In our SMBU Daily Video, Andrew digs through 10 years of market data to show you what typically happens after a sharp drop in price. We hope this video helps you improve your trading skills. – SMBU Team *no relevant positions
How to Know When You Are Trading Too Large
In our SMBU Daily Video, Seth Freudberg discusses how to know when you are trading too large and what to do about it. In this video from Seth, you will learn: Many options traders trade well on small amounts of capital but struggle when those capital levels increase. One of the most common reasons that traders blow up and quit … Read More
This What A Professional Trader Looks Like
In our SMBU Daily Video, Mike Bellafiore gives a visual for you of what a professional trader looks like. Mike shares a story from our desk of a trader who works hard, but more importantly, works hard in the right way. We hope this anecdote helps your trading. – SMBU Team *no relevant positions
Meet Mr. Excuse trader
*inspired by 18 years of trading I lost money because of that damn Jim Cramer! No you lost money because you followed his advice on a trade not best for you. I lost money because the damn Fed keeps inflating prices. No you lost money because you didn’t follow the trend created by the Fed keeping rates low. I lost … Read More
Back against the wall trading
I get a lot of emails from prop, hedge fund, and retail traders confiding: I have to make money now! Their back is against the wall. Your first reaction may be that they are in this position because they did not seek help earlier. But that would miss the point of this post and the lessons we can learn from … Read More
Marketable Limit Orders
In our SMBU Daily Video, learn what a marketable limit order is. In this video, Andrew Falde shows you: The difference between a limit and market order How you can create a hybrid order that combines the benefits of both a market and limit order An example of a marketable limit order The upside and downsides of this order type … Read More
This is what a professional trader looks like
It’s 7:27PM EST on Thursday night, I throw my backpack over my shoulder and head home for the night. As I close my office door at our proprietary trading firm, I notice a trader still at the office. That’s him, last night in that picture above. This is what a professional trader looks like. Let me be clear about … Read More
Careful aggressive traders
I love aggressive traders. Firms love aggressive traders. There is trader lore and real-history of firms testing for that fabulously aggressive trader trait (if it exists). Then there is these times. Markets when the aggressive trader takes his beating from Mother Market for being overly aggressive. The holidays are coming. It’s not earnings season. Traders are sitting around, re-clicking ESPN … Read More