The education of a trader: The PlayBook

BellaGeneral Comments1 Comment

  mikebellafiore In my second book, The PlayBook, I advocate archiving a favorite setup from each trading session. After each close, choose a best setup from the session that fits your trading style.  Reverse engineer the variables of that trade.  Archive this trade in a comprehensive format, perhaps like the SMB PlayBook.  As traders we should build from our strengths, … Read More

The Education of a Trader: Trading on Tilt

BellaGeneral Comments, Trader Development, Trading Psychology2 Comments

Our friends at Tradeciety.com asked: How do you deal with emotions in your daily trading? What are your tips and suggestions that help you avoid, if possible, making emotional and psychologically caused trading mistakes. @MikeBellafiore Trading on tilt is the 800 pound gorilla on every trading station.  On our desk today there were a few desk slams in this $FB, Facebook, … Read More

SMB meeting traders in Chicago

BellaGeneral CommentsLeave a Comment

A quick note to share that I will be in Chicago Monday April 11 and 12 meeting traders.  Our firm backs discretionary and automated traders, offering proprietary technology and assuming all capital trading risk.  We trade stocks, options, futures and automated trading.  SMB, in its JV with Kershner Trading Group, also teaches traders from scratch to consistently profitable, who fit … Read More

Handling Short Term Noise

Andrew FaldeJohn Locke, SMB OptionsLeave a Comment

The S&P 500 is knocking at the door of the highest close in over a month. The path to this point was not straight. 7 of the past 12 sessions saw the index down significantly at some point during the day or pre-market. Do you get trapped into this noise and make adjustments based on the current tape rather than … Read More

The Third Week of More Mindful Trading

bruce.bowerBruce Bower, General Comments, Health and Trading, Trader Development, Trading Ideas, Trading Lesson, Trading PsychologyLeave a Comment

The Third Week of More Mindful Trading In this post, I will continue my eight week experiment with cultivating mindfulness and trading. The first two posts in the series can be found here: Eight Weeks to More Mindful Trading The Second Week of More Mindful Trading To bring new readers up to speed, here is a brief refresher on mindfulness. … Read More

4 ways to trade with a bias

BellaGeneral Comments3 Comments

  Hi Mike, Just finished reading The Playbook (after One Good Trade earlier) and felt obligated to send a thank you note. I really appreciate you offering this information out in the form of a book unlike anyone else really does in trading! It helped me build even more on my base trading knowledge. More importantly, it made clear the … Read More