How To Identify A Long Term Bottom–Twitter

August 26th, 2016 In this video I discuss the process by which Twitter formed a long term bottom in 2016. This lesson has broad applicability for traders/investors attempting to catch larger moves (30%+) in the stock market. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 20 years. His email address is: [email protected] Steven Spencer is currently long TWTR Read more [...]

This is Trading

August 25th, 2016 In this video, Mike Bellafiore, breaks down the essence of trading with an in depth look into Lowe's. Read more [...]

Characteristics of Champions (Traders)

August 25th, 2016 In the video below, Michael Phelps' coach, Bob Bowman, presents the Characteristics of Champions. As traders we can learn from this talk to help achieve our goals. Coach Bowman breaks down success into three steps: 1) Visualize your goal 2) Develop a plan/routine to achieve your goal 3) Execute on your plan What is your goal as trader? Make it specific. For the developing trader, you might visualize becoming a Consistently Profitable Trader. Next develop a plan to achieve your goal. We say, develop a routine. What are the things you will do each day to drive your improvement? Last week we sequestered our newest traders Read more [...]

When I heard the learn’d trader

August 24th, 2016     When I heard the learn’d trader, When the proofs, the figures, were ranged in columns before me, When I was shown the charts and diagrams, to buy, sell, and short them, When I sitting heard the trader where he lectured with much applause in the lecture-room, How soon unaccountable I became tired and sick, Till rising and gliding out I wander’d off by myself, Sat down at my trading station, and from time to time, Look’d up in perfect silence at the markets. *adapted from When I Heard the Learn'd Astronomer, Walt Whitman **no relevant positions Read more [...]

SMBU’s Options Tribe Webinar: Paul Forchione of Optionvue Systems, International: The Strangle Swap Options Strategy

August 24th, 2016 Option Strategist Paul Forchione of Optionvue Systems, International will show how he uses OptionVue software to structure and analyze Strangle Swap strategies to earn positive theta while minimizing exposure to implied volatility. Read more [...]

Can a Trader Actually Expect Choppy Price Action?

August 24th, 2016 Have a look at this powerful tool you can start using to help you keep more of your profits and avoid getting chopped up! Read more [...]

The Wrong Way to Design A Strategy

August 19th, 2016 In this video, Seth Freudberg provides some advice to options traders about how to design a realistic back test so that the results can unearth strategies that traders will actually use in real life. Read more [...]

A Macro Trade That Is Working

August 18th, 2016 Rarely if ever do I develop a trading thesis that involves macro analysis and a time horizon greater than a few months. But through conversations with pro traders with experience in the energy sector and reading a few excellent analyses on the oil sector I came to view oil as a great risk/reward long trade from the high $30s up to $60/bl. This video updates my current thoughts. I will continue to tweet updates and create new videos as the trade progresses through the rest of 2016. Enjoy!   Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, Read more [...]