Archive for 2017

Trading Binary Events

Jan 20th, 2017 | By | Category: Free Daily Trading Video
In this video Seth Freudberg discusses how to trade options around binary events like US Elections, Brexit, and Fed announcements. He looks at the thought process professional traders take around these events. Read more [...]

What would you tell your younger trader self?

Jan 19th, 2017 | By | Category: General Comments
As I write, I am headed to Austin, Texas to train the newest class for our partners at The Kershner Trading Group.  We train the new traders down there as a part of our JV (joint venture) with KTG. I will be training these new traders using The SMB Foundation, Part I of three parts of our training. Today in our conference room, I surveyed some of the more experienced traders at our desk on what they would tell their younger trader self if they began Foundation again.  7 ideas blossomed.  Let's share them here to give you thoughts on how to improve your trading, whether new, developing or even experienced. 7 tips Read more [...]

SMBU’s Options Tribe Webinar: Kerry Given of Parkwood Capital: The Ubiquitous Diagonal Spread

Jan 18th, 2017 | By | Category: Options Education, Seth Freudberg's Blogs, SMB Options
This week Kerry Given returns to the Options Tribe the use of the diagonal spread. The diagonal spread is a basic options strategy, but it is versatile and may be used in several different market situations. In this webinar, Kerry Given, a/kl/a Dr. Duke, will discuss the basic aspects of the spread, the pros and cons of strike selection, and ongoing management of the trade. Several examples of diagonal spreads will be reviewed to illustrate the principles of this trade. Read more [...]

Did A Short SetupTrigger in JPM?

Jan 17th, 2017 | By | Category: Steven Spencer (Steve's) Blogs, Trading Ideas
Following JPM's earnings report it gapped higher then faded the rest of the day. Steve Spencer discusses a possible short setup. 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 positions Read more [...]

The Proper Stop Loss

Jan 13th, 2017 | By | Category: Free Daily Trading Video
Bella shares two anecdotes from our desk this week of traders asking for risk bumps. Trader A asked to be bumped from 25 to 50k intraday as a stop loss. Trader B from 7,500 to 15k. In this video, Bella gives you a litmus test to determine your stop loss. Read more [...]

Sometimes Nothing is a Real Cool Hand

Jan 12th, 2017 | By | Category: Free Daily Trading Video
In this video, Bella corrects a new trader's journal from insufficient to elite. We are not doing our job if we do not set up our traders to find out how good they can be. Many do trading journals. But are you keep a trading journal that will help you maximize your potential? Read more [...]

A Trader’s Definition of Hell

Jan 11th, 2017 | By | Category: Futures, General Comments, SMB Fundamentals, Trader Development, Trading Lesson, Trading Psychology
What would a trader's definition of hell be? I say it's the following: On your last day on earth, the trader you became will meet the trader you could have become. Scary to think about isn't it? I have two ways of avoiding "trader hell" that I'll share with you. Focus on process. I can guarantee you that if you spend your days toiling in the need to be right, make money, "win", or get revenge - you will end up in trader hell. What separates many elite performers, in nearly all elite-performance fields, is a strong commitment to process. It's not about the scoreboard, it's not about what happened on your last trade, it's Read more [...]

The Vocabulary of Winning Traders

Jan 11th, 2017 | By | Category: Trading Ideas
Winning traders have a specific vocabulary. It doesn't matter what market, niche, timeframe, or trading style they focus on... the words they use (and don't use) are remarkably similar. We know this because we have worked with thousands of traders over the past 20+ years... and we've seen losing traders turn into winning traders. Often, the vocabulary they use changes even before they start to see the profits role in. Here's the good news... this vocabulary can be learned. Just like any foreign language... the best way to learn a new language is to immerse yourself in a culture that only speaks that language. Would you like Read more [...]