Trades Getting Out of Hand?
Ever start out simple, with just one or two trades, and then end up with an entire mess of options? Congratulations! You're now trading a "position". Perhaps you've heard the term but aren't sure...
View ArticleThe Technology Edge of Proprietary Trader Steve Austin
CNNMoney came to visit us this week to do a spot on our desk's NEW technology edge. I am the guy showing off the balding back of my head. You may have read recently about our JV with KTG in Midtown...
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My Stupid Trade in $QIHU
A few days ago my trading clerk asked me to take a look at QIHU. It had exploded above its ATH on heavy volume. I didn't take a trade in it on Day 1 but made a note of the 36.50 pullback low after its...
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How Do I Trade the Breakout Trade Better?
Below is an e-mail exchange between me and an SMB Reader, who is a pretty good trader. We discuss how to improve his Breakout Trade attack. This blog ends with related past posts. SMB Reader Mike -...
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How Do You Think this Trader is Doing?
Good evening Bella! I wanted to fire off a quick email to you, and if you had time to respond or blog post it, would greatly appreciate it. I just need some input from someone who has observed intraday...
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The Swing Trader’s Breaking News Dilemna
Hi Mike, I am a beginning stock trader. As I have another job to support me during my learning curve, I cannot trade intraday and instead I focus on swing trades that can last a couple of days. My...
View ArticleSMB Forex and Futures Weekly Analysis 5/13
In this segment, Marc Principato, CMT conducts broader time frame technical analysis on the S&P500 futures, EUR/USD, GBP,USD and AUD/USD currency pairs. This analysis offers potential support and...
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IBM Continues to Soften
Despite the SPX grinding higher, it looks like Big Blue is starting to roll over. After coming close to filling the gap around $205-206, it's refusing to participate with the broader indexes and is...
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Monthly Options Spread Trading is a 12-Inning Game
I’m mentoring a remarkable options trainee named Joe. We’ve been working together for over two years. Joe is remarkable for many reasons, but among them is the fact that he lives in Indonesia and is...
View ArticleDean Somes: Generating Portfolio Income through Credit Spreads and Iron Condors
Tuesday May 21st 2013 at 5pm EST SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the...
View ArticleForex Trading: The Benefits of Volume Analysis
Whenever I mention “volume analysis” in relation to forex trading, almost instantly I get the following question,”Hey isn’t the volume in the spot market unreliable since there is no central exchange?”...
View ArticleFree Webinar on College Students Training Program
Do you really want that boring desk job, pushing papers all day long, doing cold calling and taking orders from other people? Didn’t think so. So why not consider the life of a trader? If you’ve...
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A Well Priced Deal–$DDD
Publicly traded companies sometimes choose to raise capital by issuing more shares. This allows them to have more working capital without the burden of taking on debt. The better run companies tend to...
View ArticleSMB Forex and Futures Weekly Trade Review 5/17
In this segment, Marc Principato, CMT, reviews a EUR/USD trade that combines our favorite setup with volume analysis confirmation. To learn more visit:...
View ArticleTrading Off of Levels: How a Real Trader Works
There is this developing trader, who sends me a summary of his trading at the end of every week. I asked him to do this so I have data on whether we should hire him for the desk. He's not quite ready...
View ArticleSMB Forex and Futures Weekly Analysis
In this segment, Marc Principato, CMT conducts a broader technical analysis on the S&P 500 futures, EUR/USD, GBP/USD and AUD/USD. Use this to gather important for your strategies throughout the...
View ArticleTrade Review: $RAX
To receive Steve's Trade Review videos via email as they become available, please sign up below. You will receive his latest trade review on $DDD where he discusses a "momentum reversal" short. Steven...
View ArticleFree Options Webinar: Jared Levy of Zacks.com: The Vertical Spread Advantage
Tuesday May 28th 2013 at 5pm EST SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the...
View ArticleForex Trading: Position Sizing Is More Important Than You Thought
Too often I listen to inexperienced traders over reacting, exaggerating and showing how over dependent they are on things like technical analysis. Too many engineers and people who think they can...
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My Thought Process—$SPY Selloff
One type of price action that puts me on alert for a hard down move in the market is unusually large gyrations in quick succession. That is what is what we saw during the first few hours of trading...
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