Hi Mike, I hope you are doing well. I am reaching out to you because I am struggling a bit, having kind of a rough month so far….. I violated pretty much every rule in my rule book which is why I decided to take today off and rather spend some time analyzing the situation and maybe come up with … Read More
Weekend learning lessons for traders from SMB: How a junior trader had his most profitable day ever
This was overall a frustrating week for traders at our firm and for the traders that I mentor outside the firm. That happens. The key is to learn and grow. There were however some highlights. One Junior Trader had his best PnL day ever. We detail the trade in step-by-step detail that led to his best trading session ever here. … Read More
Weekend learning lessons for traders from SMB: How to buy a hot stock
We just finished one of our best months as a firm. What can you learn from the success of our traders? Our traders gravitated to the stocks most In Play, the pot stocks. Our traders expressed their edges with more sophistication- options, hedges. The most successful traders were both aggressive when they saw their edge AND patient. Traders worked together, … Read More