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SMB Capital
@smbcapital
Proprietary Trading Desk in NYC backing discretionary and quant traders. Join Our two hour intensive webinar!
参加 December 2008
274 フォロー中    92.2K ファン
🚨 Desk Alert: Today’s PlayBook Review — Nolan Takes the Hot Seat 🚨 Today we are back for another mentoring session that our traders have used for over 15 years to build their trading business—the PlayBook. Nolan Lennon is stepping into the hot seat today to deconstruct a live setup from his trading ledger: The Day 2 Play in $WFF. Nolan was a traditional hire for us—he interned with us in college, did two separate internships, consistently stood out, and earned a full-time offer to join our desk. But because Nolan is a new hire, the bar is exceptionally high. I have graded hundreds of these presentations over the years. On our desk, 80 gets a Junior Intern passing grade, 85 is the Senior Intern benchmark, and 90 is the line required for new hires. Today, we will grade Nolan using our 10-point scorecard for 10 elements of The PlayBook. What You’ll Learn Today: • The Low-Float Day 2 PlayBook: Why low-float runners trade in distinct cycles, and how a stock that "should be dead" after a massive Day 1 run can trap early shorts and trigger an explosive Day 2 continuation squeeze. • Confirmation vs. Anticipation on Opening Ranges: Nolan identifies a clean Opening Range Breakout (ORB) on Day 2. We’ll examine whether he waited for volume to confirm the reclaim or fell into the trap of anticipating before the tape gave the green light. • Trading Limit Halts (LRP Bands): Low floats on 10% limit bands demand unique tape mechanics. Nolan walks through how he navigated LRP halts—and I will challenge him on whether scaling out 40% on the first LRP up left way too much R on the table. • No More Piker Sizing on A+ Setups: When a stock trades over 146M shares on Day 1 and continues to hold elevated RVOL with under 1% short interest, how do you size it? We’ll look at whether Nolan sized up to his conviction or stayed in hesitant "C-tier" risk. • Custom Technology & Range Breaks: Nolan shares how he utilizes custom scanners for high dollar-volume runners under $10, LRP montage tools, and automated Range Box tech. We’ll see how systematizing your screeners prevents you from missing moves. Get off the sidelines, come support Nolan as he takes the hot seat, bring your questions, and let’s see what grade he earns today. Will Nolan pass? 📍 Where: SMB Inside Access — The PlayBook ⏰ When: Wednesday 1:30 PM EST One Good Trade, Bella
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