This coming Tuesday — April 8th — I’m going to speak to members of the SMB Options Tribe about the importance of having a pre-determined reason to reduce or remove risk from positive theta positions. In the heat of the moment, its hard to concentrate and make objective decisions. Having 50 years of market statistics behind your decision process makes … Read More
SMB AM Meeting Recap: $P
In this short video, Steve discusses a stock from this morning’s AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $P which played out just as he thought they would. Steven Spencer is the co-founder of SMB Capital and SMB University … Read More
Enhancing Iron Condor Returns
In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains his approach to carefully improving the return potential on iron condors. Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is a program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads … Read More
SMB U Trading Lesson of the Week: When to Exit Winning Trades
Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about a SMB Trading Lesson of the Week on when to exit winning trades. Mike discusses a situation where a trader thought he needed a trading psychologist. Turns out it was just an issue with his trading strategy. Enjoy the video! You can be better tomorrow … Read More
Analyzing PlayBooks: Uptrend Continuation with $AOL
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about … Read More
SMB AM Meeting Recap: $NFLX on April 2, 2014
In this short video, Steve discusses a stock from this morning’s AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $NFLX. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and … Read More
Members-Only Options Webinar: Andrew: Minimizing Large Losses in Your Options Trading
SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Next week, Andrew returns to the Options Tribe to discuss his techniques for … Read More
Your Head is Fine But Your Strategy Stinks
One of our very bright new traders asked to chat about trade psychology. He feared his needed help and wanted to seek my advice on a trading psychology coach. Many of our traders work with psychology coaches. The results are often very positive. I asked the trader to stop by my office for a chat to see if his issues … Read More