A trading friend on twitter asked: and then followed up with: @MikeBellafiore Of course we have traders who do not make it with our trading desk and transition into a new job. One thing very important to our firm is to “love them on the way in” and “love them on the way out”. When someone is not successful on … Read More
SMB Futures TOTD – 5/24/18
It’s time for the Futures Desk Trade of The Day! Today the trade is from yours truly. It wasn’t a monster winner, but it was a quality trade from start to finish. CL (crude oil futures) A good entry according to premarket plans and key levels Quality profit taking when given the opportunity Aggressive add given the context of the … Read More
We want to believe you can become a 7-figure trader
Good Evening Mike, I know you’re busy so I will keep this short. I have dreamed of trading for SMB capital since I was a Sophomore in college about 7 years ago. I am a retail trader who mainly focuses on option spreads and asymmetric return trades by way of LEAP options, but I want to apply and make the … Read More
SMB Futures TOTD – 5/23/18
It’s time for the Futures Desk Trade of The Day! If you missed yesterday’s, you can find it here. We love having our traders in Europe and Asia on the Futures Desk. It allows us to capture some trades while the rest of us here in NYC are fast asleep. This trade was just after 4am NYC time. Key variables: … Read More
SMB Futures TOTD – 5/22/18
It’s time for the Futures Desk Trade of The Day! The trade was in crude oil futures. Speaking of which, many think that this is a “wild west” market, and it’s truly not. It’s a great market with solid liquidity and often great momentum. Key variables for the trade: Failed attempt at breakout outside the prior day’s range Failed attempt … Read More