I Hate My Job!

October 19th, 2014 Hi Mike, My name is Assaf and I would like to get your advice if it is possible. I’m 42 years old married with three kids, living in Israel and working as a software engineer. Currently I’m managing a group of engineers and making around $120K a year (in Israel this pretty good salary). I can see my career develops with HPSW, and I probably on my way to make 140-150 K in the next 3-5 years. BUT… My real passion is for the Markets (US markets). I came across William O’Neil’s book (how to make money in stocks) a few years ago and started to follow his methodology. I bought breakouts and tried to hold as much Read more [...]

SMB Trading Lessons of the Week

October 19th, 2014 In the video below, Mike Bellafiore is interviewed beforeFriday’s open by Benzinga to discuss his pre-market prep. Bruce Bower discusses how successful traders have dealt with failure. Latest Blog Posts   Higher Volatility = Higher Trading Expectations I love the idea of you experimenting with a giveback rule. It has been awhile since I have written about this. From your example above, stopping yourself out for the day when you dip below $100 is an excellent idea. Also, you are seeing a pattern in your trading. You tend to give back money at just short of $200 for the day...Read More Anatomy of a Rip I have Read more [...]

Top Calling is A Game For Losers

October 19th, 2014 It is extremely difficult to identify a top in an up trending market, however a very useful and profitable exercise for traders is to identify conditions that may lead to a market pull back. So whereas the typical "top caller" invited to opine on CNBC has no idea whether the market is at a top professional traders focused on price action, sentiment, and the markets reaction to news will identify times when the market favors a pull back and profit. Take a look at the following chart. It shows price patterns in the SPY that were very similar prior to the start of a market pull back. The first circled area preceded the pull back Read more [...]

Options Trading for Income with John Locke for October 13, 2014

October 16th, 2014


No relevant positions

Risk disclaimer

Higher Volatility = Higher Trading Expectations

October 16th, 2014 Hey Bella, First of all I want to express how excited I am for this (SMB DNA). I have been trying to trade part time for years and have been on the edge of being good for over a year. I have had some personal issues with my dad's health that has kept me doing the "safe" thing with my career but some recent changes really has me itching to branch out and go all out to see if I have what it takes to be great. I have a few quick questions to make sure I'm getting the most out of this. The first would be that last night after our meeting (SMB DNA) I hammered out all of weeks 1 materials. I was wondering if its best to move on, Read more [...]

John Locke Group Mentoring Open House, today at 5:30 PM EDT

October 16th, 2014 Twice a month since September 2012, SMBU has been holding John Locke's group mentoring classes. October is our Open House for John’s group mentoring sessions to give traders, who are not registered for the course all year, a chance to see why so many options traders find these mentoring sessions critical to their implementation of John’s options strategies. For those of you who are new to SMBU Options, John Locke is an experienced options trader and mentor, who is well known for devising unique and sophisticated options strategies designed for most market situations. Each class starts at 5:30 PM Eastern Time and lasts for one Read more [...]

SMBU’s Options Tribe Webinar, Tuesday, October 14, 2014: Stefen Choy, Livevol: How Pro Options Traders Use Volatility To Select Credit Spreads

October 16th, 2014 For the first time on OptionsTribe.com, Stefen Choy, the COO and co-founder of Livevol,  presented on how professional options traders use implied volatility in relative time frames to select the ideal time to implement credit spreads on index options. Also, Seth Freudberg announced more news for OptionsTribe members,  provided a more in depth overview of our OptionsTribe Trading Contest and mentioned some details on the SMBU trading courses. Enjoy the video! OptionsTribe slide presentation accompanying this video Livevol slide presentation accompanying this video   Click here to join OptionsTribe.com Risk Read more [...]

SMBU’s Options Tribe Webinar, Tuesday, October 21, 2014: Interview with Steven Sears, Barron’s Weekly Options Columnist

October 16th, 2014 This week, Steven Sears, Barron’s  Weekly Options Columnist and noted author  will be interviewed by Seth Freudberg for the first time on the Options Tribe. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar — the Options Tribe — during which veteran options traders and experts in the world of options trading share live presentations. Options Tribe meetings are generally free to the public and are held every Tuesday at 5:00PM ET. If you wish to register to this meeting, Read more [...]
smb newsletter
Options Risk Disclaimer    Forex Risk Disclaimer

1. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB TRAINING also offers web-based, interactive training courses on demand.

2. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

3. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

4. SMB Training and SMB Capital Management, LLC are separate but affiliated companies.

5. No relevant positions

6. Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

Log in | 163 queries. 1.629 seconds.