Entering a Bearish Butterfly Late in the Trading Cycle

smbcapitalFree Daily Trading Video

In this video, Seth Freudberg talks about entering a bearish butterfly late in a trading cycle. Sometimes options traders, for capital reasons, are forced into entering options trades later than normal. This video discusses a way to enter the bearish butterfly strategy later than its prescribed start date. This approach takes advantage of the basic premise of the bearish butterfly–that … Read More

Must I time my trades properly?

BellaGeneral Comments

Mike, I just joined SMBU and I’m half-way though all the lectures and I like it a lot. Bluntly,  I’m a piker.  I’ve failed numerous attempts at trading and blown through a lot of money…. I’m trying to apply your best set up/idea concept to his strategy>  the best example can be the BABA trade on 5/25/16.  SEC investigation into … Read More

The trade that propelled one trader to start winning

BellaGeneral Comments

I have been there. Failing and looking for a way to break out as a trader. I first did back in the late 90′s with one setup- The Relative Strength Trade. Our newest High Performing Trader was there and found a way to break out as a trader. He trades almost exclusively one setup. That one setup has propelled his … Read More

Wandering Off The Path

sspencerSteven Spencer (Steve's) Blogs, Trading Lesson

(May 25th 2016) I had a very disappointing day. I Lost money in trades that weren’t part of my pre-market game plan. And I Didn’t make money in the trades I outlined in our AM Meeting. When the day is over and I review my work I’m primarily measuring my results against how I executed on the opportunities that were identified prior … Read More