July 13th, 2011 SMB will be at this event tonight for the release of The Modern Trader from our friends at T3. Here are details for anyone who wants to come by and say hi. Tonight T3 Live will host The Modern Trader book singing release party. T3 Live will be selling signed copies of the book and all proceeds … Read More
My Thoughts Trading Intraday (MCHP)
Here are my trading thoughts for MCHP on the Open. 1) Short below 33.50. Steve, @sspencer_smb, mentioned 33.50 as a level during our AM meeting. MCHP was gapping down below long term support of 34 and impressively overall. Below 33.50 and I started a short position. This was not the easiest play as there was some volatility above and below … Read More
World’s Leading Traders Speak 4 Earthquake Victims
Tuesday, July 12th 2011 For the past two months, the world’s leading traders came together for a live charity event to help victims of the New Zealand and Japan earthquake. All these webinars have been archived and are available to be viewed for those who could not attend. There is so much awesome trading content here! Also, SMB’s Mike Bellafiore, … Read More
Free Options Tribe Webinar Today at 5PM EDT: High Probability Income Positions
Tuesday July 12, 2011 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
I Can’t Sleep So Blog Readers Benefit
I can count on one hand the number of times I have written a blog post that discusses a future move in a stock. The main reason is I reserve my bigger picture trading ideas for the traders on our desk. Also, even if I am confident a stock is setting up for a big swing move, its intraday behavior … Read More
SMB’s Options Tribe Meeting-2011-06-21
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. A few weeks ago Craig presented his approach … Read More
Trading Thought of the Day – July 11, 2011
Trading is a game of probabilities. What you expect to happen will not happen a lot. – Bella