There is a lot of money to be made in a stock that has been beaten down. Generally, after a stock has been destroyed for some fundamental reason it will have some type of longer term bounce where traders can gather information from its price action over the course of several weeks. In the case of RIG it bottomed back … Read More
Six and Half Hours of Fun!
SMB coined the term “intraday fundamentals”. It refers to the study of news patterns that provide us clues to how a stock may move intraday. The best of these patterns are the all-day trend plays, the result of news that’s so important that the stock may trend for the entire day, no matter how the overall market moves. And these … Read More
Was it Really Your Level? Really?
After the Open we meet with our new class and ask them to share a good trade from the open. There was a lot of I bought at this important level and the stock only went up from there. Was it really the level? So the first Newb saunters up to our 65inch flat screen which displays our charts, announces … Read More
Review of SMB on StockTwits TV
During one interview today I was asked what SMB gets out of all the sharing we do on StockTwits. Well really thoughtful emails like the below are one thing: Mike, For what it’s worth, my observation of the changes and improvements that you have made in your video presentations over the past months is that they are remarkable. The … Read More
Self Coaching with Mike Bellafiore
David of The Crosshairs Trader Blog recently mentioned SMB’s Mike Bellafiore for his three self coaching principles.
SMB on Wall Street Warriors
Watch SMB Capital on Wall Street Warriors.
A ? 4 the Trading Community- Specialize or Well-Rounded
Dr. Steenbarger helped SMB recognize one of the improvements we could make at our firm awhile ago. The partners and Senior Traders must be responsible for a great deal of teaching and mentoring. But if traders are not leveraging the talent of all firm members then that firm is not offering the best learning environment. Traders learn from other traders … Read More
10x = X
Excellence is the gradual result of always striving to do better. Pat Riley Maybe I am starting to get a little old. Maybe the half a generation removed from most of our traders is the difference. Then there is my pending marriage and their out-till-4AM shenanigans. But I see a disturbing trend with a few developing traders and some potential … Read More