The other week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon. My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading. Below is part 7 of the video series reconstructing my presentation. In this video Mike discusses: 1) An anecdote about a great automated trader formerly a failed discretionary trader 2) Adding automated trading … Read More
SMBU’s Options Tribe Webinar: Frank Fahey, Optionvue Systems, International: The anatomy of a broken wing butterfly
Today, Frank Fahey returns to the Options Tribe to break down the broken wing butterfly and examine its margin, skew and directional considerations. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar — the Options Tribe — during which … Read More
Avoiding Losers (And Winners)
*****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 Key Point: We will do anything to avoid a loss even to the point of ignoring that we have one, while claiming … Read More
Selling the News in a Strong Stock (video)
Last week in our AM Meeting I outlined a classic short term trading setups often referred to as “Sell The News”. no relevant postions
SMBU’s Options Tribe Webinar: Len Yates, Optionvue Systems, International: Earnings Plays and Horizontal Skew
Today Len Yates, founder of Optionvue Systems International, returns to the Options Tribe to discuss earnings plays and the new horizontal skew model that was recently built into OptionVue’s Software. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar … Read More
A Successful Trader Who Made a Late Career Change to Trading Successfully
The other week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon. My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading. Below is part 6 of the video series reconstructing my presentation. In this video Mike discusses: 1) An anecdote of a successful trader who made a late career change to trading successfully 2) … Read More
The Bionic Trader
The other week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon. My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading. Below is part 5 of the video series reconstructing my presentation. In this video Mike discusses: 1) How to use technology to improve your discretionary trading. 2) The importance of building signals for … Read More
Top 20 Books to Improve your Thinking as a Trader and Investor
*****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 I am often asked to share my favorite stock trading books. Although I do have a shelf dedicated to the important technical aspect … Read More