Today, Options Tribe member Nir Sheep presents for the first time, to discuss his fascinating approach to VXX trading.
Free Video Series for Systems Trading
We are preparing to develop a series of free videos on the topic of Systems Trading. Systems are applicable for equities, options, futures, and forex traders. They can be as simple as a set of guidelines for entry and exit — or as complex as a fully automated black box. Our focus with SMB Systems is to accelerate your process … Read More
Maximizing Profits in Apple Trades
Friday presented an excellent risk/reward long setup in Apple. It had been sold aggressively for three straight days after having reported another record breaking quarter. The magnitude of the sell off was similar in size to what we saw in late February but the speed with which it occurred was far more dramatic. Thursday’s low about $11.50 from the after hours and … Read More
Andrew Falde’s TEA 2.0 Indicator is Coming Soon
TEA 2.0 is Coming Soon… And yes, it will still be completely free. Be sure that you’re on the list to get the announcement when Andrew Falde’s updated indicator will be released. TEA 2.0 will be streamlined and easier to read. The directional signals are calculated exactly the same; however the updated indicator is easier to read because it separates … Read More
The education of a trader: The PlayBook
mikebellafiore In my second book, The PlayBook, I advocate archiving a favorite setup from each trading session. After each close, choose a best setup from the session that fits your trading style. Reverse engineer the variables of that trade. Archive this trade in a comprehensive format, perhaps like the SMB PlayBook. As traders we should build from our strengths, … Read More
Covered Calls are Not all They are Cracked up to Be (SMBU Daily Video)
In our SMBU Daily Video, learn more about Covered Calls. In this video from Seth, you will learn: Covered calls are not all they are cracked up to be They limit upside while hardly reducing the downside of an equity play. They may have a serious tax flaw that is often overlooked. We hope this video helps your trading.
The Education of a Trader: Trading on Tilt
Our friends at Tradeciety.com asked: How do you deal with emotions in your daily trading? What are your tips and suggestions that help you avoid, if possible, making emotional and psychologically caused trading mistakes. @MikeBellafiore Trading on tilt is the 800 pound gorilla on every trading station. On our desk today there were a few desk slams in this $FB, Facebook, … Read More
SMB meeting traders in Chicago
A quick note to share that I will be in Chicago Monday April 11 and 12 meeting traders. Our firm backs discretionary and automated traders, offering proprietary technology and assuming all capital trading risk. We trade stocks, options, futures and automated trading. SMB, in its JV with Kershner Trading Group, also teaches traders from scratch to consistently profitable, who fit … Read More