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
Options Trading for Income with John Locke for June 8, 2014
Weekly Update! M21 Webinar Replay! No relevant positions Risk disclaimer John Locke – www.lockeinyoursuccess.com
The Trading Opportunities Ahead
Mike Bellafiore, author of One Good Trade and The PlayBook and Co-Founder of SMB, offers his State of the Markets in this video below. Bella shares how he characterizes this market. Bella discusses the trading opportunities for the remainder of 2014. These remarks are taken from Bella’s presentation as Chairman for The Trading Show Chicago 2014 last week. What trading … 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
Options Trading for Income with John Locke for June 2, 2014
Risk Disclosure No relevant positions John Locke
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
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