Welcome back to our new series 30 trading habits in 30 days. Today we share habit #9- Set monthly goals. I spoke at Pace University today (picture above) and spent an hour lecturing on what it is really like and what is really important to become a successful trader. Doing a monthly review is one of those non-glamorous musts that … Read More
Congratulations On A Solid Trading Month! Now What Are Your Monthly Goals to Improve?
In our SMBU Daily Video, Mike Bellafiore shares an exercise he held with his new traders today on the desk. Mike asked our new traders to share one of their monthly goals. In this video you will learn: Some of the monthly goals from traders on the desk. Mike shares an email he sent to a High Performing Trader who made … Read More
30 trading habits in 30 days – Trades2Learn
Welcome back to our new series 30 trading habits in 30 days. Today we share habit #8- Trade2Learn. Don’t just journal, keep your trading journal open while you are trading. How does this help your trading? 1) It relieves pressure. Instead of fixating on whether a trade will work or not, be obsessed with what you can learn from … Read More
How We Find The Best Setups
It was an incredible week in the market. Monday started with a strong down trend and by Friday the SPY closed at its highest level since ten days earlier. Outside of the indexes themselves there were some incredible risk/reward opportunities in individual stocks. In this short video I explain some of the techniques we used to identify and trade the … Read More
A master class of trading lessons from Las Vegas
Last weekend SMB Capital was a sponsor for Traders4ACause in Las Vegas. Many notables from the trading community presented. Below are highlights of the lessons learned from this charity event. I hope their ideas give you ideas to improve your trading and investing. Peter Brandt Models and bottles are not a good reason to enter trading. My presuppositions about trading … Read More
Inside The Trading Vault – Futures Market Assessment – $ES_F
SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault. The formation above is that of a falling broadening wedge- this is a bullish formation. The current measured range is 66 points. We sit above the moving averages and momentum suggests at this time that pullbacks should be bought and … Read More
My Preconceived Assumptions About Trading Success Were All False
In our SMBU Daily Video, Mike Bellafiore shares an exercise he held with his new traders today on the desk. Mike asked traders what preconceived assumptions they had about trading success that were false. This video and firm discussion was derived from a Peter Brandt quote from a presentation at Traders4ACause in Las Vegas this weekend. We hope the answers help … Read More
Trading That Crazy SRPT
The most In Play stock this morning was SRPT. It is one of the crazier liquid biotech names from a price action standpoint to ever to grace our markets. Because of the strength of the news catalyst and the size of the reaction this morning it was at the top of our AM Game Plan. I decided for fun to poll … Read More