The Stock Market Does Not Exist To Serve The Long Term Investor

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trading Theory1 Comment

I appreciate being invited on to Bloomberg TV Monday to share my thoughts on market regulation and HFT trading. This issue has received a lot of press recently in part thanks to Mark Cuban who has used his notoriety to bring attention to an important issue. I applaud him for using his platform for bringing this issue into focus, first … Read More

Why I am Getting Stopped Out More? (Part II)

BellaMike Bellafiore's (Bella's) Blogs26 Comments

Yesterday we explained a trading algorithim on more desks that may explain why swing traders, retail traders, long-term investors/traders are getting stopped out more on their positions. Today we will explain another part to the algorithm that eliminates one possible adjustment. So as we discussed, say we are long at 30 with a stop at 29.84. One way to combat the algorithm that is … Read More

Inside the World of Prop Trading: A Journey with the Disciplined Investor

smbcapitalGeneral CommentsLeave a Comment

Mike Bellafiore, author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading, was featured on The Disciplined Investor. Mike talks with host, Andrew Horowitz, about the shift to high frequency trading (HFT) in the trading industry and the ways SMB has adapted to combat the adoption of HFT. Andrew does a weekly podcast, which can be found … Read More