normally i don’t blog during trading day but unusual circumstances…we failed right at the level i tweeted pre-market around 193. great spot to short and many traders did. sellers now in control and that only changes if we break the downtrend moving back above 190. a hold above 190.50 would give us a chance to close in the 191.50-193 level … Read More
How We Navigate High Volatility Markets
Every morning in the Trader90 AM meeting, Steve Spencer gives you a rundown of what’s in play and how to trade the market that’s in front of you. This video is a quick sample of what you could be getting every morning as a member of Trader90… Join SMBU Trader90 Now >> 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
Making Your Visualizations Better
Making Your Visualzations Better
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
The Anatomy of A Selloff—Netflix
Netflix has been the #1 momo stock for the past few years. Recently, its ascent began to accelerate at an unsustainable pace. When a stock begins to behave like this it is time to look for low risk high reward entries on the short side. Here are a few things you can look for as clues when to open the … Read More