This week, perennial favorite John Locke returns to the Options Tribe to discuss options income mastery.
SMBU’s Options Tribe Webinar: John Locke of Lockeinyoursuccess.com: Is my trade broken? How to know when it’s time to modify your trading strategy
This week John Locke returns to the Options Tribe to share his ideas on how to determine if and when it’s time for an options income trader to change or modify an options trading strategy.
Options Traders that Don’t Fail Have This in Common
The data is in and the record is clear: Income traders who control the size of their losing trades are the long term winners. Having run our options trading desk at SMB since 2013 and having traded options income strategies for much longer… I can tell you that this simple truth proves itself over and over — on a regular basis. … Read More
Handling Short Term Noise
The S&P 500 is knocking at the door of the highest close in over a month. The path to this point was not straight. 7 of the past 12 sessions saw the index down significantly at some point during the day or pre-market. Do you get trapped into this noise and make adjustments based on the current tape rather than … Read More
Who’s Running The Ship?
When you think of a large cruise ship and the way that it’s run. Who runs the ship, the captain or the crew? If you’re like most people you would say the captain….. and you’d be wrong. As you think about all the things that need to be done on the ship, keeping the engines running, taking care of all … Read More
Unlocking Your Full Potential: Overestimating Daily Output, Underestimating Lifetime Achievement
“We Overestimate What We Can Do in a Day and Under Estimate What We Can Do in a Lifetime” – Tony Robbins I commonly hear from traders who come into this business expecting to buy some program, spend a few months back testing, and become a professional trader. It doesn’t happen that way. If we look at a coach potato … Read More
SMBU’s Options Tribe Webinar: John Locke: The Rock Trade—2014 review
December 30, 2014 Today, John Locke returns to the Options Tribe to review the hypothetical performance of the Rock Trade in 2014 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 … Read More
A Smooth Sea Never Made a Skillful Sailor
People are made for challenges. When we respond to challenges, we become alert. As we move and think to overcome those challenges, we build physical and emotional muscle. We open up our bodies and minds to new possibilities. We learn and grow at an astounding pace, becoming stronger and creating amazing things. In the absence of challenge however, the opposite … Read More