Posts Tagged ‘ trading education ’

Managing your swing positions/trades better

Aug 16th, 2016 | By | Category: General Comments
  Hi Mike, I met you last 2 weeks at Singapore Invest Fair.  I am deeply impressed with your presentation and your New York traders trading ways. Personally, I am a prop house day scalp traders for Malaysia stock market for 8 years.my performance for the scalp trading is quite consistent and keep on growing. I have a matter need your advice. While my scalp trade is consistent when i go into  for my swing trade on stock market on midterm (few weeks) or longer term (few months) basics for my own capacity.i keep on have the scalp trade mentality even though I have a trading plan for it. When i am having position Read more [...]


Trading A Momentum Reversal–TSLA

Mar 25th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
This past week many traders sought to profit from a short trade in TSLA. Eventually it reversed dropping almost 10% in two days. But it wasn't an easy or simple trade by any stretch. My thoughts on one way to make this trade easier... 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 [...]


Things We See At Market Bottoms

Feb 20th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
What sort of things should we look for at market bottoms? There is a lot of discussion on things we need to see or not see for a market to put in a bottom. I offer thoughts on a few of these in this video. 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] no relevant positions Read more [...]


Thoughts On Trading Tired

Feb 13th, 2016 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
It has been a grueling two weeks. Peak earnings season. Peak bear market. Here are some thoughts on things you can do if felling run down...           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] No relevant positions Read more [...]


Thoughts On Trading A Bear Market–SPY FB NFLX

Feb 6th, 2016 | By | Category: Steven Spencer (Steve's) Blogs
In this video I offer some thoughts for how the market is setting up for the second week of February. If you are interested in our process for finding the best trading setups each day join me for a free webinar Monday February 8th at 4:30PM. 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 NFLX and FB My free webinar for identifying the best trading setups HERE Read more [...]


Trading A Beaten Down Name

Nov 7th, 2015 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
In this video I walk you through a trade in Horizon Pharmaceuticals (HZNP) which has been crushed recently in the Valient Tsunami. We look at big picture price and what various holders may be thinking We break down intra-day criteria and how to use them for trade confirmation or rejection We identify key price levels prior to entering the trade so we are prepared to execute against those levels 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] No Read more [...]


Are You Focused On Your Best Setups?

Oct 15th, 2015 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
Earlier this week Mike Bellafiore asked me to participate in a 30 Days/30 Habits webinar. The idea behind the webinar was to share the best practices that lead to habit formation for the top performers from our trading desk. In true Bella fashion he invited me to co-present with him a few hours before the webinar was scheduled to begin! The two habits I discussed were a pre-market AM Meeting and sharing with your own trading community. As part of the discussion of an AM Meeting I implored our attendees to identify each day if a particular setup stood out among the stocks they planned to trade. One of the hardest things to do as Read more [...]


Trade Review–$DD $ILMN $SRPT $EXAS

Oct 6th, 2015 | By | Category: Steven Spencer (Steve's) Blogs, Trading Lesson
As part of Trader90 we review ideas discussed in the AM Meeting after the market closes. If we repeat the same process of preparation and review each day we are much more likely to achieve consistent trading results. This 10 minute video recaps the trading patterns in each stock and how things played out versus our pre-market discussion. If you are interested in finding out more about Trader90 which includes all of the SMB Tools and mentoring sessions please visit HERE. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has Read more [...]