Blog

SMBU’s Options Tribe Webinar: Derek Vanderpool: Trading Weekly Options in Multiple Time Frames

December 23, 2014

This Week, Derek Vanderpool, successful trader on SMB’s Options Trading Desk, presents for the first time on the Options Tribe on his approach to weekly options trading.

SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide.

A Smooth Sea Never Made a Skillful Sailor

People are made for challenges. When we respond to challenges, we become alert. As we move and think to overcome those challenges, we build physical and emotional muscle. We open up our bodies and minds to new possibilities. We learn and grow at an astounding pace, becoming stronger and creating amazing things.

In the absence of challenge however, the opposite happens. We become lazy.

Enhancing Trader Performance with Classics in Technical Analysis

*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading.

The Double Reversal Purple Nurple–$SPY

Today's market action presented some interesting twists and turns. Around 6AM the SPY got hammered about $3. By the time I turned on my platform we had already bounced around $1. I sold about 25% of my positions and got ready to head for the office.

SMBU’s Options Tribe Webinar: Andrew Falde: Trend Following Using Options

December 16, 2014

Today, Andrew Falde returns to the Options Tribe to discuss the topic of Trend Following Using Options.

SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide.

Super Trader!

 

Being successful at trading is really quite simple.  Follow a certain set of principles over an extended period of time and eventually you’ll produce great results. Unfortunately learning, and more importantly applying, those concepts can be quite challenging. This is especially true when the process is approached with the wrong psychology.

Lesson 5: Review and Tweak

Lesson 5: Review and Tweak
Continuing the series “7 Lessons I’ve Learned”, we come to Lesson 5: Your Path To True Mastery Will Require Extensive Reviewing and Tweaking.  In order to be the best, you need to constantly review your performance and look for improvements that you can make.

Market Trades

Steve walks you through his thought process on why and how he makes market trades via ETFs. Identifying good entry points can put you in a position of strength for a an intra-day or swing trade.

Enjoy the video!

Steve Spencer is currently long SPY, IWM, AAPL, P and short VXX Read more [...]

The Two Best Trades Working in this Market (Webinar Replay)

SMB partners Steve Spencer and I held a free webinar last night: The Two Best Trades Working in this Market.

You can find the replay here.

Spencer discussed trades working best in this market.

The Line You Cannot Cross as a Trader

In this SMBU Trading Lesson of the Week video Mike discusses: The Line you Cannot Cross as a Trader.

You can sign up for our free daily trading video here!

Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook.