SMBU’s Options Tribe Webinar: SMB Capital Options Desk Trader Alex Porcaro: The Longer-Term M3: observations from back-testing and live trading

This week, SMB Capital Options Desk Trader Alex Porcaro returns to the Options Tribe to discuss an M

Entry Types For Momentum vs Rangebound Plays

Last Friday we had a great talk, with Brexit fresh off the press, during our weekly Trading Conversations webinar last Friday. As usual, we covered a wide range of things such as using context, how to adjust your trading to handle volatility, and more! Not a bad way to wrap up your trading week with some open trading conversation.

One highlight from the webinar was around adjusting your entry type to fit the trading style being deployed.

SMBU’s Options Tribe Webinar: Robert Chastain of Monarch Capital Group: Practical Options Tactics

This week, Robert Chastain debuts on the Options Tribe to discuss practical options tactics that he

A Trading System for Volatility

Andrew reviews a VXX strategy to see how it would have handled several high volatility events over the past several years. Read more [...]

Why did LVS trade through 44 if that was support?

LVS hit our radar for a Spencer (my trading partner) 2nd Day play.  There was not much a news catalyst in LVS, but yesterday it traded a higher RVOL, finished near the bottom of its range, and traded significantly weaker than the market.  We walk onto our trading floor today wondering if there will be follow through or a bounce from support at 44.

Where is support?  We look to our longer

Underperformance and Your Beliefs

We covered several interesting topics during our weekly Trading Conversations webinar last Friday. As usual, we covered a wide range of things such as using context, randomness, risk/reward, knowing your market with statistics, and more!

How do I use previous support and resistance levels?

Hi Bella,

I have been learning a ton from One Good Trade, The Playbook, and all the online educational content you have. Thank you!

When you are analyzing a stock “in Play” and looking at previous support/resistance levels, how much weight do you give them going forward with that days trading?

FED Day Trading

In this video, Steve discusses how short term traders trade index ETFs on a "FED Day."

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 for 19 years.

Great Options Traders Learn From Each Other

In this video, Seth Freudberg talks about how options traders learn from each other.

Communication is one of SMB's Fundamental Principles--the critical nature of traders sharing information with each other for mutual growth.
One of our traders came up with a unique concept to salvage a trade this week and shared that.
Another trader on our desk adopted that conce

AM Meeting Replay 06/15/2016

Each morning, SMB co-founder, Steve Spencer shares key ideas that the desk is watching for the open. Here is an example of this morning's meeting.

To attend this meeting each day, subscribe to one of the packages here


Important Disclosures Read more [...]