Hey Bella sorry to bother you again intraday. I’m very close to having having gotten ride of my over trading tenancies/urges and will start pulling the trigger on better trades2hold in the coming days/weeks. BABA though, it formed a support at 112.10 – 12.15ish. When you get long. Two questions. 1.) If you got long at 112.12 do you … Read More
SMB Trading Lessons of the Week of November 23, 2014
Bella discusses an anecdote about a great automated trader who was formerly a failed discretionary trader. In this video Bruce Bower discusses decision making from his visualization series. Latest Blog Posts Hopeville: Where Traders Go To Die There are times when I am required to give a mentoring student some tough love, because it’s important for me to convey, immediately, … Read More
Lesson 2: Trading Is Peak Performance
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