{"id":51639,"date":"2022-10-18T11:08:03","date_gmt":"2022-10-18T15:08:03","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=51639"},"modified":"2022-10-18T11:08:03","modified_gmt":"2022-10-18T15:08:03","slug":"a-saturday-trading-strategy","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/a-saturday-trading-strategy","title":{"rendered":"A Saturday Trading Strategy"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-51640\" src=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-1024x768.jpg\" alt=\"\" width=\"846\" height=\"635\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-1024x768.jpg 1024w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-300x225.jpg 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-768x576.jpg 768w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-1536x1152.jpg 1536w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-610x458.jpg 610w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-100x75.jpg 100w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-846x635.jpg 846w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office-1184x888.jpg 1184w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/10\/Luke-Lego-office.jpg 2048w\" sizes=\"auto, (max-width: 846px) 100vw, 846px\" \/><\/p>\n<p>I came into the office Saturday to get some work done.\u00a0 Just prior my son finished a baseball doubleheader in Queens. We drove back home, dropped his bags at our apartment, changed, and headed to the office.\u00a0 His mom and sister were at our beach house so it was just the boys.<\/p>\n<p>To keep Luke occupied, while I worked, we visited the Lego Store Fifth Avenue right across the street from our office.\u00a0 Perhaps better said, I bribed him to come with me to the office for a visit to and purchase at the Lego Store.\u00a0 Luke bought two Lego boxes to build and we crossed the street to settle in our office.\u00a0 As you can see from the picture above, Luke took over one of our conference rooms and went to work building.\u00a0 And I took my seat at my trading station, and banged out some work I needed to finish.<\/p>\n<p>During a break, he came out of the office and walked the trading floor to find me.\u00a0 He was thirsty and asked for a drink.\u00a0 So we headed to the kitchen to grab something.\u00a0 On the way there, I introduced him to a trader who was in the office working on his trading game.<\/p>\n<p>This trader was involved in his Saturday trading strategy.\u00a0 He was reviewing charts.\u00a0 He was looking over his trading stats.\u00a0 He was making notes in his trading journal.\u00a0 He was building a few trading PlayBooks on easy money trades from the prior week.\u00a0 He was reviewing some PlayBooks from the past week.\u00a0 He was game planning for the week ahead.\u00a0 He probably was also watching trading tape.\u00a0 Also, he probably was communicating with some traders on his team about potential setups from the next week.<\/p>\n<p>As we walked to the kitchen Luke asked, &#8220;Why is that trader in office on Saturday?&#8221;<\/p>\n<p>I responded, &#8220;He is working on his trading game.\u00a0 He is practicing to get better.&#8221;<\/p>\n<p>Luke then replied, &#8220;Oh&#8230; like we practice together before a game?&#8221;<\/p>\n<p>&#8220;Yes,&#8221; I said.<\/p>\n<p>&#8220;Oh&#8230;he is gonna be pretty good then, isn&#8217;t he?&#8221; Luke asked.<\/p>\n<p>&#8220;I hope so.\u00a0 But he doing everything he can to be good,&#8221; I answered.<\/p>\n<p>&#8220;Well Dad make sure you tell him he is doing a great job of practicing,&#8221; Luke suggested.<\/p>\n<p>&#8220;I will.\u00a0 Good idea,&#8221; I returned.<\/p>\n<p>And then he grabbed his lime sparkling water and headed back to the conference room to finish his next Lego.<\/p>\n<p>So I ask: what is your Saturday trading strategy?\u00a0 What are you doing, when most aren&#8217;t working, so you succeed?<\/p>\n<p>Oh, and Luke&#8217;s team swept the doubleheader.<\/p>\n<p>From all of us at SMB, train and trade well!<\/p>\n<p><strong><a href=\"https:\/\/www.smbtraining.com\/blog\/smb-disclosures?inf_contact_key=86e68ad95cfd2835f919c6dd5a8f153af651f238aa2edbb9c8b7cff03e0b16a0\">Important disclosures<\/a><\/strong><\/p>\n<p>Mike Bellafiore is the Co-Founder of SMB Capital, a proprietary trading desk, and SMB Training, which provides\u00a0<a href=\"https:\/\/broadcast.smbtraining.com\/smbwebinar1\/?utm_source=Blog-Bella\">trading education<\/a>\u00a0in stocks, options, and futures. Bella is the author of<em>\u00a0One Good Trade<\/em>\u00a0and\u00a0<em>The PlayBook<\/em>. He welcomes your trading questions at\u00a0mbellafiore@smbcap.com.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I came into the office Saturday to get some work done.\u00a0 Just prior my son finished a baseball doubleheader in Queens. We drove back home, dropped his bags at our apartment, changed, and headed to the office.\u00a0 His mom and sister were at our beach house so it was just the boys. To keep Luke occupied, while I worked, we &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/a-saturday-trading-strategy\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":51640,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5463],"tags":[30,1618,1053,1709],"class_list":["post-51639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bella-daily-update","tag-prop-trading","tag-trade-review","tag-trading-stats","tag-trading-strategy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Saturday Trading Strategy | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/a-saturday-trading-strategy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Saturday Trading Strategy | SMB Training\" \/>\n<meta property=\"og:description\" content=\"I came into the office Saturday to get some work done.\u00a0 Just prior my son finished a baseball doubleheader in Queens. We drove back home, dropped his bags at our apartment, changed, and headed to the office.\u00a0 His mom and sister were at our beach house so it was just the boys. To keep Luke occupied, while I worked, we ... 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