SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault. The formation above is that of a falling broadening wedge- this is a bullish formation. The current measured range is 66 points. We sit above the moving averages and momentum suggests at this time that pullbacks should be bought and … Read More
My Preconceived Assumptions About Trading Success Were All False
In our SMBU Daily Video, Mike Bellafiore shares an exercise he held with his new traders today on the desk. Mike asked traders what preconceived assumptions they had about trading success that were false. This video and firm discussion was derived from a Peter Brandt quote from a presentation at Traders4ACause in Las Vegas this weekend. We hope the answers help … Read More
Trading That Crazy SRPT
The most In Play stock this morning was SRPT. It is one of the crazier liquid biotech names from a price action standpoint to ever to grace our markets. Because of the strength of the news catalyst and the size of the reaction this morning it was at the top of our AM Game Plan. I decided for fun to poll … Read More
Inside The Trading Vault – Trade Review -DLTR-
SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault. In my last post, I mentioned the Power of Mechanical Process – Today, we’ll discuss the Power of Trade Reliability by this trade review One of the byproducts of strong mechanical process is Trade Reliability. When a chart builds a … Read More
Inside The Trading Vault – The Power of Mechanical Process
If you value consistency, and find it lacking in your trading, The Trading Vault is certainly something you should investigate. SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault. Many traders learn the concepts of trading with a bit of a salad bar approach – a … Read More
Job Opening- Director of Sales and Business Development
SMBU, an industry leading trading education company, is seeking a Director of Sales and Business Development to build an effective sales team, increase revenues, and enhance company growth. The position is located in our midtown Manhattan office, but our market is global, with approximately 60% of sales from the U.S and 40% from international sales. As our Director of Sales … Read More
6 Facts about the Yahoo Spin-off
In our SMBU Daily Video, Mike Bellafiore, shares 6 facts about the Yahoo spin-off. Mike answers a question from a reader at his The Trading Coach Blog. There is an Ask Anything section you can visit to submit a trading question to Mike. In this video learn: 6 facts about the Yahoo spin off the tax consequences for this spin-off what … Read More
30 trading habits in 30 days – Journal
When I interview an experienced trader for our firm a central question is: what is your review process? I was at lunch yesterday with a firm trader, who wanted to chat about his recent underperformance. Over an apple salad covered with blackened chicken, the trader discussed his waning confidence. I asked, “What is something you used to do in the … Read More