In our SMBU Daily Video, Mike Bellafiore challenges the common trader statement “If I see the setup, then jump right in.” He thinks you may say this as well. See if you agree with Mike’s teaching lesson. Have a great weekend. SMBU Team * no relevant positions
SMBU’s Options Tribe Webinar: Russell Rhoads, CBOE: Shorting Volatility with $VXX options
This week, Russell Rhoads of the CBOE returns to the Options Tribe to discuss how he uses $VXX options when his bias is short as to market volatility.
2 Trading Lessons from Our Lecture at Pace University
I visited Pace University for a guest lecture hoping to teach aspiring traders and finance types what is really important to succeed in our game. There are two takeaways to share. Trading is not what most people think. Too many are inundated with misinformation about what it really takes to be a great trader. The Financial Media Entertainment Complex starring … Read More
How To Select the Best Long Strike For An Options Credit Spread
In our SMBU Daily Video, Seth Freudberg discusses how to decide the best long strike to select when selling a credit spread with a directional viewpoint in mind. In this video, you will learn: Why the strike separation that yields the highest dollar credit is usually NOT the best long strike to select. Why you need to focus on return, not dollars … Read More
30 trading habits in 30 days- monthly goals
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
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