Archive for November 2013

My StockTweets Week In Review

Nov 30th, 2013 | By | Category: General Comments, Steven Spencer (Steve's) Blogs, Trading Ideas, Trading Lesson
I would like to review the trades this week that I shared via StockTwits. We started using and sharing on StockTwits almost five years ago and it continues to be an excellent source for developing traders to expose themselves to the thinking of many experienced pros. Always remember while imitation is the sincerest form of flattery it can quickly lead to the path of financial ruin, so while observing the pros you must develop your own approach to the markets. I share roughly 10-20% of my daily trading ideas on StockTwits. The rest are shared internally on our trading platform and Real Time technology with our trading desk and those Read more [...]


Option Training Series – Lesson Two: Making money with options when you are wrong about direction

Nov 29th, 2013 | By | Category: General Comments
Learn how to make money trading with options without picking a market direction. Click here to watch the first video in this series. Seth Freudberg, Director, SMB Options Training Program No relevant positions The SMB Options Training Program is a twelve-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. For more information on this program contact Seth Freudberg: [email protected] Risk Disclaimer Options Learn options spread strategies for monthly income from Read more [...]


AUDUSD Bearish But Where To Short?

Nov 25th, 2013 | By | Category: Marc Principato, SMB Forex
Recently AUDUSD has presented a bearish condition, but shorting lows is risky. Here are some levels to consider. Subscribe:http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge   -- Marc, Principato Risk Disclaimer *No Relevant Positions SMB FOREX Trade on your own schedule Learn SMB′s Unique Strategy Trade Confidently in 6 Weeks Click here Read more [...]


Do Not Trade With Your Shorts Off

Nov 25th, 2013 | By | Category: General Comments
In our SMB Midday Recap Bella discusses: 1) What data you need before each trade 2) Why not having this data is like playing basketball without your shorts on Watch the video below to learn how to make a fundamentally sound trade. You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Find Your Trading Confidence in Just Ten Weeks Read more [...]


Option Training Series – Lesson One: The biggest mistake that options traders make

Nov 25th, 2013 | By | Category: General Comments
Learn the correct options trading strategy if you believe a stock is going higher. In this video we review a trade in AAPL. Seth Freudberg, Director, SMB Options Training Program No relevant positions The SMB Options Training Program is a twelve-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. For more information on this program contact Seth Freudberg: [email protected] Risk Disclaimer Options Learn options spread strategies for monthly income from experienced options Read more [...]


Enhancing Trader Performance: Pattern-Seeking Addiction

Nov 24th, 2013 | By | Category: David Blair, General Comments, Trading Psychology
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note We stock traders are notorious pattern seekers, “finding” everything from head and shoulders to triangles to cups with handles in price charts. We come by it honestly as we are born with a pattern-seeking instinct to help us make sense of the world around us. If we do so outside the charts is it not expected that we will do so inside? There is nothing inherently wrong with pattern Read more [...]


Using Premarket Price Action ($GMCR $GME)

Nov 21st, 2013 | By | Category: General Comments
During our SMB Midday Recap Bella discussed with the desk: 1) A technical support trade in $BBY 2) How to use premarket price action to capture the opening drives in $GMCR and $GME This discussion was captured in the video below. You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Find Your Trading Confidence in Just Ten Weeks Discover the principles of elite performance and the eight core topics that have the greatest impact on your trading success. Read more [...]


How We Traded $BBY and $DDD

Nov 21st, 2013 | By | Category: General Comments
During the SMB Midday Recap yesterday Bella discussed: 1) A second-day-play short trade in $DDD using an important technical level from recent trading. 2) The different ways to trade $BBY today and how to determine that 39 was an important technical level. See our chat below in this video. You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Find Your Trading Confidence in Just Ten Weeks Discover the principles of elite performance and the eight core topics that have the greatest impact on your trading success. Read more [...]