This Thursday edition of Trading Live With Bubba is a good illustration of what disciplined, rules-based trading actually looks like on a quiet day — which is to say, mostly patience. Bubba opens by noting the market is unusually quiet, with volume running a touch better than the prior session but still lacking the “speed and velocity” his three-standard-deviation mean-reversion method depends on to generate signals. The core of his methodology gets a clear explanation this episode, which makes it a good entry point for anyone new to the show. Bubba tracks intraday price action against a rolling mean using a short time frame — he mentions four minutes as his personal setting, though he notes the concept works on any interval a trader prefers. When price moves three standard deviations away from that mean, historical odds favor at least a partial pullback roughly 90 percent of the time. The execution discipline that follows is just as important as the signal itself: on multi-lot positions, he typically takes partial profits quickly at a modest tick target, then moves the stop on the remaining contracts to breakeven, letting a “runner” position capture any extended move. That’s exactly what happened on a trade earlier in the session that viewers watching the stream got to participate in, even though the pace stayed too slow for new setups afterward. Bubba also walks through his running win-rate framework, which is one of the more genuinely instructive parts of the episode for viewers trying to build their own systematic approach. He explains that a 90-plus percent win rate, which his “Market Mavericks” morning strategy is currently running, actually signals a strategy that isn’t taking enough trades — the sweet spot he targets is closer to 70 percent, which allows for a healthy sample size while still being profitable given asymmetric risk-reward setups. He’s candid that roughly 30 percent of trades under his approach won’t work out, and he says the key is knowing your defined risk upfront while accepting that reward is inherently uncertain. He also mentions a personal practice of tracking losing trades specifically in a running log, since winners take care of themselves in the account but losers are what need active monitoring for potential position adds during a proven strategy’s inevitable rough patches. On the actual position side, the account is running hot: Bubba notes the desk closed out two credit spread positions today, bringing the running streak to 12 wins in the last 12 credit spread trades, with open positions in names like Coin and Monster (MSTR) — flagged explicitly as duplicative exposure players should only take one side of, not both — continuing to work in the account’s favor. He also runs through a lengthy symbol-by-symbol scan covering names from Apple and Amazon through Nvidia, Tesla, and Palantir, repeatedly noting “nothing to do” as each fails to meet his strict entry criteria, which is itself a useful teaching moment: showing viewers what a disciplined pass looks like rather than only showing the trades that get taken. The episode closes with a broader philosophical note that’s become something of a signature for the show: staring at a chart long enough will always produce something that looks tradeable, and that’s precisely the trap disciplined traders need to guard against. With nothing meeting his criteria as the session winds toward its close, Bubba wraps early, previews two positions expiring the next day (MSTR and Coin), and signs off until the next live session, reminding viewers he sends a written pre-market update every morning through the same site for those who want his read on setups before the bell. |
About Trading Live With Bubba
Trading Live with Bubba is a live-session show on the Tradier Hub YouTube channel hosted by veteran trader Todd “Bubba” Horwitz. Airing Tuesday and Thursday mornings, Bubba scans markets in real time, calls out credit spread and day trade setups, and teaches trading discipline through live narration.
