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
Trade with Distinction in Best Buy
I love to short stocks whose margins are under pressure. This is a news catalyst that can bring new selling and shorting. Margins are how much a company makes on the product they sell. If they make less per item then their core business will become weaker generally. The only way to offset this is with increased volume. But … Read More
Embrace Progress: You Can Be Better Tomorrow Than You Are Today! (video)
The other week I presented at #Stocktoberfest the @Stocktwits event masterminded by @howardlindzon. My presentation was titled: 8 Ideas from the Prop Desk to Improve Your Trading. Below is the final part of the video series. In this video Mike shares a philosophy that drives his firm: 1) You can be better tomorrow than you are today! (his personal mantra and … Read More
Trader’s Ask: I’ve got a family and a full time job—how can I trade for financial freedom?
Hi Seth, I am a 51 year old man from Florence, Italy and I want to learn options trading for financial freedom. During the last five years I have day traded futures…… I am having mixed results. A couple of years ago I started to study the Market Profile ( Jim Dalton’s approach to auctions in the financial markets). I am … Read More
The Impact of Dividend Cuts on Stock Trading (Seadrill Case Study)
In the premarket Seadrill, an offshore driller, announced it was suspending its dividend as this headlines shows: This is news of changing fundamentals in a stock that gets my attention. When a company suspends its dividend many shareholders HAVE to sell as that offering no longer fits their investment strategy. Further the suspension of a dividend signals financial weakness in … Read More