On Twitter I received this question: Does the success of ur day hinge on ur PnL, or proper execution? By 1 std I failed 2day, the other = success cc @MikeBellafiore @MikeBellafiore At SMB we do not define success or failure by our P&L but by whether we traded well. At the close we do a detailed trading review of how … Read More
Did You Trade Well? (Part I)
On Twitter I received this question: Does the success of ur day hinge on ur PnL, or proper execution? By 1 std I failed 2day, the other = success cc @MikeBellafiore @MikeBellafiore At SMB we do not define success or failure by our P&L but whether we traded well. At the close we do a detailed trading review of how well … Read More
Options Trading Commissions: Choosing the Best Broker
In our continued discussion about picking a broker for your options trading, one must always consider commissions. As discussed in our previous article, the good news is that rates are more competitive than at any other time. When you are just starting out learning how to trade options there are many brokers to choose from and just as many different … Read More
Webinar Recording–“Trading Fundamentals: Things Great Traders Do and Never Do” with Mike Bellafiore and John Hoagland
If you missed this special presentation on “Trading Fundamentals: Things Great Traders Do and Never Do” with Mike Bellafiore and John Hoagland from TopstepTrader.com, this is your opportunity to watch it. They discussed what separates great traders from the rest of the pack. Please sign up below to watch the recording: no relevant positions
Options Trading Basics: Choosing an Online Broker
When starting your options trading journey there are many things to consider. One decision that every trader must face is which online broker to use. It is also the most common question that is asked by those searching for the options trading basics. The answer can sometimes be very simple and other times more complex depending on the needs of … Read More
Super Stocks In Play
Hi Mike, Nicely done tonight… You spoke about stocks in play briefly. I am not sure I heard the definition properly for a stock in play. Is the selection a function of Volume only which is +/-3% of overnight volume? Could you briefly define a stock in play? Thanks, Jim @mikebellafiore Thxs for attending our Webinar last night. In The … Read More
My Favorite Candlestick Pattern
Before I get into my favorite candlestick pattern, I want to first mention that I am in the process of writing a book about forex trading for Wiley & Sons. I want this book to be one that will actually help you improve your trading skills. So I am not writing what I think be beneficial to you, instead I … Read More
Steps to Profitable Short-Term Trading
The first step we cover during our interviews with candidates for a position in our NYC office is a series of questions designed to discover a trader’s motivations and goals for entering the business of short-term stock trading. As we cover the questions, we recommend you write them down on a separate sheet of paper and answer them for yourself … Read More