SMB Training Blog Navigation
  • Home
  • Education
    • Free Daily Video
    • The DNA of Successful Trading
    • The Winning Trader
    • Reading the Tape
    • SMB Scalp Radar
    • Fast Track Program
    • SMB Options Programs
  • SMB Inside Access
  • Support/FAQ
  • Testimonials
  • Resources
  • Search
  • Home
  • Education
    • Free Daily Video
    • The DNA of Successful Trading
    • The Winning Trader
    • Reading the Tape
    • SMB Scalp Radar
    • Fast Track Program
    • SMB Options Programs
  • SMB Inside Access
  • Support/FAQ
  • Testimonials
  • Resources
  • Search

Tag Archive

Home Posts trading eduction

What Does “Losers Average Losers” Mean?

sspencer05/23/2015Steven Spencer (Steve's) Blogs, Trading LessonLeave a Comment

Many years ago Paul Tudor Jones was photographed in front of a photo that read “Losers Average Losers”. What the heck does that mean and why is it so important? As traders our #1 job is managing risk. If you add to losing positions it may become extremely difficult to manage your risk. For example, If you put on a position … Read More

Blog Search

SMB Mentors

Mike Bellafiore
Co-Founder, Managing Partner
Steve Spencer
Co-Founder, Head Trader
Seth Freudberg
Options Desk Manager
Jeff HoldenJeff Holden
Head of Recruiting
Justin SperoJustin Spero
SMB Trader
Garrett DrinonGarrett Drinon
SMB Trader
Ryan hassonRyan Hasson
SMB Trader
  • Important Disclosures