The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
How To Get Back In
A very talented experienced trader joined our desk about five months ago. Let’s call him Trader Dan. He decided SMB was a better fit for his personality than his original trading firm. His first trading job entailed shorting very strong stocks intraday and getting long very weak stocks intraday. Somehow he was able to earn a living with that strategy … Read More
SMB Morning Rundown – April 20, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Priorities
I was psyched for an opportunistic Monday after Friday’s action in GS and the market. On our Sunday night SMB University show on StockTwits TV I went through all the levels in GS, JPM, MS, BAC, DB and the market momentum leaders. I read every blog and article on the GS/SEC civil suit. I mapped out a plan for new breaking … Read More
SMB Morning Rundown – April 19, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Discover Your New Trading Home: Assent and eTrade
I heard from a friend yesterday that one of the largest prop trading firms was closing up shop. For those of you scrambling to find a new trading home, I have been there. My understanding is that Sungard Financial, a large financial services firm, that owns Assent is no longer interested in being in the prop trading business. … Read More
SMB Morning Rundown – April 16, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Getting Help From Your Peers
One of the best things of trading in a group environment is that you can get help from those who sit around you. Yes, trading is a competitive arena but that doesn’t mean you can’t look for help within your group. We love working with Dr. Brett but unfortunately for us he cannot sit next to us every day to … Read More