In three trading days we moved from a range bound low volatility market to an environment of fear and chatter of market collapses. It is more difficult to predict price patterns when extreme volatility and fear are in play versus when the market is more subdued and market participants actions can be more easily anticipated. As traders we move into a “move to move” mentality … Read More
The Opening Drive Play
In our SMBU Daily Video, learn about opening drive plays. In this video from Mike Bellafiore, you will learn: How to express your trading ideas in the opening drive How intraday fundamentals can indicate the direction of the stock The difference in a day trade and a swing trade We hope this video helps you improve your trading skills. * … Read More
Learning to Take a Loss
In our SMBU Daily Video, we discuss losing trades. In this video from Seth Freudberg, you will learn: What percent a general loss on an options trade is The key to being a good options trader How to take losses The importance of analyzing losing trades We hope this video helps you improve your trading skills. * no relevant positions
Big Swings Aren’t Over Yet… “Keep Trading!”
Several of the traders on our desk had their best day ever yesterday. If you were in the Trader90 Real Time Audio during the opening drive, then you heard some of the most exciting 30-45 minutes of the year. The mantra throughout the excitement was… “it’s not over… KEEP TRADING!” Isn’t this why you trade? To not be dependent on … Read More
Friday Game Plan Review–SPY, CRM, FB, AAPL
Friday was an interesting day for me. We had a large down move Thursday followed by a large drop in overnight futures. When we see this sort of price action we immediately shift our AM Gameplan to a discussion of market related ETFs as with more volatility they offer the least risk with good upside. We also want to look … Read More
Options Diversification
In our SMBU Daily Video, learn about vehicle diversification in options trading. In this video from Seth Freudberg, you will learn: How to diversify your options trading Why options traders pick indexes Is diversification really possible within one market Why applying similar strategies to correlated indexes might not work We hope this video helps you improve your trading skills. * … Read More
Cash Flow Trading
In our SMBU Daily Video, learn about cash flow trading. In this video from Steven Spencer, you will learn: How to take advantage of ranges Why cash flow trades can lead to larger gains How Steve traded the recent range in $TWTR We hope this video helps you improve your trading skills. – SMBU Team * no relevant positions
What are your 5 best trades?
In our SMBU Daily Video, learn why you should focus only on your best trades. In this video from Mike Bellafiore, he discusses: Where you should place your risk Why professional traders often need to reevaluate their trading How one of SMB’s traders made his quarter in a play he trades well We hope this video helps you improve your … Read More