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 not as important as trading skill.

4) Watch Mike “call the bottom” in $VSI in real time and time-stamped on SMB Real Time, and then honestly discuss a trading execution error that kept him from optimal gains.

5) Pro traders mess up all the time.

We hope you enjoy this trading education video.