Last week I changed my bias in DDD from bearish to bullish. This video clearly explains my reasoning. This video serves as a trading lesson but also as an “after action” report. The second video from our AM Meeting previewed potential price action the day following DDD’s earnings release. The second video is from our AM Meeting where I shared some … Read More
Enhancing Trader Performance: Understanding The Perils Of Overconfidence
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note We have all been there. We develop a new edge, test it with a few trades, make money on these trades, believe … Read More
Transactions Costs and Slippage
When running algorithmic back tests, it’s important to always include reasonable transaction costs and slippage assumptions. Here’s a quick example of how a seemingly great strategy can fall apart quickly when you leave these two critical factors out of the study. This is a simple range bound strategy for SPY that is setup to trade during the typically quiet mid-day … Read More
Formulating A Trading Plan: $YELP
In this morning’s AM Meeting I discussed a recent shift in my approach to trading momentum stocks as we have seen signs that bottoms are forming. In the second half of the video I share my intra-day trading plan for YELP: where it made sense to get long based on recent price action as well as a potential failure area … Read More
If Trading Stresses You Out, Change Your Perception
I see it all the time, income traders battling a trade at any cost. Sitting there hour after hour, day after day completely stressed out; using too many resources and taking on way too much risk just so they can win. It’s as if their life depends on winning the trade. This usually happens because the trader is attaching some … Read More
Buying a Call Doesn’t Always Work Even if the Stock Goes Up… A lot
In this video, Seth Freudberg, explains why making money on call options is not as simple as accurately predicting the direction of a stock. He uses a recent NFLX example to drive this point home. Enjoy the video! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is a program designed for novice and intermediate level options … Read More