Members Only Options Webinar: Jim Riggio: Capital Discussions: The “Jeep” Trade

April 23rd, 2014 Your Option for a better trading life......together (SMBU Options Tribe) SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide.  Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Next week, Jim Riggio of Capital Discussions will be explaining his “Jeep” options income trade to the Options Tribe for the first time. Hope to see you there! Options Tribe meetings are free to the public on the first Tuesday Read more [...]

April 21, 2014 Locke In Your Success Weekly Market and Position Update

April 23rd, 2014 No relevant positions Risk disclaimer M21 purchase link http://smbcap.net/m21sale John Locke Be sure to visit our trading blog! www.lockeinyoursuccess.com And check out these great videos! May Group Mentoring Open House Part 1 May Group Mentoring Open House Part 2 Bearish Butterfly Trade Simulated March Bearish Butterfly Review M3 Trading Strategy May and June Bearish Butterfly Strategies Butterfly Trading with Deep in the Money Calls to Control Deltas M3 Trading System   Learn to trade the M3, Bearish Butterfly and ROCK trading systems! http://www.bearishbutterfly.com http://www.m3options.com http://www.smbtraining.com/overview/rock-options-trading-system Read more [...]

SMB AM Meeting Recap: $SPWR

April 23rd, 2014 In this short video, Steve discusses a stock from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $SPWR. 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. Steven Spencer is currently long ACAD, CLDX, CROX, DDD, GM, LQDT, P, SPWR, WAVX and short INTC, KO, NFLX, SPY. Learn the skills necessary to identify Read more [...]

SMB AM Meeting Commentary: $NFLX

April 22nd, 2014 In this short video, Steve discusses NFLX from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve made a great call in $NFLX this morning. 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. Steven Spencer is currently long ACAD, CLDX, CROX, DDD, GM, LQDT, P, SPWR, WAVX and short INTC, KO, NFLX, SPY. Learn the skills necessary to identify and manage Read more [...]

What statement are you making with your trading?

April 21st, 2014 I talk to traders all over the world and it surprises me how many “high probability” or “market neutral” traders don’t realize that they are making a statement with their position. By making a statement I mean whenever you enter a position, you are defining the conditions under which you will win and which you will lose. For example, when a trader buys a stock he’s saying that if the market moves up he is going to make money and if the market goes down he is going to lose money. He’s essentially betting on the market going up and he understands that if the market comes down then he’s going to lose money. That’s Read more [...]

Members Only Options Webinar: Alex Porcaro: Trading Iron Condors on Equities

April 21st, 2014 Your Option for a better trading life......together (SMBU Options Tribe) SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide.  Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. This week, options trader Alex Porcaro, appears for the first time on the Options Tribe to present his approach to trading iron condors using equity options. Options Tribe meetings are free to the public on the first Tuesday of Read more [...]

SMB AM Meeting Recap: $AZN

April 21st, 2014 In this short video, Steve discusses a stock from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $AZN. 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. Steven Spencer is currently long ACAD, CLDX, CROX, DDD, GM, LQDT, P, SPWR, WAVX and short INTC, KO, NFLX, SPY. Learn the skills necessary to identify Read more [...]

Best Practices in Trading With Dr. Brett Steenbarger

April 17th, 2014 Trading psychologist Dr. Brett Steenbarger appeared on the Options Tribe for the first time to share his observations about the common characteristics of successful traders that he has known throughout his career.  Dr. Steenbarger writes daily at TraderFeed.blogspot.com, a treasure trove of trading guidance.  He has written The Psychology of Trading, Enhancing Trader Performance, and The Daily Trading Coach. Enjoy the video! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking Read more [...]