Goal Setting: A Conversation with Chicago Sean

BellaMike Bellafiore's (Bella's) Blogs10 Comments

Chicago Sean has become a daily must read since he burst onto the StockTwits Blogosphere.  An experienced trader through many markets earns my ultimate respect immediately.  I want to read what he has to say.  Trading is a very difficult job.  Many can’t.  And many fewer can’t through different markets. Chicago Sean tackled the important topic of goal setting the other … Read More

First Aid for The Lonely Trader

BellaGuest BlogLeave a Comment

Are you a “home-office trader” whose “trader friends” are limited to those user names in online trading rooms? Are you lonely? Would you benefit from the face-to-face meeting of other real live humanoid traders in your local community? If yes, then read on…….. I am a female “home-office trader” residing in Scottsdale Arizona, who, 7 years ago, was so desperate … Read More

Follow the Trend?

BellaGeneral Comments, Mike Bellafiore's (Bella's) Blogs4 Comments

Stock day traders who act in sync — no matter the stock, or whether they are buying or selling — makemore money at the end of the day than their out-of-sync peers, reports an analysis to appear in the Proceedings of the National Academy of Sciences. Making its rounds on the trading twitter circuit was an interesting article about how intraday … Read More

Extraordinary Situation; Ordinary Trade.

AdamAdam Grimes's blogs, Technical Plays6 Comments

In yesterday’s post, I made a case for a bounce play in the Japanese stock market. Last night’s extreme move makes this call look kind of silly in retrospect, but I want to highlight some important points and lessons here. First of all, this really highlights the difference between “armchair quarterbacking” or “time machine trading” (as we like to call … Read More