I received this email yesterday. I am considering signing up for the remote SMB Foundations program. But I am concerned about the technology I would need to get full advantage from the program. I live in rural Texas, and my tools are caveman-primitive compared to those of your traders in NYC. I have a Windows desktop, a 3 mb/sec DSL … Read More
Ten Takeaways from a Top Trading Coach for Success in Trading
SMB had an elite trading coach (name cannot be shared for compliance reasons) visit yesterday for an informal presentation with tips on how to improve trader performance. This coach has worked with the top traders in the world, at prop firms, investment banks and hedge funds. SMB Trader, King of Men, put together a list of ten takeaways from this talk. We thought … Read More
Forex Road Map
Marc Principato, CMT records a trade setup as it happens on the S&P 500 CFD instrument. This is an example of how the traders in the SMB Forex and Futures program manage emerging opportunities. It’s like having a road map. Can you see the value? — Marc Principato, CMT Risk Disclaimer *No Relevant Positions
How Do You Find The Best Stocks to Trade?
Hi Mike… quick question…. while your probably constantly reevaluating throughout the day, would you say its common for SMB to come up with another set of “in play stocks” for afternoon trading, or do you tend to stick with the original ideas from the morning? thanks for all your advice and thoughts. @mikebellafiore 1. We are experts in choosing the … Read More
Trading Educators Are Showoffs
I received this feedback from an attendee of The PlayBook webinar series. I was only on the webinar for about 15 minutes, so perhaps this is an unfair comment….. But, I thought the seminar seemed to be more about how cool you SMB guys were than providing good useable info. I personally would evaluate the seminar on the quality … Read More
The #NewNormal and $SPX 1680
I was on BBC a few days ago to talk about the market’s reaction to the “fiscal cliff” legislation. I had hoped to use the opportunity to spend some time clearly outlining a concept I discussed in my final webinar of 2012. The BBC economics reporter prattled on longer than expected so I only had about 60 seconds to outline … Read More
Why I got long FDO
FDO gapped down and then made a sharp downmove on the open. I caught some of the downmove with a Momentum Trade. But then the momentum short was over and I had a decision. Do I look to trade $FDO for a bounce or for a continuation move? I chose the former and will explain w1hy. The market has been … Read More
The Forex Road Map
When new traders enter the forex market, they install their platform of choice and then ask the following question, “How do I know which way my forex pair is going?”. They usually seek the answer by immersing themselves into the world of confusion. Amazingly enough, newer traders already come to the game with the preconceived notions that their brokers love. … Read More