7 ideas for improving your trading consistency

April 22nd, 2017 I was recently a guest lecturer at Stony Brook University sharing my knowledge of trading and trader development with interested students.  At the end of my lecture, a student approached and asked, "How can I improve my trading consistency?" We have polled our trading community for the top trading issues they would like to solve, and trading consistency consistently makes the list. Many have some success in trading, trades where they really get it.  Trades where they really have edge.  And then they also have periods of frustration and losses.  If they could just keep the good trades and rid the bad ones. At the Read more [...]

5 ways our top traders are working to improve

April 21st, 2017   I was on the West Coast last month to present to the Scottsdale (Phoenix) Traders and Investors Meetup Group.  After my presentation, an astute and succeeding retail trader approached and asked, "What do your top traders do to improve?" At SMB, our top traders have been homegrown.  We hired them.  Trained them from scratch.  Provided capital, technology, coaching and mentoring to grow.  The best have become seven-figure traders.  Many more have become high performing traders.  Still even more have become consistently profitable traders. What are our top traders doing to improve? Let me be clear they Read more [...]

Continuous Improvement is a Best Practice of Elite Traders

April 20th, 2017 In this video, Seth Freudberg discusses an example of a trader on SMB’s Options Trading Desk who did a great deal of work to take a solid trade and improve it’s expectancy through a methodical optimization process. Some traders are satisfied with options strategies that work well and a satisfactory level of profit. Elite traders, however are always seeking ways to improve strategies that they employ, even if they are yielding reasonable profits. Read more [...]

SMBU’s Options Tribe Webinar: Bubba Horwitz of Bubbatrading.com: Investment Portfolio Hedging Through the Use of Options

April 20th, 2017 Bubba Horwitz of Bubbatrading.com makes his debut appearance on the Options Tribe this week to discuss techniques for hedging a trader’s investment portfolio through the use options. Read more [...]

My Process is a Better Trader Than I Am!

April 19th, 2017 In this video, Merritt discusses how his process is actually a better trader than he is. Read more [...]

How To Trade Large Gaps

April 15th, 2017 In the following video I explain the process I use to develop initial bias and price targets in stocks that are gapping higher in the pre-market based on a catalyst. Also, below links to our live AM Meeting where I discussed each stock as our #1 In Play trading idea. The AM Meeting videos can give you a sense of how we prepare each morning before the market Open. April 12th AM Meeting discussion of NBIX begins 3:15. April 13th AM Meeting discussion of AAEO begins 4:43. No relevant positions Read more [...]

What’s Your Culture?

April 13th, 2017 In this video Mike Bellafiore discusses why it's vital to develop your own culture whether you are running a trading firm or trading for yourself. Read more [...]

Using Filters for Options Trading

April 13th, 2017 In this video, Seth Freudberg discusses the considerations in trading options strategies using filters. Some traders like to use filters to find trading candidates for particular strategies. There are some dangers in using filters to set up options trades for strategies for unfamiliar ticker symbols. Read more [...]