Preserving Profits When You Can’t Be At Your Screen

smbcapitalFree Daily Trading Video

It can be troublesome when a trade is profitable and close to its target profit, yet a big move, unattended, could severely draw down that profit. Occasionally, an options income trader simply can not be at his or her screen. Seth Freudberg discusses a solution to that. Enjoy the video. * no relevant positions

My trading is “garbage”

BellaGeneral Comments

Hey Mike Couple of things….I’m reading my way through The PlayBook and felt I should send this GIF along…. Don’t know if I should laugh or cry at the garbage I trade.  Again, my background over the years was to make $ trading the crap.  its where I had an edge….. Obviously I no longer want to trade this way, … Read More

Don’t Trade Like the Three Stooges

smbcapitalFree Daily Trading Video

In our SMBU Daily video Seth Freudberg discusses why traders who have too many trades on at the same time can not physically handle the adjustments. In fast moving markets, the trader that has too many trades on at the same time can not physically handle the adjustments on many trades at the same time—certain trades will be forced to wait … Read More

Building A Trading Foundation

smbcapitalFree Daily Trading Video

In our SMBU Daily video Mike Bellafiore answers a question from one of our readers who has decided to pursue trading late in his career. Most traders begin their career at an early age but we have seen many traders enter the world of trading late in their careers and still succeed. Mike discusses why having a foundation is vital to … Read More

Trade Review: Buying SPY & IWM pull backs

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Technical Plays, Trading Lesson

Thursday March 10th was a day many traders had circled on their calendars. Often the greatest short term trading opportunities will occur on days where major economic news is announced. The monthly jobs number, quarterly GDP, FED rate decisions and ECB monetary policy fall into this category. Thursday the ECB was set to announce what steps it was planning to … Read More