I am hanging out at the beautiful jblu terminal at jfk. In one hour I will be taking off for sunny west palm beach. I decided to participate in one last am meeting prior to my vaca. Most of the stuff I highlighted were strong stock consolidating near highs. Two of them, aapl and rimm, dropped key support prices from … Read More
SMB Morning Rundown – February 22, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Breaking Your Keyboard
I know that when you trade it’s best to stay calm. And busting your keyboard is not keeping cool. I get and have blogged that you make poor trading decisions when you are not in the zone. But having sat on a prop desk the past 12 years of my life I have heard and seen many smashed, broken, and … Read More
Second Reading the Tape Seminar
SMB would like to thank everyone for their recent interest in our free SMB Training Reading the Tape Seminar. Due to extraordinary demand and limited space we were unable to invite all who expressed interest in our last seminar. But I have some good news! This Saturday 2/20/10 at 11 AM we invite you to attend a free Reading the … Read More
SMB Morning Rundown – February 19, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Mental Flexibility Is A Prerequisite…
Yesterday our Best AM Idea was to short AMZN for a potential 4-6 point downside move. AMZN had failed to participate in the tech rally during the last week and seemed to be setting up for some serious downside. I got short at 117 and caught about 1.5 points of downside. The volume wasn’t great so I was somewhat suspicious … Read More
SMB Morning Rundown – February 18, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Insights from Brian Shannon: 10 Lessons for Traders
Brian Shannon of www.alphatrends.net and @alphatrends was our special guest speaker yesterday. During a busy week of trading, the NYC Trader Expo, and meetings, SMB was grateful that our good friend found some time to talk with our desk. It was a lecture not to be missed. Thank you, Brian! Here are ten things that I learned from Brian’s … Read More