Today, Andrew Falde returns to the Options Tribe to discuss his approach to trading iron condors in a less stressful way. It should be an interesting presentation given the popularity of the iron condor strategy with positive theta options traders
An Automated Trading Lesson
In our SMBU Daily Video, learn more about automated trading. In this video from Andrew Falde, you will learn: Learn to use relative strength to have positions that are ready for changes in the market. How to use options to take advantage of different market conditions and limit risk. See how sector analysis can help you find long, short, and … Read More
The Pros and Cons of and Keys to Scalping
Hi Mike- Just wanted you to know that you made a huge impact on my trading this afternoon. I listened to your video “The Playbook”. Your statement — “I am too old to be doing scalping” –hit me over the head like a sledgehammer. WHAT???????? So-I was thinking..if Bella is too old for scalping, then so am I. (Darn! … Read More
Only A Few Make It In This Game
Trading is no different than any performance related field. Many try to make it but few succeed. The other day I wrote a blog Post titled “A Dramatic Shift In Price Action”. It dealt with the stock EYES and a very distinctive change that could be identified on its longer term chart. Today, I received the following question on Stocktwits from … Read More
Things Have Certainly Changed (SMBU Daily Video)
This is our human interest video of the month. In this video I explain how I got started as a trader and what it was like when I first began. Things have certainly changed… I also discuss starting SMB and how we have adapted, changed and evolved as a firm. I hope you find it interesting. Enjoy our SMBU Daily … Read More
A Dramatic Shift In Price Action
A large part of traders’ decision making is based on processing information visually. A few days ago I posted “Open Your Eyes” which shared a daily chart for the ticker $EYES. I asked for feedback from our community on which part of the chart was most significant. Check the comments section of the post for some good sharing. When I … Read More
Enhancing Trader Performance: Does Headline News Matter?
Every day we see the financial media outlets attempt to explain the day’s market action, usually with a headline pointing to a particular event or supposed market moving event that details THE reason the market moved in one direction or the other. The headlines often change from open to close depending upon the day’s action, as the market can be up for one reason in … Read More
Eight Weeks To More Mindful Trading
The topic of mindfulness has exploded in popularity in the broader public. Meditation and meditative activities like yoga are seemingly everywhere, building on the runaway success of books like Eckhart Tolle’s The Power of Now. This whole interest in mindfulness has only just started to filter through into the world of investing and trading, where I think that it can … Read More