In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains the Triple Butterfly trade, which provides a good example of how options income trades can be successfully adapted to address strong market movements. 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 … Read More
PlayBook Checkup: Breakout Fade ($OPTT)
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about … Read More
Members-Only Options Webinar: Explore Earnings Plays and Options Behavior with Matt Amberson of Orats.com and Casey Platt
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, Matt Amberson of Options Research and Technology Services (ORATS), joined by … Read More
The Blowup: Game, Set, Match!
Recently, I have been thinking a lot about the “blowup”. In trading it is the term used to describe a catastrophic loss suffered by a trader or a firm. The blowup generally lurks in a remote corner of my consciousness, ready to be pulled to the forefront at a moment’s notice in service of proper risk management. Perhaps this past … Read More
Enhancing Trader Performance… with the Ten Commandments
*****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 I am one who believes that in order to enhance trading performance one needs to study principles applicable both in and outside … Read More
I Am Not Becoming as Good a Trader as I Expect Fast Enough
Hi Bella, I’ve been making some very steady progress since doing the DNA program last year. My monthly metrics show incremental improvement, and I’ve been enjoying putting in the work each and every day. Joining the SMB VTF has been a huge benefit, and communicating regularly with some of my DNA group has also been very beneficial. Today I encountered … Read More
A Lesson from a Failed Trader (for Now)
Trading is a very difficult sport. The representation of trading within the Financial Media Entertainment Complex is sensationalized and is intended to first entertain. Trading is a skill. You must build skill, then your PlayBook, and then you will be able to navigate yourself toward becoming a Consistently Profitable Trader. It’s not a game of guessing, no-edge predicting, IQ, luck, … Read More
Members Options Webinar: Livevol and Casey Platt: A Unique Perspective on Playing Earnings with Options (Sell the News, Buy the Rumor)
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, Kevin Nichols and Shannon Brandt of Livevol, along with Casey Platt, … Read More