Trading Setups That Are Working In Today’s Market Please join us on May 15th at our training room in NYC for an interactive seminar on which trading setups are working best in today’s market. The partners of SMB will discuss in detail the setups that have been offering the greatest risk/reward for the past two months in US equity markets. … Read More
SMB Morning Rundown – May 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.
My Mistake, Move On
Apparently I mistakenly left in some sell orders to short SY after the close. I headed to our training room for a Tradecast with our new traders and a guest visitor from CT. One of our traders poked his head in the door and said,”Bella you got filled in SY and are way out of the money.” I have heard … Read More
SMB Morning Rundown – May 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.
Technical Analysis: Four Basic Principles
We have all seen so many lists of trading rules that we sort of become numb to them. Even if they contain good advice (“always respect your stops”), they are so omnipresent in the trading literature and on Internet forums that we probably don’t pay as much attention to them as we should. I want to share a very different … Read More
Where Are You Going?
Where are you going? Where do you go? Are you looking for answers to questions under the stars If along the way, you are growing weary You can rest with me until a brighter day, and you’re ok Dave Matthews Band, Where Are You Going? Yesterday I blogged that the market mainly traded between 115.60-160.30 SPY. Yes it spent some … Read More
SMB Morning Rundown – May 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.
Who Stole My Volatility?
Last night on Stocktwits TV I discussed some adjustments traders can make to trade increased volatility. The VIX had climbed from 18 to 40. Friday the VIX closed above 41. These are the markets short term traders crush. Today I walked in with the VIX off over 30 percent. It has rebounded nicely to close above 30. … Read More