******One blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading is David Blair, The Crosshairs Trader. Below is his latest Sunday Links post for the SMB Trading Community. We hope you enjoy!****** — Editor’s note Neuroeconomics is the study of human decision-making. Combining several fields of study from behavioral economics to … Read More
Aware Of Your Thought Framework?
When first starting out trading any instrument, many beginners already have a thought framework in place whether they are aware or not. Most of the time, this thought frame work is conventional in nature. This means that their reasoning process relies on things like conventional market wisdom, other peoples opinions and gut feelings. From the start, new traders are set … Read More
Trading After the Debt Ceiling is Raised (Video)
Yesterday during our After-Hours Review our desk discussed attacking the markets after the debt ceiling is raised. Our preparation started yesterday. Notice that we run through different strategies: 1) Buy buy buy instantly 2) Wait for the market to settle and start a trend 3) Short the news 4) Fade a quick up move As a trading partner it … Read More
EUR/USD Still Strong?
This pair is still bullish but it can change quickly. This analysis offers what to expect this week. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
The Eight Principles of Elite Traders
******One blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading is David Blair, The Crosshairs Trader. Below is his latest Sunday Links post for the SMB Trading Community. We hope you enjoy!****** — Editor’s note Charles Garfield, the author of the 1984 classic, Peak Performance: Mental Training Techniques of the World’s … Read More
The Single Most Valuable 15 Minutes of Trading Education (Video)
Mike, I had to send this email out right away after you posted your session on how you lost on $FB. For me, this was the single most valuable 15 minutes that I have spent on trading education. Why? For me, getting bigger, pressing, and holding are the biggest obstacles for me to get to the next level. As background, … Read More
Turning One Trading Day Into Ten
Hi Mike, Thank you and your team for creating the DNA Program for those of us who want to learn from the best. It is now possible for anyone passionate about learning how to trade to DO IT. No more excuses for lack of opportunity. What I always wanted but could not find has finally arrived. I am very excited … Read More
How I Categorize My Intraday Watchlist
*****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 … Read More