In this video, Mike Bellafiore, discusses the importance of journaling important levels so you can take advantage of second day plays. Tyson turned into a classic second day trade this morning. * no relevant positions
FED Day Trading
In this video, Steve discusses how short term traders trade index ETFs on a “FED Day.” Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 19 years. His email address is: [email protected]
2nd Day Trade: One of the easiest trades to learn
A 2nd Day Trade, is a trade we developed that not only has edge, but is easy to learn and trade. We train traders from beginner to consistently profitable and then high performing trader. As a firm we cannot just teach trades with edge to our new and developing traders. Some trades with edge are too hard from them to … Read More
A day in the life of a professional trader
Yesterday our education division, SMBU, held a webinar: A day in the life of a trader. The purpose was to share best practices for traders to turn into habit so they trade better. If traders do all the things necessary to improve, then they can improve. As I give this presentation, I have an internal conversation with myself. I really … Read More
Options Strategies for Day Traders
In our SMBU Daily Video, learn options strategies day traders can use. In this video from Seth Freudberg, you will learn: How equity traders can benefit from options income strategies during less volatile markets The basic concepts of call and put options Example of a put credit spread trade in GOOG We hope this video helps you improve your trading … Read More
Top financial websites to prepare for your trading day
What financial websites do you use to prepare for trading? @MikeBellafiore I asked our newest training classes in Austin and NYC to share what websites they use and why to prepare for each trading session. Then I aggregated their answers, unedited, into this post. This gives you an excellent guide of websites to help you prepare for each trading session. … Read More
We Overestimate What We Can Do in a Day and Under Estimate What We Can Do in a Lifetime
“We Overestimate What We Can Do in a Day and Under Estimate What We Can Do in a Lifetime” – Tony Robbins I commonly hear from traders who come into this business expecting to buy some program, spend a few months back testing, and become a professional trader. It doesn’t happen that way. If we look at a coach potato … Read More
How to Stop Making Bad Fade Trades
One talented developing trader we work with is struggling with making poor fade trades and controlling his risk. I know many in the trading community struggle with poor fade trades and losing too much in lesser trades. The exchange between this trader, his solutions, and my response might be able to help. After a huge rip and then bounce back … Read More