Archive for March 2014

The Stock of the Day: $BIOF

Mar 31st, 2014 | By | Category: General Comments
In this short video Steve discusses $BIOF, a stock from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in-play and likely to have second-day moves. Turns out $BIOF was a huge mover off the $4.00 level Steve had mentioned in this morning's AM Meeting. You can get more calls like this on a daily basis by tuning into the meeting. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 18 years. His email address is: [email protected] Steven Spencer Read more [...]


Let Me Help Save You 50K

Mar 31st, 2014 | By | Category: General Comments
Mike, I am only thru day 4 of your 10-day beginner lesson plan, so forgive me if you have covered this in the 10-day course or The PlayBook, which I will start this weekend, but do you have any advice for newbies on certain  investment (trading) vehicles to stay away from until we are weaned so to speak? I am thinking gold-miner ETFs or stocks with a lot of slippage. I am thinking such make a 5:1 setup difficult for an intraday plan. It may have been in The PlayBook, but I read it so fast, I may have missed it. I am a long time investor(occasionally temporarily(bull market) successful), turned swing trader who has always Read more [...]


SMB AM Meeting Recap: $PRAN

Mar 31st, 2014 | By | Category: SMB Video Blogs, Steven Spencer (Steve's) Blogs, Trading Ideas
In this short video, Steve discusses a stock from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $PRAN. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 18 years. His email address is: [email protected] Steven Spencer is currently long ADBE, CIEN, CLDX, CROX, FB, GM, HLF, LEN, P, PLUG, RAX, SCTY and short SPY. Learn the skills necessary to identify Read more [...]


The Capital-Scaling Iron Condor

Mar 28th, 2014 | By | Category: General Comments
In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains the Capital-Scaling Iron Condor Trade, an out-of-the-box approach to trading iron condors. Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-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 Disclosure No relevant positions Options Learn options spread strategies Read more [...]


Volatility-Based Sizing

Mar 28th, 2014 | By | Category: Systems Trading
In running back tests, it's important to understand the impact of volatility and position size. A consistent position size in number of shares or dollar amount can greatly skew historic results. If optimizing, this may lead to curve-fitting the system to periods of high volatility. Here are some examples of the impact of fixed-position sizing vs volatility-based sizing: The first uses a fixed 1,000 share position size. When the stock price is low, position sizes are reduced and the returns appear smaller. During high-volatility markets and when the stock price is higher (right half of the chart), the P&L swings are exponentially Read more [...]


Forex Analysis: GBP/USD

Mar 28th, 2014 | By | Category: Marc Principato, SMB Forex
Marc Principato, CMT, shares his recent analysis of the GBP/USD.  This includes his long and short term perspective, potential levels of interest, and setups he is actively watching for. 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, CMT,  Risk Disclaimer *No Relevant Positions Read more [...]


SMB U Trading Lesson of the Week: Position Sizing in $CCL

Mar 27th, 2014 | By | Category: Mike Bellafiore's (Bella's) Blogs, Trade of the Week, Trader Development
Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about a SMB Trading Lesson of the Week in $CCL. Mike discusses the various trading scenarios and how your position sizing would have changed under different market circumstances. Enjoy the video! You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Read more [...]


SMB AM Meeting Recap: INSM

Mar 26th, 2014 | By | Category: Steven Spencer (Steve's) Blogs, Trading Ideas
In this short video, Steve discusses a stock from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in INSM. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 18 years. His email address is: [email protected] Steven Spencer is currently long CIEN, CROX, GM, HIMX, HLF, LEN, SCTY and short BBBY, DDD, PLUG. Learn the skills necessary to identify and manage Read more [...]