Trader Sam asks: “Dear Sir: Allow me to ask a question about options, as I am a new trader: I have heard that delta neutral strategies are the best approach to trading options but I have less than $6,000. in my trading account and my broker’s margin requirements make it impossible for me to trade iron condors, butterflies and other … Read More
Free Options Webinar Today at 5PM EDT. The Options Tribe: Iron Condors using SPX Index Options
September 6, 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 options … Read More
How Bad Do You Want It?
Traders must be ready to become great. Being an elite trader must be important enough to you so that you do the work required to be special. Your mentor, your firm, your institutional bank or hedge fund cannot make you into a great trader unless it is important enough to you. I had a private conversation about a very good … Read More
SMB Radar – Snapshot
Here is a look at a few of the columns I use on the SMB Radar, as of today’s close. Notice a lot of blue today which means institutional activity was minimal. Also note that the In Play list has a lot of IPR’s with readings below 3.00. Regardless, I still like to sift through these after the close as … Read More
Free Options Webinar: SMB’s Options Tribe Today at 5pm EDT: A unique approach to butterfly spreads
Tuesday August 30, 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
SMB Radar Update – Miners Weak Today
The Weak Today column ranks stocks based on the price change relative to the stock’s opening price. These stocks tend to have weak opening drives and continuation moves. When looking through the column, we always take note at how In Play the stock is to gauge the validity of the move (Bright Red to Dark Blue). Today there have been … Read More
Forex Trade/ Our risk reward
Before entering a trade, we should know what is our return based of our risk. Taking risk is the price of achieving returns; therefore you cannot cut out all risk. It is not completely true about the fact of an investor who takes on more Risk expects higher Returns. In the picture below, you can see the risk involved with … Read More
Free Options Webinar Today at 5PM EDT. The Options Tribe: An approach to Iron Condors
Tuesday August 23, 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