SMBU is proud to be a sponsor of the Poems 2.0 Stock Challenge with our Singapore partners Phillip Capital. Are you ready to pit your skills against other individuals from the region? Prove that you have what it takes to be one of our Champions! To register, visit www.ppoems.com.sg/stockchallenge and choose to compete in one of the … Read More
Zolio Trading Competition
Do you have what it takes to be a great trader? For college students who are either interested or passionate about the markets, SMBU is proud to be a sponsor for the 2014 Zolio Spring Trading Competition. Registration is still open for this multi campus-wide event that is set to kick off in February. This is a great opportunity for … Read More
Why set goals? Not just in trading but in any part of life?
“Top scientists estimate that we’re bombarded with over 400 billion bits of information every second. There is no way we could possibly pay attention to this much information. It would literally drive us insane. In fact, we are only capable of consciously processing approximately 2,000 bits of information. That’s only 0.0000005% (5 ten-millionths of 1 percent) of the world around us. This means that we … Read More
Trading Education: Days Like These
This morning I got to the office a bit tired and not in the greatest of moods. I am not a big fan of bitter cold temperatures as my hands and feet tend to stay cold once they get that way! So the past couple of days let’s just say I haven’t been as quick on the key board as … Read More
What is Risk?
What is risk? Imagine a word that everyone threw around constantly, but that no one could define. A word that was critically important, but never used properly. In trading, that word is “risk”. Of course, we have to use the word constantly. We are taking risk in order to generate a return. We put on positions and make sound … Read More
A Consolidation Trade ($TDC)
During SMB’s most recent The PlayBook Checkup with Bella we discuss: A Consolidation Trade ($TDC). This is a basic intraday technical analysis pattern that every developing trader should learn. We discuss: Who cares what $MS thinks about $TDC and how this should affect your trading? A 52-week high is more important than an intraday high in $SPY A news pattern … Read More
Trading Lesson: Fade Trade—$TSLA
Tesla has demonstrated itself to be one of the very best short term trading vehicles in 2013 (no pun intended). After putting in an all time high above 190 it has presented numerous setups on both the long and short side. READING THE TAPE This trade began as a “pattern recognition” trade but morphed into a “tape trade” as there … Read More
Trading Lesson: 2nd Day Trade—$ADBE
Adobe (ADBE) announced their earnings recently and the stock had a big change in price the following day. The stock had heavy volume, which is something I look for to setup a trade for the next trading session. This is one of the easier trades we teach in our training program and it’s called “2nd Day Plays”. After a stock has some type … Read More