Next Monday, Andrew Falde will be presenting a webinar for traders that are interested in developing and testing trade ideas on years of market data in minutes – without learning how to program. In this one hour webinar you will see live examples and learn enough to immediately begin finding market edges on your own. The webinar is free but … Read More
Options Trading for Income with John Locke for June 8, 2014
Weekly Update! M21 Webinar Replay! No relevant positions Risk disclaimer John Locke – www.lockeinyoursuccess.com
SMB AM Meeting Recap: $SPY
In this short video, Steve discusses a stock from this morning’s AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $SPY. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and … Read More
The Trading Opportunities Ahead
Mike Bellafiore, author of One Good Trade and The PlayBook and Co-Founder of SMB, offers his State of the Markets in this video below. Bella shares how he characterizes this market. Bella discusses the trading opportunities for the remainder of 2014. These remarks are taken from Bella’s presentation as Chairman for The Trading Show Chicago 2014 last week. What trading … Read More
Shorting The SPY (And Living To Write About It)
I initiated a pre-market short in the SPY on Thursday June 5th at 193.50. I added to the position as it popped to 194 following the ECB announcement of some monetary stimulus. It was the first time I had shorted the SPY in about six weeks. The risk on the trade was about 40 cents from my average entry and … Read More
How Do You Start Trading Without A Methodology?
Starting out in trading and investing can be a daunting challenge. Surveying successful traders, they will give you advice like “You need a methodology that works”; “You need a style that’s all your own”; “you have to find your own way”. That’s great, but when you are just getting started, you’re probably wondering how you’re going to make any money. … Read More
HFT Silliness
We received this question from an SMBU reader: Hello Mike, I have a question regarding Move2Move trades, since the trade moves quickly do you find it is better to “Hit the Bid” then to go on the offer? Thank you so much! @mikebellafiore A Move2Move trade is generally a scalp trade made by an intraday trader. You see a stock … Read More
SMB AM Meeting Recap: $TIBX
In this short video, Steve discusses a stock from this morning’s AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $TIBX. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and … Read More