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Introducing a new blogger: Greg Loehr
SMB is proud to announce the addition of an experienced options trader and educator to our blog, Greg Loehr, of Optionsbuzz.com. Greg has served both as a market maker on the floor of the CBOE as...
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Is this trader complacent or patient?
Bella, How do you distinguish between patience and complacency? Patience is what I call it when I’m riding a trend. Complacency is what I call it when price initially goes my way, but then retraces and...
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Yesterday’s Options Tribe Meeting: Four main components of developing an...
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...
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The market discriminates against the over-thinker and ill-prepared
Hi Mike, Never wrote you – thought I would try. Had a question. In much of what I see, read, etc. – there seems to be a focus there on recruitment and somewhat of a preference to younger people as...
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Trading Equities versus Eminis
Eminis are futures contracts for various indexes, commodities and currencies. Eminis have their own trading personalities just as equities, and just as GOOG trades differently than WMT, each of the...
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My Thought Process: AMLN
We received a few requests for a trade review of the AMLN trade I was tweeting during today’s Open. I’ve illustrated my key thoughts via the annotation of the chart below. Let me outline some of the...
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Free Options Webinar: SMB’s Options Tribe. Tuesday, April 3, 2012 at 5pm EDT:...
Tuesday April 3, 2012 at 5:00 pm Eastern Daylight Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members...
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I See Momentum Buying
I settled at my trading station wondering what to trade on this Open. RHT? BBY? AMLN? There had not yet been a price spike on the SMB Radar in health care yet but I would later ask what and where to...
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Five Things I Wish I Knew About Trading When I Started
Like any challenging pursuit with a steep learning curve, trading requires an incredible amount of determination in order to succeed. If we are successful, there is the temptation to look back to our...
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AAPL Can’t Go Up Forever…
This post is the second in a series that we will be publishing over the next month , tracking the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com....
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A quick lesson in tape reading (ESRX)
I was long ESRX. It had gapped up on positive news. The first moves on the tape in the stock were positive. I liked the move above the open high. I liked the way it moved away from prices. I liked...
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Trading Lesson: The Bear Trap–Ouch!
A large part of successful trading is understanding how others are positioned in a stock and using that information to your advantage. One of the most common triggers for opening a short position in...
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Free Options Webinar: SMB’s Options Tribe. Today at 5pm EDT: Perspectives on...
Today at 5:00 pm Eastern Daylight Time 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...
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AM Idea – April 3rd 2012
Disclosure:Short $ARNA Long: $AMZN To watch these morning ideas live through SMB Real Time, sign up below Try all our trading tools for 2 months *SMB Radar not included
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The Bear Trap Followup: NFLX 110
Yesterday’s SMB U Trading Lesson was on how not to get ripped to shreads in a Bear Trap. Today, Gman tweeted in Pre-market that NFLX was setting up as a Bear Trap and that he would look to trade it...
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The first lesson of trading: you stink
A trader on our desk shared this email sent to him by another trader on our desk. It offers a great lesson to the new and developing trader based on the work of Dr. Steenbarger and a trader’s...
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Yesterday’s Options Tribe Meeting: Perspectives on the Broken Wing Butterfly
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...
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Five suggestions for traders
I was in my office today working on my next book The PlayBook when I got pinged with this from the trading community: Mike, what do you do when you’re a practicing trader, working, saving, and...
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This is a trader’s fault
I received this trading recap from an SMB Trader: I love these types of days where I can keep my tickets really low and keep 95% of what i gross. For some reason when I trade from home, i don’t over...
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Free Options Webinar: SMB’s Options Tribe: Tuesday, April 10, 2012 at 5pm...
Tuesday April 10, 2012 at 5:00 pm Eastern Daylight Time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members...
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