Sleeping In Shanghai

sspencerGeneral Comments, Trading Lesson4 Comments

I returned from traveling in China a few days ago.  My body hasn’t made the time adjustment yet.  There is a 13 hour difference between NYC time and Shanghai time.  Night is day and day is night.  Yesterday I was reviewing the SMB Scans which are compiled after the close each day.  They consist of stocks in our tradeable universe … Read More

Goals for 2011

BellaMike Bellafiore's (Bella's) Blogs6 Comments

This weekend we asked our traders to craft a list of goals for 2011.  This is an exercise every serious trader (person?) should complete.  When you create a picture for where you want to be by the end of the year it helps organize all that needs to be done to get there.  Create process and results goals. Here is an … Read More

Morning thoughts 1/4

AdamAdam Grimes's blogsLeave a Comment

Good morning traders, A few important things happening this morning: Europe is strong at +1.3% (2 standard devs).  UK is much stronger and is up 3.2% (4.5 standard devs) on followthrough from very hot manufacturing data.  We are also seeing corresponding moves in Cable and Euro compared to Pacific currencies (GBPAUD +2%, etc). Chile is intervening with a 12B FX … Read More

Morning Thoughts 1/3

AdamAdam Grimes's blogsLeave a Comment

Good Morning Traders, And Happy New Year!  Some interesting things happening this morning: First of all, realize that volatility cratered in the last weeks of 2010, but this is nothing out of the ordinary.  The circled area above shows our indicator that looks at each day’s price change as a standard deviation of the last 20 days.  As you can … Read More