In our SMBU Daily Video, Seth Freudberg discusses how to handle the inevitable execution errors that every trader makes now and then. In this video you will learn: Why you should reverse an execution error immediately after you make it. Why you must not waste time beating yourself up over an execution error. Why you must be realistic and reduce your … Read More
Spencer named as a must follow in finance on Twitter
Steve Spencer, AGAIN, was recently named a must follow in finance on Twitter. Congratulations Steve and the SMB Capital trading community. Here is what Business Insider had to say about Steve: See more of our friends who were named here. *no relevant positions
Trade Triage- Damage control techniques for poor entries
In this discussion, we’ll discuss the example of the incorrect entry using an option strike with lots of time to expiration -and different ways we can employ damage control on a trade that looks to be upside down for a time. All commentary is hypothetical, and solely my opinion and what I might potentially do if I had this position. … Read More
Mike Challenges a Common Trader’s Statement
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
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
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
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