Investors and traders around the world are always wondering “How do I remove the emotions from trading?” We’ve all experienced the downside of emotions –panicking and closing out a trade at the worst possible moment; being too greedy and taking on an excessive amount of risk; or just watching our overall emotional state fluctuate with the markets. The natural reaction … Read More
Your 30 Day Trading Challenge
The TED2011 video below with Matt Cutts of Google ($GOOG) challenges you to try something new for 30 days. We can apply this to our trading. What something new can you do each day for the next 30 days to improve your trading? Some ideas: 1) Spend 30 minutes each day building and refining custom filters of your best setups 2) Spend … Read More
SMB Trading Tip of the Week: Discover the Information in the Counter Move $LULU
Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, offers the SMBU Trading Tip of the Week using a recent trade in $LULU. There is information to be discovered in the moves counter to the direction of your trade that can foreshadow where the stock is headed. This quick tip might help you gain confidence to get bigger in … Read More
SMB Systems Webinar
Next Monday, Andrew Falde will be presenting a webinar for traders that are interested in developing and testing trade ideas on years of market data in minutes – without learning how to program. In this one hour webinar you will see live examples and learn enough to immediately begin finding market edges on your own. The webinar is free but … Read More
Options Trading for Income with John Locke for June 8, 2014
Weekly Update! M21 Webinar Replay! No relevant positions Risk disclaimer John Locke – www.lockeinyoursuccess.com
SMB AM Meeting Recap: $SPY
In this short video, Steve discusses a stock from this morning’s AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $SPY. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and … Read More
The Trading Opportunities Ahead
Mike Bellafiore, author of One Good Trade and The PlayBook and Co-Founder of SMB, offers his State of the Markets in this video below. Bella shares how he characterizes this market. Bella discusses the trading opportunities for the remainder of 2014. These remarks are taken from Bella’s presentation as Chairman for The Trading Show Chicago 2014 last week. What trading … Read More
Shorting The SPY (And Living To Write About It)
I initiated a pre-market short in the SPY on Thursday June 5th at 193.50. I added to the position as it popped to 194 following the ECB announcement of some monetary stimulus. It was the first time I had shorted the SPY in about six weeks. The risk on the trade was about 40 cents from my average entry and … Read More