Welcome back to our new series 30 trading habits in 30 days. Today we share habit #10- critical feedback. Do you get critical feedback of your trading? If not you will not learn how good you can be. Last week I read a daily review from a trader: If I see the setup, jump right in. My critical feedback to … Read More
30 trading habits in 30 days- monthly goals
Welcome back to our new series 30 trading habits in 30 days. Today we share habit #9- Set monthly goals. I spoke at Pace University today (picture above) and spent an hour lecturing on what it is really like and what is really important to become a successful trader. Doing a monthly review is one of those non-glamorous musts that … Read More
30 trading habits in 30 days – Trades2Learn
Welcome back to our new series 30 trading habits in 30 days. Today we share habit #8- Trade2Learn. Don’t just journal, keep your trading journal open while you are trading. How does this help your trading? 1) It relieves pressure. Instead of fixating on whether a trade will work or not, be obsessed with what you can learn from … Read More
Mastering Market Orders in Options Trades: A Comparative Guide (RUT vs. IWM)
Limiting risk is critical to the long term success of your trading. Every strategy has a downside. Every trade is subject to having you on the wrong side of a big move. It’s important to have a plan to keep that risk in check. Some options strategies have built in risk. Meaning there is no way to lose more than … Read More
The Two Best Trades Working in this Market (Webinar Sign Up Here)
Join us this Thursday 4:30PM EST for a Free SMBU Webinar: The Two Best Trades Working in this Market. Steve Spencer will discuss his favorite setup, The Money Trade. I will discuss my favorite trade. Click here to attend the event. Learn new setups Hosted by SMB Partners Steve Spencer and Mike Bellafiore Q&A until all questions are answered Entries … Read More
How to Stop Making Bad Fade Trades
One talented developing trader we work with is struggling with making poor fade trades and controlling his risk. I know many in the trading community struggle with poor fade trades and losing too much in lesser trades. The exchange between this trader, his solutions, and my response might be able to help. After a huge rip and then bounce back … Read More
How I Traded Two IPOs Today ($CYBR and $CFG)
Watch Bella explain how he traded two excellent IPO opportunities today. You might notice both were not named Alibaba 🙂 “You can be better tomorrow than you are today!” 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 PlayBook. … Read More
The Easiest Trade During the $BABA IPO
Watch this video below on how to attack the $BABA opportunity by trading $YHOO. The $YHOO short was the easiest trade during the $BABA IPO session. Watch Bella explain this excellent risk/reward trade with SMB’s new traders. “You can be better tomorrow than you are today!” Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education … Read More