Trading Frustration #5: How to Combat Selling Too Early

BellaGeneral Comments1 Comment

One of the Top Five Frustrations from traders is Selling Too Early. In the video below Steve Spencer and I tackle this issue and offer some ideas for improvement. Also as a solution to this trading frustration, I wrote about developing Reasons2Sell in The PlayBook. Here is one example of a Reason2Sell for your exit strategy. We discussed Reasons2Sell exclusively … Read More

Six Reasons Traders Fail That Most Traders Don’t Think About

John LockeGeneral Comments, Guest Blog, Options Education, SMB Options, Trader Development, Trading Lesson, Trading Psychology2 Comments

1. Lack of direction. Traders often fail to establish clear goals and create plans to achieve those goals. When traders fail to develop complete business and trading plans before entering the market they are setting themselves up for failure. 2. Impatience. This occurs when traders try to accomplish too much too soon, or expect to get results far faster than is truly possible. … Read More

This Week’s Popular Posts (1/12-1/18)

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1. Some Thoughts on 2014: Upside Volatility—Spencer reflects on 2012-2013 market behavior and offers some thoughts on how to pull more money out of market in 2014 2. Solving Your Top Five Trading Frustrations (Video Webinar)–Bella & Spencer sift through the data of 100s of traders in the SMB Community and offer solutions to their Top 5 trading frustrations 3. … Read More

From Here You Can Become a Really Good Trader

BellaGeneral Comments, Mike Bellafiore's (Bella's) Blogs, Trader Development, Traders Ask2 Comments

During our recent webinar Solving Your Top Five Trading Frustrations I was asked: What should a new trader expect from their P&L? The video below is instructive in answering this question. It was shared by an SMBU Trading Community member. A Chinese bamboo tree takes five years to start growing—and then in five weeks it can grow 90 feet high. This … Read More

Gap and Go Trade: $NBIX (PowerPoint Edition)

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Below is our 6th installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these educational sessions a trade archived by a new trader from our desk will be reviewed by Bella… usually. For this learning event we did something different! A trader from the SMBU Trading Community, but not our desk, presented a … Read More

“Best Stock Trading Book I Have Read, Easily”

BellaGeneral Comments, Mike Bellafiore's (Bella's) Blogs, Trader DevelopmentLeave a Comment

E. Ottens recently wrote a glowing review of The PlayBook for Amazon. We thought you would like to see it: The second-best was Bellafiore’s first book, One Good Trade. I’ve worked at a prop firm for a couple of years and have been consistently profitable for the last nine months. I would advise anyone considering this as a career to … Read More