We are about two months in since the market broke its longer term uptrend. With the break of that uptrend has come a sizable increase in the market’s volatility. There are trading opportunities up the wazoo. But one thing we have noticed about this volatility versus what we saw in the fall of 2008 is the time stocks spend trending … Read More
Free Options Webinar: SMB’s Options Tribe: Today at 5pm EDT: Debit Spreads
Today 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 outstanding veteran options traders and experts in the world of options trading. This … Read More
Following the market’s trend
It is easier to said than done. Once you have found trading models based on psychological pricing, you can identify the markets’ turn at every corner. At certain price levels of the market, the price makes a decision to eliminate the public with a stop out and therefore leads professional traders to identify its accurate way. In order to anticipate … Read More
Free Options Webinar: SMB’s Options Tribe: Tuesday, October 11, 2011 at 5pm EDT: Debit Spreads
Tuesday October 11, 2011 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 outstanding veteran options traders and experts in the world of … Read More
My Apple Memories
1984: my first computer was an Apple IIC given to me by my parents in 8th grade (i was a very fortunate kid) ($1300). i was so excited when i got a 300baud modem having visions of hacking into banks and government installations after having watched War Games with Mathew Broderick 1984: telling my grandfather he should buy Apple stock. … Read More
Free Webinar 10/6: Your PlayBook- Setups that you can make your own
Join us this Thursday for a free webinar with Mike Bellafiore, author of the “trading classic” One Good Trade at 4:15 PM EST. Mike will discuss some trading set ups that you can make your own. More importantly he will focus on the proper thought process for such trading plays. Questions from attendees will be answered at the end of … Read More
New Plays Emerge – SMB Radar Play of the Day $FMCN
Lately we have been posting some very simple Radar setups that can really step up your trading game. Simple, trend following plays that can be very high probability, good risk / reward plays. Today $OCR made a similar set up to the Spencer Special, however didn’t have as many checks as we would like to see. Consolidation wasn’t very clean, the … Read More
Free Options Webinar: SMB’s Options Tribe: Today at 5pm EDT: Short Term Calendar Spreads
Today 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 outstanding veteran options traders and experts in the world of options trading. This … Read More