{"id":8156,"date":"2010-11-04T14:11:04","date_gmt":"2010-11-04T18:11:04","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=8156"},"modified":"2010-11-04T14:11:04","modified_gmt":"2010-11-04T18:11:04","slug":"learning-from-a-reader-who-learned-from-smb-blog","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/learning-from-a-reader-who-learned-from-smb-blog","title":{"rendered":"Learning From a Reader Who Learned From SMB Blog"},"content":{"rendered":"<p>Today I received this email from a trader who learned from SMB Blog. \u00a0Perhaps now we can all learn from him. \u00a0Here are his trades:<\/p>\n<p>Attached is a word document with screenshots of a trade I made this morning. I used 2 of your recent blog entries to find a stock and implement your strategy. Probably one of the best trades I&#8217;ve ever made (strategy wise). When everything is up and there&#8217;s nothing to buy, look for the reversal plays like you blogged this morning. I&#8217;m sure I could have still managed my entries and exits a little better, but overall it was a $476 trade.<\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/blog-reader-charts.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8157\" title=\"blog reader charts\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/blog-reader-charts-261x300.png\" alt=\"\" width=\"261\" height=\"300\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/blog-reader-charts-261x300.png 261w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/blog-reader-charts.png 466w\" sizes=\"auto, (max-width: 261px) 100vw, 261px\" \/><\/a><\/p>\n<p>I took two of your recent blog entries in account on this trade. First rather than <a href=\"http:\/\/www.smbtraining.com\/blog\/entering-higher-may-be-a-better-long-for-size-hig\">load the boat on a break above 31<\/a>, I picked up 200 shares on a pullback to 31 ( I liked that I had the 31 handle acting as support as well), then I took today`s blog entry in account and bought 200 more above 31.12 hoping this reversal will continue with the market trending up.<\/p>\n<p>I added at .28, .38, and .58. I`ve been selling at or near pre-determined targets of .48, .58., .69, .87, and .97. As it broke 32 I had 200 shares and set a stop at .87 where I ultimately got stopped out of the trade. Up $476 on the trade. This is probably one of the best trades I`ve ever made (not the biggest win but good in other ways). Very strategic, and with my initial stop below the 31 handle the most I ever had at risk was 12 cents. Thanks for the blog entries and thank Steve for his Stocktwits videos, I`ve watched most of the archives now.<\/p>\n<p>Mike Bellafiore<\/p>\n<p>Author, <a href=\"http:\/\/www.amazon.com\/One-Good-Trade-Competitive-Proprietary\/dp\/0470529407\/ref=pd_bxgy_b_img_b\">One Good Trade<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today I received this email from a trader who learned from SMB Blog. \u00a0Perhaps now we can all learn from him. \u00a0Here are his trades: Attached is a word document with screenshots of a trade I made this morning. I used 2 of your recent blog entries to find a stock and implement your strategy. Probably one of the best &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/learning-from-a-reader-who-learned-from-smb-blog\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4674,1470,18,1193,653,1354,1349],"class_list":["post-8156","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","tag-one-good-trade","tag-smb-blog","tag-smb-capital","tag-trader-education","tag-trader-training","tag-trading-coach","tag-trading-mentor","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Learning From a Reader Who Learned From SMB Blog | 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\/learning-from-a-reader-who-learned-from-smb-blog\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Learning From a Reader Who Learned From SMB Blog | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Today I received this email from a trader who learned from SMB Blog. \u00a0Perhaps now we can all learn from him. \u00a0Here are his trades: Attached is a word document with screenshots of a trade I made this morning. 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