Turn Your Ideas Into Statistics
The trading world is littered with anecdotal evidence of cause and effect from various technical indicators and signals. I cringe when I hear something like the following: "As you can see, last time...
View ArticleTrades of the Month from the Prop Desk Webinar
I will be speaking about "Trades of the Month from the Prop Desk" tomorrow at 4:30 pm ET. I will be discussing the following topics: The Trading Patterns working in 2014 What key market levels...
View ArticleTraders Ask: Should I Develop Price Targets?
Hi Mike, I just started the DNA Program. I'm very excited! I hope it can help me with my trading. I've been working hard. I've kept a trading and emotional journal, I've been doing my playbook, with so...
View ArticleTrading: Less Fighting, More Fishing
Much of the time when you read about trading, many use metaphors that refer to competition or war. You will often hear phrases like, “the forex arena”, “bulls battling the bears”, “you compete with the...
View ArticleTrade Review: Student Trade in the S&P 500
In this segment, Marc Principato, CMT reviews a trade in the S&P 500 CFD that was initiated by one of our top students. The trade is based on a pattern from our unconventional methodology. What...
View ArticleSMB Automated Systems Webinar (Part One of Five Video on Demand)
This is the first of five videos from a recent webinar for SMB Systems. To receive notification when the remaining four videos are released, please sign up for the free SMB Systems email updates. No...
View ArticleTraders Ask: How Do I Overcome My Fear of Failure?
Hi Mike, It's been a long while since we've been in touch and even longer since I was with the SMB team (edited out praise that could be perceived as self-congratulatory). During my time in California...
View ArticleA Trader’s Contract
Jimmer Fredette was a star college basketball player, a Naismith College Player of the Year. A couple of years ago I wrote a blog post about a contract he signed with his brother to play in the NBA....
View ArticleA News Pattern Trade: Full Year Beat or Miss
I am a pattern trader. Technical pattern trader. Tape pattern trader. News pattern trader. Whatever the pattern that makes sense to my trading brain, my risk preferences and trading sweet spot that...
View ArticleRisk Tolerance VS Risk Capacity
To be successful at trading, long term, it’s extremely important that our risk tolerance is in line with our risk capacity. Risk “tolerance” has to do with the amount of draw down we can withstand...
View ArticleMarket Commentary and Analysis
In this short clip from our AM Meeting I break down recent SPY action and discuss my thought process for possible trading scenarios. Also highlighted two In Play stocks ARMH and TWTR with possible...
View ArticleFree Options Webinar: John Locke: The M21 Strategy: Playing Chess with the...
Tuesday February 11 2014 at 5pm ET Each Tuesday, SMB hosts an Options Tribe meeting where veteran traders and experts in the world of options trading share live presentations. This meeting is free to...
View ArticleAddressing the Trader’s Fear of Missing Out
One of the more entertaining things I hear out of forex traders that I talk to is, “I can’t believe I missed that 40-pip move! I left so much money on the table!”. My question is whose table did you...
View ArticleSMB Systems Automated Webinar (Part Two of Five on Demand)
This is the second of five videos from a recent webinar for SMB Systems. To receive notification when the remaining three videos are released, please sign up for the free SMB Systems email updates. No...
View ArticleI’m an Options Geek. What Else Can I Say? (Options Trading, a Love Story)
We had an ice storm on the East Coast this week that knocked my Internet service off the grid and shut down electricity throughout the area, and so I wandered through the city whose infrastructure had...
View ArticleTrade Review: Using Volume on S&P 500 Scalp
Marc Principato, CMT explains how traders at SMB use our proprietary volume analysis tool to initiate scalp trades. This example shows an actual trade taken in the S&P futures, but can be applied...
View ArticleWho Has Made The Most Money in 2014
As a partner of a trading desk I get to observe many different trading strategies at work. One of the most interesting aspects of this to me is seeing which traders at any given point in time are...
View ArticleTrading Tip of the Day: The Intuition to Feel You Have No Edge
Welcome to SMBU's Trading Tip of the Day. Below watch Mike Bellafiore, author of One Good Trade and The PlayBook, share his Trading Tip of the Day with the trading community. In this episode, Bella...
View ArticleEnhancing Trader Performance with Brett Steenbarger
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the...
View ArticleTrading Lesson: Buying A Pull Back After Earnings (Pandora)
Recent price action bullish in P New CEO expert in building advertising revenue Key metric from the earnings release 16% growth in listener hours Strong in the face of negative chatter re: Apple,...
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