In our SMBU Daily Video, learn more about conditional orders.
In this video from Andrew Falde, you will learn:
How to set up conditional orders to control your risk when you aren’t at your screen
How to plan your trades for different scenarios and automate for each
Learn what qualities to look for in a stock, ETF, or Index that make sense for conditional order placement
We hope this video improves your trading.
SMBU Team
SMB receives approximately 5,000 applications each year to trade for the firm. As you can imagine, it’s nearly a full time job to sort through 400+ new applications each month. Of the thousands that apply each year, the net acquisition of new traders that go live with the firm is less than 50. That’s right… Less than 1% of applicants … Read More
Options traders like you have been telling us for years what they want to achieve in their trading. Strangely enough, they don’t ask us to show them trades that make bigger profits. Nor do they ask for risk-free trades. The word we hear most from options traders is consistency. Who wouldn’t want to be more consistent, right? However, we believe … Read More
In our SMBU Daily Video, learn what can set you apart from other traders.
In this video, Mike Bellafiore will discuss:
What qualities make a trader stand out
Fitting in with other traders
Why you shouldn’t reinvent the wheel
We hope this video helps you improve your trading skills.
– SMBU Team
Today, Seth Freudberg will be presenting a modified version of the iron condor trade known as “the weirdor”. This will be the first time that this particular version of the Weirdor has been presented on the Options Tribe
With RUT accelerating to new highs and the SPX lagging — is there an opportunity for a mean reversion pairs trade? I believe so. The probabilities are high for mean reversion. But, the danger of a mean reversion trade is the possibility of being too early. That is where options can give us additional edges. With options we can “lean” one way … Read More
BABA reported solid earnings in early May causing it to gap above 85. On Friday I got long at 85.20 with a stop below 84.50. If it can close above 87.50 next week I would be willing to hold it for a longer term move back into the 90s. Sellers are in control right now so I could get stopped … Read More
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
