Yesterday we received an inquiry from a reader regarding algos. Read the inquiry below: Hi. I have been trading for nine years now and one of my biggest strengths is tape reading. However, the algo programs are absurd these days. How does the Gman distinguish real buying from some program just market making a stock? Also, it seems like the programs are more in … Read More
I’ve lost tremendous amounts of money in various markets and I think that that’s something that makes you better at my job, not worse. Jim Cramer I received this email from reader Danielle. My sense is that our blog readers would have strong opinions that would help Danielle. So I open up this blog asking for your advice to Dan. … Read More
A very talented experienced trader joined our desk about five months ago. Let’s call him Trader Dan. He decided SMB was a better fit for his personality than his original trading firm. His first trading job entailed shorting very strong stocks intraday and getting long very weak stocks intraday. Somehow he was able to earn a living with that strategy … Read More
Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about the methods he uses to review and analyze his trading data.