1. As @jheil said on Morning Joe yesterday, “The Yankees suck.” 2. Are we undervaluing an important positive change to our economy? That being: it has never been better to start a small business. If you talk to some of the biggest HFs in the US they are all preparing uniquely for the US fiscal cliff. Worse yet the perfect … Read More
StockTwits Suggested–$DECK
The lifeblood of a trading desk is the flow of relevant factual trading information. We spend time training our traders from Day 1 on how to gather and share information so we can all make more money. We build tools that pump out important information on In Play names all day. We have a chat room where traders can share … Read More
Live From the Trading Floor – 10.17.12
Steve will be broadcasting every Monday, Wednesday and Friday at 11:15 am EDT and you will have the opportunity to chat with him through our new Stocktwits chat feature. Don’t miss it! In today’s show Steve Breaks down the big picture via the SPY (0-2) Talks earnings stocks IBM CREE Discusses why he traded FTNT long (6-7) Discusses 2nd Day … Read More
The Forex Trader’s Fear of Missing Out
One of the more entertaining things I hear out of forex traders that I talk to is, “I can’t believe I missed that 40-pip move! I left so much money on the table!”. My question is whose table did you leave that money on? What’s even funnier is when traders claim they’re losing money because they’re missing nice moves. This … Read More
Forex Trading Room Recap 10.16.12
In this segment, Marc Principato, CMT explains how he likes to utilize whole numbers as part of his price action analysis. Whole numbers like 1.3000 and 1.3050 can serve as potential support and resistance levels where trading opportunities can emerge. — Marc Principato, CMT Risk Disclaimer *No Relevant Positions
Free Options Webinar: Today at 5:00PM EDT. Mike Bellafiore: One Good Trade
Tuesday October 23, 2012 at 5:00 pm Eastern Daylight TimeSMB’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 trading.This … Read More
The happier Toronto trader
I am an hour away from my presentation at Quant Invest Canada and instead of preparing I thought I would share some thoughts from a few meetings with Canadian traders with whom I met. I take the Coach K approach to presentations. If you cannot get up there and speak on a subject without notes then they probably should not … Read More
Forex Trading Room Recap 10.15.12
In this segment, Marc Principato, CMT talks about price behavior nuances around pivot points. A pivot point indicator is a common tool, yet it can offer potential reaction points where you can uncover attractive trading opportunities. It is the first step in a sequence of price action that can lead to quality trade setups. — Marc Principato, CMT Risk Disclaimer … Read More