SMB at Georgia Tech

Watch Mike Bellafiore, Author of One Good Trade, lecture at Georgia Tech about the skills needed to succeed as a trader in the future.  The title of this presentation is called The New Franchise. Please follow and like us:

Index Video for the 1st Week of Nov

The indexes ran higher last week, bolstered by a European debt deal which had been anticipated for several weeks.  Stocks rallied ahead of the news, and the announcement of the deal prompted additional buying rather than a sell-the-news response.  As a result, new recovery highs were established across the board. As we head into a brand new week of trading, … Read More

Improving Trader Performance: Sunday Links from Crosshairs Trader

“Most people have no idea of the giant capacity we can immediately command when we focus all of our resources on mastering a single area of our lives.” — Tony Robbins The single biggest mistake I see new traders make is believing in the principle of more is better. The more news the better; the more time frames the better; … Read More

December’s $RUT Bearish Butterfly Trade

One of my favorite options spread trades is the Bearish Butterfly. I developed this trade a number of years ago in recognition of the fact that no matter how much the market may rally, it will eventually experience pullbacks. So an options spread trade, developed to take advantage of these periodic pullbacks should work in most market scenarios. In the … Read More

Where is my arc?

Guest Post from SMB Blog Reader Yaniv Hamo One of my favorite thinking exercises is about what it means to be living as opposed to merely exist. The essence of what separates the living from the grey masses. Working 9‐5, family and kids, watching TV and going on trips – does not make the cut. That’s what the masses are doing. … Read More

Free Options Webinar: SMB’s Options Tribe: Tuesday, November 1, 2011 at 5pm EDT: Jim Bittman on Credit Spreads

Tuesday  November 1, 2011 at 5:00 pm Eastern Daylight Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of … Read More

How to Think About a Loss

We all lose here and there. It’s just part of trading. You can’t avoid it, but that isn’t the issue. Where many traders struggle is how to handle a loss gracefully. Instead if equating a trading loss with personal failure, shift your mentality for what a loss means. Does it mean you’re stupid? Not necessarily. Does it mean you were … Read More

Questioning the 50-day & 200-day MA’s

My recent post on Indicatoritis discussed how some traders rely on indicators incorrectly. I believe that still holds true, but I was questioned about some common moving averages on the heels of that post. So in this video, I want to discuss moving averages, and more specifically, two moving averages which are commonly accepted by traders as important: the 50-day … Read More