Properly Setting Your Trading Goals to Lower Stress

John LockeGeneral Comments, John Locke, Trading Lesson, Trading Psychology, Trading Theory1 Comment

As traders we often set some sort of performance “goals”. We might say something like “My goal is to make $5000 per month trading”. There are problems with that goal, the biggest problem being that we don’t actually have control over how much money we make in any given trade. We might have a lot of influence on how much … Read More

The Trading Opportunities Ahead

smbcapitalTrading Ideas, Trading Lesson1 Comment

Mike Bellafiore, author of One Good Trade and The PlayBook and Co-Founder of SMB, offers his State of the Markets in this video below. Bella shares how he characterizes this market. Bella discusses the trading opportunities for the remainder of 2014. These remarks are taken from Bella’s presentation as Chairman for The Trading Show Chicago 2014 last week. What trading … Read More