Jimmer Fredette was a star college basketball player, a Naismith College Player of the Year. A couple of years ago I wrote a blog post about a contract he signed with his brother to play in the NBA. I__________________ will make all necessary and proper sacrifices to reach my ultimate goal of making it to the NBA. ________________ ______________________ Name (Signature) … Read More
Ask Yourself This Question to Trade in the Zone
In a recent blog post on the ancient philosophers at Barking Up the Wrong Tree an interesting idea for our trading was presented. Really thinking about just how awful things can be often has the ironic effect of making you realize they’re not that bad. From my interview with Oliver Burkeman, author of The Antidote: Happiness for People Who Can’t Stand Positive … Read More
Enhancing Trader Performance: Deliberate Trading
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note The principles espoused in the concept known as deliberate practice can greatly benefit the trader who wants to take his or her … Read More
Trading Frustration #3: A Lack of Consistency
The #3 Trading Frustration of the SMBU Community is a lack of consistency with their trading. In this video below Steve Spencer and I offer some solutions to improve your trading consistency. The search for consistency is a differentiator between pro and developing trader. Learning to develop a detailed trading plan for all of your trades will help. In this … Read More
One Trick Pony: The Sequel
Hello Mike, I hope you are feeling great. I sure am. I’m not sure if you remember, but you did a post on me called “Getting Back in Trading Shape”. I have started trading cash equities along with commodity futures, and I’ve reduced my position size to 25% of what I was trading in futures, i.e. trading relative to a/c … Read More
From Here You Can Become a Really Good Trader
During our recent webinar Solving Your Top Five Trading Frustrations I was asked: What should a new trader expect from their P&L? The video below is instructive in answering this question. It was shared by an SMBU Trading Community member. A Chinese bamboo tree takes five years to start growing—and then in five weeks it can grow 90 feet high. This … Read More
Gap and Go Trade: $NBIX (PowerPoint Edition)
Below is our 6th installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these educational sessions a trade archived by a new trader from our desk will be reviewed by Bella… usually. For this learning event we did something different! A trader from the SMBU Trading Community, but not our desk, presented a … Read More
Solving Your Top Five Trading Frustrations (PowerPoint Edition)
SMBU offered solutions in this webinar below (PowerPoint edition) for the Top Five Trading Frustrations of the SMBU Trading Community. The Top Five trading frustrations are: #5 Selling Too Early #4 Being Stopped Out and Then Being Right #3 Lack of Consistency #2 Lack of Confidence #1 How to Adapt to Changing Market Conditions You can be better tomorrow than … Read More