Archive for June 2017

Should I trade GLD Options?

Jun 22nd, 2017 | By | Category: Free Daily Trading Video
In this video, Seth Freudberg reviews the qualities that must be present for trading vehicles to be traded in a scaleable way. It is a good idea for traders to diversify their trading portfolio so as not to be too heavily dependent on one trading vehicle. However, it can be dangerous to trade market neutral options strategies without making sure that the trading vehicle has certain qualities that make it tradeable. Read more [...]

[Recording] Getting Started on the Right Path for a Successful Trading Career (WEBINAR JUN 22)

Jun 22nd, 2017 | By | Category: General Comments
Mike Bellafiore and Merritt Black sat down with a trader from the community who is new to the game. They discussed how he should get started trading. Read more [...]

SMBU’s Options Tribe Webinar: Jay Murakami of White Rock USA: Trading the Iron Condor with Crash Protection

Jun 21st, 2017 | By | Category: Options Education, Seth Freudberg's Blogs, SMB Options
This week, Jay Murakami of White Rock USA will be making his debut presentation on the Options Tribe, demonstrating his signature iron condor with crash protection- a unique positive vega iron condor approach. Read more [...]

[Recording] 5 Ideas to Improve Your Trading This Summer

Jun 19th, 2017 | By | Category: Mike Bellafiore's (Bella's) Blogs, Trading Psychology
Mike Bellafiore, author of The Playbook and One Good Trade, discussed why traders at the firm are so focused on building trading models right now and how to be more selective with your ideas. Read more [...]

[Recording] Is it Possible to Make Money on the Open? (WEBINAR JUNE 15)

Jun 19th, 2017 | By | Category: General Comments
Steve Spencer explained how to to make money on the open. He discussed the following: Learn why many traders struggle to generate profits during the first 15 minutes How to formulate a plan to trade the first 15 minutes How to control risk during the open How to drill down to the exact setups and the exact prices to trade Learn if the open is right for you to trade * No relevant positions Read more [...]

Dumping Losing Trades

Jun 16th, 2017 | By | Category: Free Daily Trading Video
In this video, Seth Freudberg gives a recent example of just such a situation in the July and August Bearish Butterfly trades. Often times, in options trading, the conditions that will cause one trade to lose are the exact conditions that will allow another trade to win. Read more [...]

From Options Student to Consistent Options Money Maker

Jun 15th, 2017 | By | Category: General Comments
This is Andrej Fedor (middle), SMB Options Desk trader, with Seth Freudberg and me after lunch in NYC.  Andrej was a former student of Seth's for our education arm, SMB Options.  Now he sits as a profitable trader on our options desk. We love to study former students turned successful traders at SMB.  And then we love sharing their path with our community.  Let's learn some more about Andrej, with the hope that it might help you and us. Andrej was the fastest trader that Seth has ever taught and trained to go from almost no knowledge to very competent- six months.  So much for it taking years to become a competent Read more [...]

Controlling the implications of a downside move

Jun 8th, 2017 | By | Category: Free Daily Trading Video
This video covers a technique for cutting a position’s exposure to increased options volatility under these circumstances. Options trading in a low volatility environment is not without danger. If the market sells off, options volatility will increase causing a larger than normal drawdown on positions opened in a low volatility period. Read more [...]