ANF November 14th 2012 GMCR November 28th 2012 Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
Forex Beginner Enemy #1: Random Trades
As short term forex traders, we are exposed to a great deal of price noise since we usually watch time frames that are 15 minutes or less. We are constantly developing our ability to measure when the probability of achieving our potential return is greater than the risk that it presents. What helps us refine this skill and simplify the … Read More
What I Learned From The Best Trader at Citibank
In my senior year of college, I hit the jackpot. No, I didn’t win the lottery. I did even better– I got the job I wanted in the markets. Let me repeat: *the* job. Note: the lesson is that if I can do it, then anyone can! Ever since I was 14, I knew that I wanted to be a … Read More
A Trading Question from India
Hi Mike, I am Nikhil from India, i am a trader trading commodities , i am writing to you as you are an experienced trader , i have only few months of experience trading “live” and around 7 years experience of observations, I developed a crush on the markets when i was only 14! Anyways i want to know how … Read More
Your trading power lunch
Hi Mike, I had read your book and found it really educational as well as being very fun and entertaining to read! Thanks so much for generously sharing your experience, and also for the really great blog as well as all the videos from Steve. I have a question I was wondering if I could get your thoughts on. I … Read More
Forex and Pizzerias?
You have all heard the business analogy used a billion times in the trading world. And in case you haven’t, it goes something like this, “If you want to do well at trading, you must treat it like a business.”. Then they go on to cite some business examples and you pretty much get the rest of the idea. So … Read More
Do not say Practice
I end most emails with: “Keep working on your trading game.” We teach our traders to do the daily work each day that helps them improve. They are training to become consistently profitable traders (CPTs). Their ultimate goal is to become a your best trader (YBT). Apparently I could use better words to motivate my traders. Dan Coyle, author of … Read More
II CONGRESO INTERNACIONAL DE TRADERS PROFESIONALES – DATAIFX
Steve Spencer has been invited as a speaker at the II Traders Expo in Colombia (II Congreso Internacional de Traders Profesionales DataiFX) this Saturday, November 24th. He will be talking about the 7 Fundamentals of One Good Trade. Please see the video for more information.