Here is an impressive observation made by a developing trader on the desk that can help your trading, specifically your scalping. The trader observed: I have sometimes gotten in situations where I have an overall directional bias on the name I’m currently trading, and it ends up bleeding into the actual scalps I’m taking. Scalping Rules (The secrets to scalp … Read More
The Healthy Happy Trader
We noticed one of our developing traders on our proprietary trading desk in NYC looking crestfallen. I asked to speak with him privately off the trading floor. Why was this trader so dejected? The trader had built signals that alerted him to a trade. He misread the signals and took the trade short when the signals indicated long. The trader … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of October 30, 2023
Happy Sunday, Traders! What a week that was last week. A sea of red and a whirlwind of fear dominated the market, and as a result, there were a host of brilliant opportunities. The range expanded, and volatility increased. However, if you traded with preconceived notions and bias, then you may have found yourself getting in trouble. In environments such … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of October 23, 2023
Happy Sunday, Traders! I hope that you have all been keeping well and, most importantly, safe! Last week was certainly eventful, with earnings now well and truly underway. The upcoming week will set the tone for the weeks to follow, in my opinion, with many mega caps set to report. As I have mentioned in my latest posts and video, … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of October 16, 2023
Happy Sunday, Traders! As I mentioned in the blog last week, I will be traveling until the end of October, so the posts will be shorter than usual until I return. Last week’s action kept day traders and, more specifically, small-cap traders extremely busy and on their toes, with several stocks throughout the week doubling, tripling, or even going up … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of October 9, 2023
Traders, Happy Sunday! I sincerely hope that you have all had a relaxing, peaceful weekend. As I mentioned last week in the blog and video, I will be traveling until the end of October, so the posts will be shorter and slightly different until I return from my travels. But don’t worry, I won’t leave you hanging! I would still … Read More
The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of October 2, 2023
Traders, Happy Sunday! I hope you’ve all had a restful and enjoyable weekend! Quick side note: I will be traveling and working part-time remotely from next weekend until the end of the month, so expect shorter trade plans until I return! If you missed the breaking news and developments about the potential government shutdown this weekend, there will not … Read More
Alert: Mike Bellafiore Impersonator on LinkedIn
Someone is impersonating me on LinkedIn and I wanted to alert you. The Impersonator LinkedIn Account The impersonator created a LinkedIn account that looks like mine, but with a slightly different handle. Here is the LinkedIn account that is impersonating me: https://www.linkedin.com/in/mike-bellafiore-30014a269/ I suppose next the impersonator reaches out to my network asking to connect. Then it sends messages to … Read More
