The Shark Tank Risk Management System

Let’s start by talking about the shark tank. It all started with one of the traders – JP – calling himself a shark in some non-trading conversation. Unfortunately for him his mentee who sits next to him – RB – heard the silly comment and lost it. Over the next few days RB would just not let it go. Quickly … Read More

SMB Capital on StockTwits TV

Today, SMB Capital’s Heat Trader “Gman” appeared on StockTwitsTV to discuss the Market and the stocks in play for the day. Gman also talked about how recent price action may be indicating that a larger correction is on the way. Watch the clip here. SMB Capital appears on StockTwitsTV every M, W, F at 2pm so be sure to tune … Read More

When Not to Dump Your Stock

“Stop the tape,” barked the engaging if not brilliant firm partner (wait till you find out who this describes) during a Video Review Session. He continued,”What are your thoughts of NVTL presently?” A few brave (ill-advised?) noobs blurted,”Move on!”  And I could swear there was some booing to emphasize their opinion of the NVLT they had just witnessed on the … Read More

Managing Your Position

There are many facets to being a successful trader.  One element that tends to be neglected by aspiring traders is the concept of position management.  Position management is a combination of observation and action.  A trader must observe the price action in both the market and their stock to determine whether or not to take action on an open position … Read More

SMB Capital on StockTwits TV

Today, SMB Capital’s Steve Spencer appeared on StockTwitsTV to discuss the Market and the stocks in play for the day. Watch the clip here. SMB Capital appears on StockTwitsTV every M, W, F at 2pm so be sure to tune in. Please follow and like us:

Give V a Chance

As intraday traders we can be hypersensitive to every tick in our stocks, sometimes to a fault.  Been there.  Totally understand.  I am with you.  Today in V if you did not give it a chance to run then this was a spot on example.  Today was a day to give V a chance. I traded V in the afterhours … Read More

SMB Capital on StockTwits TV

Today, SMB Capital’s Remote Training Director, Roy Davis, filled in for Steve Spencer on StockTwitsTV to discuss the Market and the stocks in play for the day. Watch the clip here. SMB Capital appears on StockTwitsTV every M, W, F at 2pm so be sure to tune in. Please follow and like us:

Not Convinced of a Reversal Yet

We closed below an important technical level 1080 S&P 500.  I watch SPY and a close below 107.50 confirmed weakness.  I traded from the short side today in SOHU, COF, and FCX.   But I am not ready to lay into my shorts just yet.  Let’s discuss. Tomorrow I will pick some market stocks and look for opportunities to short … Read More