Your Option for a better trading life……together (SMBU Options Tribe) 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—during which veteran options traders and experts in the world of options trading share live presentations. Next Wednesday, in … Read More
SMB AM Meeting Recap: $EA and $TWTR
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 $EA and $TWTR. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, … Read More
FREE Options Webinar: Anne-Marie Baiynd of Thetradingbook.com: Trading Options Through Earnings Using Chart Formations
Your Option for a better trading life……together (SMBU Options Tribe) 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—during which veteran options traders and experts in the world of options trading share live presentations. Next week, Anne-Marie … Read More
Options Trading for Income with John Locke for May 5, 2014
No relevant positions Risk disclaimer
Looking To A Higher Time Frame: DDD
Last week I changed my bias in DDD from bearish to bullish. This video clearly explains my reasoning. This video serves as a trading lesson but also as an “after action” report. The second video from our AM Meeting previewed potential price action the day following DDD’s earnings release. The second video is from our AM Meeting where I shared some … Read More
Enhancing Trader Performance: Understanding The Perils Of Overconfidence
*****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 We have all been there. We develop a new edge, test it with a few trades, make money on these trades, believe … Read More
Transactions Costs and Slippage
When running algorithmic back tests, it’s important to always include reasonable transaction costs and slippage assumptions. Here’s a quick example of how a seemingly great strategy can fall apart quickly when you leave these two critical factors out of the study. This is a simple range bound strategy for SPY that is setup to trade during the typically quiet mid-day … Read More
Formulating A Trading Plan: $YELP
In this morning’s AM Meeting I discussed a recent shift in my approach to trading momentum stocks as we have seen signs that bottoms are forming. In the second half of the video I share my intra-day trading plan for YELP: where it made sense to get long based on recent price action as well as a potential failure area … Read More