This SMBU Daily Video teaches a lesson on equities trading and is given by Steve Spencer, Managing Partner at SMB. From this video you will learn: If you continue to chase stocks, eventually you will get burned. Pro traders can get away with chasing sometimes. It takes 5 good trades to make up for one poor chase. We hope this … Read More
Stock Selection and Game Planning
My morning game plan has helped me navigate some tricky situations over the years. Some days my energy isn’t great due to a poor night’s sleep or maybe I’m just a bit under the weather. Having a clear repeatable methodology each morning allows me to be a bit off but still pull some money out of the market (or avoid larger losses). … Read More
SMBU’s Options Tribe Webinar: Andrew Falde: How to Trade Iron Condors.. AND Sleep at Night
Today, Andrew Falde returns to the Options Tribe to discuss his approach to trading iron condors in a less stressful way. It should be an interesting presentation given the popularity of the iron condor strategy with positive theta options traders
An Automated Trading Lesson
In our SMBU Daily Video, learn more about automated trading. In this video from Andrew Falde, you will learn: Learn to use relative strength to have positions that are ready for changes in the market. How to use options to take advantage of different market conditions and limit risk. See how sector analysis can help you find long, short, and … Read More
The Pros and Cons of and Keys to Scalping
Hi Mike- Just wanted you to know that you made a huge impact on my trading this afternoon. I listened to your video “The Playbook”. Your statement — “I am too old to be doing scalping” –hit me over the head like a sledgehammer. WHAT???????? So-I was thinking..if Bella is too old for scalping, then so am I. (Darn! … Read More
Only A Few Make It In This Game
Trading is no different than any performance related field. Many try to make it but few succeed. The other day I wrote a blog Post titled “A Dramatic Shift In Price Action”. It dealt with the stock EYES and a very distinctive change that could be identified on its longer term chart. Today, I received the following question on Stocktwits from … Read More
Things Have Certainly Changed (SMBU Daily Video)
This is our human interest video of the month. In this video I explain how I got started as a trader and what it was like when I first began. Things have certainly changed… I also discuss starting SMB and how we have adapted, changed and evolved as a firm. I hope you find it interesting. Enjoy our SMBU Daily … Read More
A Dramatic Shift In Price Action
A large part of traders’ decision making is based on processing information visually. A few days ago I posted “Open Your Eyes” which shared a daily chart for the ticker $EYES. I asked for feedback from our community on which part of the chart was most significant. Check the comments section of the post for some good sharing. When I … Read More