The Importance of Staying On Point All Day

sspencerSteven Spencer (Steve's) Blogs, Trader Development, Trading Lesson, Trading TheoryLeave a Comment

Trading is a grueling and intense profession. There are stocks, futures, and scanners whirling in front of your face all day. Many traders develop very strong routines to make sure they stay focused and are able to execute their trading plans. In our previous post we discussed the importance of a pre-market routine and how it helped us capitalize on … Read More

Trading Lesson–How To Trade When The Market Is “In Play”

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Short term traders can greatly increase their risk/reward and win rate by making sure that they are in the most “In Play” names each day. Occasionally, the market itself becomes “In Play” following a major technical break and I will trade it via index ETFs. Friday morning I shared a price on StockTwits  I wanted to get long the market … Read More

Trading Education: Mastering Gap Trading Methodology

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On June 4th we posted a pre-market video in which I discussed a potential “gap fill” trade in TIBX. When a stock gaps outside of the prior day’s range you have three options. Play it for a continuation in the direction of the gap, play it to fill some or all of the gap, or simply take a pass on trading it.  I have … Read More

Looking To A Higher Time Frame: DDD

smbcapitalSMB Video Blogs, Steven Spencer (Steve's) Blogs, Trading IdeasLeave a Comment

Last week I changed my bias in DDD from bearish to bullish. This video clearly explains my reasoning. This video serves as a trading lesson but also as an “after action” report. The second video from our AM Meeting previewed potential price action the day following DDD’s earnings release. The second video is from our AM Meeting where I shared some … Read More

SMB U Trading Lesson of the Day: How to Gain Trading Confidence

smbcapitalMike Bellafiore's (Bella's) Blogs, Trade of the Week, Trader DevelopmentLeave a Comment

Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about a SMB Trading Lesson of the Day on how to gain trading confidence. A trader from the SMB trading community reached out to Bella seeking advice for ways he could extinguish his trading fears. As a new trader Nicolas wasn’t able to actualize his trading … Read More

SMB U Trading Lesson of the Week: When to Exit Winning Trades

smbcapitalMike Bellafiore's (Bella's) Blogs, Trade of the Week, Trader DevelopmentLeave a Comment

Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about a SMB Trading Lesson of the Week on when to exit winning trades. Mike discusses a situation where a trader thought he needed a trading psychologist. Turns out it was just an issue with his trading strategy. Enjoy the video! You can be better tomorrow … Read More

SMB U Trading Lesson of the Week: Position Sizing in $CCL

smbcapitalMike Bellafiore's (Bella's) Blogs, Trade of the Week, Trader Development2 Comments

Mike Bellafiore, author of the “trading classic” One Good Trade and The PlayBook, talks about a SMB Trading Lesson of the Week in $CCL. Mike discusses the various trading scenarios and how your position sizing would have changed under different market circumstances. Enjoy the video! You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The … Read More