{"id":44368,"date":"2016-09-26T17:01:57","date_gmt":"2016-09-26T21:01:57","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=44368"},"modified":"2023-05-24T17:09:18","modified_gmt":"2023-05-24T21:09:18","slug":"some-questions-from-a-european-trader-learning-us-markets","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/some-questions-from-a-european-trader-learning-us-markets","title":{"rendered":"Some questions from a European trader learning US markets"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-43286\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/03\/changing-market-conditions-1024x576.png\" alt=\"changing-market-conditions\" width=\"517\" height=\"291\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/03\/changing-market-conditions-1024x576.png 1024w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/03\/changing-market-conditions-300x169.png 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/03\/changing-market-conditions-768x432.png 768w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2016\/03\/changing-market-conditions.png 1280w\" sizes=\"auto, (max-width: 517px) 100vw, 517px\" \/><\/p>\n<p>One of our SMBU students visited our desk in NYC from Sweden today. Merritt, from SMBU Trading Conversations on Friday 1:30PM EST, joined us for lunch, as did this trader&#8217;s dad. This European trader is a graduate of SMB DNA and The Winning Trader and working on his game, after work hours from Europe.<\/p>\n<p>There were two issues that arose during lunch that merit discussion:<\/p>\n<p>1) What trades do I take with a limited ability to watch markets?<br \/>\n2) How do I settle on the best stocks to trade during Earnings Season?<\/p>\n<p><strong>What trades do I take with a limited ability to watch markets?<\/strong><\/p>\n<p>For this trader I like:<br \/>\na) Changing Fundamentals Trade- Look for a news catalyst that is unusually positive or negative for the stock and follow the intraday trend.<br \/>\nb) Multiple Time Frame Gap and Go Holds- Look for a Gap and Go holding on multiple time frames, such as the 1m, 5m, 15m charts.<br \/>\nc) 2nd Day Trades- Find a stock that was In Play on Day 1 and look for follow through on Day 2.<\/p>\n<p>These are three setups for which to practice in real-time.\u00a0 They best position the European student trader for success in our markets.<\/p>\n<p><strong>How do I settle on the best stocks to trade during Earnings Season?<\/strong><\/p>\n<p>As I wrote in <em>One Good Trade<\/em>, &#8220;You are only as good as the stocks you trade.&#8221;\u00a0 This is an important question above.\u00a0 See four quick ideas below.<\/p>\n<p>a) I will host a webinar this Thursday to discuss this topic.<br \/>\nb) Consider this routine: SMB AM Sheet, SMB Scanner, SMB AM Meeting, Stocks gapping up or down 3%, stocks outside of technical ranges, stocks under $60 with tight spreads.<br \/>\nc) Remember the key is to improve your stock selection each day, not expect trade selection greatness tomorrow.<br \/>\nd) Spencer offers a generous look into his stock selection process.<\/p>\n<p>Safe travels back to Sweden. And trade well!<\/p>\n<p><strong>Related posts<\/strong><br \/>\n<a href=\"http:\/\/www.smbtraining.com\/blog\/stock-selection-and-game-planning\">Stock selection and game planning<\/a><\/p>\n<p>*no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of our SMBU students visited our desk in NYC from Sweden today. Merritt, from SMBU Trading Conversations on Friday 1:30PM EST, joined us for lunch, as did this trader&#8217;s dad. This European trader is a graduate of SMB DNA and The Winning Trader and working on his game, after work hours from Europe. There were two issues that arose &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/some-questions-from-a-european-trader-learning-us-markets\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":44369,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5156,18,5157,653,1354,1349,1888],"class_list":["post-44368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-european-trader","tag-smb-capital","tag-trader-learning","tag-trader-training","tag-trading-coach","tag-trading-mentor","tag-trading-school"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Some questions from a European trader learning US markets | 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\/some-questions-from-a-european-trader-learning-us-markets\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Some questions from a European trader learning US markets | SMB Training\" \/>\n<meta property=\"og:description\" content=\"One of our SMBU students visited our desk in NYC from Sweden today. Merritt, from SMBU Trading Conversations on Friday 1:30PM EST, joined us for lunch, as did this trader&#8217;s dad. This European trader is a graduate of SMB DNA and The Winning Trader and working on his game, after work hours from Europe. There were two issues that arose ... 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