Blog

It’s never just patience

Often I hear traders decry their lack of patience.  If they were only more patient, they would win.

From my seat, there is more to add to these thoughts of trading frustration.

You might hear commonly on a trading desk, "I JUST need to wait for my levels."  Again the idea is if trader just waits for his levels he will start winning.  This in itself is not sufficient.

SMBU’s Options Tribe Webinar: SMB Options Desk Trader John Locke: Mastering Options Income Trading

http://www.smbtraining.com/blog/wp-content/uploads/2015/12/Screen-Shot-2... 45w" sizes="(max-width: 150px) 100vw, 150px" />This week, perennial favorite John Locke returns to the Options Tribe to discuss options i

Context for Consistency

In this video, Andrew Falde shows you a simple way that professional traders adapt to changing market conditions. The tools that Andrew discusses can help you become a more consistent trader. Read more [...]

Trade Review: Long Gold

In this video I share my thought process on why I opened a GLD long trade. If you are interested in watching and learning about these trades in real time check out a Trader90 trial which includes all of our trading tools.

 

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 20 years. His email address is: sspencer@smbcap.com.

Steve Spencer is long GLD Read more [...]

The Second Day Play $TSN

In this video, Mike Bellafiore, discusses the importance of journaling important levels so you can take advantage of second day plays. Tyson turned into a classic second day trade this morning.

* no relevant positions Read more [...]

SMBU’s Options Tribe Webinar: Frank Fahey at Optionvue Systems, International: Understanding the $VIX Index

http://www.smbtraining.com/blog/wp-content/uploads/2015/12/Screen-Shot-2... 45w" sizes="(max-width: 150px) 100vw, 150px" />This week, Frank Fahey returns to the Options Tribe to help to unravel the mysteries of th

Why this trader was not hired

In this video, Mike Bellafiore, shares an interview that ended with an aspiring trader not being hired.
This aspiring trader was deficient in an area that may be keeping you from achieving your potential
as a trader. Read more [...]

Why low gamma trades performed better this year

In this video Seth Freudberg discusses why traders are performing better in low gamma trades vs high gamma trades so far this year. He breaks down why this is happening. Read more [...]

SMBU’s Options Tribe Webinar: Robert Chastain of Monarch Capital Group: CIS: Calls instead of Stock

http://www.smbtraining.com/blog/wp-content/uploads/2015/12/Screen-Shot-2... 45w" sizes="(max-width: 150px) 100vw, 150px" />This week Robert Chastain of Monarch Capital Group returns to the Options Tribe to discus

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