Traders, Right before I discuss my top ideas for the week, I wanted to briefly mention an important observation. An elevated VIX, as we currently have, is extremely different from a subdued VIX. When the volatility index is trading at elevated levels, swing trades become more risky as significant overnight directional gaps become likely. Move2Move type trading, along with trading … Read More
Are trading chat rooms a waste of time?
“Meaningful work and meaningful relationships aren’t just nice things we chose for ourselves- they are genetically programmed into us. Working effectively with others is critical to getting what you want out of life.” -Ray Dalio, founder Bridgewater. These days, anyone can connect to a trading chat room, a chat where trading ideas are shared. But do they really help? What … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of July 29, 2024
Traders, Last week, the top trade idea that I shared in IWM played out extremely well and was my best swing trade of the week. In my latest Inside Access meeting, I reviewed it in detail, going over my executions and thought process. So stick around as I share my top ideas for the upcoming trading week. I’ll go over … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of July 22, 2024
Traders, I’ll be sharing my top ideas, thought process, and precise entry and exit plans with you for the upcoming week. Now, just before we get into that, some important reminders. Earnings are getting underway, and this week, several market giants, like Tesla and Alphabet, reporting earnings. Last week was driven in many aspects by breaking news and headlines, … Read More
Elite Traders Kryptonite (Shocking!)
What if I told you some of the best prop traders experienced periods of awful trading? I might go so far as to say their results were awful during specific periods. They lost money. They made unforced errors. They lost confidence. You might have periods in your trading where you conclude you are terrible. You wallow in despair that you … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of July 15, 2024
Traders, Get ready for a thrilling week with some fresh trading ideas. In this update, I’ll break down my thought process and share my entry and exit plans for my top ideas. During my latest Inside Access meeting, I reviewed my trades and executions from last week, including my top trades and thought process from Monday to Thursday. For those … Read More
You Are Meant To Do Something Great (A Note to Traders)
Dear Traders, You are meant to do something great. At SMB Capital, a proprietary trading desk in NYC/Miami, we are proud to have developed numerous 7-figure-a-year and even 8-figure-a-year traders. Yes! Become your best trader with impressive PnL. But there are many other ways to be great as a trader at a proprietary trading firm or elsewhere. Being great at … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of July 8, 2024
Hey Traders, Get ready for an exciting week ahead with some fresh trading ideas. In this update, I’ll break down my thought process and share my entry and exit strategies for my top ideas, which are set for significant directional moves. In my latest Inside Access meeting, I detailed my exact trades and executions, and last week’s watchlist was spot … Read More
