Trading Lesson
Jun 11th, 2013 |
By sspencer |
Category: General Comments, SMB on TV, Steven Spencer (Steve's) Blogs, Technical Plays, Trade of the Week, Trading Lesson
The price action in TSLA from the past several trading days does a nice job of demonstrating three distinct types of trades. Not all trades makes sense to all traders. But if you can figure out which of these trades fits your personality best and then build a detailed trading plan on how to attack it next time it occurs you can start to improve your consistency.
Trade 1 (May 23): Consolidation Break Swing Trade
Trade 2 (May 29): Momentum Reversal Trade
Trade 3 (May 29-May 31): The Range Trade
If you missed this presentation yesterday, where Steve went over in more detail the execution of these trades, you can watch it now. The cost of the recording is $19.95, with proceeds going to the
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Tags: day trading, trade review, trading education, trading setups Posted in General Comments, SMB on TV, Steven Spencer (Steve's) Blogs, Technical Plays, Trade of the Week, Trading Lesson |
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Jun 10th, 2013 |
By Rose |
Category: General Comments, Steven Spencer (Steve's) Blogs, Trading Lesson
The price action in $TSLA from the past six trading days does a nice job of demonstrating three distinct types of trades. Not all trades makes sense to all traders. But if as a trader you can figure out which of these trades fits your personality best and then build a detailed trading plan on how to attack it next time it occurs you can start to improve your consistency. Most of the experienced traders Bella and I have interviewed over the years who are struggling do not have a well defined playbook and this is the primary cause of their widely varied results.
Trade 1 (May 23): Consolidation Break Swing Trade
Trade 2 (May 29): Momentum Reversal Trade
Trade 3 (May 29-May 31): The Range Trade
Today,
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Tags: consolidation break swing trade, momentum trade, range trade, trading education, trading training webinar Posted in General Comments, Steven Spencer (Steve's) Blogs, Trading Lesson |
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May 22nd, 2013 |
By sspencer |
Category: Steven Spencer (Steve's) Blogs, Trader Development, Trading Lesson
One type of price action that puts me on alert for a hard down move in the market is unusually large gyrations in quick succession. That is what is what we saw during the first few hours of trading today. Points 1&2 on the chart show up and down moves larger than the ATR of the SPY. This type of signalling usually occurs on the daily time frame. For a good higher time frame example check the SPY chart from January 2010.
Point 3. The SPY was at 167.80 and sellers started to take control as the pattern of higher lows was broken. At this time SPY 167 Puts were being purchased.
Point 4. More traders on the desk jumped into the SPY short.
Point 5. The short trade is working
Point
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Tags: SPY, trading education Posted in Steven Spencer (Steve's) Blogs, Trader Development, Trading Lesson |
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May 13th, 2013 |
By sspencer |
Category: SMB on TV, Steven Spencer (Steve's) Blogs, Trading Lesson
In this video snippet from the May 10th morning meeting I discuss a Second Day Play in CLF that was traded the prior day and advise our traders to look for this setup again.
To watch the video please sign up below:
If you would like Steve Spencer's Trade Review videos to arrive directly to your inbox as they become available, please subscribe HERE.
Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is sspencer@smbcap.com.
No Relevant Positions
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Tags: second day setup, second day trade, trade review, trading education, Trading Lesson Posted in SMB on TV, Steven Spencer (Steve's) Blogs, Trading Lesson |
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May 8th, 2013 |
By mprincipato |
Category: General Comments, Marc Principato, SMB Forex, SMB on TV, Trading Lesson
If you missed the most recent Webinar by Marc Principato, CMT on “Our Most Common Trading Setup”, this is your opportunity to watch it. In this 30-minute Webinar, Marc reviewed one of the most common trading setups that we see almost every day and one of many advanced pattern-recognition setups that we teach within our training programs. Please sign up below to get the link to the recording.
--
Marc Principato, CMT,
Risk Disclaimer
*No Relevant Positions
SMB FOREX
Trade on your own scheduleLearn SMB′s Unique StrategyTrade Confidently in 6 Weeks
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Tags: Forex Education, forex free webinar, Forex Mentoring, Forex Training, forex workshop Posted in General Comments, Marc Principato, SMB Forex, SMB on TV, Trading Lesson |
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Apr 29th, 2013 |
By mprincipato |
Category: Marc Principato, SMB Forex, Trading Lesson
In this segment, Marc Principato CMT, reviews a long day trade in the S&P500 CFD. He illustrates his reasoning for initiating, managing and exiting the trade. This is also a good example of how price action analysis can provide additional insight into the intentions of the market.
--
Marc Principato, CMT,
Risk Disclaimer
*No Relevant Positions
SMB FOREX
Trade on your own scheduleLearn SMB′s Unique StrategyTrade Confidently in 6 Weeks
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Tags: forex, Forex Training, market context, multiple time frame analysis, SMB, smb capital, time frame, trader training, trading, trading education Posted in Marc Principato, SMB Forex, Trading Lesson |
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Apr 28th, 2013 |
By sspencer |
Category: Steven Spencer (Steve's) Blogs, Technical Plays, Trading Lesson
In this trade review Steve discusses the multi-day approach to a technical breakdown in AAPL below 419. There will be a followup trade review this week where Steve will discuss the long reversal a position he is currently still holding.
Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is sspencer@smbcap.com.
Steven Spencer is currently long AAPL and short GLD
Try all our trading tools for 2 months
*SMB Radar not included
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Tags: AAPL breakdown, stock training, trade review, trading education Posted in Steven Spencer (Steve's) Blogs, Technical Plays, Trading Lesson |
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Apr 24th, 2013 |
By mprincipato |
Category: Marc Principato, Trading Lesson
In this workshop, Marc showed traders how to utilize multiple time frames in order to decide which side of the market offers the greatest potential and the least amount of risk. This kind of market perspective can make the difference between taking profits quickly or giving the market more of a chance to realize a greater potential. If you missed this presentation, please sign up below to watch the recording.
Risk Disclosure
Tags: Forex Education, Forex Training, SMB Forex Posted in Marc Principato, Trading Lesson |
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Apr 16th, 2013 |
By mprincipato |
Category: General Comments, Marc Principato, SMB Forex, SMB Video Blogs, Technical Plays, Trading Ideas, Trading Lesson
Marc Principato examines the technical conditions of the S&P futures, EUR/USD, GBP/USD and AUD/USD. He also offers some insight as to which way these instruments are going for the rest of the week. Please sign up below to watch the video on this week's analysis.
--
Marc Principato, CMT
Risk Disclaimer
*No Relevant Positions
SMB FOREX
Trade on your own schedule
Learn SMB′s Unique Strategy
Trade Confidently in 6 Weeks
Click here for a free trial of our chatroom
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Tags: conventional trader, emotion, forex, Forex Training, market context, multiple time frame analysis, process, psychology, Routines, SMB, smb capital, time frame, trader training, trading, trading education, uninformed Posted in General Comments, Marc Principato, SMB Forex, SMB Video Blogs, Technical Plays, Trading Ideas, Trading Lesson |
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Apr 16th, 2013 |
By Rose |
Category: Mike Bellafiore's (Bella's) Blogs, Trading Lesson
Please join Mike Bellafiore, author of the “trading classic” One Good Trade, on Thursday, April 18th at 4:15PM EST for the free Webinar series, The PlayBook. This week, Mike will discuss what you should focus on during earnings season.
Register for this FREE Webinar
As always Mike will take questions and encourage participation.
Attendance is capped at 500, so make sure you register early. Also, if you would like to get in touch with us, send us your ideas for upcoming Webinars. We’d love to hear from you.
Tags: the playbook, trading earnings season, trading education Posted in Mike Bellafiore's (Bella's) Blogs, Trading Lesson |
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