At our firm, traders can be discretionary traders, automated traders or hybrid traders. Discretionary traders push the buttons and make their own decisions. Automated traders develop and idea, backtest, forward test, and then let computers run the strategy. Hybrid traders do a little of both and use technology to inform better discretionary trading. Often we hear in the Financial News … Read More
Ten reasons to attend Traders4ACause 2017
SMB will be attending, donating to, and presenting at the 2017 Traders4ACause Charity Event, this October 6-8 in Las Vegas. Here are ten reasons why you ought to attend: It’s in Las Vegas. Every dollar goes directly to selected charities. It is a wonderful networking event for you to meet serious and successful traders. I have attended … Read More
Do Options Income Traders Make Money Every Month?
The term “Options Income Trading” misleads new traders into thinking that they can realistically make money every month through this style of options trading. New traders may not realize that there will undoubtedly be losing months when adopting any of these strategies. In this video, we explain the realities of this style of trading, so that a new trader can plan his trading activities and cash flow realistically.
Making money in a low options volatility market
Most options traders have a defeatist attitude about earning profits in low volatility environments. The truth is that in many cases, low volatility environments are the best for making money in market neutral options trading. In this video, we cover the reasons behind this phenomenon.
[Recording] Mentoring with Bella (Webinar August 18)
Mike Bellafiore helped an improving trader from our community decide where to focus to get to the next level in his trading.
Why SMB is putting millions behind this market neutral options system
Over the past five years, we have built out a successful options trading desk at our firm. The options strategy that SMB originally backed still represents the highest capital allocation with the highest percentage of traders implementing it. That strategy is John Locke’s M3 Options Trading System. Here are some key reasons why we believe in the M3. It has been successfully replicated … Read More
What is working for YOU
When I receive emails from new and developing traders they often dwell on what is not working with their trading. They recite with precision exactly what they are doing poorly and with thoughtful reasons for this. Inevitably, they ask for help with these issues. My first response generally is to ask them what they do well. And we then build … Read More
When you are trading too big
When are you trading too big? Recently, while heading outside for a trading break, a developing trader stopped me near the elevator. He gave me a progress report on a new strategy that he was running. I love it. It is unique. He has backtested the strategy and it has edge. No one else on the desk is trading it. … Read More