From the Mailbag – Part 2

BellaMike Bellafiore's (Bella's) Blogs10 Comments

Yesterday Sam asked the following question ….Sam Says: February 25th, 2009 at 7:20pm: What characteristics make a good intraday trading stock?A good intraday trading stock offers you excellent risk/reward opportunities. It is a stock that you can read is about to trade higher or lower. A good intraday stock gives you good prints. A good intraday stock is one that … Read More

Buy to WYNN

BellaMike Bellafiore's (Bella's) Blogs3 Comments

I traded WYNN today.  It was a very good intraday trading stock.  I have noticed lately that stocks are being bought differently in this new market.  Let’s discuss the trading in WYNN today to explain. The market has sold off from 13,000 to today’s close of 7270.  WYNN has sold off from 110 to today’s close of 21.75.   Lately … Read More

How Do You Do It?

BellaMike Bellafiore's (Bella's) Blogs2 Comments

Whenever someone makes a good trade on our desk a common retort from another trader is “How do you do it?” I received two of these today from ALJ, who sits next to me. DE was the culprit. I was the protagonist. Profitable trades were my reward. DE was in play today. They reported. DE opened down. It’s first moves … Read More