Yo this video was educational and low key entertaining. Entertaining meaning Bella’s rant about confirming whether “variablize” is a word or not 🤣💀 Keep up the good work guys thanks.

@mbellafiore19

3 жыл бұрын

thxs! good to learn and have some fun

Additionally the rsi and macd also were indicators that could have been checks in his favor when looking at his initial entry on the multiple time frames he was using (did show the overextension). Great setup!

@Donks-R-us

3 жыл бұрын

Yeah, I was thinking maybe that's what he meant by "variableized", by using something like rsi to measure.

Excellent Vid, Bella made the good point that its not the size of trade but the ability to identify these systematically THEN size will come.

Have to know what specific type of trade you're taking, how to filter for the best versions of it every day, and have a systematic process for attacking it. Love it Bella!

@smbcapital

3 жыл бұрын

absolutely Davide!

Thanks Mike. Enjoyed your insights. That's experience talking. I can relate to the struggle. Helped me to think more about what plays I use. Been making some dumb trades lately. They really add up if you're not careful. Reading The Playbook currently. Keep up the good work!

@smbcapital

3 жыл бұрын

Thx Jason! always good to evaluate your trading and take a step back if you need to

These videos improve both my trading AND vocabulary 😂

@mbellafiore19

3 жыл бұрын

ROFL

Great content guys. I'm working on explaning my trades in the simplest of terms, like to my 5 year old, and if I can't do that then it's probably a rubbish trade idea anyways. Knowing what not to do is as important as knowing what to do!

@smbcapital

3 жыл бұрын

that's a good way to put it Chris

No bull I was with you Mike ..10 mins in or so I had no idea if the trader (sorry miss his name) was going long or short. I thought I must be tired or something I was about to switch off and watch the video another time. Then you asked him was he going short or long.Then I felt better and thought it wasn't just me who had no idea whether he was going short or long.. and so I continued to watch the video.Can you inform your traders to let us viewers know if they are going long or short from the get go..just a suggestion. In the end another great video enjoyed it. 😄👍

@smbcapital

3 жыл бұрын

That was the traders mistake but that's why we do these videos - to improve every day!

@razzyp3999

3 жыл бұрын

Perfectly understandable! We are only human! Thanks!👍

Hi SMB, could you make a video on a strategy specifically for the close? Would love to see it!

Nice how some one look at that setup different. I call this setup counter attack pattern. Hanging Man candle start potential trouble and counter attack pattern. High of the day candle triggering that pattern and next bearish engulfing candle complete it. It was clear short setup becaus of extended move, 7 candles in a row without pullback following with extended vol. Nothing works 100%.but that was setup with high success rate.

Instead of variabilize you may use parameterize (which is an actual word), when you mean to define specific parameters

Could it have been "variableized" with that VWAP /9 EMA cross?

Hello Mike, I'm wondering if you know/hire any intraday traders/short term traders, that are elite traders (let's say 7 figure traders) but avoid trading microcap stocks completely? It feels like most of the guys who are really good intraday traders trade those stocks. Better yet if you know elite traders that focus on high beta names(short term trading) ? Thanks.

Thanks Mike

Is there a more appropriate word to use when ‘variablizing’ a data point (i.e to make something a variable) since the word variablize (or variabilize) does not seem to appear in the Oxford English Dictionary (yet), and it's a word people might use in certain contexts.

@mbellafiore19

3 жыл бұрын

Maybe we should start a campaign to have it added to the English dictionary.

@georgemcduffey2622

3 жыл бұрын

Coders use 'parameterize' for creating/adding variables. As a bonus it makes you sound smart when you say it:)

Hi SMB Capital, you're welcome, I'm always happy to help

‘variablize’ (verb): the act of articulating a set of filters or data points / ranges in trading (i.e to define your set variables/entry criteria). Add to SMB urban dictionary first before it goes viral? (Sorry for poor 2020 pandemic pun). On a serious note, a great video to think of trades in terms of time (ROI). Could your time be better focused elsewhere?

Mike's a really cool guy 😂

@smbcapital

3 жыл бұрын

thanks Gauhar!

parametrize

@mbellafiore19

3 жыл бұрын

I like that too

I think coders use the word "parameterize" for creating variables...sounds cooler than variablize (not a 'real' word, but you could always add it to the urban dictionary; Webster's seems to add anything these days, too)...

Variablize > Filter -> Make Money ~Soulja boy tell'em

30:02

Love the homework he did. 9 EMA is a good indicator to use. Nice job, though.

@smbcapital

3 жыл бұрын

thx Savalis

@savalisadkins4709

3 жыл бұрын

@@smbcapital no thank you guys. The content is always good and educational. Trust me I am learning a lot of good knowledge here.