Creating a Trading Network (video)

smbcapitalFree Daily Trading VideoLeave a Comment

This is a funny anecdote from a meeting between two traders who I respect. One is a bull, while the other is a bear. Both have a long track record of profitable trading. They met recently to talk trading and the interchange started politely and then…… This trading video highlights the importance of creating a trading network so you make … Read More

The Essence of Short Term Trading

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trading Lesson, Trading TheoryLeave a Comment

I have been spending time since this morning reviewing trades going back to the beginning of the year. In this video I outline several factors that short term traders use on a daily basis to accurately predict short term price movement. In recent months I have begun to use “scripts” to take advantage of these predictions. In the near future I … Read More

Trading Lesson–How To Identify A Long Term Bottom

sspencerGeneral Comments, Steven Spencer (Steve's) BlogsLeave a Comment

In a bull market there are many stocks that drop 10, 20, 30% or more prior to resuming a strong up trend. An important skill is being able to identify likely turning points in market leading stocks. By doing so you can greatly increase the risk/reward for long entries on your intra-day and swing long positions. _________________ Steven Spencer is the … Read More

5 Factors For Your Trading Decisions

smbcapitalFree Daily Trading VideoLeave a Comment

As short term traders we are not fundamental analysts. Some might say next, “Thank God.” Some not necessarily me. I actually kind of like reviewing how strong or weak the fundamentals of a company are. But as short term traders we must learn how to use news about a stock’s fundamentals the right way. In this video, we use a … Read More

A Tip to Help You Deal with the Frustration of Trading Losses (SMB Daily Video)

smbcapitalFree Daily Trading VideoLeave a Comment

Ever get stopped out and find yourself extremely frustrated? Does that frustration then cause you to spiral out of control with your trading? Argghhh……. Trading is not easy and we must find ways to manage ourselves. In this video, I offer a tip to help you better control your emotions while trading. Sometimes I visualize myself taking a loss before … Read More