I haven’t posted in a while. I have been focusing on my trading. I’ll probably post something later this week. But there were a few really interesting articles I’ve seen recently. Links are provided below: Dow could see 4,000 soon. Media market timing is great. Earnings are cyclical. Twenty five top financial blogs.
Random Basketball Thoughts Useful for Trading
Coach Beilein, University of Michigan Head Basketball Coach, offered some thoughts for his players useful for traders. U of M was preparing to play the mighty University of Connecticut. UConn was ranked #1 in the entire country, as is their natural right. And U of M was a middle of the pack Big Ten school. U of M has about … Read More
Learning to Grind it Out
Last Thursday after the close I was reading through our newswire service and saw that their in-house traders posted comments about their trading and saw something that caught my attention. Most of them said that they had traded lightly this week given the current market conditions. Further, I have heard from traders on the street that they have found the … Read More
A Core Position (HIG)
Our firm did a great job establishing a core position in HIG yesterday. GMan was grinding it out in HIG during the lunch hours. Numerous times he was long waiting for HIG to break above 11.50 and it just couldn’t. And then HIG would return to 11. Looking at the intraday chart a new trader might have concluded that HIG … Read More
Step it Up
Every so often a trader will find me and say,”I am going to step it up.” I love confident traders. And every so often Steve, GMan, JToma, or I will tell a trader that they need to step it up. And you can sense after the talk they would run through a wall if that is what it took to … Read More
Advantage–SMB
About 18 months after we created SMB I remarked to Mike that one of our key advantages over other trading desks was a trading philosophy that is not broadly shared amongst our peers. The focus of our desk is to trade things that are In Play. We have a set of criteria used to find these stocks before the market … Read More
From the Mailbag
I received the email below today. Great question. I thought I would share. I am sure others who read SMB Blog have had the same question. So please read the email below and our response. EMAIL Hi Mike, I’m an equity trader at a hedge fund and read your SMB trading blog routinely and very much enjoy it. I’ve read your … Read More
Revenge Trading: Just Walk it Off, Friend
A few weeks backs I wrote about catching yourself before disaster hits. In that entry I discuss what happens when you make a couple of mistakes in a row that lead to complete disaster. Then, a couple of weeks back we got a comment in one of our blog posts that touched on this subject. I would like to expand … Read More
