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

Should You Develop Process AND Performance Goals for 2014?

Hello Mike, I hope you have had a happy holiday and great end of the year since last time I saw you in Phoenix earlier this year. I have been working on creating 2014 goals for my portfolio but I ran into a problem that maybe you can advise on. The main goals consist of having certain % returns or … Read More

Breaking Through as a Trader

Hi Mike, Firstly, I just want to say thank you for your Webinar yesterday for the Big Mike Forum.   I’m sure you’re ridiculously busy, but if you have a moment to answer one question, I would greatly appreciate it. You mentioned an SMB trader that needed to take a break in the summer and was able to turn things … Read More

Trading Quote of the Day – November 13, 2013

The Trading Quote of the Day has to be from this pro trader who sent me an e-mail about a point I made during a Webinar we did last night with BigMikeTrading. He wrote: We’re just a flea on (the) back of (an) elephant going for the ride. You can see the entire e-mail and its context below. Hey Mike, … Read More

How Do We Improve This Trader’s Performance?

Hello Mike, I had a quick question for you: I’m currently experiencing a small draw down and was trying to formulate a plan on what are the steps I need to take going forward so that I can get back to being profitable. I came up with some questions I should ask myself and some actions I must take to … Read More

10 Steps Ahead of the Market

Hi Mike, How’s it going? Hope your family and trading have been well. I am improving as a trader. These days I am net positive month on month. However, I’m still not elevating my performance to the level I want it to be. It’s frustrating because I know I’m capable of so much more. I want to get my brain … Read More