Trading Shouldn’t Be A Flip of the Coin

Each day I host the SMB AM Meeting. The purpose of the meeting is to make sure that our desk has a game plan to attack the best stocks and setups. Yesterday we looked at Apple, Boeing, Alibaba, and American Airlines. In this video I break down some of the techniques we use to identify the best risk/reward setups. Pay … Read More

Learn a Trade You Can See Everyday with $BABA (video)

In this video, I discuss a trade setup in $BABA that you can see everyday. $BABA was definitely In Play yesterday  but more importantly a setup that offers an excellent risk/reward appeared. This setup can be attacked as a swing trade or a scalp. I hope this video gives you a new trade to consider for your trading. Sign up to … Read More

Unconventional Training for the Unconventional Trader

As traders it is a best practice to learn from the Greats- particularly how they train to improve.  Tom Brady unarguably one of the great QB’s to every play football offers us a best practice to incorporate into our training.  That best practice is: train unconventionally to achieve unconventional results. Brady was featured in a fascinating New York Times article … Read More

SMBU Snowstorm Webinar: Monday January 26th at 4:30PM EST

Join Steve Spencer and me Monday January 26th at 4:30PM EST for a snowstorm webinar.  Sign up here. Yes as the east coast is about to get 2 feet of snow Steve and I will be bearing the conditions to present a webinar for the trading community.  We are calling it: How to Transform Your Trading Habits, Skills and Results … Read More

ENHANCING TRADER PERFORMANCE: IS PSYCHOLOGY REALLY IMPORTANT?

I am often asked what I consider the most important indicator when managing a trade from start to finish. My answer has nothing to do with a chart or any system trading indicator associated with it.  My answer? Psychology.  From personal experience, I consider trading to be 100% psychological. All of our choices, from the type of price chart employed, … Read More

A Very Important Trading Edge

In this short video I discuss an important yet little known trading edge for many stock traders. Pre-market price action helps you identify which stocks will be most In Play, and often will give you price levels to develop the best game plan. These techniques appear to many from the outside as fantastical, but are simply short term predictions based … Read More