You mention, “Stocks in Play” a number of times. At the risk of sounding a bit green, I suppose this means stocks that have enough volume and movement to make it worthwhile to trade, correct? If this is the case, I’m wondering why you don’t trade the S&P emini? Maybe you do, but I haven’t heard you mention it yet … Read More
Two Lessons from an Improving Trader
Hi Mike, I just wanted to take the time to say thank you. A friend of mine recommended your book ‘One Good Trade’ (so much so he had ordered it for me insisting I read it) and it has not only helped my trading in so many ways, but has also been very inspirational! If you don’t mind, a little … Read More
Recording: Andrew: Buying Long Options Using Market Signals
Andrew presents how he trades long options using his new open source indicator that finds trend entries and exits. Enjoy the video! Risk Disclaimer no relevant positions
Finding and Increasing your Trading Edge
One trader on our desk offers a best practice to emulate. This trader had been gross negative 3/4 past months prior to June. He is a hard worker, focused on the markets, disciplined and well-trained. He is one of the guys who can make it. Yet, while I wouldn’t say it was a large deal that he was not yet … Read More
SMB AM Meeting Recap: $GWPH
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 $GWPH. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and … Read More
Enhancing Trader Performance: Easy Is Not Necessarily Better
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note “My Aunt lived to be 100 smoking 2 packs of cigarettes a day since she was 18; therefore, smoking is not bad … Read More
Why I Got Long Bed, Bath & Beyond ($BBBY)
In a raging bull market there aren’t a lot of spots to put money to work on the long side that offer good risk to reward. BBBY gapped lower Thursday for the third time this year bringing it within striking distance of important longer term support and around 30% from its high. My thought process was that many large managers … Read More
GoPro ($GPRO) Momentum IPO Trade
Mike Bellafiore, author and co-founder of SMB Capital and SMBU.com highlights a Momentum Trade opportunity in the IPO GoPro (stock symbol $GPRO) with our college training class. Some Highlights: Mike explains the buy signal for this momentum trade. Technical levels in IPOs just one trading day old are significant. Understand this is a momentum trade which has little to do … Read More