Hi Mr. Bellafiore, I read your book and have been a daily reader of the blog ever since. I especially appreciate your and Adam Grimes’s posts. I trade the e-mini (ES) but would like to trade more stocks if I can figure it out. The recent post on execution was pointed. I suspect the difference in the trader who was shaken … Read More
Book update
An update from Adam, who has been MIA for a month… what has he been doing?
Recap: SMB Gameplan
In this video Steve Spencer recaps the stocks discussed in yesterday morning’s Stocks In Play call. These stocks included SVU, FSLR, CHKP, ZIP, FSLR, MGM, and LMT.
SMB Radar Update for April 14, 2011
These are today’s top 10 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 … Read More
SMB Radar Update for April 12, 2011
Today the energy sector is leading the market lower. When looking for stocks that are in an intraday downtrend, we use the Trending Down column on the Radar. In today’s column, 7 out of 12 of the top Trending Down stocks are in the energy sector. Remember, the brighter the red, the more In Play the stock. The brighter blue, … Read More
Simon Says Simply Read The Tape
Day trading profitably requires Reading the Tape. Reading the Tape is a skill. It’s a skill that can be learned. However, it doesn’t always come easy to the beginning or underperforming traders. Listening to Simon is tape reading in its purest and simplest form. Learning to Read the Tape in a manner that simplifies your thought process frees you from … Read More
Is it Possible to Day Trade AND Employ Non-Directional Options Spread Strategies?
On the surface, the intraday trading strategies of equities and non-directional options spread trading would seem to be mutually exclusive. Day trading depends to some extent on strong directional movement that allows the day trader to get long or short a stock at at the right time and then ride that direction until an opportune time to exit emerges. Non-directional … Read More
SMB Radar Update for April 7, 2011
These are the top 5 stock on today’s Opening Range column on the SMB Radar. The opening range filter records a static snapshot of the Unusual Movers at 9:45. These are stocks which had an unusual move in early in the session compared to historical opening ranges. Today’s Opening Range stocks are all in bright red, which means they are … Read More