I see too many people beating themselves up for not being perfect traders. That’s really sad because being a great trader and achieving the gains you desire isn’t about trading perfectly. In fact, expecting perfection often delays progress for years. When I talk to the most successful traders I know, they call their trading a culmination of errors that usually … Read More
The Distinction between an Idea and a Trade
I was talking with a new trader in my office with our floor manager trying to get him on track. “How do you think you are doing?” I asked. The new trader said, “I think I am doing a better job of sensing what sectors will move next.” So this is good work but not the whole game as many … Read More
Free Options Webinar: SMBU’s Seth Freudberg: High Probability Options Trading
Your Option for a better trading life……together (SMBU Options Tribe) 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 and experts in the world of options trading share live presentations. Next Wednesday, in … Read More
SMB AM Meeting Recap: $EA and $TWTR
In this short video, Steve discusses a stock from this morning’s AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $EA and $TWTR. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, … Read More
FREE Options Webinar: Anne-Marie Baiynd of Thetradingbook.com: Trading Options Through Earnings Using Chart Formations
Your Option for a better trading life……together (SMBU Options Tribe) 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 and experts in the world of options trading share live presentations. Next week, Anne-Marie … Read More
Options Trading for Income with John Locke for May 5, 2014
No relevant positions Risk disclaimer
Looking To A Higher Time Frame: DDD
Last week I changed my bias in DDD from bearish to bullish. This video clearly explains my reasoning. This video serves as a trading lesson but also as an “after action” report. The second video from our AM Meeting previewed potential price action the day following DDD’s earnings release. The second video is from our AM Meeting where I shared some … Read More
Enhancing Trader Performance: Understanding The Perils Of Overconfidence
*****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 We have all been there. We develop a new edge, test it with a few trades, make money on these trades, believe … Read More