8-Figure Trader Shares Keys to Success - Lance Breitstein (Part 1)

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  • Опубліковано 7 лют 2025
  • WATCH PART 2 HERE 👉 • 8-Figure Trader Shares...
    Lance Breitstein shares his trading journey - from starting out to becoming an 8-figure trader setting the P&L record at his trading firm. Lance discusses trading psychology, common trading challenges, the path to trading success, performance optimization, the value of trading communities, and much more.
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    👉 Video Contents:
    1:34 Lance's Trading History
    5:43 Setting Expectations for New Traders
    15:35 Optimizing Trading Performance
    19:55 Trading Milestones
    26:36 The Path to Trading Success
    30:13 The Value of Positivity & Mindset
    37:36 Community, Mentors, & Relationships
    44:48 Common Issues in Trading
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    #daytrading #stockmarket #investorsunderground
    DISCLAIMER: These videos are for entertainment purposes only. We are not financial advisors, and these videos do not constitute financial advice.
    We aim to feature credible guests; however, any performance claims made by our guests are not independently verified by Investors Underground. Trading is risky. We encourage all viewers to do their own research and put the insights discussed through their own filters. You should never blindly follow another trader regardless of how much money they have made. Let the merit of ideas speak for itself.

КОМЕНТАРІ • 62

  • @investorsunderground
    @investorsunderground  Рік тому +2

    Join Investors Underground for trading education, watch lists, chat room access, stock scanners, and more. Discounts available at www.investorsunderground.com/youtube/

  • @nev53
    @nev53 2 роки тому +29

    'To reach this level, it's not bc I'm gifted, it's bc I'm putting that work in day in, day out, when it's slow, then it's active, on good days, on bad days.'

  • @aaronp4990
    @aaronp4990 2 роки тому +29

    Simple exercise for anyone struggling with overtrading: drive on the highway and ask yourself before you make any kind of lane change- Why? Force yourself to think. What condition has been met to justify this need for action? Then think, what sequence must I follow to complete this action safely? Then (and only then) execute your lane change. Ty for video Lance. 28:50 "Life is good.. if you want it to be good"

    • @shahsayid4840
      @shahsayid4840 8 місяців тому

      what happens if the road is empty lol just messing around mate xD

  • @pipbullz
    @pipbullz 7 місяців тому +3

    Thank you, Mr. Lance and Investors underground for this podcast.
    2 take aways from Lance B. are:
    1. Don't depend on others until you need to be.
    2. When thesis meet setup and price action that's when people do well.

  • @crazyandrea2000
    @crazyandrea2000 2 роки тому +12

    Lance is one of a kind, as a trader and as a person. So generous in sharing very personal details of his journey. A treasure cove for those who want to listen

  • @kaizenborntowin
    @kaizenborntowin 2 роки тому +6

    Thank you!
    21:10 Make hay while the sun is shining!
    27:20 Everyone should ask, "How can I add the most value to whichever (trading) community you are apart of?"

  • @intellectualdegen
    @intellectualdegen 2 роки тому +19

    Now he’s the guy that I’m trying to get 10% of his performance. Profitable for 2022 thus far. Started June 2019. 3 years in the journey. Just now starting to click. Thanks for this interview! Very inspiring to an up and coming retail trader trying to reach freedom from employment. Made more in June than my job paid me for the first time in my career. July has been slow so far but I’m patiently waiting to smash the good set ups only. In the past I would try to squeeze water from a rock and end up losing on crap set ups

  • @instructorcurioso
    @instructorcurioso 2 роки тому +4

    Great quote "i knew that I would work harder than everyone else". And he isn't saying that to brag or promote himself, he knows that he would, it's just true.

  • @beartapess277
    @beartapess277 2 роки тому +8

    The only different between Lance/Mike Bella/Nate from other FURUs is that they dont BS going around, they give specific explaination and example..Up to us to learn & implement with with hours of practice...GOAT

    • @intellectualdegen
      @intellectualdegen 2 роки тому +2

      It’s so interesting to me how few people even are aware of what trading actually entails. And the ones that are in the business (myself included early in my career) wouldn’t even take the advice of these guys. People watch and hear it. But when 9:30 rolls around and they’re in the trenches it all goes out the window lol

  • @alexromashyn4655
    @alexromashyn4655 2 роки тому +14

    This should be really good. Chat With Traders interview was great, reflected lots of great thoughts!

    • @traderlope1164
      @traderlope1164 2 роки тому +5

      Chat with traders is goated

    • @intellectualdegen
      @intellectualdegen 2 роки тому +1

      Ya they still have like 1-2 to release on chat with traders right? I don’t think they’re done with that 👍🏻

  • @vangilanteryan713
    @vangilanteryan713 2 роки тому +2

    This was awesome! Thanks for yalls time. Been meaning to come back and watch this.

  • @emetononso6746
    @emetononso6746 2 роки тому +3

    Lance Breitsein one of the greats

  • @Caspar0809
    @Caspar0809 2 роки тому +2

    Love this comment “how can I add the most value to your community, what is the value I add and how can I maximise that valued” also surround yourself with happy people and positive attitude. Negativity can cause bad mindset which then flows into your work and what you trying to accomplish. Positivity and Happiness is definitely a very strong attribute to possess - Time: 26:36

  • @randiaune5219
    @randiaune5219 2 роки тому +6

    Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

  • @instructorcurioso
    @instructorcurioso 2 роки тому +4

    47:25 this is the GOLD

  • @couloir1
    @couloir1 2 роки тому +7

    I love Lance! Can't wait for part 2.

  • @mgil3694
    @mgil3694 2 роки тому +2

    Wow! They'll teach me and give me the keys to complex and elegant life changing vehicles. I love these guys and what they're about!

  • @bibbidi_bobbidi_bacons
    @bibbidi_bobbidi_bacons 2 місяці тому

    👍👍👍👍👍👍 thank you so much Lance I really appreciate you.

  • @codfellaz
    @codfellaz 8 місяців тому +1

    14:55 The FASTEST Sustainable Way Of Smashing Big Numbers Consistently!!!

  • @Dayz3O6
    @Dayz3O6 2 роки тому +4

    He is right with the twitter type of people if you cant even do simple stuff and always rely on someone else to spoon feed you, trading is not for you and you're just there for the hope of get rich quick. This career require you to be proactive and one step ahead, it is like a chess game.

  • @instructorcurioso
    @instructorcurioso 2 роки тому +5

    Lance has great insight into people and personality

  • @fastjohnny2407
    @fastjohnny2407 2 роки тому +2

    17:30 When you are paired with the right people their is no way you are not better off. Lance & 💥IU is my crew

  • @homeless__cat
    @homeless__cat 2 роки тому +2

    This interview guy is a good interviewer

  • @JohnDoe-jn4ex
    @JohnDoe-jn4ex Рік тому +1

    Watching this video every day I trade. Love the positive vibes and they are the best.

  • @SF-fb6lv
    @SF-fb6lv 11 місяців тому

    47:00 (not thinking of P/L as $) I used to hang glide; we never thought of falling; I climbed some really big mountains: we were too busy to worry about falling; trading - I'm too busy watching the price action, the tape, the indicators to think about the actual dollars.

  • @joefeinstein6804
    @joefeinstein6804 Рік тому +1

    Great discussion

  • @khodler5551
    @khodler5551 2 роки тому +4

    Great interview! So much great information especially for new traders. Very inspiring to work a little harder 😉

  • @LostOneTrades
    @LostOneTrades 2 роки тому +2

    Looking forward to it 🤙🏼

  • @purple_mang0
    @purple_mang0 9 місяців тому +1

    thankyou :)
    - "they will need to pry this job from my dead body"
    - day trading doesn't always last forever. markets are always getting more efficient.
    - think, reflect, reinterate
    - you need to be free from the money. detatch.

  • @makincash3337
    @makincash3337 2 роки тому

    Great video both of you.

  • @diptidixit4
    @diptidixit4 2 роки тому

    When thesis meets set up and with price action make money … 👏👏👏👏👏👏👏👍👍👍🙏

  • @buildcharacter1
    @buildcharacter1 2 роки тому +3

    Inspiring 🙏

  • @timothydurham8932
    @timothydurham8932 2 роки тому

    @ 33:25 what hours are mandatory? can you describe what that schedule would look like?

  • @JohnEnergy2012
    @JohnEnergy2012 2 роки тому

    I'm so in line Lance... we could be best buds.

  • @makincash3337
    @makincash3337 2 роки тому

    How does one find a trader trainer?

  • @Billyonaire__
    @Billyonaire__ 2 роки тому +1

    Fire, thank you!

  • @TdawgTrading
    @TdawgTrading 2 роки тому

    Nice interview!

  • @ProGolfSwinger
    @ProGolfSwinger 2 роки тому

    What indicators does this guy use

  • @alimoda
    @alimoda 2 роки тому +2

    On point!

  • @andrewkelly8696
    @andrewkelly8696 2 роки тому +2

    Thank you for a brilliant interview every sentence has a lesson within it wish you every possible success moving forward much appreciated

  • @joegellert6159
    @joegellert6159 Рік тому

    does Lance open course trading school?

  • @kevngu7256
    @kevngu7256 Рік тому

    Lance love to learn about himself and people psychology

  • @alexleiser6100
    @alexleiser6100 2 роки тому +2

    Amazing :)

  • @BrussBowman
    @BrussBowman 2 роки тому

    Thesis meets pattern/setup meets price action............that's where people do well. #Yep

  • @scalpot
    @scalpot 2 роки тому

    Personal note:
    45:00

  • @OccuTrends
    @OccuTrends Рік тому

    Hello 👋❤

  • @kellya8425
    @kellya8425 9 місяців тому

    Who is Mike and Nate?

    • @investorsunderground
      @investorsunderground  9 місяців тому +1

      Mike Bellafiore from SMB Capital and Nathan Michaud from Investors Underground (this channel)

  • @hd9g
    @hd9g 2 роки тому +1

    The ending comment about following instructions is only great for new traders. The follow strictly by the book style will never work when reaching for new heights as a trader.

  • @bibbidi_bobbidi_bacons
    @bibbidi_bobbidi_bacons 8 місяців тому

    So his brother works as an investment banker

  • @makincash3337
    @makincash3337 2 роки тому

    Is twitter free?

  • @bibbidi_bobbidi_bacons
    @bibbidi_bobbidi_bacons 6 місяців тому +1

    What’s wrong with wearing a suit to work

  • @ajaymalik3089
    @ajaymalik3089 2 роки тому

    Gold Nuggets :)

  • @Redsoxman9991
    @Redsoxman9991 Рік тому +1

    The bell at the start of your video is so unnecessarily loud that killed my ear.

  • @fognua
    @fognua 2 роки тому

    Homie got the Zuckerberg vibe

  • @manuelschneider611
    @manuelschneider611 2 роки тому

    🤔 ƤRO𝓂O𝕤ᗰ