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
Some Help for the Impatient Trader
Greetings from Singapore. Today is my last day here in the new gateway to Asia. I have a day packed full of some more learning meetings and then take a 2:30 AM flight to Johannesburg, South Africa. I arrive in JNB, will shower and then head to meet some top South African traders. I have been tasked to talk about improving … Read More
I feel like I will never make money again
I don’t know what’s wrong with me the last three days but I am not trading up to par. It’s much more eye opening when the market is actually decent and others around me are making money. I’m disappointed (to say the least) by today but I didn’t do anything fundamentally wrong at first. I even made money initially. I … Read More
Am I Trading Well?
One of the ways I evaluate my trading is by checking to see if I got back in a stock after being stopped out. As a pro trader I think risk first and profit second. Many times I will be stopped out of a position that trades through my stop price only to see it later reach my ultimate profit … Read More
Free Options Webinar: SMB’s Options Tribe: Tuesday, February 21, 2012 at 5pm EST: Credit Spreads using Linear Regression Analysis Part II
Tuesday February 21, 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
Higher Time Frame Webinar Primer
The market has changed a lot in the past few years. When Mike and I started SMB the market was in the early stages of an 18-month uptrend that led to an incredible momentum based trading market late ’07 and ’08. The most important skill by far during that time was being able to read the tape. You had to … Read More
The March Bearish Butterfly Trade Update–Time is our friend as the $RUT stalls out
This post is the third in a series that we will be publishing over the next several weeks, tracking the hypothetical performance of the bearish butterfly trade as it would have been handled according to our guidelines contained in SMB’s Bearish Butterfly Video Series. As of our last writing , the $RUT index closed at 828 and the trade was … Read More