There are three things you need for every trade. Below we discuss a short trade in $YELP. More importantly we discuss how intraday traders must not just be right with direction, but also with time (or seeing the catalyst for the trade) AND while controlling your risk/reward. If you are just right about direction your results will be inconsistent, you … Read More
SMBU Earnings Season: In-House! (Nov 5-7)
Every three months there is an amazing trading opportunity, our trading Super Bowl, for those prepared. Earnings season provides greater opportunities for outsized trading profits for those in the Right Stocks And in the Right Setups And with the Right Process. Those unsatisfied with their results during earnings season must improve on these aspects of their trading game. You can! … Read More
SMB at Stocktoberfest Oct 27-28 San Diego
Mike Bellafiore, author of One Good Trade and The PlayBook and Co-Founder of SMB Capital will be a Speaker at Stocktoberfest in San Diego Oct 27-28. Jack Schwager author of the best-selling Market Wizard series, Howard Lindzon- Co-Founder of StockTwits, Herb Greenberg of CNBC, Josh Brown-@reformedbroker, JC Parets- @allstarcharts, Greg Harmon-@harmongreg, Phil Pearlman of Yahoo Finance, and many other notables too numerous to mention … Read More
How to Win During Earnings Season
Every financial quarter as traders we have our Super Bowl- Earnings Season. These are exciting trading times! New traders chirp, “This is going to be the month I break out.” Developing traders announce,”I am not going to be a wuss during this earnings season and quintuple my profits!” Experienced traders unsatisfied with their results during earnings season declare, “I will … Read More
Trend-Following in Life and the Markets
Traders are always trying to improve their game. Beginners usually jump from strategy to strategy in search for some holy grail that will always win no matter what the markets do. Pro traders outguess their gut and their systems in attempts to make or save an extra buck. Such efforts are usually self-correcting by losing money. I believe we all … Read More
I Hate My Job!
Hi Mike, My name is Assaf and I would like to get your advice if it is possible. I’m 42 years old married with three kids, living in Israel and working as a software engineer. Currently I’m managing a group of engineers and making around $120K a year (in Israel this pretty good salary). I can see my career develops … Read More
Higher Volatility = Higher Trading Expectations
Hey Bella, First of all I want to express how excited I am for this (SMB DNA). I have been trying to trade part time for years and have been on the edge of being good for over a year. I have had some personal issues with my dad’s health that has kept me doing the “safe” thing with my … Read More
An Interview with Mike Bellafiore: His Favorite Trade, Trading Volatility, and Key Market Levels
In the video below, Mike Bellafiore is interviewed before Friday’s open by Benzinga- #PreMarket Prep Show. Mike discusses: 1) Market levels that may signal the end of the market’s uptrend 2) His favorite trade: The Trend Trend Changing Fundamentals Trade 3) What and how to trade when the volatility rises *no relevant positions