Options Tribe – July 5, 2011 Tuesday July 5, 2011 5:00 pm Eastern Daylight 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 … Read More
Want to Make it as a Trader?
Guest Post from Fred Barnes This musing on intraday trading may come off as a bit harsh and simplistic, but I think subconsciously maybe that is what I intended when I decided to pen this piece (initially as an email to a few traders friends). Here’s the premise for this piece: trading is “blue collar” work. If you want to succeed … Read More
Trading Thought of the Day – July 1, 2011
On low volume holiday trading sessions, do no harm. – Mike Bellafiore
So Simple Yet Missed By So Many
I have been inspired to write a quick post from a tweet sent out earlier from @apextrader. He mentions that he got long YOKU around 32.50 and that it has gone back up but been a fairly bumpy ride. Why did he make that trade? And why are so few able to execute this trade? YOKU recently was beaten down … Read More
SMB Radar Update for June 30, 2011
The Strong/Weak Today column ranks stocks based on the price change relative to the stock’s opening price. These stocks tend to have strong/weak opening drives and continuation moves. The idea here is to find opportunity in the strongest/weakest stocks in the market. When looking through the column, we always take note at how In Play the stock is to gauge … Read More
SMB Morning Rundown – June 30, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.