Thanks for all the resources and knowledge that you share with the public. My 8:00 to 5:00 job makes it tough to find screen time and when I do, I often hesitate on entries. Google finds a long list of trading simulators, but could you offer a suggestion or two? We use LightSpeed’s simulator for equities. We have a proprietary … Read More
SMB Morning Rundown – March 2, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Traders Ask: Why Not Tick Charts?
Please pass on to Mr. Bellafiore that his book is the best one I’ve read on prop trading and on my top 10 of trading books, maybe top 5. 🙂 Not that would mean a hill of beans to him but regardless, it truly was an enlightening book. If he has a few minutes I do have a question to … Read More
What do all successful traders have in common?
In the summer of 2010, I traveled to Manhattan from my home in Philadelphia to meet with Roy Davis of SMB Capital for the purpose of checking out SMB’s intraday equities training program. While I am an income options spread trader myself, my premise was that intraday equities trading and options income trading were not at all mutually exclusive … Read More
SMB Morning Rundown – March 1, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
The Weekend Review
A terrific exercise for traders is The Weekend Review. I received an example from one of our traders and thought it could offer some ideas for readers interested in starting or improving their Weekend Review. Over the weekend I went over my results for February. Lack of discipline in hitting out of my stocks, being stubborn, and breaking my own trading rules … Read More
Steps to Mastery
Some more thoughts on developing skills and mastery.
Bias Shmias!
One of the most frequent confessions I hear from developing traders is that they couldn’t change their bias when the price action warranted such a change. They develop a bias as to which direction a stock will trade and hold on to their viewpoint despite overwhelming evidence to the contrary. I have even heard there are many experienced traders who deal … Read More