The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Morning Thoughts 12/22/10
Good morning traders, I am on semi-vacation this week so I will keep these comments very short and to the point. In fact, I’m writing this at 2AM, so I am just going to publish bullet points and will revise if anything significantly changes before the open. Some of these thoughts maybe be from a macro perspective and may be … Read More
The Evolution of a Trading Answer (Part II)
Yesterday we examined a trading question from one our remote trainees here. When faced with such a question often a trainee wants an answer ASAP. And for me certainly it would take less time if I just offered the answer to trainees and moved on with my day instead of asking them questions, letting them struggle for the answer, and … Read More
SMB Morning Rundown – December 21, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Evaluating your trading results (part 2/3)
Warning: very detailed and technical blog ahead, but if you are an active trader and not keeping really good records, maybe this post will help you.
Oh—-The Pain!
During today’s morning meeting we discussed some of the recent reversals we had seen in stocks that were trying to push through longer term support. We took a look at reversals that had recently occurred in MON and WYNN. Both stocks attempted to drop longer term support last week but failed. So I suggested that UAL might be a good … Read More
The Evolution of a Trading Answer (Part I)
Recently I was sent this question from one of our SMB Training trainees: On day 10, you show a video about flipping in SLM. When watching the video I could understand your thought process of entering and flipping based on looking at the tape. Nonetheless, what I could not understand when watching the video is your thought process when wanting … Read More
SMB Morning Rundown – December 20, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.