Hi Bella, I know this question may seem sort of insignificant to others, but I know a trader who uses 10 monitors at his trading desk. Me personally, I just use 2 right now & considering adding a third here soon. I know there may be a bit of a personal preference, but I just thought I’d try and see … Read More
Danger Will Robinson
One of the final lectures in The SMB Foundation is on risk. Risk as it relates to intra-day trading is not simply evaluating the order book for possible exits if a stock moves against you. It involves understanding the current market environment, the type of catalyst that is the primary driver for a stock on a given day, the price … Read More
Eliminating Myself From The Market
Whenever I write a piece like this a fear enters my mind that I will eventually “arb” myself out of the market. Today INFY had Very Large gap higher. Recently, I did a webinar that addressed this trading scenario from a day and swing trading perspective. I also posted this video on how to trade “Very Large Gaps”. My view … Read More
Revealed: How SMB Trader, The King of Men, Navigated BBY Premarket
On Twitter I received this tweet: @rodlivar asked @mikebellafiore is neccesary to stop in the shakeout today in BBY at 13.25 at 09:40 or you could wait for the real level 13.10 or 13 I noticed SMB Trader, The King of Men, did a nice job choosing BBY to trade and traded it well on the open. I asked him … Read More
Tips to Trade Bigger
MIKE- Good evening! I really enjoyed the webinar this evening, that was some good stuff. Lots of good nuggets in there that are practical and applicable. I’ve really been thinking a lot lately about getting bigger responsibly in those key spots where you just HAVE to get bigger and take size. Trying to be harder on myself for not extracting … Read More
I’m Out In The Boonies. What Should I Do?
I received this email yesterday. I am considering signing up for the remote SMB Foundations program. But I am concerned about the technology I would need to get full advantage from the program. I live in rural Texas, and my tools are caveman-primitive compared to those of your traders in NYC. I have a Windows desktop, a 3 mb/sec DSL … Read More
Ten Takeaways from a Top Trading Coach for Success in Trading
SMB had an elite trading coach (name cannot be shared for compliance reasons) visit yesterday for an informal presentation with tips on how to improve trader performance. This coach has worked with the top traders in the world, at prop firms, investment banks and hedge funds. SMB Trader, King of Men, put together a list of ten takeaways from this talk. We thought … Read More
Would You Make This Fade Trade? $APOL
I received this trader question via email on fade trading. Here goes: After the (well-known trader coach visit) meeting, I’ve come to realize I don’t ask enough questions from the people who are more experienced than I am. Today was a dull day, lost about $150, I don’t have a lot of talk about except this APOL trade. I’d like … Read More