Profitable trading is a process. That process starts before the market opens. Great traders expect to make money because they stack high-probability ideas into their game plan. Trade management and adjustments are important too, but the stronger the underlying idea, the easier – and more consistently profitable – the trade will be. This post will walk you through the morning … Read More
How a Real Trader Uses SMB TOOLS
As a subscriber to SMB real time, I found the tools in this package to be an important part of my trading preparation and day. Selecting stocks very in play use to take so much effort, the scanner has cut that time by 75% and eliminates researching the essentials such as volume, ATR, % float short…all that is on the … Read More
SMBU Trade of the Week ($ERJ)
In our SMB Free Daily Video, we discuss our Trade of the Day in $ERJ. Learn to use a significant change in a stock’s fundamentals to enter excellent risk/reward trades. I hope this video gives you some ideas to help your trading. Trade well! Sign up to get our daily video delivered to your inbox. Mike Bellafiore is the Co-Founder of … Read More
SMBU’s Options Tribe Webinar: Paul Forchione, Optionvue Systems, International: Options Strategies for Trading Crude Oil Futures
The crude oil market has captured everyone’s attention because it has declined almost 60% over the last 7 months. Today on the Options Tribe, Option Strategist Paul Forchione of Optionvue Systems International will show how he selects and analyzes crude oil futures options strategies suitable for a variety of directional and volatility outlooks.
Become a Better Trader with SMBU Premium (Starting Thursday)
SMBU Premium begins this Thursday. This is an exclusive 12 webinar learning lecture series presented by SMB designed to help you improve your trading in 2015. Please join SMBU Premium to gain access to this Thursday’s event. It is only for members. The webinar this week is: The PlayBook Checkup with Bella: An Inside Look Into SMB’s Mentoring (Thursday) Watch … Read More
Unlocking Your Full Potential: Overestimating Daily Output, Underestimating Lifetime Achievement
“We Overestimate What We Can Do in a Day and Under Estimate What We Can Do in a Lifetime” – Tony Robbins I commonly hear from traders who come into this business expecting to buy some program, spend a few months back testing, and become a professional trader. It doesn’t happen that way. If we look at a coach potato … Read More
Bad News–It’s Time To Buy
As a short term trader I scan the market each day for stocks that will be “In Play”. These are stocks that have fresh catalysts which can lead either to a lot of people trying to enter or exit positions at the same time. If I can identify the best opportunities and the likelihood of a strong trend then at … Read More
Trading in $APOL (video)
In this video I explain and review my trading in $APOL. 3 trades were losers. 1 was a big loser. 1 was a small winner. That happens. What is most important is that you learn and judge your trades based upon whether they were good ideas or not. Even though I was decidedly negative trading $APOL, it was the right stock … Read More