Trade Review–WMT HD SPY

The top In Play names this morning: WMT was my focus as the lowering of FY19 guidance was potentially a very strong catalyst. Early indications from pre-market trading were many traders were attempting to dump the stock ahead larger selling that would come after the opening bell. You can see my discussion of WMT in the AM Meeting here. With … Read More

Exciting Opportunity for Futures Traders

This Friday 4:15 PM EST, Merritt Black will be sharing How You Can Join Our Futures Team. Add the link below to your calendar so you will be ready to join us and learn how to earn a fully-backed futures trading account in as little as 15 days. Merritt will be taking questions live and sharing all the ways that SMB Futures … Read More

Meeting traders in Chicago next week because you ALWAYS trade with stops

This was a bittersweet week for traders on the Street. The sweet? We saw one of our top traders post three 200k days.  In one week, he made nearly as much as his best month ever.  His goal of making 8-figures in a year became more of a reality. Our options desk struggled.  They shorted volatility and got stopped out.  … Read More

The Black Shirt

There is a Green Shirt that hangs on the wall of our trading floor.  You earn the Green Shirt for posting 1m net in trading profits. And then there is the Black Shirt.  For that a firm trader must earn north of 2m in net profits. The firm challenged the trader above, a Black Shirt recipient for 2017, approximately 4 … Read More

SMB at TradersExpo NYC- Feb 25-27

I will be presenting at the TradersExpo in NYC, which you can attend from Feb 25-27. I will be presenting on a panel spearheaded by my friend John Netto- Profiting in the New Market Ecosystem. I will also be presenting: Two Trades Working Best in Current Market Conditions. We offer a unique perspective to those who attend.  We are a … Read More