8-Figure Trader's Daily Trading Routine (Take notes!)

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  • Опубліковано 26 гру 2024

КОМЕНТАРІ • 121

  • @smbcapital
    @smbcapital  2 роки тому +5

    SMB Workshop: bit.ly/3gIR0Rc
    Lance on Twitter: twitter.com/TheOneLanceB

  • @eljefe293
    @eljefe293 2 роки тому +10

    What’s been helping me is journaling everything holy that’s the key man made so much progress in just 1 month been trading for 1 year going into my second and boy journalllll!!!!!!

  • @alonga
    @alonga 2 роки тому +16

    Before I take a trade, I tell my self. “I will not get bagged today”. It really helps me to make better trades.

    • @celtekrider2
      @celtekrider2 Рік тому +1

      😆 I say "I will not get clapped today".

  • @mergetrader
    @mergetrader 2 роки тому +5

    4:16 "Am I hungover" lol. This is the checklist that I've been missing for years alright.

  • @arboristribbit9190
    @arboristribbit9190 2 роки тому +3

    This is one of the most helpful videos on day trading I’ve seen yet. Good job on this one.

  • @snipertsx
    @snipertsx Рік тому +1

    This video is gold. Thank you, Lance, for an insight into your trading day with some tips on treating trading like a business with a balanced lifestyle! Thank you!

  • @scottydog9997
    @scottydog9997 2 роки тому +3

    Awesome stuff Lance.
    Damn I feel privileged to sit down and listen to your mentorship.

  • @CapitulationTrader
    @CapitulationTrader 2 роки тому +1

    Thanks, sincerely. I’ll plan to watch this video monthly until it sinks in. Hope you have a great next vacation

  • @UltraEliteTrader
    @UltraEliteTrader 2 роки тому +1

    Wow, Lance is so generous for sharing this. Thank you so much.

  • @guillaume2879
    @guillaume2879 2 роки тому +3

    Thank you again Lance for such a high quality video! I really appreciate everything you do for the trading community, learned so much from you. Pretty crazy to think that you and SMB provide all that stuff for free.

  • @IsmaelAntoniel
    @IsmaelAntoniel 2 роки тому +1

    So grateful to learn from people who does it better, thanks!

  • @gmoney2667
    @gmoney2667 2 роки тому +2

    Great video. Thanks for being so candid Lance. Only started trading 8 mths ago and can relate to, and learn from, pretty much everything you said.

  • @_SeeIt
    @_SeeIt 2 роки тому +2

    I know 1 10 figure trader who follows a strict routine like this. He is also big on walks around the block to cool down.

  • @RVOL-Addict
    @RVOL-Addict 2 роки тому +12

    That is a very balanced daily routine, for some reason I expected it to be more hard core.

    • @lancebreitstein7038
      @lancebreitstein7038 2 роки тому +11

      Sometimes we can push harder. Sometimes we need to lay off. First couple years worked much longer hours to get past learning curve. This was my sustainable long-term routine. Plus would do a few hours on Sundays.

    • @RVOL-Addict
      @RVOL-Addict 2 роки тому

      @@lancebreitstein7038 Thanks for the response Lance.
      I aspire to be the best trader that I can be.
      You are a great inspiration.
      Hopefully we will meet someday.

    • @lancebreitstein7038
      @lancebreitstein7038 2 роки тому +1

      🙏

    • @Eric-jk3oi
      @Eric-jk3oi 2 роки тому +1

      He forgot to mention that he popped 4 pills of 20mg Adderall before the market opened.

    • @Eric-jk3oi
      @Eric-jk3oi 2 роки тому

      @whats🄰pp+𝟏𝟖𝟒𝟓𝟐𝟏𝟐𝟕𝟑𝟗𝟖 Listen go get yourself a Wendy's baconator and then proceed to blow out your nearest toilet. Leave the stall door open...but only take ur pants off in stall... Establish ur dominance in that Wendy's restroom, shit in the sink. GODDAMN

  • @r.arodriquez4392
    @r.arodriquez4392 7 місяців тому

    Thanks for being transparent. I appreciate all the great videos 🎉

  • @Christopol
    @Christopol 2 роки тому +12

    Iverson: Practice, practice... y'all talking abt practice...

  • @7FigureTrader-com
    @7FigureTrader-com 10 місяців тому

    Took me over an hour to watch this video. Was updating my DRC as I watched it. I will now be reading specific parts hourly to keep me focused on what I need to do to get better. Amazing!

  • @adamparusel
    @adamparusel 2 роки тому +3

    Thanks for sharing and giving those valuable insights. Will definitely watch it a couple more times!

  • @dannytetreault
    @dannytetreault 9 місяців тому

    This Lance guy is everywhere. He’s becoming famous!

  • @dannyboy84
    @dannyboy84 2 роки тому +2

    Hi Lance, what a great video, so inspiring it really hits home for me it's not just about trading its about taking care of yourself I really got to do that myself I'm nearly tearing up as I write, this because it's feels like you exactly what I'm going through as trader

    • @dannyboy84
      @dannyboy84 2 роки тому

      And a person

    • @proofmeoffically
      @proofmeoffically Рік тому +1

      I feel you my man. Trading makes you want to be a better person and make better decisions in your personal life.
      I think thats why most successful people tend to be happier because they take such good care of themselves physically, mentally, and spiritually.

  • @razzy1476
    @razzy1476 2 роки тому +4

    Great professional routine at elite level !
    Grateful for sharing your routine ! Very helpful!
    Nice one big boy 😀👍

  • @RVOL-Addict
    @RVOL-Addict 2 роки тому +2

    I have been "grinding" very very hard lately.
    I think I will start implementing that noon break.

  • @opinwyd
    @opinwyd Рік тому +3

    I’d be interested to see how this could be applied for parents that work full time and want to be able to transition their career to this. Thanks for sharing.

  • @BubbaSmurft
    @BubbaSmurft 2 роки тому

    Thanks Mike and extra thanks Lance; that's what I was looking for and the presentation was terrific. REALLY appreciate this.

  • @CrazyTrio-i2l
    @CrazyTrio-i2l Рік тому

    Thank you! It would also be useful to tell you about the organization and configuration of the trading terminal🙏💚

  • @Fenix_Trader
    @Fenix_Trader 2 роки тому +1

    Thank you🙏 So important knowledge!

  • @orenmadrigal2638
    @orenmadrigal2638 2 роки тому

    Ty so much Lance you are one the greats I love your insight and thought processes 💪🍎✌

  • @SagarSingh-bp9np
    @SagarSingh-bp9np 2 роки тому

    Thanks very much. Appreciate your insight and your mindset.

  • @joshvanepps4762
    @joshvanepps4762 2 роки тому +2

    Great content. Thank you for the reminder to the trading community on how important a solid routine is.

  • @hisham253
    @hisham253 2 роки тому +1

    So much great info thanks Lance

  • @OfADemon
    @OfADemon 2 роки тому +8

    Sounds like being on the east coast, or close to, is where you want to be. These breakdowns don't translate nearly as well being on the west coast. I couldn't imagine getting 9 hours of sleep and still having that much time pre-market.

    • @RocnRed9
      @RocnRed9 2 роки тому +1

      It’s not ideal but definitely doable. I’m a west coast trader and wake up between 4:30-5:00AM while still getting 7-8 hours of sleep, which is plenty.

    • @OfADemon
      @OfADemon 2 роки тому +1

      @@RocnRed9 there's no way for me to go to sleep early enough to get 7-8 hours and wake up rested at 430-5. I used to wake up at 5 and I was a zombie by 630, even when I had my caffeine.

    • @RocnRed9
      @RocnRed9 2 роки тому +1

      @@OfADemon haha I suppose it’s not for everybody. But when it’s your only option you just make it work. It gets better over time with routine.

    • @OfADemon
      @OfADemon 2 роки тому

      @@RocnRed9 true. Even when I'm super tired, I still can't manage to fall asleep until later on. Oh well. I've had to adjust with less time pre-market, but thankfully I'm still making it work.

    • @catladytrucker7608
      @catladytrucker7608 2 роки тому +3

      Why not? I do. I live in the Pacific Northwest. I trade futures, so I'm trading even earlier than 6:30am. The first week was tough and I was out of sorts getting myself to sleep so early, but now I'm used to it. It's doable. How bad to you want it?

  • @t.j.mueller--artfromabove1837
    @t.j.mueller--artfromabove1837 2 роки тому

    Amazing, Lance. Thank you!

  • @HDdarthduck
    @HDdarthduck Рік тому

    8:30am EST is an odd time to be checking for event catalysts since that's precisely when the major ones are released premarket: NFP, CPI, PMI, GDP etc.

    • @free322001
      @free322001 8 місяців тому

      Maybe... seems to work out well for him. $$$

  • @VOILAA
    @VOILAA 2 роки тому +1

    Good job on lowering the intro song!!!!!!!! Great content again

  • @zb3276
    @zb3276 2 роки тому +1

    Thanks, Lance. Great video.

  • @tr.j4079
    @tr.j4079 2 роки тому

    Anybody else noticed this video is a perfect loop?

  • @ayoutubewatcher7009
    @ayoutubewatcher7009 Рік тому

    what is a DRC, daily routine criteria?

  • @brentjudd7905
    @brentjudd7905 2 роки тому +1

    Dont fight the trend!! I struggle with that.

  • @hansen370
    @hansen370 2 роки тому +1

    It's so much easier to trade now that I'm single! I like your routine!

  • @MradulBajaj
    @MradulBajaj 2 роки тому

    where you read breaking news ; from which site 's

  • @simonlaniel6022
    @simonlaniel6022 2 роки тому +1

    That is a very nice videos guys. Great routine and great advice !

  • @Tradermiles
    @Tradermiles Рік тому

    I might have missed it but what does PTD Stand for ?

  • @crazyhead1588
    @crazyhead1588 Рік тому

    How can I trade the whole day the longer the stay in the market the more money I use the first hour I make the most money

  • @c.s.7273
    @c.s.7273 2 роки тому

    Thanks for your great content Lance. Appreciate it. Just wondering what you think about mindfulness practices?

    • @lancebreitstein7038
      @lancebreitstein7038 2 роки тому

      Prob very beneficial. But doesn’t need to be taken too seriously. A few mindful minutes before bed works for me.

  • @RoyBaron
    @RoyBaron 2 роки тому +1

    Taking a peaceful breather and walk around the block during Manhattan business hours lol

    • @smbcapital
      @smbcapital  2 роки тому

      haha, Lance was trading in Chicago but I'd imagine similar to NYC

  • @Ben-iq3dv
    @Ben-iq3dv 2 роки тому

    Highly Recommend Dr. Steenbargers "Trading Psychology 2.0" on the topic of trading routines. Brett covers 50 or so best practices of professional, successful traders.

  • @KT-zx9jr
    @KT-zx9jr 2 роки тому +1

    Good clip, thanks Lance.

    • @Eric-jk3oi
      @Eric-jk3oi 2 роки тому

      @whats🄰pp+𝟏𝟖𝟒𝟓𝟐𝟏𝟐𝟕𝟑𝟗𝟖 I was taking a st**, God damn You know Popeye's chicken's good but don't know but that good. You know what I'm saying like it makes me blow out the toilet which is okay but god damn sometimes im in there ripping ass. God damn damn sometimes like chewing bubble gum and ripping ass and I'm all out of bubble gum. GOD DAMN

  • @dkct2010
    @dkct2010 9 місяців тому

    very good advice thanks a lot

  • @Hawkinz
    @Hawkinz 2 роки тому

    Thanks so much, Lance

  • @gilarama942
    @gilarama942 2 роки тому +1

    Hey,wanted to ask how many stocks you have on your watchlist daily approximately?

  • @HEC892
    @HEC892 Рік тому

    Great video thank you

  • @raz3032
    @raz3032 2 роки тому

    Can you provide your numbers like avg nr of trades made daily, price range you trade, nr of hours a day you trade, win rate, avg profit and loss per trade etc.

  • @djreinaazteca
    @djreinaazteca Рік тому

    Thank you for this

  • @tomlee6263
    @tomlee6263 2 роки тому

    Thanks 👍

  • @vi165
    @vi165 2 роки тому

    Being professional coach in soorts i can tell that this is high quality athletes routine . Super professional. But as a trader I am personally feel like i dont know how to learn , in this business not everybody will teach you … and as professional as i can be … i still dont know how to really study and how really to improve , unfortunately… i wish you could give me few tips ..

  • @guyfromthai8746
    @guyfromthai8746 2 роки тому

    Thanks for shearing

  • @krollic
    @krollic 2 роки тому +1

    i'm on page 30 of atomic habits right now

    • @lancebreitstein7038
      @lancebreitstein7038 2 роки тому +1

      Lmk what you think! Wish I could Re-read it again for the first time :)

  • @chr971
    @chr971 2 роки тому

    Hi Lance, isn't 30 mins very less for checking your stocks, their technical levels and setting alerts? I am struggling to cover everything before market opens even when tried to allot an hour for this activity

    • @lancebreitstein7038
      @lancebreitstein7038 2 роки тому +4

      Not for me after doing it a zillion years. Your mileage may vary!

    • @chr971
      @chr971 2 роки тому

      @@lancebreitstein7038 haha true!

  • @andycoussens3131
    @andycoussens3131 2 роки тому

    What is DRC?

  • @bigtehno-blog9445
    @bigtehno-blog9445 2 роки тому

    Thanks

  • @AmsNl2BcnEs
    @AmsNl2BcnEs Рік тому +1

    I don’t know why he needed someone else to introduce him on his own video?

  • @cesar_candanozah
    @cesar_candanozah 7 місяців тому

    Awesome !

  • @bartbtsful
    @bartbtsful 2 роки тому +1

    Powerful!

  • @martinpetersen3187
    @martinpetersen3187 2 роки тому

    DRC? What’s that?

  • @vangilanteryan713
    @vangilanteryan713 2 роки тому

    Good stuff.

  • @ryansm3417
    @ryansm3417 2 роки тому +1

    I was expecting at least some reference to ritual animal sacrifice, but ok, perhaps that's no longer "PC."

    • @lancebreitstein7038
      @lancebreitstein7038 2 роки тому +3

      Bella told me the goat sacrifice wasn’t allowed :(

    • @free322001
      @free322001 8 місяців тому

      @@lancebreitstein7038 Bella lied.

  • @PortCapital
    @PortCapital Рік тому

    Got it, avoid alcohol but coke is recommended.

  • @oceanblue2386
    @oceanblue2386 2 роки тому

    @Mike, when are you going to get some face tattoos? Like Mike Tyson! Or maybe "SMB" on the forehead 🤣

  • @blessingm7530
    @blessingm7530 5 місяців тому

    Value

  • @jameswatt8841
    @jameswatt8841 Рік тому +1

    Whoa ohhh wo oh oh oh

  • @Babyscalps
    @Babyscalps 27 днів тому

    I need to be more disciplined

  • @imatthewryan4076
    @imatthewryan4076 2 роки тому

    Top G sh*t

  • @hasa4628
    @hasa4628 Рік тому

    trust me don't trade 99% chance u will lose. invest in stocks

    • @free322001
      @free322001 8 місяців тому

      And who are you? This guys does NOT lose.

    • @hasa4628
      @hasa4628 8 місяців тому

      @@free322001 no one

  • @furself114
    @furself114 2 роки тому

    Bunch of pikers

  • @ScalperSpecltr
    @ScalperSpecltr 2 роки тому

    All these daily habits videos are useless for people with kids. So guys be realistic please and make some useful content for us.

    • @lancebreitstein7038
      @lancebreitstein7038 2 роки тому

      Or you use your noggin and put the effort in to adapt the routine and concepts to your own constraints ;)