Ideas from the Prop Desk to Improve Your Trading – Equanimity

October 31st, 2014 This week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon.  My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading.  Below is part 1 of the video series. You can sign up for our free daily trading video here! Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook. He welcomes your trading questions at *no relevant positions Read more [...]

8 Ideas from the Prop Desk to Improve Your Trading (#Stocktoberfest)

October 30th, 2014 This week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon.  My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading.  Below are the slides and main ideas from my discussion. Equanimity Just intake the data the market is offering and then make the right decision- like Shark.  Don't root.  If you do, then your trade results will not reflect how good you can be as a trader. The Non-Scalable Trader You must be right about direction, time and while controlling your risk/reward. A Trader’s Treasure Hunt for Edge There is a lot of good to be found Read more [...]

SMBU’s Options Tribe Webinar: Dave Stewart: The Caspian Sea Monster Options Strategy

October 29th, 2014 On Tuesday, Dave Stewart presents, for the first time, his signature “Caspian Sea Monster Trade”. It should be a fascinating meeting and you won’t want to miss it! 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 Options Tribe — during which veteran options traders and experts in the world of options trading share live presentations. Options Tribe meetings are generally free to the public and are held every Tuesday at 5:00PM ET. If you wish to register to this Read more [...]

Options Trading for Income with John Locke for October 27, 2014

October 27th, 2014


No relevant positions

Risk disclaimer

What Does this Trader Do Now?

October 27th, 2014 Hello Bella, I read both those books and started a few more. The myelin concept got me thinking that I should be reading more every day so I don't fall into the habit of being lazy with reading in general. Then on the flip side part of me thinks I should limit the reading and focus more on reviewing trading footage and charts. What time allocation do you recommend for a rookie trader like myself hours per day wise amongst: 1)reading investing and accounting books 2)reading trading books 3)reviewing charts and trading footage 4)reviewing trading journal and trading notes 5)working on financial modeling and valuation Read more [...]

SMB Trading Lessons of the Week

October 26th, 2014 Bella discusses how intraday traders must not just be right with direction, but also with time. Steve shares some thoughts on trading adjustments he makes in a market with expanding volatility. Latest Blog Posts Mike Bellafiore Interviewed on Blog Talk Radio Mike Bellafiore was interviewed on Blog Talk Radio last night. Bella discussed how to transition into trading without quitting your job, how SMB is preparing for the Ebola trade, and how traders must pick direction AND at the right time AND while controlling risk/reward...Read More SMBU Earnings Season: In-House! (Nov 5-7) Every three months there is an amazing Read more [...]

How to Become a Successful Trader

October 26th, 2014 It’s funny when you start talking to people about their beliefs around trading. On one extreme you’ve got those who think they’re going to buy some trading system or advisory service and instantly get rich trading with virtually no experience. And on the other extreme you’ve got those who think that 95% of traders lose money and of those that actually make money, it took years of torture to make 12% a year or something. Now I understand why the first group would want to try trading. After all, I was one of those people when I started. Who doesn’t want an easy way to get rich? But I still haven’t figured out why anyone Read more [...]

Choking and Trading

October 25th, 2014 The most painful sports phenomenon to watch is choking. I can get almost nauseous when I see a skilled, highly practiced athlete fall apart in the last minute. Imagine- he’s been ahead the whole way and yet manages to snatch victory from the jaws of defeat. We know that the stress in these situations is huge but no one wants to choke under pressure. A couple of days ago, I was fortunate to attend a lecture by Sian Beilock, a professor of psychology at the University of Chicago and the author of Choke. The book is about how our brain reacts to stressful situations and how we can mitigate the pressure that comes with it.  Her Read more [...]
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Options Risk Disclaimer    Forex Risk Disclaimer

1. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronical (over the internet through and in person. SMB TRAINING also offers web-based, interactive training courses on demand.

2. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

3. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

4. SMB Training and SMB Capital Management, LLC are separate but affiliated companies.

5. No relevant positions

6. Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

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