I was on the subway after work yesterday and a tweet from @gtotoy caught my attention. It was a friendly reminder that we all need from time to time to not simply use our review process to focus on our flaws and what did not go as planned. It is just as important, no actually more important to recognize that … Read More
“Best Stock Trading Book I Have Read, Easily”
E. Ottens recently wrote a glowing review of The PlayBook for Amazon. We thought you would like to see it: The second-best was Bellafiore’s first book, One Good Trade. I’ve worked at a prop firm for a couple of years and have been consistently profitable for the last nine months. I would advise anyone considering this as a career to … Read More
Poems 2.0 Stock Challenge
SMBU is proud to be a sponsor of the Poems 2.0 Stock Challenge with our Singapore partners Phillip Capital. Are you ready to pit your skills against other individuals from the region? Prove that you have what it takes to be one of our Champions! To register, visit www.ppoems.com.sg/stockchallenge and choose to compete in one of the … Read More
Zolio Trading Competition
Do you have what it takes to be a great trader? For college students who are either interested or passionate about the markets, SMBU is proud to be a sponsor for the 2014 Zolio Spring Trading Competition. Registration is still open for this multi campus-wide event that is set to kick off in February. This is a great opportunity for … Read More
Why set goals? Not just in trading but in any part of life?
“Top scientists estimate that we’re bombarded with over 400 billion bits of information every second. There is no way we could possibly pay attention to this much information. It would literally drive us insane. In fact, we are only capable of consciously processing approximately 2,000 bits of information. That’s only 0.0000005% (5 ten-millionths of 1 percent) of the world around us. This means that we … Read More
Enhancing Trader Performance: Overcoming the Fear of Success
*****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 Believe it or not the fear of success could be keeping you from succeeding. But isn’t success what we want? Why would … Read More
My Thought Process: $FB
Before I start to break down each StockTweet I want to share some background information for this trade. FB reported a huge fundamental shift in their most recent earnings report on July 24th. FB’s mobile revenue as a percentage of its total revenue doubled. This was a game changing piece of information as the largest impediment to FB’s stock performance … Read More
Before Placing a Trade: Embracing Risk Management for Success
Today’s lesson is going to be a little about trading psychology and a little about money management. At the end of this post we have provided additional training videos to further enhance your skills. We are going discuss what risk is and how most traders view it from the wrong perspective. First, let’s cover a couple of definitions: Money management is how … Read More