If you have nothing to say, say nothing. – Mark Twain Have you ever been on the receiving end of a conversation or listened to an explanation and thought, “what the heck did he just say?” Or have you read something and had to reread something several times to figure out its meaning? If you have it is usually not because … Read More
The best books to improve your trading/investing
I was on the phone last night making an offer to a college student for our desk and the young man let out a loud, “Yeah! Awesome! Awesome! Awesome!”….. And then much more importantly,”What can I do between now and then to prepare.” At our firm, we send out a reading list for incoming traders to best prepare them. Here … Read More
John Locke’s Super Simple Spreads Course to be Available Later this Month
We’re excited to announce our upcoming options trading course that teaches: FOUR systematic strategies that options traders can use to trade high probability spreads that actually have a high probability of success… WITHOUT taking excessive risk. John Locke is one of SMB’s top options traders — and our firm backs several traders that use John’s strategies. We put our money where … Read More
Should you have traded these 5 stocks today? (SMBU Daily Video)
In our SMBU Daily Video, we highlight 5 trade ideas before the open and discuss whether they were worth trading. Should you have traded $GOOG? $BAC? INTC? $AMAT? $GPRO? I offer my thoughts on whether these setups were worthy of your intellectual, emotional and financial capital in this video. I hope it helps! *no relevant positions
Sexy Cool Trading
In this video I discuss: The first question I ask traders who we interview for the desk Why certain stocks and setups are not suitable for novice traders How to use longer term levels to define risk for a setup Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and … Read More
SMBU’s Options Tribe Webinar: Seth Freudberg to make a presentation on low probability iron condors
Today, Seth Freudberg will present to the Options Tribe his unique approach to low probability iron condors.
What golf teaches us about trading
One of my favorite sporting events, no events, is The Masters. Sunday on the couch watching The Masters is about as good as it gets. And as traders there are many lessons we can learn from golf. 1. In golf you play the ball where it lies. You can hit a great shot and find it in a divot and … Read More
Peak Performance–Trading The Plan
**This is the fourth in a series of posts from Bruce Bower related to “Peak Performance” the topic of his new book that SMB U will be releasing April 20th** Trading the Plan By Bruce Bower “Everyone has a plan until they get punched in the face” – Mike Tyson It is all well and good to have a plan. The next crucial … Read More