In our SMBU Daily Video, Mike Bellafiore shares two pitfalls to avoid with your trading. In this video you will learn: What we look for when hiring new traders Which trades result in huge losses for experienced traders How to gain news edge We hope this video helps you improve your trading skills. – SMBU Team * no relevant positions
Netflix Reported Earnings–This is What Happened Next
I have been trading “momo” stocks for almost two decades. What makes stocks like NFLX, TSLA and FB so enjoyable to trade at times is the almost monolithic behavior of their large investors. This behavior greatly increases the risk/reward for short term trading setups. That is why I always spend time covering these stocks in detail in our AM Meeting … Read More
3 Reasons to Pairs Trade with Options
Pairs trading is a market neutral strategy that focuses on the correlation of two instruments rather than pure direction. For example, you may want to be long $GOOGL and use a short $QQQ position to offset your systemic risk. Or you may see the relative weakness of $IWM and look to trade it long against a short $QQQ position for … Read More
A Look Inside a Proprietary Trading Firm
In our SMBU Daily Video, learn the ins and outs of a proprietary trading firm. In this interview with David Rabello and Mike Bellafiore, you will learn: What we look for in new traders Our interview process Mike’s goals for new traders What risks prop firms take on How the prop model works The relationship between the trader and firm … Read More
Iron Condors Strike Selection (SMBU Daily Video)
In our SMBU Daily Video, learn about Iron Condors. In this video from Seth Freudberg, you will learn: What exactly an Iron Condor is How it can benefit your trading in a defined trading range How to select a strike price for an Iron Condor We hope this improves your trading. – SMBU Team * no relevant positions
SMB’s Recruiting Process (SMBU Daily Video)
In our SMBU Daily Video, learn about our recruiting process. In this interview with David Rabello and Mike Bellafiore, you will learn: What we look for in new traders Our interview process Mike’s goals for new traders What our 5-week training program entails We hope this video improves your trading. – SMBU Team * no relevant positions
Netflix Revisited
Netflix traded significantly higher in the after hours following the release of its earnings report. The one item that really stood out for me was the EPS. Despite a revenue number that was basically in line they were able to report an EPS significantly higher than expected. And more importantly they guided the EPS much higher for next quarter. What … Read More
How to Buy a Stock that Already Went Up 20% in 4 Days
Early today we posted the awesome setup in AMBA. Here’s another trade that Steve Spencer talked about before the market opened. ACAD has been a high flyer lately. Many developing traders run into a psychological barrier when it comes to long ideas on stocks that have already risen 20% in a few days. Here was Steve’s take pre-market End result… … Read More