What it Takes to Go Live at Our Firm

adminTrading IdeasLeave a Comment

SMB receives approximately 5,000 applications each year to trade for the firm. As you can imagine, it’s nearly a full time job to sort through 400+ new applications each month. Of the thousands that apply each year, the net acquisition of new traders that go live with the firm is less than 50. That’s right… Less than 1% of applicants … Read More

What You Can Do to Stand Out (SMBU Daily Video)

smbcapitalFree Daily Trading Video1 Comment

In our SMBU Daily Video, learn what can set you apart from other traders.

In this video, Mike Bellafiore will discuss:

What qualities make a trader stand out
Fitting in with other traders
Why you shouldn’t reinvent the wheel
We hope this video helps you improve your trading skills.

– SMBU Team

Oracle Had A Fundamental Catalyst That Made It A Good Short

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

ORCL reported disappointing earnings after the Close on June 17th. The next morning it traded lower before rallying back $2 with the market. I had two reasons why I thought it would roll over again the next day. One, I believed the large market rally the prior day was the primary driver of its bounce from 41 to 43. Two, after large … Read More

Why Netflix Was A Short Today

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

Netflix has been on quite a tear since they reported strong earnings in April trading higher by more than $200. But for short term traders who each day look to trade lower time frame trends NFLX offered a good short setup Friday morning. These are some factors I considered prior to sharing the setup in our morning meeting. Netflix had a huge … Read More