I’m not sure when I first started reading about “window dressing” in the market. It may have been while reading Jim Cramer in the 90’s where he talked about the things managers would do to keep themselves from being fired. The basic idea is that managers would adjust their portfolios at the end of a fiscal period so it appeared … Read More
Forex Trading: Question The Market?
First I just wanted to announce that I signed my first book deal with Wiley and Sons which is a well known financial publisher. I am going to be writing a book about forex trading. Stay tuned for more info! One of the most helpful trading habits I learned over the years is how to question the market. Questioning the … Read More
The Term “Day Trader” Should Not Exist
I received this note from a pissed short-term trader: You could probably do a blog post on the term “daytrader”…….i.e., how this is negatively perceived by the majority outside of trading…..and even some within trading. Daytraders are portrayed as reckless, void of knowledge, gamblers, and somehow the piranhas of the trading community. Pisses me off. Which why I also do … Read More
Forex Workshop Recording: How We Find Pivotal Prices Using The Golden Mean
If you missed the most recent workshop with Marc Principato, CMT on “How We Find Pivotal Prices Using The Golden Mean”, sign up below to get the link to the recording. Marc explained how the traders in the SMB Forex and Futures program utilize concepts that center around the golden mean to find potential turning points on multiple time frames. … Read More
A Trader from Israel is Pleased
I wanted to share this terrific email I just received from an enthusiastic reader (and trader) of my first book, One Good Trade. Frankly, it’s emails like this that make all the hard work that goes into writing a book worthwhile. @Mikebellafiore Hello Mike, I just finished reading your first book One Good Trade, and as one who is already … Read More
How Do I Find a Firm to Back My Trading?
Hi Mike. I’ve been a long-time reader of your blog and not only love your analysis of the markets, but also how you always point out the hard work it takes to be a great trader. I’ve been trading full time for four years now. I started trading equities based on fundamentals, lost $2k in six months. I read about … Read More
Forex Trading: SMB Forex/Futures Volume Analysis on FOMC
In this installment of the SMB Forex and Futures Weekly Trade Review, Marc Principato CMT illustrates how our volume analysis helps us recognize an opportunity as important market moving information unfolds. This same information is what helps us let a winner run. To learn more visit: http://bit.ly/smbhome [purehtml id=20] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Forex/Futures Weekly: Holiday Expectations
In this segment, Marc Principato, CMT analyzes the S&P500 CFD, EUR/USD. GBP/USD and AUD/USD for the week of July 1. Gain perspective and recognize emerging opportunities if they present themselves. To learn more visit: http://bit.ly/smbhome [purehtml id=21] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions