I am proud of a trader on our desk. He got stopped out in FNSR. In a trade that he should not have made. The trade is too fast for him. (Learn more about trading edge in this video.) He violated his stop loss. He got caught like a deer in headlights as the trade went against him. That is … Read More
SMBU’s Options Tribe Webinar: SMB Options Desk Trader Andrew Falde: The Emotion that Helped Me To Become a Profitable Options Trader
This week, Andrew Falde returns to the Options Tribe to share the decision that he made several years ago that saved his career as an options trader.
It’s never just patience
Often I hear traders decry their lack of patience. If they were only more patient, they would win. From my seat, there is more to add to these thoughts of trading frustration. You might hear commonly on a trading desk, “I JUST need to wait for my levels.” Again the idea is if trader just waits for his levels he … Read More
SMBU’s Options Tribe Webinar: SMB Options Desk Trader John Locke: Mastering Options Income Trading
This week, perennial favorite John Locke returns to the Options Tribe to discuss options income mastery.
Context for Consistency
In this video, Andrew Falde shows you a simple way that professional traders adapt to changing market conditions. The tools that Andrew discusses can help you become a more consistent trader.
Trade Review: Long Gold
In this video I share my thought process on why I opened a GLD long trade. If you are interested in watching and learning about these trades in real time check out a Trader90 trial which includes all of our trading tools. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, … Read More
The Second Day Play $TSN
In this video, Mike Bellafiore, discusses the importance of journaling important levels so you can take advantage of second day plays. Tyson turned into a classic second day trade this morning. * no relevant positions
Why this trader was not hired
In this video, Mike Bellafiore, shares an interview that ended with an aspiring trader not being hired.
This aspiring trader was deficient in an area that may be keeping you from achieving your potential
as a trader.