Don’t Fade This

In last week’s video I discussed getting long the market into weakness when a trading range has been established. Today’s video discusses a set of conditions in which to not make this sort of trade.   Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded … Read More

The PlayBook Checkup: One Bad Trade

Below is our newest installment of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video, an SMB trader talks … Read More

The PlayBook Checkup: Facebook Earnings Trade

Below is our newest installment of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video, an SMB trader talks … Read More

The PlayBook Checkup: Unusual Options Activity in $SUNE

Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video … Read More

The PlayBook Checkup: Fade Trade $DEPO

Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Real-time attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video … Read More

Trading Lesson: Fade Trade—$TSLA

Tesla has demonstrated itself to be one of the very best short term trading vehicles in 2013 (no pun intended). After putting in an all time high above 190 it has presented numerous setups on both the long and short side. READING THE TAPE This trade began as a “pattern recognition” trade but morphed into a “tape trade” as there … Read More

The Price Spike Fade Trade

I’m writing this post for one of the most gracious traders on my desk who should be in more of these plays, SWANG (also a character in The PlayBook). He is a terrific tape reader, scalper, and intraday trader. I can see him doubling his P&L by mastering this trade. I made a Price Spike Fade Trade in PAY yesterday … Read More