The Basic Truths of Trading

sspencerBruce Bower1 Comment

**This is the second in a series of posts from Bruce Bower related to “Peak Performance” the topic of his new book that SMB U will be releasing April 20th** **SMB will be hosting a free webinar on April 13th in which Bruce will discuss in depth the concept of “Peak Performance” and how it can be applied by all successful traders and … Read More

Trading Lesson: Shorting A Momentum Stock–TSLA

sspencerSteven Spencer (Steve's) Blogs, Trader Development, Trading Theory2 Comments

In this video I discuss a short setup and trade I made on Friday March 27th. The trade lined up on multiple time frames and presented a good opportunity for intra-day, swing and options traders. 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 … Read More

Trading Rumors (SMBU Daily Video)

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In our SMBU Daily Video, we take a look at trading rumors. In this video from Steve Spencer, you will learn: How rumors impact stocks each day. Rumors create trading opportunities intraday but significant risk overnight. Steve looks at $WLL over the course of the week and the different conflicting stories that are reported. We hope this video helps your trading. … Read More

What Is “Price Action” Confirmation?

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trading Ideas, Trading Lesson, Trading Theory1 Comment

I wanted to share a few trades that I executed this morning based on setups discussed in our AM Meeting. Two of the three trades were executed using programmable “scripts” to make it easier for me to manage many positions simultaneously. Once these positions are opened I can trade out of them manually or allow the scripts to continue to … Read More