Rick Martin, lead developer of SMB Systems Trading LLC, will be discussing system trading tools to use in your trading – what they are, how to know if they will work and if you have what it takes to add a computer to your trading and tune them to fit your trading style. Questions from attendees will be answered at … Read More
What is your “move on” trading rule?
I received this review from a mentee after the close: Positives: traded well with the market. basically didn’t get short other than in-play stocks at the Open, didn’t have a short trade after 10:15 when the market established a clear uptrend. would add scalping lots to take advantage of small market leg-ups. good comeback after being down 120 on the … Read More
Free Options Webinar: SMB’s Options Tribe: Tuesday, January 10, 2012 at 5pm EST: An improved version of the Bearish Butterfly Trade
Tuesday January 10, 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 outstanding veteran options traders and experts in the world of … Read More
Goldman Sachs Showing Influence Again?
Identifying short term trading patterns is the lifeblood of professional traders. By patterns I don’t simply mean a simple pattern one might draw on a chart. I am referring more broadly to catalysts that will in turn lead to price action that I can use my trading skills to take advantage. Yesterday Goldman Sachs (GS) downgraded SNDK. This downgrade occurred … Read More
SMB’s Options Tribe: Free Webinar Today at 5pm: Butterflies With Weekly Options
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 outstanding veteran options traders and experts in the world of options trading. This week, Mike Adam, who works with Charlie … Read More
A Way to Find More A+ Trades
I received an end-of-the-year review from a trainee and his list of goals for 2012. It’s a great exercise for every trader and one that is supervised by our floor manager for our trainees. While reading one this norning I stumbled upon an important trading point that we have discussed some, many misunderstand, and might be able to improve your … Read More
SMB’s Options Tribe: Free Webinar Tuesday January 3, 2012 at 5pm: Butterflies With Weekly Options
Tuesday, January 3, 2012 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 outstanding veteran options traders and experts in the world of … Read More
SMB Fundamental #7: Replaying Your Important Trades
Back in early 2006 we established what have become known as the SMB Fundamentals. They are a list of 7 trading principles that SMB believes should be followed for every single trade. Fundamental #7–Replaying your important trades–trades that offered a ton of opportunity—help you mentally prepare and execute at a higher level when faced with a similar trading scenario in … Read More