If is is hard to buy a stock on the bid at the prices you want this can be a very bullish tell. – Mike Bellafiore
Spencer Asks: Are You Overvaluing Past Trading Successes?
As traders we want to believe for the most part we are making rationale trades from a risk to reward perspective. At SMB we ask ourselves “if I make this trade 1,000 times will there be a positive expectancy?” If the answer is yes then we make the trade. If the answer is no then we don’t make the trade. … Read More
Options Tribe (Video)
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 meets online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of options trading. Yesterday, we demonstrated a unique approach to butterfly adjustments, … Read More
Options Tribe Volatility Presentation: 5PM EDT on Tuesday , July 5, 2011
Options Tribe – July 5, 2011 Tuesday July 5, 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 … Read More
Trading Thought of the Day – July 1, 2011
On low volume holiday trading sessions, do no harm. – Mike Bellafiore
So Simple Yet Missed By So Many
I have been inspired to write a quick post from a tweet sent out earlier from @apextrader. He mentions that he got long YOKU around 32.50 and that it has gone back up but been a fairly bumpy ride. Why did he make that trade? And why are so few able to execute this trade? YOKU recently was beaten down … Read More
