When To Get Short Facebook

sspencerGeneral Comments, Trading Ideas, Trading Lesson

Here is a short video clip from our AM Meeting the morning after Facebook reported earnings. I discuss potential trading scenarios including the most common pattern we have seen in the past offering a good risk/reward on the short side. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. … Read More

Facebook Friday And Rocket Science

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trading LessonLeave a Comment

Despite the fact that the fast majority of those hired by hedge funds and banks these days are literally rocket scientists (PHD’s in Physics, AstroPhysics, Mathematics etc.) trading is NOT rocket science. Of course being good at math and being able to write algorithms doesn’t prevent someone from successful market speculation it just isn’t a prerequisite. On Friday I outlined … Read More