My 4 week online class begins on 1/21. Register before space runs out. This webinar provides an idea of the topics I will be covering. In particular: How I project support and resistance levels How I use candlesticks to validate trades And how to question the market for context Any questions, make sure to email me. Once the class begins, registration will … Read More
Six Reasons Traders Fail That Most Traders Don’t Think About
1. Lack of direction. Traders often fail to establish clear goals and create plans to achieve those goals. When traders fail to develop complete business and trading plans before entering the market they are setting themselves up for failure. 2. Impatience. This occurs when traders try to accomplish too much too soon, or expect to get results far faster than is truly possible. … Read More
This Week’s Popular Posts (1/12-1/18)
1. Some Thoughts on 2014: Upside Volatility—Spencer reflects on 2012-2013 market behavior and offers some thoughts on how to pull more money out of market in 2014 2. Solving Your Top Five Trading Frustrations (Video Webinar)–Bella & Spencer sift through the data of 100s of traders in the SMB Community and offer solutions to their Top 5 trading frustrations 3. … Read More
From Here You Can Become a Really Good Trader
During our recent webinar Solving Your Top Five Trading Frustrations I was asked: What should a new trader expect from their P&L? The video below is instructive in answering this question. It was shared by an SMBU Trading Community member. A Chinese bamboo tree takes five years to start growing—and then in five weeks it can grow 90 feet high. This … Read More
Be Proud of What You Have Accomplished & Do Well
I was on the subway after work yesterday and a tweet from @gtotoy caught my attention. It was a friendly reminder that we all need from time to time to not simply use our review process to focus on our flaws and what did not go as planned. It is just as important, no actually more important to recognize that … Read More
Gap and Go Trade: $NBIX (PowerPoint Edition)
Below is our 6th 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 a … Read More
“Best Stock Trading Book I Have Read, Easily”
E. Ottens recently wrote a glowing review of The PlayBook for Amazon. We thought you would like to see it: The second-best was Bellafiore’s first book, One Good Trade. I’ve worked at a prop firm for a couple of years and have been consistently profitable for the last nine months. I would advise anyone considering this as a career to … Read More
Poems 2.0 Stock Challenge
SMBU is proud to be a sponsor of the Poems 2.0 Stock Challenge with our Singapore partners Phillip Capital. Are you ready to pit your skills against other individuals from the region? Prove that you have what it takes to be one of our Champions! To register, visit www.ppoems.com.sg/stockchallenge and choose to compete in one of the … Read More