The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Open Your Mind
Truth be told I am somewhat amused each morning when our intern AGray pops by my station seeking our “Best AM Idea” for the Open. I am a trader and not a predictor. As a trader part of your job is to identify the MOST important prices in a stock and if a stock touches one such price you are … Read More
The Market Doesn’t Care About Your Opinion (KSS)
The market doesn’t care about your opinion. If you have a problem with this, get over it. Today during our After the Open Review one our Newbs got a harsh tongue lashing for thinking he knew better than the market. This is a learning experience for us all. Iron Mike Mike made a great trade in KSS on the … Read More
MartinKronicle Podcast with Bella for One Good Trade
Mike Martin from the MartinKronicle discusses One Good Trade with Bella
SMB Morning Rundown – August 12, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Traders Ask: Who Said Trading Was Fair?
Traders Ask (FOSL): After making money at this level, i added a small amount with entries at .51 and a .47 stop. I have never had problems with these stops before, but as the bid dropped, i got filled at the .09. How do i avoid this in the future? Was it just one buyer in the stock? Was … Read More
An Exercise 2 Help U Improve as a Trader (RIG)
Today RIG was the easiest of stocks to trade. 55 was the level. RIG dipped below there. And it trended in the most beautiful downtrend. Were you in this trade? I wasn’t. This level was discussed during our AM meeting. Again I wasn’t in this trade. We have discussed this RIG level on our desk for days. Oil was weak. … Read More
SMB Morning Rundown – August 11, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.