Should this trader quit?

BellaMike Bellafiore's (Bella's) Blogs23 Comments

I received this email recently: Hello.  This is a retail level trader with almost 3 years of trading experience in s&p mini futures.  During those grueling 3 years, I’ve suffered nearly 25k in losses, most during the 2008 crash where emotions got the best of me.  Since then, I have learned the importance of risk management and now I am at a point where my … Read More

Traders Ask: How Do I Make Adjustments?

BellaGeneral Comments3 Comments

I received the following email from trader Angel: Hey Mike! I hope that my email finds you well. I have topic that may benefit some other readers as well. It’s about re-inventing the wheel. Back in april and early may I was trading very well. I had multiple $1,000 days and even a $3,000 day. However, when the volatility increased … Read More

Adapt to Survive High-frequency Trading – SFO Magazine

smbcapitalGeneral Comments, SMB In The News, Trading Psychology, Trading Theory9 Comments

Mike Bellafiore, partner at SMB Capital, wrote an article for SFO Magazine, titled “Adapt to Survive High-frequency Trading”.  In the article, Mike discusses the effect High Frequency Trading (HFT) has had on the markets and the changes short-term traders need to make to adapt.  Read the full article here and feel free to leave your comments on this blog. Don’t … Read More