General Comments

Can Negative P&L be a Good Thing?

Apr 10th, 2014 | By | Category: General Comments, Seth Freudberg's Blogs, SMB Options, Trader Development
In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains how negative P&L in an options trade can surprisingly be a good thing. Enjoy the video! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. For more information on this program contact Seth Freudberg: sfreudberg@smbcap.com. Risk Disclosure No relevant positions Options Learn options Read more [...]


Why do Proven Trade Ideas Suddenly Stop Working?

Apr 8th, 2014 | By | Category: General Comments
The most frustrating time in your career is losing money on proven set ups. It’s not you, it’s Me New traders grind out losing trade after losing trade because they want to be disciplined but they simply don’t have the experience to realize it’s actually the market and not the strategy. When is a consolidation a continuation pattern and when is it a change of trend? How do you know when taking quick momentum type profits is the right play versus holding a swing trade? How to Adapt and Profit When the Market Changes You can’t get on the same road a week from now and drive the same. The traffic is different. Last Read more [...]


Enhancing Trader Performance Via Habit Development

Apr 7th, 2014 | By | Category: David Blair, General Comments, Guest Blog, Trader Development
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note For stock traders a habit is nothing more than taking a well defined trading edge- let’s call it a process- and following that process until it becomes almost involuntary.  The process can then enable the trader to enter and exit trades with as little emotional turmoil as possible.  The trader thus becomes a machine if you will.  The following is a collection of articles focused Read more [...]


Rewiring Our Brains For 2014 Trading

Apr 4th, 2014 | By | Category: General Comments

Steven Spencer, Partner SMB Capital & SMB U, is presenting a free webinar on Monday April 7th, 2014 at 4:30pm ET.

Steven will be discussing trading setups that have worked well in 2014 thus far. Including a discussion of shorting high beta stocks on retracements to prior failure areas.

Click here register for this webinar.

No relevant positions.



Enhancing Iron Condor Returns

Apr 3rd, 2014 | By | Category: General Comments, Seth Freudberg's Blogs, SMB Options, Trader Development
In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains his approach to carefully improving the return potential on iron condors. Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. For more information on this program contact Seth Freudberg: sfreudberg@smbcap.com. Risk Disclosure No relevant positions Options Learn options spread strategies for Read more [...]


PlayBook Checkup: Uptrend Continuation after Strong Opening Drive ($AOL)

Apr 2nd, 2014 | By | Category: General Comments, Trader Development, Trading Lesson
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about a trade she made in $AOL. We hope you enjoy this PlayBook video. (You can also get access to all the PlayBook Checkups here.) You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Read more [...]


Your Head is Fine But Your Strategy Stinks

Apr 1st, 2014 | By | Category: General Comments
One of our very bright new traders asked to chat about trade psychology. He feared his needed help and wanted to seek my advice on a trading psychology coach. Many of our traders work with psychology coaches. The results are often very positive. I asked the trader to stop by my office for a chat to see if his issues were one of psychology or strategy. It turned out they were issues of strategy. Bella: Why do you think your issues are psychological? Trader: I have trouble holding my conviction trades. I tell myself to hold them no matter what and then I end up cutting them. Bella: You will not sell your positions no Read more [...]


The Stock of the Day: $BIOF

Mar 31st, 2014 | By | Category: General Comments
In this short video Steve discusses $BIOF, a stock from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in-play and likely to have second-day moves. Turns out $BIOF was a huge mover off the $4.00 level Steve had mentioned in this morning's AM Meeting. You can get more calls like this on a daily basis by tuning into the meeting. 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 18 years. His email address is: sspencer@smbcap.com. Steven Spencer Read more [...]