John Locke Be sure to visit our trading blog! www.lockeinyoursuccess.com
The PlayBook Signing Event in Singapore
Mike Bellafiore, co-founder of SMB Capital and SMBU, recently held a book signing with FT Press and Phillip Capital in Singapore. Mr. Lunch (below), a former student of SMBU, and one of the most enjoyable characters highlighted in The PlayBook was one of those who stopped by for his autographed copy from Mike. If you are interested in seeing more … Read More
Mike Bellafiore at Phillip iFest 2013, Singapore
Mike Bellafiore recently was the keynote speaker at iFest in Asia. You can find slides of his trading presentation here. Below is a picture of this 800 person event at Marina Bay Sands Casino in Singapore. An international lecturer, Mr. Bellafiore has built trader training programs globally for hedge funds, prop trading desks, and retail traders, working with some of … Read More
Get a Trading Coach Already
There is little evidence of anyone competing at the highest levels without critical feedback, coaching, and mentoring (coaching is what happens in real-time and mentoring after the close). I received this e-mail yesterday that can teach us about the power of trader coaching and education. Dear Mr. Bellafiore, I wanted to send you a quick email to thank you … Read More
What Do You Wish You Knew When You Started, Your Favorite Book and Setup?
Mr Bellafiore, I want to thank you for taking the time to read this email. I know you likely receive innumerable emails each day and reading and responding to them takes a considerable amount of your time. As a busy trader and a managing partner of your own firm, time is likely your most valuable asset, so the time you … Read More
Trade Review by Steve Spencer: $BIDU
In this video Steve discusses BIDU’s price action from the first week of August and several good risk/reward trading opportunities. Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 17 years. His email is [email protected]. He is currently long BIDU.
Looking For An Oversold Bounce– $YRCW
YRCW reported disappointing earnings on Wednesday and gapped lower. It moved very well off of the previous S/R levels 22 & 25 (see chart below). On Friday it traded below 22 as selling began to pick up again and it closed at 18 which corresponds with its pivot low from May & June. The large surge in volume as it … Read More
Study Trading Not Markets ($TSLA)
Some traders/investors make the mistake of studying markets instead of trading. This can negatively affect your trading performance. More specifically, this certainly was the case with the recent down move in battleground stock TSLA, the growth stock. For those of us who have traded professionally for 15plus years it is hard to watch and read the nonsense about TSLA’s valuation. … Read More