Start Your Trading Goals for 2017 Now

October 10th, 2016 Wait a minute... we've still got another two and a half months until the end of this year, why are we talking about getting ready for next year? The pro traders on our desk are already preparing their goals for 2017. Proper preparation is a never-ending process that requires you to be thinking ahead. Even the top performing traders know how they can improve and they are making plans for the next month, year, and even 5 years out. After 20 years, even Steve Spencer has found no reason to stop looking for ways to improve. So, back to you. How are YOU going to improve in 2017? Do you need to learn better setups? Do you need to Read more [...]

When A Stock Is Crushed

October 8th, 2016 When a negative catalyst causes a stock to gap lower 20% or more it attracts a lot of attention. Should we look for a bounce? Should we stay short and look for more downside? Here are some things to consider 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] Read more [...]

Why Price Action Analysis is Different than Technical Analysis

October 7th, 2016 Technical Analysis is what you already know. Price action analysis is what you should know. Technical analysis is the study of charts. Looking at patterns with the hope that it will appear again and offer an opportunity to make money. That’s not how you make money trading. Profitable trading is about skill development. Price action analysis is truly understanding the underlying factors that are causing something to happen. It’s a deep awareness of factors that are moving stocks up and down. Price Action Analysis is 1/8th of the SMB DNA program. Apply now to join us for our third SMB DNA Program. It's going to Read more [...]

Find great levels in the S&P 500

October 6th, 2016 This short lesson teaches the concept of using custom-period volume profiles to find great tradable levels. Apply this to your trading on your higher timeframe charts to help frame a contextual framework. Reach out to Merritt at [email protected] if you're interested in learning more about using powerful tools like this. Read more [...]

Fall 2016 SMB DNA Applications Now Being Accepted

October 6th, 2016 We are very excited to announce that applications are now being taken for the Fall 2016 DNA of Successful Trading! The Spring DNA students gave outstanding feedback and we've implemented some huge improvements that we will be letting you know about over the next few days. The program starts in just a few weeks, so take a minute to apply right now. The DNA of Successful Trading has been the turning point for many traders. We are proud of the success that traders are experiencing and hope you plan to join us this fall. Read more [...]

Training On SMB’s Desk

October 5th, 2016 This trader shares his experience training with SMB in-house. Read more [...]

SMBU’s Options Tribe Webinar: Options Tribe Trading Contest Leaders Present Their Winning Options Strategies

October 4th, 2016 Following up on our meeting of last week, this week, Andrew Falde, Alan Wood and Robert Esposito will explain how they have climbed atop the leaderboard in the Options Tribe’s 2016 Options Trading Contest through presenting their personal trading styles and strategies. Read more [...]

Don’t Trap Yourself into Trading Failure

September 29th, 2016 Most traders fail at trading because they are unrealistic about the amount of time it will take to get good and the returns they will earn once they do. That creates a condition where the trader makes a series of mistakes that we cover in this video. We discuss how to avoid those mistakes and start your trading career with realistic expectations. Read more [...]