On June 4th we posted a pre-market video in which I discussed a potential “gap fill” trade in TIBX. When a stock gaps outside of the prior day’s range you have three options. Play it for a continuation in the direction of the gap, play it to fill some or all of the gap, or simply take a pass on trading it. I have … Read More
How To Remove Your Emotions From Trading
Investors and traders around the world are always wondering “How do I remove the emotions from trading?” We’ve all experienced the downside of emotions –panicking and closing out a trade at the worst possible moment; being too greedy and taking on an excessive amount of risk; or just watching our overall emotional state fluctuate with the markets. The natural reaction … Read More
How Do You Start Trading Without A Methodology?
Starting out in trading and investing can be a daunting challenge. Surveying successful traders, they will give you advice like “You need a methodology that works”; “You need a style that’s all your own”; “you have to find your own way”. That’s great, but when you are just getting started, you’re probably wondering how you’re going to make any money. … Read More
Inspiring Journey: From Career Change to Becoming a Full-Time Trader
Hello Mike, Thank you for SMBU and your video’s. Very motivational and inspiring. Have you ever had older people, (40-50’s), enter the trading business? I’ve been in aerospace manufacturing biz for over 25 yrs now, its ok, but my passion is following equity markets and this passion has grown for a very long time. Any advice for someone such as … Read More
Are Great Traders Born or Made?
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note How you answer this question can help determine your eventual success. For instance, if you see your failures as stepping stones to … Read More
The PlayBook Checkup: Fade Trade $DEPO
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video … Read More
Webinar: The M21 Trading System
In this video, John Locke returns to the Options Tribe for a special presentation of his long awaited M21 Options Trading Strategy Video Series. Enjoy the video! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn … Read More
Why Some Traders Almost Always Make $$ (SMBU Webinar Rewind)
Mike Bellafiore, Co-Founder of SMB Capital and SMBU and author of One Good Trade and The PlayBook, with Co-Founder Steve Spencer, present a trading webinar for the trading community: Why Some Traders Almost Always Make Money. Bella and Steve discuss 11 principles to become a successful and sustaining short-term trader. Goals: Why Intraday Traders Almost Always Make Money $$ Stocks … Read More