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

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

The Easiest Trade During the $BABA IPO

Watch this video below on how to attack the $BABA opportunity by trading $YHOO.  The $YHOO short was the easiest trade during the $BABA IPO session.  Watch Bella explain this excellent risk/reward trade with SMB’s new traders. “You can be better tomorrow than you are today!” Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education … Read More

How Many Trades Do You Find Each Day?

Hi Bella, First of all I would like to thank you for everything that you do for us traders. I’ve just started to read The Playbook and I’m sure it will help me develop as a trader. I’ve one question though, in Playbook you write that we should archive trades in our Playbook that makes most sense to us. Well … Read More

Trading Lesson: 2nd Day Trade—$ADBE

Adobe (ADBE) announced their earnings recently and the stock had a big change in price the following day. The stock had heavy volume, which is something I look for to setup a trade for the next trading session. This is one of the easier trades we teach in our training program and it’s called “2nd Day Plays”. After a stock has some type … Read More

A Fireman’s 2nd Day Trend Trend Trade (FSLR)

We received this e-mail from an SMBU Blog reader.  We hope you enjoy. So I had my first PlayBook trade today (that is, an A+ setup that I had previously seen and  wrote a detailed Playbook entry for and now I actually traded it …) The trade was a Second Day Play with Trend Trend characteristics that breaks out over pre-market … Read More

Turning One Trading Day Into Ten

Hi Mike, Thank you and your team for creating the DNA Program for those of us who want to learn from the best. It is now possible for anyone passionate about learning how to trade to DO IT. No more excuses for lack of opportunity. What I always wanted but could not find has finally arrived. I am very excited … Read More

What Does the Average Day Trader Make?

Q: What does your average day trader earn in percentage terms per year?  @MikeBellafiore SMBU recently sent a survey to the SMB Trading Community asking of their trading frustrations. From this survey we ferreted out the top five trading frustrations. Then we held a Webinar to offer solutions. Here is a link to that Webinar: Solving the Top Five Trading … Read More

The Term “Day Trader” Should Not Exist

I received this note from a pissed short-term trader: You could probably do a blog post on the term “daytrader”…….i.e., how this is negatively perceived by the majority outside of trading…..and even some within trading. Daytraders are portrayed as reckless, void of knowledge, gamblers, and somehow the piranhas of the trading community. Pisses me off. Which why I also do … Read More