Trading Lesson #1: Buying A Strong Stock At Prior Day’s Afternoon Support

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Technical Plays, Trading Lesson1 Comment

New blog format: Short trading lessons with charts for illustration. Trading Lesson #1: Second Day Play–Buying A Strong Stock After It Pulls Back To Prior Afternoon’s Support Area INHX was on our radar yesterday after another fresh news drug catalyst. As you can see from the two charts below INHX is trending higher on multiple time frames. Here is the … Read More

Free Options Webinar: SMB’s Options Tribe: Today at 5pm EST: Options Trading and Trader Psychology

options internGeneral Comments, Options Education, Seth Freudberg's BlogsLeave a Comment

Today at 5:00 pm Eastern Standard Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of options trading. This … Read More

December 55 day $RUT bearish butterfly options trade: The finale

Seth FreudbergGeneral Comments, Options EducationLeave a Comment

On  Wednesday,  the market  gapped down and  continued it’s downward trek of the previous  5 trading days.  According to the guidelines of the   bearish butterfly strategy,  the reduced profit target of $1000 comes into effect  21 days to expiration on this lot size.  As 21 days to expiration was yesterday, and the position was up $1800, I  previously stated that … Read More

Free Options Webinar: SMB’s Options Tribe: Tuesday, November 29, 2011 at 5pm EST: Options Trading and Trader Psychology

options internGeneral Comments, Options Education, Seth Freudberg's BlogsLeave a Comment

Tuesday  November 29, 2011 at 5:00 pm Eastern Standard Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of … Read More