What a Successful Trader Would Never Do
Mike, This was kind of a mixed week. Good. 1. I find the 2nd day trade makes the most sense to me. I pick the strongest stock of the day and then find two levels of support and outline my entry price,...
View ArticleTrading Education: Will Adobe Correct Through Price or Time?
Steve Spencer, partner at SMB Capital, discusses an ADBE trade he's been in for a couple of months. Highlights from this trade: 1) Stocks correct through price or time. 2) Signals to enter a counter...
View ArticleSMBU Trade of the Week: Facebook
Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about his SMBU Trade of the Week in $FB. Even though he thought $FB was going to trade lower, when it broke out...
View ArticleThe First Step to Systems Success
Risk. This is the first and most important metric for a systems trader to track and improve. When learning about a system or strategy, most people first ask about the returns. Imagine you had one...
View ArticleA Trader’s Trading Path From A-Z
This Thursday I will speak to aspiring traders at Pace University. As I prepare for my discussion, I have been thinking of a Trader's Trading Path From A-Z. A. Read about the markets when you are...
View ArticleRandall Liss: Designing an Options Trade Around Your Market Opinion
SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the...
View ArticleA Trading Setup: $SWY
*****Editor’s note: Jake Huska is a college student working on his trading game. At SMB we believe traders should start working on their trading game early, just like pro athletes. Jake’s posts reflect...
View ArticleThe Second Step to Systems Success
Last time we talked about Risk, which is the first and most important aspect of a trading system. We discussed how limiting risk can create higher absolute returns because of reinvestment, raising...
View ArticleSMBU Trading Tip of the Day ($VSI)
In this SMBU Trading Tip of the Day, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about the importance of execution with an example in Vitamin Shoppe (stock symbol...
View ArticleFree Options Webinar: Greg Loehr—Taking advantage of AAPL’s low implied...
SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the...
View ArticleThe Challenge of Letting Winners Run
You know the following situation well: You had a long in EUR/USD at 1.3005 and sold it at 1.3018 only to watch it go to 1.3086 over the next hour. Of course when you try and hold for these type of...
View ArticleSMB Trading Lesson of the Day: Buying Pullbacks on The Open
In this SMBU Trading Lesson of the Day, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about a trading pattern that's been working in this Bull Market. Highlights from...
View ArticlePlayBook Checkup: $CHTR
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our...
View ArticleIn Options Trading It’s Never Better to Be Lucky Than to Be Smart
“It’s better to be lucky than smart.” I'm not sure how that one got started, but I have to count that as one of the most foolish expressions in the English language. First off, what does it even mean?...
View ArticleEnhancing Trader Performance by Taking Some Nasty-Tasting Medicine
*****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 ArticleMembers Options Webinar: Livevol and Casey Platt: Buy the rumor, sell the...
SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the...
View ArticleSMB’s Mike Bellafiore Speaks with Students at Pace University
Mike Bellafiore, co-founder of SMB Capital, spoke to students at Pace University about trading and the need to start early while they're in college if they want to get an edge in trading. To read more...
View ArticleTrend Follower or Counter Trend? Not so Straightforward
What makes prices in a financial market system fluctuate the way they do is traders entering and exiting the market for an infinite number of reasons. Some may be getting stopped out while others may...
View ArticleThe Third Step to Systems Success
Previously, we covered Risk and Return as the first two things we look at when building a system. The third thing we want to review is called Expectancy. The idea behind expectancy is to focus on the...
View ArticleThe Broken Wing Butterfly Trade
In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains the weekly broken wing butterfly trade, a powerful market-neutral strategy that is a favorite of options...
View Article