Podcast
B The Trader
Hosted by Alex B · EN
Sharing my trading journey and interviewing successful traders along the way to help you learn and become a more profitable trader!
23episodes
Episodes
Newest firstAll episodes
These Two Losers Made Millions by Understanding This RULE
Dec 1000:29:55Tap to summarizeGet 3 Free Months of Trading Software, 100 Days Of FREE Commissions & 33% off commissions FOR LIFE with My Preferred Broker! FREE Trading Journal (stop paying for online journal) In today's episode, I'm joined by Russel and Tyson. Not only are they great friends of mine, but they're also some of the best traders I know, having over 40 years of combined trading experience. Today we sat down to share some truly unique stories and insights that we've learned over our respective trading careers. Beginner trader, or trading veteran, I promise there's something in this episode for you. Check it out. Russel
Transcribe →Wall Street Millionaire Reveals the Worst Advice He's Heard
Jan 16, 2023Tap to summarizeWelcome back to another episode featuring millionaire Wall Street trader, Lance Breitstein. In life, people are quick to give advice; however, the quality of it can vary. Hearing someone's advice can create pivotal moments and serve as a significant lesson. On the other hand, some advice serves as a learning lesson on what not to follow. Join us on Lance's rooftop as Lance shares the best and worst advice he has received. Lance is an individual full of wisdom so this is an episode you will not want to miss! 🎁 ENTER GIVE AWAY! bit.ly/3GoPyw7🎁 Lance's Charity Organization - https://impactcompetition.org/ https://mobile.twitter.com/impact_comp?lang=en Follow Lance on Twitter - https://twitter.com/TheOneLanceB TraderSync - Track your trading performance and become a better trader TraderVue - Tradervue Trading Journal - Journal, Analyze, and Share your trades 🎁 Join Our FREE Community- Join the BTheTrader Lounge Discord Server! 📉 My Trading Platform TradingView – Track All Markets 🖥️Stock Scanners & News feed:BenzingaPro - Benzinga Pro | Fast Stock Market News Trade Ideas - Trade Ideas A.I. Actionable Intelligence, Informed Decisions 🔍Journaling Software Track your trading performance and become a better trader 🧧 Favorite Trading Books & Desk Setup - Alex B (@BTheTrader) gear • Kit 🧢 B The Trader Merch - https://bit.ly/BTheStoryMERCH
Transcribe →Trading Volume - Trading Tips
Jan 15, 2020Tap to summarizeDay trading seems easy at first, right? But soon you realize that you won't get too far just looking at the price chart alone. You also have to keep the volume dynamics in mind. Let's say we have a stock that's topped out. It's at $1.80 and it's creeping up to $2. It's obviously going to break the $2 mark, but you need confirmation before you enter the trade. That's where the volume chart comes in, that's your indicator. In this video, I describe 4 different volume dynamics as the stock hits a $2 mark: No change in volume. Because of the lack of interest, it goes back to $2 and holds there for a little bit. No volume means that no one is interested and it's unlikely that the stock will continue going up. Most probably, it will hold at $2 for just a few minutes and will break down soon. It breaks out with a huge volume - which is a great sign - and then goes up to $2.10, and then immediately goes back down with a huge volume too, maybe even below $2. That's a sign that there's a lot of sellers out there, and a lot of people took an opportunity to get out at a great price. It's a fakeout breakout. It breaks out with a huge volume and goes to $2.40, but you've missed it. At this point, you're better off missing it altogether rather than chasing it, because more times than not it's going to come back down. But keep an eye on volume: if it spiked at a huge volume and went down with a low volume, it means that there's still a lot of interest out there, and the stock will most likely go back up over time. If it breaks out at a mediocre volume, stays at $2 for a half-hour and then picks up more volume, that's an indicator to get in as the price will most likely go up. Volume represents interest. It describes the supply/demand curve that constantly effects the price of the stock. It also describes market expectations, giving you a hint when to jump on the bandwagon and profit from the trend. If you're trading without looking at the volume chart, you'll miss out on all these dynamics. You need both the volume and price charts to make an informed decision. 01:22 Case study: the stock is breaking out at $2
Transcribe →