The S&P has recently come off all time highs. What bullish and/or bearish scenarios are possible this week? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
How Do You Add To Your Trade?
Our trainee Petr shares a trade he took in GBP/USD. Great example of how to add to a position. Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Trading: It’s About Context
Before I get into the topic of context in trading, I want to make sure you know about the great resources available to you. You can learn a great deal about our methodology and concepts from the educational videos that I produce on my Youtube channel. As I coach less experienced traders through our methodology, a big part of my … Read More
What Is Your Perspective on the Market?
— Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Get a Free Copy of The PlayBook
The PlayBook, written by SMB co-founder Mike Bellafiore and author of the “trading classic” One Good Trade, is free for a limited time for the Kindle here. We hope you enjoy it! The SMBU Team No relevant positions
PlayBook Exercise: RHT
Jake Huska is a college student working on his trading game. At SMB we believe traders should start working on their trading game early, just like pro athletes. Jake’s posts reflect a better journey for the college student with a passion for trading. Here’s an earlier post by Jake, “Do We Really Need Rules?”. Related blog posts: First Team Wall … Read More
From The PlayBook: Building Intuition
Learning how to build your intuition is a key element of successful trading. Here’s a discussion on this from Chapter 4 (“How Good Can You Be?”): Arggh is the topic of trading intuition misunderstood. Newbs think they are born with a “feel” for the markets and trade accordingly. Yeah, so it doesn’t work like that. Intuition is your trading brain telling you … Read More
S&P New Trend or New Range?
The markets are coming out of holiday mode. What are important levels for the upcoming week? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions