Archive for January 2015

Trading Shouldn’t Be A Flip of the Coin

Jan 29th, 2015 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
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 close attention to the idea of "inflection points" and the asymmetric risk/reward that can be attained by entering at these prices. Tomorrow is most likely going to be the #1 IPO of 2015 Shake Shack. I am preparing a pre-IPO game plan for members of our trading desk and will be trading the IPO live as well. Read more [...]

How to determine if the Shake Shack IPO will be Strong

Jan 29th, 2015 | By | Category: General Comments
Are you ready to trade The Hottest IPO of 2015: Shake Shack (SHAK)? Shake Shack will begin trading tomorrow - and you need to be prepared! *no relevant positions Read more [...]

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

Jan 29th, 2015 | By | Category: Free Daily Trading 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 get our daily video delivered to your inbox. Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook. He welcomes your trading questions at [email protected] *No Read more [...]

SMBU’s Options Tribe Webinar: Seth Freudberg: Iron Condors

Jan 28th, 2015 | By | Category: Options Education, Seth Freudberg's Blogs
Today, Seth Freudberg will be going over some of his favorite Iron Condor trading concepts that he has developed over the years and he will be sharing them for the first time on the Options Tribe. Read more [...]

Unconventional Training for the Unconventional Trader

Jan 27th, 2015 | By | Category: General Comments
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 by the outstanding Mark Leibovich.  Brady believes he must train unconventionally to be elite: Brady says he tends to gravitate to mentors like Harden, who don’t necessarily embrace mainstream philosophies of coaching and training. Yee, Brady’s agent, Read more [...]

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

Jan 26th, 2015 | By | Category: General Comments
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 in the Next 90 days Here's what you will learn: 1) How we prepare for each trading session 2) How to hone in on the best trade ideas for each trading day 3) Trading tools we use to find the best trades 4) How to develop a trading PlayBook to significantly improve your results 5) Trade examples Read more [...]


Jan 26th, 2015 | By | Category: David Blair
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, to timeframe(s), to selecting a trading edge based on specific parameters, requires us to take action based on the many and varied principles of psychology.  Don’t believe me?  Ask yourself the following:  how can two traders with the exact same tools at their disposal produce Read more [...]

A Very Important Trading Edge

Jan 25th, 2015 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
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 on empirical observation. Seminar Invitation: January 26th: If you want to learn more about this technique and other habits and skills please join us January 26th. Click here to register. Steven Spencer is the co-founder of SMB Capital and SMB University which provides Read more [...]