The lifeblood of a trading desk is the flow of relevant factual trading information. We spend time training our traders from Day 1 on how to gather and share information so we can all make more money. We build tools that pump out important information on In Play names all day. We have a chat room where traders can share … Read More
Live From the Trading Floor – 10.17.12
Steve will be broadcasting every Monday, Wednesday and Friday at 11:15 am EDT and you will have the opportunity to chat with him through our new Stocktwits chat feature. Don’t miss it! In today’s show Steve Breaks down the big picture via the SPY (0-2) Talks earnings stocks IBM CREE Discusses why he traded FTNT long (6-7) Discusses 2nd Day … Read More
Live From The Trading Floor – 10.12.12
Steve will be broadcasting every Monday, Wednesday and Friday at 11:15 am EDT and you will have the opportunity to chat with him through our new Stocktwits chat feature. Don’t miss it! In todays show Steve Discusses how he has traded AAPL for the past week and his reasoning (first 5 minutes) Breaks down how to manage a position in … Read More
Spencer Trade Review–$PAY
Steve Spencer reviews trading opportunities in PAY from the first week of October 2012. Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
The Stock Market Does Not Exist To Serve The Long Term Investor
I appreciate being invited on to Bloomberg TV Monday to share my thoughts on market regulation and HFT trading. This issue has received a lot of press recently in part thanks to Mark Cuban who has used his notoriety to bring attention to an important issue. I applaud him for using his platform for bringing this issue into focus, first … Read More
Guest Post: My Best Trade In 10 Years
Today I had my best trading day in 10 years of trading. It was today’s One Good Trade. During that 10 year period I have read over 100 trading books, attended at least two dozen live trading seminars and read a gazillion online posts from trading “experts”. Despite all of that self-education I never took the plunge to subscribe to … Read More
SMB’s Spencer High-Frequency Trading, Cuban Op-ED – Bloomberg TV
Steve Spencer discusses on Bloomberg Television’s “Market Makers” stock market regulation, electronic trading and reacts to HDNet Chairman Mark Cuban’s op-ed challenging high-frequency trading. Steve Spencer *No Relevant Positions
Spencer Trade Review–$TSLA
Steve discusses a few trades in $TSLA from September 28th and contrasts with how a newb trader handled the same setup. Steve Spencer *no relevant positions