Continuing the series Seven Lessons I’ve Learned, I wanted to talk about the right lens or framework for understanding trading. Is it “combat”, is it a “sport”, or is it “a treasure hunt”? All of these are valid metaphors for describing some aspect, but I don’t feel that it captures the essence of the activity. Instead, peak performance is the … Read More
SMBU’s Options Tribe Webinar: Frank Fahey, Optionvue Systems, International: The anatomy of a broken wing butterfly
Today, Frank Fahey returns to the Options Tribe to break down the broken wing butterfly and examine its margin, skew and directional considerations. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar — the Options Tribe — during which … Read More
Lesson 1: Trading is Decision Making
Lesson #1 : Good trading is about good decision-making Last week, I wrote up seven lessons that I’ve learned about investing and trading over the past few years. That was an overview of some of the more interesting and surprising things that I’d come across in my journey in the markets. As a continuation of this series, I’m going to … Read More
How to Become a Prop Trader
Mr. Bellafiore, I will keep this as short as possible, as I know you are extremely busy. To ask my question, I must give you some background information about myself. I just finished your book, One Good Trade and I am truly inspired. I graduated from school in May. I did not graduate from an Ivy League school, or with … Read More
SMBU’s Options Tribe Webinar: Len Yates, Optionvue Systems, International: Earnings Plays and Horizontal Skew
Today Len Yates, founder of Optionvue Systems International, returns to the Options Tribe to discuss earnings plays and the new horizontal skew model that was recently built into OptionVue’s Software. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar … Read More
SMBU’s Options Tribe Webinar: Discover How to Find Overpriced Credit Spreads with Ron Wheeler of Dynamictrend.com
Today, Ron Wheeler of Dynamictrend.com discusses his way of identifying opportunities in overpriced credit spreads. This is Ron’s first appearance with the Options Tribe and we’re excited about his presentation. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar … Read More
Market Review with Andrew
In this video, Andrew shows a way to filter out the noise and navigate the swings in the market. This example uses multiple time frames on the S&P 500 to give context for proactively managing equities and options positions. Enjoy the video! Andrew is a portfolio manager with Sabal Tree and a contributor to SMB Training. Risk Disclaimer no relevant … Read More
SMB Trading Lessons of the Week of November 2, 2014
Bella discusses the concept of equanimity. This video is part of our free daily trading video. Bruce Bower discusses the importance of forming habits in your trading. Latest Blog Posts 8 Ideas from the Prop Desk to Improve Your Trading (#Stocktoberfest) There is a lot of good to be found in even the results of an underperforming trader. Hunt for … Read More