Join us this Thursday 4:30PM EST for a Free SMBU Webinar: The Two Best Trades Working in this Market. Steve Spencer will discuss his favorite setup, The Money Trade. I will discuss my favorite trade. Click here to attend the event. Learn new setups Hosted by SMB Partners Steve Spencer and Mike Bellafiore Q&A until all questions are answered Entries … Read More
Lesson 4: The Interaction Between Process and Psychology
In the ongoing series “Seven Lessons I’ve Learned”, we come to Lesson 4. We recognize that we are trying to make the best decisions possible and that we some kind of process and discipline to guide our efforts. On the other hand, we need to get the mental game right to achieve true peak performance, just like with any activity … Read More
Trading a Secondary
In this trading lesson Steve discusses trading secondaries. A secondary occurs when company insiders sell shares generally priced below where the stock has recently been trading to entice institutional investors to purchase. $CDW recently sold 15 million shares at a 3.2% discount which set up for a great trade. Enjoy the video! no relevant postions
The Idiot Trade in American Airlines
In this SMBU Trading Lesson of the Week video Mike discusses: 1) An idiot trade he made in American Airlines 2) How to make an idiot trade into a constructive learning experience 3) The importance of taking notes of your trading during the day 4) Don’t be so hard on yourself as pro traders make mistakes as well You can … Read More
Lesson 3: You Need A Process of Your Own
Continuing the series on Seven Lessons I’ve Learned, we will explore Lesson 3: A process and methodology of your own are what make you a long-term winner. As we have seen in the past two lessons, trading well is mostly a product of making good risk/reward decisions in the face of stress. The markets can do what they’re going to do … Read More
SMBU’s Options Tribe Webinar: Jared Levy of Profitabletrading.com: The power of vertical spreads in playing directional ideas
December 9, 2014 Today, Jared Levy returns to the Options Tribe to discuss his approach to using vertical options spreads to play his directional viewpoints. SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar — the Options Tribe — … Read More
Options Trading for Income with John Locke for December 1, 2014
No relevant positions Risk disclaimer
Trading Analyst Upgrades and Downgrades
On the Open I saw an analyst downgrade trade opportunity. You could hear this on our desk: Me: Why is this AGIO down? Me: Anyone see anything other than the JP Morgan downgrade in $AGIO (Agios Pharmaceuticals)? All I saw on my news wires was this: You could hear more from me on the desk: Me: Anything coming across Bloomberg … Read More