In short term trading we are always on the lookout for something that looks “different”. That is where edge is. That is where good risk/reward is. The past few weeks the SPY has been bopping up and down in a tiny range. After four or five days it was unusual. After two weeks it was historic. Every short term trader was focused … Read More
Seizing Opportunities: Making Money in Pre-Market Trading with SRPT
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 … Read More
Why Buy Gold On A “Risk On” Day?
I received the following email last night while watching Netflix: Dear Steve, my name is Guglielmo and I’m glad to be part of the Trader90 community. I trade from Singapore. Yesterday in the AM meeting you were discussing GLD as a long being a very strong stock. At the same time, we saw the strong NFP numbers, suggesting … Read More
When Buyers Are In Control
This video discusses how to identify areas that should be bought into market pull backs. 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 **Try a FREE TRIAL of all of our trading tools designed … Read More
Wandering Off The Path
(May 25th 2016) I had a very disappointing day. I Lost money in trades that weren’t part of my pre-market game plan. And I Didn’t make money in the trades I outlined in our AM Meeting. When the day is over and I review my work I’m primarily measuring my results against how I executed on the opportunities that were identified prior … Read More
When To Get Short Facebook
Here is a short video clip from our AM Meeting the morning after Facebook reported earnings. I discuss potential trading scenarios including the most common pattern we have seen in the past offering a good risk/reward on the short side. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. … Read More
When To Buy A Market Pull Back
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 19 years. His email address is: [email protected]. Steven Spencer is currently net long SPY via options
Wait For It–The Market Short (video)
Many traders are anxious about missing their setup. In this video Steve discusses. 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