SMB Fundamental #1: Proper Preparation

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trader DevelopmentLeave a Comment

Last month I wrote a post about SMB Fundamental #7–Reviewing Your Important Trades. Today I would like to discuss #1–Proper Preparation. All trading success begins with proper preparation and that is why it is #1 on our list of trading principles that must be followed for each trade. Part of my morning pre-market preparation is to review the price action … Read More

Free Options Webinar: SMB’s Options Tribe: Tuesday, January 24, 2012 at 5pm EST: Crude oil options and “edge”

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

Tuesday January 24, 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 veteran options traders and experts in the world of options … Read More

Technicals Trump The Tape in Financials

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We consider three things when making an intra-day trade: The Tape, The Technicals, and the News. How each of these factors is weighed depends on the particular setup, the type of stock and current market conditions. JPM was the first large financial to report numbers on Friday. The numbers were not particularly good and it was showing weak price action … Read More

The CCL Trade

BellaMike Bellafiore's (Bella's) BlogsLeave a Comment

After the open we meet in our training room to review the open with some of our newer traders. We talked CCL, Carnival Corporation, for the midday and into the close. Before that we went over what we liked about CCL and what we didn’t. What we didn’t like: 1) Future bookings to probably decrease because of the accident. 2) … Read More

Free Options Webinar: SMB’s Options Tribe: Today at 5pm EST: Butterfly trading with deep ITM calls to control deltas

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

Free Options Webinar: SMB’s Options Tribe: Tuesday, January 17, 2012 at 5pm EST: Butterfly trading with deep ITM calls to control deltas

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

Tuesday January 17, 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