Good morning traders, Markets are mixed ahead of a barrage of economic data this morning. Significant potential market-movers are due out at 8:30, 9:15, 9:55 and 10:00, so pay attention. Asia mixed (S Korea +1%, China -1.7% after raising reserve requirements again), Europe down across the board, and South Pacific mixed. Big moves in currencies this morning as the AUD … Read More
Finding a trading edge: a case study
Finding a trading edge in the SMB Radar’s In Play list.
Morning Thoughts 1/12
Good morning traders, Strong followthrough day in Europe (Spain +5%, Germany + 2.2%), with all of Asia up as well (South Korea leading +1.4%). Also seeing good strength in Russia (+2.8% = 5 standard deviations… a big move for this market) and Greece (+5.7%). In fact, the only world markets flat to down are Dubai and Israel. Swing traders need … Read More
Mike Bellafiore on the Vince Rowe Show
Mike Bellafiore, author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading, recently appeared on the Vince Rowe’s show, Ahead of the Curve. During this show Mike briefly described his trading career; the founding of SMB, and ways traders are educated to become consistently profitable. Vince Rowe’s hold no punches radio show dispels the myths of the … Read More
Delisting Stress
Traders can do themselves a huge favor by regularly engaging in stress reduction efforts. Some of these include regular exercise, good sleep habits, proper nutrition, leading a balanced life with interests outside of trading, stable personal relationships, meditation, biofeedback, and others. and then….. The main idea is to DO SOMETHING (the more the better) to inoculate oneself from extreme stress … Read More
Morning thoughts 1/7
Good morning and happy Friday, traders! Volatility has returned after the holidays, but in a muted, non-directional context. This is a little unusual as the market often would have made a strong trend move (over the course of several days) by this point after the holiday. This week, we have had a series of economic numbers that could potentially have … Read More
Morning thoughts 1/6
Good morning traders, World equity markets are generally up this morning. Biggest upside movers are Japan (1.5%) and Norway (1.1%). China, Ireland and Portugal are down slightly overnight. No big currency moves overnight, though the Yen is strong (EURJPY AUDJPY etc) against most of its trading partners. One of the big questions this morning will be whether we have second … Read More