november1st.flv

Market gapping down big on potential fears of EU collapse. This is BIG NEWS! You must be prepared to trade diffeently!!! Look very CLOSELY at the price action from early August. The SPY traded with a 4-6% range as fear began to take over the marketplace. Focus on momentum moves and not on holding for longer periods of time. Moves may be large but they will happen quicker and reverse more frequently.

Category:

Education

Tags:

• Day Trading
• stocks

[meltingEyeballs]

Do you guys post your monthly statement?

[meltingEyeballs]

@governor419 You're the reason, because of fools like you, I make money. Thank you. :)

[meltingEyeballs]

@governor419 You're right. I get really unsure sometimes. I'm only human, doesn't hurt my ego at all. Whenever that happens, I visit channels like these to find out what fools like you are thinking. That also serves to remind me that the market has 90% fools like you queuing up to give me your money. Thank you. :)

[governor419]

@meltingEyeballs Interesting. Comment removed? Second guessing yourself? Not usually a trait found in a consistently profitable, professional trader. Also, your original comment leads me to believe you are not a regular follower of SMB's contributions and yet here you are watching this video. Seeking out random trading videos on youtube? I guess you are not as confident with your trading skills as you lead on. You, sir, have just tipped your hand.

[governor419]

@meltingEyeballs I would assume you are questioning their profitability by asking this question? You may want to take notice that he is recording in the middle of an office building filled with PC's and other traders. That doesn't happen from luckily picking a winner every now and then. This guys max position size would make the average intraday trader incontinent. Any trader would be wise to consider what this guy has to say.

[psestock]

Hi Steve, great video. Appreciate the videos you do. Pls do not stop making them, as I am learning from them a lot