Enhancing Trader Performance: Risk Versus Uncertainty

David BlairDavid Blair, General Comments, Guest Blog, Trading PsychologyLeave a Comment

*****One blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading is David Blair, The Crosshairs Trader. Below is his latest post for the SMB Trading Community. We hope you enjoy!***** — Editor’s Note Do traders manage risk or uncertainty? Is there a distinction between the two? Does it matter? When we … Read More

10 Steps Ahead of the Market

BellaGeneral Comments1 Comment

Hi Mike, How’s it going? Hope your family and trading have been well. I am improving as a trader. These days I am net positive month on month. However, I’m still not elevating my performance to the level I want it to be. It’s frustrating because I know I’m capable of so much more. I want to get my brain … Read More

All Good Traders Must Have a Nickname

BellaGeneral Comments1 Comment

Mike Bellafiore, Hello. I want to say thank you for a wonderful book, One Good Trade! In Russia there is nothing like this book. I have not yet started trading, as do the study of the theory and the accumulation of money for shopping schea, but I’m sure that if I follow all the rules you set, it will reduce … Read More

A Profitable Weekly Options Trade in $MSFT

BellaGeneral CommentsLeave a Comment

Almost five years ago two of the better traders ever trained by SMB asked for risk with longer term positions. We loved these guys and had all the confidence in their trading ability. After a period of huge gains the firm had had a particularly bad month and these two traders were not trading their intraday accounts well. Bad timing … Read More

It’s Okay to Get Upset While You Are Trading

BellaGeneral CommentsLeave a Comment

So Dr. Menaker indicates if we can become self aware of our emotions we are much more likely to be able to control our actions/behavior and therefore minimize our mistakes. That made perfect sense but I wondered if a consistently profitable trader goes through the same emotions that the “less than” CPT goes through? Aren’t you and Steve simply much more confident than less successful traders? … Read More

The Reality of Trading

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs1 Comment

I thought today was probably my worst trading day of the year. It wasn’t about losing thousands of dollars. It was about my performance relative to the setups I had outlined prior to the market open and the ones identified intra-day. The largest error was in my $TSLA trading which I will outline below. I was in two other stocks … Read More