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:
Katz’s Corner: Coping with Uncertainty
A recent article from Trader Psyches discusses the challenges traders often face when confronted with the market’s constant uncertainty and ambiguity. Dr. Jonathan F. Katz, performance coach at High Performance Associates, provides his response to the article: “The ambiguity of uncertainty”…..one of the great challenges of life…especially for traders and individuals working in high performance outcome professions like sports … Read More
SMB Morning Rundown – June 13, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Man v Machine: CTXS Opening Trading
The other day I mentioned on my Twitter account (@sspencer_smb) that I would begin to blog about my daily interaction with HFTs in the US equities markets. I have been actively trading stocks with heavy HFT activity since at least 2003. In 2003 I traded AAPL on a regular basis and it was already flooded with dozens of HFT programs, … Read More
Smart Thinking About Capital Levels and Simulation
One of the great things about our growing Options Tribe community is the number of experienced spread traders that are actively participating and communicating their thinking to us. This free exchange of ideas is what the Tribe is all about: the more that people share their perspectives and approaches, the stronger we all become as traders. Recently, I received an email … Read More