Hi Bella, I was in the same position for most of last year and early this year, trying to work out what it is I need to be before I could consider myself as a solid trader. Now I find myself in another mental predicament. Which is when do you start believing that as a trader you have found the … Read More
New Webinar: John Locke Discusses the Rock Strategy
Twice a month since September 2012, SMB has been holding John Locke’s group mentoring classes. For those of you who are new to SMB Options, John Locke is an experienced options trader and mentor who is well known for devising unique and sophisticated options strategies designed for most market situations. On May 2, John discussed static and dynamic trade planning … Read More
A Trader Asks: Why Do You Prefer the Butterfly Strategy?
Hello Seth, Wanted to say thanks for the Webinar presentations provided on the Options Tribe site. It is very interesting to observe the many styles and approaches people are implementing. As I’m getting closer to starting the options program, I’ve been thinking about what style would be suited to my personality the most. I have a little bit of an … Read More
Forex Trading: When Should You Go Against The Trend?
What makes prices in a financial market system fluctuate the way they do is traders entering and exiting the market for an infinite number of reasons. Some may be getting stopped out while others may be adding to a position. We can never know for sure the reasons why they may be acting a particular way at a specific period … Read More
Elevating Your Trading Game: Discover the Power of an Effective Exit Strategy
Traders often struggle with when to sell a winning position. They sell too early and they regret as the stock trades three points higher or they don’t sell and the stock gives back all of the trader’s gains. The poor sale can send them into a distraction of regret, frustration, and even anger. In my next book The PlayBook, I … Read More
Top StockTwits Traders’ Strategy Talk
Mike Bellafiore, co-founder of SMB Capital, and Author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading will be in Los Angeles for the International Traders Expo this week. The expo showcases some of the worlds’ most respected trading experts. Mike is scheduled to speak at the Expo with other StockTwits traders to share and compare their … Read More