Trading A Momentum Reversal–TSLA

This past week many traders sought to profit from a short trade in TSLA. Eventually it reversed dropping almost 10% in two days. But it wasn’t an easy or simple trade by any stretch. My thoughts on one way to make this trade easier… Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in … Read More

Things We See At Market Bottoms

What sort of things should we look for at market bottoms? There is a lot of discussion on things we need to see or not see for a market to put in a bottom. I offer thoughts on a few of these in this video. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education … Read More

Thoughts On Trading Tired

It has been a grueling two weeks. Peak earnings season. Peak bear market. Here are some thoughts on things you can do if felling run down…           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 professionally for 19 years. His … Read More

Thoughts On Trading A Bear Market–SPY FB NFLX

In this video I offer some thoughts for how the market is setting up for the second week of February. If you are interested in our process for finding the best trading setups each day join me for a free webinar Monday February 8th at 4:30PM. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading … Read More

Trading A Beaten Down Name

In this video I walk you through a trade in Horizon Pharmaceuticals (HZNP) which has been crushed recently in the Valient Tsunami. We look at big picture price and what various holders may be thinking We break down intra-day criteria and how to use them for trade confirmation or rejection We identify key price levels prior to entering the trade … Read More

Are You Focused On Your Best Setups?

Earlier this week Mike Bellafiore asked me to participate in a 30 Days/30 Habits webinar. The idea behind the webinar was to share the best practices that lead to habit formation for the top performers from our trading desk. In true Bella fashion he invited me to co-present with him a few hours before the webinar was scheduled to begin! … Read More

Trade Review–$DD $ILMN $SRPT $EXAS

As part of Trader90 we review ideas discussed in the AM Meeting after the market closes. If we repeat the same process of preparation and review each day we are much more likely to achieve consistent trading results. This 10 minute video recaps the trading patterns in each stock and how things played out versus our pre-market discussion. If you … Read More

How We Find The Best Setups

It was an incredible week in the market. Monday started with a strong down trend and by Friday the SPY closed at its highest level since ten days earlier. Outside of the indexes themselves there were some incredible risk/reward opportunities in individual stocks. In this short video I explain some of the techniques we used to identify and trade the … Read More