In this SMBU Trading Lesson of the Week video Mike discusses: The Line you Cannot Cross as a Trader. You can sign up for our free daily trading video here! Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The … Read More
The Idiot Trade in American Airlines
In this SMBU Trading Lesson of the Week video Mike discusses: 1) An idiot trade he made in American Airlines 2) How to make an idiot trade into a constructive learning experience 3) The importance of taking notes of your trading during the day 4) Don’t be so hard on yourself as pro traders make mistakes as well You can … Read More
Embrace Progress: You Can Be Better Tomorrow Than You Are Today! (video)
The other week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon. My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading. Below is the final part of the video series. In this video Mike shares a philosophy that drives his firm: 1) You can be better tomorrow than you are today! (his personal mantra and … Read More
The Great Automated Failed Discretionary Trader (video)
The other week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon. My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading. Below is part 7 of the video series reconstructing my presentation. In this video Mike discusses: 1) An anecdote about a great automated trader formerly a failed discretionary trader 2) Adding automated trading … Read More
A Successful Trader Who Made a Late Career Change to Trading Successfully
The other week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon. My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading. Below is part 6 of the video series reconstructing my presentation. In this video Mike discusses: 1) An anecdote of a successful trader who made a late career change to trading successfully 2) … Read More
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 Financial Media, Game Change and Trading
We learn in Game Change that John Edwards rose to serious presidential candidate with a pregnant mistress. He was running as a devoted family man. In this same book we learn that John McCain’s staff legitimately wondered if Sarah Palin was psychologically stable, yet she was the VP selection for the Rs. Everyday trading gurus go on TV and make … Read More