GOALS ACHIEVED

BellaGeneral Comments3 Comments

I received this email from Reader David: Good call Bella! Things are really starting to click for me, letting some plays work over the course of 1-3 days has been where I have been making most of my $.  IMAX was a good example last week, i caught 4 points over the course of a week.And this MGM I got … Read More

The Failure Rate of a Proprietary Trader

BellaGeneral Comments68 Comments

I remember the discussion like it was yesterday. It was in our former 8×10 makeshift training room/office/conference room/lounge with the first trader who ever failed at SMB Capital. JJ announced he was leaving to take a six-figure job at a financial services company in NYC. But let’s be honest. JJ was leaving because he was not making money as a … Read More

How Do You Spend Your Time?

BellaMike Bellafiore's (Bella's) Blogs10 Comments

GMan, Joe P and I traded QCOM After Hours (chop!) and then I hopped on the subway much earlier than usual to head uptown. It was a road trip for SMB to experience Avatar on the IMax with 3D glasses. On my ride uptown I overheard some new day traders from another firm talking. I found their conversation unproductive. Three … Read More