Stock day traders who act in sync — no matter the stock, or whether they are buying or selling — makemore money at the end of the day than their out-of-sync peers, reports an analysis to appear in the Proceedings of the National Academy of Sciences. Making its rounds on the trading twitter circuit was an interesting article about how intraday … Read More
Traders Ask: How do I “repair” my deep in the money covered call option?
A reader asked us for help in the following situation: “I have a question and wonder if you will help. I would appreciate very much any advice that you can offer. I have 100 shares of GMCR stock and I have written a covered call– June ‘ 11/ strike 43– against it . The stock gapped up from 41 to … Read More
Seek the Master Coaches
Mr. Bellafiore, The reason for this email is somewhat off the topic and a bit out of my curiosity. I read The Talent Code a little while ago and I just realize how much SMB Capital could relate to the book. For example, many good prop firms have multiple offices in multiple cities and even countries. However, you guys being … Read More
Spring Trading
When it comes to professional sports, I’m a shameless homer for my beloved Philadelphia sports teams particularly when it comes to the Phillies and Eagles. And when our teams are on a roll, which the Phillies have been for the last five years and the Eagles for more than a decade, I will hardly miss a beat on any of … Read More
Traders Ask: How Do You Use The Retracement High/Low?
Bella received the following email from a blog reader today Dear Mike, Thank you for an OUTSTANDING book. After studying the information within I now feel like I have a framework for improving my skills with each trade, every day. Steve talked about trading the retracement high today on stocktwits TV today. Could you please explain in more detail and maybe … Read More
SMB University – Corey Rosenbloom on Market Structure
Corey Rosenbloom explains the structure of the trading day. Learn more of what Corey has to offer, through his site Afraid To Trade. Cory Rosenbloom – SMB University from SMB on Vimeo.
Crazy Cramer
I think one of the things that served Jim Cramer very well while he was a hedge fund manager was his mental flexibility. He could blog at 8:00AM how he loved VZ, but by the next day he could talk about how it was a piece of garbage. Many people thought he was crazy for changing his mind so quickly … Read More
Corey Rosenbloom to Appear on SMB University
Corey Rosenbloom, Certified Market Technician, from Afraid to Trade will be appearing on SMB University this Sunday at 8:30pm EST. He will be discussing the market structure of the day. Be sure to tune in!