What is the best setup for new traders to trade? A Changing Fundamentals Trade. One day the fundamental strength about the name is substantially different than just the day before. These trade setups outperform the market. They trend intraday. They can trend for 1-3 days for those of you who are swing traders. It’s this new news catalyst, a significant … Read More
Mastering Option Trading: Volatility Edge Analysis with Steve Lentz
Today, Steve Lentz of Optionvue Systems, International returns to the Options Tribe to explain his new Volatility Edge Analysis methodology and how Bollinger Bands may help in determining when to sell or buy option premium. If you’ve ever wondered if technical analysis can help time your butterfly and condor positions, this is a good place to start.
Top Voted – Top Three Trading Topics (Power Point Presentation)
SMBU asked our trading community to vote for the top three topics to teach during its next webinar. Our partners then taught these topics during a recent webinar. The top three topics were: Price Action Analysis- Specific trades were presented showing how price action was instrumental to construct winning trades The Best Setups for New Traders- Two setups are discussed … Read More
SMBU’s Options Tribe Webinar: Anne-Marie Baiynd of TheTradingBook.com: Why Theta Matters Most-My Perspective as a Market Technician
Today, Andrew Falde returns to the Options Tribe to discuss his approach to trading iron condors in a less stressful way. It should be an interesting presentation given the popularity of the iron condor strategy with positive theta options traders
The Perfect 10 Technical Trade
I ask our traders to only make the *very* best technical trades. Judge each technical trade on a scale of 1-10 and take only those 8/10 or above. What is a Perfect 10 Technical Trade? It’s GENE (Genetic Technologies Limited) from the other day when it traded below a huge technical support level and then dropped 30 percent…in one day….while … Read More
Surround Yourself with Positive AND Negative People: Unleash the Power of Diverse Perspectives
“People are like dirt. They can either nourish you and help you grow as a person, or they can stunt your growth and make you wilt and die.”~Plato I was on the phone with a developing retail trader (let’s call him Saratoga Slayer) who had impressive results in Year1. Why did Saratoga Slayer do so well in Year1 when most fail? He wasn’t sure. … Read More
Why Every Trader Should Have A Trading System (SMBU Daily Video)
In our SMBU Daily Video, you will learn why every trader should have a trading system. In this video from Andrew Falde, you will learn: What a trading system is and why every trader needs one. What are the different types of trading systems. How you can make your trading system a routine. What guidelines you can incorporate into your … Read More
What Is “Price Action” Confirmation?
I wanted to share a few trades that I executed this morning based on setups discussed in our AM Meeting. Two of the three trades were executed using programmable “scripts” to make it easier for me to manage many positions simultaneously. Once these positions are opened I can trade out of them manually or allow the scripts to continue to … Read More