AIG Shenanigans

gmanGeneral Comments, Gilbert Mendez's (Gman's) Blogs13 Comments

AIG, our favorite momentum stock got back in play yesterday off the breakout at $14. I traded it okay yesterday though I didn’t make that much money off the initial point and change move after being long from 13.8. I actually made most of my money off the two consolidations at 16.4 and 18.65. I am still puzzled by the … Read More

A Trader’s Mentality

sspencerSteven Spencer (Steve's) Blogs6 Comments

I spent seven years with the firm where I began my trading career. Little did I know it at the time but I was surrounded by an unusually high number of very talented traders. One of the traits that they shared was an attitude that they would take out from the market as much money as they possibly could every … Read More

High Frequency Trading

BellaGeneral Comments, Mike Bellafiore's (Bella's) Blogs4 Comments

In light of all the recent commotion about high frequency trading (HFT), we have decided to compile a list of articles that depict the advantages, disadvantages, as well as arguments for and against HFT. The list follows below: Stock Traders Find Speed Pays, in Milliseconds: This is the original exposé by Charles Duhigg in the New York Times What’s Behind … Read More