“The more you understand the concept you are trading, how it might behave under all sorts of market conditions, the less historical testing you need to do.” Tom Basso
SMB Morning Rundown – July 14, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
SMB on Wall Street Warriors – Part 2 of 4
Watch SMB Capital on Wall Street Warriors.
SMB Trade of the Week: Monsanto – July 13, 2010
Watch SMB Trade of the Week, an Opening Range Play in Monsanto.
Integrating Tape Reading into Your Plan
Mike Bellafiore discusses reading the tape on MoneyShow.com.
Trading Quote of the Day – July 13, 2010
“We typically trade our beliefs about the market and once we’ve made up our minds about those beliefs, we’re not likely to change them. And when we play the markets, we assume that we are considering all of the available information. Instead, our beliefs, through selective perception, may have eliminated the most useful information.” Van K. Tharp
SMB Morning Rundown – July 13, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Measuring Your Levels
Imagination is more important than knowledge… Albert Einstein We just got out of a Tradecast where one of our traders confused himself because he valued every level equally. All levels are not created equal. Before entering a trade you should ask: where can this stock go? During our Tradecast New Trader Mike showed tape of APC where he had two … Read More