$TWTR is a week away from becoming the “hottest” IPO since its much larger cousin $FB went public in May 2012. $TWTR seems intent on not having a repeat performance of the $FB IPO debacle which was a trifecta botch job by the lead underwriter Morgan Stanley, the NASDAQ stock market and the Facebook CFO. $FB went public at a … Read More
What Is Your Perspective on the Market?
— Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Mastering Trade Execution: Unlocking VWAP and Independent Order Flow Principles
During our SMB Midday Recap Bella taught: 1) A trading execution principle for stocks that break out. 2) How to make a second-day VWAP support play in $CAT by doing the exact opposite of what he did. 3) An example of the best stocks to trade for intraday traders—those with independent order flow. $FIO was used as an example of a … Read More
LS Trades Reviews The PlayBook
Liquid Snake, aka Sebastien Salois, is a former professional basketball player and financial security advisor who runs a Web site called LS Trades. Recently, he wrote a terrific review of The PlayBook, and we’ve pasted it here in full. We thought you might enjoy it. —- READ THIS BOOK. In anything where there’s a huge demand and interest for knowledge, … Read More
Best Trading Tweets #28
Henrique Simoes (@traderhms / [email protected]) is the founder of the Best Trading Tweets Web site. Recently, he selected and highlighted a tweet by Bella. We though you’d like to see it. You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions
Adapting The Technical Perspective
Many mainstream trading books about forex trading love to talk about the importance of combining a fundamental view and a technical view of the market. That’s great if you are going to be interviewed on a popular financial media outlet. Fundamentals make you sound smart, and smart is sexy. The problem is fundamentals generally look at the market from a … Read More
Why This SMB Trader Added to His $FB Longs Today (video)
During our SMB Midday Recap Bella discussed: 1) Why he added to his FB, Facebook, position at 51.16 for a swing trade? For those following at home, Bella tweeted this in real-time on SMB Real Time. 2) Why you should develop a list of intraday stocks that do not trade well if you are an intraday trader. Hint….$CAT 3) Why … Read More
Knowing Your Risk on Multiple Time Frames
*****Editor’s note: Jake Huska is a college student working on his trading game. At SMB we believe traders should start working on their trading game early, just like pro athletes. Jake’s posts reflect a better journey to pro trader for the college student with a passion for trading.***** There is a saying along the lines of “Good traders know their … Read More