Trading Lesson

Don’t Fade This

Jun 11th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
In last week's video I discussed getting long the market into weakness when a trading range has been established. Today's video discusses a set of conditions in which to not make this sort of trade.   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 short SPY Read more [...]


When Buyers Are In Control

Jun 4th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
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 for short term traders and investors** Read more [...]


The Technology Assist

Jun 1st, 2016 | By | Category: Free Daily Trading Video, Steven Spencer (Steve's) Blogs, Trading Lesson
Steve discusses how he uses technology in his process to help him keep track of and execute trades. 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 [...]


Wandering Off The Path

May 26th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
(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 to the market Open. To give you a sense of the opportunity that was available today I will share the written portion of my morning game plan, and then break down a few stocks based on their price action and key S/R levels. The first two stocks in the game plan are CSC and HPE. They were involved Read more [...]


When To Get Short Facebook

May 8th, 2016 | By | Category: General Comments, Trading Ideas, Trading Lesson
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. He has traded professionally for 20 years. His email address is: [email protected] no relevant positions Read more [...]


When To Buy A Market Pull Back

May 6th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
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 Read more [...]


Wait For It–The Market Short (video)

May 1st, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
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 Read more [...]


My Trading Thesis Was Wrong

Apr 16th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Ideas, Trading Lesson
In this video I walk you through the process of developing a trading thesis and how to identify when you are wrong. 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 long STX Read more [...]