How Do You Find The Best Stocks to Trade?

Jan 9th, 2013 | By | Category: General Comments
Share on StockTwits


Hi Mike…

quick question…. while your probably constantly reevaluating throughout the day, would you say its common for SMB to come up with another set of “in play stocks” for afternoon trading, or do you tend to stick with the original ideas from the morning?
thanks for all your advice and thoughts.

@mikebellafiore

1. We are experts in choosing the best stocks to trade intraday.  We are only as good as the stocks we trade.  There is almost never a trading day without trading opportunity for our desk because we are expert at finding the Stocks In Play.  Steve does an amazing job preparing our desk with the best stocks to trade with our SMB AM Meeting.  In fact today he prepared the desk so well before the open that I got an email from him explaining his awesomeness :)

2. We supplement our AM Meeting, with trading tools.  Tools such as the SMB Scanner and The SMB Radar.  We built the SMB Radar with Trade-ideas. These are professional proprietary tools that we have built to find the Stocks In Play.

3. We supplement our AM Meeting with our SMB Real-time.  Traders chat to each other about the most opportunistic stocks.

4. Guys on our desk are taught to call out stocks that are moving best intraday.  60 pairs of eyes are better than one.

5. Some guys on our desk scan tools such as Finviz to find sectors that are hottest and start to consider trades in these sectors.

6. A news feed is piped into most proprietary trading desks so traders do not miss breaking news.  One shop has this news feed built into its proprietary trading platform.  With the click of a key you can see the breaking news on that stock from your trading platform.

So we are very good about picking the best stocks to trade.  Often you do not need to trade more than what is shared during our SMB AM Meeting.  But we do supplement all of that with the above.

I hope that helps.  Thxs for the question.  Trade well.
Mike Bellafiore

One Good Trade

no relevant positions

Tags: ,
smb newsletter
Options Risk Disclaimer    Forex Risk Disclaimer

1. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB TRAINING also offers web-based, interactive training courses on demand.

2. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

3. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

4. SMB Training and SMB Capital Management, LLC are separate but affiliated companies.

5. No relevant positions

6. Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

Log in | 86 queries. 1.787 seconds.