STEVE- Good evening! I have been enjoying my trial membership to the “Stocks in Play” feature of SMB, and I am considering signing up for the In play/Radar/Chat side of things. I have thoroughly enjoyed the morning meeting’s, and have really appreciated the information put out there. I came to know of SMB largely by reading “One Good Trade”, and … Read More
Forex: It’s Organic!
Ever hear the statement, “The forex market is very technical.” Or how about this one, “Technical analysis works really well in the forex market because it’s more technical than anything.” Usually statements like these come from promoters of indicators or systems that rely on some combination of special oscillators or other proprietary formulas. For someone who is just starting out … Read More
Trading A VERY Large Gap–Trade Review $ANF
Steve Spencer reviews how to approach trading a very large gap in ANF. Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
Free Options Webinar: November 20, 2012 at 5pm EST: Alan Knuckman of Onestopoption.com: Opportunities in Commodities and Futures Options
Tuesday November 20, 2012 at 5:00 PM Eastern Standard Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options … Read More
Spencer Trade Review–$GILD $DHI
Steve Spencer reviews trading opportunities in GILD and DHI from November 12th 2012. Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
Why Choose Just One Pair?
A very frequent question I get from traders starting out is, “Which pairs are the best ones to trade?”. Another subtle example of the conditioning people have accepted from equities trading. Modern Portfolio Theory along with just about every personal finance book and blog has pushed the idea of “diversification”. This means don’t bet on just one instrument, spread your … Read More
Broken wing butterfly nearly maxes out
This post is another in a series that we will be publishing which track the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. Every now and then in trading, you hit a home run. You may not expect it and you certainly can’t count on it. But it definitely won’t happen unless you give yourself … Read More
Coming in to the final hour for the SPX ‘fly
This post is another in a series that we will be publishing which track the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. There’s only a little more than an hour left in the trading day and the expiration of the SPX weekly options, but there’s still plenty of action left in the hypothetical broken … Read More