SMB U Trading Lesson of the Day: How to Gain Trading Confidence

Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about a SMB Trading Lesson of the Day on how to gain trading confidence. A trader from the SMB trading community reached out to Bella seeking advice for ways he could extinguish his trading fears. As a new trader Nicolas wasn’t able to actualize his trading … Read More

SMB U Trading Lesson of the Week: When to Exit Winning Trades

Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about a SMB Trading Lesson of the Week on when to exit winning trades. Mike discusses a situation where a trader thought he needed a trading psychologist. Turns out it was just an issue with his trading strategy. Enjoy the video! You can be better tomorrow … Read More

SMB U Trading Lesson of the Week: Position Sizing in $CCL

Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about a SMB Trading Lesson of the Week in $CCL. Mike discusses the various trading scenarios and how your position sizing would have changed under different market circumstances. Enjoy the video! You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The … Read More

Overlooked Risk Tools: Position Sizing

Too often I listen to inexperienced traders over reacting, exaggerating and showing how over dependent they are on things like technical analysis. Too many engineers and people who think they can outsmart the market by trying to define everything it does with some over restrictive measure, indicator or data series. Much of the time, the objective of this pursuit is … Read More

Forex Trading: Position Sizing Is More Important Than You Thought

Too often I listen to inexperienced traders over reacting, exaggerating and showing how over dependent they are on things like technical analysis. Too many engineers and people who think they can outsmart the market by trying to define everything it does with some over restrictive measure, indicator or data series. Much of the time, the objective of this pursuit is … Read More

Forex Trading: Position Sizing and the Bigger Picture

You know when you get up in the morning and open your charts and see your pair has already moved enormously without you? Ever wonder how to participate in that? You look back at your smaller time frames and see a setup on a 15 minute chart, but you had to be up at 4:30 AM ET and watching for … Read More