I Am Worried About Dark Pools

BellaGeneral Comments1 Comment

RE:  Should we be concerned with all of the volume being done on dark pools as retail traders? @MikeBellafiore   SMBU recently sent a survey to the SMB Trading Community asking of their trading frustrations. From this survey we ferreted out the top five trading frustrations. Then we held a Webinar to offer solutions. Here is a link to that … Read More

This is a Detailed Trading Plan

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Q: How many pages is typical of a sufficient detailed trading plan? And how might one go about SIMPLIFYING to focus on what matters most? @MikeBellafiore SMBU recently sent a survey to the SMB Trading Community asking of their trading frustrations. From this survey we ferreted out the top five trading frustrations. Then we held a Webinar to offer solutions. … Read More

Ask The Trading Doc: How Do I Take On More Risk?

BellaGeneral Comments2 Comments

Hi, Mike. Thank you very much for writing The Playbook. I thoroughly enjoyed it and my own playbook is coming together nicely. I’m curious if you have any thoughts on what a trader can do to shift their psychological skew from Afraid to Lose to Afraid of Missing Out? Is it just a matter of screen time and repeatedly/mechanically taking the A+ … Read More

The Trading Technology You Must Have

BellaGeneral Comments1 Comment

Mike, I’m in the first day of the equities foundation course and I have a quick question: What trading software is currently being used for intraday? Is this something that I get access to through SMB? Thank you! @mikebellafiore We use proprietary trading software Gr8 trade. It is only available to our in-house traders on our prop desk in NYC. … Read More

From The PlayBook: Trade a Bigger Account

BarryLGeneral CommentsLeave a Comment

This latest excerpt from The PlayBook comes from Chapter 9: “Iceman: No Guts, No Glory”: — So let’s say that now you can risk 30 percent of your intraday stop loss and hold for the real move. Next you want to get even bigger. At this point, most incorrectly focus on adding share size. So if 5,000 was your biggest position, you … Read More