TheOneLanceB Trading Podcast

TheOneLanceB Trading Podcast

By Lance BreitsteinBusinessInvesting
Download on the App Store

TheOneLanceB Trading Podcast episodes

  • What Sets SMB Capital’s Top Traders Apart (& What You Can Copy)

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    Big thanks to Mike Bellafiore (Co-founder of SMB Capital) and Jeff Holden (Head of Trader Development @ SMB Capital) for joining me to talk about what makes elite traders so great! In this video, we discuss the Trading Journeys for some of SMB Capital’s top up-and-coming traders and analyze some of the traits that make them so exceptional.


    ✅ 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

    ___________________________

    🎥 I suggest you watch these next:

    https://youtu.be/D2P-0xh6aEM

    https://youtu.be/62qSFeXa9z0

    https://youtu.be/FHo1qxHRG98

    https://youtu.be/H01JbbEY7ac

    ___________________________

    ABOUT ME


    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

    ___________________________

    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/


    Chapters:

    00:00 What Makes Elite Traders So Good?

    00:34 Stephen H: The power of intense practice

    16:52 Nano + Arman: Mentoring on edge is vital

    30:15 Graham: Talent matters

    45:46 Brandon S: Daily Micro-actions Drive PnL




    #trading #tradingpsychology #tradingstrategies #tradingpodcast #lance #lanceb #lancebreitstein #mikebellafiore #smb #smbcapital #jeffholden #tradingtraits #tradertraits #tradingpodcast #tradingeducation #tradingtraining

    1 hr
  • How Shark Became the #1 Trader at SMB Capital

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    Today I’m interviewing Kenny Sharkness aka Shark, the #1 Trader at SMB Capital. Shark is an elite trader now, but when he was a trading beginner, he knew next to nothing. We cover how Kenny got started at SMB Capital, how he survived six-figure trading drawdowns, and we discuss some of his legendary options trading strategies that made him one of the best traders I know.


    ✅ 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

    ___________________________

    🎥 I suggest you watch these next:

    My other Podcast Episodes: https://www.youtube.com/playlist?list=PLdPbJ9p2Ao9sACNyEhgDO0sMgAC-WCTyR

    My Top 10 Trading Lessons for 2026: https://youtu.be/2EBJxiRwGGk

    How to Perform an Annual Trading Review: https://youtu.be/KvH7MtRzGb4

    ___________________________

    ABOUT ME


    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

    ___________________________

    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/


    Chapters:

    00:00 Who Is Kenny Sharkness?

    01:11 How Did Kenny Get Into Trading

    07:28 Kenny’s Elite Mental Game

    10:04 How Did Kenny Initially Find His Trading Edge

    11:33 How Did Kenny Scale Up

    15:20 Kenny’s Biggest Loss

    19:43 How Kenny Went Next Level

    27;40 Kenny’s Option Strategies

    37:43 How Kenny Dealt With a Big Trading Drawdown

    42:14 Balancing Family + Trading

    48:02 Asking the Right Questions

    50:04 Expanding Your Trading Playbook


    #smbcapital #smb #optionstrading #kennysharknessmb #kennysharknessrader #kennysharknesinterview #howtobecomeaprofitabletrader #optionstradingstrategies #optionstradingstrategy #tradingoptions #tradingpsychology #tradingpodcast #daytrading #proprietarytrading #proptrading #riskmanagement #tradingdiscipline #marketvolatility #professionaltrader #tradingeducation #tradingmentorship #derivativestrading #impliedvolatility #optiongreeks #tradingperformance #profitabletrading #traderinterview #tradingtechniques #tradingmindset

    57 min
  • This Right Side of the "V” Trading Strategy Made Me Millions

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    The Right Side of the V is one of my favorite trading strategies. Too often, traders try to buy the dip and time the bottom, only for the stock to keep on dipping. The Right Side of the V concept focuses on waiting to see a clear reversal of the stock. In my experience, this confirmation increased my win rate, which allowed me to increase my trade size and make even more money. This video covers what the concept is and how I use it in my 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:

    Copy My Trading Report Card That Made Me $100 Million: https://youtu.be/vKy6Q9hwon4

    This Trading Concept Made Me One of the Best (Bobblehead Method Explained): https://youtu.be/fpwQd__kGSQ

    The Trade Sizing Strategy that Made Me Millions: https://youtu.be/eDdpTNB04ws

    Your Biggest Trading Challenges (and My Solutions to Them): https://youtu.be/FglEMWycX9Q

    What is Expected Value: https://youtu.be/F-ZktuFvk0E

    ---------------------------------------------

    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

    ---------------------------------------------

    Chapters:

    00:00 Right Side of the "V"

    00:25 How Right Side of the "V" Works

    01:53 The Left Side of the "V"

    02:23 After the Turn

    05:08 Applying the trading strategy to other patterns


    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

    9 min
  • The Anchored VWAP Edge Most Traders Never Discover

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    Anchored VWAP (AVWAP) is a trading indicator that was popularized by my good friend Brian Shannon. This video covers how I use Anchored VWAP as part of my trading strategy, what traders get wrong about Anchored VWAP, and how you can use it to help yourself become a better trader!

    ✅ 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

    Why Fibonacci Doesn't Work: https://youtu.be/FHo1qxHRG98

    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

    ---------------------------------------------

    Chapters:

    00:00 What is Anchored VWAP

    01:13 Benefits of Anchored VWAP

    05:17 VWAP vs Anchored VWAP

    05:33 How I Use Anchored VWAP

    8:02 How to Use Anchored VWAP Yourself

    8:41 Anchored VWAP Takeaways

    --------------------------------------------

    -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/

    #vwap #avwap #anchoredvwap #swingtrading #trading #lancebreitstein #daytrading #stocks #finance #stockmarket #tradingeducation

    10 min
  • Insights for Trading & Life Featuring Dr. Jonathan Katz (Elite Trading Psychologist)

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    Wide-ranging convo with Dr. Jonathan Katz, psychologist to some of the top hedge funds & traders in the world.

    More info on him can be found at: https://www.hpa3.com/jon.htm✅

    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:

    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

    ---------------------------------------------

    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/


    Chapters:

    00:00-04:00 Dr. Katz’s Background

    04:00-07:00 What to Look for in Trading Coaches

    07:00-15:00 What Made Lance & Elite Traders So Great

    15:00-29:00 The Comparison Game & Trusting the Process

    29:00-32:40 Handling Tilt

    32:40-35:30 Importance of Sleep

    35:30-41:50 Dealing with Losses

    41:50-44:20 Avoiding Burnout

    44:20-54:00 Handling Interpersonal Conflict

    54:00-59:00 Psychology of Money & Happiness

    59:00-01:04:27 Closing Perspective


    Related topics:

    stock trading,lance breitstein,trading psychology,trading psychology tips,trading mindset,trading psychology book,trading strategy,trading discipline,trading podcast,trading tips,prop firms,day trader,trader mindset,lance b,dr katz,market wizards,lance breitstein strategy,trading,psychology of trading,traders podcast,trading psychology lecture,trading advice,trader,trading mindset lecture

    1 hr 5 min
  • Why You Shouldn’t Quit Trading…Yet

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    Here’s why you shouldn’t quit trading…yet. As someone who almost walked away from trading, I know how hard it is to become a profitable trader. I was at Trillium, a top proprietary trading firm for 2 years with every trading tool imaginable and incredible trading mentors, before I turned a profit. Then, over time, everything clicked and I went on to have a 15 year (and counting) trading career. So if you’re thinking of quitting trading…watch this.

    ✅ 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

    ___________________________

    🎥 I suggest you watch these next:

    How to Trade Full Time: https://youtu.be/38I-7tyBW2Y10 Trading Lessons for 2026: https://youtu.be/RgztJHUBRjE

    15 Years of Trading in 15 Minutes: https://youtu.be/27cXk34t1gI

    ___________________________

    ABOUT ME

    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

    ___________________________

    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/

    ___________________________

    RELATED TOPICS AND PODCASTS:

    lance breitstein, theonelanceb, trading, day trading, day trading strategies, how to start day trading, lance b, trading psychology, prop trading, trading mindset, trading discipline, profitable trading, trading education, trading strategies, professional trader, trading podcast, market volatility, trading performance, smb capital, trading techniques, how to become a profitable trader, trading motivation, trader failure, trading success, risk management trading

    12 min
  • What Alex Hormozi Taught Me about Trading (Every Trader Needs To Hear This)

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    Alex Hormozi, one of the top entrepreneurs in the world, taught me 4 lessons about trading! His principles for building companies apply perfectly to day trading, and as a Wall Street trader with over $100M in career profits, I realized his methods are exactly what profitable trading requires. In this video, I'm breaking down 4 core business lessons that directly impact trading performance, and how to apply these lessons to your own 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

    ___________________________

    🎥 I suggest you watch these next:

    Why You Shouldn't Quit Trading Yet: https://youtu.be/CXVNoBvjDpA

    What is a Trading Playbook: https://youtu.be/bKvEfCGJS4g

    ___________________________

    ABOUT ME

    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

    ___________________________

    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/


    Chapters:

    00:00 Trading Lessons from Alex Hormozi

    00:17 Lesson 1

    04:00 Lesson 2

    06:21 Lesson 3

    08:10 Lesson 4


    RELATED TOPICS AND PODCASTS:

    lance breitstein, theonelanceb, trading, day trading, day trading strategies, how to start day trading, lance b, alex hormozi, alex hormozi motivation, alex hormozi sales, alex hormozi productivity, alex hormozi lance breitstein, trading motivation, trading strategies, how to day trade, trading for beginners, stock trading, trading strategy, day trading for beginners, hormozi, alex hormozi interview

    13 min
  • The REAL Steps to Quit Your 9-5 & Trade Full-Time

    WATCH LATEST EPISODES ON YOUTUBE https://www.youtube.com/@TheOneLance


    If you want to learn how to day trade full-time, this step-by-step guide to trading full-time will explain what you need to prepare for a successful trading career. I’ll teach you how to become a full-time trader, without going broke, because trading full-time is one of the most rewarding careers, but it’s also incredibly hard to be successful. If you’re serious about Trading, this video’s for you.

    📝Join my trading course: https://theonelanceb.com/---------------------------------------------

    📱Follow my socials:

    X: https://x.com/TheOneLanceB Insta: https://www.instagram.com/TheOneLanceB

    ---------------------------------------------

    🎥 My other videos:

    What is a Trading Playbook: https://youtu.be/bKvEfCGJS4g

    This Trading Concept Made me One of the Best: https://youtu.be/fpwQd__kGSQ

    Your Biggest Trading Challenges: https://youtu.be/FglEMWycX9Q

    Use These Trading Edges to Stop Gambling and Start Trading: https://youtu.be/SUrlJ8xzTg4

    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 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 Be a Full-Time Trader

    02:27 Step 1

    03:01 Step 2

    04:22 Step 3

    05:00 Step 4

    05:22 Step 5

    05:43 Step 6

    06:04 Step 7


    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/


    RELATED TOPICS AND PODCASTS:

    Lance breitstein, trading, day trading, how to day trade, Full time trader, trading full time, how to trade full time, quit my day job to trade, how to trade, day trading for beginners, how to make money online, day trading course, trading strategies, can you be a full time stock trader, trading career, trading psychology, trading for a living, learn to day trade, trading for beginners, how to invest in stocks, swing trading, full day trading course, trading part time

    8 min
  • How I Made $10 Million in ONE Trade

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    This is the story of the time I made $10 million with the single biggest trade of my life. I’ll walk you through the preparation that went into understanding the trade setup, what made me take the trade, and most importantly, the biggest lesson I learned from the whole experience.

    ✅ 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

    ---------------------------------------------

    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/


    RELATED TOPICS AND PODCASTS:

    Lance breitstein, day trading, trading risk management, risk management trading, risk reward ratio trading, how to know how much to risk trading, mistakes to avoid in trading, trading, trading for beginners, swing trading, trading strategy, trading psychology, day trading for beginners, trading lessons, trading advice, learn to trade, risk management trading advice, trading mistakes, how to start trading, stock trading risk management, risk management in trading

    10 min
  • 15 Years of Trading Risk Management in 20 Minutes

    WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

    Without proper trading risk management, I wouldn’t have made $100M+ as a full-time trader. When you learn to trade, you have to learn trading psychology and trading risk management to be successful. This video will cover how I handle risk in my trading, how to calculate the risk-reward ratio before every trade, and mistakes to avoid in 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:

    How I Lost $2M in 1 Trade: https://youtu.be/5wxNwS-FtZQ

    The Art of Betting Big: https://youtu.be/tIB72PAeZLU

    ---------------------------------------------

    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---------------------------------------------

    Chapters:

    00:00 15 Years of Trading Risk Management

    00:31 Have a Daily Loss Limit

    02:09 Every Trade Needs a Stop Loss

    02:55 Never Let Goals Dictate Risk

    04:12 Never Be At Risk of Game Over

    05:35 Position Sizing

    07:20 Make the Most of Your Trade Setups

    08:37 Build a Drawdown Protocol

    09:18 Protect Your Mental Capital

    10:39 Risk Management = Iteration

    13:36 Expected Value Drives Decisions

    14:19 Beware of Shorting

    15:41 Never Risk So Much It Hurts Your Psychology

    16:40 Don’t Extrapolate Your Growth Linearly

    18:11 Build Systems That Enforce Discipline

    19:13 Risk Never Disappears


    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/


    RELATED TOPICS AND PODCASTS:

    Lance breitstein, day trading, trading risk management, risk management trading, risk reward ratio trading, how to know how much to risk trading, mistakes to avoid in trading, trading, trading for beginners, swing trading, trading strategy, trading psychology, day trading for beginners, trading lessons, trading advice, learn to trade, risk management trading advice, trading mistakes, how to start trading, stock trading risk management, risk management in trading

    21 min

About TheOneLanceB Trading Podcast

From the publisher's feed

I’m Lance Breitstein. I’ve been trading for over 15 years and made over $100m in profits (verified and profiled in the upcoming Market Wizards book). I sacrificed my health for wealth. And I regret nothing! 🤩