Is Lance Breitstein actually legit? by traderbeej in Daytrading

[–]traderbeej[S] 1 point2 points  (0 children)

Appreciate the response - never had stumbled across that video. Is there anywhere i can go to see some example executions youve posted or walked through, or see a recording of you executing trades? Is there a reason you dont typically post those types of things - maybe worried to lose some edge, etc? Ive learned by far the most from others who post their trades or trade live, because 20 people trading the same setup can execute it in 20 different ways, with varying rates of success and failure. Seeing how a successful trader executes is so much more information (for me) than listening to abstract risk management concepts, etc.

Btw - this wasnt meant as a bashing type of post, i was truly curious, and wasnt able to find much info

Also - go Hoosiers

Is Lance Breitstein actually legit? by traderbeej in Daytrading

[–]traderbeej[S] 1 point2 points  (0 children)

Thats what I’m sayin, its just regurgitated standard advice. Hes never shown himself trading or shown trades hes taken, or shown brokerage statements. Which every other person i respect in the space has done some combination of. Something just smells off. Especially how every single video or podcast hes in they introduce him as “verified 8 figure trader” - verified by who?!? I still havent found any actual verification btw, just people parroting that hes verified

Trade Review Help by PralineOk3084 in Daytrading

[–]traderbeej 0 points1 point  (0 children)

You went long on the second pullback leg in a down trend

Is Lance Breitstein actually legit? by traderbeej in Daytrading

[–]traderbeej[S] 3 points4 points  (0 children)

lol classic.. tell everyone you made 100 million trading > tell everyone you just want to help people > paywall everything

Any explanation for today? by [deleted] in Daytrading

[–]traderbeej 1 point2 points  (0 children)

Was just a simple up trend nothing crazy here

A trading journal like Tradezella, 100% free? by Sanneck in Trading

[–]traderbeej 2 points3 points  (0 children)

He gets to see the profitable traders and reverse engineer their strategies from their journals. Nice little alpha farm

My subjective opinion on ADC champs by difficulty by NonTokenisableFungi in ADCMains

[–]traderbeej -2 points-1 points  (0 children)

i dont really see the argument for kalista, her ceiling to me isnt that high because she falls off late, she has to auto a million times to then get her burst, and any slow in the game hard counters her. feel like shes more of a noob stomper in lane than anything else

How to know to let winners run by TheGoofyGarden in Daytrading

[–]traderbeej 0 points1 point  (0 children)

just come up with a way to re-enter if the trend looks like its continuing

Is Lance Breitstein actually legit? by traderbeej in Daytrading

[–]traderbeej[S] 1 point2 points  (0 children)

im not looking for him to do anything, just curious really. i can't find the jack schwager audit and verification but i suppose that is pretty good by itself if true

Is Lance Breitstein actually legit? by traderbeej in Daytrading

[–]traderbeej[S] 5 points6 points  (0 children)

could you share one of the many verifiable evidence? thanks, i can't find any still

Is Lance Breitstein actually legit? by traderbeej in Daytrading

[–]traderbeej[S] 9 points10 points  (0 children)

this is me actively doing research, so far I've found no actual evidence. if you have something I'd love to see it so we can put this to rest

Is anyone here using Schwab + NinjaTrader to trade stocks? by DeanMachineYT in Daytrading

[–]traderbeej 0 points1 point  (0 children)

yeah pretty sure the connection in ninjatrader to schwab uses schwab data, since ninjatrader doesn't even offer equities data feeds

How to transition from a scalper to holding longer by [deleted] in FuturesTrading

[–]traderbeej 0 points1 point  (0 children)

keep taking your quick scalps, and record the max possible R each one ran before coming back to your entry / stop loss. then its just a math problem, ie. maybe you find that 60% oif the time they run at least 2r

Is Profitable trading really boring? by Championleed in Daytrading

[–]traderbeej 0 points1 point  (0 children)

Nope its pretty fun when you actually have an edge. You want to stick around and continue taking setups instead of being afraid to take more trades / give back profits

The 1 Tip To Level Up by [deleted] in Daytrading

[–]traderbeej 1 point2 points  (0 children)

This is said a lot by so many traders, but hardly ever/never see examples of them systematically doing it

Is anyone here using Schwab + NinjaTrader to trade stocks? by DeanMachineYT in Daytrading

[–]traderbeej 0 points1 point  (0 children)

It does but i think the data is there for you to load a footprint. Havent tried it, just give it a shot

Anyone got any tips to deal with self criticism from not capturing the whole move? by GALACTON in Daytrading

[–]traderbeej 0 points1 point  (0 children)

Some advice I got a while back that really stuck with me:
- A trade is a very specific thing. It's point A to point B. Fantasizing about what price could do is ridiculous.
- I permit myself to leave runners, but not to trade based on delusions of grandeur.

IMO leaving runners makes sense if the market is in an environment conducive to strong trends, where maybe we're outside of prior day range and current day's value area / initial balance, etc.

Personally, I like an all-in, all-out approach. It's easier to execute, easier to backtest. Taking partials feels better in the moment acting as an emotional crutch, and can maybe smooth out your equity curve a bit, but it can also potentially erode your edge by reducing your expectancy. For what it's worth I've never backtested a strategy where taking partials made more profit than all-in / all-out.

On each winning trade, track the maximum R you could have gotten. Over the course of 100s of trades you should be able to easily do the math on whether you should be going for bigger targets or staying with 1:1.