Watch SMBU Trading Conversations where professional traders discuss what’s happening in today’s market conditions.
Join SMB’s Options Desk
In our SMBU Daily Video Seth discusses the importance of finding a group of traders to trade with. Many options traders are isolated from other options traders because of their geography This isolation causes traders not to get exposed to new ideas to enhance his or her skills as options traders Joining an options trading community provides a solution to … Read More
SMBU’s Options Tribe Webinar: Options Tribe Member Dan Davis: How I Trade Iron Condors
This week Options Tribe Member Dan Davis makes his debut presentation on the Options Tribe to discuss his specific approach to trading iron condors.
Earnings Season in Full Swing!
Only four times a year do we get the opportunity to participate in some of the biggest moves individual stocks will experience during the rest of the year. To take full advantage of these opportunities, the work often starts the night before and hours before the market opens. What is your process to prepare for trading these opportunities before the … Read More
Trading Idea to Optimized Portfolio Backtest: A Guide
Andrew shows you an example of taking a signal idea and quickly documenting a series of tests. The entire process took a few hours and represents 15 years, 120+ stocks, and 10s of thousands of back trades. * no relevant positions
Losing Less on Bad Days
What’s your number? In this video Mike Bellafiore discusses why it’s so important to know what your stop-loss number is when you’re down on the day. Traders spend too much time trying to turn a bad trading day into a break-even or positive day. They don’t spend enough time on learning how to turn a positive day into an even … Read More
Backtesting is Way Different from Live Trading
Backtesting is necessary to develop a system but not sufficient to prove YOU can make money. In this video Seth Freudberg discusses: Mid-prices not easy in fast market Testing software data may be imperfect Mid-price may be a distortion—synthetic equivalent may be more accurate. Multiple trades means you may not be attending to the one being tested. Emotion—do you have the strength … Read More