Trading bigger is much easier than trading with edge. I am working with a developing trader, nearing 15 months of live trading. He is starting to trade with edge. I am seeing 3/5 days of trading profitably. I am noticing in his reviews a specificity of setups that he is trading. He is not trading for stocks to finish higher … Read More
Time Diversification Through Weeklies
It’s important to diversify your options trading portfolio in order to control your exposure to any one event. In this video, Seth Freudberg discusses the different types of strategy diversification within a trader’s portfolio of options trades. This video specifically focuses on the current trend of using weekly options chains to spread a trader’s capital out from week to week as opposed to focusing all of a trader’s capital on one particular options expiration.
Understanding Market Turning Points
Short term traders make thousands of trades each year. But not every trade is of equal importance to our bottom line. We develop a trading plan for every trade regardless of how large or small the opportunity, but with experience we begin to identify the trades that offer the greatest upside and the best risk/reward. I have found in my 20+ years … Read More
Fading An Earnings Gap–Darden Restaurants
In this video I discuss my thought process for shorting DRI after they released their earnings report. This follows a video from a few weeks ago in which I shorted RHT. Understanding the catalysts where an earnings gap is likely to fail can help you increase your win %. Add these to your playbook if they make sense to you. Steven Spencer is the … Read More
16 trading lessons live from Traders4ACause
This weekend some trading colleagues and I attended Traders4ACause, a charity event in Las Vegas. The conference is packed with live lessons for traders from traders and raises money for the charities, such as, GiveWell, BCRF, and three square. Here are 16 trading lessons learned live from Las Vegas: 1. BCRF: 50 percent of cancer can be reduced thru lifestyle- … Read More
Five things profitable traders do that losing traders don’t
Ever wonder what is going on the minds of professional consistently profitable traders? An extremely important part of our firm’s success is modeling what top traders have in common. These common characteristics and practices are things that you can learn from and apply to your trading. This Thursday at 4:15 pm (NYC), Mike Bellafiore will be teaching a free online … Read More
SMBU’s Options Tribe Webinar: Len Yates, Optionvue Systems International: The VXX Trading System
This week, Len Yates of Optionvue Systems International will cover Optionvue’s exclusive VXX trading system which has undergone a recent enhancement
Start Your Trading Goals for 2017 Now
Wait a minute… we’ve still got another two and a half months until the end of this year, why are we talking about getting ready for next year? The pro traders on our desk are already preparing their goals for 2017. Proper preparation is a never-ending process that requires you to be thinking ahead. Even the top performing traders know how … Read More