Mike Bellafiore, co-founder of SMB Capital, spoke to students at Pace University about trading and the need to start early while they’re in college if they want to get an edge in trading. In this short clip Bella discusses the concept of being in a state of flow. Flow by Mihály Csíkszentmihályi is a must-read book. A state of flow occurs … Read More
PlayBook Checkup: Breakout Fade ($OPTT)
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about … Read More
Trading Lesson: Establishing A Trading Range—$PLUG
Often I receive questions regarding how I determine important price points for establishing trades. It is a combination of several factors each time but by far the heaviest weight is given to recent support and resistance levels. You would be surprised at how often after I make a trade I’ll receive a comment like “you shorted at the 66.3% fib … Read More
PlayBook Checkup: $CHTR
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about … Read More
SMB Trading Lesson of the Day: Buying Pullbacks on The Open
In this SMBU Trading Lesson of the Day, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about a trading pattern that’s been working in this Bull Market. Highlights from this trade: 1) This pattern works extremely well in a Bull Market. 2) Incorporate this strategy into multiple timeframes. 3) LOW gapped up significantly on earnings; see Mike’s thoughts … Read More
SMBU Trading Tip of the Day ($VSI)
In this SMBU Trading Tip of the Day, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about the importance of execution with an example in Vitamin Shoppe (stock symbol $VSI). Highlights from this trade: 1) You can turn a very good trade into a losing trade with poor execution. 2) Trading is a skill. 3) Market “calls” are … Read More
SMBU Trade of the Week: Facebook
Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about his SMBU Trade of the Week in $FB. Even though he thought $FB was going to trade lower, when it broke out to the upside, he followed the price action and captured an excellent risk/reward opportunity. Highlights from this trade: 1) You do not have to predict where … Read More
Trading Education: Will Adobe Correct Through Price or Time?
Steve Spencer, partner at SMB Capital, discusses an ADBE trade he’s been in for a couple of months. Highlights from this trade: 1) Stocks correct through price or time. 2) Signals to enter a counter trend trade. 3) Knowing when to get out of an extended stock. Steven Spencer is the co-founder of SMB Capital and SMB University which provides … Read More