Perseverance

sspencerGuest Blog, Sammy's Blog, Trader Development6 Comments

Perseverance: steady persistence in a course of action, a purpose, a state, especially in spite of difficulties, obstacles, or discouragement. At the start of the New Year, I set certain goals and high expectations for myself. However, in the month of January, I seemed to have a tough time trading. I started to have down days during my first two … Read More

80/20 Rule

BellaMike Bellafiore's (Bella's) Blogs5 Comments

Do you ever think about a company and critique what they can do better?  There are steps they could take to make themselves twenty percent better and you have found the path.  We are clients to some who could do things better and we have the answers.  But the question becomes what do you do with this information.  And what I … Read More

Stealing from Jimmer Fredette

BellaMike Bellafiore's (Bella's) Blogs4 Comments

Jimmer Fredette is considered one of the leading candidates to be named Naismith College Player of the Year. I watched him play last night against SDSU. What a treat to watch someone with such advanced skill compete in an important game. Recently I caught his interview on PTI (below) and was struck by his training practices to become one of … 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