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A Lesson from a Failed Trader (For Now)
Trading is a very difficult sport. The representation of trading within the Financial Media Entertainment Complex is sensationalized and is intended to first entertain. Trading is a skill. You must...
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Losses are Part of the Game: How to Minimize
Trading losses are part of the game, the trick is minimizing them and managing risk. Marc Principato, CMT, walks through a swing trade loss and how he managed the risk exiting the trade. Subscribe:...
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What Comes Next for the Profitable Trader?
Hello again, Mike. I have a couple questions for you. First question: How do I overcome psyching myself out of the layups? I'm working to overcome an interesting challenge. I'm faking myself out of...
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Trading’s Anomaly
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. Mike explains...
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I Am Not Becoming as Good a Trader as I Expect Fast Enough
Hi Bella, I've been making some very steady progress since doing the DNA program last year. My monthly metrics show incremental improvement, and I've been enjoying putting in the work each and every...
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Step Four of Systems Success: Volatility
Is volatility good or bad? Let's look at it from the perspective of run ups—potential gains, and drawdowns—potential losses. And let's not forget real gains and real losses. Never take your eye off the...
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Members-Only Options Webinar: Steve Papale of Optionvue Systems, Presents:...
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...
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The Fifth Step to Systems Success: Frequency
Our fifth of seven steps for building, testing, and following a system is to understand the frequency of the system. Higher frequency increases profit potential, but it also reduces reliability. The...
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Trading Lesson: Establishing A Trading Range—$PLUG
Often I receive questions regarding how I determine important price points for establishing trades. It is a combination of several factors each time but by far the heaviest weight is given to recent...
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Enhancing Trader Performance… with the Ten Commandments
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the...
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The Blowup: Game, Set, Match!
Recently, I have been thinking a lot about the "blowup". In trading it is the term used to describe a catastrophic loss suffered by a trader or a firm. The blowup generally lurks in a remote corner of...
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Duration: The Sixth Step to Systems Success
Number six in our seven steps is Duration. Duration represents the expected length of time in winning trades, losing trades, and all trades. Almost without exception we find that trend- and...
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Members-Only Options Webinar: Matt Amberson of Orats.com with Casey Platt:...
SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the...
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PlayBook Checkup: Breakout Fade ($OPTT)
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...
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The Final Step for Systems Success: Accuracy
Accuracy is simply defined as the percentage of trades that end profitably. It is the final of our seven steps to systems success. To phrase it better, accuracy is the last thing we look at in building...
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Trading in a State of Flow
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. In this short...
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Overlooked Risk Tools: Position Sizing
Too often I listen to inexperienced traders over reacting, exaggerating and showing how over dependent they are on things like technical analysis. Too many engineers and people who think they can...
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The Luckiest Trade Ever
It was Spring 1997 and I walked into the lobby at 60 Broad Street to head to my firm's trading floor. As I entered the elevator the firm's head trader commented to me "hope you aren't long Intel". I...
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The Triple Butterfly Trade
In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains the Triple Butterfly trade, which provides a good example of how options income trades can be successfully...
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SMB Trade of the Week – PLUG
Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about his SMB Trade of the Week in $PLUG. This stock was highly in-play this past week, presenting some great...
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