The Simple Setup That Made Lance Breitstein Millions $$$
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 Published On Nov 9, 2023

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šŸ“° TL Trading Academy: https://traderlion.com/YT-TLA In this this episode of the TraderLion podcast former Trillium trader Lance Breitstein reveals the trading breakthroughs he made during his trading career that allowed him to make millions of dollars. From systemizing your trading system to sharing his biggest mistakes, Lance does a great job guiding viewers through the process that every profitable trader must go through.

He also highlights one of his seven figure days in 2021 breaking down multiple trades he took, his entries, exits, and how he prepared during the morning to be able to capitalize on the immense opportunity the market presented him with.

Follow Lance on Twitter/X: Ā Ā /Ā theonelancebĀ Ā 

Enjoy!

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Timestamps:
00:00 - In this Episode...
00:40 - Introducing Lance Breitstein
07:02 - The Trend is your Friend
09:44 - Defining a Trend
18:58 - Creating Trading Rules Based on Trends
24:17 - How Trends Start & End
28:28 - Dissecting Large Losses
31:35 - 7 Figure Day (WKHS, SI, TSLA)
38:49 - Preparing for Important Days
41:45 - Risk Management Techniques
45:10 - How Countertrend Moves Start
50:01 - When to Size Up
53:40 - Knowing Your Timeframes
56:40 - Selling Rules for Winners
58:40 - Using Public Sentiment in Trading
1:01:41 - Mentally Preparing for the Trade
1:08:25 - Patience for Proper Setups
1:11:50 - Creating a Daily Report Card
1:14:29 - Post Trade Analysis
1:16:36 - Best Time of Day to Trade
1:18:40 - Trading Around Breaking News
1:21:00 - Lance's Favorite Setups
1:24:32 - Identifying Emerging Themes
1:25:50 - Handling Halts
1:28:08 - Closing Thoughts from Lance

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