I came home last Tuesday to the news that my wife had dismissed our nanny. I was not aware this was about to happen. There was no replacement, save her and me for at least two weeks. Oh. A scheduled short vacation to our family condo in Clearwater Beach consumed some of these two weeks. And then came this … Read More
Members Only Options Webinar: Jim Riggio: Capital Discussions: The “Jeep” Trade
Your Option for a better trading life……together (SMBU Options Tribe) 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 veteran options traders and experts in the world of options trading share live presentations. Next week, Jim … Read More
April 21, 2014 Locke In Your Success Weekly Market and Position Update
No relevant positions Risk disclaimer John Locke
What statement are you making with your trading?
I talk to traders all over the world and it surprises me how many “high probability” or “market neutral” traders don’t realize that they are making a statement with their position. By making a statement I mean whenever you enter a position, you are defining the conditions under which you will win and which you will lose. For example, when … Read More
Can Negative P&L be a Good Thing?
In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains how negative P&L in an options trade can surprisingly be a good thing. Enjoy the video! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is a program designed for novice and intermediate level options traders who are seeking an intensive training process to learn … Read More
Why do Proven Trade Ideas Suddenly Stop Working?
The most frustrating time in your career is losing money on proven set ups. It’s not you, it’s Me New traders grind out losing trade after losing trade because they want to be disciplined but they simply don’t have the experience to realize it’s actually the market and not the strategy. When is a consolidation a continuation pattern and when … Read More
Enhancing Trader Performance Via Habit Development
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note For stock traders a habit is nothing more than taking a well defined trading edge- let’s call it a process- and following that process … Read More
Rewiring Our Brains For 2014 Trading
Steven Spencer, Partner SMB Capital & SMB U, is presenting a free webinar on Monday April 7th, 2014 at 4:30pm ET. Steven will be discussing trading setups that have worked well in 2014 thus far. Including a discussion of shorting high beta stocks on retracements to prior failure areas. Click here register for this webinar. No relevant positions.