The 6 Trading Rules I Learned From 1 Year of Losses

Sdílet
Vložit
  • čas přidán 6. 09. 2024

Komentáře • 148

  • @smbcapital
    @smbcapital  Před 9 měsíci +8

    SMB Capital Trading Workshop tinyurl.com/yjxccx46

    • @rakeshsolanki2342
      @rakeshsolanki2342 Před 9 měsíci

      I m trading for couple of years continuously, not successful, but I m working on my unique small time frame scalping with risk management with high levarage strategy...hope all goes well....any way I really want to join SMB...I'm basically forex, indices and commodity trader......

  • @tonysilke
    @tonysilke Před 9 měsíci +432

    With so few stocks driving up the latest rally and the majority of "traders" looking to "get rich quick" as the shin comes off those profits, it's time to realize "you'll never go broke taking profits." Buffett is also selling! I'm still uncertain about selling my $200k portfolio, considering its recent significant decline.

    • @Dannyholt33
      @Dannyholt33 Před 9 měsíci +1

      Don't sell; avoiding trying to time the market and incurring unnecessary taxes. Stay grounded and focus on the long term!

    • @PatrickLloyd-
      @PatrickLloyd- Před 9 měsíci +1

      That's why I've entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My fiduciary crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to $700k, generating sufficient dividends for my household's needs.

    • @hankmarks69
      @hankmarks69 Před 9 měsíci +1

      Hey there, my retirement portfolio has been underperforming recently, and I'm considering a strategy change with the help of an advisėr. Is it possible to get in touch with your advisėr?

    • @PatrickLloyd-
      @PatrickLloyd- Před 9 měsíci +1

      'Vivian Carol Gioia' deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online if you are internet-savvy.

    • @hankmarks69
      @hankmarks69 Před 9 měsíci +1

      Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

  • @Jennyuk1
    @Jennyuk1 Před 9 měsíci +410

    Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

    • @Kimdavid109
      @Kimdavid109 Před 9 měsíci

      It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.

    • @Lettyogle
      @Lettyogle Před 9 měsíci

      Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.

    • @gracegomez109
      @gracegomez109 Před 9 měsíci

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @Lettyogle
      @Lettyogle Před 9 měsíci

      LINDA PEREZ LEWIS
      That’s my licesed Financial advisor you can easily look her up, Thank me later!

    • @gracegomez109
      @gracegomez109 Před 9 měsíci

      Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.

  • @jprivasb
    @jprivasb Před 9 měsíci +12

    I am a living and walking proof of the SMB process, specifically of Justin's teachings and coaching. He is a great trader and one of the best trading coaches I have seen in the industry. I am the trader I am today because of Justins's guidance. Thanks to his mentoring, I am a profitable trader. Even at my stage, I still seek his advice and recommendations, like those in this video.
    Trading is a challenging but rewarding profession. Trying to do this alone is insane. Every professional athlete in any discipline has a coach, and trading is no different. Justin has been mine, and I will continue to seek his guidance until I stop trading. There are more Coaches at SMB, and I bet you all have the pros and cons, but one thing is for sure: a great Firm is backing up them full of resources that will help you at any time, at any stage of your trading career. Thank you, Justin and SMB.

  • @ericstone4624
    @ericstone4624 Před 9 měsíci +69

    Thank you Justin. Always good to be reminded of simple but important concepts and rules.

  • @sam229a
    @sam229a Před 8 měsíci +5

    Justin’s trading rules
    1. Using the correct stop. 2:32
    2. Avoid “death” by 1000 cuts via the 3 strikes rule. 4:33
    3. No Trading Midday. 6:28
    4. Trading in the direction of VWAP. 8:35
    5. Setting Price alerts. 11:17
    6. Only trading stocks in play. 12:22

  • @christopherk7920
    @christopherk7920 Před 9 měsíci +3

    a) Know when to get out before you even get in b) do not take another trade until the current one has SL at BE has changed much of how I trade the FX mkt. The 3 strikes rule is a way to prevent you from over and/or revenge trading. Wonderful advice there and thank you

  • @guillaumerosselet1303
    @guillaumerosselet1303 Před 9 měsíci +7

    Trade the direction of the vwap. I do the same with the 50SMA always trade in its direction regardless how enticing reversal opportunities may be.

  • @sanfrantrader
    @sanfrantrader Před 9 měsíci +12

    Absolutely love the B-Roll footage of the traders actually trading while they speak. Much more of that please!

  • @howiesoc17
    @howiesoc17 Před 9 měsíci +6

    The 'no trading during mid-day lull' is a big one. Trying to hop on a market move doesn't work nearly as well with the low volume during lunch. I find myself overtrading and getting beat up by the bid/ask spread more often than not. Even when I squeeze some profit out of lunch, it is rarely worth the time and mental strain required to do it.

  • @322dawgg
    @322dawgg Před 9 měsíci +48

    After a rally that defied high interest rates and recession calls, stock valuations are now edging toward levels seen before some of the greatest market meltdowns in history My portfolio has been dwindling despite the S&P 500 doing well. It's frustrating. About 30% of my $580K portfolio has been lost in 4 months. How do I turn this around?

    • @loud9090
      @loud9090 Před 9 měsíci +2

      In my books not your fault, the stock market seems to be more of a casino for gamblers now than a place for investors.Its your duty to properly research, buying now does not guarantee a rebound

    • @Marthas-r4c
      @Marthas-r4c Před 9 měsíci +1

      Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now and I made over $800K from an initial 450K since Q2

    • @Defisher
      @Defisher Před 9 měsíci +1

      How do I find this financial counselor ?

    • @Marthas-r4c
      @Marthas-r4c Před 9 měsíci +4

      I've shuffled through a few advisors in the past, but settled with 'Nicole Desiree Simon' her service is exemplary. I'd suggest you research her further on your browser, sure you'll find her basic info.

    • @Defisher
      @Defisher Před 9 měsíci

      Thank you for this tip. it was easy to find your mentor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

  • @entrepreneurialjunkie
    @entrepreneurialjunkie Před 9 měsíci +1

    After reading The Playbook, I'm doing all of this now. Love all of the real, factual educational content! You've helped me tremendously.

  • @anthonynewgent8004
    @anthonynewgent8004 Před 9 měsíci +2

    I wish I were a young man again. This is what trading is about. Justin thanks for laying it on the line.

  • @TBradFashionModel
    @TBradFashionModel Před 9 měsíci +2

    setting alerts is a must.....

  • @rnas2621
    @rnas2621 Před 9 měsíci +2

    Another outstanding analysis from Justin. He delivers the best presentations on this channel.

  • @MrGchiasson
    @MrGchiasson Před 8 měsíci

    Did the same thing...'bottomed out' and stopped trading for a year..
    So...studying methods..as you describe...will begin trading again in a month.
    Great 'info-video'.

  • @thealternativecontrarian9936
    @thealternativecontrarian9936 Před 9 měsíci +2

    You created some rules that are common and disciplined and recommitted yourself. Nice work.

  • @_MTFA
    @_MTFA Před 9 měsíci +5

    I have ran data for 3 years now and traded my strategy for about 2 with good success. Though I find I am by far my worst enemy. I will have a good 2 week run on winning trades and often get complacent and see a set up that has just 1 of my rules unmet and bam I take a hit. The data of my strat is very good with a very high hit rate when one appears "though not every day". I feel like I have done all the work yet lack one key trait. Discipline, more specifically long term discipline. I dont care much about the money trading offers for me its more that I want to see my personal progression in this Journey

  • @sohailhines
    @sohailhines Před 9 měsíci +5

    Always enjoy content from SMB Capital but this one was especially valuable and relatable. One question (please) - what's the exact anchor point (time) from previous day? Thank you.

  • @cal4865
    @cal4865 Před měsícem +1

    Forgot about $LYFT tomorrow might be another $UBER 3M out! Size November options in my opinion!

  • @DeltaScalper
    @DeltaScalper Před 9 měsíci +1

    What is the company good for if trader has to figure the whole thing out on his own ?

  • @DayTradeWithSam
    @DayTradeWithSam Před 9 měsíci +9

    All these guys you bring on always speak about the same thing. Use a stop loss, trade what’s in play and etc…. But none of this matter if you are not thinking correctly about trading. They way you think will determine your equity curve. Understand that every price movement is completely random. There is no way to 100% predict the next move up or down. Same thing goes with your next trade. There is no way to know if it will work or fail. All we can control is our stop loss and profit taking. Make your position size ,stop loss and profit target predefined and I Guarantee You that you will find the result’s your looking for.

  • @billymoore1795
    @billymoore1795 Před měsícem +1

    $CYBR earnings 8/8 morning strong possibility to beat!!! Would buy @Open tommorow!!

  • @KT-zx9jr
    @KT-zx9jr Před 9 měsíci +1

    Nice clip Mike and Justin.. Clean. Hope you are well. Awesome "risk on" day today. Thanks.

  • @cal4865
    @cal4865 Před 29 dny +1

    I’m liking $PODD to beat earnings today what u think!!🤔 could do a $LLY risky though!

  • @apathyreview3964
    @apathyreview3964 Před 9 měsíci

    Algo trader here. 90 percent of most firms volume is from algo trading. Just wondering if it's the same with you guys.

  • @cal4865
    @cal4865 Před měsícem +1

    $C is way below the lower Bollinger band Strong Buy Now after next earnings 11/15 calls in my opinion!!! It can’t stay there!!!

  • @billymoore1795
    @billymoore1795 Před měsícem +1

    $ULTA 9/16 with size in my opinion !!! Calls

  • @yoginacharya2150
    @yoginacharya2150 Před 9 měsíci +1

    Thank you for sharing. Awesome job Justin👏

  • @leandrosilva6414
    @leandrosilva6414 Před 3 měsíci

    Loving this videos! So much great info here! Thanks SMB!

  • @silentbullet2023
    @silentbullet2023 Před 9 měsíci +1

    Thank you taking the time to enlighten us.

  • @cal4865
    @cal4865 Před měsícem +1

    $DDOG earnings morning calls might run today!!

  • @helloworld6330
    @helloworld6330 Před 9 měsíci +7

    I think we have a poet here. A writer career could have been even more epic 😊

    • @danielgarrett4230
      @danielgarrett4230 Před 9 měsíci +3

      Well said. Never seen someone try so hard to not look like their reading a teleprompter.

    • @Josh-Jones
      @Josh-Jones Před 9 měsíci +1

      ​@@danielgarrett4230
      "they're" .. if you're going to insult someone giving out free information that you could benefit from, at least insult them with correct spelling and grammar.

    • @rnas2621
      @rnas2621 Před 9 měsíci

      Who are you referring to? If Justin, he would be referring back to his own notes, not someone else's. What's the point of memorizing all that someone wants to share in a presentation. Wouldn't it be more benefitial for the listener/audience if the presenter followed their bullet points/outline, to make sure they've covered all they intended to share?

  • @lightofmylife1616
    @lightofmylife1616 Před 9 měsíci +1

    what is the reasoning behind only trading stocks in play? Do the HFT machines shut off only when the stock has elevated volume?

  • @mehmetpark
    @mehmetpark Před 5 měsíci

    Really good advices, they definitely resonate with me. Thank you

  • @juaneknath14
    @juaneknath14 Před 9 měsíci

    very useful and helpful video thank you I am still learning in the nusantara fx community

  • @cal4865
    @cal4865 Před měsícem +1

    $Coin beat today aftermarket in my opinion

  • @cal4865
    @cal4865 Před měsícem +1

    Last play $SMCI back to 1000 earnings 8 Days not calling plays from pre market but a scan I developed!!!

  • @cal4865
    @cal4865 Před 29 dny +1

    $TKO beat could get some juice after open!!!

  • @cal4865
    @cal4865 Před měsícem +1

    $DIS bottom tip : Go out after next earnings today with 50M !!!

  • @leeles
    @leeles Před 9 měsíci +1

    Thank you for sharing your experiences and insights, Justin. This is very helpful and well-explained.

  • @TheBlueskyson
    @TheBlueskyson Před 6 měsíci

    Hi crew. is VWAP useful on higher time frames such as Daily and 4 hour? ty 4 interesting vid. Good job Justin

  • @MrSmokinBeats
    @MrSmokinBeats Před 9 měsíci

    Fantastic video, towards the end Justin mentions another video and in the top corner it pops up Title Most Important Trading Skill. I cannot find this video, or see a link to it on the screen. Confused after a long day trading. But like everyone else love the content SMB provide, so thank you very, very much, all of you at SMB...

    • @smbcapital
      @smbcapital  Před 9 měsíci +2

      here is the video: czcams.com/video/edbzOXsdb8M/video.html

    • @MrSmokinBeats
      @MrSmokinBeats Před 9 měsíci

      Super thank you, I will watch it when I finish for the day..@@smbcapital

  • @oceanwave4142
    @oceanwave4142 Před 7 měsíci

    Why do you not trade something more scalable like the indices or gold?

  • @AlanTrades
    @AlanTrades Před 9 měsíci +1

    3 trades 3 chances works for me, thanks pdt!

  • @chilatelover
    @chilatelover Před 9 měsíci +1

    Thank you Justin and SMB. Notes taken. Between this and Lance's videos I'll be going platinum soon

  • @christopherbrooks5206
    @christopherbrooks5206 Před 9 měsíci

    Love trading spx

  • @jameslinmd
    @jameslinmd Před 9 měsíci

    Only losing the first year of trading? You are ahead of most newbie traders.

  • @theccieguy
    @theccieguy Před 4 měsíci

    Thanks.

  • @Amwatson801
    @Amwatson801 Před 9 měsíci

    Glad to see Justin back and looking forward to a continuation of the bar-by-bar series!

  • @blackmancer
    @blackmancer Před 9 měsíci

    Thanks for the knowledge!
    Also.... VWAP... really... :)

  • @Juandinggong
    @Juandinggong Před 9 měsíci

    I have hit the rock bottom!! I do one good day and three terrible days!!

  • @richardnisaf3062
    @richardnisaf3062 Před 8 měsíci

    😮,thx for this information

  • @prettybrwneyez7757
    @prettybrwneyez7757 Před 9 měsíci +1

    This was great! Thank you ❤

  • @thecaptain3068
    @thecaptain3068 Před 9 měsíci +1

    Sounds like a days of our lives drama tv show.

  • @reallyeasy5088
    @reallyeasy5088 Před 9 měsíci +3

    I love this channel

  • @cal4865
    @cal4865 Před 29 dny +1

    $GPN Strong Buy today after earnings November options!!! 25M in my opinion!!!

  • @cal4865
    @cal4865 Před měsícem +1

    Banks today in play $GS $JPM

  • @MichaelChean
    @MichaelChean Před 9 měsíci +2

    Great video!

  • @bossman1958
    @bossman1958 Před 9 měsíci +3

    First like first comment !

  • @cal4865
    @cal4865 Před měsícem +1

    Buying $PINS at these levels 1/17/25 50M

  • @mintech1000
    @mintech1000 Před 9 měsíci +1

    so happy for you Justin

  • @andrewjankowski5153
    @andrewjankowski5153 Před 9 měsíci +1

    ❤ you bella

  • @cal4865
    @cal4865 Před měsícem

    $MDB $WM potential upside!!

  • @jopronyc837
    @jopronyc837 Před 9 měsíci

    i could really work ms&b ? that would
    be life changing

  • @isaacgallarin6008
    @isaacgallarin6008 Před 9 měsíci +1

    Very interested in joining SMB! Will sign up! :)

  • @holfytempowerment5609
    @holfytempowerment5609 Před 9 měsíci +1

    Excellent content

  • @DougSmileyVirgo
    @DougSmileyVirgo Před 9 měsíci

    Treasury auctions happen during lunch break so big money is eating a burrito and monitoring the bond auctions.

  • @us00099
    @us00099 Před 9 měsíci

    uper or lower bnb ta best

  • @pcmendes1973
    @pcmendes1973 Před 9 měsíci

    The video link isn’t working

  • @MrSimonw58
    @MrSimonw58 Před 9 měsíci +2

    1 entire year of losing .... wow

  • @pmtix9819
    @pmtix9819 Před 9 měsíci +1

    damn yall are legit greatness. put me in coach!!

  • @orderflowdojo
    @orderflowdojo Před 9 měsíci +2

    Slap the bid and study the order flow 📉

  • @bpenguin
    @bpenguin Před 9 měsíci +1

    How are traders allowed to lose for a year straight at SMB of all places?

    • @ryugurena3327
      @ryugurena3327 Před 9 měsíci

      I think they start them off with small amounts of money

    • @connormcchicken5915
      @connormcchicken5915 Před 9 měsíci

      Also, are these guys on payroll?

    • @smbcapital
      @smbcapital  Před 9 měsíci +1

      traders are paid initially. None of the traders fund their own accounts. The firm does that for them

    • @bpenguin
      @bpenguin Před 9 měsíci

      no. My understanding is they have to do well to make money.@@connormcchicken5915

  • @cal4865
    @cal4865 Před měsícem +1

    $ABT $CL $TLT $TMF $KVUE potential calls in play!

  • @paul-ku
    @paul-ku Před 8 měsíci

    chat gpt generated text script, it sounds so boring

  • @sartajbhullar3782
    @sartajbhullar3782 Před 9 měsíci

    if someone knows how to make money they never disclose it to others . Simple as that

  • @ronaldogima8022
    @ronaldogima8022 Před 9 měsíci +1

    WOW Justins really focusing on them cue cards on the side really well on this fake story :( shame.

    • @JustinSperoSMB
      @JustinSperoSMB Před 9 měsíci

      It's 100% a true story and yes I'm reading from a script that I wrote. Thanks for watching!

  • @colincole7075
    @colincole7075 Před 9 měsíci

    You got four computer screens in front of you which you can't do that on a mobile phone 😂

  • @Optiontrader61
    @Optiontrader61 Před 9 měsíci

    1 year of losses. That's nothing. I'm way beyond 1 year of losses.

  • @adamcannon7776
    @adamcannon7776 Před 9 měsíci

    😅lol this video complicates trading and seems outdated, you can scalpe the 1 min or 5 using basic price action/ smart money principles and as long as you stick to a proper RR kill it

  • @PAYDAYHEDGE
    @PAYDAYHEDGE Před 9 měsíci

    is he reading out of a script

  • @MrJustoverissimo
    @MrJustoverissimo Před 9 měsíci

    Hahahahahah 😂

  • @BagHolder323
    @BagHolder323 Před 7 měsíci

    Why do these guys always read from a teleprompter? Tell us in your own words. # nocred

  • @Kiwi_Dave
    @Kiwi_Dave Před 9 měsíci

    Not very convincing any of this is true when he is just reading a script.

  • @tbremard
    @tbremard Před 9 měsíci

    This speach presented as testimonial, is just smelling 200%non authentic and 100% hidden marketing promotion for their workshop targeting poorly educated retailers

  • @angisworld8129
    @angisworld8129 Před 9 měsíci +1

    This actor needs to read his skript ----- zzzzzz

  • @cal4865
    @cal4865 Před měsícem +1

    $EW $LW $CMG $SWK $JPM

  • @cal4865
    @cal4865 Před 29 dny +1

    $GLD $NICE $BABA $BIDU $AMAT : Watching today!!

  • @cal4865
    @cal4865 Před 29 dny +1

    Possible earnings beat in morning $EVRG $LEGN $SATS $AMRX $PGY !!!

  • @cal4865
    @cal4865 Před 25 dny +1

    $GNTX $RAMP $TME $CVS $HAE $MSGS

  • @Jaysnipes
    @Jaysnipes Před 9 měsíci +1

    Great video! 🎯