Liquid Snake, aka Sebastien Salois, is a former professional basketball player and financial security advisor who runs a Web site called LS Trades. Recently, he wrote a terrific review of The PlayBook, and we’ve pasted it here in full. We thought you might enjoy it. —- READ THIS BOOK. In anything where there’s a huge demand and interest for knowledge, … Read More
Best Trading Tweets #28
Henrique Simoes (@traderhms / [email protected]) is the founder of the Best Trading Tweets Web site. Recently, he selected and highlighted a tweet by Bella. We though you’d like to see it. You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions
Adapting The Technical Perspective
Many mainstream trading books about forex trading love to talk about the importance of combining a fundamental view and a technical view of the market. That’s great if you are going to be interviewed on a popular financial media outlet. Fundamentals make you sound smart, and smart is sexy. The problem is fundamentals generally look at the market from a … Read More
Why This SMB Trader Added to His $FB Longs Today (video)
During our SMB Midday Recap Bella discussed: 1) Why he added to his FB, Facebook, position at 51.16 for a swing trade? For those following at home, Bella tweeted this in real-time on SMB Real Time. 2) Why you should develop a list of intraday stocks that do not trade well if you are an intraday trader. Hint….$CAT 3) Why … Read More
Knowing Your Risk on Multiple Time Frames
*****Editor’s note: Jake Huska is a college student working on his trading game. At SMB we believe traders should start working on their trading game early, just like pro athletes. Jake’s posts reflect a better journey to pro trader for the college student with a passion for trading.***** There is a saying along the lines of “Good traders know their … Read More
Why We Started SMB
Mike, I’ve just started your book One Good Trade, and I love it. My question is why start a prop firm if you and Steve are the best traders and it is all your money? Can’t you just scale up your trades? I trade my own money and was thinking about starting a prop firm, but then I think: 1. … Read More
Use Your Emotions to Make Better Trading Decisions: SMB Midday Meeting with Denise Shull (October 21, 2013)
Denise Shull, author of Market Mind Games, was our guest speaker today during our Midday Meeting at SMB. Denise discussed: 1) How traders should learn to use emotions to make better trading decisions 2) Why most trader psychology advice gets it wrong by teaching you not to feel emotions 3) The reason why some traders have a need to be … Read More
GBPUSD Where to From Here?
The U.S. Dollar has been weak and technical structure still points to further weakness. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions