Every morning in the Trader90 AM meeting, Steve Spencer gives you a rundown of what’s in play and how to trade the market that’s in front of you. This video is a quick sample of what you could be getting every morning as a member of Trader90… Join SMBU Trader90 Now >> No relevant positions.
New Insights For Swing Traders
SMB is often thought of as primarily a day trading firm. However, over the years we have expanded our playbook to include a diversified set of strategies and tactics. Some of these strategies include options, order imbalances, statistical arbitrage, automated trading, and position trading. The SMB Virtual Trader Floor is an exclusive and proprietary platform for traders to interact with … Read More
How to Buy a Stock that Already Went Up 20% in 4 Days
Early today we posted the awesome setup in AMBA. Here’s another trade that Steve Spencer talked about before the market opened. ACAD has been a high flyer lately. Many developing traders run into a psychological barrier when it comes to long ideas on stocks that have already risen 20% in a few days. Here was Steve’s take pre-market End result… … Read More
Live Example of How to Find the Best Trading Opportunities Each Day
Each day our firm broadcasts an AM meeting to cover the best opportunities that we see in the market. This meeting occurs in the minutes prior to the opening bell. What you don’t see in this meeting are the countless hours of preparation from earlier that morning and the night before. The traders at our firm work tirelessly each day … Read More
The Negative Drift of VXX
VXX has been a hot topic on the desk at SMB during the recent increase in market volatility. If you aren’t aware, the VXX is an exchange traded note (ETN) issued by Barclays that has the objective of following the cost of owning implied volatility. The biggest challenge with owning implied volatility is that implied volatility has a limited shelf … Read More
What it Takes to Go Live at Our Firm
SMB receives approximately 5,000 applications each year to trade for the firm. As you can imagine, it’s nearly a full time job to sort through 400+ new applications each month. Of the thousands that apply each year, the net acquisition of new traders that go live with the firm is less than 50. That’s right… Less than 1% of applicants … Read More
How a Real Trader Uses SMB TOOLS
As a subscriber to SMB real time, I found the tools in this package to be an important part of my trading preparation and day. Selecting stocks very in play use to take so much effort, the scanner has cut that time by 75% and eliminates researching the essentials such as volume, ATR, % float short…all that is on the … Read More