My Case For A Market Bottom

GualbertoFundamental Plays3 Comments

I think Thursday may have been the lows we may see this bear market.  Obviously, nothing is 100%, but I’m seeing things that have made me feel a little safe to start getting long at these levels.  And if we break these lows, I really don’t know where support is.  But I think the risk/reward is worth getting long at … Read More

Playing for UConn

BellaMike Bellafiore's (Bella's) BlogsLeave a Comment

One of the hardest things when you begin trading is focusing on what is important. At most firms there are leader boards in full view. On your screens it’s impossible to miss your P&L. But it takes about three years to become a great trader. And you can’t make a ton of money until you have developed significant trading skills and learned … Read More

Reviewing Your Work

gmanGilbert Mendez's (Gman's) Blogs, Reading the Tape5 Comments

I was out on the West Coast interviewing some candidates at UC Berkeley last Friday. It sure was nice out there! Mid 70s in the middle of November, really? Oh boy do I miss that awesome weather!. One of the interviewees with a bit of experience in trading his own account asked me a question that I thought was interesting. … Read More

Flat Before the Number?

BellaMike Bellafiore's (Bella's) Blogs4 Comments

After the Close our desk had a spirited debate about whether a trader should have a position before an announcement (in this case the oil and gas number). On Tuesdays we meet after the Close to watch video of One Good Trade produced by a few of our experienced traders. One of our most improved traders, let’s call him MIT, … Read More