How Is The Market Reacting To Fear?

As professional market participants part of our job is to make decisions when real world events spill over into the markets that we are trading. In this video I offer some thoughts on the trading environment following the terrorist attacks that took place in Paris. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, … Read More

Greed Is Good? How to Handle It

One of the most iconic images people have of Wall Street is the scene from the first Wall Street film where Gordon Gecko delivers his infamous monologue that begins like this, “Greed, for the lack of a better word, is good”. Since greed and its first cousin fear still drive markets, it does serve a purpose in terms of creating … Read More

Addressing the Trader’s Fear of Missing Out

One of the more entertaining things I hear out of forex traders that I talk to is, “I can’t believe I missed that 40-pip move! I left so much money on the table!”. My question is whose table did you leave that money on? What’s even funnier is when traders claim they’re losing money because they’re missing nice moves. This … Read More

Trading with Fear and Anxiety

It’s important to understand the difference between fear and anxiety when we’re trading. Legitimate fear is our friend. Legitimate fear serves a warning to tell us something’s wrong. It’s the signal to be alert , to review our positions and plans. If we find something wrong, we can fix it. If not we let go of it and move on. … Read More

Enhancing Trader Performance: Overcoming the Fear of Success

*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note Believe it or not the fear of success could be keeping you from succeeding. But isn’t success what we want? Why would … Read More

Beating Trading Fear

Hi Bella, I know you are busy but I hope you can give me some quick advice. I read One Good Trade—it was great—and The Playbook—even better. I’ve also done the Foundation and Trader Dev but didn’t become profitable. I was working full time and just didn’t have the time and energy to do the work that profitable trading demands. … Read More

The Best Stocks Need to get Killed First…

Market leaders are the last stocks to bottom.  They have the strongest fundamentals and don’t breakdown until the pressure to get out of the market becomes so great that even they will be sold.  One such market leader is AAPL.  We talked about AAPL in today’s AM Meeting.  I remarked that we should pay close attention to AAPL’s price action … Read More

Fear Establishes Bottoms

One thing that I realized a long time ago was that emotions/psychology are what determine prices of stocks in the short term.  The average stock on the NYSE fluctuates 50% in any given year.  Does anyone really believe that the fundamentals of each company gyrate to the extent necessary to justify that level of volatility? (maybe in this environment but … Read More