Yesterday, SMB Capital’s Mike Bellafiore appeared on StocktwitsTV to discuss using simulation to become an elite trader. Mike discussed how to turn one trading experience into ten by using various tools and techniques. You can watch the clip below, and feel free to leave your comments on this blog.
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5 Comments on “StocktwitsTV – Live From the SMB Classroom with Bella”
Interesting… but not really practical for the weekend investor. Nevertheless, there are some strategies there that can help even those that don’t have a huge amount of time.
Interesting… but not really practical for the weekend investor. Nevertheless, there are some strategies there that can help even those that don’t have a huge amount of time.
Thanks for another great video Mile, and especially for your thoughtful development of this unique idea into a clear and useful methology. Your work speaks volumes about the quality of the organization you’ve created. I’m making adjustments this evening, to my weekly training schedule to incorporate these concepts.
The only thing I wasn’t clear on is your reference to ‘software that will allow you to develop your own traing program’ (from Dr. Steenbarger). What are these programs? Are they something more extensive than the simulated trading function in a trading platform?
DJ West,
Thxs so much for watching, I really appreciate the kind words.
Dr. Steenbarger blogs and wrote in Enhancing Trader Performance about the importance of simulation software. This is used to test your trading strategies. Please visit TraderFeed where Dr. Steenbarger suggests to spend quality time in simulation before trading a strategy live.
Mike
DJ West,
Thxs so much for watching, I really appreciate the kind words.
Dr. Steenbarger blogs and wrote in Enhancing Trader Performance about the importance of simulation software. This is used to test your trading strategies. Please visit TraderFeed where Dr. Steenbarger suggests to spend quality time in simulation before trading a strategy live.
Mike