Trading would be a great business if our stops were never hit 🙂 – Corey Rosenbloom of afraidtotrade.com
Expiration Friday Pinning Trades in GOOG and AAPL
The great thing about options is that they can be played in so many different interesting and creative ways. A case in point: There is a cult of options traders who focus on the last two days of the monthly options expiration cycle. These traders focus, separately, on expiration Thursday trades and expiration Friday “pinning” trades. The premise for each … Read More
SMB Radar Update for June 17, 2011
The Strong/Weak Today column ranks stocks based on the price change relative to the stock’s opening price. These stocks tend to have strong/weak opening drives and continuation moves. The idea here is to find opportunity in the strongest/weakest stocks in the market. When looking through the column, we always take note at how In Play the stock is to gauge … Read More
Trading Thought of the Day – June 16, 2011
Risking the same amount of money on every trade is mistake. Know your best trades and allocate 30 percent of your intraday stop loss for them.
SMB Radar Update for June 14, 2011
These are today’s top stocks on the In Play column on the SMB Radar. This is the most important function of the scanner. The Radar uses a number of proprietary algorithms on a prescreened universe of stocks and processes every tick in search of finding stocks that are In Play. These stocks have unusually high order flow that indicates heavy … Read More
One Good Trade Excerpts: Power Hour Stock Insights
Excerpts by Flurin Coretti from One Good Trade. ❧Trading is about skill development and discipline. Unfortunately, too many people think trading is just about making predictions, loading up, and being “the man” by holding stocks. ❧Being a consistently profitable trader is about doing the thousand little things every day—like proper preparation—that impact your P/L. ❧A great trader is an elite … Read More
Forex Trade. Let’s find some levels of support. Shall we?
What we can see in the above picture is a more bearish than bullish market. Once the price starts dropping, you ask yourself two questions, either I sell or find support for a possible rebound. In this case, we chose to recognize a support level. As you can see at the top left corner, the time frame of this trade … Read More
From Good to Great: Using the Principles of Elite Performance to Grow Your P&L
Thursday June 13, 2011 The Traders Expo is on its way to Dallas, June 15 – 18. Mike Bellafiore, SMB co-founder and author of One Good Trade: Inside the Highly Competitive World of Proprietrary Trading, will be attending and speaking on the following topic: