Dimes for Dollars

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

The second reason many traders fail to “stay with the move” is the fear of giving some profits back. The overriding emotion of having to get every penny in every trade causes them to get jumpy as soon as the stock does a stutter step. That’s fine if you are willing to get right back in if the trend resumes, … Read More

The Elusive Easy Trade

BellaGuest Blog9 Comments

Is there such a thing? Day trading has its moments and trades that can be considered easier. I really believe this, but how does one find these trades during the day? It takes preparation, experience, and persistence to find easy opportunities. The preparation is the hard work put in every day looking at chart after chart, drawing trend lines, and … Read More

The Good Trading Stress

BellaGuest Blog2 Comments

When “professional stress” is your problem you are leaving the ranks of amateurs. Are you a stressed out day trader? I am and I couldn’t be happier. I have worked long hours to get to this point. I have spent literally tens of thousands of hours at the screen to attain this stress. Sounds crazy? I don’t think so. A … Read More

Simon Says Simply Read The Tape

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Day trading profitably requires Reading the Tape. Reading the Tape is a skill. It’s a skill that can be learned. However, it doesn’t always come easy to the beginning or underperforming traders. Listening to Simon is tape reading in its purest and simplest form. Learning to Read the Tape in a manner that simplifies your thought process frees you from … Read More

Find the Least Competitive Stocks (Part II)

BellaGuest Blog1 Comment

“Least Competitive?”  At first blush it sounds almost like admitting defeat. Come on, I’m a trader. In order to make it in this profession and derive a good living I have to be able to bang with the big boys right?  Let me give you one of the analogies that I use when mentoring that may coax you to think in … Read More