The First Step in Every Winning Trade (How to Find Expected Value)

The First Step in Every Winning Trade (How to Find Expected Value)

WATCH OUR LATEST EPISODES ON YOUTUBE - http://www.youtube.com/@TheOneLanceB Trading expected value tells you how likely you are to have a trading edge over a period of time, and it is non-negotiable to know this to become a profitable trader over time. This video covers how to calculate expected value and how to apply it to trading. ✅ Join my trading course ➡️: https://theonelanceb.com/ --------------------------------------------- 📱Follow my socials: X: https://x.com/TheOneLanceB Insta: https://www.instagram.com/theonelanceb --------------------------------------------- 🎥 Check out my other videos: My $100M Daily Report Card: https://youtu.be/vKy6Q9hwon4 15 Years of Trading in 15 Minutes: https://youtu.be/27cXk34t1gI My Bobblehead Trading Concept: https://youtu.be/fpwQd__kGSQ --------------------------------------------- If you’re new to my channel, my name is Lance Breitstein. I spent over a decade trading equities at Trillium, setting the record for the highest PNL in a single year as their Top Trader. I trained dozens of traders to become successes while managing Trillium’s Chicago office. With over $100m in verified profits, I now spend my time focused on turning good traders into greats and greats into GOATs. Advisor to SMB Capital and mentor of 7- and 8-figure PER YEAR traders. I am to be profiled in the next edition of Jack Schwager’s Market Wizards. The journey is never easy. Trading is one of the most difficult, but most rewarding jobs imaginable. I am here to help you on your path, wherever that leads you. May you want it bad enough to overcome any obstacles. -(The One) Lance B --------------------------------------------- Chapters:00:00 What is Expected Value 00:37 How to Calculate Expected Value 06:11 How to Apply Expected Value to Trading DISCLOSURE Information shared here is for educational purposes only. This is not investment or trading advice. Make your own independent decisions. Full terms: https://theonelanceb.com/terms-of-service/ #swingtrading #trading #lancebreitstein #daytrading #stocks #finance #stockmarket #tradingeducation #expectedvalue #probability #tradingstrategy

How to Handle Trading Drawdowns (Step-by-step process)

WATCH OUR LATEST EPISODES ON YOUTUBE - http://www.youtube.com/@TheOneLanceB Trading drawdowns are brutal. Not only do we lose money, but they also mess with our trading psychology and impact our trading. This video covers why trading drawdowns happen, how to handle trading psychology during drawdowns, and most importantly, how to bounce back without revenge trading. ✅ Join my trading course ➡️: https://theonelanceb.com/ 🐂 All free content is sponsored by Clear Street, my broker of choice! https://tinyurl.com/ClearSt-Lance --------------------------------------------- 📱Follow my socials: X: https://x.com/TheOneLanceB Insta: https://www.instagram.com/theonelanceb --------------------------------------------- 🎥 Watch these next: My $100M Daily Report Card: https://youtu.be/vKy6Q9hwon4 15 Years of Trading in 15 Minutes: https://youtu.be/27cXk34t1gI How I Lost $2M in 1 Trade: https://youtu.be/5wxNwS-FtZQ How Sleep Impacts Your Trading: https://youtu.be/L5C4vO-SH5w --------------------------------------------- If you’re new to my channel, my name is Lance Breitstein. I spent over a decade trading equities at Trillium, setting the record for the highest PNL in a single year as their Top Trader. I trained dozens of traders to become successes while managing Trillium’s Chicago office. With over $100m in verified profits, I now spend my time focused on turning good traders into greats and greats into GOATs. Advisor to SMB Capital and mentor of 7- and 8-figure PER YEAR traders. I am to be profiled in the next edition of Jack Schwager’s Market Wizards.The journey is never easy. Trading is one of the most difficult, but most rewarding jobs imaginable. I am here to help you on your path, wherever that leads you.May you want it bad enough to overcome any obstacles. -(The One) Lance B --------------------------------------------- Chapters: 00:00 How to Handle Trading Drawdowns 02:08 Regain Perspective 05:18 Stop Digging, Cut Size 06:26 Learn from the Loss 07:07 Set Guardrails 09:56 Drawdown Playbook 11:21 Double Down on Best Practices 12:02 Build Confidence Back 12:30 No Steps Backwards 13:21 Baby Steps 14:03 Dos and Don'ts DISCLOSURE Information shared here is for educational purposes only. This is not investment or trading advice. Make your own independent decisions. Full terms: https://theonelanceb.com/terms-of-service/ #swingtrading #trading #lancebreitstein #daytrading #stocks #finance #stockmarket #tradingeducation

The ChatGPT Trading Masterclass You Won't Find Anywhere Else (News | Options | Psychology)

Can you create a profitable trading strategy with ChatGPT? Many traders want to know how to day trade with ChatGPT and AI, and this video will cover how I use it as part of my trading strategies. From trading analysis to trading psychology, ChatGPT has a wide range of use cases for day trading. ✅ Join my trading course ➡️: https://theonelanceb.com/ 🐂 All free content is sponsored by Clear Street, my broker of choice! https://tinyurl.com/ClearSt-Lance --------------------------------------------- 📱Follow my socials: X: https://x.com/TheOneLanceB Insta: https://www.instagram.com/theonelanceb --------------------------------------------- 🎥 Videos you should watch next: My Trading Indicators Series: https://www.youtube.com/playlist?list=PLdPbJ9p2Ao9uG8rBMkw0kXlVtFfCSxpG0 Trading Report Card: https://youtu.be/vKy6Q9hwon4 15 Years of Risk Management: https://youtu.be/gb7nNveNBjg --------------------------------------------- If you’re new to my channel, my name is Lance Breitstein. I spent over a decade trading equities at Trillium, setting the record for the highest PNL in a single year as their Top Trader. I trained dozens of traders to become successes while managing Trillium’s Chicago office. With over $100m in verified profits, I now spend my time focused on turning good traders into greats and greats into GOATs. Advisor to SMB Capital and mentor of 7- and 8-figure PER YEAR traders. I am to be profiled in the next edition of Jack Schwager’s Market Wizards.The journey is never easy. Trading is one of the most difficult, but most rewarding jobs imaginable. I am here to help you on your path, wherever that leads you.May you want it bad enough to overcome any obstacles. -(The One) Lance B --------------------------------------------- Chapters: 00:00 How to Use ChatGPT for Trading 00:33 Trading Psychology 02:44 Analyze Trading Data 04:08 Trading Research 05:10 Understanding Trading News 06:35 Calculating Deltas DISCLOSURE Information shared here is for educational purposes only. This is not investment or trading advice. Make your own independent decisions. Full terms: https://theonelanceb.com/terms-of-service/ #aitrading #chatgpt #chatgpttrading #tradingbot #tradingstrategy #tradingpsychology #swingtrading #trading #lancebreitstein #daytrading #stocks #finance #stockmarket

How to Use Fibonacci Levels Like a Wall Street Pro

WATCH LATEST EPISODES ON YOUTUBE - ⁠⁠⁠⁠⁠⁠https://www.youtube.com/@TheOneLanceB [https://www.youtube.com/@TheOneLanceB] Most traders are using Fibonacci Trading indicator wrong versus how pro traders use Fib levels. Fibonacci retracements are one of the most popular trading indicators, and after looking at thousands of charts and backtesting, I learned how Fibonacci Retracement and Fibonacci Extensions work and whether or not they actually help traders. This video is probably not what you thought I was going to say, but it's important for me to cover why I don’t think Fibonacci's work, and the one use case where I think they can actually help with trading. ✅ Join my trading course ➡️: https://theonelanceb.com/ 🐂 All free content is sponsored by Clear Street, my broker of choice! https://tinyurl.com/ClearSt-Lance --------------------------------------------- 📱Follow my socials:X: https://x.com/TheOneLanceB Insta: https://www.instagram.com/theonelanceb --------------------------------------------- 🎥 Watch these next: Trading Indicators Playlist: https://www.youtube.com/playlist?list=PLdPbJ9p2Ao9uG8rBMkw0kXlVtFfCSxpG0 How to Use Anchored VWAP: https://youtu.be/D2P-0xh6aEM How to Use Trendlines: https://youtu.be/62qSFeXa9z0 --------------------------------------------- If you’re new to my channel, my name is Lance Breitstein. I spent over a decade trading equities at Trillium, setting the record for highest PNL in a single year as their Top Trader. I trained dozens of traders to become successes while managing Trillium’s Chicago office. With over $100m in verified profits, I now spend my time focused on turning good traders into greats and greats into GOATs. Advisor to SMB Capital and mentor of 7- and 8-figure PER YEAR traders. I am to be profiled in the next edition of Jack Schwager’s Market Wizards.The journey is never easy. Trading is one of the most difficult, but most rewarding jobs imaginable. I am here to help you on your path, wherever that leads you. May you want it bad enough to overcome any obstacles.-(The One) Lance B --------------------------------------------- DISCLOSURE Information shared here is for educational purposes only. This is not investment or trading advice. Make your own independent decisions. Full terms: https://theonelanceb.com/terms-of-service/#fibonacci #fibonaccitradingstartegy #swingtrading #trading #lancebreitstein #daytrading #stocks #finance #stockmarket #tradingeducation

The Trade Sizing Strategy that Made Me Millions

WATCH LATEST EPISODES ON YOUTUBE - ⁠⁠⁠⁠⁠⁠https://www.youtube.com/@TheOneLanceB [https://www.youtube.com/@TheOneLanceB] Your trading position size determines how much overall profit you can make! My Trading Strategy for winning big is based on increasing my trading size when I see the best trade setups.Proper Risk Management trading helps me bet big and win big, so if you want to know how to trade the stock market like me, learn how to size up trading positions when the trade setup is right. ✅ Join my trading course ➡️: https://theonelanceb.com/ 🐂 All free content is sponsored by Clear Street, my broker of choice! https://tinyurl.com/ClearSt-Lance --------------------------------------------- 📱Follow my socials:X: https://x.com/TheOneLanceB Insta: https://www.instagram.com/theonelanceb --------------------------------------------- 🎥 My other videos: Trade Sizing Interview with Kyle Williams: https://youtu.be/tIB72PAeZLU My $100M Daily Report Card: https://youtu.be/vKy6Q9hwon4 15 Years of Trading in 15 Minutes: https://youtu.be/27cXk34t1gI --------------------------------------------- If you’re new to my channel, my name is Lance Breitstein. I spent over a decade trading equities at Trillium, setting the record for highest PNL in a single year as their Top Trader. I trained dozens of traders to become successes while managing Trillium’s Chicago office. With over $100m in verified profits, I now spend my time focused on turning good traders into greats and greats into GOATs. Advisor to SMB Capital and mentor of 7- and 8-figure PER YEAR traders. I am to be profiled in the next edition of Jack Schwager’s Market Wizards.The journey is never easy. Trading is one of the most difficult, but most rewarding jobs imaginable. I am here to help you on your path, wherever that leads you. May you want it bad enough to overcome any obstacles.-(The One) Lance B --------------------------------------------- DISCLOSURE Information shared here is for educational purposes only. This is not investment or trading advice. Make your own independent decisions. Full terms: https://theonelanceb.com/terms-of-service/#tradesizing #trading #lancebreitstein #daytrading #stocks #finance #stockmarket #tradingeducation #riskmanagementtrading