In Monday’s webinar, Bella discussed the five trading setups that are taught to trainees when they join our desk in NYC. These trades include: Changing fundamental trades Trend Trend trade 2nd day play Technical trade Pullback trade Part of the DNA Program is learning these setups in greater detail and being exposed to critical feedback when Bella reviews these trades. no … Read More
The PlayBook Checkup: $P 2nd Day Opening Drive and Pullback (Power Point Edition)
Below is our fourth installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these educational sessions a trade archived by a new trader from our desk will be reviewed by Bella… usually. For this learning event we did something different! A trader from the SMBU Trading Community, but not our desk, presented … Read More
The nice thing about communicating at a desk (PEP)
A guest post written by trainee SW: Communication is one of the 7 fundamentals taught here at SMB. The nice thing about trading here is that traders are always sharing ideas and learning from one another. Today was not an exception. I was involved in PEP shorts in the morning. However, PEP couldn’t hold below the 62 level from yesterday. … Read More