Archive for December 2011

SMB’s Options Tribe: Free Webinar Tuesday January 3, 2012 at 5pm: Butterflies With Weekly Options

Dec 29th, 2011 | By | Category: General Comments
Tuesday, January 3, 2012 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 week, Mike Adam, who works with Charlie Ferguson, will be presenting his study of butterflies using weekly options. Register for this FREE Webinar : Here Seth Freudberg Director, SMB Options Training The SMB Options Training Read more [...]


SMB Fundamental #7: Replaying Your Important Trades

Dec 28th, 2011 | By | Category: General Comments, SMB Fundamentals, Steven Spencer (Steve's) Blogs
Back in early 2006 we established what have become known as the SMB Fundamentals. They are a list of 7 trading principles that SMB believes should be followed for every single trade. Fundamental #7--Replaying your important trades--trades that offered a ton of opportunity---help you mentally prepare and execute at a higher level when faced with a similar trading scenario in the future. Here is an email exchange yesterday between myself and my mentee Sammy regarding his trading in SHLD, which he failed to make money trading it short, despite the fact that it got hammered. spencer: take a look at the following SHLD charts. let Read more [...]


Not Much In Play—Be Very Selective

Dec 27th, 2011 | By | Category: General Comments, SMB Radar, Steven Spencer (Steve's) Blogs
This is a time to be cautious as a short term trader. Volume is light and there is not much In Play. The SMB Radar is our insurance policy during slow market times to make sure we focus our energy on the stocks with the best risk/reward setups. When I look at the Radar during the day and most of the stocks in the Strong, Weak and Price Spike columns are in blue, I know it is time to be hyper selective in my trades. We color code stocks based on their In Play rank and anything below a 1.0 is a shade of blue. The stocks on top of the Strong and Weak columns on the Radar presented some nice technical setups. However AMGN which Read more [...]


SMB’s Options Tribe: Today at 5pm EST: Managing Options Positions by the Greeks Part 2

Dec 22nd, 2011 | By | Category: General Comments
Tuesday December 20, 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 options trading. This week, Tony Sizemore of Optionelements.com will be continuing a discussion of his sophisticated technique for managing options positions by controlling the options greeks. Register for this FREE Webinar : Here Seth Freudberg Director, Read more [...]


Even One Trade A Day Can Be Over Trading

Dec 22nd, 2011 | By | Category: General Comments, Rick's Blogs
We had an interesting question the other day: What would be a reasonable range for total number of trades per instrument for an active intraday trader? And is there a different range for something like a stock-in-play vs. SPY or EUR/USD? I'm working on discretionary trading along with algorithmic strategies and I just want to gauge your opinion on when I or the system would be at a level that would be considered 'over trading'. Rick Martin It comes down to opportunity—discretionary or with a trading system. As a discretionary trader, if you wait for the proper setups, find the right risk/reward ratios, and then pounce Read more [...]


What is your giveback rule?

Dec 22nd, 2011 | By | Category: Mike Bellafiore's (Bella's) Blogs
Yesterday in a daily trading review a trainee wrote with disgust about giving back too much of his early profits. I really hate what I did today... basically gave back 90% of my net on the day by trading like a jackass. It just started with one bad trade and snowballed into a few more, and before I knew it, I just quit for the day. It’s a shame too, I thought I was trading really well with CIE and ORCL. Mid-day,I nailed that CIE reversal and I called out the 14.80 breakout on INCY and it seemed like I wasn’t doing much wrong, then I made my worst trade with too much size (buying immediately into a pullback on INCY) and Read more [...]


Free Webinar – Systems Trading Tools

Dec 21st, 2011 | By | Category: General Comments
Rick Martin, lead developer of SMB Systems Trading LLC,  will be discussing system trading tools to use in your trading - what they are, how to know if they will work and if you have what it takes to add a computer to your trading and tune them to fit your trading style. Questions from attendees will be answered at the end of the webinar. Questions for Rick after the webinar may also be directed to rmartin@smbcap.com Time: Wednesday December 21st, 2011 4:15PM-5:00PM To register to the Free Webinar please click here Read more [...]


SMB’s Options Tribe: Free Webinar Today at 5pm: Managing Options Positions by the Greeks

Dec 20th, 2011 | By | Category: General Comments, Seth Freudberg's Blogs
Tuesday December 20, 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 options trading. Today, Tony Sizemore of Optionelements.com will be discussing his sophisticated technique for managing options positions by controlling the options greeks. Register for this FREE Webinar : Here Seth Freudberg Director, SMB Options Read more [...]


smb newsletter
Options Risk Disclaimer    Forex Risk Disclaimer

1. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB TRAINING also offers web-based, interactive training courses on demand.

2. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

3. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

4. SMB Training and SMB Capital Management, LLC are separate but affiliated companies.

5. No relevant positions

6. Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

Log in | 246 queries. 2.131 seconds.