Trading Lesson: When Price Action Confirms A Trading Thesis

via SMB Capital – Day Trading Blog:

In this video I discuss a fairly common trading pattern that occurs when a stock in a long term down trend gaps lower. The discussion is from our AM Meeting where I prepare the desk to trade each day prior to the Open.

Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 17 years. His email address is: sspencer@smbcap.com.

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SMB Capital – Day Trading Blog

Trading Lesson: When Price Action Confirms A Trading Thesis

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