The most frustrating time in your career is losing money on proven set ups. It’s not you, it’s Me New traders grind out losing trade after losing trade because they want to be disciplined but they simply don’t have the experience to realize it’s actually the market and not the strategy. When is a consolidation a continuation pattern and when … Read More
PlayBook Checkup: Opening Drive – Consolidation Above VWAP $K
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about … Read More
SMB AM Meeting Recap: $GIMO on April 8, 2014
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 $GIMO. 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 Via Habit Development
*****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 For stock traders a habit is nothing more than taking a well defined trading edge- let’s call it a process- and following that process … Read More
Rewiring Our Brains For 2014 Trading
Steven Spencer, Partner SMB Capital & SMB U, is presenting a free webinar on Monday April 7th, 2014 at 4:30pm ET. Steven will be discussing trading setups that have worked well in 2014 thus far. Including a discussion of shorting high beta stocks on retracements to prior failure areas. Click here register for this webinar. No relevant positions.
Free Signal for SPX
This coming Tuesday — April 8th — I’m going to speak to members of the SMB Options Tribe about the importance of having a pre-determined reason to reduce or remove risk from positive theta positions. In the heat of the moment, its hard to concentrate and make objective decisions. Having 50 years of market statistics behind your decision process makes … Read More
SMB AM Meeting Recap: $P
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 $P which played out just as he thought they would. Steven Spencer is the co-founder of SMB Capital and SMB University … Read More
Enhancing Iron Condor Returns
In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains his approach to carefully improving the return potential on iron condors. Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is a program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads … Read More