Watch Bella explain how he traded two excellent IPO opportunities today. You might notice both were not named Alibaba 🙂
“You can be better tomorrow than you are today!”
Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook.
He welcomes your trading questions at [email protected].
no relevant positions
2 Comments on “How I Traded Two IPOs Today ($CYBR and $CFG)”
Was thinking “I would love a video on CYBR” after i saw the movement to the upside later on after bella twitted about it. Didn’t really understand that trade until this video. Extremely helpful.
Wondered why Bella was buying CFG at 22.17 area now solved. When i saw the tweet i thought “it’s violating a trendline i drew and looks like it might go down some more(especially the way it moved down so quick)” After that i was just waiting for it to go back to my entry. At that time wasn’t really thinking about 22.00 level but i knew it was important.
gr8! glad it was helpful!