Critical feedback is essential for you to reach your potential as a trader. In my second book, The PlayBook, I offer examples of how we give critical feedback to our professional traders in NYC. The PlayBook Checkup is one such way, as you can see in the video below. The most compelling case for the importance of critical feedback might … Read More
The PlayBook Released in China (and a lesson for traders)
The PlayBook was just released in China! I want to thank my good friend Naida Liu for the translation and finding a Chinese publisher. Naida also translated One Good Trade into Mandarin and hopefully it will be released as well. For those who do not know, the Chinese markets are considering new trading rules to allow for short-term trading. They … Read More
SMBU’s Options Tribe Webinar: SMB’s Options Desk Traders: Trading on a proprietary options trading desk
Today, traders who were successfully trained by SMBU’s Options Mentoring program, and who were, as a result, invited to trade on SMB’s Options Trading desk, will discuss and answer questions about what it’s like to trade on a professional proprietary options trading desk. Submit your questions for what should prove to be an interesting and lively session!
7 Steps to Building Trading Edge
Hey Mike Bellafiore, I’ve been following you for over a year now and have both your books. You post great threads too. I believe the greatest challenge is creating that edge. Its rare to come across a mentor in this industry, especially if you don’t have your foot in a prop firm. Do you have any recommendations about the best … Read More
8 Ways to Blow Up your Trading Account
Hey Bella, I was just getting some hummus and crackers when a quote from Charlie Munger popped into my head and I immediately rushed to my email so that I wouldn’t forget about it later. Basically it goes “Tell me where I’m going to die, that is, so I don’t go there.” So I knew of no better person to … Read More
The Benefits of Pre-Market Preparation
Profitable trading is a process. That process starts before the market opens. Great traders expect to make money because they stack high-probability ideas into their game plan. Trade management and adjustments are important too, but the stronger the underlying idea, the easier – and more consistently profitable – the trade will be. This post will walk you through the morning … Read More
SMBU’s Options Tribe Webinar: Paul Forchione, Optionvue Systems, International: Options Strategies for Trading Crude Oil Futures
The crude oil market has captured everyone’s attention because it has declined almost 60% over the last 7 months. Today on the Options Tribe, Option Strategist Paul Forchione of Optionvue Systems International will show how he selects and analyzes crude oil futures options strategies suitable for a variety of directional and volatility outlooks.
Become a Better Trader with SMBU Premium (Starting Thursday)
SMBU Premium begins this Thursday. This is an exclusive 12 webinar learning lecture series presented by SMB designed to help you improve your trading in 2015. Please join SMBU Premium to gain access to this Thursday’s event. It is only for members. The webinar this week is: The PlayBook Checkup with Bella: An Inside Look Into SMB’s Mentoring (Thursday) Watch … Read More