Dr. Steenbarger wrote an important post on optimal downtime for peak performance. This got me thinking about improving my downtime so I could increase my creativity and performance in my domain. Our modern society sets up procrastination and wasted time road blocks with Web surfing and endless options of unproductive TV. Months of wasted performance opportunity can pass without our … Read More
Four Ways Market-Neutral Traders Can Benefit From Technical Analysis
Even though Market-Neutral Traders may not be picking a direction, we are dealing with price movement. Knowing what directional traders are thinking and where there are likely to be areas of high volatility can be extremely beneficial. Knowing the market conditions you’re entering into, in advance, can help you to modify your entry or avoid entering a trade that’s not … Read More
Enhancing Trader Performance with James Montier
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note If you are not studying the markets with those who study market participants you are missing out on a vitally important aspect … Read More
Confessions from a Discretionary Trader
Okay, I have a confession. I am spending more and more time each trading day learning more about quantitative trading. And by that I do not mean learning to code. What do I mean? 1) Learning to use data to improve my discretionary decision-making 2) Working with our quants to build and tweak filters for my favorite setups, which perpetually … Read More
This Wasn’t a Good Week!
Mike, Hello. This wasn’t a good week. I made a lot of mistakes. 1. I didn’t stick to my plan and took several trades without a clear plan. 2. I felt anxious most days. I was aware, and did some exercises to clear my mind, but after the first losing trade, I lost my focus. 3. I feel frustrated … Read More
Trade Review: Early Exit & Trade Management
In this segment, Marc Principato, CMT, points out how the price action helped him exit this trade early. This is a trade taken with the EURUSD and it reveals flexibility and risk management when handling a difficult trade. Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review … Read More
Trade Commentary: Is Ciena in the Early Stages of a Bigger Move?
In this short clip from Friday’s AM Meeting I discuss why I’m looking to build a long position in CIEN. Being on the lookout for stocks that have enormous longer term upside are what helped me focus fairly early on FSLR, GMCR, NFLX in late 2012 and CREE in 2013. Steven Spencer is the co-founder of SMB Capital and SMB … Read More
The PlayBook Checkup: Scalping a Range Before the Drop (PowerPoint Edition)
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. See this review in PowerPoint: Scalping a Range Before … Read More