Blog Detail
SMB Capital - Day Trading Blog
http://www.smbtraining.com/blog
SMB Blog shares market stories and trading lessons from experienced, professional proprietary traders. Here, we discuss trading setups, the psychology of trading, and trading fundamentals. SMB Blog also offers coaching, market commentary, and interesting stories from successful active proprietary traders at SMB Capital. We encourage you to learn more about our bloggers by clicking their biographies on the main page. We also welcome your comments and questions about trading and invite you to learn more about SMB Capital by visiting our homepage at www.smbtraining.com
Recent Posts
If It Ain’t Broke Don’t Fix It
A bunch of trader’s on our desk made nice chops shorting RIMM yesterday at the 65 level. The trade worked four times. Today the trade was highlighted in our AM Meeting and tweeted as our Best Morning Idea. I checked my risk monitor at 11:...
SMB Capital on StockTwits TV
Yesterday, SMB Capital’s head trader, “Gman” appeared on StockTwitsTV to discuss the Market and the stocks in play for the day. Gman also talked about the effect of HFT on trading and how he is making adjustments to combat the progr...
Buy the Tanking Futures Program
When trading we watch a stock’s corresponding futures or index. For MON the stock I was trading on the Open, SPY is my corresponding index. Generally when SPY trades higher MON should and when SPY trades lower then MON should follow. I sa...
Trading A Breakout: MON
The MON move that began at 2:30pm on November 10th 2009 was a classic breakout trade on heavy volume. The catalyst for the move were the documents that MON released on its website giving financial projections for the next three years. But put asi...
How Would You Trade This Setup?
MON had been consolidating in a tight range for the past three days between 68.70 and 70.30. Today it finally moved. How would you have traded it? Take a look at the two charts below to better understand the context of the move. How will yo...
Important Market and Stock Level Pattern
We have been waiting for GS to hold above 173.50. I quick check of the 5 day in GS will so confirm. 108.10 SPY is an important technical level. A hold above and our next important level is SPY 110. Before the open you should have had these though...


nice job
Posted: June 23rd, 2009 | More Reviews From leisureforte | Report This Comment