In our SMBU Daily Video, learn more about trading off stock rumors.
In this video from Mike Bellafiore, you will learn:
- The important principles of trading stock rumors
- How to trade stocks hit with fresh rumors
- How to handle a trade that moves against you from a fresh rumor
- How to turn a temporary inconvenient move in a stock into a trading opportunity
We hope this video helps your trading.
*no relevant positions
3 Comments on “Learn How to Trade Stocks Hit By Fresh Rumors (SMBU Daily Video)”
good story!
Given my past experience, I would like to emphasize the fact that it would be reckless to re-short aggressively without adjusting your risk parameters. Bella, I know that you had a tighter stop for your larger position. This is for the n00bs.
Very good advice. I always rush the setup, jumping in before it’s ready to move in the direction I believe it will go. I have to let it make the move first.