General Comments

The Easiest Trade During the $BABA IPO

Sep 19th, 2014 | By | Category: General Comments
Watch this video below on how to attack the $BABA opportunity by trading $YHOO.  The $YHOO short was the easiest trade during the $BABA IPO session.  Watch Bella explain this excellent risk/reward trade with SMB's new traders. "You can be better tomorrow than you are today!" Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook. He welcomes your trading questions at mbellafiore@smbcap.com. no relevant positions     Read more [...]


How Many Trades Do You Find Each Day?

Sep 18th, 2014 | By | Category: General Comments
Hi Bella, First of all I would like to thank you for everything that you do for us traders. I've just started to read The Playbook and I’m sure it will help me develop as a trader. I've one question though, in Playbook you write that we should archive trades in our Playbook that makes most sense to us. Well I need to tell you that I’m happy if I catch one trade daily, even though I’m an intraday trader, and here is my question: how many trades (daily) do you or your guys at SMB can find and trade on average ? Thank you for your time and best regards.   @MikeBellafiore Yes, you should archive one play each Read more [...]


Learn To Trade Before You NEED To

Sep 11th, 2014 | By | Category: General Comments, John Locke, SMB Video Blogs, Trading Ideas, Trading Lesson, Trading Psychology
Whenever market conditions are similar for an extended period of time it’s not that difficult to come up with a trading methodology that works remarkably well. When this happens I’ll see two things. First is a bunch people selling advisories and set ups. And second are traders who think they’ve found the Holy Grail and want to retire. From early 2012 until a few months ago we’ve had a low volatility market with an uptrend that just won’t quit. Basically all you need to do is play nearly anything bullish, don’t worry about the down moves and you win. As usual in these conditions I got multiple calls from “successful Read more [...]


It is all BS

Sep 5th, 2014 | By | Category: General Comments
Hi Mike, I am writing this letter to tell you how an ordinary trader can see things from a totally different perspective after reading the "The Playbook". I appreciate your firm for the information it disseminates to the aspiring trader community. I tried to catalog my trades (for eight months—my trading life) as suggested in the book. Results: 1) I make 5% trades with winnings greater than 30 cents/share 2) All these trades come from stocks trading with unusual volume a.k.a STOCKS IN PLAY 3) All these trades are either GMAN's pullback on 3-minute chart or THE REVERSAL TRADE suggested to TO in the book (I call Read more [...]


We are Hiring! Trading Floor Manager in NYC

Sep 2nd, 2014 | By | Category: General Comments
Our trading desk in NYC is looking for a new Floor Manager.  If you are interested, please apply here. We are looking for someone with trading and supervisory experience to work on and oversee the trading floor in our NYC office. Ideal candidates will have considerable experience in both trading and overseeing traders and trading risk. (This position will also come with an opportunity to trade firm capital commensurate with one’s recent trading history/performance.) Necessary qualifications for applicants include: Recent, verifiable track record of trading success (2-3 years minimum) Experience supervising traders Experience Read more [...]


Top Ten Trading Books

Aug 29th, 2014 | By | Category: General Comments
I had a wonderful conversation with a retail trader who has read 194 trading books.  Wow! This gentlemen has a passion for trading and reading about trading.  I was actually speaking to him about our firm backing his trading.  He has developed a track record while working full-time in the Heartland. For those of you trading retail who dream of one day trading pro, here is one guy taking the steps to achieve that goal.  It can be done! I thought it would be interesting to the trading community to learn his Top Ten Trading Books since he has read so many.  (In any list like this, there will be many great contributions Read more [...]


Should You Quit Your Job to Trade?

Aug 27th, 2014 | By | Category: General Comments
Dear Mr. Bellafiore, Hello my name is Jeffrey, first off I'd like to thank you for the information in your book "one good trade" it's been very helpful. I've been day trading for 2 1/2 years now. I can't trade stocks because of my work schedule but do take advantage of the Future and Currency markets. I've come to realize that my preparation is lacking big time. I understand how to read a chart along with ranges like support and resistance but don't know come up with the major levels or how to really trade off of them. I guess what i'm asking is what should be my main focus in preparation in these markets 1. and 2. should I Read more [...]


Options Trading for Income with John Locke for August 25, 2014

Aug 26th, 2014 | By | Category: General Comments, John Locke, SMB Video Blogs, Trading Ideas, Trading Lesson, Trading Psychology
Risk Disclosure No relevant positions John Locke www.lockeinyoursuccess.com 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 1http://optionstribe.com/2013/05/recording-john-lock-group-mentoring-session-may-2nd-2013/ May Read more [...]


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Options Risk Disclaimer    Forex Risk Disclaimer

1. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB TRAINING also offers web-based, interactive training courses on demand.

2. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

3. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

4. SMB Training and SMB Capital Management, LLC are separate but affiliated companies.

5. No relevant positions

6. Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

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