Posts Tagged ‘ day trading ’

The Fifth Step to Systems Success: Frequency

Mar 13th, 2014 | By | Category: Systems Trading
Our fifth of seven steps for building, testing, and following a system is to understand the frequency of the system. Higher frequency increases profit potential, but it also reduces reliability. The two primary downsides of higher frequency are 1) transaction costs and 2) execution assumptions. In back testing you can assume buying every bid and selling every offer. But this just doesn't happen in the real world. But to assume paying every spread may be too conservative. Experience and live forward testing are the only ways to know how well your assumptions match up with reality. The two primary benefits of higher frequency Read more [...]


Webinar: The Future of Trading By Mike Bellafiore with BigMikeTrading

Nov 14th, 2013 | By | Category: Events, General Comments, SMB on TV
Below is a webinar on The Future of Trading with Mike Bellafiore, author of The PlayBook and One Good Trade, presenting to the BigMikeTrading community. Mike discusses: * How pro traders are crystallizing their favorite setups * How pro traders are expressing their favorite setups in other products * How pro traders are becoming more bionic and leveraging the power of technology * How pro traders become scalable * How pro discretionary traders are building automated strategies without the need for coding skills If you have any questions, please reach out to Mike at mbellafiore@smbcap.com. We hope you enjoy. "You Read more [...]


The Future of Trading Presented by Mike Bellafiore

Nov 13th, 2013 | By | Category: Events, General Comments
No relevant positions Find Your Trading Confidence in Just Ten Weeks Read more [...]


Today: Webinar with Mike Bellafiore and Mike from BigMikeTrading.com

Nov 12th, 2013 | By | Category: Events, General Comments
Join us for a special Webinar, "The Future of Trading: The Multi-market, Multi-product, Discretionary, Quant Trader", with Mike Bellafiore and Mike from BigMikeTrading.com today, Tuesday, November 12 at 4:30pm ET. The topics of discussion are: * How pro traders are crystallizing their favorite setups * How pro traders are expressing their favorite setups in other products * How pro traders are becoming more bionic and leveraging the power of technology * How pro traders become scalable * How pro discretionary traders are building automated strategies without the need for coding skills Mike Bellafiore Read more [...]


The Reality of Trading

Nov 6th, 2013 | By | Category: General Comments, Steven Spencer (Steve's) Blogs
I thought today was probably my worst trading day of the year. It wasn't about losing thousands of dollars. It was about my performance relative to the setups I had outlined prior to the market open and the ones identified intra-day. The largest error was in my $TSLA trading which I will outline below. I was in two other stocks with fresh news and got on the right side of both stocks but did a miserable job of extracting money from them relative to the moves that they had. For professional traders their results are largely determined by how much money they make on the plays that work. We all know how to cut a losing trade and move Read more [...]


Use Your Emotions to Make Better Trading Decisions: SMB Midday Meeting with Denise Shull (October 21, 2013)

Oct 21st, 2013 | By | Category: General Comments
Denise Shull, author of Market Mind Games, was our guest speaker today during our Midday Meeting at SMB. Denise discussed: 1) How traders should learn to use emotions to make better trading decisions 2) Why most trader psychology advice gets it wrong by teaching you not to feel emotions 3) The reason why some traders have a need to be smarter than the rest of the market 4) How much of your trading psychology shortcomings can be linked to your childhood 5) And much, much more We hope you enjoy her informal chat with our newer traders. SMBU Team Related blog posts: Paying Attention to the "How" of Trading Read more [...]


How I Categorize My Intraday Watchlist

Oct 10th, 2013 | By | Category: College Students Programs, General Comments
*****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 to pro trader for the college student with a passion for trading.***** ---- If you're a short-term trader, you should be salivating with earnings season finally getting started. Why? There will be a multitude of stocks that are “In Play.” When I first started, the concept of trading stocks that were in play was something I was not at all familiar with. I would look at the charts of stocks that simply were Read more [...]


Identifying Important Intraday Levels – HTZ

Oct 4th, 2013 | By | Category: General Comments
Start early and gainan edge over other students on your trading career with our student training programs Read more [...]


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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 smbtraining.com) 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.

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