Entry Types For Momentum vs Rangebound Plays

Last Friday we had a great talk, with Brexit fresh off the press, during our weekly Trading Conversations webinar last Friday. As usual, we covered a wide range of things such as using context, how to adjust your trading to handle volatility, and more! Not a bad way to wrap up your trading week with some open trading conversation. One … Read More

A Trading System for Volatility

Andrew reviews a VXX strategy to see how it would have handled several high volatility events over the past several years.

Why did LVS trade through 44 if that was support?

LVS hit our radar for a Spencer (my trading partner) 2nd Day play.  There was not much a news catalyst in LVS, but yesterday it traded a higher RVOL, finished near the bottom of its range, and traded significantly weaker than the market.  We walk onto our trading floor today wondering if there will be follow through or a bounce … Read More

Underperformance and Your Beliefs

We covered several interesting topics during our weekly Trading Conversations webinar last Friday. As usual, we covered a wide range of things such as using context, randomness, risk/reward, knowing your market with statistics, and more! Not a bad way to wrap up your trading week with some open trading conversation. One topic we covered in particular stood out to me, … Read More

How do I use previous support and resistance levels?

Hi Bella, I have been learning a ton from One Good Trade, The Playbook, and all the online educational content you have. Thank you! When you are analyzing a stock “in Play” and looking at previous support/resistance levels, how much weight do you give them going forward with that days trading? After all, we would be trading this stock in … Read More

FED Day Trading

In this video, Steve discusses how short term traders trade index ETFs on a “FED Day.” Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 19 years. His email address is: [email protected] Please follow and like us: