In this SMBU Trading Tip of the Week, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about being relaxed in your trading using $KORS as an example. Highlights from this trade: Growth stocks need to perform very well to keep their tile as best in breed. Softening talk occurred in $KORS, but it kept holding higher. This changed the … Read More
Free Options Webinar Today at 5pm: John Locke: The M21 Options Trading System Video Series
Your Option for a better trading life……together (SMBU Options Tribe) 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 veteran options traders and experts in the world of options trading share live presentations. Today, John Locke returns … Read More
M21 e-book Download: Options Trading Education
The positive feedback for M21 training the last ten days has exceeded my expectations. The desire to understand how to identify changing market conditions so you can apply the best monthly strategy is strong. Today we take the training deeper and answer your top questions in my all new e-book. Tomorrow is the live training to tie it all … Read More
SMBU Trading Tip: Lessons From the Multiple Thousand Dollar Trading Loss
In this SMBU Trading Tip of the Week, Bella, author of the “trading classic” One Good Trade and The PlayBook, talks about how one trader ripped up over three thousand dollars in a Reversal Trade. He still thought it was a good trade! Highlights from this trade: The trader was aggressive where he should have been. The trader had an edge with this setup. … Read More
How to Custom Design Monthly Options Trading Plans
Why You Need to Learn How to Adjust Your Plan “Jeet Kune Do is simple, but you need to know when to use a certain movement.” -Bruce Lee Most trading frustrations come from allocating capital at the wrong moment. Learning when to avoid a strategy and, why you should, will eliminate costly inexperience. Strategies live in a vacuum but the … Read More
Why Options Traders May Have the Better Mindset
After fifteen years trading equities the insight hit me like a sledgehammer… A casual conversation with John Locke turned into one of those movie scenes where the actor wakes up from a deep sleep with a new mission. In my case it was a new thought process of how traders actually earn money. Now keep in mind here I am … Read More
Yes You Can Become a Better Trader!
How You Can Be Better Tomorrow Than You Are Today I am often asked: What is the most important attribute to become a successful trader. My answer may surprise you. It has nothing to do with “conviction” market predictions. In fact, for those that have read my latest book The PlayBook, I scorch the myth propagated by the Financial Media … Read More
Risk Management of Iron Condors
This week, Seth Freudberg, SMBU’s Director of Options Training, discusses a monthly iron condor trade using $NDX index options. Enjoy the video! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads … Read More