Is Citron Research Committing Securities Fraud?

August 14th, 2016 The Citron Research website has been around for a number of years. It first came to my attention roughly five years ago when I was approached with an idea to make short trades based on their blog posts. That idea never panned out as the stocks they wrote about weren't very liquid, and therefore the risk/reward didn't make sense to me. Fast forward to 2015 and they were writing about short opportunities in large cap stocks. Citron and several others became very vocal about shorting Valeant Pharmaceuticals, a company that was a popular long position among larger hedge funds, and Bill Ackman in particular. Andrew Left, the owner/founder Read more [...]

What we have learned from mentoring/coaching traders

August 10th, 2016   Our firm in NYC has focused on training new traders to consistently profitable and then high performing trader over the past decade.  Here is what we have learned mentoring and coaching traders: Develop a Growth Mindset- Shark is one of our most successful traders we have trained from new trader to consistently profitable trader and then high performing trader.  Each day he works on his trading game to get better. Go back and reread that last sentence.  Those with a fixed mindset believe they can only be as good as their talent allows.  Shark has experienced a trading career from a different lense.  Every trading Read more [...]

SMBU’s Options Tribe Webinar: SMB Options Desk Trader John Locke: The Rock Options Strategy

August 10th, 2016 This week, SMB Capital Options Desk Trader and well know options educator John Locke returns to the Options Tribe to discuss his popular and powerful “Rock” trade. Read more [...]

Reduce Drawdowns Using Dual Trades

August 10th, 2016 In this video Andrew Falde shows you how to use two trades simultaneously to help reduce drawdowns. Andrew will be running a Systems Testing Workshop at 1pm EST today. Register now to get included in the webinar. * no relevant positions Read more [...]

A West Coast Story on Journaling

August 8th, 2016 Hi Mike--I listened to your video regarding the trader that was having issues journaling. I solved that same issue by typing onto the chart itself – – the reasons why I bought and sold at the exact point of entry and exit. As you know, Tradestation can pinpoint the exact point of entry and exit if you turn on that function.It's so much easier to learn from the visual texting notes on the chart, as opposed to going from the journal back to the chart and back to the journal again. And-- you don't lose "the flow" because your eyes are always on the chart! Let me know if that helps him. Best to you... Amy 🙂 @MikeBellafiore I Read more [...]

The way you express yourself successfully in markets

August 7th, 2016 I want to share with you an awesome video from Sherri Coale, Head Coach Women's Basketball, that will make you a better trader.  But exactly how needs some context, so first a few comments. It is really hard to start as a discretionary trader these days. HFTs cut and stop you out of positions. The media has been warning of a market crash for the past 7 years in a market that has done nothing but trade higher. There is the constant nonsensical faux fights between long term trading and short term trading, confusing the new trader about how to attack the markets. There is so much information thrown at new traders Read more [...]

Taking that next step forward in your trading with sizing

August 6th, 2016 I sit in a unique seat in the trading community.  For the past decade, I have trained traders from new to consistently profitable or failed trader.  As the author of two trading books, gratefully many reach out to me sharing their trading challenges and triumphs with the why and how.  What I do in my writing is share my observations from working with and exchanges with these new and developing and high performing traders to our trading community. Another one of our firm traders had a break through last month! He walked across that line from doubting developing trader to professional trader.  He is going to make it. Read more [...]

Current Emini S&P 500 Market Structure

August 5th, 2016 Here's part 2 of this free insight into using Volume Profile to find great trade locations. If you have further questions about adding this tool into your trading, reach out to Merritt at [email protected] Read more [...]