Last week Leo Selya conducted a Webinar overview on SMB’s summer College Traders training programs. If you’re still not sure what you want to do this coming summer, you might want to watch this video, and you can do that by submitting the form below.
#1 Thing Critical to a Trader ‘s Success
Trading is tough. But what if you could skip the fluff and focus on what really matters? Through the power of internet, I’ve asked 6 successful traders What is the #1 thing that is absolutely critical to a trader ‘s success? Here’s what they said.. (with zero mention of technical indicators or fundamental analysis) Jon Boorman Jonboorman.com – @JBoorman I … Read More
Ask Anything: A System to Increase Your Trading Risk
I have been trading on my own since March and after a few weeks of consistent results, I decided to increase my sizing and expand my Playbook with newer and different intraday plays. Despite the fact that I have the impression that my trading skills is improving, my results in terms of P&L have deteriorated. Should I go back to … Read More
Steven Spencer Interview with Hamaha.net – Part 2
In our SMBU Daily Video, watch Part 2 of Steven Spencer’s interview with Hamaha.net, a popular Russian trading site. View Part 1 Here This interview will discuss: Major changes that occurred in the market over the past years Market Maker programs that determine liquidity How disciplined traders thrive when the market volatility picks up The patterns developing in today’s market Enjoy … Read More
Join us for beers and trading talk this Thursday (NYC)
Join Dr. Steenbarger and SMB at our NYC beers and trading talk event this Thursday. From Dr. Steenbarger at his blog TraderFeed: As posted earlier, I am organizing a craft beer get-together for NYC area traders a week from Thursday (May 21st) at 5:00 PM. We will meet up at the tasting room of the Whole Foods on Columbus Circle … Read More
Should I Get Short Wal-Mart?
In this short clip from the SMB AM Meeting I discuss Wal-Mart’s earnings and a potential fundamental short catalyst. In these scenarios we come up with a thesis and look for price action confirmation. If you think this sort of overview and game planning can be helpful in your trading sign up for a tools trial below. Steven Spencer is … Read More
Mastering Market Orders in Options Trades: A Comparative Guide (RUT vs. IWM)
Limiting risk is critical to the long term success of your trading. Every strategy has a downside. Every trade is subject to having you on the wrong side of a big move. It’s important to have a plan to keep that risk in check. Some options strategies have built in risk. Meaning there is no way to lose more than … Read More
Tesla Revisited
Last Sunday I posted this long term chart on TSLA suggesting the coming weeks could present significant upside for the stock. My thought process was the gap fill following the earnings report would serve as a potential catalyst for further upside on the stock. The short interest continues to be very high. My “best case” is the 265 area where it had put … Read More