Hello Mr. Bellafiore, I just read an article/post from you, and I think you are one of the few out there who know what they are doing and not after the quick buck. I’ve wanted to be a trader for close to 15 years. I’m 41 now, and I still have this desire. I never quite could get my head around … Read More
Be Careful What You Wish For
Whenever I’m considering working with someone, I always ask a series of questions. One of the questions I ask is “Why are you trading?” I bet it wouldn’t shock you to find out the number one answer is “I want to make more money!” which is the wrong reason by the way but I accept it and continue on. My … Read More
Options Trading for Income with John Locke for August 11, 2014
Risk Disclosure No relevant positions John Locke – www.lockeinyoursuccess.com A great way to improve your trading results is by keeping up to date with the latest trading techniques and current market conditions!
How Long Does a Trading Slump Last?
Hi Mike, Would like to know how long does a trading slump normally last? And how does one know trading is not their cup of tea or doesn’t suit one person? Thanks in advance. @mikebellafiore Trading slumps depend on your trading style and skill level. Scalpers, a trader who trades off of order flow or Reading the Tape, like Pippen … Read More
Slow Down! The Challenge of Newness to Trading
Traders want to become Steve Cohen TODAY! This can lead to starting too fast for all levels of traders at all different stages of their careers. My advise based on experience working with pro traders in NYC? Slow down! At our firm we hire experienced discretionary and quant traders with a track record. We fully back the traders taking all … Read More
Less is More
As I sit here looking at the 400 emails I’ve gotten this morning, I’m reminded of the massive amount of information we need to sift through on a daily basis and how all that information affects our journey as traders. I grew up with the belief that” knowing everything I could know” about a subject was a good thing. After … Read More
Trading Made Easier- $SSYS $THOR
Trader Development has started for our newest class of traders. After they complete the SMB Foundation, they trade live and take Trader Development. We are making a special effort with this class to keep things simple. If you were teaching someone to play basketball would you teach them first how to make turnaround 3 point shots? No you would have them … Read More
Recording: Paul Forchione: Optionvue Systems, International: Finding Butterfly and ‘Calendarized Butterfly’ Opportunities
Paul Forchione of Optionvue Systems, International returns to the Options Tribe to discuss ways to unearth opportunities for out of the money butterflies and ‘calendarized butterflies’ for directional options plays. Enjoy the video! Risk Disclaimer no relevant positions