Find the Best Teacher

Mike wrote a very thoughtful article for SFO Magazine about how to find the best teacher.  In the article, Mike discusses the characteristics of a great teacher and why it is important to find someone with these qualities when searching for guidance.  You can read the article here.  Feel free to leave comments on this blog. Please follow and like … Read More

Growth

Today is a good day to sit around and think about how we will improve as traders. Between the barbequed chicken, Cavs/Magic game, summer beers, and crazy relatives there is some time to reflect. Back in the day I would be someplace like Hilton Head, with a rental on the ocean, on an immaculate course, thinking about a new club … Read More

One Trick Pony

I get too many emails from, I meet too many people who, I hear of too many stories of traders who live off of one play. Commonly this play is as follows: a trader sees a big bid and they step in front or they see a big offer and they step in front. This is my definition of scalping. … Read More

Anatomy of a Rip

I mentioned last week that I would blog the next time I took a rip of more than 1K.  Unfortunately,  I ripped up a lot more than that today.  There were several reasons why I took this unnecessary loss and they were all my fault.  Sometimes as a trader you will take a large loss due to market circumstances.  But … Read More

Center of the Green

Trading is about skill development and discipline. A huge advantage that intraday traders have over most is our trading skills. Most can’t grind it out and make the spread. Most traders can’t play the momentum, exit, and then flip their positions. But we are also judged on our discipline. And certain days call for restraint. And we must recognize such … Read More

SMB on CNBC HALFTIME REPORT (in the studio)

Jeff Tomasulo, senior trader at SMB Capital, appeared today in the studio on CNBC’s Fast Money Halftime Report. This is must see TV. Watch the clip here and leave your comments on this blog. Best of luck with your trading! Don’t forget to follow us on twitter. Please follow and like us:

Let It Breathe

As intraday trader we seek catalysts. By catalysts I mean something that will now make our stock move. And when we find a catalyst we then expect our stock to move immediately. But sometimes we need to let our stock breathe. Let’s discuss. There was an epic battle at 42 yesterday in STT. A secondary was announced at 39. Buyers … Read More

SMB on CNBC HALFTIME REPORT

Jeff Tomasulo, senior trader at SMB Capital, appeared today on CNBC’s Fast Money Halftime Report. Watch the clip here and leave your comments on this blog. Best of luck with your trading! Don’t forget to follow us on twitter. Please follow and like us: