The Simple Trading Setup That Made Lance Breitstein Millions $$$

What does it take to become one of the top traders at a leading prop firm? In this high-impact session, Lance Breitstein—ex-top trader at Trillium and advisor at SMB Capital—shares the exact system that made him a millionaire. Learn how Lance used a single, powerful concept—trading with the trend—to eliminate big losses, optimize entries, and scale up into high-conviction trades. Packed with actionable insights and real examples, this is a must-watch for any serious trader.

🔍 What You’ll Learn in This Video:
✅ How Lance defines and trades with the trend across all timeframes
✅ Why trading against the trend led to his biggest losses
✅ How to structure mean reversion trades with low risk and high reward
✅ The checklist Lance uses before every trade
✅ Why trend alignment across timeframes leads to monster setups
✅ How to build a system that removes emotion and overtrading

If you're ready to systemize your trading and scale your edge like a top prop trader, this session delivers the blueprint.

Enjoy!

- The TraderLion Team
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Timestamps:
00:00 – Introduction: Lance's journey to 8-figure trading success
01:54 – Why trading with the trend changed everything
05:28 – Fighting the trend: How big losses nearly ended his career
07:00 – What is a trend? How to define it across timeframes
10:36 – Tools for trend: VWAP, moving averages, and trendlines
14:17 – The counter-trend setup: Trading the right side of the V
18:42 – Key rules: No trades in range-bound stocks, no longs below VWAP
21:24 – Case studies: AVGO, Tesla, GME, and more
28:47 – How to avoid massive drawdowns and improve win rate
32:05 – A 7-figure trading day: News catalysts and counter-trend setups
37:42 – Lance’s 4 challenges to systemize trend trading
42:21 – Risk management: Stop-loss rules and trade sizing
50:23 – Sizing up: How Lance rates A+, B, and C setups
54:13 – How Lance times entries using 2-minute bar highs
58:52 – Using sentiment and volume to confirm capitulation
01:08:32 – Overtrading: Why it happens and how to fix it
01:12:08 – Daily report cards, journaling, and reviewing top trades
01:16:52 – Best times for capitulation setups: Open, close, and theme shifts
01:22:51 – Lance’s core setups and how he adapts to market themes
01:28:35 – Final thoughts: Trust your system, enjoy the process
Key Resources:

Masterclasses:

TraderLion Annual Conference:

[TraderLion]

🕰 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

[TheMilkman-kp]

I can’t believe this video is free. Unreal information that took him slot of time and experience. Good for him. He must have just made and can make so much money he passes it on for free. What a great guy and guy video. Download this and review it over and over and over. Hope you all keep a ton and your dreams come true! 🎉

[stelzalol]

Lance Breitstein, one of the greatest traders, teachers and all round gentlemen of our current era. Thank you for what you do Lance.

[josephcjr]

Probably one of the best videos ever by TraderLion. I think Lance has so much expertise that he shares openly. Even if you don't trade the lower timeframes the way he does, time is fractal. These lessons persist across all timeframes. Great job Richard, TraderLion and definitely Lance! This is like getting basketball lessons from LeBron. You listen and take notes!

[brentwilton]

This is Gold, Thankyou Richard for interviewing Lance and Thankyou Lance for the golden nuggets.

[randyrobinson]

I wish I could personally sit with Lance for 15 minutes, his videos are so empowering

[JAbc]

Love Lance, such a bright personality, extremely patient. He's a gem to the trading community

[megawatt]

Hands down one of THE best interviews!! Massively value packed, detailed information & succinct, from a true expert. Thx. I’ll listen to this many times. ❤

[posthardcoresinger]

It's crazy how many different opinions you can get from world class traders. You've got traders at Lance's level that could care less about news and will simply systematically follow trends in "efficient" markets as much as you have the stock scanner bros. I really think it's just individualized. I don't believe anyone actually really knows anything lol, it seems like there are some basic principles that are mandatory like risk management, and that TA is simply a means to structure your risk. I think you just have to learn your metrics and figure out how to sit with the streaks in either direction without being set off psychologically, then wait for the win streaks to be the big stair steps to your account balance every so often. You can compound so fast just letting the market do it's thing and being systematic, not guessing, and even taking setups that look terrible on the face of it just using good sizing and management. I guess my thought process can't account for guys who make it in range trading though, I have no idea how they manage that.

[aliosman]

One of the best and beginner friendly videos on trading. Everybody can tell that the lecturer has extensive experience in trading. I learnt a lot from this video and I will apply them in my day trading trades.

[g_b]

Watched every single video on your channel. This one is probably my favorite. I've watched it several times and it makes me think about new stuff every time.
Let's make a part 2 with Lance happen!!!

[marcojuarez]

Best teaching video I seen in the longest in YouTube.
Thanks to you both..

[tonijlondon]

Thanks Lance and Richard. Lance, you really are giving back so much to the community. So much trading wisdom. People: listen, take notes, do the required word, and replay and replay what Lance is saying.

[necaaa]

This is probably one of the best interviews of a trader i've listened on youtube, thank you Richard for bringing Lance on the podcast so he can share some of he's valuable insights on the market!

[suvadeepghosh]

Sir its your channel.. i watched recent podcast of yours..i have learnt lots of stuff from ur podcast..i love ur style of trading..thank u sir for giving us some insights from elite traders like u

[danle]

Awesome content! I love watching the SMB videos and especially Lance explaining how to incorporate the methods that they use in so many ways, and very inspiring and informative. Looking forward to your next interview with Lance and other experts. Thank you Richard

[math]

Lance is a monster trader. Thanks for the video as always, Richard

[midnightsxtc]

13:56 time is def. fractal on charts. 1:01:18 true for internal dialogue & its based on sentiment

[JM-cibm]

One of your best videos. Clearly Lance is a pro. Such a wealth of knowledge, and so happy to share it.

[icedsolid]

As an active trader, it's worth pointing out that knowing the trend and knowing the timeframe of the trend are equally important. You can be trading on shorter timeframes 'counter-trend' to the primary trend on a larger timeframe, because the shorter term trend is different across the timeframes; As Lance mentioned, the trend can be strengthened by seeking confluences of matching trends on different timeframes where they are all in the same direction and this is not to be underestimated. I'm pointing this out because it's easy to start trading counter-trend on a shorter timeframe, then attempting to let the loss run to come good (negative cognitive bias) when in fact, you are now following the longer term trend which was never in your favour. Making these decisions on the fly without some kind of system or automation for each aspect of the trade makes things very complicated and prone to failure.