I tweeted on the open: A pattern to master for the open: The Opening Drive. See STX in the first ten minutes this am. My inbox is dominated with trading reviews of SMB Traders thirsting to make more, blog readers the same, and new traders looking for the path. Well here it is. The clean, trending STX. I traded it on the … Read More
Free webinar – The patterns that are working for this earnings season: a focus on social media stocks
Please join Mike Bellafiore, author of the “trading classic” One Good Trade, on Thursday, February 2nd at 4:15PM EST in the free webinar: The patterns that are working on this earnings season – a focus on social media stocks. Bella as always will take questions and encourage participation from members on his desk and viewers. Please sign up here. We hope you can … Read More
The Blowup
As someone who has been in the trading industry for over 15 years I am familiar with many traders and firms that have “blown up” over the years. The most recent public example of this was MF Global. Billions wagered on Sovereign European debt brought MF to bankruptcy. Probably the most famous blowup of all time was LTCM, which was … Read More