Archive for July 2016

Making Money In The Market Should Never Be This Easy

Jul 31st, 2016 | By | Category: General Comments
We are in the heart of earnings season and as short term traders this is where the majority of our attention is focused. But on Friday July 29th there was a major fundamental catalyst in MCRB. Its FDA drug trial had failed. The stock was trading lower more than 50%. By 8AM before the market had opened it had already traded more shares than it does in an average day. When I am evaluating potential trading opportunities each morning one of my top criteria are "pre-market" trading volume. We use SMB Scanner to sort for this. MCRB was #1 on the Scanner. It was trading around $8 down from $35. Visually it reminded me of SRPT from Read more [...]


Using the VIX to Position Size a VWAP Trade

Jul 29th, 2016 | By | Category: Free Daily Trading Video
In this video, Andrew shows you how using the VIX to adjust position size of a VWAP strategy helps improve the risk adjusted returns. Read more [...]


SMBU’s Options Tribe Webinar: Robert Chastain of Monarch Capital Group: The Unbalanced Iron Condor Trade

Jul 27th, 2016 | By | Category: Options Education, Seth Freudberg's Blogs
Top options trader Rob Chastain returns to the Options Tribe by popular demand to present the unbalanced condor trade that he mentioned towards the end of his debut presentation. It should be an outstanding meeting and we are looking forward to seeing you there! Read more [...]


Turning Around A Negative Mindset

Jul 26th, 2016 | By | Category: Free Daily Trading Video
In this video Seth Freudberg discusses the negative mindset that traders can often find themselves in and ways to combat that into a positive. Read more [...]


Becoming a Seven Figure Trader

Jul 25th, 2016 | By | Category: Free Daily Trading Video
In this video Mike Bellafiore discusses the formula for becoming a seven figure trader. Read more [...]


Using Volume Profiling to Trade the Emini S&P 500

Jul 22nd, 2016 | By | Category: Free Daily Trading Video
Here's a look at the Emini S&P 500 and a specific tool you can use to help your trading. Stay tuned for part 2 of this series. Read more [...]


When You Shouldn’t Trade

Jul 21st, 2016 | By | Category: Free Daily Trading Video
There are certain months where traders simply shouldn't trade because their trading strategy would preclude them from doing so. It is important not to trade in a month where conditions are wrong for your strategy. If your experience and back testing show that you have a negative expectancy when trading, you must follow your system and not trade for the "fun of it" or income. In the long run, a lack of discipline along these lines will hurt your returns badly. Read more [...]


SMBU’s Options Tribe Webinar: Doc Severson of Theotrade.com: Skills Needed to Trade a Small Options Account

Jul 20th, 2016 | By | Category: Options Education, Seth Freudberg's Blogs
This week, Doc Severson of Theotrade.com returns to the Options Tribe to share the major skills necessary to trade a smaller options account. Read more [...]