General Comments

Members Only Options Webinar: Stan Freifeld and Bill Ryan: Binary Option: The ByRDs are Coming!

Aug 19th, 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, Stan Freifeld returns to the Options Tribe with Bill Ryan of NYSE AMEX Options to discuss the details of the upcoming launch of the ByRDs: Binary Return Derivative security options. This should be a great presentation, and Read more [...]

How Do I Start Trading?

Aug 16th, 2014 | By | Category: General Comments
Hello Mr. Bellafiore, I just read an article/post from you, and I think you are one of the few out there who know what they are doing and not after the quick buck. I've wanted to be a trader for close to 15 years. I'm 41 now, and I still have this desire. I never quite could get my head around where to begin and what to do. Do you have any suggestions? I hope that you aren't tired of these emails, I bet you get them a lot. BTW: I live in Belgium @MikeBellafiore In the upper right hand corner of our blog, you can signup for our Free 10 Day Training Class.  You might start there. You will gain exposure to key Read more [...]

Be Careful What You Wish For

Aug 15th, 2014 | By | Category: General Comments, John Locke, Trading Lesson, Trading Psychology, Trading Theory
Whenever I’m considering working with someone, I always ask a series of questions. One of the questions I ask is “Why are you trading?” I bet it wouldn’t shock you to find out the number one answer is “I want to make more money!” which is the wrong reason by the way but I accept it and continue on. My follow up question is “Why do you want to make more money?” There are often multiple responses to this one but after further questioning , for most people, it boils down to two things, “I want money because it will make me happier” and/or “I want money because it will make me secure” . Again, both poor Read more [...]

Options Trading for Income with John Locke for August 11, 2014

Aug 12th, 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 [...]

How Long Does a Trading Slump Last?

Aug 9th, 2014 | By | Category: General Comments
Hi Mike,  Would like to know how long does a trading slump normally last? And how does one know trading is not their cup of tea or doesn't suit one person? Thanks in advance. @mikebellafiore Trading slumps depend on your trading style and skill level. Scalpers, a trader who trades off of order flow or Reading the Tape, like Pippen from The PlayBook will be profitable almost every day and every week.  A slump for him would be two negative days in a row and I cannot remember the last time he was. Intraday traders who combine news, charts, the tape, skill of trading patterns and intuition like Shark are positive Read more [...]

Slow Down! The Challenge of Newness to Trading

Aug 8th, 2014 | By | Category: General Comments
Traders want to become Steve Cohen TODAY!  This can lead to starting too fast for all levels of traders at all different stages of their careers. My advise based on experience working with pro traders in NYC?  Slow down! At our firm we hire experienced discretionary and quant traders with a track record.  We fully back the traders taking all of the downside risk.  Before a trader starts we give him/her loss limits for the day and a "number". The "number" is when we will fire them.  Everyone understands upfront what we are willing to risk on their trading.  We hired an experienced trader a few months ago with an Read more [...]

Less is More

Aug 8th, 2014 | By | Category: General Comments, John Locke, Trading Lesson, Trading Psychology, Trading Theory
As I sit here looking at the 400 emails I’ve gotten this morning, I’m reminded of the massive amount of information we need to sift through on a daily basis and how all that information affects our journey as traders. I grew up with the belief that” knowing everything I could know” about a subject was a good thing. After all, the more I know, the more successful I can be, right? Therefore when I decided to be a trader, I wanted to know everything. I really dove into it. And I’d like to tell you that I learned all there is to know about trading and instantly became a successful trader. But alas, the reality is quite different. Read more [...]

Trading Made Easier- $SSYS $THOR

Aug 7th, 2014 | By | Category: General Comments
Trader Development has started for our newest class of traders. After they complete the SMB Foundation, they trade live and take Trader Development. We are making a special effort with this class to keep things simple. If you were teaching someone to play basketball would you teach them first how to make turnaround 3 point shots? No you would have them work on layups and 15 foot jump shots. The same should be true with trading for the new and developing trader. In Trader Development we start with The Fundamentals Trend Trade. We search for stocks who have announced significantly different fundamentals and look for setups to Read more [...]

smb newsletter
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 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.

Log in | 188 queries. 1.912 seconds.