When was the last time you got a paper cut? Do you remember? I’d bet you struggle to come up with the time and place. Exactly, you forgot. Keep your losses like paper cuts so you can forget about them and continue working. Paper cut losses are simple, effective and essential. Novice intraday traders need to understand the importance of taking paper cut … Read More
Traders Ask: How do you find levels “you love”?
Hi Mr. Bellafiore, I read your book and have been a daily reader of the blog ever since. I especially appreciate your and Adam Grimes’s posts. I trade the e-mini (ES) but would like to trade more stocks if I can figure it out. The recent post on execution was pointed. I suspect the difference in the trader who was shaken … Read More
The Good Trading Stress
When “professional stress” is your problem you are leaving the ranks of amateurs. Are you a stressed out day trader? I am and I couldn’t be happier. I have worked long hours to get to this point. I have spent literally tens of thousands of hours at the screen to attain this stress. Sounds crazy? I don’t think so. A … Read More
Book update
An update from Adam, who has been MIA for a month… what has he been doing?
SMB Options Trade of the Week: Bearish Butterfly
Watch Seth Freudberg in this video discuss SMB’s Option Trade of the Week. Seth Freudberg, Director of SMB’s Option Training Program, discusses a “Bearish Butterfly” designed to profit regardless of whether or not the market is selling off. Seth will show the flexibility this bearish butterfly. The trade can work out if the market sells off or if market runs … Read More
Recap: SMB Gameplan
In this video Steve Spencer recaps the stocks discussed in yesterday morning’s Stocks In Play call. These stocks included SVU, FSLR, CHKP, ZIP, FSLR, MGM, and LMT.
SMB Morning Rundown – April 15, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Give Yourself Time
Got back from a run. Yeah, this Georgia Tech campus is very nice. Had a mocha frappachino from Starbucks (I do not even know what that is and I unordered the size three times) to help with my 4am wake up call. Walked the room for my presentation. I like to get a feel for the room and see myself … Read More