{"id":49328,"date":"2019-12-05T14:30:38","date_gmt":"2019-12-05T19:30:38","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=49328"},"modified":"2019-12-05T15:25:37","modified_gmt":"2019-12-05T20:25:37","slug":"the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do","title":{"rendered":"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do)"},"content":{"rendered":"

In this video, Learn what we teach out elite active traders to do after their best trades. Too many of you are not doing this. And it is not acceptable if you want to become a successful trader.
\nView Video Transcript<\/strong><\/span>

what must you do after a profitable
\ntrade not doing this will lead to
\ntrading failure hi I’m Mike bellafiore
\nco-founder of SMB capital proprietary
\ntrading firm located in midtown
\nManhattan and I’m also the off of the
\ntrading classic one good trade and the
\nplaybook
\nin this video learn what we teach our
\nelite active traders to do after their
\nbest trades too many of you are not
\ndoing this and it’s not acceptable if
\nyou want to be common an elite
\nsuccessful trader
\n[Music]\none of the reasons why I asked you to go
\nback in create a playbook for this
\nparticular trade specifically is because
\none it was one of the better earnings
\nplays of the month on the long side this
\nwas one of the better positive earnings
\ngap and go finished his towards high add
\na really strong you know killer
\nopportunity you know one of the better
\nopportunities for earnings plays from
\nthe month so that was one reason but the
\nother reason I wanted to go back and do
\nit is I actually kind of felt bad about
\nwhat I said to you guys in the a.m. when
\nwe were discussing this idea and you
\nknow full trance you know full
\ntransparency I asked a question I asked
\nthe leading question I think it was to
\nyou when you were talking about this
\nbeing a long idea during REM meeting and
\nI said well you know did they beat by a
\nlot and you said no and I said well they
\ndidn’t beat by a lot and it’s in the
\nretail sector how much can it really go
\nup and so I think I left the improv and
\nI actually I’m sure I left the
\nimpression that this wasn’t gonna be
\nsomething that really could go Ron and
\nfinish at the high of day and so I think
\nI those are good questions to be asking
\nbut I feel like I missed something so I
\nwas curious as to what I missed
\nand since I’m a little bit busy these
\ndays I figured this would be a good
\nexercise for the two of us and everybody
\nelse in the room to sort of go through
\ntogether but look and so I I totally
\nmissed something in terms of asking that
\nleading question and so I wanted to know
\nwhat I missed and test you to sort of
\nfigure this out with me but you know one
\nof the things that I see that some of
\nyou guys do in the room and some of the
\nguys out there do
\nthe room which is super important is
\nthat when you have a bad day you feel
\nsuper down and you know actually I was
\nhaving a common I’ve had a couple
\nconversations with some prop traders
\nactually both at different firms and
\nwhat I’m hearing is that they haven’t
\nbeen doing so well at the light and so
\nand we actually did really well last
\nmonth they trade different strategies
\nbut there was some down this amongst
\namongst traders and we’ll see that here
\nas well we will have some months where I
\nwill say to you guys our desk is
\nunderperforming
\nand here’s why I see our desk
\nunderperforming and then we’re going to
\nhave lots of months where we outperform
\nbut you know for this for some of the
\nguys outside the firm that I was talking
\nto you know my my thought process was
\nyou know when things are hard you you
\nwant to be calm and you want to be easy
\nyou don’t want to be so hard on yourself
\nbut when things are really good when you
\nhave an opportunity like this and when
\nthe desk is doing well it’s the complete
\nopposite you need to be really hard on
\nyourself
\nand I think there are times when you
\nguys think I’m being a complete jackass
\nto you guys in the room I’m doing that
\npurposely because there are times you
\nhave to be harder on yourselves ok
\nbecause this is a performance game and
\nthe time to do that is when you see
\ntrades like this so we we call these
\ncheck charts right this became a Jake
\nchart you have to be hard on yourself
\nwith with with opportunities like this
\nyou can’t miss these opportunities you
\nhave to make as much as you can on these
\nopportunities this could drive a week
\nthis opportunity could drive a week
\nright you know totally crushing this
\ntrade could have made a week for any of
\nus in this room and so that’s a good
\nmentality to to adopt be kind to
\nyourself when your strategies
\nnot working for whatever reason and
\nyou’re going through some tough periods
\nwhich we all have but be really hard on
\nyourself when you make a good trade and
\nthere’s a really good opportunity and
\nthings are going well because is that’s
\nwhen you want to make more of it and so
\nyou know for this particular opportunity
\nwhich I tried muffed in that an AM
\nmeeting you know I sort of want to go
\nback and figure this out and so it
\nbrings up a hugely important thing that
\nyou guys got to do which is if you miss
\nan opportunity like this you need to go
\nback and you need to go through you know
\nwhy you did it or if you caught it you
\nneed to go back and ask yourself a
\nreally super important question which is
\nwhy did it work why was it so good why
\nwas it so good why did it work super
\nimportant what was it about the earnings
\nin detail did I miss something
\nif I thought this was gonna be a good
\ntrade and it turned out to be a great
\ntrade what did I miss
\nif I thought it would like you know if
\nyou were like me and you thought it was
\ngonna be maybe a fade or a tepid trait
\nwhat did I miss
\nwhat did I miss and so I’ve got to go
\nback and I’ve got a scrub the earnings
\nor maybe it was some sort of technical
\nset maybe was more of a technical
\ncatalyst we talked about those two
\ncatalysts there can be a news catalyst
\nand there can be a technical catalyst
\nI think somebody teed up PCG today right
\nsay you a great great technical catalyst
\ngreat call on that today one of the
\nbetter stocks today right awesome I’m
\nlike you don’t see that stock move like
\nthat ever huge technical catalyst so we
\ncan have a news catalyst when we have a
\ntechno catalyst but you want to be in
\nthe catalysts and so you know what was
\nit what was it about this stock that
\nmade it so good so I asked you to sort
\nof go back and do this and this is the
\nbest practice you all need to do on the
\nbest
\nyou all need to go back and look at the
\nJake charts of the day and what I mean
\nby that is the clearer trending hi a day
\nopportunities the clear trending low a
\nday opportunities at a minimum the Jake
\ncharts we calm the Jake charts it’s okay
\nif we call him the Jake charts right
\nI think they added it to investopedia so
\nwe so that’s what we call the the trends
\nfor the day because you do a really good
\njob you’ve done a really good job of
\npointing them out of recent and so we’ve
\nnamed them after you so what was it
\nabout it why did this why did this trade
\nwork if you want to learn three real
\nworld setups that our traders use
\nincluding the simple setup that we teach
\nall of our new traders and the setup
\nthat turned one of our traders into a
\nseven-figure big money earner check out
\nthe free webinar that we’re currently
\nrunning just go ahead and click the link
\nthat should be appearing right now at
\nthe top right hand corner of your screen
\nthat’s gonna open up this free
\nregistration page in the new window so
\ndon’t worry you’re not going to lose
\nthis video you’re gonna learn more in a
\ncouple of hours from this trading
\nworkshop then from years of online
\neducation good afternoon I’ll be sharing
\nwith everyone today its strategy that
\nI’ve been working on for quite some time
\nnow repeating it over and over again to
\nfigure out what works and what doesn’t
\nlast week just before at Thanksgiving
\nthere was a earnings call for dks Dick’s
\nSporting Goods and looked to capture the
\nsqueeze right off the open its overall
\nthe market at this time was currently
\nbullish and in a rally i closed over 300
\noctober 25th and it’s consistently made
\nnew intraday highs new you know new
\nrecord closes over and over it’s a rally
\nto this level that it was at I had to
\nstay investor sentiment was bullish and
\nthere’s an end-of-year rally that’s
\nexpected and this was just to complement
\nthe trend to the upside when the markets
\ntrending in the same direction that just
\ngives more confirmation that the trade
\nthesis the long thesis can be supported
\nby the overall
\nso the criteria for this setup really
\nrevolves around an earnings release this
\nearnings release has to be positive a
\npositive earnings release can be between
\none or a mix of all preferably all of
\nthese scenarios looking for it earnings
\nper share and revenue you ever your
\ngrowth
\nbesides that not only we want to see
\ngrowth but we want to see higher than
\nexpected so they beat the consensus and
\nto top it off raising their guidances
\nfull-year guidance is it’s just an extra
\nyou know to push the stock further to
\nthe upside I want to see a gap up prior
\nto the market open this is the indicator
\nright off of the earnings released that
\npeople are really taking this earnings
\nnews in a positive way people are seeing
\nthis earnings as a push further in the
\nmarket value the highly short company is
\nthe core of the strategy it doesn’t work
\non everything so we’re looking for a
\ncompany that has a high degree of short
\ninterest this can be measured through
\neither a short ratio a short percent of
\nthe float or a number of shares short
\nthis is just to see you know is the
\nshort interest enough it’s high enough
\nwhere it’s going to make significant
\nimpact on the price of the stock if
\nthose shorts are too close and if
\nthey’re covering that’s them that’s
\nthese investors buying back shares and I
\ncan just push the price further up
\nelevated our vault is always it’s always
\nlooked for during in place stocks do you
\nwant to see that there’s more than
\nenough volume to confirm the direction
\nof the move and in this specific case
\nwhich I’ll explain in a second the
\ninstitutional ownership being
\nexceptionally high you’re able to
\nidentify the buying pressure be coming
\nfrom these institutions and you know
\nthat’s you’re able to use that as an
\nindicator that it’s likely to continue
\nfurther elevated our vault just really
\njust another confirmation to say that
\nthe section volume is coming in and it’s
\nlikely to continue again longer turn the
\nuptrend similar to the market being in
\nan uptrend at this time this is just
\nanother confirmation to say you know had
\nthere’s further support behind this
\ndirectional move being near the 52-week
\nI just presents a breakout level this
\ncan just complement again
\ntrade and just allow a price point it’s
\na trade-off of again the high
\ninstitutional ownership is just so we
\ncan identify one on the tape are
\ninstitutions covering which if so
\nthat’ll be likely to continue throughout
\nthe day and to being the high degree of
\ninstitutional ownership you know we know
\nthat they are more likely to get out at
\nfirst sign and not trade emotionally not
\nhold on to the short expecting it to you
\nknow fill the gap to the downside
\ngoodness this is a clear list of
\nvariables you want to see for a good
\nlong you could flip this around the
\nmirror image of this for as short would
\nalso be fine for these variables as well
\nobviously positive earnings would be
\nvery negative earnings so you could you
\ncould do the mirror image of this as
\nwell and create a some short
\nopportunities question
\nso when you say highly shorted company
\ndo you have a criteria for what you want
\nto see the short interest to be the
\nmetric that matters the most to me is
\ngoing to be from what I found through
\ntesting the strategy over and over again
\nis going to be the short ratio this is
\nbecause a high short ratio and through
\nstatistics it’s about six and a half is
\nmakes it significant more or less and
\nthis short ratio matters more because
\nthat’s showing that there are X amount
\nof shares short times the average daily
\nvolume so there’s the amount of shares
\nshort or you can add you can add
\nsignificant buying pressure it’s having
\na short ratio above six and a half above
\nseven is able to say that there are just
\na extreme number of share of shares out
\nthere that would add a ton of volume and
\nvolatility to the stock you know if they
\nwere to pour in and start to cover you
\nsee the ratio what do you mean by that
\nso it’s the days to cover that’s another
\nterm for it and it’s it’s a metric
\ntaking or it’s a ratio that is the
\nnumber of shares short over the average
\ndaily volume and again I’m not sure if I
\nmade it super clear this is because more
\nimportant than the short percent of
\nfloat
\nbecause this shows that it can’t be
\nabsorbed really quickly into the price
\naction the short float however I would
\nsay roughly about 20 percent I think we
\nall have agreed that it’s that’s
\nsignificant and Thai enough where it’s
\nyou know going to make a difference in
\nthe stock and then number of shares
\nshort also that’s you know it’s
\ndifferent for every stock what would
\nmake it significant but knowing that
\nnumber gives you the ability to say you
\nknow when when is this buying pressure
\nexhausted when we’re should shorts when
\ndid shorts have the ability to be
\ncovered so intraday fundamentals for
\nthis stock Dick’s Sporting Goods they
\nposted earnings per share and revenue
\ngrowth you over a year and the revenue
\ngrowth was five point six percent which
\nwas higher than the industry average the
\nindustry average for that same quarter
\nwas three point eight percent you every
\nyear growth so you know that number in
\nitself just gave a further further
\nsupport that people may pour into the
\nstock seeing as it’s growing further
\nthan the rest of the retail sector and
\nit might provide a growth opportunity
\nearnings per share was 37 percent above
\nconsensus so two out of three checks
\nthere and finally they also raised their
\nfull-year guidance having all three of
\nthese is really strong I know
\nArmande know they call it the triple
\nthreat something that sort and this is
\nto say that you know everything coming
\nout of the earnings was positive and
\npeople don’t really have the ability to
\ntake it and negative light therefore
\nit’s likely to get bought up so the ATR
\n1.07 average daily volume you know meets
\nthe liquidity and volatility
\nrequirements the number of shares short
\nI added here because this was a number
\nthat I was able to use to say you know
\nwhen would shorts have had the ability
\nto cover and if so if you know say the
\nfirst 20 minutes of the open you know by
\n9:50 17.7 million shares I have been
\ntraded throughout the day then I can
\ntell me that you know maybe the times up
\nof that buying pressure that extra
\nbuying pressure from the shorts covering
\nthe our vault was over 130 right off the
\nopen
\nthroughout the day it ended up being
\nnine point two times the average daily
\nvolume was the accumulated volume
\nthroughout the day the short float was
\n28% again that’s above the 20% that you
\nknow that we’re using to categorize it
\nas a highly shorted company and the
\ninstitutional ownership being one
\nhundred and fifteen percent is saying
\nthere are institutions that are short
\nbeing over 100 percent is showing that
\nyou know institutions have this on their
\nbooks and likely there’s more than 15%
\nof those holdings as a short position so
\nhow can the institutional ownership be
\nover a hundred percent institutions
\nreleased 13f once every quarter and they
\nhave to you know what the SEC know that
\nthey are holding an equity which is I’m
\nnot sure about the correct with the
\nnumber is that meets the requirement but
\nif they’re blending it out then they
\nhave to report if they’re short they’re
\nreporting it and if they’re long they’re
\nreporting it so there are a lot of
\ncompanies that can be over a hundred
\npercent and this is not saying that you
\nknow even if it’s ninety nine percent is
\nnot saying ninety nine percent of this
\ncompany’s composition structure is
\ninstitutions holding it to the long side
\nyou know there could be a mix of short
\ninterest in that and being above a 100
\npercent shows that there definitely is
\ninstitutional ownership to the short
\nside for this company question so \u00e1rbol
\n9.2 here am I reading that right yes
\nokay and so good thing for you guys to
\nstart to play around with is this is a
\nreally strong stock we want to go back
\nand figure out why our above three are
\nbelow four would get our attention right
\nthis \u00e1rbol is 9.2 and so is there
\nsomething about stocks that have have
\nsuper high or ball that caused it to
\ntrend to high of day are there back
\ntests that you guys can do to play
\naround with exceptionally higher our
\nball and will
\nbecome a trend day so an idea for you
\nguys to play around with so you can look
\nat you know a three-year chart we’re
\nable to see that you know not throughout
\nthis three years this was in an uptrend
\nbut throughout the you know past roughly
\ntwo years now there’s been you know
\nwhile choppy there’s been an uptrend in
\nthe stock this is again just to say that
\nthe the long-term movement the
\nunderlying direction in the stock is
\nsupporting this long thesis so here’s a
\ntwo-day chart just to show what the gap
\nlooked like the pre market high I’ll
\nexplain in a second how we can use that
\nand you know I see this movement off the
\nopen how extreme it is a intraday
\ntechnical analysis that pre market high
\nthat was made of 4550 it’s good that it
\nretraced a little bit below that because
\nthen it provides a breakout level this
\nprovides a a high for the day that has
\nbeen met and that if it gets to that
\nshowing that it’s strong and if it can
\nsurpass it then a potential breakout
\nopportunity otherwise see down below
\nthree separate times there was a support
\nput in at forty three fifty this is
\nshowing you know where do I want it to
\npull back to and if it pulls back below
\nyou know further beneath 4350 that might
\nnot be a good sign and right off the
\nopen we see that actually hits 4350
\nsupported and then moves up this
\nprovides just this provides an opening
\nrange low more or less that can use as a
\nstop how was the volume in the
\npre-market it’s fairly light which if it
\nwas stronger it would show that this
\npositive sentiment is is can be more
\nsure of the positive sentiment but being
\nlate it’s also saying that there wasn’t
\nas much opportunity for shorts to have a
\nchance to cover so that just makes this
\nyou know it just supports the you know
\nlong bias and saying that likely off of
\nthe open
\nthat’ll be the first chance where a lot
\nof these shares short are going to have
\nto cover and pre market volume is either
\nway it’s going to be a positive if it’s
\nif it’s a lot of pre market volume it’s
\nconfirming the direction and if it’s not
\na lot saying that shorts haven’t had the
\nopportunity to cover yet well I like how
\nyou Demark the pre market high right
\nhere particularly in something that has
\ngapped up particularly in something that
\nis showing some strength those are if
\nyou were not in it yet those are that’s
\na good area to flag it’s also a good
\narea to flag that pre market support
\narea as well but you know when we get
\nabove that pre market high people are
\ngoing to lose confidence in the short
\nidea right when you get above that pre
\nmarket high people are going to gain
\nmore confidence in the long idea and so
\ngood to note those two particular areas
\nlike you did otherwise we just see after
\nthe opening drive there is consolidation
\nat these higher levels and as Steve
\nexplains and his gap and go video he
\ntells us to look for this consolidation
\nafter price discovery and look for that
\nfirst move out of it and here we just
\nsee how it’s continuing higher as price
\ndiscovery is the opening of trading yes
\nper your instruction I believe roughly
\nthere yet 45 minutes Ben’s on thus it
\ndepends the stocks not it’s not set in
\nstone but 3045 minutes is that price
\ndiscovery period and then if the stock
\nstill holding up after that price
\ndiscovery period and holding above
\nlevels then that gives us more
\nconfidence that the stocks going to
\ntrend higher so for the trade coming
\ninto the open I had this long bias I was
\nlooking for buying pressure and I was
\nwaiting to see one I wanted to see our
\ninstitutions covering this is
\nidentifiable by reading the tape and
\nseeing large buying orders large lots
\nand also just you know quickly taking
\nout the offers
\nbit stepping up you know other other
\nconfirmations that are saying that
\npeople are coming and starting to buy
\nthe stock usually when this happens the
\nmomentum off of an earnings drive off of
\nan earnings short squeeze drive it just
\ntends to happen to the extreme and
\nfairly quickly so looking over here I
\nsee that 4350 level get hit and be
\nsupported so right now I have a bottom
\nand I have a spot to trade off of it’s a
\nlittle bit choppy coming into the entry
\nposition
\nso being hands-off and due to the
\nvolatility not adding extra risk just
\nwaiting to see if this 43 level is going
\nto hold a little bit longer after a few
\nminutes pass the volume is continuing to
\nincrease and as the volume is increasing
\nthe you know the bids are stepping up
\nthe offers are being taken out and there
\nwere large orders that were presented on
\nthe table so because of this answer in
\nand aim to capture that extreme movement
\ninto the move the momentum slows down a
\nlittle bit you can get your little
\nnervous but you see right as that bar
\ncloses it comes back up to filled that
\ndown move this pullback was immediately
\nfilled and it was shallow enough that
\nyou know that it’s it didn’t it didn’t
\ncontradict the underlying trend moving
\nhigher pre-market high we talked about
\nearlier was set at 4550 you know can
\nthis be broken out of if so then it’s
\nlikely to move higher
\ngauging just to see the strength of the
\nof the breakout looking for increased
\nvolume looking for how fast they can get
\nabove this level
\na little higher there was a long term
\ninflection at 46 with the retracement
\nthat didn’t get back to that pre market
\nhigh which I was using as a level and
\nthat would have been where I got out as
\nit moves higher just waiting for that I
\ncan first move into a consolidation
\nperiod and as its consolidating its
\nbeing supported at this long-term
\ninflection still have a long bias on it
\nthe short squeeze may have been
\nexhausted by this point
\nI’m looking to see what is the first
\nmove out of his consolidation period as
\nit’s moving higher still half into
\nmomentum and allowing it to potentially
\nbe a gap and go type of trade where it
\nconsolidates post price discovery has a
\nfirst move higher and then trends
\nthroughout the day so I’m leaving it on
\nwith the idea of potentially holding it
\nuntil late in this session as the volume
\nstarts to die out it’s showing that
\nthere’s not going to be this extra
\nbuying pressure the the long thesis
\nmoving higher throughout the day may
\nstill hold but it’s not going to be from
\nshorts panicking to covered the idea is
\npretty much exhausted at this point and
\nit’s it was time to get out it’s getting
\nflat why did this trade work and why did
\nthe setup work in general I think is the
\nprocess that senior traders here have
\ndescribed to me and finding is setup guy
\ngathering as many examples as you can
\nand really being able to find patterns
\nin this data through statistics through
\nqualitative metrics of another wise and
\nthen in doing so this process just
\nreally takes a set of factors and there
\nwas it down to say you know what is
\nimportant what is not important what
\nshould I be looking for and that derived
\nfrom that is the confirmations you know
\nand before the market opens I had
\nattempted this type of setup enough
\ntimes where I knew exactly what I was
\nlooking for
\nso why the trade work it was being able
\nto execute only based on seeing the
\nconfirmations that I wanted that I
\nwanted to present themselves on the
\nchart you know this specific example I
\ndid there was there’s support in every
\ndirection the market was strong the
\nbuyers were winning the fight on the
\ntape through reading the tape intraday
\nmomentum was matching the long term
\nuptrend otherwise why did this trade
\nwork so the short again to qualify as a
\nhighly shorted company the float was 28%
\nabove that 20% metric the number of
\nshares short was extremely high 17
\npoints 7 million shares and this was 11
\ntimes the average daily volume the short
\ninterest was just showing that if it
\nstarted to move up that there is going
\nto be a high number of shares short
\nthere’s gonna that we’re going to add
\nvolume
\nyou know to the it’s the accumulated
\nvolume throughout the day pushing the
\nyou know pushing the chart higher the
\ninstitutional ownership being 115
\npercent that was just
\nthat gave and it had the ability to have
\nconfirmation on the tape you know why
\ndid this trade work it was having the
\nset up knowing what I was looking for it
\nand having a metric such as this high
\ninstitutional ownership that allowed for
\neasily identifiable buying pressure and
\nyou know just to top it all off there
\nwere key levels that were right there
\nalso there was a long-term inflection
\npoint and the pre-market had the
\npre-market I’m sorry the opening print
\nhad retraced from the pre market high
\nand there were two different breakout
\npoints that you know gave the ability to
\nlabel the chart and see where you needed
\nto move up against all in all it was the
\ntrade setup and seeing the confirmations
\nthat you know that created this this
\nopportunity well I’d add I’d add one
\nmore thought which is it seems like
\nthey’re doing better than their
\ncompetition yes yes the industry average
\nhad been lower and there’s a lot of you
\nremember the last two weeks there were a
\nlot of retail companies out reporting
\nearnings and not not a lot of them were
\nwere generally positive and that quarter
\nretail sales saw only three point nine
\npercent year-over-year growth and you
\nknow Dick’s Sporting Goods just
\nsurpassed it and really beat everybody’s
\nexpectations yeah so you got you’ve got
\na retail company doing better than
\neverybody else and doing better than
\nmost people in the space all right so
\npeople want to own that you’ve got a
\nreally high short interest so you’ve got
\nnatural short covers who have to buy
\nyou’ve got a really big technical level
\nwhere people are gonna lose confident in
\nthe shorts I don’t want to be in and on
\nthe long side and some other and
\ninstitutional ownership as well so you
\nhave a bunch of these things together
\nthat are putting together why this was
\nsuch a powerful move always good
\nimportant essential to be going back
\nwith these types of setups and
\nunderstanding why they
\nwere so good long and short now it’s
\nyour turn
\nwhich effective trading technique
\ndiscussed in this video are you going to
\nimplement into your trading are you
\ngoing to study while your best trades
\nworked or are you going to be harder on
\nyourself after your best trading
\nopportunities let us know by leaving a
\ncomment below right now
\n<\/div>\n

\"\"<\/a><\/p>\n

* no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"

In this video, Learn what we teach out elite active traders to do after their best trades. Too many of you are not doing this. And it is not acceptable if you want to become a successful trader. * no relevant positions<\/p>\n","protected":false},"author":290,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-49328","post","type-post","status-publish","format-video","hentry","category-free-daily-trading-video","post_format-post-format-video","no-post-thumbnail"],"yoast_head":"\nThe Very Next Thing You Must Do After A Profitable Trade (that few traders actually do) | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do) | SMB Training\" \/>\n<meta property=\"og:description\" content=\"In this video, Learn what we teach out elite active traders to do after their best trades. Too many of you are not doing this. And it is not acceptable if you want to become a successful trader. * no relevant positions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-05T19:30:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-05T20:25:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg\" \/>\n<meta name=\"author\" content=\"smbcapital\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"smbcapital\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"25 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do\"},\"author\":{\"name\":\"smbcapital\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\"},\"headline\":\"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do)\",\"datePublished\":\"2019-12-05T19:30:38+00:00\",\"dateModified\":\"2019-12-05T20:25:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do\"},\"wordCount\":5152,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg\",\"articleSection\":[\"Free Daily Trading Video\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do\",\"name\":\"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do) | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg\",\"datePublished\":\"2019-12-05T19:30:38+00:00\",\"dateModified\":\"2019-12-05T20:25:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg\",\"width\":800,\"height\":380},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\",\"name\":\"smbcapital\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/smbcapital\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do) | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do","og_locale":"en_US","og_type":"article","og_title":"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do) | SMB Training","og_description":"In this video, Learn what we teach out elite active traders to do after their best trades. Too many of you are not doing this. And it is not acceptable if you want to become a successful trader. * no relevant positions","og_url":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2019-12-05T19:30:38+00:00","article_modified_time":"2019-12-05T20:25:37+00:00","og_image":[{"url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg","type":"","width":"","height":""}],"author":"smbcapital","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"smbcapital","Est. reading time":"25 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do"},"author":{"name":"smbcapital","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a"},"headline":"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do)","datePublished":"2019-12-05T19:30:38+00:00","dateModified":"2019-12-05T20:25:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do"},"wordCount":5152,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg","articleSection":["Free Daily Trading Video"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do","url":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do","name":"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do) | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg","datePublished":"2019-12-05T19:30:38+00:00","dateModified":"2019-12-05T20:25:37+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2019\/03\/smbwebinarsignup.jpg","width":800,"height":380},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/the-very-next-thing-you-must-do-after-a-profitable-trade-that-few-traders-actually-do#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"The Very Next Thing You Must Do After A Profitable Trade (that few traders actually do)"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a","name":"smbcapital","url":"https:\/\/www.smbtraining.com\/blog\/author\/smbcapital"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/290"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=49328"}],"version-history":[{"count":1,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49328\/revisions"}],"predecessor-version":[{"id":49330,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49328\/revisions\/49330"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=49328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=49328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=49328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}