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 on October 5, 2010
Good morning traders. Market continues to trade in the range I have been highlighting over the past few sessions. I am not really expecting a major break until the start of earning season when the market has some fresh catalysts. In terms of my trading strategy I am have been focusing on inlay stocks as these are the most likely … Read More
Critical Feedback: ACN
I would like to spend some time reviewing how ACN traded on Friday October 1st. The big picture in this stock was they had reported their earnings and raised guidance going forward. The initial reaction to the news was that it popped in the after hours on Thursday. The next morning it was trading above the previous day’s after hour … Read More
Combinatorial Explosion- A Trader’s Hurdle
So you are a discretionary trader and a friend sends you a link to an awesome blog post where a world-famous trading teacher shares how to trade a Support Play. Excited you watch as the charismatic guru walks you through his system for trading this set up. He is an excellent communicator, has a solid trading track record and you … Read More
SMB Morning Rundown – October 4, 2010
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 for October 4, 2010
Good morning traders. SPY’s continue to trade in a 2 point range as we digest the markets previous upswing. This action can be seen as positive for the market given that buyers are willing to accumulate the market at these levels. We can see rotation taking place as the laggard sectors are catching up while the leaders (tech) are taking … Read More
From Bad to Great- A Trader’s Steps to Improve Performance (Examples)
Yesterday we blogged how one of our underperforming traders improved his results. Some of our Readers asked for examples and our trader obliged: Hey Bella, I’ve attached 2 charts – one breakout trade of SLB on 9/29 (10min candle chart) and one breakdown trade of AEM on 9/21(15min candle chart). The line on both charts indicates high/low for previous day. … Read More
Gaining an Edge: The Importance of Using Statistics in Your Trading
I received this email from a reader, excellent developing trader, and potential future trading star. It needs no editing and has awesome value to traders. SMB Chop Tracker Bella, Came across this article that I thought you might like. It’s written by one of my brother’s poker friends. This guy happens to be one of the best NBA sports bettors … Read More