Marko Gränitz a German trader wrote a book review on One Good Trade by Mike Bellafiore. Below is Marko’s review translated from German to English. Marko: The best trading book: One Good Trade One Good Trade was one of the books that I devoured in no time. A book that absolutely belongs on the shelf. And if you ask … Read More
How to Trade Fitbit (SMBU Daily Video)
In our SMBU Daily Video, we continue the discussion on Fitbit.
In this video from Mike Bellafiore, he discusses:
Why he closed out his short in Fitbit
Where Fitbit could trade from here
The relative strength FIT was showing on Monday’s market sell-off
Events that reverse our trading positions
We hope this video helps you improve your trading skills.
– SMBU Team
Trading TLT Using Conditional Orders: Insights from SMBU’s Daily Video
In our SMBU Daily Video, learn more about conditional orders.
In this video from Andrew Falde, you will learn:
How to set up conditional orders to control your risk when you aren’t at your screen
How to plan your trades for different scenarios and automate for each
Learn what qualities to look for in a stock, ETF, or Index that make sense for conditional order placement
We hope this video improves your trading.
SMBU Team
What it Takes to Go Live at Our Firm
SMB receives approximately 5,000 applications each year to trade for the firm. As you can imagine, it’s nearly a full time job to sort through 400+ new applications each month. Of the thousands that apply each year, the net acquisition of new traders that go live with the firm is less than 50. That’s right… Less than 1% of applicants … Read More
Decoding the Secrets: What Do Options Traders Know That Others Don’t?
Options traders like you have been telling us for years what they want to achieve in their trading. Strangely enough, they don’t ask us to show them trades that make bigger profits. Nor do they ask for risk-free trades. The word we hear most from options traders is consistency. Who wouldn’t want to be more consistent, right? However, we believe … Read More
What You Can Do to Stand Out (SMBU Daily Video)
In our SMBU Daily Video, learn what can set you apart from other traders.
In this video, Mike Bellafiore will discuss:
What qualities make a trader stand out
Fitting in with other traders
Why you shouldn’t reinvent the wheel
We hope this video helps you improve your trading skills.
– SMBU Team
SMBU’s Options Tribe Webinar: Seth Freudberg to present a weird version of the Weirdor
Today, Seth Freudberg will be presenting a modified version of the iron condor trade known as “the weirdor”. This will be the first time that this particular version of the Weirdor has been presented on the Options Tribe
Enhancing Probability: A Guide to Index Mean Reversion Pairs Trade
With RUT accelerating to new highs and the SPX lagging — is there an opportunity for a mean reversion pairs trade? I believe so. The probabilities are high for mean reversion. But, the danger of a mean reversion trade is the possibility of being too early. That is where options can give us additional edges. With options we can “lean” one way … Read More