Archive for August 2015

My Thought Process– $SPY

Aug 30th, 2015 | By | Category: General Comments, Steven Spencer (Steve's) Blogs
In three trading days we moved from a range bound low volatility market to an environment of fear and chatter of market collapses. It is more difficult to predict price patterns when extreme volatility and fear are in play versus when the market is more subdued and market participants actions can be more easily anticipated. As traders we move into a "move to move" mentality as a powerful reversal is possible at any moment. We saw that both Monday and Tuesday. After the market has a shockingly fast sell off experienced market participants look for signs of stabilization. Can higher levels hold? Will trading ranges begin to Read more [...]

The Opening Drive Play

Aug 28th, 2015 | By | Category: Free Daily Trading Video, General Comments
In our SMBU Daily Video, learn about opening drive plays. In this video from Mike Bellafiore, you will learn: How to express your trading ideas in the opening drive How intraday fundamentals can indicate the direction of the stock The difference in a day trade and a swing trade We hope this video helps you improve your trading skills. * no relevant positions   Read more [...]

Learning to Take a Loss

Aug 27th, 2015 | By | Category: Free Daily Trading Video, General Comments
In our SMBU Daily Video, we discuss losing trades. In this video from Seth Freudberg, you will learn: What percent a general loss on an options trade is The key to being a good options trader How to take losses The importance of analyzing losing trades We hope this video helps you improve your trading skills. * no relevant positions   Read more [...]

SMBU’s Options Tribe Webinar: SMBU’s Andrew Falde: The TEA Iron Condor Options Trading Technique

Aug 27th, 2015 | By | Category: Options Education, Seth Freudberg's Blogs, SMB Options
This week, SMBU’s Andrew Falde returns to the Options Tribe to present his TEA iron condor options trading technique. Earlier this year, Andrew taught a small group of traders the TEA Iron Condor system. The system is robust enough to handle the recent big market moves because it is comprised of a mix of trend following and market neutral income components. Andrew will also discuss some of the filtering technique that he uses to help reduce risk during black swan events. Read more [...]

How To View The Market Right Now

Aug 26th, 2015 | By | Category: Steven Spencer (Steve's) Blogs
normally i don't blog during trading day but unusual circumstances...we failed right at the level i tweeted pre-market around 193. great spot to short and many traders did. sellers now in control and that only changes if we break the downtrend moving back above 190. a hold above 190.50 would give us a chance to close in the 191.50-193 level that i tweeted earlier as well.   this is a very scared market. SPY puts 10+% lower are trading with large premiums and as i type this we are attempting to roll over again... Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education Read more [...]

How We Navigate High Volatility Markets

Aug 25th, 2015 | By | Category: Trading Lesson
Every morning in the Trader90 AM meeting, Steve Spencer gives you a rundown of what's in play and how to trade the market that's in front of you. This video is a quick sample of what you could be getting every morning as a member of Trader90... Join SMBU Trader90 Now >> No relevant positions. Read more [...]

Webinar Replay with Anne-Marie Baiynd

Aug 25th, 2015 | By | Category: Trading Lesson


No relevant positions

Big Swings Aren’t Over Yet… “Keep Trading!”

Aug 25th, 2015 | By | Category: General Comments
  Several of the traders on our desk had their best day ever yesterday. If you were in the Trader90 Real Time Audio during the opening drive, then you heard some of the most exciting 30-45 minutes of the year. The mantra throughout the excitement was... "it's not over... KEEP TRADING!"    Isn't this why you trade? To not be dependent on a rising market... or a strong economy.   Volatility is the friend of the active trader... at least if you know how to interpret price action.   About 30 minutes after the close, our good friend Anne-Marie Baiynd took some time to take questions from traders about how they could Read more [...]