Perception and Trading

Laurel or Yanny? There are a few viral videos going around in which different people perceive different words despite listening to the same audio clip. This one is particularly impressive to me: You can hear EITHER one, simply by telling yourself that is what you’re about to hear. Kind of bizarre given the cadence and different syllables of the two … Read More

FOMO- My thoughts from Dr. Steenbarger’s series

Dr. Steenbarger wrote an excellent series on FOMO (Fear of Missing Out) with solutions to help traders with this issue. In one post, he mentioned our work together coaching and mentoring traders at SMB.  Specifically he outlined three ideas to improve FOMO, and for which I would like to contribute my thoughts and hopefully supplement his writing. 1) Mindfulness We … Read More

SMB Futures TOTD – 5/17/18

It’s time for the Futures Desk Trade of The Day! Here’s a link to yesterday’s trade as well. This trade combines a classic “spring” pattern, with the use of vwap, and time of day factors. Key variables: ES in an uptrend defined by method Pullbacks mid-day during slow trade can be more complex (multiple legs) Watch for pull back into … Read More

SMB Futures TOTD – 5/16/18

It’s time for the Futures Desk Trade of The Day! Here’s a link to yesterday’s trade as well. Today we have a trade that achieved 6 to 1 R/R – This is something that is doable on a pretty consistent basis for many traders. (Many retail traders at home think that this type of R/R is near impossible.) The trade … Read More

The formula for how to become a 7-figure trader (Chat with Traders Podcast)

Here is a link to my recent Chat with Traders podcast with Aaron Fifield. Aaron gives our follow up chat together the title: The formula for how to become a 7-figure trader. @Maoxian does a solid job providing notes of the podcast here. I love the @DGillies tweet after his listen: That podcast gave me hope. My expectations are now … Read More

SMB Futures TOTD – 5/15/18

It’s time for the Futures Desk Trade of The Day! Here’s a link to yesterday’s trade as well. Today is an interesting one, and it embodies something we hold dear to our hearts. That is, “Not all wins are wins, and not all losses are losses.” In short, the simple outcome does not determine the success or failure of a trade. … Read More

Why trade the market instead of Stocks In Play when volitility spikes?

Hi! I’ve just finished listening to the podcast with Aaron Fifield. It was interesting but one thing wasn’t clear to me. Why did you suggest traders to trade the whole market as volatility picked up instead of individual stocks? The price action on indices during market hours seem to be very hectic, violent in recent weeks. For this reason I … Read More