Today, Dave Stewart presents, for the first time, his signature “Caspian Sea Monster Trade”. It should be a fascinating meeting and you won’t want to miss it! 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 … Read More
Options Trading for Income with John Locke for October 27, 2014
No relevant positions Risk disclaimer
What Does this Trader Do Now?
Hello Bella, I read both those books and started a few more. The myelin concept got me thinking that I should be reading more every day so I don’t fall into the habit of being lazy with reading in general. Then on the flip side part of me thinks I should limit the reading and focus more on reviewing trading … Read More
SMB Trading Lessons of the Week of October 26, 2014
Mike Bellafiore Interviewed on Blog Talk Radio Mike Bellafiore was interviewed on Blog Talk Radio last night. Bella discussed how to transition into trading without quitting your job, how SMB is preparing for the Ebola trade, and how traders must pick direction AND at the right time AND while controlling risk/reward…Read More SMBU Earnings Season: In-House! (Nov 5-7) Every three … Read More
How to Become a Successful Trader
It’s funny when you start talking to people about their beliefs around trading. On one extreme you’ve got those who think they’re going to buy some trading system or advisory service and instantly get rich trading with virtually no experience. And on the other extreme you’ve got those who think that 95% of traders lose money and of those that … Read More
Choking and Trading
The most painful sports phenomenon to watch is choking. I can get almost nauseous when I see a skilled, highly practiced athlete fall apart in the last minute. Imagine- he’s been ahead the whole way and yet manages to snatch defeat from the jaws of victory. We know that the stress in these situations is huge but no one wants to … Read More
Mike Bellafiore Interviewed on Blog Talk Radio
Mike Bellafiore was interviewed on Blog Talk Radio last night by @solutionsology_. Bella discussed: 1) How to transition into trading without quitting your job 2) How SMB is preparing for the Ebola trade and then will trade what they see 3) How traders must pick direction AND at the right time AND while controlling risk/reward Check Out Business Podcasts at … Read More
How I Traded $YELP (Video)
There are three things you need for every trade. Below we discuss a short trade in $YELP. More importantly we discuss how intraday traders must not just be right with direction, but also with time (or seeing the catalyst for the trade) AND while controlling your risk/reward. If you are just right about direction your results will be inconsistent, you … Read More