hi mike, what sould i look for in a good and safe broker, and what broker do you guys use (lightspeed ?) p.s loved your book ! one of my top 10 (along with livermore’s, humphrey B. neill ,o’neil ,wyckoff and all the best) Mr. Spencer Responds We just launched SMB Trading. If you are looking for a great place to trade … Read More
SMB Morning Rundown – April 28, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Market Analysis and Swing Setups 4/27/11
@AdamG_SMB on setups in $SPY $ES_F $SOHU $CHTR $SLV $SFLY $SGY $ALJ $ANV $DECK $MCK $BAX $FOSL $CROX and $LBTYA
Everyday You Must Master Your Craft: Ray Lewis Talks to Traders (Motivation Video)
Ray Lewis was talking to some football players but could have been talking to a bunch of traders. Take some time and watch this video. You are gonna want to get up and tackle someone on your desk afterwards (I advise against this). Some of my favorite parts that are so applicable to trading: 1. “How much time are you … Read More
SMB Options Trade of the Week: A Bearish Butterfly Campaign
Seth Freudberg discusses the closing of a bearish butterfly.
The Elusive Easy Trade
Is there such a thing? Day trading has its moments and trades that can be considered easier. I really believe this, but how does one find these trades during the day? It takes preparation, experience, and persistence to find easy opportunities. The preparation is the hard work put in every day looking at chart after chart, drawing trend lines, and … Read More
SMB Morning Rundown – April 27, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Use the Tape to add size (SLV)
Silver has been on a tear. Yesterday during our AM meeting we discussed some prices that offer excellent risk/reward opportunities. Experienced traders know when something is about to happen. When a stock will really move off of a price. We might not know whether the stock will go up or down. But we know this is the moment. This is … Read More