Hello Bella I just finished reading ONE GOOD TRADE, and I loved it. I am different from the traders you talk about. I am retired and living off my pension, social security and making up the shortfall by trading in my IRA. Cramer didn’t work very well for me, neither did IBD nor, recently, Gil Morales. I hope it’s just … Read More
Introducing the SMB Options Training Program and the SMB Options Tribe (Video)
Introducing the SMB Options Training Program and the SMB Options Tribe Our webinar will introduce SMB’s brand new Options Training Program-a 12 month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. Then we will launch SMB’s Options Tribe– an online community of … Read More
Irrational Pessimism
While being irrationally exuberant over a short winning streak of options trades leads many traders to recklessly ramp up their capital levels leading to devastating, or even fatal, losses, there is an opposite problem, which is not necessarily fatal, but certainly leads to futility. “Irrational pessimism” is when you lose confidence in your trading strategy when there is no good reason to … Read More