All Good Traders Must Have a Nickname

BellaGeneral Comments1 Comment

Mike Bellafiore, Hello. I want to say thank you for a wonderful book, One Good Trade! In Russia there is nothing like this book. I have not yet started trading, as do the study of the theory and the accumulation of money for shopping schea, but I’m sure that if I follow all the rules you set, it will reduce … Read More

A Profitable Weekly Options Trade in $MSFT

BellaGeneral CommentsLeave a Comment

Almost five years ago two of the better traders ever trained by SMB asked for risk with longer term positions. We loved these guys and had all the confidence in their trading ability. After a period of huge gains the firm had had a particularly bad month and these two traders were not trading their intraday accounts well. Bad timing … Read More

It’s Okay to Get Upset While You Are Trading

BellaGeneral CommentsLeave a Comment

So Dr. Menaker indicates if we can become self aware of our emotions we are much more likely to be able to control our actions/behavior and therefore minimize our mistakes. That made perfect sense but I wondered if a consistently profitable trader goes through the same emotions that the “less than” CPT goes through? Aren’t you and Steve simply much more confident than less successful traders? … Read More

10 Tips For When You First Go Live

BellaGeneral CommentsLeave a Comment

Hey Bella, This is [name deleted]. I was in the summer training program at SMB. I’m going live tomorrow and was wondering if you could give me some basic tips for me to think about. I’ve been following SMB on Real Time, watching the morning meetings, and training every day since the summer on the ThinkorSwim simulation platform. I know how different … Read More

Trade Review: $FTNT, $TKR, and $BA

Jake HuskaGeneral CommentsLeave a Comment

*****Editor’s note: Here’s the latest post by Jake Huska, who is a college student working on his trading game.***** With earnings right near their peak, there have been many opportunities for the intraday trader. Earnings season will start to wind down in the next two weeks, so enjoy the increased volatility in individual stocks while it lasts. In this post … Read More