Guest Blog

Enhancing Trader Performance With 2500 Year Old Wisdom

Apr 13th, 2014 | By | Category: David Blair, Guest Blog, Trader Development
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note Sun Tzu, known for his treatise The Art of War, would have made an excellent trader.  The principles he taught for successful military strategy are just as applicable today for stock traders as they were 2500 years ago when originally penned for military strategists.  There have been quite a few traders (myself included) who have benefitted from a thorough study of Sun Tzu’s Read more [...]


Enhancing Trader Performance Via Habit Development

Apr 7th, 2014 | By | Category: David Blair, General Comments, Guest Blog, Trader Development
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note For stock traders a habit is nothing more than taking a well defined trading edge- let’s call it a process- and following that process until it becomes almost involuntary.  The process can then enable the trader to enter and exit trades with as little emotional turmoil as possible.  The trader thus becomes a machine if you will.  The following is a collection of articles focused Read more [...]


Enhancing Trader Performance… with the Ten Commandments

Mar 16th, 2014 | By | Category: General Comments, Guest Blog, Trader Development, Trading Psychology
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note I am one who believes that in order to enhance trading performance one needs to study principles applicable both in and outside the charts. Although not a stock trading book per se, Rabbi Daniel Lapin has written an excellent treatise on the Ten Commandments for making money in Thou Shall Prosper. In it you will find the wisdom necessary to build a solid mental framework for accumulating Read more [...]


Enhancing Trader Performance by Taking Some Nasty-Tasting Medicine

Mar 2nd, 2014 | By | Category: David Blair, General Comments, Guest Blog, Trader Development
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note Enhancing our trading performance means we must swallow some nasty-tasting medicine from time to time. But I have found the nastier the medicine the quicker the cure. Here is some medicine for any trader who wishes to improve his or her performance. The stock market does not care about your opinion; it does not care what you think it should or should not do now or in the days and Read more [...]


A Trading Setup: $SWY

Feb 25th, 2014 | By | Category: General Comments, Guest Blog
*****Editor’s note: 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 toward becoming a pro trader for the college student with a passion for trading.***** It’s been a while since I last shared a trade review, which can primarily be attributed to the fact that I haven’t been trading as actively due to my school schedule this semester. However, when I am able to actively trade, I always like to share my thoughts on a particular setup and post my review of the trade. The Read more [...]


Four Ways Market-Neutral Traders Can Benefit From Technical Analysis

Feb 17th, 2014 | By | Category: General Comments, Guest Blog, Options Education, SMB Options, Trader Development, Trading Lesson, Trading Psychology
Even though Market-Neutral Traders may not be picking a direction, we are dealing with price movement. Knowing what directional traders are thinking and where there are likely to be areas of high volatility can be extremely beneficial. Knowing the market conditions you’re entering into, in advance, can help you to modify your entry or avoid entering a trade that’s not likely to work out. Understanding technical analysis allows you to identify unfavorable shifts in the market environment thereby allowing you to make better decisions on when to adjust or exit. Knowing where support and resistance points are allows you Read more [...]


Enhancing Trader Performance with James Montier

Feb 16th, 2014 | By | Category: David Blair, General Comments, Trader Development, Trading Psychology
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note If you are not studying the markets with those who study market participants you are missing out on a vitally important aspect of your trading education. Case in point: James Montier and his studies on behavioral investing. The following is a sample of just a few of Montier’s studies and interviews on the role of behavior when investing. We would do well to study him. AN INTERVIEW Read more [...]


The Importance of a Well-Thought-Out Trade Plan

Feb 9th, 2014 | By | Category: Guest Blog, Options Education, SMB Options, Trader Development, Trading Lesson, Trading Psychology
Have you watched "Star Trek: The Next Generation"? One of my favorite episodes is when the Enterprise gets into a battle with The Borg. The USS Enterprise is getting hammered. Fires are breaking out, sparks are flying everywhere and people are running around screaming. Then there's the Captain Picard, sitting in the Captains chair, confidently doing the tasks that will bring the battle to the best possible conclusion. Don't you wish you could behave that way? I did. In fact I wanted to be that guy. Not on a starship but in my "trading" chair. So I got thinking, "What gives a person the ability to make confident decisions when Read more [...]