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 trading. This week, Mike Bellafiore, author and founding partner of … Read More
Forex Trading: Less Fighting More Fishing
Much of the time when you read about trading, many use metaphors that refer to competition or war. You will often hear phrases like, “the forex arena”, “bulls battling the bears”, “you compete with the best and brightest minds in the world”. This is convenient and filled to the brim with conflict (we love drama just watch the news). What … Read More
SMB Forex Trading Room Recap 10.23.12
In this segment, Marc Principato, CMT explains the the difference between the two kinds of patience a short term trader must have in order operate effectively. There is the patience of waiting to get in and the patience of waiting for a target. — Marc Principato, CMT Risk Disclaimer *No Relevant Positions
Free Options Webinar: Tuesday October 30 at 5pm EDT: Randall Liss—Three Dimensional Options Trading
Tuesday October 30, 2012 at 5:00 PM Eastern Daylight 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
The Chicken or the Egg?
Hi Mike, First of all, I want to thank you for being such a great mentor. I’ve learned so much by reading SMB Capital blogs. I’m currently working a full time job as a Mechanical engineer and have taken trading four years ago, fascinated by this machine we call Mr Market. Obviously due to my day time job, I consider … Read More
Spencer’s Trade Preview $CAT $SPY – 10.22.12
In this 1 minute video Steve explains his thought process with respect to trading CAT when the market opens. Key levels are discussed with price targets. In this 2 minute video Steve discusses recent price action in the SPY and key levels to watch in the next few days. Steven Spencer is the co-founder of SMB Capital and SMB University … Read More
Forex Introducing Brokers: Bad or Value Add?
Ask most new forex traders if they know what an introducing broker is and the answer you get is usually a blank stare. If you want to get somewhere in any business, it really pays to be familiar with even the smallest of details. In the retail forex business, understanding the role of your forex broker can affect what strategy … Read More
The Apple Story
There have been very competent traders discussing signs of weakness in AAPL since it failed at 680ish. And since then there have been several excellent swing shorts AND swing longs. The price action has loosened up as the debate continues on where it should be priced coming into its earnings release this week and after its disappointing Iphone 5 release. … Read More