Hi Mike, My name is Assaf and I would like to get your advice if it is possible. I’m 42 years old married with three kids, living in Israel and working as a software engineer. Currently I’m managing a group of engineers and making around $120K a year (in Israel this pretty good salary). I can see my career develops … Read More
SMB Trading Lessons of the Week – October 19, 2014
In the video below, Mike Bellafiore is interviewed beforeFriday’s open by Benzinga to discuss his pre-market prep. Latest Blog Posts Higher Volatility = Higher Trading Expectations I love the idea of you experimenting with a giveback rule. It has been awhile since I have written about this. From your example above, stopping yourself out for the day when you dip … Read More
Top Calling is A Game For Losers
It is extremely difficult to identify a top in an up-trending market, however, a very useful and profitable exercise for traders is to identify conditions that may lead to a market pull back. So whereas the typical “top caller” invited to opine on CNBC has no idea whether the market is at a top professional traders focused on price action, … Read More
Options Trading for Income with John Locke for October 13, 2014
No relevant positions Risk disclaimer
Higher Volatility = Higher Trading Expectations
Hey Bella, First of all I want to express how excited I am for this (SMB DNA). I have been trying to trade part time for years and have been on the edge of being good for over a year. I have had some personal issues with my dad’s health that has kept me doing the “safe” thing with my … Read More
John Locke Group Mentoring Open House, today at 5:30 PM EDT
Twice a month since September 2012, SMBU has been holding John Locke’s group mentoring classes. October is our Open House for John’s group mentoring sessions to give traders, who are not registered for the course all year, a chance to see why so many options traders find these mentoring sessions critical to their implementation of John’s options strategies. For those … Read More
An Interview with Mike Bellafiore: His Favorite Trade, Trading Volatility, and Key Market Levels
In the video below, Mike Bellafiore is interviewed before Friday’s open by Benzinga- #PreMarket Prep Show. Mike discusses: 1) Market levels that may signal the end of the market’s uptrend 2) His favorite trade: The Trend Trend Changing Fundamentals Trade 3) What and how to trade when the volatility rises *no relevant positions
SMB Trading Lessons of the Week of October 11, 2014
Mike Bellafiore and Steve Spencer discuss 5 common problems with the SMB Community. Latest Blog Posts Solving 5 Common Trading Problems (SMB Webinar Replay) Steve and Bella presented solutions to 5 common trading problems that many traders face on a daily basis.These problems were chosen from a survey completed by those in the SMB trading community…Read More Enhancing Trader … Read More