Before the Open we hold an SMB AM Meeting to discuss the most promising stock patterns of the day. During the intraday we share the best stock patterns with our desk with SMB Real Time. The SMB Radar is a tool we built that scans for our favorite stock patterns. During the midday we discuss trade patterns with our new … Read More
S&P 500 Where is the Top?
The S&P has recently come off all time highs. What bullish and/or bearish scenarios are possible this week? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
How Focusing on Doing the Right Thing Helped This Trader
As a trader our job is to do the right thing. Below is an example of a developing trader who saw improvement by embracing this mindset. Bella, Since today was the last trading day of the month, I decided to briefly explain my progress during October. I took a lot of notes during this month, and found some bad habits … Read More
Confirmation Bias and Trading
******One blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading is David Blair, The Crosshairs Trader. Below is his latest post for the SMB Trading Community. We hope you enjoy!****** — Editor’s note — When it comes to trading, enhancing our performance inside the charts requires an awareness of various “outside the … Read More
How Do You Add To Your Trade?
Our trainee Petr shares a trade he took in GBP/USD. Great example of how to add to a position. Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
A Fireman’s 2nd Day Trend Trend Trade (FSLR)
We received this e-mail from an SMBU Blog reader. We hope you enjoy. So I had my first PlayBook trade today (that is, an A+ setup that I had previously seen and wrote a detailed Playbook entry for and now I actually traded it …) The trade was a Second Day Play with Trend Trend characteristics that breaks out over pre-market … Read More
SMB Midday Recap (11/01/13): $QUNR
In today’s Midday Recap, Steven Wang discussed a momentum trade for a new stock, QUNR, which opened for trading today. You can access the video by signing in below. No relevant positions
Trade Review: $FTNT, $TKR, and $BA
*****Editor’s note: Here’s the latest post by Jake Huska, who is a college student working on his trading game.***** With earnings right near their peak, there have been many opportunities for the intraday trader. Earnings season will start to wind down in the next two weeks, so enjoy the increased volatility in individual stocks while it lasts. In this post … Read More