I am going to share what a *very* promising developing traders looks like. I will do so by sharing his Daily Report Card. Notice how he judges his trading, thinks about his trading, is working on the right things, and is intensive in his efforts. This is a trader to copy if you are a new and developing trader. His … Read More
Weekend trading lessons from SMB: IPOs, Breakout Trades, RVOL, Earnings Season, and more
The weekend is a terrific time to work on your trading game. 1. Working on your IPO game is worth consideration, particularly in such a strong market. SONO was one of the better trades of the week on the long and short side. One developing trader sent me his Trade Management from his SONO IPO PlayBook. 2. One SMB YouTube … Read More
The weekend is a time for study and preparation for the next trading session
The weekend is a time for study and preparation for the next trading session. On our desk, one experienced trader, who went (naked) short into TWTR earningss, reviewed this trade with another veteran firm trader. This other trader expressed the same trade with options and thus limited his risk. The trader who was naked short made more, but recognized the … Read More
Stop losses for stock riches
There is one thing you have to get right at the start, developing stage, and apex of your trading career. Some think getting this one thing right it is optional. There is other work waiting for them. Others fight its necessity to the frustration of those who run trading firms. Those traders either get onboard or are transitioned out. Still … Read More