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Steve Spencer here from SMB capital prop trading firm New York City todays video Im going to discuss with you how to change your trade plan on the fly every day before the market opens we have a rigorous process where we select the stocks were going to trade before the market even opens we develop detail creating plans on how wed like to get long or possibly how we would like to get short then sometimes things change and we will adjust our plans on the fly sometimes those things will happen in before the market even opens or sometimes afterwards and so todays video Im going to walk you through a real-life example a stock that I changed my trade plan on the fly [Music] before we get into todays example from this morning I wanted to mention that the process that I use to select this stock to trade is a process we developed many years ago to choose the best risk/reward stocks in play for the day we have a two-hour free workshop where I spend about 30 minutes working through that pr
