I received this email from a new trader disappointed. I chuckled when I read it. Man have I felt like this trader like every year of my career 🙂 I really got my a$$ handed to me the last two days. I think they are my two worst trading days in terms of net PnL. I basically gave back all … Read More
Free Options Webinar: SMB’s Options Tribe: Tuesday, January 17, 2012 at 5pm EST: Butterfly trading with deep ITM calls to control deltas
Tuesday January 17, 2011 at 5:00 pm Eastern Standard Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of … Read More
What Do You See?
As traders it is our job to trade what we see. But as humans we may have difficulty being objective evaluating the amount of opportunity the market is offering intra-day. Perhaps you read headlines talking about how “quiet” the market is or that the level of volatility is so low it is too difficult to make money. That information may … Read More
Free Options Webinar: SMB’s Options Tribe: Today at 5pm EST: An improved version of the Bearish Butterfly Trade
Today at 5:00 pm Eastern Standard Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of options trading. This … Read More
Is it time to quit trading? Part II
Over the weekend we started a discussion on Twitter and the SMB Blog about whether it was time to quit trading for an experienced trader who had emailed me. He had had some past success. Then underperformed for a few years. Had recently started a family offering another important variable. We offered some thoughts via a blog: Is it time … Read More
Trading is not that important
I received this email from an old friend and SMB reader. Â It puts every losing trade, underperforming month, and “bad day” in perspective. Suddenly all my trading worries have vanished. It doesnt matter how much money I am up or down or how I’m going to find my next One Good Trade. Funny how having a doctor telling you that … Read More
How do you make money as a part-time trader?
Hello Bella I just finished reading ONE GOOD TRADE, and I loved it. I am different from the traders you talk about. I am retired and living off my pension, social security and making up the shortfall by trading in my IRA. Cramer didn’t work very well for me, neither did IBD nor, recently, Gil Morales. I hope it’s just … Read More
Is it time to quit trading?
Hey Bella, I’m a longtime reader of the SMB blogs. Trading from a home office, I miss out on all of the trading floor banter that I had when I was starting out. It is good to “connect” with other traders, even if it is only virtual. I read your book One Good Trade, while I was on Christmas vacation … Read More