In our SMBU Daily Video, Seth Freudberg discusses how to handle the inevitable execution errors that every trader makes now and then. In this video you will learn: Why you should reverse an execution error immediately after you make it. Why you must not waste time beating yourself up over an execution error. Why you must be realistic and reduce your … Read More
How are you planning to improve your trading in 2016?
Wait a minute… we’ve still got another two and a half months until the end of the year, why are we talking about getting ready for next year? That’s because we believe in goal setting and proper preparation. And proper preparation is a never ending process. Top traders know how they can improve and they are thinking ahead 1 month, … Read More
Mike Challenges a Common Trader’s Statement
In our SMBU Daily Video, Mike Bellafiore challenges the common trader statement “If I see the setup, then jump right in.” He thinks you may say this as well. See if you agree with Mike’s teaching lesson. Have a great weekend. SMBU Team * no relevant positions
Congratulations On A Solid Trading Month! Now What Are Your Monthly Goals to Improve?
In our SMBU Daily Video, Mike Bellafiore shares an exercise he held with his new traders today on the desk. Mike asked our new traders to share one of their monthly goals. In this video you will learn: Some of the monthly goals from traders on the desk. Mike shares an email he sent to a High Performing Trader who made … Read More
A master class of trading lessons from Las Vegas
Last weekend SMB Capital was a sponsor for Traders4ACause in Las Vegas. Many notables from the trading community presented. Below are highlights of the lessons learned from this charity event. I hope their ideas give you ideas to improve your trading and investing. Peter Brandt Models and bottles are not a good reason to enter trading. My presuppositions about trading … Read More
My Preconceived Assumptions About Trading Success Were All False
In our SMBU Daily Video, Mike Bellafiore shares an exercise he held with his new traders today on the desk. Mike asked traders what preconceived assumptions they had about trading success that were false. This video and firm discussion was derived from a Peter Brandt quote from a presentation at Traders4ACause in Las Vegas this weekend. We hope the answers help … Read More
Trading That Crazy SRPT
The most In Play stock this morning was SRPT. It is one of the crazier liquid biotech names from a price action standpoint to ever to grace our markets. Because of the strength of the news catalyst and the size of the reaction this morning it was at the top of our AM Game Plan. I decided for fun to poll … Read More
Inside The Trading Vault – Trade Review -DLTR-
SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault. In my last post, I mentioned the Power of Mechanical Process – Today, we’ll discuss the Power of Trade Reliability by this trade review One of the byproducts of strong mechanical process is Trade Reliability. When a chart builds a … Read More