The emotions we feel and the actions we take are largely dependent on how we remember things. This is because we use our memories to learn. We might think something like “I remember the last time this happened. I did that and got a favorable result, therefore I will do that again.” The challenge however, is that our memories aren’t … Read More
Options Trading for Income with John Locke for August 4, 2014
Risk Disclosure No relevant positions John Locke – www.lockeinyoursuccess.com
Trading Lesson–How To Trade When The Market Is “In Play”
Short term traders can greatly increase their risk/reward and win rate by making sure that they are in the most “In Play” names each day. Occasionally, the market itself becomes “In Play” following a major technical break and I will trade it via index ETFs. Friday morning I shared a price on StockTwits I wanted to get long the market … Read More
The Rule When Trading on Tilt
A peak into our trading desk in NYC… There are three guys I really like on our desk that have a chance. They work. They care. One has surpassed the monthly PnL number that signifies a real chance to make it by 4x. Another was first in his class to hit that number (can’t share number….compliance). The last has hit … Read More
Options Trading for Income with John Locke for July 28, 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!
Can You Keep it Down Please? I am Trading
Hi Mr. Bellafiore, Terrific book, thank you for writing it. I have the audio version. I ordered it two minutes after I read a comment from one person saying that he had listened to it six times. Due to my tape / chart reading ability combined with having read Reminiscences of a Stock Operator six times (and other books … Read More
Bella Interview on Blog Talk Radio
Listen to this trading interview with Bella on Blog Talk Radio hosted by Aleksander Danilov of Solutionsology.com by clicking this link here. Bella discusses: 1) Why he wrote The PlayBook 2) Process: How The PlayBook and the SMBU Performance Center powered by Tradervue helps traders develop a process where they can build from their strengths. 3) Following like-mind traders on … Read More
Finding and Increasing your Trading Edge – Part 2
One trader on our desk offers a best practice to emulate. This trader had been gross negative 3/4 past months prior to June. He is a hard worker, focused on the markets, disciplined and well-trained. He is one of the guys who can make it. Yet, while I wouldn’t say it was a large deal that he was not yet … Read More