Tuesday February 28, 2011 at 5:00 pm Eastern Standard Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options … Read More
Trading Is All Psychology
The following news was released after the market closed. 16:31:20 FDA Panel Votes 20-2 In Favor of Approval For Vivus’ QnexaVivus, Inc. (NASDAQ: VVUS) received excellent news on Wednesday as an FDA advisory panel has voted 20-2 in favor of approving the company’s weight-loss drug Qnexa. The panel’s decision is non-binding, but it is highly likely that the FDA will follow … Read More
February 22nd Gameplan Review
SMB Capital Stocks In Play Call Review. Each morning before the market opens we discuss the stocks that we believe will offer the best risk/reward trading opportunities intraday. Today’s review featured GRMN, MOS, NFX, MGM, DELL, INTU. February 22nd gameplan Steven Spencer is the co-founder of SMB Capital and SMB Training and has traded professionally for over 15 years. No … Read More
Reminder of the Q&A Session with Mike Bellafiore
Please join us this Thursday February 23rd at 4:15 pm EST on a Q&A session with Mike Bellafiore,author of the “trading classic” One Good Trade. Mike will be hosting a question and answer session for traders. Come and ask him whatever you are most curious about. What is his favorite set up? What is his trading style/philosophy? Why did he start SMB … Read More
Paying Attention to the “How” of Trading
Welcome to my first post on the SMB Blog. My first encounter with the team was reading Mike Bellafiore’s One Good Trade—and thinking that it was one of the best books ever written on trading. Most people who write about trading are trying to tell you what they do and how to become more like them. What makes SMB’s work … Read More
Bias Flexibility
One of the stocks highlighted during today’s Stocks In Play call was GILD. It had gapped lower on Friday to 43 but then trended higher to Open around 46. It spent the rest of the day trading between 46 and 47.20. There was quite a bit of accumulation around 46.50 and it never traded below the key 46 support. Based … Read More
Free Options Webinar: SMB’s Options Tribe: Today at 5pm EST: Credit Spreads using Linear Regression Analysis Part II
Today at 5:00 pm Eastern Standard Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options trading. This week, … Read More
The Big Picture Trend-Video Archive
The theme for Steve Spencer’s 2012 Webinar Series will be “Do The Right Thing”. On the first Webinar of the year, Steve discussed several recent trading setups and how following a higher time frame trend can make you more money and cause you less heartache. As short term traders it is easy to flip back and forth betwen 1, 5 … Read More