In this segment, Marc Principato, CMT, reviews a real EUR/USD day trade that is based on two price patterns and candlestick analysis. He uses price action as confirmation to enter the trade. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
The PlayBook Checkup: $ARO AM Fade Trade (PowerPoint Edition)
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a new trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. See this review in PowerPoint of $ARO AM Fade … Read More
Solving the #1 Trading Frustration (Video On Demand)
In our most recent webinar Steve Spencer, co-founder of SMB, shared some solutions for the #1 Trading Frustration: Adapting to changing market conditions. In this jam-packed, illuminating session we covered: 1) The #1 Big Picture setup for 2013 and whether to make that trade in 2014 2) The most recent change in US equities markets and the setups to trade … Read More
Avoid This Back Testing Pitfall
This video takes a quick look at a strategy that appears to have a smooth performance in a back test but wouldn’t perform the same way in the real world. Rick and I will be filming a live course in February to introduce the tools that we use to find strategies that are working. If you would like to receive … Read More
The PlayBook Checkup: Breakout Trading Strategy for TSLA (PowerPoint Edition)
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a new trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. See this review in power point of $TSLA Breakout … Read More
What is Your Trading Process?
Recently I sat through an excellent presentation about trading psychology. One thing that I learned about the best of the best traders is that their most common trait is something called “process”. Process is just another name for routine. It took me a very long time to realize how important this one concept is for the developing trader. The main … Read More
How to Play Earnings with Options
Trading equities around an earnings report can be exciting, to say the least. To be successful you would need to project what the earnings results might be for a company and then you may need to determine how the markets might react to that earnings report. That is one unknown on top of another, and you basically need to be … Read More
Trading Frustration #2: A Lack of Trading Confidence
The #2 Trading Frustration in the SMBU Trading Community is a lack of trading confidence. If you have lost your trading confidence, then this is how you regain your trading confidence. We’ve all been there! A psychology coach offers some suggestions on how to increase your confidence as a trader. How your confidence helps you as a trader. You can … Read More