I am one of the subscribers to the new SMB DNA program. I missed your mentoring session yesterday, but I just watched the recording and was wondering if you could answer one question for me. I just also wanted to say that I read both of your books not too long ago and thought they were the best books on … Read More
Steve Spencer named one of: “The 106 Finance People You Have to Follow On Twitter” by Business Insider
Steven Spencer, @sspencer_smb, was recently named one of “The 106 Finance People You Have to Follow on Twitter” by Business Insider. To read the full list, please click here. Nice Job Steve! Well deserved! Written by the SMBU Team
Beating Trading Fear
Hi Bella, I know you are busy but I hope you can give me some quick advice. I read One Good Trade—it was great—and The Playbook—even better. I’ve also done the Foundation and Trader Dev but didn’t become profitable. I was working full time and just didn’t have the time and energy to do the work that profitable trading demands. … Read More
Enhancing Performance With Bias Awareness
******One blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading is David Blair, The Crosshairs Trader. SMBU thought a Sunday Links post from him would be of interest to the SMB Trading Community. Below is his first for you. We hope you enjoy!******* Editor’s note A cognitive bias is ever present … Read More
From Paper Trading to Live: Time to Turn the Lights On
I’ve been mostly daytrading for couple of years with not very impressive results. The last few months I decided only to paper trade and the results are pretty good. The problem is that I’ve done this before (trying to transition from successful paper to real trading) with disappointing outcome. That’s why I’m not that confident that this time it will … Read More
Be in Your Right Trading Culture
Hi Mike, I’ve just read your book, One Good Trade and have to say it’s left me more motivated than ever to continue improving my trading skills. Currently, I trade futures for a newer prop firm in Western US. Trading is what I’ve always wanted to do; I saved money working as a waiter to start trading options in my … Read More
Unleashing the Power of an Options Trading Plan: Beyond Strategy
One common reason that options traders can’t find consistency is because they lack of a trading plan. You may be able to track your performance, but without an options trading plan it will be very difficult to repeat your success and minimize risk. A comprehensive options trading plan outlines how you will trade (your method), how much money you will … Read More
Get a Free Copy of The PlayBook
The PlayBook, written by SMB co-founder Mike Bellafiore and author of the “trading classic” One Good Trade, is free for a limited time for the Kindle here. We hope you enjoy it! The SMBU Team No relevant positions