SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options trading. In this presentation, Greg Loehr of Optionsbuzz.com discussed the … Read More
One’s Over Reaction is Another’s Opportunity
Volatility has ticked up in recent weeks. It’s about time. The major U.S. equity indices and currency markets have presented some sizable intraday movements. Uncertainty is beginning to re enter the markets. This is the time when traders shine the most. This is when the average traders improve and the good traders become great. Investors and uninformed watch their accounts … Read More
Five Ideas for Your Trading Future
Dear Mike, My name is (deleted at e-mailer’s request) . I have written to you a couple of times over the past few years and have always found your advice helpful. You even were nice enough to give me a call a year or two ago after I had sent you an e-mail asking for advice. I am a fan … Read More
Trading Lesson: $HLF
In this video Steve offers two trading tips on how to improve your results. 1) The importance of being present throughout the trading day 2) Using tape reading to add to a position in a very low risk way Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is … Read More
Forex: Are Futures better than Spot?
These days traders have so many choices in terms of what instrument they want to use to express their opinion in the markets. There are mini futures, cfds,spot, ETFs, and regular futures contracts not to mention traditional stocks and bonds. So spread capital amongst all these products and combine that with a general lack of trust from the general public … Read More
Forex: Where’s the “Easy” Button?
Many new traders are looking for a trustworthy resource that will hand them a strategy with a high percentage win rate, a stellar track record and a very short learning curve. This is reminiscent of the many attractive young women in New York City today who according to their online dating ads all seek the same guy: tall, handsome, full … Read More
Forex Beginner Enemy #1: Random Trades
As short term forex traders, we are exposed to a great deal of price noise since we usually watch time frames that are 15 minutes or less. We are constantly developing our ability to measure when the probability of achieving our potential return is greater than the risk that it presents. What helps us refine this skill and simplify the … Read More
A Trading Question from India
Hi Mike, I am Nikhil from India, i am a trader trading commodities , i am writing to you as you are an experienced trader , i have only few months of experience trading “live” and around 7 years experience of observations, I developed a crush on the markets when i was only 14! Anyways i want to know how … Read More