Archive for October 2016

Starting and Ending Trades Early Performed Better

Oct 27th, 2016 | By | Category: Free Daily Trading Video
In this video Seth Freudberg discusses the difference between long term and short term trades and why traders who are entering and exiting trades early are performing better. Read more [...]

How Equity Traders Can Use Options to Improve Their Results

Oct 26th, 2016 | By | Category: Free Daily Trading Video
In this video, Andrew Falde discusses how equity traders can use options to help maximize returns when there are limited trading opportunities. Read more [...]

Lessons from an annual trade review

Oct 21st, 2016 | By | Category: Free Daily Trading Video
Elite traders are always engaged in a process of self analysis in a continuous improvement process. A trader on SMB's options trading desk recently discussed an annual review that he conducted of his own trading. In this video Seth Freudberg discusses the insights shared by that trader which should be helpful for all options traders. Read more [...]

SMBU’s Options Tribe Webinar: Bruno Voisin: Practical Examples of the Rhino Trade

Oct 20th, 2016 | By | Category: Options Education, Seth Freudberg's Blogs
This week, Bruno Voisin returns to the Options Tribe to present examples of the Rhino trade in various market conditions. Read more [...]

Trading bigger is much easier than trading with edge

Oct 20th, 2016 | By | Category: General Comments
Trading bigger is much easier than trading with edge. I am working with a developing trader, nearing 15 months of live trading.  He is starting to trade with edge. I am seeing 3/5 days of trading profitably. I am noticing in his reviews a specificity of setups that he is trading.  He is not trading for stocks to finish higher or lower for the day.  He is trading for a stock to trade lower or higher from a given point with specific variables.  This is the essence of short term trading.  He gets it. I am noticing a nice string of $600-700 days, with an occasional 1kplus day. I am noticing this trader trading Read more [...]

Time Diversification Through Weeklies

Oct 14th, 2016 | By | Category: Free Daily Trading Video
It's important to diversify your options trading portfolio in order to control your exposure to any one event. In this video, Seth Freudberg discusses the different types of strategy diversification within a trader's portfolio of options trades. This video specifically focuses on the current trend of using weekly options chains to spread a trader's capital out from week to week as opposed to focusing all of a trader's capital on one particular options expiration. Read more [...]

Understanding Market Turning Points

Oct 14th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
Short term traders make thousands of trades each year. But not every trade is of equal importance to our bottom line. We develop a trading plan for every trade regardless of how large or small the opportunity, but with experience we begin to identify the trades that offer the greatest upside and the best risk/reward. I have found in my 20+ years of trading that identifying potential turning points in the market can make a dramatic difference in your trading results each year. On these days the risk/reward is magnified for making broader market trades, and many individual names will establish important short term tops/bottoms Read more [...]

Fading An Earnings Gap–Darden Restaurants

Oct 12th, 2016 | By | Category: General Comments
In this video I discuss my thought process for shorting DRI after they released their earnings report. This follows a video from a few weeks ago in which I shorted RHT. Understanding the catalysts where an earnings gap is likely to fail can help you increase your win %. Add these to your playbook if they make sense to you. 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 20 years. His email address is: [email protected] No relevant position Our Fall Mentoring Program Begins Next Week Read more [...]