I have been listening to a great deal of the Toddler music channel on Pandora so pardon my lyrics. First comes skill Trading Skill! Next comes edge Trading Edge! Then comes trading profits in your head …..And in your bank! Our firm has edge during Russell imbalances. I was discussing this strategy in theory with our college training class, exposing … Read More
Harness the Power of Your Emotions
As humans we make decisions based on emotions. Of course we sometimes use logic change our decisions but our initial decision, and the one we are most likely to act upon, is always based on emotion. This is because our emotions are much more powerful and react much more quickly than our logic. Therefore, our emotions quickly send us down … Read More
Options Trading for Income with John Locke for July 14, 2014
Risk Disclosure No relevant positions
The Power of Focus
Most traders have no idea of the amount of progress they can make when they focus all their resources on mastering a single style of trading. Controlled focus is like a laser bean that can cut through the biggest challenges that have been blocking the path to your success. When you focus consistently on the improvement of any one trading … Read More
Recording: How Do You Obtain and Maximize Your Edge
Yesterday, Mike Bellafiore, author of One Good Trade and The PlayBook, hosted a free webinar on how to find your trading edge. If you missed the webinar, you can catch it here! Enjoy the video! “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, … Read More
Webinar: Trading Edge: How Do You Obtain and Maximize Your Edge
This Thursday at 4:15PM ET, Mike Bellafiore, author of One Good Trade and The PlayBook, will be hosting a free webinar on how to find your trading edge. Questions will be answered as they are asked during the presentation in our chat. Please feel free to e-mail Mike with any suggestions for this webinar, [email protected]. “You can be … Read More
How Do I Simplify My Trading?
Dear Mr. Bellafiore, My name is (deleted), and I’ve contacted you in the past. One of our conversations ended up on your blog and eventually made it into your book (http://www.smbtraining.com/blog/should-this-trader-make-a-comeback). Your responses to my inquiries have always been courteous and insightful, so I’m turning to you once again for some more advice. With the full support of my spouse, … Read More
Finding and Increasing your Trading Edge
One trader on our desk offers a best practice to emulate. This trader had been gross negative 3/4 past months prior to June. He is a hard worker, focused on the markets, disciplined and well-trained. He is one of the guys who can make it. Yet, while I wouldn’t say it was a large deal that he was not yet … Read More