Archive for May 2014

The PlayBook Checkup: Fade Trade $DEPO

May 31st, 2014 | By | Category: Systems Development, Trader Development, Trading Lesson
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. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader from the Kershner Trading Group in Austin, Texas, who SMBU trained, talks about his trade in $DEPO. This trader is also Special Projects and former intern at SMB in Bella's last book The PlayBook. Highlights: a) Notice where Bella suggests the trader can get bigger in Read more [...]


Webinar: The M21 Trading System

May 30th, 2014 | By | Category: Seth Freudberg's Blogs, SMB Options, Trader Development
In this video, John Locke returns to the Options Tribe for a special presentation of his long awaited  M21 Options Trading Strategy Video Series. Enjoy the video!  Click Below to Get the M21!! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. For more information on this program contact Seth Freudberg: [email protected] Risk Disclosure No relevant positions Options Learn Read more [...]


SMBU Trading Tip: Relaxing in a $KORS Short

May 30th, 2014 | By | Category: General Comments, Trade of the Week, Trading Lesson
In this SMBU Trading Tip of the Week, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about being relaxed in your trading using $KORS as an example. Highlights from this trade: Growth stocks need to perform very well to keep their tile as best in breed. Softening talk occurred in $KORS, but it kept holding higher. This changed the next day. Holds below prior day level and couldn't trade above VWAP. Take some stress off your big idea by looking for other potential trades. If you're not typing up stocks all day long, then you're not doing your job! We hope you enjoy this trading Read more [...]


Lessons from a Trader Succeeding

May 30th, 2014 | By | Category: General Comments
In One Good Trade and The PlayBook pieces of the books discuss why and how some traders we trained became successful.  Recently during an internal review of our traders, we identified one new trader with an exceptional equity curve (his earnings to losses were outsized).  Dr. Steenbarger has suggested to us in the past to study in depth our successful traders so as a firm we can deconstruct best practices and understand personality and cognitive types that excel with us.  Let's do that together here and learn from this trader. I e-mailed the trader and asked: Why do you think your start has been so successful with us?  The Read more [...]


Free Options Webinar: Jim Riggio, of Capital Discussions: The Kevlar Butterfly Trade

May 29th, 2014 | By | Category: General Comments, Options Education
Your Option for a better trading life......together (SMBU Options Tribe) SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide.  Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Next Tuesday, Jim Riggio will return to the Options Tribe to discuss, for the first time, his signature Kevlar Butterfly Trade. It should be a terrific learning experience so register now as space is limited. Options Tribe meetings Read more [...]


Why Some Traders Almost Always Make $$ (SMBU Webinar Rewind)

May 29th, 2014 | By | Category: Dna Program, Trader Development
Mike Bellafiore, Co-Founder of SMB Capital and SMBU and author of One Good Trade and The PlayBook, with Co-Founder Steve Spencer, present a trading webinar for the trading community: Why Some Traders Almost Always Make Money. Bella and Steve discuss 11 principles to become a successful and sustaining short-term trader. Goals: Why Intraday Traders Almost Always Make Money $$ Stocks In Play offer an edge Develop a PlayBook not a non-news edge Trade off of important price levels Understanding Catalysts Consider overall market conditions What setups do you trade best? Risk Management System Mindset Coaching The Read more [...]


Free Options Webinar Today at 5pm: John Locke: The M21 Options Trading System Video Series

May 29th, 2014 | By | Category: M21 Trading System, Options Education, SMB Options
Your Option for a better trading life......together (SMBU Options Tribe) SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide.  Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Today, John Locke returns to the Options Tribe for a special presentation of his long awaited  M21 Options Trading Strategy Video Series. This is likely to be a very well attended meeting so you’ll want to register early in order Read more [...]


College Trading Program Deadline Approaching

May 29th, 2014 | By | Category: College Students Programs
We hope all our student readers had a great spring semester and can take a little time off to enjoy with family and friends.  For those still looking for a unique opportunity to break into the world of proprietary trading, we have a few spots left in both groups of the SMB College Trading Programs. This summer, we are hosting two sessions that last 5 weeks each from our New York City trading floor. Listed below are the dates: Group 1: Monday, June 9th - Friday, July 11th Group 2: Monday, July 14th - Friday, August 15th Students in the program will be immersed in trading daily from 8 a.m. to 6 p.m. This includes Read more [...]