General Comments

Free Options Webinar: Paul Forchione: Optionvue Systems, International: Finding Butterfly and ‘Calendarized Butterfly’ Opportunities

Jul 29th, 2014 | By | Category: General Comments
Your Option for a better trading life......together (SMBU Options Tribe) SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Next Tuesday, Paul Forchione of Optionvue Systems, International returns to the Options Tribe to discuss ways to unearth opportunities for out of the money butterflies and ‘calendarized butterflies’ for directional options plays. It Read more [...]

SMB In-House 3 Day Trading Camp

Jul 29th, 2014 | By | Category: Ask Bella, General Comments

SMB is holding an In-House 3 Day Trading Camp this August, with a focus on helping traders improve in 5 Key Areas:

  • Stock Selection
  • Technology
  • Process
  • Edge
  • Your edge reviewed by a partner

We hope you enjoy the video below introducing this new training program!

- SMBU Team

No relevant positions

Options Trading for Income with John Locke for July 28, 2014

Jul 29th, 2014 | By | Category: General Comments, John Locke, SMB Video Blogs, Trading Ideas, Trading Lesson, Trading Psychology
Risk Disclosure No relevant positions John Locke A great way to improve your trading results is by keeping up to date with the latest trading techniques and current market conditions! Click HERE and join me every Monday at 9 AM EST for our free “Options Trading for Income” Webinars! Where you get expert analysis of the markets and the opportunity to follow along with the best options trading strategies in the business. And check out these great videos as well! May Group Mentoring Open House Part 1 May Read more [...]

Can You Keep it Down Please? I am Trading

Jul 25th, 2014 | By | Category: Ask Bella, General Comments
  Hi Mr. Bellafiore, Terrific book, thank you for writing it. I have the audio version. I ordered it two minutes after I read a comment from one person saying that he had listened to it six times. Due to my tape / chart reading ability combined with having read Reminiscences of a Stock Operator six times (and other books less so) I was very recently able to achieve a (solid) returns in 60 days through day and swing trading. It was done without leverage or options, and primarily in swing trading stocks under $3.00 which had fallen 80-90%. I bought the positions at their support levels shortly before their going into Read more [...]

Bella Interview on Blog Talk Radio

Jul 25th, 2014 | By | Category: General Comments
Listen to this trading interview with Bella on Blog Talk Radio hosted by Aleksander Danilov of by clicking this link here. Bella discusses: 1) Why he wrote The PlayBook 2) Process: How The PlayBook and the SMBU Performance Center powered by Tradervue helps traders develop a process where they can build from their strengths. 3) Following like-mind traders on StockTwits (@annemarietrades, @alphatrends, @steenbab, @harmongreg for example). 4) The JV with the Kershner Trading Group and the business model: Back experienced traders and take all down-side risk Provide significant downside Offer Read more [...]

Finding and Increasing your Trading Edge

Jul 25th, 2014 | By | Category: General Comments
One trader on our desk offers a best practice to emulate. This trader had been gross negative 3/4 past months prior to June.  He is a hard worker, focused on the markets, disciplined and well-trained.  He is one of the guys who can make it. Yet, while I wouldn't say it was a large deal that he was not yet positive consistently given his youth to trading others in his class are already consistently profitable.  He could do better. Prior to the start of June, I chatted with him in my office about his edge.  He brought everything else needed to be a CPT. Bella: Where do you have edge? He responded in specificity. Bella: Read more [...]

Training for Trading Success

Jul 25th, 2014 | By | Category: General Comments, John Locke, Trading Lesson, Trading Psychology, Trading Theory
Think back to the last time you experienced the opportunity to watch a world class performer, someone who really put on an amazing show. It doesn’t matter whether it was a musician, a sports athlete, an actress, a doctor or a business owner. When you see one of these performers in action, you can’t help but admire their skills. It truly is a work of art. And it makes me wonder, “How many hours, days, years or even decades of practice and performances did it take to be able to perform at that level?” How many times have they tried to master their skills and failed before they finally got it right?” And more importantly Read more [...]

Two Lessons from an Improving Trader

Jul 24th, 2014 | By | Category: General Comments, in house training
Hi Mike, I just wanted to take the time to say thank you. A friend of mine recommended your book 'One Good Trade' (so much so he had ordered it for me insisting I read it) and it has not only helped my trading in so many ways, but has also been very inspirational! If you don't mind, a little background about myself. I'm 22 and from the UK, having graduated from university with a degree in Architecture and after having pursued that career path for a little while, I decided it wasn't quite right for me, I'd always had an interest in the financial markets and figured I still had the time and resources to give it my best. I got Read more [...]