Lessons from an annual trade review

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.

Trading bigger is much easier than trading with edge

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 … Read More

Time Diversification Through Weeklies

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.

Understanding Market Turning Points

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 … Read More

Fading An Earnings Gap–Darden Restaurants

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 … Read More