Nothing wrong with skipping a trade

smbcapitalFree Daily Trading Video

In this video Seth Freudberg discusses how low and high volatility environments can drastically change the risk/reward for options traders. He compares an iron condor trade in both low and high volatility situations to show the impact.

SMB at The TradersExpo New York 2017

BellaGeneral Comments

SMB will present at The TradersExpo New York 2017.  You can sign up to ATTEND FREE. Mike Bellafiore will present February 27: Seth Freudberg, who runs our Options Desk, will present as well. Last year Mike presented and then stuck around to answer questions. We hope to see you at The TradersExpo NYC 2017. *no relevant positions  

Taking your trading to the next level

BellaGeneral Comments

In a daily trader review or monthly trader review, often I find the words: “to take my trading to the next level.”  Traders wish to take their trading to the next level.   It’s almost like we could start a cult: Next Level Trading. The desire is there for most traders.  The question is the how. Most traders focus on trading … Read More

Check In With Yourself

Merritt BlackFutures, General Comments

One thing I consistently see with most traders I mentor is a lack of a holistic premarket preparation routine. Yes, most already check the news, find things they’re interested in trading, and begin to pour over charts for levels and patterns. Pretty standard. All good things ,but… What I teach my mentees is to add checking in with themselves! Sure, we … Read More

Sometimes Good News is The Best News To Short

sspencerSteven Spencer (Steve's) Blogs

Recently, an inexperienced trader asked me about a stock that traded lower after reporting great news. As any experienced trader will tell you, often that is a great opportunity to get short. Yesterday, Facebook reported amazing earnings with a slew of positive metrics. In the after hours it traded to a new all time high above 137. Yet, I got … Read More

Why join a prop desk?

BellaGeneral Comments

  On my blog for Yahoo Finance Contributor, The Trading Coach, there is an Ask Anything option.  One reader asked: What are the advantages of trading prop? We are a proprietary trading desk in NYC, trading stocks, options, futures, and automated trading.  The firm, powered by Kershner Trading Group, provides capital, training, coaching and mentoring, technology and assumes all risk.  … Read More

You don’t know what’s going to happen next

smbcapitalFree Daily Trading Video

Most traders are able to find or develop solid trading plans. Ironically it is fairly rare to find a trader who actually has the discipline to follow his or her own trading plan. In this video, Seth Freudberg discusses the reasons that traders have trouble following their own trading plans and proposes a solution to keep the trader on track with his trading plan.