End of the Month Review

BellaMike Bellafiore's (Bella's) BlogsLeave a Comment

I love stats. One of my favorite books is MoneyBall. Presently I am hooked on the wOBA that Rob Neyer has been blogging about. When I read rumors about the Yanks getting Sabathia or Burnett or Lowe I immediately check their important stats, such as their WHIP and strikeouts per innings. For me the idea of being able to quantify … Read More

How To Combat Overtrading!

jtomasuloGeneral Comments6 Comments

As I sit here the night before Thanksgiving, I am reflecting on my trading over the past couple of weeks. I have realized that one major flaw has seeped into my trading. This money eating flaw is over-trading. I have been trading for close to 15 years and it amazes me that this bad habit continues to rear its ugly … Read More

RIMM

sspencerGeneral Comments, Steven Spencer (Steve's) BlogsLeave a Comment

RIMM is about 70% from its high.  It seems real cheap based on next year earnings projection of $4.50 per share.  But the price action indicates that noone believes those estimates.  There are probably a lot of people betting that RIMM will have trouble matching this years $3.50 per share.  So perhaps RIMM will have one more down leg. RIMM … Read More

Risk: SO Not Just A Game

Mark McLeanGeneral Comments9 Comments

During a good film session today with a senior trader I got to get a clear look at how quickly I lose control of my risk and put my trading day in complete jeopardy. The film was from Thursday of last week when I was daytrading SRS (the real-estate ultrashort ETF) actively. To give you an idea of how the … Read More

Sunday Thoughts

BellaMike Bellafiore's (Bella's) Blogs3 Comments

At the office doing a few things with Steve, GMan, and Charlie. We are gonna watch some film at 3:15 with a few traders. We are putting together some new materials for Advanced Training and reworking one our websites. I am done with most of my part of that work. So now I starting to think about next week. And … Read More