PlayBook Exercise: RHT

Jake HuskaGeneral CommentsLeave a Comment

Jake Huska is a college student working on his trading game. At SMB we believe traders should start working on their trading game early, just like pro athletes. Jake’s posts reflect a better journey for the college student with a passion for trading. Here’s an earlier post by Jake, “Do We Really Need Rules?”. Related blog posts: First Team Wall … Read More

Try Not To Do The Heavy Lifting in Trading

Jake HuskaGeneral Comments1 Comment

What I mean by this title is that once buyers (or sellers) have become committed to a move in a stock, there tends to be a general “bandwagon effect” as more and more people believe in a general change in trend, either to the long or short side. Let the big guys with much more money than you and me … Read More

Luck: The Unspoken Element

Jake HuskaGeneral Comments2 Comments

There is a quote by Seneca, a first-century Roman philosopher, that says, “Luck is where the crossroads of opportunity and preparation meet.” While the idea of luck as it relates to trading may seem like gambler’s term, the fact is that sometimes you just get lucky. Clearly over the long run, the losses that you will incur from trading without … Read More