A Trading Plan to Improve

smbcapitalGeneral Comments

This is part 5 of our trader survey that breaks down the results from our trading community. You will be amazed at what you learn about the challenges and successes that traders in our community are having.

Win the Trading Day!

smbcapitalGeneral Comments

This is part 3 of our trader survey that breaks down the results from our trading community. You will be amazed at what you learn about the challenges and successes that traders in our community are having.

SMBU’s Options Tribe Webinar: Steve Patterson of Stevepattersontrading.com: Understanding Institutional Business Models and Their Effect on Market Direction

smbcapitalOptions Education, Seth Freudberg's Blogs

When you understand the business models of the market maker, the floor traders, the mid- range bank prop firms , the large bank prop firms, the small and macro hedge funds as well as the huge mutual funds, you have a multi-dimensional view of why the market does what it does. Most traders fail due to lack of knowledge about the way the market participants actually make money and when you educate yourself to the reality of their business models you can see the markets through different eyes. Steve Patterson of Stevepattersontrading.com will be sharing his experience and understanding of what drives the markets on his debut appearances on the Options Tribe.

Plan the Trade. Trade the Plan.

smbcapitalFree Daily Trading Video

In this video, we discuss the merits of following your trading plan. Many options traders are good at designing strategies but most are challenged by actually following the details of the strategies under the pressures of market movement.

Why did I make this trade ($MGM)?

BellaGeneral Comments

I made a trade in MGM today, and instantly self-talked: “Uhm, why I am in this trade?” It was not a trade that I trade well. It is not a trade that fits my personality. It is not a trade that extenuates my strengths. Why? Why? Why? We make progress as traders when we stop making trades that do not … Read More