ORCL reported disappointing earnings after the Close on June 17th. The next morning it traded lower before rallying back $2 with the market. I had two reasons why I thought it would roll over again the next day. One, I believed the large market rally the prior day was the primary driver of its bounce from 41 to 43. Two, after large … Read More
Why Netflix Was A Short Today
Netflix has been on quite a tear since they reported strong earnings in April trading higher by more than $200. But for short term traders who each day look to trade lower time frame trends NFLX offered a good short setup Friday morning. These are some factors I considered prior to sharing the setup in our morning meeting. Netflix had a huge … Read More
More Risk Doesn’t Always Mean More Reward
In our SMBU Daily Video, learn how you can get lower risk with higher reward. In this video from Seth Freudberg, he discusses: The myth that higher risk means higher return Average return an options trader can make The benefits of managing your own money We hope this video helps you improve your trading skills. *no relevant positions
Ask Anything: Tape Reading
In our SMBU Daily Video, learn more about tape reading. In this video from Mike Bellafiore, you will learn: Five Important variables to think about when trading The importance of having a catalyst behind your trade How to confirm the directional move in the stock you’re trading We hope this video improves your trading. *no relevant positions
Short Term Trading Strategies
In our SMBU Daily Video, learn about short term trading strategies with edge. In this video from Mike Bellafiore, you will learn: Strategies that are working well in the current markets Which strategies are becoming more prevalent across markets worldwide We hope this video improves your trading. *no relevant positions
3 Ways to Generate Better Trading Ideas In Less Time So You Can Focus on Executing Your Best Opportunities
Do you struggle to find good trade setups? Or maybe you have more ideas than you know what to do with? In this free video series, we’ll take a look at 3 ways to get better at generating good ideas.
Making Predictions as a Short Term Trader
Wall St. economists and big bank analysts often make inaccurate forecasts on stock prices. Short term traders predict price action more accurately because: Short term traders look at catalysts and current price action We understand how market participants will act to different types of catalyst and trade accordingly Predictions are for a shorter time frame We constantly reevaluate our trading thesis I hope this … Read More
A Low Risk Entry For A Long Term Breakout–FEYE
Since the beginning of the year FEYE had been consolidating between 38 and the mid 40s. It has had a lot of positive news flow this year but had many failed breakout between 45-46. I made a conscious decision not to get long in the mid 40s until it cleared all resistance for the year on heavy volume. On May 28th … Read More