{"id":50049,"date":"2020-08-10T14:54:37","date_gmt":"2020-08-10T18:54:37","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=50049"},"modified":"2020-08-10T14:54:37","modified_gmt":"2020-08-10T18:54:37","slug":"5-trading-lessons-from-facebook","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook","title":{"rendered":"5 Trading Lessons from Facebook"},"content":{"rendered":"

In this video from Steve Spencer, learn 5 important lessons from market leader Facebook. If you’re interested in applying these lessons to other in-play stocks then you won’t want to miss this video.<\/p>\nView Video Transcript<\/strong><\/span>

\n
\n
\n
in today’s video we are going to look at<\/div>\n<\/div>\n<\/div>\n
\n
\n
one of the market leaders facebook<\/div>\n<\/div>\n<\/div>\n
\n
\n
and its recent trading activity which<\/div>\n<\/div>\n<\/div>\n
\n
\n
can teach us five<\/div>\n<\/div>\n<\/div>\n
\n
\n
separate trading lessons<\/div>\n<\/div>\n<\/div>\n
\n
\n
[Music]<\/div>\n<\/div>\n<\/div>\n
\n
\n
[Music]<\/div>\n<\/div>\n<\/div>\n
\n
\n
hi i’m steven spencer i’m a partner at<\/div>\n<\/div>\n<\/div>\n
\n
\n
smb capital a proprietary<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading firm in new york city where we<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade stocks<\/div>\n<\/div>\n<\/div>\n
\n
\n
futures and options<\/div>\n<\/div>\n<\/div>\n
\n
\n
and today we are going to take a look at<\/div>\n<\/div>\n<\/div>\n
\n
\n
facebook<\/div>\n<\/div>\n<\/div>\n
\n
\n
facebook is a market leader it is a<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
that when it is in play is a very good<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock for short-term traders<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the reason why i decided to use<\/div>\n<\/div>\n<\/div>\n
\n
\n
today’s video to use facebook in today’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
video<\/div>\n<\/div>\n<\/div>\n
\n
\n
is when i looked at the price action<\/div>\n<\/div>\n<\/div>\n
\n
\n
from the last few days<\/div>\n<\/div>\n<\/div>\n
\n
\n
there was a bunch of very good<\/div>\n<\/div>\n<\/div>\n
\n
\n
short-term trading lessons<\/div>\n<\/div>\n<\/div>\n
\n
\n
that i think can be applied or i know<\/div>\n<\/div>\n<\/div>\n
\n
\n
can be applied<\/div>\n<\/div>\n<\/div>\n
\n
\n
um in many different scenarios so i kind<\/div>\n<\/div>\n<\/div>\n
\n
\n
of want to walk you through these five<\/div>\n<\/div>\n<\/div>\n
\n
\n
these five lessons number one<\/div>\n<\/div>\n<\/div>\n
\n
\n
compression before expression<\/div>\n<\/div>\n<\/div>\n
\n
\n
number two second day play<\/div>\n<\/div>\n<\/div>\n
\n
\n
number three how to use an atr extension<\/div>\n<\/div>\n<\/div>\n
\n
\n
number four how sometimes we can have a<\/div>\n<\/div>\n<\/div>\n
\n
\n
week in a single trading day and finally<\/div>\n<\/div>\n<\/div>\n
\n
\n
knowing and understanding what is the<\/div>\n<\/div>\n<\/div>\n
\n
\n
news that is driving a stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
and how that can be important lesson<\/div>\n<\/div>\n<\/div>\n
\n
\n
number one and this is one i’ve been<\/div>\n<\/div>\n<\/div>\n
\n
\n
talking about for a long period of time<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s known as compression<\/div>\n<\/div>\n<\/div>\n
\n
\n
before expression and in the case of<\/div>\n<\/div>\n<\/div>\n
\n
\n
facebook they reported earnings<\/div>\n<\/div>\n<\/div>\n
\n
\n
um about a week ago and following the<\/div>\n<\/div>\n<\/div>\n
\n
\n
earnings<\/div>\n<\/div>\n<\/div>\n
\n
\n
the earnings were very good it gapped up<\/div>\n<\/div>\n<\/div>\n
\n
\n
a huge amount<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then moved in a very small range for<\/div>\n<\/div>\n<\/div>\n
\n
\n
three or four days in fact<\/div>\n<\/div>\n<\/div>\n
\n
\n
the range was about four dollars<\/div>\n<\/div>\n<\/div>\n
\n
\n
so we had day one immediately following<\/div>\n<\/div>\n<\/div>\n
\n
\n
the earnings we moved around a bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
but then three days of very tight<\/div>\n<\/div>\n<\/div>\n
\n
\n
consolidation<\/div>\n<\/div>\n<\/div>\n
\n
\n
when i mean very tight consolidation the<\/div>\n<\/div>\n<\/div>\n
\n
\n
range intraday range was about four<\/div>\n<\/div>\n<\/div>\n
\n
\n
dollars<\/div>\n<\/div>\n<\/div>\n
\n
\n
three days in a row um one atr in<\/div>\n<\/div>\n<\/div>\n
\n
\n
in facebook is about eight dollars so<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s that’s what we we call<\/div>\n<\/div>\n<\/div>\n
\n
\n
compression and when we have compression<\/div>\n<\/div>\n<\/div>\n
\n
\n
for two to four days<\/div>\n<\/div>\n<\/div>\n
\n
\n
quite often after a catalyst we’ll get<\/div>\n<\/div>\n<\/div>\n
\n
\n
expression either a break to the upside<\/div>\n<\/div>\n<\/div>\n
\n
\n
or break to the downside and on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
fourth day boy did we have a break to<\/div>\n<\/div>\n<\/div>\n
\n
\n
the upside now it wasn’t just a<\/div>\n<\/div>\n<\/div>\n
\n
\n
technical break<\/div>\n<\/div>\n<\/div>\n
\n
\n
and we’ll get to this a little bit later<\/div>\n<\/div>\n<\/div>\n
\n
\n
in one of the other lessons there was<\/div>\n<\/div>\n<\/div>\n
\n
\n
um there was some news driving it but<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s very important to have set alerts<\/div>\n<\/div>\n<\/div>\n
\n
\n
at both the top area of that tight<\/div>\n<\/div>\n<\/div>\n
\n
\n
compression range and the bottom area in<\/div>\n<\/div>\n<\/div>\n
\n
\n
this case<\/div>\n<\/div>\n<\/div>\n
\n
\n
we had 254 we’ve been looking at it<\/div>\n<\/div>\n<\/div>\n
\n
\n
since the day of earnings<\/div>\n<\/div>\n<\/div>\n
\n
\n
as a spot that if it got above with some<\/div>\n<\/div>\n<\/div>\n
\n
\n
strength to look for an upside move<\/div>\n<\/div>\n<\/div>\n
\n
\n
and it turned out that that worked but<\/div>\n<\/div>\n<\/div>\n
\n
\n
it also turned into a<\/div>\n<\/div>\n<\/div>\n
\n
\n
into a multiple etr move as well and<\/div>\n<\/div>\n<\/div>\n
\n
\n
that will become relevant one of the<\/div>\n<\/div>\n<\/div>\n
\n
\n
next lessons so lesson number two<\/div>\n<\/div>\n<\/div>\n
\n
\n
second day play so one of the primary<\/div>\n<\/div>\n<\/div>\n
\n
\n
things we do on our desk<\/div>\n<\/div>\n<\/div>\n
\n
\n
is we teach our traders how to trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
stocks in play that have a strong news<\/div>\n<\/div>\n<\/div>\n
\n
\n
catalyst and then often<\/div>\n<\/div>\n<\/div>\n
\n
\n
many of those names that have<\/div>\n<\/div>\n<\/div>\n
\n
\n
significant moves on day one<\/div>\n<\/div>\n<\/div>\n
\n
\n
will set up for what we call a classic<\/div>\n<\/div>\n<\/div>\n
\n
\n
second day play there’s a few reasons<\/div>\n<\/div>\n<\/div>\n
\n
\n
why we love second day plays number one<\/div>\n<\/div>\n<\/div>\n
\n
\n
a trader of any skill level can trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
this it can be an experienced trader<\/div>\n<\/div>\n<\/div>\n
\n
\n
might trade a second day play with a lot<\/div>\n<\/div>\n<\/div>\n
\n
\n
of size and really pile on the risk<\/div>\n<\/div>\n<\/div>\n
\n
\n
because of how good a how good of a<\/div>\n<\/div>\n<\/div>\n
\n
\n
setup it is<\/div>\n<\/div>\n<\/div>\n
\n
\n
but even a newer trader because of how<\/div>\n<\/div>\n<\/div>\n
\n
\n
specific<\/div>\n<\/div>\n<\/div>\n
\n
\n
the the setup is and how easy it is to<\/div>\n<\/div>\n<\/div>\n
\n
\n
understand<\/div>\n<\/div>\n<\/div>\n
\n
\n
a less experienced trader can can trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
that as well now<\/div>\n<\/div>\n<\/div>\n
\n
\n
if you want to understand in a lot more<\/div>\n<\/div>\n<\/div>\n
\n
\n
detail how to trade the second day play<\/div>\n<\/div>\n<\/div>\n
\n
\n
go to tradingworkshop.com where we spend<\/div>\n<\/div>\n<\/div>\n
\n
\n
two hours teaching<\/div>\n<\/div>\n<\/div>\n
\n
\n
three trading setups and one of them is<\/div>\n<\/div>\n<\/div>\n
\n
\n
the second day play click on the link<\/div>\n<\/div>\n<\/div>\n
\n
\n
above<\/div>\n<\/div>\n<\/div>\n
\n
\n
and check that out if you haven’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
already now just a couple of quick<\/div>\n<\/div>\n<\/div>\n
\n
\n
pointers on the second day play<\/div>\n<\/div>\n<\/div>\n
\n
\n
as long as we’re on it day one has a<\/div>\n<\/div>\n<\/div>\n
\n
\n
good strong catalyst<\/div>\n<\/div>\n<\/div>\n
\n
\n
it closes in the top or bottom 20<\/div>\n<\/div>\n<\/div>\n
\n
\n
percent of its range<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then we’re going to use in the case<\/div>\n<\/div>\n<\/div>\n
\n
\n
of something that closed at the top of<\/div>\n<\/div>\n<\/div>\n
\n
\n
its range<\/div>\n<\/div>\n<\/div>\n
\n
\n
afternoon support as well as the<\/div>\n<\/div>\n<\/div>\n
\n
\n
afternoon resistance<\/div>\n<\/div>\n<\/div>\n
\n
\n
as potentially one of two entry points<\/div>\n<\/div>\n<\/div>\n
\n
\n
to make that play<\/div>\n<\/div>\n<\/div>\n
\n
\n
and again if you want the the full run<\/div>\n<\/div>\n<\/div>\n
\n
\n
down the 20 to 30 minute<\/div>\n<\/div>\n<\/div>\n
\n
\n
how to trade that play just go to<\/div>\n<\/div>\n<\/div>\n
\n
\n
tradingworkshop.com you’ll learn two<\/div>\n<\/div>\n<\/div>\n
\n
\n
other very good setups on the desk one<\/div>\n<\/div>\n<\/div>\n
\n
\n
of them in particular<\/div>\n<\/div>\n<\/div>\n
\n
\n
the biggest traders on our desk we use<\/div>\n<\/div>\n<\/div>\n
\n
\n
to really size up<\/div>\n<\/div>\n<\/div>\n
\n
\n
um and make quite a bit of money uh<\/div>\n<\/div>\n<\/div>\n
\n
\n
lesson number three for today<\/div>\n<\/div>\n<\/div>\n
\n
\n
etr extension etr extension just means<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i reference the atr on lesson number<\/div>\n<\/div>\n<\/div>\n
\n
\n
one i believe<\/div>\n<\/div>\n<\/div>\n
\n
\n
which is etr is the average true range<\/div>\n<\/div>\n<\/div>\n
\n
\n
for a stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
that means that a stock<\/div>\n<\/div>\n<\/div>\n
\n
\n
closes has an etr of let’s say two<\/div>\n<\/div>\n<\/div>\n
\n
\n
dollars<\/div>\n<\/div>\n<\/div>\n
\n
\n
and closes on thursday at twenty dollars<\/div>\n<\/div>\n<\/div>\n
\n
\n
um on friday for one atr<\/div>\n<\/div>\n<\/div>\n
\n
\n
would be a close either at 22 if it went<\/div>\n<\/div>\n<\/div>\n
\n
\n
up 182r or at 18<\/div>\n<\/div>\n<\/div>\n
\n
\n
if it went down one atr and usually the<\/div>\n<\/div>\n<\/div>\n
\n
\n
e2r typically when you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
talking about atr’s for a stock it helps<\/div>\n<\/div>\n<\/div>\n
\n
\n
intraday short-term traders<\/div>\n<\/div>\n<\/div>\n
\n
\n
judge both profit targets and then also<\/div>\n<\/div>\n<\/div>\n
\n
\n
where<\/div>\n<\/div>\n<\/div>\n
\n
\n
a stock may fail in reverse because we<\/div>\n<\/div>\n<\/div>\n
\n
\n
know statistically speaking in atr<\/div>\n<\/div>\n<\/div>\n
\n
\n
we have a look back period of a month 22<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading days typically that’s what it is<\/div>\n<\/div>\n<\/div>\n
\n
\n
on our platform i believe<\/div>\n<\/div>\n<\/div>\n
\n
\n
we know what to expect in terms of of a<\/div>\n<\/div>\n<\/div>\n
\n
\n
move for a stock now obviously if<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s a fresh news catalyst<\/div>\n<\/div>\n<\/div>\n
\n
\n
a stock can move a multiple of an atr<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i get more in depth into that i<\/div>\n<\/div>\n<\/div>\n
\n
\n
think in the workshop<\/div>\n<\/div>\n<\/div>\n
\n
\n
but as a rule of thumb if a stock on day<\/div>\n<\/div>\n<\/div>\n
\n
\n
one had a catalyst like in the case of<\/div>\n<\/div>\n<\/div>\n
\n
\n
facebook and we’ll i think that’s lesson<\/div>\n<\/div>\n<\/div>\n
\n
\n
number four or five um<\/div>\n<\/div>\n<\/div>\n
\n
\n
moves multiple atr’s and then on day two<\/div>\n<\/div>\n<\/div>\n
\n
\n
is has moved up another atr<\/div>\n<\/div>\n<\/div>\n
\n
\n
will look for that as a profit target<\/div>\n<\/div>\n<\/div>\n
\n
\n
and also a spot for potentially to fail<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so for today after i moved up one<\/div>\n<\/div>\n<\/div>\n
\n
\n
atr and it got to the 73<\/div>\n<\/div>\n<\/div>\n
\n
\n
74 area i actually um<\/div>\n<\/div>\n<\/div>\n
\n
\n
looked to short it now in that case it<\/div>\n<\/div>\n<\/div>\n
\n
\n
only pulled back about<\/div>\n<\/div>\n<\/div>\n
\n
\n
a dollar or two dollars before it went<\/div>\n<\/div>\n<\/div>\n
\n
\n
up again and was up one and a half atr’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
but then i tried it again up one and a<\/div>\n<\/div>\n<\/div>\n
\n
\n
half atr’s and eventually failed up one<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a half atr’s and came back<\/div>\n<\/div>\n<\/div>\n
\n
\n
um completely and we’ll get into that i<\/div>\n<\/div>\n<\/div>\n
\n
\n
think in lesson<\/div>\n<\/div>\n<\/div>\n
\n
\n
number four so that’s lesson number<\/div>\n<\/div>\n<\/div>\n
\n
\n
three atr extension works in both the<\/div>\n<\/div>\n<\/div>\n
\n
\n
upside and the downside<\/div>\n<\/div>\n<\/div>\n
\n
\n
especially on day two so lesson number<\/div>\n<\/div>\n<\/div>\n
\n
\n
four is what i like to call<\/div>\n<\/div>\n<\/div>\n
\n
\n
a week in a day and in this case<\/div>\n<\/div>\n<\/div>\n
\n
\n
facebook<\/div>\n<\/div>\n<\/div>\n
\n
\n
um in today’s trading action really<\/div>\n<\/div>\n<\/div>\n
\n
\n
presented a week’s worth of setups in<\/div>\n<\/div>\n<\/div>\n
\n
\n
one day<\/div>\n<\/div>\n<\/div>\n
\n
\n
and part of that was because it had such<\/div>\n<\/div>\n<\/div>\n
\n
\n
a strong catalyst the prior day<\/div>\n<\/div>\n<\/div>\n
\n
\n
and there was strong follow through but<\/div>\n<\/div>\n<\/div>\n
\n
\n
if you look at this particular chart<\/div>\n<\/div>\n<\/div>\n
\n
\n
that i labeled<\/div>\n<\/div>\n<\/div>\n
\n
\n
there are um six or seven different<\/div>\n<\/div>\n<\/div>\n
\n
\n
action points<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i think i took action on about four<\/div>\n<\/div>\n<\/div>\n
\n
\n
of these different points<\/div>\n<\/div>\n<\/div>\n
\n
\n
um intraday so let’s walk through the<\/div>\n<\/div>\n<\/div>\n
\n
\n
different action points<\/div>\n<\/div>\n<\/div>\n
\n
\n
action point number one is relating to<\/div>\n<\/div>\n<\/div>\n
\n
\n
the second day play<\/div>\n<\/div>\n<\/div>\n
\n
\n
but it broke above the afternoon<\/div>\n<\/div>\n<\/div>\n
\n
\n
resistance from day one<\/div>\n<\/div>\n<\/div>\n
\n
\n
and that is a spot where on the second<\/div>\n<\/div>\n<\/div>\n
\n
\n
day play one of the two spots we would<\/div>\n<\/div>\n<\/div>\n
\n
\n
look to get long<\/div>\n<\/div>\n<\/div>\n
\n
\n
action point number two actually served<\/div>\n<\/div>\n<\/div>\n
\n
\n
as a profit target is also a potential<\/div>\n<\/div>\n<\/div>\n
\n
\n
failure area that was up one atr in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning<\/div>\n<\/div>\n<\/div>\n
\n
\n
in that case it got there pretty quickly<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the first hour or so<\/div>\n<\/div>\n<\/div>\n
\n
\n
action point number three was one and a<\/div>\n<\/div>\n<\/div>\n
\n
\n
half atr’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
where i put on a short action point<\/div>\n<\/div>\n<\/div>\n
\n
\n
number four<\/div>\n<\/div>\n<\/div>\n
\n
\n
is where we got confirmation we actually<\/div>\n<\/div>\n<\/div>\n
\n
\n
had two strong reversal bars<\/div>\n<\/div>\n<\/div>\n
\n
\n
where i added to a short position<\/div>\n<\/div>\n<\/div>\n
\n
\n
to look for it to come back all the way<\/div>\n<\/div>\n<\/div>\n
\n
\n
back down to<\/div>\n<\/div>\n<\/div>\n
\n
\n
point number five in the low 270s<\/div>\n<\/div>\n<\/div>\n
\n
\n
where we potentially would look for<\/div>\n<\/div>\n<\/div>\n
\n
\n
support i played it on the long side at<\/div>\n<\/div>\n<\/div>\n
\n
\n
action point number five<\/div>\n<\/div>\n<\/div>\n
\n
\n
because it had pulled back at that point<\/div>\n<\/div>\n<\/div>\n
\n
\n
a full atr from 278<\/div>\n<\/div>\n<\/div>\n
\n
\n
we know the atria and facebook is around<\/div>\n<\/div>\n<\/div>\n
\n
\n
seven or eight dollars or so<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so when it pulled all the way back<\/div>\n<\/div>\n<\/div>\n
\n
\n
there<\/div>\n<\/div>\n<\/div>\n
\n
\n
looked to play it on the long side and<\/div>\n<\/div>\n<\/div>\n
\n
\n
played it back up to that top blue line<\/div>\n<\/div>\n<\/div>\n
\n
\n
which was action point number six i was<\/div>\n<\/div>\n<\/div>\n
\n
\n
actually off the desk um<\/div>\n<\/div>\n<\/div>\n
\n
\n
so i just put up some offers into action<\/div>\n<\/div>\n<\/div>\n
\n
\n
point number six<\/div>\n<\/div>\n<\/div>\n
\n
\n
but once the stock is reversed and has<\/div>\n<\/div>\n<\/div>\n
\n
\n
been up quite a bit two days in a row<\/div>\n<\/div>\n<\/div>\n
\n
\n
and bounces back up um to an area and<\/div>\n<\/div>\n<\/div>\n
\n
\n
starts to fail that would be a spot<\/div>\n<\/div>\n<\/div>\n
\n
\n
where we would look to<\/div>\n<\/div>\n<\/div>\n
\n
\n
reshore it again um as well and then<\/div>\n<\/div>\n<\/div>\n
\n
\n
action point<\/div>\n<\/div>\n<\/div>\n
\n
\n
number seven was when it took out<\/div>\n<\/div>\n<\/div>\n
\n
\n
the pullback low meaning 270<\/div>\n<\/div>\n<\/div>\n
\n
\n
um somebody who’s trading momentum to<\/div>\n<\/div>\n<\/div>\n
\n
\n
the downside would look too short<\/div>\n<\/div>\n<\/div>\n
\n
\n
on a momentum basis it’s almost the<\/div>\n<\/div>\n<\/div>\n
\n
\n
opposite trade of action point number<\/div>\n<\/div>\n<\/div>\n
\n
\n
one right on the open<\/div>\n<\/div>\n<\/div>\n
\n
\n
where that was a momentum long to the<\/div>\n<\/div>\n<\/div>\n
\n
\n
upside number seven it’s a little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
riskier seven right because it’s already<\/div>\n<\/div>\n<\/div>\n
\n
\n
sold off of full atr<\/div>\n<\/div>\n<\/div>\n
\n
\n
but there’s going to be some more people<\/div>\n<\/div>\n<\/div>\n
\n
\n
who are caught and trapped who bought<\/div>\n<\/div>\n<\/div>\n
\n
\n
into that pull back into the low 270s<\/div>\n<\/div>\n<\/div>\n
\n
\n
and when it takes out that that low<\/div>\n<\/div>\n<\/div>\n
\n
\n
point number five<\/div>\n<\/div>\n<\/div>\n
\n
\n
people are going to hit out and so<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum people looking to short<\/div>\n<\/div>\n<\/div>\n
\n
\n
might use that people stopping out as a<\/div>\n<\/div>\n<\/div>\n
\n
\n
spot to get short as well<\/div>\n<\/div>\n<\/div>\n
\n
\n
so that was a lot of different points<\/div>\n<\/div>\n<\/div>\n
\n
\n
where you can make trades and then also<\/div>\n<\/div>\n<\/div>\n
\n
\n
if you think about this if you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking at this chart<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i’ve labeled this with all these<\/div>\n<\/div>\n<\/div>\n
\n
\n
numbers think about if this was like a<\/div>\n<\/div>\n<\/div>\n
\n
\n
daily<\/div>\n<\/div>\n<\/div>\n
\n
\n
a daily chart swing traders be would be<\/div>\n<\/div>\n<\/div>\n
\n
\n
using these points<\/div>\n<\/div>\n<\/div>\n
\n
\n
if it’s closing above or below them for<\/div>\n<\/div>\n<\/div>\n
\n
\n
swing trades and we can do the same<\/div>\n<\/div>\n<\/div>\n
\n
\n
thing<\/div>\n<\/div>\n<\/div>\n
\n
\n
on an intraday basis and that’s why<\/div>\n<\/div>\n<\/div>\n
\n
\n
there was so much opportunity in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock today<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the final and the fifth lesson which<\/div>\n<\/div>\n<\/div>\n
\n
\n
is actually the first lesson that<\/div>\n<\/div>\n<\/div>\n
\n
\n
i thought of this morning um when this<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock came up in the morning meeting<\/div>\n<\/div>\n<\/div>\n
\n
\n
today was why maybe i thought i might do<\/div>\n<\/div>\n<\/div>\n
\n
\n
a video on it<\/div>\n<\/div>\n<\/div>\n
\n
\n
was what is the news and so the way that<\/div>\n<\/div>\n<\/div>\n
\n
\n
the morning meeting works is at the top<\/div>\n<\/div>\n<\/div>\n
\n
\n
of the morning meeting i do the<\/div>\n<\/div>\n<\/div>\n
\n
\n
i do the fresh in play news the stocks<\/div>\n<\/div>\n<\/div>\n
\n
\n
with catalyst we go through our<\/div>\n<\/div>\n<\/div>\n
\n
\n
proprietary process for selecting those<\/div>\n<\/div>\n<\/div>\n
\n
\n
stocks and again<\/div>\n<\/div>\n<\/div>\n
\n
\n
i spend 30 minutes teaching that in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading trading workshop at<\/div>\n<\/div>\n<\/div>\n
\n
\n
tradingworkshop.com<\/div>\n<\/div>\n<\/div>\n
\n
\n
um after i go through those stocks with<\/div>\n<\/div>\n<\/div>\n
\n
\n
fresh news i then do what i call<\/div>\n<\/div>\n<\/div>\n
\n
\n
second day and technical plays um<\/div>\n<\/div>\n<\/div>\n
\n
\n
and i open that up if we have time if<\/div>\n<\/div>\n<\/div>\n
\n
\n
people have a stock they want me to look<\/div>\n<\/div>\n<\/div>\n
\n
\n
at<\/div>\n<\/div>\n<\/div>\n
\n
\n
i’ll go through those in the second day<\/div>\n<\/div>\n<\/div>\n
\n
\n
in technical plays and facebook was a<\/div>\n<\/div>\n<\/div>\n
\n
\n
second day in technical play<\/div>\n<\/div>\n<\/div>\n
\n
\n
and had the really strong multiple etr<\/div>\n<\/div>\n<\/div>\n
\n
\n
move yesterday where it broke out it was<\/div>\n<\/div>\n<\/div>\n
\n
\n
a technical but it also had a catalyst<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the person um as i was talking about<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the morning meeting<\/div>\n<\/div>\n<\/div>\n
\n
\n
i said wow that was you know that was a<\/div>\n<\/div>\n<\/div>\n
\n
\n
multiple atr move<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know what exactly was the news<\/div>\n<\/div>\n<\/div>\n
\n
\n
driving that now we know right now one<\/div>\n<\/div>\n<\/div>\n
\n
\n
of the big things of news<\/div>\n<\/div>\n<\/div>\n
\n
\n
is the president has been issuing these<\/div>\n<\/div>\n<\/div>\n
\n
\n
proclamations about<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know tick-tock we’re going to ban it<\/div>\n<\/div>\n<\/div>\n
\n
\n
from bannon from the u.s<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re not going to allow other stocks<\/div>\n<\/div>\n<\/div>\n
\n
\n
trainees companies to trade on u.s<\/div>\n<\/div>\n<\/div>\n
\n
\n
exchanges<\/div>\n<\/div>\n<\/div>\n
\n
\n
this has been going back and forth now<\/div>\n<\/div>\n<\/div>\n
\n
\n
for a number of weeks maybe even months<\/div>\n<\/div>\n<\/div>\n
\n
\n
because we allow chinese companies to<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade on our markets<\/div>\n<\/div>\n<\/div>\n
\n
\n
but there’s no reciprocity there and<\/div>\n<\/div>\n<\/div>\n
\n
\n
so there’s been a lot of draw boning<\/div>\n<\/div>\n<\/div>\n
\n
\n
going on and what happened yesterday<\/div>\n<\/div>\n<\/div>\n
\n
\n
was facebook and you can see from the<\/div>\n<\/div>\n<\/div>\n
\n
\n
headline<\/div>\n<\/div>\n<\/div>\n
\n
\n
facebook and some of the other names<\/div>\n<\/div>\n<\/div>\n
\n
\n
were starting to move higher because i<\/div>\n<\/div>\n<\/div>\n
\n
\n
believe<\/div>\n<\/div>\n<\/div>\n
\n
\n
uh trump said something like we’re gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re gonna ban tick-tock we’re gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
ban<\/div>\n<\/div>\n<\/div>\n
\n
\n
tencent um from being involved in our<\/div>\n<\/div>\n<\/div>\n
\n
\n
markets<\/div>\n<\/div>\n<\/div>\n
\n
\n
and why does that help facebook because<\/div>\n<\/div>\n<\/div>\n
\n
\n
facebook a couple of weeks ago<\/div>\n<\/div>\n<\/div>\n
\n
\n
said they were going to do something on<\/div>\n<\/div>\n<\/div>\n
\n
\n
instagram similar to tick tock<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so even though that news wasn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
fresh yesterday<\/div>\n<\/div>\n<\/div>\n
\n
\n
and the person in the morning meeting<\/div>\n<\/div>\n<\/div>\n
\n
\n
who was asking about the question said<\/div>\n<\/div>\n<\/div>\n
\n
\n
oh there’s old news there’s no news<\/div>\n<\/div>\n<\/div>\n
\n
\n
something i learned very early in my<\/div>\n<\/div>\n<\/div>\n
\n
\n
career don’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
think that you know exactly what the<\/div>\n<\/div>\n<\/div>\n
\n
\n
news was driving<\/div>\n<\/div>\n<\/div>\n
\n
\n
the stock yesterday in facebook this<\/div>\n<\/div>\n<\/div>\n
\n
\n
person had assumed<\/div>\n<\/div>\n<\/div>\n
\n
\n
that it was because they had tic-toc<\/div>\n<\/div>\n<\/div>\n
\n
\n
excuse me that on facebook had announced<\/div>\n<\/div>\n<\/div>\n
\n
\n
instagram<\/div>\n<\/div>\n<\/div>\n
\n
\n
was going to do a competing product with<\/div>\n<\/div>\n<\/div>\n
\n
\n
tick tock that wasn’t what was driving<\/div>\n<\/div>\n<\/div>\n
\n
\n
it what was driving it<\/div>\n<\/div>\n<\/div>\n
\n
\n
was potentially any competition for that<\/div>\n<\/div>\n<\/div>\n
\n
\n
product was going to be banned in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
united states<\/div>\n<\/div>\n<\/div>\n
\n
\n
and facebook is a winner again just like<\/div>\n<\/div>\n<\/div>\n
\n
\n
they won when they took over instagram<\/div>\n<\/div>\n<\/div>\n
\n
\n
they might win with this competing<\/div>\n<\/div>\n<\/div>\n
\n
\n
product because tick tock’s no longer<\/div>\n<\/div>\n<\/div>\n
\n
\n
allowed to exist in the united states<\/div>\n<\/div>\n<\/div>\n
\n
\n
and if we look at the chart here on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
move yesterday in facebook<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s very clear if there was news<\/div>\n<\/div>\n<\/div>\n
\n
\n
driving this it was not just a technical<\/div>\n<\/div>\n<\/div>\n
\n
\n
breakout<\/div>\n<\/div>\n<\/div>\n
\n
\n
the reason we knew that because between<\/div>\n<\/div>\n<\/div>\n
\n
\n
11am and 12pm<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s probably the lightest volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
period during the day<\/div>\n<\/div>\n<\/div>\n
\n
\n
in terms of equities equities trading in<\/div>\n<\/div>\n<\/div>\n
\n
\n
the us<\/div>\n<\/div>\n<\/div>\n
\n
\n
and you can see massive volume that have<\/div>\n<\/div>\n<\/div>\n
\n
\n
circled that area right there<\/div>\n<\/div>\n<\/div>\n
\n
\n
and much higher than the open typically<\/div>\n<\/div>\n<\/div>\n
\n
\n
the highest volume is right on the open<\/div>\n<\/div>\n<\/div>\n
\n
\n
and right on the close and when you see<\/div>\n<\/div>\n<\/div>\n
\n
\n
massive volume like that into a breakout<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know that’s being driven by news and<\/div>\n<\/div>\n<\/div>\n
\n
\n
so the fifth lesson is<\/div>\n<\/div>\n<\/div>\n
\n
\n
know what the news is understand what it<\/div>\n<\/div>\n<\/div>\n
\n
\n
is and don’t be<\/div>\n<\/div>\n<\/div>\n
\n
\n
don’t assume that you know what it is<\/div>\n<\/div>\n<\/div>\n
\n
\n
without spending a little time<\/div>\n<\/div>\n<\/div>\n
\n
\n
researching it<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then on the flip side now that we<\/div>\n<\/div>\n<\/div>\n
\n
\n
know what drove it up<\/div>\n<\/div>\n<\/div>\n
\n
\n
from 250 to 265 and then today to 278<\/div>\n<\/div>\n<\/div>\n
\n
\n
let’s keep our eyes open next week if<\/div>\n<\/div>\n<\/div>\n
\n
\n
the deal gets approved<\/div>\n<\/div>\n<\/div>\n
\n
\n
and microsoft is allowed to buy<\/div>\n<\/div>\n<\/div>\n
\n
\n
tick-tock and they can compete that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
potentially a major negative catalyst<\/div>\n<\/div>\n<\/div>\n
\n
\n
for facebook<\/div>\n<\/div>\n<\/div>\n
\n
\n
and that’s why it’s important to<\/div>\n<\/div>\n<\/div>\n
\n
\n
understand the news and be ready<\/div>\n<\/div>\n<\/div>\n
\n
\n
to take action when the next news piece<\/div>\n<\/div>\n<\/div>\n
\n
\n
comes in so a lot of different lessons<\/div>\n<\/div>\n<\/div>\n
\n
\n
that are applicable you can apply these<\/div>\n<\/div>\n<\/div>\n
\n
\n
across the board to other stocks that<\/div>\n<\/div>\n<\/div>\n
\n
\n
become in play<\/div>\n<\/div>\n<\/div>\n
\n
\n
there were five of them i hope you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
able to take away a few of these for<\/div>\n<\/div>\n<\/div>\n
\n
\n
your own trading<\/div>\n<\/div>\n<\/div>\n
\n
\n
and please in the comments feel free if<\/div>\n<\/div>\n<\/div>\n
\n
\n
you have questions related to any of<\/div>\n<\/div>\n<\/div>\n
\n
\n
these five lessons<\/div>\n<\/div>\n<\/div>\n
\n
\n
or you want to share how you use any of<\/div>\n<\/div>\n<\/div>\n
\n
\n
these particular<\/div>\n<\/div>\n<\/div>\n
\n
\n
lessons or how you traded facebook sure<\/div>\n<\/div>\n<\/div>\n
\n
\n
we all learn from each other<\/div>\n<\/div>\n<\/div>\n
\n
\n
<\/div><\/div>\n<\/div>\n<\/div>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In this video from Steve Spencer, learn 5 important lessons from market leader Facebook. If you’re interested in applying these lessons to other in-play stocks then you won’t want to miss this video.<\/p>\n","protected":false},"author":290,"featured_media":50050,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-50049","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-free-daily-trading-video","post_format-post-format-video"],"yoast_head":"\n5 Trading Lessons from Facebook | 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\/5-trading-lessons-from-facebook\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Trading Lessons from Facebook | SMB Training\" \/>\n<meta property=\"og:description\" content=\"In this video from Steve Spencer, learn 5 important lessons from market leader Facebook. If you’re interested in applying these lessons to other in-play stocks then you won’t want to miss this video.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook\" \/>\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=\"2020-08-10T18:54:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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=\"13 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook\"},\"author\":{\"name\":\"smbcapital\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\"},\"headline\":\"5 Trading Lessons from Facebook\",\"datePublished\":\"2020-08-10T18:54:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook\"},\"wordCount\":2739,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg\",\"articleSection\":[\"Free Daily Trading Video\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook\",\"name\":\"5 Trading Lessons from Facebook | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg\",\"datePublished\":\"2020-08-10T18:54:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"5 Trading Lessons from Facebook\"}]},{\"@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":"5 Trading Lessons from Facebook | 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\/5-trading-lessons-from-facebook","og_locale":"en_US","og_type":"article","og_title":"5 Trading Lessons from Facebook | SMB Training","og_description":"In this video from Steve Spencer, learn 5 important lessons from market leader Facebook. If you’re interested in applying these lessons to other in-play stocks then you won’t want to miss this video.","og_url":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2020-08-10T18:54:37+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg","type":"image\/jpeg"}],"author":"smbcapital","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"smbcapital","Est. reading time":"13 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook"},"author":{"name":"smbcapital","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a"},"headline":"5 Trading Lessons from Facebook","datePublished":"2020-08-10T18:54:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook"},"wordCount":2739,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg","articleSection":["Free Daily Trading Video"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook","url":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook","name":"5 Trading Lessons from Facebook | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg","datePublished":"2020-08-10T18:54:37+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/08\/5-trading-lessons-fb.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/5-trading-lessons-from-facebook#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"5 Trading Lessons from Facebook"}]},{"@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\/50049","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=50049"}],"version-history":[{"count":2,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/50049\/revisions"}],"predecessor-version":[{"id":50052,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/50049\/revisions\/50052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media\/50050"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=50049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=50049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=50049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}