How Focusing on Doing the Right Thing Helped This Trader

As a trader our job is to do the right thing.  Below is an example of a developing trader who saw improvement by embracing this mindset. Bella, Since today was the last trading day of the month, I decided to briefly explain my progress during October. I took a lot of notes during this month, and found some bad habits … Read More

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

*****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

The PlayBook Inspires This Canadian Trader

Hi Mike, (I am) a discretionary trader from Montreal, Quebec.   I simply wanted to take a minute and thank you for your help and for providing me with inside resources to step up my game. I have been trading for quite some time now (seven years to be exact) and have enjoyed reading so many books about trading. You can read psychology books; … Read More

The PlayBook Helping London Prop Traders

Recently I was asked by an SMBU Blog reader to share more of the e-mails sent from other traders who are trading different products. The reader was mostly interested in seeing how applicable my books were to these other traders and the different products they trade. When I first wrote One Good Trade I was surprised at its reach. It … Read More

A High Beta Technical Trade ($TSLA)

During our midday trade review, Mike Bellafiore, author of The PlayBook and One Good Trade, discusses The High Beta Technical Trade he made in TSLA. Mike also discussed an example of foreshadowing in GT. Related blog posts: Allure of the Fast Mover High Beta, High Probability You can be better tomorrow than you are today! Mike Bellafiore One Good Trade … Read More

There is Nothing We Respect More Than…

Dear Mr. Bellafiore, Thank you for writing The Playbook! Before I continue my thanks and gratitude, I promised myself that this would not be a ‘Dear Oprah, save me letter.’ But on a serious note, it is hard to hold back my sincere appreciation for your advice and guidance in The Playbook. I am not your typical recruit. Most would … Read More

Friday Midday Review (10/25/13)

During the SMBU Midday Recap on Friday Bella discussed: An Opening Drive Play in $ESRX A Gap and Go trading pattern in $MSFT A Tight Range setup in $AMZN A potential short opportunity in $SPY You can access the video by signing in below: Related blog posts: My Thought Process: $FB I Am Worried About Dark Pools You can be … Read More