank you both!!

  • @ejazansari6244
    @ejazansari6244 2 роки тому +2

    I like Aaron reaction "hmmmm" after every answer from Lance :)

  • @T3LiveDayTrading
    @T3LiveDayTrading Рік тому

    we need that part 4

  • @codfellaz
    @codfellaz 6 місяців тому +1

    52:00 Exponential Bet Sizing Numbers Crunched!

  • @casanova1012
    @casanova1012 2 роки тому

    Awesome stuff, love how you explain buying after breakout vs on a pullback , higher probability

  • @INNO222
    @INNO222 Рік тому

    Aaron, Lance phenomenal 3pt. series. And I thought Lance was with SMB Capital?

  • @erikelliottusa
    @erikelliottusa 2 роки тому

    Enjoyed the video guys! Thanks for putting this together. 👍👍

  • @yj677
    @yj677 2 роки тому +1

    very practical stuff. cool.

  • @davidesquivel9664
    @davidesquivel9664 2 роки тому

    I needed to hear some of that. Thanks.

  • @Yetified_Mayhem
    @Yetified_Mayhem 2 роки тому

    Great stuff!

  • @tod9420
    @tod9420 2 роки тому

    Great Interview, Thank you

  • @DeadLetterOpener
    @DeadLetterOpener 2 роки тому

    Boom! Thanks Aaron, great work!

  • @thrls
    @thrls 2 роки тому

    Lance, the MSTR-Bitcoin example is not a valid example. MSTR is heavily leveraged on BTC; if Bitcoin went another 25% lower their company would be near-bankrupt and the share value could reflect that.

  • @Okayand33
    @Okayand33 2 роки тому +2

    22:00 Even though it's a little insensitive, what Timothy Sykes said on here a while back is the true nature of the game.
    "If your primary goal is to win, who would you rather play a game of pick-up basketball against? Michael Jordan or a midget?"
    DO. WHAT. WORKS.

  • @sidneestocks
    @sidneestocks 2 роки тому

    Loved this!!

  • @gomesdiogo
    @gomesdiogo 2 роки тому

    Expected value for us can be simplified as 'Risk x Return x %wr'

  • @g-tbotecktrdr7268
    @g-tbotecktrdr7268 2 роки тому

    great talk ...helpful....

  • @JK-vb6ju
    @JK-vb6ju 2 роки тому

    Is shorting the pops a good play? I haven't seen gains hold for to long mayb a day then back down

  • @neurolover8889
    @neurolover8889 2 роки тому

    I have a question please. What is realistic yearly return in percentages for someone who risks 0,5 or 1% per trade. 205?, 120%?, 1000%?

    • @neurolover8889
      @neurolover8889 2 роки тому

      @@KobeBeefBryan all of this are not good answers. If i asked a F1 driver what is the average time pro formula 1 driver does on hungaroring they would tell me around 1:30 +-5 sec, all this is bs answers. Looks to me like no one is profitable, and that is the reason they give you these answers. If Buffet sometimes cant beat the index, why would daytraders earn 200% per year, some say month...

  • @codfellaz
    @codfellaz 6 місяців тому

    1:07:00 What To Do When You Start Being Consistent...

  • @IsaacWendt
    @IsaacWendt Рік тому

    what time frame is he waiting for the V?

  • @whatusayingangsta3642
    @whatusayingangsta3642 2 роки тому

    Awesome!! You Haveee to get Al Brooks on!!!

  • @Dr-Rob.
    @Dr-Rob. 6 місяців тому +1

    👍

  • @editorspickz
    @editorspickz 2 роки тому

    The timing of this video 👌 capitulation inbound

  • @rkatz0
    @rkatz0 Рік тому

    #3 - precious

  • @salsperspective9745
    @salsperspective9745 Рік тому

    When everything alligns its time to go the opposite way.

  • @surething119
    @surething119 2 роки тому

    I believe in specialization but broken slot machine consept seems interesting too. I personally work better focusing on one.

  • @ArchimedeanEye
    @ArchimedeanEye 2 роки тому

    Yes!!

  • @travisheavner4678
    @travisheavner4678 2 роки тому

    Decent & sweet,This is alluring

  • @gh8066
    @gh8066 2 роки тому

    THEONELANCEB indeed!!

  • @Abcccdwe
    @Abcccdwe 2 роки тому

    🔥🔥🔥

  • @joshgilling3117
    @joshgilling3117 2 роки тому +5

    Can anyone reccomend a good trading course to take?

    • @parkchang1033
      @parkchang1033 2 роки тому

      I believe the above comment section can reach

    • @bpenguin
      @bpenguin 2 роки тому +2

      It depends what kind of trading you want to do.
      Dabble around in paper money and find what you like, then seek mentorship.

    • @phillaysheo8
      @phillaysheo8 2 роки тому

      Stay away from the fake Brian armstrong comment

    • @lucksonmwape9352
      @lucksonmwape9352 2 роки тому +1

      There is none its not that easy....

    • @rajpreetsingh3233
      @rajpreetsingh3233 2 роки тому +1

      Stockbee is good.

  • @cowpong88
    @cowpong88 2 роки тому

    Must have hurt to cop that Aussie accent comment!

  • @babogoon
    @babogoon 2 роки тому

    1:03:00

  • @nizarabdulsalam5042
    @nizarabdulsalam5042 2 роки тому

    Markets are going down (at best moving sideways)Now is probably the time to build wealth in India 🇮🇳 Started as Beginner with over $3000 and so far so good I’ve been able to make over $82,000 in the space of 4 months with the help of Sir Jeff Murphy and his compound interest strategy of DCA

  • @michaelbennett5568
    @michaelbennett5568 Рік тому

    Stop on TSLA must have certainly been hit not long after podcast recording.

  • @kevinlord7559
    @kevinlord7559 2 роки тому +4

    These are semi-useful interviews, to understand the psychology of the top traders.
    However, without a screen share, or more specifics on core signals they look at (eg. advance/decline, cumulative tick, market profile, TPOs, relative volume, etc) it's basically just two people talking about their feelings

    • @mremtb7689
      @mremtb7689 2 роки тому

      Agreed. He says alot without really saying anything. He never really answered what does your morning routine look like.

    • @24hrdiner
      @24hrdiner 2 роки тому

      No profitable trader is going to give away their edge.

    • @mremtb7689
      @mremtb7689 2 роки тому +1

      @@24hrdiner exactly! All the SMB capital videos are just aimed at getting you to sign up to their options course. They have a very slick sales funnel and process. I lost respect for them when I realised they are preying on unsophisticated people to sign up for a $2000 course . I watched the 2 hour sales pitch and the course teaches you nothing that I can't get from the $20 options book I have sitting on my desk

  • @keithmilliken6448
    @keithmilliken6448 2 роки тому

    A Good Trader but short on knowledge on Fundamentals ,Macro Environment and Financial Markets,. Enjoyed just the same! *The small Crypto Market Value has zero bearing on the Equity, Futures, Bonds or REITS which are massive markets in value.

  • @facundogonzalez2039
    @facundogonzalez2039 2 роки тому +1

    your performance is a lagging indicator of your habits LMAO will print it out

  • @editorspickz
    @editorspickz 2 роки тому

    Day 46 of asking for Crypto Kirby 🙏🏻

  • @mahditrader2485
    @mahditrader2485 2 роки тому

    ❤❤❤❤❤🤑🤑🤑🤑🤑🤑👏👏👏👏👏👏

  • @nickk9499
    @nickk9499 2 роки тому +1

    what are you actually discussing in this interview ?!! its like a mish mash of randomness

  • @24hrdiner
    @24hrdiner 2 роки тому

    One bad loss on a A+ trade can wipe your account right out and it can be game over.