You say: I want to be a professional trader. I need to work as hard as I can to accomplish that goal. I will outwork everyone at my firm or in my trading community. There is a problem here. Catch it? To accomplish your goal working as hard as you can will not help you accomplish your goals. That will … Read More
What to Do When Your Bearish Ideas Aren’t Working?
In this video, Andrew shows you the results of a 5+ year back test using VXX and UVXY.
The Two Best Trades Working in this Market (Webinar Sign Up Here)
Join us this Thursday 4:30PM EST for a Free SMBU Webinar: The Two Best Trades Working in this Market. Steve Spencer will discuss his favorite setup, The Money Trade. I will discuss my favorite trade. Click here to attend the event. Learn new setups Hosted by SMB Partners Steve Spencer and Mike Bellafiore Q&A until all questions are answered Entries … Read More
Why do Proven Trade Ideas Suddenly Stop Working?
The most frustrating time in your career is losing money on proven set ups. It’s not you, it’s Me New traders grind out losing trade after losing trade because they want to be disciplined but they simply don’t have the experience to realize it’s actually the market and not the strategy. When is a consolidation a continuation pattern and when … Read More
Trading Off of Levels: How a Real Trader Works
There is this developing trader, who sends me a summary of his trading at the end of every week. I asked him to do this so I have data on whether we should hire him for the desk. He’s not quite ready but I love to see his progress. Mostly I want to see how he handles success and failure … Read More