Steve Spencer explained how to to make money on the open. He discussed the following: Learn why many traders struggle to generate profits during the first 15 minutes How to formulate a plan to trade the first 15 minutes How to control risk during the open How to drill down to the exact setups and the exact prices to trade … Read More
Sometimes it’s your job to lose money
In this video, Seth Freudberg discusses why it is disadvantageous for a trader to get into a mindset that he must win every trade at all costs. He must instead accept that the best trades have anticipated losing months in each year, no matter how well designed that strategy is.
Losing Money On A Trade Is Not The Same As Failing
In our SMBU Daily Video, Seth Freudberg discusses why losses are inevitable in this kind of market. Options traders struggle in volatile markets like we are experiencing. It’s important to keep a proper perspective in these circumstances–losing on trades is expected–as long as you stayed disciplined through the trading process then you didn’t fail–you simply lost money on a trade. … Read More
I am doing so well. I am scared I am about to lose money. (Video)
@MikeBellafiore Well we have all had these feelings as a trader/investor. I am doing so well…this cannot continue. And we are fearful about what is around the corner. I am trading $TSLA so well, this is going to end badly. I am printing money in my $NFLX swing trades, a large loss is coming. I am trading in and … Read More
A Focus on Immediately Being in the Money Helped this Trader Improve
I had a conversation with one of the traders on our desk end of month congratulating him on his improved performance and inquiring on the reasons for it. We sat in my office and I congratulated him on improving from consistently negative to flat for the month. Come again Mike? Why is that something for which to congratulate a … Read More
SMB Capital on CNN Money: Day Traders Salivate Over Market Highs
SMB Capital was featured on CNN Money. Co-founder and partner, Steven Spencer, and Leo Selya, Director of the SMB College Training Program, were interviewed for a segment on what it means to be a trader in this market.
How Long is Too Long to Not Be Making Money?
Dear Bella, Thank you for all the great ideas that you share on your blog. It is a great tool for trader improvement all around the world. I see you helping so many beginners, so I’m sending you this e-mail with the hope that you can help me as well. I’ve been trading for the last 10 years of which … Read More
The Money Trade
This is the setup that has offered the highest win rate intraday since the beginning of October and the greatest risk/reward ratio. It is the setup that I chose to write about in a very cool trading book that will be released in 2011 and I discussed it last week in Vegas during our tape reading/intraday swing lecture. The Criteria: … Read More
- Page 1 of 2
- 1
- 2