Weekend trading lessons to help you improve your trading

BellaBella Daily Update

How to increase your daily profitability  Turning a huge misconception about options into a big opportunity  How to make an effective IPO Trade to boost trading profits Performing like a pro trader (Mike Bellafiore interview) Why traders should attend Traders4ACause *no relevant positions Important disclosures

The issue that many traders needed help with this week

BellaBella Daily Update

There is an issue that many traders needed help with this week. I saw this need across the board and at many firms, even firms trading different products. It is a tricky subject with a different answer for different traders. But it just kept coming up this week. Getting this aspect of your trading right is the difference between struggling … Read More

Optimizing Discretionary Trading with Automation

BellaGeneral Comments

At our firm, traders can be discretionary traders, automated traders or hybrid traders.  Discretionary traders push the buttons and make their own decisions.  Automated traders develop and idea, backtest, forward test, and then let computers run the strategy.  Hybrid traders do a little of both and use technology to inform better discretionary trading. Often we hear in the Financial News … Read More

Build trades around the direction of the real trade

BellaGeneral Comments

In a monthly review, a promising trader found an important area of improvement: build trades around the direction of the real trade.  The trader in his monthly review wrote: Before the Open yesterday, our top trader was fielding trade ideas from junior traders on his desk.  One junior trader offered an idea that was dismissed by the top trader.  He … Read More

Exploring a Newly Stressed Trading Strategy on the Prop Desk

BellaGeneral Comments

A tight wedge pattern for Stocks In Play is favorite trading strategy newly stressed on our proprietary trading desk. Two chart examples of this trading pattern were seen just yesterday with ATI: and CSX: I prefer when these wedge patterns appear in a Stock In Play- something with a news catalyst behind it. Breakouts from these wedge patterns work best … Read More