Good Morning traders, I’m moving a little more slowly than usual this morning (probably due to the 1AM blog posting lol), so I’m going to steal more heavily than usual from my morning note for Waverly Advisors. Keep in mind that most of our perspectives there are aimed more at swing traders or investors, but I think they also serve … Read More
Finding a trading edge: a case study
Finding a trading edge in the SMB Radar’s In Play list.
Move On After a Trading Session
In Buster Olney’s latest column he offers an interesting thought for us as traders: move on from a trading day. Into The Close and on The Open most traders are in a state of heightened focus. It would be exhausting to stay in this state all day. We would burn out quickly attempting to stay so intensely focused. Buster asked … Read More
Morning Thoughts 1/12
Good morning traders, Strong followthrough day in Europe (Spain +5%, Germany + 2.2%), with all of Asia up as well (South Korea leading +1.4%). Also seeing good strength in Russia (+2.8% = 5 standard deviations… a big move for this market) and Greece (+5.7%). In fact, the only world markets flat to down are Dubai and Israel. Swing traders need … Read More
Is Trading Your Passion? (a Quiz)
I’m often asked what I most look for in a future trader. I answer, “A passion for the markets.” I advise all who receive an invitation to join our firm to politely decline if you do not have a passion for the markets (they may have tricked us 🙂 ). I implore those considering trading as a profession to spend some … Read More
SMB Morning Rundown – January 11, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Morning Thoughts 1/11/10
Good Morning Traders, We are coming in this morning to find world markets up strongly overnight. Asia is mixed (Taiwan +1.6%, Hong Kong +0.7%, Japan – 0.5%), Europe up across the board (Europe Broad +1/2%, Portugal 2%, UK 1.2%). South Pacific lagging a bit (Philippines -1.4%, Australia -0.5%), but these have been world relative strength leaders for several months. The … Read More
Mike Bellafiore on the Vince Rowe Show
Mike Bellafiore, author of One Good Trade: Inside the Highly Competitive World of Proprietary Trading, recently appeared on the Vince Rowe’s show, Ahead of the Curve. During this show Mike briefly described his trading career; the founding of SMB, and ways traders are educated to become consistently profitable. Vince Rowe’s hold no punches radio show dispels the myths of the … Read More