Trading Lesson

PlayBook Checkup: $HRB Breakdown from Held Bid Support

Apr 15th, 2014 | By | Category: Trader Development, Trading Lesson
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about a trade she made in $HRB. We hope you enjoy this PlayBook video. (You can also get access to all the PlayBook Checkups here.) You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Read more [...]


PlayBook Checkup: Opening Drive – Consolidation Above VWAP $K

Apr 8th, 2014 | By | Category: Trader Development, Trading Lesson
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about a trade he made in $K. We hope you enjoy this PlayBook video. (You can also get access to all the PlayBook Checkups here.) You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Read more [...]


PlayBook Checkup: Uptrend Continuation after Strong Opening Drive ($AOL)

Apr 2nd, 2014 | By | Category: General Comments, Trader Development, Trading Lesson
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about a trade she made in $AOL. We hope you enjoy this PlayBook video. (You can also get access to all the PlayBook Checkups here.) You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Read more [...]


Trading in a State of Flow

Mar 20th, 2014 | By | Category: SMB on TV, SMB Video Blogs, Trader Development, Trading Lesson
Mike Bellafiore, co-founder of SMB Capital, spoke to students at Pace University about trading and the need to start early while they’re in college if they want to get an edge in trading. In this short clip Bella discusses the concept of being in a state of flow. Flow by Mihály Csíkszentmihályi is a must-read book. A state of flow occurs when you become so involved in something that time seems to stand still. You are present. Do something that makes sense to you. Think about this idea when you are trading. To read more about SMB’s college trading programs, click here—and enjoy the video! You can be Read more [...]


PlayBook Checkup: Breakout Fade ($OPTT)

Mar 18th, 2014 | By | Category: General Comments, Trader Development, Trading Lesson
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about a trade he made in $OPTT. We hope you enjoy this PlayBook video. (You can also get access to all the PlayBook Checkups here.) You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Read more [...]


Trading Lesson: Establishing A Trading Range—$PLUG

Mar 13th, 2014 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
Often I receive questions regarding how I determine important price points for establishing trades. It is a combination of several factors each time but by far the heaviest weight is given to recent support and resistance levels. You would be surprised at how often after I make a trade I'll receive a comment like "you shorted at the 66.3% fib retracement" or "you got in at the 20 period exponential" something or other. Nope! Or at least that is not how I found my level. It just so happens that important S/R levels seem to match up quite often with many of the more commonly or uncommonly used technically derived levels. Here is Read more [...]


PlayBook Checkup: $CHTR

Mar 1st, 2014 | By | Category: SMB on TV, SMB Video Blogs, Trader Development, Trading Lesson
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about a trade he made in $CHTR. We hope you enjoy this PlayBook video. (You can also get access to all the PlayBook Checkups here.) You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Read more [...]


SMB Trading Lesson of the Day: Buying Pullbacks on The Open

Feb 26th, 2014 | By | Category: Trade of the Week, Trading Lesson, Trading Theory
In this SMBU Trading Lesson of the Day, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about a trading pattern that's been working in this Bull Market. Highlights from this trade: 1) This pattern works extremely well in a Bull Market. 2) Incorporate this strategy into multiple timeframes. 3) LOW gapped up significantly on earnings; see Mike’s thoughts on how he planned to trade this after watching HD trade yesterday. 4) After the gap up, LOW was extremely weak on no news, but then it reversed strongly to the upside. 5) Are traders getting too aggressive on the sell side as a Read more [...]