How To Identify A Long Term Bottom–Twitter

sspencerSteven Spencer (Steve's) Blogs, Trading Lesson

In this video I discuss the process by which Twitter formed a long term bottom in 2016. This lesson has broad applicability for traders/investors attempting to catch larger moves (30%+) in the stock market. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 20 … Read More

Characteristics of Champions (Traders)

BellaGeneral Comments

In the video below, Michael Phelps’ coach, Bob Bowman, presents the Characteristics of Champions. As traders we can learn from this talk to help achieve our goals. Coach Bowman breaks down success into three steps: 1) Visualize your goal 2) Develop a plan/routine to achieve your goal 3) Execute on your plan What is your goal as trader? Make it … Read More

When I heard the learn’d trader

BellaGeneral Comments

    When I heard the learn’d trader, When the proofs, the figures, were ranged in columns before me, When I was shown the charts and diagrams, to buy, sell, and short them, When I sitting heard the trader where he lectured with much applause in the lecture-room, How soon unaccountable I became tired and sick, Till rising and gliding … Read More

A Macro Trade That Is Working

sspencerSteven Spencer (Steve's) Blogs

Rarely if ever do I develop a trading thesis that involves macro analysis and a time horizon greater than a few months. But through conversations with pro traders with experience in the energy sector and reading a few excellent analyses on the oil sector I came to view oil as a great risk/reward long trade from the high $30s up … Read More