Ooops!…. the Market Did it Again in Civeo

Apologies to Britney Spears fans, but the market did it again.  Last time it was in Seadrill.  Today it was in Ceveo.  Both companies crushed after they suspended their dividend. I shared how we attacked Seadrill here last month: How a Stock Can Trade when their Dividend is Cut. I shot a video explaining the trade below: We had a … Read More

Options Trading for Income with John Locke for December 22, 2014

John Locke www.lockeinyoursuccess.com A great way to improve your trading results is by keeping up to date with the latest trading techniques and current market conditions! Click HERE and join me every Monday at 9 AM EST for our free “Options Trading for Income” Webinars! Where you get expert analysis of the markets and the opportunity to follow along with … Read More

Make Trading Changes Like Coach K to Prosper in 2015

As we approach the end of the year this is an excellent time to consider trading changes.  Call it your New Year’s Trading Resolutions.  Actually the now is always a good time to consider changes to your trading but that is a whole separate discussion.  Let’s just follow the trend and encourage the presently motivated to make trading changes. One … Read More

SMBU’s Options Tribe Webinar: John Locke: The Rock Trade—2014 review

December 30, 2014 Today, John Locke returns to the Options Tribe to review the hypothetical performance of the Rock Trade in 2014 SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar — the Options Tribe — during which veteran … Read More

SMBU’s Options Tribe Webinar: Derek Vanderpool, SMB Options Desk Trader: Trading Weekly Options in Multiple Time Frames

December 23, 2014 Today, Derek Vanderpool, successful trader on SMB’s Options Trading Desk, presents for the first time on the Options Tribe on his approach to weekly options trading. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar — … Read More

A Smooth Sea Never Made a Skillful Sailor

People are made for challenges. When we respond to challenges, we become alert. As we move and think to overcome those challenges, we build physical and emotional muscle. We open up our bodies and minds to new possibilities. We learn and grow at an astounding pace, becoming stronger and creating amazing things. In the absence of challenge however, the opposite … Read More

Enhancing Trader Performance with Classics in Technical Analysis

*****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 “If I have seen a little further it is by standing on the shoulders of Giants.”  Sir Isaac Newton We are all … Read More

The Double Reversal Purple Nurple–$SPY

Today’s market action presented some interesting twists and turns. Around 6AM the SPY got hammered about $3. By the time I turned on my platform we had already bounced around $1. I sold about 25% of my positions and got ready to head for the office. My gut told me that it was OK to sell some stock “in the … Read More