In this video, Mike Bellafiore discusses why you shouldn’t judge your trading day by your P&L but rather all the small wins within your routine that lead to your trading success over the long run.
Why Do Short Term Traders Make Predictions?
As short term traders we must make a lot of decisions in a short period of time. Some might think we are making predictions. In this video, Steve Spencer discusses this idea in detail.
How Equity Traders Can Use Options to Improve Their Results
In this video, Andrew Falde discusses how equity traders can use options to help maximize returns when there are limited trading opportunities.
Characteristics of Champions (Traders)
In the video below, Michael Phelps’ coach, Bob Bowman, presents the Characteristics of Champions. As traders we can learn from this talk to help achieve our goals. Coach Bowman breaks down success into three steps: 1) Visualize your goal 2) Develop a plan/routine to achieve your goal 3) Execute on your plan What is your goal as trader? Make it … Read More
Great Options Traders Learn From Each Other
In this video, Seth Freudberg talks about how options traders learn from each other. Communication is one of SMB’s Fundamental Principles–the critical nature of traders sharing information with each other for mutual growth. One of our traders came up with a unique concept to salvage a trade this week and shared that. Another trader on our desk adopted that concept … Read More
The Setups with Edge from Winning Traders
Mike Bellafiore unveils our white board at SMB, with the list of setups with edge from winning traders. Check your trading against this list.
The Best Setup for New Traders: A Changing Fundamentals Trade ($M)
What is the best setup for new traders to trade? A Changing Fundamentals Trade! With a Changing Fundamentals Trade, one day the fundamental strength about the name is substantially different than just the day before. These trade setups tend to move faster than the broad market (both up and down.) They trend intraday. They can trend for 1-3 days for … Read More
An idea that is helping traders
During our monthly trader reviews this week one best practice repeated 3xs as helpful to traders. Get up and take a walk when you are angry. I remember when I first started trading, watching and hearing traders bang and cuss as if at a NY Rangers game. I remember thinking that is so unprofessional. And then I started trading (insert … Read More