The decisions you make about your trading business matter. To this point, I received the note below from a 7-figure trader on our desk. He was a 7-figure trader by his second year of trading. Not easy to do. Not often you see that. This is a very talented trader and person. Even for him his decisions about his trading … Read More
The 5 Deadliest Mistakes Options Traders Make
Are you making one or more of the 5 deadliest mistakes that options traders make, without knowing it? Any one of these mistakes can end up blowing your whole trading account, so this is a video you’ll want to watch very closely if you trade options.
Millionaire Wall Street Trader Speeds in Dark Knight tunnel (Show Notes)
@TheOneLanceB zooms while interviewed by @Bthestory87 in the video: Millionaire Wall Street Trader Speeds in Dark Knight Tunnel. @TheOneLanceB focuses on the connection between sleep and trading performance to help you potentially grow your trading account. One viewer of the video commented: Thank you for these interviews! Lance drops so many gems, he is someone I look up to in … Read More
What Contributes to Being a Consistent Trader? (Show Notes)
@TheOneLanceB joins @FuturesTrader71 and Anthony Crudele, Host of Futures Radio Show, for a deep discussion on a topic important to many new and developing traders and even experienced traders: What Contributes to Being a Consistent Trader? Below are the Show Notes from this discussion, compiled by SMB for the trading community. Here is what one viewer said about this video: … Read More
The #1 trading goal for a top prop trader (Consistency!)
One of our top traders, perhaps our best, sent us his yearly goals. I highly await this trader’s goals each year as he often recognizes the most important goal for the upcoming year. We will reveal the #1 goal for a top trader at SMB in 2023 in this post. Choosing the wrong goal for 2023 can cause underperformance. … Read More
Role models are essential
Over the break my family and a friend and his two daughters visited Princeton to catch a women’s basketball game…as a special gift to my daughter. I had never been to the campus. My wife hadn’t been in years since playing a college away game there. The visit was a reward my daughter earned performing exceptionally well during her Christmas … Read More
Learning from the rip in Tesla
This week we wrote about how we were hawking a Tesla Bounce Trade. See Four keys for a Tesla Bounce Trade. Friday we took that trade. And we took a rip. See Taking a Rip in Tesla. This weekend we challenged our traders to consider why the trade failed. See Why did we take a rip in Tesla? Look the rip … Read More
Why did we take a rip in Tesla?
Three days ago, I wrote that we were hawking a Tesla Bounce Trade. See Four keys for a Tesla Bounce Trade. Friday we took that trade. And we took a rip. See Taking a Rip in Tesla. Perhaps after review, we will conclude that the Tesla Bounce Trade was worth taking. But there is an important element of that review, … Read More