Trading Shouldn’t Be A Flip of the Coin

sspencerSteven Spencer (Steve's) Blogs, Trading Lesson5 Comments

Each day I host the SMB AM Meeting. The purpose of the meeting is to make sure that our desk has a game plan to attack the best stocks and setups. Yesterday we looked at Apple, Boeing, Alibaba, and American Airlines. In this video I break down some of the techniques we use to identify the best risk/reward setups.

Pay close attention to the idea of “inflection points” and the asymmetric risk/reward that can be attained by entering at these prices.

Tomorrow is most likely going to be the #1 IPO of 2015 Shake Shack. I am preparing a pre-IPO game plan for members of our trading desk and will be trading the IPO live as well. I have traded dozens of the top momentum stocks during my career and can offer a unique perspective on the best risk/reward trades they offer on Day 1.

Join us for the Shake Shack IPO by starting the new SMB Trader90 Program that combines tools, mentoring and live coaching.


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 18 years. His email address is: [email protected].

Steven Spencer is currently long LULU, TWTR, X and YHOO

5 Comments on “Trading Shouldn’t Be A Flip of the Coin”

  1. Thanks for the video. Did not realize BA until today. Did not know how to trade BA since never traded that stock. Now, I know, what to look for to gain confidence about any stock. Appreciated very much for your time and effort.

  2. Yes gm, I have also not thorough in trading education but
    after watch this video post I came to know some vital points of trading
    education. In fact for the basics I have gone through some webinars of Traders

  3. Also, Mike and Steve keeps mentioning about 2nd day Play. Saw it in Nflx, So, kept that in mind for amzn. Got lucky with amzn now. May be Steve can teach us how to play stocks like HAR, It keeps going 3rd day and now 4th day after Earnings. Thanks to internet, we have access to pro’s mind. Appreciated very much for taking time to teach.

  4. I found it to be informative and inspirational. Now, I don’t use that term much, inspirational, but it’s a well-run gathering and an effective incubator for ideas.

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