Why I Tweeted HUM was a Short
Today during the trading session I tweeted on StockTwits about an excellent $HUM short opportunity, as you can see below. The funny part about these tweets, and I will let you do the research, is I was...
View ArticleDid My Exit Make Sense?
Yesterday I had an alert set for BIIB at 192 as it was support into the Close the previous trading day. In stocks that are in strong uptrends I like to buy at this price level if I see support on the...
View ArticleMy Thought Process: $NFLX
NFLX had a very powerful downtrend the prior day when it broke the March 28th support of 188.70. I was continuing to monitor it for a break of the 180-179 area. I missed the initial short entry on the...
View Article[Recording] Andrew Falde: The Power of LRC Credit Spreads
SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the...
View ArticleDon’t Be A Trading Cliche
The trader who doesn't like to share ideas and strategies with others because they actually believe their techniques are so special that they will lose their "edge" if they share. seriously. The...
View ArticleJared Levy on Bloomberg TV
Jared Levy, who created the options video series "The Vertical Spread Advantage" for SMB Options, appeared recently on Bloomberg TV to discuss "The Options Trade on US Housing". Please sign up below to...
View ArticleThis is What a Successful Trader Looks Like
Hi, I applied yesterday for a spot in SMB Capital's team. My resume is poor. I'm trying to increase my chances. This was my yesterday trades. http://img526.imageshack.us/img526/1007/1bbgg.jpg...
View ArticleIs My Trading Scalable?
Hi Mike, Thanks for your offer to answer my question this afternoon by email. I wondered why you said it takes $1M - $5M to make $1M in annual profits? One can certainly make more than $50K annually...
View ArticleDo You Need to Take a Walk (Trader)?
Thank you for the lesson last night Pro or Piker. I just reminded me of some thoughts that I had forgotten. Though I wasn't sure one question I asked was seen. When you rip a trade and you see another...
View Article[Recording] The Playbook: Are You a Pro Trader or a Piker?
If you missed this Webinar by Mike Bellafiore, author of the “trading classic” One Good Trade, on “Are You a Professional Trader or a Piker?”, you can watch the recording now.
View ArticleGrowth Up
Mike, When I read one good trade and asked you some questions a while back, I didn’t put the pieces together. Am I correct in saying you expect all 66 traders to treat the trading as a job? Though one...
View ArticleGo for Growth
In full disclosure this blog post idea comes from listening to my wife and what she has to say about her reading. I recommend doing more of that :) . In her highly publicized book Lean In (gr8 title)...
View Article[Free Webinar] The Playbook: Earnings Season
Please join Mike Bellafiore, author of the “trading classic” One Good Trade, on Thursday, April 11th at 4:15PM EST for the free Webinar Series, The PlayBook. This week, Mike will discuss what you...
View ArticleForex Trading: Know Your Time Frame
One of the more common mistakes I see new traders make is executing a trade idea that came from a larger time frame analysis, but justifying the entry from a set up appearing on a smaller time frame...
View ArticleFree Options Webinar: Steve Lentz: Analyzing the Broken Wing Butterfly...
Tuesday April 16th 2013 at 5pm EST SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the...
View Article10 Ideas to Create a Good Trading Journal
Mike, You've mentioned having a journal, and a detailed journal on a number of occasions. It always makes me feel guilty because I haven't been keeping one and I don't know what I'm missing. In the...
View ArticleHow Long is Too Long to Not Be Making Money?
Dear Bella, Thank you for all the great ideas that you share on your blog. It is a great tool for trader improvement all around the world. I see you helping so many beginners, so I'm sending you this...
View ArticleFree Open House for College Students
Join us this Saturday, April 13, 2013, at our new offices for our Open House for college students. We will explain our summer training programs created specifically for college students, and you will...
View ArticleSometimes Being Contrarian Means Betting on the Trend
A dip against the long-term trend offers a high probability setup for the contrarian trader to adjust options positions that haven’t been working and to put on positions that will take advantage of a...
View ArticleRich Trader, Poor Trader
Trading is inextricably linked with money. You are taking risk in the markets because you want to make money. If you trade well over a long period of time, then you will make lots of money. We all know...
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