In this video Mike Bellafiore discusses a recent trade in $BABA that turned out to be a losing trade but there were many lessons learned from the trade. Enjoy the Video! “You can be better tomorrow than you are today!” Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. … Read More
Trading Weekly Calls $TWTR
In this short video, Steve discusses how he traded weekly call options in $TWTR. Enjoy the video. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, and options. He has traded professionally for 18 years. His email address is: [email protected]. no relevant positions
Why You NEED VWAP For Your Intraday Trading
*****This is a guest blog submission from Jordan Caroleo – @Jordar411***** — Editor’s Note One of the best studies I use during the course of my trading is the VWAP. VWAP = Volume Weighted Average Price. What is this? Basically, the measure of average price throughout the day that is specific to volume. This is crucial for intra-day traders (and longer … Read More
How to Stop Making Bad Fade Trades
One talented developing trader we work with is struggling with making poor fade trades and controlling his risk. I know many in the trading community struggle with poor fade trades and losing too much in lesser trades. The exchange between this trader, his solutions, and my response might be able to help. After a huge rip and then bounce back … Read More
Two Trading Mistakes to Avoid
Hello Mike – I completed reading your book last week and have to say the lessons I’ve learned from it are extremely invaluable to me in my quest to develop into a consistently profitable trader. I have typed up (18) pages of notes from your book that I have been reviewing them regularly in order to pound these concepts into … Read More
The $GPRO Short and Why the Market Doesn’t Care
*****This is a guest blog submission from Jordan Caroleo – @Jordar411***** — Editor’s Note Traders, including myself, were caught in a wash of trades in this breath of volatility pushing longs and shorts alike. One thing that I’ve heard and have seen were traders anxiously waiting to get short $GPRO. I stepped back, looked at the technical side and asked those … Read More
An Uncomfortable Short ($JNS)
Hey Mr. Bellafiore, I hope all is well with you since we last spoke in the middle of the summer. I have two quick questions for you, that I hope you can answer when you have a spare moment. These questions are both based on your personal trading style. 1.) Is there ever a point in the day where you … Read More
How I Traded Two IPOs Today ($CYBR and $CFG)
Watch Bella explain how he traded two excellent IPO opportunities today. You might notice both were not named Alibaba 🙂 “You can be better tomorrow than you are today!” 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 PlayBook. … Read More