In a monthly review, a promising trader found an important area of improvement: build trades around the direction of the real trade. The trader in his monthly review wrote: Before the Open yesterday, our top trader was fielding trade ideas from junior traders on his desk. One junior trader offered an idea that was dismissed by the top trader. He … Read More
Is Selling Options Premium in Low Volatility Times a Bad Strategy?
In this video, we review the myth that trading in low volatility times is unfavorable. Most options traders complain when volatility is low because they are getting paid less well for options risk. But the evidence seems to show that low volatility times are actually more profitable than high volatility times.
5 trading lessons from monthly reviews
At the end of each month, firm traders are encouraged to complete a monthly review of their trading. While reading firm reviews for April, 5 lessons stood out. Let’s discuss them. 1.Don’t turn bad days into worse One developing trader is working on limiting losses on his bad days. The thought is every extra dollar not lost on his bad … Read More
I want my business judged on MY trades!
I have been mentoring a futures trader recently. In a daily review (below), he provided feedback that mentoring encouraging him to focus on his best trades was powerful. I am working with a developing equities trader, who is very profitable when he focuses on his trade. He can tell you what it is. He writes in his reviews that … Read More
From Our Desk to Yours: 5 Key Lessons from Our April Trade Reviews
Register now to attend our next online trading class, Wednesday, May 3, 2017 at 5 PM ET… Managing partner, Mike Bellafiore, will share 5 lessons the firm’s monthly reviews. Each month, firm traders complete a monthly review on how they can improve. The work traders are doing can help inform you on ways you can improve. 〈 REGISTER NOW 〉
The Market Is Loosening Up
In this video I discuss how the character of the market has recently changed and how short term traders can capitalize by trading market ETFs such as SPY and futures contracts. no relevant positions Find out how you can get these ideas each morning and listen to our desk trade live below
4 Lessons Learned From Training Successful Traders
In this video, Mike Bellafiore discusses an article him and Steve Spencer co-authored with Dr. Brett Steenbarger. In the article, they explore insights from SMB’s trading desk.
SMBU’s Options Tribe Webinar: Gareth Ryan: Income opportunities for the summer using SPY options
This week, Gareth Ryan from IUR Capital presents options income strategies that could be used by investors this upcoming summer. He will discuss several key areas of both the equity and options markets including, strike positioning and time horizon with credit spreads. He will also discuss both near-term and longer term strategies with a focus on risk.