We hope you learn something as we share trades from our new Futures Desk as a Trade of The Day! Today we’re focused on using Market Profile to frame an awesome contextual view in the ES Futures. Let’s dive in. Context is critical. It allows us to see the circumstances in which intraday trade is developing within! This, again, is critical. We’re going … Read More
TOTD – Try Again!
We’ve gotten great feedback as we share trades from our new Futures Desk as a Trade of The Day! Today we’re back in my realm- that is, using Market Profile! Simple lesson today. Sometimes trades try and work, then fail. BUT…. then they set up again! I like to see my guys stick with their game plans, and refrain from recency bias … Read More
TOTD- Simple S&P Scalp
It’s time for the Futures Desk Trade of The Day! Have you guys noticed one of the key themes of most of the TOTD’s from our desk? For me it’s that the trades are not rocket science, and in fact they are quite simple. The key things I see in the posts so far as I study our own traders … Read More
Drills For Skills
A few weeks ago I was working with a futures trading student that had been a bit beaten up as of late. We chose to take the path of stripping his trading plan down to its core. We chose to go back to basics. That’s not all though. We also came up with a plan to use market replay to … Read More
Here is how you trade bigger
Hi Mike, I am quite consistent stock traders for years. I have a trading matter that needs your professional advice. I have the tendency to go ‘big’ in size when I have the profits in my account or when a particular stock that I familiar with which I had been making consistent money from it. When under this situation sometimes … Read More
Do We Really Need Rules?
At SMBU we believe those with a passion for trading ought to start trading in college. We created the SMB College Training Program run by Iceman from The PlayBook for this very reason. Jake is a passionate college trader trying to create a track record while in school to land a spot on a prop trading desk. He will write a weekly blog about … Read More
This Trader is Ready to Trade Live
Bella, I am a huge fan of One Good Trade. Currently, I am wrapping up The Playbook. My friend and mentor put me onto One Good Trade after I had expressed interest several months ago in trading, and I have fallen in love with the profession. My desire is to become an intraday trader, but I want to go about … Read More
Sign Up for Our Free Trading Webinar: How to Achieve Your Trading Goals for 2014
“You can be better tomorrow than you are today!”– Mike Bellafiore, The PlayBook At SMBU we asked our trading community to share their trading goals for 2014 with us. If you have not shared your trading goals for 2014 with us, please consider sharing them here. I made a list of my goals in a recent post, Seven Goals for This Trader … Read More