The Second Day Play $TSN

smbcapitalFree Daily Trading Video

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

smbcapitalFree Daily Trading Video

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].

A day in the life of a professional trader

BellaGeneral Comments

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

smbcapitalFree Daily Trading VideoLeave a Comment

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

Boost Your Trading Day: Top Financial Websites

BellaGeneral CommentsLeave a Comment

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

Unlocking Your Full Potential: Overestimating Daily Output, Underestimating Lifetime Achievement

John LockeJohn Locke, Trading Psychology, Trading Theory1 Comment

“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

smbcapitalTrader Development3 Comments

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

How I Traded Two IPOs Today ($CYBR and $CFG)

smbcapitalGeneral Comments2 Comments

Watch Bella explain how he traded two excellent IPO opportunities today.  You might notice both were not named Alibaba 🙂 “You can be better tomorrow than you are today!” Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook. … Read More