The emotions we feel and the actions we take are largely dependent on how we remember things. This is because we use our memories to learn. We might think something like “I remember the last time this happened. I did that and got a favorable result, therefore I will do that again.” The challenge however, is that our memories aren’t … Read More
Options Trading for Income with John Locke for August 4, 2014
Risk Disclosure No relevant positions John Locke – www.lockeinyoursuccess.com
Trading Lesson–How To Trade When The Market Is “In Play”
Short term traders can greatly increase their risk/reward and win rate by making sure that they are in the most “In Play” names each day. Occasionally, the market itself becomes “In Play” following a major technical break and I will trade it via index ETFs. Friday morning I shared a price on StockTwits I wanted to get long the market … Read More
Options Trading for Income with John Locke for July 28, 2014
Risk Disclosure No relevant positions John Locke – www.lockeinyoursuccess.com A great way to improve your trading results is by keeping up to date with the latest trading techniques and current market conditions!
Training for Trading Success
Think back to the last time you experienced the opportunity to watch a world class performer, someone who really put on an amazing show. It doesn’t matter whether it was a musician, a sports athlete, an actress, a doctor or a business owner. When you see one of these performers in action, you can’t help but admire their skills. It … Read More
The PlayBook Checkup: Facebook Earnings Trade
Below is our newest installment 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, an SMB trader talks … Read More
Options Trading for Income with John Locke for July 21, 2014
Risk Disclosure No relevant positions
Harness the Power of Your Emotions
As humans we make decisions based on emotions. Of course we sometimes use logic change our decisions but our initial decision, and the one we are most likely to act upon, is always based on emotion. This is because our emotions are much more powerful and react much more quickly than our logic. Therefore, our emotions quickly send us down … Read More