People are made for challenges. When we respond to challenges, we become alert. As we move and think to overcome those challenges, we build physical and emotional muscle. We open up our bodies and minds to new possibilities. We learn and grow at an astounding pace, becoming stronger and creating amazing things. In the absence of challenge however, the opposite … Read More
Enhancing Trader Performance with Classics in Technical Analysis
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note “If I have seen a little further it is by standing on the shoulders of Giants.” Sir Isaac Newton We are all … Read More
The Double Reversal Purple Nurple–$SPY
Today’s market action presented some interesting twists and turns. Around 6AM the SPY got hammered about $3. By the time I turned on my platform we had already bounced around $1. I sold about 25% of my positions and got ready to head for the office. My gut told me that it was OK to sell some stock “in the … Read More
SMBU’s Options Tribe Webinar: Andrew Falde: Trend Following Using Options
December 16, 2014 Today, Andrew Falde returns to the Options Tribe to discuss the topic of Trend Following Using Options. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar — the Options Tribe — during which veteran options traders … Read More
Super Trader!
Being successful at trading is really quite simple. Follow a certain set of principles over an extended period of time and eventually you’ll produce great results. Unfortunately learning, and more importantly applying, those concepts can be quite challenging. This is especially true when the process is approached with the wrong psychology. And if you think about it isn’t it … Read More
Lesson 5: Review and Tweak
Continuing the series “7 Lessons I’ve Learned”, we come to Lesson 5: Your Path To True Mastery Will Require Extensive Reviewing and Tweaking. In order to be the best, you need to constantly review your performance and look for improvements that you can make. Typically, these will be a series of small, incremental steps and changes—“tweaks”—rather than sweeping, wholesale changes. … Read More
Market Trades
Steve walks you through his thought process on why and how he makes market trades via ETFs. Identifying good entry points can put you in a position of strength for a an intra-day or swing trade. Enjoy the video! Steve Spencer is currently long SPY, IWM, AAPL, P and short VXX
The Line You Cannot Cross as a Trader
In this SMBU Trading Lesson of the Week video Mike discusses: The Line you Cannot Cross as a Trader. You can sign up for our free daily trading video here! Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The … Read More