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
$KORS Short Trade
Watch Mike Bellafiore, author of One Good Trade and The PlayBook, describe a Short Trade he made in $KORS to college trader training students. Mike walks traders through why he wanted to short $KORS, where, how to add to his short position, and the two short setups offered intraday. We hope you enjoy this video! [useful_banner_manager banners=9 count=1] “You can … Read More
Options Trading for Income with John Locke for July 14, 2014
Risk Disclosure No relevant positions
The Power of Focus
Most traders have no idea of the amount of progress they can make when they focus all their resources on mastering a single style of trading. Controlled focus is like a laser bean that can cut through the biggest challenges that have been blocking the path to your success. When you focus consistently on the improvement of any one trading … Read More
Why I Got Long Bed, Bath & Beyond ($BBBY)
In a raging bull market there aren’t a lot of spots to put money to work on the long side that offer good risk to reward. BBBY gapped lower Thursday for the third time this year bringing it within striking distance of important longer term support and around 30% from its high. My thought process was that many large managers … Read More
GoPro ($GPRO) Momentum IPO Trade
Mike Bellafiore, author and co-founder of SMB Capital and SMBU.com highlights a Momentum Trade opportunity in the IPO GoPro (stock symbol $GPRO) with our college training class. Some Highlights: Mike explains the buy signal for this momentum trade. Technical levels in IPOs just one trading day old are significant. Understand this is a momentum trade which has little to do … Read More
Properly Setting Your Trading Goals to Lower Stress
As traders we often set some sort of performance “goals”. We might say something like “My goal is to make $5000 per month trading”. There are problems with that goal, the biggest problem being that we don’t actually have control over how much money we make in any given trade. We might have a lot of influence on how much … Read More
Options Trading for Income with John Locke for June 16, 2014
Risk Disclosure No relevant positions