What worked well on our trading desk in 2017

2017 was a very strong year for our trading desk in NYC. After such a strong year it is important to study what went well so we can do more of it in 2018. So what worked well for our trading desk in 2017? Team Trading Senior traders who embraced building Teams made more.  Junior traders who were willing to … Read More

Are there less opportunities in this market into the close for traders?

A reader asked: Hello Mike. I have been involved in trading for a number of years and follow your youtube channel with interest. A quick query when you have some time. Going back a few years, the main ‘focus’ for trading (mainly using the tape) was on the open and the first hour of trading. Then also the last hour … Read More

Trading lessons from Happy Hour

We held a traders Happy Hour last night for our proprietary trading firm. Some of the new hires having a blast asked how often we hold Happy Hours.  And I thought, “What we don’t cover this during recruiting?”  Note to HR. Rooming the room to check in on everyone a few trading lessons emerged: Traders were gathering and discussing new … Read More