The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Its Probably Going Up
I started trading AAPL around 10AM this morning. I noticed it held its small gap from the Open and that each time it was dropping below 202 it would quickly recover. I also noticed that each time it popped above 202.50 that it would fail to hold the bid and drop back down. My thought process was that AAPL had … Read More
SMB Morning Rundown – February 16, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Skills Overpowering Knowledge: Learn to Be Patient
Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about why, because of the increased volatility in the Market recently, it is critical to have developed trading skills
Insufficient Trader Training
In our smallest office in our downtown Manhattan digs I was an actor in this conversation. “We make trading too hard,” said the new, gregarious trader. “I am not sure what you mean. Trading is about learning set ups and then mastering the fifteen subsets of each play,” I replied. “See that is where I think I go wrong. I think trading … Read More
International Trader’s Expo
Please join us at the International Trader’s Expo in NYC Monday, February 15, 2010 from 8:00AM – 9:00AM where Mike Bellafiore will be part of a StockTwits Panel.
SMB Morning Rundown – February 12, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Part of Being a Successful Trader
For those of you who trade as part of a desk I’m sure you have heard expressions like these a thousand times: “I can’t believe I missed that move in XYX. I was wating for that breakout for a week!” “I got stopped out in ABC then it took off!” “I missed getting hit on the bid by a penny … Read More