So while reviewing my day’s trading film with a senior trader and a group of young up-and-coming millionaires, I was caught taking a position in a “fast mover”. I characterize a fast mover as those times when you can buy a small amount of shares (or large, if you possess the dinero y cajones) and possibly catch a point or … Read More
Talking Yourself Out of the Market
So everyday when the trading session begins in New York I pride myself in being able to gauge what kind of day it might be and base my aggression and ultimate moneymaking potential on that judgement. Some of the factors that I use to base my judgement on are the volume and potential moves of stocks that are in play. … Read More
Film Time
One great tool that is used on our desk is a screen recorder that allows us to record our trading in real time for later review and critique. This is a lot like game-time (or practice) films that any athlete is familiar with. The quote was always “the films don’t lie” as your were captured in slow motion missing that … Read More
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