Yesterday I wrote a blog on how to use the ideas from others to add to your trading game. At SMB we share a lot of what we do so others can learn. Yesterday a Reader took exception to something that we have shared, our best AM idea. I had something that worked for me, but I have lost my conviction … Read More
Discovering Purpose Beyond Profit & Loss: A Trader’s Journey to Building a Community
From Guest Blogger Fred Barnes of The Downtown DC Day Traders…………. The inspiration to pursue an endeavor can come from a myriad of sources such as the lyrics in a song, a scene in a movie, or even from a blog. The latter being my source. It was July 2010 when I read the following words in a blog: “If … Read More
SMB Morning Rundown – March 7, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
SMB University – Corey Rosenbloom on Market Structure
Corey Rosenbloom explains the structure of the trading day. Learn more of what Corey has to offer, through his site Afraid To Trade. Cory Rosenbloom – SMB University from SMB on Vimeo.
A Point of Clarification
We teach our traders/trainees/community to start thinking about the markets as we do. We make decisions based on three factors: Reading the Tape, Intraday Fundamentals, and Technical Analysis. We ask our desk to find the Stocks in Play. We ask our desk to trade intraday. It is our belief that this is the best way for a new and developing trader … Read More
Crazy Cramer
I think one of the things that served Jim Cramer very well while he was a hedge fund manager was his mental flexibility. He could blog at 8:00AM how he loved VZ, but by the next day he could talk about how it was a piece of garbage. Many people thought he was crazy for changing his mind so quickly … Read More
Corey Rosenbloom to Appear on SMB University
Corey Rosenbloom, Certified Market Technician, from Afraid to Trade will be appearing on SMB University this Sunday at 8:30pm EST. He will be discussing the market structure of the day. Be sure to tune in!
We Are All So Different
It’s funny… we had a webinar yesterday and it demonstrated how many different ways there are to look at the markets. We are intraday traders yet there are so many distinct ways to intraday trade. Trade with the trend. Fade. Scalp. Momo trade. Swing trade. Slow movers. Stocks that sprint. Moving averages. No moving averages. Charts. Some charts. Reading the Tape. … Read More