Posts Tagged ‘ trading ’

Forex Trading: Do You Have The Right Perspective?

Jun 19th, 2013 | By | Category: Marc Principato, SMB Forex
I would say most newer traders come into the market with all kinds of preconceived notions, biases and misinformation. This comes from ingesting too much financial media and following too many self proclaimed experts. Newer traders lack confidence because of two primary factors: lack of experience and no perspective. Perhaps you need experience to gain perspective, but it is possible in my opinion to learn how to develop a perspective without having years of experience. Perspective is simply a way to define factors in a market that imply the intentions of the majority of participants relative to numerous time horizons. You can have a intraday perspective which can come from information Read more [...]


SMB Forex and Futures Weekly Analysis 6/17

Jun 17th, 2013 | By | Category: General Comments, Marc Principato, SMB Forex
In this segment, Marc Principato, CMT analyzes the S&P 500 cfd, EUR/USD. GBP/USD and AUD/USD on the larger time frames. Learn to spot emerging opportunities on a weekly basis. Visit: http://bit.ly/smbhome -- Marc Principato, CMT, Risk Disclaimer *No Relevant Positions SMB FOREX Trade on your own schedule Learn SMB′s Unique Strategy Trade Confidently in 6 Weeks Click here for a free trial of our chatroom Read more [...]


SMB Forex and Futures Weekly Trade Review 6/14

Jun 14th, 2013 | By | Category: Marc Principato, SMB Forex
In this segment Marc Principato, CMT, examines how to take a momentum trade in the S&P 500 CFD using volume analysis and pattern recognition. To learn more visit: bit.ly.com/smbhome -- Marc Principato, CMT Risk Disclaimer *No Relevant Positions SMB FOREX Trade on your own schedule Learn SMB′s Unique Strategy Trade Confidently in 6 Weeks Click here for a free trial of our chatroom Read more [...]


Forex: If You Can’t Lose, You Can’t Win

Jun 13th, 2013 | By | Category: Marc Principato, SMB Forex
Let’s face it, we all hate to have losing trades. Whether we realize it or not, losing trades are necessary in order for us to grow as traders. Not being able to take a loss or having a fear of losing will keep you from ever making progress. Most importantly, when you have a trading loss, you have the opportunity to refine your trading ability and reduce anxiety as you continue to trade. Starting out, many traders will paper trade. This is a great way to get a feel for your methodology and how to manage trades without any emotion getting in the way, but as soon as you put real money on, things change. What is changing is emotion now plays a role in your decision making. Second guessing, Read more [...]


The Power of Deliberate Practice for Trading

Jun 9th, 2013 | By | Category: General Comments
Mike, I’ve recently been in touch with SMBU regarding the SMB Foundation/Trader Development program and will be starting, military hours permitting, in the next couple months. I read your book (One Good Trade) and listened to any videos/interviews I could get my hands on that had SMB Capital in it and, and after taking your advice from your book, I began to more actively listen. In doing so, I came across one video in particular in which I could hear you loud and clear. “Two books were pivotal in helping us mold a lot of our training programs, methodology, and paradigms: Talent Is Overrated and Outliers”. Those weren’t the exact words you were using but it was as though you were shouting Read more [...]


SMB Forex and Futures Weekly Trade Review 6/7/13

Jun 7th, 2013 | By | Category: Marc Principato, SMB Forex
In this segment, Marc Principato, CMT demonstrates how a trade in the EUR/USD is taken using volume analysis in conjunction with our pattern recognition methodology to realize a outsized reward to risk ratio. To learn more visit: bit.ly/smbhome -- Marc Principato, CMT, Risk Disclaimer Risk Disclaimer *No Relevant Positions SMB FOREX Trade on your own schedule Learn SMB′s Unique Strategy Trade Confidently in 6 Weeks Click here for a free trial of our chatroom Read more [...]


Forex Trading: Major Price Reversals

Jun 5th, 2013 | By | Category: Marc Principato, SMB Forex
Just a couple of weeks ago, the EUR/USD and GBP/USD looked as if they were going to zero. The media and experts were citing all kinds of bearish facts and fundamentals. If you look at the prices now, both pairs have dramatically reversed and are showing nothing but signs of strength. What happened? Were you distracted by all the “experts”? How do you know when a financial instrument is about to turn? It all begins with being strongly aware of technical conditions on your larger time frames. Keep in mind that no one can predict a top or bottom of a market consistently before it is established. As speculators, it is our job to listen and observe market conditions and recognize when Read more [...]


SMB Forex and Futures Weekly Analysis 6/3

Jun 3rd, 2013 | By | Category: Marc Principato, SMB Forex
In this segment, Marc Principato, CMT analyzes the S&P 500, EUR/USD. GBP/USD and AUD/USD from a broader technical perspective. To see this analysis in real time, visit: bit.ly/smbhome -- Marc Principato, CMT, Risk Disclaimer *No Relevant Positions SMB FOREX Trade on your own schedule Learn SMB′s Unique Strategy Trade Confidently in 6 Weeks Click here for a free trial of our chatroom Read more [...]


SMB Forex and Futures Weekly Trade Review 5/31

Jun 3rd, 2013 | By | Category: Marc Principato, SMB Forex
In this segment, Marc Principato, CMT reviews an acceleration setup that occurred in Gold recently. He also explains how this correlates with the GBP/USD. For more information visit: bit.ly/smbhome -- Marc Principato, CMT, Risk Disclaimer *No Relevant Positions SMB FOREX Trade on your own schedule Learn SMB′s Unique Strategy Trade Confidently in 6 Weeks Click here for a free trial of our chatroom Read more [...]


Forex Trading: The Bionic Forex Trader

May 31st, 2013 | By | Category: Marc Principato, SMB Forex
Many struggling forex traders are in that position because they don’t realize one thing: the job of a professional trader is to isolate the least random market information and then take risks that are proportional to their trading capital. I say “least” random because a “non” random condition would mean that the particular setup would work 100% of the time. Traders must always face the possibility of a loss. The problem is most amateur traders do not consider trading a game of probabilities, they instead consider it a game of predicting the future. When I speak to many newer traders or some who have been trading for a year or less, and I ask them to explain one of their setups Read more [...]