I have been actively trading for 5 years. I have followed the market for 25 years.. I have tried trading covered calls, medium and high beta stocks (ex — AApl, SBUX ,CELG, TSLA. I have tried intraday trading options -no luck. It seems like every I “perceive” an opportunity I jump — just that I seem to be extremely inconsistent. … Read More
How to become the Derek Jeter of trading
David Leadbetter, legendary golf instructor, wrote a brilliant article for The Players’ Tribune explaining why Derek Jeter and other elite athletes find golf so hard. Mr. Leadbetter writes: It’s a common misconception that athletes can easily transition to the links. The truth is a little more complicated. While athletes have a leg up on some of the mental and … Read More
Steven Spencer Interview with Hamaha.net – Part 1
In our SMBU Daily Video, watch Part 1 of Steven Spencer’s interview with Hamaha.net, a popular Russian trading site. This interview will discuss: How Steve started his trading career The costs associated with trading The buying power a trader typically works with How partners Steve and Mike ended up working together Enjoy the video! *no relevant positions
This 5k loss was my best trade of the month (video)
Hey Mike,Just curious if you have an example of a losing trade you had recently, and if you still considered it a good trade?Thanks.Jonathan A. mikebellafiore This is a great question! When I watch the Financial Media Entertainment Complex talking trading/investing I smh. Who are those people on TV so certain their call in $AAPL is correct? What market is … Read More
I am doing so well. I am scared I am about to lose money. (Video)
@MikeBellafiore Well we have all had these feelings as a trader/investor. I am doing so well…this cannot continue. And we are fearful about what is around the corner. I am trading $TSLA so well, this is going to end badly. I am printing money in my $NFLX swing trades, a large loss is coming. I am trading in and … Read More
SMBU’s Options Tribe Webinar: Frank Fahey, Optionvue Systems, International: Focus on Risk and the Profits will Take Care of Themselves
Today, Frank Fahey returns to the Options Tribe to discuss how he views options trading from the standpoint of risk, in lieu of focusing on reward and losing track of obvious and hidden risks in options positions.
Don’t Chase Your Own Tail in Order Execution (SMBU Daily Video)
In our SMBU Daily Video, learn why you shouldn’t chase your own tail in order execution. In this video from Seth, you will learn: Traders often get confused by bids or offers entered by other retail traders How you can tell the difference between a market maker and a retail trader This video explains how to clear out the noise created … Read More
Trading Lesson: Finding The Best Trading Opportunities
Every morning I create a written game plan with 8-10 stocks that I believe will offer the best risk/reward trading setups. The game plan is divided into two categories: Fresh News/In Play Stocks and Second Day/Technical Plays. As I was creating today’s game plan I began to feel a small level of anxiety as I wondered how to hone in on … Read More