The SMB Trader Community Survey

November 14th, 2016 We're excited to offer to you a unique survey opportunity. You see, most surveys are designed to collect information from you. This survey is designed to provide valuable insights to you! Here's how... after you participate in the Trader Community Survey, you will receive a copy of all the collected responses to the first seven questions. Additionally, on December 1, 2016, Mike Bellafiore will teach a free online seminar to share important insights and solutions to overcome the challenges and successfully realize the opportunities that both retail and professional traders face in 2017. During the seminar, Mike will reference Read more [...]

How to Develop a More Reliable Trading System

November 9th, 2016 In this video, Andrew Falde shares some of the common elements that several professional traders at our firm share when it comes to developing trading models and strategies that continue to work in the real world. * no relevant positions Read more [...]

Come meet SMB and StockTwits at StockTwits Future Forum

November 8th, 2016 This month come and join SMB and StockTwits for their newly launched event series, StockTwits Future Forum, sponsored by SMB. The topic of discussion is State of the Markets.  Mostly, SMB will introduce the main players in options, futures, stocks, automated trading from our desk, with whom you can chat trading one-on-one. Seth Freudberg, will be there from SMB Options to discuss income options trading, powered by KTG. Merritt Black, will be there to chat intraday oil futures trading and how our sister company, SMBU, might help you. Hopefully our head quant will be back from his vacation to join us for those interested Read more [...]

The first test for a new trader

November 4th, 2016 You get hired for June on a trading desk. You take The Foundation, a 6 week course.  You learn everything you didn't learn in school, the internet, blogs, cable TV (just kidding), your uncle, and/or trading gurus about the markets necessary to place professional trades. Then it's on to Trader Development where for the next 6 months you experiment with different trades, build a PlayBook, find your niche, build habits of best practices, attend mentoring sessions, watch trading film, share notes with fellow traders, learn to leverage technology thru filters, scanners and autotrading.  You are expected to show an edge in Read more [...]

Boring old habits

November 3rd, 2016 Ray Allen, former NBA basketball great and UConn alumn, penned a letter to his younger self with the advice: stick to your boring old habits.  He wrote movingly: You’ll win a championship in Boston. You’ll win another in Miami. The personalities on those two teams will be different, but both teams will have the same thing in common: habits. Boring old habits. I know you want me to let you in on some big secret to success in the NBA. The secret is there is no secret. It’s just boring old habits. What would boring old habits be for your trading? That list might include: Get to bed before 9:30PM Read more [...]

Which Options Model Are You Relying On?

November 3rd, 2016 Every week, options traders like you are sending in questions like one of these: Which options model should I use? Which modeling software is more accurate? Why are my Deltas different than yours? To best answer that question, we should leave the theoretical world and move into the real world... Several of the top performing options traders on our proprietary trading desk have a few things in common: Several of our top traders can manage their trades with any Greeks model. Their strategies have positive expectancy because of risk control and could be managed effectively using any of the popular options Read more [...]

SMBU’s Options Tribe Webinar: Manoj Agrawal of Optionpundit.com: Calendar Spread Options Strategies for consistent income

November 3rd, 2016 This week Manoj Agrawal makes his debut appearance on the Options Tribe. He will be discussing his approach to calendar spread trading in this webinar. Read more [...]

[Recording] SMBU’s Options Tribe Webinar: Renowned Trading Coach and Author, Dr. Brett Steenbarger: Best Practices of The Most Successful Traders

November 3rd, 2016 Dr. Brett Steenbarger, world renowned trading coach to some of the largest hedge funds in the world and author of multiple trading classics returned to the Options Tribe to share his observations on the practices of the most successful traders that he has encountered. Read more [...]