One of the things I like about SMB, you never hear these guys swear in their videos. Clean professional language! Great work once again.
@smbcapital3 жыл бұрын
haha every once in awhile it might happen :)
@flash123193 жыл бұрын
you clearly haven't watched alot of videos😂😂
@jameswatt88413 жыл бұрын
Nice to see previewed in the free morning meeting, And then get a complete summary of how it was traded. Unreal. Best training tool is Smb and it’s free.
@billyblack3816 Жыл бұрын
If something is up 6+ ATR it's probably not a good idea to buy into an acceleration of the tape at the open. Almost seems like the most logical thing to do is let price get below a key level and let buyers prove that they won't give out. This is super educational thanks a lot !
@DedicationSi3 жыл бұрын
Incredible work from those two 👏🏻 They deserved more from that trade based on their research alone.
@smbcapital3 жыл бұрын
the market gods will only give you so much ;)
@jameswatt88413 жыл бұрын
Does anybody know what their chart volume setup is called? I see their volume candles show proportional buying vs selling data. That Would be very useful
@carlboitz68343 жыл бұрын
these guys crushed it!
@smbcapital3 жыл бұрын
they did
@HamsterHearthstone3 жыл бұрын
Can you guys make a video explaining the super bizarre bands of bids and asks following the current price around on the SPY etf? Like, it does not look like a collection of random bids or asks by independent people. Rather, it seems a single entity is doing it on purpose. What's the idea behind it?
@johnk16393 жыл бұрын
I figured when you were being quiet you were impressed by the trade 😀
@ASWDesign3 жыл бұрын
Would be cool to see the Tape not only on the lifting the offers on the way up, but when the tape chnges as a Reason2Sell. Also an explanation of T&S unless not being looked at when bids are stepping up.
@smbcapital3 жыл бұрын
Good idea Ashton!
@fullstackpho6583 жыл бұрын
Huge fan of the videos, thanks so much for sharing these! I have a quick question for you. I have noticed that before each trading session, your traders are conducting extensive research into a proposed trade. The trade is promising, in that it has good risk/reward, and also seems likely to play out in the market. However, what happens if the stock does not behave as expected, and in fact, the trade plan is now completely useless? Does this mean that your traders that worked on this trade that day will not trade for the day, or do they prepare multiple plans of attack prior to market open for a single trade, or for multiple trades? Thanks in advance!
@smbcapital3 жыл бұрын
our traders generally have multiple plays they are looking at. If they aren't seeing anything worth trading then they will use that time to focus on other areas of their trading such as building scripts or continued research or back testing ideas.
@fullstackpho6583 жыл бұрын
@@smbcapital Brilliant, thanks so much for the insight!
@savalisadkins47093 жыл бұрын
Predator and Sniper.........mic drop.
@ashishlanje27173 жыл бұрын
At what price you enter in the trade when u see 64 is holding on tape initially..... Thank-you
@ktrades28983 жыл бұрын
Great video and information. What software do you use to get Average Stats? Are these stats for earnings gappers on PINS or on any gappers on PINS.
@smbcapital3 жыл бұрын
I think these traders used excel to get that information. You can usually pull this info off yahoo finance or google finance into an excel sheet. Should be able to enter the symbol you want and then hit a hot key to do the calculations for you.
@tinyboy20063 жыл бұрын
🔥🔥🔥🔥🔥
@Jimmy-sj8pi3 жыл бұрын
What is the platform you guys use to read the tape? ToS has bad tape but I like the charts on it.
@aammssaamm3 жыл бұрын
You video is not working with 720 px quality on ipad.
@smbcapital3 жыл бұрын
It was shot in 1080 so not sure why you had that issue.
@CRoth11243 жыл бұрын
SMB Cap! Please help! I want to start tape reading but I use thinkorswim and the level 2 is horrible, what do your traders use or at least what do you guys recommend?! Thank you in advance.
@smbcapital3 жыл бұрын
We have our own in house platform. Some good platforms for retail out there like lightspeed, das trader, Interactive Brokers.
@CRoth11243 жыл бұрын
@@smbcapital can they be used in conjunction with thinkorswim? Or should I be looking to switch platforms completely?
@CRoth11243 жыл бұрын
@@light_skit good point. Which platform do you use for level 2?
@John_DaMan3 жыл бұрын
@@CRoth1124 yes, I am trying to use think or swim level 2 also. It's useless for me and don't help...I think tos is just horrible for this.
@kallolhazra28623 жыл бұрын
Have you noticed that Mike looks like steve jobs and kinda sounds like him