The Next Classic Trading Books

smbcapitalGeneral CommentsLeave a Comment

Traders’ Library has found the next generation of recently published books that belong on every trader’s bookshelf. They include The Daily Trading Coach by Brett Seenbarger, Technical Analysis Using Multiple Timeframes by Brian Shannon, and SMB’s One Good Trade by Mike Bellafiore.  You can find the list of soon to be classic trading books here.

Shorting MDT

BellaGeneral Comments, Mike Bellafiore's (Bella's) BlogsLeave a Comment

We make trading decisions based upon three factors: intraday fundamentals, Reading the Tape, Technical Analysis.  I traded MDT today using all three to start two shorts.  These are trades that if I made 1000 times I would profit. Intraday Fundamentals We trade stocks with fresh news.   Today we had new news with MDT: Co issues downside guidance for FY11, sees … Read More

HPQ BIDU and some JAZZ

BellaGeneral Comments1 Comment

Well its slow out there. This AM there were only a few stocks with fresh news. JAZZ was one of them. HPQ and the proposal of them potentially buying PAR was another. So I traded both. As I write I am also short BIDU. Let me share my thinking. JAZZ From Briefing.com: Jazz Pharma shares trading 30% lower following Friday’s … Read More

Reformed Broker Reviews One Good Trade

smbcapitalGeneral Comments2 Comments

Joshua Brown from the Reformed Broker believes One Good Trade by Mike Bellafiore, currently the number one trading booking in the country, is more than just a trading book. He says the book is about process, the value of focusing on methodology in your daily tasks and allowing the end results to take care of themselves. Read the full review … Read More