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
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
The Trend: Is it Your Friend or Just an Acquaintance?
We’ve heard it a billion times: The most effective way to trade the forex market is to trade with the trend. Like 80 years ago some fast talking high pants guy probably at the New York Stock Exchange said, “The trend is your friend, seee?” So now what do we do? Find a chart that looks bullish and press the … Read More
Forex Trading Room Recap 10.18.12
In this segment, Marc Principato, CMT, explains why larger time frames are so important to analyze before taking day trades or even scalps. He examines the EUR/USD as well as the S&P 500 futures. — Marc Principato, CMT Risk Disclaimer *No Relevant Positions
We are forgetting one important change in our economy
1. As @jheil said on Morning Joe yesterday, “The Yankees suck.” 2. Are we undervaluing an important positive change to our economy? That being: it has never been better to start a small business. If you talk to some of the biggest HFs in the US they are all preparing uniquely for the US fiscal cliff. Worse yet the perfect … Read More
StockTwits Suggested–$DECK
The lifeblood of a trading desk is the flow of relevant factual trading information. We spend time training our traders from Day 1 on how to gather and share information so we can all make more money. We build tools that pump out important information on In Play names all day. We have a chat room where traders can share … Read More