The education of a trader: The PlayBook

BellaGeneral Comments1 Comment

  mikebellafiore In my second book, The PlayBook, I advocate archiving a favorite setup from each trading session. After each close, choose a best setup from the session that fits your trading style.  Reverse engineer the variables of that trade.  Archive this trade in a comprehensive format, perhaps like the SMB PlayBook.  As traders we should build from our strengths, … Read More

The Education of a Trader: Trading on Tilt

BellaGeneral Comments, Trader Development, Trading Psychology2 Comments

Our friends at Tradeciety.com asked: How do you deal with emotions in your daily trading? What are your tips and suggestions that help you avoid, if possible, making emotional and psychologically caused trading mistakes. @MikeBellafiore Trading on tilt is the 800 pound gorilla on every trading station.  On our desk today there were a few desk slams in this $FB, Facebook, … Read More

A Smooth Sea Never Made a Skillful Sailor

John LockeGuest Blog, Health and Trading, John Locke, Options Education, SMB Options, SMB Video Blogs, Trade of the Week, Trader Development, Traders Ask, Trading Ideas, Trading Lesson, Trading Psychology, Trading TheoryLeave a Comment

People are made for challenges. When we respond to challenges, we become alert. As we move and think to overcome those challenges, we build physical and emotional muscle. We open up our bodies and minds to new possibilities. We learn and grow at an astounding pace, becoming stronger and creating amazing things. In the absence of challenge however, the opposite … Read More

Super Trader!

John LockeGuest Blog, John Locke, M21 Trading System, Options Education, SMB Options, Traders Ask, Trading Ideas, Trading Lesson, Trading Psychology, Trading Theory3 Comments

  Being successful at trading is really quite simple.  Follow a certain set of principles over an extended period of time and eventually you’ll produce great results. Unfortunately learning, and more importantly applying, those concepts can be quite challenging. This is especially true when the process is approached with the wrong psychology. And if you think about it isn’t it … Read More

Options Trading for Income with John Locke for December 8, 2014

John LockeGuest Blog, John Locke, M21 Trading System, Options Education, SMB Video Blogs, Trade of the Week, Trader Development, Traders Ask, Trading Ideas, Trading Lesson, Trading Psychology, Trading TheoryLeave a Comment

No relevant positions Risk disclaimer A great way to improve your trading results is by keeping up to date with the latest trading techniques and current market conditions! Click HERE and join me every Monday at 9 AM EST for our free “Options Trading for Income” Webinars! Where you get expert analysis of the markets and the opportunity to follow … Read More

Don’t Lose the Trade Before You Enter It

John LockeGuest Blog, Health and Trading, John Locke, Options Education, SMB Options, Trader Development, Traders Ask, Trading Ideas, Trading Lesson, Trading Psychology, Trading TheoryLeave a Comment

Trading is similar to playing sports at an elite level, they‘re both mentally demanding. In fact it is quite common in sports for a highly gifted athlete with a compromised mindset to lose miserably against a much less talented competitor utilizing the proper mindset. Trading is the same way. You can know everything about charting, indicators and options. You can … Read More