Thursday, June 9, 2011 Adam Grimes will share some specific entry and trade management techniques around bigger picture technical structures. Swing traders will find these ideas immediately applicable to their trading, but daytraders will be able to adapt some of these concepts as well. Success usually depends on trade management more than the actual entry spot, so the focus will … Read More
Finding Yourself as a Trader
One of our options trainees recently asked me if I thought it was wise for him to model his trading style after my own personal trading approach. It was a legitimate and intelligent question and it deserved a thoughtful reply. I recently tweeted a great article by Charles Kirk, which is exactly on point to this question. In the article … Read More
Directional Indicators That are Not TOO Wrong
One of the great things about options trading is that you can make a directional bet, be wrong, and still make excellent money on a trade. As many of my closest relatives are fond to point out how wrong I am on so many life issues, it is a comfort to know that there is a way to trade options … Read More
SMB Radar Update for June 2, 2011
These are today’s top stocks on the In Play column on the SMB Radar. This is the most important function of the scanner. The Radar uses a number of proprietary algorithms on a prescreened universe of stocks and processes every tick in search of finding stocks that are In Play. These stocks have unusually high order flow that indicates heavy … Read More
Three Days In One
Those who follow the markets closely have heard the expression countless times “the market takes the escalator on the way up and the elevator on the way down”. This simply means that markets tend to go down in price a lot more quickly than they go up. Today the SPY eliminated three days of gains in one massive down day. … Read More
Radar Alert: Price Spike in JNPR
This is a trade I made today in JNPR. At 1:14 and 1:15pm the Price Spike Alert went off for JNPR on the Radar. At this point I was involved in a few other names so couldn’t follow it too closely, however once the extreme Price Spike (they are ranked) went off, I knew I had to focus on it. … Read More
Options Tribe
Tuesday, June 7, 2011 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 week a Tribe member will demonstrate his … Read More
Free Webinar – How to trade an IPO – An example in YNDX
Thursday, June 2, 2011 Gman will be talking about how to trade momentum in an IPO right when it opens and once it settles in that first hour of trading. Tape will be shown about trading into a position in YNDX, a recent IPO. Title: How to trade an IPO – An example in YNDX Date: Thursday, June 2, 2011 … Read More