Awesome Links of the Week!

Jan 31st, 2010 | By | Category: Mike Bellafiore's (Bella's) Blogs
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The AAPL iPad disappoints some.

Standing up for Wall Street.

The Fed leaves rates unchanged and signals it will for awhile.

Is there an incentive for the Republicans to work with President Obama?

Why populism is never successful.

In this day of omnipresent media coverage, where statements can become viral within hours, were these comments appropriate?

There is nothing more important for financial services providers than our integrity.

Thanks to @howardlindzon for sharing this interesting idea on trading sabbaticals. For me the best I can do is a week of my kindle, a private beach, and the Caribbean.

Your life is what you do and not how much you make, where you sit on an airplane, who your parents are, or where you live (it is also partly how hot your girlfriend is :)

Who is our Seabiscuit? Captain Sullenberger? President Obama? James Cameron? Derek Jeter? Peggy Noonan? You?

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  • markus

    Mike,

    two questions:
    1. As far as I know trading is a zero-sum game. So, how do you think the failure rate coud decrease significantly? This game is balanced. If the failure rate will be 50%, these 50% would have to provide the other half with all the necessary profits in order to succeed. Do you think this could work?

    2. TNext question regards the intraday fundamentals. You trade stocks in play mostly meaning significant news moves the stock. But if you watch the order flow and know your levels and chart formations, what does intraday fundamentals mean? Knowing when they announce the news and what will be expected? Hearing conference calls? Do you think a trader on your desk should read the news, compare it to the general expectation and then go and trade with a bias?

    Thanks,
    Markus

  • markus

    Mike,

    two questions:
    1. As far as I know trading is a zero-sum game. So, how do you think the failure rate coud decrease significantly? This game is balanced. If the failure rate will be 50%, these 50% would have to provide the other half with all the necessary profits in order to succeed. Do you think this could work?

    2. TNext question regards the intraday fundamentals. You trade stocks in play mostly meaning significant news moves the stock. But if you watch the order flow and know your levels and chart formations, what does intraday fundamentals mean? Knowing when they announce the news and what will be expected? Hearing conference calls? Do you think a trader on your desk should read the news, compare it to the general expectation and then go and trade with a bias?

    Thanks,
    Markus

  • Tapetrader

    I came across this link about elite performers that I want to share:
    http://coach.monster.ca/10671_en-CA_p1.asp

    My personal favs are focus on the worthy and live your truth, rings true to trading as well :)

    Tapetrader

  • Tapetrader

    I came across this link about elite performers that I want to share:
    http://coach.monster.ca/10671_en-CA_p1.asp

    My personal favs are focus on the worthy and live your truth, rings true to trading as well :)

    Tapetrader

  • Ross

    here’s another view on the brooks article on populism from Matt Taibbi – http://trueslant.com/matttaibbi/2010/01/27/populism-just-like-racism/

  • Ross

    here’s another view on the brooks article on populism from Matt Taibbi – http://trueslant.com/matttaibbi/2010/01/27/populism-just-like-racism/

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