Here is a link to my recent Chat with Traders podcast with Aaron Fifield. Aaron gives our follow up chat together the title: The formula for how to become a 7-figure trader. @Maoxian does a solid job providing notes of the podcast here. I love the @DGillies tweet after his listen: That podcast gave me hope. My expectations are now … Read More
SMB Futures TOTD – 5/15/18
It’s time for the Futures Desk Trade of The Day! Here’s a link to yesterday’s trade as well. Today is an interesting one, and it embodies something we hold dear to our hearts. That is, “Not all wins are wins, and not all losses are losses.” In short, the simple outcome does not determine the success or failure of a trade. … Read More
Why trade the market instead of Stocks In Play when volitility spikes?
Hi! I’ve just finished listening to the podcast with Aaron Fifield. It was interesting but one thing wasn’t clear to me. Why did you suggest traders to trade the whole market as volatility picked up instead of individual stocks? The price action on indices during market hours seem to be very hectic, violent in recent weeks. For this reason I … Read More
SMB Futures TOTD – 5/14/18
Yes, the Trade Of The Day, the TOTD – (pronounced “toddy”) We’re going to be bringing you fresh TOTD’s each day that highlight a real trade taken by one of the traders from the new SMB Futures desk. So let’s dive into today’s TOTD. 5min chart: 6E Futures The market and key variables: Our trader was watching Euro/USD currency futures, … Read More
A focus outside of your learning stage as a trader can be harmful
This week @Steenbab and I presented a webinar for an educational trading firm in Spain. Consistency and the Stages of Learning were our topics, with Dr. Steenbarger focusing on mindset. One slide I developed for the webinar stresses an important lesson for traders. Here it is below: Let me share an anecdote of a conversation we recently had with a … Read More