{"id":39852,"date":"2015-01-29T18:10:29","date_gmt":"2015-01-29T23:10:29","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=39852"},"modified":"2015-01-30T13:05:49","modified_gmt":"2015-01-30T18:05:49","slug":"trading-shouldnt-be-a-flip-of-the-coin","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/trading-shouldnt-be-a-flip-of-the-coin","title":{"rendered":"Trading Shouldn&#8217;t Be A Flip of the Coin"},"content":{"rendered":"<p>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.<\/p>\n<p>Pay close attention to the idea of &#8220;inflection points&#8221; and the asymmetric risk\/reward that can be attained by entering at these prices.<br \/>\n<iframe loading=\"lazy\" class=\"wistia_embed\" src=\"\/\/fast.wistia.net\/embed\/iframe\/125rivcrb8\" name=\"wistia_embed\" width=\"608\" height=\"342\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><script src=\"\/\/fast.wistia.net\/assets\/external\/E-v1.js\" async=\"\"><\/script><\/p>\n<p>Tomorrow is most likely going to be the #1 IPO of 2015 Shake Shack. I am\u00a0preparing a pre-IPO game plan for members of our trading desk and will be trading the IPO live as well. I have\u00a0traded dozens of the top momentum stocks during my\u00a0career and can offer a unique perspective on the best risk\/reward trades they offer on Day 1.<\/p>\n<p><strong>Join us for the Shake Shack IPO by starting\u00a0the new SMB Trader90 Program that combines tools, mentoring and live coaching.<\/strong><\/p>\n<p><a href=\"https:\/\/tf130.infusionsoft.com\/app\/orderForms\/SMBU-Trader90\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-39847\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/01\/trader90.png\" alt=\"trader90\" width=\"600\" height=\"271\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/01\/trader90.png 600w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/01\/trader90-300x136.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/twitter.com\/sspencer_smb\"><img decoding=\"async\" src=\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\" alt=\"\" \/><\/a><\/p>\n<p>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: sspencer@smbcap.com.<\/p>\n<p>Steven Spencer is currently long LULU, TWTR, X and YHOO<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/trading-shouldnt-be-a-flip-of-the-coin\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":143,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,1373],"tags":[4690,4685],"class_list":["post-39852","post","type-post","status-publish","format-standard","hentry","category-steven_spencer_steves_blogs","category-trading-lesson","tag-trading-education","tag-trading-lesson","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trading Shouldn&#039;t Be A Flip of the Coin | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/trading-shouldnt-be-a-flip-of-the-coin\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trading Shouldn&#039;t Be A Flip of the Coin | SMB Training\" \/>\n<meta property=\"og:description\" content=\"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 ... 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