Marko Gränitz a German trader wrote a book review on One Good Trade by Mike Bellafiore. Below is Marko’s review translated from German to English. Marko: The best trading book: One Good Trade One Good Trade was one of the books that I devoured in no time. A book that absolutely belongs on the shelf. And if you ask … Read More
Lesson 7: The Mental Game
In the last installment of my series, Seven Lessons I’ve Learned, we will cover a part of investing and trading that can change how everything else works: the mental game. Like with any peak performance activity, the absolute top performers have gotten there through developing both their skills and also their psychology and mindset. Peak performers are the kind who … Read More
One Good Losing Trade $BABA
In this video Mike Bellafiore discusses a recent trade in $BABA that turned out to be a losing trade but there were many lessons learned from the trade. Enjoy the Video! “You can be better tomorrow than you are today!” Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. … Read More
The PlayBook Checkup ($TRLA Strong Uptrend)
Below is our third edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a new trader from our desk will have a PlayBook trade they archived reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. Watch this review of a Strong Uptrend in $TRLA. Highlights: a) The … Read More
Guest Post: My Best Trade In 10 Years
Today I had my best trading day in 10 years of trading. It was today’s One Good Trade. During that 10 year period I have read over 100 trading books, attended at least two dozen live trading seminars and read a gazillion online posts from trading “experts”. Despite all of that self-education I never took the plunge to subscribe to … Read More
How To Tell If A Trading Book Is Useful
As part of your desire to learn more and improve as a trader, you have probably checked out some books on the subject. Some of them, like Market Wizards, are truly inspiring and excellent reads. Maybe some of them have been helpful but most likely a lot of them were bad. Similarly, if you go to a bookstore or browse … Read More
Getting That One Good Trade
Mike Bellafiore, author of the “trading classic” One Good Trade, was mentioned in Straits Times during his trip to Singapore. To read the article click here: Getting That One Good Trade
Expiration Friday Pinning Trades in GOOG and AAPL
The great thing about options is that they can be played in so many different interesting and creative ways. A case in point: There is a cult of options traders who focus on the last two days of the monthly options expiration cycle. These traders focus, separately, on expiration Thursday trades and expiration Friday “pinning” trades. The premise for each … Read More