Earlier in December, Dave Freitag presented his signature “ DAVE” trade to the Options Tribe community, however there were technical difficulties and many members requested that Dave make his presentation a second time as a result. This week’s meeting is that presentation, with technical issues resolved.
SMBU’s Options Tribe Webinar: John Locke of Lockeinyoursuccess.com: Combining Technical Analysis with Options Income Trading to Improve Returns
December 15, 2015 This week, John Locke of Lockeinyoursuccess.com will be discussing how he combines technical analysis and the principles of options income trading to improve returns. Update: The recording of this webinar is available on the Options Tribe Premium archive. Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is a program designed for novice and … Read More
Trader’s Ask: Should I Use a Time Stop in Alibaba?
Hey Bella sorry to bother you again intraday. I’m very close to having having gotten ride of my over trading tenancies/urges and will start pulling the trigger on better trades2hold in the coming days/weeks. BABA though, it formed a support at 112.10 – 12.15ish. When you get long. Two questions. 1.) If you got long at 112.12 do you … Read More
Trading Education: Will Adobe Correct Through Price or Time?
Steve Spencer, partner at SMB Capital, discusses an ADBE trade he’s been in for a couple of months. Highlights from this trade: 1) Stocks correct through price or time. 2) Signals to enter a counter trend trade. 3) Knowing when to get out of an extended stock. Steven Spencer is the co-founder of SMB Capital and SMB University which provides … Read More
How Much Do You Know About Price and Time?
Here is another sample from my upcoming Mentoring Series. This segment goes into important details about time and price. Marc Principato, CMT Risk Disclaimer *No Relevant Positions
Are You Flexible?
Flexibility in trading has to be one of the most difficult concepts to master when going through the learning curve. I remember much earlier in my learning process when I was stubbornly committed to a particular trading style that I was learning from a chatroom that shall remain nameless. Looking back, the style was complete nonsense but at the time … Read More
Forex Training: How Long Does It Take To Get Good?
I get this question all the time and it is a good question. People these days don’t have the time to invest years in this business unless it proves to be financially rewarding along the way. There are so many educators and so much information available today, yet it doesn’t seem to change the well known failure rate. So what … Read More
The Time Stop (an Example in $YUM)
On our prop desk I encourage our traders to look for stocks that are trending, enter a Trade2Hold, and stay in the position if it is working until there is a Reason2Sell. SMBU offered a free Webinar on Reasons2Sell here. I discuss them in great detail in my latest book, The PlayBook. Below is an example of a Reason2Sell, a … Read More