The Great Paper Trading Debate: Helpful or Hurtful?
When it comes to paper trading, there seems to be two strongly opinionated sides to its purpose in helping traders learn how to trade. There are the opponents and this group usually includes brokers (I...
View ArticleForex Trading Room Recap 10.12.12
In this segment, Marc Principato, CMT explains an example of the crowd behavior behind support and resistance levels. This is a basic example that emphasizes the importance of having a strong...
View ArticleLive From The Trading Floor – 10.15.12
Steve will be broadcasting every Monday, Wednesday and Friday at 11:15 am EDT and you will have the opportunity to chat with him through our new Stocktwits chat feature. Don’t miss it! In todays show...
View ArticleIt’s The Forex Dealer’s Fault!
By marcp | View this Toon at ToonDoo | Create your own Toon Let’s talk conspiracy theories. Many new traders get caught up in the idea that they cannot make any money because the spot forex market is...
View ArticleForex Trading Room Recap 10.15.12
In this segment, Marc Principato, CMT talks about price behavior nuances around pivot points. A pivot point indicator is a common tool, yet it can offer potential reaction points where you can uncover...
View ArticleThe happier Toronto trader
I am an hour away from my presentation at Quant Invest Canada and instead of preparing I thought I would share some thoughts from a few meetings with Canadian traders with whom I met. I take the Coach...
View ArticleFree Options Webinar: SMB’s Options Tribe October 23, 2012 at 5:00PM EDT....
Tuesday October 23, 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...
View ArticleForex Trading Room Recap 10.16.12
In this segment, Marc Principato, CMT explains how he likes to utilize whole numbers as part of his price action analysis. Whole numbers like 1.3000 and 1.3050 can serve as potential support and...
View ArticleThe Forex Trader’s Fear of Missing Out
One of the more entertaining things I hear out of forex traders that I talk to is, “I can’t believe I missed that 40 pip move! I left so much money on the table!”. My question is whose table did you...
View ArticleSMB Forex Q&A Workshop Today at 4:30 PM ET
Join Marc Principato, CMT for an interactive question and answer session. This is your chance to ask a professional forex trader any question you may have. Ask questions about strategy, technical...
View ArticleLive From the Trading Floor – 10.17.12
Steve will be broadcasting every Monday, Wednesday and Friday at 11:15 am EDT and you will have the opportunity to chat with him through our new Stocktwits chat feature. Don’t miss it! In today’s show...
View ArticleStockTwits Suggested–$DECK
The lifeblood of a trading desk is the flow of relevant factual trading information. We spend time training our traders from Day 1 on how to gather and share information so we can all make more money....
View ArticleCreate Your Forex Watch List and Learn Trend Confirmation Tools With Raghee...
In early October, SMB hosted a special guest webinar with Raghee Horner. Using real time charts, Raghee Horner shares how she generates her watch list and what tools she uses to confirm trends in the...
View ArticleWe are forgetting one important change in our economy
1. As @jheil said on Morning Joe yesterday, “The Yankees suck.” 2. Are we undervaluing an important positive change to our economy? That being: it has never been better to start a small business. If...
View ArticleTrading Lesson #1 (Again): Buying A Strong Stock At Prior Day’s Afternoon...
About a year ago I wrote Trading Lesson #1 offering a safe way to buy stocks that had shown strength the prior trading day. Let’s take a look at the price action from DECK today, which was discussed in...
View ArticleForex Trading Room Recap 10.18.12
In this segment, Marc Principato, CMT, explains why larger time frames are so important to analyze before taking day trades or even scalps. He examines the EUR/USD as well as the S&P 500 futures. –...
View ArticleIs The Trend Your Friend? Or Just An Acquaintance?
By marcp | View this Toon at ToonDoo | Create your own Toon We’ve heard it a billion times: The most effective way to trade the forex market is to trade with the trend. Like 80 years ago some fast...
View ArticleForex Introducing Brokers: Bad? Or Value Add?
Ask most new forex traders if they know what an introducing broker is and the answer you get is usually a blank stare. If you want to get somewhere in any business, it really pays to be familiar with...
View ArticleSpencer’s Trade Preview $CAT $SPY – 10.22.12
In this 1 minute video Steve explains his thought process with respect to trading CAT when the market opens. Key levels are discussed with price targets. In this 2 minute video Steve discusses recent...
View ArticleThe Chicken Or The Egg?
Hi Mike, First of all, i want to thank you for being such a great mentor. I’ve learned so much by reading SMB Capital blogs. I’m currently working a full time job as a Mechanical engineer and have...
View Article