Thanks for all the submissions regarding the DG reversal trade that occurred on December 12th. This post was written by a college student who participated in one of the SMB College Training Programs last Summer. Although the post is short and to the point I think Tim captures some of the key elements we look for in a low risk … Read More
Over Trading
STEVE- Good evening! I have been enjoying my trial membership to the “Stocks in Play” feature of SMB, and I am considering signing up for the In play/Radar/Chat side of things. I have thoroughly enjoyed the morning meeting’s, and have really appreciated the information put out there. I came to know of SMB largely by reading “One Good Trade”, and … Read More
Trading A VERY Large Gap–Trade Review $ANF
Steve Spencer reviews how to approach trading a very large gap in ANF. Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
Spencer Trade Review–$GILD $DHI
Steve Spencer reviews trading opportunities in GILD and DHI from November 12th 2012. Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
Mobile Trading: It’s Easy! (Start Running Now)
A forex broker actually sent me this message, I added the part in parenthesis. Now, after reading this statement, what comes to mind? Are you imagining pressing some buttons on your smart phone from the 18th hole (I’m writing like I know something about golf) and smiling because you just made a thousand? Sounds nice right? Many forex brokers today … Read More
IF I Develop a Trading Plan THEN My Results Will Improve: EXPE (10.26.12)
I tweeted this week that trading is about having a series of if/then statements and not about making predictions. In practical terms this means that traders are game planning for every stock on their watch list. They are making decisions on how to trade each name based on price action, market conditions and news catalysts. For every stock I look … Read More
The Apple Story
There have been very competent traders discussing signs of weakness in AAPL since it failed at 680ish. And since then there have been several excellent swing shorts AND swing longs. The price action has loosened up as the debate continues on where it should be priced coming into its earnings release this week and after its disappointing Iphone 5 release. … Read More
StockTwits Suggested–$DECK
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