Your trading plan for 2018 is vitally important to your improvement as a trader. A great plan can help you fulfill your potential. A poor plan can be self-sabotaging. Here are three pro tips on proper planning for traders: #1 Set two types of goals. While it’s fun to daydream about hitting big Performance goals. It’s the Process goals that will … Read More
Top Blog Posts of 2017
Here are the top blog posts of 2017 from SMB: This retail trader just crossed 100k in trading profits The Failure Rate of a Proprietary Trader Relative Volume (RVOL) Defined and Used STP Vs. ECN The End of Volatility Traders ask: VWAP? Beginner’s Guide to Call Options: How They Work and What Happens after You Buy What I Learned From … Read More
Are there less opportunities in this market into the close for traders?
A reader asked: Hello Mike. I have been involved in trading for a number of years and follow your youtube channel with interest. A quick query when you have some time. Going back a few years, the main ‘focus’ for trading (mainly using the tape) was on the open and the first hour of trading. Then also the last hour … Read More
SNAP Cracked
SNAP was our #1 In Play stock last Wednesday. Tuesday, after the market closed they reported earnings below expectations and gave weak guidance. The stock was battered dropping from 15 to 12 in after hours trading. But then at 6AM Wednesday it was reported that a Chinese internet company had purchased a large stake. So what initially appeared as a relatively … Read More