(This blog was written on 1/25/11. But I’m lazy so didn’t post it until tonight) When a stock has fresh news and huge volume it is a great trading candidate for me. My experience tells me that there will be more trading opportunities intraday in these situations and the risk/reward will be more favorable than most other trading scenarios. In … Read More
During Part I, Part II, and Part III of this series we identified a new algo on the desks of more traders that may be causing us to get stopped out more. For Part IV let’s offer some solutions. Some ideas from SMB Readers: Trade instruments wich are more liquid or trade on a higher timeframe. Cheers, Markus This is … Read More
Trading MON with Mike Bellafiore.
Question: I basically swing trade. I always try to put on a position in 1/3’s. How does that work daytrading? Is there time to do a position that way? I like to have another good entry point to add to a trade. How is that possible in a daytrade. Maybe I just am not used to that fast of a … Read More
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Perseverance: steady persistence in a course of action, a purpose, a state, especially in spite of difficulties, obstacles, or discouragement. At the start of the New Year, I set certain goals and high expectations for myself. However, in the month of January, I seemed to have a tough time trading. I started to have down days during my first two … Read More
A look at a developing trader’s reversal trade in NBL on 1/29/11
Do you ever think about a company and critique what they can do better? There are steps they could take to make themselves twenty percent better and you have found the path. We are clients to some who could do things better and we have the answers. But the question becomes what do you do with this information. And what I … Read More