“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
Managing Losses as an Options Trader
This week, Anne-Marie Baiynd returns to the Options Tribe to discuss how to avoid options trading mistakes. Poor decisions when trading options are often amplified due to the extraordinary leverage that these trading instruments give us. At this webinar, you can learn the top five guidelines for eliminating trading mistakes when trading options and implement them to reduce your risk and increase your performance.
SMBU’s Options Tribe Webinar: Anne-Marie Baiynd, The Tradingbook.com: The Top Five Ways to Eliminate Options Trading Mistakes
Today, Anne-Marie Baiynd returns to the Options Tribe to discuss how to avoid options trading mistakes. Poor decisions when trading options are often amplified due to the extraordinary leverage that these trading instruments give us. At this webinar, you can learn the top five guidelines for eliminating trading mistakes when trading options and implement them to reduce your risk and increase your performance.
SMBU’s Options Tribe Webinar:Seth Freudberg to moderate roundtable of Options Tribe Trading Contest leaders
Today, Seth Freudberg, Director of SMBU’s Options Training Program will be interviewing the traders who are leading the Options Tribe’s trading contest through the end of December—the first month of the competition. Participants will include Tony Sizemore, Jen Zhu, David Freitag and Luis Guerra. This should meeting should be a great kick-off to the new year and we hope to see you there!
Enhancing Trader Performance: The Folly of Predicting
*****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 I kick off the new year here with a few articles on the folly of predicting. Why? Because it is the time … Read More
Business Insider Makes Outlandish Claim
The other day I read a post on the insightful blog “AVC”, which is written by venture capitalist Fred Wilson. The post dealt with Fred’s thoughts on some technology trends for 2015 and beyond. As usual the post was written in clear and measured prose. I took note of his comment that he believed the Apple Watch (iWatch) would not … Read More