As a trading psychology coach, one of the more common questions that come up is “How can I be a more confident trader?” This is an extremely important subject because having the correct confidence level is essential to being a good trader. Lack of confidence creates stress and poor trading decisions which lead to unneeded losses. Let’s take a look … Read More
Options Trading for Income with John Locke for May 19, 2014
No relevant positions Risk Disclaimer
Meet SMB at The Trading Show Chicago 2014
Mike Bellafiore, author of One Good Trade and The PlayBook, and C0-Founder of SMB Capital, SMBU and SMB Systems will be the Chairmen at The Trading Show Chicago 2014 this June 4-5. Sign up here to attend. Also if you are from the Chicago area and wish to meet with Mike, feel free to reach out to him at [email protected]. … Read More
How To Be More Consistent in Your Trading
How to Be More Consistent in Your Trading We all have things that we feel quite strongly about, for completely irrational reasons. Me? I can’t stand rollercoasters. While some people get a kick out of the adrenaline rush, I prefer steady and smooth riding. One thing’s for sure—I don’t want the huge swings and volatile ups and downs. With the … Read More
The Secret Key to Your Trading Success
For those of you who knew me early on in my trading career, you’ll remember that I’ve had some great failures. I’ve made mistakes, had repeated losses and have felt like I was never going to make it at times. Luckily for me I had already secret knowledge required to become a great trader and once I discovered I already … Read More
Why Blindly Following Your Options Trading Rules Eventually Leads to Failure
Trading rules are designed to help us make money and eventually become a better trader. Unfortunately market conditions change. The static examples you find in trading education don’t provide guidance to navigate new price action. This is where the rubber hits the road and where success or failure lives or dies. How do you adapt? What is your plan after the perfect … Read More
Options Trading for Income with John Locke for May 12, 2014
No relevant positions Risk disclaimer ALL of the May expiration sample TRADES on the website have been closed at a HEALTHY PROFIT. Be sure to watch this replay of Option Trading for Income Weekly Update for the RESULTS! John LockeBe sure to visit our trading blog: www.lockeinyoursuccess.com And check out this video: http://www.smbtraining.com/blog/yeste…
Options Back Testing Report
(Please note the following is based on hypothetical trades using historic data.) The SPY Detector signal has a 20 year history of successfully navigating the underlying price change of the S&P 500. The signal is made up of 5 sub-systems that follow trend and momentum using proprietary indicators. Each of the 5 underlying systems makes up 20% of the total … Read More