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What you can learn from reading One Good Trade says this European trader

 

Marko Gränitz a German trader wrote a book review on One Good Trade by Mike Bellafiore.

Below is Marko's review translated from German to English.

Marko:

The best trading book: One Good Trade

One Good Trade was one of the books that I devoured in no time. A book that absolutely belongs on the shelf.

How to Trade Fitbit (SMBU Daily Video)

In our SMBU Daily Video, we continue the discussion on Fitbit.

In this video from Mike Bellafiore, he discusses:

Why he closed out his short in Fitbit
Where Fitbit could trade from here
The relative strength FIT was showing on Monday's market sell-off
Events that reverse our trading positions
We hope this video helps you improve your trading skills.

- SMBU Team

Trading TLT Using Conditional Orders (SMBU Daily Video)

In our SMBU Daily Video, learn more about conditional orders.

In this video from Andrew Falde, you will learn:

How to set up conditional orders to control your risk when you aren't at your screen
How to plan your trades for different scenarios and automate for each
Learn what qualities to look for in a stock, ETF, or Index that make sense for conditional order placement
We hope t

What it Takes to Go Live at Our Firm

SMB receives approximately 5,000 applications each year to trade for the firm. As you can imagine, it's nearly a full time job to sort through 400+ new applications each month.

Of the thousands that apply each year, the net acquisition of new traders that go live with the firm is less than 50. That's right...

Why It’s a Really Bad Idea to Bump Your Trading Capital Level Too Quickly (SMBU Daily Video)

In our SMBU Daily Video, we dive into trading IPOs.

In this video from Mike Bellafiore, he will discuss:

Important levels that formed in Fitbit since its IPO
Why technical levels are so important
How support can become resistance
We hope this video helps you improve your trading skills.

- SMBU Team

The ONE Thing Options Traders Want More than Anything Else Is…

Options traders like you have been telling us for years what they want to achieve in their trading.

Strangely enough, they don't ask us to show them trades that make bigger profits. Nor do they ask for risk-free trades. The word we hear most from options traders is consistency.

Who wouldn't want to be more consistent, right?

However, we believe consistency is not enough.

Trading Fitbit (SMBU Daily Video)

In our SMBU Daily Video, we dive into trading IPOs.

In this video from Mike Bellafiore, he will discuss:

Important levels that formed in Fitbit since its IPO
Why technical levels are so important
How support can become resistance
We hope this video helps you improve your trading skills.

- SMBU Team Read m

What You Can Do to Stand Out (SMBU Daily Video)

In our SMBU Daily Video, learn what can set you apart from other traders.

In this video, Mike Bellafiore will discuss:

What qualities make a trader stand out
Fitting in with other traders
Why you shouldn't reinvent the wheel
We hope this video helps you improve your trading skills.

- SMBU Team

[Video] SMB’s Top Options Trader Shares His “Favorite” Income Strategy

John Locke returned to the Options Tribe to share his insights on the popular (and successful) Bearish Butterfly strategy.

Seth Freudberg
Director, SMB Options Training Program

The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for mo

How to Add Probability to This Index Mean Reversion Pairs Trade Opportunity

With RUT accelerating to new highs and the SPX lagging -- is there an opportunity for a mean reversion pairs trade?

I believe so.

The probabilities are high for mean reversion.