Here is the followup from my earlier post titled “The Value Added Tweet“. I will break down my thoughts in bullet points to move this along so I can try to get some sleep. AMZN has a history of being bought on large gap downs after earnings. Even if it doesn’t fill gaps it still is capable of having large … Read More
The Value Added Tweet
I have been on Twitter for for almost three years and have tweeted about 2,000 times. I have found Twitter to be an extension of my personality for the most part. I tend not to offer ideas unless they are well thought out and therefore feel comfortable sharing them with others. I am amazed at the almost stream of consciousness … Read More
Traders Ask: Did I Give Back Too Much of My Open Profit?
Hi Mike, I haven’t hit you up for a trading question in awhile, hoping you have a couple minutes to share your thoughts on a trading issue I’m wrestling with. I am trading only 100 share positions, trying to gain consistency in my day to day efforts before increasing size. I’m wondering how you teach your new traders to manage … Read More
The Trader’s Journey: How Long Before You Feel Comfortable and Competent?
I just watched Mike’s presentation in Georgia Tech and I have a question that I hope Mike could answer. He was talking about how he would feel at ease practicing basketball. I played competitively for 12 years and I know exactly what he is talking about. The court is like my home and I feel an inner peace and happiness whenever … Read More
This is How You Make More Money
I tweeted on the open: A pattern to master for the open: The Opening Drive. See STX in the first ten minutes this am. My inbox is dominated with trading reviews of SMB Traders thirsting to make more, blog readers the same, and new traders looking for the path. Well here it is. The clean, trending STX. I traded it on the … Read More
Free webinar – The patterns that are working for this earnings season: a focus on social media stocks
Please join Mike Bellafiore, author of the “trading classic” One Good Trade, on Thursday, February 2nd at 4:15PM EST in the free webinar: The patterns that are working on this earnings season – a focus on social media stocks. Bella as always will take questions and encourage participation from members on his desk and viewers. Please sign up here. We hope you can … Read More
The Blowup
As someone who has been in the trading industry for over 15 years I am familiar with many traders and firms that have “blown up” over the years. The most recent public example of this was MF Global. Billions wagered on Sovereign European debt brought MF to bankruptcy. Probably the most famous blowup of all time was LTCM, which was … Read More
From the prop desk- A woman’s perspective
Hi Bella, I finished your book and it was so wonderful and inspiring. As a female trader (back in the game after a year and a half away, used to trade on a prop desk), I loved that you addressed the issue of women in trading, you sound like a great guy to work for. I would like to share … Read More