Trading confidence is resiliency in the face of disappointment. – Dr. Andrew Menaker
Man v Machine—(Spencer v SMB Algo)
SMB has been working on building out a systems trading desk for about a year. At the heart of this effort is a series of algorithms that detect changes in momentum and trend. From these algos we have developed various strategies. One of the cool byproducts of this process will be the creation of some pretty awesome tools to enhance … Read More
Katz’s Korner: Do Traders Need More Testosterone?
I received this email from a new trader: You’re probably already aware of this correlation between testosterone and performance as it relates to trading. It’s interesting to consider though as direct empirical evidence for the notion that Division I athletes have a proclivity to be good traders, e.g., Adam Guren. It’s something I tried to keep in mind when I … Read More
Trading Thought of the day – June 21, 2011
Trading is looking into the mirror on steroids. – Dr. Andrew Menaker
SMB Morning Rundown – June 21, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
PNC – SMB Radar Trade
Without much going on with earnings plays lately, I have been using the Radar a lot more on the open than usual. Typically I wait until my ideas for the open have played out, then I’ll scan through the Radar around 10:45 – 11:00 am. Recently a lot of my ideas don’t really move on the open, so if I … Read More
Expiration Friday: Unveiling the Dramatic Conclusion of Pinning Trades in GOOG and AAPL
On Friday we followed Options Tribe member Craig Wasserman’s thought processes and analysis as expiration Friday proceeded. Craig had been watching AAPL and had become convinced that it was going to pin to 320. He reached this conclusion around 12:30 PM EDT. Craig entered an AAPL 320 iron butterfly trade shortly after making his call on the pinning strike of … Read More
Win a Signed Copy of One Good Trade
Monday, June 20th, 2011 Today through the market close on Friday, visit SMB Capital’s Facebook page and “Like Us” to be entered into a drawing to win a signed copy of Mike Bellafiore’sOne Good Trade.